Thu.Nov 21, 2024

article thumbnail

Here’s a comprehensive list of the top 100 skills that a Procurement Manager should master

Procurement Templates

Core Procurement Skil ls Strategic sourcing Supplier relationship management Contract negotiation Vendor evaluation and selection Cost analysis and reduction Procurement planning Inventory management Spend analysis Risk management in procurement Market research Financial Acumen Budget management Total cost of ownership analysis Financial forecasting Return on investment (ROI) analysis Payment terms optimization Financial risk assessment Cost-benefit analysis Lifecycle costing Procurement financi

article thumbnail

Liverwurst, Listeria, and Liability: Food Safety at Boar’s Head

Art of Procurement

In July of 2024, the USDA suspended production at a Boar’s Head meat processing plant in Jarratt, Virginia and the. The post Liverwurst, Listeria, and Liability: Food Safety at Boar’s Head appeared first on Art of Procurement.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Companies Can Get Better Prepared for Sustainability Regulations

Supply Chain Brain

With a barrage of sustainability laws and regulations across the globe, most companies are under-prepared to meet their obligations when it comes to reporting their emissions.

article thumbnail

The Procurement Professional in 2025: Emerging Trends to Watch

Procurement Freelancers

The world of procurement is evolving rapidly, and 2025 is set to bring significant shifts.… The post The Procurement Professional in 2025: Emerging Trends to Watch first appeared on Procurement Blog | Procurement & Supply Chain News.

article thumbnail

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.

article thumbnail

The dual case for reusable transport packaging in supply chains

Supply Chain Dive

Adopting reusables across the supply chain presents not just sustainability benefits, but also cost savings, according to speakers at Pack Expo International.

article thumbnail

U.S. Retailers Raise Alarm Over Ongoing Red Sea Crisis, Looming Port Strike

Supply Chain Brain

November 19 marked a year since Houthi rebels attacked the British-owned Galaxy Leader cargo ship as it moved through the Red Sea, taking its crew hostage.

75

More Trending

article thumbnail

Podcast | From Resilience to Robustness: The Key to Supply Chain Success

Supply Chain Brain

Modern-day supply chains are obsessed with the goal of becoming resilient. But is that enough?

article thumbnail

With ProcureTech, It’s Back To The Past

Procurement Insights

I believe we have come a full circle after couple of decades of building use case based products to integrated products to finally wanting to use best of breeds in different areas and building some sort of integrations amongst those. While Unicode platforms are best way to move forward, not all users or organizations have appetite to take on all areas together.

article thumbnail

Unions Challenge Canada’s Back-to-Work Order

Supply Chain Brain

Canada’s Industrial Relations Board ordered a resumption of operations at all affected Canadian ports from the morning of November 16.

64
article thumbnail

#31 | Supplier Experience: The HEINEKEN Journey with Ruth Bromley (Heineken)

The Supplier Experience

When it comes to standardizing the suite of tools, Ruth explains the most important thing to get right for your people to use the product is to ensure its value for suppliers: “What’s critical in order for your internal team actually having the appetite to use the tools, is that those tools have to work for your suppliers in the market.” The Heineken session at Supplier Experience Live 23 covers: The digital transformation journey of Procurement at Heineken How to successfully digitize the procu

article thumbnail

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.

article thumbnail

Boeing CEO Calls on Employees to Take Ownership of Turnaround

Supply Chain Brain

Ortberg bluntly told employees during a companywide address on November 20 that they control the company’s destiny.

74
article thumbnail

Conscious Choices: Navigating Mental Health with Carl Ferrand – Episode 102

Procurement Talk with David Byrne

Listen on Apple Podcasts Listen on Spotify Watch on YouTube Summary In this episode, Martin Smith interviews Carl Ferrand, Head of Procurement at Specsavers. Carl shares his journey into procurement, emphasising the importance of people in leadership and the need to stand out when applying for positions. He discusses the evolution of procurement, … Continued The post Conscious Choices: Navigating Mental Health with Carl Ferrand – Episode 102 appeared first on Talent Drive.

article thumbnail

Cylindrical Sails Fitted to VLGC Should Cut Fuel, Emissions by 4%

Supply Chain Brain

The Norsepower Rotor Sails use a small amount of electricity to spin cylindrical sails to harness the Magnus effect, an aerodynamic principle that generates thrust from wind.

55
article thumbnail

3PLs ramp up leasing activity as outsourcing interest grows

Supply Chain Dive

Retailers want inventory flexibility in a time of uncertainty. Logistics providers are reaping the demand benefits.

article thumbnail

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

article thumbnail

Chinese Carrier Detained for Suspected Sabotage of Telecom Lines

Supply Chain Brain

Investigators say that the Chinese bulk carrier Yi Peng 3 left a Russian port on November 15, and was passing through the area of each cable at the time they were damaged.

53
article thumbnail

Electrolux appoints chief procurement officer

Supply Chain Dive

Michelle Shi-Verdaasdonk will oversee the home appliance maker’s materials and product sourcing strategies.

article thumbnail

US-only supply chains will emerge under Trump: PIIE economist

Supply Chain Dive

Companies looking to avoid tariffs on imports from China will likely shake up their sourcing, economist Mary Lovely said.

article thumbnail

Tariff concerns loom over construction material pricing

Supply Chain Dive

Potential trade policy changes under the incoming Trump administration could raise costs for a wide range of materials, economists say.

Price 80
article thumbnail

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.