ivalua

JUNE 26, 2023

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change. At Ivalua, we recognized the need to stay ahead of these developments and organized our first annual Ivalua Summer Symposium in London on a wonderful sunny evening on the Thames to discuss

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Supply Chain Efficiency Strategic sourcing Strategic sourcing Procurement 244

All Things Supply Chain

JUNE 26, 2023

Amazon has now rose to fame being one of the most recognizable brands in the world. In this article we’ll discuss the amazing supply chain of Amazon.

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Supply chain Supply Logistics 222

Procurement Tactics

JUNE 26, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Top 10 US Wholesale Jewelry Suppliers — Pricing & Reviews According to IBISWorld, the US wholesale jewelry market declines by 2.7% and the profit margin falls to 3.1% by revenue in 2023. This is due to the following top reasons: Economic uncertainty brought by the after-effects of Covid and high inflation rates, Price fluctuations of precious metals , the key

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Suppliers Price Negotiation Purchasing 146

ABC of Procurement

JUNE 26, 2023

Another challenging experience fulfilling a unique breakfast request for a client's flight. Discover how we overcame obstacles and delighted our customer The post Finding Sushi at 7 am? first appeared on ABC of Procurement.

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Procurement 130

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

Procurement Heads

JUNE 26, 2023

Procurement Heads’ Head of Industrial Practice Dan Goodson explores the obstacles encountered in these sectors and the scarcity of qualified candidates following the recruitment boom. Brexit and the COVID-19 pandemic led to increased recruitment activity in procurement across various industrial sectors due to a number of factors but namely a lack of availability of raw materials and specialist products.

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Raw materials Procurement Category management Procurement strategies 130

Supply Chain Brain

JUNE 26, 2023

Sustainable procurement is the order of the day — but how to achieve it? Miguel Cossio, senior director analyst with Gartner, discusses the technology solutions that are available to companies today, and what to expect in the future.

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Sustainability Procurement 98

Supply Chain Brain

JUNE 26, 2023

Government-backed Japan Investment Corp. plans to offer shareholders ¥4,350 ($30.40) a share in a tender offer around December 2023, the company said in a June 26 statement.

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Spend Matters

JUNE 26, 2023

Our Spring 2023 SolutionMap/Insider includes a new module: Expense Management. The module is a direct response to practitioner interest in and the continued growth of that sector. Expense management has taken off in the past few years, requiring Spend Matters to analyze and benchmark these new vendors. This two-part series covers the Expense Management market landscape and trends and provides an overview of the strengths and weaknesses of the Spring 2023 SolutionMap participants.

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Management 80

Supply Chain Brain

JUNE 26, 2023

The money will be awarded via the Advanced Technology Vehicles Manufacturing Loan Program to BlueOval SK, a new joint business venture established by Ford and SK On.

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Supply Chain Dive

JUNE 26, 2023

The Smyrna, Georgia, facility expands the retailer’s next-day delivery in the Atlanta market to an additional 500,000 customers.

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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

Supply Chain Brain

JUNE 26, 2023

The Responsible Supplier Program focuses on six priorities: climate change, water, waste, human rights, deforestation and responsible product packaging.

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Supply chain Suppliers Supply 98

Supply Chain Dive

JUNE 26, 2023

The company hired Kelly Bysouth, former chief supply chain officer at automotive supplier IAC Group, as SVP of strategic sourcing and packaging solutions.

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Strategic sourcing Strategic sourcing Procurement Supply chain 79

Supply Chain Brain

JUNE 26, 2023

Chicago wheat futures climbed to $7.56 a bushel in New York trading on June 26, putting prices on track for a 29% monthly gain, the biggest since 2015.

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Risk Price 97

Spend Matters

JUNE 26, 2023

In the first part of this series, we gave a high-level overview of the providers included in the recently launched SolutionMap Expense Management module. We explained our evaluation of the module and which capabilities we consider most important. We also discussed trends that have led to the emergence of Expense Management. This second installment in our series examines each provider in our SolutionMap module in greater, more granular detail.

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Management Import 73

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 Brain

JUNE 26, 2023

Of the 470,000 total drivers assessed for the 2023 Women in Trucking Association Index, roughly 13.7% (64,390) of them are women.

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IBM Supply Chain Blog

JUNE 26, 2023

Imagine the possibilities of providing text-based queries and opening a world of knowledge for improved learning and productivity. Possibilities are growing that include assisting in writing articles, essays or emails; accessing summarized research; generating and brainstorming ideas; dynamic search with personalized recommendations for retail and travel; and explaining complicated topics for education and training.

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Ethics Risk Data Import 69

Supply Chain Brain

JUNE 26, 2023

Following are the three ways that businesses can strengthen their organizations against supply chain disruptions.

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Supply chain Supply 98

Procurement Foundry

JUNE 26, 2023

LOS ANGELES, CA – Terzo, the leading contract intelligence software provider, is thrilled to announce the launch of its redesigned website, terzo.ai. Terzo has been focused on solving the contract management data problem for years, and over the last year, built a cutting-edge AI-powered product while refining their product messaging and positioning.

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Contract management Contract Data Management 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

Supply Chain Dive

JUNE 26, 2023

The semiconductor company is working to build an end-to-end supply chain in the European Union.

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Supply chain Supply 80

IBM Supply Chain Blog

JUNE 26, 2023

In my previous post , I described how I got started with a podcast series called The Hybrid Cloud Forecast. In each episode, I invite an IBM Fellow as the guest and ask them to share their insights on hybrid cloud and their careers and experiences. Across the 30+ episodes published so far, three themes have emerged that appeared to come up: Research , which I covered in the previous blog Journey to Cloud , which I will cover here Life Stories , which I will leave for the next blog post Theme: Jo

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Innovation Data Strategy Import 60

CPO Rising

JUNE 26, 2023

Today, we look back at a “Procurement Experts on CPO Rising” series excerpt from an episode of the Procurement Rising Podcast featuring Jim Polak, former Director of General Purchasing at PPG Industries (click to listen to the full interview). Note that this excerpt has been edited for readability.

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Procurement Purchasing Chief Procurement Officer Influencing 52

IBM Supply Chain Blog

JUNE 26, 2023

​Welcome IBM Tech Now, our video web series featuring the latest and greatest news and announcements in the world of technology. Make sure you subscribe to our YouTube channel to be notified every time a new IBM Tech Now video is published. IBM Tech Now: Episode 79 On this episode, we’re covering the following topics: The age of quantum utility The general availability of IBM Storage Defender Stay plugged in You can check out the IBM Blog Announcements for a full rundown of all news,

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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

Negotiations Ninja

JUNE 26, 2023

According to Matt Dixon’s research, 56% of customers are indecisive about changing the status quo for three reasons: They don’t know what to buy. They’re worried that they might choose poorly and make an irreversible decision. They don’t have enough information and want to do more homework.

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Empowering CPO

JUNE 26, 2023

Introduction A. Explanation of Spend Analysis and its Importance in Healthcare In the ever-evolving landscape of the healthcare industry, optimizing costs and maximizing efficiency has become paramount. This is where spend analysis steps in as a powerful tool to help healthcare organizations gain deep insights into their procurement activities. Spend analysis refers to the process of examining and categorizing an organization’s spending patterns, supplier relationships, and purchasing beha

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supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52

IBM Supply Chain Blog

JUNE 26, 2023

The benefits of AIOps are many. By infusing artificial intelligence (AI) into IT operations , you can leverage the considerable power of natural language processing and machine learning models to automate and streamline operational workflows. For today’s IT professionals, AIOps is also one of the fastest ways to realize tangible ROI from digital transformation investments.

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e2e Real-time Visibility Sustainability Data 54

Supply Chain Brain

JUNE 26, 2023

“It’s clear that we’re not far or fast enough down the path to eliminate Russian gas,” said Energy Minister Leonore Gewessler during a June 26 press briefing.

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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

JUNE 26, 2023

As any business leader is keenly aware, market and organizational dynamics have changed rapidly over the last several years, and despite any desire we might have to ‘get back to normal,’ the pace of change keeps accelerating. Customers expect a personalized and proactive (and often digitally enabled) experience, competition from unexpected directions is disrupting once-stable markets, and remote work is clearly sticking around for many enterprise roles.

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Data Management Collaboration Risk 54

SCMR (Supply Chain Management Review)

JUNE 26, 2023

Rosemary Coates, host of the Frictionless Supply Chain, and Lisa Dender, global leader at IBM, discuss the circular economy and the new REACH regulations.

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Supply chain Supply 52

Supply Chain Brain

JUNE 26, 2023

It’s easy for supply chain professionals to view staffing and scaling as a binary decision. But reality calls for a more nuanced approach.

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Logistics Management Supply chain Supply 52

Supply Chain Dive

JUNE 26, 2023

Current CFO Michael Lenz plans to retire July 31 after just over three years in the role.

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Advertiser: GEP

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

Sourcing