Procurement Leaders
JULY 9, 2024
When it comes to ESG, there have been growing murmurs of discontent recently as political figures – predominantly in the US – attempt to push back on its growing influence. The arguments, which I won’t explore in detail here, are focused around whether markets are being manipulated and whether investors and corporations are being forced down a particular route unwillingly due to the reach of increasing regulation.
Supply Chain Brain
JULY 9, 2024
The smart parcel locker market is experiencing rapid growth amid increasing demand for efficient and secure package delivery solutions.
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Supply Chain Dive
JULY 9, 2024
The terminal, which has been closed since January 2023, will significantly expand handling capacity at the growing port.
Supply Chain Brain
JULY 9, 2024
Shein plans to sell supply chain technology to companies around the world, raising fears that sensitive logistics and customer information could be seized by the Chinese government.
Advertiser: GEP
2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.
Procurement Insights
JULY 9, 2024
EDITOR’S NOTE: As a voracious reader, I have read almost every book under the sun relating to business and prime-time executive superstars. I have interviewed many of these authors on my radio show. While each has its own unique approach to achieving life, business, and career success, there is an element of similarity across all of them. That similarity stops with this book.
Supply Chain Brain
JULY 9, 2024
The new reservoir would be situated along the Indio River, adding to the network of lakes that provide water to Gatun Lake.
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 Brain
JULY 9, 2024
Around 20 container vessels are anchored in a cluster off Port Klang, on the western coast of Malaysia near Kuala Lumpur.
Una
JULY 9, 2024
EPISODE 173 Savings Start at Home with Omid Ghamami By Kelly Barner | July 10, 2024 When procurement needs to deliver savings, the reflexive response is usually to go to market, approaching suppliers for discounts or putting a contract out to bid. While this approach works, the results often pale in comparison to what procurement can deliver by having internal conversations about specifications, requirements, and projected demand.
Supply Chain Brain
JULY 9, 2024
Drug shortages in the U.S. have reached an all-time high. A total of 323 shortages were reported during the first quarter of 2024, suggesting that previous strategies had failed to reverse the trend.
NLPA (Next Level Purchasing Association)
JULY 9, 2024
Many may overlook this, but etiquette is key to a successful conclusion of contract negotiations. Some may even say etiquette would “soften” one’s negotiation power. That is not the case. The Power of Etiquette in Contract Negotiation What happens psychologically when the other side does not employ etiquette? Here are some examples: The Risks of Relying on Contract Templates Contract templates and a legal department with political power can make you lazy in procurement.
Advertiser: ZoomInfo
Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.
Supply Chain Brain
JULY 9, 2024
Nearly 30 CPKC train cars derailed and caught fire roughly 140 miles northwest of Fargo just before dawn on July 5.
Finale Inventory
JULY 9, 2024
Inventory management is a key aspect of running a successful ecommerce business. It involves keeping track of your stock levels, knowing when to order more inventory, and ensuring that you have enough products to meet customer demand. With the right tools and strategies in place, you can streamline this process and minimize the risk of overstocking or running out of items.
Supply Chain Brain
JULY 9, 2024
Many technologies today are outdated, as they were designed to handle supply chains functioning 30 or more years ago, says Amber Salley, vice president of industry solutions at GAINS.
Finale Inventory
JULY 9, 2024
In the fast-paced ecommerce sector, effective inventory management is fundamental to the success of businesses. Maintaining the right level of inventory, accurately tracking stock, and optimizing supply chain operations are vital. One powerful tool that helps businesses streamline their inventory management processes is Finale Inventory. This article covers the importance of inventory management in ecommerce, features of Finale Inventory, its implementation, and tips for maximizing its benefits.
Advertiser: GEP
For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic
Fraxion
JULY 9, 2024
How spend management software drives process optimization and cost reduction Is the process for purchasing goods and services and submitting expenses manual or paper-based in your company? Does your team spend countless hours chasing approvals, searching for and matching documentation, and manually keying in invoice data? If so, you're not alone.
Finale Inventory
JULY 9, 2024
In the fast-paced ecommerce industry, effective inventory management is key to the success of any online business. One challenge that ecommerce businesses often face is handling obsolete inventory. This article will discuss strategies for managing obsolete inventory in Finale Inventory, a popular inventory management solution for ecommerce businesses.
Art of Procurement
JULY 9, 2024
In this episode of AOP Introducing, Helen Mackenzie speaks with Rose Punkunus, CEO and Founder of Sudozi, a company elevating. The post AOP Introducing… Sudozi appeared first on Art of Procurement.
Finale Inventory
JULY 9, 2024
Creating a purchase order is a vital step in managing inventory for your ecommerce business. A purchase order serves as a legally binding document between you and your suppliers, specifying the details of the items you need to purchase. With the help of the Finale Inventory software, this process becomes seamless and efficient. This article will guide you through the entire process of creating a purchase order using Finale Inventory.
Advertiser: ZoomInfo
In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.
Procurement Software
JULY 9, 2024
Direct procurement involves acquiring raw materials and components essential for your production process. Indirect procurement, on the other hand, generally deals with non-complex goods and services that support your operations. This fundamental difference raises a crucial question: does direct procurement need its own tech stack? Standardised procurement software suites often cater to source-to-pay (S2P) and source-to-contract (S2C) functions with a strong bias towards use cases in indirect pro
Supply Chain Brain
JULY 9, 2024
Entek's new facility will be built in Terre Haute, Indiana, and will be able to manufacture enough battery separators to support nearly two million mid-size EVs.
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