Port Congestion in the US And Its Effects on Supply Chains
All Things Supply Chain
AUGUST 10, 2022
The port authority of Oakland recently reduced the free wait time for shipping containers from seven to four days. The reason? – Port Congestion.
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Vendor onboarding: Process guide, checklist and tips
RPF360
AUGUST 11, 2022
Vendor onboarding is an essential element of successful supplier relationship management. Explore this topic as well as how RFP management software automates and centralizes the vendor onboarding process. The post Vendor onboarding: Process guide, checklist and tips appeared first on RFP360.
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What is a technical and financial bid?
ABC of Procurement
AUGUST 8, 2022
We have all heard about the terms:” tender”, “bid”, and “bidding”. Here is a short overview of the complete process. The post What is a technical and financial bid? first appeared on ABC of Procurement.
Stop Using Spreadsheets to Manage Your Global Supply Chain
Supply Chain Brain
AUGUST 9, 2022
Maintaining your organization’s dependence on collecting, tracking and sharing supply chain data with Excel is perhaps the biggest threat to agility, resilience, visibility and profitability.
GEP Spend Category Outlook Report 2025
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.
Is the supply chain talent market swinging back in favor of the employer?
All Things Supply Chain
AUGUST 8, 2022
Starting in 2020, the supply chain world was disrupted in ways previously unheard of. A pandemic shut down everything.
Inventory Holding Cost — The Ultimate Guide of 2022
Procurement Tactics
AUGUST 11, 2022
33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. Inventory Holding Cost — The Ultimate Guide of 2022. Inventory holding costs are one of the fees that an organization or business incurs. But how do businesses incur these costs? . In this article, we will discuss what inventory holding cost is.
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
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Seven Trends in Procurement and Supply Chain Management
ProcurePort
AUGUST 11, 2022
• Beyond flying cars and hoverboards, we’ll see a lot in the future. Machine learning, analytics, big data, cloud, and artificial intelligence are some of the few forces that are revolutionizing and defining the tech landscape. • New technologies impact functional business areas, including operations, sales, marketing, and strategic positioning.
Supply Chain Weekly Wrap-Up 08/05/2022-08/11/2022
All Things Supply Chain
AUGUST 11, 2022
Ukraine requires more ships to relieve grain supply chain Last week provided some relief for global food supply chains as the first ship loaded with grain left a Ukrainian port…
Invoice Management — Everything You Should Know
Procurement Tactics
AUGUST 10, 2022
33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. Invoice Management — Everything You Should Know. In the past, the process of invoice management was slow. However, throughout the years, it has also adopted some advancements that made it fast and efficient. Yet, many people are still relying on what they were taught in the past. .
The Big Interview with Ana Maria Velica
Procurement Heads
AUGUST 11, 2022
When did your interest in procurement and supply chain begin? It was back in 2004 in Romania – I am Romanian – and at the time I was working as a Marketing Assistant at British American Tobacco. The company was going through a transformation to become the market leader in Europe and I remember being asked by the Managing Director where I saw my career evolving, my answer was very quick, I wanted to join the cool and dynamic purchasing team because I was always fascinated by the negot
5 Ways You Can Win Faster with Gen AI in Sales
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.
What is the Procurement Process Flow
ProcurePort
AUGUST 10, 2022
• Understanding the procurement process flow in your organization is key to identifying areas of inefficiencies and taking the necessary corrective action. • The process involves all the steps from needs identification to the payment of suppliers. • Procurement is a combination of processes, people, and documentation. The management has to bring all these things […].
Weathering the Storm Through Supply Chain Partnerships
Supply Chain Brain
AUGUST 7, 2022
It takes solid partnerships to weather crises — or, for that matter, the day-to-day business of supply chain management. In this latest edition of our annual roster of 100 Great Supply Chain Partners , we present instances of true collaboration in the face of enormous challenges.
Selecting a Vendor — The Ultimate Guide of 2022
Procurement Tactics
AUGUST 9, 2022
33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. Selecting a Vendor — The Ultimate Guide of 2022. Selecting a vendor is not an easy task for each organization. It requires a lot of factors before choosing a potential supplier. In the field of procurement, the procurement department of each organization has its own way of selecting a vendor. .
Interim Talent Spotlight #5
Procurement Heads
AUGUST 8, 2022
My core skills are across Category Management and procurement function leadership, involving functional transformation, strategy development and end-to-end process improvement in a global environment. In addition, I have expert knowledge of outsourcing the procurement service. My experience is largely within manufacturing organisations, including pharmaceutical, chemicals, electrical hardware, packaging and point of Sale.
From Reactive to Resilient: Charting Your Supply Chain Maturity
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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.
You Didn’t Know These 7 Steps of an Effective Procurement Process
ProcurePort
AUGUST 9, 2022
• The step of the procurement process is the sum of the activities an organization takes to ensure goods and services necessary for operation are available on time and in the right quantity and other specifications. • Procurement affects the supply chain, quality of final goods, prices, and profitability of a company. Therefore, in many […]. The post You Didn’t Know These 7 Steps of an Effective Procurement Process appeared first on ProcurePort Blog.
Container Lines Are Set to Smash Year-Old Profit Record by 73%
Supply Chain Brain
AUGUST 9, 2022
The world’s biggest container lines are on course to post profits in 2022 that will top last year’s record by 73%, according to a new forecast, buoyed by logistics and labor strains that are squeezing capacity amid sustained U.S. demand for imports.
FedEx looks to boost automated parcel sortation with robotics deal
Supply Chain Dive
AUGUST 9, 2022
Eight facilities already have Berkshire Grey technology, but FedEx is eyeing greater expansion.
Head2Head with Christoph Marr
Procurement Heads
AUGUST 7, 2022
Watch Christoph’s Head2Head here. Why did you get into procurement? I’ve been in procurement for nearly 28 years, seven years at Marks & Spencer after studying business studies and supply chain management at university. I was a Buyer at M&S, so it was direct procurement. I then spent seven years at IBM, firstly as a Procurement Consultant then Head of Procurement for IBM Europe, before moving on to Care UK.
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?
Episode 77: Manufacturing Macrotrends and the Metaverse with Minesh Pore
Una
AUGUST 10, 2022
Episode 77: Manufacturing Macrotrends and the Metaverse with Minesh Pore. By Kelly Barner | August 10, 2022. Although each procurement professional and team does the best they can under the circumstances they are handed, all industries and companies are subject to global mega-trends… and they never stop evolving. From where low cost labor is located to how the “fast fashion” industry is managed, the rate of change is accelerating – and having implications worldwide.
Truck-Driver Pay Rose 11% Amid Strong Freight Demand Last Year
Supply Chain Brain
AUGUST 11, 2022
A new survey shows wages for truck drivers rose at a double-digit pace last year, as companies raced to recruit workers in a market marked by tight labor conditions and high freight demand.
USPS proposes peak season rate hikes amid drop in package demand
Supply Chain Dive
AUGUST 11, 2022
The temporary price increases “frankly seem pretty reasonable compared to what FedEx has proposed,” one consultant said.
How Covid Changed the Restaurant Industry!
Supply Chain Game Changer
AUGUST 8, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chain Automation Helps Selling Food Online! The pandemic saw the restaurant industry face challenges like never before, with most being forced to close for a substantial period and, when allowed to re-open once more, having to operate under new restrictions, ensuring social distancing was being maintained for example.
GEP Outlook Report 2025
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
Silver Microsoft Partner
ivalua
AUGUST 10, 2022
test. The post Silver Microsoft Partner appeared first on Ivalua.
Tesla’s Self-Driving Technology Fails to Detect Children in The Road, Tests Find
Supply Chain Brain
AUGUST 10, 2022
A safe-technology advocacy group issued claimed Aug. 9 that Tesla’s full self-driving software represents a potentially lethal threat to child pedestrians, the latest in a series of claims and investigations into the technology to hit the world’s leading electric carmaker.
From Twinkies to Nutter Butters, lack of ingredients hamper snack food production
Supply Chain Dive
AUGUST 11, 2022
CPG giants are unable to produce popular items as supplier delays have left them waiting on key ingredients.
The Bill of Materials (BOM) Beginners Guide!
Supply Chain Game Changer
AUGUST 11, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is Product (or Master) Data Management? Manufacturing contributed 10.8% to the total US GDP in 2020. Manufacturing businesses are at the heart of eCommerce and retail businesses. If you’re an eCommerce seller or manufacturer, you need to know BOMs (bill of materials). How do you create a bill of materials?
10 Ways to Leverage Buyer Signals and Drive Revenue
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.
LTI
ivalua
AUGUST 9, 2022
LTI is a global technology consulting and digital solutions Company helping more than 495 clients succeed in a converging world. With operations in 33 countries, we go the extra mile for our clients and accelerate their digital transformation journeys. Founded in 1997 as a subsidiary of Larsen & Toubro Limited, our unique heritage gives us unrivalled real-world expertise to solve the most complex challenges of enterprises across all industries.
Direct-to-Consumer Sales Are Fueling Supply-Chain Tech Growth
Supply Chain Brain
AUGUST 8, 2022
The push by consumer-goods suppliers to reach shoppers directly is opening a new market for supply-chain technology providers, says The Wall Street Journal.
Labor shortages challenge supply chains to automate while retaining employees and their trust
Supply Chain Dive
AUGUST 8, 2022
Supply chain difficulties and labor shortages have certainly been a top priority for businesses the past 2 years. But the two are not mutually exclusive.
The Impact of Procurement
Una
AUGUST 11, 2022
The True Impact of Procurement. By Hugo Britt | August 11, 2022. It’s no secret that the U.S. workforce, as a whole, is re-evaluating its priorities after the experience of the pandemic. First there was the work-life balance revolution made possible by remote collaboration technology, followed by the Great Resignation , an ongoing talent shortage with no end in sight, and – more recently – the “ Quiet Quitting ” movement.
Load Optimization: A Sustainable Way To Reduce Transportation Costs
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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.
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