Wed.May 10, 2023

article thumbnail

UPS, Teamsters kick off high-stakes national contract negotiations

Supply Chain Dive

The delivery giant is optimistic about reaching an agreement, but some say the risk of a strike is higher than in previous years.

article thumbnail

Cost Savings Through Reverse Auction Software in Purchasing

ProcurePort

In the world of purchasing, every dollar counts. Companies are always looking for ways to optimize their procurement processes and achieve cost savings to improve their bottom line. One tool that has gained considerable attention in recent years is reverse auction software. By leveraging this technology, businesses can streamline their purchasing operations, enhance supplier competition, […] The post Cost Savings Through Reverse Auction Software in Purchasing appeared first on ProcurePort

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

ERP Master Data: A Guide to Improve Quality & Governance

SCMDOJO

In today’s fast-paced business world, organizations are increasingly relying on technology to streamline their operations and stay competitive. One such technology that has gained immense popularity in recent years is Enterprise Resource Planning (ERP) systems. ERP is a broad term that encompasses the financial, manufacturing and distribution capabilities of a company.

Quality 124
article thumbnail

Implementing Strategic Sourcing Software: The Initial Steps

ProcurePort

• Improved Cost Efficiency: Strategic sourcing software enables businesses to analyze and optimize their procurement processes, resulting in significant cost reductions and improved supplier negotiation outcomes. • Enhanced Supplier Collaboration: By streamlining communication and fostering transparency, strategic sourcing software strengthens relationships with suppliers, leading to better collaboration, risk mitigation, and long-term partnerships.

article thumbnail

Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“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.

article thumbnail

US supply chain salaries rose 3% since last year: study

Supply Chain Dive

Newer employees and those who switched jobs received larger raises than others, according to a survey from the Association for Supply Chain Management.

article thumbnail

Overcoming Supply Chain Challenges in 2023

Supply Chain Brain

The priorities of supply chain managers are changing. The ultimate goal today is customer centricity.

More Trending

article thumbnail

U.S. Supply Chain Professionals Saw Salaries Increase in 2022

Supply Chain Brain

The median salary for U.S.-based supply chain professionals rose to $98,570 in 2022, a 3% increase when compared to 2021.

article thumbnail

Expert roundtable: What the future holds for sidewalk delivery robots

Supply Chain Dive

Executives and researchers share their takes on what the emerging transportation method will offer ten years from now.

111
111
article thumbnail

Episode 114: Creating a Difference in Sustainable Packaging with Cory Connors

Una

EPISODE 114 Creating a Difference in Sustainable Packaging with Cory Connors By Kelly Barner | May 10, 2023 As goods move through the supply chain, the amount of packaging that moves with them is mind boggling. Efforts to increase operational sustainability are gaining steam worldwide, which means that what that packaging is made of and what happens to it after a delivery has been made are of greater concern than ever before.

article thumbnail

DoL Photos Show Children Illegally Working in U.S. Slaughterhouse

Supply Chain Brain

In February, the labor department fined PSSI $1.5m for employing at least 102 children ages 13 to 17 across 13 meat-packing plants in eight states.

97
article thumbnail

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

article thumbnail

ProcessUnity: Vendor Analysis — Third-party risk management solution overview, roadmap, competitors, tech selection tips, analyst summary

Spend Matters

Categories: Procurement Systems & Architecture , risk-compliance-management Tags: PRO In this Spend Matters PRO Vendor Analysis we provide an overview of ProcessUnity and its solution for third-party risk management. In today's global economy, companies rely heavily on suppliers to provide them with the materials and resources they need to operate their businesses.

article thumbnail

Supply chain professional salaries up 3%, approaching $100K annually

SCMR (Supply Chain Management Review)

Supply chain data released by the Association for Supply Chain Management found that the median salary in the industry is nearly $100,000, almost $30,000 more than the average American salary.

article thumbnail

How IBM is helping organizations accelerate their adoption of intelligent automation solutions

IBM Supply Chain Blog

This week, we’re thrilled to bring together thousands of IBM clients, partners, business leaders and stakeholders at our annual Think® Conference being held in Orlando, Florida. For IBM, Think is all about how we support organizations in their digital transformation and help them compete in their markets via the use of technological innovation.

article thumbnail

Buying Guide for S2P Solutions for Global Defense Companies

HICX

This Buying Guide for Aerospace & Defense organizations looks at how to create an integrated global and centralized source-to-pay (S2P) solution, in a heavily regulated and highly decentralized environment. Despite the challenges, there is a lot of synergy to be gained by deploying a global solution. However, to be successful, defense organizations should be wary of traditional approaches pushed by S2P suite vendors and the respective implementation consultants.

article thumbnail

How Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform

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.

article thumbnail

Seven strategic bets to capitalize on disruption and redefine your business

IBM Supply Chain Blog

The future belongs to those leaders willing to make bold, informed bets today. To take action, business leaders need the foresight to peer around the corner—and take decisive action based on what they see. Today, we launched a new IBM Consulting report, Seven Bets , that identifies major trends we expect to shape the world in the near future, and the strategic bets leaders should make to benefit from them and redefine their business.

article thumbnail

Watch: How Will Supply Chains Be Impacted by Economic Uncertainty?

Supply Chain Brain

Andrea Sordi, lecturer in the Supply Chain Management Department of the University of Tennessee, discusses how retailers are transforming their supply chains in the face of a possible recession.

article thumbnail

Create a Standardized Contract Service Agreement (Free Template)

ContractSafe

Service agreements can be overwhelming — but they’re also very important. Whether you’re a business owner looking to clarify the expectations of your service provider or a freelancer wanting to ensure your rights are protected, it’s vital to get things right from the start.

article thumbnail

Europe Gas Extends Drop With Record Amounts of LNG Idling at Sea

Supply Chain Brain

Aggregated speed for the global LNG vessel fleet has declined, going from an average of about 14 knots for April in previous years, down to 13 knots in April 2023.

52
article thumbnail

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.

article thumbnail

ISM World 2023

Arkestro

Events / ISM World 2023 Thank you for attending, ISM World 2023 May 7-10, 2023 | Grapevine, TX Whether you attended networking sessions with us or simply stopped by our booth, we are so glad to have met you at ISM World 2023! As a special thank you, we’d like to offer you access to a few high value assets: Arkestro – Right Supplier. Right Price.

article thumbnail

New FourKites Capabilities Bolster Global Air Freight Visibility

Supply Chain Brain

FourKites launched several capabilities to bolster global air freight visibility including new dashboards, data comparison tools, split shipment features, booking functions and air shipment mechanisms.

Data 52
article thumbnail

Gartner Supply Chain Symposium Xpo 2023

Arkestro

Events / Gartner Supply Chain Symposium Xpo 2023 It was great seeing you at the Gartner Supply Chain Symposium Xpo May 8-10, 2023 | Orlando, FL Whether you attended networking sessions with us or simply stopped by our booth, we are so glad to have met you at the Gartner Supply Chain Symposium! As a special thank you, we’d like to offer you access to a few high value assets: Arkestro – Right Supplier.

article thumbnail

The Procurement Digital Transformation of Club del Sole with JAGGAER

Jaggaer

The post The Procurement Digital Transformation of Club del Sole with JAGGAER appeared first on JAGGAER.

article thumbnail

Procurement Is Navigating a Tech Tsunami (and It’s Upending How You Work)

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.

article thumbnail

Reuters Supply Chain USA 2023

Arkestro

Events / Reuters Supply Chain USA 2023 Thanks for connecting with us at Reuters Supply Chain USA May 17-18, 2023 | Chicago, IL Whether you attended the Keynote Panel with Target, Newell Brands, Okabashi, Supply Chain NOW and Arkestro or simply stopped by our booth, we are so glad to have met you at Supply Chain USA 2023! As a special thank you, we’d like to offer you access to a few high value assets: Arkestro – Right Supplier.

article thumbnail

Macquarie Seeks Buyer for Ceres Terminals

Supply Chain Brain

Macquarie is looking for $1 billion for the business but strategic buyers in the shipping sector may be limited.

Buyers 52