Procurement Insights

NOVEMBER 21, 2023

You have shared another thought-provoking post , Joël Collin-Demers. As you know, Indirect MRO is an area about which I never get tired of talking. In my recent post, Are you chasing solutions or solving problems? (Part 1 of 3) I talk about an agent-based versus equation-based approach. Here is the link – [link] Everything you are talking about is excellent and on the money and will improve procurement.

Sourcing 52

Sourcing Procurement 52

All Things Supply Chain

NOVEMBER 20, 2023

Sustainable procurement has become more and more critical for businesses that want to reduce their environmental impact and improve their sustainable practices.

Sustainability 277

Sustainability Strategy Procurement Procurement strategies 277

ProcurePort

NOVEMBER 20, 2023

Online Contract Management Safety Overview: Strong security measures, like encryption and access controls, are important for keeping online contract management systems safe. To deal with risks like data breaches and unreliable vendors, we need to be proactive. This means following rules and giving safety training to users. Strategic Considerations for Enhanced Safety: Collaboration and integration […] The post Is it Safe to use an Online Contract Management System?

Contract management 130

Contract management Contract Management Collaboration 130

Una

NOVEMBER 19, 2023

Procurement Career Advice A series of resources sharing procurement career advice and exploring the skills needed to become a successful and impactful Sourcing Hero. 6 Reasons to Choose a Career in Procurement From finding a sense of purpose and developing essential skills to making an impactful difference when it comes to sustainability efforts, procurement offers a wide range of opportunities for professionals seeking a career path.

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Procurement Strategic sourcing Strategic sourcing Negotiation 52

Advertiser: GEP

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

Category management

The Procuretech Podcast

NOVEMBER 21, 2023

In this episode of The Procuretech Podcast, host James Meads is joined by Simon Geale, VP of Procurement at leading UK-based consultancy Proxima. This is a fireside chat-style episode about the latest trends in procurement technology. Simon talks about his background and role at Proxima, and the company's focus on serving large enterprise clients with complex procurement problems.

Procurement 40

Procurement Innovation Budget Strategy 40

Supply Chain Brain

NOVEMBER 21, 2023

Achieving resilience in supply chains is essential, but it's crucial to implement measures carefully so they do not hinder or conflict with other competing priorities.

Supply chain resilience 141

Supply chain resilience Supply chain Supply 141

Procurement Leaders

NOVEMBER 21, 2023

Like many within the procurement community, dsm firmenich’s deputy chief procurement officer Gianluca Colombo is a keen chef in his spare time. “I like cooking and discovering new recipes, he told Procurement Leaders. “I mean, sometimes the result is not that amazing but at least I discover new cultures.” Following the completion of the merger between DSM and Firmenich in May 2023, in his day job, Colombo finds himself breaking silos like a chef might eggs to ensure the s

Sourcing 130

Sourcing Chief Procurement Officer Sustainability Procurement 130

Supply Chain Dive

NOVEMBER 20, 2023

The initiative at a California hub offers on-site day care in emergency situations, which will expand to more company facilities in 2024.

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128

Supply Chain Brain

NOVEMBER 20, 2023

We've only just begun to scratch the surface of AI's transformative potential, and navigating this landscape requires collective wisdom and ethical vigilance.

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Ethics Data 127

SCMR (Supply Chain Management Review)

NOVEMBER 20, 2023

Detecting and reducing supply chain fraud can be done using artificial intelligence and the existing supply chain systems and the familiar transactions that they produce.

Supply chain 112

Supply chain Supply 112

Advertiser: ZoomInfo

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

Data

Arkestro

NOVEMBER 21, 2023

As they strive to make their supply chains more resilient, global companies are grappling with two challenges: the difficulty in discerning potential sources and the extended time required to find, vet, and onboard new suppliers. Companies such as Walmart, Tyson Foods, Koch Industries, Maersk, Siemens, and Unilever are using AI tools to swiftly find and engage with alternative suppliers during unexpected disruptions.

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Supply chain Buyers Supply Suppliers 98

Supply Chain Dive

NOVEMBER 22, 2023

The retailer plans to have more than 40 stations, described as mini post offices, in its stores by the end of 2023.

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Supply Chain Brain

NOVEMBER 21, 2023

Brick-and-mortar retailers are seeking out hi-tech ways of tracking the habits of flesh-and-blood shoppers while they’re in their stores.

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IBM Supply Chain Blog

NOVEMBER 20, 2023

Advanced organizations know their greatest assets are their employees. However, keeping employees happy and engaged can be challenging, especially when considering available resources and the need to meet other organizational goals. An organization is only as strong as its talent pool, so organizations have increasingly embraced talent management as a core component of their overarching strategy.

Strategy 97

Strategy Management Business strategy Influencing 97

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In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.

supply chain budgeting

Art of Procurement

NOVEMBER 23, 2023

News stories come and go but some have more ‘legs’ than others. While wars and politics and the economy can. The post Where are they now? appeared first on Art of Procurement.

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Procurement Risk management Risk Management 94

Supply Chain Dive

NOVEMBER 21, 2023

The logistics provider is leveraging an automated storage and retrieval system to improve throughput times.

Supply chain 108

Supply chain Logistics Supply 108

Supply Chain Brain

NOVEMBER 19, 2023

Many third-party logistics providers gained an advantage from being early adopters of supply chain technology, but they soon met challengers in the form of pure-play technology providers, says Peter Weis, chief information officer and senior vice president at ITS Logistics.

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Supply chain Data Logistics Supply 119

IBM Supply Chain Blog

NOVEMBER 21, 2023

Apache Kafka is a well-known open-source event store and stream processing platform and has grown to become the de facto standard for data streaming. In this article, developer Michael Burgess provides an insight into the concept of schemas and schema management as a way to add value to your event-driven applications on the fully managed Kafka service, IBM Event Streams on IBM Cloud ® What is a schema?

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Real-time Visibility Quantity Data Quality 96

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?

Innovation

SCMDOJO

NOVEMBER 18, 2023

When you think about machine learning, you might imagine robots learning as they interact with their surroundings. In numerous aspects, you’re not too far off. Within the specialized subject of artificial intelligence (AI), machine learning refers to the ability of systems and machines to learn from their experiences and get better without explicit programming.

Route optimization 94

Route optimization Supply Chain Optimization Data Price 94

Supply Chain Dive

NOVEMBER 21, 2023

Much is at stake for the shipping provider's e-commerce logistics segment to reliably deliver for the holidays. Automation will play a big role.

Logistics 101

Logistics 101

Supply Chain Brain

NOVEMBER 20, 2023

Re-shoring or near-shoring factories, “just-in-case” inventories, and qualifying alternative suppliers are among the most common ways that companies are building resilience. However, these strategies come with tremendous complexity and a heavy price tag.

Inventory 116

Inventory Price Strategy Suppliers 116

Spend Matters

NOVEMBER 20, 2023

The term ‘ESG’ can mean a lot of things to different stakeholders such as regulators, customers, investors, employees and functional leaders — including procurement. ‘Environment,’ ‘society’ and ‘governance’ can be such broad, overwhelming concepts that the details of what each goal means in terms of an organization’s strategy and process can get lost in translation.

Supply Chain Efficiency 93

Supply Chain Efficiency Sustainability Supply chain Strategy 93

Advertiser: GEP

For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic

Supply chain

Procurement Insights

NOVEMBER 20, 2023

With 900 plus radio interviews under my belt as a host, plus numerous television and webinar appearances, the only thing I have enjoyed more than the live broadcasts are the green room discussions before going live. While the live events are energized and engaging, the raw, uncut, and unedited discussions have a different feel that is not as formal and can be unpredictable.

Negotiation 91

Negotiation Data Procurement Supply chain 91

Supply Chain Dive

NOVEMBER 21, 2023

The automaker is looking to create a circular supply chain that can make use of aging Prius models to help feed its growing electric vehicle production.

Sourcing 100

Sourcing Supply chain Supply 100

Supply Chain Brain

NOVEMBER 19, 2023

Considering the huge cost of food fraud in global supply chains, it might come as a shock to consumers to learn how weak are the current efforts to put a stop to it.

Supply chain 115

Supply chain Supply 115

IBM Supply Chain Blog

NOVEMBER 24, 2023

Application modernization is the process of updating legacy applications leveraging modern technologies, enhancing performance and making it adaptable to evolving business speeds by infusing cloud native principles like DevOps, Infrastructure-as-code (IAC) and so on. Application modernization starts with assessment of current legacy applications, data and infrastructure and applying the right modernization strategy (rehost, re-platform, refactor or rebuild) to achieve the desired result.

Real-time Visibility 89

Real-time Visibility Data Cost of ownership Strategy 89

Advertiser: ZoomInfo

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

Buyers

SCMR (Supply Chain Management Review)

NOVEMBER 21, 2023

The supply chain provides a means for mid-cap companies to improve shareholder and equity value, if they pull the right levers

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Supply chain Supply 88

Supply Chain Dive

NOVEMBER 21, 2023

As automakers ramp up production efforts, labor challenges and geopolitical risks may continue to plague operations, according to industry experts.

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Supply chain Risk Supply 97

Supply Chain Brain

NOVEMBER 22, 2023

Demonstrators from Mighty Earth and Youth Climate Strike LA dressed in red “Squid Game” suits and staged a “die-in” at the LA Auto Show November 18.

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Supply chain Supply 111

IBM Supply Chain Blog

NOVEMBER 20, 2023

Today’s healthcare providers use a wide variety of applications and data across a broad ecosystem of partners to manage their daily workflows. Integrating these applications and data is critical to their success, allowing them to deliver patient care efficiently and effectively. Despite modern data transformation and integration capabilities that made for faster and easier data exchange between applications, the healthcare industry has lagged behind because of the sensitivity and complexit

Data 87

Data Management Demand Sourcing 87

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Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.

Supply Chain Optimization