Sat.Jun 18, 2022 - Fri.Jun 24, 2022

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How to Minimize Disruptions in the Supply Chain When Upgrading Technology

All Things Supply Chain

Technology upgrades can provide various benefits and may be necessary to stay ahead of the competition. However, new systems and tools can also disrupt daily operations.

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Impact investing: RFP tips for institutional investors

RPF360

Investment committees and institutional investors can designate a subset of their assets to influence and enable social change. Explore how to get started with an impact investing RFP including information about the practice, how to use RFP technology to enable you and questions to include in your next asset management RFP. The post Impact investing: RFP tips for institutional investors appeared first on RFP360.

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Interim Talent Spotlight #4

Procurement Heads

My core goals are in the transformation of an organisation’s finance and purchasing processes. This ranges from category management, business process reengineering to cost management, and the implementation of end-to-end ERP systems. I’ve completed five end-to-end PTP transformations across healthcare, FM, telecoms, utilities and entertainment.

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5 Strategies to Establish Supply Chain Continuity

ivalua

Get up to speed with the newest changes and learn what it takes to enable effective, scalable supplier collaboration –including how to reduce risk, improve supply chain visibility, and build operational resilience and responsiveness. Ivalua’s latest eBook is the foundation for a smarter, more resilient supply chain. Download now and learn how to: Build a Solid Data Foundation.

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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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7 Advantages of 3PLs for Packaging Operations of Ecommerce Businesses

All Things Supply Chain

As your business thrives and offers more products and services, you’ll eventually determine whether or not you’ll outsource shipping and fulfillment operations.

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What Does a Successful Domestic Sourcing Plan Entail?

ProcurePort

• The advancement of global trade over the last few decades has seen an explosion in global trade. Availability of information has led companies to seek to reduce costs by outsourcing processes to countries where the cost of labor is low. • However, the last few years have seen nationalist movements gain pace. The Brexit […]. The post What Does a Successful Domestic Sourcing Plan Entail?

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The Big Interview with Gavin Long

Procurement Heads

How did you get into procurement? Quite some years ago, fresh out of school, I took the first job that was offered to me having moved down to the south coast and it was in the insurance industry. I was busy learning how to do household claims and gradually started to look around and wonder if there was more to life than insurance! I gradually learned more about the supply chain that supported the insurance industry and that companies were being used to dry out properties when there had been a fl

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Migros, A World’s Top 40 Retailer, Selects Ivalua to Digitize its Indirect Source-to-Pay Process

ivalua

Redwood City, 22 May, 2022. Ivalua, a global leader in spend management , today announced that it has been selected by Switzerland’s Migros Cooperative Retailing to support its wider digital transformation strategy with Ivalua’s comprehensive source-to-pay (S2P) solution for the retailers’ indirect spend. Migros is Switzerland’s largest retailer and employer and ranks among the world’s top 40 retailers and Fortune500 brands.

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Top 10 Winning Skills for Procurement Manager

ProcurePort

• Succeeding as a procurement manager in a dynamic operating environment requires a combination of numerous procurement manager skills. • The pace of business is fast, businesses are sourcing from far and wide, and the pressure to be super-efficient has never been higher. The availability of large amounts of data and technology means that managers […].

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World Procurement Congress & Awards 2022 – back with a bang!

Procurement Leaders

The power of real-life connection is very hard to beat. As I reflect on a few days onsite, there is one word that comes to mind: celebration , with figurative and literal fireworks all round. We are quickly becoming familiar with a landscape of political, economic, social and climate unrest, plus unpredictable global events. Our world is tumultuous to put it mildly, so challenging the status quo can seem scary.

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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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Jobs being created as Heads Resourcing moves to new Hedge End home

Procurement Heads

Heads Resourcing Group, which comprises of Procurement Heads, HR Heads and Executive Heads, is expecting to double its team following the move after 18 months of continued success. The company, which was founded in 2008, will continue to retain its office presence in Winchester. Rupert Gaster, Founder and Managing Director of Heads Resourcing Group, said, “The new office at Burlington House in Hedge End is a great space for the team to collaborate and grow together.

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Can NFTs Be an Effective Tool for Supply Chain Visibility?

Supply Chain Brain

To date, the stampede for non-fungible tokens has largely centered on the “ownership” of images, works of art and similar kinds of digital files. So what does this latest manifestation of the virtual universe have to do with the everyday reality of supply chain management?

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Contract Management Best Practice Guide

ProcurePort

• Contract management is the overseeing of a contract throughout its lifecycle. It starts with the creation, and execution, to the evaluation of vendor performance with the goal of maximizing the value an organization gets from such a contract. • Contract management is also a risk mitigation method. Proper management of contracts can help an […].

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World Procurement Awards 2022 – All Winners

Procurement Leaders

World Procurement Awards 2022 winners revealed! Read about the teams and initiatives driving procurement excellence globally.

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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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CVs…The Good, The Bad and the Ugly

Procurement Heads

But, don’t allow the high number of vacancies to let you get lazy with your CV. Bearing in mind that most people review CVs in less than 10 seconds, it’s important you make yours stand out. So – and, using a dubiously tenuous link to Sergio Leone’s classic – I asked the Recruiters at Heads Resourcing Group to share the good, the bad and the ugly when it comes to crafting a CV.

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Ivalua NOW EMEA – The race towards carbon neutrality: Procurement on the frontline

ivalua

The post Ivalua NOW EMEA – The race towards carbon neutrality: Procurement on the frontline appeared first on Ivalua.

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Supply Issues Account for Half of Surge in U.S. Inflation, Study Says

Supply Chain Brain

Supply constraints, exacerbated by Russia’s war in Ukraine this year, account for about half of the surge in U.S. inflation, with demand currently making up a third of the increase, according to new research from the Federal Reserve Bank of San Francisco.

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Event Preview: IA Week Chicago 2022

All Things Supply Chain

In the last two years, the capabilities, purpose and future of Intelligent Automation have changed.

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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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How To Find Customers For Your Manufacturing Business

The Thomas Blog

While your specific business goals might be different than your competitors or the thousands of other manufactures out there, everyone wants to bring on new customers. It doesn't matter if you're opening a new facility, expanding into creating new markets or products, or simply trying to expand your customer base, we're here to help you do so. To start, industrial businesses will need an effective online marketing and sales strategy to help them achieve their business goals — because the B2B buy

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Holistic Vendor Management – Thales – Decathlon – AXA – Accor

ivalua

The post Holistic Vendor Management – Thales – Decathlon – AXA – Accor appeared first on Ivalua.

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Shortages of Beer, Popcorn Join Supply Chain Crisis

Supply Chain Brain

A shortage of popular food items from popcorn to sriracha is hitting restaurants and grocery shelves this summer, a sign that the world’s immense supply chains are still under pressure.

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Procurement in 5-Minutes: ESG, where does procurement start?

Sourcing Solved

We live and work in a busy world in which there is little time to read, watch or listen beyond the headlines. Hello, my name is Iain Campbell-McKenna, and this is “Procurement in 5-minutes.” That’s right, in 5-minutes I promise to tackle some of the biggest challenges and deepest questions our profession and industry face on a day-to-day basis. In today’s 5-minutes I welcome AECOM’s Head of Procurement, Angus Craig FCIPS to answer the question: “ESG, where does procurement start?

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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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The Unofficial History of Spreadsheets in Procurement: Are Reports of Their Demise Greatly Exaggerated?

Procurement Insights

Like the proverbial broken record, the debate regarding the continuing use of spreadsheets has been going on for years. In truth, it is really a one-way conversation in which we all lament the inherent dangers and shortfalls of using spreadsheets and emails to procure goods and services but continue to use them. It reminds me of how my mother used to warn me that sitting too close to the television would ruin my eyesight.

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Why Holistic Supplier Management is More Important than Ever Before

ivalua

The post Why Holistic Supplier Management is More Important than Ever Before appeared first on Ivalua.

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Blockchain Tech is Vulnerable to Tampering, a DARPA Analysis Finds

Supply Chain Brain

By design, blockchain technology is meant to be free from interference by banks, companies and governments. But a new report says the decentralized system might not be working as well as many crypto enthusiasts assume.

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5 Key Factors For Adopting Best-Of-Breed Technology

HICX

As digital transformation accelerates, Costas Xyloyiannis, CEO of HICX, shares five factors for supply chain and procurement professionals to consider when adding new best-of-breed solutions. Extensive disruption at the beginning of the decade put resilience at the top of the agenda for most organizations. Now the focus is on how digital procurement solutions can be used to boost agility.

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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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e-invoice Exchange Framework: Standardization of Business Payments

Zycus Cognitive Procurement

Invoicing is one of the most critical aspects of doing business – how you get paid for the products or services you have provided. Paper invoices are becoming increasingly inefficient and outdated. And they are “preventable friction” in this digital age. It is a bygone conclusion that Electronic Invoicing (E-invoicing) is more accurate and efficient and clearly the way of the future.

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Ivalua NOW EMEA – Körber – Supply Chain Resilience: Business Continuity in a Dynamic Market

ivalua

The post Ivalua NOW EMEA – Körber – Supply Chain Resilience: Business Continuity in a Dynamic Market appeared first on Ivalua.

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Companies Are Rethinking Their Supplier Networks After Covid

Supply Chain Brain

The pandemic has changed the nature of global supply chains with companies seeking to source goods from multiple places in order to minimize shipment and production disruptions.

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Leaders in procurement champion Supplier Experience Management

HICX

Prominent members of the procurement community discuss why we should care about the supplier’s experience, at last week’s World Procurement Congress. Four inspiring procurement and supply chain leaders advocated supplier-centricity, at Procurement Leaders’ World Procurement Congress 2022, which took place in London last week. In a live session titled “Why you should care about your supplier’s experience”, speakers from leading CPG and shipping organizations took to the stage to discuss the

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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.