Sat.Dec 24, 2022 - Fri.Dec 30, 2022

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The top 23 procurement technology tools for 2023

RPF360

Procurement technology includes a range of interesting solutions including contract management, data sources, RFP management systems, spend analytics and more. Explore our favorite procurement technology solutions in this blog. The post The top 23 procurement technology tools for 2023 appeared first on RFP360.

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What Is Multiparty Negotiation?

Shapiro Negotiations Institute

Often, when we talk about negotiation, we do so in reference to two parties collaborating to find a common solution. Though this is certainly the nature of some negotiations, many times, negotiators have to deal with more than one other person. Multiparty negotiations are exceedingly common, and it is important to understand them if you wish to be a successful negotiator.

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Tips To Primarily Consider For Enhancing A Procurement Process

Procurement Freelancers

Is your procurement division prepared for the difficulties that lie ahead? When the only certainty… The post Tips To Primarily Consider For Enhancing A Procurement Process first appeared on Procurement Blog | Procurement & Supply Chain News.

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Procurement Strategy Case Studies — 5 Insightful Examples

Procurement Tactics

33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. Procurement Strategy Case Studies — 5 Insightful Examples. Setting the appropriate strategy in procurement is the first step to improving control and effectiveness of the overall procurement and sourcing activities. However, not everyone knows where to start in their strategy. .

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From Reactive to Resilient: Charting Your Supply Chain Maturity

Learn strategies to develop supply chain maturity and save on costs. In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation. Discover actionable first steps to boost your operations and reduce costs.

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Marketing Procurement: Challenges and Best Practices

Planergy

Clients and results. More Customers. We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. Cristian Maradiaga. King Ocean. Book a Live Demo. Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend.

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Retailers clear inventory, automate in pursuit of supply chain normalcy

Supply Chain Dive

Ongoing promotional environments and cargo diversions are just a few of this year’s most notable supply chain trends.

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Achieving Supply Chain Sustainability With a Digitally Connected Workforce

Supply Chain Brain

“Smart” manufacturing can result in significant improvements in energy consumption, factory utilization and machine efficiency.

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New Year Insights for the procurement solutions and services marketplace 2023: Simfoni

Spend Matters

Categories: Best Practice , Commentary , Procurement Strategy & Planning Tags: EU , Insights Series For several years now, Spend Matters has been collecting and publishing a series of articles about predictions and insights on procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year is no different and we’ve framed the subject around “insights,” highlighting providers' observations from the year they’ve left behind and how the

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Here are the biggest supply chain stories of 2022

Supply Chain Dive

Fedex’s consolidation strategy and Amazon’s excess labor costs were just a few of the stories that piqued reader’s interests this year.

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Tender Declaration (staff template)

Procurement Templates

Declaration of Non‐Collusion: I, the undersigned, hereby declare that I understand and am aware that any [organisation] staff member who: Aids a potential supplier to [organisation] in fixing or adjusting the amount of their tender by or in accordance with any agreement or arrangement with themselves or any other person; or. Communicates to any potential supplier to [organisation] or to any person outside the [organisation] the amount or approximate amount of allocated budget or previously obtai

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The 2nd Generation of Innovation Management: A Survival Guide

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?

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Data: The Secret Weapon for E-commerce Merchants

Supply Chain Brain

Following are the most significant challenges that the global e-commerce industry will face in 2023, and how to overcome them.

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New Year Insights for the procurement solutions and services marketplace 2023: The Smart Cube

Spend Matters

Categories: Best Practice , Commentary , Procurement Strategy & Planning Tags: EU , Insights Series For several years now, Spend Matters has been collecting and publishing a series of articles about predictions and insights on procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year is no different and we’ve framed the subject around “insights,” highlighting providers' observations from the year they’ve left behind and how the

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Warehouse Automation Definition, Benefits and Issues

SCMDOJO

Warehouse automation is an increasingly popular way to maximize efficiency and accuracy in warehouse operations. It can streamline processes, reduce errors and costs, help manage inventory, and improve safety conditions for workers. In this guide, you will learn how it works, its benefits, and how to get started with it. For a warehouse to work efficiently and profitably, many vital tasks need attention, and the Warehouse Management System (WMS) is one of them.

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Extension Letter

Procurement Templates

Extension letter template. FAO: [Insert Contact Name from Notice Provisions of Contract] [Contactor’s Company Name] [Contractor’s Company Address] [insert date] Dear Sirs, Extension of [insert title of Agreement] between organisation] and [insert Contractor’s Company name] dated [insert date of contract] [include the words ‘(as amended) ’ here if the Agreement has been amended/extended previously] (the “Agreement”).

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

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.

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Why Container Shipping Needs Digital Standards to Support Global Trade

Supply Chain Brain

There’s a pressing need for shipping data to be digital and standardized.

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New Year Insights for the procurement solutions and services marketplace 2023: HICX

Spend Matters

Categories: Best Practice , Commentary , Procurement Strategy & Planning Tags: EU , Insights Series For several years now, Spend Matters has been collecting and publishing a series of articles about predictions and insights on procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year is no different and we’ve framed the subject around “insights,” highlighting providers' observations from the year they’ve left behind and how the

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Enterprise-centered and customer-centered blockchains in supply chains

SCMR (Supply Chain Management Review)

A revival of blockchain technology in supply chains might be coming soon.

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Seeking new paths, shippers look to East Coast

Strategic Sourceror

Where do the goods customers order come from? In the past, U.S. stores have largely been stocked by supply chains that flow through the West Coast. However, the early days of the COVID-19 pandemic highlighted some of the weaknesses of the existing system. Delays at ports have been some of the most significant and most persistent supply chain stories throughout the pandemic.

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Freight Procurement Simplified: Bids from Hours to Minutes

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

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Making International Logistics Sustainable: The Dry Port Concept

Supply Chain Brain

The best approach to encouraging intermodal transportation in the hinterland is through the dry port concept.

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New Year Insights for the procurement solutions and services marketplace 2023: Keelvar

Spend Matters

Categories: Best Practice , Commentary , Procurement Strategy & Planning Tags: EU , Insights Series For several years now, Spend Matters has been collecting and publishing a series of articles about predictions and insights on procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year is no different as we’ve framed the subject around “insights,” highlighting providers' observations from the year they’ve left behind and how the

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Why operational context matters: Realizing the full potential of supply chain resilience surveys

SCMR (Supply Chain Management Review)

As supply chains become more complex and nuanced, surveys about their performance have to keep up to develop strategies that counter disruptions. Here’s a straight-forward, two-step process for turbo-charging survey data and building back resilience.

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What Is the Resistance Point in Negotiation?

Shapiro Negotiations Institute

Negotiations are complicated. No matter what your industry or position may be, you will likely encounter negotiations at some point. It is important for your career and for your company that you understand the minutiae of negotiation so that you can properly execute the negotiation process when the opportunity arises. Listening and understanding the other party ’ s perspective is a large part of negotiating.

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.

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Supply Chain Deserves a Spot at the C-Suite Table

Supply Chain Brain

Companies must incorporate supply chains into their strategies not only as an opportunity to cut costs, but also as a competitive differentiator.

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How Low-code Accelerates Digital Transformation

Pipefy

Low-code application development looms large on the horizon for anyone focused on the future of business. This new focus is justified: Gartner expects 70% of new applications developed by enterprises to use low-code or no-code technologies by 2025. The prominence of low-code development is also evident in projections involving market growth. By one estimate , worldwide revenue for low-code platforms will almost quadruple between 2020 and 2025, from 12.85B to 47.31B USD.

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Nearshoring apparel production to Central America on the Frictionless Podcast

SCMR (Supply Chain Management Review)

Rosemary Coates and CBX Global's Annie Paredes discuss nearshoring to Honduras on this episode.

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Last-mile Delivery Infrastructure and Tactics

Solvoyo

Global Automotive Manufacturer The automative manufacturer used an analytics platform to optimize last-mile delivery infrastructure and tactics. The post Last-mile Delivery Infrastructure and Tactics appeared first on Solvoyo.

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

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.

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In 2023, Staffing Shortages Will Remain a Flash Point for Supply Chains

Supply Chain Brain

The new year is sure to bring new challenges for logistics providers and retailers. Here are four thoughts on what the industry can expect to see in 2023.

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[Pod] Three Authors Featured on The Sourcing Hero Podcast w/ Simon Horton, Tim Hughes and Jonathan O’Brien

Art of Procurement

In addition to being the Head of Content and Brand Partnerships at Art of Procurement, Kelly Barner is also the. The post [Pod] Three Authors Featured on The Sourcing Hero Podcast w/ Simon Horton, Tim Hughes and Jonathan O’Brien appeared first on Art of Procurement.

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The Rebound Podcast: Say goodbye to 2022

SCMR (Supply Chain Management Review)

On the last podcast of the year, hosts Abe Eshkenazi and Bob Trebilcock discuss the trends that shaped the last year in supply chain. It was better than you think.

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314: Breaking Through Business Borders: Broaden Your Reach, with Lean Solutions Group

Let's Talk Supply Chain

Today I’m joined by Lean Solutions Group , a super-successful business service provider that’s using its impressive suite of solutions to make scaling simple. Lean Solutions Group is a nearshore and offshore services provider with a highly scalable and flexible workforce of 7,000 employees with operations at seven satellite offices in Colombia, Guatemala, and the Philippines.

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How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

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.