Wed.May 10, 2023

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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

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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.

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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.

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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.

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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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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.

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Overcoming Supply Chain Challenges in 2023

Supply Chain Brain

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

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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.

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Drone firm Zipline lands GNC, other customers for home delivery service

Supply Chain Dive

The companies will be using Zipline's Platform 2 offering, which leverages a drone-droid combo to deliver orders.

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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.

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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.

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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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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.

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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.

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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.

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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.

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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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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.

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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.

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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.

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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.

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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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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.

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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.

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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.

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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.

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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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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.

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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.