CPO Rising
MAY 1, 2023
There is no doubt that uncertainty is permeating the four walls of today’s enterprises. Many unknowns have yet to be revealed, leading to more conservative and risk-averse business decision-making. Chief procurement officers, among others, continue to operate in a new normal where answers to business challenges are elusive.
Supply Chain Brain
APRIL 30, 2023
Electronic data interchange (EDI) has been the standard for B2B supply chain communication since the 1960s and early 1970s, but it's time for an upgrade.
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Procurement Tactics
APRIL 30, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Sustainable Transformation — Embracing Sustainable Procurement Sustainable transformation is needed to adapt and survive the new wave of challenges in the procurement process. However, how do you do it? In this article, we will discuss what sustainable transformation is.
Una
MAY 2, 2023
When Should My Small Business Create a Procurement Function? Tips for small business owners on how to implement a procurement function as your organization scales – and before it’s too late. By Hugo Britt | May 2, 2023 Search If you know anyone who is launching a small business – perhaps a family member or former colleague – you could do them a huge favor by explaining why they need to create a procurement function as early as possible.
Advertiser: GEP
Supply Chains have 3 key priorities: building resiliency, reducing costs and driving ESG performance. Read the new GEP-sponsored report by Harvard Business Review Analytic Services for strategies and digital solutions to achieve these goals.
SCMR (Supply Chain Management Review)
MAY 1, 2023
Make visibility and collaboration central to sustainability efforts.
Procurement Foundry
MAY 2, 2023
What is tail spend? Tail spend in procurement describes infrequent, low-value purchases that can add up significantly over time. These small purchases may include office supplies, maintenance and repair services, travel, and small equipment purchases. The term "tail" refers to the end of a distribution curve with many small transactions.
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 Dive
MAY 3, 2023
Shippers have been diverting cargo for years now, but where exactly is it going? A few datasets provide a hint.
Procurement Tactics
MAY 2, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Sustainability in Specifications — Embracing Sustainability Sustainability in specifications allows businesses to ensure that they are following their sustainable requirements to achieve success in sustainability. However, what is it?
SCMR (Supply Chain Management Review)
MAY 1, 2023
The recent column discussed how global policymakers have been relatively ineffective in using diplomacy to come up with a coordinated plan toward a world free of fossil fuels.
All Things Supply Chain
MAY 5, 2023
Apple sales fall but iPhone demand persists Apple sales have continued to fall, as the economy slows and buyers, squeezed by rising prices, put off purchases of computers and iPads.
Speaker: Lisa Anderson, MBA, CSCP, CLTD - President of LMA Consulting Group, S&OP Expert, and Speaker
The world of supply chain and logistics has been plagued with volatility, disruptions, and increased regulations. Several issues are converging simultaneously, creating a precarious path forward. In this webinar, we will talk about the current status of the supply chain and what the successful and unsuccessful paths forward will look like. Join demand planning and SIOP expert Lisa Anderson for a riveting discussion evaluating the geopolitical landscape and looking at the bigger picture to create
ProcurePort
MAY 5, 2023
What is Reverse Auction Software? Reverse auction software is a digital platform that enables buyers to solicit bids from multiple suppliers in real-time. Unlike traditional auctions, reverse auctions involve suppliers competing against each other. The lowest bidder wins in this auction, not the highest. They must offer the lowest price for the product or service. […] The post How Much Cost Savings Can I Achieve Using Reverse Auction Software?
Procurement Tactics
MAY 4, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Challenges in Sustainability Faced by Procurement Teams Adopting sustainability in procurement has many challenges that the procurement team must address to aim for sustainability. However, what are these challenges? In this article, we will discuss what sustainable procurement is.
Procurement Heads
MAY 3, 2023
For Procurement Heads ‘ latest Big Interview, he spoke with Kane Nurse about his procurement career. How did you get into procurement? It’s an interesting story, procurement wasn’t a predefined career choice by any means. I actually fell into procurement. It was presented to me as an opportunity and challenge at the same time in my very first role by the Managing Director I was reporting to at the time, this followed a two-and-a-half-year stint in front-line operations.
Art of Procurement
MAY 4, 2023
Bed Bath & Beyond was founded in New Jersey in 1971. Popular for its effective use of the ‘superstore’ concept, The post [Pod] Bed Bath & Beyond’s Decline from Superstore to No-more appeared first on Art of Procurement.
Speaker: Jay Black, Senior Account Executive
We’ve all heard the buzzwords to describe new supply chain trends: resiliency, sustainability, AI, machine learning. But what do these really mean today? Over the past few years, manufacturing has had to adapt to and overcome a wide variety of supply chain trends and disruptions to stay as stable as possible. Stability has become key in this post-COVID world, and will remain key moving forward.
Supply Chain Dive
MAY 5, 2023
Employees will work alongside “thousands of robotic systems” to process smaller shipments such as book and toys, according to a spokesperson.
Procurement Tactics
MAY 4, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Contract Auditing — Everything You Should Know Contract auditing allows parties to know their obligations and follow them thoroughly. However, what is it? In this article, we will discuss what contract audit means. We will tell you the purpose and the different types of auditing contracts.
Supply Chain Brain
MAY 3, 2023
Key to any digitalization effort is connecting all data, decisions, and operations and enabling the community of internal and external users and partners to make better and faster supply chain decisions.
Supply Chain Trend
MAY 5, 2023
We’ve entered an AI era where 76% of work can be augmented or automated. However, only 3% of companies apply automated execution and 7% autonomous end to end planning. 2% of managers apply best practice decision methods. Hardly a recipe for improving planning & decision making. Imagine the opportunity if we closed this massive planning, decision & execution gap with a new planning paradigm.
Speaker: Cathy Morrow Roberson, Research Manager for the Reverse Logistics Association
In today's competitive business landscape, providing a seamless return experience and maintaining an efficient supply chain are critical to customer satisfaction and loyalty. Businesses need to leverage advanced tracking systems and data analytics to identify bottlenecks and improve supply chain visibility. Efficient return management stands as a crucial strategy for optimizing the supply chain.
Supply Chain Dive
MAY 4, 2023
The bankrupt retailer has big trade debts to numerous suppliers as well as transportation and other service providers.
Procurement Tactics
MAY 2, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Sustainable Contracts — Embracing Sustainability in Procurement Sustainable contracts allow companies to oblige their suppliers to practice sustainable and ethical practices once they sign them. However, what is it? In this article, we will discuss what sustainable contracts are.
SCMR (Supply Chain Management Review)
MAY 1, 2023
As the $830 billion trucking industry prepares for what could be the first full “normal” year since the pandemic caused tidal waves in supply/demand cycles, the “best of the best” are concentrating on strategy, operations and execution. Our trucking correspondent examines what’s ahead for trucking in 2023.
IBM Supply Chain Blog
MAY 2, 2023
The introduction of generative AI systems into the public domain exposed people all over the world to new technological possibilities, implications, and even consequences many had yet to consider. Thanks to systems like ChatGPT, just about anyone can now use advanced AI models that are not only capable of detecting patterns, honing data, and making recommendations as earlier versions of AI would, but also moving beyond that to create new content, develop original chat responses, and more.
Speaker: Wayne Spivak, President and CFO of SBA * Consulting Ltd., Industry Writer, Public Speaker
If you’re lost in the world of spend management needs and your GAP analysis is lacking perspective on the future state of your business performance, listen up! With the advancement of technology, the implementation of spend management best practices and concrete GAP analyses is more streamlined and accessible than ever before. And while this may sound like great news for you and your clients, it won’t be worthwhile unless you have the latest techniques to back up your ambitions!
Supply Chain Dive
MAY 5, 2023
The retailer had visibility down to the mill level of 96% of its supply last year as it looks to make its products more sustainable.
Supply Chain Brain
MAY 4, 2023
Labeling has a critical role to play in sustainability, by being the consumers’ gateway to information and disclosures on sustainability efforts, which will help guide their purchasing decisions.
ContractSafe
MAY 5, 2023
We’re headed to Vegas! We’re excited to attend #CLOC2023 this year! It’s our first time attending, but we’re ready to make a splash. Stop by Booth #248 to put ContractSafe to the test. To show you just how quick and easy ContractSafe is, we made it a race. Go head-to-head with your colleagues; the first to complete the Contract Management tasks in our demo account wins!
IBM Supply Chain Blog
MAY 1, 2023
The last few years—even the last few months—have seen artificial intelligence (AI) breakthroughs come at a dizzying pace. AI that can generate paragraphs of text as well as a human, create realistic imagery and video from text, or perform hundreds of different tasks has captured the public’s attention. People see AI’s high level of performance, creative potential and, in some cases, the ability for anyone to use them with little to no technical expertise.
Speaker: Robyn O’Brien - Founder of Sirona Ventures, Adjunct Professor at Rice University’s Business School, Supply Chain Optimization and Logistics Expert
Today’s supply chain leaders are required to stay strong in the face of disruption and not only accept it, but embrace it – after all, progress is made outside of your comfort zone. While it’s easier said than done, conquering the fear of instability in your supply chain is within your reach. Thanks to the advancement of technology and AI, we now have more tools and resources at our disposal than ever before to conquer, not crumble, in the face of uncertainty.
Art of Procurement
MAY 4, 2023
Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post [Pod] Procurement 6 – May 5th, 2023 appeared first on Art of Procurement.
Supply Chain Dive
MAY 1, 2023
The less-than-truckload unit has been cutting costs and streamlining its network as demand continues to decline.
Spend Matters
MAY 1, 2023
Categories: Procurement Systems & Architecture Tags: PRO While many organizations already use blockchain, the scope of that usage is still somewhat limited. Web3 advocates, tech professionals and general forward-thinkers have dozens of ideas concerning blockchain’s future growth and uses. In this article, we identify and explain some of the most compelling theoretical use cases for blockchain in procurement.
Advertiser: GEP
The C-suite is laser-focused on supply chain performance. This GEP-sponsored report will show you how to leverage data for a collaborative supply chain that delivers results and how to future-proof supply chain management strategies.
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