Sat.Jan 28, 2023 - Fri.Feb 03, 2023

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Changing the Face of Procurement

Una

Changing the Face of Procurement Tips for changing the face of procurement and how practitioners can combat outdated perceptions of the sourcing function. By Hugo Britt | January 31, 2023 Search A recent article from Chief Executive.net doesn’t pull any punches when it comes to perceptions of procurement. The writers describe the function as an “unglamorous, unloved part of the business,” and the “corporate equivalent of being sent to Siberia.

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When to Prepare for the Next Peak Season? When the Last One’s Over

Supply Chain Brain

The sooner you start thinking about your peak-season transportation needs and the more regularly you check in with your customers and your carriers, the more likely you'll execute a successful season.

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Shortages 2023: 4 goods facing tight supplies this year

Supply Chain Dive

Even as supply chain chokepoints ease for many products, world events still weigh on the availability of some key goods.

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Enabling Intelligent Visibility With Supply Chain Analytics

Supply Chain Brain

The goal of digitization is to create full transparency into every stage of the supply chain.

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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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5 Tips to Negotiate Over Anything

Procurement Bulletin

How to Assess Vendors to Lower Staff Medical Costs Want to improve health care benefits for your staff yet keep the costs low? Here’s how. 5 Tips to Negotiate Over ANYTHING Negotiating is a key skill not just in procurement and vendor relationships, but in your every day life. Here’s five tips on how to negotiate over anything. Offshoring to India As we’ve written about the exodus of production from China to reduce supply chain risks, another beneficiary of this move is India.

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Why using a procurement recruitment agency can help with a company’s hiring plans

Procurement Heads

As specialists in finding and placing top procurement and supply chain talent, we have the expertise and resources to identify the best candidates and help them to make the right hiring decisions. In this blog, we’ll explore why using a procurement recruitment agency like Procurement Heads can prove hugely beneficial to a company’s hiring process. The Benefits of Working with a Specialist Procurement Recruitment Agency Access to a Wide Network of Candidates With more than a decade in business, w

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The RFQ: A request for quotation how-to guide with template

RPF360

A request for quotation (RFQ) can be a key component in your procurement process. Are you taking advantage of this tool? Explore how the RFQ works, when you should use one and how to write it. This guide also provides examples and templates to help you get started. The post The RFQ: A request for quotation how-to guide with template appeared first on RFP360.

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Make Safety Your Warehouse’s New Year’s Resolution

All Things Supply Chain

The new year is a perfect time to reflect on the past 12 months and determine how to improve.

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DuPont CPO Gonzalez on geopolitical risks, building relationships and prioritising amid the polycrisis

Procurement Leaders

Miguel Gonzalez is no stranger to choppy waters. Long before he embarked on his career in procurement, the CPO of multinational chemicals behemoth DuPont spent six years in the Spanish Navy before his circumstances changed and he came to realise life at sea was not conducive to raising a family. “I thought that was going to be my career. But, I met my wife, we got married and had a kid, and I realised that being in the navy and having a family were not compatible, so I quit,” he tells Proc

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Head2Head with Stephen Ainsworth

Procurement Heads

For Procurement Heads ‘ latest Head2Head, he spoke to James Dobbin about his career and what makes Turner & Townsend a great place to work. Could you explain to us what your role entails? The Principal Consultant role in CommDP consists of supporting the MoD across all commercial activities, so we support the MoD across the Army, Navy, air, and strategic demands.

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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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A three-man company making a million USD in revenue

ABC of Procurement

Here is a story I would like to share with you from my career. It is quite common for me to share them with my younger colleagues so they can learn from them. The post A three-man company making a million USD in revenue first appeared on ABC of Procurement.

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Supply Chain Weekly Wrap-Up 01/27/2023-02/02/2023

All Things Supply Chain

Amazon & UPS submit patent for drone delivery integration Both Amazon and UPS have recently submitted patents on how to integrate autonomous vehicles (AVs) into their supply chain operations.

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It’s Time for Procurement to own Scope 3 Emissions

ivalua

Why should Procurement own Scope 3 Emissions? The answer is simple- suppliers and spend. For most procurement (and supply chain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. Most organizations are familiar with Scope 1 and 2, as they are direct and indirect emissions from your own operations.

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The Big Interview with Rees Thomas

Procurement Heads

For Procurement Heads ‘ latest Big Interview, he spoke to Rahim Ali Ahmad from our Consumer practice about his career and the procurement function’s responsibilities at graze. How did you get into procurement? My career has been much like many people in the industry, I fell into it. When I left university, I wasn’t sure what I wanted to do with my life, ended up working in a hotel, and got lucky in the sense that a job opened up in the procurement function.

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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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Top 10 CEOs Who Have Had Roles in Supply Chain

SCMDOJO

From tech giants to manufacturing leaders, the top 10 CEOs in the supply chain industry have blazed a trail of success. Explore their stories and accomplishments, and be inspired to become an effective leader in your own right. Don’t forget! We have tons of other interesting blogs with valuable insights related to the supply chain field, such as the following: 6 Logistics KPIs Attributes That are Essential Evolution of Supply Chain Management and Logistics Rising Supply Chains Complexity &

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FedEx Office to end SameDay City service

Supply Chain Dive

The carrier’s retail service unit is ditching what it dubbed “the fastest local shipping option” in large metro areas as the shipping giant looks to reduce costs.

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It’s Time for Procurement to own Scope 3 Emissions

ivalua

Why should Procurement own Scope 3 Emissions? The answer is simple- suppliers and spend. For most procurement (and supply chain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. Most organizations are familiar with Scope 1 and 2, as they are direct and indirect emissions from your own operations.

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Procurement Heads win national award

Procurement Heads

The awards, which took place at the Brewery and were presented by comedian Jo Caulfield, recognise companies for their ongoing development and improvement of their teams. Procurement Heads were particularly praised for their investment in the team at every level. Rupert Gaster, Founder and Managing Director of Procurement Heads, said, “I am particularly proud that we have won this award as it recognises the team’s amazing contribution to our overall success as a business.

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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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Supply Chain Visibility Isn’t Just a Catchphrase; It’s an Imperative

Supply Chain Brain

The rapid growth of direct-to-consumer (D2C) fulfillment models during COVID-19 has decentralized demand, adding to complexity, cost and volatility. Supply chain visibility isn’t just a catchphrase; it’s an imperative.

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Maersk taps drones for warehouse inventory management

Supply Chain Dive

Four facilities are already making use of the Verity drones, and the company is planning to deploy the tech further in 2023.

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Discover digitalization best practice at eWorld Procurement and Supply

Spend Matters

Categories: Conferences , Sponsored Article Tags: sponsored post The need to stay agile and adapt in a tech-led future is a challenge facing all organizations operating in every sector. Whether you are Deliveroo, Thames Water, G4S or IHS Towers (look out for more details on their upcoming panel debate in our next article), organizations need to use the right technology and have access to a flexible skills base to be resilient to change.

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Futureheads: Harsh Bhatia

Procurement Heads

For the latest of Procurement Heads ‘ Futureheads series, Harsh spoke to Dan Goodson about his procurement career journey. Can you tell us a bit about your role at Balfour Beatty? I am an IT Buyer and procure software and hardware. I am responsible for the purchasing activities of Balfour Beatty on a large scale worth millions of pounds and have to make important decisions on what to recommend to our internal stakeholders and CIO.

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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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Measuring KPIs and KRIs for Comprehensive Supplier Performance Management

Supply Chain Brain

While every organization tracks key performance indicators (KPIs) on some level, this data is rarely correlated with key risk indicators (KRIs).

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Flytrex, drone partner receive critical FAA approval for expansion

Supply Chain Dive

The carrier, whose customers include Taco Bell and Wendy's, may be able to scale delivery service to 82 million eligible properties nationwide.

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Change Management in Procurement

Una

Mastering Change Management in Procurement Change management in procurement is an integral part of any sourcing manager’s job. Here are three steps to overcome resistance to change. By Kris Lance | February 2, 2023 Search It’s probably safe to say your organization is experiencing a lot of changes these days. Implementing and adapting to change can be challenging for everyone and you’ve most likely witnessed a major change fail to land within your organization, even under normal circumstances.

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Unlocking the hidden power of retail media-enhanced supply chains

SCMR (Supply Chain Management Review)

The complexity, cost and unpredictability of retail supply chains can burden retailers with excess inventory and costs. The solution could be the retail media-enhanced supply chain.

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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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Watch: Modernizing EDI to Scale Freight Procurement

Supply Chain Brain

Kyle Jepson, senior vice president of product at Emerge, and Erik Kiser, chief executive officer of Orderful, relate a case study about how Emerge implemented a modern electronic data interchange (EDI) platform.

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FedEx to lay off 10% of management staff

Supply Chain Dive

The cuts will help the delivery giant become “a more efficient, agile organization,” President and CEO Raj Subramaniam told staff.

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Episode 100: Marking a Major Milestone with the Masters of the Unaverse with Anthony Clervi and Kris Lance

Una

EPISODE 100 Marking a Major Milestone with the Masters of the Unaverse: Anthony Clervi and Kris Lance By Kelly Barner | February 1, 2023 The average podcast only produces 6 episodes before ‘podfading’… and only 10% of podcasts make it to episode 100. To celebrate this special milestone, host Kelly Barner is joined by two ‘Masters of the Unaverse.

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Sustainable procurement and supplier collaboration: Get Vizibl’s 2030 Guide

Spend Matters

Categories: Supplier Collaboration , Sustainability Tags: sponsored post With every five weeks that pass, we edge 1% closer towards the end of the 2020s which has been the most decisive decade of our lives for the climate crisis and, more broadly, for the sustainability of our planet. As of 2023, the situation could not be graver. We now have a 50% chance of exceeding the Paris Agreement’s 1.5°C warming limit before we even reach 2030.

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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.