Tue.Nov 05, 2024

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The modern Procurement Training landscape

Spend Matters

Ongoing training is important for procurement teams to keep up with the constantly evolving and advancing procurement tech and services landscape, specifically in niche areas such as category management, supplier management, negotiation and strategic sourcing and in the broader areas of change management and leadership. Even experienced procurement professionals must remain aware of ongoing advancements to streamline procurement processes and support organizational goals with the latest technolo

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An important and timely discussion about Agentic AI

Procurement Insights

JWH – What is the difference between Agentic AI and Agent-based AI? Over two decades ago, the foundational elements for successfully utilizing advanced, self-learning algorithms to optimize the procurement process using an agent-based model were well established. Somewhere along the line, we got distracted by SaaS and digital transformation, and now we are at risk of being sidetracked by Agentic AI.

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How Spend Management Software Simplifies Financial Oversight

TYA Suite

Keeping costs under control is essential to sustaining operational effectiveness and profitability in the quickly changing corporate environment. Spend management software offers companies the tools to streamline financial operations, monitor expenses, and maintain control over their budgets. From small enterprises to large corporations, businesses of all sizes can benefit from implementing a robust spend management tool.

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Risk management solution providers and what their customers really want – Certa

Spend Matters

As part of our Q4 research into supplier risk, third-party and supply-chain risk management (TPRM/SCRM) and the solutions that support it, we have not only conducted analyst- and market-led research in the shape of analyses, advisory, definitions and webinars, but taken the pulse of the practitioners who use that technology and who deal with risk on a daily basis (for example here and here ).

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Precision in Motion: Why Process Optimization Is the Future of Manufacturing

Speaker: Jason Chester, Director, Product Management

In today’s manufacturing landscape, staying competitive means moving beyond reactive quality checks and toward real-time, data-driven process control. But what does true manufacturing process optimization look like—and why is it more urgent now than ever? Join Jason Chester in this new, thought-provoking session on how modern manufacturers are rethinking quality operations from the ground up.

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Key Elements of Decision Centricity in Effective IBP Processes

Supply Chain Trend

IBP and its predecessor S&OP were developed as executive decision-making forums. In support of effective decision making in the IBP process, we could expect many decision centric capabilities in an organization. But how decision centric is your S&OP/IBP process, your meetings, your organization? Any idea? To create some baseline insights, I developed an 11-question checklist to assess IBP decision centricity.

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Why a new FedEx facility uses automation but not robotics

Supply Chain Dive

Secondary 25, housed in the Memphis World Hub, still needs employees to help move bulky packages as technological improvements boost throughput.

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FedEx rolls out rate discounts through Pitney Bowes, Auctane platforms

Supply Chain Dive

The new agreements advance FedEx's efforts to draw in more volume from small businesses.

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Shanghai Unveils Green Shipping Plan as New Emissions Rules Loom

Supply Chain Brain

The target is to raise Shanghai’s low-carbon bunkering to over one million tons a year by 2030, according to a November 1 statement.

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DOL guidelines for workplace AI center employee needs, job quality

Supply Chain Dive

The agency’s principles for responsible AI use in the workplace focus heavily on employee rights and how the technology should improve working conditions.

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The Essentials of Supplier Risk Management

Supply Chain Brain

To improve resilience and business continuity in the face of pandemics, wars, natural disasters and other supply chain vulnerabilities, businesses are adopting comprehensive supplier risk-management initiatives.

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Reducing Global Lead Times To Improve Customer Experience At Becton Dickinson

Product lead time is crucial in the life sciences industry and represents a key consideration for customers’ purchasing decisions. For this reason, BD Biosciences aimed to optimize its global supply and distribution network to reduce delivery lead time to customers and optimize its global inventory. How BD Biosciences was successful in reducing global distribution lead times between 30% and 60% in addition to: Increasing agility to prioritize urgent and ad-hoc customer requests Increasing global

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True Value preps for Oregon warehouse closure amid bankruptcy

Supply Chain Dive

The hardware retailer could begin closing the regional distribution center on Dec. 7, with the shutdown impacting 98 employees.

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Labor Disputes Stall Traffic at Canada's Three Largest Ports

Supply Chain Brain

The Greater Vancouver Board of Trade estimates that more than $600,000 million worth of trade has been disrupted in just the first 18 hours of the West Coast work stoppage.

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How Purchasing Professionals Boost Cost Savings with Smart Buying

Procurement Freelancers

Do you ever feel like you’re spending more and getting less? Imagine wanting to save… The post How Purchasing Professionals Boost Cost Savings with Smart Buying first appeared on Procurement Blog | Procurement & Supply Chain News.

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China Files WTO Complaint as Feud Over EU EV Tariffs Escalates

Supply Chain Brain

The levies range between 8% and 35% depending on the manufacturer — on top of an existing 10% tariff — and are set to remain in place for the next five years.

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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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What a Shifting CFO’s Focus Means for Procurement

Arkestro

Resources / Blog / What a Shifting CFO’s Focus Means for Procurement What a Shifting CFO’s Focus Means for Procurement For CFOs in procurement, the pressure is on. They are tasked with all the historical expectations of managing financial reporting, statutory compliance, and bookkeeping, but are now increasingly expected to also be a business partner with strategic and operational focus.

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Amazon Expands Drone Delivery Services into Arizona

Supply Chain Brain

Amazon says that the MK30 drones it's now using in Arizona can fly twice as far as its previous models, are 50% quieter, and can fly in rainy conditions.

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AI in Procurement: Automating Efficiency and Cost Reduction

TYA Suite

In recent years, artificial intelligence (AI) in procurement has emerged as a game-changer, redefining how organizations manage their supply chains, purchasing decisions, and. AI's ability to streamline operations, reduce costs, and enhance decision-making is transforming procurement from a labor-intensive, manual process to a more dynamic, automated, and intelligent system.

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Boeing Ends Crippling Strike as Workers Accept Latest Offer

Supply Chain Brain

Holden acknowledged that 41% of union members voted to reject the deal, and vowed to press for better terms with the next contract in 2028.

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From Basic to Brilliant: Early Optimization of Material and Transport Planning

Explore how a global manufacturing organization steadily advanced its supply chain maturity – starting with basic transportation management and evolving towards a fully integrated, optimization-driven planning approach. Get an inside look at a multi-year 4PL collaboration journey, culminating in the implementation of 4flow TORO to unlock the full potential of early optimization in material and transportation planning.

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EU-U.S. Cargo Flights Targeted by Russian Incendiary Devices, Poland Says

Supply Chain Brain

In July, an incendiary device exploded in a container due to be loaded on to a DHL cargo plane in each of three U.K. and EU locations.

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