DOL will raise overtime salary threshold to $44K in July, $59K next year
Supply Chain Dive
APRIL 23, 2024
The final rule expands overtime pay eligibility to millions of U.S. workers, the department said.
Tue.Apr 23, 2024
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Building Insights Into Supply Chains: A Case Study
Supply Chain Brain
APRIL 23, 2024
What started as a shared frustration at the lack of tracking information on general cargo shipments resulted in a much-needed advancement in tracking technology and shipping analytics.
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Automakers get new standard for cutting a top source of scope 3 emissions
Supply Chain Dive
APRIL 23, 2024
Indirect emissions are notoriously hard to calculate and address, so the Science Based Targets initiative put forth a new guideline for the auto industry's category 11 goals.
Strong Sales for Gas Trucks, SUVs, Boost GM Profits
Supply Chain Brain
APRIL 23, 2024
The auto manufacturer reported nearly $3 billion of profit in Q1, a 24% increase from that period in 2023.
Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence
Advertiser: GEP
“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.
Why Amy’s Kitchen added a chief supply chain officer
Supply Chain Dive
APRIL 23, 2024
Creating the role helped the food manufacturer streamline its operations and reset its sourcing and logistics strategies, Oksana Woloszczuk said.
Watch: Introducing the New and Improved DAT iQ Benchmark
Supply Chain Brain
APRIL 23, 2024
Samuel Parker, director of shipper segment with DAT, describes the company's iQ platform, which hosts the new and improved DAT iQ Benchmark, an AI-powered business tool for shippers.
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Taiwan Quake Was a Lesson in Resiliency for the Global Supply Chain
Supply Chain Brain
APRIL 23, 2024
Since a devastating 1999 quake, Taiwan has implemented sweeping changes to its building codes while strengthening existing structures.
Lovesac pares back inventory costs as it simplifies operations
Supply Chain Dive
APRIL 23, 2024
Costs associated with inbound freight and warehousing costs dropped as the furniture company rolled out planning capabilities and simplified operations.
Regulators Close Probe After Union Pacific Cuts Back on Shipping Limits
Supply Chain Brain
APRIL 23, 2024
The STB opened its investigation after crew shortages led to Union Pacific imposing more than 1,000 embargoes in 2022.
Biden’s call to hike China steel, aluminum tariffs falls short, industry group says
Supply Chain Dive
APRIL 23, 2024
The Can Manufacturers Institute says the president should do more than triple the average tariff rate of 7.5% under section 301.
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
City of Baltimore Accuses Ship Owner of 'Gross Negligence' in Bridge Crash
Supply Chain Brain
APRIL 23, 2024
The City of Baltimore says it plans to pursue "significant" claims against the firms responsible for the Dali , in a bid to compensate the city, its residents and businesses.
Southern Glazer’s Wine & Spirits promotes supply chain executive
Supply Chain Dive
APRIL 23, 2024
The beverage alcohol distributor recently promoted Drew Vermilion to SVP of supply chain strategy and chief of staff.
5 steps for implementing change management in your organization
IBM Supply Chain Blog
APRIL 23, 2024
Change is inevitable in an organization; especially in the age of digital transformation and emerging technologies, businesses and employees need to adapt. Change management (CM) is a methodology that ensures both leaders and employees are equipped and supported when implementing changes to an organization. The goal of a change management plan, or more accurately an organizational change plan, is to embed processes that have stakeholder buy-in and support the success of both the business and the
Embracing AI and Predictive Procurement to Overcome Industry Challenges
Arkestro
APRIL 23, 2024
Resources / Blog / Embracing AI and Predictive Procurement to Overcome Industry Challenges Embracing AI and Predictive Procurement to Overcome Industry Challenges Today’s procurement teams are faced with a host of challenges: Managing more spend with fewer headcount. Dramatically improving the internal customer experience and supplier experience. Enhancing supplier performance.
How Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform
Advertiser: GEP
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.
7 Spend Analytics Software for Mid-Market Businesses
Procurement Software
APRIL 23, 2024
Spend analytics software would be the first tech investment I’d make in a greenfield Head of Procurement role. You have to know what you’re spending your money on before you can start to transform your procurement operations. To do this quickly and efficiently, spend analytics software is your best friend. Can you do spend analysis in an Excel spreadsheet?
China Wants Everyone to Trade In Their Old Cars, Fridges to Help Save Its Economy
Supply Chain Brain
APRIL 23, 2024
Four months after President Xi Jinping flagged a proposal to help households and businesses upgrade old machinery, details are still trickling out.
6 Contract Management Best Practices for In-House Counsel in 2024
ContractSafe
APRIL 23, 2024
When it comes to contracts, in-house counsel has seen it all, from the "simple" contracts that turn into epic novels to the urgent deals that needed to be signed yesterday.
Unveiling the Intricacies of Warehousing in the Modern Economy
World of Procurement blog
APRIL 23, 2024
In the ever-evolving landscape of business, the role of warehousing within the supply chain has grown to be more pivotal than ever. As a procurement professional, understanding the intricacies of warehousing is not just beneficial—it's essential. This article serves as a comprehensive exploration into the world of warehousing, highlighting the nuanced differences and operational strategies within traditional warehouses, distribution centers, and fulfillment centers.
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.
How Machine Learning is Transforming Supply Chain Management
Una
APRIL 23, 2024
How Machine Learning is Transforming Supply Chain Management Machine learning applied to supply chain management allows businesses to enhance decision-making and streamline operations. By Hugo Britt | April 23, 2024 Search Search Welcome to a future where the supply chain landscape is divided, not just by the products and services they deliver, but by the int elligence that drives their operations.
Procurement AI Trends for 2024: Revolutionizing the Future of Supply Chain Management
World of Procurement blog
APRIL 23, 2024
I. Introduction In an age where digital transformation decides who leads and who lags, Artificial Intelligence (AI) stands as the vanguard in redefining procurement. Imagine a world where supply chains are not just efficient, but prescient—anticipating needs, risks, and market shifts with uncanny precision. As we stand on the brink of 2024, this is not just a possibility; it's fast becoming the norm in procurement.
Why reviews and “best of” lists aren't very helpful
The Procuretech Podcast
APRIL 23, 2024
This week on The Procurement Software Podcast, host James Meads delves into the topic of why reviews and best-of lists may not be as helpful as they seem when choosing procurement software. The episode also touches on the lack of transparency in some top procurement tech listings, cautioning listeners to be wary of sponsored content. Tune in to gain insights on navigating the complex landscape of procurement software selection.
The Pivotal Role of Technology in Modern Procurement
World of Procurement blog
APRIL 23, 2024
In today's fast-paced business environment, procurement plays a crucial role in determining a company's efficiency, cost-effectiveness, and competitive edge. A significant driver of this evolution has been the integration of advanced technologies into procurement processes. From automated systems to data analytics, technology is reshaping procurement, making it more strategic, efficient, and adaptable to changing market demands.
Procurement Is Navigating a Tech Tsunami (and It’s Upending How You Work)
Advertiser: GEP
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.
Beginners Guide to Supply Chain Management
World of Procurement blog
APRIL 23, 2024
Welcome to the fascinating world of supply chain management (SCM)! In this blog, we will explore the essential concepts and processes vital for beginners entering the field. Whether you are a student, a budding professional, or a curious learner, this guide will illuminate the foundational aspects of SCM and help you understand its significance in today’s global economy.
Complete Guide to the Procurement to Pay Process
World of Procurement blog
APRIL 23, 2024
The procurement to pay (P2P) process, also known as purchase to pay, is an essential component of an organization's financial and operational efficiency. It encompasses all steps from the initial identification of a need for goods or services, through procurement and payment, to the eventual reconciliation of accounts. This guide will provide a comprehensive overview of the P2P lifecycle and explain why mastering this process is critical for businesses.
Leveraging Digital Innovation in Procurement: An In-Depth Guide
World of Procurement blog
APRIL 23, 2024
Embracing the Digital Transformation in Procurement The procurement landscape is undergoing a seismic shift thanks to the advent of pioneering technologies such as blockchain, artificial intelligence, and robotics. These digital disruptors are reshaping how procurement teams interact with stakeholders and enhance operational efficiency. In this era of the "fourth industrial revolution," it is crucial for organizations to re-evaluate and upgrade their procurement frameworks and supply chain techn
Navigating the Procurement Process Flow: A Comprehensive Guide to Success
World of Procurement blog
APRIL 23, 2024
In today's fast-paced business world, efficient procurement processes are more crucial than ever. Whether you're running a small business or overseeing operations for a large corporation, understanding the procurement lifecycle is vital for minimizing costs while maximizing value. But what exactly goes into these processes? Let's break down the essential steps in the procurement process flow, providing a roadmap to streamline your procurement activities and achieve strategic objectives.
State of AI in Sales & Marketing 2025
Advertiser: ZoomInfo
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.
Complete Guide to the Procurement of Materials
World of Procurement blog
APRIL 23, 2024
The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. This process not only influences the direct cost of production but also affects the overall efficiency of the project or organization. Understanding the ins and outs of material procurement can enable businesses to streamline their operations, reduce costs, and achieve better outcomes.
A Complete Guide to Procurement Negotiations
World of Procurement blog
APRIL 23, 2024
Negotiation is an art and a science, particularly in the world of procurement. It involves reaching an agreement that satisfies all parties involved, balancing wants, needs, and expectations with reality. The complex dance of procurement negotiations requires understanding, skill, and strategic preparation. This guide aims to provide a robust framework for navigating negotiation processes, delving into negotiation frameworks, mental models, the concept of BATNA, and the crucial aspect of prepara
The Top 20 KPIs You Need To Know In Procurement
World of Procurement blog
APRIL 23, 2024
Procurement plays a crucial role in the operational efficiency and sustainability of a business. From managing supplier relationships to ensuring cost-effective purchasing, the performance of the procurement function can significantly impact a company's bottom line and reputation. Below are the top 20 Key Performance Indicators (KPIs) you should monitor to ensure your procurement process is aligned with your organization's goals, including factors related to Environmental, Social, and Governance
Complete Guide to Procurement in Construction
World of Procurement blog
APRIL 23, 2024
Procurement plays a pivotal role in the construction industry, governing how resources, equipment, and services are acquired to bring a project from blueprint to reality. With a myriad of challenges specific to construction, understanding how to navigate the procurement process can make the difference between a project's success or its downfall. This guide delves into the essentials of procurement within the construction sector, discussing various strategies, potential obstacles, supply chain st
The AI Race Isn’t Just About Tech Superiority – Its the Supply Chain, Stupid!
Advertiser: GEP
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.
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