Mon.Nov 18, 2024

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Avoiding the AInxiety trap

Procurement Leaders

It’s amazing how revitalising a few days in the company of a group of procurement leaders can be. Guaranteed to recharge the inspiration batteries, face-to-face time with members is what’s best about being in this role. And being in Singapore for the Asia Pacific Procurement Congress last week left me in no doubt that the region continues to be a powerhouse of energy, innovation, creativity and growth.

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smartKYC: Vendor Analysis — Supplier risk solution overview, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis gives an overview of smartKYC, a risk (supplier due diligence) solution built to ensure that organizations stay on top of reputational and compliance risks. With the increasing number of regulations in recent years that require companies to perform due diligence in their supply chains, e.g., the German Supply Chain Act, California Supply Chain Act, and EU’s Corporate Sustainability Due Diligence Directive (CS3D), companies are faced with multiple challeng

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5 Ways to Get Paid Faster: Streamlining Your Cash Flow

Finale Inventory

In today’s fast-paced business environment, maintaining a healthy cash flow is crucial for success. Delayed payments can hinder growth, strain relationships with suppliers, and create unnecessary stress. Let’s explore five strategies to accelerate your payment collection process by 20%-80% 1 and improve your financial health. 1. Implement Accounts Receivable (AR) Automation One of the most impactful ways to speed up payments is with an AR automation platform.

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From Harvest to Table: How Cranberry Supply Chains Thanksgiving

All Things Supply Chain

Imagine it’s Thanksgiving night. The turkey is roasted to perfection, the mashed potatoes are steaming on the table, and the sweet potatoes are ready to serve.

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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.

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China’s Chancay Megaport in Peru Opens

Supply Chain Brain

The China-backed megaport has the potential to create whole new trade routes that will bypass North America entirely.

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Ralph Lauren sources ‘single digit percentage’ of its products from China

Supply Chain Dive

The fashion brand's globally-diversified production footprint makes it well-positioned to mitigate potential tariff hikes, CEO Patrice Louvet said.

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More Trending

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USPS plans 2025 rate hikes, including big Parcel Select increase

Supply Chain Dive

The pricing changes, slated to take effect in January, aim to provide a revenue boost for the financially struggling agency.

Price 123
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ChatGPT Assesses McKinsey, Gartner, Busch, Hansen, and Barner

Procurement Insights

Choosing the best source for procurement and supply chain information and practical guidance depends on your organization’s needs, the type of advice you seek, and the stage of your procurement transformation. Each of the mentioned sources—McKinsey, Jason Busch, Jon Hansen, Kelly Barner, and Gartner—offers unique strengths and perspectives: 1.

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Amazon delivery tweaks among USPS’ peak season preparations

Supply Chain Dive

The agency will also lean on expanded processing capacity and early morning courier routes to strengthen holiday service reliability.

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The Red Flags That a Supplier Might Be Having Financial Challenges

Supply Chain Brain

When it comes to assessing and managing the health of one’s suppliers, anticipating and mitigating risk is crucial to maintaining operational stability.

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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

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Home Depot will leverage experience to tackle tariffs

Supply Chain Dive

The home improvement retailer plans to take a "differentiated" approach built on its previous efforts to navigate higher duties.

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Boeing to Lay Off 2,200 Workers in Washington State

Supply Chain Brain

In a note to employees in October, CEO Kelly Ortberg told workers that the company needed to align its staffing levels with its "financial reality.

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Dollar General opens Colorado distribution center

Supply Chain Dive

The Aurora location will support the company’s growing private fleet and help it shift away from less efficient temporary facilities.

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DOE Unveils Roadmap for Decarbonizing U.S. Industrial Sector

Supply Chain Brain

According to the DOE, industrial manufacturing accounts for roughly 20% of annual greenhouse gas emissions in the U.S.

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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.

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BJ’s names new chief operations officer, chief supply chain officer

Supply Chain Dive

The promoted executives will both be involved in distribution and logistics operations

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MTA Approves New Congestion Tolling Rates for NYC

Supply Chain Brain

In June 2024, New York Governor Kathy Hochul called off an earlier version of the congestion pricing plan just two weeks before it was supposed to go into effect.

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5 times you might need expedited or premium freight services

Supply Chain Dive

When time is of the essence, here’s when expedited freight can make all the difference.

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Non-Disclosure Agreements: Your Guide To Protecting Confidential Information

ContractSafe

Learn about non-disclosure agreements (NDAs) in this guide. Draft, customize, and manage NDAs effectively to protect your confidential information.

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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.

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Boosting supplier collaboration: Molex’s digital supply chain journey

Supply Chain Dive

Strategies like the ones employed by Molex can lead to improved efficiency, reduced costs and enhanced customer satisfaction.

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When it comes to implementing AI are you using “pour milk on a cat” logic?

Procurement Insights

What does “pour milk on a cat” logic for ProcureTech AI implementations mean?

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What restaurants, suppliers can learn from McDonald’s E. coli outbreak

Supply Chain Dive

The fast food giant’s initial response to the outbreak was quick, but guest sentiment suffered from a lack of direct consumer messaging.

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The fatal flaw of McKinsey’s four Cs of digital transformation

Procurement Insights

EDITOR’S NOTE: Have a look at the graphic below. While it has agent-based model development and implementation elements, it still seems to be focused on the equation-based tech theme. What do you think? My Thoughts Here is an excerpt from the following post – [link] Whenever I am asked “about the “evergreen” evolution of high-tech computing, my answer has always been the same – it’s not about the technology but the problems the technology solves.

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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.

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Magnus Mondays — Flexibility or Control? Why Not Both?

CPO Rising

For the last decade or so, the go-to solution for automating the Procure to Pay (P2P) process has been … wait for it … P2P suites. The P2P process covers… The post Magnus Mondays — Flexibility or Control? Why Not Both? appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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Honda weighs production pivot ahead of potential tariffs

Supply Chain Dive

The automaker is committed to ramping up U.S. electric vehicle production despite the incoming Trump administration's tariff threats, an executive said.

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U.S. Trade Chief Stresses Targeted Approach to Tariffs Against China

Supply Chain Brain

Tai cautioned against the use of blanket tariffs such as those proposed by Donald Trump, who has vowed to enact 60% levies on all Chinese imports.

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