What is ABC Classification? How to Calculate ABC Classification
SCMDOJO
SEPTEMBER 12, 2023
Unlock efficient inventory management with ABC classification. Learn the steps, benefits, and use SCMDOJO's tool for quick analysis.
SCMDOJO
SEPTEMBER 12, 2023
Unlock efficient inventory management with ABC classification. Learn the steps, benefits, and use SCMDOJO's tool for quick analysis.
Procurement Heads
SEPTEMBER 12, 2023
For Procurement Heads’ latest Big Interview, Laura spoke with Gemma Burman about her career in procurement and what challenges she and other procurement leaders currently face in the industry. How did you get into Procurement? So, like most people, I didn’t choose procurement. I think it chose me. I started my career at nPower, a large utility company.
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The Network Effect
SEPTEMBER 12, 2023
AI is big in supply chain management, but there are places it is ideally suited to, and other areas that are highly problematic. Ranjit Notani explains.
Supply Chain Brain
SEPTEMBER 12, 2023
Kroger said it has achieved “meaningful operational efficiencies” in its supply chain through improved transport capacity utilization and increased productivity in its warehouses and across its network.
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.
Art of Procurement
SEPTEMBER 12, 2023
At Categorypalooza 2023, Brian Halpin, VP and General Manager at Procure Analytics, led a session on the complexities and opportunities. The post 5 Common Myths About GPOs appeared first on Art of Procurement.
Supply Chain Brain
SEPTEMBER 12, 2023
UPS said in August that the heated discussions caused about 1.2 million packages per day of lost volume — either directly to competitors or new business that didn’t occur.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Supply Chain Brain
SEPTEMBER 12, 2023
The ATA invites everyone to join in celebrating truck drivers by sharing a message on social media, tagging ATA and using the hashtags #NTDAW23 and #ThankATrucker.
IBM Supply Chain Blog
SEPTEMBER 12, 2023
The UK government’s Ecosystem of Trust is a potential future border model for frictionless trade, which the UK government committed to pilot testing from October 2022 to March 2023. The pilots made supply chain data directly accessible to the government, used new technologies to preserve goods’ physical integrity and considered how trusted relationships could enable certain controls to be performed by industry rather than the government.
Supply Chain Brain
SEPTEMBER 12, 2023
Eighty-nine percent of companies expect to maintain or increase support for supplier diversity, according to Supplier.io’s 2023 State of Supplier Diversity Report.
Supply Chain Trend
SEPTEMBER 12, 2023
Seeing through the AI razzle dazzle Everything seems to be AI these days, which can become overwhelming when you have to think about how it can be used in your industry or business process. All whilst the market is screaming from all directions with their AI message. The AI razzle dazzle will continue. It will probably accelerate. Expect a ChatGPT every one or two years.
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.
SCMR (Supply Chain Management Review)
SEPTEMBER 12, 2023
Download this new white paper to learn best-practice strategies that can help your company do more with the same — optimizing your workforce to weather the current economic climate and pave a successful path forward.
Supply Chain Dive
SEPTEMBER 12, 2023
Through Supply Chain by Amazon, sellers can have Amazon handle their logistics from manufacturers to customers.
SCMR (Supply Chain Management Review)
SEPTEMBER 12, 2023
The ASCM top 10 supply chain trends for 2024 feature a new number one, but technology trends still dominate the top five overall.
Supply Chain Brain
SEPTEMBER 12, 2023
Managers of manufacturing and training operations will need to see a faster ROI if this technology hopes to become a staple of supply chains.
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.
Supply Chain Dive
SEPTEMBER 12, 2023
The c-store chain will run a six-month pilot program in partnership with Penske in order to “test and learn” more about this side of the electric vehicle space.
IBM Supply Chain Blog
SEPTEMBER 12, 2023
In our blog series, we’ve debunked the following observability myths so far: Part 1: You can skip monitoring and rely solely on logs Part 2: Observability is built exclusively for SREs Part 3: Observability is only relevant and beneficial for large-scale systems or complex architectures Part 4: Observability is always expensive In this post, we’ll tackle another fallacy that limits the potential of observability —that you can create an observable system without observability dr
Supply Chain Dive
SEPTEMBER 12, 2023
Ahead of the sportswear giant’s annual meeting this week, investors are asking the company to avoid similar cases in the future.
Procurement Foundry
SEPTEMBER 12, 2023
Introduction In the realm of modern business operations, procurement has evolved from being a mere transactional process to a strategic function that directly influences a company's success. Central to this evolution is the concept of planned work in procurement. This article delves into the crucial aspects of planned work in procurement and why considering procurement orchestration is valuable.
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
Supply Chain Dive
SEPTEMBER 12, 2023
Flexport Revolution advances the company's push to provide fulfillment services tailored for small- and medium-sized businesses.
Arkestro
SEPTEMBER 12, 2023
Press Releases / Rutgers Business School to Host Arkestro’s Museum of Procurement Rutgers Business School to Host Arkestro’s Museum of Procurement One of a Kind Museum Celebrating Procurement’s Storied History and Exciting Future to Take Semester-Long Stop in Newark, NJ NEWARK, NJ and SAN FRANCISCO, CA, September 12, 2023 – In an era when procurement has taken center stage, Arkestro’s Museum of Procurement will begin an interim residence at Rutgers Business School in Newark, NJ, following an exh
Supply Chain Dive
SEPTEMBER 12, 2023
The extension aims to help healthcare supply chain partners develop and refine their systems for electronic data sharing.
Supply Chain Brain
SEPTEMBER 12, 2023
Shobhit Elhance, vice president of business development at LogiNext, discusses the pain points faced by shippers and carriers in the delivery of big and bulky items.
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 Dive
SEPTEMBER 12, 2023
The cosmetics giant tapped Quentin Roach to oversee its strategic supplier relationships and help drive innovation with its partners.
ContractSafe
SEPTEMBER 12, 2023
It’s official. ContractSafe is the easiest contract management solution to work with and the most likely to be recommended. But don’t take our word for it!
Supply Chain Dive
SEPTEMBER 12, 2023
Questions for stakeholders focus on data-sharing and the costs of current constraints.
The Procuretech Podcast
SEPTEMBER 12, 2023
In this episode of The Procuretech Podcast, host James Meads welcomes Iyad Aldalooj, founder and CEO of Penny, a source-to-pay solution and B2B marketplace, based in Saudi Arabia. They discuss the challenges and nuances of the procurement technology space in the rapidly developing Middle East and Gulf region. Tune in for an insightful conversation on the future of procurement in the Middle East.
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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.
Fraxion
SEPTEMBER 12, 2023
The advantage of procurement software with ERP integration Companies are looking for ways to stay competitive, and it is no secret that having efficient and streamlined processes is vital to staying ahead of the curve. One critical aspect of business operations is Enterprise Resource Planning (ERP), a comprehensive software system that integrates various departments and functions within an organization.
Planergy
SEPTEMBER 12, 2023
Clients and results More Customers We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend.
Spend Matters
SEPTEMBER 12, 2023
This content does not express the views or opinions of Spend Matters. As a procurement professional myself, I have witnessed and been part of many procurement teams of different maturity levels and sizes. Their shared mission? Enabling business objectives — whether it’s growth, innovation, cost-cutting, compliance or risk management — by gaining control over the addressable spend across the company.
SCMDOJO
SEPTEMBER 12, 2023
Warehouses seem like a confusing maze filled with rows of shelves, stacks of goods, and a beehive of activity. Have you ever thought about how these warehouses are actually designed? Or how the warehouse staff always seem to know exactly where everything is located? This is where warehouse layout optimization come into play. Welcome to the world of smart warehouse layout optimization – where the right planning, designing, and execution can take the space from chaotic to systematic!
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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