Sat.Dec 30, 2023 - Fri.Jan 05, 2024

article thumbnail

Procurement Jobs And How To Get Hired

Procurement Templates

UK Agencies, not in any particular order: Michael Page Procurement & Supply Chain Bramwith Consulting Hays Procurement 1st Executive Procurement PeopleCloud Portfolio Procurement Procurement Heads Edbury Daley Reed Procurement & Supply Chain Barclay Meade Procurement & Supply Chain Standing out in a job application process can be challenging, but it’s definitely possible.

article thumbnail

Forge a path to sustainable growth

Procurement Leaders

Today marks an inflection point for the world and for procurement. Climate change, artificial intelligence, geopolitical uncertainty, and demographic changes are among the trends reshaping the world as we know it. This great reshaping brings with it challenges, but also opportunities – especially for procurement. From driving down carbon emissions to embedding new autonomous AI technologies and reformatting supply chains, the function is one of the central enablers of these trends and the grow

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Increase Picking Density with Mezzanines, Pick Towers, and Automation

Supply Chain Brain

Warehouse operators can increase the density of their pick operations by installing pick towers and mezzanines within their current facilities, boosting throughput inside their existing building.

article thumbnail

Red Sea attacks: Ocean shipping rates jump more than 50% in key lanes

Supply Chain Dive

Rates from Asia to the U.S. East Coast reached $3,900 per FEU in the past week, with additional surcharges to start this month, according to Freightos.

126
126
article thumbnail

7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

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.

article thumbnail

Contract Management Responsibilities Checklist

Procurement Templates

Creating a comprehensive contract management checklist involves several key steps to ensure effective oversight and compliance. Here’s a detailed checklist you can use: Contract Initiation: Define contract objectives and requirements. Identify stakeholders and their roles. Establish contract terms and conditions. Preparation and Drafting: Create a draft reflecting agreed-upon terms.

article thumbnail

IBM’s new watson large speech model brings generative AI to the phone 

IBM Supply Chain Blog

Most everyone has heard of large language models, or LLMs, since generative AI has entered our daily lexicon through its amazing text and image generating capabilities, and its promise as a revolution in how enterprises handle core business functions. Now, more than ever, the thought of talking to AI through a chat interface or have it perform specific tasks for you, is a tangible reality.

More Trending

article thumbnail

AI’s transformative role in empowering companies to optimize procurement

Supply Chain Dive

Here’s a look at how the technology is making waves in supplier management, predictive analytics and more, from Vroozi's Shaz Khan.

article thumbnail

Cultural, Country Differences Can Influence Nearshoring Decisions

SCMR (Supply Chain Management Review)

While nearshoring can be a risk mitigation tool, it’s important for businesses to consider the differences between countries, including cultural, trade and even weather patterns, which can lead to road closures or weight reductions.

article thumbnail

A brief history of cryptography: Sending secret messages throughout time

IBM Supply Chain Blog

Derived from the Greek words for “hidden writing,” cryptography is the science of obscuring transmitted information so that only the intended recipient can interpret it. Since the days of antiquity, the practice of sending secret messages has been common across almost all major civilizations. In modern times, cryptography has become a critical lynchpin of cybersecurity.

Data 98
article thumbnail

New Actions from the White House Highlight the Difficulty of Tracing Forced Labor in Supply Chains

Supply Chain Brain

While recent actions won’t end the issue of forced labor entirely, this may well be a meaningful milestone in the long-running effort.

article thumbnail

Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

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.

article thumbnail

UPS plans reduced sorting operations, layoffs at Louisville hub

Supply Chain Dive

The carrier will lay off an undisclosed number of employees at the facility, which was the center of a brief Teamsters strike threat in December.

112
112
article thumbnail

New Year Insights for the procurement solutions and services marketplace 2024: Ivalua

Spend Matters

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.

article thumbnail

Global Container Shipping Industry Sets Sights on Tech Investment, Capacity Concerns

SCMR (Supply Chain Management Review)

Supply chain professionals in the global container shipping industry expect more technology investment and positive growth in the market in 2024.

article thumbnail

69% of Employees Said They Experienced Burnout in 2023

Supply Chain Brain

71% of employees said burnout impacted their work with 45% saying they’re not as enthusiastic as they could be, while another 26% said they only performed their required responsibilities.

102
102
article thumbnail

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

article thumbnail

FedEx Express sees ‘significant headwind’ from reduced US Postal Service volume

Supply Chain Dive

Strategic shifts from both carriers complicate efforts to renew their air transportation contract, which expires in September.

Contract 116
article thumbnail

New Year Insights for the procurement solutions and services marketplace 2024: Sphera

Spend Matters

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.

article thumbnail

Disruption Challenges Procurement Leaders to Steady Supply Chains

SCMR (Supply Chain Management Review)

Disruption has significantly altered the landscape for procurement leaders, challenging their ability to maintain stable supply chains and make strategic decisions. There are some options, though, to help mitigate the challenges.

article thumbnail

Physical Operations, Politics Will Be Suppliers’ Biggest Hurdles in 2024

Supply Chain Brain

Physical operations will present the biggest challenge to companies at the beginning of 2024 with the ongoing conflict in the Middle East coupled with climate issues disrupting shipping networks.

Suppliers 103
article thumbnail

Supply Chain Orchestration: A New Era in Supply Chain Management

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.

article thumbnail

Evolving supply chains need talent with the gift for seeing end-to-end

Supply Chain Dive

As supply chains transform, teams will need to step out of their siloed functions and focus on organization-wide priorities, Kearney experts write.

article thumbnail

New Year Insights for the procurement solutions and services marketplace 2024: Scoutbee

Spend Matters

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.

article thumbnail

Episode 146: Calling All Solution Enthusiasts! with A’Keela Johnson

Una

EPISODE 146 Calling All Solution Enthusiasts! with A'Keela Johnson By Kelly Barner | January 3, 2024 Procurement is used to dealing with a whole series of stereotypes associated with the profession: bean counters… pencil sharpeners… and penny pinchers, just to name a few. Those nicknames stand in sharp contrast to the value procurement delivers on a daily basis – value that extends far beyond savings to improve the competitive position of the whole company.

article thumbnail

Due Diligence Checklist: A Step-by-Step Guide to Managing Third-Party Bribery and Corruption Risk in 2023

Supply Chain Brain

Companies operating in today’s global business environment must navigate ever-strengthening anti-bribery and corruption regulations. A due diligence checklist takes you step-by-step through the information you need to consider to help carry out a thorough investigation when you’re contemplating a new commercial relationship, a prospective business partner or monitoring an existing one.

Risk 96
article thumbnail

Next-Gen Procurement: Transforming Processes with the Power of Generative AI

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.

article thumbnail

65% of employees say they experienced burnout in 2023

Supply Chain Dive

Although employee burnout is decreasing slightly, most workers say it’s still negatively affecting their job performance.

105
105
article thumbnail

Opstream: Vendor Analysis — Intake solution overview, competitors, tech selection tips, analyst summary

Spend Matters

This Spend Matters Vendor Analysis gives an overview of Opstream’s intake solution. Opstream aims to revolutionize the way companies buy and manage spending through its procurement platform. With a focus on providing full visibility and control over spending before it happens, Opstream offers a self-service, AI-driven system that caters to cross-functional teams and ensures quick implementation.

article thumbnail

According to the Next Gen Rebels, this is what Procurement will look like in 2024

Procurement Insights

EDITOR’S NOTE: Who are the Next Gen (Procurement) Rebels? Check out the article Procurement’s Most Wanted List: Who Are The Next Gen Rebels? to discover who these industry movers and shakers are. The best way to predict or anticipate the future of procurement is to talk to those professionals who want to influence the future versus being a spectator of it.

article thumbnail

Commercial Suez Canal Traffic Down Almost 60% Since Houthi Attacks Began

Supply Chain Brain

An estimated 181 vessels that were originally supposed to travel through the Suez Canal have been rerouted around Africa since the Houthi attacks began.

102
102
article thumbnail

How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - 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,

article thumbnail

Consumers could return $82.1B worth of holiday merchandise, survey finds

Supply Chain Dive

To address the rising cost of returns, 44% of retailers have increased return or restocking fees, according to CBRE and Optoro.

99
article thumbnail

Manufacturing is down to end 2023

SCMR (Supply Chain Management Review)

The report’s benchmark metric, the PMI, came in at 47.4 (a reading of 50 or higher indicates growth), up 0.7% over November’s 46.7, contracting, at a slower rate, for the 14th consecutive month. The past 14 months of contraction were preceded by a stretch of 28 consecutive months of growth. ISM also said that the overall economy contracted in December, at a slower rate, for the third consecutive month, which was preceded by 30 consecutive months of growth.

article thumbnail

Q4 2023 Insider roundup: A deep dive into procurement tech market movements; updated coverage of 15 vendors

Spend Matters

Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters Insider content. Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.

e2e 78
article thumbnail

Vietnamese EV Maker Planning Battery Plant in India

Supply Chain Brain

VinFast said in October 2023it would build assembly factories in India and Indonesia that each have an annual capacity of up to 50,000 cars and a capital expenditure of up to $200 million at first.

89
article thumbnail

How to Stay Competitive in the Evolving State of Martech

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