Sat.May 01, 2021 - Fri.May 07, 2021

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The Big Plastics Issue – Extended Producer Responsibility to the rescue!

All Things Supply Chain

We pollute the ocean with about 12.7 million tons of plastic every year, and the damage to the environment is becoming irreversible. In the UK alone, more than.

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Embedding Sustainability and Circularity With Material Intelligence for Responsible Sourcing in Digital Supply Chains

Supply Chain Queen

In Latin, the word Circulor means 'to form groups'. Doing business responsibly is now a business imperative and enabling the network effect through sustainable supply chains and circular economy is Circulor's unique mission.In episode 57, host Sheri Hinish (SupplyChainQueen) chats with Veera Johnson - supply chain extraordinaire, woman of many trades including owning a retail.

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Advantages of Negotiation in Procurement

ProcurePort

“Never take the first offer” is one of the first lessons you’ll learn in a negotiation or business-negotiation type of class. Plus, it’s fun to say. Negotiation might seem like a niche skill, but in reality, it has a much more practical and robust role in our society. Negotiation is, in fact, an innate part […]. The post Advantages of Negotiation in Procurement appeared first on ProcurePort Blog.

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4 Ways Modern Software will Empower Digital Procurement

ivalua

The past few years have been a boon for procurement, which has become increasingly strategic and critical to business. The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line. To maintain its upward trajectory, procurement must now show that it remains relevant as corporate priorities shift to restoring growth.

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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 04/30/2021 – 05/06/2021

All Things Supply Chain

Amazon spending big to take on UPS and FedEx Amazon is investing heavily in adding more warehouse and growing its fleet of airplanes, trucks and vans.

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Sheri Hinish to Keynote Africa’s 1st Continent-Wide Sustainability ‘Sustain Africa’ Conference May 18 -19, 2021

Supply Chain Queen

Building a sustainable world that leaves no one behind also means empowering citizens, communities, and businesses to lead their own revolution through common purpose. I’m thrilled to join Africa’s first-ever continent-wide sustainability summit on May 18-19, 2021 focused on sustainable procurement with the folks at Smart Procurement + sponsored by EcoVadis.The power of shared value creation and building.

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Supplier Collaboration as an Engine of Growth

ivalua

The post Supplier Collaboration as an Engine of Growth appeared first on Ivalua.

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Amazon Fuels North America’s Most Severe Warehouse Shortage

Supply Chain Brain

Finding warehouse space around Toronto has never been harder, and the e-commerce fueled shortage is disrupting businesses and threatening the broader economy.

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The Future of Distribution!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Featuring Our 10 Best Warehouse Order Fulfillment Articles! Get Our EBOOK HERE. The Future of Distribution article and permission to publish here provided by Jake Rheude. The eCommerce distribution system is never static, as new technologies cause fundamental changes in how distribution works.

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Expense Management 101: Your Guide to Expense Reporting

ProcurePort

Procurement is one of those wild-west types of departments in the business. In other words, there’s a lot of activity that falls under the umbrella of procurement, and oftentimes, not every company defines procurement in the same way. This makes it, as mentioned above, a bit lawless feeling at times, or more simply: chaotic. One […]. The post Expense Management 101: Your Guide to Expense Reporting appeared first on ProcurePort Blog.

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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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Public Procurement Metrics

ivalua

The post Public Procurement Metrics appeared first on Ivalua.

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World’s Biggest Brands Adopt Checklist to Rescue Stuck Seafarers

Supply Chain Brain

Unilever Plc and other big retail brands are among consumer giants adopting a toolkit to audit their shipping supply chains in an effort to help bring seafarers stuck on commercial vessels back home and eliminate human rights risks.

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Swiss chocolatiers left with bitter taste following Ghanaian cocoa bean announcement

Jaggaer

The post Swiss chocolatiers left with bitter taste following Ghanaian cocoa bean announcement appeared first on JAGGAER.

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Waiting for Good Forecasting is a Bad Strategy!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Create a Responsive Supply Chain to Handle Peaks and Lulls! Get Our EBOOK HERE. If you work in Business or Supply Chain you feel the results and the immense pressure caused by inaccurate forecasts. You don’t believe that good forecasting even exists. When customer demand exceeds forecast you are scrambling to get parts and materials, to secure capacity, and to expedite the movement of goods throughout the Supply Chain.

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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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Is Procurement Moving Away From Category Management? My opinion on Philip Ideson's article

World of Procurement podcast

Hey World of Procurement Legends, I'm back with a very different type of 5 minute podcast today and I do hope you are enjoying the experimentation I'm undertaking with this Procurement Podcast at present. I'd almost suggest that before you listen to this Podcast, you head over to Art of Procurement and you read this article. I share my views on why I think there's more value to a Service Provider view of Procurement rather than a Category view.

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Inflation Risk Intensifies With Supply Shortages Multiplying

Supply Chain Brain

Signs of inflation are picking up, with a mounting number of consumer-facing companies warning in recent days that supply shortages and logistical logjams may force them to raise prices.

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Direct and Indirect Spending

NLPA (Next Level Purchasing Association)

It is important for a procurement professional to know the distinction between direct and indirect spending in spending analysis. One of my students asked about the difference between direct and indirect spending, so I thought I’d post my reply here so that others may benefit from the definitions, too. Direct spending refers to the purchase of goods and services directly incorporated into a manufactured product.

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PFSCM’s Digital Transformation with a Next-Generation Control Tower

The Network Effect

The post PFSCM’s Digital Transformation with a Next-Generation Control Tower appeared first on The Network Effect.

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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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What's your approach to Sustainability in the Supply Chain?

World of Procurement podcast

Hey Procurement Legends, I thought that this five minute format of the podcast might be a good way to share some questions and some ideas around topics that are out there that we need to do more on as a profession. I thought I'd start off with Sustainability within the Supply Chain in this episode. I've seen it in my LinkedIn feed, I've had conversations about it recently and those two things combined mean we as a profession are getting more serious on this.

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Summer of Sold-Out Ships Awaits as Sea Cargo Chaos Intensifies

Supply Chain Brain

Container shipping rates are heading higher again, driven to new heights by unrelenting consumer demand and company restocking from Europe to the U.S. that are exhausting the world economy’s capacity to move goods across oceans.

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JAGGAER Appoints Dan Corazzi as Chief Revenue Officer

Jaggaer

The post JAGGAER Appoints Dan Corazzi as Chief Revenue Officer appeared first on JAGGAER.

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Episode 105 - Greg Tennyson, VSP Global

Procurement Rising

Greg Tennyson is one of the best-known and most outgoing Chief Procurement Officers in the world. He's also been a trailblazer who has delivered great results throughout his career. Andrew's conversation with Greg focused on many pandemic-related topics including: managing a distributed workforce, sustaining results through difficult times, new opportunities, and procurement's "new normal.

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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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Make sure you consider all the options when looking at new Procurement Tech

World of Procurement podcast

Hey Procurement Legends, continuing on with the new non-guest 5 min short form podcast episodes, I wanted to talk about Procurement Tech. There are a crazy number of solutions out there right now and you can check a whole bunch of them out over on Digital Procurement World here. What's my message in this episode: We have options These companies aren't always good at marketing themselves to Procurement Pros Sweep the marketplace when undertaking RFPs or you might miss out on a gem.

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Chip Shortage Forces Carmakers to Leave Out Some High-End Features

Supply Chain Brain

With the crisis stretching into its fifth month and getting worse, automakers are getting creative to keep at least some production moving forward.

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Sourcing Optimization – Easier than Ever and an Ongoing Need

Jaggaer

The post Sourcing Optimization – Easier than Ever and an Ongoing Need appeared first on JAGGAER.

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Building and defending competitive advantage in the age of data-driven strategies What role for Procurement? By Dr. Natacha TREHAN

ivalua

The post Building and defending competitive advantage in the age of data-driven strategies What role for Procurement? By Dr. Natacha TREHAN appeared first on Ivalua.

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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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How to use LinkedIn as a Procurement Pro: Finding a good Recruiter that can bring you in work

World of Procurement podcast

Ever wondered how you can better use LinkedIn to find Procurement Roles without having to hit apply now on roles? You need to work with a few trusted Recruitment Agencies and more importantly, work with a specific recruiter from that Agency. This is the best and most impactful way to find work when the economy is good and bad. I dive into this in a new 5 min format on the podcast.

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We Want It All, and We Want It Same-Day

Supply Chain Brain

As third-party logistics providers explore strategies to manage the new e-commerce era, it will be visibility, convenience and consumer choice that determine competitive advantage.

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Breaking Down the UX Formula

Jaggaer

The post Breaking Down the UX Formula appeared first on JAGGAER.

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DIGITAL PROCUREMENT WORLD 15-16 SEPTEMBER 2021

ivalua

The post DIGITAL PROCUREMENT WORLD 15-16 SEPTEMBER 2021 appeared first on Ivalua.

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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.