Procurement Tactics

JUNE 27, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Top 9 Meat Suppliers In The US — Reviews, and Pricing The US Department of Agriculture announced that the meat production across the country is lower compared to the previous year’s output. The combined red meat and poultry production in 2023 is 107,144 million lbs ( an estimated 0.3% decline).

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Price Suppliers Negotiation Quality 162

Supply Chain Brain

JUNE 27, 2023

Artificial intelligence is revolutionizing the supply chain, and Microsoft's entrant is Dynamics 365 Copilot, says Mike Bassani, general manager for supply chain at Microsoft.

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Supply chain Supply Management 98

Supply Chain Dive

JUNE 27, 2023

"Hub Delivery" program partners, which could include businesses like florists or plumbers, will commit to delivering 20 to 50 packages daily for local customers.

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Supply Chain Brain

JUNE 27, 2023

ResGreen will integrate its BotWay Software and LilBuddy AMRs into ProGlove’s wearable hands-free barcode scanners, increasing the productivity of supply chains, assembly lines and logistics centers.

supply chain software solutions 98

supply chain software solutions Logistics Supply chain Supply 98

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

Supply Chain Dive

JUNE 27, 2023

The two companies are using de minimis provisions to avoid paying duties on a large scale, according to a report from a U.S. House of Representatives committee.

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SCMR (Supply Chain Management Review)

JUNE 27, 2023

The inventory glut that has impacted businesses in the past two years is pushing more companies to consider supply chain finance programs to smooth out cash flow.

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Inventory Strategy Supply chain Supply 88

Spend Matters

JUNE 27, 2023

Each week our analysts turn their eye to the procurement tech trends they are observing in the marketplace. This week, we discuss a growing need for, and evolution of, contract analytics and ‘actionable insights.’ The trend for greater contract analytics in contract management solutions is seen most widely in the offerings of the newer providers that go beyond the expected features to give ‘actionable insights.’ Contract management and contract analytics can be described as extension

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Contract Contract management Negotiation Management 72

Supply Chain Brain

JUNE 27, 2023

“Political leaders in Europe. are interested in so-called decoupling or de-risking. Which, to be honest, according to our understanding, would be [economic] suicide,” said Hungary’s Foreign Minister.

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Risk 97

Supply Chain Dive

JUNE 27, 2023

The union is pushing for a new contract in place starting August 1 and that economic negotiations are off to a slow start.

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Contract Negotiation 87

Supply Chain Brain

JUNE 27, 2023

"Temperatures above the norm across Europe could potentially increase energy demand for cooling purposes,” said Energi Danmark in a note.

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Demand 98

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 Dive

JUNE 27, 2023

Savings will focus on fixed operating expenses like supply chain holding capacity amid a decline in sales.

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Supply chain Supply 90

Supply Chain Brain

JUNE 27, 2023

Generative artificial intelligence is coming, and the ability of procurement organizations to adopt it quickly, safety and securely could be key to their success in 2023 and 2024.

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Procurement strategies Procurement Strategy 95

Supply Chain Dive

JUNE 27, 2023

Representatives for the carriers say their surplus containers will remain parked until demand recovers.

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Demand 78

Supply Chain Brain

JUNE 27, 2023

China imported just 490,000 tons of cotton during the first five months of 2023, half the amount compared to the same period in 2022.

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Import Supply 98

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

Pipefy

JUNE 27, 2023

Complying with laws that regulate issues such as data security and labor has become increasingly important in business. In addition to heavy fines, non-compliance with these laws can also result in criminal liability. It’s therefore vital for a business to remain current on regulations and day-to-day standards for operating to ensure processes remain compliant.

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Risk management Risk Quality Data 52

Supply Chain Brain

JUNE 27, 2023

The new feature enables shippers to interact with the ShipperGuide platform “as if they were talking to colleagues,” according to a statement from Loadsmart.

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Management 96

Arkestro

JUNE 27, 2023

Networking Happy Hour with ISM Dallas  The Ranch Las Colinas 857 W John Carpenter Fwy, Irving, TX 75039 } July 20, 2023 | 5:00 PM – 7:00 PM Arkestro and ISM Dallas invite you to a private networking event to experience the true taste of Texas at The Ranch at Las Colinas in Irving. Join us as we network, engage and explore the offerings of this unique farm to fork restaurant.

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Networking Procurement team Procurement Innovation 52

Supply Chain Brain

JUNE 27, 2023

In May 2023, exports from South Korea were down 11% over the last 12 months when compared to levels recorded during September 2022.

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Export 104

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

JUNE 27, 2023

What to Accomplish in Your First 30 Days in a Procurement Role Explore key objectives you should aim to achieve during the first 30 days in a procurement role to pave the way for long-term success. By Hugo Britt | June 27, 2023 Search Search Congratulations on securing your new procurement role! Your next step is to hit the ground running and make a lasting impression.

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Procurement Collaboration Suppliers Procurement team 52

Supply Chain Brain

JUNE 27, 2023

Since the company was founded in 2018, Gather AI's software has been able to recover more than $1 million in lost inventory.

Inventory 97

Inventory 97

Procurement Talk with David Byrne

JUNE 27, 2023

Listen on Apple Podcasts Listen on Spotify Listen on Google Podcasts Listen on Amazon Episode show notes “Build yourself a great team, and build a team that challenges you. You can’t do it all yourself, you’re only as good as the people around you.” With huge, long-spanning roles at Diageo and Compass Group, Oliver … Continued The post Empathetic Leadership & How to Start Category Management from Scratch with Oliver C**k – Episode 78 appeared first on Talent Drive.

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Category management Leadership Management Chief Procurement Officer 52

Art of Procurement

JUNE 27, 2023

Despite the importance of digital literacy in procurement, skills development and recruiting have not kept pace with technology. Not surprisingly, The post Top 6 Most Valuable Tech Skills for Procurement appeared first on Art of Procurement.

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Procurement Import Management 52

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

Supply Chain Dive

JUNE 27, 2023

The automaker will contribute a $85 million loan toward a new manganese sulfate plant.

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Supply Chain Brain

JUNE 27, 2023

The value of core capital goods orders increased by 0.7% during May after a downwardly revised 0.6% gain during April 2023, according to Commerce Department figures.

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The Procuretech Podcast

JUNE 27, 2023

In this week's episode of The Procuretech Podcast, Clive Heal, CEO of Lavenir.AI is my guest. Clive is here to introduce a cool new startup idea he's been working on, as well as sharing his thoughts on the current digital procurement landscape. Procurement and the Metaverse – Clive Heal from Lavenir.AI Timestamps: 2:36 How did Clive get started in the industry?

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Procurement Negotiation Innovation Contract management 40

Supply Chain Brain

JUNE 27, 2023

Following the opening of this facility, Żabka’s logistics network now consists of eight logistics centers as well as 19 transshipment terminals.

Logistics 52

Logistics Networking 52

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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

Empowering CPO

JUNE 27, 2023

Introduction In today’s fast-paced and interconnected world, digital transformation has become a fundamental driver of success for businesses across industries. As organizations strive to stay competitive, they are increasingly recognizing the need to leverage digital technologies to streamline processes, improve efficiency, and drive growth. One area where digital transformation has had a profound impact is in procurement, and specifically, in the realm of spend analysis.

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Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40

Supply Chain Brain

JUNE 27, 2023

Lithium carbonates and hydroxides lead the U.K.’s exports of the five minerals, but face considerable competitive challenges.

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Export 52

Empowering CPO

JUNE 27, 2023

Introduction Overview of Spend Analysis and Its Significance in Procurement In today’s competitive business landscape, effective procurement strategies play a vital role in the success of organizations. One crucial aspect of procurement is gaining insights into spending patterns and optimizing expenditures. This is where spend analysis comes into the picture.

Real-time Visibility 40

Real-time Visibility Supply Chain Optimization Data Suppliers 40

Procurement Tactics

JUNE 27, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 10 Best Food Packaging Suppliers In The US — Reviews, Quality, and Pricing The packaging industry in the US shows a positive outlook as the country expects $193.13 growth in 2023. Its Compound Annual Growth Rate from 2023 – 2028 will be 2.88%.

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Quality Price Suppliers Negotiation 191

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