Sat.Apr 22, 2023 - Fri.Apr 28, 2023

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Now Is the Time to Rethink Your Procurement Operating Model

Art of Procurement

Procurement is always adjusting how they operate and align with the business to ensure that they are positioned to satisfy. The post Now Is the Time to Rethink Your Procurement Operating Model appeared first on Art of Procurement.

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4 steps to improving your ESG risk management to increase financial performance

IBM Supply Chain Blog

Environmental, Social, and Governance (ESG) risk management has emerged as a critical aspect of business strategy for companies worldwide. A 2023 IBM IBV study showed that organizations that are seen as ESG leaders are 43% more likely to outperform their peers on profitability. However, 57% of CEOs admit that defining and measuring the Return on Investment (ROI) and economic benefits of their sustainability efforts remain a significant challenge.

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Sustainable Procurement Fair Operating Practices

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Procurement Fair Operating Practices Sustainable procurement fair operating practices allow companies to give their employees a safe working environment. However, how can companies foster safe and suitable working in their sustainable procurement processes?

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Category Management in Procurement: A Comprehensive Overview & Best Practices

SCMDOJO

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money. In this guide, we’ll explore the key principles of category management and how it can benefit your organization.

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GEP Spend Category Outlook Report 2025

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

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Time-Poor in Procurement

Una

Pain Points in Procurement Series Why Professionals are Always Time-Poor in Procurement Stop struggling with being time-poor in procurement and pave the way for bigger projects, more strategic thinking, and better innovation. By Hugo Britt | April 25, 2023 Search Welcome to Una’s Pain Points in Procurement series. Each week, the Una team will explore one of ten common pain points impacting procurement today, and put forth actionable solutions to each of these challenges.

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Resetting the Transportation Industry, by Meeting Truckers Where They’re At

Supply Chain Brain

The addition of automation with human oversight will allow for a more frictionless process for all parties involved in the supply chain, including truckers.

More Trending

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Support Paper: What to expect from your partner

Barkers Procurement

This Support Paper “What to expect from your partner” is free to download! Download Now P2P Transformation: What to expect from your partner Implementing a P2P transformation represents a significant investment from an organisation. So you need to make sure you make the right decision. Before selecting a partner it’s important to understand what makes a real difference to a successful implementation.

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Identifying Suppliers — Embracing Sustainability

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Identifying Suppliers — Embracing Sustainability Identifying suppliers is crucial as they supply all the needs of every business to continue its daily operation. However, how can you identify the best supplier that is fit for your business and sustainability standards?

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How to Increase Opportunities for Women in the Supply Chain

Supply Chain Brain

Supply chain leaders might be shocked to learn that the percentage of women in the workforce has decreased since 2021.

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Supply Chain Weekly Wrap-Up 04/21/2023-04/27/2023

All Things Supply Chain

Germany quell reports on banning chip chemicals to China A report from Bloomberg on Thursday suggested that the German government was considering restrictions on the chemicals in order to reduce…

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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UPS fights to keep strike-fearing shippers from fleeing

Supply Chain Dive

The delivery giant has assigned executives to major customers to keep them from shifting volume to competitors amid Teamsters contract negotiations, CEO Carol Tomé said.

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Kotter’s Theory — Embracing Sustainability in Procurement

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Kotter’s Theory — Embracing Sustainability in Procurement Kotter’s theory of change helps companies to introduce change in the business. However, what is it? This article will discuss what Kotter’s theory is and the benefits you can gain by using it to change your business operation, especially your procurement process.

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Payment Cards FAQ: More Cash Rewards, Less Effort

ivalua

Ivalua Spend Management Insights [ivory-search] Payment Cards FAQ: More Cash Rewards, Less Effort April 28, 2023 | | Innovation by Steve Carter Unlock your Payment Solution Organizations are rethinking their traditional payment methods as they seek to maximize savings while securely streamlining the invoicing process. Ivalua is at the forefront of this transition, providing a comprehensive card-based solution that operates with leading banking partners.

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New data shows an uptick in recruitment following the Budget: but will it last? 

Procurement Heads

That’s according to the latest statistics from the Association of Professional Staffing Companies (APSCo) – the trade body for the professional recruitment sector. The data – provided by Bullhorn – revealed that permanent jobs grew 10% month-on-month in March while demand for highly skilled contractors rose 4%. Placements also increased, up 21% for permanent jobs and 11% for contract positions between February and March.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.

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Why delivery robots face a regulatory ‘nightmare’

Supply Chain Dive

Laws for sidewalk-traveling bots have had clear momentum in state legislatures. But variances in each bill complicate the industry's expansion plans.

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Supplier Code of Conduct — Embracing Sustainability

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supplier Code of Conduct — Embracing Sustainability Supplier code of conduct allows businesses to establish their internal and external expectations. However, what is it? In this article, we will discuss what supplier code of conduct is.

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CTA

ivalua

CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Those are three hot topics in the enterprise today. The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time? A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key

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New data shows an uptick in recruitment following the Budget: but will it last? 

Procurement Heads

That’s according to the latest statistics from the Association of Professional Staffing Companies (APSCo) – the trade body for the professional recruitment sector. The data – provided by Bullhorn – revealed that permanent jobs grew 10% month-on-month in March while demand for highly skilled contractors rose 4%. Placements also increased, up 21% for permanent jobs and 11% for contract positions between February and March.

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The 2nd Generation of Innovation Management: A Survival Guide

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?

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How Bed Bath & Beyond lost its suppliers’ trust — and doomed itself

Supply Chain Dive

In the years leading up to bankruptcy, the retailer alienated major vendors by betting on private labels, and when that didn’t work, stock buybacks.

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[Pod] Negotiating The Big One: UPS and the Teamsters Labor Union

Art of Procurement

The labor contract between UPS and the Teamsters union is the largest private collective bargaining agreement in North America – The post [Pod] Negotiating The Big One: UPS and the Teamsters Labor Union appeared first on Art of Procurement.

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A Balancing Act: Drive Sustainability while Managing Cost and Risk

ivalua

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Those are three hot topics in the enterprise today. The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time?

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Talent Spotlight: Andrew F. Smith

Procurement Heads

Andrew’s career started in supply chain and M&A roles in Unipart Group, before moving to Royal Mail where he was part of the procurement leadership team that transformed the function, achieving CIPS Gold accreditation in the process. From there he moved to Avis Budget Group, where he established a global procurement and supply chain function before becoming General Manager/Managing Director for Avis Budget’s car rental and mobility businesses in Denmark and Sweden, from where he has just ret

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GEP Outlook Report 2025

For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic

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5 California ports pledge to build data-sharing system for cargo fluidity

Supply Chain Dive

Los Angeles, Long Beach and other shipping hubs in the state will work together on a cloud-based tool aimed at standardizing data and boosting cargo fluidity.

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Can Smaller Operators Benefit From the Boom in Tech Innovation?

Supply Chain Brain

Logistics technology innovation is not limited to those with the biggest wallets and large technical teams to implement and manage these offerings.

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Aker BP Goes Live with Ivalua to Digitalize Source-to-Contract (S2C) and Supplier Management

ivalua

Redwood City, CA, 25 April, 2023. Ivalua, a global leader in spend management , and KPMG Norway today announced that Aker BP has gone live with Ivalua’s S2C and Supplier Relationship and Risk Management (SRM) solutions to streamline its direct and indirect procurement operations. Aker BP explores for and produces oil and gas, and is the second-largest operator on the Norwegian continental shelf.

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Talent Spotlight: Andrew F. Smith

Procurement Heads

Andrew’s career started in supply chain and M&A roles in Unipart Group, before moving to Royal Mail where he was part of the procurement leadership team that transformed the function, achieving CIPS Gold accreditation in the process. From there he moved to Avis Budget Group, where he established a global procurement and supply chain function before becoming General Manager/Managing Director for Avis Budget’s car rental and mobility businesses in Denmark and Sweden, from where he has just ret

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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

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How contractors use tech to tighten up supply chains

Supply Chain Dive

Centralized material tracking is key to shoring up the weak links in the procurement process exposed by the pandemic, construction execs say.

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Senate Votes to Overturn Biden’s Anti-Smog Rules for Big Rigs

Supply Chain Brain

Trucking companies and congressional critics argued the rules, estimated to cost about $2,500 to $8,300 per vehicle, were too expensive, and came amid driver shortages and supply-chain woes.

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Episode 112: Tough Times Don’t Last But Tough People Do with Kris Lance

Una

EPISODE 112 Tough Times Don’t Last But Tough People Do with Kris Lance By Kelly Barner | April 26, 2023 The costs of poor physical and mental health are all around us. Despite having the highest per capita spending on health care in the industrialized world AND the highest health care spending as a percentage of GDP, the United States has the lowest life expectancy at birth.

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The Big Interview with Nathalie Adotevi

Procurement Heads

For Procurement Heads ’ latest Big Interview, she spoke to Will Cooke about her career. How did you get into procurement? I studied procurement and obtained a Master’s degree in supply chain and international procurement. Following three years of studying international business, I had the option to choose across various specialisations for my Master’s degree and decided to try something completely new, which would sort of enhance my curriculum.

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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.