Mon.Feb 19, 2024

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Supply Chain Predictions for 2024

All Things Supply Chain

2023 was a whirlwind year for the supply chain industry.

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Organisation Design

Procurement Templates

Tender Specification for Organization Design Services 1. Introduction: [Your organization’s name] is seeking proposals from experienced and qualified organization design consultants or firms to provide comprehensive organization design services. The purpose of this tender is to select a vendor who can assist [your organization] in developing and implementing an effective organizational structure that aligns with its strategic objectives. 2.

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CPO Crunch: The procurement culture club

Procurement Leaders

The well-worn adage of culture eating strategy for breakfast has been around a few years. Attributed decades ago to one of the gurus of modern business philosophy, Peter Drucker, it’s a motto that argues that even the shiniest, most creative plans are worthless unless people feel empowered. Drucker’s principles underpin the approaches of just as many CEOs and business leaders today as they did when he first floated his ideas in the mid to late 20th century.

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Catering Tender

Procurement Templates

Catering Tender When responsible for the Catering Contract- what do you need to know? Here is an overview of the key must-know items in my catering buyers guide. Key areas for consideration • the retention of discounts and the legal relationship between manufacturer/wholesaler, contract and the client; • VAT accounting for free or internal issues; • the status of the contract caterer as agent or principal or both within the same contract; • the value of the management service; • fixed pricing, p

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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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The Five Most Dangerous Supply Chain Attacks in The Last Five Years

Supply Chain Brain

Equipped with automated tools, hackers can hunt through cloud-native applications, public code repositories, unprotected networks and more, without even paying much attention to their computers.

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Navigating Ecommerce Growth: Tools for Returns and Inventory Management in 2024

Finale Inventory

As we delve into planning for success in 2024, it becomes clear that an often-overlooked aspect demands our attention: the returns process. This critical yet challenging transaction presents immense opportunities to boost customer loyalty and enhance operational efficiency. This blog explores the strategic importance of returns and inventory management, illustrating how strategic returns can drive business success in the dynamic ecommerce environment.

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How to Create Real Retailer-Brand Loyalty

SCMR (Supply Chain Management Review)

Supply chain execution, from one end to the other, is the new competitive edge, and this applies whether you are the brand or whether you are the retailer. Working collaboratively is the glue that holds it together.

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Lean Six Sigma for SMEs: A Path to Continuous Improvement

SCMDOJO

In today’s fiercely competitive business landscape, the quest for continuous improvement has become imperative for small and medium-sized enterprises (SMEs) to thrive. Over the years, various methodologies have emerged to address this need, including lean manufacturing, Six Sigma, and the integration of both known as Lean Six Sigma (LSS). In this blog, we’ll delve into the integrated Lean Six Sigma approach, exploring its benefits, deployment models, moreover the implications for SME

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Achieving Procurement With Velocity (Before And After The Pandemic)

Procurement Insights

Not long after the United States declared a public health emergency regarding the COVID-19 pandemic, I released a white paper about a consulting firm’s unique approach to digitally transforming a global procurement practice. Titled “ Achieving Digital Success: Why the Digital Transformation of Procurement Is More About Mindset and Methodology Than Technology ,” here is the closing excerpt from that paper: “The role of Procurement is rapidly evolving.

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Streamlining supply chain management: Strategies for the future

IBM Supply Chain Blog

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. The pandemic and its aftermath highlighted the importance of having a robust supply chain strategy , with many companies facing disruptions due to shortages in raw materials and fluctuations in customer demand.

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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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Episode 153: Finding Purpose in Procurement and in Life with Paul Nilsen

Una

EPISODE 153 Finding Purpose in Procurement and in Life with Paul Nilsen By Kelly Barner | February 21, 2024 Meeting a new friend To ponder the color of Unripe bananas - Paul Nilsen Talking to heroes Who earn their hidden capes while Loving procurement - Kelly Barner Ikigai is a Japanese philosophy focused on finding purpose and meaning. The parts of the word are “iki” which means “alive” and “gai” which means “worth.

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Unlocking financial benefits through data monetization

IBM Supply Chain Blog

Data monetization empowers organizations to use their data assets and artificial intelligence (AI) capabilities to create tangible economic value. This value exchange system uses data products to enhance business performance, gain a competitive advantage, and address industry challenges in response to market demand. Financial benefits include increased revenue through the creation of adjacent industry business models, accessing new markets to establish more revenue streams, and growing existing

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How GEP Solutions Company Is Revolutionizing The World Of Procurement

Procurement Freelancers

Effective procurement management is the cornerstone of every successful business.

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The new procurement journey of Wittur

Jaggaer

Wittur, tra i leader nel mondo nel settore dei componenti per ascensori,presenta la nuova piattaforma internazionale di gestione dei fornitori,basata su tecnologia JAGGAEWittur, one of the leading international groups in elevator components,has unveiled a new international supplier management platform, powered by JAGGAER

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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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Connecting the Dots: The Role of the Modern-Day Warehouse Execution System

Supply Chain Brain

While new technologies can often take time to reach full adoption, the warehouse execution system has seen a quicker acceptance curve than its predecessors.

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Why Do We Need Supply Chain Visibility?

Una

Why Do We Need Supply Chain Visibility? Supply chain visibility is a critical factor for organizations aiming to mitigate risks, optimize processes, and capitalize on opportunities. By Hugo Britt | February 20, 2024 Search Search Supply chain visibility has emerged as a critical factor for organizations aiming to stay ahead of the curve. The ability to monitor and understand the intricacies of supply chain operations has become paramount in mitigating risks , optimizing processes, and capitalizi

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Arizona Company Planning $344M Solar Panel Recycling Factory in Georgia

Supply Chain Brain

Solarcycle said that it would hire over 600 employees to work at the Cedartown, Georgia-based facility, which is set to open in 2026.

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Three Innovative Sustainable Packaging Stories

Una

Three Innovative Sustainable Packakging Stories Examples of exciting and innovative sustainable packaging solutions emerging in the procurement and supply chain space. By Hugo Britt | February 22, 2023 Search Search Inevitably, any company attempting to reduce its environmental impact will have to grapple with the issue of sustainable packaging. This could involve rethinking the packaging around its own products, and/or encouraging suppliers to improve their packaging and reduce their plastic wa

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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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Volkswagen Plans to Supply EV Parts, Cells to India’s Mahindra

Supply Chain Brain

Mahindra will equip some of its five planned electric sport utility vehicles with components from Volkswagen’s MEB platform and unified cells, the carmaker said in an exchange filing February 16.

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391: Gain Supreme Power Over Your Supply Chain, With SDI

Let's Talk Supply Chain

 Today I’m joined by SDI , a digital supply chain brand whose people, processes, and technology have enabled the world’s most efficient supply chains for over 50 years. SDI is the supply chain solutions and services company that specializes in helping large, multi-site facilities and plant maintenance leaders reduce costs and risks while driving overall performance results and outcomes.

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Will Negotiators Be Replaced by AI?

Negotiations Ninja

Will negotiators get replaced by AI anytime soon? AI can be used to shortcut understanding contracts, reading contracts, writing contracts, and more. AI is a wonderful tool. Negotiation expert Keld Jensen believes that if we can realize more value and have better negotiations using AI, we very well should. We should not stand in the way.

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Supplier Portals: Best Practice in Supplier Onboarding and Enablement

HICX

This session will highlight best practices related to supplier onboarding and enablement including the use of supplier portals. Hackett research has shown that supplier onboarding is becoming more of a critical development area for companies particularly as organizations place a greater focus on managing supply base risks. Through a combination of technology, governance, and end-to-end alignment; companies are streamlining the supplier onboarding process to the delight of business stakeholders w

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From Reactive to Resilient: Charting Your Supply Chain Maturity

In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.

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Happy Presidents’ Day

CPO Rising

Presidents’ Day is one of 11 federal holidays in the United States, and its origins can be found dating all the way back to the death of George Washington in 1799. President Washington was celebrated for his contributions to the founding of this country, and his birthday, February 22, became a day of remembrance.

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