Sat.Apr 15, 2023 - Fri.Apr 21, 2023

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How Procurement Can Risk-Proof an Organization During a Recession

Una

Pain Points in Procurement Series How Procurement Can Risk-Proof an Organization During a Recession Five steps procurement can take to risk-proof an organization against the impacts of a looming economic recession. By Hugo Britt | April 20, 2023 Search Welcome to Una’s Pain Points in Procurement series. Each week, the Una team will explore one of ten common pain points impacting procurement today, and put forth actionable solutions to each of these challenges.

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Building the Pipeline: Five Ways to Lift Female Supply Chain Leaders

Supply Chain Brain

As a leader in end-to-end delivery and transportation with a career spanning over 15 years as an omni-channel supply chain and operations leader, I have often been the only woman in the room.

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Make your R&D procurement more efficient with one powerful solution

Jaggaer

The post Make your R&D procurement more efficient with one powerful solution appeared first on JAGGAER.

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What Does a Procurement Manager Do? Job Description and Requirements

SCMDOJO

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck. But what exactly does it entail and what qualifications do you need to thrive in this dynamic role?

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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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Sustainable Goals in Procurement — Embracing Sustainability

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Goals in Procurement —Embracing Sustainability Sustainable goals in procurement help it to stay on track with its sustainability objectives in its activities. However, what are these goals? In this article, We will tell you what are sustainability goals and their importance in your procurement process.

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Chatbots Could Help Your Supply Chain

Supply Chain Brain

Software companies are looking at how the tool can improve forecasting, procurement, inventory management and even the nuts and bolts of shipping decisions.

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Sustainable Suppliers — Everything About Sustainability

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Suppliers — Everything About Sustainability Sustainable suppliers can help companies to achieve sustainability, especially in their procurement activities as they can meet the standards for environmental and social issues.

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Building Dynamic Teams in Procurement

Una

Building Dynamic Teams in Procurement How effective leaders can use trust, diversity and inclusion to build dynamic teams in procurement and transform the way the function operates. By Mackenzie Oakley | April 18, 2023 Search This article is inspired by a recent episode of The Sourcing Hero podcast featuring Harold Hendrickx, a fractional CPO and the founder of TransExecutive, a company that deploys the Procurement Task Force model to help procurement teams enable, optimize, transform, and rapid

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Circular Recycling in the Manufacturing Sector

Supply Chain Brain

Investment in circular recycling isn’t just essential from an environmental standpoint; it can also be a smart business decision.

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The Big Interview with Simon King

Procurement Heads

Could you tell us a bit about your background? I am currently a partner at Edenseven, a consultancy based on delivering business performance through sustainability, but my background is as a Procurement Director and Global CPO. I first moved into procurement at Coca-Cola and ended up leading the strategic procurement team there, I was then Group Procurement Director for Dairy Crest before moving to become Global CPO for Tata Global Beverages.

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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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Sustainable Community — Embracing Sustainability

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Community — Embracing Sustainability A sustainable community is one of the aims of integrating sustainability in every business. However, how can you help a community be stable with sustainable procurement? This article will discuss what sustainable procurement and community are.

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Hutchinson Expands its Procurement Digitalization Roadmap with Ivalua

ivalua

Redwood City, CA, 20 April 2023. Ivalua, a global leader in spend management , and its partner Axys Consultants today announced that Hutchinson has selected Ivalua’s eProcurement software to expand the scope of its currently implemented solution and meet its evolving procurement requirements. Hutchinson is a global leader in the design, manufacture, and sale of smart mobility solutions for a variety of markets including automotive, aerospace, defense, rail and industries.

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[Pod] The Power and Danger of Asking Good Questions

Art of Procurement

In the 5th century BC, Socrates was teaching the Athenian people to think for themselves. He taught by asking questions: The post [Pod] The Power and Danger of Asking Good Questions appeared first on Art of Procurement.

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The Big Interview with Simon King

Procurement Heads

Could you tell us a bit about your background? I am currently a partner at Edenseven, a consultancy based on delivering business performance through sustainability, but my background is as a Procurement Director and Global CPO. I first moved into procurement at Coca-Cola and ended up leading the strategic procurement team there, I was then Group Procurement Director for Dairy Crest before moving to become Global CPO for Tata Global Beverages.

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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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Sustainable Government Procurement — Shifting to Sustainability

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Government Procurement — Shifting to Sustainability Sustainable government procurement is the commitment of the government to achieve sustainability in its purchases. However, what is it? In this article, we will discuss what sustainable procurement means.

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Ivalua Recognized as a Market Leader in Invoice-to-Pay by Ardent Partners

ivalua

Ardent Partners defines “Market Leaders” as providers with universal strength across their ePayables offering matched with an ability to execute at the highest level. Redwood City, CA, 18 April, 2023. Ivalua, a global leader in spend management , today announced that it has been named as a market leader in the Ardent Partners 2023 ePayables Technology Advisor.

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China sourcing tied to largest supply chain risks of 2023: report

Supply Chain Dive

Insolvencies, COVID-19 disruption and ties to forced labor raise the possibility for delays and reputational harm, according to analytics firm Everstream’s annual risk report.

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Episode 111: Taking Intelligent Risks with Mark Trowbridge

Una

EPISODE 111 Taking Intelligent Risks with Mark Trowbridge By Kelly Barner | April 19, 2023 We’ve all been mired in years of paralyzing risk and disruption… but could risk taking be just what this moment calls for? Yes – as long as the risks are “intelligent risks.” In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Mark Trowbridge.

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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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Supplier Assessment — Embracing Sustainability in Procurement

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supplier Assessment — Embracing Sustainability in Procurement Supplier assessment is needed when selecting the right supplier to achieve sustainability in your procurement process. However, how do you do it? This article will discuss what supplier assessment is in sustainability and how important it is to assess your suppliers.

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Source Wisely: Your Top 3 Public Procurement Software Essentials

ivalua

Ivalua Spend Management Insights [ivory-search] Source Wisely: Your Top 3 Public Procurement Software Essentials April 17, 2023 | | Public Sector by Jarrod McAdoo Today, state and local governments are tackling top priorities such as legacy modernization, cybersecurity, and cloud computing. These advancements in public procurement processes have driven a critical yet growing demand for procurement software solutions that support efficient planning, execution, management – ultimately result

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CPKC inks intermodal deal with Schneider

Supply Chain Dive

The trucking company will provide service along the railroad's north-south corridor, which connects the U.S. and Mexico.

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Global supply chain health: Decoding the value of supply chain indices

SCMR (Supply Chain Management Review)

Supply chain indexes tell different stories based on the data they collect, but looking at them collectively can provide a more accurate assessment.

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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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ISO 20022: Are your payment systems ready?

IBM Supply Chain Blog

ISO 20022 is a global standard for financial messaging that aims to standardize electronic data interchange between financial institutions. It provides a structured way of exchanging data for financial transactions, including payments, securities and trade services. The International Organization for Standardization (ISO) developed the standard, which is being adopted by countries and financial institutions worldwide.

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Global Supply Chains are Operating more Efficiently, Report Finds

Supply Chain Brain

The report also found that global transportation costs have fallen below their long-term average thanks to lessening pressures on shipping, rail, air and road freight.

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New York City to test local delivery hubs

Supply Chain Dive

Microhubs will provide designated locations for trucks to unload items for last mile delivery providers in a pilot program starting this summer.

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Canada Wants in On EV Supply Chain

Procurement Bulletin

Intel Foundry Partners with ARM to Make Next-Gen Mobile Chips Intel’s Intel Foundry Services unit, has partnered with British chip maker, ARM Ltd , to manufacture next-generation mobile chips. As chip demand surges around the world, we may see more and more chip rivals collaborating with each other (which is great to see). Canada Wants in On EV Supply Chain Foxconn, the massive Taiwanese manufacturer for clients such as Apple, is looking to diversify their production outside of China.

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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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How to Shift Power in a Negotiation

Negotiations Ninja

Jack Schafer spent much of his career in counterintelligence in the FBI. But during his last seven years at the FBI, he worked in the Behavioral Analysis Unit (BAU), where they’d design interview strategies based on the vulnerabilities of someone’s personality. There are numerous psychological tactics that you can use in negotiations.

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What Supply Chain Disruption Means for Retail Cybersecurity

Supply Chain Brain

Retailers should review their overall cybersecurity posture and follow some best practices to limit their supply chain attack risk.

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Canadian Pacific, Kansas City Southern combine into CPKC

Supply Chain Dive

The united company is expected to spark more competition in the rail industry and expand shipper access to ports across North America.

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Procurement Consulting: A Crucial Factor For Making Better Purchases

Procurement Freelancers

Any organisation should place the most emphasis possible on efficient procurement. Getting it properly is… The post Procurement Consulting: A Crucial Factor For Making Better Purchases first appeared on Procurement Blog | Procurement & Supply Chain News.

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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.