Sat.Jan 14, 2023 - Fri.Jan 20, 2023

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Strategic sourcing manager: Procurement role on the rise

RPF360

Strategic sourcing managers focus on maximizing the value of vendor relationships. It's a specialized skill and a rewarding path. Enabled by RFP software systems and other procurement technology, the growth potential in this role is compelling. Explore everything you need to know here. The post Strategic sourcing manager: Procurement role on the rise appeared first on RFP360.

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Four Tips for Turning Logistics Data Into Meaningful Insights

Supply Chain Brain

The ability for logistics companies to make better decisions comes down to one thing: data.

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7 Traits of Effective Procurement Leaders

Una

7 Traits of Effective Procurement Leaders. Seven traits of effective procurement leaders and how to hone in on the characteristics that will further develop your leadership skills. By Mackenzie Oakley | January 19, 2023. Search. Are you a reader? There are dozens of genres to choose from and with nearly a million books published every year (not including self-publications), there is bound to be something for everyone.

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Managing risks, priorities and talent: Nestlé’s approach to the polycrisis

Procurement Leaders

As a former farmer with some 10 years’ experience, Nestlé CPO Patricia Stroup is all too aware of the threats that can impact Nestlé. “I grew up on a farm and I had a farm for 10 years as my first job out of college. My after-school job during high school was milking cows,” she says. “Geopolitical crises, supply chain disruption, inflation – all of those, of course, are a problem.

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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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Supply Chain Weekly Wrap-Up 01/13/2023-01/19/2023

All Things Supply Chain

What China’s rise in COVID-19 cases mean for factories In the last few weeks, the Chinese government started to relax its grip on the zero-COVID policy.

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Procurement as a profit center

ABC of Procurement

Can, and under what circumstances, procurement can be considered a profit centre? Is it, actually, our job to make money for the company? The post Procurement as a profit center first appeared on ABC of Procurement.

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Translating Digital Investments into Digital Outcomes

Art of Procurement

In this week’s episode of the Art of Procurement podcast, Philip Ideson and I took some time out to give. The post Translating Digital Investments into Digital Outcomes appeared first on Art of Procurement.

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COP27 attempts to Steer Shipping Industry to New Direction.

All Things Supply Chain

The most recent (COP27) was held in Sharm El-Sheikh, Egypt between Nov 6, 2022 – Nov 18, 2022.

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Episode 98: Turning Ethos Into Action with Ian Arthurs

Una

EPISODE 98. Turning Ethos Into Action with Ian Arthurs. By Kelly Barner | January 18, 2023. It is one thing to talk about the importance of preserving the environment, and it is another to take meaningful and measurable action to drive change. Corporate sustainability programs are often started in response to consumer demand, but in order to be successful long term, they need backing from innovative, disruptive thinkers willing to blaze new trails. .

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How climate change disrupts supply chains

Strategic Sourceror

Supply chain challenges have dominated international headlines, and much of the focus has been on the fallout from the COVID-19 pandemic and the lingering consequences of the public health crisis. However, climate change poses a more fundamental threat to global supply chains, as extreme weather events, sea-level rise, unpredictable weather patterns and new compliance regulations all conspire to restrict the ability of suppliers to move goods between markets.

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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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[Pod] Digital Outcomes 2023 Agenda Reveal w/ Kelly Barner and Philip Ideson

Art of Procurement

Do fish know they are wet? Every creature on earth has a natural habitat. Procurement’s habitat is digital. And yet, The post [Pod] Digital Outcomes 2023 Agenda Reveal w/ Kelly Barner and Philip Ideson appeared first on Art of Procurement.

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Amazon’s new capacity management system lets sellers bid for more storage space

Supply Chain Dive

The reservation feature's goal is to give businesses more control over their Fulfillment by Amazon capacity "while limiting unproductive use," an executive said.

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Form of Tender

Procurement Templates

The form of tender is prepared by the client or their consultants and completed and signed by the tenderer. It is a formal acknowledgement that the tenderer understands and accepts the terms of conditions of the tender documents and any other requirements that are stipulated. To : [ Institution ] [ address ] [ Date ] Tender Ref: Tender for [Insert description].

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2022: The year of the drone delivery

Strategic Sourceror

With the supply chain better but not back to normal and carriers overworked by never-ending "next-day deliveries," retailers are turning to drone technology as a huge breakthrough when it comes to order fulfillment. So much so, some believe that 2023 will truly be the year that drones as a means of transportation will truly "take off.

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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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Participating in Procurement and Other Extreme Sports

Art of Procurement

According to a 2020 study by BCG, 70 percent of transformation projects fall short of expectations. This means that transformations. The post Participating in Procurement and Other Extreme Sports appeared first on Art of Procurement.

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Increased use of embargoes ‘a major concern’ for rail regulators

Supply Chain Dive

The Surface Transportation Board will closely monitor carriers’ use of traffic limits as Union Pacific faces backlash over traffic limits in the upper Midwest.

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Master Indemnity Agreement

Procurement Templates

Source: Gov.UK. MIA is an agreement between NHS organisations in England and suppliers that provide equipment free of charge, either on loan or on a permanent basis. The MIA Call-Off Agreement is an agreement entered into directly by an NHS Trust or another NHS organisation (“Authority”) with a supplier (“Supplier”) when it is in receipt of equipment (to include products) (“Equipment”) from a Supplier, on either a loan or transfer basis, without financial payment, for purposes to be set out as p

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Five Reasons to Invest in Enhanced Vision Technology for Your Warehouse

Supply Chain Brain

Vision capabilities provide warehousing workers and operations with simplicity, efficiency, and accuracy in generating, communicating and performing tasks that systems based on voice, radio frequency and paper can’t.

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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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Smart warehousing solutions and what they could mean for your business

Strategic Sourceror

As suppliers increasingly look for ways to overcome operational challenges in their warehouses, some are beginning to leverage smart warehouse technology like automation and artificial intelligence to improve the productivity of their warehouse associates and enhance their processing efficiencies. Reflecting this trend, the global smart warehouse technology market is expected to surge over the next few years, reaching a valuation of $29 billion by 2028, according to data from KBV Research.

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How to improve supply chain sustainability

Supply Chain Dive

Understand the value a sustainable supply chain has on your business-level goals and learn how you can. reach supply chain sustainability.

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Reading List- Understanding the Economy

Procurement Templates

I’m a very bad reader, unless I set aside time to speed read through books, I never get to finish them and some I’ve only just started 10 Megathreats … I think they will make good reading (at the moment it’s only 3! but I will add more to the list as and when I find a book I think that’s worth sharing. 2022 has been a year dominated by the war in the Ukraine and the cost of living but 2023 is promised to be another turbulent year.

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How Digitization Is Addressing Customs and Drayage Labor Shortages

Supply Chain Brain

At a time when more consumers are embracing e-commerce and global manufacturers are still trying to catch up to demand, international shipping companies and ports continue to face labor shortages. .

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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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Manufacturing Contracted End of 2022

Procurement Bulletin

Manufacturing Contracted End of 2022 Now that 2022 is in the rearview mirror, here’s another reason to be glad we’ve closed the door on 2022, December metrics say the manufacturing industry contracted rapidly due to weak demand from clients. Let’s hope 2023 gets a little rosier. Dell Moving Chip Production Outside of China In a continued exodus from China and spreading of supply chain risk, Dell, plans to move all its chip production for its products outside of China by 2024.

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ContractSafe Receives Strategic Growth Investment

ContractSafe

We've got some big news to kick off the new year. We are thrilled to announce that ContractSafe has received a $27.5mm strategic growth investment from Five Elms Capital This is our company's first institutional capital raise since we founded ContractSafe 7 years ago (feels like yesterday, right?). And we couldn't be more excited to partner with Five Elms Capital, who share our vision to offer a contract management solution that's unmatched in its simplicity and ease of use.

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New and Noteworthy Categories on Thomasnet.com for January 2023

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, from which professionals like you can source. 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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Supply Chain Trends in 2023

Supply Chain Brain

Location data, digitization, and sustainability initiatives will contribute to accuracy, predictability and carbon efficiency this year.

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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 drone delivery hasn’t taken flight in the US

Supply Chain Dive

The Federal Aviation Administration this year will propose new regulations, including changes to visual line of sight requirements to support greater drone use, a federal official said.

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A Snapshot of Supply Chain Technology

Una

A Snapshot of Supply Chain Technology. Breaking down the latest supply chain technology into several categories to provide a snapshot of the current state of the industry. By Hugo Britt | January 17, 2023. Search. Spare a thought for supply chain managers during the Age of Sail. Nineteenth-century shipowners in the great maritime trading centers of America – New York, Boston, Philadelphia, and New Orleans – would wait for months with little or no news of their ships’ fate.

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318: Blended – Parenthood vs a Career: The Ultimate Catch 22

Let's Talk Supply Chain

It’s episode 28 of Blended: I’m joined by a new panel of incredible guests and, today, we’re talking about parenthood. Traditionally, parenthood and the workplace are areas that have been kept separate and many, particularly women, have been forced to choose between them, as taking time out to have children impacts their career progression and financial situation.

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How to Win the Negotiation with Yourself

Negotiations Ninja

One of the hardest challenges of any negotiation is winning the negotiation with yourself. You’re familiar with your inner dialogue, right? You’ll ask yourself things like: Can I do that? Will he do that? Is this good enough? You’re always negotiating with yourself, whether you’re conscious of it or not. But if you can win […].

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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.