Trending Articles

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Beyond Visibility: Social Media’s Role in Reinventing Supply Chain Engagement

All Things Supply Chain

Ever peeked behind the curtain to see how your favorite products come to life? Social media’s doing exactly that, pulling back the veil on manufacturing like never before.

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CPO Crunch: Think intelligently about artificial intelligence

Procurement Leaders

Question: What’s driving your thinking when it comes to the rollout of artificial intelligence in procurement? Is it the efficiencies that might be gained from harnessing the technology? How about the insights that might be available? Or is it more fundamental, such as the potential new business models that might become possible? Or – whisper it quietly – the risks you face from not thinking about it at all?

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Happy Easter

Procurement Templates

Happy Easter. It’s a time for reflection and the resurrection of Jesus. Spend the time reiving your tired body and enjoy time with loved ones. My Valentines Satire post was rather popular so here is the Easter one! Procurement Parody: An Easter Reflection In the solemn glow of Easter, as we celebrate renewal and rebirth, let us turn our attention to a ritual as ancient and mystifying as the resurrection itself: procurement.

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Essential Negotiation Skills for Procurement Professionals

ProcurePort

Negotiation is at the heart of procurement. Whether you’re securing the best prices, managing supplier contracts, or resolving disputes, the ability to negotiate effectively is crucial for procurement professionals. In business today, being good at negotiation is more than just getting a good deal. It’s also about creating lasting relationships, reducing risks, and creating value […] The post Essential Negotiation Skills for Procurement Professionals appeared first on ProcurePo

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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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UPS plans to close around 200 US facilities, shift volume to automated hubs

Supply Chain Dive

The company is consolidating locations as part of its "Network of the Future" initiative, which aims to reduce its labor needs and save $3 billion by 2028.

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The Red Sea Dilemma for Shippers: Extended Transit, Rising Costs and Increased CO2 Emissions

All Things Supply Chain

Amidst escalating attacks and a seemingly unending crisis, the Red Sea predicament is poised to disrupt trade volumes significantly and pose formidable challenges to shippers’ operational strategies at least in…

Strategy 131

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Treasure Hunting with TJX

Art of Procurement

The last few years have not been kind to retailers. Inventory misalignment has dragged down revenue and working capital. Companies. The post Treasure Hunting with TJX appeared first on Art of Procurement.

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AI and the practice of Procurement – Contracting and Legal

Spend Matters

Complementing our recent research into AI in procurement solution use cases and our wider theme around AI in general , Spend Matters has been undertaking a series of interviews with senior procurement practitioners to gauge the level of interest in, and infiltration of, AI and generative AI (GenAI) in the practical lives of the procurement organization today.

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How to Overcome the Supply Chain Decision Gap

Supply Chain Trend

As John Lennon said, “Live is what happens while you’re busy making other plans”. Every supply chain plan or schedule meets variations or disruptions that require corrective decisions and actions. However, a gap remains between data, plans, insights and taking action to solve short and long term issues and grasp opportunities. I called this the “Decision Gap” in a recent webinar.

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Vital Baltimore Bridge Collapses After Being Struck by Ship

Supply Chain Brain

The early morning disaster at the Francis Scott Key Bridge will cause huge disruption — both for shipping at one of the busiest ports on the U.S. East Coast and on the roads.

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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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Port of Baltimore halts vessel traffic after bridge collapse

Supply Chain Dive

While the port is still processing trucks, the loss of the Francis Scott Key Bridge will disrupt port operations for some time.

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6 Questions With … Tom Plotkin

SCMR (Supply Chain Management Review)

Adhering to ethical and responsible sourcing requirements and public pressure surrounding forced labor is putting new pressures on supply chains. Covington’s Tom Plotkin addresses these questions and more in this 6 Questions With … feature.

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Ahead of the curve: How generative AI is revolutionizing the content supply chain

IBM Supply Chain Blog

The global adoption of generative AI is upon us, and it’s essential for marketing organizations to understand and play in this space to stay competitive. With content demands expected to grow in the next few years, organizations need to create more content at a faster pace to meet customer expectations and business needs. Knowing how to manifest these improvements is not always clear: Enter generative AI and the content supply chain.

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Canopy: Vendor Analysis — SIM solution overview, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis gives an overview of Canopy, a supplier information management (SIM) solution that focuses on supplier data and due diligence. It is critical to ensure an organization knows the suppliers it works with, has all the required information on suppliers and that the information is up-to-date. Decisions about whether to work with a supplier can be simple or complex, depending on the screening and attention that supplier requires This data collection process and data

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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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How to Overcome Challenges to Creating Sustainable Supply Chains

Supply Chain Brain

For global supply chains striving to meet growing expectations of sustainability, transparency and traceability are essential capabilities.

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FedEx charges ahead with Network 2.0, rolling out to dozens more locations in 2024

Supply Chain Dive

The plan to integrate its separate Express and Ground delivery networks will help close a key gap with UPS, one executive said.

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Katie Date on Bringing Women in Supply Chain Together

Let's Talk Supply Chain

Q2 is just around the corner. 2024 has brought a fresh sense of urgency to the global supply chain amidst growing regional wars and tensions, and calls from climate scientists have kept sustainability initiatives a top priority. Rising sea levels and major American metropolitans slowly sinking have climate scientists on high alert and raising the alarm for government and commercial organizations.

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Mitigating the impact of climate change in insurance and other financial services  

IBM Supply Chain Blog

As the effects of climate change intensify, extreme weather events are becoming increasingly frequent and severe. The US experienced 25 extreme weather events in 2023, each causing losses of over USD 1 billion, with a total cost of USD 73.8 billion. These climate events have a huge potential impact on financial institutions. In 2021, large-scale floods affected the European countries of Austria, Germany, Belgium, the Netherlands and Luxembourg, causing USD 43 billion worth of damage in addition

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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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Lead Scoring: Definition, How To Score, and Lead Scoring Models

The Thomas Blog

Lead scoring is a strategy used to rank prospects according to their potential to become customers. It involves assigning numerical scores to each lead based on various attributes, including: demographic information, engagement with the brand's digital presence, and other behaviors indicative of their interest. This system helps sales and marketing teams prioritize leads, tailor their outreach strategies, and ultimately, improve conversion rates.

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Case study: Parcel Spend Transformation

Supply Chain Brain

Embark on a journey of savings as we unpack parcel spend operations with Reveel. Discover the nuanced strategies that propel our customers to achieve substantial savings in shipping operations.

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FedEx could be ‘weeks away’ from US Postal Service contract decision

Supply Chain Dive

The company is pursuing a new air transportation deal that would align with its ongoing network overhaul, Chief Commercial Officer Brie Carere said.

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6 Tips for Students to Develop a Career in the Supply Chain

SCMDOJO

The supply chain industry is vital to the global economy with its complex network of activities, people, organizations, information, and resources. As businesses continue to globalize and markets become increasingly interconnected, the demand for skilled supply chain professionals is rising. Understanding the pathway to success is crucial for students eyeing a career in this dynamic field.

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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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CPOs Pivot AI Focus from What’s Possible to Implementation

SCMR (Supply Chain Management Review)

More procurement leaders are trying to implement AI and automation into their operations, shifting gears from a what’s possible to a how-to-implement strategy.

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Celebrating the women of IBM AI Ethics

IBM Supply Chain Blog

For more than 100 years, IBM’s founding principles have inspired efforts to promote equality, fairness and inclusion in the workplace and society. The company has lived the value of “respect for the individual” by championing employment practices that reward ability over identity and that make work more attainable for all. In 1935, approximately twenty years after IBM was founded, it began hiring women into professional roles.

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Water Now a Major Risk for World’s Supply Chains, Says Non-Profit

Supply Chain Brain

CDP says its research indicates at least $77 billion is under threat due to water risk in supply chains, with almost $7 billion at immediate risk.

Risk 98
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Flexing for the planet: How Walmart crushed its supplier emissions target

Supply Chain Dive

The retail giant leaned on education, financing and recognition to get its supply chain on board with Project Gigaton, a sustainability executive with the company told Supply Chain Dive.

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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.

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Meet AI in AP Automation

Spend Matters

Artificial intelligence (AI) comes in many forms (for a complete history of AI in procurement see our recently published autogmentation series) and despite being a consistent ‘hot topic’ for well over a decade now, continues to grow and evolve each year in the procurement industry. In this series of articles we explore the current state of AI in procurement technology.

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Cut costs and emissions with lithium-ion forklifts

SCMR (Supply Chain Management Review)

Read the case study to unpack how the change to this electric power option can help operations limit costs, reduce emissions, improve work environments and boost labor utilization.

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Hyperscale vs. colocation: Go big or go rent?

IBM Supply Chain Blog

Here’s the situation: You’re the CIO or similarly empowered representative of an organization. Different voices within your business are calling attention to the awesome scalability and power of hyperscale computing, which you’ve also noticed with increasing interest. Now the word comes down from on high that you’ve been tasked with designing and implementing your company’s hyperscale computing solution—whatever that should be.

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Watch: The Long-Term Impact of the Red Sea Crisis on Retail Supply Chains

Supply Chain Brain

Sameer Anand, supply chain leader with EY-Parthenon Americas, discusses how retailers and brands are altering their sourcing strategies in response to the latest global supply chain disruption.

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Exploring the Advantages and Hurdles of Direct Store Deliveries

Direct Store Delivery, or DSD, is a common practice among global suppliers and retailers – like PepsiCo, Frito Lay, CVS, and Dollar General – and its popularity is growing, with the global DSD market expected to reach $1.19 trillion by 2027. Download this eBook for exclusive insights into direct store deliveries, challenges, benefits, and future trends.