Wed.Jun 28, 2023

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Procurement Tracking – Everything You Should Know

Procurement Tactics

 Menu Course Library 1. Negotiation Course Learn from industry experts who negotiated billion $ deals 2. Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. ChatGPT & AI Use ChatGPT to automate procurement processes Access To All Unlimited access to all courses & templates Platform For Teams Procurement Tactics For Teams Where procurement teams build better skills, fas

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CPO SPOTLIGHT: AMANDA DAVIES

Procurement Heads

Amanda Davies is Chief Procurement and Sustainability Officer at Mars Wrigley and a member of the Mars Wrigley Global Executive Team, based in Chicago, Illinois.   In her current role, she is responsible for connecting the dots between Mars Wrigley’s sustainability goals and the needs of their supply chain.  Amanda oversees the environmental impact of more than 15,000 suppliers that Mars works with, while also unlocking the possibility that their suppliers and partners can bring into the busines

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Commodity Trading — Everything You Should Know

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Commodity Trading — Everything You Should Know Commodity trading plays a vital role in the way of how our lives work and how the economy functions. Each of the essential resources that we consume every day is acquired through commodity trading.

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UPS strike ‘now appears inevitable,’ Teamsters president says

Supply Chain Dive

The union called on the company to provide "its last, best, and final offer" by Friday.

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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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Digital transformation key attributes: Challenges, enablers & success factors

SCMR (Supply Chain Management Review)

When a company undergoes digital transformation, it integrates new technology throughout its operations to spur substantial shift. The most important fact for doing this is to improve effectiveness, enhance adaptability, and create brand-new value for the shareholders, customers and even employees.

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New Railroad Agreement Would Link Mexico, Texas and the Southeast U.S.

Supply Chain Brain

Under the proposed transactions, CPKC and CSX would each acquire or operate portions of Meridian & Bigbee Railroad (MNBR), a railway in Alabama and Mississippi owned by G&W.

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More Trending

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What is slow productivity?

IBM Supply Chain Blog

Slow productivity can be defined as working at a slower pace on fewer tasks at a time to increase workplace productivity and satisfaction. The trend toward slow productivity is for businesses and employees to rethink what productivity looks like and create an environment where quality of work is emphasized over quantity of work. In his book Rest: Why You Get More Done When You Work Less , Silicon Valley consultant Alex Soojung-Kim Pang describes taking a working sabbatical where he got an enormo

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Sen. Tillis Co-Introduces Legislation to Limit the Department of Energy's Power

Supply Chain Brain

Under the proposed law, all U.S. distribution transformers would be required to shift from industry-standard grain-oriented electrical steel cores to amorphous steel cores.

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Jaggaer: Vendor Analysis, 2023 update (Part 2) — P2P solution strengths and weaknesses, tech selection tips

Spend Matters

This second part in the three-part Spend Matters Vendor Analysis 2023 update focuses on the strengths and weaknesses of Jagger’s Procure-to-Pay (P2P) solution. We also look at the elements to consider when looking at Jaggaer as a potential solution provider. Part 1 of the series provides background on Jaggaer, an overview of Jaggaer’s P2P solution, a company-level SWOT analysis and profiles of competitors.

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Boeing’s Main 737 Supplier, Union Forge Agreement to End Strike

Supply Chain Brain

The latest terms of the contract sweeten management’s previous offer of health insurance and increased wages while also limiting mandatory overtime.

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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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Jaggaer: Vendor Analysis, 2023 update (Part 1) — Procure-to-Pay solution overview, market analysis, company SWOT, competitors

Spend Matters

This article is the first in a series of three that covers Jaggaer’s Procure-to-Pay (P2P) offering, which is a subset of its larger Jaggaer ONE platform. As mentioned in our S2C vendor analysis (here), Jaggaer is not an old brand name, but the company is a veteran of the digital procurement space. Before being called Jaggaer, the company was known as SciQuest, which dates back to 1995.

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Delivering a performance edge to warehouses, distribution and fulfillment centers

SCMR (Supply Chain Management Review)

Join this informative webinar to learn of new mobility, automation, and sensor technologies and new ways of applying existing technologies can make this achievable.

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Jaggaer: Vendor Analysis, 2023 update (Part 3) — P2P solution details and analyst summary.

Spend Matters

This third part in the three-part Spend Matters Vendor Analysis 2023 update gives a detailed solution overview of Jaggaer’s Procure-to-Pay (P2P) offering, an examination of each of its modules and an analyst summary to end the series. Part 1 focuses on the company background, general capabilities, a SWOT analysis and Jaggaer’s competitors. Part 2 looks at the solution’s strengths/weaknesses and offers tech selection tips.

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US Postal Service weathers ‘unprecedented decline’ in international volume

Supply Chain Dive

To combat the drop, the watchdog report suggests the agency develop commercial shipping options and make the postal channel easier to use.

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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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Five Supply Chain Strategies to Avoid Risk and Enable Sustainability

Supply Chain Brain

Building resilient and sustainable supply chains is emerging as an important element in corporate risk-mitigation strategies.

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Why Global Defense Organizations Need a Joint Ammunition Management System

The Network Effect

The benefits of a joint ammunition management system for global defense organizations is are tremendous. This article explores ammo management.

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Hydrogen Production Project Awarded €20M Grant by European Commission

Supply Chain Brain

The HOPE project aims to develop, build and operate the first 10 MW hydrogen production unit off the coast of Belgium by 2026.

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Trader Joe’s to build 1M-sq-ft distribution center in California

Supply Chain Dive

The 104-acre site will have three structures, including a 211,000-square-foot freezer building, and host nearly 1,000 workers, the city of Palmdale announced.

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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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China's CATL in Talks to Build EV Battery Recycling Sites in Europe

Supply Chain Brain

The company is also seeking partners to set up recycling sites in North America, said chief manufacturing officer Ni Jun June 28.

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US ‘by far’ the top importer of at-risk products as modern slavery grows to 50M people

Supply Chain Dive

Global conflict, COVID-19 and climate change have exacerbated forced labor issues, according to the latest index from Walk Free.

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Driving Competitive Advantage with Integrated Demand & Supply Planning

SCMR (Supply Chain Management Review)

Join Blue Yonder as we discuss how Integrated Demand and Supply Planning supports manufacturers’ growth and manages disruptions with unified, connected supply chain plans across the value network.

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Nestle Puts KitKat Carbon Neutrality in Greenwashing Graveyard

Supply Chain Brain

Nestle joins airline EasyJet Plc and Gucci owner Kering in backing away from so-called carbon offsetting as a way to meet net zero emissions targets.

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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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DHL relocates Orlando, Florida, e-commerce facility to handle more volume

Supply Chain Dive

The integrator’s eCommerce Solutions unit is moving to a larger site that will double its footprint in the city.

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U.K. Considers Nationalization of Thames Water as Crisis Escalates

Supply Chain Brain

Thames’ bonds tumbled on June 28, just one day after CEO Sarah Bentley suddenly stepped down from her position amid concerns over the firm's financial stability.

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The Future of xP&A and Supply Chain Planning – Part 1

Supply Chain Trend

Extended Planning & Analysis (xP&A) , is the evolution of financial planning beyond the finance function. It requires planning that is highly integrated with other business functions, a transformation of analytics , and a business partner culture, which combined lead to the requirement for modern FP&A skills in the workforce. In two articles, based on the webinar “XP&A in action: Enhancing FP&A Agility with Supply Chain Planning” , I will discuss the future of xP&A and su

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New energy and carbon emission tools for your business applications with IBM Turbonomic

IBM Supply Chain Blog

IT teams are tasked with improving energy efficiency and reducing their overall carbon footprint and waste in data centers—on-premises or in the cloud. IT operators often face challenges to know just how much energy IT applications use or which ones are generating more carbon emissions in order to target the biggest offenders and make the appropriate updates.

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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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Watch: The Changing Technology Landscape in Supply Chain

Supply Chain Brain

Artificial intelligence enhances alignment of supply and demand, says Matt Hoffman, vice president of product industry solutions at John Galt Solutions.

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The Role of a Procurement Agent in Streamlining Business Operations

Procurement Freelancers

Organisations often depend on procurement agents in today’s highly competitive business climate to maximise the… The post The Role of a Procurement Agent in Streamlining Business Operations first appeared on Procurement Blog | Procurement & Supply Chain News.

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SCB Marketing Summit: Supply Chain Execs, Editors Share Tips on Marketing and PR

Supply Chain Brain

Some of the executives at the Global Supply Chain Marketing Summit expressed surprise at how infrequently they were asked by their service providers to participate in a case study.

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What’s new in Fraxion: Insights operational efficiency dashboards

Fraxion

We’re excited to introduce the latest enhancements to our embedded spend analytics tool, Insights. We recently launched operational efficiency dashboards that provide an overview of the performance of an organization’s request to purchase order cycle and approval times in Fraxion. These insights enable financial managers to identify process bottlenecks and compare the turnaround time of their average cycles against the benchmarks of the wider user base in the Fraxion community.

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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.