Sat.Jul 09, 2022 - Fri.Jul 15, 2022

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A global food supply chain crisis: The causes, impacts and solutions

All Things Supply Chain

So far, 2022 has come with many ups and downs, with uncertainty remaining certain. We’ve seen supply chain shortages, supply chain recoveries, skyrocketing prices and much more.

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Procurement Heads announce a new strategic partnership with Kaleida

Procurement Heads

Hayley Packham, Operations Director at Procurement Heads, said, “We are delighted to be partnering with such a forward-thinking organisation as Kaleida. “Equality, diversity and inclusion are embedded into our DNA and one of our core business pillars. “We firmly believe in equality for all and have pledged to continue attracting a workforce that reflects this, not only for ourselves but for the clients and candidates we engage with.

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Trending Sources

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Managing Supply Chain Disruptions: U.S., U.K. Manufacturers Accelerate Procurement

ivalua

Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supply chain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. Redwood City, CA, July 12, 2022 – Manufacturers are working to accelerate digitization initiatives to manage supply chain disruptions in 2022 and beyond, according to an original survey commissioned by Ivalua , a leading global spend management cloud provider.

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Energy procurement: Definitions, RFP guide and examples

RPF360

Explore how you can cut costs, improve efficiency and reduce risk by initiating an energy procurement project. This guide provides key definitions, a guide on how to write an RFP and more. The post Energy procurement: Definitions, RFP guide and examples appeared first on RFP360.

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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 07/08/2022-07/14/2022

All Things Supply Chain

Mexico’s beer shortage worsened due to supply and demand problems In recent times, beer makers have struggled to source cans and glass bottles for their products, but now, robust demand…

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Procurement Executive — The Ultimate Guide of 2022

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. Procurement Executive — The Ultimate Guide of 2022. Having a procurement executive in your company will determine the success of your procurement process. However, many newbies in the procurement field are wondering what is the role of a procurement executive.

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5 Tips to Leverage Digital Tools to Deliver Tangible Sustainability Improvements

ivalua

Procurement Leaders Webinar. Speakers: Arnaud Malardé, Ivalua | Hélène Vermont, Michelin Group. With mounting pressure for organizations to make tangible contributions to Environmental, Social, and Governance (ESG) initiatives, the procurement function must strategize to implement and report their collective efforts. Buyers are expected to scrutinize every aspect of the purchasing process to identify ways to reduce their carbon footprint, source sustainable materials, and promote diversity.

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Top 10 Best Supply Chain Job Boards

SCMDOJO

Supply Chain Job Boards are aplenty, but how do we classify the ones worth our time as SCM Professionals? To help answer this question and reduce time wastage going through multiple platforms, we ran a survey based on recommendations provided by several professionals on supply chain job boards, including those I have tried over time. The platform includes supply chain entry-level jobs and supply chain remote jobs.

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Procurement Service Provider — The Ultimate Guide of 2022

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. Procurement Service Provider — The Ultimate Guide of 2022. The demand for a procurement service provider has increased due to the global market conditions. Additionally, the demand has increased as many buyers or firms cannot negotiate a reasonable price for products or services.

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Global Procurement Services and Strategic Sourcing – ProcurePort

ProcurePort

• The quest for efficiency and agility in supply chains has led companies to develop relationships with suppliers from all over the world. • Companies cannot limit themselves to only sourcing from one supplier or market when value opportunities abound elsewhere. • Global trade has led to complications in supply chains and despite the evolution […].

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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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California Throws 70,000 Truckers in Gig-Work Legal Limbo, Risking Supply Chains

Supply Chain Brain

About 70,000 truck owner-operators who form the bedrock of California’s transport industry are in limbo as state-level labor rules start applying to them, creating another choke point in stressed U.S. supply chains.

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Types Of Email Marketing: 10 Emails You Should Be Sending

The Thomas Blog

Whether you are just starting with email marketing or you're already sending marketing emails every week, you know that emails are one of the best channels to sell — and smart marketers are always looking for new ways they can build relationships and grow revenue. You might be asking yourself: Should I nurture subscribers with weekly newsletters? Are dedicated sends (standalone emails with one offer) better at optimizing my sales and marketing funnel?

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Procurement Function — Everything a Procurement Professional Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. Procurement Function — Everything a Procurement Professional Should Know. The procurement function is one of the keys for a business to succeed. The global pandemic and the ongoing war between Russia and Ukraine have disrupted the supply chain.

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5 Simple Steps to Writing the Perfect Request for Quote (RFQ)

ProcurePort

• A request for a quote is a formal document sent out to vendors asking them to submit pricing quotes based on a particular brief. A request for proposal (RFQ) is an objective way to compare vendors. • Normally, your RFQ will go out to vendors after or as part of a request for proposal […]. The post 5 Simple Steps to Writing the Perfect Request for Quote (RFQ) appeared first on ProcurePort Blog.

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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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Supply Chain Greenwashing? Six Certifications to Look For

Supply Chain Brain

In recent years, consumers have become increasingly interested in shopping sustainably. With that increasing interest has come a lot of confusion — 64% of Americans are willing to pay more for sustainable products, but 26% don’t know how to identify them.

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Risk Mitigation Strategies to Address Organizational Challenges

ivalua

The post Risk Mitigation Strategies to Address Organizational Challenges appeared first on Ivalua.

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Procurement Tender — The Ultimate Guide of 2022?

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. Procurement Tender — The Ultimate Guide of 2022. Procurement tender is very important for the company to carefully select their supplier. But how do companies issue tender? For this article, we will discuss everything about the procurement tender.

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How peas are fixing a food processor's supply chain challenges

Strategic Sourceror

Popular as a Thanksgiving side dish or included ingredient in main courses and traditional cuisine, green peas are pretty ubiquitous for a vegetable that's the very definition of bite size. Replete with vitamins A and C, and folate yet low in calories, they're a family staple for dinners and as a veggie to freeze since they keep so well. But could the powerful pea also be the key to fixing some businesses' supply chain challenges?

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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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From Smartphones to Cars, Chip Supply Woes Baffle Investors

Supply Chain Brain

It’s getting complicated for investors in semiconductors, with last year’s big chip shortage morphing into an inventory glut for some companies, and others getting caught up in geopolitics.

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Why Automating The Urban Middle-Mile is Key for Fast and Predictable Deliveries

Let's Talk Supply Chain

In today’s retail landscape, convenience is at the heart of consumer buying behavior. McKinsey reports that over 90 percent of US online shoppers expect free two- to three-day shipping, and a recent Shopify survey revealed that shipping cost had a significant influence on purchase decisions for nearly 75 percent of consumers. Shipping speed is critical to compete in the marketplaces of the future, and many retailers and logistics companies are turning to innovations to enable new delivery models

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The Importance of Cross-Functional Collaboration

Una

The Importance of Cross-Functional Collaboration. By Mackenzie Oakley | July 12, 2022. Team work makes the dream work, right? It’s kind of cheesy but there is truth in that statement. No one is capable of handling everything by themselves, all of the time. We may try, of course, but eventually most of us will need to surrender to the fact that a little support and assistance would go a long way.

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How to Leverage the Supply Chain to Meet Your ESG Goals

Procurement Foundry

If someone on the street asked you if you would like to do better at reaching ESG goals (such as protecting and conserving our environment), I think you would be hard-pressed to find someone to say no. Of course, we want these things! But, if asked by that same person in a follow-up question what we are actively doing (or willing to do) to make this want a reality, the response might be an awkward silence for many.

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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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Four Pain Points — and Remedies — for Supply Chains Right Now

Supply Chain Brain

The adoption of tactical “firefighting” rather than a strategic approach should sound alarm bells, not least because of the missed opportunity to revolutionize supply chain planning. .

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276: Say Goodbye To Unreliable Ocean Shipping, with NYSHEX

Let's Talk Supply Chain

Today I’m joined by NYSHEX , a leading shipping technology company that is creating reliable ocean shipping through effective digital contracts. NYSHEX was built to restore trust and reliability in global trade. As the leader in two-way committed contracts, their neutral exchange unites shippers and carriers with a predictable, efficient, and accountable system for global commerce.

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How Gender Biases and Cultural Norms Impact Negotiations

Negotiations Ninja

Suzanne is a Professor of Management & Conflict Resolution at George Mason University. She’s also taught at IMD in Switzerland and Seattle University. She’s had the opportunity to teach on six continents. And throughout her years as a consultant, professor, and advisor, she’s witnessed how gender biases and cultural biases impact one’s ability to negotiate.

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New and Noteworthy Categories on Thomasnet.com for July 2022

The Thomas Blog

Since industry is constantly growing and evolving, Thomasnet.com ® is too. Our platform has over 75,000 categories of products and services, from alloy to zinc, for professionals like you to source from. And thanks to our industry specialists, we are constantly researching and adding to our platform with new supplier categories to help you keep up with current market trends. 1.

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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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Supply Chains Unlikely to Stabilize Until 2024, Survey Finds

Supply Chain Brain

More than half of supply chain executives don’t expect a "return to normal" until the first half of 2024 or beyond, according to a new survey.

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[Pod] Procurement 6 – July 15th, 2022

Art of Procurement

Procurement 6 is a new short podcast from Art of Procurement that will be published in the Art of Procurement. The post [Pod] Procurement 6 – July 15th, 2022 appeared first on Art of Procurement.

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Episode 73: Bridging Business Gaps Through Reflective Procurement with Thomas Siersbæk Heller-Njor

Una

Episode 73: Bridging Business Gaps Through Reflective Procurement with Thomas Siersbæk Heller-Njor. By Kelly Barner | July 13, 2022. Procurement can talk about systems and processes all it likes, but without making a real and lasting investment in people, sustained success will remain elusive. In many cases, this means learning to understand the motivations of people quite unlike themselves, walking a mile in their shoes before trying to drive specific types of engagement.

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“Doors you couldn’t touch, switches that melted and wheels that turned square” – Why do PPPs usually fail?

Procurement Insights

Two years ago, I posted the following question on LinkedIn: Can procurement collaborate and innovate outside of a crisis situation? (Question after reading Boston Consulting Group (BCG) post shared by Lance Younger ). The post, which garnered almost 93,000 views, stimulated one of the more interesting and energetic dialogues with which I have been involved since joining LinkedIn in 2007.

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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.