Sat.Sep 24, 2022 - Fri.Sep 30, 2022

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Top 7 procurement skills for advancement and success

RPF360

As procurement teams become increasingly lean and strategic, how can practitioners develop deeper skills and understanding for the future? Explore how adopting modern procurement skills like data analysis, RFP automation, procurement negotiation and more translate into efficiency and effectiveness. The post Top 7 procurement skills for advancement and success appeared first on RFP360.

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The Procurement Management Process: Managing the Bottom Line

ProcurePort

• Procurement is the business of sourcing goods and services from vendors. Depending on the size of the organization and the unique needs of the business, procurement can be quite complex. • And, a complex operation that takes money out of the company is one that requires a truly efficient management process if costs are […]. The post The Procurement Management Process: Managing the Bottom Line appeared first on ProcurePort Blog.

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Supply-Chain Tech Startup Noodle.ai Gets Fresh Corporate Backing

Supply Chain Brain

Logistics technology startups are getting attention, and financial backing, from some tech sector heavyweights.

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Poor Hiring Processes Cause 75% of Gen Z to Abandon Promising Job Applications

Procurement Heads

With employers struggling to fill soaring job vacancies, and Gen Z employees forecast to comprise 27% of the global labour force by 2025, the findings are both timely and significant. The most common reason cited for giving up on a potential job application was receiving a better opportunity while waiting for the other hiring process to finish (31%).

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GEP Spend Category Outlook Report 2025

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.

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Bahlsen Selects Ivalua to Accelerate its Digital Transformation Roadmap

ivalua

Redwood, CA, 27th September 2022. Ivalua, a global leader in spend management today announced that Bahlsen, a leading supplier of sweet bakery products, has selected Ivalua’s Source-to-Pay (S2P) solution to digitalize its procurement processes. Based in Hanover, Germany, Bahlsen is a traditional, successful, and modern family business. With its umbrella brands Bahlsen, Leibniz and PICK UP!

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What is a Contract Management Solution

ProcurePort

• Contracts are an indispensable part of any enterprise. Every dollar entering and leaving an organization must be predicated on a contract. That is why contract management processes are critical for any operation. • Procurement processes are complex, sequential, repetitive activities requiring constant tracking and monitoring. Contract management helps ensure that contracts with vendors or […].

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Money isn’t enough in the race for talent, new report data shows

Procurement Heads

As businesses across the country face rising costs, new research from the CIPD and Omni warns that using pay to attract talent simply isn’t enough to tackle ongoing skills shortages. While an increasing number of organisations (54%) are inflating pay to retain talent, this approach is not sustainable for most employers in the face of rising costs. To tackle the skills shortage, organisations need to highlight other components of good working practices when recruiting, such as offering flexible w

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Four Emerging Supply Chain Jobs of the Future

Supply Chain Brain

There's been a a dramatic leap in awareness of the importance of supply chain management, one that will come with many opportunities for both employees and employers.

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7 Key Trends of Strategic Sourcing

ProcurePort

• In today’s business environment, a strategic sourcing strategy is critical for optimal operations. Businesses need to formalize the manner in which they gather and use information that informs their procurement activities. • Strategic sourcing takes a long-term and proactive view of a company’s purchasing activities. It seeks to consolidate purchasing power, develop useful relationships […].

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Louis DeJoy is transforming the Postal Service. Can the agency compete with FedEx and UPS?

Supply Chain Dive

The U.S. Postmaster General isn’t afraid of making big changes. But keeping pace with private parcel carriers is a tall order for the beleaguered agency, experts say.

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5 Ways You Can Win Faster with Gen AI in Sales

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.

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APSCo welcomes IR35 repeal in Chancellor’s Budget

Procurement Heads

“The Chancellor’s Mini Budget promised to be one that drives growth for the UK and it’s clear that the Truss administration is powering ahead with an extraordinary range of changes to boost the economy. The planned repeal in April 2023 of the Off Payroll legislation is a welcome move. APSCo has long called for a review of the measures which have dramatically reduced the flexibility of the skilled independent labour market since they were introduced in 2017 and 2021.

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No Time for Final-Mile Complacency

Supply Chain Brain

Congestion and inflation appear to be easing and schedule reliability has improved, but market signals suggest more of a lull in the current supply chain chaos than an end in sight.

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How Smart CEOs Leverage Supply Chain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chain’s Moment of Truth Has Arrived! Being a CEO is tough enough, let alone how difficult it is if you don’t have all of the skills and knowledge needed. Many CEOs have a background in Finance or Sales and Marketing or Engineering, or are just entrepreneurs. But few have in-depth experience in Supply Chain, let alone understand how to leverage Supply Chain.

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FedEx CEO says Ground contractors ready to deliver for the holidays

Supply Chain Dive

Interest in a peak season program signals delivery providers are willing to ramp up capacity, despite concerns that some may sit out Black Friday.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

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.

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Money isn’t enough in the race for talent, new report data shows

Procurement Heads

As businesses across the country face rising costs, new research from the CIPD and Omni warns that using pay to attract talent simply isn’t enough to tackle ongoing skills shortages. While an increasing number of organisations (54%) are inflating pay to retain talent, this approach is not sustainable for most employers in the face of rising costs. To tackle the skills shortage, organisations need to highlight other components of good working practices when recruiting, such as offering flexible w

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Five Steps to Improving Cyber Preparedness in the Supply Chain

Supply Chain Brain

Cybersecurity threats are on the rise for manufacturers, with the industry accounting for 65% of all ransomware attacks in 2021, but 61% of those surveyed do not have a plan in place for operational disruption.

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The Importance of Cloud Storage in Supply Chain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How Cloud Computing Can Help Supply Chain! The supply chain industry is changing at an alarming rate as new technological innovations launch. Cloud storage is one of the technologies that have significantly revolutionized supply chain management. This page will look at ways in which cloud storage has impacted the supply chain sector.

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DHL Supply Chain deepens robotics partnership ahead of peak season

Supply Chain Dive

Tech from Locus Robotics will help fulfill orders for apparel company Carhartt.

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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?

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Five Ways to Save on Your Company’s IT Costs

Una

Five Ways to Save on Your Company’s IT Costs. By Eric Edwards | September 27, 2022. It’s that time again. Time for crisp, cool breezes and warm, yummy beverages. Tree foliage changes fashion into yellow, orange, and splashes of red. Baseball playoffs pop up on television, and football tailgating becomes a rite of passage. And, it’s also that time when once rational marketers decide everything should be pumpkin spiced.

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Micro-Warehouse Provider Pivots as Retail Consumer Market Shifts

Supply Chain Brain

Fabric, which operates small, automated distribution centers in densely-populated areas, is cutting its workforce and shifting its business strategy as grocers and retailers look instead to add automated operations inside stores.

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7 Ways the Right Pallet Racking Optimizes Warehouse Efficiency!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Pallet Racking Selection! Are you thinking of streamlining your warehouse operations to increase efficiency and productivity? If so, worry no more as this guide gives practical insights on selecting the right pallet racking , which is critical to optimizing your warehouse efficiency.

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UPS, FedEx and USPS suspend some services as Hurricane Ian hits Florida

Supply Chain Dive

Hundreds of ZIP codes and cities are affected as the hurricane’s landfall on Wednesday led to flooding and destruction in the southwest part of the state.

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GEP Outlook Report 2025

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

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Episode 84: Tackling the Trends of Quiet Quitting and Firing with Kris Lance

Una

Episode 84: Tackling the Trends of Quiet Quitting and Firing with Kris Lance. By Kelly Barner | September 28, 2022. There are always prevailing trends in talent management, but they seem to be higher profile in the wake of the pandemic. First was the Great Resignation, and now we’re all talking about (and looking for examples of) quiet quitting and quiet firing.

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Crisis in Food Supply Chains: What’s Cooking Up the Global Disruptions?

Supply Chain Brain

The food industry as a whole has met widespread challenges.

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3 Reasons to Increase Warehouse Maintenance!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Preventive vs Predictive Maintenance – Which is Better? (Infographic). Modern warehouses today contain a mixture of equipment, software solutions and highly skilled professionals in order to fulfill the supply chain requirements, all requiring warehouse maintenance. Over the past decade, warehouses have been a trusted source of practicing seamless logistics operations.

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Ford breaks ground on $5.6B EV ‘mega campus’

Supply Chain Dive

The facility is part of the automaker’s plan to meet electric vehicle production targets by exerting greater control over its supply chain.

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10 Ways to Leverage Buyer Signals and Drive Revenue

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.

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RoPA: 5 Rules To Keep Your Business Data Protected

SCMDOJO

The damage caused by cyber attacks in 2022 till now is estimated to be around a whopping $6 trillion. The concern over data protection and GDPR Requirements is increasing for both individuals and corporations. While regulatory authorities are taking consistent measures to ensure data security , such laws and guidelines are only as effective as your application of them.

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Electric Vehicle Charging Stations Get Green Light Across U.S.

Supply Chain Brain

Funding for the EV charging network will come from the bipartisan infrastructure bill that was passed last year. .

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The Value of Refrigerated Transport!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How Cold Chain Differs Between the Food and Pharmaceutical Industries! Refrigerated transport is a vital component of global supply chains. It allows businesses to distribute their products at the right temperature as they make their way through the world’s supply chain. It also allows you to keep your product fresher for longer, resulting in fewer product returns and more satisfied customers.

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What’s next for procurement? Trends shaping the future of online business buying

Supply Chain Dive

The latest report from Amazon Business explores the biggest trends in procurement. Current events—from ongoing supply chain disruptions to concerns over a recession—pose challenges for organizations focused on refining processes, accommodating a hybrid workforce and carrying out environmental, social and governance goals. Organizations endeavor to identify solutions that meet the challenges at hand, while also building out long-term digital strategies.

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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.