Sat.Oct 22, 2022 - Fri.Oct 28, 2022

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The Big Interview with Mark Grant

Procurement Heads

How did you get into procurement? It was during my time at Tesco. I actually have a background in finance, but I was looking at labour services and the commercial prospect of combining services and multiskilling staff, before I knew what facilities management was. I was asked by the CPO if I fancied the challenge and have never looked back. What are the roles and responsibilities the procurement function holds within your organisation?

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Agile procurement vs. traditional procurement

RPF360

Many businesses have experienced supply chain disruptions recently. Find out if your organization needs to switch from Traditional to Agile procurement. The post Agile procurement vs. traditional procurement appeared first on RFP360.

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Logistics Statistics 2022 — 18 Key Figures

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. Logistics Statistics 2022 — 18 Key Figures. Logistics statistics in 2022 allow people, especially professionals, to see the growth of logistics today and in the coming years. However, what are the factors that affect logistics and figures to see its growth?

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The Public Procurement Journey: Tools for Modern Challenges

ivalua

Opportunities and Challenges. One of the most significant investments in our nation’s infrastructure, the $550 billion Infrastructure Investment and Jobs Act (IIJA) , has begun to release its first waves of funding. While this bill is transformative for states, cities, counties, utilities, and education, there are massive hurdles that must be addressed before any initiatives are implemented.

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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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The Big Interview with Mark Grant

Procurement Heads

How did you get into procurement? It was during my time at Tesco. I actually have a background in finance, but I was looking at labour services and the commercial prospect of combining services and multiskilling staff, before I knew what facilities management was. I was asked by the CPO if I fancied the challenge and have never looked back. What are the roles and responsibilities the procurement function holds within your organisation?

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The Coming Food Crisis

Positive Purchasing

Jonathan O’Brien looks at what the coming food crisis means for all of us and how procurement functions must get creative to navigate their way through the challenging times that lie ahead. We ain’t seen nothing yet! There has been much written about the cost of living crisis but what we’re about to see will blow that out of the water. Put simply, we ain’t seen nothing yet!

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Procurement Teams Forced to Cut Corners as External Challenges Bite and Investments in New Technology Don’t Keep Pace

ivalua

Nearly a third (32%) of procurement teams concede to cutting corn ers with their sourcing criteria for suppliers to secure supply. 81% of procurement teams feel pressured by executive teams to respond more quickly and effectively to challenges such as inflation, disruptions, and shortages. 49% believe that global supply chains won’t fully recover to pre-Covid operational norms until 2024 or beyond.

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5 Walmart suppliers team up on renewable energy buy

Supply Chain Dive

Levi Strauss, J.M. Smucker and three others completed the first aggregated purchase power agreement under the retailer’s Project Gigaton, which encourages vendors to reduce their greenhouse gas emissions.

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Tesla, Ford and VW Sound the Death Knell for Driverless Car Hype

Supply Chain Brain

Argo AI, darling of Ford and VW, is shutting down. Tesla’s self-driving claims are under criminal investigation. It's the end of years of faulty presumptions about driverless-vehicle technology.

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Ukraine Import Statistics 2022 — 18 Key Figures

Procurement Tactics

Ukraine Import Statistics 2022 – 18 Key Figures. Ukraine’s import statistics are a very hot topic, especially due to the war between Russia and Ukraine. In this article, we will discuss the status of Ukraine’s import statistics. We will check how its imports are doing in the national market and what factors affect its imports. . Once you finish this article, you will know Ukraine’s import statistics which will allow you to grasp the situation of its imports in the country.

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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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Under Pressure, Will Procurement Take Performance Higher in 2023? 

ivalua

Under Pressure, Will Procurement Take Performance Higher in 2023? . Procurement and supply chain teams have been trying to hold the line against macroeconomic and global market forces that have been pushing hard against them for nearly three years. But the line has been slipping. If they aren’t able to overcome their challenges, 2023 could be their breaking point. .

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How the US plans to transform its lithium supply chain

Supply Chain Dive

With just 3.6% of global reserves, access to the critical mineral is vital to the country’s sustainable energy plans.

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Cross-Functional Alignment Is Critical to Establishing Supply Chain Resiliency

Supply Chain Brain

The supply chain of the future has clear visibility and is collaborative. Organizations will need to understand the state of the supply chain in real time, while aligning cross-functionally to reduce ad-hoc firefighting.

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Ukraine Export Statistics 2022 — 18 Key Figures

Procurement Tactics

Ukraine Export Statistics 2022 – 18 Key Figures. Ukraine’s Export Statistics allow people all over the world to know its situation despite the invasion of Russia. . In this article, we will tell you the figures regarding Ukraine’s export statistics amidst the ongoing war. We will discuss the relevant factors regarding Ukraine’s export that will let you know more about its situation. .

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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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Crime biggest contributor to retail shrink, report finds

Strategic Sourceror

For retailers, inventory shrinkage is an unavoidable reality. Whether it's caused by products containing defects, items getting lost or misplaced during shipping or a variety of other scenarios, when merchandise isn't available for purchase, it's chalked up to shrinkage. Another shrinkage contributor is theft, and based on a newly released report , it's a multi-billion dollar problem across the country.

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How to Improve Procurement Efficiency

Una

How to Improve Procurement Efficiency. By Hugo Britt | October 26, 2022. Procurement was once known for imposing clunky purchasing processes. In recent years, however, many teams have managed to successfully shake off this long-outdated reputation. Procurement professionals are now celebrated for their innovation, creativity, agility, and cost-saving initiatives.

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How Supply Chain Intelligence Transforms Supply and Materials Management

Supply Chain Brain

Traditional spreadsheet solutions do not work anymore. Today’s “plug ‘n play” technology solutions are purpose-built to evolve materials management.

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UPS and FedEx rate increases are coming. Here’s how shippers can prepare.

Supply Chain Dive

Experts note that shipping rates are negotiable, but how amenable the delivery giants will be to concessions is up for debate.

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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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3 ways collaboration can make supply chains more durable

Strategic Sourceror

To paraphrase a familiar axiom, you don't fully appreciate the things that make your day-to-day business affairs possible until those things either aren't there anymore or aren't performing. This was a sentiment shared by just about every product-based company during the pandemic, when the efforts designed to stamp out COVID-19 wound up wiping out supply chains more than anything else.

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Episode 88: Global Energy Supply and Demand with Kris Lance

Una

Episode 88: Global Energy Supply and Demand with Kris Lance. By Kelly Barner | October 26, 2022. Although Europe’s energy challenges may be different than the ones faced in the United States, there isn’t any location or industry that isn’t being affected by the high prices or short supply of gas, oil, and electricity. In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes back Kris Lance, Senior Director at Una, for a recurring monthly conversation about current news stories.

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Pfizer Probed in Italy for Allegedly Hiding $1.2 Billion Profit

Supply Chain Brain

Italy’s Guardia di Finanza is alleging that Pfizer’s unit, Pfizer Italia Srl, transferred excess capital to affiliates in the U.S. and the Netherlands to avoid taxes on profits.

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Safety Check: How to Start Shipping Hazardous Materials

All Things Supply Chain

Shipping hazardous materials requires following specific procedures to identify the contents and avoid accidents properly.

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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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Keep grinches away from your supply chain

Supply Chain Dive

Agility, visibility and connectivity are all essential when it comes to keeping your warehouse or distribution center secure—not just during the holiday season, but all year.

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Think Global Logistics! (Podcast)

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chain’s Moment of Truth Has Arrived! We are at an interesting inflection point in the history of Supply Chain and Logistics. It is no longer sufficient to think locally. We must think global logistics! I recently had the opportunity to talk with La Chang, CEO at Think Global Logistics (TGL).

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How to Market Procurement’s Value Beyond Cost Savings

Una

How to Market Procurement's Value Beyond Cost Savings. By Hugo Britt | October 25, 2022. Surprise and delight is a marketing strategy used by savvy brands as a highly effective means of customer retention. Done correctly, it can drive increased brand engagement, encourage positive word of mouth, and lead to repeat purchases. But why should procurement surprise and delight its stakeholders?

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Five Essential Ways a Buy-Sell Solution Brings Resiliency and Agility to the Supply Chain — and the Business

Supply Chain Brain

Creating resilient and agile supply chains requires leveragING economies of scale when working with suppliers while minimizing risk, disruptions and shortages.

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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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Major brands call for access to 800K metric tons of chemically recycled plastic by 2030

Supply Chain Dive

Members of the Consumer Goods Forum, such as PepsiCo and Unilever, say better chemical recycling infrastructure will help them meet ambitious packaging goals.

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How to Strengthen Supply Chain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. For a Successful Business Improve Supply Chain! The need to strengthen supply chain cannot be overstated; it’s vital for efficiency, profitability, and reputability against competitors. However, the chain must be streamlined to avoid wasting time and money. This means making sure every aspect of the process is working as it should, including logistics and operations, suppliers, and the internal team.

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SaaS is still purchased the way Vanderbilt and Hill bought railroad track?

Spend Matters

Categories: Procurement Strategy & Planning , Purchasing , Technology Tags: procurement strategy and planning , SaaS It’s time procurement caught up with the fourth industrial revolution. Procurement, as it is traditionally understood, was born during the second industrial revolution, thanks to the electrification of industry the growth of railways and telegraphic communication.

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Russian Oil Logistics in Chaos Ahead of Looming Sanctions

Supply Chain Brain

A vast shadow fleet of tankers with unknown owners is being amassed to service Moscow’s interests, despite the harshest sanctions on Russian exports in history.

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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.