SCMR (Supply Chain Management Review)
MAY 5, 2023
Constant challenges to norms stimulate innovation, the latest developments show that major logistics companies accept that and are investing. The combination of artificial intelligence, machine learning and timely data can give us a window into the future.
All Things Supply Chain
MAY 5, 2023
Apple sales fall but iPhone demand persists Apple sales have continued to fall, as the economy slows and buyers, squeezed by rising prices, put off purchases of computers and iPads.
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ProcurePort
MAY 5, 2023
What is Reverse Auction Software? Reverse auction software is a digital platform that enables buyers to solicit bids from multiple suppliers in real-time. Unlike traditional auctions, reverse auctions involve suppliers competing against each other. The lowest bidder wins in this auction, not the highest. They must offer the lowest price for the product or service. […] The post How Much Cost Savings Can I Achieve Using Reverse Auction Software?
Supply Chain Trend
MAY 5, 2023
We’ve entered an AI era where 76% of work can be augmented or automated. However, only 3% of companies apply automated execution and 7% autonomous end to end planning. 2% of managers apply best practice decision methods. Hardly a recipe for improving planning & decision making. Imagine the opportunity if we closed this massive planning, decision & execution gap with a new planning paradigm.
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
MAY 5, 2023
Employees will work alongside “thousands of robotic systems” to process smaller shipments such as book and toys, according to a spokesperson.
ContractSafe
MAY 5, 2023
We’re headed to Vegas! We’re excited to attend #CLOC2023 this year! It’s our first time attending, but we’re ready to make a splash. Stop by Booth #248 to put ContractSafe to the test. To show you just how quick and easy ContractSafe is, we made it a race. Go head-to-head with your colleagues; the first to complete the Contract Management tasks in our demo account wins!
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
The Network Effect
MAY 5, 2023
The post My top insights from the Automotive Logistics and Supply Chain conference appeared first on The Network Effect.
Supply Chain Dive
MAY 5, 2023
Members of the House Select Committee on the Chinese Communist Party want details on materials sourcing and compliance with the Uyghur Forced Labor Prevention Act.
Art of Procurement
MAY 5, 2023
While a number of companies are tackling the complexities of the ’indirect’ tail, the same cannot be said for direct. The post AOP Introducing… CADDi appeared first on Art of Procurement.
SpendHQ
MAY 5, 2023
For procurement teams, what’s better than gaining accurate and actionable spend intelligence in real-time? Using that intelligence to drive and demonstrate value to stakeholders. With SpendHQ, now you can do both – without toggling between service providers or platforms or wrangling your data from one system to another. The post SpendHQ Adds Procurement Performance Management to SaaS-based Spend Intelligence Platform appeared first on SpendHQ.
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.
Sourcing Solved
MAY 5, 2023
We live and work in a busy world in which there is little time to read, watch or listen beyond the headlines. Hello, my name is Iain Campbell-McKenna, and this is “Procurement in 5-minutes.” That’s right, in 5-minutes (or more), I promise to tackle some of the biggest challenges and deepest questions our profession and industry face on a day-to-day basis.
Empowering CPO
MAY 5, 2023
Introduction A. The Importance of Digital Transformation in the Modern Business Landscape In today’s rapidly evolving and competitive global market, businesses must continuously adapt and innovate to stay ahead of the curve. One of the most significant drivers of this change is digital transformation. Embracing digital technologies has become a necessity for companies to streamline operations, improve customer experiences, and increase overall efficiency.
Supply Chain Brain
MAY 5, 2023
Only 167 major new construction projects were planned for the North American distribution and supply chain sector in April 2023, a 19% drop compared to March 2023.
CPO Rising
MAY 5, 2023
Fridays (in 2023) means that it’s time for another CPO Rising Listicle. Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help procurement teams improve operations. We’ll also include a summary graphic for you to share with your team.
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.
Pipefy
MAY 5, 2023
Key takeaways When an invoice is received, the accounts payable team is responsible for reviewing and reconciling the invoice so payment can be posted. Manual invoice approval workflows are inefficient and time-consuming, they lack control and transparency for teams, and are expensive and error-prone. High invoice processing costs are among the top challenges affecting AP teams.
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