ProcurePort

OCTOBER 11, 2023

In times of economic uncertainty, businesses are often forced to find innovative ways to cut costs and improve their bottom line. One such method gaining popularity is the use of reverse auctions. Reverse auctions are a procurement strategy that flips the traditional purchasing process on its head, allowing suppliers to compete for a buyer’s […] The post Reverse Auctions for Cost Savings in a Down Economy appeared first on ProcurePort Blog.

Procurement strategies 130

Procurement strategies Buyers Innovation Purchasing 130

Supply Chain Brain

OCTOBER 11, 2023

The last few years have seen a confluence of factors that can affect the supply chain. It’s become clear there’s no one clear “gotcha” moment that upset supply chain reliability.

Supply chain 113

Supply chain Supply 113

Supply Chain Dive

OCTOBER 11, 2023

Some of the solution's capabilities will still be available to customers in Dynamics 365 and Power Platform after it shuts down on Oct. 31.

Supply chain 118

Supply chain Supply 118

Spend Matters

OCTOBER 11, 2023

The Spend Matters analyst team will host a webinar ‘ Shaping the Future of Procurement : An Inside Look at the 10th Annual Spend Matters 50/50 Lists’ on Tuesday, October 31, 11:00 a.m. EST. It’s been a monster task, and so fittingly the webinar will take place on Halloween – look out for some frighteningly deep analysis behind our methodology. During the webinar, the team will share observations they made of the factors that went into compiling the upcoming 50 Procurement Providers to Watch, 50

Procurement 92

Procurement Purchasing Management 92

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

OCTOBER 11, 2023

Let’s consider the operations manager of a thriving online business specializing in handmade crafts. This operations manager understood the importance of catering to their loyal customer base, some of whom resided in different time zones. In their quest to provide exceptional service, they faced a challenge—how to ensure that customers could place orders as soon as new shipments of their artisanal products arrived.

Price 90

Price Sourcing Quantity Purchasing 90

Spend Matters

OCTOBER 11, 2023

This Spend Matters Vendor Analysis provides an overview of Evisort and its contract lifecycle management (CLM) solution. Once a promising contract analytics upstart looking to disrupt the market with its strong AI and post-signature capabilities, Evisort has evolved into a well-rounded, end-to-end CLM provider that can compete for both mid-market and large enterprise customers.

Contract 87

Contract Management Contract management Buyers 87

Supply Chain Brain

OCTOBER 11, 2023

The producer price index for final demand advanced 0.5% from August to September, marking the third-straight month of increases.

Price 103

Price Demand 103

Supply Chain Dive

OCTOBER 11, 2023

The sportswear manufacturer joins Nike and Puma, both of whom pledged earlier this year to curb their use of the animal skin.

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SupplyShift

OCTOBER 11, 2023

Biodiversity Assessment Are you struggling with the complexities of biodiversity reporting and looming regulations? Transform these challenges into value-driven strategies for actionable change using the first biodiversity tool designed specifically to engage the upstream supply chain for crucial information about material impacts. Learn More Master Biodiversity with Insights on Material Impacts SupplyShift, in collaboration with Pure Strategies, introduces the Biodiversity Assessment – your com

Supply Chain Efficiency 64

Supply Chain Efficiency Sustainability Risk Suppliers 64

Supply Chain Dive

OCTOBER 11, 2023

Back-to-back years of drought are clogging the critical shipping artery and pushing some farmers to new modes of transportation.

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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

Procurement Insights

OCTOBER 11, 2023

“ Disruption is intensifying new technologies, artificial intelligence, and smaller innovative startups are eating into the market share, not to forget the customers’ constantly changing needs and regulatory environmental shifts. At the same time, all that is happening with technology solutions is creating rigidity rather than agility. Scaling these tech solutions to meet end-user needs quickly is challenging, and integrations are getting even more time-consuming and complex.

Collaboration 61

Collaboration Innovation Procurement Agile and Lean Supply Chain 61

SCMR (Supply Chain Management Review)

OCTOBER 11, 2023

Consumers today are armed with information and expect transparency. Brands that fail to uphold their compliance obligations risk alienating a generation of conscious consumers.

Influencing 60

Influencing Risk 60

Una

OCTOBER 11, 2023

EPISODE 136 Making the Impossible Possible in Global Sourcing with Chris Volz By Kelly Barner | October 11, 2023 Global supply chains reach the furthest corners of the earth, bringing back valuable, well-made goods and putting us in touch with people we may never meet. Some of the challenges of this are logistical like time zone differences and travel delays.

Global sourcing 59

Global sourcing Sourcing Procurement team Logistics 59

Supply Chain Brain

OCTOBER 11, 2023

In an industry known for its volatility and highly competitive nature, parcel carriers must nonetheless prioritize strong relations with their customers, says Don Caddy, chief executive officer of Engineering Innovation.

Price 52

Price Innovation 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

Skill Dynamics

OCTOBER 11, 2023

Corporate training represents a substantial investment for organizations, both in terms of time and money. In the aftermath of the pandemic, the amount businesses were spending on upskilling their employees saw a slight decline, but in 2022, this trend strongly reversed with US-based businesses spending an average of over $1,200 on training programs.

Supply Chain Optimization 52

Supply Chain Optimization Data Quality Negotiation 52

Supply Chain Brain

OCTOBER 11, 2023

ERG will sell 3,000 metric tons of contained cobalt metal to EVelution annually, which will be used to build an Arizona-based low-carbon cobalt sulfate plant starting in 2024.

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Supply Chain Dive

OCTOBER 11, 2023

More than 60% of suppliers plan to lay off workers by mid-October, according to a new survey from MEMA, the Vehicle Suppliers Association.

Suppliers 59

Suppliers 59

Supply Chain Brain

OCTOBER 11, 2023

Digital transformation is not a project with a start and an end-date; it’s a continuous process, says David Rogers of Columbia Business School.

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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

CPO Rising

OCTOBER 11, 2023

CPO Rising’s Technology Round-Up Series returns today with fresh supply management technology news and updates covering a few recent major announcements. If you are a sourcing, procurement, or spend management solution provider and you are continually innovating the way that procurement and supply chain leaders and practitioners drive value, we’d love to hear from you.

Spend management 52

Spend management Innovation Supply management Sourcing 52

Supply Chain Brain

OCTOBER 11, 2023

The organization anticipates a $1.2 billion influx of cash from its founder (Pham Nhat Vuong) and other Nasdaq-listed EV producers.

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Supply Chain Brain

OCTOBER 11, 2023

Xpeng shares were up by roughly 2% on October 11 in pre-market trading after the stock fell by more than 10% on October 10.

Supply chain 52

Supply chain Supply 52