Sat.Jun 11, 2022 - Fri.Jun 17, 2022

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Everything You Need to Know About the Infant Formula Supply Chain Shortage

All Things Supply Chain

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.

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What Steps Are Included in the Procurement Process to Ensure Quality?

ProcurePort

• 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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How to get a job in procurement

ABC of Procurement

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.

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Mitigating Risks and Future-proofing the Supply Chain

ivalua

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.

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7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.

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12 Supply Chain Influencers you should follow on social media

All Things Supply Chain

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…

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How to write an RFP: 5 key tips, sample RFP templates and tools

RPF360

Writing a RFP is a key business practice that allows issuers to identify the right vendor to solve their biggest challenges. But creating an effective RFP is no easy task. Fortunately, there are best practices you can follow. The post How to write an RFP: 5 key tips, sample RFP templates and tools appeared first on RFP360.

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Supply Chain Innovation + Automation: How Körber is Positioning Procurement for the Future

ivalua

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. .

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Supply Chain Weekly Wrap-Up 06/10/2022-06/16/2022

All Things Supply Chain

Biden pushes for shipping reform amid rising costs During his visit to the Port of Los Angeles, President Joe Biden called for the Ocean Shipping Reform Act of 2022 to…

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High Speed 2’s approach to building supply chain transparency

Procurement Leaders

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

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How to Deal with Vendor Issues

ProcurePort

• 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 […].

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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Six Ways Blockchain Is Bolstering Supply Chains

Supply Chain Brain

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.

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Event Preview: Supply Chain Digitalization Conference by ptn events

All Things Supply Chain

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…

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PMI’s approach to collaborating cross-functionally to transform its new product strategy

Procurement Leaders

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).

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Spend Matters Names ProcurePort a Solution Leader in the Spring 2022 Procurement Technology SolutionMap Rankings

ProcurePort

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.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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Procurement Metrics that Matter in 2022: Global Survey of CPOs

ivalua

The post Procurement Metrics that Matter in 2022: Global Survey of CPOs appeared first on Ivalua.

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Crypto Is No Hedge Against Inflation, Says One Crypto Cheerleader

Supply Chain Brain

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.

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Catch Your Market With These Effective Brochure Design Tips!

Supply Chain Game Changer

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?

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8 Key Strategies Leading Automotive OEMs and Suppliers Plan to Deploy

The Network Effect

The post 8 Key Strategies Leading Automotive OEMs and Suppliers Plan to Deploy appeared first on The Network Effect.

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Supply Chain Orchestration: A New Era in Supply Chain Management

When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.

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4 Steps to Expanding Your Industrial Network on LinkedIn

The Thomas Blog

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

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Amazon Is Building a Property Empire, Quietly Buying Land Across the U.S.

Supply Chain Brain

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.

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Accrued expenses: how to use accrual accounting to measure company spend

Spendesk

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.

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Artificial intelligence and machine learning in supply chain management

EazyStock

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.

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

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Ask and You Shall Receive: Find What You Need in Any Contract

ContractSafe

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.

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Railroad, Union Labor Fight Moves Toward Emergency Intervention

Supply Chain Brain

Major railroads, including Union Pacific and BNSF, and their unions remain at an impasse after a government board ended efforts to mediate a settlement, a move which will likely force President Biden’s administration to intervene.

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The complete guide to company travel & expense management

Spendesk

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.

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How climate change will affect our supply chain

Positive Purchasing

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

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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Small Sustainability Changes to Make a Mighty Impact with Sustainability & ESG Senior Leader, Simon King – Episode 58

Procurement Talk with David Byrne

Listen in Apple Podcasts Listen in Spotify Listen in Google Podcasts Episode show notes “How do you make sure that sustainability is not a compliance play, it’s not a nice-to-do and a tick box? Put it right in your business strategy.” From Simon King’s eventful early career, to his hugely … Continued. The post Small Sustainability Changes to Make a Mighty Impact with Sustainability & ESG Senior Leader, Simon King – Episode 58 appeared first on Talent Drive.

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How Manufacturers Are Building Resilience in the Shortage Economy

Supply Chain Brain

In a race to fortify their supply chains, leading manufacturers are realizing value from digital transformation beyond the factory floor.

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The New Look on Industrial Buying

The Good Spending

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.

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Single Master Data Source of Truth – Costas Xyloyiannis from HICX

The Procuretech Podcast

This week, we're going to be talking again about that little devil that keeps cropping up - data. . I'm speaking to Costas Xyloyiannis, CEO of HICX, a company that takes a slightly different approach to data. Today we’re talking about what he thinks is the safest way to get clean data in your organisation. Before we dive into the specifics of what makes his approach to data so different, I start off by asking Costas to explain Hicx in a nutshell.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr