Sat.Nov 11, 2023 - Fri.Nov 17, 2023

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What are the Pillars of Sustainable Procurement?

ProcurePort

Sustainable procurement is gaining popularity as people prioritize environmental concerns, social responsibility, and ethical practices in today’s global discussions. Companies are recognizing the significance of using procurement practices that align with present business requirements. These practices also contribute to building a sustainable and resilient future.

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3 key holiday strategies for suppliers: Are you ready?

Supply Chain Dive

The holiday season is critical, but it doesn’t have to be chaotic and stressful. The right strategies can help you stay ahead of the curve so your business can take on holiday pressure with renewed confidence.

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How to Optimise a Small Procurement Department

Barkers Procurement

There are several different reasons why you might wish to optimise your procurement department. Your business or organisation could be entering a new growth phase or a growth strategy phase. You might be developing a new product or breaking into a new market. Then there are more straightforward business reasons such as the need to control costs and increase profitability.

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‘It is everywhere’: Rooting out forced labor from supply chains

Supply Chain Dive

Only half of surveyed procurement executives feel they are making effective progress on modern slavery risks in their sourcing, according to a recent Gartner report.

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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,

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Understanding Purchase Orders: A Deep Dive into the Procurement Process

ProcurePort

In global commerce, the Purchase Order (PO) is a crucial document that facilitates the exchange of goods and services. This document is crucial for a smooth purchasing process. It ensures that businesses receive what they need on time. In this exploration, we will examine the concept of a purchase order. We will understand the different […] The post Understanding Purchase Orders: A Deep Dive into the Procurement Process appeared first on ProcurePort Blog.

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The 10 Largest Cargo Ships in the World in 2023

All Things Supply Chain

In the world of global trade and logistics, cargo ships are the unsung heroes that transport goods across the oceans, linking manufacturers, suppliers, and consumers worldwide.

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More Trending

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Intermodal shippers to get another US-Mexico option in January

Supply Chain Dive

J.B. Hunt and BNSF are teaming up with Grupo México Transportes on a rail and truck service linking multiple cross-border markets.

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IBM named a Leader in The Forrester Wave™: Digital Process Automation Software, Q4 2023

IBM Supply Chain Blog

Forrester Research just released “The Forrester Wave™: Digital Process Automation Software, Q4 2023: The 15 Providers That Matter Most And How They Stack Up” by Craig Le Clair with Glenn O’Donnell, Renee Taylor-Huot, Lok Sze Sung, Audrey Lynch, and Kara Hartig and IBM is proud to be recognized as a Leader. IBM named a Leader In the report, Forrester Research evaluated 15 digital process automation (DPA) providers against 26 criteria in three categories: Current offering,

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Supply Chain Sustainability Pressures Persist

SCMR (Supply Chain Management Review)

Supply chain sustainability efforts continue to ramp up, but while companies are responding to global challenges, economic pressures are a different story.

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Watch: All About Visibility — And the Tools That Make It Possible

Supply Chain Brain

Rich Kilmer, chief executive officer of CargoSense, brings us up to date on the technology that enables shipment visibility — including the internet of things and digital twins — and what shippers are really looking for in that department.

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Strategic Cost Management Approaches to Unlock Growth and Increase Profitability

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.

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Kraft Heinz veteran joins Utz Brands as chief integrated supply chain officer

Supply Chain Dive

Mitchell Arends will oversee procurement, manufacturing, transportation, warehousing and planning as the snack food company looks to accelerate its optimization goals.

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Top 6 Kubernetes use cases

IBM Supply Chain Blog

Kubernetes , the world’s most popular open-source container orchestration platform , is considered a major milestone in the history of cloud-native technologies. Developed internally at Google and released to the public in 2014, Kubernetes has enabled organizations to move away from traditional IT infrastructure and toward the automation of operational tasks tied to the deployment, scaling and managing of containerized applications (or microservices ).

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Supply Chain Post Mortem: Convoy

Art of Procurement

Convoy (2015 – 2023) was a freight brokerage that aimed to disrupt a high-volume, low-margin space by applying advanced automation. The post Supply Chain Post Mortem: Convoy appeared first on Art of Procurement.

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The Hidden Cost of Plug-in Hybrid Fleets

Supply Chain Brain

The savings as well environmental benefits of plug-in hybrid electric vehicles (PHEVs) vanish when fleet drivers fail to charge and become overly reliant on the gasoline engine.

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The Art of Consistent Perfect Order Delivery: Smart Order Fulfillment Through Orchestration

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.

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Navigating the quantum revolution in logistics

Supply Chain Dive

Logistics management has entered a new era, marked by the demand for rapid shipping, optimized value chains and real-time adaptability to supply chain disruptions.

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How to accelerate your data monetization strategy with data products and AI

IBM Supply Chain Blog

Data monetization is a business capability where an organization can create and realize value from data and artificial intelligence (AI) assets. A value exchange system built on data products can drive business growth for your organization and gain competitive advantage. This growth could be internal cost effectiveness, stronger risk compliance, increasing the economic value of a partner ecosystem, or through new revenue streams.

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AI in Procurement and ‘Autogmentation’ Part 3 — How similar is Generative AI to other previous technologies?

Spend Matters

In the previous parts of our series, we covered AI in detail, highlighting its evolution over time and the different levels of AI. We also covered the state of AI adoption in business and procurement. However, we didn’t address the elephant in the room: generative AI. Generative AI has captured the attention of many people because of the broad use cases that it can cover (anyone can relate to a tangible use case, which is very different from other past technologies such as blockchain) and of its

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Watch: Building Environmental Sustainability in Supply Chains

Supply Chain Brain

Jagadish Turimella, chief operating officer and co-founder of GEP, offers some best practices that companies can adopt for ensuring that their supply chains are prioritizing sustainability.

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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

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How Black Friday and Cyber Monday test supply chain adaptability and resilience

Supply Chain Dive

How proactive inventory planning and operations management can keep brands from falling behind during the holiday season.

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An introduction to Wazi as a Service

IBM Supply Chain Blog

In today’s hyper-competitive digital landscape, the rapid development of new digital services is essential for staying ahead of the curve. However, many organizations face significant challenges when it comes to integrating their core systems, including Mainframe applications, with modern technologies. This integration is crucial for modernizing core enterprise applications on hybrid cloud platforms.

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Spend Matters Future 5 2023 — Introducing ORO Labs

Spend Matters

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

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Watch: Managing the Yard: Why a YMS?

Supply Chain Brain

With all the focus on warehouse management systems, facilities might be neglecting the importance of managing the yard as well, says Colin Mansfield, vice president of Yard Management Solutions.

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Exploring the Advantages and Hurdles of Direct Store Deliveries

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.

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Port of Brunswick adds Mexico service as Georgia auto shipments skyrocket

Supply Chain Dive

Besides the Gold Star service offered by Zim, CMA CGM also started a new short-sea service carrying vehicles from Mexico to the Southeastern port.

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Legacy application modernization: A comprehensive approach to modernize your business 

IBM Supply Chain Blog

In today’s rapidly evolving business landscape, legacy applications often stand as barriers to progress. These existing systems, characterized by outdated technology and architecture can hinder an organization’s ability to keep up with changing business needs and pose significant security and operational risks. Staying competitive is essential in today’s fast-paced business industry—this is where legacy application modernization comes into play.

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The Shift from China is Leading to India

SCMR (Supply Chain Management Review)

India has seen a 44% increase in exports to the U.S. as American companies looking to diversify their supply chains turn away from China.

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Integrated Scenario Planning – Driving a Better Understanding of Risks & Opportunities

Supply Chain Brain

Like a world-class chess player, scenario planning allows you to anticipate moves and counter moves to visualize how the “game” will play out and adjust your strategy and plans before the game begins!

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Five Best Practices for Balancing Costs, Risks, and Sustainability

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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US Postal Service plans 2024 rate hikes for Ground Advantage, other products

Supply Chain Dive

The price increases, which are slated to take effect on Jan. 21, come as the agency faces continued financial challenges.

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Zip Forward 2023: Recap of first annual Zip User Conference

Spend Matters

On November 8, Zip hosted its first annual Zip Forward User Conference in San Francisco, California. At the event, the provider revealed several new solution features, including a relatively robust sourcing module. Zip also hosted panels and facilitated keynotes and Q&A sessions with various procurement and finance leaders from notable customers, such as Snowflake, OpenAI, Discover and Northwestern Mutual.

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Kearney Experts Publish Supply Chain Operations book

SCMR (Supply Chain Management Review)

A new book, Strong Supply Chains Through Resilient Operations, from the consultants at Kearney offers real-world examples and insight on how to build resilient supply chain operations.

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Quarterly Freight Data Report Q3 2023

Supply Chain Brain

The Quarterly Freight Data Report: A Q3 Review of the Trucking Economy & How It Will Shape Q4 '23 is a publication using Loadsmart data sets for shippers. Understanding the cyclical nature of the market, and where we currently are within that market, helps Shippers to make better predictions for the current quarter and into the new year.

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CEVA Logistics Drives Agile, Multi-Leg Inbound Flows for Tech Company

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.