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.
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,
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.
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
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.
Supply Chain Dive
NOVEMBER 9, 2023
In an earnings call, the home appliance company said it reduced parts complexity and used dual sourcing to mitigate supplier-driven disruptions.
Advertiser: GEP
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.
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 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 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
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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.
Procurement Leaders
NOVEMBER 6, 2023
In partnership with GEP: Insights into the long-term technological, geopolitical and ESG trends that will impact procurement teams this decade
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
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.
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.
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
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 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
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.
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.
Advertiser: FourKites
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.
SCMR (Supply Chain Management Review)
NOVEMBER 10, 2023
Logistics operations are facing a human capital crisis that poses a threat to both performance and competitiveness. The 32nd Annual Study of Logistics and Transportation Trends examines how businesses are competing for talent, and adopting technology to stay ahead of the competition.
Supply Chain Brain
NOVEMBER 5, 2023
Officials for the Biden administration said the projects will allow ports to meet increased shipping demands while improving worker safety and lowering costs for consumers.
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.
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
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.
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 Brain
NOVEMBER 6, 2023
The glut of vessels racing to the U.S. Gulf even includes ships heading to the region on a speculative basis without any cargo booking, an industry practice known as ballasting.
IBM Supply Chain Blog
NOVEMBER 6, 2023
Malware , a portmanteau of “malicious software,” refers to any software, code, or computer program intentionally designed to cause harm to a computer system or its users. Virtually every modern cyberattack involves some type of malware. These harmful programs can range in severity from highly destructive and costly ( ransomware ) to merely annoying, but otherwise innocuous (adware).
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.
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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.
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