Why Cybercriminals Target The Freight Industry
All Things Supply Chain
MAY 6, 2024
The transport of goods across the sea and across countries requires an intricate network of data to effectively get items delivered by their due date.
May, 2024
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CPO Crunch: Follow the money
Procurement Leaders
MAY 7, 2024
“So, you’ve mapped Tier-2. Now what?” This was the deliberately optimistic title of a very recent CPO community call that explored just how far into the supply chain our members have visibility. As we know, having knowledge of who our suppliers are is one thing, but it’s quite another to have a good understanding of who our suppliers’ suppliers are – not to mention those even further beyond.
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How supply chains used FLOW after the Baltimore bridge collapse
Supply Chain Dive
MAY 15, 2024
C.H. Robinson, ITS Logistics, Home Depot and IMC Companies shared insights on the federal data-sharing platform designed to improve visibility of disruptions.
The Trends That Are Driving a Surge in Manufacturing M&A Deals
Supply Chain Brain
MAY 8, 2024
With inflation and interest rates easing, manufacturing investment is on the rise. Several large manufacturers have said they plan to increase capital investments and merger and acquisition deal-making in 2024.
How To Align Product Management And Supply Chain Operations For Successful Product Launches
Speaker: Shalini Dinesh
Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.
Procurement 6 – May 10th, 2024
Art of Procurement
MAY 9, 2024
Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – May 10th, 2024 appeared first on Art of Procurement.
DocJuris: Vendor Analysis — Contract analytics solution overview, roadmap, competitors, user considerations, analyst summary
Spend Matters
MAY 6, 2024
This Spend Matters Vendor Analysis provides an overview of DocJuris and its contract analytics solution. DocJuris is a contract markup specialist that uses AI to expedite the contract review process. As a markup-focused solution, DocJuris aims both to save time spent reviewing documents and to identify potential risks based on preconfigured, customer-specific settings.
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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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FPGA vs. GPU: Which is better for deep learning?
IBM Supply Chain Blog
MAY 10, 2024
Underpinning most artificial intelligence (AI) deep learning is a subset of machine learning that uses multi-layered neural networks to simulate the complex decision-making power of the human brain. Beyond artificial intelligence (AI) , deep learning drives many applications that improve automation , including everyday products and services like digital assistants, voice-enabled consumer electronics, credit card fraud detection and more.
USPS wants to make controversial changes to shipping partner deals this month
Supply Chain Dive
MAY 3, 2024
The agency's leader told consolidators on March 27 that he is pursuing agreements within 45 days on a plan that has sparked cost and service concerns.
Diversifying Beyond China: An Imperative for Global Supply Chain Resilience
Supply Chain Brain
MAY 29, 2024
With supply chains facing increasing complexities and risks, a “China Plus One” sourcing strategy has emerged as crucial for businesses operating on a worldwide scale.
How Certified Procurement Professionals Drive Business Success
Procurement Freelancers
MAY 17, 2024
Although every step matters in the contemporary business world, specific actions set leaders apart. Certified… The post How Certified Procurement Professionals Drive Business Success first appeared on Procurement Blog | Procurement & Supply Chain News.
How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software
Advertiser: GEP
Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk. When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.
A CPO’s first 100 days: What to focus on and how to build a plan of attack
Spend Matters
MAY 24, 2024
As a member of senior management, we are expected to hit the ground running and show how we are driving change for the company. CPOs typically report to a C-Level member of the executive team, and being prepared before you arrive is critical. Many of us have our own beliefs for how to measure success, but I would argue that there are some fundamentals involving people, process, data and technology to exceed in our role and achieve company goals.
How Supply Chain Resilience is Vital in Warehouse Management
All Things Supply Chain
MAY 27, 2024
Today, businesses are constantly navigating a dynamic landscape filled with unforeseen challenges.
Responsible AI can revolutionize tax agencies to improve citizen services
IBM Supply Chain Blog
MAY 31, 2024
The new era of generative AI has spurred the exploration of AI use cases to enhance productivity, improve customer service, increase efficiency and scale IT modernization. Recent research commissioned by IBM® indicates that as many as 42% of surveyed enterprise-scale businesses have actively deployed AI, while an additional 40% are actively exploring the use of AI technology.
Walmart confirms hundreds of coporate layoffs
Supply Chain Dive
MAY 15, 2024
The retailer also said “the majority” of remote workers and those at offices in Dallas, Atlanta and Toronto, must relocate — mostly to its Arkansas headquarters.
The Evolution of Control Towers to Command Centers
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Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.
Four Reasons Data Builds a Circular Supply Chain
Supply Chain Brain
MAY 5, 2024
Navigating a linear supply chain is like driving down a one-way, dead-end street — movement is forced down a singular path and there’s only one place to go: the garbage.
How GEP Solutions Transform Procurement Processes
Procurement Freelancers
MAY 7, 2024
Both strategic innovation and operational efficiency are critical in the quickly changing corporate environment. This… The post How GEP Solutions Transform Procurement Processes first appeared on Procurement Blog | Procurement & Supply Chain News.
A proactive supply chain risk posture is increasingly necessary — and finally possible
Spend Matters
MAY 23, 2024
This content does not express the views or opinions of Spend Matters. There has been a steady stream of supply chain crises in the news this spring, from shipping delays in the Middle East due to regional conflict to the halting of semiconductor production in Taiwan and the upending of imports and exports out of Baltimore. Each unexpected event serves as a reminder to stakeholders across the supply chain that disruption is inevitable — but it doesn’t have to be unpredictable.
Maria Villablanca Wants You to Find Your Passion and Your Tribe
Let's Talk Supply Chain
MAY 16, 2024
The final days of spring are numbered as we continue hurtling to the halfway point of 2024. How did we get here already? Supply Chain is no stranger to change, challenges, and yes, general chaos, but this year has been its own kind of animal charged by a strained global economy, shifting tensions across continents, and a major presidential election that could have resounding impacts across business and commerce this coming fall.
The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing
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. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene
Achieving cloud excellence and efficiency with cloud maturity models
IBM Supply Chain Blog
MAY 17, 2024
Business leaders worldwide are asking their teams the same question: “Are we using the cloud effectively?” This quandary often comes with an accompanying worry: “Are we spending too much money on cloud computing?” Given the statistics—82% of surveyed respondents in a 2023 Statista study cited managing cloud spend as a significant challenge—it’s a legitimate concern.
USPS plans 25% average price hike for Parcel Select shippers
Supply Chain Dive
MAY 13, 2024
The ground delivery offering has been the target of controversial changes that would impact key shipping partners like DHL eCommerce and Pitney Bowes.
Red Sea Risk Matrix: A Model for Managing Supply Chain Disruption
Supply Chain Brain
MAY 7, 2024
If you’re still viewing supply chain disruptions as one-off or random occurrences, you’re doing it wrong. These events are chronic and inevitable.
Discover the Ultimate Suppliers Sourcing Solution for Your Business
Procurement Freelancers
MAY 28, 2024
The identification and selection of the right suppliers is a very important factor in the… The post Discover the Ultimate Suppliers Sourcing Solution for Your Business first appeared on Procurement Blog | Procurement & Supply Chain News.
Scaling Logistics for Success: A White Claw Story
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
Agiloft: Vendor Analysis — Contract lifecycle management solution overview, roadmap, competitors, user considerations, analyst summary
Spend Matters
MAY 20, 2024
This Spend Matters Vendor Analysis provides an update on Agiloft and its contract lifecycle management (CLM) solution. We last covered Agiloft in 2020, and the provider has since continued to build advanced functionalities to appeal to large organizations. Agiloft’s product updates have centered around AI, including recent generative AI releases. Overall, the provider has cemented its position as a best-of-breed provider that can compete against any CLM provider on the basis of solution depth, w
How Did AI Hurt Red Lobster But Help ALDI?
Procurement Insights
MAY 26, 2024
Under Kenny, Red Lobster also cut two of its longtime shrimp suppliers— and competitors to Thai Union — to purchase more shrimp from Thai Union at higher costs, according to Red Lobster’s bankruptcy filing. Kenny’s decision came “in apparent coordination with Thai Union and under the guise of a ‘quality review,’” Red Lobster said. These changes culminated in a $20 endless shrimp promotion in 2023 that would come back to haunt Red Lobster.
Enhancing triparty repo transactions with IBM MQ for efficiency, security and scalability
IBM Supply Chain Blog
MAY 24, 2024
The exchange of securities between parties is a critical aspect of the financial industry that demands high levels of security and efficiency. Triparty repo dealing systems, central to these exchanges, require seamless and secure communication across different platforms. The Clearing Corporation of India Limited (CCIL) recently recommended (link resides outside ibm.com) IBM® MQ as the messaging software requirement for all its members to manage the triparty repo dealing system.
High port volumes expected for 2024’s peak season: forecast
Supply Chain Dive
MAY 10, 2024
Consumer spending will drive 2 million-plus TEUs of monthly loaded imports at the nation’s top ports through October, the National Retail Federation and Hackett Associates project.
Supply Chain Orchestration: A New Era in Supply Chain Management
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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.
Outpacing Disruption by Regionalizing Supply Chains
Supply Chain Brain
MAY 13, 2024
Gartner predicts that by 2028, 70% of companies will adopt regionally diversified supply chain models to improve network resiliency in the face of ongoing global disruptions.
Top Tips for Working with a Purchasing Consultant
Procurement Freelancers
MAY 25, 2024
The improvement of buying processes has become rather critical in the modern business environment. This… The post Top Tips for Working with a Purchasing Consultant first appeared on Procurement Blog | Procurement & Supply Chain News.
What is a procurement platform anyway?
Spend Matters
MAY 21, 2024
Many procurement solution providers claim to be ‘platform’ providers. What is the difference between an app provider and a platform provider? And does it even matter to procurement or others in general? In this article, prt of which originally published in 2014, our analysts explain why it does. This content is for members only. Visit the site and log in/register to read.
Analyst Map Inductee: The Four Cornerstones Of Learning In The Digital AI Era
Procurement Insights
MAY 6, 2024
EDITOR’S NOTE: I am now starting to build my Analyst Solution Map of ten solution providers who I not only see as leaders in their specific area of service but will, through the use of an agent-based model , ensure successful implementations and promised practitioner outcomes. In short, my creditability as an analyst will be and is linked to your success.
How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy
Speaker: Paul Heller
Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro
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