Sat.Jul 29, 2023 - Fri.Aug 04, 2023

article thumbnail

How procurement can solve IR35 and save millions

Procurement Leaders

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.

article thumbnail

Latest research: Purpose-driven procurement: Entering an age of holistic value

Procurement Leaders

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

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Analyst Eye on ancient challenges procurement faces

Spend Matters

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.

article thumbnail

Manufacturing is in a trough, but economists say recovery is on the way

Supply Chain Dive

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

article thumbnail

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.

article thumbnail

Procurement News — August 2, 2023

CPO Rising

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.

article thumbnail

Can the Trucking Industry adapt to the EV model in the Future?

All Things Supply Chain

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

More Trending

article thumbnail

Yellow shutdown may lead to sticker shock for shippers, analysts say

Supply Chain Dive

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

98
article thumbnail

7 Reasons Why You Should Reduce Inventory

SCMDOJO

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.

article thumbnail

Supply Chain Weekly Wrap-Up 07/28/2023-08/03/2023

All Things Supply Chain

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.

article thumbnail

CSCMP and Chi Studios Launch Supply Chain Leadership Program

Supply Chain Brain

The CSCMP Executive Supply Chain Academy will provide industry leaders with the skills needed to navigate current and future challenges in the supply chain space.

article thumbnail

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.

article thumbnail

General Dynamics sees greater supplier predictability, catch-up compliance

Supply Chain Dive

The aerospace and defense giant delivered 24 Gulfstream aircraft in Q2, and aims to deliver 27 in Q3.

article thumbnail

352: Simplify Freight By Rail, With Commtrex

Let's Talk Supply Chain

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.

article thumbnail

Why A Service Level Agreement For Your Goods Lift Is Important

SCMDOJO

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
article thumbnail

American Airlines in Talks with Airbus, Boeing for 100-Jet Deal

Supply Chain Brain

The U.S. airline is considering Boeing’s 737 Max and Airbus’s A321neo to replace aging 737-800, A319 and A320 single-aisle models later this decade.

98
article thumbnail

The Evolving Retailer's Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

article thumbnail

Boeing prepares its supply chain for increased 737 production targets

Supply Chain Dive

The aerospace company delivered 136 total aircraft last quarter, with plans to reach 50 unit deliveries a month by 2026.

article thumbnail

Available Capacity, Stable Rates Among Shipper Expectations for Next 12 Months

SCMR (Supply Chain Management Review)

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.

90
article thumbnail

How to Develop an Effective Procurement Strategy

Procurement Freelancers

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.

article thumbnail

Navigating to Net-Zero: Procurement's Role in Supplier Emissions

Supply Chain Brain

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.

article thumbnail

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.

article thumbnail

Overstock attracts new suppliers with Bed Bath & Beyond rebrand

Supply Chain Dive

The retailer has increased its SKU count by 600,000 since it bought the chain’s intellectual property out of bankruptcy.

article thumbnail

Reinventing Retail at Macy’s

SCMR (Supply Chain Management Review)

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

article thumbnail

7 Supply Chain Strategies for Pharmaceutical Brands to Compete Against Generics

The Network Effect

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

article thumbnail

Ocean Yield Investing in Four LR1 Oil Tankers

Supply Chain Brain

The ships will be built with special duel-fuel engines that allow the vessels to use methanol as their main energy source.

article thumbnail

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

article thumbnail

US lawmakers look to end sale and import of commercial kangaroo skin products

Supply Chain Dive

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
article thumbnail

3PL Revenues Fall From 2021 High, But Still Grew 24% In 2022

SCMR (Supply Chain Management Review)

Last year saw 3PL net revenue grow 24%, the fourth-best year on record according to data from Armstrong & Associates.

Data 85
article thumbnail

From Local Markets to Global Trade: The Role of Sourcing Agents

Procurement Freelancers

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.

article thumbnail

100 GREAT SUPPLY CHAIN PARTNERS

Supply Chain Brain

SupplyChainBrain's 2023 list of 100 Great Supply Chain Partners.

article thumbnail

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.

article thumbnail

UPS-Teamsters deal: 8 highlights in tentative contract

Supply Chain Dive

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.

article thumbnail

Simplify your Logistics Financials Complexity using aThingz Triple Double approach

SCMR (Supply Chain Management Review)

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

article thumbnail

Market trends in procurement technology 2023

Spend Matters

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.

article thumbnail

The Global Factory Activity Slump Continued in July

Supply Chain Brain

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.

article thumbnail

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?