Procurement Leaders

JANUARY 8, 2024

Just before the holidays, Jim Ridgwick, director of procurement at Save the Children, led a Procurement Leaders community session to share how he and his team had executed a significant digital transformation at the charity. The results of the transformation were profound: a 50% reduction in the number of days to delivery, as well as much tighter financial controls and supplier visibility in a sector where “because it’s a matter of life and death, speed is of the essence”.

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Real-time Visibility Procurement Inventory Suppliers 130

Supply Chain Brain

JANUARY 8, 2024

The time for pandemic-era thinking is over. This will be the year of strategic supply chain design — but companies must be shrewd in their technology and vendor selection.

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Supply chain Supply 118

Supply Chain Dive

JANUARY 8, 2024

The location joins a company hub in Louisville, Kentucky, in closing its day sort on Feb. 16.

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Demand 136

SCMR (Supply Chain Management Review)

JANUARY 8, 2024

The bullwhip effect is used by many economists to explain current inventory market dynamics, but it is another term – inventory accelerator – that more accurately reflects what is happening.

Inventory 96

Inventory 96

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

IBM Supply Chain Blog

JANUARY 8, 2024

The judiciary, like the legal system in general, is considered one of the largest “text processing industries” Language, documents, and texts are the raw material of legal and judicial work. That data plays a crucial role in the judicial system, helping investigators, lawyers and judges fit together the circumstances surrounding a particular case in an effort to see that justice is served.

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Quantity Data Management Raw materials 89

Supply Chain Dive

JANUARY 8, 2024

The agency said operational disruptions, including the shutdown of a St. Louis processing facility, hurt its performance.

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Supply Chain Dive

JANUARY 8, 2024

Labor, materials, cybersecurity and insurance spending will likely continue to increase this year.

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Supply chain Supply 112

Spend Matters

JANUARY 8, 2024

This Spend Matters Vendor Analysis provides an overview of Billhop and its solution for working capital financing and tail spend. Billhop addresses common payments pain points for large enterprise organizations, such as working capital and tail spend. ERP systems normally have issues that cause problems for buyers, such as low value transactions and high costs to onboard suppliers.

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Spend management Management Buyers Suppliers 81

Supply Chain Dive

JANUARY 8, 2024

Text messages disguised as urgent or failed delivery notifications can create tension between impersonated delivery service companies and legitimate customers.

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IBM Supply Chain Blog

JANUARY 8, 2024

In modern enterprises, where operations leave a massive digital footprint, business events allow companies to become more adaptable and able to recognize and respond to opportunities or threats as they occur. They can optimize their supply chains, create delightful, personalized experiences for their customers, proactively identify quality issues or intercept customer churn before it occurs.

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Real-time Visibility Export Supply Chain Efficiency Data 78

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

SCMR (Supply Chain Management Review)

JANUARY 8, 2024

The Services PMI, at 50.6 (a reading of 50 or higher signals growth), fell 2.1% compare to November’s 52.7 reading, growing, at a slower rate, for the 12th consecutive month. ISM observed that the services sector and the overall economy have each been growing, at a slower rate, for the 12th consecutive month, through December.

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Supply Chain Brain

JANUARY 8, 2024

Instead of seeing workers move onto factory floors, India appears instead to be de-industrializing.

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Spend Matters

JANUARY 8, 2024

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.

Procurement solutions 71

Procurement solutions Supply Chain Optimization Procurement Supply Chain Efficiency 71

Supply Chain Brain

JANUARY 8, 2024

Scholz defended the farmers’ right to protest, but warned about efforts by far-right groups to hijack demonstrations and destabilize the country.

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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

JANUARY 8, 2024

Mentorship programs can attract talent, build culture, reduce brain drain and engage older employees, an Express Employment Professionals survey shows.

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Management 75

Procurement Insights

JANUARY 8, 2024

Jon… here’s a quick write-up for those questions. – Mathew Procurement’s Biggest Strength in 2024 Question #1 – What is procurement’s biggest strength? Procurement’s position. No other function has the view and insights within a company. When done well, the value delivered is unmatched. From saving costs to driving revenue, cultural influence, internal and external presence, the list goes on.

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Procurement Influencing 66

IBM Supply Chain Blog

JANUARY 8, 2024

Organizations are increasingly investing in digital transformation as a way to maintain or grow a competitive advantage. Organizations implementing successful business transformations are more likely to grow their existing businesses, eliminate silos, create revenue growth and business models and reinvent how they handle their operations. A tried-and-true way to approach digital transformation is to understand the relationship customers have with the product and the brand, where that relationshi

Strategy 65

Strategy Business strategy Leadership Change management 65

Finale Inventory

JANUARY 8, 2024

Key results after using Finale: 40% decrease in refunded orders 3 hours saved per day on picking and packing 15 hours saved per week processing orders GladGirl is a well-known beauty brand that specializes in professional eyelash and brow beauty products. They have a physical presence in Los Angeles, CA, and Bedford, TX, and an online Shopify store serving professional estheticians and cosmetologists nationwide.

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Inventory Warehouse operations Order Fulfillment Purchasing 59

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

Una

JANUARY 8, 2024

Boosting Business Growth With the Help of a Group Purchasing Organization A playbook for boosting business growth, moving beyond the outdated perceptions of procurement, and turning it into one of your organization’s most important sources of value. DOWNLOAD PLAYBOOK Table of Contents Introduction What Exactly *Is* Value Creation? Understanding Cost vs.

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

Let's Talk Supply Chain

JANUARY 8, 2024

  In today’s episode of Women In Supply Chain, we’re doing things a little differently. Instead of featuring one woman in supply chain, we’re featuring three – and talking about a topic that affects us all. Money. Or, for women, the lack of money! How many hours have we, as women, put towards ‘free’ work? Maybe it’s saying yes to too many speaking engagements for ‘exposure’?

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Supply chain Import Collaboration Logistics 52

Supply Chain Dive

JANUARY 8, 2024

The reduction follows a previous wave of layoffs in November.

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Supply Chain Brain

JANUARY 8, 2024

Investigators said their findings so far did not suggest a widespread flaw with the Boeing Max 9 aircraft.

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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

CPO Rising

JANUARY 8, 2024

Editor’s Note: Over the next few weeks on CPO Rising, we’re publishing some “best of” 2023 articles as we reflect on the year and prepare for the new year ahead. There is no doubt that uncertainty is permeating the four walls of today’s enterprises.

Procurement strategies 52

Procurement strategies Strategy Procurement Chief Procurement Officer 52

Jaggaer

JANUARY 8, 2024

JAGGAER's latest news on procurement & sourcing. Read now: Automotive Supplier Continental Opts for Collaboration with JAGGAER.

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Collaboration Suppliers Sourcing Procurement 52

Procurement Freelancers

JANUARY 8, 2024

Technology has a powerful sway over global resource allocation.

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Global sourcing Sourcing Strategy 40

SCMDOJO

JANUARY 8, 2024

In this fast-changing world, if you are a supply chain professional looking to stay up-to-date with the latest industry trends, podcasts are the best way to do so. Here we have compiled a list of must-listen supply chain podcasts for people who are interested in knowing everything about the industry. These podcasts cover the latest technological updates and advancements with different industry experts sharing their expertise and knowledge.

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Supply Chain Efficiency Supply chain Supply Supply chain management 79

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

IBM Supply Chain Blog

JANUARY 8, 2024

Legacy architectures of monolithic applications are difficult to change, expensive to maintain and may pose business risks. In December 2022, Southwest airlines cancelled more than 13,000 flights due to outdated software systems and IT infrastructure. This meltdown resulted in major losses for the airline company, damaging brand reputation. In contrast, Netflix pioneered the microservices architecture and is a market leader in online streaming, having more than 250 million subscribers across mor

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Collaboration Data Innovation Risk 68

Supply Chain Brain

JANUARY 8, 2024

ShippingWatch said the pact would involve shipping companies agreeing to not go to Israel in return for being allowed through safely.

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