October, 2022

article thumbnail

The Big Interview with Jo Meehan

Procurement Heads

You have been described in the business press as one of the ‘UK’s most influential business academics’, where did this all start for you and how did you get into procurement? Like many people in procurement, I fell into it! I would like to think people now choose it as a career, but when I left school, I didn’t have a degree, I had done A Levels in art, English and history.

article thumbnail

Up Your Warehouse Productivity with These New Communication Trends

All Things Supply Chain

Every warehouse manager understands how important communication is to the daily activities of the institution.

Import 264
professionals

Sign Up for our Newsletter

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

article thumbnail

Russia Export Statistics 2022 — 18 Key Figures 

Procurement Tactics

Russia’s Export Statistics 2022 – 18 Key Figures. Russia’s export statistics are a very hot topic due to the ongoing conflict between Russia and Ukraine. This subject is very timely to know the situation of Russia’s export in times of war. . This article will guide you through the latest Russian export statistics available in 2022. We will discuss some topics that are crucial to the situation of Russia regarding its exports. .

Export 214
article thumbnail

Agile procurement vs. traditional procurement

RPF360

Many businesses have experienced supply chain disruptions recently. Find out if your organization needs to switch from Traditional to Agile procurement. The post Agile procurement vs. traditional procurement appeared first on RFP360.

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

Measuring the Right Supplier Performance Metrics

ProcurePort

• Quality and timely supplies lead to business process efficiency, increased accuracy, and improved productivity. Unfortunately, you cannot have quality and on-time supplies from your vendors without a well-defined, streamlined, and effective procurement and requisition strategy. • Selecting the best suppliers is the first step to getting quality, affordable, and timely deliveries.

Suppliers 182
article thumbnail

Sustainable procurement – setting up procedures

ABC of Procurement

Planning to Implement Sustainable procurement in your organization? Here is what I am doing. The post Sustainable procurement – setting up procedures first appeared on ABC of Procurement.

More Trending

article thumbnail

How Data Privacy Regulations Affect Your Supply Chain

All Things Supply Chain

Data privacy regulations are becoming increasingly important as businesses become more and more aware of the importance of data security.

Data 246
article thumbnail

Strategic Sourcing Manager — The Ultimate Guide

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. Strategic Sourcing Manager — The Ultimate Guide. A strategic sourcing manager is a key person in ensuring that the strategic process is effective and efficient. However, not many people know their real role in procurement. .

article thumbnail

Cost savings vs cost avoidance: What’s the difference?

RPF360

Cost savings and cost avoidance are important strategies for procurement teams. Explore how you can differentiate between cost savings vs cost avoidance and see how you can reduce spend using both along with examples. The post Cost savings vs cost avoidance: What’s the difference? appeared first on RFP360.

article thumbnail

Understanding The Purchasing Procurement Process 

ProcurePort

• The procurement process in any organization is a combination of several functions that require expertise ranging from sourcing, data collection and analysis, negotiation, accounting, risk management, project management, and many more. Though not set in stone, the procurement process can be understood through five phases. Needs Recognition– Needs are recognized at the department level […].

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

What Now for Self-Driving Trucks? How About We Focus on Rail!

Supply Chain Brain

It’s time to admit it: self-driving trucks are hooey. We should instead turn to reviving America’s neglected rail network.

article thumbnail

The Big Interview with Mark Grant

Procurement Heads

How did you get into procurement? It was during my time at Tesco. I actually have a background in finance, but I was looking at labour services and the commercial prospect of combining services and multiskilling staff, before I knew what facilities management was. I was asked by the CPO if I fancied the challenge and have never looked back. What are the roles and responsibilities the procurement function holds within your organisation?

article thumbnail

Illegal fishing and its impact on the supply chain

All Things Supply Chain

Already today, about 60% of the world’s fish stocks are fished to their capacity limits.

article thumbnail

KPIs in Supply Chain — 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. KPIs in Supply Chain — Everything You Should Know. KPIs in the supply chain are important as the supply chain is the backbone of any modern business. Without it, many companies will fail to deliver their products which will affect their profitability and brand. .

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

Supplier code of conduct: Guide, best practices and template

RPF360

Successful vendor relationships are built on shared goals, trust and values. But, do your vendors know where you stand on key issues? And, importantly, do you know if your values align? Increasingly, organizations want to work with vendor partners that share their commitment to social and ethical standards. And, they use a supplier code [.]. The post Supplier code of conduct: Guide, best practices and template appeared first on RFP360.

Suppliers 193
article thumbnail

Supply Chain Sourcing and Buying 101

ProcurePort

• There is a lot of work that goes into a company’s sourcing and buying activities beyond just the transaction. In many cases, the nature of the transaction and the intended frequency of purchase will dictate the sourcing process. • The fact that information is available and firms can source globally also complicates the sourcing […]. The post Supply Chain Sourcing and Buying 101 appeared first on ProcurePort Blog.

Sourcing 147
article thumbnail

Why Cybersecurity Has Never Been More Important for the Supply Chain Sector

Supply Chain Brain

Employee negligence and error are among the most significant cybersecurity liabilities for companies in the supply chain sector. Here are some pointers on how companies can empower employees to defend supply chains.

article thumbnail

CPO Spotlight: Kendall Smith

Procurement Heads

Tell us about your role. I am the Chief Procurement Officer, which means that I am responsible for the procurement of everything that we don’t sell in stores or online, so everything non-product. Our spend is predominantly on Supply Chain Services, IT, Marketing and Corporate Services as well as a number of significant outsourcing deals. What did you inherit in the role when you started?

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

5 Ways Your Commercial Fleet Can Save on Costs

All Things Supply Chain

Commercial fleets are vital to the economy but managing one can be costly.

article thumbnail

Logistics Statistics 2022 — 18 Key Figures

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. Logistics Statistics 2022 — 18 Key Figures. Logistics statistics in 2022 allow people, especially professionals, to see the growth of logistics today and in the coming years. However, what are the factors that affect logistics and figures to see its growth?

Logistics 193
article thumbnail

How to write a business requirements document: Template, examples, tips

RPF360

Learn how to create a business requirements document that effectively informs your vendor about the outcomes and expectations you have around a project. Explore examples, templates and a guide for how to create a BRD in RFP software. The post How to write a business requirements document: Template, examples, tips appeared first on RFP360.

191
191
article thumbnail

Railroads should give workers the benefits they seek

Supply Chain Dive

It's time to get freight rail back on track with a stable workforce and improved service, writes the National Association of Chemical Distributors.

145
145
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

How Artificial Intelligence Bolsters Global Supply Chains

Supply Chain Brain

The continued disruption of supply chains suggests that the challenges of the COVID-19 era have been more than a blip in an otherwise stable period of global business. It’s time to take proactive action to prepare.

article thumbnail

1 in 5 businesses admit to greenwashing with half saying their sustainability efforts are failing, poll finds

Procurement Heads

A further one in four (24%) executives admit they do not know if their sustainability efforts are making any positive difference at all, and 20% say they are unaware if their business has any metrics in place to measure the effectiveness of their environmental initiatives in the first place. Only 19% of respondents believe that their business is making genuine progress on its sustainable initiatives.

article thumbnail

The bitter truth about pineapples from Costa Rica

All Things Supply Chain

Whether on pizza, toast or in dessert, certainly everyone knows (sometimes loves) the pineapple. The pineapple plant was originally native to the Caribbean and Central America.

article thumbnail

Salary Negotiation Statistics 2022 — 18 Key Figures?

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. Salary Negotiation Statistics 2022 — 18 Key Figures. Salary negotiation can be daunting as sometimes you can feel that you are not in a position to negotiate your salary. However, today, many recruiters have positive remarks about potential employees who do this. .

article thumbnail

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.

article thumbnail

The Public Procurement Journey: Tools for Modern Challenges

ivalua

Opportunities and Challenges. One of the most significant investments in our nation’s infrastructure, the $550 billion Infrastructure Investment and Jobs Act (IIJA) , has begun to release its first waves of funding. While this bill is transformative for states, cities, counties, utilities, and education, there are massive hurdles that must be addressed before any initiatives are implemented.

Bidding 130
article thumbnail

How the US plans to transform its lithium supply chain

Supply Chain Dive

With just 3.6% of global reserves, access to the critical mineral is vital to the country’s sustainable energy plans.

article thumbnail

The Reality, Promise and Limits of Artificial Intelligence

Supply Chain Brain

Just what is artificial intelligence, anyway? In its ultimate form, will it model, augment or replace human thought?

145
145
article thumbnail

7 recruitment tips for building your procurement team

Procurement Heads

As a specialist procurement recruiter, with many years of experience, I’ve seen all sorts of approaches to building procurement and supply chain teams. I’ve witnessed great practices and, unfortunately, disjointed approaches to hiring. With continued competition for the best procurement and supply chain talent, a slick and well-defined recruitment process can prove to be the marginal gain that leads to a successful recruitment campaign.

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