Sat.Jan 21, 2023 - Fri.Jan 27, 2023

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What Are the Benefits of Having a Transport Management System?

Procurement Tactics

Procurement success in 2023 with our Strategy Course Download Course Details →  Or receive our famous weekly newsletter What Are the Benefits of Having a Transport Management System? A transport management system is an innovative software used to make the transportation of goods and services throughout a company more efficient. By collecting data on routes, stock levels, drivers’ availability, vehicle tracking, and other pertinent information, a transport management system accurately fore

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How to Address Counterfeit Parts in the Supply Chain

All Things Supply Chain

Consumers and businesses alike buy millions of counterfeit products every year, worth billions of dollars.

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What Is Supplier Lifecycle Management & How Does It Help Manage Supplier Performance?

HICX

Supplier Lifecycle Management (SLM) allows organizations and their suppliers to develop and cultivate more productive and mutually beneficial business relationships. Nurturing and managing vendor performance through supplier lifecycle management processes enables the organization to control and shape the supplier lifecycle and performance to its advantage while also ensuring that the vendor is set up to deliver an optimal level of service.

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Tim Snow on managing risks in a polycrisis: ‘We go as deep as Tier-7’

Procurement Leaders

It has long been said that procurement has a unique 360-degree view of the value chain and that is especially true of Tim Snow, CPO and VP of procurement, commercial contracts and insurance at satellite service provider Inmarsat. As the individual in charge of money coming in and money flowing out, it’s only natural that Snow has set his team up in a way that differs vastly from many traditional procurement functions. “Procurement is structured based on the stakeholders we work with,

Risk 162
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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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Three Key Lessons from a True Procurement Ironman

Art of Procurement

In this week’s podcast, Philip Ideson interviews Vytas Sliesoraitis, a procurement leader turned Ironman competitor. Click here to listen. Vytas. The post Three Key Lessons from a True Procurement Ironman appeared first on Art of Procurement.

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Supply Chain Weekly Wrap-Up 01/20/2023-01/26/2023

All Things Supply Chain

Smartphone shipments records its lowest figures since 2013 2022 saw the lowest recorded shipments of smartphones since 2013, a reported 1.21 billion shipments were made last year.

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Four Strategies for Addressing Supply Chain Disruption

Supply Chain Brain

Following are four key logistics strategies that are likely to pick up steam in 2023.

Strategy 133
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A career in recruitment…

Procurement Heads

Like a lot of people, I hadn’t actively sought out a career in recruitment. In fact, I think it’s safe to say recruitment found me. Similar to the Human League song, I’d been working as a waiter in a cocktail bar in Southampton after graduating with a film and Spanish degree at Kingston University and grown weary of long antisocial hours. I got speaking to a customer who worked in recruitment and they suggested I’d be a good match for a career in the profession.

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9 of the best due diligence questionnaire (DDQ) examples

RPF360

DDQs must be very thorough for responses to provide your organization with the information needed to decide whether to move forward. Use the nine examples as a starting point to write effective DDQs that uncover hidden risks and financial pitfalls. The post 9 of the best due diligence questionnaire (DDQ) examples appeared first on RFP360.

Risk 130
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10 Must-Read Supply Chain Analytics Books for 2023

SCMDOJO

If you want to gain more supply chain analytics knowledge, you’re in the right place. We’ve compiled a list of 10 great supply chain analytics books to help you better understand the concepts and strategies behind this vital business field. From foundational reads to more advanced topics, these books will help you start your journey into the world of supply chain analytics!

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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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Sam’s Club aims to modernize supply chain with expansion of automated fulfillment

Supply Chain Dive

The wholesale club chain is adding more distribution centers as it looks to open 30 new stores across the U.S. over the next few years.

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IT dominated hiring within Financial Services last year: could layoffs reverse this trend in 2023?

Procurement Heads

That’s according to new research from the Association of Professional Staffing Companies (APSCo), the trade association for the recruitment sector.  The data, provided by Vacancysoft, revealed that IT professionals were the most sought-after, with 33,542 jobs in 2022, up 15.8% year-on-year. The banking profession ranked second, closing 2022 with 27,000 new roles constituting a 32.7% increase on 2021 levels.

Demand 130
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Five Challenges to Supply Chain Resilience in 2023

Supply Chain Brain

Bindiya Vakil, chief executive officer of Resilinc, lays out five trends and challenges to supply chains to watch for in the coming year.

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Inflation, fewer resources ratchet up pressure on procurement, sourcing professionals

SCMR (Supply Chain Management Review)

The majority of supply chain procurement professionals are feeling pressure to reduce expenses as inflation drives up costs.

Sourcing 102
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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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Why shippers will add more FedEx and UPS competitors to their carrier mix in 2023

Supply Chain Dive

Interest in last mile alternatives is up. Experts say Amazon could take advantage by launching a competing service.

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Skills shortages are far from over – firms with slow hiring processes are losing out

Procurement Heads

However, according to a study by leading background screening and identity services firm, Sterling, slow hiring processes are adding to these recruitment challenges. According to the data – which comes from a global survey of more than 1,200 HR professionals and perspectives from more than 3,700 recent job seekers – half of the UK’s employers can’t find enough qualified candidates for the roles they have, with almost a third (29%) revealing that their direct competitors are beating t

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Three Post-Pandemic Actions for Repairing Global Supply Chains

Supply Chain Brain

Following are three areas on which companies and suppliers must focus to repair and innovate their supply chains.

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Mindy Davis on Opening Doors for Women in Supply Chain 

Let's Talk Supply Chain

It’s a new year, and Bloomberg has already coined it the 2023 hangover for supply chain leaders. Because professionals across the global chain are still rebalancing inventory levels and offshoring strategies after the start of the decade, hallmarked by unprecedented chaos that pushed the supply chain front-and-center for business leaders and consumers.

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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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Product digitization is the future. Here’s how to get started.

Supply Chain Dive

Product digitization can perform an almost limitless number of tasks throughout your supply chain, from helping spot counterfeit goods to providing specific recycling instructions.

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Introduction to Una’s Food Category Experts

Una

Introduction to Una's Food Category Experts Meet our team of food category experts, combining over 20 years of experience working in the foodservice and food distribution industries. By Mackenzie Oakley | January 26, 2023 Search Here at Una, we are passionate about leveraging the combined purchasing power of our members to lock in savings on goods and services you won’t find anywhere else.

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Worst Avian Flu in U.S. History Is Hitting Poultry

Supply Chain Brain

Egg supplies are strained, with an industry group estimating there are about 6% fewer hens laying eggs than normal nationwide.

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A roadmap to guide your journey with data and analytics

SCMR (Supply Chain Management Review)

The leap from interacting with technology to a future-ready workforce involves upskilling in areas of digitalization, automation, artificial intelligence and analytics. Here’s how you get there.

Data 93
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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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Why you must digitize your products for today’s complex global supply chains

Supply Chain Dive

Your brand may not know where the majority of its products are right now. And it’s not alone.

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Sorry Planners, Your Plan is not Necessarily a Quality Decision

Supply Chain Trend

Some new language has been creeping in the planning vocabulary in the last year or two: planning & decision making. What used to be planning, or a planning system, is now sometimes referred to as planning & decision making. This is most likely influenced by the acknowledgement of the new category decision intelligence by Gartner, for which they provided a definition since 2022.

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Five Ways to Increase Supply Chain Visibility

Supply Chain Brain

Supply chain visibility is a modern-day industry necessity. But to be effective, visibility needs to be shared.

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“If we continued to run the same play, we wouldn’t be successful.”

SCMR (Supply Chain Management Review)

Like most industrial companies, GE Appliances struggled to recruit and retain workers on the line. The solution: Make the work fit the person rather than the person fit the work.

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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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Church’s Texas Chicken hires new purchasing head

Supply Chain Dive

Joining the chain is Will Cash, who brings procurement and supply chain leadership experience from other quick-service restaurants.

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Oro: Vendor Analysis — Orchestration platform overview, competitors, tech selection tips, analyst summary

Spend Matters

Categories: Operations , Procurement Strategy & Planning , Procurement Systems & Architecture Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Oro, a procurement orchestration platform that aims to make procurement easier and more efficient through the use of powerful, easy-to-configure and smart workflows. At Spend Matters, we have the best vantage point to monitor the evolution of the procurement solutions market.

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The Alarming Continued Rise of Modern Slavery in Supply Chains: How Procurement Can Help Reverse the Trend

Supply Chain Brain

Modern-slavery and human-rights due diligence should be integrated as part of a broader sustainable procurement program that encompasses environmental and ethical topics, as well.

Ethics 111
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Analytics-Driven Supply Chain Design – Key Challenges and Opportunities

SCMR (Supply Chain Management Review)

In this webinar, Milena Janjevic, a research scientist at the Megacity Logistics Lab at MIT’s Center for Transportation and Logistics, will discuss new approaches and models for supply chain design, as well as the tools that enable them.

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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.