Procurement Tactics
MAY 23, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Bullwhip Effect — Everything About Supply Chain Bullwhip effect can disrupt your supply chain and you must consider yourself lucky if you still have not experienced this. However, what is it? In this article, we will define what the bullwhip effect is.
SCMR (Supply Chain Management Review)
MAY 22, 2023
While technology can be an obstacle to procurement success, respondents to an ISM survey said humans remain the largest roadblock.
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Supply Chain Brain
MAY 24, 2023
A major benefit of using smart contracts is that they can be drawn up in minutes rather than hours or days, as with traditional contracts.
All Things Supply Chain
MAY 22, 2023
The world as you know it looks drastically different than it did only four years ago.
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.
Pipefy
MAY 23, 2023
In its long history , procurement has evolved from self-contained purchasing entities to an essential business partner handling processes involving several departments and many subprocesses. Because of this, carrying out its operations manually is time-consuming and incredibly expensive for businesses. Savvy leaders are quickly adopting e-procurement solutions to lower the time, costs, silos, and strained supplier relationships that plague manual operations.
Procurement Tactics
MAY 22, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter RFP Evaluation Criteria Best Practices RFP evaluation criteria best practices are ways you can do to make your RFP process to be efficient, consistent, and transparent. However, what are these best practices? In this article, we will discuss what RFP means.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
All Things Supply Chain
MAY 26, 2023
Apple with Broadcom partner for US-made 5G technology Apple has struck a multibillion-dollar deal with Broadcom, a U.S. chipmaker, to collaborate on the development of 5G radio frequency components.
Supply Chain Dive
MAY 25, 2023
ONE and Wan Hai Lines paid a combined $2.65 million in fees, and agreed to issue refunds to affected shippers.
Procurement Tactics
MAY 22, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Integrated Logistics — What You Should Know Integrated logistics is gaining popularity throughout the years to the point of replacing the traditional logistics concepts. However, what is it? In this article, we will discuss what integrated logistics means.
SCMR (Supply Chain Management Review)
MAY 24, 2023
Only 30% of digital transformations meet or exceed a company’s expected target value. The reason? The wrong procurement process was used, say experts.
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.
Art of Procurement
MAY 21, 2023
“Should-cost analysis is just a tool. Even if you have a clear breakdown, if you do not have a good. The post [Pod] Getting to Know Should-Cost Analysis w/ Yushiro Kato appeared first on Art of Procurement.
Supply Chain Dive
MAY 22, 2023
The automaker’s well-insulated supply chain wasn’t enough to weather the COVID-19 storm.
Procurement Tactics
MAY 24, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Vendor Scorecards — Everything You Should Know Vendor scorecards simplify vendor management and are an important factor in monitoring supplier performance. However, what is it? In this article, we will discuss what vendor scorecards are.
Una
MAY 24, 2023
EPISODE 116 Winning the Mythical Talent War with Jon Hansen By Kelly Barner | May 24, 2023 Despite investments in education and efforts to recruit from a strong and diverse talent pool, CEOs have always been worried about procurement skill sets. They refuse to believe that the talent they have in house is ‘up to’ the strategic objectives they plan to set forth.
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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.
Procurement Bulletin
MAY 21, 2023
Post-Brexit Woes for UK Car Makers A post-Brexit requirement by the EU requires 40% of electric vehicle parts to be sourced from the UK or EU, specifically for vehicle to be sold within the EU. Otherwise, those sales are hit with a 10% tariff. However, currently auto manufacturers are still importing the majority of batteries from Asia and won’t be able to comply in time for when these rules come into effect.
Supply Chain Dive
MAY 23, 2023
The restaurant chain is expanding its use of the technology to track ingredients from suppliers in real-time.
Procurement Tactics
MAY 21, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Acquisition Cost — Everything You Should Know Acquisition cost helps businesses to accurately track the total cost of acquiring an asset. However, what is it? In this article, we will discuss what acquisition cost means.
Supply Chain Brain
MAY 24, 2023
The problem of omnichannel retail returns is one that must be addressed.
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?
IBM Supply Chain Blog
MAY 25, 2023
IBM Consulting has established a Center of Excellence for generative AI. It stands alongside IBM Consulting’s existing global AI and Automation practice, which includes 21,000 data and AI consultants who have conducted over 40,000 enterprise client engagements. The Center of Excellence (CoE) already has more than 1,000 consultants with specialized generative AI expertise that are engaging with a global set of clients to drive productivity in IT operations and core business processes like H
Supply Chain Dive
MAY 23, 2023
The pandemic showed that forecasting is more important — and difficult — than ever.
Procurement Tactics
MAY 25, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Kanban System — Everything You Should Know Kanban System is gaining popularity and has spread to many industries from construction to procurement to optimize workload. However, what is it? In this article, we will tell you what the Kanban System is and the Kanban Board.
Supply Chain Brain
MAY 21, 2023
Negotiators would reportedly like to announce an agreement regarding Indo-Pacific trade talks at a meeting of ministers taking place in Detroit on May 27.
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
Una
MAY 23, 2023
Group Purchasing and Indirect Spend: A Fairy-tale Romance A unique take on the relationship between group purchasing and indirect spend and how the two work together to drive cost savings and value. By Hugo Britt | May 23, 2023 Search Welcome to Story Time with Una , a not-so-regular series that offers a fresh, fun take on various topics impacting procurement.
Supply Chain Dive
MAY 26, 2023
More pallet companies are marketing their products’ sustainability amid growing attention to ESG practices, fueling the ongoing debate of whether one substrate reigns superior.
IBM Supply Chain Blog
MAY 23, 2023
As more enterprises move to hybrid cloud environments, hybrid cloud security has become imperative to business growth. According to a 2021 study by the IBM Institute for Business Value (IBV), 80% of executives expected their organizations to operate more than 10 distinct clouds by 2023, up from eight in 2020. “The scale of most enterprise hybrid cloud deployments is so vast and penetrates so deeply that the need for an all-in security culture is absolute,” says Shue-Jane Thompson, ma
Supply Chain Brain
MAY 25, 2023
Walmart has launched the Associate-to-Driver Program , adding drivers to the fleet by hiring internally. Is it a real remedy for the driver shortage, or simply a PR move aimed at boosting morale?
Advertiser: ZoomInfo
In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.
Una
MAY 25, 2023
Managing Procurement Risk with a Group Purchasing Organization Explore how a group purchasing organization can be an effective solution for managing procurement risk and improving overall procurement processes. By Hugo Britt | May 25, 2023 Search Things were looking so bright at the beginning of the year. As the CEO of a fledgling company, you were proud of its solid growth and strong performance.
Supply Chain Dive
MAY 22, 2023
The retailer is testing high-capacity vans that can deliver nearly five times as many packages as sedans.
SCMR (Supply Chain Management Review)
MAY 26, 2023
The top global supply chains identify and capture new opportunities, drive progress and transform the way their organizations work, Gartner said. Schneider Electric is atop the Global Supply Chain Top 25 for the first time.
Supply Chain Brain
MAY 22, 2023
Manufacturers and retailers have often been left with two tough options: raise prices, or find a different supplier.
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