September, 2022

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The Best Strategies for Ensuring On-Time Deliveries

All Things Supply Chain

Today’s consumer industry prioritizes efficiency more than anything else.

Strategy 264
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7 Purchasing Negotiation Strategies Every Buyer Should Use

ProcurePort

• In procurement, the balance of power can shift towards the suppliers for many reasons. First, suppliers can eliminate competition by applying a loss-leadership strategy that drives other companies out of business. • In other cases, demand far outweighs supply, making it hard for buyers to negotiate. Such circumstances make it important for procurement teams […].

Buyers 246
professionals

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Operational Procurement — Everything You Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. Or receive our famous weekly newsletter. Operational Procurement — Everything You Should Know. Operational procurement sustains every business to do its daily operation. But many people are not familiar with this term. . Do not worry if you do not know operational procurement as this article will help you understand it.

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The RFP process: The ultimate step-by-step guide

RPF360

While incredibly important, the RFP process is often complex and time-consuming. But with the right approach and resources, you can speed up the process and feel more confident managing RFPs. The post The RFP process: The ultimate step-by-step guide appeared first on RFP360.

Import 200
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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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Talent emerges as the key to unlocking procurement’s potential

Procurement Leaders

Speakers and panellists took to the stage at this year’s World Procurement Congress (WPC) in London accompanied by the thumping strains of the Rolling Stones’ ‘Paint It Black’ Given the events roiling the supply chain at the time, the rock’n roll veterans’ ‘You Can’t Always Get What You Want’ might have been a more appropriate soundtrack.

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Episode 81: How to Persuade Anyone, Anytime with Simon Horton

Una

Episode 81: How to Persuade Anyone, Anytime with Simon Horton. By Kelly Barner | September 7, 2022. The power of persuasion is at play all the time and in all settings. Sometimes it is as simple as swaying a group of friends to agree with your restaurant preference, but other times there is far more at stake. Hostage negotiators and diplomats regularly find themselves in situations where their skills are needed to save lives and preserve stability.

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How AI Technology Can Improve Inventory Management

Supply Chain Brain

There’s a pressing need to make inventory management more flexible, resilient and stable. Many companies are turning to artificial intelligence as a solution.

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World Sustainable Procurement Day — The Ultimate Guide

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. Or receive our famous weekly newsletter. World Sustainable Procurement Day — The Ultimate Guide. World Sustainable Procurement Pay is an important event that is attended by many procurement professionals all over the world. However, why is it significant for people who are in the procurement industry?

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HR technology: Everything you need to know for 2023

RPF360

HR technology empowers and enables teams to improve efficiency, The post HR technology: Everything you need to know for 2023 appeared first on RFP360.

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[Pod] Procurement 6 – September 02, 2022

Art of Procurement

Procurement 6 is a new short podcast from Art of Procurement that will be published in the Art of Procurement. The post [Pod] Procurement 6 – September 02, 2022 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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Automakers race to build EV battery supply chains in North America

Supply Chain Dive

Auto companies are pouring billions of dollars into new facilities and supplier agreements as they strain to secure needed raw materials.

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The Procurement Management Process: Managing the Bottom Line

ProcurePort

• Procurement is the business of sourcing goods and services from vendors. Depending on the size of the organization and the unique needs of the business, procurement can be quite complex. • And, a complex operation that takes money out of the company is one that requires a truly efficient management process if costs are […]. The post The Procurement Management Process: Managing the Bottom Line appeared first on ProcurePort Blog.

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Watch: AI Has a Role to Play in Global Sustainability

Supply Chain Brain

Artificial intelligence has an important role to play in promoting sustainability across the supply chain, says Erin Halka, senior director with Blue Yonder.

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Sustainable Procurement Requirements — The Ultimate Guide?

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. Or receive our famous weekly newsletter. Sustainable Procurement Requirements — The Ultimate Guide. Sustainable procurement requirements are closely tied to the company’s culture and policies. But what are the requirements to attain sustainable procurement?

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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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Procurement vs. purchasing vs. sourcing differences

RPF360

When you’re buying for your business, what do you call it? It seems like an easy question, but there are a lot of terms that refer to this process. On the surface, they all seem to mean the same thing. Some call it procurement. Others say purchasing. And, still others call it sourcing. Knowing [.]. The post Procurement vs. purchasing vs. sourcing differences appeared first on RFP360.

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Poor Hiring Processes Cause 75% of Gen Z to Abandon Promising Job Applications

Procurement Heads

With employers struggling to fill soaring job vacancies, and Gen Z employees forecast to comprise 27% of the global labour force by 2025, the findings are both timely and significant. The most common reason cited for giving up on a potential job application was receiving a better opportunity while waiting for the other hiring process to finish (31%).

Risk 130
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Safety issues incubate disaster in food and beverage supply chains

Supply Chain Dive

An Abbott formula recall and a Family Dollar rodent infestation underscore how systematic failures can compromise safety.

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What is a Contract Management Solution

ProcurePort

• Contracts are an indispensable part of any enterprise. Every dollar entering and leaving an organization must be predicated on a contract. That is why contract management processes are critical for any operation. • Procurement processes are complex, sequential, repetitive activities requiring constant tracking and monitoring. Contract management helps ensure that contracts with vendors or […].

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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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Podcast | Five Steps to Building a Resilient Supply Chain

Supply Chain Brain

So you’ve locked in your supply chain plan and network design? Good luck with that. In today’s global supply chains, unpredictability has become — well, predictable.

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Sustainable Supply Chain — The Ultimate Guide

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. Or receive our famous weekly newsletter. Sustainable Supply Chain — The Ultimate Guide. The sustainable supply chain is adopted by many companies due to the increasing pressure to demonstrate greater environmental and social responsibility. However, how can companies demonstrate tier responsibility through the supply chain?

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How to forecast market trends using procurement data

RPF360

This guest post, exploring how to leverage procurement data, was written and contributed by technology expert Jenn Fulmer of TechnologyAdvice. Over the last few years, supply chains experienced major disruption due to global challenges and fundamental market shifts. While no one could have predicted the specific circumstances and outcomes, we find ourselves now [.].

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Money isn’t enough in the race for talent, new report data shows

Procurement Heads

As businesses across the country face rising costs, new research from the CIPD and Omni warns that using pay to attract talent simply isn’t enough to tackle ongoing skills shortages. While an increasing number of organisations (54%) are inflating pay to retain talent, this approach is not sustainable for most employers in the face of rising costs. To tackle the skills shortage, organisations need to highlight other components of good working practices when recruiting, such as offering flexible w

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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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Railroads cut service in preparation for potential strike

Supply Chain Dive

Shippers are calling on Congress to intervene if railroads cannot reach an agreement with two of the largest unions by the end of the week.

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7 Key Trends of Strategic Sourcing

ProcurePort

• In today’s business environment, a strategic sourcing strategy is critical for optimal operations. Businesses need to formalize the manner in which they gather and use information that informs their procurement activities. • Strategic sourcing takes a long-term and proactive view of a company’s purchasing activities. It seeks to consolidate purchasing power, develop useful relationships […].

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Supply-Chain Tech Startup Noodle.ai Gets Fresh Corporate Backing

Supply Chain Brain

Logistics technology startups are getting attention, and financial backing, from some tech sector heavyweights.

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Sustainable Logistics — The Ultimate Guide

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. Or receive our famous weekly newsletter. Sustainable Logistics — The Ultimate Guide. Sustainable logistics is aimed by many organizations as it can achieve their corporate social responsibility and enhance their overall process. However, how can logistics achieve sustainability?

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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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Top 7 procurement skills for advancement and success

RPF360

As procurement teams become increasingly lean and strategic, how can practitioners develop deeper skills and understanding for the future? Explore how adopting modern procurement skills like data analysis, RFP automation, procurement negotiation and more translate into efficiency and effectiveness. The post Top 7 procurement skills for advancement and success appeared first on RFP360.

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APSCo welcomes IR35 repeal in Chancellor’s Budget

Procurement Heads

“The Chancellor’s Mini Budget promised to be one that drives growth for the UK and it’s clear that the Truss administration is powering ahead with an extraordinary range of changes to boost the economy. The planned repeal in April 2023 of the Off Payroll legislation is a welcome move. APSCo has long called for a review of the measures which have dramatically reduced the flexibility of the skilled independent labour market since they were introduced in 2017 and 2021.

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Bahlsen Selects Ivalua to Accelerate its Digital Transformation Roadmap

ivalua

Redwood, CA, 27th September 2022. Ivalua, a global leader in spend management today announced that Bahlsen, a leading supplier of sweet bakery products, has selected Ivalua’s Source-to-Pay (S2P) solution to digitalize its procurement processes. Based in Hanover, Germany, Bahlsen is a traditional, successful, and modern family business. With its umbrella brands Bahlsen, Leibniz and PICK UP!

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Are we losing the battle for Lithium?

All Things Supply Chain

The European Green Deal – step forward with a dose of ambiguity Hardly any industry benefits so much from The European Green Deal as lithium mining and processing.

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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