ABC of Procurement
AUGUST 29, 2023
Procurement focuses either at their internal stakeholders or suppliers. But what are the forces that impact the economy, and market? There is a tool for it. The post Porter’s five forces – practical use first appeared on ABC of Procurement.
ProcurePort
AUGUST 31, 2023
In today’s manufacturing world, the competition is tough. Companies are constantly seeking innovative ways to reduce costs, increase efficiency, and streamline operations. One often overlooked but highly impactful area for optimization is the procurement process. By incorporating Request for Quote (RFQ) software, manufacturing companies can realize significant cost savings.
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Art of Procurement
AUGUST 31, 2023
In the book “Good to Great,” Jim Collins wrote about the flywheel effect, a prosperous cycle of work and adjustment. The post Dodging the Urban Doom Loop appeared first on Art of Procurement.
ProcurePort
AUGUST 31, 2023
Evaluate Needs & Usability: Understand auction specifics and prioritize an intuitive, mobile-responsive platform. Prioritize Features & Security: Opt for software with essential tools like dynamic bidding and ensure robust data protection. Reverse auctions, a procurement strategy where suppliers compete to win business by lowering their prices, have become increasingly popular with Procurement Teams for saving […] The post Expert Advice – Selecting the Right Reverse Auction S
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 Dive
AUGUST 30, 2023
While not yet a heavy hitter against FedEx and UPS, experts say the service’s straightforward fees could entice small- and medium-sized businesses.
All Things Supply Chain
SEPTEMBER 1, 2023
Shell to Shelve Plan to Shrink Its Carbon Footprint Shell Plc’s Chief Executive Officer, Wael Sawan, has terminated the company’s ambitious carbon offsets program, a plan to develop environmental projects…
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
ProcurePort
AUGUST 27, 2023
In today’s hyper-connected business landscape, managing suppliers effectively has never been more crucial. With increased globalization and businesses relying on a vast network of suppliers for their products and services, the efficiency of supplier relationships can make or break a company’s success. This is where Supplier Management Software (SMS) comes into play.
Supply Chain Brain
AUGUST 31, 2023
This paper offers comprehensive strategies to ensure enduring shipping operations, such as leveraging advanced technology to optimize logistics and using data to identify trends.
Supply Chain Dive
AUGUST 31, 2023
The multi-year undertaking will allow the candy maker to balance existing capacity with future flexibility, an executive said.
Spend Matters
AUGUST 31, 2023
Procurement professionals and IT leaders tasked with managing software procurement today can often only focus on the top 20% of vendors. Why? It’s a convergence of three main factors: lack of data, limited resources and inefficient tooling. SaaS and vendor management has become increasingly complex Procurement and IT are being inundated with software access, vendor intake and renewal requests.
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.
Let's Talk Supply Chain
AUGUST 28, 2023
Today I’m joined by Reveel, a forward-thinking digital platform that is on a mission to level the playing field with innovative shipping intelligence technology that gives businesses control over their parcel shipping expenses. Reveel is the leading Parcel Shipping Intelligence Platform that enables companies to level the playing field with FedEx and UPS.
Supply Chain Brain
AUGUST 31, 2023
Healthy, modernized seaports are essential for the profitability of businesses and investors everywhere. Our new white paper answers these questions and details the areas of seaports where investments will bring the biggest payback.
SCMR (Supply Chain Management Review)
AUGUST 30, 2023
As Hurricane Idalia made landfall on Wednesday morning along the Florida coast, the need for logistics and supply chain support following the storm will be great. ALAN’s executive director offers advice on how to get involved.
Procurement Freelancers
AUGUST 27, 2023
With the work environment transforming, a growing proportion of people are considering freelancing as a… The post Navigating the Challenges of Freelance Buyers: Tips and Tricks first appeared on Procurement Blog | Procurement & Supply Chain News.
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
Spend Matters
AUGUST 30, 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 Brain
AUGUST 31, 2023
The world of business has entered a new era of due diligence. In this new era, the traditional approach taken by most companies is no longer sufficient to effectively identify and manage risks.
SCMR (Supply Chain Management Review)
AUGUST 28, 2023
Supply chain leaders should consider the potential benefits of generative AI, robotics, and automation in supply chain management while being mindful of the implications for their teams.
The Network Effect
AUGUST 30, 2023
How the US Navy's NOSS (Naval Operational Supply System) solution will be more agile, responsive, and effective using a network approach.
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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.
Spend Matters
AUGUST 29, 2023
Continuing our series of analyst observations on procurement tech market movements, this week we are considering the development of dark web monitoring as a tool in cyber supply chain risk management. “During a recent product demo,” Meena Ibrahim, Spend Matters Research Analyst, recalls, “a supplier intelligence provider mentioned its partnership with a platform that uses the dark web to uncover supply chain risk.
Supply Chain Brain
AUGUST 30, 2023
The AI engineer is equipped with two engine automation systems that operate in real-time to diagnose the condition of important ship equipment and detect potential emergencies.
Supply Chain Trend
AUGUST 31, 2023
Preview – Most IBP cycles around the world are based on a 20-year-old process definition supported by 20-year-old planning concepts. This traditional IBP is not set up for a fast-changing world, where speed of decision making confers a competitive advantage. Intelligent automation will change this. In this series of blogs, I will discuss the evolution of traditional IBP towards a more intelligent IBP.
Procurement Freelancers
AUGUST 31, 2023
The proper handling of procurement contracts is a crucial factor in any business’s prosperity. From… The post How To Succeed As A Freelance Procurement Contract Manager first appeared on Procurement Blog | Procurement & Supply Chain News.
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.
Supply Chain Dive
AUGUST 30, 2023
The railroad is still investigating the cause of the Monday outage, but does not believe it was a cybersecurity incident.
Supply Chain Brain
AUGUST 31, 2023
Hapag-Lloyd, the only foreign company involved in HMM's bidding, was ruled out of the privatization process by creditor banks Korea Development Bank and Korea Ocean Business Co.
Supply Chain Trend
AUGUST 30, 2023
Forecasters and planners are involved in decision making, but make limited decisions with direct business impact themselves. A forecast is an insight or a foresight, a plan is an intent. A decision is only made when resources are irrevocably allocated to the execution of the decision. Without this, multiple forecast and planning options – as advanced as they may be – remain calculations, maybe insights or, at best, recommendations.
Procurement Freelancers
SEPTEMBER 1, 2023
The world of procurement is advancing rapidly, and the gig economy is at the forefront… The post Choosing The Ideal Freelance Procurement Contract Management Expert first appeared on Procurement Blog | Procurement & Supply Chain News.
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,
SCMR (Supply Chain Management Review)
SEPTEMBER 1, 2023
As more companies work to make their global supply chains more resilient, strong, and efficient, supply chain management software continue to play an important role in those efforts.
Supply Chain Brain
AUGUST 31, 2023
The new wave of generative artificial intelligence is supercharging the i ncreased automation of B2B customer onboarding and due diligence for financing approvals, disbursements and repayments.
Supply Chain Trend
AUGUST 28, 2023
PREVIEW Niels van Hove writes that the limitations of the traditional Integrated Business Planning process are severely magnified during periods of significant disruption, which to many of us seems like the new normal. He argues that the standard meeting-and-decision schedule cannot provide timely strategic responses to disruption, as clearly evidenced by organizational steps during COVID.
Spend Matters
AUGUST 28, 2023
In this Spend Matters Vendor Analysis Update, we give an updated overview of Zivio, a solution that helps organizations (buying organizations and MSPs) manage sourcing for complex services categories, such as legal, marketing or facilities management. Since we covered Zivio in 2020, Zivio has enhanced its core capabilities and introduced new features.
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
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