ProcurePort

NOVEMBER 30, 2023

The procure-to-pay process is a comprehensive journey involving steps from identifying a need for goods or services through payment to suppliers, emphasizing the importance of efficient communication, transparency, and strategic supplier relationships. Successful implementation of the procure-to-pay process requires meticulous attention to each stage, from request and purchase requisition to supplier evaluation, purchase order creation, […] The post What are the steps in the procure to pay

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Purchase orders Procurement Purchasing Suppliers 130

Supply Chain Brain

NOVEMBER 30, 2023

Fortunately, corporate renewable energy and sustainability efforts are incentivized by local, state, and federal tax incentives that help offset the cost of adoption.

Sustainability 113

Sustainability Supply chain Supply 113

IBM Supply Chain Blog

NOVEMBER 30, 2023

Ever since the pandemic changed the corporate world, organizations have rededicated themselves to excelling at employee experience strategy. A successful employee experience strategy (EX strategy) is the best way to recruit and retain top talent , as employees increasingly make decisions on where to work based on how they respond to employee needs. Organizations can prioritize overall employee experience by being thoughtful about how to serve their workers during all stages of the employee journ

Strategy 104

Strategy Influencing Management Import 104

Supply Chain Brain

NOVEMBER 30, 2023

This has been a challenging year for the multi-trillion-dollar information communications technology industry. Now, however, it looks like the downturn is behind us, and growth is predicted in the near term.

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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

NOVEMBER 30, 2023

There’s a lot of talk about how organizations can and should reduce their negative impact on the environment. While staying focused on mitigating our current and future contributions to climate change is crucial, we cannot ignore the dire impacts of existing climate hazards. Risks from wildfires, floods, heat, drought and wind have always been a concern, but climate change has intensified these risks, making them more frequent and unpredictable for organizations.

Strategy 93

Strategy Raw materials Sustainability Supply Chain Efficiency 93

Supply Chain Brain

NOVEMBER 30, 2023

IVA offers supplier research capabilities, market insights, legal assistance, RFP assistance and improvement plans that summarize supplier actions and suggest appropriate responses.

Suppliers 91

Suppliers 91

Supply Chain Brain

NOVEMBER 30, 2023

Supply chain and logistics businesses need to achieve significant gains in efficiency and service these days in order to satisfy heightened customer expectations. Since these businesses operate on slim margins, they must accomplish these goals cost effectively.

Supply Chain Efficiency 89

Supply Chain Efficiency Supply chain Supply Logistics 89

Supply Chain Dive

NOVEMBER 30, 2023

The company listed roughly 1.5 million square feet for sublease in October, the most in over a year, according to CoStar.

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Supply Chain Brain

NOVEMBER 30, 2023

How did the COVID-19 pandemic affect shippers' decisions as to whether to pursue contract or spot rates in the truckload market? And what's the trend today?

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Contract 95

Supply Chain Dive

NOVEMBER 30, 2023

Hyoung Nam So was found guilty of securing a $100 million contract for a South Korean auto parts supplier in exchange for millions in cash.

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Suppliers Management Contract Procurement 96

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

NOVEMBER 30, 2023

Managing inventory is tougher than ever. For all of these challenges, legacy automation systems with inflexible footprints are no longer adequate. But help is at hand. A new generation of robots is providing the flexibility, speed and accuracy that today’s marketplace demands.

Supply chain 88

Supply chain Inventory Demand Supply 88

SCMR (Supply Chain Management Review)

NOVEMBER 30, 2023

Don't let disruption derail your supply chain. Get ahead with risk mitigation strategies from our Special Digital Issue. Download now.

Risk management 91

Risk management Risk Management Supply chain 91

Supply Chain Brain

NOVEMBER 30, 2023

"The Ultimate Guide for Omnichannel Fulfillment Success" is a comprehensive guide outlining the importance of embracing the complexities of modern supply chains to provide seamless shopping experiences while maintaining cost controls.

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Supply chain Import Supply 87

The Network Effect

NOVEMBER 30, 2023

The post How to Boost Efficiency and Streamline Land Transport in the Logistics Industry appeared first on The Network Effect.

Supply Chain Efficiency 93

Supply Chain Efficiency Logistics Networking Supply chain management 93

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

NOVEMBER 30, 2023

The executive chair of Jack Cooper Transport, Sarah Riggs Amico, is leading a bid that would replace Yellow with a smaller trucking company.

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Bidding 98

IBM Supply Chain Blog

NOVEMBER 30, 2023

Monitoring database performance can be a daunting task, especially in complex environments with a combination of both self-hosted and cloud-based databases. Thanks to the innovative partnership between DBmarlin and IBM® Instana™, businesses can now achieve granular insights into database performance like never before. The business challenge Businesses face several challenges when it comes to database performance monitoring: Understanding and optimizing database performance to ensure t

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Innovation Collaboration Data 79

Supply Chain Brain

NOVEMBER 30, 2023

Bed Bath & Beyond wants MSC to pay roughly $150 million for damages as well as an equal sum for what the company described as exploitative and coercive behavior.

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SCMDOJO

NOVEMBER 30, 2023

The effective execution of supply chain planning and operational solutions largely depends on a company’s capacity to pinpoint and record its preferred value measures and results, ensuring these are in sync with its service provider. Business and supply chain leaders should consider these five essential strategies when setting project objectives, to prevent a troublesome implementation.

supply chain software solutions 74

supply chain software solutions Supply Chain Efficiency Supply chain management Supply chain management 74

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 Brain

NOVEMBER 30, 2023

Evidencity said that the MS tool is the first modern slavery research-on-demand, pay-as-you-go product available on the market.

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Demand 93

Supply Chain Dive

NOVEMBER 30, 2023

Despite the annual drop, the port saw both monthly gains and improved volumes from a pre-pandemic comparison.

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Supply Chain Brain

NOVEMBER 30, 2023

Ford and GM were forced to cut their full-year profit forecasts due to lost production from the six weeks of strikes at the companies’ U.S. plants.

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IBM Supply Chain Blog

NOVEMBER 30, 2023

Cybersecurity is everyone’s business—as it should be, given the staggering surge in cyberattacks. Today, these attacks exhibit an unprecedented level of frequency, ingenuity and speed. The cyberthreat landscape is evolving and countries such as India are facing an alarming rate of increase in cyberattacks ( Q2 of 2023 saw a 90% increase ).

Strategy 71

Strategy Data Risk Sourcing 71

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 Brain

NOVEMBER 30, 2023

Members of the group agreed to make 1 million barrels a day of additional oil-supply cuts at a November 30 meeting, delegates said.

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Supply 78

IBM Supply Chain Blog

NOVEMBER 30, 2023

Arvind Krishna recently spoke with former IBMer and author Danny Sabbah about a new book he co-authored, The Heart of Innovation: A Field Guide for Navigating to Authentic Demand. In their conversation, Arvind and Danny discussed the secret to determining authentic demand and building innovative products that achieve runaway success. Here are five facts about innovation, taken from the book and their conversation, that may surprise you: While major technology breakthroughs dominate our perceptio

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Innovation Demand 70

Art of Procurement

NOVEMBER 30, 2023

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – December 1st, 2023 appeared first on Art of Procurement.

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Procurement 64

IBM Supply Chain Blog

NOVEMBER 30, 2023

The success of any organization relies on its ability to attract, retain and develop top talent. Talent acquisition refers to the ongoing strategy and process an organization and its HR department uses to source, attract, evaluate, hire and retain the highly-qualified new employees it needs to grow. A well-crafted talent acquisition strategy has become a critical component for organizations seeking to secure a competitive edge.

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Strategy Sourcing Leadership Networking 66

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

Let's Talk Supply Chain

NOVEMBER 30, 2023

Women in supply chain are gaining momentum in narrowing the gender gap. They now make up 41% of the supply chain workforce, an almost 40% increase from the year prior. Post-pandemic dynamics and more awareness of supply chains are empowering progress in what was once an overwhelmingly male-dominated industry. According to Gartner , that trend is only increasing.

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Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 52

Procurement Insights

NOVEMBER 30, 2023

“The lithium-ion battery, one of the primary components of an electric vehicle, requires various minerals, including cobalt. However, mining these minerals comes at an ethical, moral, and environmental cost.” Iain Campbell McKenna , Silent Victims: The Moral Cost of Electric Cars (April 12th, 2023) [link] “The stream of used cars heading to West African ports is only expected to increase with the West’s shift to electric vehicles.

Ethics 52

Ethics Supply chain Sourcing Supply 52

Procurement Talk with David Byrne

NOVEMBER 30, 2023

Listen on Apple Podcasts Listen on Spotify Listen on Google Podcasts Listen on Amazon Episode show notes “Everyone should be learning right through their career. It’s actually the power of saying very little, and listening.” Soft skills are an undoubtedly vital part of any procurement professional’s skillset, but it’s such a vague term … Continued The post The Evolution of Soft Skills & How to Flip the Narrative: Part 1 with Head of Procurement & Properties at Bibby Financi

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Procurement Chief Procurement Officer Collaboration Networking 52

Procurement Freelancers

NOVEMBER 30, 2023

In today’s hyper-competitive business arena, pursuing efficient and cost-effective product sourcing is a linchpin for…

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Sourcing Procurement 68

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