ProcurePort

AUGUST 21, 2023

1. Greater Cost Savings Optimized Spend Analysis: One of the primary advantages of leveraging procurement technology is the potential for cost savings. Advanced systems analyze spending, ensuring every dollar is accounted for and purchases follow company policies and contracts. Discount Management: With procurement technology, companies can seamlessly track supplier discounts or promotional offers, ensuring they […] The post Benefits of Implementing Procurement Software appeared first on P

Procurement 130

Procurement Contract Purchasing Suppliers 130

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” That was fun, right? In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains. Beyond dance moves, they offer bite-sized insights for success, promising to elevate you above inefficiencies.

Supply Chain Optimization 97

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 97

Supply Chain Brain

AUGUST 21, 2023

Robotics and artificial intelligence are changing more than the warehouse, says Ray Roberts, enterprise sales executive at Logiwa. An example: Autonomous vehicles are becoming more active in trucking.

Logistics 98

Logistics 98

SCMR (Supply Chain Management Review)

AUGUST 21, 2023

The ERP system sits at the center of the other supply chain systems and the overall connectivity. As the source of truth, this is where the foundational data should be stored.

Supply chain 85

Supply chain Sourcing Data Supply 85

Advertiser: GEP

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.

Supply chain

Supply Chain Brain

AUGUST 21, 2023

The brands that will win are those capable of intelligently combining more efficient sourcing with flexible production methods and products, while adapting to consumer expectations.

Sourcing 98

Sourcing 98

Supply Chain Dive

AUGUST 21, 2023

The spike follows last year’s painful stock clearing that “laid the groundwork for the recovery and profitability,” its CEO said.

Inventory 82

Inventory 82

Spend Matters

AUGUST 21, 2023

This Spend Matters Vendor Analysis provides an overview of Enable and its rebate management solution. Managing B2B rebates has become difficult in the current supply chain environment because the complexity of supply chains and deals has increased and processes and solutions have failed to evolve at the same pace as rebates. Rebates come in many different forms and vary by industry, which makes keeping track of them and maximizing savings hard.

Management 69

Management Market analysis Buyers Supply chain 69

Supply Chain Brain

AUGUST 21, 2023

Amazon Shipping is now available in the contiguous U.S., meaning the organization will handle packages sold on the company website as well as items from other selling channels.

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97

Supply Chain Dive

AUGUST 21, 2023

The service can deliver goods in two to five business days for shipments within the contiguous U.S.

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90

Supply Chain Brain

AUGUST 21, 2023

There is an optimal opportunity to improve efficiencies by streamlining store operations and pickup experience to maximize time serving customers.

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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.

Sustainability

Supply Chain Dive

AUGUST 21, 2023

The Can Manufacturers Institute warns that proposed tariffs could cause canned food prices to spike up to 30% while putting 40,000 jobs at risk. The Department of Commerce released its preliminary decision this week.

Import 65

Import Price Risk 65

Supply Chain Brain

AUGUST 21, 2023

The WindWings will allow shippers to save up to 1.5 tons of fuel per wing per day, meaning Pyxis Ocean can save up to three tons of fuel daily.

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98

Supply Chain Dive

AUGUST 21, 2023

The charges can range from 20 cents to $2.50 more per unit than the non-peak fee, depending on the item's size.

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77

Supply Chain Brain

AUGUST 21, 2023

Many organizations already use mobile robots and plan on expanding their fleets over the next three years.

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Advertiser: GEP

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.

Procurement

Supply Chain Dive

AUGUST 21, 2023

Rail shippers face pressure to drive efficiencies and conserve costs, but how? Here are 3 optimization opportunities.

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70

ContractSafe

AUGUST 21, 2023

The contract negotiation process can be tedious, but it doesn't have to be painful or unfair. Follow ContractSafe's six tips for negotiating contracts that (hopefully!) make all parties happy.

Negotiation 52

Negotiation Contract 52

Una

AUGUST 21, 2023

The Human Factor in Strategic Sourcing How to allow for the human factor in strategic sourcing to drive the success of procurement process optimization and cost efficiency efforts. By Hugo Britt | August 22, 2023 Search Search Graham Greene’s gentle spy novel, The Human Factor, explores the psychological burden placed on ordinary people working in espionage during the Cold War.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Ethics 52

Barkers Procurement

AUGUST 21, 2023

What is ‘carbon literacy’? Basically, carbon literacy is an awareness of climate change and how our everyday activities affect climate change. The Carbon Literacy Project gives a fuller definition of the term on the homepage of its website. How carbon literate are you, though? Below is a look in a little more depth at what it means to be carbon literate, at how to become (more) carbon literate, at why carbon literacy is important when working in procurement and also at our own achievements in ca

Ethics 52

Ethics Sustainability Procurement Contract 52

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

Logistics

Planergy

AUGUST 21, 2023

Clients and results More Customers We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Preparing Your AP Department For The Future", to learn: How to transition from paper and excel to eInvoicing.

Real-time Visibility 52

Real-time Visibility Purchasing supply chain software solutions Spend management 52

SCMR (Supply Chain Management Review)

AUGUST 21, 2023

In this Special Digital Edition of Supply Chain Management Review, we look at the changes e-commerce is driving, from adapting in-store operations, to building omni-channel capable warehouses.

Supply chain management 52

Supply chain management Supply chain management Supply chain Management 52

Let's Talk Supply Chain

AUGUST 21, 2023

Today I’m joined by MFG. With over $8 billion of product sourced, nearly 1 million RFQ’s and over 50,000 buyers and suppliers involved, they are the world’s largest manufacturing marketplace. MFG helps manufacturers grow their business by making it easy for them to be discovered by high-quality customers, while also making it easy for buyers to find manufacturing partners.

supply chain software solutions 52

supply chain software solutions e2e Buyers supply chain budgeting 52

Negotiations Ninja

AUGUST 21, 2023

Many salespeople sell something that might already exist in an organization. You have to get someone to change their mind to move toward your solution. That can be incredibly hard to achieve. There are often barriers you have to overcome. In most instances, there’s a present bias that accounts for someone’s reluctance to change.

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Advertiser: GEP

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?

Supply Chain Efficiency

Fraxion

AUGUST 21, 2023

We’re thrilled to announce that Fraxion has been recognized as a FrontRunner in the Expense Report software category on Software Advice, a Gartner Digital Markets platform.

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52

IBM Supply Chain Blog

AUGUST 21, 2023

Rapid advancement of emerging technologies—combined with the increasing demands from customers and ongoing disruptive market forces—are driving organizations to prioritize digital transformation more than ever. According to a recent survey conducted by the IBM Institute for Business Value in cooperation with Oxford Economics, 67% percent of executive respondents say their organizations need to transform quickly to keep up with the competition, while 57% report current market disrupti

Demand 55

Demand Data Strategy Sourcing 55

CPO Rising

AUGUST 21, 2023

Today, we feature our ongoing coverage of this year’s 18th-annual CPO-themed report, where my team and I continue our nearly two-decade-long dialogue with chief procurement officers (CPOs) and other procurement leaders.

Chief Procurement Officer 52

Chief Procurement Officer Strategy Procurement Collaboration 52

Procurement Insights

AUGUST 21, 2023

As a supplier, if you are one of many at an RFP Kickoff meeting, you have already lost the bid. Here is an excerpt from a 2011 post: “All this, of course, coincides with the revelation by former aide to New York Governor Mario Cuomo Al Gordon that 90% of all winning bidders are decided through a series of open, non-clandestine meetings in which the vendor gains what Judy Bradt has referred to as legitimate and transparent buyer preference.” – [link] The video interview within t

Suppliers 40

Suppliers Bidding Buyers Innovation 40

Advertisement

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.

Supply Chain Efficiency

Supply Chain Dive

AUGUST 21, 2023

The ruling sided with Trump-era tariffs on steel and aluminum imports, calling China's move against agricultural products "inconsistent" with an existing trade deal.

Import 78

Import 78