Procurement Insights

SEPTEMBER 20, 2023

EDITOR’S NOTE: In her September 18th, 2023 article Regenerative Procurement is the new Procurement , Elvire Regnier writes, “Procurement performance is assessed primarily on the basis of price reduction. Cost reductions and avoided costs are, in the vast majority of cases, not recognized by finance departments.” The misalignment to which Elvire refers results from equation-based versus agent-based modelling.

Procurement 66

Procurement Leadership Price Purchasing 66

Supply Chain Brain

SEPTEMBER 19, 2023

At a time when procurement is having trouble attracting and retaining top talent, there’s an opportunity to invest in people, by adopting AI-powered tools.

Strategy 59

Strategy Procurement 59

Arkestro

SEPTEMBER 18, 2023

Resources / Infographics / The State of Procurement: Opportunities Lost The State of Procurement: Opportunities Lost Many of today’s procurement departments struggle with precision and efficiency, leading them to fall short of their goals and potential. Because of this, many departments are experiencing diminishing returns and lost opportunities. Here are the four most common challenges.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Optimization Supply Chain Efficiency 52

Spend Matters

SEPTEMBER 21, 2023

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.

Supply Chain Efficiency 80

Supply Chain Efficiency Procurement Sustainability Risk 80

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.

Supply chain

Supply Chain Brain

SEPTEMBER 21, 2023

Andrew Leto founder and chief executive officer of online truck freight procurement platform Emerge, has a habit of looking for gaps in the logistics industry that can be filled via emerging technologies.

Procurement 91

Procurement Logistics 91

All Things Supply Chain

SEPTEMBER 22, 2023

Amazon and Maersk renew biofuel partnership The demand for sustainable ocean transportation services is growing, with a wide range of industries, including fashion, retail, automotive, and more, seeking eco-friendly shipping…

Supply chain 232

Supply chain Sustainability Demand Supply 232

IBM Supply Chain Blog

SEPTEMBER 21, 2023

Generative AI and large language models are poised to impact how we all access and use information. But as organizations race to adopt these new technologies for business, it requires a global ecosystem of partners with industry expertise to identify the right enterprise use-cases for AI and the technical skills to implement the technology. During TechXchange , IBM’s premier technical learning event in Las Vegas last week, IBM Partner Plus members including our Strategic Partners, reseller

Innovation 112

Innovation Import Data Sourcing 112

Supply Chain Brain

SEPTEMBER 21, 2023

Utilities should set their procurement technology strategy to implement a fully integrated global I.T. system infrastructure that incorporates procure-to-pay operations with fully automated workflows.

Procurement 109

Procurement Strategy 109

All Things Supply Chain

SEPTEMBER 21, 2023

We are excited to announce that the CPO Summit returns on November 2-4th of November at the JW Marriott Marquis Miami, Miami, FL USA!

Chief Procurement Officer 199

Chief Procurement Officer Procurement Supply chain Logistics 199

SCMR (Supply Chain Management Review)

SEPTEMBER 19, 2023

By identifying friction points and eliminating them so that planners do not perceive new tools as a risk to their job performance, leaders will develop trust among their teams that will lead to greater adoption.

Supply chain 104

Supply chain Risk Supply 104

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.

Sustainability

IBM Supply Chain Blog

SEPTEMBER 18, 2023

Picture this: You’re at your local supermarket, eagerly exploring the fresh produce section. You carefully select a carton of ripe, juicy fresh-cut strawberries, envisioning them as the star ingredient in your weekend’s mouthwatering desserts. You’re all set to enjoy a delightful culinary adventure. But as you savor your first bite of a luscious strawberry shortcake, you receive a notification on your smartphone.

Supply Chain Efficiency 109

Supply Chain Efficiency supply chain software solutions Real-time Visibility Supply chain 109

Supply Chain Brain

SEPTEMBER 19, 2023

Current law does not allow the FMC to enforce federal anti-trust laws against foreign-owned ocean carriers — which covers all major ones.

122

122

All Things Supply Chain

SEPTEMBER 18, 2023

The diamond industry has long been associated with luxury, beauty, and timeless elegance.

Supply chain 232

Supply chain Supply Productive Supply Chain Export 232

Supply Chain Dive

SEPTEMBER 18, 2023

Whether it's due to natural disasters, geopolitical tensions, economic downturns, or unforeseen events, companies need to be prepared to withstand changes in the supply chain to maintain their operations and serve their customers.

Supply chain 99

Supply chain Strategy Supply 99

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

Logistics

IBM Supply Chain Blog

SEPTEMBER 20, 2023

Few technologies have taken the world by storm the way artificial intelligence (AI) has over the past few years. AI and its many use cases have become a topic of public discussion no longer relegated to tech experts. AI—generative AI, in particular—has tremendous potential to transform society as we know it for good, boost productivity and unlock trillions in economic value in the coming years.

Supply Chain Efficiency 107

Supply Chain Efficiency supply chain software solutions Data Supply Chain Optimization 107

Supply Chain Brain

SEPTEMBER 18, 2023

profitability is taking a back seat to technology transformation, supply chain and operational challenges, according to a survey released September 18 by Jefferson Wells.

Supply chain 105

Supply chain Supply 105

Let's Talk Supply Chain

SEPTEMBER 22, 2023

Working your way up in supply chain for a seat at the table may still not be simpler for women, even with growing market needs and challenges presenting new opportunities. Women still make up less than half of the supply chain workforce and just 21% of executive-level supply chain roles—backsliding a little from previous years. However, while women in supply chain have more challenges breaking through to executive-level positions, female professionals (founders included) comprise 19% of the supp

Supply chain 98

Supply chain Leadership Logistics Networking 98

SCMR (Supply Chain Management Review)

SEPTEMBER 21, 2023

3 companies and 3 individuals have been recognized with Association for Supply Chain Management Awards of Excellence for their dedication in advancing the field of supply chain management.

Supply chain 98

Supply chain Supply chain management Supply chain management Supply 98

Advertisement

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 Efficiency

Spend Matters

SEPTEMBER 19, 2023

In our ever-increasingly connected world and the “hyper-globalized” supply chains that keep it running, a natural disaster tends to have widespread effects well beyond ground zero. While the local impact to humans, property and the wider ecosystem caused by floods, fires and other catastrophic events can be devastating, the ripple effects can reach across the globe and affect business everywhere.

Supply chain 97

Supply chain Supply chain resilience Supply Risk 97

Supply Chain Brain

SEPTEMBER 20, 2023

For retailers, time is running out for peak-season planning. That’s why it’s important to study your existing peak-season data.

Import 123

Import Data 123

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. In this comprehensive guide for 2023, we’ve compiled a list of essential procurement synonyms, shedding light on the subtle distinctions that set each term apart.

Procurement 97

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 97

Supply Chain Dive

SEPTEMBER 22, 2023

For now the manufacturer expects modest effects as a handful of plants at the Big Three automakers stand idle. But that could worsen if workers at other plants strike.

Suppliers 99

Suppliers 99

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.

Procurement

Spend Matters

SEPTEMBER 18, 2023

In this Spend Matters Insider Vendor Analysis Update, we give an updated and more complete overview of Resilinc (originally briefly covered in 2022), a solution built to reduce risks in supply chains to make them more resilient. Supply chains have been the focus of much news in the last few years. Disruption after disruption created shortages that stopped factories and emptied shelves and warehouses.

Risk management 97

Risk management Risk Supply chain Management 97

Supply Chain Brain

SEPTEMBER 20, 2023

Today, CFOs, CIOs and general counsels are facing a reality that demands the fusion of two crucial elements: visibility to maintain the smooth flow of the supply chain, and compliance with stringent regulations.

Supply chain resilience 100

Supply chain resilience Supply chain Supply Demand 100

SCMR (Supply Chain Management Review)

SEPTEMBER 20, 2023

Countries are enacting laws and directives that require companies to assess their suppliers’ environmental and human rights practices. Failure to walk that tightrope now carries the risk of legal charges and fines in addition to reputational damage.

Supply chain 95

Supply chain Risk Suppliers Supply 95

Procurement Freelancers

SEPTEMBER 17, 2023

A procurement agent is the linchpin of an entire supply chain. They make sure that… The post Navigating the World of Procurement: Tips for New Agents first appeared on Procurement Blog | Procurement & Supply Chain News.

Procurement 95

Procurement Supply chain Supply 95

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 Optimization

Spend Matters

SEPTEMBER 20, 2023

In this Spend Matters Vendor Analysis we provide an overview of Anvil Analytical and its solution for spend analytics (including contract and inflation analytics) and CO2 analytics. In today’s dynamic business landscape, data is the currency that drives decision making and fuels innovation. Usable data is a critical tool for organizations seeking to optimize their operations, enhance efficiency and drive sustainable growth.

Market analysis 95

Market analysis Contract Sustainability Buyers 95

Supply Chain Brain

SEPTEMBER 18, 2023

Technology in support of final-mile delivery is advancing at a rapid pace. Mike Powell, chief technology officer with SEKO Logistics, traces its evolution and offers a glimpse into the future.

Logistics 91

Logistics 91

SCMR (Supply Chain Management Review)

SEPTEMBER 18, 2023

People still matter a lot in making the supply chains function. Train them, educate them, equip them, support them, and pay them for what they are really worth, because the supply chain breaks down without them.

Supply chain 91

Supply chain Supply 91

Procurement Bulletin

SEPTEMBER 17, 2023

Amazon Launches Supply Chain Solution In its continued race to dominate e-commerce, Amazon announced a new automated supply chain service for sellers aptly named, Supply Chain by Amazon. The solution offers an end-to-end automated solution to help sellers bring product from manufacturing directly to their customers. (Is it me or did this sound like an ad for Amazon’s Supply Chain service?

Supply chain 88

Supply chain Supply 88

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

Buyers