ProcurePort

OCTOBER 9, 2023

To stay competitive in manufacturing, you need advanced technology on the production floor and clever strategies behind the scenes. Contract management is a critical aspect of manufacturing operations, impacting everything from procurement to supplier relationships. In the manufacturing industry, efficiency and precision are paramount. While advanced technology on the production floor is essential, the […] The post Revolutionizing Manufacturing Contracts: The AI Advantage appeared first on

Contract 130

Contract Contract management Strategy Suppliers 130

Procurement Freelancers

OCTOBER 9, 2023

Buying materials and supplies is among the most important things that a business must undertake… The post Streamlining Procurement Processes: Sourcing Consultants' Expertise first appeared on Procurement Blog | Procurement & Supply Chain News.

Sourcing 95

Sourcing Procurement Supply chain Import 95

Spend Matters

OCTOBER 9, 2023

This Spend Matters Vendor Analysis provides an overview of Brex and its solution for expense management. Expense management tools are in high demand because organizations need to manage post-pandemic travel spend. Brex is a new entrant in the expanding market of expense management, and its market potential has attracted considerable investor support.

Management 94

Management Budget Market analysis Influencing 94

SCMR (Supply Chain Management Review)

OCTOBER 9, 2023

As the supply chain has become more global and more complicated, the influence of geopolitical events is creating more urgency for businesses to secure their networks.

Supply chain management 95

Supply chain management Supply chain management Supply chain Influencing 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 Dive

OCTOBER 9, 2023

The former chief business officer for the Target-owned company will focus on scaling and expanding the retail giant's delivery service platform.

102

102

Supply Chain Brain

OCTOBER 9, 2023

Following are some innovative supply chain strategies for propelling businesses toward success.

Innovation 113

Innovation Strategy Supply chain Supply 113

IBM Supply Chain Blog

OCTOBER 9, 2023

Artificial intelligence (AI) can help usher in a new era of human resource management, where data analytics, machine learning and automation can work together to save people time and support higher-quality outcomes. As AI technology moves beyond automation to augmentation, companies may be looking at how AI tools can make the work of human resources (HR) better for employees and job seekers.

Data 72

Data Management Vendor management Strategy 72

Supply Chain Dive

OCTOBER 9, 2023

The pool of money is meant to bolster upstream facilities as part of a broader government effort to build a resilient domestic semiconductor industry.

Supply chain 97

Supply chain Supply 97

Supply Chain Brain

OCTOBER 9, 2023

When it comes to delivering consumer goods, brands and retailers strive to meet ever-higher expectations of service excellence. Now those standards are filtering into the business world as well.

59

59

Supply Chain Dive

OCTOBER 9, 2023

The ongoing strike is causing some down-tier suppliers to hold inventory, while others may seen cash flow delays.

Suppliers 109

Suppliers Inventory 109

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

Procurement Insights

OCTOBER 9, 2023

Okay, it is Thanksgiving Monday, and maybe it’s the tryptophan from the second helping or turkey. Still, besides finding the above cartoon funny, it made me think: if procurement professionals are missing a tool, what “can opener” do we need to open up our full potential. Now, it’s time for pumpkin pie!

Procurement 56

Procurement 56

Supply Chain Dive

OCTOBER 9, 2023

The port has seen an on and off trend in volumes all year, the port operator told Supply Chain Dive.

Supply chain 99

Supply chain Supply 99

The Network Effect

OCTOBER 9, 2023

The explosion in AI and the race to apply and embed AI everywhere is testing supply chains, and they can't keep up. What can be done?

Supply chain 64

Supply chain Supply Supply chain management Supply chain management 64

Supply Chain Dive

OCTOBER 9, 2023

The sportswear giant has come a long way from a year ago, when stock levels were surging with retailers and consumers pulling back on purchasing.

Inventory 76

Inventory Purchasing 76

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

Supply Chain Brain

OCTOBER 9, 2023

Tesla will update investors on the toll that price cuts have taken on earnings when it reports its third-quarter results on October 18.

Price 65

Price Demand 65

Una

OCTOBER 9, 2023

How to Implement a Strategic Sourcing Process A play-by-play manual showing how to implement a strategic sourcing process that aligns with your organization’s goals, optimizes spend, and creates long-term value. DOWNLOAD PLAYBOOK Table of Contents Introduction In procurement and supply chain, staying ahead of the game is not just a goal – it’s a necessity.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Negotiations Ninja

OCTOBER 9, 2023

Donald Kelly, “The Sales Evangelist,” seeks to help salespeople build their pipeline and convert more deals. One of the key ways to start the process is by seeking first to understand, which we cover in-depth in episode #399 of Negotiations Ninja. But another key part of the process is creating a mutual action plan.

Negotiation 52

Negotiation 52

Barkers Procurement

OCTOBER 9, 2023

Vanquis Banking Group, previously named Provident Financial plc, is a British bank headquartered in Bradford, England. It specialises in credit cards, loans, and consumer vehicle finance. VBG supports 1 in 5 people who can’t get access to credit products through mainstream banks or building societies. The bank also provides fixed-rate and notice savings accounts under the trading name Vanquis Savings.

Real-time Visibility 52

Real-time Visibility Project management Change management Risk management 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

Supply Chain Brain

OCTOBER 9, 2023

The EU launched an anti-subsidies probe into Chinese EV manufacturers, setting in motion a 12-month investigation that could see provisional duties and tariffs imposed over the next nine months.

52

52

IBM Supply Chain Blog

OCTOBER 9, 2023

As governments around the globe continue experimenting with the use of AI, and looking into ways to tap into foundational models offered by generative AI, one important question stands out: How will citizens benefit from the technology? The public sector is called just that for a reason: the public should always be the priority. Not only can AI help improve certain services people rely on every day, but it can also help bridge the gap between local government, its employees and its residents.

Ethics 54

Ethics Import Data Demand 54

Supply Chain Brain

OCTOBER 9, 2023

There's a shift happening in the parcel market in favor of shippers, says Robyn Meyer, senior vice president of parcel strategy and solutions with Transportation Insight.

Strategy 52

Strategy 52

CPO Rising

OCTOBER 9, 2023

Today, we feature our ongoing coverage of this year’s 18th-annual CPO-themed report, where my team and I continue our nearly two-decade-long dialogue with chief procurement officers (CPOs) and other procurement leaders.

Chief Procurement Officer 52

Chief Procurement Officer Data Procurement Collaboration 52

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

IBM Supply Chain Blog

OCTOBER 9, 2023

At the beginning of 2023, according to IBM Security’s “ Threat Intelligence Index ” report, healthcare was in the top 10 most-attacked industries on the planet. The “ Cost of a Data Breach 2023” report also uncovered that, since 2020, healthcare data breach costs have increased by 53.3%. Even if it adheres to a lot of regulatory practices, for the 13th year in a row, the healthcare industry reported the most expensive data breaches, at an average cost of USD 10.93 m

Risk management 83

Risk management Risk Real-time Visibility Management 83