Thu.Jun 06, 2024

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Cost cutting is procurement execs’ top 2024 priority: Hackett

Supply Chain Dive

With interest rates still high and global elections creating economic uncertainty, many companies are being conservative about spending.

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Intake and Orchestration in procurement: How do the solution providers define its role? – Zip

Spend Matters

Spend Matters continues its focus on Intake and Orchestration as this quarter’s theme of special interest with a viewpoint on the importance of this market segment from Nick Heinzmann, Head of Research at e-procurement and intake management specialist, Zip. Our analyst recently wrote that it was Zip which “productized and popularized intake,” and that today, for something that did not really exist a few years ago, it is the fastest-growing procurement tech market.

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Estée Lauder globally deploys new integrated business planning process

Supply Chain Dive

The new process will leverage artificial intelligence and other recently adopted technology to improve inventory forecast accuracy, per executives.

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Tive Releases Solo Lite Tracker to Monitor Shipments for Ocean Carriers

Supply Chain Brain

Solo Lite has global coverage in more than 186 countries, and includes a more environmentally-friendly non-lithium battery-powered option.

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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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Transfix sells brokerage to NFI, pivots its business

Supply Chain Dive

The digital firm will focus on selling software as a service.

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Procurement Training Reimagined: SCMDOJO Launches Procurement Track

SCMDOJO

Do you dream of confidently navigating the ever-changing procurement world, not confused with what procurement training to opt for? Are you ready to ditch the “cost-cutter” label and become a strategic mastermind? The SCMDOJO Procurement Track isn’t just another training program – it’s your key to unlocking a commanding presence in the field.

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Out-Of-Control Ship in Charleston Harbor Causes Bridge Closure

Supply Chain Brain

Police cleared traffic, cyclists and pedestrians from the eight-lane bridge before the ship arrived, keeping it closed for 10 minutes as the ship steamed underneath, authorities said.

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Sending a Powerful Message About America’s Pharmaceutical Independence

Art of Procurement

Victor Suarez is a retired Colonel from the United States Army. He worked for the U.S. Department of Health and. The post Sending a Powerful Message About America’s Pharmaceutical Independence appeared first on Art of Procurement.

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OneRail acquires Orderbot in Boost to Delivery Fulfillment Capabilities

Supply Chain Brain

OneRail says the acquisition will allow its last-mile delivery network to use Orderbot's inventory and order management systems to speed up fulfillment.

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How much supply chain visibility is too much visibility?

Procurement Insights

Here are five critical “touchpoints” in the supply chain. How does “visualizing spending, benchmarking suppliers, and maximizing profits” impact the following areas individually and collectively? To what degree does a breakdown or inefficiency at one point have a ripple effect through the other E2E touchpoints? How does it impact the “savings passed on across the supply chain, resulting in higher or lower product costs for consumers?

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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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Governor Scraps Controversial NYC Congestion Tolling Plan

Supply Chain Brain

A lawsuit from the Trucking Association of New York filed on May 30 claimed the tolls were unfairly targeting delivery trucks with the highest rates.

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How Predictive Procurement Orchestration is Revolutionizing Sourcing for Manufacturers as the Foundation for AI Transformation

Arkestro

Resources / Analyst Reports / How Predictive Procurement Orchestration is Revolutionizing Sourcing for Manufacturers as the Foundation for AI Transformation How Predictive Procurement Orchestration is Revolutionizing Sourcing for Manufacturers as the Foundation for AI Transformation Download Now Let's Talk There is a massive opportunity to obliterate and not just simply automate how things are done. — Spend Matters Summary This analyst report from Spend Matters discusses the pressing need f

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Podcast | How to Hang on to Your Warehouse Workers

Supply Chain Brain

Want to keep your warehouse workers in a tough labor market? Give them the right tools to do their jobs.

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From 100 to 1000: How High-Performing CPOs Use 100 Day Plans to Achieve Escape Velocity

Arkestro

Resources / eBooks / From 100 to 1000: How High-Performing CPOs Use 100 Day Plans to Achieve Escape Velocity From 100 to 1000: How High-Performing CPOs Use 100 Day Plans to Achieve Escape Velocity Download Now Let's Talk The CPOs who handle the stress and the long hours of the job with grace and humility share one thing in common: they absolutely love what they do, and the harder it gets, the more they love it. — Len DeCandia Former Johnson & Johnson CPO Summary In this eBook, we provid

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How Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform

Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.

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Why CFOs Hold the Key to Successful Software Selection

Supply Chain Brain

Chief financial officers are pivotal in navigating supply chain uncertainty. They must take a strategic approach to software evaluation to maximize investments and mitigate risks.

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Does Procurement Need to Work From the Office?

Una

Does Procurement Need to Work From the Office? The nature of procurement work is changing and considering the remote work debate, does procurement really need to work from the office? By Hugo Britt | June 11, 2024 Search Search The dust has definitely not yet settled around the remote working debate. The percentage of US companies offering flexibility increased from 51% to 62% last year , but 38% still prefer an in-person workforce.

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Watch: How Can Your WMS Flex When You're Growing Your Business?

Supply Chain Brain

When bringing on a new client, expanding into a new facility, or even opening a micro-fulfillment-based store, it's critical to have the flexibility in your warehouse management system that allows you to flex your operations as needed, says Chris O'Stean, vice president of solutions consulting at Softeon.

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Episode 169: Aspiring to Generous Leadership with Joe Davis

Una

EPISODE 169 Aspiring to Generous Leadership with Joe Davis By Kelly Barner | June 12, 2024 There will always be challenges to overcome – personally, professionally, and combined – but by finding the courage to work in community and to receive all each employee has to give, leaders can allow themselves and their teams to attain a new level of achievement.

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A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026

Speaker: Jason Cottrell and Gireesh Sahukar

Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.

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EU Nears Decision on New Tariffs For Chinese EVs

Supply Chain Brain

China has signaled that it plans to retaliate against any new EU tariffs with a 25% tax of its own on cars imported from Europe.

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Procurement’s Role in Building Social License

Una

Procurement's Role in Building Social License Organizations are recognizing procurement’s role in building social license to foster stronger ties in the communities in which they operate. By Hugo Britt | June 13, 2024 Search Search The residents of a small town in the Midwest were up in arms. A major manufacturing company had just announced plans to build a new production facility on the outskirts of their community.

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Product Marketing vs. Demand Generation: Their Key Differences

The Thomas Blog

Marketing products and planning campaigns to create customer demand can be essential to a marketer's strategy for attracting new customers. In product marketing, the focus is on showing a product or service to potential customers by highlighting its benefits. On the other hand, demand generation aims to create interest and produce new potential customer contacts through various channels and marketing strategies.

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Supply Chain Management Inefficiencies Threaten Organizations’ Competitive Advantage, New JAGGAER Research Reveals

Jaggaer

The post Supply Chain Management Inefficiencies Threaten Organizations’ Competitive Advantage, New JAGGAER Research Reveals appeared first on JAGGAER.

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Procurement Is Navigating a Tech Tsunami (and It’s Upending How You Work)

Procurement is in the middle of a tech tsunami. And if it feels like the old playbooks aren’t working anymore, that’s because they aren’t. Agentic AI. Autonomous procurement. Unified source-to-pay ecosystems. These innovations are converging and transforming how procurement teams operate. The GEP 2025 Procurement & Supply Chain Tech Trends Report breaks it all down.

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What's new in Fraxion: Invoice batching

Fraxion

We’re pleased to announce the latest feature release for our procure-to-pay suite: invoice batching. This innovative feature enables the grouping of multiple approved invoices into batches for payment, saving time and increasing efficiency when processing payments for statements that include multiple invoices.

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U.S. Seeks to Increase Pressure on Houthis in Threat to Yemen-War Truce

Supply Chain Brain

Leaders in Washington, D.C. have been striving to broker a cease-fire deal in Gaza for several months, with limited success.

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