ProcurePort
SEPTEMBER 20, 2022
• In procurement, the balance of power can shift towards the suppliers for many reasons. First, suppliers can eliminate competition by applying a loss-leadership strategy that drives other companies out of business. • In other cases, demand far outweighs supply, making it hard for buyers to negotiate. Such circumstances make it important for procurement teams […].
Procurement Tactics
SEPTEMBER 21, 2022
33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. Or receive our famous weekly newsletter. Sustainable Procurement Requirements — The Ultimate Guide. Sustainable procurement requirements are closely tied to the company’s culture and policies. But what are the requirements to attain sustainable procurement?
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RPF360
SEPTEMBER 22, 2022
HR technology empowers and enables teams to improve efficiency, The post HR technology: Everything you need to know for 2023 appeared first on RFP360.
ivalua
SEPTEMBER 22, 2022
What’s your Greatest Supply Management Challenge Today? In May 2022, Ivalua commissioned Forrester to survey over 400 procurement leaders across the globe to ask how they plan to minimize the frequency and impact of supply disruptions. Stepping out of the shadow of the past few years, procurement leaders are having to rapidly master the art of supply continuity as organizations undergo major changes that demand more agility, innovation, and collaboration to survive. .
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ProcurePort
SEPTEMBER 22, 2022
• Why are there so many various types of e-procurement software? And how do you know which solution to settle for? • It’s no secret that procurement as a whole has benefited immensely from increasing automation and the introduction of sophisticated technologies. However, this has also opened the door wide open to all sorts of […]. The post Procurement Solutions and Types of e-Procurement Software appeared first on ProcurePort Blog.
Procurement Tactics
SEPTEMBER 23, 2022
33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. Or receive our famous weekly newsletter. Sustainable Procurement Operations — The Ultimate Guide. Sustainable procurement operations are the foundation of sustainability in procurement and supply chains. But how does it work and be implemented? In this article, we will discuss how sustainability works in procurement.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
ivalua
SEPTEMBER 22, 2022
Almost all UK businesses say sustainability-led innovation has become a priority, but most lack plans to improve the sustainability of goods and services. London, UK, 22 September, 2022. Research from Ivalua , a leading global spend management cloud provider , has revealed that less than a quarter of UK businesses have comprehensive and fully implemented plans and KPIs for improving the sustainability of goods and services.
ProcurePort
SEPTEMBER 21, 2022
• Vendor management is the process and best practices of managing suppliers or simply vendors. • Vendor management is a complicated and sequential process that involves selecting vendors (based on price, quality, and delivery), negotiating contracts, onboarding vendors, evaluating performance, and controlling costs. • Measuring performance and determining vendor-related risks are critical parts of any […].
Procurement Tactics
SEPTEMBER 22, 2022
33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. Or receive our famous weekly newsletter. Sustainable Procurement Business Examples — The Ultimate Guide. Sustainable procurement is being adopted by many companies to reduce their carbon emissions and achieve sustainability. Of course, there are companies that have already adopted sustainability in their supply chain. .
All Things Supply Chain
SEPTEMBER 19, 2022
In a certain area of life, individual decisions can have serious individual consequences: in court.
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.
ivalua
SEPTEMBER 19, 2022
The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. Loss of sales and market share are the most visible and measurable impacts. McKinsey estimates that shocks lasting a month or longer are occurring every 3.7 years and companies can expect to lose 42% of one year’s EBITDA every decade due to supply chain disruptions.
Supply Chain Brain
SEPTEMBER 20, 2022
Artificial intelligence has an important role to play in promoting sustainability across the supply chain, says Erin Halka, senior director with Blue Yonder.
Art of Procurement
SEPTEMBER 19, 2022
“Perhaps I shouldn’t say this in a public sphere, but within our class of multilateral development banks, my ideal is. The post [Pod] Setting the Standard for Procurement in Western Africa w/ Steve Ashcroft appeared first on Art of Procurement.
Strategic Sourceror
SEPTEMBER 22, 2022
Nations, states, businesses and institutions aren't the only ones "going green" nowadays — supply chain processes are as well. From eco-friendly warehouses to logistics entities investing in all-electric trucks to help with carbon emissions reduction, organizations aren't just advocating for sustainable supply chain practices, they're carrying them out by practicing what they support.
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
Supply Chain Game Changer
SEPTEMBER 18, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Small Business Risks in Accepting Cryptocurrencies! Storing your cryptocurrencies in exchanges might be risky, and it is dangerous to leave them there for extended periods. Cryptocurrency platforms have been plagued with bugs, hacks, and exploits that have resulted in millions of dollars in losses in their brief history.
Supply Chain Brain
SEPTEMBER 19, 2022
The recently enacted Ocean Shipping Reform Act of 2022 gave the U.S. Federal Maritime Commission stronger oversight of how ocean carriers and marine terminals treat shippers. Now, FMC is being called on to wield some of that power.
Supply Chain Dive
SEPTEMBER 20, 2022
Looking ahead, Port of Los Angeles Executive Director Gene Seroka projected the port would have “lighter numbers” for the rest of the year.
Strategic Sourceror
SEPTEMBER 23, 2022
For food retailers, be they major supermarket grocery chains or one-location mom-and-pop shops, supply chain disruptions come with the territory. Unexpectedly elevated demand, weak harvests for berries and melons or unreliable wholesalers leave shelves spotty and customers disappointed from time to time. But rarely have so many food retailers encountered supply chain challenges all at once, despite being long removed from the worst of the pandemic.
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 Game Changer
SEPTEMBER 19, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Why Online Reviews are Essential for Small Business! As with the power of social media and the internet, no business is small, and nothing is impossible. You just have the willpower to be able to succeed and actualize your small business marketing ideas. You know the golden rule in marketing is that you promote your product or services where there is lots of attention.
Supply Chain Brain
SEPTEMBER 20, 2022
Automation in the supply chain is certainly not new. However, recent advances in artificial intelligence-based systems have made automation far more effective.
Supply Chain Dive
SEPTEMBER 21, 2022
Navigating volatility during the pandemic wasn't easy. Several speakers shared their approach during a session at CSCMP Edge 2022.
Let's Talk Supply Chain
SEPTEMBER 22, 2022
Over the last three years, we’ve all seen the human side of supply chain as frontline workers and supply chain leaders have found solutions to keep communities thriving through a decade defined by constant disruption. Between climate-driven events, COVID closures, and continually growing talent gaps, the human side of supply chain is an important element that needs to come into focus—both the impacts of supply chain disruption on consumers, their communities, and families.
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Supply Chain Game Changer
SEPTEMBER 22, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What are Bitcoin Wallets? A digital wallet is an electronic wallet that is used to keep the security of user investments, and it comes in many different types. It is the most excellent method to protect your asset, and one must always start trading after buying the digital wallet.
Una
SEPTEMBER 21, 2022
Episode 83: Creating a Delightful Customer Experience with Sarah Kaye. By Kelly Barner | September 21, 2022. There are differences in procurement by industry, company, and even between direct and indirect procurement, but each team or individual still has an opportunity to make meaningful contributions to the customer experience. Active listening and focusing on what really moves the needle can keep procurement focused on what matters most.
Supply Chain Dive
SEPTEMBER 22, 2022
Supply chains are still warming up to “bioregenerative” packaging that uses renewable, compostable materials with the same properties as plastic.
Supply Chain Brain
SEPTEMBER 23, 2022
Mike Wang, chief executive officer and founder of Innocent Armor, and Dwayne Shakespeare, director of e-commerce and parcel with Jillamy Inc., explain why Innocent Armor turned to Jillamy for a fulfillment center that could scale in line with the client’s projected growth.
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.
Supply Chain Game Changer
SEPTEMBER 22, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Reality of Automation in Procurement! Choosing suppliers. Finding the right products. Making requisitions. Getting the right amount of products at the right price. All of these are the challenges of working in procurement, necessitating an automated procurement system. But procurement is one of the most integral parts of running an operation.
Una
SEPTEMBER 20, 2022
How to Adjust to Evolving Technology Costs & Avoid IT Spending Mistakes. By Eric Edwards | September 20, 2022. As the ball dropped in Times Square heralding the start of 2022, a once technological juggernaut passed quietly into the history books—BlackBerry. Within two decades, Canada’s once ubiquitous smartphone company grew until another eponymous fruity IT company introduced its iPhone.
Supply Chain Dive
SEPTEMBER 21, 2022
The agency is streamlining its facility footprint in a five-year initiative, Postmaster General Louis DeJoy said in an interview.
Supply Chain Brain
SEPTEMBER 20, 2022
State Attorney General Rob Bonta on Sept. 14 announced the antitrust suit challenging Amazon merchant agreements that bar sellers from offering lower prices on other sites and impose stiff penalties if they do.
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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.
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