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Even if the dispute between the ILA and USMX is resolved quickly, the battle over automation at U.S. ports is set to rage on for a good long while to come.
We would all love to be more productive. After all, getting more output from the same, if not fewer, resources is one of the guiding principles of a growth-based strategy. It’s why countless CPOs have told us that it will be a key priority for them next year, and, by extension, it’s why a good proportion of our community activities in 2025 will focus on the productivity conundrum.
The presidential election, an East Coast port strike and the impact of Hurricane Helene are creating a flurry of challenges for manufacturers this fall.
Speaker: Jason Chester, Director, Product Management
In today’s manufacturing landscape, staying competitive means moving beyond reactive quality checks and toward real-time, data-driven process control. But what does true manufacturing process optimization look like—and why is it more urgent now than ever? Join Jason Chester in this new, thought-provoking session on how modern manufacturers are rethinking quality operations from the ground up.
During the week of September 9th, I attended the Basware Premier Event in Memphis — a fantastic gathering that delved into several key topics, including touchless invoice processing to accelerate workflows, the importance of ROI assessments and how AI can enhance AP outcomes. A customer panel shared their experiences with processing thousands of invoices and how Basware supported them in improving accuracy.
This content does not express the views or opinions of Spend Matters Given the persistent economic uncertainty and inflation-induced price increases, reducing purchasing costs remains a priority for most procurement stakeholders in 2024, followed by ensuring supply continuity and combating rising prices. To guarantee that the business receives the necessary goods and services at the best quality-price ratio, procurement professionals strive to streamline purchase order management practices and i
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
This content does not express the views or opinions of Spend Matters Given the persistent economic uncertainty and inflation-induced price increases, reducing purchasing costs remains a priority for most procurement stakeholders in 2024, followed by ensuring supply continuity and combating rising prices. To guarantee that the business receives the necessary goods and services at the best quality-price ratio, procurement professionals strive to streamline purchase order management practices and i
Product lead time is crucial in the life sciences industry and represents a key consideration for customers’ purchasing decisions. For this reason, BD Biosciences aimed to optimize its global supply and distribution network to reduce delivery lead time to customers and optimize its global inventory. How BD Biosciences was successful in reducing global distribution lead times between 30% and 60% in addition to: Increasing agility to prioritize urgent and ad-hoc customer requests Increasing global
SimpliContract is on a mission to create what its Founder and CEO, Guru Venkatesan, calls a “connected contract experience.” Contract. The post AOP Introducing… SimpliContract appeared first on Art of Procurement.
The union recently claimed that carriers "are gouging their customers," alleging that it now costs $30,000 to ship a single container. Not so, says freight rate analytics company, Xeneta.
We’re excited to introduce the latest enhancements to our Mobile app. The new features include purchase order (PO) visibility and downloads, receiving capabilities, and predictive defaults for request line items.
“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.
In one of today’s discussion streams, I asked the question why have we made so little progress in addressing the challenges that we face in procurement. Here is an answer I received: “ Jon W. Hansen Wrong prioritization! „Sorry, no time for improvements, we are too busy with stupid useless activities!“ And: weak CPOs.” – Procurement Executive, Trainer, Consultant Here is my response: Right to the point; I respect that.
Alternative East Coast ports — including Montreal, where half of the terminals are shut down by a strike — will not be able to handle large scale diversions.
1999. The year I first tasted procurement. I was doing a summer job as a Buying Assistant in an automotive gearbox manufacturing company in my hometown. Procurement, or purchasing as it was usually called back then, was definitely a back office function. Yes, there was some sourcing and supplier management involved as part of the team’s activity. The majority of their work though was tactical and administrative buying.
Autonomous sourcing platforms, driven by artificial intelligence, are achieving significant returns on investment, according to a new report by research firm HFS.
Explore how a global manufacturing organization steadily advanced its supply chain maturity – starting with basic transportation management and evolving towards a fully integrated, optimization-driven planning approach. Get an inside look at a multi-year 4PL collaboration journey, culminating in the implementation of 4flow TORO to unlock the full potential of early optimization in material and transportation planning.
I am going to show you two simple yet powerfully insightful images with corresponding links to demonstrate why the best ProcureTech solutions don’t come from tech companies. In 1998, my company’s solution was structured around levels “three to five,” as depicted in the above graphic. Here are the corresponding reference links that explain how we got there and what we achieved: Are you chasing solutions or solving problems?
Deanna Kaufman, vice president of product management with Körber Supply Chain Software, argues that every order management system (OMS) today must be “borderless.
Contracts. The lifeblood of business and often the bane of our existence. We’ve all been there – staring down a 50-page document, wondering if we’re about to strike gold or step on a landmine. Your palms might get a little sweaty, and your coffee intake might spike, but deep down, you know this is where the magic happens. It’s here where real deals are made and broken.
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