Sat.Sep 09, 2023 - Fri.Sep 15, 2023

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Procurement and Sustainability: A Harmonious Partnership for a Greener Future

Procurement Templates

In an era marked by growing environmental concerns and the urgent need for sustainable practices, procurement has emerged as a pivotal player in fostering sustainability within organizations. Procurement, traditionally seen as a function focused on sourcing goods and services at the best possible prices, has now evolved into a strategic driver for sustainability.

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The power of diversity in procurement: Driving business success through inclusion — Part 3 (Technology)

Spend Matters

In today’s diverse society, businesses have a crucial role to play in fostering equality and inclusion. However, the business world often needs to improve to reflect the true diversity of society, both within companies and in their supply chains. To bridge this gap, organizations are increasingly embracing the concept of supplier diversity in their procurement processes.

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5 Common Myths About GPOs

Art of Procurement

At Categorypalooza 2023, Brian Halpin, VP and General Manager at Procure Analytics, led a session on the complexities and opportunities. The post 5 Common Myths About GPOs appeared first on Art of Procurement.

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The Market Speaks: Procurement practitioner requirements and the tech vendor response — SAP

Spend Matters

Spend Matters constantly updates its understanding of the state of the procurement tech market via RFIs for our SolutionMap dataset, vendor interviews, global event attendance and product demos with the aim of keeping tech-selection decision makers ahead of market trends. But we also endeavor to grow our understanding of the wants and needs of the customers using that tech – the practitioners.

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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.

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Leveraging Procurement Software with ERP Integration

Fraxion

The advantage of procurement software with ERP integration Companies are looking for ways to stay competitive, and it is no secret that having efficient and streamlined processes is vital to staying ahead of the curve. One critical aspect of business operations is Enterprise Resource Planning (ERP), a comprehensive software system that integrates various departments and functions within an organization.

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Supply Chain Weekly Wrap-Up 09/08/2023-09/14/2023

All Things Supply Chain

Tesla reinvents carmaking with breakthrough Tesla is reportedly on the verge of a game-changing development in electric vehicle (EV) manufacturing.

More Trending

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The Warehouse Lights bet-short stories

ABC of Procurement

This is a real-life story on how procurement sometimes has to support the supplier even if the stakeholders are against the idea. The post The Warehouse Lights bet-short stories first appeared on ABC of Procurement.

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THE BIG INTERVIEW WITH LAURA DANIEL

Procurement Heads

For Procurement Heads’ latest Big Interview, Laura spoke with Gemma Burman about her career in procurement and what challenges she and other procurement leaders currently face in the industry. How did you get into Procurement? So, like most people, I didn’t choose procurement. I think it chose me. I started my career at nPower, a large utility company.

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The Supply Chain Has a New Paradigm

Supply Chain Brain

Now volatility is end to end, and supply chain planning extends beyond order fulfillment to sustainability and resiliency. The good news: They’ve updated the operator’s manual.

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Powering the future: The synergy of IBM and AWS partnership

IBM Supply Chain Blog

We are in the midst of an AI revolution where organizations are seeking to leverage data for business transformation and harness generative AI and foundation models to boost productivity, innovate, enhance customer experiences, and gain a competitive edge. IBM and AWS have been working together since 2016 to provide secure, automated solutions for hybrid cloud environments.

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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.

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Dollar General braces for $95M profit hit as it clears inventory

Supply Chain Dive

While it works to reduce stock levels, the discounter is also investing in new planning tools to help manage flows at stores and distribution centers.

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Where AI Actually Matters in the Supply Chain

The Network Effect

AI is big in supply chain management, but there are places it is ideally suited to, and other areas that are highly problematic. Ranjit Notani explains.

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The Food Supply Chain at Risk: How Can We Secure it?

Supply Chain Brain

Enhanced visibility, paired with purpose-built tools designed to monitor the organization’s most critical applications, along with a strategic response plan, can help manufacturers stay ahead of the curve.

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Data breach prevention: 5 ways attack surface management helps mitigate the risks of costly data breaches

IBM Supply Chain Blog

Organizations are wrestling with a pressing concern: the speed at which they respond to and contain data breaches falls short of the escalating security threats they face. An effective attack surface management (ASM) solution can change this. According to the Cost of a Data Breach 2023 Report by IBM, the average cost of a data breach reached a record high of USD 4.45 million this year.

Data 101
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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

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The power of supplier diversity in procurement: Driving business success through inclusion — Part 2 (ROI)

Spend Matters

In today’s diverse society, businesses have a crucial role to play in fostering equality and inclusion. However, the business world often needs to improve to reflect the true diversity of society, both within companies and in their supply chains. To bridge this gap, organizations are increasingly embracing the concept of supplier diversity in their procurement processes.

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359: Women in Supply Chain, Alexis Mizell-Pleasant

Let's Talk Supply Chain

 In today’s episode of Women In Supply Chain, I’m joined by Alexis Mizell-Pleasant – editor, writer, content creator and veteran. Alexis served in the U.S. Navy as an Engineer and Supervisor in the Reactor department engine room onboard the USS Ronald Reagan, before embracing her passion for writing and pursuing a career in media. Benefitting from a diverse resume of communications experience, Alexis is currently Managing Editor of Food Logistics and Supply & Demand Chain Executive magazine

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Ramping Up Supply Chain Resilience with AI-Powered CLM

Supply Chain Brain

Business systems can’t operate with true effectiveness as stand-alone functions; they must work together for businesses to harvest the most value from their data.

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Unlocking Cost Savings: The Role Of A Purchasing Consultant In Optimising Procurement Strategies

Procurement Freelancers

In an era where every penny counts, businesses are seeking ways to streamline their operations… The post Unlocking Cost Savings: The Role Of A Purchasing Consultant In Optimising Procurement Strategies first appeared on Procurement Blog | Procurement & Supply Chain News.

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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.

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The Cold, Hard Facts About Cold Chain Logistics

Art of Procurement

The term “cold chain” was first used in 1908 to describe meat industry storage and transportation in and out of. The post The Cold, Hard Facts About Cold Chain Logistics appeared first on Art of Procurement.

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Analyst Eye on intake management solutions – Where are they going?

Spend Matters

The term ‘intake management’ has existed for years in a procurement context, but only relatively recently has its role become firmly implemented within the source-to-pay (S2P) software market. That is a result of the added value procurement is required to bring to stakeholders, the need for process user friendliness and adoption, and the so far weakly implemented management of the front end of the end-to-end procurement process.

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Key Considerations in Evaluating the Popular Near-Shoring Trend

Supply Chain Brain

Near-shoring operations shouldn't be done lightly, but only after looking internally at business goals and externally at the market to make an informed decision.

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UK Government tests frictionless trade models with Ecosystem of Trust pilots

IBM Supply Chain Blog

The UK government’s Ecosystem of Trust is a potential future border model for frictionless trade, which the UK government committed to pilot testing from October 2022 to March 2023. The pilots made supply chain data directly accessible to the government, used new technologies to preserve goods’ physical integrity and considered how trusted relationships could enable certain controls to be performed by industry rather than the government.

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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.

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Don’t master AI. Be a Master of Your Business Process!

Supply Chain Trend

Seeing through the AI razzle dazzle Everything seems to be AI these days, which can become overwhelming when you have to think about how it can be used in your industry or business process. All whilst the market is screaming from all directions with their AI message. The AI razzle dazzle will continue. It will probably accelerate. Expect a ChatGPT every one or two years.

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FDA issues warning letters to 3 baby formula makers

Supply Chain Dive

Perrigo, ByHeart and Mead Johnson received letters as part of the agency's ongoing review of formula manufacturing after years of constrained supply and recalls.

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How to Create and Build a Cyber-Resilient Organization

Supply Chain Brain

Building a cyber-resilient organization is no longer something supply chains can wait to do or invest in over time. It has become a critical priority.

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Selecting Supplier Auditors: A Strategic Approach For Businesses

Procurement Freelancers

In the interconnected world of business, supply chains are the primary backbone of organizations. They… The post Selecting Supplier Auditors: A Strategic Approach For Businesses first appeared on Procurement Blog | Procurement & Supply Chain News.

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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,

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Do More with the Same in Logistics and Distribution

SCMR (Supply Chain Management Review)

Download this new white paper to learn best-practice strategies that can help your company do more with the same — optimizing your workforce to weather the current economic climate and pave a successful path forward.

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Supply Chain by Amazon: 5 takeaways from its annual seller conference

Supply Chain Dive

The end-to-end set of services' capabilities will continue to expand, company executives said at Amazon Accelerate.

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U.S. Department of Commerce Publishes Text of Landmark Indo-Pacific Supply Chain Agreement

Supply Chain Brain

The proposed Supply Chain Agreement is designed to enable IPEF partners to work together collaboratively through information exchange, sharing of best practices, collective response to disruptions, and supporting labor rights.

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IBM Cloud for Payments is an imperative, not a nice-to-have

IBM Supply Chain Blog

The global digital payments ecosystem continues to evolve as new and incumbent financial institutions, payment networks, central banks, governmental agencies, businesses and other market players push for innovation. They all work toward the common goal of creating secure, compliant, real-time, ubiquitous and low-cost payment rails. Payment rails are the most critical element when thinking about payments No matter their size, scope or sector, all businesses that handle transactions and transfers

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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