ProcurePort
OCTOBER 2, 2023
In today’s rapidly evolving business landscape, procurement professionals are constantly seeking ways to enhance efficiency, reduce costs, and make data-driven decisions. Technology has greatly improved spend analysis in recent years, with Artificial Intelligence leading the way. This article discusses the advantages of using AI for spend analysis in procurement.
Procurement Software
OCTOBER 3, 2023
The topic of supplier consolidation is a popular one, especially across indirect procurement spend. If we take the 80/20 rule, then 80% of the supply base usually accounts for just 20% of an organisation’s total spend. Furthermore, the vast majority of P2P issues and day-to-day firefighting usually comes from this long tail of non-core, non-strategic suppliers.
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Una
OCTOBER 3, 2023
Why Procurement Should Care About UX Insight into why procurement should care about UX and how sourcing can improve the user experience to build its brand and drive value. By Hugo Britt | October 3, 2023 Search Search User Experience (UX) is all about what the user of a product – such as a webpage – experiences when interacting with that product. Companies spend millions designing and constantly refining their online UX because it’s so high-impact.
Spend Matters
OCTOBER 4, 2023
Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters Insider content. Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.
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.
Procurement Insights
OCTOBER 2, 2023
EDITOR’S NOTE: Thanks to James Meads , whose post on LinkedIn inspired my comments below. You have probably seen this from me before, but it is worth a revisit here. In 1998, I developed one of the industry’s first algorithm-driven web-based RA solutions with the generous support of the government’s Scientific Research & Experimental Development Program (SR&ED) for the DND.
Supply Chain Dive
OCTOBER 5, 2023
Organizations must define the role of automation in their planning process to support more agile decision-making.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Spend Matters
OCTOBER 3, 2023
In part 1 , Ian Nethercot, head of supply chain at IT marketplace and advisory service Probrand talked to us about what challenges his customers are facing in the world of IT buying. He cites a greater need for visibility around supply availability, price and supplier honesty. In part 2 he goes further and addresses how that barrier can be lifted by a digital enabler.
Procurement Freelancers
OCTOBER 5, 2023
In the intricate business world, procurement is crucial to ensuring that a company runs smoothly… The post A Guide to the Key Responsibilities of a Procurement Agent first appeared on Procurement Blog | Procurement & Supply Chain News.
Supply Chain Dive
OCTOBER 2, 2023
Companies are shifting from layoffs to attrition and hiring freezes to manage headcount, as companies note greater optimism for future growth in the industry.
Supply Chain Brain
OCTOBER 3, 2023
Importers must start asking the hard questions and take action to mitigate the significant legal, financial, and reputational risks of trading with partners involved with forced labor.
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
Spend Matters
OCTOBER 2, 2023
This third part of our three-part Spend Matters Vendor Analysis 2023 update focuses on a deeper overview of each part of SAP Ariba’s offering for P2P, with a detailed look at each of its modules. We also cap off the series with an analyst summary. The first provides a history and overview of SAP Ariba’s P2P solution and a company-level SWOT analysis and profiles of competitors.
Procurement Bulletin
OCTOBER 1, 2023
Truck Stops Going Electric As many trucking companies begin migrating to electric fleets, truck stops are starting to upgrade their infrastructure for the increasing demand for charging electric trucks. US Steelmaker Going Nuclear Green (aka clean) energy has been the focus for many companies and countries, now Nucor, the largest steel company in the US, is partnering with Helion Energy, a nuclear-energy startup, to develop a nuclear fusion reactor to power one of Nucor’s steel factory by
Supply Chain Dive
OCTOBER 2, 2023
The improvements target challenging facility processes like unloading trailers, sorting small packages and moving irregularly sized shipments.
Supply Chain Brain
OCTOBER 3, 2023
With the omnichannel becoming the standard for fulfillment, decisions on allocation and replenishment become far more complicated than just meeting demand at the store level.
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.
Spend Matters
OCTOBER 2, 2023
This second part of our three-part Spend Matters Vendor Analysis 2023 update focuses on the strengths and weaknesses of SAP Ariba’s P2P solution. This content is for members only. Visit the site and log in/register to read. The post SAP Ariba: Vendor Analysis, 2023 Update (Part 2) — P2P solution strengths and weaknesses, tech selection tips appeared first on Spend Matters.
SCMDOJO
OCTOBER 4, 2023
Industrial settings are at high risk of fire through machinery, flammable substances, dust and debris from production processes , electrical hazards, or hot conditions caused by welding, soldering and brazing operations. The need to put in place adequate protection measures is essential, and measures such as fire shutter doors should be considered to reduce the risk of fire spreading and causing more damage.
Supply Chain Dive
OCTOBER 2, 2023
Sharing demand and capacity forecasts will help provide strong holiday delivery service, Supply Chain Dive panelists said.
Supply Chain Brain
OCTOBER 1, 2023
The average shrink rate for the 2022 fiscal year grew to 1.6% from 1.4% in 2021, aligning with shrinkage rates seen in 2020 and 2019.
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.
Spend Matters
OCTOBER 2, 2023
This first part of a three-part Vendor Analysis of SAP Ariba’s P2P offering provides a company background, a high-level overview of the P2P solution, a SWOT analysis and a list of the solution’s competitors. The second part focuses on the solutions strengths and weaknesses and offers selection tips. The third concludes the series with an in-depth look at the P2P solution and an analyst summary.
Procurement Freelancers
OCTOBER 6, 2023
In modern business, every organization aims to minimize costs and operations. Sourcing agents are typically… The post Understanding the Costs Associated with Sourcing Agents first appeared on Procurement Blog | Procurement & Supply Chain News.
Supply Chain Dive
OCTOBER 2, 2023
Preserving economic benefits of trade facilitation and improving national security require partnerships and technology.
Supply Chain Brain
OCTOBER 5, 2023
Contrary to popular belief, automation doesn't spell an end to the presence of humans in manufacturing and distribution environments, according to Mark Juelich, president of Industrial Procurement Services.
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.
Spend Matters
OCTOBER 3, 2023
We recently spoke with procurement solution providers to discover what their customers are asking of them. In a new series of investigations Spend Matters is speaking with representatives from the world of procurement tech practitioners and consultants to discover the word on the street about the challenges of ‘turning digital.’ What’s causing the low-scale uptake and preventing the elevation of the tech game?
Procurement Freelancers
OCTOBER 2, 2023
Procurement contract management is a critical part of the sourcing process. It entails supervising the… The post The Top Skills Every Freelance Procurement Contract Manager Should Have first appeared on Procurement Blog | Procurement & Supply Chain News.
Supply Chain Dive
OCTOBER 3, 2023
As climate milestones approach, there is still much work to be done in measuring and reducing footprints. Procurement and supply chain teams will play a key role.
Supply Chain Brain
OCTOBER 4, 2023
John Donigian, senior director of product strategy with Moody’s Analytics, discusses the importance of promoting visibility, collaboration and data exchange across the extended supply chain.
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
OCTOBER 4, 2023
At IBM, we believe we can make greater progress together. Our purpose is to be the catalyst that makes the world work better—and our partners are key to this mission. Together with our partners and clients, we work to solve the most complex challenges with AI and hybrid cloud. Last year, we launched our “ Common Grounds ” video series to showcase the value of partnership and how we’re better together.
Art of Procurement
OCTOBER 5, 2023
“If all printers were determined not to print anything till they were sure it would offend nobody, there would be. The post Books As a Proxy for Free Thought appeared first on Art of Procurement.
Supply Chain Dive
OCTOBER 5, 2023
The complaint says sellers are cornered into using Fulfillment by Amazon, squeezing out alternative providers. Here’s how.
Supply Chain Brain
OCTOBER 5, 2023
Information submitted to the system on new or ongoing supply chain disruptions can be used to better coordinate government resources, reducing backlogs and delays.
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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