Procurement Leaders

AUGUST 2, 2023

In my 27 years in procurement, I’ve rarely encountered a savings opportunity as lucrative as that offered by IR35 – the UK tax rules on off-payroll working. Implemented correctly, you’ll deliver seven- or even eight-figure annual savings, directly impacting the bottom line, not cost avoidance. The reality is that far too many procurement teams are missing the trick, believing that IR35 is too complex and that they face too many internal hurdles.

Procurement 182

Procurement Vendor management Procurement team Contract 182

Procurement Leaders

AUGUST 2, 2023

In association with Ivalua: Leaders must rethink their priorities, metrics, and how they position procurement as the function becomes synonymous with ESG

Procurement 100

Procurement Sustainability Strategy 100

Spend Matters

AUGUST 1, 2023

Continuing our series of analyst observations on procurement tech market movements, this week we are considering how technology serves as an enabler for procurement to expand from purely occupying a savings role to an orchestrating one. The Spend Matters analyst team learns as much from the various workshops and advisories in which we participate as the solution providers with whom we work.

Procurement 85

Procurement Supply Chain Optimization Supply Chain Efficiency Procurement solutions 85

Supply Chain Dive

AUGUST 1, 2023

While consumer demand remains low, manufacturers are preparing for better days ahead, with slightly improved production levels and stable prices.

Consumer demands 95

Consumer demands Price Demand 95

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Supply Chain Optimization

CPO Rising

AUGUST 2, 2023

Welcome to Procurement News, part of our ongoing aggregate news series covering recent supply management headlines and trends pertinent to Chief Procurement Officers and other procurement leaders. Contact us with your news story here.

Chief Procurement Officer 52

Chief Procurement Officer Procurement Supply management Management 52

All Things Supply Chain

AUGUST 4, 2023

Amazon opens robotics FC in Detroit Amazon has opened its first operations facility in Detroit, a robotics fulfilment center (FC) spanning 823,000 square feet.

Supply chain 245

Supply chain Supply Logistics 245

SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. In this article, we’ll explore seven compelling reasons why you should reduce inventory and how it can be a game-changer for your business.

Inventory 98

Inventory Supply Chain Efficiency Supply Chain Optimization Raw materials 98

Let's Talk Supply Chain

JULY 31, 2023

Today I’m joined by Commtrex, an award-winning brand that is on a mission to simplify freight by rail. Commtrex is a tech-enabled rail logistics provider with a team of experienced rail professionals, an extensive network of partners, and a best-in-class technology platform that simplifies the movement of freight and creates a competitive advantage.

supply chain software solutions 98

supply chain software solutions Logistics Sustainability Networking 98

All Things Supply Chain

AUGUST 2, 2023

The trucking industry is moving towards electric trucks to improve sustainability within the supply chain.

Sustainability 246

Sustainability Supply chain Supply Logistics 246

Procurement Freelancers

JULY 31, 2023

Are you prepared to enhance your game and master your procurement process? This article explains… The post How to Develop an Effective Procurement Strategy first appeared on Procurement Blog | Procurement & Supply Chain News.

Procurement strategies 98

Procurement strategies Strategy Procurement Supply chain 98

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

SCMDOJO

AUGUST 2, 2023

A service level agreement (SLA) is a document that outlines the expectations of both the provider (in this case, the company that installed your goods lift) and the customer (you, the warehouse manager). It details what services will be provided, how often they will be provided, and what standards will be met. Having an SLA in place ensures that everyone is on the same page and helps avoid potential issues down the road.

Import 98

Import Quality Risk Suppliers 98

Supply Chain Brain

AUGUST 2, 2023

Scope 1 and 2 emissions are currently the “elephant in the room” of many boardrooms. The “mouse in the corner,” however, is Scope 3 emissions, or those that are an indirect result of the company’s value chain—and that mouse is growing larger.

Suppliers 98

Suppliers Procurement 98

Supply Chain Dive

JULY 31, 2023

E-commerce and warehouse construction activity are showing signs of recovery, which could lead to increased demand for automation tools, according to Interact Analysis.

Demand 97

Demand 97

Procurement Freelancers

AUGUST 1, 2023

The rapidly shifting terrain of international commerce is characterized by constant evolution. Companies must strive… The post From Local Markets to Global Trade: The Role of Sourcing Agents first appeared on Procurement Blog | Procurement & Supply Chain News.

Sourcing 98

Sourcing Supply chain Procurement Supply 98

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

Bidding

Spend Matters

JULY 31, 2023

Twice a year, the Spend Matters analyst team works to score vendors in a data-driven process called SolutionMap which assesses the technical capabilities of vendors using a rigorous RFI process. This article highlights the changes and trends that our scoring process and general market knowledge has brought to our attention. This content is for members only.

Market knowledge 87

Market knowledge Procurement Data Contract 87

Supply Chain Brain

JULY 31, 2023

Supply chain attacks are extensive, meticulously planned, and take advantage of the trust between business associates and third-party software providers.

supply chain software solutions 98

supply chain software solutions Supply chain Supply 98

Supply Chain Dive

AUGUST 2, 2023

Here’s a deeper look at the planned changes, including less reliance on the U.S. Postal Service for some deliveries and a bargaining process for drone use.

Contract 97

Contract 97

SCMR (Supply Chain Management Review)

AUGUST 3, 2023

A new survey of 500 transportation leaders finds most expect stable, but slightly above normal rates and plenty of capacity over the next 12 months.

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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 Optimization

Spend Matters

AUGUST 2, 2023

Spend Matters constantly updates its understanding of the state of the procurement tech market via RFIs for our SolutionMap dataset, vendor interviews, global event attendance and product demos with the aim of keeping tech-selection decision makers ahead of market trends. But we also endeavor to grow our understanding of the wants and needs of the customers using that tech – the practitioners.

supply chain budgeting 85

supply chain budgeting Procurement Supply chain Suppliers 85

Supply Chain Brain

JULY 31, 2023

The U.S. needs to get to a place where it's easier for factories and mines to source battery materials, says Gene Berdichevsky, the co-founder of Sila Nanotechnologies.

Sourcing 98

Sourcing Innovation 98

Supply Chain Dive

AUGUST 2, 2023

The bill's introduction follows moves from Puma and Nike to discontinue the use of kangaroo skin in their supply chains by the end of 2023.

Import 98

Import Supply chain Supply 98

SCMR (Supply Chain Management Review)

AUGUST 2, 2023

Artificial intelligence can change how we move air cargo – using education instead of training is the recommended approach to prepare for the changes.

Logistics 83

Logistics 83

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Supply Chain Optimization

The Network Effect

AUGUST 3, 2023

The post 7 Supply Chain Strategies for Pharmaceutical Brands to Compete Against Generics appeared first on The Network Effect.

Strategy 87

Strategy Supply chain Networking Supply 87

Supply Chain Brain

JULY 30, 2023

When a freight broker becomes a trucker, it inherits all of that industry’s built-in headaches. But Sage Freight was determined to operate efficiently in a notoriously unstable market.

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Supply Chain Dive

JULY 31, 2023

A regional fulfillment model, machine learning and the use of same-day delivery facilities helped the company achieve that milestone, an executive said.

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SCMR (Supply Chain Management Review)

AUGUST 4, 2023

Macy’s has doubled down on strategies it put in place before the pandemic, and now it is maximizing inventory and margins.

Inventory 87

Inventory Strategy 87

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.

Procurement

IBM Supply Chain Blog

AUGUST 2, 2023

In this AI and digital age, customer expectations have evolved. Customers increasingly expect instant gratification: personalized, accurate answers faster and easier than ever before. They don’t want to fill out a form to request a quote, send an email to get pricing information, or wait to get simple answers; they want real-time answers and action.

e2e 70

e2e Real-time Visibility Strategy Price 70

Supply Chain Brain

AUGUST 1, 2023

The J.P. Morgan Global Manufacturing Purchasing Managers’ Index registered a score of 48.7 during July, matching the index’s lowest level since June 2020.

Purchasing 98

Purchasing Management 98

Supply Chain Dive

AUGUST 4, 2023

With bankruptcy looming for the major LTL carrier and its low-cost services, shippers will likely see rate hikes for similar services.

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SCMR (Supply Chain Management Review)

AUGUST 3, 2023

In this webcast, learn how aThingz stitches the financial elements of Logistics, right from planning through the invoice process.

Logistics 83

Logistics 83

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