CPO Rising
MAY 1, 2023
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.
SCMR (Supply Chain Management Review)
MAY 1, 2023
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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Supply Chain Dive
MAY 1, 2023
The less-than-truckload unit has been cutting costs and streamlining its network as demand continues to decline.
IBM Supply Chain Blog
MAY 1, 2023
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.
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 Brain
MAY 1, 2023
Over the past three years, retailers have been wrestling with product shortages and increasingly painful out-of-stock issues. More recently, however, they’ve been struggling with overstocks.
Spend Matters
MAY 1, 2023
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.
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 Dive
MAY 1, 2023
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.
IBM Supply Chain Blog
MAY 1, 2023
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.
Procurement Freelancers
MAY 1, 2023
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.
Arkestro
MAY 1, 2023
The post Retail Info Systems: The Real Reason Supply Chain Leaders Stay Worried About Empty Retail Shelves appeared first on Arkestro.
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.
Supply Chain Dive
MAY 1, 2023
S&P Global's PMI index registered growth for the first time since October 2022, but economists remain uncertain about the future.
SCMR (Supply Chain Management Review)
MAY 1, 2023
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.
Supply Chain Dive
MAY 1, 2023
Vendors for the apparel company can get discounts on loans if they hit environmental and social targets.
SCMR (Supply Chain Management Review)
MAY 1, 2023
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).
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 Brain
MAY 1, 2023
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.
SCMR (Supply Chain Management Review)
MAY 1, 2023
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.
Supply Chain Brain
MAY 1, 2023
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.
SCMR (Supply Chain Management Review)
MAY 1, 2023
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.
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
MAY 1, 2023
The Florida expansion boosts the logistics provider’s offerings between the U.S. and Latin America for customers.
SCMR (Supply Chain Management Review)
MAY 1, 2023
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.
Arkestro
MAY 1, 2023
The post SDC Executive: Why Logistics Problems Are Often Procurement Problems in Disguise appeared first on Arkestro.
Supply Chain Brain
MAY 1, 2023
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.
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?
SCMR (Supply Chain Management Review)
MAY 1, 2023
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.
Supply Chain Brain
MAY 1, 2023
Business customers are now behaving much like consumers, with procurement professionals becoming accustomed to the “Amazon experience” they get when they order merchandise for the home.
Negotiations Ninja
MAY 1, 2023
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.
SCMR (Supply Chain Management Review)
MAY 1, 2023
Make visibility and collaboration central to sustainability efforts.
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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.
Supply Chain Dive
MAY 1, 2023
The head of the newly-formed railroad promises shippers "superior service" as other carriers team to vie for business south of the border.
Supply Chain Brain
MAY 1, 2023
The Last-Mile Delivery Software Guide from OneRail explores the importance of last-mile delivery software amidst the rapidly growing e-commerce market.
Fraxion
MAY 1, 2023
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.
Supply Chain Brain
MAY 1, 2023
Arrive Logistics, Blue Yonder, Coyote Logistics, e2open, Echo Logistics, One Network and Oracle have all joined the Scheduling Standards Consortium.
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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