ABC of Procurement

JULY 23, 2023

Beware, so long as you live, of judging men by their outward appearance. Jean de La Fontaine The post The hitchhiker first appeared on ABC of Procurement.

Procurement 130

Procurement 130

Procurement Tactics

JULY 23, 2023

51 ChatGPT Prompts to 10X Your Productivity in Procurement Download ChatGPT PDF Procurement Courses  Or receive our famous weekly newsletter Last Mile Logistics — What You Should Know Last mile logistics is often associated with e-commerce due to its rising popularity in the modern market. However, many people do not know what last mile logistics is.

Logistics 209

Logistics Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 209

SCMR (Supply Chain Management Review)

JULY 24, 2023

Download the checklist to learn how to improve performance and efficiency in your own company or organization.

Procurement 81

Procurement 81

SCMR (Supply Chain Management Review)

JULY 25, 2023

When a Chinese supplier goes bankrupt, they often stop production and shut down immediately, leaving companies no way to recover goods or their investments. But there are some signs to look for that may indicate a potential bankruptcy.

Suppliers 92

Suppliers Risk 92

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Supply Chain Optimization

Procurement Heads

JULY 27, 2023

There is a mature interim management market in procurement and supply chain disciplines, and attracting the best quality interims is often a challenge for organisations. Typically roles defined outside IR35 are more appealing for this population, although many will also be willing to work on an inside IR35 basis if the parameters are right. Either way, it’s of paramount importance to understand the IR35 criteria and implications when recruiting any temporary role and make sure these are implemen

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Contract Risk Supply chain 130

All Things Supply Chain

JULY 28, 2023

Ford supplier invests $790M to build new Plants Magna International, an automotive supplier, will produce key components for Ford’s second-generation electric truck as part of a $790 million investment.

Supply chain 246

Supply chain Suppliers Supply Logistics 246

SCMDOJO

JULY 26, 2023

Negotiation, a crucial skill in the realms of business and procurement, demands the ability to remain calm, collected, and confident even in the most challenging situations. However, mastering this art can be tough and perplexing. Thankfully, in our digital age, we have access to an array of mediums for training and communication that can aid us on this journey of honing our negotiation prowess.

Negotiation 98

Negotiation Ethics Category management Supply Chain Efficiency 98

Procurement Heads

JULY 26, 2023

For Procurement Heads’ latest Big Interview, Andrew spoke with Gemma Burman about his career and the challenges he faces within his role. How did you get into procurement? It was by chance, more than anything to be honest. I’d been made redundant and a friend of a friend approached me with a proposal. Using my transferable skills from my civil and merchant background, I helped develop a procurement team for his private company.

Contract management 130

Contract management Contract Supply Chain Efficiency Price 130

All Things Supply Chain

JULY 24, 2023

The microchip industry’s value to the global economy is almost unquantifiable owing to the fact that it facilitates other key industries that our society holds in high regard.

Supply chain 246

Supply chain Supply Productive Supply Chain Supply chain management 246

Art of Procurement

JULY 27, 2023

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post [Pod] Procurement 6 – July 28th, 2023 appeared first on Art of Procurement.

Procurement 98

Procurement 98

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.

Supply chain

SCMDOJO

JULY 26, 2023

Choosing a course is not easy, not when there are so many options available. The course you pick will take a portion of your time and require that you put in the effort to complete it. Most people are limited with time, so making a bad choice is not a good option. If you want to pick a course that will help your academic or professional success, or bring you true personal growth, you need to be picky.

supply chain budgeting 98

supply chain budgeting Budget Sourcing Supply chain 98

Procurement Freelancers

JULY 24, 2023

In this highly competitive business landscape, procurement ⁠ freelancers must possess valuable negotiation skills. With companies… The post The Art of Negotiation: How Procurement Freelancers Can Master the Game first appeared on Procurement Blog | Procurement & Supply Chain News.

Negotiation 97

Negotiation Procurement Supply chain Supply 97

Supply Chain Brain

JULY 25, 2023

These young professionals are looking for the opportunity to tackle big challenges and make a big difference right away, which is something that a supply chain career can offer.

Supply chain 98

Supply chain Supply 98

Supply Chain Dive

JULY 27, 2023

The Federal Open Market Committee raised the main interest rate by a quarter percentage point. The move comes as the Fed faces increasing difficulties in their bid to fully quell inflation.

Bidding 97

Bidding 97

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

Bidding

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. In this blog, we will answer the question: what is Contract Logistics, and explore its definition, solutions, challenges, and opportunities, understanding why Contract Logistics is considered as the hub of logistics today and how it can help businesses thrive in an ever-evolving market.

Contract 98

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 98

Spend Matters

JULY 27, 2023

This content does not express the views or opinions of Spend Matters. A well-run supplier onboarding program is essential for any business that wants to ensure a smooth and efficient procurement process. By taking the time to onboard new suppliers properly, you can help to mitigate risks, improve communication and build strong relationships. Before getting started, it’s essential to understand how mature your business is.

Suppliers 87

Suppliers Supply Chain Efficiency Risk management Risk 87

Supply Chain Brain

JULY 24, 2023

The new agreement averted a strike that would have begun if Yellow had remained delinquent on payments to a fund that provides benefits for most of the company's workers.

Management 98

Management 98

Supply Chain Dive

JULY 25, 2023

The tentative deal is a welcome development for shippers, but it still needs to be reviewed and voted on by union-represented employees.

Contract 98

Contract 98

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.

Supply Chain Optimization

SCMDOJO

JULY 27, 2023

To thrive in global markets, effective communication is paramount. One of the key elements of successful communication is accurate and culturally sensitive translation. Whether you’re launching a website, localizing marketing materials, or expanding operations overseas, choosing the right translation provider for your organization is crucial. In this blog post, we will explore the essential factors to consider when selecting a translation provider that aligns with your organization’s

Quality 98

Quality Data Budget Negotiation 98

Spend Matters

JULY 24, 2023

In this Spend Matters Vendor Analysis we provide an overview of Mintec and its market intelligence solution. In today’s fast-paced, hyper-competitive business landscape, success hinges on the ability to make well-informed decisions. Understanding the market, anticipating customer needs and staying ahead of industry trends are no longer optional — they are critical components for sustainable growth.

Raw materials 87

Raw materials Market analysis Buyers Risk 87

Supply Chain Brain

JULY 27, 2023

The demand for coal increased in 2022 because the commodity was more readily available and relatively cheaper than gas in certain parts of the world.

Demand 98

Demand 98

SCMR (Supply Chain Management Review)

JULY 27, 2023

Like any part of an organization, supply chain planning has its obstacles and rewards. When approaching planning, organizations often mix short-term and mid-term planning in one process, or treat them separately. Neither approach provides optimal outcomes.

Supply Chain Optimization 83

Supply Chain Optimization Supply chain Supply 83

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Supply Chain Optimization

Supply Chain Dive

JULY 27, 2023

Many of the grants are specifically designed to help speed the movement of goods at the ports of Los Angeles, Long Beach and Oakland.

98

98

Spend Matters

JULY 24, 2023

The 10 th edition of the Deloitte Global CPO Survey , which analyzes the responses of about 350 senior Procurement leaders from more than 40 countries, has been released and is available for download. “Given that few businesses intend to expand the size of the Procurement function any time soon,” it says, “and despite the significantly increased expectations placed upon it, Procurement chiefs have a difficult time ahead.

supply chain budgeting 83

supply chain budgeting Budget Agile and Lean Supply Chain Risk 83

Supply Chain Brain

JULY 24, 2023

While insurers say the NHTSA underestimates the safety benefits of a side underride guard mandate, truck owner-operators argue the proposed rule is too expensive.

98

98

SCMR (Supply Chain Management Review)

JULY 28, 2023

A new AlixPartners report found that continued calm in the logistics markets is offering an opportunity for participants to expand or reassess and realign their operations.

Logistics 80

Logistics 80

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.

Procurement

Supply Chain Dive

JULY 28, 2023

While employers have sought surveillance to improve remote productivity, various studies and surveys indicate that such monitoring could be counterproductive.

94

94

Spend Matters

JULY 26, 2023

This Spend Matters Vendor Analysis provides an overview of Pando and its solution for freight and logistics fulfillment. Even before the coronavirus pandemic, supply chains were prone to disruption due to the lack of collaboration between suppliers, customers, carriers and facilities. The absence of effective communication and coordination among logistics supply chain channels often leads to inefficiencies, delays and misaligned expectations throughout the entire order fulfillment process.

Logistics 81

Logistics Order Fulfillment Agile and Lean Supply Chain Purchase orders 81

Supply Chain Brain

JULY 24, 2023

The two biggest supply chain challenges today are the labor shortage and changing consumer demand, says George Koutsaftes, president and CEO of Honeywell Safety and Productivity Solutions.

Supply chain 97

Supply chain Innovation Consumer demands Supply 97

Procurement Freelancers

JULY 27, 2023

In today’s rapidly advancing digital era, businesses are constantly seeking ⁠ innovative ways to source goods… The post Innovative Ways to Source Goods and Services in a Digital Era first appeared on Procurement Blog | Procurement & Supply Chain News.

Innovation 78

Innovation Sourcing Supply chain Procurement 78

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Real-time Visibility