ProcurePort

OCTOBER 17, 2023

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.

Procurement 130

Procurement Sourcing 130

Spend Matters

OCTOBER 16, 2023

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.

Category management 81

Category management Management Buyers Strategy 81

Art of Procurement

OCTOBER 19, 2023

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.

Negotiation 94

Negotiation Procurement Risk management Risk 94

ProcurePort

OCTOBER 20, 2023

• 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

Procurement 130

Procurement Strategic sourcing Strategic sourcing Risk management 130

Speaker: Shalini Dinesh

Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.

Supply Chain Brain

OCTOBER 16, 2023

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.

Supply 124

Supply 124

Supply Chain Dive

OCTOBER 16, 2023

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.

Supply chain 131

Supply chain Risk Supply Management 131

Positive Purchasing

OCTOBER 20, 2023

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.

Supply chain 109

Supply chain Sustainability Supply Procurement 109

Supply Chain Brain

OCTOBER 16, 2023

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.

Sustainability 124

Sustainability 124

SCMR (Supply Chain Management Review)

OCTOBER 19, 2023

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.

Logistics 109

Logistics Sustainability Networking Supply chain 109

Supply Chain Dive

OCTOBER 19, 2023

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.

Networking 130

Networking 130

Advertiser: GEP

Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk. When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.

Procurement

Procurement Bulletin

OCTOBER 15, 2023

Canada Builds New Container Terminal Transport Canada plans to invest $150M to build a new container terminal in Contrecoeur, Quebec. The new terminal will help increase container capacity for the Port of Montreal to meet growing demand. You Could Be Flying in an Airplane with Fake Parts… In the latest, “make you scratch your head” moment, it’s found that a London-based airplane parts distributor has been selling fraudulent airplane components to several airlines.

supply chain software solutions 98

supply chain software solutions Supply chain Demand Supply 98

Supply Chain Brain

OCTOBER 17, 2023

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.

Supply chain 111

Supply chain Supply 111

IBM Supply Chain Blog

OCTOBER 17, 2023

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.

Sustainability 96

Sustainability Supply Chain Optimization Quality Raw materials 96

Supply Chain Dive

OCTOBER 20, 2023

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

Price 136

Price Demand Supply 136

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Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.

Real-time Visibility

SCMR (Supply Chain Management Review)

OCTOBER 18, 2023

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.

Logistics 97

Logistics Supply chain Strategy Supply 97

Supply Chain Brain

OCTOBER 15, 2023

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.

Supply chain 115

Supply chain Supply 115

SCMDOJO

OCTOBER 14, 2023

Blockchain has evolved as a highly secure and fast way of managing transactions and has proven benefits in almost all fields. In the latest systems, we can see its benefits in full swing. Here, we’ll discuss how it becomes useful for SCMs and what are some blockchain supply chain examples. For a better understanding, let’s explore some basic concepts.

Supply Chain Efficiency 91

Supply Chain Efficiency supply chain software solutions Supply chain management Supply chain management 91

Supply Chain Dive

OCTOBER 18, 2023

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

Inventory 124

Inventory Logistics 124

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. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

Sustainability

IBM Supply Chain Blog

OCTOBER 19, 2023

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.

Sustainability 94

Sustainability Data Risk Collaboration 94

Supply Chain Brain

OCTOBER 15, 2023

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.

Supply chain 111

Supply chain Supply 111

Spend Matters

OCTOBER 19, 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

e2e 88

e2e Contract Contract management Procurement 88

Supply Chain Dive

OCTOBER 16, 2023

The logistics company will use the robotics company's Stretch robot to unload hundreds of boxes per hour, helping its automotive, consumer retail and technology shippers.

Logistics 111

Logistics 111

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro

Innovation

SCMR (Supply Chain Management Review)

OCTOBER 18, 2023

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

Supply Chain Optimization 91

Supply Chain Optimization Agile and Lean Supply Chain Supply chain Networking 91

Supply Chain Brain

OCTOBER 19, 2023

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.

Logistics 98

Logistics Management 98

Procurement Insights

OCTOBER 14, 2023

When you leave the office, do you stop being a procurement geek? I am a Trekkie, so my answer to the above question is self-explanatory. In short, I ask myself: “What would Spock do?” Moving into a new neighborhood this past May, in which two big schools are within walking distance, we are anticipating a significant number of Trick or Treaters coming up to our door this Hallow’s Eve.

Contract 87

Contract Procurement Purchasing Price 87

Supply Chain Dive

OCTOBER 17, 2023

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.

118

118

Advertiser: GEP

AI isn’t the future. It’s here, now. 30% of businesses have invested in AI. Another 57% will do it in the next 12 months*. From demand forecasting to inventory optimization, risk mitigation to sustainability — AI is set to transform everything. But here’s the secret: success will only come from strong human-AI collaboration, reveals this new new Economist Impact report.

Supply Chain Optimization

Spend Matters

OCTOBER 17, 2023

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.

Data 87

Data Procurement Supply chain Innovation 87

SCMR (Supply Chain Management Review)

OCTOBER 20, 2023

The supply chain predicaments that companies are still reeling from were not caused by the use of methodologies such as lean or just-in-time, but rather likely due to the abuse of these methodologies, compounded by the seemingly carefree attitude to outsource work.

Agile and Lean Supply Chain 86

Agile and Lean Supply Chain Supply chain Supply 86

Supply Chain Brain

OCTOBER 17, 2023

The AI-powered program uses anonymized data to provide users with risk management insights based on various industry guidelines.

Risk 111

Risk Risk management Data Management 111

Supply Chain Dive

OCTOBER 20, 2023

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

Suppliers 113

Suppliers 113

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

Logistics