Sat.May 06, 2023 - Fri.May 12, 2023

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Lost in Public Space: Exploring the Unknown with the Norwegian Public Sector Segment

ivalua

Ivalua Spend Management Insights [ivory-search] Lost in Public Space: Exploring the Unknown with the Norwegian Public Sector Segment May 9, 2023 | | Public Sector /by he I have spent most of my career in the private sector and started to get in contact with the space in recent years. Though the private and public sectors may appear to be distinct entities, a closer look reveals many shared characteristics.

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UK Import and Export Statistics 2023

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter UK Import and Export Statistics — 16 Key Facts and Figures According to the World Bank’s data, the United Kingdom with a population of 67 million people recorded a $3.2 trillion dollars in GDP ( gross domestic product ) making it the second-largest and most powerful European country in international trading, the fifth-largest economy in the world, and the leading G7 m

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Supply Chain Weekly Wrap-Up 05/05/2023-05/11/2023

All Things Supply Chain

What Chat GPT competitor Google’s Bard Can Do Google’s announcement of its new operating system for its in-house chatbot, Bard, at its recent developer conference.

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Using Supplier Management Software to Manage Supplier Risk

ProcurePort

Supplier Management Software: Supplier Risk: Effective supplier management is critical to the success of any business. As organizations grow, managing a growing number of suppliers can become increasingly complex. To ensure a seamless and efficient supply chain, businesses need to implement robust supplier management practices that help mitigate supplier risk.

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Adapt or Perish: Safeguarding Your Fleet in an Era of Logistics Evolution

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,

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The Big Interview with Darren Jackson

Procurement Heads

For Procurement Heads ‘ latest Big Interview, he spoke with Will Cooke about his career and what he looks for when hiring. How did you get into procurement? By accident, as 99% of people probably say! I graduated in accountancy and finance and thought that was what I was going to do but I struggled to find a role at that time. I ended up in a temp job with a cycle manufacturer, basically just data entry within the supply chain.

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CPFR in Supply Chain — Everything You Should Know

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter CPFR in Supply Chain — Everything You Should Know CPFR in supply chain allows both businesses and suppliers to fulfill customer demand. However, what is it? In this article, we will tackle what CPFR in Supply Chain is. We will discuss the importance and the different stages of CPFR. in addition, we will share with you the benefits you may get and the issues you may fa

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Cost Savings Through Reverse Auction Software in Purchasing

ProcurePort

In the world of purchasing, every dollar counts. Companies are always looking for ways to optimize their procurement processes and achieve cost savings to improve their bottom line. One tool that has gained considerable attention in recent years is reverse auction software. By leveraging this technology, businesses can streamline their purchasing operations, enhance supplier competition, […] The post Cost Savings Through Reverse Auction Software in Purchasing appeared first on ProcurePort

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The Big Interview with Darren Jackson

Procurement Heads

For Procurement Heads ‘ latest Big Interview, he spoke with Will Cooke about his career and what he looks for when hiring. How did you get into procurement? By accident, as 99% of people probably say! I graduated in accountancy and finance and thought that was what I was going to do but I struggled to find a role at that time. I ended up in a temp job with a cycle manufacturer, basically just data entry within the supply chain.

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Mexico Import and Export Statistics 2023

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Mexico Import and Export Statistics — 15 Key Facts and Figures According to the International Monetary Fund, Mexico is the 14th largest in the world in nominal GDP terms and the 13th largest by purchasing power parity. The country is a developing mixed-market economy and stable macroeconomics.

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[Pod] Supply Chain Cyber Attack: Expeditors and iRobot

Art of Procurement

Cyber attacks have been on the rise since 2020, occurring with increasing frequency and having a more detrimental impact to. The post [Pod] Supply Chain Cyber Attack: Expeditors and iRobot appeared first on Art of Procurement.

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Strategic Cost Management Approaches to Unlock Growth and Increase Profitability

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.

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Implementing Strategic Sourcing Software: The Initial Steps

ProcurePort

• Improved Cost Efficiency: Strategic sourcing software enables businesses to analyze and optimize their procurement processes, resulting in significant cost reductions and improved supplier negotiation outcomes. • Enhanced Supplier Collaboration: By streamlining communication and fostering transparency, strategic sourcing software strengthens relationships with suppliers, leading to better collaboration, risk mitigation, and long-term partnerships.

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Costco, Walmart join Biden administration’s supply chain data exchange

Supply Chain Dive

Fifty-three companies representing the end-to-end supply chain are now part of the Department of Transportation’s Freight Logistics Optimization Works initiative.

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Scotland Import and Export Statistics 2023

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Scotland Import and Export Statistics Scotland’s imports and exports rely heavily on its vast economic strength however, after Brexit, the country feels its reconstructed trade agreement. Scotland is an open mixed economy whthatncludes private freedom varieties, centralized economic planning, and regulation by the government.

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Introducing the technology behind watsonx.ai, IBM’s AI and data platform for enterprise

IBM Supply Chain Blog

We stand on the frontier of an AI revolution. Over the past decade, deep learning arose from a seismic collision of data availability and sheer compute power, enabling a host of impressive AI capabilities. But we’ve faced a paradoxical challenge: automation is labor intensive. It sounds like a joke, but it’s not, as anyone who has tried to solve business problems with AI may know.

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The Art of Consistent Perfect Order Delivery: Smart Order Fulfillment Through Orchestration

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.

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ERP Master Data: A Guide to Improve Quality & Governance

SCMDOJO

In today’s fast-paced business world, organizations are increasingly relying on technology to streamline their operations and stay competitive. One such technology that has gained immense popularity in recent years is Enterprise Resource Planning (ERP) systems. ERP is a broad term that encompasses the financial, manufacturing and distribution capabilities of a company.

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Kraft Heinz leans on AI to boost its supply chain performance

Supply Chain Dive

The food giant’s service rates and sales have improved with digital tools that provide visibility into its operations, though some ingredient shortages persist.

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Invoice Reconciliation — Everything You Should Know

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Invoice Reconciliation — Everything You Should Know Invoice reconciliation can help businesses in fixing issues regarding payments. However, many people view it as a minor task. In this article, we will discuss what invoice reconciliation is.

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House GOP Spending Cuts Would ‘Wreak Havoc’ on U.S. Air System, FAA Says

Supply Chain Brain

The number of air-traffic controllers has dwindled over the past decade as a result of multiple setbacks to hiring and training, including the COVID-19 pandemic and various government shutdowns.

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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

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Introducing watsonx: The future of AI for business

IBM Supply Chain Blog

Today is a revolutionary moment for Artificial Intelligence (AI). After some impressive advances over the past decade, largely thanks to the techniques of Machine Learning (ML) and Deep Learning , the technology seems to have taken a sudden leap forward. Suddenly, everybody is talking about generative AI: sometimes with excitement, other times with anxiety.

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UPS, Teamsters kick off high-stakes national contract negotiations

Supply Chain Dive

The delivery giant is optimistic about reaching an agreement, but some say the risk of a strike is higher than in previous years.

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Thailand Import and Export Statistics 2023 — 15 Key Figures

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Thailand Import and Export Statistics — 15 Key Figures Thailand is a vibrant and rich country famous for its beautiful beaches, magnificent temples, flavorful cuisines such as Pad Thai and Tom Yum Goong. Thailand emerged as an upper-middle income country after its remarkable social and economic progress due to smart implemented policies.

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How AI Technology Trends Are Impacting Supply Chain Operations

Supply Chain Brain

For artificial intelligence to work in the supply chain, there must be targeted use cases that are focused on critical business workflows.

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Exploring the Advantages and Hurdles of Direct Store Deliveries

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.

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Accelerate your speed of business with IBM Event Automation

IBM Supply Chain Blog

Customer needs and market dynamics are constantly shifting from one moment to the next. There are thousands of business events flowing through every part of your organization every day. These events can provide a wealth of information about what’s actually happening across your business at any moment in time. Organizations that can capitalize on this continual stream of business intelligence can spot trends, issues and opportunities, address threats, and act quickly.

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Nestlé closes 2 Pennsylvania plants

Supply Chain Dive

The company's heath science division will lay off more than 300 workers as it consolidates its supply chain.

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Building a Procurement Function From Scratch

Una

Building a Procurement Function From Scratch With the right approach, building a procurement function from scratch can create streamlined and efficient processes that deliver real value to your organization. By Hugo Britt | May 11, 2023 Search Whether you’re building a new house, moving to a new city, or learning a new skill, starting from scratch can be a daunting task.

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UPS, Teamsters Open High-Stakes U.S. Labor Talks

Supply Chain Brain

The Teamsters said they would refuse to negotiate until UPS signed regional supplement contracts with the union. But, to date, two regional supplemental agreements remain unresolved.

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Five Best Practices for Balancing Costs, Risks, and Sustainability

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.

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At IBM Think, partners are front and center

IBM Supply Chain Blog

If you’ve followed IBM over the past few years, you know how critical the IBM Ecosystem is to our growth strategy. It’s why we gave partners access to the same training and enablement as IBMers last year, launched a new partner program in January, and continue investing in and growing the IBM Ecosystem. So, it should come as no surprise that partners are front and center during our annual Think conference this week.

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US Postal Service reduces FedEx spend amid transformation plan

Supply Chain Dive

The agency is scaling back its reliance on air transport, which spells trouble for FedEx Express.

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Episode 114: Creating a Difference in Sustainable Packaging with Cory Connors

Una

EPISODE 114 Creating a Difference in Sustainable Packaging with Cory Connors By Kelly Barner | May 10, 2023 As goods move through the supply chain, the amount of packaging that moves with them is mind boggling. Efforts to increase operational sustainability are gaining steam worldwide, which means that what that packaging is made of and what happens to it after a delivery has been made are of greater concern than ever before.

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The Promise of AI and Robotics for a Cleaner, Brighter Future

Supply Chain Brain

Advances in robotics and artificial intelligence are making solar power more accessible and more efficient than ever before.

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CEVA Logistics Drives Agile, Multi-Leg Inbound Flows for Tech Company

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.