ProcurePort
NOVEMBER 2, 2023
Procurement Sourcing Overview: Procurement sourcing is finding and choosing suppliers to get things an organization needs. It involves identifying, evaluating, negotiating, selecting, managing contracts, and maintaining supplier relationships. Importance and Strategies: Good procurement sourcing saves money, ensures quality, reduces risk, and allows for innovation.
Procurement Insights
OCTOBER 29, 2023
Direct and indirect procurement have never looked more different. And I expect a decoupling of the two areas in 2024. I see a decoupling of direct and indirect on the horizon based on the evidence at hand — at least in the near term. – Jason Busch, LinkedIn Post (October 27th, 2023) My thoughts on the above. Great post, as usual, Jason Busch !
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Spend Matters
OCTOBER 30, 2023
Tomorrow October 31, 11:00 a.m. EST, 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.’ Compiling these lists has been tricky, but now the team can treat all attendees with a glimpse of how the future of procurement is shaping up. A major focus will be on the methodology behind how the analysts determine which companies are worth watching and knowing.
Spend Matters
NOVEMBER 1, 2023
This Spend Matters Vendor Analysis provides an overview of CobbleStone Software and its sourcing, contract lifecycle management (CLM) and e-procurement solution. CobbleStone is best known for its end-to-end CLM for legal, procurement, sales and risk teams. Its AI system, VIDSOM®, is present throughout its modules. CobbleStone is a no-code solution that over 1,000 companies have chosen in its 25+ years.
Advertiser: GEP
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
All Things Supply Chain
OCTOBER 30, 2023
The global supply chain is facing a labor shortage that has slowed down manufacturing and shipping times. As a result, prices continue to rise and economic stagnation has gotten worse.
Supply Chain Dive
OCTOBER 31, 2023
The pricing environment has shifted in favor of shippers with demand cooling off, according to the TD Cowen/AFS Freight Index.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
ProcurePort
NOVEMBER 3, 2023
Cost savings and increased competition through real-time bidding and transparent processes. Streamlined procurement, improved supplier relationships, and data-driven decision-making for more efficient and effective sourcing. In today’s digital age, businesses are constantly seeking innovative ways to optimize their procurement processes. Online reverse auctions have emerged as a powerful tool in this regard.
Procurement Templates
OCTOBER 28, 2023
3 Quotes Procurement Process: Smart Strategies for Success In today’s fiercely competitive business landscape, refining every step is essential for a company to maintain its competitive edge. In procurement, acquiring goods and services at the right price is fundamental. This is where the Three Quote Procurement Process comes in. This article will break it down for you, explaining what it is and the best ways to make it work for you.
Supply Chain Dive
NOVEMBER 3, 2023
The logistics giant’s “deep learning models” incorporate weather and traffic conditions for more accurate projections, CEO Raj Subramaniam said at a CNBC event.
Supply Chain Brain
OCTOBER 29, 2023
With near-term consumer demand uncertain, and high interest rates likely to continue for some time, corporate belts are tightening. So what are companies spending money on today?
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
ProcurePort
OCTOBER 30, 2023
Competitive advantage is what sets your business apart from competitors and can take various forms, including cost leadership, differentiation, focus, innovation, and service excellence. Effective procurement practices play a vital role in gaining a competitive advantage by reducing costs, sourcing unique materials, focusing on niche markets, driving innovation, and building strong supplier relationships.
Spend Matters
OCTOBER 30, 2023
This addendum to the Spend Matters Vendor Analysis for Brooklyn Solutions (the new name of Brooklyn Vendor Assurance that we covered in 2021) focuses on the main changes at company and product levels. The supplier management solution (SxM) also offers considerable contract management depth due to its historical and unchanged focus on post-contract activities.
Supply Chain Dive
NOVEMBER 2, 2023
A new action guide by the National League of Cities points to emerging policies and technologies to combat increasing air pollution, greenhouse gas emissions and traffic congestion.
Supply Chain Brain
NOVEMBER 2, 2023
When consumers are informed about the carbon cost of shipping and the environmental impact of their choices, they are empowered to make decisions that align with their values.
Speaker: Jason Cottrell and Gireesh Sahukar
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
Positive Purchasing
NOVEMBER 1, 2023
Written by Jonathan O’Brien , leading procurement expert and CEO of Positive Purchasing Ltd. Jonathan and his team work with global blue-chip organizations to help transform their procurement capability. With Chat GPT almost becoming mainstream now, tech development is moving so fast it could give you a nosebleed. Not to be outdone, here at Positive Purchasing, we have released Capella, a new world-leading digital tool to guide users to the optimum category strategy – so I thought it would
Spend Matters
NOVEMBER 2, 2023
Spend Matters is delighted to announce the 2023 roster for our ‘Future 5’ list. For the fifth year in a row, our analysts have highlighted five start-ups that excite them the most. This year, the five companies that have proven themselves as potential future trend setters are akirolabs, Calculum, dSilo, Mithra and ORO Labs. To warrant such attention, these vendors must have a product that is ideally 2 to 5 years old, is used by more than five customers and displays an innovative appl
Supply Chain Dive
OCTOBER 31, 2023
The 1.5 million square-foot facility in Lancaster, Texas will enable faster delivery as the retailer prepares for the holiday season.
Supply Chain Brain
OCTOBER 30, 2023
The program has been so successful, the company intends to expand it, adding more participants over the next 12 months.
Advertiser: ZoomInfo
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
SCMR (Supply Chain Management Review)
NOVEMBER 3, 2023
Meeting the demands of a modern supply chain requires the integration of physical and digital strategies to enhance efficiency, cost flexibility, and sustainability, in other words, a phygital approach.
Spend Matters
NOVEMBER 2, 2023
SAP held its annual Spend Connect conference (previously known as SAP Ariba Live) in Vienna, Austria from October 9 to 11, where they graciously hosted the Spend Matters team to get the latest on product announcements and catch up with clients and SAP executives (you can catch the “best of” follow-up here ). The event illuminated both the firm’s strategic intents and tactical efforts (e.g., GenAI).
Supply Chain Dive
NOVEMBER 3, 2023
Looking ahead, the company expects further headwinds as market conditions worsen, CEO Vincent Clerc said in an earnings call.
Supply Chain Brain
OCTOBER 30, 2023
The role of plastic in logistics cannot be boiled down to "friend or foe." Instead, plastic should be seen as a dynamic material that requires continuous evaluation and improvement.
Advertiser: GEP
Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.
SCMR (Supply Chain Management Review)
NOVEMBER 3, 2023
Accenture has made two acquisition announcements this week, announcing the intention to acquire procurement firm The Shelby Group and reverse logistics specialists OnProcess Technology.
Spend Matters
NOVEMBER 2, 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
Supply Chain Dive
NOVEMBER 1, 2023
Convoy’s network of more than 80,000 carriers will help Flexport build out its nascent trucking services, CEO Ryan Petersen said.
Supply Chain Brain
NOVEMBER 2, 2023
To navigate the year ahead, firms should act now to build policies, implement processes, and partner with third-party experts to create sustainable supply chain logistics and improved data processes.
Speaker: Ethan Woolley, Director at Kharon
This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia
IBM Supply Chain Blog
NOVEMBER 2, 2023
When it comes to modern IT infrastructure, the role of Kubernetes —the open-source container orchestration platform that automates the deployment, management and scaling of containerized software applications (apps) and services—can’t be underestimated. According to a Cloud Native Computing Foundation (CNCF) report (link resides outside ibm.com), Kubernetes is the second largest open-source project in the world after Linux and the primary container orchestration tool for 71% of
Procurement Freelancers
NOVEMBER 1, 2023
The field of procurement is evolving at a fast pace as we approach the new… The post Top Trends in Procurement Services Likely to Become Popular in 2024 first appeared on Procurement Blog | Procurement & Supply Chain News.
Supply Chain Dive
NOVEMBER 3, 2023
The Postal Service is counting on its new service to attract more shippers and compete with FedEx and UPS.
Supply Chain Brain
OCTOBER 31, 2023
This report delves into the crucial relationship between last mile delivery solutions and preparedness for potential supply chain disruptions, notably major carrier strikes.
Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón
Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how a composable approach helps modernize commerce stacks while maintaining control over critical systems.
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