Trending Articles

article thumbnail

CPO Crunch: See savings as a starting point

Procurement Leaders

Savings can be a dirty word in the complex, angst-ridden world of procurement. Ask your average CPO to talk about the issue and the chances are the conversation will quickly become derailed. Two reasons. First, many CPOs view savings as fundamental, but no longer strategically critical to their strategies. In many conversations I’ve had over the years, savings have been explained away as housekeeping, the basics, an enabler to procurement being trusted enough to drive more ambitious projects and

Budget 130
article thumbnail

Keeping your supply chain on track with real-time data

All Things Supply Chain

Since the Covid-19 pandemic, supply chains have faced geopolitical tensions, environmental challenges and significant disruptions, like the bridge accident in Baltimore.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Advancements & Adjustments in the GE Appliances Supply Chain

Art of Procurement

GE Appliances is a subsidiary of Haier Smart Home, a Shanghai-based company that purchased them from GE in 2016. Until. The post Advancements & Adjustments in the GE Appliances Supply Chain appeared first on Art of Procurement.

article thumbnail

USPS ending delivery unit discounts for shipping partners

Supply Chain Dive

The agency has reached several new agreements with consolidators that align with its long-term transformation plan, despite concerns of service impacts.

122
122
article thumbnail

How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk. When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.

article thumbnail

Understanding the Nearshoring and Reshoring Phenomenon

Supply Chain Brain

This piece summarizes valuable reshoring and nearshoring insights from a recent discussion between JLL Industrial’s Executive Managing Director, Greg Matter, and Senior Vice President Ada. It discusses the trends, benefits, challenges and other factors U.S. manufacturers should know as they consider bringing their own operations and facilities stateside.

article thumbnail

Q: How Do You Choose The Right Solution Provider? A: 40 Plus Years And A Very Deep Archive

Procurement Insights

As I looked at your map, James Meads , I noted a couple of logos that looked familiar to me – one I initially covered in 2014 – Bonfire Interactive, a Euna Solutions Brand. Back then, they were just Bonfire. By the way, the beauty of archives – remember 40 years plus in this industry, is that it takes me very little time to do the following: 1.

More Trending

article thumbnail

What the Research Foretells About Procurement’s Vision, Priorities, and Opportunities

Art of Procurement

“Procurement is at the point where they’re trying to figure out next steps on digitization, and it will be an. The post What the Research Foretells About Procurement’s Vision, Priorities, and Opportunities appeared first on Art of Procurement.

article thumbnail

De minimis: Helping or hurting U.S. manufacturers?

Supply Chain Dive

While groups like the National Association of Manufacturers claim the exemption benefits domestic production, others say it erodes the U.S. industry’s competitive edge and forces factory closures.

95
article thumbnail

Top Trends in S&OP for Tomorrow

Supply Chain Brain

Sales and operations planning is experiencing both a renaissance and a revolutionary transition, thanks to rapid technological innovation and the aftermath of the COVID-19 epidemic.

article thumbnail

How much do you trust ChatGPT when selecting a solution provider?

Procurement Insights

“ General Trust Levels : Surveys show that a majority of users find AI-generated responses helpful, with trust levels ranging from 30-60% depending on the platform and how the information is used. For example, people may trust AI-generated responses more in technical or fact-based areas (e.g., math, coding) than in subjective or complex decision-making.” – (Source: ChatGPT) I asked ChatGPT the following two questions: Who are the Top 10 procurement solution providers with the h

article thumbnail

How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro

article thumbnail

CPO Rising Listicle: 8 Reasons Why a CPO Needs a Strong Strategic Sourcing Operation

CPO Rising

Fridays (in 2024) means that it’s time for another CPO Rising Listicle. Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help… The post CPO Rising Listicle: 8 Reasons Why a CPO Needs a Strong Strategic Sourcing Operation appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

article thumbnail

Procurement 6 – September 13th, 2024

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – September 13th, 2024 appeared first on Art of Procurement.

article thumbnail

Ocean carriers form ‘Premier Alliance’

Supply Chain Dive

In an evolution of THE Alliance, Ocean Network Express, Hyundai Merchant Marine and Yang Ming Marine will cooperate on trade lanes starting in 2025.

article thumbnail

China Asks Its Carmakers to Keep Key EV Technology at Home

Supply Chain Brain

China’s directive comes at a time most major Chinese carmakers are looking to localize manufacturing so as to avoid tariffs on Chinese-made EVs.

97
article thumbnail

The Evolution of Control Towers to Command Centers

Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.

article thumbnail

In Search of The 25%: The Optimal Solution Provider Screening Process

Procurement Insights

EDITOR’S NOTE: Here is a comment regarding yesterday’s post asking why companies aren’t giving demos. If you haven’t already, read that post before reading today’s post. “I love the Jon W. Hansen takes! unapologetically puts a scope on the truth (asking ‘boots on the ground’ so to say type of questions when it comes to tech and solution providers.

article thumbnail

TechnoMile: Vendor Analysis — Contract lifecycle management solution overview, roadmap, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of TechnoMile and its contract lifecycle management (CLM) solution for government contractors. TechnoMile exists to give government contractors a better alternative to traditional CLM products. While these tools are often focused on the contract creation process for B2B transactions, B2G (business-to-government) contracts are written on federal paper and require more specific management.

article thumbnail

Perspective on Generative Artificial Intelligence (AI) in Procurement:

Jaggaer

Let Tech Take Care of the Tech, Let Humans Take Care of the Human Rapid technological evolution can be intimidating, even for the most tech-forward companies. With the acceleration of Artificial Intelligence and its role in our world and how procurement functions, it’s easy to become overwhelmed by both the possibilities and the risks. But the only way out of fear is through it, and when you get to know the tech, generative AI will transform procurement processes and create highly inspired procu

article thumbnail

US Postal Service’s transportation shakeup: What shippers should know

Supply Chain Dive

The agency's proposal would add an extra day in transit for some volume at post offices far away from its major processing plants.

109
109
article thumbnail

The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

article thumbnail

U.S. Dept. of Commerce Unveils Supply Chain Risk Assessment Tool

Supply Chain Brain

SCALE allows the U.S. to weigh supply chain risk across the economy, and then provides an in-depth diagnostic assessment of what's driving those issues.

Risk 89
article thumbnail

Is AI Washing A Real Thing?

Procurement Insights

What is AI Washing? (Bandwagon Jumpers) – click here or the image below to watch a short video. Okay, Bob Mango , here is a link to my most recent LinkedIn post that very much aligns with what you are saying – [link] I turned 65 this year, and after over 40 years in high-tech and procurement, I can say with great certainty that Hype Cycles like Gartner’s do more harm than good.

article thumbnail

Procurement News — September 11, 2024

CPO Rising

Welcome to Procurement News, part of our ongoing aggregate news series covering recent supply management headlines and trends pertinent to Chief Procurement Officers and other procurement leaders! Contact us with… The post Procurement News — September 11, 2024 appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

article thumbnail

How to Save Money with Supplier Information Management

HICX

According to the Logistics Bureau , strategically reducing supply chain costs can substantially boost net profits, while the scope for potential reductions remains wide open. This underlines the importance of taking a structured approach to savings within organizations’ supply chains, in which a customized SIM platform can act as a catalyst for uncovering hidden savings and driving operational excellence.

52
article thumbnail

Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

article thumbnail

UPS, FedEx fuel surcharge hikes persist

Supply Chain Dive

The carriers both made adjustments to the fees in recent weeks, but a soft demand environment is giving shippers room to negotiate.

article thumbnail

U.K. Imposes Fresh Sanctions on Russia Shadow Fleet Ships

Supply Chain Brain

The ships targeted are all described as “high-volume offenders” — vessels operating around the clock to transport as much Russian oil as possible.

93
article thumbnail

Procurement didn’t start the fire, Gartner did?

Procurement Insights

Ryan Backman Senior Account Executive @ Gartner | Problem Solver | Quote EnthusiastSenior Account Executive Book an appointment • 12 hours ago Gartner predicts that by 2027, 60% of organizations will fail to realize the expected value of their AI use cases due to incohesive ethical governance frameworks. Learn how proactive CDAOs are prioritizing AI-ready data governance.

Ethics 52
article thumbnail

Magnus Mondays — The Supplier Management Tech Series — Part 3: Supplier Performance Management

CPO Rising

Three weeks ago, I started a series on the components of supplier management solutions. So far we’ve covered the platform capabilities (i.e., functionalities used across the other components/modules) and Supplier… The post Magnus Mondays — The Supplier Management Tech Series — Part 3: Supplier Performance Management appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

article thumbnail

Supply Chain Orchestration: A New Era in Supply Chain Management

When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.

article thumbnail

426: Discover the Truth About Digitalization in Container Shipping in 2024, with DCSA

Let's Talk Supply Chain

  Today I’m joined by Digital Container Shipping Association , otherwise known as DCSA. DCSA is a non-profit organization driving standardization and digital innovation in the container shipping sector. Founded by major ocean carriers, DCSA drives initiatives to make container transportation services transparent, reliable, easy to use, secure, and environmentally friendly.

article thumbnail

MSC, Zim agree to collaborate on transpacific lanes

Supply Chain Dive

The shipping lines’ deal to swap slots and share vessels will start in 2025 and last for three years.

article thumbnail

Germany's Largest Industrial Union Starts Negotiations on New Labor Deal

Supply Chain Brain

The union is pushing for a 7% wage increase over a 12-month period, as well as an additional €170 ($188) per month for new trainees.

article thumbnail

Would you invest your life savings into a venture in which there was an 80% chance you would lose all your money?

Procurement Insights

Here is a thought-provoking, in some ways mind-bending discussion regarding the following excerpt from a terrific post by Jason Busch – “Earlier this afternoon, Paylocity announced it was acquiring Airbase for $325MM (TechCrunch suggests the deal valued the company at closer to $400MM based on cash on the balance sheet).” You must read through the entire raw and unedited discussion stream because within its dialogue is the explanation regarding what will happen in 2025, e.g., t

article thumbnail

The Current and Future Use of Gen-AI in Supply Chains

AI isn’t the future. It’s here, now. 30% of businesses have invested in AI. Another 57% will do it in the next 12 months*. From demand forecasting to inventory optimization, risk mitigation to sustainability — AI is set to transform everything. But here’s the secret: success will only come from strong human-AI collaboration, reveals this new new Economist Impact report.