Arkestro
JANUARY 4, 2023
A new year offers an opportunity to reflect on the past, learn from it, and prepare for the future. Of course, old problems don’t suddenly disappear because one year ends and a new one begins. But hopefully, we can incorporate what we’ve learned into our day-to-day, creating a better—more resilient—path going forward. In 2022, procurement faced challenges on multiple fronts.
Procurement Tactics
JANUARY 2, 2023
33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. Supplier Integration — The Ultimate Guide of 2023. Supplier integration enables a robust supply chain process. However, not many people know how to collaborate with their suppliers. . For this article, we will discuss what supplier integration is.
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RPF360
JANUARY 5, 2023
Whether it's your first RFP or your 101st, sometimes we end up staring blankly at our team, wondering if we've covered all our bases. Learn how to identify and manage sources of vendor risk throughout the RFP and contract review process. The post The best request for proposal (RFP) questions to ask vendors appeared first on RFP360.
All Things Supply Chain
JANUARY 6, 2023
Apple supplier Luxshare reportedly win contract to produce iPhones The share price of Luxshare Precision, a Chinese manufacturing company for Apple, has rose more than 3%, after reports of a…
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Learn strategies to develop supply chain maturity and save on costs. In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation. Discover actionable first steps to boost your operations and reduce costs.
Procurement Heads
JANUARY 4, 2023
For Procurement Heads ‘ latest Big Interview, Rebecca spoke to Will Cooke about her career, SRM and sustainable procurement. How did you get into procurement? I got into procurement through a graduate procurement programme at British Airways in 1997. Even at that point blue chip corporations recognised the value of procurement and understood that when you’ve got substantial third-party spend, it’s important to use strategic sourcing approaches.
Procurement Tactics
JANUARY 3, 2023
33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. Mediation vs Negotiation — 5 Key Differences. Mediation and negotiation are both used as alternative dispute resolution techniques based on give and take to resolve disputes. However, how would you know if you are using negotiation or mediation?
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Supply Chain Dive
JANUARY 5, 2023
The chamber’s finance committee is questioning major manufacturers following reports of materials linked to the Xinjiang region of China.
Supply Chain Brain
JANUARY 3, 2023
The pandemic brought supply chain management into the global consciousness in a way it’s never been before. Welcome to 2023.
Procurement Tactics
JANUARY 5, 2023
33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. PunchOut Catalog — The Ultimate Guide of 2023. A PunchOut catalog is a dream come true for many procurement professionals that use an e-procurement system. . It allows them to have a purchasing experience that provides process improvement and better spend management for the entire organization without leaving their e-procurement system.
Procurement Leaders
JANUARY 5, 2023
On the face of it, Chinese President Xi Jinping’s recent decision to abandon much of the country’s strict ‘zero-Covid’ protocols in December 2022 has the potential to be a boon for global businesses. After three years of severe restrictions, the opening up of the world’s second-largest market provides huge trading opportunities that could have knock-on benefits for the global economy.
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?
Supply Chain Dive
JANUARY 4, 2023
The updated fees, which will be lower than those implemented during the holidays, will take effect Jan. 15.
Supply Chain Brain
JANUARY 4, 2023
Chief procurement officers have allocated time, resources and money to supplier diversity initiatives but they’re still insipid. Here’s a better way to grow your diverse supplier pool — and your ROI. .
SCMR (Supply Chain Management Review)
JANUARY 3, 2023
Retailers that don’t consider product returns their biggest source of supply may want to rethink their reverse logistics approaches for 2023.
Una
JANUARY 3, 2023
EPISODE 96. The Importance of Standardizing Carbon Reporting with Saleh ElHattab. By Kelly Barner | January 4, 2023. Most corporate sustainability programs are rooted in passion and a desire to continue doing well while preserving and investing in the environment. That passion is important, but it needs to be supported by quantitative standards. Not only does this make progress possible, but it also holds everyone accountable for the commitments they have made.
Advertiser: GEP
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.
Supply Chain Dive
JANUARY 3, 2023
Companies are raising wages and adding flexibility in a bid to entice workers.
Supply Chain Brain
JANUARY 5, 2023
When workers are armed with cutting-edge technology that enables them to do their jobs efficiently, burnout is reduced, and retention rates improve.
Procurement Bulletin
JANUARY 6, 2023
Increasing Drug Manufacturing Operating Capacity. If there’s one thing we learned from 2022, over-reliance on overseas suppliers or having all your eggs in one basket exposed how vulnerable many supply chains were. One industry set up to ramp up local operating capacity is drug manufacturing. As many American drug manufacturing facilities are only operating at below 50% capacity, there’s still a lot to accommodate without having to invest in new and larger operations without over-rel
The Good Spending
JANUARY 4, 2023
The Kraljic matrix is still an excellent procurement tool, yet somewhat simplistic. Its two dimensions suggest the flat Earth approach with insufficient room to cater to the complexities of modern category management and strategic sourcing situations. This article proposed an elegant scenario, which I applied to add at least three more dimensions to the Kraljic matrix.
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
Supply Chain Dive
JANUARY 6, 2023
While the retailer seeks to eventually deliver 1 million packages by drone annually, an executive said it's encouraged by the initial response.
Supply Chain Brain
JANUARY 2, 2023
Two years of logistics logjams have burdened ocean shippers with costly increases in demurrage, detention and storage fees.
SCMR (Supply Chain Management Review)
JANUARY 3, 2023
Ultimately, the goal for managers is still to create the most efficient supply chain possible for their inventory management. Rather than committing to just-in-time or just-in-case, an unpredictable world demands that managers mitigate risks by always being agile.
Una
JANUARY 4, 2023
The Basics of Group Purchasing. Discover the basics of group purchasing and the benefits of working with a group purchasing organization to develop a comprehensive procurement strategy. By Mackenzie Oakley | January 5, 2023. Search. While cost savings is likely at the forefront of any procurement initiative, the profession continues to evolve with more focus than ever being placed on risk reduction, sustainability, strengthening supplier relationships, compliance and business continuity.
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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.
Supply Chain Dive
JANUARY 5, 2023
By categorizing vendors, procurement managers can focus on maximizing the value of supplier relationships.
Supply Chain Brain
JANUARY 3, 2023
A powerful stream of densely moist air flowing off the Pacific Ocean is forecast to bring 3 to 6 inches of rain to a wide area from Eureka to San Francisco January 4 into January 5.
SCMR (Supply Chain Management Review)
JANUARY 4, 2023
The infographic below presents key ways that customer behavior has changed, how that behavior has made an impact on last-mile deliveries, and ways that organizations can make last-mile deliveries more reliable and cost-effective.
Art of Procurement
JANUARY 2, 2023
Over the course of the year, the Art of Procurement team is privileged to speak to a LOT of people. The post 3 Key Messages for Procurement Leaders in 2023 appeared first on Art of Procurement.
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.
Supply Chain Dive
JANUARY 5, 2023
Project44 data shows how challenging conditions on Dec. 23 and Dec. 24 soured what was overall a smooth peak season for last mile delivery performance.
Supply Chain Brain
JANUARY 4, 2023
Data storage managers should aim to extend the life of their data center hardware, move data to the cloud whenever possible, and delete data that is simply wasting space and money.
SCMR (Supply Chain Management Review)
JANUARY 4, 2023
How are practitioners harnessing these talents to innovate and improve supply chain performance?
Spend Matters
JANUARY 4, 2023
Categories: Best Practice , Commentary , Procurement Strategy & Planning Tags: EU , Insights Series For several years now, Spend Matters has been collecting and publishing a series of articles about predictions and insights on procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year is no different and we’ve framed the subject around “insights,” highlighting providers' observations from the year they’ve left behind and how th
Advertiser: GEP
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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