Art of Procurement
NOVEMBER 9, 2023
According to the National Retail Federation, 43 percent of people started doing their holiday shopping in October, leading the NRF. The post Is it the most wonderful time of the supply chain year? appeared first on Art of Procurement.
ProcurePort
NOVEMBER 10, 2023
Holistic Risk Management Approach: Proactive Identification: Implementing proactive measures to identify and assess diverse risks, ranging from supply chain disruptions to market fluctuations, regulatory changes, and operational inefficiencies. Strategic mitigation involves using advanced technologies, strong supplier relationships, and considering globalization, ESG factors, and post-pandemic changes.
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Arkestro
NOVEMBER 7, 2023
Resources / Blog / How to Transform Procurement into a Strategic C-Suite Player How to Transform Procurement into a Strategic C-Suite Player Procurement is at a crossroads. At the same time that automation has launched the discipline into a new era of efficiency, global supply chain and manufacturing practices are in a constant state of flux. With technological advancements in their playbook, procurement has largely risen to meet these new challenges — 80% of C-suite leaders say procurement has
ProcurePort
NOVEMBER 10, 2023
Agile Procurement involves a new way of thinking. It promotes flexible sourcing and working closely with suppliers. It also involves adapting plans and constantly improving through feedback. Successful examples show that being flexible in procurement brings better responsiveness, smoother processes, and strong supplier relationships. This helps organizations succeed in today’s ever-changing business world.
Advertiser: GEP
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
Procurement Freelancers
NOVEMBER 5, 2023
Amid growing uncertainty, business organisations need to prepare accordingly to adapt to the new normal.… The post 5 Key Challenges in Sourcing & How to Manage Them with Procurement first appeared on Procurement Blog | Procurement & Supply Chain News.
All Things Supply Chain
NOVEMBER 6, 2023
The first mentions of Lean Six Sigma date back to the late 1990s and early 2000s.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
SCMR (Supply Chain Management Review)
NOVEMBER 8, 2023
A thorough and strategic vendor selection process guides companies through the vendor selection process, helping ensure subpar suppliers never make it into the procurement process.
ProcurePort
NOVEMBER 7, 2023
Efficiency and Cost Savings: P2P software streamlines and automates the entire procurement process, reducing manual tasks, minimizing errors, and optimizing spending, leading to significant cost savings and operational efficiency. Compliance, Visibility, and Control: P2P software ensures compliance with internal policies and external regulations, offers real-time visibility into procurement activities, enhances control over spending, and provides […] The post Why is Procure-to-Pay Software
Spend Matters
NOVEMBER 8, 2023
Part 1 of our mini-series focused on the impact of technology on the business world and, more specifically, on procurement. After considering the key milestones in the history of digital technology, we discussed the various impacts that technology can have in terms of automation (efficiency) and augmentation (effectiveness). We also mentioned a strong dependency between the two value drivers and that “new technologies can not only handle a growing number of repetitive and manual tasks but also p
Supply Chain Dive
NOVEMBER 7, 2023
The constraints have had a limited impact on cargo due to more blank sailings and earlier peak season activity, analysts say.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
Supply Chain Brain
NOVEMBER 6, 2023
Intel sets out to replace an arduous and time-consuming manual process for inspecting damaged boxes in the warehouse, with an automated system that employs computer vision and artificial intelligence.
IBM Supply Chain Blog
NOVEMBER 8, 2023
Generative AI-powered assistants are transforming businesses through intelligent conversational interfaces. Capable of understanding and generating human-like responses and content, these assistants are revolutionizing the way humans and machines collaborate. Large Language Models (LLMs) are at the heart of this new disruption. LLMs are trained on vast amounts of data and can be used across endless applications.
Spend Matters
NOVEMBER 6, 2023
Technological progress has revolutionized the business world, transforming industries and redefining work. For procurement professionals and solution providers, understanding the evolution of technology and its impact is crucial for staying competitive in the ever-changing market. From the early days of mechanization and automation to the digital age, technology has continuously improved efficiency and effectiveness in business operations.
Supply Chain Dive
NOVEMBER 8, 2023
The variances within the carriers’ price hikes indicate what services are seeing the most pressure from competitors, experts say.
Speaker: Jason Cottrell and Gireesh Sahukar
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
Supply Chain Brain
NOVEMBER 9, 2023
The Port of Colombo has been operating near its capacity since 2021, meaning the new terminal will enable the continued growth of economies located in the Bay of Bengal.
IBM Supply Chain Blog
NOVEMBER 6, 2023
Over the past decade, we’ve seen serverless computing take the cloud computing world by storm. Serverless is a cloud computing application development and execution model that enables developers to build and run application code without provisioning or managing servers or backend infrastructure. When developers first started using serverless technology, they were mostly only using it for Function-as-a-Service, or FaaS.
Spend Matters
NOVEMBER 9, 2023
Spend Matters is delighted to announce the 2023 roster for our ‘Future 5’ list. For the fifth year in a row, our analysts have highlighted five start-ups that excite them the most. This year, the five companies that have proven themselves as potential future trend setters are akirolabs, Calculum, dSilo, Mithra and ORO Labs. To warrant such attention, these vendors must have a product that is ideally 2 to 5 years old, is used by more than five customers and displays an innovative appl
Supply Chain Dive
NOVEMBER 6, 2023
The $500 increase affects all salaried employees, whether at retailers, warehouses, manufacturers, trucking firms or other employers.
Advertiser: ZoomInfo
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Supply Chain Brain
NOVEMBER 8, 2023
Omni-channel, demand-driven fulfillment using AI and automatic decision-making technologies will give retailers the edge they need to succeed in a very competitive landscape.
IBM Supply Chain Blog
NOVEMBER 10, 2023
Once your business has decided to switch to an enterprise resource planning (ERP) software system, the next step is to implement ERP. For a business to see the benefits of an ERP adoption it must first be deployed properly and efficiently by a team that typically includes a project manager and department managers as well. This process can be complicated and feel overwhelming, depending on the needs of your organization.
Spend Matters
NOVEMBER 9, 2023
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
Supply Chain Dive
NOVEMBER 6, 2023
Air cargo demand remains down at FedEx and other carriers, but passenger airlines continue to hire pilots at a strong pace, a VP told crew members in a memo.
Advertiser: GEP
Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.
Supply Chain Brain
NOVEMBER 6, 2023
Global logistics difficulties are at the lowest in 26 years as transportation costs keep declining, according to the Federal Reserve Bank of New York's Global Supply Chain Pressure Index.
IBM Supply Chain Blog
NOVEMBER 6, 2023
Enterprise businesses are continuing to move toward digitalized and cloud-based IT infrastructures. Digital systems enable unprecedented flexibility, scalability and speed when compared to their more traditional, on-premises counterparts. However, digital infrastructures are highly dependent on application programming interfaces — or APIs — to facilitate data transfers between software applications and between applications and end users.
Positive Purchasing
NOVEMBER 9, 2023
A Wider Horizon You will be familiar with the idea of optimizing what you buy. You may already be challenging what the business is specifying and have questioned the ‘needs’ versus ‘wants’ within each buying decision. Now, with the need to move beyond price and security of supply to sustainable and ethical sourcing, procurement must become a more strategic and proactive function.
Supply Chain Dive
NOVEMBER 10, 2023
Anagram entered Chapter 11 amid uncertainty around the manufacturer’s supply contract with the retailer, which is its corporate parent and largest customer.
Speaker: Ethan Woolley, Director at Kharon
This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia
Supply Chain Brain
NOVEMBER 6, 2023
Investing in and implementing smart sourcing and manufacturing solutions is not a quick and complete fix for today’s drug and device shortages, but it can help.
IBM Supply Chain Blog
NOVEMBER 8, 2023
The supply chain plays a pivotal role in delivering goods and services to both businesses and consumers, serving as the connective thread between industries, nations, communities and all components of the value chain. Our dependence on supply chains is most pronounced in ensuring food supply. However, over the decades, the supply chain has grown longer and increasingly intricate, which means consumers may find themselves more distant from the origin of the products they consume.
SCMR (Supply Chain Management Review)
NOVEMBER 9, 2023
A new report from Accenture finds that the number of companies nearshoring product manufacturing will double in three years time.
Supply Chain Dive
NOVEMBER 8, 2023
Dairy suppliers and others cite Pactiv Evergreen as the supply problem’s source. Competitors are trying to step up production as beverage producers seek help.
Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón
Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how a composable approach helps modernize commerce stacks while maintaining control over critical systems.
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