Sat.Oct 14, 2023 - Fri.Oct 20, 2023

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Key Steps for Successful Procurement: The Power of RFx Software

ProcurePort

Businesses always want to make their procurement processes simpler, choose better vendors, and spend less money. This is where RFx software comes into play. RFx is a tool that helps organizations improve their sourcing efforts. It stands for Request for Information, Request for Proposal, and Request for Quotation. This article will discuss RFx software. […] The post Key Steps for Successful Procurement: The Power of RFx Software appeared first on ProcurePort Blog.

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Positive Purchasing’s Capella: Vendor Analysis — Category Management solution, overview, competitors, tech selection tips, analyst summary

Spend Matters

This Spend Matters Vendor Analysis gives an overview of Positive Purchasing’s Capella, a category strategy management solution. Despite being a discipline at the center of many procurement discussions, many organizations fail to execute Category Management (CatMan) in the most efficient or effective way. Too often, steps are missed, or strategies are not applied because they reside in Powerpoints, Sharepoints, etc.

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Negotiating Lessons from Hollywood Labor

Art of Procurement

Why did the Hollywood writers’ strike take so long to resolve and why is the screen actors’ guild still on. The post Negotiating Lessons from Hollywood Labor appeared first on Art of Procurement.

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Advantages of Opting for Procurement Services

ProcurePort

• Opting for procurement services offers cost savings through improved negotiations, volume discounts, and strategic sourcing, along with significant time efficiency gains and streamlined processes. • Procurement services provide benefits such as improved supplier relationships, risk management, scalability, access to market intelligence, sustainability practices, and continual process improvement, allowing businesses to focus on their core […] The post Advantages of Opting for 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 Will 2023’s Peak Season Compare to Others?

Supply Chain Brain

If businesses fail to get rid of their supplies, they won’t be able to survive, because they will be forced to refinance all their debt at higher interest rates.

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This AI chatbot can help predict supply chain disruptions at farms

Supply Chain Dive

Cersi, a virtual analyst introduced by agtech startup Helios, can be used by large food companies to manage commodity risks in the face of climate change and market volatility.

More Trending

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Jonathan O’Brien delivering Keynote Speech at Supply Chain Summit by SILF

Positive Purchasing

Putting Sustainable Procurement in the Spotlight Our CEO, Jonathan O’Brien, will be delivering a keynote speech on the topic of ‘Making Sustainable Procurement Happen’ at the Supply Chain Summit by SILF on 9 November in Stockholm, Sweden. The need to drive sustainability deep into everything an organization is and does is no longer in question, in fact our very future depends upon it.

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How Intelligent Automation Can Enable Sustainability in Manufacturing

Supply Chain Brain

Despite the many challenges involved, it’s becoming clear that brands who adapt to this new reality will be the ones that secure consumers’ loyalty.

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Advancing City Logistics and Sustainability with Urban Consolidation Centers

SCMR (Supply Chain Management Review)

Public policy has begun to play a significant role in emboldening improvements in logistics practices in dense urban cities and carbon neutrality pledges signed by several cities around the world have emphasized the criticality of creating a future-forward urban supply chain network.

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Butter prices soar to record highs

Supply Chain Dive

Supply is constrained going into the holiday baking season due to lower production and increased summer demand for ice cream and other products.

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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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How foundation models can help make steel and cement production more sustainable

IBM Supply Chain Blog

Heavy industries, particularly cement, steel and chemicals, are the top greenhouse gas emitting industries, contributing 25% of global CO2 emission. They use high temperature heat in many of their processes that is primarily driven by fossil fuel. Fighting climate change requires lowering heavy industry emissions. However, these industries face tremendous challenges to reduce greenhouse gas emissions.

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A Four-Step Methodology for Leaner and More Effective Supply Chains

Supply Chain Brain

The methodology known as ESSA — for eliminate, simplify, standardize and automate — can help supply chains overcome an abundance of unusable technology as they pursue digital transformation.

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Spend Matters Future 5 2023 – Introducing dSilo

Spend Matters

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

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Amazon to integrate drones into fulfillment network for faster delivery

Supply Chain Dive

Prime Air drones will deploy at same-day delivery sites rather than standalone facilities as the company scales its use of the emerging transportation method.

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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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Top Qualities of a Procurement Specialist for You to Know

Procurement Freelancers

In today’s intricate corporate environment, procurement specialists play an ever-more-important role. An organization’s process of… The post Top Qualities of a Procurement Specialist for You to Know first appeared on Procurement Blog | Procurement & Supply Chain News.

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Localizing Decision-Making Maximizes Benefits of Digital Tech Investments

Supply Chain Brain

Supply chain decision-makers are caught in a balancing act of competing priorities. To analyze the tradeoffs, many are investing in digital technologies. Often, however, that investment has yet to yield positive results.

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Key methodology for the 50 Providers to Know, 50 Providers to Watch selection – The science behind the analysis

Spend Matters

2023 marks the tenth annual release of the Spend Matters 50 Providers to Know and 50 Providers to Watch lists that represent the best technology providers that serve procurement, finance and supply chain organizations. For a decade, the Spend Matters analyst team has determined the lists through rigorous analysis that factors, among other things, market presence, tech competency, innovation and solution delivery.

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FedEx scaling program that reduces air fleet downtime

Supply Chain Dive

The logistics giant plans to expand the use of Mojix's inventory tracking platform, which keeps tabs on aircraft parts, beyond the U.S.

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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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Empowering farmers across the digital divide in Malawi with OpenHarvest

IBM Supply Chain Blog

The landlocked country of Malawi, located in southeastern Africa, is home to rich, arable land and a subtropical climate suitable for farming. As a result, over 80% of the population is employed in agriculture, and their livelihood revolves around alternating rainy and dry seasons that dictate how the year’s planting, growing and harvesting will unfold.

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Where Are the Tech Experts Needed to Automate the Supply Chain?

Supply Chain Brain

Much of modern-day technology aims to minimize or eliminate the role of people in business processes. Ironically, though, the creation of such systems depends on human experts — and there aren’t enough of them.

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Scoutbee makes the leap from a ‘Provider to Watch’ to a ‘Provider to Know’ in the 2023 best-in-class procurement solution lists

Spend Matters

Spend Matters is once again delighted to release the ‘ 50 Procurement Providers to Kno w’ and ‘ 50 Procurement Providers to Watch ’ lists, announced at the SIG Global Executive Summit on October 17. For the tenth year in a row, our analysts have debated intensely to determine which companies across the procurement technology market sectors deserve closer attention as best-in-class or up-and-coming. ‘50 Procurement Providers to Watch’ are relative newcomers with innovative products that could pro

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GenAI in Logistics Begins With Understanding Use Cases

SCMR (Supply Chain Management Review)

Generative AI will quickly and significantly alter many aspects of supply chain — from overall strategy to the day-to-day activities of employees and their teams.

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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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US ports by volume: How maritime cargo trends are stacking up

Supply Chain Dive

The amount of containers handled at 12 major gateways can help show how the economy is faring. Use this tracker to dig into trends by seaport, coast and month.

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Logistics Take Centerstage at the African Energy Week 2023 Conference

Supply Chain Brain

During a panel discussion, participants examined the efficient services being provided by the energy sector with Dennis Malkoc, the business development manager at Universal Africa Lines.

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3 Reasons to attend PrestoCon 2023: Embracing Open Source and Next-Gen Presto

IBM Supply Chain Blog

On December 5–6, 2023 at the Computer History Museum in Mountain View, CA, hundreds of developers and software engineers will come together at PrestoCon 2023 to support and learn more about Presto, the open-source SQL query engine for data analytics and the Open Data Lakehouse. Learn more about PrestoCon 2023 We’re excited for the future of Presto.

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Webinar – A look 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. The 50/50 and Future 5 are three lists which consist of 105 vendors. Each year, the Spend Matters analysts spend weeks whittling down the various vendors they have seen and demo’d over the year into these three lists.

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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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Bankrupt Rite Aid cleared to pay $138M it owes suppliers

Supply Chain Dive

The drug store retailer is trying to keep its relationships with suppliers intact, including with drugmaker McKesson, which had threatened to stop shipping products.

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Why Supplier Sourcing Solutions Are Essential for Modern Supply Chain Management?

Procurement Freelancers

Businesses encounter various problems and uncertainties in the complex and changing terrain of contemporary supply… The post Why Supplier Sourcing Solutions Are Essential for Modern Supply Chain Management? first appeared on Procurement Blog | Procurement & Supply Chain News.

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The Significance of Optimizing Your Supply Chain Network Design

SCMR (Supply Chain Management Review)

In today’s global supply chain, leaders must shift their focus toward building agility, resilience, and necessary redundancies within their respective supply chains.

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Spend Matters names the top vendors in the 50 Providers to Know, 50 Providers to Watch and Future 5 start-up lists for 2023

Spend Matters

After 12 months of intense debate, Spend Matters is delighted to release the 2023 ‘ 50 Procurement Providers to Know ’ and ‘50 Procurement Providers to Watch ’ lists. This year celebrates 10 consecutive years of the 50/50 lists, released in conjunction with the fifth year of recognizing five innovative procurement tech startups — the Future 5. The lists were announced today at the SIG Global Executive Summit in Scottsdale, Arizona.

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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