Sun.Jun 25, 2023

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How Aircraft Shortages Will Impact the Supply Chain This Summer

Supply Chain Brain

The aviation industry faces a potential aircraft engine shortage this summer, due to a number of factors.

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Top Ways A Sourcing Agent Can Help You

Procurement Freelancers

In today’s interconnected world, businesses are constantly looking for opportunities to expand their operations and… The post Top Ways A Sourcing Agent Can Help You first appeared on Procurement Blog | Procurement & Supply Chain News.

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Building Intelligent Supply Chains With Machine Learning

Supply Chain Brain

In the era of Industry 4.0, technologies such as artificial intelligence and machine learning are gaining prominence.

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Nike Looks to Rebuild Wholesale Partnerships

Procurement Bulletin

Canada Looks at Life Without Oil A big part of the Canadian economy is driven by the Oil & Gas industry. But as the world heads towards reducing dependence on oil, Canada is forecasting what their economy would look like with a huge drop in demand for oil. Nike Looks to Rebuild Wholesale Partnerships After shunning wholesale partners like Macy’s, DSW and Foot Locker, Nike is turning around and looking to rebuild those partnerships again.

Demand 98
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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.

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Boeing’s 737 Output at Risk With Key Supplier in Labor Turmoil

Supply Chain Brain

Boeing is looking at moving to a monthly 737 build rate of 42 jets before the end of 2023, said commercial chief Stan Deal.

Risk 103
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346: Enable and Empower Your Supply Chain, with WiseTech

Let's Talk Supply Chain

Today I’m joined by WiseTech Global – used by more than 18,000 logistics organizations, including 24 of the top 25 global freight forwarders and 43 of the top 50 global 3PL’s, they are one of the best-known tech brands in the industry. WiseTech are a leading developer and provider of software solutions to the logistics industry. Their global team of nearly 2,000 people is united in a mission to create breakthrough products that enable and empower those that own and operate the supply chains of t

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ChatGPT Response Table for Procurement

The Good Spending

Chat GPT on category management I tried ChatGPT as an aid in blogging, and it works very well when you need an explanation of a generic theory or concept for your audience. Getting to more sophisticated tasks, I asked ChatGPT to explain procurement category management to a non-professional. The response I received created a sense of Deja Vu from previous inquiries on similar procurement topics.

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New Reports Reveal Relief for Shippers — But for How Long?

Supply Chain Brain

Importers that struggled with tight carrier capacity and soaring freight rates during the COVID-19 pandemic are finally seeing some relief on the service side.

Import 98
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Spend Analysis in MRO (Maintenance, Repair, and Overhaul): A Key to Efficiency

Empowering CPO

Introduction In the world of procurement and supply chain management, the quest for efficiency and cost savings has led organizations to embrace several strategies. Among these, Spend Analysis stands as a powerful and effective approach. It involves the process of collecting, classifying, and analyzing expenditure data with the purpose of decreasing procurement costs, improving efficiency, and monitoring compliance.

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German €11bn Defense Orders Set for Lawmaker Approval

Supply Chain Brain

The German government reportedly plans on buying 60 Boeing Co. Chinook helicopters and three maritime surveillance vessels with almost $12 billion in funds.

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

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Transforming Procurement with Spend Analysis Technology

Empowering CPO

Introduction A. Understanding Procurement and its Business Significance At the heart of every thriving business is an effective and efficient procurement process. Procurement, in its simplest form, is the process by which businesses acquire the goods, services, or works they need from external sources. Whether it’s raw materials for manufacturing, software for operations, or services for customer support, procurement is the bridge that connects businesses to the resources they need to func

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[Pod] From C-Suite Priority to Procurement Strategy: Managing Risk at Scale w/ Gordon Donovan and Matthew Montgomery

Art of Procurement

“Getting visibility into the n-tier is the silver bullet that makes procurement every organization’s hero or heroine because everything happens. The post [Pod] From C-Suite Priority to Procurement Strategy: Managing Risk at Scale w/ Gordon Donovan and Matthew Montgomery appeared first on Art of Procurement.

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Common Mistakes in Spend Analysis and How to Avoid Them 

Empowering CPO

Introduction Welcome to a world where strategic decision-making is powered by data and insights. In the realm of procurement and supply chain management, one tool stands out as a game-changer — Spend Analysis. But what exactly is Spend Analysis? Spend Analysis is a process where procurement data from various sources are collected, cleansed, categorized, and analyzed.