Managing Returns: 5 Factors to Review Before Implementing Your Returns Strategy
All Things Supply Chain
AUGUST 29, 2022
Your eCommerce returns policy is critical to convincing consumers to click the Buy button.
Sat.Aug 27, 2022 - Fri.Sep 02, 2022
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Procurement vs. purchasing vs. sourcing differences
RPF360
SEPTEMBER 1, 2022
When you’re buying for your business, what do you call it? It seems like an easy question, but there are a lot of terms that refer to this process. On the surface, they all seem to mean the same thing. Some call it procurement. Others say purchasing. And, still others call it sourcing. Knowing [.]. The post Procurement vs. purchasing vs. sourcing differences appeared first on RFP360.
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How AI Technology Can Improve Inventory Management
Supply Chain Brain
SEPTEMBER 2, 2022
There’s a pressing need to make inventory management more flexible, resilient and stable. Many companies are turning to artificial intelligence as a solution.
[Pod] Procurement 6 – September 02, 2022
Art of Procurement
SEPTEMBER 2, 2022
Procurement 6 is a new short podcast from Art of Procurement that will be published in the Art of Procurement. The post [Pod] Procurement 6 – September 02, 2022 appeared first on Art of Procurement.
GEP Spend Category Outlook Report 2025
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.
Automakers race to build EV battery supply chains in North America
Supply Chain Dive
SEPTEMBER 2, 2022
Auto companies are pouring billions of dollars into new facilities and supplier agreements as they strain to secure needed raw materials.
Cost Savings vs Cost Avoidance — 3 Crucial Differences
Procurement Tactics
SEPTEMBER 2, 2022
33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. Cost Avoidance vs Cost Savings — 3 Crucial Differences. Saving money is a good way to help the organization achieve its goal. With the additional savings, the organization can use it to purchase or invest in things that will make it develop more.
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
More Trending
An Introduction to Contract Management: How does it Work?
ProcurePort
SEPTEMBER 1, 2022
• If you’re looking for ways to manage spending and improve your profit base you cannot afford to overlook contract management. • You see, according to analysts from PricewaterhouseCoopers, effective contract management can save businesses up to 2% of their annual costs. And without an efficient contract management strategy, companies stand to lose 9.2% of […].
AI and ME – The Future of Technologically Assisted Decision Making
All Things Supply Chain
AUGUST 31, 2022
The conflict between the tried and tested and the new technology is something we encounter on a regular basis.
E-Invoicing — Everything You Should Know
Procurement Tactics
AUGUST 31, 2022
33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. E-Invoicing — Everything You Should Know. E-invoicing changes the way payments and billings in procurement are done. It has been around for a long time and now it gets the spotlight that it deserves. However, we are sure that not all of you know about this.
Head2Head with Peter Aves
Procurement Heads
SEPTEMBER 1, 2022
Tell us a bit about your background. I am the Chief Finance and Operations Officer at Pool Re. I am now actually the longest-serving member of staff at Pool Re and have been here for 13 years. I am a chartered accountant, before joining Pool Re I had a number of roles, none of which were in insurance, I kind of fell into the role here. My main role here is primarily that of being a CFO, but one of the things I like about it here is that it is a fairly small business so we tend to have quite broa
5 Ways You Can Win Faster with Gen AI in Sales
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.
Analytics in Procurement: The Ultimate Guide in 2022
ProcurePort
AUGUST 31, 2022
• The use of data for decision-making has grown extensively over the last decade. Leaps in data use and data leverage are courtesy of new technological developments in spheres like cloud computing, big data, analytics, and automation platforms. • Procurement analytics simply relates to how organizations use big data in terms of procurement spend analytics […].
Can Blockchain Cut Its Ties to Cryptocurrency?
Supply Chain Brain
AUGUST 28, 2022
Does blockchain truly hold promise for creating a more efficient supply chain, or will it be dragged down by the lead weight known as Bitcoin? .
E-Procurement — Everything You Should Know
Procurement Tactics
AUGUST 30, 2022
33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. E-Procurement — Everything You Should Know. E-procurement has been adopted by many organizations as it simplifies the process of procurement. However, even if many people heard about it, many are still left wondering what it is. .
Amazon rolls out delivery route algorithm to reduce miles driven
Supply Chain Dive
AUGUST 31, 2022
The e-commerce giant has deployed its “CONDOR” program nationwide after introducing it in January.
From Reactive to Resilient: Charting Your Supply Chain Maturity
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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.
6 Smart Goals Examples for Procurement
ProcurePort
AUGUST 30, 2022
• Every organization aims to use its purchasing power to maximize value from its procurement undertakings. However, procurement is a complex undertaking with so many variables that affect the outcome. • The business must remain alive to competitor actions, the regulatory environment, market price changes, and even the political environment. Internally, there are issues such […].
Cybersecurity and Supply Chain Risk: Time for Action
Supply Chain Brain
AUGUST 28, 2022
Lone hackers, rogue nations and cybercrime syndicates have a big agenda in common: Alone or collectively, they can bring the global supply chain to its knees.
E-Tendering — Everything You Should Know
Procurement Tactics
AUGUST 29, 2022
33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. E-Tendering — Everything You Should Know. E-tendering is used by many companies as it helps them to find the best suppliers for upcoming purchases at the right price. But, how is e-tender done by professionals? In this article, we will talk about e-tendering and how it works.
What we have learned from the most severe supply chain cyberattacks this past year
Spend Matters
AUGUST 29, 2022
Categories: Sponsored Article , Supplier Management , supplier networks , Supply Chain Management Tags: Sponsored Article In the modern world of business, outsourcing has become increasingly popular due to its multitude of benefits; from cost-saving to accessing specialized skill sets and resources. Every major business is therefore likely to be part of a complex supply chain of third parties that depend on the delivery from one another.
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?
6 Key Components of Business Network Security!
Supply Chain Game Changer
AUGUST 27, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Avoiding these 6 Cybersecurity Tips Might Harm Your Business! Everything on the internet is interconnected. Despite some firms having barred others from gaining access to their networks through firewalls and authentication procedures, computer geniuses still find a way to get past these obstacles and penetrate seemingly ironclad cybersecurity network security infrastructures.
Bridgestone announces $550M plant expansion to meet demand for smart tires
Supply Chain Dive
SEPTEMBER 1, 2022
The expansion will pave the way for the company to scale production of tires equipped with RFID tags.
Negotiation Speaker 2022 – 10 Most Popular Experts
Procurement Tactics
AUGUST 29, 2022
33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. Negotiation Speaker 2022 – 10 Most Popular Experts. Many negotiation professionals attend seminars and conferences to be uplifted and learn new things in their profession through negotiation speakers. In this article, we will check some negotiation speakers that you can listen to and be inspired by their journey regarding negotiation. .
Episode 80: What is – and is NOT – in the Inflation Reduction Act with Kris Lance
Una
AUGUST 31, 2022
Episode 80: What is (and is NOT) in the Inflation Reduction Act with Kris Lance. By Kelly Barner | August 31, 2022. Business leaders and decision makers and constantly in a race to keep up with the pace of change. That includes the competitive landscape, economic trends, and new legislation. Case in point: The Inflation Reduction Act of 2022. Despite its name, legislators on both sides of the aisle agree that this law is not about reducing inflation.
GEP Outlook Report 2025
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
What Soft Skills Used in Healthcare Can Be Transferred to Business?
Supply Chain Game Changer
AUGUST 29, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 6 Ways Healthcare Professionals Can Prevent Occupational Hazards! A healthcare career is something that a lot of people feel drawn to. It’s a way of helping others that can be extremely rewarding. And it’s ideal for people who want to feel as though they are making a difference through the soft skills used in Healthcare.
Maersk abandons $1B sale of container business after DOJ investigation
Supply Chain Dive
AUGUST 30, 2022
Regulators were concerned that a sale to China International Marine Containers would have led to higher prices and less supply chain resiliency.
Honda, LG Set to Build $4.4 Billion EV Battery Plant in U.S.
Supply Chain Brain
AUGUST 29, 2022
Honda Motor Co. and South Korean battery maker LG Energy Solution Ltd. will spend $4.4 billion to build a new battery plant in the U.S. as the Japanese carmaker seeks to phase out fossil-fuel vehicles completely by 2040.
How Do GPOs Make Money?
Una
SEPTEMBER 1, 2022
What's a GPO and How Do GPOs Make Money? By Mackenzie Oakley | September 1, 2022. Group purchasing remains one of procurement’s best-kept secrets. Not because the concept is new, but because inaccurate, preconceived notions surrounding the concept of group purchasing still exist in the sourcing world today. Some procurement professionals are concerned that a group purchasing organization , or GPO, won’t be able to accommodate their unique requirements.
10 Ways to Leverage Buyer Signals and Drive Revenue
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.
Total Cost of Ownership Procurement Model Failure – What’s Missing?
Supply Chain Game Changer
AUGUST 30, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Single Point of Failure in Supply Chain – Semiconductor Fabrication! Many businesses use some form of Total Cost of Ownership model to support their Procurement and sourcing decisions. In fact these models are not just used casually, but they often are designed to inform and make optimal sourcing choices.
UPS peak surcharges to affect large shippers expecting strong holiday demand
Supply Chain Dive
AUGUST 29, 2022
The fee follows FedEx and the Postal Service announcing their own cost hikes.
Best Buy Says Supply-Chain Strains Are Improving Heading Into Fall
Supply Chain Brain
SEPTEMBER 1, 2022
Consumer-electronics retailer Best Buy added to the mounting signs of ample capacity and receding freight rates, with a note that transportation markets are “stabilizing and moderating” heading into the fall peak season.
285: Unlock the Power of Partnerships, with Cargo Chief and Hubtek
Let's Talk Supply Chain
AUGUST 28, 2022
Today I’m joined by Cargo Chief and Hubtek , not one but two leading technology companies, working in the transportation space, who often partner together to provide the best results for their customers. Cargo Chief enables 3PLs and freight brokers to expand their carrier network, gain visibility into real-time pricing, and streamline their processes.
Load Optimization: A Sustainable Way To Reduce Transportation Costs
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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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