Thu.Mar 07, 2024

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Procurement Playbook

Procurement Templates

A procurement playbook is a comprehensive document or set of guidelines that outlines the processes, procedures, best practices, and standards for managing procurement activities within an organization. It serves as a reference guide for procurement professionals and other stakeholders involved in purchasing goods and services. Key components typically found in a procurement playbook include: Procurement policies and procedures: Clearly defined rules and regulations governing procurement process

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Shippers should lock in trucking rates soon: experts

Supply Chain Dive

Carrier executives are beginning to show optimism for a rate recovery, which could spell rising costs for customers.

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As North American Manufacturing Surges, Who Wins?

Supply Chain Brain

After several decades of progressive offshoring operations to save on labor costs, U.S. and North American manufacturing is progressively coming back home.

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The role of ethical leadership in the supply chain

Supply Chain Dive

Here are five strengths leaders bring to foster trust and promote ethical conduct.

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GEP Spend Category Outlook Report 2025

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.

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Deadly Ship Attack Means Red Sea Voyages Need Re-Think, Union Says

Supply Chain Brain

David Appleton, head of professional and technical at Nautilus, which represents more than 20,000 maritime workers, said the utmost priority should be the safeguarding of the lives of seafarers.

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3 Ways Data Can Be Better Utilized to Predict the Market Rebound

SCMR (Supply Chain Management Review)

For shippers, properly assessing market conditions is critical to bid season. Data, when used correctly, can be an asset to this process.

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Surviving the Supply Chain Arena

Art of Procurement

This week’s episode of Art of Supply features an interview with David Moran, an “unofficially retired” procurement and supply chain. The post Surviving the Supply Chain Arena appeared first on Art of Procurement.

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Embracing AI: How To Balance Short-Term Gains With Long-Term Promise

Supply Chain Brain

This year is going to be a pragmatic one for business, and AI will play a big part. Does this mean that everyone must rush to purchase an AI tool?

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The diversity dividend: How inclusive businesses gain competitive advantage

IBM Supply Chain Blog

Companies with diverse workforces are better positioned to deliver truly customer-centric experiences to all consumers. For example, when building technology, it is important that employees are aware of the cultural connotations of color schemes, symbols, and graphics. Red signifies good fortune in Chinese culture but can denote danger or caution in Western cultures.

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3 Easy Steps To Procurement Digital “AI” Success

Procurement Insights

STEP 1 – Read the following – My response to a great post by Vineet Khanna STEP 2 – Watch the Following 1:30 video @houseldesign Dominoes with Bricks #brick #dominoes #construction #fyp #fypシ #bricktricks #work #worklife #construção #constructionworker #structure #rypシ #architecture #constructionlife #hardwork #amazing #top #portoi #building #build #baustelle #design #motivation #maison #funny #construction #deutschland #germany #berlin #building #structure #architecture #fypシ

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5 Ways You Can Win Faster with Gen AI in Sales

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.

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Wolverine World Wide to shutter Kentucky distribution center

Supply Chain Dive

The company is permanently closing its operations in Louisville and will lay off about 150 employees.

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Episode 156: Accelerating the Data Feedback Loop with Emilie Schario

Una

EPISODE 156 Accelerating the Data Feedback Loop feat. Emilie Schario By Kelly Barner | March 13, 2024 In 1748, Benjamin Franklin wrote “Time is money.” All of the changes and advancements we have seen in nearly 300 years have not managed to render that advice obsolete. Certainly, time has inherent value (whether measured in dollars or otherwise), but time can also cost money – through delays, misalignment, and poor decision making.

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Best Buy’s suppliers help defray costs in choppy electronics market

Supply Chain Dive

The retailer logged $20 million in vendor spending on things like promotions, displays, special staffing and fulfillment services.

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Watch: Building Insights Into Supply Chains: A Case Study

Supply Chain Brain

A case study arising from an innovative partnership, featuring Erez Agmoni, global head of innovation with Maersk, and Krenar Komoni, founder and chief executive officer of Tive.

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GEP Outlook Report 2025

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

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Gain The Competitive Edge with Strategic Supplier Sourcing Solutions

Procurement Freelancers

In today’s cutthroat market, gaining a competitive edge requires smart, strategic moves.

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CPO Strategy: Arkestro Amplifying Procurement’s Influence

Arkestro

This month’s cover star is Kristina Andric, Supplier Manager IT at Tetra Pak and recent CIPS Young Talent winner

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Podcast | Solving the Deadly Problem of Distracted Driving

Supply Chain Brain

Technology is the major reason behind distracted driving. Is it also the solution?

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Procurement 6 – March 8th, 2024

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – March 8th, 2024 appeared first on Art of Procurement.

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10 Ways to Leverage Buyer Signals and Drive Revenue

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.

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Boeing 737 Max Recent Rudder Failure Under Investigation

Supply Chain Brain

The incident is the latest involving Boeing’s top-selling jetliner, which was grounded worldwide in 2019 following the second of two fatal crashes that killed 346 people.

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Minimize Errors with a Robust Warehouse Barcode System

Finale Inventory

Picture this: a bustling warehouse, palates coming in, orders printing out, shelves (and let’s face it, floor space) overflowing with boxes. You’re looking for a specific item but can’t find it in the chaos. The result? Customers receive their orders late–if they receive the right shipment at all. We’ve all been there, but it shouldn’t be that way–and doesn’t have to be that way.

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Procurement Power Moves: Strategies for Success in the Interim Market with Brian Lombard – Episode 89

Procurement Talk with David Byrne

Listen on Apple Podcasts Listen on Spotify Watch on YouTube Summary In this episode of the Talent Talks podcast, Martin Smith interviews Brian Lombard, a manager at Talent Drive. Brian shares his background and how he transitioned from procurement into procurement recruitment. He primarily focuses on the interim market and discusses the current opportunities … Continued The post Procurement Power Moves: Strategies for Success in the Interim Market with Brian Lombard – Episode 89 appe