Mon.May 01, 2023

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Procurement Strategies Manifest from Uncertainty

CPO Rising

There is no doubt that uncertainty is permeating the four walls of today’s enterprises. Many unknowns have yet to be revealed, leading to more conservative and risk-averse business decision-making. Chief procurement officers, among others, continue to operate in a new normal where answers to business challenges are elusive.

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FedEx Freight to close 29 locations, enact more furloughs

Supply Chain Dive

The less-than-truckload unit has been cutting costs and streamlining its network as demand continues to decline.

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Top 50 Trucking Companies 2023: Is this year normal?

SCMR (Supply Chain Management Review)

As the $830 billion trucking industry prepares for what could be the first full “normal” year since the pandemic caused tidal waves in supply/demand cycles, the “best of the best” are concentrating on strategy, operations and execution. Our trucking correspondent examines what’s ahead for trucking in 2023.

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Manufacturing industry performance holds largely stable in April

Supply Chain Dive

S&P Global's PMI index registered growth for the first time since October 2022, but economists remain uncertain about the future.

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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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Blockchain (Part 3): Theoretical use cases

Spend Matters

Categories: Procurement Systems & Architecture Tags: PRO While many organizations already use blockchain, the scope of that usage is still somewhat limited. Web3 advocates, tech professionals and general forward-thinkers have dozens of ideas concerning blockchain’s future growth and uses. In this article, we identify and explain some of the most compelling theoretical use cases for blockchain in procurement.

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PVH launches supplier finance program tied to sustainability goals

Supply Chain Dive

Vendors for the apparel company can get discounts on loans if they hit environmental and social targets.

More Trending

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Optimizing productivity in manufacturing

Supply Chain Dive

To keep up with changing industry and customer demands, manufacturers must take a new, technology-based strategic approach. This involves the right tools, strategy and planning to evolve with the times.

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Retail Info Systems: The Real Reason Supply Chain Leaders Stay Worried About Empty Retail Shelves

Arkestro

The post Retail Info Systems: The Real Reason Supply Chain Leaders Stay Worried About Empty Retail Shelves appeared first on Arkestro.

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RoadOne acquires Ace Transport Miami

Supply Chain Dive

The Florida expansion boosts the logistics provider’s offerings between the U.S. and Latin America for customers.

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What policymakers need to know about foundation models

IBM Supply Chain Blog

The last few years—even the last few months—have seen artificial intelligence (AI) breakthroughs come at a dizzying pace. AI that can generate paragraphs of text as well as a human, create realistic imagery and video from text, or perform hundreds of different tasks has captured the public’s attention. People see AI’s high level of performance, creative potential and, in some cases, the ability for anyone to use them with little to no technical expertise.

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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

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Implementing Effective Procurement Strategies With A Purchasing Consultant

Procurement Freelancers

To sustain a company’s operational performance and effectively control spending, a procurement plan is necessary.… The post Implementing Effective Procurement Strategies With A Purchasing Consultant first appeared on Procurement Blog | Procurement & Supply Chain News.

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Tackling sustainability in procurement

SCMR (Supply Chain Management Review)

Make visibility and collaboration central to sustainability efforts.

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How to optimize Google Cloud Platform cloud costs with IBM Turbonomic

IBM Supply Chain Blog

Google Cloud Platform (GCP) enables customers to build, manage and deploy modern, scalable applications to achieve digital business success. However, due to its complexity, achieving operational excellence in the cloud is difficult. Fundamentally, as a Cloud Operator, you need to ensure great end-user experiences while staying within budget. In this blog post, we will review the various methods of GCP cloud cost management, what problems they address and how GCP users can best use them.

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Procurement: the missing link between sustainability and profitability?

SCMR (Supply Chain Management Review)

De-carbonizing the end-to-end value chain is now an imperative—for the planet and for business. Customers, shareholders and employees demand it, and governments are rushing to mandate it. Procurement is a logical focal point where sustainability and value can intersect. It could soon become a profit center.

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How Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform

Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.

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SDC Executive: Why Logistics Problems Are Often Procurement Problems in Disguise

Arkestro

The post SDC Executive: Why Logistics Problems Are Often Procurement Problems in Disguise appeared first on Arkestro.

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Is Artificial Intelligence relevant to insurance?

IBM Supply Chain Blog

I love the game of chess and was shocked when IBM’s Deep Blue chess-playing machine defeated the world chess champion in 1997. That ground-shaking event divided the world with excitement and trepidation about a future with thinking machines. In this first of two posts, I investigate the anatomy of artificial intelligence and its impact on insurance.

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The Year of Efficiency: Why NOW is the right time to upgrade your WMS

SCMR (Supply Chain Management Review)

In this webinar, we’re sitting down with supply chain pros from Körber Supply Chain, Alpine Supply Chain Solutions, and Raymour & Flanigan, a high-end American furniture chain. Learn why now is the time to upgrade your Warehouse Management System (WMS).

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CPKC ‘ready to compete’ as rivals plan US-Mexico intermodal service

Supply Chain Dive

The head of the newly-formed railroad promises shippers "superior service" as other carriers team to vie for business south of the border.

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A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026

Speaker: Jason Cottrell and Gireesh Sahukar

Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.

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100% uptime for renewable energy sources

SCMR (Supply Chain Management Review)

The recent column discussed how global policymakers have been relatively ineffective in using diplomacy to come up with a coordinated plan toward a world free of fossil fuels.

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Chinese Truck Maker to Boost Mexico Presence With Eye on U.S. Market

Supply Chain Brain

Mexico is increasingly attracting companies’ investment and attention as firms relocate factories to get closer to U.S. consumers and avoid the difficulties caused by lengthy supply chains.

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Manufacturing falls again in April, reports ISM

SCMR (Supply Chain Management Review)

The report’s key metric, the PMI, came at 47.1 (a reading of 50 or higher indicates growth), marking a slight 0.8% gain over March’s 46.3, while contracting, at a slower rate, for the sixth consecutive month. The past six months of contraction, through April, were preceded by a stretch of 29 consecutive months of growth. ISM also said that the overall economy contracted, at a slower rate, in April, for the sixth consecutive month, which was preceded by 30 consecutive months of growth.

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Curing Product Waste in the Pharma Supply Chain for the Health of the People—and the Planet

Supply Chain Brain

In this webinar, industry experts unpack the impacts of product waste on the planet, pharmaceutical companies, and patients, as well as a solution—real-time shipment visibility technology that allows logistics teams to solve in-transit issues before they result in damage and loss.

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Procurement Is Navigating a Tech Tsunami (and It’s Upending How You Work)

Procurement is in the middle of a tech tsunami. And if it feels like the old playbooks aren’t working anymore, that’s because they aren’t. Agentic AI. Autonomous procurement. Unified source-to-pay ecosystems. These innovations are converging and transforming how procurement teams operate. The GEP 2025 Procurement & Supply Chain Tech Trends Report breaks it all down.

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Reimagine your reverse supply chain: Minimize new 3Rs for environmental sustainability

SCMR (Supply Chain Management Review)

By holding both ends of the supply chain accountable, sustainability efforts are more likely to bear satisfactory results and significantly reduce the burden on Mother Nature.

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Expeditors Sued by Customer over Delays Caused by 2022 Cyberattack

Supply Chain Brain

IRobot is seeking $2.1 million for damages against Expeditors caused by shipping delays and lost business.

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ProMat 2023 Show Wrap-up

SCMR (Supply Chain Management Review)

ProMat 2023 was held March 20-23 at Chicago’s McCormick Place. It featured more than 1,000 exhbits and included a comprehensive educational conference. Here are some of the highlights.

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HAVI and Kinaxis Partnering to Launch Analytics Tool for Quick Service Restaurant Industry

Supply Chain Brain

The partnership will provide clients with access to Kinaxis' RapidResponse platform as well as HAVI's 40+ years of supply chain expertise.

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State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

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Why Stories are Powerful in B2B Sales

Negotiations Ninja

We often forget about the power of story in B2B sales. It’s because we disconnect the product or service from a person. We feel like we’re selling to a company. But no matter what company someone works for—their name is always on their card. But because we feel that disconnect, we avoid telling stories altogether.

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INPEX, Idemitsu Kosan and ANA Sign Jet Fuel Carbon Neutralization Agreement

Supply Chain Brain

INPEX and Idemitsu will acquire carbon credits in order to neutralize 100% of the carbon dioxide generated by ANA’s jet fuel supply chain.

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How to identify cost saving opportunities and optimize spending

Fraxion

In today's economic climate, it's more important than ever for financial leaders to find ways to optimize spending and reduce costs. Spend management should always be top of mind, but it becomes even more crucial in times like these when businesses need to be lean and agile to stay competitive and survive.

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Watch: Keeping Pace With the Relentless Growth of E-Commerce

Supply Chain Brain

All of the problems experienced in e-commerce sales during the pandemic are continuing, says Paul Ambruso, VP and general manager, mobile robotics, at Berkshire Grey. The challenges, however, are opportunities for technology vendors.

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The AI Race Isn’t Just About Tech Superiority – Its the Supply Chain, Stupid!

The race to dominate AI is no longer about who has the smartest algorithms — it's about who can build and scale faster. Behind every AI breakthrough lies a battle for resources: data centers, compute hardware, power, and telecom infrastructure. And right now, even tech giants are hitting a wall. Our latest white paper reveals the six critical supply chain elements that are increasingly separating AI leaders from the rest.