Fri.Dec 08, 2023

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Procurement Act 2023

Procurement Templates

[link] The key changes Publishing requirements & supplier engagment Procedures Supplier Exclusion Transparency Preparing for changes What’s new? Consolidation – the Act consolidates the different procurement regulations under one Act. Direct Award – introduction of the ground to protect life where a Minister of the Crown considers it necessary and as such introduces regulations that a direct award is permitted.

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Get your IT team battle-ready for the next holiday rush 

IBM Supply Chain Blog

Last year, almost 200 million people shopped on Black Friday. Online alone, they spent more than $9 billion. This holiday season, shoppers are ready to shop again and they’re prepared to spend even more. Are your IT systems ready to handle any spikes and keep everyone jolly? Or are you worried that incidents—finicky apps, slow page loads or even downtime— might ruin the holiday spirit along with your bottom line?

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Trending Sources

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Teamsters threaten UPS strike in Louisville after layoffs

Supply Chain Dive

The union's leader gave the delivery giant until Monday to rectify the situation impacting a subset of workers at a package sortation hub.

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Safer Transportation: Linking Personality Traits to Distracted Driving

SCMR (Supply Chain Management Review)

Research has found some correlation between personality traits and distracted driving behaviors. But there is question on whether businesses can use that information to improve employee safety.

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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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Why Hormel is investing $200M in its supply chain

Supply Chain Dive

The three-year strategy to modernize operations includes a plan to overhaul the CPG's Barron, Wisconsin, plant to better support brands.

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15 Years Later, Will The Coupa Success With The Marine Science Institute (MSI) Still Work Today?

Procurement Insights

EDITOR’S NOTE: Not long after forming in 2006, Coupa’s founders, Dave Stephens and Noah Eisner, were some of the first sponsors of the Procurement Insights blog. The article you are about to read was written in 2008. There are several questions in 2023, including: Does MSI still collaborate with Coupa? In what way or ways has Coupa’s approach – not technology, to client success changed over the past 15 years?

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DNV Approves World’s Largest Green Car Carrier Design

Supply Chain Brain

The 234-meter-long, 40-meter-wide ship would be the world’s largest PCTC with 14 decks that allow 11,000 car equivalent units to be stored simultaneously.

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MSC Air Cargo expands service with third 777 freighter

Supply Chain Dive

The new aircraft will support its existing flights and add a new route between Hong Kong and Texas.

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Leveraging CISA Known Exploited Vulnerabilities: Why attack surface vulnerability validation is your strongest defense 

IBM Supply Chain Blog

With over 20,000 Common Vulnerabilities and Exposures (CVEs) being published each year 1 , the challenge of finding and fixing software with known vulnerabilities continues to stretch vulnerability management teams thin. These teams are given the impossible task of driving down risk by patching software across their organization, with the hope that their efforts will help to prevent a cybersecurity breach.

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Guide to Optimizing Case Management Processes

Pipefy

It’s common for businesses to face challenges like resolving employee problems and tracking software bugs. To fix these pain points, business technology partners (BTPs) are the key to creating solutions that drive success in today’s complex business world. BTPs can tackle these problems by implementing good case management processes that help them match their clients’ IT strategies with overall business goals.

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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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How to build a successful risk mitigation strategy

IBM Supply Chain Blog

As Benjamin Franklin once said, “If you fail to plan, you are planning to fail.” This same sentiment can be true when it comes to a successful risk mitigation plan. The only way for effective risk reduction is for an organization to use a step-by-step risk mitigation strategy to sort and manage risk, ensuring the organization has a business continuity plan in place for unexpected events.

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HR Help Desk: Definition, Benefits, and Best Practices

Pipefy

Human resources teams work tirelessly in their efforts to advocate for employees, offer guidance, and find solutions. The vast amount of manual work these professionals must complete each day means that, on occasion, requests and questions slip through the cracks. Issues that fall by the wayside can result in frustration on the part of employees, who don’t feel heard or valued.

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The software-defined vehicle: The architecture behind the next evolution of the automotive industry

IBM Supply Chain Blog

More and more consumers now expect their vehicles to offer an experience no different from that offered by other smart devices. They seek full integration into their digital lives, desiring a vehicle that can manage their operations, add functionality and enable new features primarily or entirely through software. According to a GMI report , the global software-defined vehicle (SDV) market is expected to achieve a CAGR of 22.1% between 2023 and 2032.

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CPO Rising Listicle: Revisiting This Year’s Top Barriers to CPO Success

CPO Rising

Fridays (in 2023) means that it’s time for another CPO Rising Listicle. Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help procurement teams improve operations. We’ll also include a summary graphic for you to share with your team.

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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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Get ready for change with IBM Cloud Training

IBM Supply Chain Blog

As generative AI creates new opportunities and transforms cloud operations, it is crucial to learn how to maximize the value of these tools. A recent report from the IBM Institute for Business Value found that 68% of hybrid cloud users already have a formal, organization-wide policy or approach for the use of generative AI. That same report also noted that 58% of global decision makers say that cloud skills remain a considerable challenge.

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China Says Biden Battery Limitations Violate WTO Rules

Supply Chain Brain

The plan makes EVs ineligible for tax credits if they use more than a trace amount of materials from China or other nations designated as a “foreign entity of concern.

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