ABC of Procurement

APRIL 3, 2024

Do you think air can not influence your COGS (Unless you sell compressed air)? It can, and here is a real example. The post Influence of Air on COGS first appeared on ABC of Procurement.

Influencing 147

Influencing Procurement 147

Supply Chain Dive

APRIL 3, 2024

The surcharges from both carriers will take effect this month in 82 ZIP codes across the U.S., many covering major urban areas.

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Supply Chain Brain

APRIL 3, 2024

Supply chain network design, a branch of operations research, helps in strategic decision-making about nodes, sourcing, transportation modes and inventory levels.

Networking 86

Networking Supply chain Data Inventory 86

Spend Matters

APRIL 3, 2024

Artificial intelligence (AI) comes in many different forms (for a complete history of AI in procurement, check out our recently published autoaugmentation series) and despite being a consistent ‘hot topic’ for well over a decade now, continues to grow and evolve each year in the procurement industry. This article explores the current state of AI in the intake and orchestration marketspace, including a capabilities overview, a high-level market overview and an introduction to the emerging field o

Procurement 81

Procurement Management 81

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

APRIL 3, 2024

Flatbed loads surged 57% week over week from Baltimore, DAT Freight & Analytics reported.

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Supply Chain Brain

APRIL 3, 2024

“My hope is that we can find diplomatic off-ramps,” President Joe Biden’s special envoy for Yemen told reporters in a press briefing.

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Supply Chain Brain

APRIL 3, 2024

The two companies' joint-filing was submitted on April 1, and would look to limit their legal liability to $43.6 million.

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Management 88

Supply Chain Dive

APRIL 3, 2024

The Norway-based ocean carrier said it's rerouting cargo as the fall of the Francis Scott Key Bridge impacts its vessel operations.

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Una

APRIL 3, 2024

EPISODE 159 All Travel is Personal with J. Grant Caplan By Kelly Barner | April 3, 2024 It goes without saying that travel has changed since the pandemic – although not in the way most of us might assume. There have certainly been adjustments to logistics and expectations, but, most of all, companies are doing a better job of recognizing the wellness considerations intertwined with business travel, and finding purposeful ways to accommodate their travelers without onerous increases to the

Budget 69

Budget Logistics Sourcing Management 69

Supply Chain Dive

APRIL 3, 2024

Since Bill Rice joined the chain in January, the chicken brand has already launched a supply chain optimization study.

Supply Chain Optimization 88

Supply Chain Optimization Supply chain Supply 88

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

IBM Supply Chain Blog

APRIL 3, 2024

IBM ® TRIRIGA ® Application Suite (TAS) is a market-leading  integrated workplace management system for organizations managing their facility portfolios and assets throughout their lifecycle efficiently. It helps organizations optimize their workplace experience , facility resource scheduling, facility strategic planning, lease accounting and asset disposal, and manage their transactions, capital projects , space , facility maintenance and facility sustainability.

Demand 69

Demand Management Strategic planning Sustainability 69

Supply Chain Brain

APRIL 3, 2024

Peru’s government is trying to revoke a deal that granted China's Cosco Shipping exclusive rights to run the new Chancay Port.

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Procurement Freelancers

APRIL 3, 2024

The freelance work marketplace is bustling. Navigating it gracefully and skillfully can transform brief customer… The post When Dealing With Freelance Buyers, Avoid Common Pitfalls first appeared on Procurement Blog | Procurement & Supply Chain News.

Buyers 52

Buyers Supply chain Procurement Supply 52

Supply Chain Brain

APRIL 3, 2024

New Boeing Chairman Steve Mollenkopf instead is reaching out directly to CEOs for major airlines in an attempt to smooth over strained relations.

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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

Una

APRIL 3, 2024

Procurement's Road to Victory Breaking down ways Sourcing Heroes can establish connections and create value at every juncture on procurement’s road to victory. By Mackenzie Oakley | April 4, 2024 Search Search Some heroes wear capes, and some … read contracts? Absolutely. Mark Grieco is one such hero. A practicing procurement attorney and long-time educator, Mark works deep in the procurement trenches, simultaneously litigating or consulting on contracts on behalf of corporations while te

Real-time Visibility 52

Real-time Visibility Contract Procurement Project management 52

Positive Purchasing

APRIL 3, 2024

We are excited to announce that we are exhibiting at Learning Technologies on 17-18 April 2024! Learning Technologies is Europe’s leading showcase of organizational learning and the technology used to support learning at work. With over 10,000 attendees from 50 different countries, 200 unmissable seminars and 200 international exhibitors expected this year, this event continues to grow in importance, value and attendance year after year.

Purchasing 52

Purchasing Supplier relationship management Category management Negotiation 52

The Thomas Blog

APRIL 3, 2024

Inbound and outbound lead generation are two distinct approaches to acquiring potential customers. Inbound focuses on attracting prospects through valuable content, while outbound employs interruptive tactics to reach them. Knowing the differences between inbound and outbound lead generation is essential, regardless of whether your goal is to get quick leads through direct communication or to establish trust through instructional content.

Strategy 52

Strategy Buyers Quality Purchasing 52

Supply Chain Brain

APRIL 3, 2024

E-commerce is bringing new opportunities to air cargo, both domestic and international, says Milind Tavshikar, chief executive officer of SmartKargo.

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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

CPO Rising

APRIL 3, 2024

Welcome to Procurement News, part of our ongoing aggregate news series covering recent supply management headlines and trends pertinent to Chief Procurement Officers and other procurement leaders! Contact us with your news story here.

Chief Procurement Officer 52

Chief Procurement Officer Procurement Supply management Management 52

Supply Chain Brain

APRIL 3, 2024

SupplyChainBrain's results-oriented approach revolves around "The Five Rings," representing key pillars of a successful marketing program.

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IBM Supply Chain Blog

APRIL 3, 2024

Over the next decade, AI will impact all industries and help shape which companies, teams and executives come out ahead. This is why we’ve seen so many early AI adopters in sports, where even the slightest competitive advantage can be the difference between first and second place. Take last year’s US Open , for example, where IBM watsonx™ projected the level of advantage or disadvantage of all players in the singles draw.

Data 65

Data Leadership Buyers Innovation 65

Supply Chain Brain

APRIL 3, 2024

The Elon Musk-owned EV company handed over less than 387,000 cars in the first three months of 2024, down 8% year-over-year.

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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

APRIL 3, 2024

On March 6, 2024, the US Securities and Exchange Commission (SEC) adopted rules to enhance and standardize climate-related disclosures by public companies and in public offerings. The commission’s adoption of the rules is two years in the making. The original proposed rules, issued in March 2022, aimed to ensure consistency in how publicly traded companies provided climate-related information to investors.

Sustainability 56

Sustainability Risk Strategy Risk management 56

Supply Chain Brain

APRIL 3, 2024

The Elon Musk-owned EV company handed over less than 387,000 cars in the first three months of 2024, down 8% year-over-year.

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Supply Chain Brain

APRIL 3, 2024

A major brand faced mounting pressure to adopt sustainable practices and reduce its environmental footprint. Consumers, retailers, and even regulators began demanding less (and penalizing) single-use plastic waste in the supply chain.

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Sustainability Demand Supply chain Supply 82

Supply Chain Brain

APRIL 3, 2024

The announcement comes nearly a year after a derailment in East Palestine, Ohio sparked a wide-ranging discussion regarding rail safety.

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