ProcurePort
OCTOBER 2, 2023
In today’s rapidly evolving business landscape, procurement professionals are constantly seeking ways to enhance efficiency, reduce costs, and make data-driven decisions. Technology has greatly improved spend analysis in recent years, with Artificial Intelligence leading the way. This article discusses the advantages of using AI for spend analysis in procurement.
Supply Chain Dive
OCTOBER 2, 2023
The improvements target challenging facility processes like unloading trailers, sorting small packages and moving irregularly sized shipments.
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Procurement Freelancers
OCTOBER 2, 2023
Procurement contract management is a critical part of the sourcing process. It entails supervising the… The post The Top Skills Every Freelance Procurement Contract Manager Should Have first appeared on Procurement Blog | Procurement & Supply Chain News.
Spend Matters
OCTOBER 2, 2023
This third part of our three-part Spend Matters Vendor Analysis 2023 update focuses on a deeper overview of each part of SAP Ariba’s offering for P2P, with a detailed look at each of its modules. We also cap off the series with an analyst summary. The first provides a history and overview of SAP Ariba’s P2P solution and a company-level SWOT analysis and profiles of competitors.
Advertiser: GEP
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.
Supply Chain Dive
OCTOBER 2, 2023
Companies are shifting from layoffs to attrition and hiring freezes to manage headcount, as companies note greater optimism for future growth in the industry.
Spend Matters
OCTOBER 2, 2023
This second part of our three-part Spend Matters Vendor Analysis 2023 update focuses on the strengths and weaknesses of SAP Ariba’s P2P solution. This content is for members only. Visit the site and log in/register to read. The post SAP Ariba: Vendor Analysis, 2023 Update (Part 2) — P2P solution strengths and weaknesses, tech selection tips appeared first on Spend Matters.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Spend Matters
OCTOBER 2, 2023
This first part of a three-part Vendor Analysis of SAP Ariba’s P2P offering provides a company background, a high-level overview of the P2P solution, a SWOT analysis and a list of the solution’s competitors. The second part focuses on the solutions strengths and weaknesses and offers selection tips. The third concludes the series with an in-depth look at the P2P solution and an analyst summary.
Supply Chain Dive
OCTOBER 2, 2023
Higher interest rates and tepid spending are dragging down the long-term forecast, speakers said at the Journal of Commerce Inland Distribution Conference.
IBM Supply Chain Blog
OCTOBER 2, 2023
The recent rise of generative artificial intelligence (AI) including large language models (LLMs) has inspired organizations in every industry to consider how AI can drive innovation. Leaders are increasingly recognizing the power of AI as well as its potential limitations and risks. It’s critical that leaders think carefully about how AI is created and applied and take a human-centric, principled approach to each use case.
Supply Chain Dive
OCTOBER 2, 2023
Sharing demand and capacity forecasts will help provide strong holiday delivery service, Supply Chain Dive panelists said.
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.
Procurement Insights
OCTOBER 2, 2023
About 20 years ago, I delivered a keynote to 300 executives from the Power Transmission Distributors Association (PTDA). Note that they represented the supplier side interests. The keynote was on the emergence of Reverse Auctions. Below is the actual video of the Q&A session at the end – about 30 minutes, but I think you will find it quite fascinating, especially given where we are today and in the context of recent comments.
Supply Chain Dive
OCTOBER 2, 2023
Conversations on pricing and discounts will help establish a reasonable cost basis for transportation, experts said during a Supply Chain Dive panel.
SCMR (Supply Chain Management Review)
OCTOBER 2, 2023
Medline executives Daniel Schwartz and Kate Slattery will kick off the NextGen Supply Chain Conference with an inside look at how the company is reinventing its healthcare supply chain.
Supply Chain Dive
OCTOBER 2, 2023
Preserving economic benefits of trade facilitation and improving national security require partnerships and technology.
Advertiser: GEP
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.
Barkers Procurement
OCTOBER 2, 2023
Why A Procurement Managed Service Can Transform Your Business Procurement is about more than just acquiring goods and services at the right time and at the best price for your business. You have to plan your procurement and align it with the overarching goals of the organisaton. You have to build and maintain fruitful working relationships with your suppliers.
Supply Chain Dive
OCTOBER 2, 2023
The year-over-year drop comes as retailers continue drawing down overstocked inventory, according to the seaport.
Skill Dynamics
OCTOBER 2, 2023
The technology ecosystem is continually evolving, with significant developments in areas such as AI driving rapid change in recent years. In this environment, making the decision to properly invest in training that is timely, specialized, and high-quality can make or break an organization’s ability to stay ahead of the curve in shifting industry landscapes.
Supply Chain Dive
OCTOBER 2, 2023
The environmental organization handed out 29 “F” scores to brands that draw most or all of their materials from forests.
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
Let's Talk Supply Chain
OCTOBER 2, 2023
 Today I’m joined by SecurSpace , a digital logistics marketplace that connects companies looking for parking and storage options to those with dedicated or excess capacity. Built to combat issues caused by the lack of adequate space in cities and near major highways and interstates, SecurSpace enables on demand access to a rapidly growing network of industrial facilities and businesses searching for parking and storage solutions.
Supply Chain Dive
OCTOBER 2, 2023
Despite lower annual container volumes during the month, the port saw total TEUs rise 12% when compared to 2019 levels.
Negotiations Ninja
OCTOBER 2, 2023
What is agency? Agency is the capacity of individuals to have power over their choices and what happens to them. Beth Fisher-Yoshida—professor and program Director of a Master of Science in Negotiation and Conflict Resolution at Columbia University—emphasizes that we create our situations. We create our relational dynamics and communication effectiveness.
Supply Chain Dive
OCTOBER 2, 2023
Everywhere we turn, we hear about AI. But how should you think about it in today’s supply chain software world? Where is it real and where is it hype?
Advertiser: GEP
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?
Supply Chain Brain
OCTOBER 2, 2023
The nation, which has curbed overseas sales of all grades of rice to control domestic food inflation, will reduce the minimum export price to $850 a ton from $1,200.
Supply Chain Dive
OCTOBER 2, 2023
Managing multiple 3PLs can be complex and time consuming. There are alternatives to consolidate and simplify 3PL outsourcing.
ContractSafe
OCTOBER 2, 2023
Discover how AI is changing contract review by increasing efficiency, accuracy, and speed. Learn its limitations and best practices to harness its full potential.
Supply Chain Brain
OCTOBER 2, 2023
Though UPS did not disclose the financial details of the deal, the acquisition is expected to be completed by the end of 2023.
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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.
Procurement Insights
OCTOBER 2, 2023
EDITOR’S NOTE: Thanks to James Meads , whose post on LinkedIn inspired my comments below. You have probably seen this from me before, but it is worth a revisit here. In 1998, I developed one of the industry’s first algorithm-driven web-based RA solutions with the generous support of the government’s Scientific Research & Experimental Development Program (SR&ED) for the DND.
Supply Chain Brain
OCTOBER 2, 2023
As technology continues to reshape industries, the role of artificial intelligence in blue-collar recruiting is a question on everyone’s minds.
CPO Rising
OCTOBER 2, 2023
Today, we feature our ongoing coverage of this year’s 18th-annual CPO-themed report, where my team and I continue our nearly two-decade-long dialogue with chief procurement officers (CPOs) and other procurement leaders.
Supply Chain Brain
OCTOBER 2, 2023
The new service connects the capital Jakarta to Bandung, a top economic hub, and is designed to ease the country's severe traffic jams.
Advertiser: GEP
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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