Sat.Dec 10, 2022 - Fri.Dec 16, 2022

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Predictive Procurement: Overcoming Challenges in Health and Pharma

Arkestro

Procurement professionals of all types face a challenging and dynamic work environment. But those in the health and pharmaceutical industries deal with particularly demanding circumstances. The pandemic and resulting supply chain disruptions have added extreme pressure on the health and pharma sector to address shortages quickly and efficiently. During the pandemic, healthcare needed to treat people with COVID-19, and the pharmaceutical industry had to increase the production and distribution of

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An 8 Step Guide to Launching a Supplier Centric Strategy

HICX

What is supplier centricity? Being supplier centric means not treating suppliers as a commodity but setting them with the right foundations to do their best work for you. It is a mindset shift that acknowledges that all suppliers, rather than just the strategic few, should have access to a one-to-one style relationship. It also means that the organization is able to ‘put itself into the shoes of all suppliers,’ and is able to identify ways of removing friction on an ongoing basis, so that suppli

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Trending Sources

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Impacts Facing The Supply Chain Ahead of the Holiday Season

All Things Supply Chain

Supply chain issues have negatively affected companies worldwide since early 2020. The COVID-19 pandemic brought restrictions and changed policies for businesses, leading to shortages in supplies and workers.

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Ivalua Ranked in Comparably’s Global Top 100  Best Companies and Awarded Best for Culture, Women and Diversity

ivalua

Ivalua scoops hat-trick of awards at Comparably’s latest Best Companies ranking. Redwood City, CA, December 16, 2022. Ivalua, a global leader in spend management , today announced that following anonymous votes from employees across all its departments and international office locations, the company has been ranked by Comparably among the top 100 companies with the best culture, as well as a best company for women and for diversity.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

Learn strategies to develop supply chain maturity and save on costs. In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation. Discover actionable first steps to boost your operations and reduce costs.

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How to use a supplier scorecard: Guide, examples and best practices

RPF360

Maintaining vendor relationships is crucial to your business. However, ensuring quality and effectiveness is just as important. Explore how to create and use a supplier scorecard to measure and optimize vendor performance. The post How to use a supplier scorecard: Guide, examples and best practices appeared first on RFP360.

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The warehouse flood – True stories

ABC of Procurement

Another true procurement story. The post The warehouse flood – True stories first appeared on ABC of Procurement.

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Volkswagen Group Selects Ivalua to Digitize its Indirect Procurement Processes

ivalua

Ivalua platform selected to improve efficiency, transparency, and the employee purchasing experience. Redwood City, CA, December 15, 2022. Ivalua, a global leader in spend management , and Capgemini, a global IT services and consulting firm, today announced that after a comprehensive evaluation of available technology solutions, the Volkswagen Group has chosen Ivalua’s platform to digitize its global indirect procurement processes for the Group’s entire brand portfolio.

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6 warehouse robotics innovations Amazon showcased in 2022

Supply Chain Dive

Although many are prototypes, the company aims for them to eventually make an impact in the company's logistics network.

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The Impact of the Russia-Ukraine War on the U.S. Economy

Supply Chain Brain

It's important to measure the impact of Russia's invasion of Ukraine on the U.S. economy, and determine which commodities are likely to be in short supply as a result.

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Can Hybrid Packaging Improve Sustainability?

All Things Supply Chain

Rising climate change awareness has led to higher demand for sustainability actions. Consumers have made clear that businesses must demonstrate corporate responsibility for their environmental footprint.

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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 the Digital Transformation is Changing Procurement

Procurement Heads

However, our article ‘What’s Happening in the Procurement Recruitment Market’ states that we are entering volatile and uncertain times – affecting the ease with which companies can recruit the best procurement professionals. In times like these, it’s crucial to turn to the latest technologies, which facilitate greater ease of operations to reduce strain on current employees and attract the top talent and supplies to your business.

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Air freight rates nosedive with shippers flocking to ocean

Supply Chain Dive

Businesses are opting for shorter capacity commitments to maintain flexibility, experts say.

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Six Supply Chain and Logistics Trends for 2023

Supply Chain Brain

All of these important trends will improve the performance and resiliency of supply chain and logistics and better align the industry with key global macro-trends such as sustainability.

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Three focus areas to attract and retain frontline talent

SCMR (Supply Chain Management Review)

Flexibility, well-being support and competitive pay are the keys to the kingdom in 2023.

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

As early as next year, procurement and supply chain operations will begin to adopt AI agents, often called “agentic AI,” to work alongside employees to make and execute decisions with precision across procurement and even the most complex global supply chains. Unlike LLM-based generative AI tools such as ChatGPT, these AI agents do not require prompts from humans.

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The Big Interview with Phil Singleton

Procurement Heads

For the latest in Procurement Heads ‘ Big Interview series, he spoke with Will Cooke about his procurement career, the challenges he and the team are currently facing and how he spends his spare time. How did you get into procurement? I suspect, like many people, I fell into it. Many years ago I took up a job in a retail wholesale environment, buying and selling electronic components.

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Chewy leverages automated fulfillment to lower shipping costs

Supply Chain Dive

Automated facilities have lowered expenses by as much as 20% compared to the retailer's legacy network.

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The Biggest Trends in Warehouse Management in 2023

Supply Chain Brain

The bigger a manufacturer, retailer or distributor gets, the more it needs to augment its network of warehouses.

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Episode 94: Fostering Sustainability in the Real World with Jonathan O’Brien

Una

Episode 94: Fostering Sustainability in the Real World with Jonathan O’Brien. By Kelly Barner | December 14, 2022. Over the last 20 years, there has been a groundswell of interest in sustainability. Turning that interest into action will require procurement to be at their very best. If there is one thing missing from many of the efforts that have been made so far, it is taking a cohesive approach to operationalizing sustainability goals and targets.

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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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The Big Interview with James Ball

Procurement Heads

For Procurement Heads ‘ latest Big Interview, James spoke with James Dobbin about all things procurement – including his own procurement career, insights into Portland, current hot procurement topics and what he looks for when hiring into his team. How did you get into procurement? I’ve been in procurement for such a long time now. I originally got into it by accident.

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Walmart drone delivery service launches in Arizona, Florida and Texas

Supply Chain Dive

The offering with DroneUp is part of a wider plan to offer the same-day option in six states by the end of this year.

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Don't Fear AI — Supply Chain Leaders Need it to be Agile

Supply Chain Brain

Supply chain decision-makers who overcome their fear of artificial intelligence (AI) and have embraced AI-driven technology, like AI-driven sales platforms, fare best and thrive.

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Market Basket and Sample Food Cost Analysis

Una

Market Basket and Sample Food Cost Analysis. By Mackenzie Oakley | December 15, 2022. Did you know Una has a strong expertise and presence in the foodservice space? With 20+ years of experience, our team has dedicated their careers to developing relationships with food distributors to bring our members significant savings and value. Much like everything else this year, food costs have risen significantly.

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.

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CPO Spotlight: Jessica Nordlinder

Procurement Heads

For Procurement Heads ‘ latest CPO Spotlight, Jessica spoke with Rupert Gaster about her career and why Essity places such importance on sustainability. Could you tell us about your background and your journey into becoming CPO at Essity? I am from Sweden, born and raised on Hising Island, which is part of Gothenburg, the second largest city in Sweden.

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What’s next for Coupa after $8B sale to private equity

Supply Chain Dive

For years, the procurement and spend software company has invested in expanding its customer base. With growth slowing, it may turn to profitability.

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Latin America’s Prospects for Trade and Logistics Development

Supply Chain Brain

Like all major regions of the world, Latin America is struggling to emerge from the shadow of the pandemic. But its long-term prospects for trade and logistics development are strong.

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Press release: Introducing new names for Skill Dynamics’ technology

Skill Dynamics

LONDON , 12 December 2023. The Skill Dynamics eLearning platform comprises of three experiences that combine to deliver our world-class digital learning program. Until now, each of these technologies has had its own distinct product name. We felt we could help make our technology easier to understand – and say! – so we’re changing the names to make it clear that they are all modules within the Skill Dynamics platform.

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

Speaker: Shalini Dinesh

Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.

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[Pod] How to SUPERCHARGE Your Digital Procurement Strategy w/ Alpar Kamber, Julie Brignac and Chris Eyerman

Art of Procurement

“I’ve seen a lot of companies who try to jump the gun in terms of driving a very adventurous digital. The post [Pod] How to SUPERCHARGE Your Digital Procurement Strategy w/ Alpar Kamber, Julie Brignac and Chris Eyerman appeared first on Art of Procurement.

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LA port director embarks on ‘whistlestop tour’ to bring cargo back West

Supply Chain Dive

With cleared congestion and open capacity at the port, Executive Director Gene Seroka met with shippers across the country to regain lost volumes.

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The Next Phase of Remote Work: The Factory Floor in Your Living Room?

Supply Chain Brain

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Action beats inaction every time: Using supplier collaboration to reduce Scope 3 emissions

Spend Matters

Categories: Sponsored Article , Supplier Management , Sustainability Tags: EU , Sponsored Article Scope 3 emissions — all the indirect emissions that a company generates over the course of its operations, from raw material extraction down to end consumer and disposal — are comfortably the biggest source of emissions for virtually any business. Despite the importance of reducing them, the disclosure of Scope 3 emissions is not currently compulsory in most countries and cases.

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How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk. When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.