Navigating the Top 7 Direct Procurement Challenges
SCMR (Supply Chain Management Review)
OCTOBER 24, 2023
Join this webcast to discover unique strategies to overcome these procurement challenges.
October, 2023
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Webinar — The future five and the future of procurement
Spend Matters
OCTOBER 30, 2023
Tomorrow October 31, 11:00 a.m. EST, the Spend Matters analyst team will host a webinar ‘ Shaping the Future of Procurement : An Inside Look at the 10th Annual Spend Matters 50/50 Lists.’ Compiling these lists has been tricky, but now the team can treat all attendees with a glimpse of how the future of procurement is shaping up. A major focus will be on the methodology behind how the analysts determine which companies are worth watching and knowing.
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Trending Sources
Negotiating Lessons from Hollywood Labor
Art of Procurement
OCTOBER 19, 2023
Why did the Hollywood writers’ strike take so long to resolve and why is the screen actors’ guild still on. The post Negotiating Lessons from Hollywood Labor appeared first on Art of Procurement.
Adapt or Perish: Safeguarding Your Fleet in an Era of Logistics Evolution
Speaker: Jeff Dickinson - Host of “The Storytelling Chronicles: Life, Lessons & Logistics with The Bodacious Cowboy" Podcast, President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader
Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,
The 10 Most Needed Positions in the Global Supply Chain Today
All Things Supply Chain
OCTOBER 30, 2023
The global supply chain is facing a labor shortage that has slowed down manufacturing and shipping times. As a result, prices continue to rise and economic stagnation has gotten worse.
Amazon outlines push to ‘eliminate packaging altogether’
Supply Chain Dive
OCTOBER 23, 2023
As the company looks to remove added packaging from more orders in 2024, its packaging innovation director explains how Amazon identifies products fit to ship in their own packaging and works with vendors on redesigns.
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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.
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SAP’s Empowering Women in Supply Chain Seeks to Elevate a New Generation of Leaders
SCMR (Supply Chain Management Review)
OCTOBER 26, 2023
While the percentage of women in supply chain jobs continues to grow, there remains a retention problem once they reach middle-management level positions. Darcy MacClaren of SAP is trying to change that.
The LEGO Sustainability Saga
Art of Procurement
OCTOBER 26, 2023
“We can’t say we inspire and develop the builders of tomorrow if we’re ruining the planet.” – Tim Guy Brooks, Head. The post The LEGO Sustainability Saga appeared first on Art of Procurement.
Jonathan O’Brien delivering Keynote Speech at Supply Chain Summit by SILF
Positive Purchasing
OCTOBER 20, 2023
Putting Sustainable Procurement in the Spotlight Our CEO, Jonathan O’Brien, will be delivering a keynote speech on the topic of ‘Making Sustainable Procurement Happen’ at the Supply Chain Summit by SILF on 9 November in Stockholm, Sweden. The need to drive sustainability deep into everything an organization is and does is no longer in question, in fact our very future depends upon it.
Mastering the art of Supplier Negotiation: Tips and Techniques
SCMDOJO
OCTOBER 27, 2023
Supplier negotiation is the most critical skill in the world of procurement. Effective supplier negotiations do not limit to the best price but a mutually beneficial agreement from both the parties that can have a profound impact on the company. It is a skill that needs a strategic approach and it is not something anyone can do. It requires an in-depth knowledge of procurement processes to be able to bring the supplier on a mutual agreement.
Strategic Cost Management Approaches to Unlock Growth and Increase Profitability
Advertiser: GEP
How can businesses gain a competitive edge in an era marked by relentless competition and economic fluctuations? The secret is mastering strategic cost management strategies. This GEP bulletin, "Strategic Cost Management Approaches to Unlock Growth and Increase Profitability," breaks this down into clear, actionable steps. Discover how these strategies can boost your enterprise's financial health, helping not only to keep up but to excel in today's market.
This AI chatbot can help predict supply chain disruptions at farms
Supply Chain Dive
OCTOBER 16, 2023
Cersi, a virtual analyst introduced by agtech startup Helios, can be used by large food companies to manage commodity risks in the face of climate change and market volatility.
Navigating the Great Supply Chain Reset
Supply Chain Brain
OCTOBER 11, 2023
The last few years have seen a confluence of factors that can affect the supply chain. It’s become clear there’s no one clear “gotcha” moment that upset supply chain reliability.
Advancing City Logistics and Sustainability with Urban Consolidation Centers
SCMR (Supply Chain Management Review)
OCTOBER 19, 2023
Public policy has begun to play a significant role in emboldening improvements in logistics practices in dense urban cities and carbon neutrality pledges signed by several cities around the world have emphasized the criticality of creating a future-forward urban supply chain network.
Procurement 6 – October 20th, 2023
Art of Procurement
OCTOBER 19, 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 – October 20th, 2023 appeared first on Art of Procurement.
The Art of Consistent Perfect Order Delivery: Smart Order Fulfillment Through Orchestration
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Shippers and logistics service providers are pressured to match the “Amazon effect” for fast and efficient service across multiple B2C, B2B, and D2C channels. Perfect order delivery - on-time and in-full at the lowest possible cost – is critical. However, recent surveys of supply chain stakeholders reveal that many don't have the technology necessary to achieve it.
Spend Matters Future 5 2023 – Introducing dSilo
Spend Matters
OCTOBER 19, 2023
The procurement technology market is evolving rapidly and deploying the latest power that innovation can bring to support the changing and challenging needs of its customers. In an ever-crowded space it’s hard for those who rely on these platforms and systems to keep ahead of the latest developments. For that reason, Spend Matters analysts make it their mission to scour the market to find those new solution providers that can fulfil a very specialist role to fulfill the procurement needs of toda
How foundation models can help make steel and cement production more sustainable
IBM Supply Chain Blog
OCTOBER 17, 2023
Heavy industries, particularly cement, steel and chemicals, are the top greenhouse gas emitting industries, contributing 25% of global CO2 emission. They use high temperature heat in many of their processes that is primarily driven by fossil fuel. Fighting climate change requires lowering heavy industry emissions. However, these industries face tremendous challenges to reduce greenhouse gas emissions.
How 4 health system executives are tackling supply chain challenges
Supply Chain Dive
OCTOBER 25, 2023
After the COVID-19 pandemic caused worldwide disruptions, executives at four major health systems shared how they’re innovating supply chain tactics.
Plastic in Logistics: Friend or Foe?
Supply Chain Brain
OCTOBER 30, 2023
The role of plastic in logistics cannot be boiled down to "friend or foe." Instead, plastic should be seen as a dynamic material that requires continuous evaluation and improvement.
How to Stay Competitive in the Evolving State of Martech
Advertiser: ZoomInfo
Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr
The Astonishing Port of Laredo
SCMR (Supply Chain Management Review)
OCTOBER 27, 2023
The expected continued growth in cross-border commerce with Mexico is likely to attract new investment all along the border. The nearshoring activity to Mexico and reshoring to the U.S. will continue for years to come.
The Role of Blockchain in SCM, with Examples
SCMDOJO
OCTOBER 14, 2023
Blockchain has evolved as a highly secure and fast way of managing transactions and has proven benefits in almost all fields. In the latest systems, we can see its benefits in full swing. Here, we’ll discuss how it becomes useful for SCMs and what are some blockchain supply chain examples. For a better understanding, let’s explore some basic concepts.
The new shape of business travel is here, so why are some still using rigid expense management systems?
Spend Matters
OCTOBER 10, 2023
Pre-pandemic, T&E spending represented a significant portion of a company’s discretionary budget. As business travel rebounds to pre-pandemic levels, finance leaders must leverage this window to reassess, re-evaluate, and re-imagine travel and expense management processes and strategies. Business travel isn’t going anywhere. Remote work will make sure of it A poll released by the GBTA earlier this year shows three in four travel managers expected their company to make more busine
Common Grounds: Unleashing innovation and growth through partnership
IBM Supply Chain Blog
OCTOBER 4, 2023
At IBM, we believe we can make greater progress together. Our purpose is to be the catalyst that makes the world work better—and our partners are key to this mission. Together with our partners and clients, we work to solve the most complex challenges with AI and hybrid cloud. Last year, we launched our “ Common Grounds ” video series to showcase the value of partnership and how we’re better together.
Exploring the Advantages and Hurdles of Direct Store Deliveries
Advertiser: FourKites
Direct Store Delivery, or DSD, is a common practice among global suppliers and retailers – like PepsiCo, Frito Lay, CVS, and Dollar General – and its popularity is growing, with the global DSD market expected to reach $1.19 trillion by 2027. Download this eBook for exclusive insights into direct store deliveries, challenges, benefits, and future trends.
Amazon to integrate drones into fulfillment network for faster delivery
Supply Chain Dive
OCTOBER 19, 2023
Prime Air drones will deploy at same-day delivery sites rather than standalone facilities as the company scales its use of the emerging transportation method.
How Will 2023’s Peak Season Compare to Others?
Supply Chain Brain
OCTOBER 16, 2023
If businesses fail to get rid of their supplies, they won’t be able to survive, because they will be forced to refinance all their debt at higher interest rates.
Supplier Diversity is the Present and the Future
SCMR (Supply Chain Management Review)
OCTOBER 25, 2023
According to the National Minority Supplier Development Council (NMSDC), certified minority-owned businesses generate more than $400 billion in annual revenue and economic output. It also found that companies with diverse supplier bases show a 133% greater return on procurement investments than those without supplier diversity.
Books As a Proxy for Free Thought
Art of Procurement
OCTOBER 5, 2023
“If all printers were determined not to print anything till they were sure it would offend nobody, there would be. The post Books As a Proxy for Free Thought appeared first on Art of Procurement.
Your Triple-Threat Solution for Resilient Planning and Execution
Speaker: Len Pannett - Supply Chain and Operations Transformation Expert | Board Advisor - UK Ministry of Defence | Mentor | Author | Keynote Speaker
With the dark clouds of inflation and uncertainty looming overhead while the pressures of ESG and geopolitical tensions increase, today’s supply chain professionals are facing challenges we have never seen before. What were once traditional supply chains have now transformed to multidimensional networks met with new extremes in customer demands. Supply chain professionals often face the dilemma of balancing cost, resilience, and sustainability.
Key methodology for the 50 Providers to Know, 50 Providers to Watch selection – The science behind the analysis
Spend Matters
OCTOBER 17, 2023
2023 marks the tenth annual release of the Spend Matters 50 Providers to Know and 50 Providers to Watch lists that represent the best technology providers that serve procurement, finance and supply chain organizations. For a decade, the Spend Matters analyst team has determined the lists through rigorous analysis that factors, among other things, market presence, tech competency, innovation and solution delivery.
3 ways to migrate and deploy IBM Maximo on AWS Cloud
IBM Supply Chain Blog
OCTOBER 26, 2023
A recent IDC report — The Business Value of IBM Maximo — that surveyed 9 companies with an average of 8,500 employees, found that after these companies adopted IBM Maximo, it resulted in: a business benefit of approximately USD 14.6 million, on average, per year per organization; 43% less unplanned downtime per year; and USD 8.6 million in total equipment cost avoidances annually.
Butter prices soar to record highs
Supply Chain Dive
OCTOBER 20, 2023
Supply is constrained going into the holiday baking season due to lower production and increased summer demand for ice cream and other products.
A Four-Step Methodology for Leaner and More Effective Supply Chains
Supply Chain Brain
OCTOBER 15, 2023
The methodology known as ESSA — for eliminate, simplify, standardize and automate — can help supply chains overcome an abundance of unusable technology as they pursue digital transformation.
Five Best Practices for Balancing Costs, Risks, and Sustainability
Advertiser: GEP
In the face of volatile macroeconomic conditions and other complex challenges, supply chain and procurement pros must strike a tough balance between seemingly contradictory demands: boosting performance and sustaining and extending business operations, all while meeting customers’ needs. This GEP paper provides impactful tips on how to develop a strategic procurement approach that focuses on collaboration, innovation, and sustainability.
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