Procurement Templates

FEBRUARY 13, 2024

Happy Valentines day, here is some procurement satire for February the 14th! Lack of Emotional Sensitivity: Procurement departments are typically focused on logistics, cost-effectiveness, and efficiency, which may not align with the emotional nuances and sentimentality of Valentine’s Day. Limited Creativity: Procurement professionals are trained to streamline processes and optimize resources, but they may lack the creativity needed to plan and execute romantic gestures and surprises effect

Procurement 264

Procurement Procurement team Budget Negotiation 264

Supply Chain Brain

FEBRUARY 15, 2024

Just months after snarled supply chains led to widespread inventory shortages, the proverbial pendulum has decidedly shifted to the other side.

Supply Chain Optimization 134

Supply Chain Optimization Inventory Supply chain Supply 134

All Things Supply Chain

FEBRUARY 14, 2024

Marketing is the art of the four “Ps”: Product, promotion, pricing, and placing. Another overlooked “P” falls under the umbrella of “Product”: Packaging.

Price 130

Price Logistics 130

Procurement Leaders

FEBRUARY 12, 2024

If you live in the UK or keep on top of the British news agenda, you may have seen a story over the past few days concerning a political party announcing a U-turn on its signature green investment policy. What was said? Sir Keir Starmer, leader of opposition Labour party, announced that its flagship £28bn/year green investment pledge would be reduced to £15bn/year, of which only £5bn would be new money.

Sustainability 130

Sustainability Influencing Procurement Risk 130

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.

Category management

Supply Chain Dive

FEBRUARY 15, 2024

Lease rates jumped more than 20% to reach $9.72 per square foot last year, according to data from Colliers.

Data 127

Data 127

Supply Chain Brain

FEBRUARY 13, 2024

As the technology has advanced and become more available, 3D printing is expected to become an integral part of many industries’ operations and could ultimately help companies achieve sustainability goals.

Sustainability 131

Sustainability Supply chain Supply 131

SCMR (Supply Chain Management Review)

FEBRUARY 15, 2024

With all the technology, labor issues and innovation taking place in supply chain, making it all work together is akin to a large-scale musical production.

Supply chain 106

Supply chain Supply Innovation 106

Supply Chain Dive

FEBRUARY 15, 2024

Producers may experiment with new product formulations to avoid recent heavy price hikes on chocolates.

Price 119

Price Supply 119

Supply Chain Brain

FEBRUARY 13, 2024

Further, despite the global emphasis on sustainable practices, the study reveals low prioritization of sustainability among logistics companies.

Sustainability 126

Sustainability Logistics 126

Finale Inventory

FEBRUARY 15, 2024

Warehouse labeling can seem like a tedious aspect of inventory control, but it can have a huge impact on your warehouse operations. It’s the difference between hunting for an item and wondering if it’s even the right product when you do find it, or knowing you have the right item in hand within seconds. This is what separates your business from frustrating delays and agitating customers to timely deliveries and raving reviews–and is what the right labeling setup can help facilitate S

Inventory control 102

Inventory control Inventory Real-time Visibility Warehouse optimization 102

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.

Data

SCMR (Supply Chain Management Review)

FEBRUARY 12, 2024

A new survey found U.S. C-Suite executives are over three times more likely to choose India over China for their future supply chain needs.

Supply chain 105

Supply chain Supply 105

Supply Chain Dive

FEBRUARY 14, 2024

The trade organizations cited rising rates, delays and at least $80 billion in cargo that has been diverted around the region amid attacks.

114

114

Supply Chain Brain

FEBRUARY 12, 2024

By leveraging advanced and predictive analytics, organizations will be able to identify potential disruptions before they materialize.

Risk management 124

Risk management Risk Management 124

Let's Talk Supply Chain

FEBRUARY 16, 2024

2024 is coming at us fast and the supply chain is front-and-center when it comes to geopolitical tensions and wars plaguing the globe. Just this week, retail brands called for safe travel on the Red Sea amidst growing rates and delays and regional fighting that has cost over $80B in inventory. Yes, don’t forget the pirates. Just as piracy has eased up on other shores along Somalia, it’s on the rise again there and elsewhere.

Logistics 98

Logistics supply chain budgeting Supply Chain Efficiency Supply chain 98

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supply chain budgeting

SCMR (Supply Chain Management Review)

FEBRUARY 16, 2024

Gamification is helping warehouse operators maintain an engaged and healthy workforce.

Warehouse operations 102

Warehouse operations 102

Supply Chain Dive

FEBRUARY 15, 2024

The deal is among several partnerships between segment players to capitalize on growing cross-border shipping traffic.

113

113

Supply Chain Brain

FEBRUARY 15, 2024

Respondents expressed optimism in the economy, and more than 50% say they’ve seen a “greater focus and understanding of supply chains” from those in the C-Suite.

Supply Chain Optimization 124

Supply Chain Optimization Supply chain Supply 124

Finale Inventory

FEBRUARY 12, 2024

Inventory is the lifeblood of your business. If you’re a retail brand, wholesale distributor, or manufacturer, inventory is the core of your business. You buy inventory, bring it into your facility, and then hope to sell it for more than you paid to generate a profit. As your business grows, your catalog grows, your sales channels grow. As this happens, maintaining accuracy and efficiency becomes increasingly difficult.

Inventory 98

Inventory Quantity Networking Management 98

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?

Innovation

SCMR (Supply Chain Management Review)

FEBRUARY 13, 2024

Supply chain’s growing importance in the customer journey has companies looking at the once-behind-the-scenes processes in a new light.

Supply chain management 101

Supply chain management Supply chain management Supply chain Management 101

Supply Chain Dive

FEBRUARY 12, 2024

Employees said they most often stay put for flexibility, fulfillment and good compensation.

109

109

Supply Chain Brain

FEBRUARY 13, 2024

The British Retail Consortium said that it had noticed a “temporary disruption” to some black tea lines, while an industry source suggested that some flavored lines had been delayed.

Sourcing 119

Sourcing Supply 119

Art of Procurement

FEBRUARY 15, 2024

In today’s digital age, jokes are often made at technology’s expense. I have multiple calls each week where someone apologizes. The post Killer App: The UK Post Office Scandal appeared first on Art of Procurement.

Procurement 97

Procurement Risk management Risk Suppliers 97

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

Supply chain

Spend Matters

FEBRUARY 12, 2024

In this Spend Matters Vendor Analysis, we provide an overview of Supply Risk Solutions and its solution for supplier (chain) risk management. Supplier risk management is crucial for a variety of reasons. First and foremost, it helps organizations identify and mitigate potential disruptions in their supply chain. Imagine relying on a single supplier for a critical component — if they face a problem, it could jeopardize your entire production process.

Risk management 96

Risk management Risk Suppliers Management 96

Supply Chain Dive

FEBRUARY 15, 2024

The lower rates through Ship with Walmart come in a soft demand environment where carriers are more amenable to reduced rates.

Demand 109

Demand 109

Supply Chain Brain

FEBRUARY 11, 2024

Military ships in the region have been attempting to thwart missile strikes on merchant vessels over the past few weeks, but the Houthis have continued their attacks.

111

111

IBM Supply Chain Blog

FEBRUARY 12, 2024

An evolution of customer experience (CX) was to be expected. Throughout modern history, organizations have encountered internal and external challenges that changed how they interact with customers and how customers view those organizations. Advancements in technology mean customers can order virtually any product and receive it in less than a week.

Data 92

Data Influencing Purchasing Strategy 92

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.

Buyers

Spend Matters

FEBRUARY 13, 2024

Neither oral nor text-based conversational AI (also known as conversational user experience [CUX] and conversational interfaces [CUI] the latter of which include chatbots) is by no means new, despite the relatively recent prolific uptake by procurement solution vendors. CUIs and CUXs were hot topics 10 years ago due to the popularization of Siri (Apple), Cortana (Microsoft), Alexa (Amazon), Google Assistant and Facebook’s M.

Supply Chain Efficiency 84

Supply Chain Efficiency supply chain software solutions Procurement Supply Chain Optimization 84

Supply Chain Dive

FEBRUARY 15, 2024

The consulting giant sees an opportunity to help private equity firms tackle management of spend, cost and suppliers across their portfolios.

Sourcing 108

Sourcing Procurement Suppliers Management 108

Supply Chain Brain

FEBRUARY 15, 2024

The push for supply chain sustainability comes with many built-in benefits, including lower costs, increased efficiency and stronger customer loyalty.

Supply Chain Efficiency 107

Supply Chain Efficiency Supply chain management Supply chain management Supply chain 107

IBM Supply Chain Blog

FEBRUARY 16, 2024

A large, multinational automobile manufacturer responsible for producing millions of vehicles annually, engaged with IBM to streamline their manufacturing processes with seamless, automated inspections driven by real-time data and artificial intelligence (AI). As an automobile manufacturer, our client has an inherent duty to provide high-quality products.

Quality 91

Quality Innovation Data Collaboration 91

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Supply Chain Optimization