Trending Articles

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CPO Crunch: Win friends and influence people

Procurement Leaders

One of the privileges of being in this role is the opportunity it offers to have regular conversations with CPOs about their visions for the function and the strategic journeys they are on. It’s inspiring and helps to inform many of our own strategic product decisions. It’s conversations like these, as well as the many other community interactions we have, which have informed the development of our long-term product theme, Horizon 2030: Glide Paths for Sustainable Growth.

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U.K. Brexit Import Checks Delayed, Causing Confusion

Supply Chain Brain

Under the rules, medium- and high-risk products, which include meat and dairy products, as well as most plants, could be subject to checks at the borders for biosecurity.

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Amazon leapfrogs UPS, and 4 other takeaways from a top shipping index

Supply Chain Dive

Market conditions are leading to shifts in U.S. volume share, with some upstarts gaining ground, according to new parcel delivery data from Pitney Bowes.

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Penny: Vendor Analysis — P2P solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of Penny and its P2P solution. Penny is a cloud-based procurement solution that covers the procurement journey from purchase requisition to sourcing to payments. Customers can pick and choose from an array of modules (Purchase Requisition, E-Sourcing, Orders, GRN, Bills, Payments). This Vendor Analysis explores Penny’s platform, application and supporting services.

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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

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.

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For the planet and people: IBM’s focus on AI ethics in sustainability

IBM Supply Chain Blog

AI can be a force for good, but it might also lead to environmental and sustainability concerns. IBM is dedicated to the responsible development and deployment of this technology, which can enable our clients to meet their sustainability goals. “AI is an unbelievable opportunity to address some of the world’s most pressing challenges in health care, manufacturing, climate change and more,” said Christina Shim, IBM’s global head of Sustainability Software and an AI Ethics

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Navigating Global Supply Chain Disruptions: Strategies for Resilience

SCMDOJO

As recent times have shown us, political matters across the world can have an impact on shipping routes, thus affecting the prices of goods all around the world. But what steps can you take to a more resilient supply chain during disruptions? This article will explore why disruptions happen, and how the industry deals with them as they come. If you’re ready to learn more about creating stronger supply chains, read below.

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The secret sauce for generative AI and sustainability: Data quality

Supply Chain Dive

Generative AI has tremendous potential to help create a more sustainable supply chain. But how can you use it with inaccurate, inconsistent data?

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Relish: Vendor Analysis — Application Development solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of Relish and its application development solution. Relish was founded by individuals with extensive consulting experience who recognized the gaps in IT solutions, especially when it comes to procurement. Relish aims to build lightweight apps that strategically augment enterprise solutions, optimizing investments in procurement solutions.

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AI this Earth Day: Top opportunities to advance sustainability initiatives

IBM Supply Chain Blog

This Earth Day, we are calling for action to conserve our scarcest resource: the planet. To drive real change, it’s crucial for individuals, industries, organizations and governments to work together, using data and technology to uncover new opportunities that will help advance sustainability initiatives across the globe. The world is behind on addressing climate change.

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Playing the “China Card” in U.S. Ports

Art of Procurement

When I think about global trade, I think about massive container ships, trains and trucks waiting to take containers to. The post Playing the “China Card” in U.S. Ports appeared first on Art of Procurement.

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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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Scope 3 Emissions Reporting: Under the Spotlight for All Businesses

Supply Chain Brain

Emissions reduction isn't only a business imperative — it's an environmental necessity. Scope 3 reporting motivates the business world to generate impactful change.

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US Postal Service head vows better performance amid scrutiny of network overhaul

Supply Chain Dive

Lawmakers pressed Louis DeJoy for answers as markets like Atlanta struggle to adjust in the thick of the agency's "Delivering for America" plan.

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What is on the Horizon for Supply Chain Management?

The Network Effect

The post What is on the Horizon for Supply Chain Management? appeared first on The Network Effect.

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The journey to a mature asset management system

IBM Supply Chain Blog

This blog series discusses the complex tasks energy utility companies face as they shift to holistic grid asset management to manage through the energy transition. Earlier posts in this series addressed the challenges of the energy transition with holistic grid asset management, the integrated asset management platform and data exchange, and merging traditional top-down and bottom-up planning processes.

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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

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Why we need a DraftKings for the procurement world

Procurement Insights

EDITOR’S NOTE: Today’s post is inspired by an energized discussion on LinkedIn prompted by a post by Michael Lamoureaux. Join in using the following link. Michael Lamoureux , you make excellent points. We are not even talking about the companies that are not on the radar screens but have been out there for 20 to 30 years and have a solid and loyal client base.

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Watch: Community, Cohort, Connection: What's Needed in Supply Chain Marketing

Supply Chain Brain

A preview of the second annual Global Supply Chain Marketing Summit, to be held June 5-7, 2024 at the Ritz-Carlton on Amelia Island, Florida, with original cohort member Lisa Beck, director of marketing and business development with Ortec.

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How Schneider National tapped into shipper needs post-Baltimore bridge collapse

Supply Chain Dive

Following a wave of freight rerouting requests, a quickly deployed email campaign gave the carrier’s drayage and other logistics services a boost.

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Unveiling the Intricacies of Warehousing in the Modern Economy

World of Procurement blog

In the ever-evolving landscape of business, the role of warehousing within the supply chain has grown to be more pivotal than ever. As a procurement professional, understanding the intricacies of warehousing is not just beneficial—it's essential. This article serves as a comprehensive exploration into the world of warehousing, highlighting the nuanced differences and operational strategies within traditional warehouses, distribution centers, and fulfillment centers.

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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.

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Getting ready for artificial general intelligence with examples

IBM Supply Chain Blog

Imagine a world where machines aren’t confined to pre-programmed tasks but operate with human-like autonomy and competence. A world where computer minds pilot self-driving cars, delve into complex scientific research, provide personalized customer service and even explore the unknown. This is the potential of artificial general intelligence (AGI), a hypothetical technology that may be poised to revolutionize nearly every aspect of human life and work.

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A visual illustration of vendor rationalization

Procurement Insights

You go to two different grocery stores – Store A and Store B. Which product do you buy? Store A Store B Beyond price, which one of the two provides the best value? Now, how would you respond if you were told that you could only buy from Store B because they are a preferred store? Vendor Irrationalization Before answering that question, read the following excerpt from an April 2009 paper, “Utilizing an Intelligent Filtering Platform to Enhance Contract Performance (A Procurement Insig

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How Procurement Innovation Creates Value in Financial Services

Supply Chain Brain

Once regarded as a back-office process, procurement is finally getting the respect it deserves, recognized for its contribution to the organization's long-term, strategic agenda.

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Companies should increase emphasis on upskilling for AI, report says

Supply Chain Dive

Businesses currently have an unbalanced approach, with many planning to lean on new talent to handle AI adoption, according to The Adecco Group.

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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Procurement AI Trends for 2024: Revolutionizing the Future of Supply Chain Management

World of Procurement blog

I. Introduction In an age where digital transformation decides who leads and who lags, Artificial Intelligence (AI) stands as the vanguard in redefining procurement. Imagine a world where supply chains are not just efficient, but prescient—anticipating needs, risks, and market shifts with uncanny precision. As we stand on the brink of 2024, this is not just a possibility; it's fast becoming the norm in procurement.

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Deployable architecture on IBM Cloud: Simplifying system deployment

IBM Supply Chain Blog

Deployable architecture (DA) refers to a specific design pattern or approach that allows an application or system to be easily deployed and managed across various environments. A deployable architecture involves components, modules and dependencies in a way that allows for seamless deployment and makes it easy for developers and operations teams to quickly deploy new features and updates to the system, without requiring extensive manual intervention.

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How Machine Learning is Transforming Supply Chain Management

Una

How Machine Learning is Transforming Supply Chain Management Machine learning applied to supply chain management allows businesses to enhance decision-making and streamline operations. By Hugo Britt | April 23, 2024 Search Search Welcome to a future where the supply chain landscape is divided, not just by the products and services they deliver, but by the int elligence that drives their operations.

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Watch: Inventory Planning in an Unknown World

Supply Chain Brain

Growing uncertainties in global supply chains necessitate a fresh approach to inventory strategy, says Warren Owen, vice president solutions consultants with Netstock.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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Ground parcel delivery costs projected to climb in Q2

Supply Chain Dive

The rate per package is expected to jump as FedEx and UPS become less amenable to discounts, according to the TD Cowen/AFS Freight Index.

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The Pivotal Role of Technology in Modern Procurement

World of Procurement blog

In today's fast-paced business environment, procurement plays a crucial role in determining a company's efficiency, cost-effectiveness, and competitive edge. A significant driver of this evolution has been the integration of advanced technologies into procurement processes. From automated systems to data analytics, technology is reshaping procurement, making it more strategic, efficient, and adaptable to changing market demands.

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6 Contract Management Best Practices for In-House Counsel in 2024

ContractSafe

When it comes to contracts, in-house counsel has seen it all, from the "simple" contracts that turn into epic novels to the urgent deals that needed to be signed yesterday.

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When it comes to BI and AI, A should always follow B!

Procurement Insights

Earlier today, I attended a LinkedIn Event hosted by Evalueserve. I came across it by accident, but I am glad that I did. Titled “Revolutionize Your BI: Digital Transformation Stories from the Real World,” the panel included Whirlpool’s Gowri Namboodiri , Caterpillar ‘s Ben Newman, and Coyote Logistics ‘ Director, Supply Chain Engineering & Analytics Jay Zaleski.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.