August, 2022

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Managing Returns: 5 Factors to Review Before Implementing Your Returns Strategy

All Things Supply Chain

Your eCommerce returns policy is critical to convincing consumers to click the Buy button.

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Five reasons to consider a public sector procurement career

Procurement Heads

1. The people. In my experience and having spoken with many procurement professionals from all areas of the public sector, they are some of the loveliest people you’ll meet. Everyone is passionate about the work they do, and the environment fosters a sense of support and collaboration rather than competition. 2. Progression. Most public sector organisations have defined roles and bandings with clear succession plans and opportunities for progression.

professionals

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Sustainability in Procurement: Strategies and Challenges

ivalua

Originally published in the 2022 ProcureCon Report “Transforming Procurement: Embracing Digital Innovation and Driving Sustainability” Ethical business practices and sustainability initiatives are forcing organizations to not only stand up, but to also set themselves apart from the competition by implementing ESG and CSR commitments. Sustainable and socially responsible procurement practices that cover the full spectrum can provide end-to-end visibility that facilitates monitoring an

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Procurement Speakers 2022 – 10 Most Popular Experts

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. Procurement Speakers 2022 – 10 Most Popular Experts. Procurement speakers share their knowledge to inspire people in procurement that they are making a difference in the world. However, not all in the field of procurement are updated as they are more focused on their work. .

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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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Vendor onboarding: Process guide, checklist and tips

RPF360

Vendor onboarding is an essential element of successful supplier relationship management. Explore this topic as well as how RFP management software automates and centralizes the vendor onboarding process. The post Vendor onboarding: Process guide, checklist and tips appeared first on RFP360.

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What is a technical and financial bid?

ABC of Procurement

We have all heard about the terms:” tender”, “bid”, and “bidding”. Here is a short overview of the complete process. The post What is a technical and financial bid? first appeared on ABC of Procurement.

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Why Master Data Management Is the Crux of Supply Chain Resilience

Supply Chain Brain

To help safeguard their supply chains against future unpredictable events, organizations can implement a master data management (MDM) strategy as a foundation for strong risk mitigation during times of crisis.

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How To Grow Your Textiles Manufacturing Company (With Digital Marketing Examples)

The Thomas Blog

It’s an active period of growth for some textile manufacturers, especially in the U.S. The pandemic, trade agreements, and changes in the economy have impacted the industry as a whole, but it's still on target for billion dollar growth in the years ahead. Suffice to say, there's opportunity in this sector of manufacturing, and if you're looking to increase orders—of if you already have a five-year plan to double your business and expand your facility—here are ways textiles manufacturers can get

Buyers 144
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Plan for inland port in the middle of California’s Mojave Desert gains traction

Supply Chain Dive

Local officials signed off on a proposal that developers say could help relieve congestion at the ports of Los Angeles and Long Beach.

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Procurement KPIs: How to quantify value and measure success

RPF360

How do you measure the success of your procurement team? By establishing key performance indicators. Procurement KPIs quantify, capture and report the efficiency and effectiveness of the department. Explore cost, operational, supplier and individual KPIs. The post Procurement KPIs: How to quantify value and measure success appeared first on RFP360.

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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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E-Invoicing — Everything You Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. E-Invoicing — Everything You Should Know. E-invoicing changes the way payments and billings in procurement are done. It has been around for a long time and now it gets the spotlight that it deserves. However, we are sure that not all of you know about this.

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Is the supply chain talent market swinging back in favor of the employer?

All Things Supply Chain

Starting in 2020, the supply chain world was disrupted in ways previously unheard of. A pandemic shut down everything.

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Watch: Machine Learning for Risk Analytics

Supply Chain Brain

With multiple layers of suppliers, artificial intelligence and big data can help companies get clean and useful information, says Jim Hayden, chief data scientist at Everstream Analytics.

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What Is Industrial Marketing? (With Examples)

The Thomas Blog

Today, marketing without a business plan in place is nearly impossible if you want to drive results—and it's even more true in the manufacturing sector. You need to align your strategy of bringing in new clients with how you're planning to expand into new markets, work at capacity, and expand your company. Industrial marketing can help you create a competitive strategy and drive financial success.

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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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Analytics in Procurement: The Ultimate Guide in 2022

ProcurePort

• The use of data for decision-making has grown extensively over the last decade. Leaps in data use and data leverage are courtesy of new technological developments in spheres like cloud computing, big data, analytics, and automation platforms. • Procurement analytics simply relates to how organizations use big data in terms of procurement spend analytics […].

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RFP executive summary: Recap results and win buy-in

RPF360

An excellent executive summary can help your RFP quickly navigate the last steps of the procurement process. Explore the basics and best practices of RFP executive summaries. Then, use the RFP executive summary example and template to create your own. The post RFP executive summary: Recap results and win buy-in appeared first on RFP360.

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E-Procurement — Everything You Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. E-Procurement — Everything You Should Know. E-procurement has been adopted by many organizations as it simplifies the process of procurement. However, even if many people heard about it, many are still left wondering what it is. .

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Six Industries That Can Merge Circular Economic Practices With Supply Chain Management

All Things Supply Chain

As greenhouse gas emissions continue to stand as a major threat to the climate, the United Nations launched a Net Zero initiative.

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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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Stop Using Spreadsheets to Manage Your Global Supply Chain

Supply Chain Brain

Maintaining your organization’s dependence on collecting, tracking and sharing supply chain data with Excel is perhaps the biggest threat to agility, resilience, visibility and profitability.

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Carbon Neutrality by 2050: The Net Zero Journey

ivalua

As a Procurement Leader, carbon neutrality by 2050 should be a central focus and Dr. Natacha Tréhan’s comprehensive research offers practical tips to get you on track. First, let’s start with procurement and how it plays a significant role in reducing the carbon footprint with 3 key areas of impact: – Actions with suppliers. – Actions on the products and services purchased. – Actions on the way you buy. 1.

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6 Smart Goals Examples for Procurement

ProcurePort

• Every organization aims to use its purchasing power to maximize value from its procurement undertakings. However, procurement is a complex undertaking with so many variables that affect the outcome. • The business must remain alive to competitor actions, the regulatory environment, market price changes, and even the political environment. Internally, there are issues such […].

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How to issue an RFP for banking services with examples

RPF360

Discover tips, advice, and tools that will help you evaluate and select the perfect banking services for your organization. The post How to issue an RFP for banking services with examples appeared first on RFP360.

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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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E-Tendering — Everything You Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. E-Tendering — Everything You Should Know. E-tendering is used by many companies as it helps them to find the best suppliers for upcoming purchases at the right price. But, how is e-tender done by professionals? In this article, we will talk about e-tendering and how it works.

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The truck driver shortage is fueling supply chain chaos- What can be done to solve it?

All Things Supply Chain

In recent times, shortages of goods have caused widespread supply chain issues. Labor shortages have also been troublesome for production and the economy.

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Can Blockchain Cut Its Ties to Cryptocurrency?

Supply Chain Brain

Does blockchain truly hold promise for creating a more efficient supply chain, or will it be dragged down by the lead weight known as Bitcoin? .

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Public sector procurement professionals in high demand

Procurement Heads

The CIPD’s Labour Market Outlook for 2022 , which is based on a survey of 2,000 employers across all sectors, found that 53% of charities were trying to recruit for “hard-to-fill” roles. Only two areas are finding it harder than the charity sector, with another public sector space – education (56%) – topping the list of areas struggling to hire.

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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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How Anyone Can Lead a Successful Procurement Negotiation

ProcurePort

• In most industries, the power equilibrium has shifted from buyers to suppliers. A classic example is the railroad industry. In the 1900s, North America had 35 suppliers of cast railroads, and companies could choose among these. • A century later, no one has this essential comfort of suppliers because the number of suppliers has […]. The post How Anyone Can Lead a Successful Procurement Negotiation appeared first on ProcurePort Blog.

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O-I Glass selects Ivalua to streamline its Global Direct and Indirect Source-to-Pay Processes

ivalua

Redwood City, 17 August, 2022 – Ivalua, a global leader in spend management , today announced that O-I Glass Inc, an American Fortune 500 company headquartered in Perrysburg, Ohio, has selected its solution to streamline its Global Direct and Indirect Source-to-Pay (S2P) Processes. O-I Glass is one of the world’s leading producers of glass bottles and jars, operating 70 glass manufacturing plants in 19 countries with an annual revenue of $6.4B in 2021 and 24,000 employees.

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Negotiation Speaker 2022 – 10 Most Popular Experts

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. Negotiation Speaker 2022 – 10 Most Popular Experts. Many negotiation professionals attend seminars and conferences to be uplifted and learn new things in their profession through negotiation speakers. In this article, we will check some negotiation speakers that you can listen to and be inspired by their journey regarding negotiation. .

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Supply Chain Weekly Wrap-Up 07/29/2022-08/04/2022

All Things Supply Chain

U.S congress passes bill boosting the semiconductor industry The U.S.

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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