Fri.Jan 05, 2024

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Procurement Jobs And How To Get Hired

Procurement Templates

UK Agencies, not in any particular order: Michael Page Procurement & Supply Chain Bramwith Consulting Hays Procurement 1st Executive Procurement PeopleCloud Portfolio Procurement Procurement Heads Edbury Daley Reed Procurement & Supply Chain Barclay Meade Procurement & Supply Chain Standing out in a job application process can be challenging, but it’s definitely possible.

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Red Sea attacks: Ocean shipping rates jump more than 50% in key lanes

Supply Chain Dive

Rates from Asia to the U.S. East Coast reached $3,900 per FEU in the past week, with additional surcharges to start this month, according to Freightos.

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Trending Sources

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Contract Management Responsibilities Checklist

Procurement Templates

Creating a comprehensive contract management checklist involves several key steps to ensure effective oversight and compliance. Here’s a detailed checklist you can use: Contract Initiation: Define contract objectives and requirements. Identify stakeholders and their roles. Establish contract terms and conditions. Preparation and Drafting: Create a draft reflecting agreed-upon terms.

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69% of Employees Said They Experienced Burnout in 2023

Supply Chain Brain

71% of employees said burnout impacted their work with 45% saying they’re not as enthusiastic as they could be, while another 26% said they only performed their required responsibilities.

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.

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New Year Insights for the procurement solutions and services marketplace 2024: Sphera

Spend Matters

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.

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Consumers could return $82.1B worth of holiday merchandise, survey finds

Supply Chain Dive

To address the rising cost of returns, 44% of retailers have increased return or restocking fees, according to CBRE and Optoro.

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ONE Launching Service Between Georgia and West India

Supply Chain Brain

The new offering, consisting of nine vessels, will provide the Georgia Ports Authority with access to ten services via the Suez Canal, including nine routes to the Indian subcontinent.

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Disruption Challenges Procurement Leaders to Steady Supply Chains

SCMR (Supply Chain Management Review)

Disruption has significantly altered the landscape for procurement leaders, challenging their ability to maintain stable supply chains and make strategic decisions. There are some options, though, to help mitigate the challenges.

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Q4 2023 Insider roundup: A deep dive into procurement tech market movements; updated coverage of 15 vendors

Spend Matters

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.

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To succeed today, solution providers must “lower Everest and raise the ease of transition and integration”

Procurement Insights

EDITOR’S NOTE: One of the most frequent questions I receive from solution providers is: what are the obstacles to landing new clients, and how do we address them? If you are a solution provider asking that same question, here is what I would write to you: Dear Service Provider. If someone said, “I would give you a million dollars to climb Mount Everest or five thousand dollars to jog up and down a small hill,” what would you choose?

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

As early as next year, procurement and supply chain operations will begin to adopt AI agents, often called “agentic AI,” to work alongside employees to make and execute decisions with precision across procurement and even the most complex global supply chains. Unlike LLM-based generative AI tools such as ChatGPT, these AI agents do not require prompts from humans.

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CHIPS and Science Act not enough to strengthen the semiconductor industry: CSCMP report

Supply Chain Dive

The industry group's recent report stressed the need for more investment to fortify the country's chip supply.

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Navigating Global Challenges: Mastering Product Procurement In Today’s Economy

Procurement Freelancers

In today’s fluctuating economic environment, as a product sourcing expert, you hold a critical position:…

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JD.com’s logistics arm launches international express delivery service

Supply Chain Dive

The China-based e-commerce company is expanding the reach of its logistics service into North America and Europe.

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Demand Generation vs. Lead Generation: Key Differences and Similarities

The Thomas Blog

The distinction between demand generation vs. lead generation is important but not always obvious. Demand generation matches people with the right product or service. As a business owner, you help the audience realize that your product or service fits their needs. On the other hand, lead generation means attracting prospects to your business. Once you’ve got their attention, you nurture and convert them into paying customers.

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Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

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No-Code Automation: Definition and Top 5 Tools

Pipefy

What is no-code automation? No-code automation refers to software platforms that empower businesses to automate manual or repetitive work for efficiency and cost savings. It optimizes workflows with intuitive, user-friendly interfaces for those with no previous coding knowledge or experience. Process automation is one of the most effective ways to leverage no-code technology because of its capacity to save resources.

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The 12 Best B2B Lead Generation Strategies and Tactics

The Thomas Blog

B2B (business-to-business) lead generation strategies are designed to identify and attract potential business customers or clients. The idea is to help your business find qualified leads and convert them into paying customers by building a robust lead pipeline. Lead generation. Image Credit: Shutterstock.com/Olivier Le Moal Your efforts can encompass content marketing, email marketing, and social media marketing among other tactics.

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Enhance Decision-Making and Efficiency with Process Tracking

Pipefy

Businesses are constantly seeking new methods to improve their operations. To optimize performance, accountability, and compliance, one method many choose is optimizing their process tracking. This gives companies the means to lay out and orchestrate every process, system, and workflow, all of which are tightly interconnected with the common goal of creating a product.

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Lead Prospecting: Meaning, Strategies, and Benefits

The Thomas Blog

Lead prospecting refers to the process of identifying and qualifying potential customers or clients who are likely to be interested in a product or service. The goal of lead prospecting is to generate a list of potential customers who can be targeted for marketing and sales efforts. Effective prospecting goes beyond just building a customer pipeline; it establishes you as a reliable advisor and enables a focused approach to the right accounts.

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

Speaker: Shalini Dinesh

Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.

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How to Use HR Chatbots for Enhanced Efficiency and Employee Engagement

Pipefy

As artificial intelligence (AI) advances continue, an ever-growing number of workplaces are adopting them as enhancements to their existing process management systems. The human resources (HR) sector is no different. HR analysts often seek new ways to better serve their workforce while maintaining a reasonable workload and conserving IT resources. The answer many have discovered is the AI-powered chatbot.

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Best of 2023: CPO Rising Listicle — Four ESG Issues CPOs Must Manage

CPO Rising

Editor’s Note: Over the next few weeks on CPO Rising, we’re publishing some “best of” 2023 articles as we reflect on the year and prepare for the new year ahead. Fridays (in 2023) means that it’s time for another CPO Rising Listicle.