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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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.
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.
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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…
RPF360
JUNE 16, 2022
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.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
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…
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 […].
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.
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 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.
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.
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
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 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.
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
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.
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.
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.
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Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.
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 15, 2022
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.
Procurement Talk with David Byrne
JUNE 15, 2022
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.
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.
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.
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.
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.
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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.
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