Procurement Leaders

MARCH 6, 2023

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.

supply chain budgeting 189

supply chain budgeting Suppliers Risk Procurement 189

SCMR (Supply Chain Management Review)

MARCH 6, 2023

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

Management 93

Management 93

Supply Chain Brain

MARCH 8, 2023

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

Supply chain 103

Supply chain Risk management Risk Supply 103

Una

MARCH 6, 2023

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

Innovation 98

Innovation Purchasing Agile and Lean Supply Chain Supplier relationship management 98

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Supply Chain Optimization

Procurement Heads

MARCH 7, 2023

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!

Leadership 246

Leadership Procurement Agile and Lean Supply Chain Import 246

All Things Supply Chain

MARCH 10, 2023

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.

Export 241

Export Supply chain Supply Logistics 241

Procurement Leaders

MARCH 10, 2023

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.

Collaboration 147

Collaboration Supply chain Management Risk management 147

ProcurePort

MARCH 6, 2023

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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Procurement Quantity Quality Price 147

All Things Supply Chain

MARCH 6, 2023

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.

Sustainability 245

Sustainability Supply chain Management Supply 245

Procurement Tactics

MARCH 8, 2023

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?

Agile and Lean Supply Chain 200

Agile and Lean Supply Chain Price Export Demand 200

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.

Supply chain

ivalua

MARCH 9, 2023

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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Sourcing Real-time Visibility e2e supply chain software solutions 130

ProcurePort

MARCH 6, 2023

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

Procurement 147

Procurement Collaboration Risk Suppliers 147

Una

MARCH 7, 2023

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.

Supply chain 131

Supply chain Supply Sourcing Procurement 131

Procurement Tactics

MARCH 7, 2023

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?

Price 190

Price Demand Export Influencing 190

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

Bidding

ivalua

MARCH 5, 2023

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” !

Innovation 130

Innovation Spend management Collaboration Supply Chain Optimization 130

SCMDOJO

MARCH 7, 2023

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.

Agile and Lean Supply Chain 118

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 118

Supply Chain Dive

MARCH 8, 2023

The U.S. Trade Representative said it is looking at all existing options and may consider new tools “to combat the harms of China’s state-led, non-market practices.

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Procurement Tactics

MARCH 6, 2023

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?

Price 168

Price Demand Quality Supply chain 168

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 Optimization

Supply Chain Brain

MARCH 9, 2023

More carriers are flying with the latest-generation turbines that — while as much as 20% more fuel efficient — also have been prone to far more frequent maintenance cycles than their more robust predecessors.

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SCMR (Supply Chain Management Review)

MARCH 10, 2023

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.

Supply chain 99

Supply chain Supply 99

Procurement Bulletin

MARCH 5, 2023

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.

Supply chain 98

Supply chain Suppliers Supply 98

Una

MARCH 8, 2023

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.

Supplier negotiation 97

Supplier negotiation Negotiation Suppliers Buyers 97

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Supply Chain Optimization

Supply Chain Brain

MARCH 6, 2023

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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IBM Supply Chain Blog

MARCH 9, 2023

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

Data 96

Data Innovation Strategy 96

Supply Chain Dive

MARCH 10, 2023

While 2022’s discounting frenzy cost the online retailer market share, the CEO told Supply Chain Dive it’s looking to grow through new categories and brands.

Inventory 101

Inventory Suppliers Supply chain Supply 101

Spend Matters

MARCH 7, 2023

Categories: Industry News , Supply Risk Management , Sustainability Tags: PRO Today global supply chain risk management data, software and services provider, apexanalytix, announced its acquisition of ESG Enterprise, an environmental, social and governance (ESG) SaaS and data analytics software provider. The terms of the deal were not disclosed. The acquisition augments apexanalytix’s ability to help customers manage their supplier and supply chain information, risk and opportunities by adding a

supply chain software solutions 91

supply chain software solutions Risk management Sustainability Risk 91

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.

Procurement

Supply Chain Brain

MARCH 5, 2023

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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IBM Supply Chain Blog

MARCH 8, 2023

Part one of a three-part series exploring how generative AI like ChatGPT is already transforming businesses Since its launch in November 2022, OpenAI’s ChatGPT has captured the imagination of both consumers and enterprise leaders by demonstrating the potential generative AI has to dramatically transform the ways we live and work. As the scope of its impact on society continues to unfold, business and government organizations are still racing to react, creating policies about employee use o

Data 92

Data Sustainability Networking Risk 92

Supply Chain Dive

MARCH 7, 2023

Sewon America will open its second facility in the state as Hyundai's planned $5.5 billion factory becomes a magnet for additional investment.

Suppliers 113

Suppliers 113

Spend Matters

MARCH 6, 2023

Categories: Commentary , Conferences , ERP , Source to Pay Tags: Webinar Jaggaer has released the recording of its recently held webinar “Elevating your source-to-pay tech strategy in 2023.” The webinar featured Jason Busch, founder and CEO of Spend Matters, and Jennifer Glassman, a procurement and payables consultant with extensive experience in designing procurement strategies in public universities.

Sourcing 90

Sourcing Strategy Procurement strategies Procurement 90

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