Procurement Leaders

FEBRUARY 6, 2024

It can be draining just reading about the chaos brought about by global risks that continue to hit the headlines; from Houthi Rebel strikes in the Red Sea to ongoing speculation about Chinese intentions towards Taiwan, to the potential fallout from “the year of elections”. That said, being on the sharp end of having to respond to some of these events is a different matter entirely, and it’s a situation that many in the Procurement Leaders community find themselves in constantly.

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Supply Chain Efficiency Risk Suppliers Contract 130

Supply Chain Dive

FEBRUARY 6, 2024

Amazon making more deliveries in house, shifts to other carriers and buy online, pick up in store initiatives contributed to the company's Q4 volume decline.

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Supply Chain Brain

FEBRUARY 6, 2024

One challenge stalling manufacturers' ability to cut carbon emissions is a lack of data, with supplier information notoriously hard to obtain. Solving this problem is a top priority.

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IBM Supply Chain Blog

FEBRUARY 6, 2024

Today’s enterprises face a broad range of threats to their security, assets and critical business processes. Whether preparing to face a complex cyberattack or natural disaster, taking a proactive approach and selecting the right business continuity disaster recovery (BCDR) solution is critical to increasing adaptability and resilience. Cybersecurity and cyber recovery are types of disaster recovery (DR) practices that focus on attempts to steal, expose, alter, disable or destroy critical

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Data Strategy Risk Networking 95

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

Supply Chain Brain

FEBRUARY 6, 2024

While the overall picture is mixed, some Chinese-linked vessels have to pay as little as 0.35% of their hull and machinery value to obtain insurance for transit.

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Supply Chain Dive

FEBRUARY 6, 2024

The retailer has partnered with software company Shelf Engine to boost ordering, efficiency and in-stock levels of fresh foods.

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Spend Matters

FEBRUARY 6, 2024

Procurement solution providers are engaged in a race to implement GenAI in their solutions. It is in part due to the global interest in GenAI that was triggered by the launch of ChatGPT in November 2022 and in part due to the opportunity to easily enable their applications with (Gen)AI as integration with third-party GenAI tools (like ChatGPT) reduces the barrier to entry to the world of AI-enabled solutions.

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Procurement Procurement solutions Vendor management Contract 85

Supply Chain Brain

FEBRUARY 6, 2024

The healthcare industry's digital transformation will have a profound impact on the supply chain in 2024. Adoption of modern technologies will lead to increased automation and efficiency.

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Supply Chain Efficiency Supply chain Collaboration Supply 84

SCMDOJO

FEBRUARY 6, 2024

The fast-evolving business trends and technologies bring new challenges to every organization. One of these issues is making sure that the amount of products they have matches what they’re supposed to have, also known as stock discrepancy. To mitigate the issues of the end-to-end supply chain and cope with customer expectations, organizations are constantly focusing on reducing the delivery lead time.

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Inventory Supply Chain Efficiency e2e supply chain software solutions 83

Una

FEBRUARY 6, 2024

EPISODE 151 What You Don’t Know About Shipping Can Hurt You with Nick DiNatale By Kelly Barner | February 7, 2024 What could possibly be even more complicated than tax accounting? Managing your detailed shipping costs – and the carrier logic that drives them. Details change every year, and the high level information released to the media rarely reflects the nuanced information that appears on shipping invoices.

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Sourcing Supply chain Management Supply 81

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.

Sustainability

Supply Chain Dive

FEBRUARY 6, 2024

Despite the decline in global rates, air freight volumes rose 10% year over year due to shipper concerns.

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SCMR (Supply Chain Management Review)

FEBRUARY 6, 2024

Artificial intelligence, augmented reality and machine learning are driving value from the business office to the warehouse.

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Spend Matters

FEBRUARY 6, 2024

Incorporating AI into business processes can unlock unparalleled insights and efficiency; we know that from the numerous solution demos we’ve witnessed. Two main trends appear to be driving the development and use of GenAI among the vendor community. Firstly, they can’t afford not to; it’s the future. Secondly, the reality that GenAI (especially ChatGPT) is opening new possibilities for procurement operations.

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Procurement Procurement solutions Demand Risk 74

Supply Chain Dive

FEBRUARY 6, 2024

FreshRealm will acquire the assets and fulfill customer orders, while the meal kit company will handle front-end operations.

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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.

Procurement

IBM Supply Chain Blog

FEBRUARY 6, 2024

You’re a network administrator going about your normal business. Suddenly, you’re seeing a huge spike in inbound traffic to your website, your application or your web service. You immediately shift resources around to cope with the changing pattern, using automated traffic steering to shed load away from overburdened servers. After the immediate danger has passed, your boss asks: what just happened?

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Networking Data Sourcing Purchasing 69

SCMR (Supply Chain Management Review)

FEBRUARY 6, 2024

Throughout 2024, business leaders will confront a diverse and complex barrage of challenging events, testing the strength of their operational resilience programs to preserve business integrity. Managing an ongoing cycle of supply chain disruptions continues to be a priority for organizations around the globe; supplier viability, compliance, cybercrime, and increasing ESG regulations are among a few of the concerns.

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Supply chain Risk Supply Procurement 60

Skill Dynamics

FEBRUARY 6, 2024

Supplier relationship management is a business strategy utilized by organizations to strategically build relationships with their suppliers that are mutually beneficial. When implemented and managed correctly, it’s a strategy that can lead to large-scale operational improvements, cost optimization, and reduced risks across the supply chain. The entire concept of supplier relationship management aims to help organizations shift their mindset around dealing with vendors from a merely transactional

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Supplier relationship management Suppliers Supply Chain Efficiency Management 59

Arkestro

FEBRUARY 6, 2024

Resources / Blog / How Predictive Procurement Orchestration Helps Unlock Savings in 60 Days How Predictive Procurement Orchestration Helps Unlock Savings in 60 Days What if you could implement a procurement platform that was so easy to use, your team could be up and running after just one hour of training? What if, by applying predictive procurement orchestration, you could completely shift procurement’s role in your organization from one of necessary spend to one of strategic cost savings?

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Competitive bidding Procurement Real-time Visibility Supply Chain Efficiency 52

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

Logistics

SupplyShift

FEBRUARY 6, 2024

STANDARD ASSESSMENT Product Carbon Footprint Assessment Navigating the complexities of Scope 3 reporting? Transition from rudimentary spend-based emissions factors to value-driven strategies for actionable change using the Product Carbon Footprint Assessment– designed to engage your suppliers for product-level carbon footprint insights. Redefining Supplier Engagement on Scope 3 SupplyShift unveils the Product Carbon Footprint Assessment.

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Supply Chain Efficiency Quality Suppliers Data 52

Procurement Software

FEBRUARY 6, 2024

Nordic Europe has a long tradition for being innovative, and Nordic procurement startups are no exception. From Ikea to Nokia to Lego, some world-beating companies have come from this cool, pragmatic region of thoughtful, visionary businesses. We’ve got the definitive lowdown on 10 procuretechs from Europe’s chilly northern reaches, who are heating up the digital procurement ecosystem.

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Procurement supply chain software solutions Supply Chain Efficiency Negotiation 52

Art of Procurement

FEBRUARY 6, 2024

In this episode of AOP Introducing, Helen Mackenzie speaks with Richard Brown, Head of Sales and Marketing at Anvil Analytical, The post AOP Introducing… Anvil Analytical appeared first on Art of Procurement.

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SCMR (Supply Chain Management Review)

FEBRUARY 6, 2024

In this episode, learn from a panel of industry experts on top red flags to watch out for, how to take corrective action, and when it's time to pivot.

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Supply chain Supply 56

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 Efficiency

Supply Chain Brain

FEBRUARY 6, 2024

The New York Federal Reserve Bank’s Global Supply Chain Pressure Index rose from -0.15 in December 2023 to -0.11 in January 2024.

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Supply chain Supply 59

Procurement Insights

FEBRUARY 6, 2024

What is the best way for procurement to communicate its value proposition to stakeholders?

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Supply Chain Brain

FEBRUARY 6, 2024

The partnership brings to the Global Supply Chain Management Summit Manifest’s unmatched expertise in the inner workings of supply chain management

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Supply chain Supply chain management Supply chain management Supply 52

IBM Supply Chain Blog

FEBRUARY 6, 2024

One of the more complex challenges banks must solve is to make payments more efficient. Recent news headlines show significant shifts from physical identification and physical forms of payments to digital forms in many jurisdictions. Europe recently announced a mandate that real-time payments be available from any provider who currently offers batch euro payments (such as SEPA credit transfers) at a price of no more than the cost of batch transfers.

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Advertisement

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.

Supply Chain Efficiency

Supply Chain Brain

FEBRUARY 6, 2024

The partnership brings Manifest’s unmatched expertise in the inner workings of supply chain management to Global Supply Chain Marketing Summit.

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Supply chain Supply chain management Supply chain management Supply 52

Skill Dynamics

FEBRUARY 6, 2024

Environmental, social, and governance (ESG) considerations have become a vital component for modern businesses, with increasing scrutiny on companies to achieve goals related to sustainability and ethical business practices. Your organization’s supply chain can be the bedrock of a robust ESG strategy that will drive positive change and contribute to long-term sustainability.

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Supply Chain Efficiency Supply Chain Optimization Sustainability Supply chain 59

Supply Chain Brain

FEBRUARY 6, 2024

Protecting farmers’ incomes has been a major demand of the farmers’ protests that have popped up all across the EU in recent weeks.

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IBM Supply Chain Blog

FEBRUARY 6, 2024

It’s hard to imagine a business world without cloud computing. There would be no e-commerce, remote work capabilities or the IT infrastructure framework needed to support emerging technologies like generative AI and quantum computing. Determining the best cloud computing architecture for enterprise business is critical for overall success. That’s why it is essential to compare the different functionalities of private cloud versus public cloud versus hybrid cloud.

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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.

Sourcing