Supply Chain Dive

OCTOBER 16, 2024

The agency submitted a proposal to eliminate the practice as it transforms its relationships with shipping partners like UPS and DHL.

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Spend Matters

OCTOBER 16, 2024

Continuing our third-party/supply chain risk management (TPRM/SCRM) series, today let’s address the question of ‘who owns risk?’ In the past, risk ownership has been addressed in a straightforward operational manner: IT owned cyber risk, finance guarded financial risk and so on. While this functional silo approach is simple, it is inadequate in today’s interconnected business… This content is for members only.

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Risk Procurement Risk management Supply chain 123

Supply Chain Dive

OCTOBER 16, 2024

At least 44% of winter wheat production is currently affected by the dry conditions, per the Department of Agriculture.

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Spend Matters

OCTOBER 16, 2024

Financial risk relates to the possible financial problems faced by a buying organization’s suppliers, its suppliers’ suppliers (and so on) or other third parties. In an extreme case, the supplier or third party may go out of business, causing a short- or longer-term interruption to supply. But even if matters don’t go that far, what the buyer might begin to observe in the face of a supplier’s impending failure is a decline in quality and timeliness of service, requests for early invoice payments

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Risk Risk management Suppliers Raw materials 117

Advertiser: GEP

“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.

Supply chain

Supply Chain Dive

OCTOBER 16, 2024

Extreme weather and labor unrest are putting shippers and forwarders to the test, making October a 'whole new ballgame,' said Xeneta’s Niall van de Wouw.

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Supply Chain Brain

OCTOBER 16, 2024

The consumer packaged goods industry finds itself at a critical juncture with 2025 on the horizon.

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Price 111

Supply Chain Brain

OCTOBER 16, 2024

GM is aiming to source more of its raw materials for electric vehicles from the U.S, to manage battery cell costs and decrease its reliance on imported materials.

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Raw materials Sourcing Import Management 98

NLPA (Next Level Purchasing Association)

OCTOBER 16, 2024

With today’s mix of hybrid and remote work, knowing how to deal with difficult stakeholders has become more critical than ever. Navigating digital communication and shifting project priorities isn’t always easy, especially when stakeholders are challenging to engage. Below, we’ll go over some common signs of difficult stakeholders and provide practical strategies for overcoming these challenges.

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Supplier relationship management Leadership Strategy Procurement 52

Supply Chain Brain

OCTOBER 16, 2024

China has threatened to raise tariffs on large-engine vehicles and said it will start collecting duties on cognac, in moves that would hit the EU’s two largest economies.

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Procurement Insights

OCTOBER 16, 2024

I was somewhat young when I first watched the 1966 Dracula: Prince of Darkness movie with Christopher Lee in the star role. As a side note, my older brothers always felt the Bela Legosi’s earlier version was much better, but I disagreed. Anyway, after watching the movie one Saturday night, I was a little creeped out. So, that night under a cross my brother made with burnt matchsticks at camp, I wore a turtle neck sweater to bed.

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Procurement Leadership Sustainability Supply chain 52

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

Innovation

Supply Chain Brain

OCTOBER 16, 2024

In early October, the CUPE claimed that talks had stalled out over how the MEA manages scheduling, with the union pushing for a better work-life balance.

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Management 98

CPO Rising

OCTOBER 16, 2024

CPO Rising’s Technology Round-Up series continues this week with fresh supply management technology news and updates covering a few recent major announcements. If you are a sourcing, procurement, or spend… The post Technology Round-Up — October 16, 2024 appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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Chief Procurement Officer Supply management Sourcing Procurement 52

Supply Chain Brain

OCTOBER 16, 2024

Port authorities are working closely with the terminal’s management to ensure the port’s operations can resume normal activity as quickly as possible.

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Management 98

Procurement Express

OCTOBER 16, 2024

Graduating from college is a significant milestone, but for many, it comes with the burden of student debt. However, there are ways to navigate through college without accumulating debt. In this blog, we will explore practical strategies and insights shared by experts who have successfully graduated debt-free, along with tips on managing finances effectively.

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Strategy Budget Ethics Management 52

Advertiser: GEP

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.

Procurement

Supply Chain Brain

OCTOBER 16, 2024

ONE has also gained Approval in Principle (AiP) for an ammonia dual-fueled vessel, and has made strategic investments in 12 13,000 TEU methanol dual-fuel vessels.

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Procurement Express

OCTOBER 16, 2024

In an unpredictable financial environment, understanding the complexities of debt can be crucial for businesses. This blog delves into the intricacies of distressed debt, exploring how companies can navigate these challenging waters and the implications of financial mismanagement. Drawing from real-world experiences, we will explore the dynamics of distressed debt funds, covenants, and the process of reorganization through Chapter 11 bankruptcy.

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Influencing Strategy Purchasing Management 52

TYA Suite

OCTOBER 16, 2024

The procure-to-pay (P2P) cycle is a critical process that encompasses the entirety of procurement and payment activities within an organization. It entails the actions taken from purchasing to paying for the products or services. Efficient management of the P2P process cycle is critical for enhancing operational efficiency, controlling costs, improving supplier relationships, and ensuring compliance.

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Purchase orders Procurement Supply Chain Efficiency Purchasing 40

Spotlight on Procurement

OCTOBER 16, 2024

Simon Clark, Managing Director of Birmingham and Solihull Procurement Collaborative, and Matt Oram, CEO & Co-founder of AdviseInc Ltd, dive into the critical role of procurement in the NHS, focusing on the challenges and opportunities presented by data management, financial constraints, and the evolving nature of supply chain practices in healthcare.

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Data Innovation Procurement Collaboration 40

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.

Risk