Una
DECEMBER 20, 2022
Hiring for Procurement in the Project Economy. By Hugo Britt | December 20, 2022. The shift to the project economy has been so subtle that perhaps you haven’t noticed it happening. But the reality is that project-based organizational structures are replacing top-down, role-based hierarchies in businesses of every size. Ask yourself if you’ve noticed any of the following trends in your workplace.
Procurement Tactics
DECEMBER 19, 2022
33 Procurement Interview Questions in 2022. Download Whitepaper →. . Or receive our famous weekly newsletter. How To Negotiate With A Business Partner. If you own a business, you’d know how hard it is to handle everything. You have to find the capital, manage employees, and keep track of profits. This is one good reason to get a deal with a business partner.
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ContractSafe
DECEMBER 20, 2022
Contract lifecycle management isn’t a great dinner party topic. But the success of your business could depend upon doing it well.
All Things Supply Chain
DECEMBER 19, 2022
The days are getting shorter, the nights longer (in the northern hemisphere) and Christmas is practically upon us.
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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.
ivalua
DECEMBER 20, 2022
Redwood City, CA, December 20, 2022. Ivalua, a global leader in spend management , today announced that Hillenbrand, Inc. (NYSE: HI), a global industrial company, has selected Ivalua to centralize its supplier communication, contract data, and help consolidate best-in-class procurement processes. Hillenbrand required a platform to centralize supplier communication, contract data, and support its growth while providing the basis for future scalability into Procure-to-Pay (P2P).
Procurement Tactics
DECEMBER 21, 2022
33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. Financial Supply Chain — The Ultimate Guide of 2023. Supply chain collaboration is definitely new to many newcomers in the supply chain industry. It may be an overused term in the supply chain but still confuses a lot of people. . In this article, we will discuss what supply chain collaboration is.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Procurement Bulletin
DECEMBER 17, 2022
How to Minimize Price Increases. Unless you’re Walmart, most businesses wouldn’t be able to tell their suppliers to “just don’t raise prices” So, what can you do? Here’s a few tips for minimizing those sneaky and not-so sneaky price increases for your products. A Penny for Your Copper? Apparently copper was feeling left out of the supply chaos happening around the world and wanted to get in on the action.
Strategic Sourceror
DECEMBER 20, 2022
It's difficult to pinpoint the most important department when it comes to everything that goes on in the warehouse but a case can be made for fulfillment. During the pandemic, when lockdown measures created staffing shortages just as demand for consumer goods skyrocketed, fulfillment was overwhelmed with orders, creating shipping delays that persisted for months.
Procurement Tactics
DECEMBER 20, 2022
33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. Contract Lifecycle Management Software — The Ultimate Guide of 2023. Integrating contract lifecycle management software is one of the best ways to manage contracts in a company. However, what is it? In this article, we will discuss what contract lifecycle management software is.
Supply Chain Brain
DECEMBER 21, 2022
Uncommon Goods can experience sales spikes during its typical six-week peak period of up to 10 times the average volumes in Q1 and Q3, and typically does two-thirds of its business in Q4.
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.
Una
DECEMBER 20, 2022
How to Bring More Spend Under Management. By Hugo Britt | December 22, 2022. Pocurement professionals apply the term spend under management to measure and communicate their team’s impact on the organization at large. While the definition can vary, it’s generally defined as the percentage spend that falls under procurement’s management. Some organizations define SUM as any spending that leverages preferred supplier contracts.
Strategic Sourceror
DECEMBER 22, 2022
Maine's official nickname may be the Pine Tree State, but given its proximity to the coast and its abundance of sea life, it might as well be called the Lobster State. Employing an estimated 5,600 independent lobstermen, harvesting over 100 million pounds of the crustacean annually and contributing over $1 billion to the state's economy per year, according to industry data, the nation's lobster supply chain largely runs through Maine.
Supply Chain Dive
DECEMBER 22, 2022
The adjustments are due to a planned change in a customer's business, according to a spokesperson, and the affected facilities will remain open.
Supply Chain Brain
DECEMBER 19, 2022
Intelligent prediction is more important than ever in enabling our vastly complex supply chains to operate in real time and deliver on customers’ needs.
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
Una
DECEMBER 20, 2022
Episode 95: All Eyes on China - the Human Side of Current Events with Kris Lance. By Kelly Barner | December 21, 2022. In 2022, the world read news headlines that included skyrocketing energy costs, the horrors of war, rising food insecurity, complex economic troubles, and more. While the issues at the heart of these stories differed greatly, they all have one thing in common: human impact.
SCMR (Supply Chain Management Review)
DECEMBER 22, 2022
At the operational level, regional supply chains could replace traditional global supply chains. But is friend-shoring so easy to implement? Probably not, but it is certainly worth evaluating.
Supply Chain Dive
DECEMBER 21, 2022
Geopolitical conflicts, strike threats and weather-related disasters forced businesses to yet again adjust operations.
Supply Chain Brain
DECEMBER 22, 2022
Winter is upon us, and with the arrival of cold weather, rising energy prices, and oil and gas supplies being impacted by geopolitical tensions, businesses once again face potential supply chain challenges.
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.
Spend Matters
DECEMBER 23, 2022
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
SCMR (Supply Chain Management Review)
DECEMBER 17, 2022
On this episode, we catch up with Rosemary Coates, host of the Frictionless podcast, and an expert on global supply chain management. SCMR’s Editorial Director Bob Trebilcock hosts.
Supply Chain Dive
DECEMBER 20, 2022
The Surface Transportation Board will decide a final rate in small disputes unless all seven Class I carriers agree to opt into a voluntary arbitration program.
Supply Chain Brain
DECEMBER 19, 2022
The next stage of development will see it spooled up using 100% sustainable aviation fuel, a kerosene replacement that’s set to play a key role in cutting net emissions in coming few years.
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Spend Matters
DECEMBER 20, 2022
Categories: Industry News , Procurement Strategy & Planning , Procurement Systems & Architecture , Solution Providers Tags: EU , mergers and acquisitions On December 12, 2022, Coupa announced that it had entered into an agreement with Thoma Bravo to be acquired. This article serves to take a high-level look back at Coupa’s life as a company thus far, with links to our previous coverage, as well as to provide a brief analysis of its time as a public company.
SCMR (Supply Chain Management Review)
DECEMBER 23, 2022
In this special digital edition from Supply Chain Management Review, we’re bringing together the best of our recent stories on procurement, which we hope you’ll find useful as you take your procurement team into the future.
Supply Chain Dive
DECEMBER 20, 2022
Shortages gave way to excess this year. Here’s how businesses pivoted in the face of declining consumer demand and easing supply chain congestion.
Supply Chain Brain
DECEMBER 19, 2022
t’s highly likely that warehouses will more actively embrace automation technologies in 2023 to manage tight labor markets, increase inventory capacity and expand visibility into their supply chain operations. .
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.
Spend Matters
DECEMBER 19, 2022
Categories: Best Practice , Commentary , Procurement Strategy & Planning Tags: Insights Series , PRO 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
SCMR (Supply Chain Management Review)
DECEMBER 19, 2022
For manufacturing, ISM is estimating a 5.5% revenue gain in 2023, falling short of its 6.5% estimate from its predecessor report in May and its 9.2% 2022 growth rate. ISM member panelists are calling for 2023 services-based economy revenues to see a 3.1% gain in 2023, topping 2022’s 2.1% gain, which fell short of May’s 4.9% estimate.
Supply Chain Dive
DECEMBER 18, 2022
Officials said the threat of a fee contributed to a 92% decline in lingering cargo since the program was announced last October.
Supply Chain Brain
DECEMBER 18, 2022
Proactive pandemic management strategies are an investment in business viability and supply chain resilience, and also enhance business operational capabilities.
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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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