Procurement Tactics

APRIL 4, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter CSR Policy — Transforming Sustainable Procurement CSR policy is important to ensure that a company ethically conducts its business operations. However, what is it? In this article, we will discuss what CSR policy is. We will also tell you the benefits of CSR policy when adopted in business operations and how you can use it to make a sustainable procurement policy.

Sustainability 192

Sustainability Procurement Ethics Procurement strategies 192

SCMR (Supply Chain Management Review)

APRIL 5, 2023

Trade shows are being overrun by robotics and automation companies, yet that hasn’t translated to widespread adoption in warehouses – yet.

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101

All Things Supply Chain

APRIL 3, 2023

The overwhelming popularity of OpenAI’s ChatGPT has been a hot topic since the turn of the new year.

Supply chain 279

Supply chain Supply Supply chain management Supply chain management 279

The Good Spending

APRIL 2, 2023

Where's the procurement planning when you need one? Once, we wrote about demand management in this blog. It's a good enough topic, which misses one crucial element - demand management mastery comes after sophisticated planning. In some companies (and I'm quoting my own experience), procurement planning barely exists. Our colleagues tend to accept the business demand for granted and not try to understand or, God forbid, challenge it.

Procurement 98

Procurement Demand Planning Budget Category management 98

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Supply Chain Optimization

Una

APRIL 6, 2023

Benefits Realization in Procurement Benefits realization in procurement allows professionals to identify areas for improvement, adjust procurement processes, and optimize procurement activities to achieve better outcomes By Hugo Britt | April 6, 2023 Search Welcome to Una’s Pain Points in Procurement 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 Supplier relationship management Supplier negotiation Contract 97

Procurement Tactics

APRIL 6, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Supply Chain Analysis — Embracing Sustainability Sustainable supply chain analysis involves evaluating how sustainable your suppliers and your processes that both pertain to how transparent your supply chain is.

Supply chain analysis 226

Supply chain analysis Sustainability Supply Chain Efficiency Supply Chain Optimization 226

Procurement Leaders

APRIL 6, 2023

UCB CPO Sebastien Bals sits down with Procurement Leaders’ chief product officer David Rae to share some insights into his function’s response to the ongoing polycrisis. Among other subjects, Bals reveals how the purchasing team at the Anderlecht-headquartered global pharmaceutical company has leveraged machine-learning technology to create a digital twin of its supply chain to uncover previously hidden vulnerabilities, as well as the steps buyers are taking to pre-qualify suppliers

Agile and Lean Supply Chain 130

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

Procurement Heads

APRIL 5, 2023

How did you get into procurement? I sometimes wonder actually, how did I end up here? But it was quite simple for me, I was leading the National operation for a rather large FMCG organisation and this included logistics, supply chain, quality management, innovation and field operation, unbeknown to me there was a procurement team from the centre that had decided to consider outsourcing the whole operation, but what they had failed to do was engage with the key stakeholder, me.

Procurement 130

Procurement Agile and Lean Supply Chain Collaboration Supply Chain Efficiency 130

Procurement Tactics

APRIL 5, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Procurement Business Drivers — Embracing Sustainability Sustainable procurement business drivers are the factors why many businesses embrace sustainability within their operations. However, what are these “drivers” that make organizations strive for sustainable procurement?

Sustainability 187

Sustainability Procurement Supply Chain Efficiency Procurement strategies 187

Art of Procurement

APRIL 6, 2023

In August of 2022, the relationship between FedEx Ground and their network of delivery contractors looked like it was about. The post [Pod] Case Dismissed: Spencer Patton Prevails Over FedEx appeared first on Art of Procurement.

Networking 136

Networking Procurement Risk management Contract 136

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

Supply Chain Dive

APRIL 7, 2023

The company's transformation raises questions about network capacity and employee labor classification. However, experts say the upside is worth it.

Networking 142

Networking 142

Procurement Heads

APRIL 5, 2023

How did you get into procurement? I sometimes wonder actually, how did I end up here? But it was quite simple for me, I was leading the National operation for a rather large FMCG organisation and this included logistics, supply chain, quality management, innovation and field operation, unbeknown to me there was a procurement team from the centre that had decided to consider outsourcing the whole operation, but what they had failed to do was engage with the key stakeholder, me.

Procurement 130

Procurement Agile and Lean Supply Chain Collaboration Supply Chain Efficiency 130

Procurement Tactics

APRIL 3, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter How Companies Can Benefit From Sustainable Procurement Many businesses are shifting towards sustainability due to the perceived benefits when applied to the actual processes in procurement and supply chain. However, what are the benefits of sustainability?

Sustainability 183

Sustainability Procurement Supply Chain Efficiency Procurement strategies 183

Supply Chain Brain

APRIL 2, 2023

Businesses in the industrial metals industry must increasingly rely on digital tools such as real-time product tracking to optimize their items’ journey and to provide data to inform decisions.

Supply Chain Optimization 116

Supply Chain Optimization Supply chain Data Supply 116

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

Supply Chain Dive

APRIL 6, 2023

The retail giant expects that within three years, 55% of its fulfillment center volume will move through automated facilities, and 65% of its stores will be automated to some extent.

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Procurement Heads

APRIL 4, 2023

This year’s tournament, which will be the fourth time the event has been held, provides an excellent opportunity for procurement professionals to come together and raise funds for Macmillan Cancer Support. Procurement Heads’ Financial & Professional Services team will host this year’s tournament, which will take place in London on the evening of Thursday 18th May.

Procurement 130

Procurement Networking Management 130

SCMDOJO

APRIL 4, 2023

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line.

Supply Chain Analytics 111

Supply Chain Analytics supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 111

Supply Chain Brain

APRIL 4, 2023

The grace period is gone; consumers will find what they want elsewhere if a retailer can’t deliver the product(s) and experience they’re looking for.

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124

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

Supply Chain Dive

APRIL 7, 2023

Several logistics providers are warning customers of missed truck appointments and other disruptions ahead of Easter weekend.

Logistics 145

Logistics 145

Procurement Heads

APRIL 4, 2023

This year’s tournament, which will be the fourth time the event has been held, provides an excellent opportunity for procurement professionals to come together and raise funds for Macmillan Cancer Support. Procurement Heads’ Financial & Professional Services team will host this year’s tournament, which will take place in London on the evening of Thursday 18th May.

Procurement 130

Procurement Networking Management 130

Positive Purchasing

APRIL 6, 2023

Kris Lance is a senior director with the group purchasing company Una. He’s an experienced leader with a proven history of success across multiple industries, especially in healthcare and IT procurement. Kris describes himself as a “seeker of truth”, and here he takes a look at the tech landscape in procurement – and in particular, data. We asked: “As the availability of more sophisticated technology is matched by the opportunity to acquire increased levels of data, the temptation to run h

Data 105

Data supply chain software solutions Supply chain Procurement 105

Supply Chain Brain

APRIL 5, 2023

With the capability to produce and store liquified hydrogen where and when it is needed, the tipping point has been reached and the hydrogen economy is here.

116

116

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Supply Chain Optimization

Supply Chain Dive

APRIL 3, 2023

The company's push to decarbonize the transportation fleet is gaining steam, with more growth expected in the years ahead.

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144

Una

APRIL 5, 2023

EPISODE 109 Delivering Exceptional Value Through Business Relationships with Heather Fotch By Kelly Barner | April 5, 2023 When someone asks you to define ‘trust,’ what comes to mind? Words like safety, confidence, and dependability are likely to rise in your thoughts. Trust in business is based on the same empathetic human principles as it is in our personal lives, and yet building close relationships in a professional capacity remains a challenge for many people in different functional roles.

Quality 98

Quality Sourcing Collaboration Procurement 98

Procurement Freelancers

APRIL 5, 2023

Using technology to enhance supply chain operations is a hot topic across many industries. Since… The post Gaining An Insight Into Technology Procurement Consulting first appeared on Procurement Blog | Procurement & Supply Chain News.

Procurement 96

Procurement Supply chain Supply Purchasing 96

Supply Chain Brain

APRIL 4, 2023

Data out April 4 showed U.S. supply-chain activity fell to the lowest in at least 6 ½ years in March, with low transport prices for goods driving the decline in the Logistics Managers’ Index.

Logistics 105

Logistics Price Supply chain Data 105

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

Supply Chain Dive

APRIL 5, 2023

The unified company will usher in significant changes, ranging from more rail transport to further reductions in flights.

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145

Spend Matters

APRIL 4, 2023

Categories: Best Practice , Cost Management , Procurement Strategy & Planning Tags: sponsored post Equipment leasing is a well-known, strategic financial tool, especially when interest rates are rising. Nearly 80 percent of US companies use some form of financing when acquiring equipment (source: 2022 Equipment Leasing & Finance Industry Horizon Report, ELFA).

Procurement strategies 97

Procurement strategies Strategy Sourcing Management 97

IBM Supply Chain Blog

APRIL 4, 2023

For years IBM has been using cutting-edge AI to improve the digital experiences found in the Masters app. We taught an AI model to analyze Masters video and produce highlight reels for every player, minutes after their round is complete. We built models that generate scoring predictions for every player on every hole. But I believe the “AI Commentary” solution we built this year is the most consequential work we’ve done in the history of our 25-year partnership with the Masters

Data 80

Data Quantity Sourcing Networking 80

Supply Chain Brain

APRIL 2, 2023

The FDA has long been criticized for lapses in inspections of overseas manufacturing in China and India, which are the two major producers of drugs and raw ingredients for medicines.

Import 98

Import 98

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