Sat.Mar 04, 2023 - Fri.Mar 10, 2023

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10 lessons from CPOs leading procurement’s response to the polycrisis

Procurement Leaders

From simmering geopolitical tensions to soaring energy costs and staff shortages, the challenges faced by businesses in recent months have been complex and interlinked, and procurement has a key role to play in tackling this “polycrisis”. At Procurement Leaders, we’ve been seeking out the community’s insights into how they’re dealing with these challenges and how they see things panning out in the months to come.

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Managing 5 unintended consequences of autonomous trucks

SCMR (Supply Chain Management Review)

The push to deploy autonomous trucks is on, but there are other considerations that must be addressed first.

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Supply Chain Scaries: Coping With Threats to the Bottom Line

Supply Chain Brain

The wisest companies will take a proactive approach to risk management, predicting and preparing before reacting.

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9 Innovative Purchasing Concepts

Una

9 Innovative Purchasing Concepts for Procurement Implement various innovative purchasing concepts to ditch the old-school way of doing things and bring your procurement function up to speed. By Hugo Britt | March 7, 2023 Search Ask any old-school procurement professional about the “how” of procurement, and they will point you to the same sourcing cycle that has been used for decades: Define your business needs Float the RFQ Evaluate and select suppliers Negotiate and sign the agreement It’s a fr

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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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International Women’s Day 2023 #EmbraceEquity

Procurement Heads

Celebrate women’s achievements. Raise awareness about discrimination. Take action to drive gender parity. IWD belongs to everyone, everywhere. Inclusion means all IWD action is valid. For this year’s International Women’s Day, Procurement Heads spoke to leaders from across procurement to get their thoughts on equity. “If you’re just starting your career, unsure of the path you want to take, try procurement!

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5 Ways to Improve the Sustainability of Your Warehouse

All Things Supply Chain

Warehouses are among the most essential elements of our global supply chain. The packaging and shipping never stop, so warehouses expend lots of energy and emissions.

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Electrolux’s Mirela Boldu on managing supply chain threats through education and collaboration

Procurement Leaders

Risk has become an increasingly important focus for Stockholm-headquartered consumer goods giant Electrolux, which has thousands of Tier-1 suppliers. With such a large supply base, it’s not surprising to hear the business faces many different threats, including cyber risks, material availability challenges and logistics risks – to name but three.

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6 Ways to Improve Procurement Performance

ProcurePort

Procurement is a crucial aspect of any business, and it plays a significant role in ensuring that the organization runs smoothly and efficiently. As a procurement professional, you are responsible for ensuring that your organization obtains the goods and services it needs at the right quality, quantity, and price. In this blog post, we’ll discuss […] The post 6 Ways to Improve Procurement Performance appeared first on ProcurePort Blog.

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Supply Chain Weekly Wrap-Up 03/03/2023-03/09/2023

All Things Supply Chain

Following the U.S. The Netherlands is set to impose chip export control on China The government of the Netherlands is moving forward with export restrictions on semiconductor manufacturing equipment.

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Lean Hogs Prices – Historical Graph [Realtime Updates]

Procurement Tactics

Lean Hogs Prices – Historical Graph Realtime chart of historical daily lean hogs prices. The prices are down in U.S. dollars per pound. The current price is and is last updated on. The average price in the past 3 days is The average price in the past 7 days is The average price in the past 30 days is The average price in the past 365 days is Popular questions about lean hogs prices: Why are lean hogs prices fluctuating?

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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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Episode 105: Mining the Gaps for Strategic Supply Chain Value with Steve Clarke

Una

EPISODE 105 Mining the Gaps for Strategic Supply Chain Value with Steve Clarke By Kelly Barner | March 8, 2023 The simplest solution to a problem is most likely the best one. Cutting through the noise to find root causes can be challenging, however, especially when there seems to be an overly complicated digital answer to every business question. In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Steve Clarke.

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6 Ways to Simplify & Streamline Your Procurement Process

ProcurePort

In today’s competitive business landscape, it’s essential to ensure that your procurement process is streamlined and efficient. A smooth procurement process can help your organization save money, reduce risk, and enhance collaboration with suppliers. However, simplifying and streamlining procurement is often easier said than done. In this blog post, we’ll discuss six ways to simplify […] The post 6 Ways to Simplify & Streamline Your Procurement Process appeared first

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Let’s Get Digital: Introducing your Source-to-Pay Guide

ivalua

Ivalua Spend Management Insights [ivory-search] Let’s Get Digital: Introducing your Source-to-Pay Guide March 9, 2023 | | Source to Pay (S2P) by Vishal Patel In today’s highly competitive business environment, it’s essential for organizations to have a comprehensive Source-to-Pay (S2P ) solution to reduce costs, strengthen supplier relationships, manage risk, and gain better visibility into spend and the overall supply base.

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Sugar Prices – Historical Graph [Realtime Updates]

Procurement Tactics

Sugar Prices – Historical Graph Real-time chart of historical daily sugar prices. The prices are down in U.S. dollar cents per LB. The current price is and is last updated on. The average price in the past 3 days is The average price in the past 7 days is The average price in the past 30 days is The average price in the past 365 days is Popular questions about sugar prices: Why are sugar prices fluctuating?

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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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Can Container Lines Withstand a Massive Increase in Vessel Capacity?

Supply Chain Brain

Following a period of seesawing freight rates and persistent service failures, ocean carriers and shippers are struggling to achieve some measure of equilibrium.

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How supply chain mapping builds resilience

Supply Chain Dive

Businesses will need more insight into all aspects of their operations to guard against future disruption.

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5 Reasons to Attend 2023 Ivalua NOW Paris!

ivalua

Ivalua Spend Management Insights [ivory-search] 5 Reasons to Attend 2023 Ivalua NOW Paris! March 6, 2023 | | Ivalua NOW by Eloise Barnum 5 Reasons to Attend 2023 Ivalua NOW Paris – Breaking New Ground We are thrilled to invite procurement leaders, innovators, customers, and colleagues to Ivalua NOW Paris. This year, we’re exploring uncharted territory – embodying the spirit of those who take strides in “Breaking New Ground” !

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Coffee Prices – Historical Graph [Realtime Updates]

Procurement Tactics

Coffee Prices – Historical Graph Real-time chart of historical daily coffee prices. The prices are down in U.S. dollars per Lbs. The current price is and is last updated on. The average price in the past 3 days is The average price in the past 7 days is The average price in the past 30 days is The average price in the past 365 days is Popular questions about coffee prices: Why are coffee prices fluctuating?

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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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New Brexit Trading Rules Could Take More Than Two Years to Fully Implement

Supply Chain Brain

Labeling products as “not for the EU” will be one of the most visible changes to result from Brexit in Northern Ireland and the rest of the U.K.

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Disciplined inventory management helped Macy’s weather tough 2022

Supply Chain Dive

The retailer has relied on data and analytics to forecast demand and make decisions around purchasing and pricing.

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How to reconfigure the global supply chain

SCMR (Supply Chain Management Review)

A prevailing conclusion from the learnings of the past years is that we should move away from a “manufacturing center of the world” to be better prepared to mitigate the shortages and transport challenges. But it’s not that simple.

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Global Shipping Heading Into a Slump

Procurement Bulletin

China Manufacturing Ramps Up As China opens up from their COVID restrictions, manufacturing is ramping up again. Global Shipping Heading Into a Slump While China manufacturing is ramping up, global shipping is slumping. Apple Continues Diversifying Away from China We’ve posted about this before, as Apple starts to shift their supply chain reliance on China, another Apple supplier, GoerTek, is also investing in manufacturing operations outside of China.

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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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What Will Shape Supply Chains in 2023: Trends and Predictions

Supply Chain Brain

2023 will continue to present supply chain organizations with an imperative to analyze, predict and resolve issues before they arise.

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Oracle to offer shippers a more precise way to track supply chain emissions

Supply Chain Dive

Updates to the company’s SCM platform intend to help users in transportation and logistics optimize planning decisions.

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Transactional Process Improvement Kaizen and its Impact on Supply Chain Operations

SCMDOJO

If you are an avid SCMDOJO Blog reader, the word ‘ Kaizen’ would be a familiar term for you. But in case you haven’t come across it yet, let us briefly touch on what it is and its concept regarding supply chain management and what Transactional Process Improvement Kaizen really is. Kaizen is a Japanese term that means “continuous improvement.” It’s a mechanism used to eliminate waste in lean manufacturing principles.

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When Supplier Negotiations Come to a Standstill

Una

Pain Points in Procurement Series When Supplier Negotiations Come to a Standstill What to do when supplier negotiations appear to be at an impasse, why negotiations break down, and how to up your chances for success. By Hugo Britt | March 9, 2023 Search Welcome to Una’s Pain Points in Procurement series. Each week, the Una team will explore one of ten common pain points impacting procurement today, and put forth actionable solutions to each of these challenges.

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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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Why Supply Chain Digitization Is No Longer Optional

Supply Chain Brain

In response to the COVID-19 pandemic, supply chain leaders have stepped up their digital transformation efforts.

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Target to roll out drive-up returns nationwide

Supply Chain Dive

The retailer expects the offering will reduce expenses for mail-in returns and provide more resale opportunities.

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IBM again recognized as a Leader in the 2023 Gartner® Magic QuadrantTM for Enterprise Conversational AI Platforms

IBM Supply Chain Blog

Artificial Intelligence is once again making waves across the tech world. The combination of new approaches to understanding language – foundation models and the generative AI revolution – and powerful, GPU-based compute is driving step function improvements in our ability to process, understand and engage in natural language. Whether enterprises are leveraging these powerful technologies to process and understand unstructured documents or build conversational AI platforms that surfa

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Better contract = Better 3PL performance

SCMR (Supply Chain Management Review)

Third-party logistics service contract management requires a balanced approach.

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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.