ABC of Procurement
OCTOBER 23, 2023
Your career as a procurement professional can go in different directions. Knowing the options early help you to specialize. The post Your career in procurement – the two paths first appeared on ABC of Procurement.
ProcurePort
OCTOBER 25, 2023
• Vendor management is essential for cost efficiency, quality assurance, risk mitigation, and fostering innovation through collaborative relationships with suppliers. • Good vendor management strategies involve working together, measuring performance, building relationships, managing risks, integrating technology, and considering supplier diversity.
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SCMR (Supply Chain Management Review)
OCTOBER 24, 2023
Join this webcast to discover unique strategies to overcome these procurement challenges.
ProcurePort
OCTOBER 27, 2023
• Digital transformation in procurement is essential due to the availability of advanced tools, data-driven insights, and collaborative technologies that streamline processes, reduce costs, and enhance efficiency. • Organizations should follow a roadmap for digital transformation, assessing their current state, setting clear objectives, selecting the right tools, educating and training their workforce, measuring progress, and […] The post Why is Now the Time to Digitally Transform Procurem
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,
Spend Matters
OCTOBER 26, 2023
The ascent of cost reduction and value creation as key focal points for the procurement professional is indisputable. The most direct avenue to addressing both aspects lies in enhancing the efficiency of procurement through dedicated source-to-pay and spend management platforms. This is why, when participating in the 2023 Spend Matters Deloitte Global Chief Procurement Officer (CPO) Survey , which Spend Matters Chief Research Officer Pierre Mitchell assisted in creating, CPOs cited digital trans
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.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought 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.
Supply Chain Brain
OCTOBER 23, 2023
The UAW’s selective strike strategy has been successful in preserving its strike fund, which implies that the UAW can continue the current pace of strikes for 36 more weeks.
Supply Chain Trend
OCTOBER 25, 2023
What would a Martian expert in supply chain planning and technology think when looking back at earth? With all technology available on earth would it continue with a 30+ year old, sequential, cascading, rather sluggish, manual planning process with a lack of focus on decision digitisation, decision quality and decision learning? Or would it start with a blank sheet and reimagine IBP?
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.
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.
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.
Supply Chain Brain
OCTOBER 26, 2023
Staying ahead of supply chain disruptions today is both art and science: the art of knowing the trends to prepare for, and the science of determining how to reduce risk and increase resilience.
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.
Supply Chain Dive
OCTOBER 24, 2023
Matthew Shay said inventory-to-sales ratios' return to pre-pandemic levels and his conversations with retail executives suggest the period of inflated stock levels are over.
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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.
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.
Supply Chain Brain
OCTOBER 26, 2023
As food shortages continue to affect consumers on a global scale, it’s high time that business and supply chain leaders move past considering how we got here, and take action to minimize, mitigate and prevent additional shortages.
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.
Supply Chain Dive
OCTOBER 24, 2023
Despite a constrained global supply of the crop, experts don't believe it will affect sweets makers in the U.S. ahead of the holidays.
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
SCMR (Supply Chain Management Review)
OCTOBER 25, 2023
Most holiday inventory is already in place, says NRF’s Matthew Shay, as retailers continue to monitor consumer trends.
Supply Chain Brain
OCTOBER 24, 2023
America’s battery supply chain is still in development, but to ensure its resilience and reliability will call for best-in-class professionals.
Spend Matters
OCTOBER 25, 2023
This second part of our three-part Spend Matters 2023 Vendor Analysis update focuses on the strengths and weaknesses of Tipalti’s AP Automation solution. It also looks at the elements to consider when looking at Tipalti as a potential solution provider. Part 1 provides a history and overview of Tipalti´s AP Automation solution, a company-level SWOT analysis and profiles of competitors.
Supply Chain Dive
OCTOBER 25, 2023
Most of the parcel carriers’ deadlines fall in the days prior to Dec. 20 for shippers who want their products delivered before Christmas.
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.
SCMR (Supply Chain Management Review)
OCTOBER 26, 2023
The shutdown of digital broker Convoy has sent shockwaves through the freight world, but it may not be the last freight brokerage to close its doors.
Supply Chain Brain
OCTOBER 26, 2023
Following the implementation of this technology, Naturepedic’s entire offering will be roll-packed in recyclable kraft paper rather than plastic.
Spend Matters
OCTOBER 25, 2023
The third part of this three-part Spend Matters Insider Vendor Analysis 2023 update delivers a deeper overview of each part of Tipalti offering for AP Automation, with a detailed look at each of its modules. We also cap off the series with an analyst summary. The first part provides a company background, Tipalti’ general capabilities, a SWOT analysis and an examination of its competitors.
Supply Chain Dive
OCTOBER 27, 2023
The hubs will focus on a range of technologies, including battery manufacturing, AI-driven biotechnology and quantum computing.
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.
SCMR (Supply Chain Management Review)
OCTOBER 24, 2023
Logistics White Paper, A warehouse management system (WMS) can improve efficiency and service levels, but choosing the right one can be difficult. enVista offers a proprietary RFP based on their expertise and experience, with an updated version for 2023. The RFP template includes key requirements such as location management, receiving, replenishment, and inventory control.
Supply Chain Brain
OCTOBER 26, 2023
The new national study found that 69% of workers surveyed stayed home without pay to recover, including 34% who did so three or more times.
Spend Matters
OCTOBER 23, 2023
In this Spend Matters Vendor Analysis we provide an overview of AnyData Solutions and its solution for spend analytics, contract management, supplier relationship management and ESG/performance tracking. In the world of business, procurement departments play a pivotal role in shaping an organization’s success. They are the gatekeepers of resources, responsible for sourcing goods and services that drive operations, impact profitability and influence overall efficiency.
Supply Chain Dive
OCTOBER 23, 2023
As the U.S. looks to counter China’s dominance in critical mineral supply and processing, it’s leveraging alliances to better share data and resources.
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CEVA Logistics, a global leader in third-party logistics, was contracted to help a technology company manage its complex supply chain, supporting B2B, B2C, and reverse flows across multi-leg transport. CEVA leveraged Kinaxis to eliminate blind spots across supply chain activities, centralize order and logistics management, and drive cost-effective plans for order execution.
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