November, 2024

article thumbnail

The Challenge of Plastic Waste: A Global Crisis

All Things Supply Chain

For decades, plastic recycling has been riddled with complexities. Many plastic containers, especially those composed of multi-layered films, have traditionally been deemed unrecyclable.

article thumbnail

Here’s a comprehensive list of the top 100 skills that a Procurement Manager should master

Procurement Templates

Core Procurement Skil ls Strategic sourcing Supplier relationship management Contract negotiation Vendor evaluation and selection Cost analysis and reduction Procurement planning Inventory management Spend analysis Risk management in procurement Market research Financial Acumen Budget management Total cost of ownership analysis Financial forecasting Return on investment (ROI) analysis Payment terms optimization Financial risk assessment Cost-benefit analysis Lifecycle costing Procurement financi

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Remote work in Procurement

ABC of Procurement

We live in an era of Remote work. However, I rarely find remote procurement teams. Is there a real reason for it? The post Remote work in Procurement first appeared on ABC of Procurement.

article thumbnail

Avoiding the AInxiety trap

Procurement Leaders

It’s amazing how revitalising a few days in the company of a group of procurement leaders can be. Guaranteed to recharge the inspiration batteries, face-to-face time with members is what’s best about being in this role. And being in Singapore for the Asia Pacific Procurement Congress last week left me in no doubt that the region continues to be a powerhouse of energy, innovation, creativity and growth.

article thumbnail

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.

article thumbnail

Consolidating the USPS Final Mile

Art of Procurement

Maybe it is because I grew up watching Mr. Rogers Neighborhood, but there is something about the United States Postal. The post Consolidating the USPS Final Mile appeared first on Art of Procurement.

article thumbnail

Pitney Bowes cuts 2,300 jobs in continued cost-savings push

Supply Chain Dive

The company is planning further workforce reductions that it aims to complete next year.

138
138

More Trending

article thumbnail

China’s Chancay Megaport in Peru Opens

Supply Chain Brain

The China-backed megaport has the potential to create whole new trade routes that will bypass North America entirely.

131
131
article thumbnail

MIT MicroMasters Program In Supply Chain VS SCMDOJO

SCMDOJO

Supply chain management has grown tremendously in recent economic times. It has evolved dramatically and has significantly impacted various experts and their professional experiences. However, the question arises: Which platform can provide the best supply chain courses? There’s tough competition between the MIT MicroMasters Program in Supply Chain and SCMDOJO.

article thumbnail

A formula for success

Procurement Leaders

A couple of weeks ago, I hosted a call for Procurement Leaders’ CPO community during which the CPO of a major healthcare organisation shared his function’s transformation journey, the lessons learned and its impact. One of the keys to the success of the transformation was that it had a clear purpose and was fully aligned with the organisation’s need to pivot following the impact of Covid, and subsequent earnings and share price underperformance.

article thumbnail

Liverwurst, Listeria, and Liability: Food Safety at Boar’s Head

Art of Procurement

In July of 2024, the USDA suspended production at a Boar’s Head meat processing plant in Jarratt, Virginia and the. The post Liverwurst, Listeria, and Liability: Food Safety at Boar’s Head appeared first on Art of Procurement.

article thumbnail

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.

article thumbnail

Amazon’s inbound fulfillment process is getting a makeover

Supply Chain Dive

CEO Andy Jassy said initial efforts to improve inventory placement are bearing fruit while more investments are underway.

Inventory 136
article thumbnail

AI’s Role in Construction and the Supply Chain

All Things Supply Chain

AI technology continues to take the world by storm with its innovative tools and revolutionary systems. Industries around the globe are reaping the benefits, including the construction supply chain.

article thumbnail

Harnessing Artificial Intelligence for Sustainable Supply Chains

Supply Chain Brain

Artificial intelligence is offering new and better ways of making supply chains more sustainable, by improving efficiency, enhancing decision-making, and increasing transparency in operations.

article thumbnail

SpendHQ: Vendor Analysis (Part 1) — Spend analytics solution overview, company background, platform and services overview, modules and application overview, roadmap and vision

Spend Matters

In this Spend Matters Vendor Analysis we provide an overview of SpendHQ and its solution for spend analytics and procurement performance management. Part 1 of this vendor analysis provides a detailed overview of each module and includes an analyst summary. In part 2 of this series, we will provide more details on the strengths and opportunities of the solution, review the competitive landscape and provide selection considerations.

article thumbnail

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

article thumbnail

Take time to think differently and challenge your norms

Procurement Leaders

Last week, Procurement Leaders released the CPO Compass 2025 – a unique piece of thought leadership that aims to challenge the assumptions that underpin leaders’ long-term planning. It’s a chance to step back and reflect; to look at the world differently. This year we’ve explored three key topics that CPOs will have to navigate over the coming years: navigating the world’s accelerating “geoeconomic fragmentation” as trading blocs become increasingly common; understanding the balance and interp

article thumbnail

Walking a Mile in Another Supply Chain’s Shoes

Art of Procurement

“The reason I like listening is I think, ‘If I’d have been CPO there or in other organizations, what would. The post Walking a Mile in Another Supply Chain’s Shoes appeared first on Art of Procurement.

Supply 126
article thumbnail

Ports prioritize cargo handling equipment with EPA funding

Supply Chain Dive

The federal agency will dole out $3 billion to support emissions reduction goals at 55 ports.

130
130
article thumbnail

New Supplier Relationship Management Certificate  

All Things Supply Chain

The Association for Supply Chain Management (ASCM) has launched a new supplier Relationship Management certificate designed to help supply chain professionalsbuild strong supplier relationships.

article thumbnail

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.

article thumbnail

The Changing Role of the CTO at the Executive Table

Supply Chain Brain

The role of chief technology officer has evolved significantly over the years, as businesses have come to rely more heavily on technological innovation for their very survival.

article thumbnail

Reducing Obsolete Inventory: A Practical Guide

SCMDOJO

Excessive and obsolete inventory can cause a business to fail. This is a significant and vital issue. One needs to mitigate these challenges and learn how to optimize inventory. Healthy inventory optimization management can help a company flourish like a wealthy field. That is why optimizing inventory and reducing obsolescence is a necessity. Let’s explore how certain principles can be applied to optimize inventory management: Inventory Management Systems We have a different perspective o

article thumbnail

CPO Compass 2025

Procurement Leaders

Procurement Leaders provides independent strategic research, category intelligence and access to a unique global community aimed at uncovering innovations and driving value.

article thumbnail

The Power of Visualization in Freight Optimization and Resilience

Art of Procurement

Anyone who spends their day working with data will tell you that data alone is never enough. It needs to. The post The Power of Visualization in Freight Optimization and Resilience appeared first on Art of Procurement.

article thumbnail

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?

article thumbnail

How shippers can navigate West Coast rail congestion

Supply Chain Dive

Spiking port volumes have increased dwell times, causing some companies to consider alternative transport options.

article thumbnail

Tariffs, Trade, and Transition: The US Election’s Potential

All Things Supply Chain

Tomorrow marks the 2024 U.S. presidential election, a pivotal event with significant implications for supply chains.

article thumbnail

Three Steps Manufacturers Need to Take Before Investing in AI

Supply Chain Brain

When used diligently, AI-driven product recommendations and content can also indirectly boost sales by enhancing customer engagement, satisfaction and brand relevance.

124
124
article thumbnail

‘Return on Relationships’ – the ROI of building supplier relationships and how to measure it

Spend Matters

The annual State of Flux global supplier relationship (SRM) management study made its appearance in London last week at the 2024 Supplier Management Summit in its 16th rendition, this time themed ‘Return on Relationships (RoR). The report once again delivers data-backed findings of the state of SRM across the globe and gives best practice models, guidance and suggestions stemming from those findings.

article thumbnail

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

article thumbnail

Rethinking Supply Chain Management

The Network Effect

The post Rethinking Supply Chain Management appeared first on The Network Effect.

article thumbnail

The Best Websites To Learn Supply Chain

SCMDOJO

Ready to unlock the secrets of the supply chain? These websites offer a treasure trove of knowledge to elevate your skills and drive business success. We have compiled this information after careful and in-depth research. Before we deep dive into the details of each website, look at the summarised value proposition table we have made for you: Which Platform to Choose?

article thumbnail

Canada’s western ports are on lockdown: What to know

Supply Chain Dive

Experts said shipments can be easily diverted to U.S. West Coast ports in the short term, but a lengthier stoppage could be costly.

129
129
article thumbnail

Key Challenges and Strategies for Retail Success

All Things Supply Chain

With the holidays shopping season approaching, Black Friday is becoming a pivotal event for retailers worldwide.

Strategy 147
article thumbnail

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