Procurement Software

FEBRUARY 28, 2023

For this week’s opinion piece, I’m looking at a recent article from Procurious. It comments on some data that was released by LinkedIn, showing that there are an increasing number of supply chain professionals and procurement managers who are quitting their jobs. If I quote the article: According to data released by LinkedIn to Bloomberg, in 2020-2021, the average number of supply chain managers who left their jobs, called the ‘separation rate’, increased by 28%.

Management 59

Management Procurement supply chain software solutions Supply chain 59

SCMR (Supply Chain Management Review)

FEBRUARY 27, 2023

In recent years, technology advancements such as automation, connectivity, and data analytics have provided opportunities for the supply chain industry to make genuine breakthroughs.

Supply chain 126

Supply chain Supply Data 126

Una

FEBRUARY 27, 2023

Pain Points in Procurement Series The Procurement Talent Shortage Discover ways to rectify the procurement talent shortage by attracting and keeping top sourcing candidates. By Hugo Britt | February 28, 2023 Search Welcome to Una’s Pain Points in Procuremenet series. Each week, the Una team will explore one of ten common pain points impacting procurement today, and put forth actionable solutions to each of these challenges.

Procurement 97

Procurement Procurement team Purchasing Risk 97

Procurement Tactics

FEBRUARY 26, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Conditional Proposals — The Ultimate Guide Conditional proposals can help you avoid giving something too important for you, especially if the other party does not want to compromise. However, how to utilize it? For this article, we are going to tackle what a conditional proposal is.

Negotiation 206

Negotiation Bidding Import Procurement 206

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Supply Chain Optimization

Fraxion

FEBRUARY 27, 2023

As businesses work to recover from the pandemic, they are now facing a new wave of economic uncertainty that will test the resilience of their CFOs. In recent years, the role of the CFO has expanded to encompass a more strategic and transformational focus, requiring more collaboration with the C-Suite, and serving as a trusted advisor to the CEO. In addition to traditional financial responsibilities, CFOs must also drive talent acquisition and retention, automation, technology, digital operation

Collaboration 52

Collaboration Spend management Management 52

All Things Supply Chain

MARCH 3, 2023

China calls out Australia after rare material deal is blocked China has called out the Australian government for blocking a bid by a Chinese-linked company to boost its ownership in…

Bidding 246

Bidding Supply chain Supply Logistics 246

RPF360

MARCH 2, 2023

The vendor selection process is stressful, but these easy steps can help make it more manageable. Explore vendor selection criteria, weighted scoring basics and best practices from our friends at Lockton Companies HR Technology and Outsourcing. The post Vendor selection process: Reduce stress with these pro tips appeared first on RFP360.

Management 180

Management Supplier relationship management Vendor management Suppliers 180

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today. While inflation has eased from 9.1% last June to 6.5% in December and is expected to fall to 3.1% by the end of this year, business and academic economists pol

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

Art of Procurement

FEBRUARY 28, 2023

If there were a shortlist of core procurement skills, benchmarking would undoubtedly be on it. And yet, for the ease. The post How to Benchmark Supplier Diversity Performance appeared first on Art of Procurement.

Suppliers 143

Suppliers Procurement Data Management 143

Procurement Heads

MARCH 2, 2023

For Procurement Heads ‘ latest CPO Spotlight, James Dobbin caught up with Jeremy to hear how much has changed at 4C. Since our last conversation as part of our Big Interview series, how much has changed for you personally and at 4C? I guess personally the biggest change, personally, is that I was recently promoted to Managing Director. That has been interesting, in a good way.

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Procurement Supply chain 130

Advertiser: GEP

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.

Supply chain

Una

FEBRUARY 28, 2023

EPISODE 104 Leveraging the Power of a Procurement Task Force with Harold Hendrickx By Kelly Barner | March 1, 2023 With the last few years being as unpredictable as they have been, procurement has experienced a number of mindset shifts – all of which have increased our agility and resilience. In fact, procurement has undergone so many changes that comparisons to the approaches and team models seen in military settings are not out of line.

Procurement 128

Procurement Procurement team Leadership Sourcing 128

Supply Chain Dive

FEBRUARY 28, 2023

The e-commerce giant canceled, closed or delayed 99 facilities in its U.S. fulfillment network, according to a firm tracking the company. Amazon disputed its findings.

Networking 133

Networking 133

SCMDOJO

FEBRUARY 27, 2023

Modern warehousing has come a long way, and technological advancements have played a significant role in the evolution of the industry. With new technologies and advances in distribution center design, modern warehouses are becoming more efficient, accurate, and cost-effective than ever before. In addition, technology integration has enhanced the efficiency and accuracy of warehousing and distribution centers, from internet-connected devices to drones and robots.

Real-time Visibility 114

Real-time Visibility Inventory control Supply Chain Efficiency supply chain budgeting 114

Procurement Heads

FEBRUARY 28, 2023

In advance of the new financial year, this will be an opportunity for networking and discussion around all things procurement and interim management. If interim management within procurement is your specialism, or indeed if your business has had requirements for quality interim managers in this space, then please join us for a drink or two! Spaces are strictly on a first come first served basis, so please register your interest now by completing the form below to avoid disappointment.

Networking 130

Networking Quality Procurement Management 130

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

Bidding

Procurement Bulletin

FEBRUARY 26, 2023

Europe Turns Gas Crisis Into Renewable Energy Revolution In an amazing display of action, Europe has turned its gas crisis from just a year ago into a revolution of clean energy. At the end of 2022, Europe’s combined renewable energy production (wind and solar) overtook natural gas. Breakthrough in Battery Recycling One of the biggest criticisms of electric vehicles (I own one!

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112

Supply Chain Dive

MARCH 3, 2023

While UPS' priorities have shifted, Amazon’s capabilities have transformed. But both face obstacles that could complicate plans to reduce business with each other.

Logistics 124

Logistics 124

Supply Chain Brain

FEBRUARY 28, 2023

Descartes studied 1,000 supply chain and logistics executives in North America and Europe, to determine where they’re placing their innovation emphasis and technology deployment focus.

Innovation 116

Innovation Logistics Supply chain Supply 116

Art of Procurement

MARCH 2, 2023

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 – March 3rd, 2023 appeared first on Art of Procurement.

Procurement 111

Procurement 111

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.

Supply Chain Optimization

SCMR (Supply Chain Management Review)

MARCH 2, 2023

Companies are rethinking globalization and repositioning more of their operations and sourcing closer to home. Here’s how the trend is affecting supply chain design.

Supply chain 105

Supply chain Supply Sourcing 105

Supply Chain Dive

MARCH 1, 2023

The U.S. is behind in its goal to capture domestic production of battery materials. Here’s what one Energy Department-backed group says needs to happen to catch up.

Strategy 126

Strategy Supply chain Supply 126

Supply Chain Brain

MARCH 1, 2023

For the good of the economy at large, we need to grow income opportunities for the nation’s workforce while ensuring fair treatment of workers.

126

126

Una

MARCH 1, 2023

Shifting Procurement's Mindset to Face the Challenges of 2023 and Beyond Advice for shifting procurement’s mindset to face current-day challenges head on and how to continue driving change, solving problems, and creating value amidst adversity. By Hugo Britt | March 2, 2023 Search Ever since he burst into America’s collective consciousness in the 1930s, Superman has seemed unstoppable.

Raw materials 97

Raw materials Purchasing Procurement Sourcing 97

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Supply Chain Optimization

Art of Procurement

FEBRUARY 26, 2023

“I was fascinated to realize that all of these different speakers who had not coordinated in any way beforehand, and. The post [Pod] Key Takeaways From Digital Outcomes 2023 w/ Philip Ideson and Kelly Barner appeared first on Art of Procurement.

Procurement 90

Procurement Data 90

Supply Chain Dive

MARCH 2, 2023

Procurement teams need to be prepared with good reasons as to why their vendor should lower prices. Here’s what to consider before asking for lower costs.

Supplier negotiation 121

Supplier negotiation Negotiation Procurement team Suppliers 121

Supply Chain Brain

FEBRUARY 26, 2023

Germany’s economy has faltered because of the energy crisis. German GDP fell by 0.4% in the final three months of 2022, according to data published February 24 by the country’s Federal Statistics Office.

Data 98

Data 98

Spend Matters

MARCH 3, 2023

Categories: Conferences , CSR , Procurement Strategy & Planning Tags: Conferences and Events To help Procurement cut through the minefield of vendors in the market and get straight to a shortlist of relevant solution providers, Spend Matters analysts need to discover and get to know as many vendors as possible across a multitude of categories from sourcing through to payments, from established players through to emerging ones.

Procurement 93

Procurement Procurement strategies Strategy Sourcing 93

Advertiser: GEP

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.

Procurement

SCMR (Supply Chain Management Review)

MARCH 3, 2023

Even as some easing has taken place, increased freight and labor costs are keeping the pressure on supply chains.

Supply chain 97

Supply chain Supply 97

Supply Chain Dive

MARCH 2, 2023

The carrier is telling shippers to act before March 31 if they want to avoid potential disruption this summer.

Risk 128

Risk 128

Supply Chain Brain

MARCH 2, 2023

Achieve peak performance without breaking the bank: cost-effective ways to solve for peak without hiring more labor or expanding space.

Supply chain 111

Supply chain Supply 111

Spend Matters

MARCH 1, 2023

Categories: Contract Management , E-Sourcing , Procurement Systems & Architecture , Solution Providers , Technology Tags: PRO This addendum to the Spend Matters PRO Vendor Analysis for Raindrop and its source-to-pay (S2P) solution notes its newest capabilities and growth as of early 2023. Our past coverage of Raindrop has centered on the provider’s planning and source-to-contract capabilities.

Contract management 80

Contract management Contract Sourcing Suppliers 80

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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.

Real-time Visibility