November, 2022

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Episode 92: Social Selling for Procurement Professionals with Tim Hughes

Una

Episode 92: Social Selling for Procurement Professionals with Tim Hughes. By Kelly Barner | November 30, 2022. Social media has changed the way we do nearly everything: stay in touch with friends, gather information, stay informed about the news, and make decisions. But should it also alter the way we buy and sell? Executive and author Tim Hughes says yes – and not only that, our time on social media should be driven by strategy and purpose.

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4 Changes Freight Brokers Must Make to Remain Competitive

Let's Talk Supply Chain

We learned an important lesson in 2022 – The industry is changing, and we need to change with it. More now than ever, brokerages understand the importance of strategic planning and positioning themselves to handle whatever comes next. Make 2023 the year you start booking freight more effectively and efficiently by making these four changes to remain competitive. 1.

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What Steps Can Warehouse Managers Take to Prepare for the Holiday Season?

All Things Supply Chain

Warehouse management teams know the holidays are a time of joy and challenges.

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80% of UK businesses say Brexit caused the biggest supply chain disruption in the last 12 months

ivalua

83% fear the biggest disruption from Brexit is yet to come, while increasing supply chain disruption caused revenues to drop by an estimated 18%. London, UK, 28th November, 2022. Research from Ivalua , a leading global spend management cloud provider , has revealed that 80% of UK businesses say that Brexit has been the biggest disrupter to supply chains in the last 12 months, while 83% fear the biggest disruption from Brexit is yet to come.

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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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CPO Spotlight: Ketal Patel

Procurement Heads

For Procurement Heads ‘ latest CPO Spotlight, he spoke with Rupert Gaster about the various categories he has managed during his extensive career and how he and his team have shown procurement’s worth to the business during one of its busiest ever periods. Unlike some people, my career in procurement started by pure luck. I wanted to move to London having studied in Birmingham and lived there for a few years, a friend worked at United Biscuits and had an opening in the procurement function

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Corporate Social Responsibility — Everything You Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. Corporate Social Responsibility — Everything You Should Know. Corporate social responsibility (CSR) is getting attention from a lot of businesses nowadays. But why? . This article will discuss to you what corporate social responsibility is.

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What E-Commerce Is Teaching Us About Returns

Supply Chain Brain

Itamar Zur, co-founder and CEO of next-generation shipping platform Veho, wants e-tailers to fundamentally reframe how they think about the returns side of the business.

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Supply Chain Weekly Wrap-Up 11/11/2022-11/18/2022

All Things Supply Chain

Ukraine says Grain Deal will be Extended Following a United Nations brokered deal, to allow exports of Ukrainian grain from the Black Sea, is set to be extended by a…

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Raqmiyat Partners with Ivalua to Digitalize the Procurement Function of Organizations in the UAE & KSA

ivalua

UAE-based System Integrator and Digital Enabler will be a partner for Ivalua’s eProcurement solution in the United Arab Emirates and Saudi Arabia. Dubai, UAE, 15 November 2022. Raqmiyat , a leading system integrator and digital enabler, is pleased to announce the partnership with Ivalua , a global leader in spend management. This partnership is to enable the eProcurement digitalization of an increasing number of organizations in the Middle East, whose digitalization efforts continue to be largel

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Futureheads: Sebastian Ambaye

Procurement Heads

Sebastian is Procurement and Supply Chain Manager at leading management consultancy Baringa and for Procurement Heads ‘ first Futureheads profile he spoke with James Dobbin , Director and Head of Practice for our Financial & Professional Services offering, about how his procurement journey began. You were recently recognised in the CIPS Excellence in Procurement Awards for 2022, what was it like to be named as a Young Talent for these prestigious awards?

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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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Corporate Social Responsibility in Procurement — Everything a Procurement Professional Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. Corporate Social Responsibility in Procurement — Everything a Procurement Professional Should Know. Corporate social responsibility (CSR) is adopted by many businesses. However, what is its impact on procurement? . In this article, we will discuss what corporate social responsibility and sustainable procurement are.

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Prepare your Business Against Synthetic Identity Theft

SCMDOJO

Synthetic identity theft is one of the fastest-growing types of identity fraud. Thanks to its complex, hybrid nature, it has resulted in significant losses for businesses and their brands. A report from the US Federal Reserve estimated the cost of synthetic identity fraud to have been over $6 billion. The same research found synthetic identity fraud to account for 20% of all credit card losses.

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The Battery Supply Chain Is Finally Coming to America

Supply Chain Brain

Redwood Materials Inc., the battery recycling company, has reached a deal to supply Panasonic with billions of dollars in critical battery components that will be produced in the U.S. for the first time. .

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Supply Chain Weekly Wrap-Up 11/18/2022-11/24/2022

All Things Supply Chain

China-Russia rail bridge is finally open The first rail bridge connecting Russia and China is finally up running.

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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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The CHIPS and Science Act of 2022: What It Means for the Future of Manufacturing

ivalua

US Government Passes the CHIPS Act to Increase Semiconductor Manufacturing and Research. On August 9th, 2022 the US CHIPS and Science Act, now more commonly known as the CHIPS Act, was passed into law. The CHIPS Act was created in response to pandemic-induced shortages of semiconductors and other critical manufacturing supplies, causing widespread disruption to supply chains across the country. .

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The Big Interview with Emma Giles

Procurement Heads

Could you tell us a bit about yourself, your background and how you got into procurement? I’m a proud Mauritian, living in Poole, Dorset since 2009, where I met my husband while studying at the Open University and working at my local hospital as a healthcare assistant. My husband and I welcomed our most perfect little girl among the chaos of Covid in 2020 and we are currently preparing to be bossed around by a second little human, due imminently!

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Sustainable Manufacturing — Everything You Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. Sustainable Manufacturing — Everything You Should Know. Sustainable manufacturing is gaining popularity as a growing number of manufacturers are realizing its substantial financial and environmental benefits. However, what is sustainable manufacturing?

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The Role of IT in Supply Chain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Thoughts on Future Challenges and the Strategic Direction of Supply Chain! Supply chain management is an important aspect of every business because it ensures your business gets the supplies, resources, and materials it needs to fulfill services or deliver products to customers. However, the modern supply chain has become increasingly complex and challenging to manage.

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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.

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The New Supply Chain Mindset: From Just-in-Time to Just-In Case

Supply Chain Brain

The new generation of consumers is changing demand patterns, making them more unpredictable than ever before.Succeeding under these conditions begins with three simple changes.

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What should ocean shippers expect this peak season? Experts weigh in.

Supply Chain Dive

Four maritime shipping observers share their thoughts on what’s changing in the logistics environment as demand and inventory trends shift.

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What is supply chain sustainability?

IBM Supply Chain Blog

When your sourcing team chooses what to buy and who to buy from, are you selecting vendors who share the same social values as your brand? When your manufacturing plants produce goods, are you minimizing waste and effectively using finite resources? When fulfilling orders for customers, do you know how your packaging and shipping decisions impact the environment?

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How to conduct a good procurement interview process

Procurement Heads

“The interview process will be really straightforward. “It will just be a simple 15-stage virtual interview followed by a quick six-stage face-to-face with three short presentations to our Founder’s cat to round it all off.” A poorly planned interview process hugely impacts an organisation’s ability to successfully hire talent. And with a continuation of the tight procurement talent market, what can hiring managers do to ensure they are in control?

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The Evolution of Control Towers to Command Centers

Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.

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[Pod] The Great Procurement Talent Reshuffling w/ Joe Payne and Jennifer Ulrich

Art of Procurement

“The stigma associated with outsourcing is from bad experiences. I think so many people have hired an outside firm with. The post [Pod] The Great Procurement Talent Reshuffling w/ Joe Payne and Jennifer Ulrich appeared first on Art of Procurement.

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How Supply Chain Can Accelerate Time to Market!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. From Click to Ship in 4 Minutes! Ultimate Principles for World Class Fulfillment! Rapid or slow, or even delayed, time to market makes the difference between success or failure of your new products and/or services, and in turn your company. There are many factors that impact time to market either positively or negatively.

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Supply Chain Issues Top of Mind for Retailers this Holiday Season

Supply Chain Brain

Nearly all retailers (98%) surveyed said they expect supply chain disruptions to continue during the 2022 holiday season, while 88% predicted they will worsen.

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Adding awareness and intelligence to the supply chain

Supply Chain Dive

The need for an efficient supply chain has never been greater as witnessed by the massive issues experienced during the pandemic. How do you achieve this level of real-time monitoring, highly accurate awareness, and intelligence?

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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Unlock Retail Growth This Quarter with Multi-Carrier Tech from Shipium

Let's Talk Supply Chain

Customers want their items fast, free, and on-time. It’s your job as a retail logistics operator to put their needs and desires first and use the best carrier for the job, not just the one you are locked into. I learned the value of this lesson in the early 2000’s when helping Amazon switch from solo dependency on UPS to a multi-carrier mix to drive shipping speed and cost improvements.

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How to have A Successful Impact In A New Procurement Role

Procurement Heads

You will have to adapt to new systems, and processes and chances are you will have a culture shock. Having a flexible attitude and being able to demonstrate a desire to be a part of the business’s success will be beneficial to make that positive start. Everyone has a 90-day plan and often you will find it goes out the window. All your well-made plans will be changed as you imbed yourself into the company projects and requirements so it is good to keep the following in mind – Comprehe

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UPS and Fedex Raise Rates

Procurement Bulletin

UPS and Fedex Raise Rates. Despite evidence of slowing shipping demand, UPS and Fedex announced they will raise rates by about 6.9%. That doesn’t include other potential additional increases in shipping costs. Seems like another gut-punch to shippers. Saffron Made in Texas. Iran is the world’s largest producer of Saffron, one of the world’s most expensive spice.

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5 Reasons for Manufacturing Production Delays!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Manufacturing Toolbox for Next Level Productivity. Manufacturing production delays can be devastating for the core business and others that rely on the manufactured products for their own processes. A delay in one manufacturing plant can have ripple effects across a whole supply chain, which is why it is so important to prevent these delays.

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The Ultimate Guide to Transportation and Load Building Optimization

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.