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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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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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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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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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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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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.

Logistics 131
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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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DocJuris: Vendor Analysis — Contract analytics solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of DocJuris and its contract analytics solution. DocJuris is a contract markup specialist that uses AI to expedite the contract review process. As a markup-focused solution, DocJuris aims both to save time spent reviewing documents and to identify potential risks based on preconfigured, customer-specific settings.

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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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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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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 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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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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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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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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Automakers get more flexibility as US finalizes EV tax credit rules

Supply Chain Dive

Electric vehicle makers have been racing to shift their supply chains to qualify for the credit. The latest changes give them more time.

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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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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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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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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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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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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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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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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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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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Amazon FBA Refunds: Understanding the Fundamentals  

Finale Inventory

Get Your Amazon FBA Refunds Amazon FBA refunds can make the difference in turning a business operating at a loss into a profitable business. Getida, a company specializing in recovering Amazon FBA refunds, explains that an FBA business could lose anywhere from 1% to 3% in unclaimed Amazon FBA refunds. That quickly adds up to tens of thousands of dollars lost from annual revenue for million-dollar sellers.

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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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Four Reasons Data Builds a Circular Supply Chain

Supply Chain Brain

Navigating a linear supply chain is like driving down a one-way, dead-end street — movement is forced down a singular path and there’s only one place to go: the garbage.

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Union Pacific launches premium service between Southern California and Chicago

Supply Chain Dive

The railroad's new domestic intermodal route cuts transit times from five to three days.

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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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The AI Advantage: Unlocking New Value for Procurement Teams

World of Procurement blog

The Promise of AI for Procurement Teams Artificial intelligence (AI) has the potential to transform and revolutionize procurement processes. By leveraging technologies like machine learning, natural language processing, and neural networks, AI-driven solutions can help procurement teams work smarter, faster, and more efficiently. Some of the key capabilities and use cases for AI in procurement include: Automating repetitive and routine tasks : AI can take over low-value tasks like invoice proces

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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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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 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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As drug shortages reach record highs, regulators float next steps

Supply Chain Dive

With many chemo and ADHD drugs stuck in stubborn shortages, several agencies are looking for new solutions to boost supplies.

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Helping enterprises across regulated industries leverage hybrid cloud and AI

IBM Supply Chain Blog

At IBM Cloud, we are committed to helping enterprises across industries leverage hybrid cloud and AI technologies to help them drive innovation. For true transformation to begin, we believe it is key to understand the unique challenges organizations are facing—whether it is keeping data secured, addressing data sovereignty requirements or speeding time to market to satisfy consumers.

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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