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
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.
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 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.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Supply Chain Dive
OCTOBER 2, 2023
The improvements target challenging facility processes like unloading trailers, sorting small packages and moving irregularly sized shipments.
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 Brain
OCTOBER 4, 2023
Supply chain leaders are trying to understand the best way to integrate artificial intelligence and large language models into their existing set of tools.
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.
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.
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 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 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.
IBM Supply Chain Blog
OCTOBER 3, 2023
If you play fantasy football, you are no stranger to data-driven decision-making. Every week during football season, an estimated 60 million Americans pore over player statistics, point projections and trade proposals, looking for those elusive insights to guide their roster decisions and lead them to victory. But numbers only tell half the story. For the past seven years, ESPN has worked closely with IBM to help tell the whole tale.
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
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 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 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.
SCMR (Supply Chain Management Review)
OCTOBER 6, 2023
The struggle to sell the C-suite on S&OP priorities can be a challenge, but Carol Cunningham has found success in doing just that and shared her secrets at the recent ASCM Connect 2023 conference.
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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.
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.
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.
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.
IBM Supply Chain Blog
OCTOBER 3, 2023
IT is under enormous pressure. The expectation is 24/7/365 performance while also delivering increasingly better customer experiences at the lowest possible cost. The reality is that it’s difficult to keep apps performing as designed, especially in modern, cloud-native environments with microservices and Kubernetes. Cloud costs are out of control, and teams spend too much time fixing instead of innovating.
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.
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
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 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.
IBM Supply Chain Blog
OCTOBER 3, 2023
The rise of online commerce over the last two decades has completely transformed the retail and consumer goods industries—and with smartphone adoption accelerating globally, the share of shopping done via the internet will only continue to expand. But this growth in digital sales can come with a hefty price tag for retailers and consumer goods businesses: a much greater risk of data breaches.
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,
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.
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
As the need for better and more efficient ways to dispose of waste grows, so does the expense and resources needed to deal with it. Recycling alone is insufficient to manage packaging waste effectively.
IBM Supply Chain Blog
OCTOBER 2, 2023
As a healthcare activist, a mom to a fertility preservation miracle, a business owner and a cancer survivor, Alice Crisci has dedicated her life to ending the spread of health misinformation. She founded MedAnswers and its telemedicine spinout, Ovum Health , with the hopes of providing increased access to family-building solutions like pre-pregnancy, prenatal and postnatal healthcare.
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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