January, 2023

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Strategic sourcing manager: Procurement role on the rise

RPF360

Strategic sourcing managers focus on maximizing the value of vendor relationships. It's a specialized skill and a rewarding path. Enabled by RFP software systems and other procurement technology, the growth potential in this role is compelling. Explore everything you need to know here. The post Strategic sourcing manager: Procurement role on the rise appeared first on RFP360.

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The Shift Towards Sustainability While maintaining high Profitability

Procurement Tactics

33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. The Shift Towards Sustainability While maintaining high Profitability. The shift towards sustainability is gaining popularity. However, many are still doubtful about the benefits it may give, especially since shifting towards it entails a huge investment.

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Why using a procurement recruitment agency can help with a company’s hiring plans

Procurement Heads

As specialists in finding and placing top procurement and supply chain talent, we have the expertise and resources to identify the best candidates and help them to make the right hiring decisions. In this blog, we’ll explore why using a procurement recruitment agency like Procurement Heads can prove hugely beneficial to a company’s hiring process. The Benefits of Working with a Specialist Procurement Recruitment Agency Access to a Wide Network of Candidates With more than a decade in business, w

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What does the German Supply Chain Act Mean for Procurement?

ivalua

What Lieferkettengesetz Means for Procurement? By Jan-Hendrik Sohn. The German Supply Chain Act, or Lieferkettengesetz, is a new piece of legislation that came into effect January 2023 with an extended remit from January 1, 2024. The act was established to address issues of sustainability and ethical conduct in global supply chains, and has significant implications for companies and procurement organizations operating in Germany.

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From Rigid To Resilient: Why Enterprises Need Shopify's Modular Commerce Now

Speaker: Benjamin Woll

Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Shopify’s modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how Shopify’s composable approach helps modernize commerce stacks while maintaining control over critical systems.

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How to Address Counterfeit Parts in the Supply Chain

All Things Supply Chain

Consumers and businesses alike buy millions of counterfeit products every year, worth billions of dollars.

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Managing risks, priorities and talent: Nestlé’s approach to the polycrisis

Procurement Leaders

As a former farmer with some 10 years’ experience, Nestlé CPO Patricia Stroup is all too aware of the threats that can impact Nestlé. “I grew up on a farm and I had a farm for 10 years as my first job out of college. My after-school job during high school was milking cows,” she says. “Geopolitical crises, supply chain disruption, inflation – all of those, of course, are a problem.

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Mediation vs Negotiation — 5 Key Differences

Procurement Tactics

33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. Mediation vs Negotiation — 5 Key Differences. Mediation and negotiation are both used as alternative dispute resolution techniques based on give and take to resolve disputes. However, how would you know if you are using negotiation or mediation?

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The Big Interview with Rebecca Howard

Procurement Heads

For Procurement Heads ‘ latest Big Interview, Rebecca spoke to Will Cooke about her career, SRM and sustainable procurement. How did you get into procurement? I got into procurement through a graduate procurement programme at British Airways in 1997. Even at that point blue chip corporations recognised the value of procurement and understood that when you’ve got substantial third-party spend, it’s important to use strategic sourcing approaches.

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A More Reliable Path to Net Zero: Ivalua’s Latest Innovation Helps Reduce the Environmental Impact of Supply Chains

ivalua

Ivalua’s new Environmental Impact Center empowers Procurement and Supply Chain teams with reliable and actionable insight to reduce Scope 3 Greenhouse Gas (GHG) emissions. EIC’s Unique Capabilities: Ensure transparent carbon emissions baseline based on reliable emissions data Identify and prioritize emissions reduction opportunities Monitor and manage emissions at the product level Redwood City, CA – 31 January, 2023 – Ivalua , a global leader in Cloud Spend Management Solutions , announced the

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All Things Supply Chain- Top 5 Supply Chain Trends For 2023

All Things Supply Chain

Looking back at the trials and tribulations that faced the supply chain in 2022, the biggest obstacle proved to be operating in a world changed by the global pandemic.

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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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Tim Snow on managing risks in a polycrisis: ‘We go as deep as Tier-7’

Procurement Leaders

It has long been said that procurement has a unique 360-degree view of the value chain and that is especially true of Tim Snow, CPO and VP of procurement, commercial contracts and insurance at satellite service provider Inmarsat. As the individual in charge of money coming in and money flowing out, it’s only natural that Snow has set his team up in a way that differs vastly from many traditional procurement functions. “Procurement is structured based on the stakeholders we work with,

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Procurement as a profit center

ABC of Procurement

Can, and under what circumstances, procurement can be considered a profit centre? Is it, actually, our job to make money for the company? The post Procurement as a profit center first appeared on ABC of Procurement.

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Sustainable Procurement Analysis — The Ultimate Guide

Procurement Tactics

33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. Sustainable Procurement Analysis — The Ultimate Guide. Procurement analysis is used to collect and analyze data for businesses to gain insights and make informed decisions. However, what is it when it comes to sustainability? In this article, we will discuss what sustainable procurement analysis is.

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Three Key Lessons from a True Procurement Ironman

Art of Procurement

In this week’s podcast, Philip Ideson interviews Vytas Sliesoraitis, a procurement leader turned Ironman competitor. Click here to listen. Vytas. The post Three Key Lessons from a True Procurement Ironman appeared first on Art of Procurement.

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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 98: Turning Ethos Into Action with Ian Arthurs

Una

EPISODE 98. Turning Ethos Into Action with Ian Arthurs. By Kelly Barner | January 18, 2023. It is one thing to talk about the importance of preserving the environment, and it is another to take meaningful and measurable action to drive change. Corporate sustainability programs are often started in response to consumer demand, but in order to be successful long term, they need backing from innovative, disruptive thinkers willing to blaze new trails. .

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COP27 attempts to Steer Shipping Industry to New Direction.

All Things Supply Chain

The most recent (COP27) was held in Sharm El-Sheikh, Egypt between Nov 6, 2022 – Nov 18, 2022.

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IBM’s Bob Murphy: ‘I would define procurement as the catalyst to get things done’

Procurement Leaders

Despite the external difficulties that swirl around his function, IBM CPO and chair of Procurement Leaders’ advisory board, Bob Murphy, remains calm and focused. This is something he, in part, ascribes to his exercise regimen. “I’m an avid golfer… but one of the things I do regularly, and it really helps me – especially in these times of turbulent change – is I practise yoga.

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Supply chains 2022: A year in pictures

Supply Chain Dive

Rising inflation, strike threats and slowing demand triggered a wave of business uncertainty following months of growth. Take a look back at 13 memorable moments.

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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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What Are the Benefits of Having a Transport Management System?

Procurement Tactics

Procurement success in 2023 with our Strategy Course Download Course Details →  Or receive our famous weekly newsletter What Are the Benefits of Having a Transport Management System? A transport management system is an innovative software used to make the transportation of goods and services throughout a company more efficient. By collecting data on routes, stock levels, drivers’ availability, vehicle tracking, and other pertinent information, a transport management system accurately fore

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Translating Digital Investments into Digital Outcomes

Art of Procurement

In this week’s episode of the Art of Procurement podcast, Philip Ideson and I took some time out to give. The post Translating Digital Investments into Digital Outcomes appeared first on Art of Procurement.

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Episode 97: No One Climbs Mount Everest Alone with Dylan McCabe

Una

EPISODE 97. No One Climbs Mount Everest Alone with Dylan McCabe. By Kelly Barner | January 11, 2023. When you are starting a new company, it is a challenge to convince customers that they should choose you over their alternatives. When you are also pioneering a completely new business model for your target market, that challenge increases substantially.

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Supply Chain Weekly Wrap-Up 12/30/2022-01/05/2023

All Things Supply Chain

Apple supplier Luxshare reportedly win contract to produce iPhones The share price of Luxshare Precision, a Chinese manufacturing company for Apple, has rose more than 3%, after reports of a…

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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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How climate change disrupts supply chains

Strategic Sourceror

Supply chain challenges have dominated international headlines, and much of the focus has been on the fallout from the COVID-19 pandemic and the lingering consequences of the public health crisis. However, climate change poses a more fundamental threat to global supply chains, as extreme weather events, sea-level rise, unpredictable weather patterns and new compliance regulations all conspire to restrict the ability of suppliers to move goods between markets.

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UPS projects handling up to 70M in returns from peak holiday season

Supply Chain Dive

The delivery giant could process 5 million more returns than it did a year ago.

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Supplier Integration — The Ultimate Guide of 2023

Procurement Tactics

33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. Supplier Integration — The Ultimate Guide of 2023. Supplier integration enables a robust supply chain process. However, not many people know how to collaborate with their suppliers. . For this article, we will discuss what supplier integration is.

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Applying Category Management to the Challenges of a New Age

Art of Procurement

In this week’s episode of the Art of Procurement podcast, Philip Ideson welcomed the first guest of 2023: Stephane Morel, The post Applying Category Management to the Challenges of a New Age appeared first on Art of Procurement.

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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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Measuring KPIs and KRIs for Comprehensive Supplier Performance Management

Supply Chain Brain

While every organization tracks key performance indicators (KPIs) on some level, this data is rarely correlated with key risk indicators (KRIs).

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Supply Chain Weekly Wrap-Up 01/06/2023-01/12/2023

All Things Supply Chain

In 2022 Walmart made over 6,000 drone deliveries Walmart announced they completed more than 6,000 drone deliveries in 2022.

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Episode 99: Leading Change Through Collective Courage with Daniel Oppong

Una

EPISODE 99 Leading Change Through Collective Courage with Daniel Oppong By Kelly Barner | January 25, 2023 Each person has a responsibility to make sure that all of their small choices add up to the total impact they want to have – on others and on the world. If we can make those choices in partnership with individuals and organizations that share our vision and values, that impact will be magnified significantly.

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Why shippers will add more FedEx and UPS competitors to their carrier mix in 2023

Supply Chain Dive

Interest in last mile alternatives is up. Experts say Amazon could take advantage by launching a competing service.

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever