Sat.Sep 10, 2022 - Fri.Sep 16, 2022

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The Best Strategies for Ensuring On-Time Deliveries

All Things Supply Chain

Today’s consumer industry prioritizes efficiency more than anything else.

Strategy 264
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World Sustainable Procurement Day — The Ultimate Guide

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. Or receive our famous weekly newsletter. World Sustainable Procurement Day — The Ultimate Guide. World Sustainable Procurement Pay is an important event that is attended by many procurement professionals all over the world. However, why is it significant for people who are in the procurement industry?

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How to forecast market trends using procurement data

RPF360

This guest post, exploring how to leverage procurement data, was written and contributed by technology expert Jenn Fulmer of TechnologyAdvice. Over the last few years, supply chains experienced major disruption due to global challenges and fundamental market shifts. While no one could have predicted the specific circumstances and outcomes, we find ourselves now [.].

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Railroads cut service in preparation for potential strike

Supply Chain Dive

Shippers are calling on Congress to intervene if railroads cannot reach an agreement with two of the largest unions by the end of the week.

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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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Understanding The 7-Step Strategic Sourcing Process Flow

ProcurePort

• How can you take advantage of the Strategic Sourcing Process flow to get your organization back on track? • Marketwatch.com informs us that while the United States economy isn’t in a recession, it’s still depressing. However, it’s not all doom and gloom as the economy is on a slow climb out of the chaos […]. The post Understanding The 7-Step Strategic Sourcing Process Flow appeared first on ProcurePort Blog.

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Sustainable Supply Chain — The Ultimate Guide

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. Or receive our famous weekly newsletter. Sustainable Supply Chain — The Ultimate Guide. The sustainable supply chain is adopted by many companies due to the increasing pressure to demonstrate greater environmental and social responsibility. However, how can companies demonstrate tier responsibility through the supply chain?

More Trending

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Two-Thirds of Organizations Say Reducing Supply Chain Disruption Has Increased in Priority in Response to Recurring Black-Swan Events

ivalua

With 30% of respondents indicating their organizations are suffering from an inability to assess risk across suppliers, many are investing in new strategies to minimize the frequency and impact of disruption. 14th September, Redwood City, CA – Research from Ivalua, a leading global spend management cloud provider , has revealed that almost two-thirds (64%) of surveyed procurement decision-makers say their organizations ensuring supply continuity has increased in priority since the pandemic, with

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You Didn’t Know These 7 Steps of an Effective Purchasing System

ProcurePort

• Purchasing is the lifeblood of any functional business organization. Organizations must procure from internal and external suppliers to operate fluidly and optimize performance. • Organizations are also looking at how they can leverage globalization by deploying software, systems, and technologies that help them collaborate with strategic vendors. • Working with local suppliers at grass […].

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Sustainable Logistics — The Ultimate Guide

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. Or receive our famous weekly newsletter. Sustainable Logistics — The Ultimate Guide. Sustainable logistics is aimed by many organizations as it can achieve their corporate social responsibility and enhance their overall process. However, how can logistics achieve sustainability?

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Building Digital Resilience With Supply Chain 5.0

Supply Chain Brain

Some visionaries are predicting a Fifth Industrial Revolution: a reconciliation between humans and machines. This is what Supply Chain 5.0 speculates.

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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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Episode 82: Winning at the Game of Risk with Rohit Hajela

Una

Episode 82: Winning at the Game of Risk with Rohit Hajela. By Kelly Barner | September 14, 2022. The speed of change is so fast these days that we are living in the future already. As a result, risks from cybersecurity and ransomware are increasing – as are the costs and business implications associated with them. In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Rohit Hajela.

Risk 119
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Why You Need to Automate Your Procure-to-Pay Process

ProcurePort

• Businesses today understand the need to be competitive not only in the prices they offer customers but also in the way they carry out their operations. The procure-to-pay process represents one of the ways for businesses to streamline internal operations. • Prime steps for automating procure to pay process including purchase requisition, purchase orders, […].

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Sustainable Procurement Policy — The Ultimate Guide

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. Or receive our famous weekly newsletter. Sustainable Procurement Policy — The Ultimate Guide. A sustainable procurement policy is in place to help businesses. However, what kind of help does it do for businesses? In this article, we will talk about what sustainable procurement policies are.

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U.S. Railroad Workers Prepare for Strike as Rail Companies See Record Profits

Supply Chain Brain

A strike — the first since 1992 —. could cost the U.S. economy $2bn a day, according to a recently issued Association of American Railroads report, and workers say they will quit an industry already facing staff shortages.

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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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FedEx ramps up cost-cutting measures after earnings fall below expectations

Supply Chain Dive

Global volume declined in Q1, a trend the delivery giant expects to continue throughout the rest of its fiscal year.

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Construction Management Applications for Independent Contractors!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How a Collaborative Network Will Change the Construction World! Construction projects are among the largest projects anyone can ever get involved with. They require all the personnel involved in the projects to possess the right construction and management skills as well as the proper use of the right resources, like construction management applications.

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Sustainable Purchasing — The Ultimate Guide

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. Or receive our famous weekly newsletter. Sustainable Purchasing — The Ultimate Guide. Sustainable purchasing might be a term that many people are not familiar with. However, this kind of purchasing is important, especially in the supply chain. . In this article, we will talk about what sustainable purchasing is.

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Managed Logistics Meets Five Challenges for Complex Supply Chain Operations

Supply Chain Brain

Whatever the business — from fast-moving consumer goods to pharmaceuticals or automotive — the success of any enterprise is the result of its vertical market expertise.

Logistics 111
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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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Amazon buys mechatronics firm to fold into robotics division

Supply Chain Dive

With Cloostermans, the retail giant intends to “more rapidly deploy solutions” that support employees, improve safety and cut packaging waste.

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10 Lessons From Good Bosses!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Lessons from Bad Bosses! We believe that you can learn something from everyone. That doesn’t mean everything you learn is positive, as we’ve discussed in our article on Lessons from Bad Bosses. But here we did want to accentuate the positive and discuss lessons learned from Good Bosses!

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Port of LA urges shippers to return as operations return to normal

Strategic Sourceror

Of the United States' over 900 shipping ports, the Port of Los Angeles is the country's largest. In addition to being the entire continent's busiest, the LA authority has maintained this distinction for more than 20 years in a row, moving more shipping containers annually than any other at 9.2 million. But for the better part of two years now, the Port of Los Angeles has been the most problematic port, beset by supply chain pinch points and bottlenecks that have beleaguered the busin

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Repairing Customer Relations After the Supply Chain Crisis

Supply Chain Brain

For global supply chains, i t’s time to refocus from a survival strategy to one of sustainability and growth.

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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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Steelmakers idle manufacturing as oversupply dampens prices

Supply Chain Dive

Falling demand and rising input costs have created a “double whammy” for the industry, according to Stelco’s CEO.

Price 101
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Systems Using Digital Currency Let You Make More Money!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 4 Methods to Use Cryptocurrency to Make Money! Electronic advancements give individuals a wide range of ways to make money , including systems using digital currency. One of the ways to earn money is to engage in bitcoin trading by choosing a reliable trading platform and sign in.

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Redefining the Value Proposition of Procurement

Una

Redefining the Value Proposition of Procurement. By Hugo Britt | September 15, 2022. For Director of Global Sourcing for Medline Industries Brian Chaplin, being a sourcing hero means listening, learning, and taking action. “ It’s about being an active listener, being able to learn… and then driving change. That’s key for me. The people that I think are heroes are able to put aside what they think and truly listen to buyers, purchasing managers , and senior managers, and really learn from t

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Controlling Unconscious Bias Toward Suppliers

Supply Chain Brain

Rather than continually reassessing and optimizing supplier arrangements in an effort to ensure ongoing best value, many companies slip into a pattern of relying habitually on the same limited group of supply chain partners. .

Suppliers 105
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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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Air cargo volumes continue dip, but ‘seller’s market’ may soon return: Clive

Supply Chain Dive

August's volume drop was softer than the declines seen in June and July, which could be an early sign of demand and rates picking up as peak season nears.

Demand 101
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The Benefits of Blockchain to the Economy!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Next Great Leap in Supply Chain Transparency: Blockchain! Virtual currencies impact the economic system that extends well beyond the chances for the financial gain they provide. They are blockchain-based, which has proven to upend practically every sector of commerce that man has encountered, due to the benefits of blockchain.

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Six Ways to Improve Your Category Strategy Development

Una

Six Ways to Improve Your Category Strategy Development. By Hugo Britt | September 13, 2022. When is the last time you referred to your category strategy? Without ongoing, data-driven category strategy development, procurement professionals will struggle to drive continuous improvement and stay aligned with the business. 6 ways to improve your category strategy.

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Watch: The Real Meaning of ESG in the Supply Chain

Supply Chain Brain

The term ESG — environmental, social and governance — is familiar to most companies today. But the concept as it relates to corporate action isn't fully understood, says Bonnie Nixon, director of ESG and sustainability with Long Beach Container Terminal. .

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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.