ProcurePort

OCTOBER 27, 2023

• Digital transformation in procurement is essential due to the availability of advanced tools, data-driven insights, and collaborative technologies that streamline processes, reduce costs, and enhance efficiency. • Organizations should follow a roadmap for digital transformation, assessing their current state, setting clear objectives, selecting the right tools, educating and training their workforce, measuring progress, and […] The post Why is Now the Time to Digitally Transform Procurem

Procurement 130

Procurement Collaboration Data 130

SCMR (Supply Chain Management Review)

OCTOBER 27, 2023

The expected continued growth in cross-border commerce with Mexico is likely to attract new investment all along the border. The nearshoring activity to Mexico and reshoring to the U.S. will continue for years to come.

101

101

Procurement Freelancers

OCTOBER 27, 2023

In today’s globalised world, where social and environmental issues are at the forefront, ethical sourcing… The post The Role of Ethical Sourcing in Sustainable Supply Chain Management first appeared on Procurement Blog | Procurement & Supply Chain News.

Ethics 97

Ethics Supply chain management Supply chain management Sustainability 97

SCMDOJO

OCTOBER 27, 2023

Supplier negotiation is the most critical skill in the world of procurement. Effective supplier negotiations do not limit to the best price but a mutually beneficial agreement from both the parties that can have a profound impact on the company. It is a skill that needs a strategic approach and it is not something anyone can do. It requires an in-depth knowledge of procurement processes to be able to bring the supplier on a mutual agreement.

Supplier negotiation 88

Supplier negotiation Negotiation Suppliers Supply Chain Efficiency 88

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 Dive

OCTOBER 27, 2023

Higher local in-stock levels paired with improved connectivity between facilities is driving speedier deliveries.

Networking 113

Networking 113

SCMR (Supply Chain Management Review)

OCTOBER 27, 2023

The expected continued growth in cross-border commerce with Mexico is likely to attract new investment all along the border. The nearshoring activity to Mexico and reshoring to the U.S. will continue for years to come.

75

75

Procurement Insights

OCTOBER 27, 2023

My post yesterday on User Adoption and the Rise of the AI Chatbots sparked some interesting discussions on LinkedIn – especially regarding the impact on procurement jobs and buyer adoption or resistance. Here is the last part of a comment from a knowledgeable reader regarding the above: “More important is organizations also need to upskill the workforce to solve next-gen challenges – Transformation does not stop at implementing a chatbot, but also need to effectively upgrade th

Contract 63

Contract Procurement Buyers Purchasing 63

Supply Chain Dive

OCTOBER 27, 2023

The automaker is working to better negotiate supplier contracts as it contends with the higher costs of EV manufacturing.

Negotiation 97

Negotiation Contract Suppliers 97

Supply Chain Brain

OCTOBER 27, 2023

The purpose of the project is to help pharmaceutical manufacturers achieve sustainability and environmental goals in order to reduce their Scope 3 emissions.

Supply chain 59

Supply chain Sustainability Supply 59

Supply Chain Dive

OCTOBER 27, 2023

Inditex is partnering with Los Angeles-based Ambercycle in a three-year agreement to help scale production of recycled polyester.

75

75

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

Pipefy

OCTOBER 27, 2023

Automation solutions – just like the processes and workflows they automate – are continually evolving. For years, businesses have relied on a standard set of tools to automate and optimize their processes. Today, many businesses are adding artificial intelligence and no-code automation platforms to their process management toolbox. As a result, these businesses are finding new ways to extract more efficiency and productivity from their processes and workflows.

Innovation 52

Innovation Data Management 52

Supply Chain Dive

OCTOBER 27, 2023

The year-over-year drop came as the port operator anticipates a slower peak season.

89

89

Arkestro

OCTOBER 27, 2023

Thank you for joining us at DPW Amsterdam this year. We hope you learned how to make our digital aspiration for procurement a reality, now. Please download this case study from the number one manufacturer of apple sauce to see how they made a difference in their procurement spend.  Beurs van Berlage Amsterdam, Netherlands } Oct 11-12, 2023 Featured Download Materne Boosts Supplier Network and Cuts Costs with Carton RFP through Arkestro Download Now Some attendees included: Matt Buckingham Head

Chief Procurement Officer 52

Chief Procurement Officer Supply Chain Efficiency Procurement Innovation 52

CPO Rising

OCTOBER 27, 2023

Fridays (in 2023) means that it’s time for another CPO Rising Listicle. Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help procurement teams improve operations. We’ll also include a summary graphic for you to share with your team.

Procurement team 52

Procurement team Strategy Procurement Chief Procurement Officer 52

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

Let's Talk Supply Chain

OCTOBER 27, 2023

The number of women in supply chain is still rising, increasing 3 to 5% annually, now making up 41% of the industry. The recently overwhelmingly male-dominated industry is shifting and evolving. This decade has brought a greater understanding and awareness of how supply chains impact communities globally. According to Gartner , that trend is only increasing this year.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 52

Supply Chain Brain

OCTOBER 27, 2023

One solution is a regulatory filing tool for international customers brokerage while the other tool connects shippers and ocean carriers to logistics companies.

Logistics 52

Logistics 52

The Network Effect

OCTOBER 27, 2023

Reshoring: The benefits and hazards of reshoring, reduce supply chain risk, simplify your supply chain, and.

Supply chain 60

Supply chain Risk Supply Leadership 60

Supply Chain Brain

OCTOBER 27, 2023

This new order brings the total number of LNG vessels that will be delivered to QatarEnergy and its affiliates up to 77 ships, the company said.

52

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

IBM Supply Chain Blog

OCTOBER 27, 2023

It is a new day for James, a new IT administrator. Today, he has to figure out an order for a whole batch of mobile devices for his colleagues, who have chosen both iOS and Android smartphones. He needs to activate the device lifecycle program and do all the deployment and endpoint security tasks afterward. Most probably, in another tool. He also knows that Rich from Sales and Alyssa from Finance will leave the company on Friday, so he needs to wipe the devices.

Management 86

Management Cost of ownership Inventory Data 86

Supply Chain Dive

OCTOBER 27, 2023

The hubs will focus on a range of technologies, including battery manufacturing, AI-driven biotechnology and quantum computing.

117

117