Sat.Oct 07, 2023 - Fri.Oct 13, 2023

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Grocers pledge discounts and freezes – how, if at all, does this affect the procurement department?

Procurement Insights

“According to Innovation Minister Francois-Philippe Champagne, Metro, Loblaws, Sobeys, Walmart and Costco — which together represent about 80% of the grocery market — will roll out price freezes, discounts and price matching over the coming days and weeks. Champagne also says a task force will be appointed to make sure the grocers live up to their commitments.” – By Jessy Bains, Editor at LinkedIn News A bold headline and an even bolder promise caught my attention in my early r

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Who could it be now: The New 2023 Titans of Procurement Technology

Procurement Insights

In 2009, Procurement Insights did a series of interviews and a panel with the leaders for providers I called the New Titans of the SaaS World series. Joining me on June 25th 2009, to discuss their take on this changing of the guard were Anurag Dixit, Vice President, Marketing ( Zycus ); Steve Wargalla, Vice President, Foundation & Managing Director ( QStrat ); Rob Bernshteyn, Chief Executive Officer ( Coupa ), Leonora Valvo, Chief Executive Officer ( aventri ) and Rich Becks, Senior Vice Pre

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How will the War for Talent Affect Procurement?

Procurement Software

In today’s business landscape, the war for talent is all about the importance of attracting and retaining exceptional human capital. Companies must actively seek out and employ brilliant minds to successfully navigate unfamiliar territories. As the visionary Steve Jobs once wisely proclaimed, “Go after the cream of the cream. A small team of A+ players can run circles around a giant team of B and C players.” The War for Talent and its impact on Procurement However, the task of

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Managing Services Procurement on a Grand Scale

Art of Procurement

“If you want to be successful in what you do personally or professionally, you’ve got to manage relationships because the. The post Managing Services Procurement on a Grand Scale appeared first on Art of Procurement.

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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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How to Implement a Strategic Sourcing Process

Una

How to Implement a Strategic Sourcing Process A play-by-play manual showing how to implement a strategic sourcing process that aligns with your organization’s goals, optimizes spend, and creates long-term value. DOWNLOAD PLAYBOOK Table of Contents Introduction In procurement and supply chain, staying ahead of the game is not just a goal – it’s a necessity.

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Reverse Auctions for Cost Savings in a Down Economy

ProcurePort

In times of economic uncertainty, businesses are often forced to find innovative ways to cut costs and improve their bottom line. One such method gaining popularity is the use of reverse auctions. Reverse auctions are a procurement strategy that flips the traditional purchasing process on its head, allowing suppliers to compete for a buyer’s […] The post Reverse Auctions for Cost Savings in a Down Economy appeared first on ProcurePort Blog.

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Navigating the Great Supply Chain Reset

Supply Chain Brain

The last few years have seen a confluence of factors that can affect the supply chain. It’s become clear there’s no one clear “gotcha” moment that upset supply chain reliability.

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Levi’s brings inventory under control, expands supplier base

Supply Chain Dive

The apparel company has made swift progress in cleaning up its stock recently after a “tough” time trying to operate its distribution centers.

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Revolutionizing Manufacturing Contracts: The AI Advantage

ProcurePort

To stay competitive in manufacturing, you need advanced technology on the production floor and clever strategies behind the scenes. Contract management is a critical aspect of manufacturing operations, impacting everything from procurement to supplier relationships. In the manufacturing industry, efficiency and precision are paramount. While advanced technology on the production floor is essential, the […] The post Revolutionizing Manufacturing Contracts: The AI Advantage appeared first on

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The new shape of business travel is here, so why are some still using rigid expense management systems?

Spend Matters

Pre-pandemic, T&E spending represented a significant portion of a company’s discretionary budget. As business travel rebounds to pre-pandemic levels, finance leaders must leverage this window to reassess, re-evaluate, and re-imagine travel and expense management processes and strategies. Business travel isn’t going anywhere. Remote work will make sure of it A poll released by the GBTA earlier this year shows three in four travel managers expected their company to make more busine

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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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Over Three-Fourths of Companies Will Adopt Warehouse Automation by 2027

Supply Chain Brain

The top business priorities for supply chain organizations over the next two years are increasing productivity and efficiency (29%) as well as improving resiliency, continuity, risk and security (29%).

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5 ways fashion brands can reset their supply chain strategies

Supply Chain Dive

Port disruptions, labor negotiations and other shipping industry upheavals have forced apparel companies to develop new solutions to enduring challenges.

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Streamlining Procurement Processes: Sourcing Consultants’ Expertise

Procurement Freelancers

Buying materials and supplies is among the most important things that a business must undertake… The post Streamlining Procurement Processes: Sourcing Consultants' Expertise first appeared on Procurement Blog | Procurement & Supply Chain News.

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Brex: Vendor Analysis — Expense management solution overview, roadmap, competitors, tech selection tips, analyst insights

Spend Matters

This Spend Matters Vendor Analysis provides an overview of Brex and its solution for expense management. Expense management tools are in high demand because organizations need to manage post-pandemic travel spend. Brex is a new entrant in the expanding market of expense management, and its market potential has attracted considerable investor support.

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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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Black Friday, Boxing Day Expected to Be North America’s Busiest Shopping Days

Supply Chain Brain

Boxing Day is expected to overtake Black Friday as the busiest shopping day of 2023 in Canada while the holiday fell to sixth place on the U.S.'s list.

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Microsoft to end Supply Chain Center preview less than a year after launch

Supply Chain Dive

Some of the solution's capabilities will still be available to customers in Dynamics 365 and Power Platform after it shuts down on Oct. 31.

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Smucker’s + Hostess = Supply Chain Synergy

Art of Procurement

In mergers and acquisitions, synergies are the benefits of combining two organizations that go beyond their new larger size. For. The post Smucker’s + Hostess = Supply Chain Synergy appeared first on Art of Procurement.

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Geopolitics, China and Russia: Why Supply Chain Managers Should Care

SCMR (Supply Chain Management Review)

As the supply chain has become more global and more complicated, the influence of geopolitical events is creating more urgency for businesses to secure their networks.

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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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ESG, ROI, AI, SC … What’s It All Mean?

Supply Chain Brain

You can make money using artificial intelligence to help meet environmental goals across your global supply chain, from supplier to shop floor.

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Supply chain conferences to watch in 2024

Supply Chain Dive

Next year’s industry conferences range from procurement to container shipping, retail logistics and more.

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Webinar – The monster insights behind the 50/50 and Future 5 selection process

Spend Matters

The Spend Matters analyst team will host a webinar ‘ Shaping the Future of Procurement : An Inside Look at the 10th Annual Spend Matters 50/50 Lists’ on Tuesday, October 31, 11:00 a.m. EST. It’s been a monster task, and so fittingly the webinar will take place on Halloween – look out for some frighteningly deep analysis behind our methodology. During the webinar, the team will share observations they made of the factors that went into compiling the upcoming 50 Procurement Providers to Watch, 50

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The Real Barrier Between Grocers and Better Supply Chains

SCMR (Supply Chain Management Review)

Whether the goal is strengthening partnerships within the company or with trade partners, companies will have to decide which metrics need to be shared to unlock more growth in the food supply chain.

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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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The U.S. Retail Sector Has Had the Biggest Rise in Injury and Illness Rates

Supply Chain Brain

The incident rate at general retail stores in the U.S. has grown from 4.1 accidents for every 100 workers in 2017 to 5.6 incidents per 100 workers in 2021.

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UPS reduces service in some rural areas in efficiency push

Supply Chain Dive

Shipments in certain ZIP codes will spend an extra day in transit, but less than 1% of volume is impacted, according to the carrier.

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Enhancing customer experience: Streamlining orders with custom email notifications in IBM Cloud

IBM Supply Chain Blog

Let’s consider the operations manager of a thriving online business specializing in handmade crafts. This operations manager understood the importance of catering to their loyal customer base, some of whom resided in different time zones. In their quest to provide exceptional service, they faced a challenge—how to ensure that customers could place orders as soon as new shipments of their artisanal products arrived.

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Longer-term Contracts Back in Vogue as Carriers, Shippers Navigate Stable Market

SCMR (Supply Chain Management Review)

As many of the worst-case scenarios in the supply chain have not panned out, many shippers are more comfortable discussing long-term contracts with carriers, says BlueGrace Logistics executive.

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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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Stockholm Planning 2025 Ban of Gasoline, Diesel Cars

Supply Chain Brain

The Green Party, which is a part of the Stockholm City Council’s ruling coalition, said the initiative will lead to an increase in the adoption of electric vehicles.

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Ocean carriers to implement carbon emission surcharges in 2024

Supply Chain Dive

CMA CGM, Maersk and Hapag-Lloyd are rolling out the fees to comply with new European Union regulations aimed at reaching carbon neutrality.

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Evisort: Vendor Analysis — Overview of contract lifecycle management solution, roadmap, competitors, tech selection tips, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of Evisort and its contract lifecycle management (CLM) solution. Once a promising contract analytics upstart looking to disrupt the market with its strong AI and post-signature capabilities, Evisort has evolved into a well-rounded, end-to-end CLM provider that can compete for both mid-market and large enterprise customers.

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The Role of a Quality Control Inspector in Ensuring Product Quality and Compliance

Procurement Freelancers

The quality of a company’s output determines whether it succeeds or fails. Customers nowadays are… The post The Role of a Quality Control Inspector in Ensuring Product Quality and Compliance first appeared on Procurement Blog | Procurement & Supply Chain News.

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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