Tue.May 09, 2023

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Lost in Public Space: Exploring the Unknown with the Norwegian Public Sector Segment

ivalua

Ivalua Spend Management Insights [ivory-search] Lost in Public Space: Exploring the Unknown with the Norwegian Public Sector Segment May 9, 2023 | | Public Sector /by he I have spent most of my career in the private sector and started to get in contact with the space in recent years. Though the private and public sectors may appear to be distinct entities, a closer look reveals many shared characteristics.

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Invoice Reconciliation — Everything You Should Know

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Invoice Reconciliation — Everything You Should Know Invoice reconciliation can help businesses in fixing issues regarding payments. However, many people view it as a minor task. In this article, we will discuss what invoice reconciliation is.

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The Big Interview with Darren Jackson

Procurement Heads

For Procurement Heads ‘ latest Big Interview, he spoke with Will Cooke about his career and what he looks for when hiring. How did you get into procurement? By accident, as 99% of people probably say! I graduated in accountancy and finance and thought that was what I was going to do but I struggled to find a role at that time. I ended up in a temp job with a cycle manufacturer, basically just data entry within the supply chain.

Risk 130
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Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study

ivalua

Ivalua Spend Management Insights [ivory-search] Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study May 9, 2023 | | Innovation by Alex Saric In today’s age of uncertainty, procurement departments are under tremendous pressure. As the lynchpin to suppliers, they play a pivotal role in combatting the effects of inflation, ensuring supply continuity, complying with regulatory requirements, improving sustainability and other top business priorities.

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7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

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.

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The Big Interview with Darren Jackson

Procurement Heads

For Procurement Heads ‘ latest Big Interview, he spoke with Will Cooke about his career and what he looks for when hiring. How did you get into procurement? By accident, as 99% of people probably say! I graduated in accountancy and finance and thought that was what I was going to do but I struggled to find a role at that time. I ended up in a temp job with a cycle manufacturer, basically just data entry within the supply chain.

Risk 130
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Introducing the technology behind watsonx.ai, IBM’s AI and data platform for enterprise

IBM Supply Chain Blog

We stand on the frontier of an AI revolution. Over the past decade, deep learning arose from a seismic collision of data availability and sheer compute power, enabling a host of impressive AI capabilities. But we’ve faced a paradoxical challenge: automation is labor intensive. It sounds like a joke, but it’s not, as anyone who has tried to solve business problems with AI may know.

Data 132

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Accelerate your speed of business with IBM Event Automation

IBM Supply Chain Blog

Customer needs and market dynamics are constantly shifting from one moment to the next. There are thousands of business events flowing through every part of your organization every day. These events can provide a wealth of information about what’s actually happening across your business at any moment in time. Organizations that can capitalize on this continual stream of business intelligence can spot trends, issues and opportunities, address threats, and act quickly.

Sourcing 104
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Construction Industry Benefits from U.S. Factory-Building Boom

Supply Chain Brain

A backlog of orders and higher demand from new factories are boosting manufacturing companies and driving demand for materials like steel and the trucks needed to transport big industrial shipments.

Demand 98
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At IBM Think, partners are front and center

IBM Supply Chain Blog

If you’ve followed IBM over the past few years, you know how critical the IBM Ecosystem is to our growth strategy. It’s why we gave partners access to the same training and enablement as IBMers last year, launched a new partner program in January, and continue investing in and growing the IBM Ecosystem. So, it should come as no surprise that partners are front and center during our annual Think conference this week.

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U.S. Truck Drivers Push for Better Working Conditions: ‘We’ve Lost Our Patience’

Supply Chain Brain

Adjusted for inflation, the average pay for a truck driver in the U.S. in 1980 was about $110,000 annually, compared with about $48,000 in 2023.

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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

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.

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Reshaping IT automation with IBM Watson Code Assistant

IBM Supply Chain Blog

In today’s digital world, business and IT leaders are turning to automation to improve operational efficiency, increase employee productivity and, ultimately, boost business performance. At IBM, we believe that organizations need AI coupled with automation to help developers reduce time to productivity. By empowering employees with automation and AI technologies like machine learning , deep learning , and natural language processing , IT organizations can narrow skills gaps and enable deve

Quality 89
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Cybersecurity risk could soon become buying criteria for CSCOs

SCMR (Supply Chain Management Review)

As cyber threats increase, 60% of chief supply chain officers expect risk assessments to become part of the standard business relationship.

Risk 96
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Complaints against ocean carriers lead to over $1M in refunds

Supply Chain Dive

After the FMC established a formal complaint process, more shippers have pushed back against perceived price gouging and unreasonable fees.

Price 91
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Bring light to the black box

IBM Supply Chain Blog

It is well known that Artificial Intelligence (AI) has progressed, moving past the era of experimentation to become business critical for many organizations. Today, AI presents an enormous opportunity to turn data into insights and actions, to help amplify human capabilities, decrease risk and increase ROI by achieving break through innovations. While the promise of AI isn’t guaranteed and may not come easy, adoption is no longer a choice.

Ethics 75
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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

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.

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Portland, Oregon to pilot zero-emission delivery zone

Supply Chain Dive

Diesel and gas-powered trucks can transfer goods to environmentally friendly transport modes that then make deliveries within a designated area.

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What CPOs Need to Know About Predictive Procurement Orchestration

Arkestro

Resources / Blog / What CPOs Need to Know About Predictive Procurement Orchestration What CPOs Need to Know About Predictive Procurement Orchestration The vast majority of Chief Procurement Officers (CPOs) believe in the power of procurement data to make better-informed decisions across their organization. In fact, they believe the potential of procurement data is so big, it could completely revolutionize the way they do their jobs.

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Associated Foods teams up with Symbotic for warehouse automation

Supply Chain Dive

The grocery wholesaler will use the technology provider’s automated warehouse system in a Utah distribution facility.

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37 Top Procurement Podcasts (in 2023)

Procurement Software

There are so many procurement podcasts out there. Sometimes, it’s hard to know where to start your search. The amount of procurement related content has mushroomed since the pandemic, and the flourishing podcast scene is a great example of this. So, we’ve put together the most comprehensive list out there. In the end, we picked out our top 37 procurement podcasts.

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Scaling Logistics for Success: A White Claw Story

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

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Oatly names new CEO

Supply Chain Dive

Global President Jean-Christophe Flatin, who spearheaded a push to an asset-light production model, will take over as chief executive June 1.

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How Benchmarking Supplier Diversity Drives Performance

Art of Procurement

Investments in supplier diversity can have a significant impact on an organization’s performance, cost savings, competitiveness, brand reputation, and access. The post How Benchmarking Supplier Diversity Drives Performance appeared first on Art of Procurement.

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Dollar General boosts supply chain with new DCs

Supply Chain Dive

The addition of three new facilities expands storage and distribution capacity for the retailer.

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ISM Semiannual report calls for lower growth in manufacturing and services sectors in 2023

SCMR (Supply Chain Management Review)

While growth is expected to remain in the cards, for the manufacturing and services sectors, over the balance of 2023, it is no longer set to expand at the same rates as were previously indicated, according to the “Spring 2023 Semiannual Economic Forecast,” which was issued this week by the Institute for Supply Management (ISM).

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GEP Procurement & Supply Chain Tech Trends Report

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?

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Ivalua NOW Americas 2023: Breaking new ground

Spend Matters

Categories: Conferences , Source to Pay Tags: Conferences and Events Last week, Spend Matters analysts attended Ivalua’s annual Americas conference in Nashville, Tennessee. Located at the historic Country Music Hall of Fame, the two-day event featured keynotes, breakout sessions, solution demonstrations, partner/sponsor booths and more. The first Ivalua NOW conference in 2023 took place in Paris in late March.

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How IBM and will.i.am are empowering creatives with FYI

IBM Supply Chain Blog

What do will.i.am and IBM have in common? As it turns out, quite a lot.  Like IBM, the entrepreneur, musician, and philanthropist has made a significant mark on the technology industry. In his role as a futurist, will.i.am helped companies like Apple and Deutsche Telekom. He also shares IBM’s commitment to empowering the next generation of tech leaders, via his i.am/Angel Foundation, funding STEAM education and robotics programs for 12,000 students from disadvantaged backgrounds.R

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Guard Against Price Erosion With Revenue Optimization and Compliance

Supply Chain Brain

While high-tech and semiconductor manufacturers can’t solve macroeconomic challenges, they can optimize their revenue strategy to guard against price erosion.

Price 52
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Dollar General boosts supply chain with new DCs

Supply Chain Dive

The addition of three new facilities expands storage and distribution capacity for the retailer.

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Supply Chain Orchestration: A New Era in Supply Chain Management

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.

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OPEC+ Curbs Spark 85% Rout in Oil Tanker Rates After Boom

Supply Chain Brain

The pull-back will likely offer some relief to the oil market, where long-haul arbitrage cargoes have had more difficulty due to elevated freight rates.

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How Digitization is Enhancing Supplier Relationship Management

The Network Effect

The post How Digitization is Enhancing Supplier Relationship Management appeared first on The Network Effect.

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CMA CGM Committed to Buying Bolloré’s Logistics Unit

Supply Chain Brain

CMA CGM said it is committed to acquiring Bolloré Logistics for €5 billion in a deal that would add 14,000 employees to the company's workforce.

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Where is procurement tech headed? Solo episode with James Meads

The Procuretech Podcast

Welcome back to series 4 of The Procuretech Podcast! Join procurement content creator and consultant James Meads as he hosts weekly conversations with experts in the digital procurement space. With insights from thought leaders and news on the latest tech, we aim to excite and inspire you about the future of the industry. Introduction to Series 4 – Solo Episode with James Meads This episode is something a bit different.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

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.