All Things Supply Chain
JUNE 15, 2022
The continuing effects of the global coronavirus pandemic are being felt in unexpected ways. Across the United States right now, desperate parents are coping with a nationwide baby formula shortage.
ProcurePort
JUNE 15, 2022
• The goal of procurement is to keep up with an organization’s emerging product and supply chain needs to meet the business’s end goals. • Procurement is a strategic process involving identifying, selecting, negotiating, and settling contracts with suppliers. But what is the purpose of procurement? • Procurement aims to purchase the highest-quality products at […].
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Supply Chain Brain
JUNE 13, 2022
In today's digital world, companies are under pressure to be more transparent with their customers. This is especially true for supply chains, where customers want to know where their products are coming from and how they’re being made.
ivalua
JUNE 17, 2022
This content is part of the latest WBR Report: As the world has been readjusting to the ripple effects caused by the pandemic in the past two years, successful enterprises have developed contingency plans to protect their supply networks from future shocks to the supply chain. Over half of the heads of procurement in our survey (53%) are currently confident in the resiliency of their supply chains, while 20% of the respondents are somewhat confident.
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.
All Things Supply Chain
JUNE 13, 2022
In the world of supply chain, turning to social media to keep up to date on the latest trends has become more common over time, as followers want to see…
ABC of Procurement
JUNE 16, 2022
Many people got laid off during the Pandemic. Many still struggle to get a new job. Here is what I noticed, both as a job seeker and hiring manager. The post How to get a job in procurement first appeared on ABC of Procurement.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
ProcurePort
JUNE 16, 2022
• Prior to the pandemic, procurement executives were already trying to keep up with the breakneck changes that were being witnessed in the industry. From new technology and dynamic best practices, change was everywhere and it was inevitable if you wanted to remain competitive and keep spending low. • With the pandemic as the biggest […]. The post What is the Future of Procurement?
ivalua
JUNE 15, 2022
Learn how Körber leveraged Ivalua’s software tools to automate and streamline tactical activities while keeping strategy front and center. Session REPLAY. The global supply chain is undergoing an incredible transformation that will change the way we do business. Today, organizations are looking to build supply chain resilience and maximize opportunities for growth as we pivot and prepare for unexpected global events. .
Procurement Leaders
JUNE 13, 2022
Challenge. HS2 is Britain’s new high speed rail line being built from London to the North-West, with zero-carbon trains linking Scotland with Manchester, Birmingham and London. It is the largest infrastructure project in Europe and the most important economic and social regeneration project in decades. HS2 Ltd. was set up by the UK Government to design and construct the railway and is responsible for procuring and coordinating a supply chain of designers and contractors to deliver billions of po
All Things Supply Chain
JUNE 13, 2022
Event Title: Supply Chain Digitalization Conference Conference Date: 17th – 18th October 2022 Event Type: Virtual Event Event Organizer: ptn events The Supply Chain Digitalization Conference organized by ptn…
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.
ProcurePort
JUNE 14, 2022
• Businesses that deal with multiple vendors face a tough balancing act to optimize their procurement operations. They have to ensure that procurement costs are reasonable and that vendors meet expected quality standards. • Vendor management is an art that requires both policy-level measures as well as agility to adjust to emerging issues. Proper vendor […].
ivalua
JUNE 13, 2022
The post Procurement Metrics that Matter in 2022: Global Survey of CPOs appeared first on Ivalua.
Procurement Leaders
JUNE 13, 2022
Challenge. Procurement teams can have all the right people, skills, systems and processes in place, but without the right connections and relationships with the rest of the business the function can still fail to meet its potential and deliver against the needs of the wider organisation. That was a challenge identified by the procurement team at the electronics division of Philip Morris International (PMI).
Supply Chain Brain
JUNE 17, 2022
Last-mile deliveries often represent the most difficult aspect of supply chain management.
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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.
ProcurePort
JUNE 13, 2022
ProcurePort was named a Solution Leader in the e-Sourcing and Supplier Management Category in Spend Matters’ Spring 2022 SolutionMap, where it competed with 67 other procurement technology providers. Spend Matters reaches a global audience of procurement professionals and provides coverage of procurement software and services vendors across the source-to-pay spectrum.
Supply Chain Game Changer
JUNE 11, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Offline Marketing in the Modern Age! When it comes to marketing your business, brochures are a great way to get the word out. They provide potential customers with all the information they need to know about what you have to offer. But what is a brochure, and how can you create one that will generate interest in your products or services?
The Network Effect
JUNE 17, 2022
The post 8 Key Strategies Leading Automotive OEMs and Suppliers Plan to Deploy appeared first on The Network Effect.
Supply Chain Brain
JUNE 15, 2022
In a race to fortify their supply chains, leading manufacturers are realizing value from digital transformation beyond the factory floor.
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?
The Thomas Blog
JUNE 15, 2022
Chances are you’re already using LinkedIn to keep an up-to-date roster of contacts, check out what connections are up to, scout out potential hires, and send messages. This powerful tool serves as much more than a social network or recruiting outlet, though — it can play a major role in generating leads and sales for your industrial company. There are a few steps for you to benefit from using LinkedIn to connect with people in their industry, so we wanted to lay out a few tips on how to get star
Spendesk
JUNE 17, 2022
Accrual accounting offers a valuable way for companies to measure and show their finance health. Bookkeepers can account for both paid transactions and outstanding liabilities, which is more accurate than simply relying on the cash in your bank account.
EazyStock
JUNE 16, 2022
As global supply chains become more complex, disruption in one link in the chain can significantly impact other areas. Having systems and processes in place to reduce the possibility and subsequent impact of supply chain issues is extremely important. Advancing technologies, such as artificial intelligence and machine learning, make connectivity and supply chain visibility easier.
Supply Chain Brain
JUNE 14, 2022
Buying land is a major shift for Amazon, which historically relied on a handful of developers to find property, build fairly simple warehouses and rent them back to the company. Now, Amazon is increasingly taking parts of the development process in-house — often bidding against long-time partners for the best space.
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
ContractSafe
JUNE 15, 2022
It shouldn’t be easier to find the answer to ‘Who is the smartest person in the world?’ than it is to find a certain piece of data in a contract. Unfortunately, for many tasked with managing an organization’s contracts, this is the case — even for those using contract management software.
Spendesk
JUNE 15, 2022
Travel and expenses are essential to operations and growth for businesses of all sizes. But how do companies determine what are acceptable business expenses –or the contrary? Here’s where official travel and expense policies come into play.
Positive Purchasing
JUNE 15, 2022
Dr Deborah Hemming, of the Met Office, explores climate change and its likely impact on procurement and supply functions. This includes the effects on food supply, the underdeveloped world, farming, and how technology and people can adapt to the future. Climate change is a huge topic. But what does it mean for our future supply chains? Recent reports by the Intergovernmental Panel on Climate Change (IPCC) have shown – unequivocally – that human influence has warmed the global climate and that e
Supply Chain Brain
JUNE 13, 2022
Weeks ago, Moe Vela was saying that cryptocurrencies, contrary to claims by many crypto enthusiasts, were not a viable hedge against inflation. Recent events have served to prove him right.
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.
The Good Spending
JUNE 15, 2022
Industrial buying has been subjected to research for over half-century. Instead of looking at the act of buying as a spontaneous event, researchers viewed it as a series of patterns explained by the nature of actors, demands, and relationships. Buygrid Framework: An introduction to industrial buying theory The Buygrid Framework (1967) classical procurement theory analyzes the industrial (B2B) buying behavior and business processes.
Skill Dynamics
JUNE 15, 2022
Being ethical means being in accordance with the rules or standards for right conduct or practice, especially the standards of a profession. Ethics play a major role in procurement and with the increasing use of technology and consumer behavior changes, it’s something to take seriously as an organization. An example of how ethics comes into play in procurement is in supplier selection, evaluation, negotiation and ultimately awarding business.
Arkestro
JUNE 14, 2022
Arkestro is the leading Predictive Procurement Orchestration platform, and now it’s about to undertake the next stage in its growth story. The company is pleased to announce that it has successfully landed Series A funding of $26 million. . This round of funding was led by NEA , Construct , Koch Disruptive Technologies (KDT) and Four More Capital , a division of Henry Crown & Company.
Supply Chain Brain
JUNE 17, 2022
A U.S. shortfall of tampons isn't as acute as it may seem anecdotally. Still, product availability has been an issue in some areas.
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