ProcurePort
AUGUST 31, 2023
In today’s manufacturing world, the competition is tough. Companies are constantly seeking innovative ways to reduce costs, increase efficiency, and streamline operations. One often overlooked but highly impactful area for optimization is the procurement process. By incorporating Request for Quote (RFQ) software, manufacturing companies can realize significant cost savings.
Art of Procurement
AUGUST 31, 2023
In the book “Good to Great,” Jim Collins wrote about the flywheel effect, a prosperous cycle of work and adjustment. The post Dodging the Urban Doom Loop appeared first on Art of Procurement.
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ProcurePort
AUGUST 31, 2023
Evaluate Needs & Usability: Understand auction specifics and prioritize an intuitive, mobile-responsive platform. Prioritize Features & Security: Opt for software with essential tools like dynamic bidding and ensure robust data protection. Reverse auctions, a procurement strategy where suppliers compete to win business by lowering their prices, have become increasingly popular with Procurement Teams for saving […] The post Expert Advice – Selecting the Right Reverse Auction S
Supply Chain Dive
AUGUST 31, 2023
The multi-year undertaking will allow the candy maker to balance existing capacity with future flexibility, an executive said.
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 Brain
AUGUST 31, 2023
Healthy, modernized seaports are essential for the profitability of businesses and investors everywhere. Our new white paper answers these questions and details the areas of seaports where investments will bring the biggest payback.
Spend Matters
AUGUST 31, 2023
Procurement professionals and IT leaders tasked with managing software procurement today can often only focus on the top 20% of vendors. Why? It’s a convergence of three main factors: lack of data, limited resources and inefficient tooling. SaaS and vendor management has become increasingly complex Procurement and IT are being inundated with software access, vendor intake and renewal requests.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Supply Chain Trend
AUGUST 31, 2023
Preview – Most IBP cycles around the world are based on a 20-year-old process definition supported by 20-year-old planning concepts. This traditional IBP is not set up for a fast-changing world, where speed of decision making confers a competitive advantage. Intelligent automation will change this. In this series of blogs, I will discuss the evolution of traditional IBP towards a more intelligent IBP.
Supply Chain Brain
AUGUST 31, 2023
The world of business has entered a new era of due diligence. In this new era, the traditional approach taken by most companies is no longer sufficient to effectively identify and manage risks.
Procurement Freelancers
AUGUST 31, 2023
The proper handling of procurement contracts is a crucial factor in any business’s prosperity. From… The post How To Succeed As A Freelance Procurement Contract Manager first appeared on Procurement Blog | Procurement & Supply Chain News.
Supply Chain Brain
AUGUST 31, 2023
The new wave of generative artificial intelligence is supercharging the i ncreased automation of B2B customer onboarding and due diligence for financing approvals, disbursements and repayments.
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.
Arkestro
AUGUST 31, 2023
This AiThority guest post unravels the challenges of using generative AI in Supply Chain and Procurement operations across the world.
Supply Chain Brain
AUGUST 31, 2023
Explore the potential of RFID asset tracking to unlock the power of your data – and unleash quantum gains in visibility, sustainability, and efficiency.
Supply Chain Dive
AUGUST 31, 2023
The country removed creeping thistle as a pest of concern, allowing Canada to resume bulk wheat shipments for the first time since 2018.
Supply Chain Brain
AUGUST 31, 2023
Hapag-Lloyd, the only foreign company involved in HMM's bidding, was ruled out of the privatization process by creditor banks Korea Development Bank and Korea Ocean Business Co.
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.
SCMR (Supply Chain Management Review)
AUGUST 31, 2023
With political and economic uncertainty, businesses may want to slow their push to move supply chains entirely out of China.
Supply Chain Brain
AUGUST 31, 2023
The world’s top exporter agreed to sell 79,000 tons of non-basmati white rice to Bhutan, 50,000 tons to Singapore and 14,000 tons to Mauritius.
Supply Chain Dive
AUGUST 31, 2023
With electronics demand sluggish, vendors are funding price discounts more often to generate sales through the retailer.
Supply Chain Brain
AUGUST 31, 2023
Nvidia said that the restrictions affected its A100 and H100 chips, which are used to improve machine-learning tasks on artificial intelligence applications like ChatGPT.
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
SCMR (Supply Chain Management Review)
AUGUST 31, 2023
The Gartner Supply Chain Top 25 identifies three trends and offers recommendations to become best-in-class supply chain organizations.
Supply Chain Brain
AUGUST 31, 2023
ABB Optical, an optical healthcare facility, needed to improve their warehouse productivity, and evaluated several options, including pick-to-light systems and A-frame automatic dispensers. They chose Locus Robotics for improved efficiency, quick implementation speed, and cost-efficiency.
SCMR (Supply Chain Management Review)
AUGUST 31, 2023
Best of the best. Best in class. The elite. Whatever terminology you use to describe the top performers in industry, they all have one thing in common: Companies try to emulate them. That is not easy, of course, but honors such as the annual Gartner Supply Chain Top 25 provide a roadmap for firms hoping to reach the upper echelon.
Supply Chain Brain
AUGUST 31, 2023
FedEx shipping rates are expected to grow by an average of 5.9% for U.S. domestic, export and import services.
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 Dive
AUGUST 31, 2023
The retailer renegotiated freight contracts and leveraged lower fuel rates to cut transportation costs.
Supply Chain Brain
AUGUST 31, 2023
Learn why IDC believes that sustainability is an integral part of how companies run their supply chains and how integrated supply chain planning is at the heart of sustainable operations.
IBM Supply Chain Blog
AUGUST 31, 2023
According to the World Meteorological Organization , global temperatures are set to reach new records in the next five years. The Copernicus Programme also reports that multiple global heat records were broken in July 2023. Today, climate change is a real threat with disastrous consequences to businesses. Rising cybercrimes are another significant threat to businesses, causing major financial damages in various forms.
Supply Chain Brain
AUGUST 31, 2023
When your business depends on manufacturing excellence, minimizing supply chain risk is critical for success. Download the report and learn how supply chain leaders manage customer expectations, maintain quality, and use intelligent technologies to reduce risk.
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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 Dive
AUGUST 31, 2023
The food preparation and distribution facility is slated to open in 2026, the company said.
Supply Chain Brain
AUGUST 31, 2023
Omnichannel retail continues to place higher flexibility requirements on warehouse operations.
Una
AUGUST 31, 2023
Overcoming Challenges with Strategic Sourcing for SMEs Explore how strategic sourcing for SMEs can help procurement professionals overcome the unique challenges of operating a small business. By Hugo Britt | August 31, 2023 Search Search Is being “strategic” something that is only reserved for large organizations with well-resourced procurement teams?
Supply Chain Brain
AUGUST 31, 2023
Does the end of the pandemic signal the end of grocery delivery? Katherine Lehman, director of digital marketing at Onfleet, explains why that channel is alive and well.
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.
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