Sat.Nov 26, 2022 - Fri.Dec 02, 2022

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Green Procurement — Everything A Procurement Professional Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. Green Procurement — Everything A Procurement Professional Should Know. Green procurement is becoming a thing nowadays. Many companies are now starting to implement green procurement in their operations. However, what is it? In this article, you will learn what green procurement is.

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80% of UK businesses say Brexit caused the biggest supply chain disruption in the last 12 months

ivalua

83% fear the biggest disruption from Brexit is yet to come, while increasing supply chain disruption caused revenues to drop by an estimated 18%. London, UK, 28th November, 2022. Research from Ivalua , a leading global spend management cloud provider , has revealed that 80% of UK businesses say that Brexit has been the biggest disrupter to supply chains in the last 12 months, while 83% fear the biggest disruption from Brexit is yet to come.

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Supply Chain Weekly Wrap-Up 11/25/2022-12/02/2022

All Things Supply Chain

Qatar failing to keep its climate pledge for the 2022 World Cup Before the start of the 2022 FIFA World Cup, Qatar pledged to make this the first carbon neutral…

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RFP meaning: What is a request for proposal?

RPF360

Let's breakdown the RFP meaning and explore everything you need to know about this key business tool. Learn the definition of an RFP, who's involved in the RFP process, when you should issue one and how an RFP management system can streamline the process. The post RFP meaning: What is a request for proposal? appeared first on RFP360.

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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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MRO in Procurement — Everything You Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. MRO in Procurement — Everything You Should Know. MRO is one of the frequent words that you will encounter in the procurement industry, especially within its operations. However, many people keep on using this word without truly understanding what it is. .

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The Key Pillars of Third-Party Risk Management

ivalua

Third-party Risk Management (TPRM) within Services organizations, especially Financial Services (FSI), has become critical over the last few years. Some of this is due to regulation but a lot is simply due to the increase in risk occurrences of varying types and the increasing complexity of third- party relationships. In Q3 2021, The Hackett Group conducted a comprehensive performance study of third-party risk management across a wide demographic of companies.

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What E-Commerce Is Teaching Us About Returns

Supply Chain Brain

Itamar Zur, co-founder and CEO of next-generation shipping platform Veho, wants e-tailers to fundamentally reframe how they think about the returns side of the business.

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Cost Effectiveness Vs Cost Efficiency — Everything You Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. Cost Effectiveness Vs Cost Efficiency — Everything A Procurement You Should Know. Cost-effectiveness and cost-efficiency are often used interchangeably by many people. However, these two have different meanings which we are going to uncover today. .

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Ivalua Named a Leader in the Gartner® Magic Quadrant™ for Procure-to-Pay Suites for 4th Consecutive Year

ivalua

Redwood City, CA – November 30, 2022 – Ivalua, a global leader in spend management, today announced that it has been named a Leader in the 2022 Gartner “ Magic Quadrant for Procure-to-Pay Suites ” for the 4th consecutive year. The Gartner report evaluated procure-to-pay (P2P) solutions from 16 different software vendors across a broad set of criteria, placing Ivalua in the Leaders Quadrant based on its ability to execute and completeness of vision.

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Crypto Enthusiast Investment Tips!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Should You Reinvest Your Crypto Gains? Nowadays, getting an interest in the cryptocurrency industry is inevitable. One of the most important reasons behind the same is that the cryptocurrency industry is flourishing and making people more prosperous. If you a Crypto enthusiast looking forward to becoming rich using the cryptocurrency space, you need first to understand the whole crypto space.

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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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More shortages and prices hikes forecasted for construction’s supply chain

Supply Chain Dive

Analysts and contractors break down prices and lead times for concrete, cement, steel, lumber, insulation, drywall and HVAC equipment in the coming year.

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Majority of Supply Chain Organizations Prioritizing Sustainability

Supply Chain Brain

The majority of supply chain organizations surveyed in October and November — 77% — claim to be prioritizing sustainability or to have plans to prioritize it in the coming year. .

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The Top CPO Metrics Used to Measure Inflation, Risk, and Uncertainty

ivalua

In recent years, the overall state of Procurement has been bolstered by increased proficiency, expanding engagement, and a growing direct impact on operations. However, the path to success is never easy. With inflation rising, CFOs must tighten their belts. And they’re not the only ones—other department heads are also increasingly budget-conscious, creating a new opportunity to partner with procurement for better budget management.

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Top Licensing and Regulatory Bodies for Online Casinos in the U.S.

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 6 Benefits of Playing Free No Download Slot Machines! Registering with a fraudulent online gambling operator is one of the worst nightmares of every gambler. It usually translates to putting your financial information at risk, meaning you might lose your money, data, and undisclosed information without your consent.

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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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LaserShip/OnTrac opens sort center near Philadelphia in time for peak season

Supply Chain Dive

The parcel carrier said the facility will effectively double its capacity in the tri-state area of New York, New Jersey and Pennsylvania.

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Logistics Companies Are Diversifying Hiring, but Challenges Persist

Supply Chain Brain

Carol Tomé at United Parcel Service and Judy McReynolds at ArcBest may have more company in the future as business schools turn out a more diverse set of graduates with supply-chain degrees.

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Value Creation Through Digital Transformation in Procurement

Una

Value Creation Through Digital Transformation in Procurement. By Eric Edwards | December 1, 2022. The recent global pandemic exposed many economic vulnerabilities, not the least of which were weaknesses in many supply chains. But COVID also revealed the growing value placed on the expertise of procurement professionals and a shifting company viewpoint from back-office worker bees to valued C-suite consultants.

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Championing procurement transformation in the C-suite: How predictive procurement orchestration accelerates executive alignment around your digital roadmap

Spend Matters

Categories: Procurement , Procurement Research , Procurement Strategy & Planning , Sponsored Article Tags: EU , Sponsored Article We are living in challenging times where companies are facing unprecedented challenges on multiple fronts. Supply shortages existing alongside inventory gluts and steep interest-rate hikes in response to economic inflation now threaten to push the global economy into a recession.

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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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Maersk, IBM to shut down blockchain joint venture TradeLens

Supply Chain Dive

The tool was intended to start a “digital revolution” for the supply chain. But it will reach the end of its life in Q1 2023 as it failed to achieve commercial viability.

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Looking to the Military Model to Improve Commercial Supply Chains

Supply Chain Brain

Military operations have always had an urgency to their supply-line management, something that has not always been present in commerce.

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Who is Responsible for the Wellbeing of Crew on a Ship?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Ways to Boost Productivity! Working hard on a ship should be under safe conditions that help productivity. If your well-being suffers, not only does this detract from your work, but the conditions can ruin your health. It is crucial that your well-being is taken care of. When you are injured because of irresponsible leadership, you can suffer from damages that negatively impact your livelihood.

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Three Steps for Making an Impact When Starting a New Procurement Role

Una

Three Steps to Making an Impact When Starting a New Procurement Role. By Hugo Britt | November 29, 2022. “Welcome! It’s so great to finally have you on board. Now, I know settling into a new role can take a little time, so I don’t want you to feel under any pressure to make any significant impact straight away. I wouldn’t expect any real results from you until you’ve spent a month or two reviewing our current supplier arrangements.

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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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FedEx stands to benefit from new de-icing pads at key cargo airport

Supply Chain Dive

The timing for the Memphis International Airport facility's launch couldn’t be better as the busy holiday season ramps up, a FedEx executive said.

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Watch: How Technology Can Solve the Last-Mile Puzzle

Supply Chain Brain

Last-mile logistics is more complicated than first- or middle-mile, and it's changing all the time, says Akash Agarwal, co-founder and chief business officer at Beans.ai.

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The Benefits of Migrating to Azure!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. An Insight into Cloud Computing! Azure, Microsoft’s cloud-based platform, is one of the most popular choices for businesses these days. It can help your business to be more agile and future-proof. Microsoft Azure offers a range of services that can help you to manage your infrastructure and applications.

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311: Step into the Future of Drayage, with Envase Technologies

Let's Talk Supply Chain

 Today I’m joined by Envase Technologies , an innovative and fast-growing transportation software brand that is on a mission to deliver a single, streamlined system that digitizes the lifecycle of a container across the intermodal ecosystem. Envase bring together everything you need to gain visibility and control over your operations, expose inefficiency, and de-clutter your system, including industry-leading TMS options to fit your needs, business intelligence, rate management tools, an integr

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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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FedEx and Cart.com launch data-sharing alliance for e-commerce fulfillment

Supply Chain Dive

The logistics giant gains a deeper look into pre-purchase behaviors, while the e-commerce platform gets access to post-purchase insights.

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Can Digitization Help Supply Chains Steer Clear of Backlogs?

Supply Chain Brain

By digitizing documents and data, supply chains can realize cost savings, promote transparency, reduce risk and boost efficiency across the state of California. .

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Why Should You Get a Smart Lock for Office Doors?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Importance of Cybersecurity for Businesses! In today’s world, people pay a lot of attention to protecting their data. Data is everything to people, be it about their dog, food, or any detail of their life. Not to mention personal and work data have the most importance, and you cannot compromise their protection at any cost.

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Jaggaer vs Coupa: Direct sourcing head-to-head technology evaluation and comparison

Spend Matters

Categories: Procurement Systems & Architecture , Sourcing Tags: Head-to-Head , PRO , SolutionMap Head to Head , SolutionMap Premium , SolutionMap Sourcing , SolutionMap Sourcing Premium Sourcing providers that boast specific capabilities for direct materials is a hot market, and Jaggaer and Coupa, the two contenders for today’s head-to-head analysis, are among the market's hottest competitors.

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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.