Sat.Nov 12, 2022 - Fri.Nov 18, 2022

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Supply Chain Weekly Wrap-Up 11/11/2022-11/18/2022

All Things Supply Chain

Ukraine says Grain Deal will be Extended Following a United Nations brokered deal, to allow exports of Ukrainian grain from the Black Sea, is set to be extended by a…

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CPO Spotlight: Ketal Patel

Procurement Heads

For Procurement Heads ‘ latest CPO Spotlight, he spoke with Rupert Gaster about the various categories he has managed during his extensive career and how he and his team have shown procurement’s worth to the business during one of its busiest ever periods. Unlike some people, my career in procurement started by pure luck. I wanted to move to London having studied in Birmingham and lived there for a few years, a friend worked at United Biscuits and had an opening in the procurement function

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Raqmiyat Partners with Ivalua to Digitalize the Procurement Function of Organizations in the UAE & KSA

ivalua

UAE-based System Integrator and Digital Enabler will be a partner for Ivalua’s eProcurement solution in the United Arab Emirates and Saudi Arabia. Dubai, UAE, 15 November 2022. Raqmiyat , a leading system integrator and digital enabler, is pleased to announce the partnership with Ivalua , a global leader in spend management. This partnership is to enable the eProcurement digitalization of an increasing number of organizations in the Middle East, whose digitalization efforts continue to be largel

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Sustainable Manufacturing — Everything You Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. Sustainable Manufacturing — Everything You Should Know. Sustainable manufacturing is gaining popularity as a growing number of manufacturers are realizing its substantial financial and environmental benefits. However, what is sustainable manufacturing?

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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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What is a procurement manager? Role, responsibilities, challenges and resources

RPF360

What does it mean to be a procurement manager? This valuable role is growing in strategic importance for many businesses. Explore the procurement manager role, responsibilities and challenges. Then, learn even more with engaging professional networks and helpful career development resources. The post What is a procurement manager? Role, responsibilities, challenges and resources appeared first on RFP360.

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Futureheads: Sebastian Ambaye

Procurement Heads

Sebastian is Procurement and Supply Chain Manager at leading management consultancy Baringa and for Procurement Heads ‘ first Futureheads profile he spoke with James Dobbin , Director and Head of Practice for our Financial & Professional Services offering, about how his procurement journey began. You were recently recognised in the CIPS Excellence in Procurement Awards for 2022, what was it like to be named as a Young Talent for these prestigious awards?

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Retail Supply Chain — Everything You Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. Retail Supply Chain — Everything You Should Know. Retail supply chains around the world are under intense pressure due to global disruptions. However, what is the retail supply chain? This article will discuss what a retail supply chain is.

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RFP360 named a Value and Customer Leader – Spend Matters Fall 2022

RPF360

Spend Matters has recognized RFP360 as a strategic sourcing value leader in their Spring 2022 SolutionMap evaluation. The RFP management system features RFP automation, RFP process workflows and more making it a powerful request for proposal tool. Read more about the evaluation and results in this press release. The post RFP360 named a Value and Customer Leader – Spend Matters Fall 2022 appeared first on RFP360.

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How to have A Successful Impact In A New Procurement Role

Procurement Heads

You will have to adapt to new systems, and processes and chances are you will have a culture shock. Having a flexible attitude and being able to demonstrate a desire to be a part of the business’s success will be beneficial to make that positive start. Everyone has a 90-day plan and often you will find it goes out the window. All your well-made plans will be changed as you imbed yourself into the company projects and requirements so it is good to keep the following in mind – Comprehe

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Ivalua Receives ISO 27001 Certification for its Management System Supporting the Commercial Cloud

ivalua

Redwood, CA, 15 November, 2022. Ivalua, a global leader in spend management , today announced that it has received the ISO 27001 certification for its Information Security Management System (ISMS) supporting the commercial cloud service. ISO 27001 is one of the most widely recognized and internationally accepted information security standards. It identifies requirements for a comprehensive ISMS, and defines how organizations should manage and handle information in a secure manner, including appr

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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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Procurement Amazon — Everything You Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. Procurement Amazon — Everything You Should Know. Amazon is one of the most known brands in the world and the fourth tech company to reach the $1 trillion market capital value. As one of the largest companies in the world, you may wonder how it does its procurement.

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What are the 7 Stages of Procurement

Procurement Templates

What are the 7 stages of procurement? These are the 7 important steps in the procurement process: Step 0: Defining the need Step 1: Request to purchase Step 2: Pre- sourcing Step 3: Procurement process. Step 4: Evaluation and contract. Step 5: Contract management. Step 6: Invoice approvals and disputes. Step 7: Record Keeping, review requirements – one off or recurring.

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CPO Spotlight: Ketal Patel

Procurement Heads

For Procurement Heads ‘ latest CPO Spotlight, he spoke with Rupert Gaster about the various categories he has managed during his extensive career and how he and his team have shown procurement’s worth to the business during one of its busiest ever periods. Unlike some people, my career in procurement started by pure luck. I wanted to move to London having studied in Birmingham and lived there for a few years, a friend worked at United Biscuits and had an opening in the procurement function

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CXO Panel at COP27 with Unilever, Siemens, Vodafone, Danone, and Sheri Hinish on Sustainable Agriculture + Technology

Supply Chain Queen

Climate policy is good economic policy and a strong foundation for durable, resilient, inclusive economic growth. Sharing this PoV on innovation in private sector in food and agriculture LIVE from COP27. Thank you for sharing esteemed panelists herein and looking forward to continued and collective progress Hanneke Faber, President, Unilever Global Nutrition Henri Bruxelles, Chief.

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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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RFI VS RFP — Everything You Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. RFI VS RFP — Everything You Should Know. Both the request for information (RFI) and the request for proposal (RFP) are often confused with one another. However, they have their own use, especially in business. . This article will discuss what RFI and RFP are.

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Pareto Rule & Procurement

Procurement Templates

The Pareto principle states that for many outcomes, roughly 80% of consequences come from 20% of causes. Other names for this principle are the 80/20 rule, the law of the vital few, or the principle of factor sparsity. Quite simply the Pareto rule is to concentrate 80% of your spend time and effort in 20% of your suppliers, or if you are able to be even more efficient aim for 90% of your spend in the top 10 suppliers.

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How to have A Successful Impact In A New Procurement Role

Procurement Heads

You will have to adapt to new systems, and processes and chances are you will have a culture shock. Having a flexible attitude and being able to demonstrate a desire to be a part of the business’s success will be beneficial to make that positive start. Everyone has a 90-day plan and often you will find it goes out the window. All your well-made plans will be changed as you imbed yourself into the company projects and requirements so it is good to keep the following in mind – Comprehe

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The Battery Supply Chain Is Finally Coming to America

Supply Chain Brain

Redwood Materials Inc., the battery recycling company, has reached a deal to supply Panasonic with billions of dollars in critical battery components that will be produced in the U.S. for the first time. .

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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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Sustainable Packaging — Everything A Professional Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. Sustainable Packaging — Everything A Professional Should Know. Sustainable packaging is being adopted by many companies as many customers prioritize sustainability when making purchasing decisions nowadays. However, what is the point of having sustainable packaging?

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NFT Social Media Management for Twitter!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Non-Fungible Token (NFT) Overview! If you are like most investors in today’s marketplace, you want to try to get as much value as possible out of every investment, whether it’s an NFT or something else that you are investing in. There are lots of different social media management strategies and services out there.

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Futureheads: Sebastian Ambaye

Procurement Heads

Sebastian is Procurement and Supply Chain Manager at leading management consultancy Baringa and for Procurement Heads ‘ first Futureheads profile he spoke with James Dobbin , Director and Head of Practice for our Financial & Professional Services offering, about how his procurement journey began. You were recently recognised in the CIPS Excellence in Procurement Awards for 2022, what was it like to be named as a Young Talent for these prestigious awards?

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The New Supply Chain Mindset: From Just-in-Time to Just-In Case

Supply Chain Brain

The new generation of consumers is changing demand patterns, making them more unpredictable than ever before.Succeeding under these conditions begins with three simple changes.

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The Ultimate Guide to Transportation and Load Building Optimization

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.

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J&J Snack Foods taps NFI for managed logistics

Supply Chain Dive

After facing higher fuel costs year-over-year the food distributor expects “$2 million to $4 million of opportunity” by moving its logistics management with the 3PL.

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Supply chain challenges prompting restaurants to reduce their hours

Strategic Sourceror

The intimate nature of the restaurant business — both for diners as well as for staff — made it the industry that was (arguably) the hardest hit during the COVID crisis. The mitigation measures dining establishments were forced to impose, like social distancing and use of face masks, created massive supply chain and operational challenges for all involved — many of which continue to this day.

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How to Close the Planning & Execution Automation Gap

Supply Chain Trend

There was a lot of interest and commentary on my last post on the Automating of Routine Collaborative Decisions in S&OE. So much that I decided to do a webinar with my colleguae Ruan Van Vuuren. Especially the below schematic got a lot of reactions. It shows for a large global beverage business, what decisions could be automated in the S&OE horizon.

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How Supply Chain Partners Can Eliminate Driver App Fatigue

Supply Chain Brain

Professional truck drivers are experiencing app fatigue, the growing exhaustion of too many mobile applications available at their fingertips. .

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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.

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Episode 91: Centralizing the Process for Buying Technology with David Campbell

Una

Episode 91: Centralizing the Process for Buying Technology with David Campbell. By Kelly Barner | November 16, 2022. Procurement teams may talk about technology spend as an isolated category, but it actually encompasses a very broad range of products and platforms. When procurement is thinking big picture about technology – and cloud software in particular – the value generated can go way beyond just savings, including the mitigation of external risk.

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4 Changes Freight Brokers Must Make to Remain Competitive

Let's Talk Supply Chain

We learned an important lesson in 2022 – The industry is changing, and we need to change with it. More now than ever, brokerages understand the importance of strategic planning and positioning themselves to handle whatever comes next. Make 2023 the year you start booking freight more effectively and efficiently by making these four changes to remain competitive. 1.

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New and Noteworthy Categories on Thomasnet.com for November 2022

The Thomas Blog

Since industry is constantly growing and evolving, Thomasnet.com ® is too. Our platform has over 75,000 categories of products and services, from alloy to zinc, from which professionals like you can source. And thanks to our industry specialists, we are constantly researching and adding to our platform with new supplier categories to help you keep up with current market trends. 1.

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Sustainable Supply Chains Must Be AI-Backed

Supply Chain Brain

Companies face the daunting task of trying to track every product, which represents a massive technology challenge that only artificial intelligence and machine learning can remedy. .

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The Evolution of Control Towers to Command Centers

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.