Mon.Nov 25, 2024

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A formula for success

Procurement Leaders

A couple of weeks ago, I hosted a call for Procurement Leaders’ CPO community during which the CPO of a major healthcare organisation shared his function’s transformation journey, the lessons learned and its impact. One of the keys to the success of the transformation was that it had a clear purpose and was fully aligned with the organisation’s need to pivot following the impact of Covid, and subsequent earnings and share price underperformance.

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Key Challenges and Strategies for Retail Success

All Things Supply Chain

With the holidays shopping season approaching, Black Friday is becoming a pivotal event for retailers worldwide.

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Three Steps Manufacturers Need to Take Before Investing in AI

Supply Chain Brain

When used diligently, AI-driven product recommendations and content can also indirectly boost sales by enhancing customer engagement, satisfaction and brand relevance.

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Macy’s delays full Q3 report over delivery accounting snafu

Supply Chain Dive

Starting in 2021 an employee hid $132 million to $154 million in delivery expenses, a disclosure overshadowing an otherwise decent quarter.

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.

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Supply Chain Software Company Hit With Ransomware Attack

Supply Chain Brain

It's currently unclear whether the attack impacted Blue Yonder clients in the U.S., including Albertsons, Kroger, Proctor & Gamble and Anheuser-Busch.

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SpendHQ: Vendor Analysis (Part 1) — Spend analytics solution overview, company background, platform and services overview, modules and application overview, roadmap and vision

Spend Matters

In this Spend Matters Vendor Analysis we provide an overview of SpendHQ and its solution for spend analytics and procurement performance management. Part 1 of this vendor analysis provides a detailed overview of each module and includes an analyst summary. In part 2 of this series, we will provide more details on the strengths and opportunities of the solution, review the competitive landscape and provide selection considerations.

More Trending

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SpendHQ: Vendor Analysis (Part 2) — Spend analytics product-level strengths and opportunities, voice of the customer, competitors and market analysis, user considerations, analyst commentary and summary

Spend Matters

Part 2 of this Spend Matters Vendor Analysis focuses on the strengths and opportunities of SpendHQ’s spend analytics solution. We will also look at the voice of the customer and the elements to consider when looking at SpendHQ as a potential solution provider. Part 1 of the series provided a history and overview of SpendHQ’s spend analytics solution as well as the solution’s roadmap/vision.

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USPS 'Ready and Confident' Ahead of Holiday Package Surge

Supply Chain Brain

The USPS has installed 158 new mail sorting machines across the country since late 2023, and since 2020 has tripled its daily package processing capacity.

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‘Everything is on the table’: Williams-Sonoma preps for tariff hikes

Supply Chain Dive

The home products retailer mapped out a category-by-category plan to reduce sourcing from China, its CFO said in an earnings call.

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Amazon Workers to Strike or Protest Worldwide on Black Friday

Supply Chain Brain

The workers will be pressing for better workers’ rights and climate action from the giant retailer.

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

As early as next year, procurement and supply chain operations will begin to adopt AI agents, often called “agentic AI,” to work alongside employees to make and execute decisions with precision across procurement and even the most complex global supply chains. Unlike LLM-based generative AI tools such as ChatGPT, these AI agents do not require prompts from humans.

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BMW’s US footprint may protect it from tariff impacts, CEO says

Supply Chain Dive

CEO Oliver Zipse said 65% of the company’s cars sold in the U.S. are locally made.

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FAA Examines Boeing 737 Smoke Risks After Bird Strikes

Supply Chain Brain

A representative for the FAA said on November 21 that the agency is convening a Corrective Action Review Board “in the coming weeks.

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Old Dominion to raise rates next month

Supply Chain Dive

A 4.9% general rate increase is effective Dec. 2, the carrier announced.

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Nations Gather for Final Talks on Deal to Curb Plastic Pollution

Supply Chain Brain

According to data from the UN Environment Programme, 75-199 million tons of plastic pollution can be found in the ocean right now.

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Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

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Success Stories with Pipefy: Automation in Action

Pipefy

Process automation has become an indispensable tool for businesses aiming to achieve greater efficiency and drive innovation. This article explores real success stories with Ti.Saúde, CNH Industrial, and Lacoste, showcasing how automation can be implemented across various contexts and sectors within an organization. With advanced features, the Pipefy platform plays a crucial role in optimizing operations, ensuring processes that are more agile and effective.

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437: Women In Supply Chain, Mercedes Pina

Let's Talk Supply Chain

 In today’s episode of Women in Supply Chain, I’m joined by bilingual customer success expert, logistics professional and team builder, Mercedes Pina. With over 10 years of diverse experience in the logistics and supply chain industry, Mercedes is committed to client satisfaction and fostering strong relationships. A passionate mentor, Mercedes is also dedicated to empowering others and fostering inclusive environments where diverse voices are heard and valued.

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KKR: Five Questions About Their ProcureTech Portfolio and Influence

Procurement Insights

What does KKR know about procurement and ProcureTech solutions? KKR, one of the largest private equity and investment firms globally, has considerable experience and insights into procurement and ProcureTech solutions, especially through its portfolio companies and investments. KKR’s expertise in procurement stems from its strategic focus on improving operational efficiencies across its portfolio companies, which often involves optimizing supply chains, leveraging technology, and implementing co

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Magnus Mondays — When Procurement Tech Projects Fail

CPO Rising

A big IT project has been all over the news in Sweden recently. Two regions (a region is a fairly large public entity that is responsible for public healthcare and… The post Magnus Mondays — When Procurement Tech Projects Fail appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

Speaker: Shalini Dinesh

Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.

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Sustainable procurement: what is it and why is it important

TYA Suite

Sustainable procurement is a growing approach that focuses on purchasing goods and services with consideration for their environmental, social, and economic impacts. By incorporating sustainability into , businesses can contribute to reducing their carbon footprint, promoting ethical labor practices, and supporting long-term economic growth. This concept goes beyond just the cost and quality of products; it involves analyzing the entire lifecycle of what is being purchased—from sourcing raw mate

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Strategic sourcing: Improve your buying power

TYA Suite

What is strategic sourcing and how does it work? Strategic sourcing is a method used by businesses to buy goods and services in a way that focuses on long-term value, not just short-term savings. It involves carefully selecting suppliers based on several factors like quality, price, reliability, and how well the supplier can meet the company's long-term needs.