Sun.Aug 27, 2023

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What is Supplier Management Software

ProcurePort

In today’s hyper-connected business landscape, managing suppliers effectively has never been more crucial. With increased globalization and businesses relying on a vast network of suppliers for their products and services, the efficiency of supplier relationships can make or break a company’s success. This is where Supplier Management Software (SMS) comes into play.

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Time to Put the Optimization into Inventory Optimization

Supply Chain Brain

Do not lose sight of the fact that inventory optimization is almost certainly a major untapped opportunity for your organization.

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Navigating the Challenges of Freelance Buyers: Tips and Tricks

Procurement Freelancers

With the work environment transforming, a growing proportion of people are considering freelancing as a… The post Navigating the Challenges of Freelance Buyers: Tips and Tricks first appeared on Procurement Blog | Procurement & Supply Chain News.

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Applying AI to Logistics: For Now, It’s Mostly Just Talk

Supply Chain Brain

When it comes to applying artificial intelligence to logistics and the supply chain, the headlines might be slightly ahead of real-world use.

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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.

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Big Oil Investing in Carbon Management

Procurement Bulletin

Chipmaker, Arm files for IPO Arm, the British chipmaker owned by Japan’s Softbank, saw Nvidia hit $13.5 billion in revenue in the most recent quarterly earnings report and though, “Hey, I want some of that too!” As the British chipmaker pivots to an AI-led strategy, they have filed for an IPO in New York instead of the UK. Big Oil Investing in Carbon Management As the world begins to move to electric for vehicles and transportation and the focus shifts to cleaner energy sources

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Fossil Fuels Subsidized at a Rate of $13M Per Minute in 2022

Supply Chain Brain

The IMF found ending fossil fuel subsidies could cut global emissions outputs by 34% by 2030 when compared to levels seen in 2019.

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United Auto Workers Clear Path to Strike if Talks Fail

Supply Chain Brain

The standoff threatens to shut down a major section of the U.S. economy for the second time in five years.

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Buyer – Supplier Negotiations – The Old Way?

Procurement Insights

@momalicious5 #kids #store #tantrum #embarrassing You think you’re going to embarrass me You will be mistaken ♬ original sound – Momalicious5 30

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Watch: Customers Want to Know Where Your Trucks Are

Supply Chain Brain

Tracking capability is among the requisite technologies in logistics, given that customer satisfaction is key to success today, says Andrew Barrons, chief revenue officer at Clockwork Logistics Systems.

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China Remains Embedded in U.S. Supply Chains: Jackson Hole Paper

Supply Chain Brain

U.S. government policies including tariffs were aimed at decoupling the American and Chinese economies. But Chinese firms appear to be finding ways to mitigate the impact.

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri