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
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.
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.
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.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Art of Procurement
NOVEMBER 2, 2023
“Coke is everywhere. In fact, when I travel to the developing world, Coke feels ubiquitous. […] If we can understand. The post Coca-Cola’s Project Last Mile appeared first on Art of Procurement.
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?
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.
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.
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.
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.
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.
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 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.
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
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.
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.
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 pricing environment has shifted in favor of shippers with demand cooling off, according to the TD Cowen/AFS Freight Index.
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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.
SCMR (Supply Chain Management Review)
NOVEMBER 1, 2023
As regulations around reporting Scope 3 supply chain emissions ramp up, questions on whether it is possible to accurately measure them, and whether it will even change behavior, have emerged.
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.
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
The incident is impacting elements of the aerospace and defense company's parts and distribution business, said a Boeing spokesperson.
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.
SCMR (Supply Chain Management Review)
OCTOBER 30, 2023
The B2B foodservice distribution industry faces challenges in redesigning supply chain networks to accommodate increased complexity and flexibility without radically inflating costs.
Supply Chain Brain
OCTOBER 31, 2023
Ongoing disruption requires companies to make a fundamental shift in their supply chain strategy. What makes this transformation so difficult is that the scope of change required is extensive, involving many internal (and external) stakeholders, data and 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
OCTOBER 31, 2023
The tech company deployed the features to its Dynamics 365 Supply Chain Center product in a bid to help customers reduce inventory and increase working capital.
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)
NOVEMBER 2, 2023
An overreliance on mini-bids to keep freight costs down has become detrimental to the shipper/carrier relationship and fails to produce the expected cost savings.
Supply Chain Brain
OCTOBER 31, 2023
Responders raised concerns about workforce productivity with 62% of interviewees claiming they are training existing staffers in order to enhance their skills and productivity.
IBM Supply Chain Blog
NOVEMBER 3, 2023
In the age of constant digital transformation, organizations should strategize ways to increase their pace of business to keep up with — and ideally surpass — their competition. Customers are moving quickly, and it is becoming difficult to keep up with their dynamic demands. As a result, I see access to real-time data as a necessary foundation for building business agility and enhancing decision making.
Supply Chain Dive
OCTOBER 30, 2023
With attention to companies’ environmental and social impacts on the rise, fully incorporating your value chain into your company’s ESG strategy can provide significant benefits.
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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