Navigating the Top 7 Direct Procurement Challenges
SCMR (Supply Chain Management Review)
OCTOBER 24, 2023
Join this webcast to discover unique strategies to overcome these procurement challenges.
October, 2023
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Webinar — The future five and the future of procurement
Spend Matters
OCTOBER 30, 2023
Tomorrow October 31, 11:00 a.m. EST, the Spend Matters analyst team will host a webinar ‘ Shaping the Future of Procurement : An Inside Look at the 10th Annual Spend Matters 50/50 Lists.’ Compiling these lists has been tricky, but now the team can treat all attendees with a glimpse of how the future of procurement is shaping up. A major focus will be on the methodology behind how the analysts determine which companies are worth watching and knowing.
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Trending Sources
Negotiating Lessons from Hollywood Labor
Art of Procurement
OCTOBER 19, 2023
Why did the Hollywood writers’ strike take so long to resolve and why is the screen actors’ guild still on. The post Negotiating Lessons from Hollywood Labor appeared first on Art of Procurement.
Cost Reduction Strategies in Sourcing and Procurement
Procurement Freelancers
OCTOBER 21, 2023
Are you tired of overspending on sourcing and procurement? Look no further! In this article,… The post Cost Reduction Strategies in Sourcing and Procurement first appeared on Procurement Blog | Procurement & Supply Chain News.
GEP Spend Category Outlook Report 2025
Advertiser: GEP
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.
The 10 Most Needed Positions in the Global Supply Chain Today
All Things Supply Chain
OCTOBER 30, 2023
The global supply chain is facing a labor shortage that has slowed down manufacturing and shipping times. As a result, prices continue to rise and economic stagnation has gotten worse.
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
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Amazon outlines push to ‘eliminate packaging altogether’
Supply Chain Dive
OCTOBER 23, 2023
As the company looks to remove added packaging from more orders in 2024, its packaging innovation director explains how Amazon identifies products fit to ship in their own packaging and works with vendors on redesigns.
The LEGO Sustainability Saga
Art of Procurement
OCTOBER 26, 2023
“We can’t say we inspire and develop the builders of tomorrow if we’re ruining the planet.” – Tim Guy Brooks, Head. The post The LEGO Sustainability Saga appeared first on Art of Procurement.
What is the Competitive Advantage of Your Business?
ProcurePort
OCTOBER 30, 2023
Competitive advantage is what sets your business apart from competitors and can take various forms, including cost leadership, differentiation, focus, innovation, and service excellence. Effective procurement practices play a vital role in gaining a competitive advantage by reducing costs, sourcing unique materials, focusing on niche markets, driving innovation, and building strong supplier relationships.
3 Quotes
Procurement Templates
OCTOBER 28, 2023
3 Quotes Procurement Process: Smart Strategies for Success In today’s fiercely competitive business landscape, refining every step is essential for a company to maintain its competitive edge. In procurement, acquiring goods and services at the right price is fundamental. This is where the Three Quote Procurement Process comes in. This article will break it down for you, explaining what it is and the best ways to make it work for you.
5 Ways You Can Win Faster with Gen AI in Sales
Advertiser: ZoomInfo
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.
How Intelligent Automation Can Enable Sustainability in Manufacturing
Supply Chain Brain
OCTOBER 16, 2023
Despite the many challenges involved, it’s becoming clear that brands who adapt to this new reality will be the ones that secure consumers’ loyalty.
Retailers Are Ready for Holiday Season
SCMR (Supply Chain Management Review)
OCTOBER 25, 2023
Most holiday inventory is already in place, says NRF’s Matthew Shay, as retailers continue to monitor consumer trends.
Supply chain conferences to watch in 2024
Supply Chain Dive
OCTOBER 13, 2023
Next year’s industry conferences range from procurement to container shipping, retail logistics and more.
Procurement 6 – October 20th, 2023
Art of Procurement
OCTOBER 19, 2023
Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – October 20th, 2023 appeared first on Art of Procurement.
From Reactive to Resilient: Charting Your Supply Chain Maturity
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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.
Why is Now the Time to Digitally Transform Procurement.
ProcurePort
OCTOBER 27, 2023
• Digital transformation in procurement is essential due to the availability of advanced tools, data-driven insights, and collaborative technologies that streamline processes, reduce costs, and enhance efficiency. • Organizations should follow a roadmap for digital transformation, assessing their current state, setting clear objectives, selecting the right tools, educating and training their workforce, measuring progress, and […] The post Why is Now the Time to Digitally Transform Procurem
The toothpaste box – short stories
ABC of Procurement
OCTOBER 10, 2023
A great real story on how some problems can be resolved just by thinking differently The post The toothpaste box – short stories first appeared on ABC of Procurement.
How Will 2023’s Peak Season Compare to Others?
Supply Chain Brain
OCTOBER 16, 2023
If businesses fail to get rid of their supplies, they won’t be able to survive, because they will be forced to refinance all their debt at higher interest rates.
SAP’s Empowering Women in Supply Chain Seeks to Elevate a New Generation of Leaders
SCMR (Supply Chain Management Review)
OCTOBER 26, 2023
While the percentage of women in supply chain jobs continues to grow, there remains a retention problem once they reach middle-management level positions. Darcy MacClaren of SAP is trying to change that.
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?
Ground parcel delivery costs fall as carriers offer up discounts
Supply Chain Dive
OCTOBER 31, 2023
The pricing environment has shifted in favor of shippers with demand cooling off, according to the TD Cowen/AFS Freight Index.
Jonathan O’Brien delivering Keynote Speech at Supply Chain Summit by SILF
Positive Purchasing
OCTOBER 20, 2023
Putting Sustainable Procurement in the Spotlight Our CEO, Jonathan O’Brien, will be delivering a keynote speech on the topic of ‘Making Sustainable Procurement Happen’ at the Supply Chain Summit by SILF on 9 November in Stockholm, Sweden. The need to drive sustainability deep into everything an organization is and does is no longer in question, in fact our very future depends upon it.
A Vendor Management Guide for Procurement Leaders
ProcurePort
OCTOBER 25, 2023
• Vendor management is essential for cost efficiency, quality assurance, risk mitigation, and fostering innovation through collaborative relationships with suppliers. • Good vendor management strategies involve working together, measuring performance, building relationships, managing risks, integrating technology, and considering supplier diversity.
Mastering the art of Supplier Negotiation: Tips and Techniques
SCMDOJO
OCTOBER 27, 2023
Supplier negotiation is the most critical skill in the world of procurement. Effective supplier negotiations do not limit to the best price but a mutually beneficial agreement from both the parties that can have a profound impact on the company. It is a skill that needs a strategic approach and it is not something anyone can do. It requires an in-depth knowledge of procurement processes to be able to bring the supplier on a mutual agreement.
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
Innovative Supply Chain Strategies for Navigating International Expansion
Supply Chain Brain
OCTOBER 9, 2023
Following are some innovative supply chain strategies for propelling businesses toward success.
Advancing City Logistics and Sustainability with Urban Consolidation Centers
SCMR (Supply Chain Management Review)
OCTOBER 19, 2023
Public policy has begun to play a significant role in emboldening improvements in logistics practices in dense urban cities and carbon neutrality pledges signed by several cities around the world have emphasized the criticality of creating a future-forward urban supply chain network.
UPS leans on automation to boost throughput, handle repetitive tasks
Supply Chain Dive
OCTOBER 2, 2023
The improvements target challenging facility processes like unloading trailers, sorting small packages and moving irregularly sized shipments.
The new shape of business travel is here, so why are some still using rigid expense management systems?
Spend Matters
OCTOBER 10, 2023
Pre-pandemic, T&E spending represented a significant portion of a company’s discretionary budget. As business travel rebounds to pre-pandemic levels, finance leaders must leverage this window to reassess, re-evaluate, and re-imagine travel and expense management processes and strategies. Business travel isn’t going anywhere. Remote work will make sure of it A poll released by the GBTA earlier this year shows three in four travel managers expected their company to make more busine
The Evolution of Control Towers to Command Centers
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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.
Advantages of Opting for Procurement Services
ProcurePort
OCTOBER 20, 2023
• Opting for procurement services offers cost savings through improved negotiations, volume discounts, and strategic sourcing, along with significant time efficiency gains and streamlined processes. • Procurement services provide benefits such as improved supplier relationships, risk management, scalability, access to market intelligence, sustainability practices, and continual process improvement, allowing businesses to focus on their core […] The post Advantages of Opting for Procurement
SupplyChainBrain: Rutgers Business School to Host Arkestro’s Museum of Procurement
Arkestro
OCTOBER 19, 2023
The Museum will be located for a spell in Newark, N.J., in celebration of the procurement industry’s history and future.
Corporate Budgets Are Tightening. Where’s Supply Chain Spending Going Today?
Supply Chain Brain
OCTOBER 29, 2023
With near-term consumer demand uncertain, and high interest rates likely to continue for some time, corporate belts are tightening. So what are companies spending money on today?
The Astonishing Port of Laredo
SCMR (Supply Chain Management Review)
OCTOBER 27, 2023
The expected continued growth in cross-border commerce with Mexico is likely to attract new investment all along the border. The nearshoring activity to Mexico and reshoring to the U.S. will continue for years to come.
GEP Outlook Report 2025
Advertiser: GEP
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
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