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CPO Crunch: The world’s best procurement gathering

Procurement Leaders

Over the course of the coming week, large swathes of the global procurement community will congregate in London to collaborate, challenge, celebrate and learn at the World Procurement Congress. It’s a hugely energising experience – an opportunity to inhale knowledge, grow networks, and challenge our current beliefs, approaches and trajectories. This year’s agenda is world-class in every sense, featuring a diverse group of speakers – from a who’s who of the global CPO community to four-time Olymp

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Energy Conservation and Environmental Regulations in Warehousing

All Things Supply Chain

Warehousing is an essential part of modern supply chain management, serving as a pivotal hub for storage, sorting and distributing goods.

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Why Cybercriminals Target The Freight Industry

All Things Supply Chain

The transport of goods across the sea and across countries requires an intricate network of data to effectively get items delivered by their due date.

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CPO Crunch: Follow the money

Procurement Leaders

“So, you’ve mapped Tier-2. Now what?” This was the deliberately optimistic title of a very recent CPO community call that explored just how far into the supply chain our members have visibility. As we know, having knowledge of who our suppliers are is one thing, but it’s quite another to have a good understanding of who our suppliers’ suppliers are – not to mention those even further beyond.

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7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.

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The Vital Role of Integration in Spend Management Solutions

ProcurePort

Integration serves as the cornerstone of effective spend management solutions, facilitating seamless connectivity across disparate systems and data sources. By enabling enhanced visibility and automation, integration empowers organizations to optimize spending, strengthen compliance, and drive strategic decision-making. The Role of Integration in Spend Management In today’s dynamic business landscape, organizations face increasing pressure to optimize […] The post The Vital Role of I

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U.S. Container Import Volumes Rise in Rebound After China's Lunar New Year

Supply Chain Brain

Descartes estimates that China was responsible for roughly 34% of U.S. container imports in April, primarily driven by "consumer-oriented" goods.

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FPGA vs. GPU: Which is better for deep learning?

IBM Supply Chain Blog

Underpinning most artificial intelligence (AI) deep learning is a subset of machine learning that uses multi-layered neural networks to simulate the complex decision-making power of the human brain. Beyond artificial intelligence (AI) , deep learning drives many applications that improve automation , including everyday products and services like digital assistants, voice-enabled consumer electronics, credit card fraud detection and more.

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Introducing the Craft Supplier Risk Management Platform

Supply Chain Brain

Craft is launching a user-friendly, configurable supplier risk management (SRM) platform designed for team collaboration and proactive risk mitigation.

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How CH Robinson is using AI to automate logistics management tasks

Supply Chain Dive

The broker hopes speeding up responses to emailed quote and appointment requests will improve productivity.

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Procurement 6 – May 10th, 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 – May 10th, 2024 appeared first on Art of Procurement.

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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

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Analyst Eye on unleashing procurement’s strategic impact and driving working capital optimization

Spend Matters

Working capital optimization is not merely a financial strategy; it is the lifeline of business operations. It encompasses the management of short-term assets and liabilities to ensure liquidity, meet financial obligations and support growth initiatives. Typically, people may assume this area of activity belongs purely to Finance. However, S2P solutions, such as GEP, SAP Ariba, Ivalua and others, have been increasingly investing in building capabilities that directly or indirectly support worki

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IBM Mainframe Skills Council brings the global community together to grow mainframe talent

IBM Supply Chain Blog

The global economy runs on transactions, and 70% of transactions by value run through an IBM Z® mainframe. Many of the world’s largest enterprises rely on IBM Z to support their core business, and by a process of continued innovation, IBM Z brings industry-first technologies to our clients with each new generation. Modern mainframe skills are critical as businesses implement AI, modernize their applications, integrate across the enterprise and continue digital transformation.

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The Trends That Are Driving a Surge in Manufacturing M&A Deals

Supply Chain Brain

With inflation and interest rates easing, manufacturing investment is on the rise. Several large manufacturers have said they plan to increase capital investments and merger and acquisition deal-making in 2024.

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Walmart taps Swisslog to automate 3 milk facilities

Supply Chain Dive

The technology platform consists of cranes, palletizing and de-palletizing robots, a pallet conveyor system, a small-load conveyor system and software to operate it all.

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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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The Surging Problem of AI Energy Consumption

Art of Procurement

When I prepare each episode of Art of Supply, I intentionally dig deep. Usually, along the way, I find a. The post The Surging Problem of AI Energy Consumption appeared first on Art of Procurement.

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Docusign to acquire Lexion: M&A rapid analysis

Spend Matters

Earlier this week, Docusign announced its agreement to acquire Lexion, a contract analytics specialist, for $165 million. The acquisition will factor into Docusign’s Intelligent Agreement Management (IAM) platform, which is the company’s attempt to create a new SaaS category. We first wrote about this development last month and will continue to explore it this year.

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Unlocking business value: Maximizing returns from your SAP investments

IBM Supply Chain Blog

Amid the dynamic realms of modern business and technology, organizations seek to maintain a competitive edge and elevate business outcomes and user experiences through their SAP investments. The crux of this endeavor lies in fostering continuous value creation throughout the journey. Drawing from my experience with clients across expansive, multi-year SAP engagements, there are three areas where collaborative value creation and charting future roadmaps intertwine seamlessly. 1.

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The Cosmic Significance of S&OE in Global Supply Chains

Supply Chain Brain

Sales and operations execution (S&OE) plays a pivotal role in ensuring the smooth flow of products from manufacturing to the end consumer.

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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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Snickers owner Mars commits $47M to slash dairy emissions

Supply Chain Dive

The CPG giant plans to open three "net zero" farms as it looks to halve its carbon footprint by 2030.

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Analyst Map Inductee: The Four Cornerstones Of Learning In The Digital AI Era

Procurement Insights

EDITOR’S NOTE: I am now starting to build my Analyst Solution Map of ten solution providers who I not only see as leaders in their specific area of service but will, through the use of an agent-based model , ensure successful implementations and promised practitioner outcomes. In short, my creditability as an analyst will be and is linked to your success.

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Episode 164: Aligning Procurement and Legal Operations with Lisa Haitz

Una

EPISODE 164 Aligning Procurement and Legal Operations with Lisa Haitz By Kelly Barner | May 8, 2024 Procurement’s relationship with legal is one of the most important they have. Whether it is allowing procurement to meet (or exceed) their objectives or protecting the company from risk, they need to be “joined at the hip” as we learn from this week’s guest.

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Simplifying IAM through orchestration

IBM Supply Chain Blog

The recent validated what many of us in the industry already knew: Identity has become the leading attack vector. The 2024 report showed a 71% increase in valid identities used in cyberattacks year-over-year. What really puts it into perspective is the realization that you are just as likely to have your valid identity used in a cyberattack as you are to see a phishing attack in your organization.

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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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How to Build and Execute an Effective Supplier Risk Management Strategy

Supply Chain Brain

Managing a global supply chain has never been more challenging, with complex, ever-evolving regulations, increasingly frequent extreme weather events, volatile geopolitical crises, and sophisticated cybercrime.

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Mattel to shutter supplier plant in China this year

Supply Chain Dive

Barbie’s parent company is looking to diversify its production footprint in a bid to optimize costs and fulfillment operations.

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Beloved Sriracha Brand Suffers More Supply Shocks

Procurement Bulletin

Beloved sriracha brand suffers more supply shocks The beloved sriracha brand, Huy Fong Foods, has experienced supply problems over the last few years with supply of their chilli peppers. Now, the spicy sauce company has announced it is halting production due to a poor harvest of their red chilli peppers, stating the harvest is too green. They now, need to wait until the next harvest season to resume production.

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Dear Supplier… The Art of Giving RFP Response Feedback

Art of Procurement

“There is one thing you can do that really creates a positive ROI for an RFP respondent even if they. The post Dear Supplier… The Art of Giving RFP Response Feedback appeared first on Art of Procurement.

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

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Empowering security excellence: The dynamic partnership between FreeDivision and IBM

IBM Supply Chain Blog

In the ever-evolving landscape of cybersecurity, businesses are constantly seeking robust solutions to fortify their defenses and navigate the complex challenges posed by cyberthreats. FreeDivision, an IBM Business Partner, stands out in the field by understanding the local needs of its clients. Operating as a security service partner, FreeDivision leverages IBM’s endpoint detection and response (EDR) solution, IBM Security® QRadar® EDR, as part of its solution, freedivision.io,

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Dept. of Energy Invests $100M in Retooling Auto Manufacturing for EV Parts

Supply Chain Brain

The funds include $50 million for small- and medium-sized companies to retool existing facilities into making parts for the EV supply chain.

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FedEx Express flags US delivery delays after severe weather

Supply Chain Dive

Disruptions are possible for shipments with a May 9 commitment after "hazardous operating conditions" challenged a key hub in Tennessee.

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How Autonomous Vehicles Will Transform Last-Mile Delivery

The Network Effect

The post How Autonomous Vehicles Will Transform Last-Mile Delivery appeared first on The Network Effect.

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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