Procurement Leaders

SEPTEMBER 16, 2024

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

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Budget Strategic planning Leadership Negotiation 130

All Things Supply Chain

SEPTEMBER 16, 2024

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

Supply chain 130

Supply chain Data Supply Supply chain management 130

Art of Procurement

SEPTEMBER 12, 2024

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.

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Supply chain Supply Purchasing Procurement 124

Supply Chain Dive

SEPTEMBER 11, 2024

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

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Advertiser: GEP

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.

Procurement

Supply Chain Brain

SEPTEMBER 14, 2024

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.

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Management 88

Procurement Insights

SEPTEMBER 14, 2024

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.

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Management Procurement 75

Art of Procurement

SEPTEMBER 15, 2024

“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.

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Procurement Data 52

Supply Chain Dive

SEPTEMBER 12, 2024

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.

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Supply Chain Brain

SEPTEMBER 12, 2024

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.

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Innovation 97

Procurement Insights

SEPTEMBER 15, 2024

“ 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

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Procurement solutions Procurement Sourcing 52

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

Innovation

CPO Rising

SEPTEMBER 13, 2024

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.

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Strategic sourcing Strategic sourcing Chief Procurement Officer Sourcing 52

Art of Procurement

SEPTEMBER 13, 2024

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.

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Procurement 52

Supply Chain Dive

SEPTEMBER 10, 2024

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

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Networking 109

Supply Chain Brain

SEPTEMBER 12, 2024

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.

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Real-time Visibility

Procurement Insights

SEPTEMBER 14, 2024

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.

Supply Chain Optimization 52

Supply Chain Optimization Buyers Procurement Negotiation 52

Spend Matters

SEPTEMBER 16, 2024

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.

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Contract Management Buyers Collaboration 58

Jaggaer

SEPTEMBER 12, 2024

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

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply chain management 52

Supply Chain Dive

SEPTEMBER 10, 2024

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

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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

Sustainability

Supply Chain Brain

SEPTEMBER 12, 2024

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.

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Risk Supply chain Supply 89

Procurement Insights

SEPTEMBER 12, 2024

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.

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Procurement Sourcing 52

CPO Rising

SEPTEMBER 11, 2024

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.

Chief Procurement Officer 52

Chief Procurement Officer Procurement Supply management Management 52

HICX

SEPTEMBER 16, 2024

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.

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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

Logistics

Supply Chain Dive

SEPTEMBER 9, 2024

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

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Negotiation Demand 112

Supply Chain Brain

SEPTEMBER 11, 2024

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

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Procurement Insights

SEPTEMBER 11, 2024

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.

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Ethics Procurement Influencing Data 52

CPO Rising

SEPTEMBER 16, 2024

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.

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Chief Procurement Officer Suppliers Management Supply management 52

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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.

Supply Chain Efficiency

Let's Talk Supply Chain

SEPTEMBER 16, 2024

  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.

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Supply Chain Efficiency supply chain budgeting Collaboration Supply Chain Optimization 52

Supply Chain Dive

SEPTEMBER 11, 2024

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

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Collaboration 111

Supply Chain Brain

SEPTEMBER 12, 2024

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.

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Negotiation 95

Procurement Insights

SEPTEMBER 11, 2024

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

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Influencing Procurement team Agile and Lean Supply Chain Procurement 52

Advertiser: GEP

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.

Supply Chain Optimization