Procurement Templates
DECEMBER 28, 2023
A certain amount of stress is normal in procurement, we are chasing deadlines, trouble shooting contracts, keeping stakeholders happy, therefore we need an avenue to release the stress and take steps time out to look after ourselves. The busier you are, the more it’s been recommended to take some time out to clear your mind. Sometimes, we don’t have the luxury of leaving our desks, and you can only take so many coffee breaks.
ProcurePort
DECEMBER 26, 2023
In the dynamic landscape of modern business operations, the Procure-to-Pay (P2P) process stands as a linchpin, connecting the various facets of supply chain management into a seamless and efficient workflow. P2P encapsulates a series of meticulously orchestrated steps that begin with the identification of a need for goods or services and culminate in the completion […] The post A Guide to Procure-to-Pay (P2P) Process appeared first on ProcurePort Blog.
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Spend Matters
DECEMBER 28, 2023
Procurement is entering an exciting new era of embedded intelligence. Technologies such as generative artificial intelligence (AI) and machine learning make possible what was only dreamt of in years past — intelligent automation, predictive procurement and exponential data processing. As generative AI and other disruptive technologies continue to accelerate in 2024, embracing digital transformation in the procurement space will be imperative for success.
Supply Chain Brain
DECEMBER 25, 2023
Although the global business community has been confronting modern slavery for years, it hasn’t been able to slow its rise. But there is an opportunity for that to change.
Advertiser: GEP
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.
SCMR (Supply Chain Management Review)
DECEMBER 26, 2023
As we head into 2024, top 10 supply chain lists feature the usual suspects: technology, visibility, AI. But a focus on talent is needed to ensure the investments in these more high-profile areas provide value.
Procurement Templates
DECEMBER 28, 2023
When you sometimes just want a physical sheet that you can scribble on and a nice planner to boot. Download and print Beige-Minimalist-Daily-Planner-procuremen-templates Download You might also like Team Meeting Agenda The post Daily Planner appeared first on Procurement Templates.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Supply Chain Brain
DECEMBER 28, 2023
By adopting AI technology to analyze critical enterprise-wide contract data and gain insights into supplier practices, companies can identify red flags and deviations from compliance standards
SCMR (Supply Chain Management Review)
DECEMBER 29, 2023
More than half of businesses have moved their enterprise software applications to the cloud, and 76% expect AI to play a key role in their supply chains by 2026 says a report from Loftware.
Procurement Insights
DECEMBER 27, 2023
EDITOR’S NOTE: Yesterday’s post certainly started to stimulate some thought-provoking feedback from people like Dave Jones and R.Gökhan Hüner. The following are their respective comments and my corresponding response. Dave Jones, MCIPS (and Next Gen Rebel) Great post. Failure to involve end users in tech decisions and subsequent implementation is the main reason things fail.
SCMDOJO
DECEMBER 28, 2023
In the era of the Digital Retail Revolution, adaptive supply chain management is imperative amid the surge in online retail and the social commerce boom. Notably, social commerce entails direct buying and selling on social media platforms. According to a recent report by Global Web Index, modern shoppers distribute their attention across multiple social platforms and are increasingly likely to purchase products on their mobile devices.
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.
Supply Chain Brain
DECEMBER 25, 2023
For the past few years, the topic of the microchip shortage dominated media headlines. Now, another shortage is creating obstacles on the path to equilibrium in the semiconductor supply chain: talent.
SCMR (Supply Chain Management Review)
DECEMBER 27, 2023
Nearly 75% of companies plan to reduce their share of sourcing from China, with the U.S. and Mexico appearing to be the big winners according to an AlixPartners survey.
Procurement Insights
DECEMBER 23, 2023
Do you know these faces? You better, because these are the faces of procurement’s change in 2024. Over the Holiday break, I will profile each one, briefly explaining why they are on Procurement’s Most Wanted list. NOTE: They are definitely armed with new and dangerous ideas, so be prepared! Once A Rebel, Always A Rebel During my walk on the wild side, I “ aided and abetted ” one or two rebels over the years.
Spend Matters
DECEMBER 27, 2023
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.
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
Supply Chain Brain
DECEMBER 26, 2023
It’s important to stay vigilant during the busy season to ensure operations continue running smoothly and employees stay safe on and around material handling equipment.
SCMR (Supply Chain Management Review)
DECEMBER 28, 2023
A new survey found that 87% of B2B leaders say a supply chain management system is the most important solution to offering a frictionless digital purchasing journey to customers.
Procurement Insights
DECEMBER 28, 2023
In a previous post, I talked about press releases – more specifically, their effectiveness in influencing prospect and new client decision-making. I then posted the following question on social media to solicit feedback from my 58,000 followers/connections: Here is a response I received on Twitter that echos the sentiments of almost every reply to my question on all mediums: David Loseby MCIOB Chtr’d FAPM FCMI FCIPS Chtr’d FRSA MIoD MICW Another industry thought leader expanded
Spend Matters
DECEMBER 29, 2023
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.
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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.
Supply Chain Brain
DECEMBER 28, 2023
The solution is not eliminating free returns, but fixing convoluted supply chains and collaborating with shippers to make reverse logistics more affordable.
SCMR (Supply Chain Management Review)
DECEMBER 26, 2023
Revolutionize your distribution center with an adaptable, cost-effective robotic sortation system. Download our white paper to learn more.
Vested Way
DECEMBER 29, 2023
In 2016 Telenet – Belgium’s second largest telco provider – found itself in a fast-changing Telecom world. Senior executives chartered a task force to embark on a six-month effort to review the changing landscape of how increased commoditization and digitization would impact how Telenet operated. This strategic review also included assessing core competencies and determining what areas to consider for more strategic outsourcing.
Arkestro
DECEMBER 28, 2023
Just how much do procurement organizations stand to gain by investing in automation tools? To find out, Arkestro conducted a field trial across three different organizations with its predictive procurement tool to analyze how impactful intelligent procurement can be, and how much savings were possible. Corey Turoff, Director of Implementation at Arkestro, explains.
Advertiser: GEP
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.
Supply Chain Brain
DECEMBER 27, 2023
2023’s peak season will have seen supply chain professionals both relying on tried-and-true peak season strategies and testing next-gen solutions.
SCMR (Supply Chain Management Review)
DECEMBER 25, 2023
The Association for Supply Chain Management has introduced a new resiliency certificate that will train leaders on the concepts, practices and trends in building resilient supply chains.
Pipefy
DECEMBER 28, 2023
Process Cycle Efficiency (PCE) is a popular metric organizations use to measure business process efficiency by identifying areas for improvement. Understanding how this metric works is key to enhancing productivity, reducing costs, and delivering higher-quality products and services to customers. In this article, we’ll explore the idea behind the PCE concept, how it is calculated, ways to improve it, and factors that influence the metric.
Arkestro
DECEMBER 27, 2023
Unlock Your 60-Day Savings Journey at Booth #709 Join us at Manifest Vegas where we will be presenting the magic of AI technologies and unlocking endless possibilities for transforming end-to-end supply chain and logistics. Caesars Forum 3911 S. Koval Lane Las Vegas, NV 89109 Exhibit Hall: Arkestro Booth #709, Forum and Summit Ballrooms } February 5 – 7, 2024 Our Featured Speaker On Tuesday, February 6th at 2:55pm, our own Neil Lustig will be featured on a panel discussing Unlocking Eff
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,
Supply Chain Brain
DECEMBER 26, 2023
Toyota and Honda will each invest about $1.44 billion in the country, while Isuzu Motors and Mitsubishi will combine to invest the remaining $1.44 billion.
SCMR (Supply Chain Management Review)
DECEMBER 26, 2023
Quick and reliable drayage solution saves retailer thousands on demurrage fees. Download case study to learn how PITT OHIO stepped in to help.
The Good Spending
DECEMBER 27, 2023
The source link. How could you describe your career path in a few words? I worked in procurement for 22 years - telecom, airline, railways, public infrastructure services and consulting industries, and multiple geographies. I’m a Fellow of CIPS and an author of “ The Technology Procurement Handbook ,” where I tried to share my passion for what we used to call “IT Procurement.
Planergy
DECEMBER 25, 2023
What's Planergy? Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. Learn more We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy.
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
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