Sourcing & Procurement News
April Retail Sales Stagnate but Show Annual Growth
The U.S. retail sector experienced mixed results in April, with total sales flat from March but up 3% annually.
Cambium is on a Quest to Breathe New Life Into Old Wood
In this week's Startup Spotlight, we speak with Cambium CEO Ben Christensen about his company's success in transforming old wood into sustainable, useful products.
IBM Investing $730 million to Expand Semiconductor Plant in Canada
IBM announces a $730 million investment in its Bromont, Quebec semiconductor facility, aiming to boost its packaging and testing capabilities.
Nike Signs 20-Year Lease on New UK Supply Chain Hub
Nike has signed a 20-year lease with GLP to establish a new logistics campus at Magna Park Corby, covering 1.3 million square feet.
The Impact of Amazon Business Prime on Procurement Efficiency
A conversation with Daniel Lee, Senior Product Manager, Amazon Business, Business Prime.
Week in Review: Baltimore Bridge Price Tag, FTC Fines Williams-Sonoma, and More
Take one last look at last week's top stories including robots helping humans in the warehouse, Peleton vs. Flexport, and delivery discontent.
Talking Supply Chain: Achieving cost savings through better procurement
A recent survey from Boston Consulting Group found that 65% of executives are prioritizing supply chain and manufacturing costs as the biggest levels for organizations to pull for cost savings. Boston Consulting Group’s Laura Juliano weighs in on how procurement can help.
Auto Parts Makers Receive $100 Million to Help Ease Switch to Electric
The Department of Energy grants $100 million to help auto parts makers update facilities and improve sustainability in their manufacturing.
Navigating Procurement’s Digital Transformation with AI
In today's dynamic business environment, the pivotal role of AI in transforming procurement and supply chains is explored in this whitepaper. GEP's comprehensive study delves into AI adoption stages, challenges, and the evolving role of procurement professionals, offering insights into data infrastructure readiness, training, and ROI perceptions. This paper condenses key findings, providing a nuanced perspective on AI integration within procurement and its potential to revolutionize operations
Apple Accused of Multiple Human Rights Violations
The Democratic Republic of Congo has accused Apple of using illegal minerals and violating human rights in its supply chain.
The Two Most Important Factors in Last-Mile Delivery
A new Microsoft report on last-mile delivery reveals that speed and cost are the two most important factors, as customer satisfaction takes a backseat,
Microsoft Unveils New AI Innovations For Warehouses
Microsoft hopes its new AI innovations are the answer to a new set of challenges facing manufacturers.
Biden Gives Samsung $6.4 Billion For Texas Semiconductor Plants
In another boon for domestic manufacturing, President Biden awarded Samsung $6.4 billion for new semiconductor chip plants in Texas.
Plastic Pollution is a Problem Many Companies are Still Ignoring
A new CDP report reveals that most companies are failing to address the dangers of plastic pollution, leading to calls for more mandatory disclosure.
AI’s Evolving Role in Procurement
In this SCMR podcast, Michael Levans, is joined Kristian O’Meara, Senior Vice President of Strategic Initiatives at Jaggaer in a conversation that puts context around all the excitement surrounding AI.
US Government Commits $6.6B to Boost Semiconductor Production
The US Government is giving $6.6 billion to the world's largest semiconductor manufacturer to build a fabrication plant in Arizona.
Sustainability Ignored by 40% of Procurement Leaders
A new study reveals the extent to which companies are ignoring sustainability in their procurement operations.
Descartes Systems Acquires OCR Services For $90 Million
Descartes Systems Group has acquired OCR Services for $90 million, enhancing its global trade compliance solutions.
Port of Baltimore Could Reopen in May, Says DHL Executive
The Port of Baltimore could reopen in May, according to a DHL executive, though no definitive timetable has been given yet.
GEP Procurement & Supply Chain Tech Trends Report 2024
We’ve researched the five biggest trends in the supply chain space this year, and, drawing on our expertise in procurement and supply chain, we’ll share our perspective and recommendations as well as explore best practices for applying those trends to gain the biggest advantage.
Featured Companies
At Zycus we are 100% dedicated to positioning procurement at the heart of business performance. With our spirit of innovation and a passion to help procurement create even greater business advantages, we have evolved our portfolio to a full suite of…
Vantage Partners is a global management consulting firm. We specialize in helping companies achieve breakthrough business results by transforming the way they negotiate with, and manage relationships with, key business partners.
Some of the largest commercial, manufacturing and life sciences companies in the world trust JAGGAER with billions of dollars of annual spend. Additionally, JAGGAER is the leading procure-to-pay provider in the higher education and government sectors. JAGGAER eProcurement and strategic…
Oracle provides the most complete suite of supply chain applications, Oracle supply chain management is comprised of: value chain planning, value chain execution, product lifecycle management, advanced procurement, asset lifecycle management, order orchestration and fulfillment, and manufacturing. Oracle customers can…
For nearly 20 years, ADR North America has been transforming the purchasing practices of global companies in the United States, Canada and Mexico. Based on the expertise of its president, Bill Michels, CPSM, and the innovative supply management tools developed by…
Supply Chain Edge was founded in 2001 to help companies address their most pressing supply chain challenges. Our professionals are seasoned supply chain operators with years of hands–on operating experience and deep experience in delivering improved profits, enhancing EBITDA, and…
Infor Supply Chain Management combines best in class solutions with industry-specific functionality, giving you the power to plan and execute your supply chain strategies faster and more profitably, from strategic and tactical planning to execution. With analytics at the core,…
The Hackett Group, a global strategic business advisory and operations improvement consulting firm, is a leader in best practice advisory, business benchmarking, and transformation consulting services including strategy and operations, working capital management, and globalization advice.
SPS Commerce perfects the power of trading partner relationships with the industry’s most broadly adopted, retail cloud services platform. As a leader in cloud-based supply chain management solutions, we provide proven integrations and comprehensive retail performance analytics to thousands…
On November 7, 2016, Oracle completed the acquisition of NetSuite, the very first cloud company. In 1998, NetSuite pioneered the Cloud Computing revolution, establishing the world’s first company dedicated to delivering business applications over the Internet. Today, NetSuite provides a suite of…
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