Sat.Oct 15, 2022 - Fri.Oct 21, 2022

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The Big Interview with Jo Meehan

Procurement Heads

You have been described in the business press as one of the ‘UK’s most influential business academics’, where did this all start for you and how did you get into procurement? Like many people in procurement, I fell into it! I would like to think people now choose it as a career, but when I left school, I didn’t have a degree, I had done A Levels in art, English and history.

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Russia Export Statistics 2022 — 18 Key Figures 

Procurement Tactics

Russia’s Export Statistics 2022 – 18 Key Figures. Russia’s export statistics are a very hot topic due to the ongoing conflict between Russia and Ukraine. This subject is very timely to know the situation of Russia’s export in times of war. . This article will guide you through the latest Russian export statistics available in 2022. We will discuss some topics that are crucial to the situation of Russia regarding its exports. .

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How to write a business requirements document: Template, examples, tips

RPF360

Learn how to create a business requirements document that effectively informs your vendor about the outcomes and expectations you have around a project. Explore examples, templates and a guide for how to create a BRD in RFP software. The post How to write a business requirements document: Template, examples, tips appeared first on RFP360.

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The bitter truth about pineapples from Costa Rica

All Things Supply Chain

Whether on pizza, toast or in dessert, certainly everyone knows (sometimes loves) the pineapple. The pineapple plant was originally native to the Caribbean and Central America.

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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.

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7 recruitment tips for building your procurement team

Procurement Heads

As a specialist procurement recruiter, with many years of experience, I’ve seen all sorts of approaches to building procurement and supply chain teams. I’ve witnessed great practices and, unfortunately, disjointed approaches to hiring. With continued competition for the best procurement and supply chain talent, a slick and well-defined recruitment process can prove to be the marginal gain that leads to a successful recruitment campaign.

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Supplier Relationship Management Software — Everything You Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. Supplier Relationship Management Software — Everything You Should Know. Supplier relationship management software is a very important factor for procurement managers to strengthen their relationship with their suppliers.

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How not to lose your job in procurement

ABC of Procurement

Why so many procurement professionals at executive level, having 10+ years of experience, are either paid a low salary or becoming redundant. The post How not to lose your job in procurement first appeared on ABC of Procurement.

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Southampton-based recruiters celebrate 10th anniversary

Procurement Heads

Rupert Gaster , Founder and Managing Director, said, “It’s a fantastic achievement and testament to the team’s hard work that we are not only able to celebrate another record-breaking quarter for the business, but also our tenth anniversary. “Procurement Heads was built from very humble beginnings, from an office space in my garden, to where we are now with an incredible 20-strong team.”.

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Supplier Onboarding — The Ultimate Guide

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. Supplier Onboarding — The Ultimate Guide . Supplier onboarding in a company can start slowly as its complexity requires the collection of information carefully. With no clear onboarding process, the whole thing can become messy which leads to confusion for both parties. .

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Data-Driven Procurement: Transparency is Essential, Not Optional

ivalua

The business case for data-driven transparency is not hard to make. In today’s dynamic, complex market, where procurement’s objectives continue to grow, data is the fuel for success. In the latest Procurement Leaders Report and Survey , we ask top-performing CPO’s how they’re prioritizing data-enabled supply chain visibility–and the changes that need to be made.

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

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.

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Why Cybersecurity Has Never Been More Important for the Supply Chain Sector

Supply Chain Brain

Employee negligence and error are among the most significant cybersecurity liabilities for companies in the supply chain sector. Here are some pointers on how companies can empower employees to defend supply chains.

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Railroads should give workers the benefits they seek

Supply Chain Dive

It's time to get freight rail back on track with a stable workforce and improved service, writes the National Association of Chemical Distributors.

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ERP Software for Construction

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. ERP Software for Construction — The Ultimate Guide . ERP software for construction helps the processes of many construction companies. However, what is this software? . In this article, we will discuss all things that you should know about ERP software in construction.

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Swedish Steel Manufacturer Selects Ivalua to Further Optimize Procurement Efficiency and Mitigate Supply Chain Risk

ivalua

Redwood, CA, 17 October, 2022. Ivalua, a global leader in spend management, today announced that it has been selected by Swedish steel manufacturer SSAB to further improve the efficiency of its procurement processes and uphold and strengthen supply chain risk management thanks to Ivalua’s Source-to-Contract (S2C) solution. SSAB is a global steel company with a leading market position in high-strength steel and related services.

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Freight Procurement Simplified: Bids from Hours to Minutes

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

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Supply Chain Senses Must Constantly Be On High Alert!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Quantum Leap to the Top 10 Supply Chain Skills of the Future! The job of a Supply Chain professional never stops. When things seem to be going smoothly there is always another problem looming around the corner. As such Supply Chain senses must always be on high alert! It is not a question of whether a new problem or challenge will occur.

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The Automation of Routine Collaborative Decisions in S&OE

Supply Chain Trend

The Sales & Operations Execution (S&OE) cycle is a much-needed addition to your S&OP/IBP process. I used to implement it as ‘The Control Cycle’. Gartner came up with S&OE and Oliver Wight now calls it ITP (Integrated Tactical Planning). Whatever you call it, you better have it as a business if you want to react to short term disruptions.

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Automating Business Data Within the Metaverse Workplace

Supply Chain Brain

An increasing number of companies are looking to adopt the metaverse as a key element of their future business plans.

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Ivalua named as a 2022 Technology Leader in Quadrant Knowledge Solutions’ SPARK Matrix for Source-to-Pay (S2P) suites, 2022

ivalua

The post Ivalua named as a 2022 Technology Leader in Quadrant Knowledge Solutions’ SPARK Matrix for Source-to-Pay (S2P) suites, 2022 appeared first on Ivalua.

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

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.

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How Increased Engagement Can Boost Employee Productivity!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Boost Employee Engagement in Supply Chain! The workplace is full of distractions. Everything from social media to gossip and internet browsing can lead to distractions. Data shows that smartphones are the top cause of distraction among employees. With so many distractions in the office, it’s easy for employees to lose focus on their work and become less efficient than they could be.

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How digitally transforming your business will revolutionize your operations

Supply Chain Dive

Qualcomm IoT platforms are transforming businesses across the supply chain industry. Here’s a breakdown of how we are helping businesses across the supply chain industry take part in the digital revolution.

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Global Labor Rates Comparison Shows China is no Longer the Low-Cost Labor Market

Supply Chain Brain

Manufacturing wages have risen in China, making the country no longer the global go-to place for low-cost labor, argues The Reshoring Institute.

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Episode 87: Leveraging the Power of the Total Commercial Value Chain with Sachin Kasture

Una

Episode 87: Leveraging the Power of the Total Commercial Value Chain with Sachin Kasture. By Kelly Barner | October 19, 2022. Procurement has long struggled to rebrand as a team that cares about more than just costs and savings. But simply adding “value” to a list of project objectives does little to win over skeptical internal stakeholder groups. What we really need is a more comprehensive way of thinking about what the company does and how we fit into that: Total Commercial Value. .

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The Ultimate Guide to Transportation and Load Building Optimization

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.

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Safety in Your Supply Chain is Crucial!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. A Comprehensive Warehouse Safety Guide! Health and safety in your Supply Chain is a necessary undertaking for businesses of any size and type. Accidents happen, but much less so thanks to robust and comprehensive legislation that keeps businesses in check when it comes to staff safety.

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New and Noteworthy Categories on Thomasnet.com for October 2022

The Thomas Blog

Since industry is constantly growing and evolving, Thomasnet.com ® is too. Our platform has over 75,000 categories of products and services, from alloy to zinc, for professionals like you to source from. And thanks to our industry specialists, we are constantly researching and adding to our platform with new supplier categories to help you keep up with current market trends. 1.

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Preparing Supply Chains for the Holiday Season With AI-powered Automation

Supply Chain Brain

Supply chains can use automation driven by artificial intelligence to bolster efficiencies, become more resilient and meet sales targets for the holiday season.

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Vendor Management and Mitigating IT Supplier Risk

Una

Vendor Management and Mitigating IT Supplier Risk. By Hugo Britt | October 20, 2022. Vendor managers have come a long way from being a cost-savings shop. Today, they are thoroughly integrated with the business and play a key part in ensuring resilience and minimizing supply chain interruptions. Cost savings will always be on the plate, but vendor managers are now managing risk from a governance and compliance perspective.

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How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

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.

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Why is Bitcoin More Widespread than the Digital Dollar?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. A Brief Guide to Buying Bitcoin From the Exchange Platform! A digital dollar has always been one of the most critical digital commodities worldwide. It is a virtual representation of the Dollar from the United States of America. But, today, it has been facing a lot of competition.

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Hurricane Ian damage largely spares supply chains

Supply Chain Dive

Although some businesses will see delays, the disruption isn't expected to compare to the Texas deep freeze last February.

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Industrial Robot Installations at an “All-Time High” — Half a Million in One Year

Supply Chain Brain

Altogether, the number of robots currently operational around the globe is reckoned to be about 3.5 million units — roughly the population of Uruguay.

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Beeline acquires Utmost: M&A quick take (Part 1)

Spend Matters

Categories: Analysis , Breaking News , Industry News , M&A , Services Procurement & Contingent Labor Management , Solution Providers , SOW Tags: EU , PRO Earlier this week, Beeline, one of the two largest vendor management system (VMS) providers, announced it was acquiring Utmost, a services procurement and total talent management SaaS vendor that is at once both “worker-” and “procurement-”centric, a combination which represents quite an evolutionary shift in the market (whilst making H

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The Evolution of Control Towers to Command Centers

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.