Art of Procurement
APRIL 25, 2023
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.
IBM Supply Chain Blog
APRIL 25, 2023
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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Procurement Tactics
APRIL 25, 2023
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?
SCMDOJO
APRIL 26, 2023
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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Una
APRIL 25, 2023
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.
Supply Chain Brain
APRIL 25, 2023
The addition of automation with human oversight will allow for a more frictionless process for all parties involved in the supply chain, including truckers.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Barkers Procurement
APRIL 26, 2023
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.
Procurement Tactics
APRIL 24, 2023
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?
Supply Chain Brain
APRIL 24, 2023
Supply chain leaders might be shocked to learn that the percentage of women in the workforce has decreased since 2021.
All Things Supply Chain
APRIL 28, 2023
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…
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.
Procurement Heads
APRIL 28, 2023
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.
Procurement Tactics
APRIL 27, 2023
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.
ivalua
APRIL 28, 2023
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.
Supply Chain Dive
APRIL 25, 2023
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.
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
Procurement Heads
APRIL 28, 2023
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.
Procurement Tactics
APRIL 23, 2023
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.
ivalua
APRIL 27, 2023
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
Supply Chain Dive
APRIL 27, 2023
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.
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.
Procurement Heads
APRIL 27, 2023
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
Art of Procurement
APRIL 27, 2023
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.
ivalua
APRIL 27, 2023
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?
Supply Chain Dive
APRIL 26, 2023
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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Procurement Heads
APRIL 27, 2023
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
Una
APRIL 26, 2023
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.
ivalua
APRIL 25, 2023
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.
Supply Chain Dive
APRIL 26, 2023
Laws for sidewalk-traveling bots have had clear momentum in state legislatures. But variances in each bill complicate the industry's expansion plans.
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.
Procurement Heads
APRIL 26, 2023
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.
Supply Chain Brain
APRIL 26, 2023
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.
SCMR (Supply Chain Management Review)
APRIL 25, 2023
With no sign of slowing, the trend to reshore or nearshore sourcing and production is shifting investment decisions in warehousing, logistics and manufacturing.
Supply Chain Dive
APRIL 26, 2023
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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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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