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…
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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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.
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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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.
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.
ivalua
AUGUST 11, 2022
Redwood City, 11 August, 2022 – Ivalua, a global leader in spend management , today announced that Aegion Corporation, a leading provider of infrastructure maintenance, rehabilitation, and protection solutions, selected its platform to digitally transform procurement. The initial focus is on digitising the Procure-to-Order process with subsequent phases planned for invoicing and sourcing.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
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. .
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.
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
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 […].
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.
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. .
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.
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.
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.
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
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.
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.
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.
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.
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 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.
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.
Supply Chain Dive
AUGUST 11, 2022
The temporary price increases “frankly seem pretty reasonable compared to what FedEx has proposed,” one consultant said.
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.
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Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.
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?
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.
Let's Talk Supply Chain
AUGUST 7, 2022
Today I’m joined by Orderful , a forward-thinking EDI software provider, that is on a mission to modernize contemporary supply chains. Orderful is a complete cloud EDI platform for manufacturers, distributors, retailers, and technology companies. With an API that enables companies to connect once and trade EDI data with their supply chain, Orderful customers are able to consolidate their EDI software integration complexity and quickly enable trading partners as self-service to reduce costs.
Una
AUGUST 9, 2022
How to Use Group Purchasing as a Cost Reduction Strategy. By Mackenzie Oakley | August 9, 2022. At the height of the COVID-19 pandemic, 49% of companies were considering layoffs, while over 33% had frozen new hires as a way to implement some sort of cost reduction strategy in the middle of a global crisis. As a result, unemployment reached a record 14.8% in April 2020.
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.
Supply Chain Game Changer
AUGUST 10, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Managing Infrastructure Construction Projects Tips! Limestone is a sedimentary rock that has been used since prehistoric times. One of the most common uses for limestone today is in construction. Still, it has other uses, such as building roads and bridges , cement, and even agricultural fertilizer!
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.
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.
Spend Matters
AUGUST 11, 2022
Categories: Market Intelligence , Procurement Strategy & Planning , Professional Services , Risk Performance and Compliance , risk-compliance-management , Supplier Performance , Supplier Risk and Compliance Management Tags: PRO This Spend Matters PRO analysis is the first in our 7-part series on Risk technology solutions and services vendors, focusing on organizations' increasing need to manage and mitigate risk scenarios.
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Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.
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