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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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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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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12 Popular Procurement Trends in 2022 & How To Leverage Them

ProcurePort

Over the last 36 months, the world of procurement has faced challenges like no other. The COVID-19 pandemic and the geo-political instability in Eastern Europe have resulted in production disruptions and price distortions. There are important lessons to be learnt on resilience that will shape procurement trends in the immediate future. Most surveys of procurement […].

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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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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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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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What is a procurement manager? Role, responsibilities, challenges and resources

RPF360

What does it mean to be a procurement manager? This valuable role is growing in strategic importance for many businesses. Explore the procurement manager role, responsibilities and challenges. Then, learn even more with engaging professional networks and helpful career development resources. The post What is a procurement manager? Role, responsibilities, challenges and resources appeared first on RFP360.

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The lost truck – a Supply Chain story

ABC of Procurement

Here is a story I would like to share with you from my career. This one is on how I lost a truck full of goods. The post The lost truck – a Supply Chain story first appeared on ABC of Procurement.

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Supply Chain Weekly Wrap-Up 11/04/2022-11/10/2022

All Things Supply Chain

Amazon set to utilize fleet of over 1,000 Rivian EDVs to supplement the Christmas peak As part of Amazon’s commitment to The Climate Pledge, which was co-founded by them in…

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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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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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Investment committee guide: Duties, best practices and resources

RPF360

New to an investment committee? Start here to learn everything you need to know including key definitions, duties and best practices. In addition, you can explore helpful resources, examples and sample investment policy statements. The post Investment committee guide: Duties, best practices and resources appeared first on RFP360.

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The 2nd Generation of Innovation Management: A Survival Guide

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?

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Transforming the Supply Chain Industry With Gender Diversity

Supply Chain Brain

Overcoming significant gender gaps in the supply chain industry will be critical for business success and more agile supply chains.

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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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Ivalua Named a Leader in the Gartner® Magic Quadrant™ for Procure-to-Pay Suites for 4th Consecutive Year

ivalua

Redwood City, CA – November 30, 2022 – Ivalua, a global leader in spend management, today announced that it has been named a Leader in the 2022 Gartner “ Magic Quadrant for Procure-to-Pay Suites ” for the 4th consecutive year. The Gartner report evaluated procure-to-pay (P2P) solutions from 16 different software vendors across a broad set of criteria, placing Ivalua in the Leaders Quadrant based on its ability to execute and completeness of vision.

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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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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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What Government Contractors Should Know About the 2022 Recession

Procurement Tactics

33 Procurement Interview Questions in 2022. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. What Government Contractors Should Know About the 2022 Recession. Decreases in U.S. gross domestic product (GDP) have spurred forecasts for a recession in 2022. However, the country won’t officially be in a recession unless it’s announced by economists in the Business Cycle Dating Committee. .

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RFP360 named a Value and Customer Leader – Spend Matters Fall 2022

RPF360

Spend Matters has recognized RFP360 as a strategic sourcing value leader in their Spring 2022 SolutionMap evaluation. The RFP management system features RFP automation, RFP process workflows and more making it a powerful request for proposal tool. Read more about the evaluation and results in this press release. The post RFP360 named a Value and Customer Leader – Spend Matters Fall 2022 appeared first on RFP360.

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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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7 Procurement Cost Reduction Ideas

Procurement Templates

Renegotiate existing agreements – are you using agreements to its full effect, if you are not using them or they no longer serve a purpose terminate them. Monitor cost, use an invoice checking company to look for errors where money can be re-claimed. Is the specification over engineered, do you need a rolls royce compared to a mini, are things sufficiently clear to avoid scope creep.

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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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The Top CPO Metrics Used to Measure Inflation, Risk, and Uncertainty

ivalua

In recent years, the overall state of Procurement has been bolstered by increased proficiency, expanding engagement, and a growing direct impact on operations. However, the path to success is never easy. With inflation rising, CFOs must tighten their belts. And they’re not the only ones—other department heads are also increasingly budget-conscious, creating a new opportunity to partner with procurement for better budget management.

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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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Responsible Sourcing — Everything You Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. Responsible Sourcing — Everything You Should Know. Responsible sourcing requires a shift from the traditional way companies source their needs. However, what is responsible sourcing? This article will discuss what responsible sourcing is.

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5 Ways to Boost Productivity!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How Increased Engagement Can Boost Employee Productivity! Are you looking to boost productivity? Boosting productivity is something that every business owner will want to achieve, as this can take a business to new heights, but it is easier said than done. Productivity levels will always rise and fall, so it is important to know how to prevent dips in productivity and how to bring levels high again when there is a dip.

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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