Sat.Jul 01, 2023 - Fri.Jul 07, 2023

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6 Essential Procurement Training Courses for Professionals: How To Begin and Advance Your Career in Procurement

SCMDOJO

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. Whether you’re an aspiring procurement enthusiast or a seasoned professional aiming to advance your career, investing in procurement training and procurement training courses can be a game-changer.

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Revolutionizing Procurement: Innovative Strategies in Managed Procurement Services

Empowering CPO

Introduction In the complex and fast-paced business world of today, Managed Procurement Services (MPS) have emerged as a key solution for enterprises seeking to streamline their operations, improve efficiencies, and achieve cost savings. MPS involve the outsourcing of procurement functions to a specialized third-party provider, offering a strategic approach to managing and optimizing organizational spend.

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What was the worst procurement advice you ever received?

Procurement Insights

What procurement myths do we need to bust and stop following? Inspired by the following lovefood.com article, “The worst cooking advice in history,” I could not help but wonder if there is an article or book about the “worst procurement advice in history.” So, here goes, what do you think is the worst procurement advice you have either heard or received?

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Will the Apple Vision Pro push AR in the Supply Chain?

All Things Supply Chain

Apple’s new Vision Pro AR glasses aim to revolutionize access to technology by seamlessly blending the digital and real world.

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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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Should-Cost Model – The Ultimate Guide

Procurement Tactics

 Menu Course Library 1. Negotiation Course Learn from industry experts who negotiated billion $ deals 2. Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. ChatGPT & AI Use ChatGPT to automate procurement processes Access To All Unlimited access to all courses & templates Platform For Teams Procurement Tactics For Teams Where procurement teams build better skills, fas

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CPO SPOTLIGHT: MARTIN LEE

Procurement Heads

Martin Lee is Chief Procurement Officer at KPMG, and fellow member of the Sustainable Procurement Pledge. He caught up with James about his career and thoughts within the CPO role. You joined Ford Motor Company back in 1995, straight from A Levels, what made you choose a career in procurement, and could you tell us about your career journey so far? Back in 1995, I was just considering what I should do at university, with the thought of going to uni not really clear in my head.

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Supply Chain Weekly Wrap-Up 06/30/2023-07/06/2023

All Things Supply Chain

Taiwan Exports at a 14 Year low as Demand Woes Taiwan’s exports experienced their sharpest decline since 2009 in June, signalling concerns about the global demand slump for electronics and…

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JOB ORDER – Everything You Should Know

Procurement Tactics

 Menu Course Library 1. Negotiation Course Learn from industry experts who negotiated billion $ deals 2. Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. ChatGPT & AI Use ChatGPT to automate procurement processes Access To All Unlimited access to all courses & templates Platform For Teams Procurement Tactics For Teams Where procurement teams build better skills, fas

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What smart inventory management means in 2023 — so far

Supply Chain Dive

After working to shed overstocks last year, retailers are trying to keep their inventories lean and relying on the chase to meet demand as it comes.

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Ocean Shipping Taking a Slow Approach to Reducing Emissions

Supply Chain Brain

The International Maritime Organization's initially unclear target date implies a divide within the ocean shipping sector on net-zero emission goals, according to The Wall Street Journal.

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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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The Amazing Supply Chain of Fireworks

All Things Supply Chain

Throughout history, fireworks have been an integral part of cultural and religious celebrations worldwide.

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347: Women in supply chain™, Seretha Willingham

Let's Talk Supply Chain

In today’s episode of Women in supply chain , I’m joined by Seretha Willingham – founder, CEO, project management professional and Certified Scrum Master! Seretha’s impressive corporate career spans from financial data analysis and IT project management to strategic planning and execution. And, utilizing all of that knowledge and experience, Seretha went on to found SJW Logistics – a 3PL providing freight transportation, warehousing and e-commerce fulfilment services.

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FedEx details capacity plan as UPS strike fears intensify

Supply Chain Dive

The carrier will use volume from July 17 to July 21 as a baseline capacity measurement. Shipments exceeding that amount aren't guaranteed to be accepted.

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US Wants ALL the Chips

Procurement Bulletin

Chinese Factories See 3rd Month of Contraction Production at Chinese factories contracted for a third month in a row but at a slower rate. Maybe they need to look at exporting chiles, I hear those are in demand… US Wants ALL the Chips As the US continues to hoard chip production, they’re contemplating more restrictions on chip exports to China.

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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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R.I.P. Great Resignation (2020-2023)

Art of Procurement

We have seen many trends come and go over the last few years, and most of them stemmed from the. The post R.I.P. Great Resignation (2020-2023) appeared first on Art of Procurement.

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Cutting Out the Middle Mile: Using the Warehouse to Meet the Need for Speed in the Last Mile

Supply Chain Brain

In this environment, for retailers to compete, they need to give customers a full menu of delivery options to fit their preferences at the point of purchase, each and every time.

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US Postal Service cleared to launch Ground Advantage

Supply Chain Dive

The new offering, set to debut July 9, is formed from existing shipping services and aims to help it grow package revenues.

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Intake management market overview (Part 2): Market landscape

Spend Matters

As established in part one of our intake management market series, the segment involves a high degree of cross-functional complexity. As a result, the overall market includes a mix of vendors that market as intake, orchestration, category-specific, process-specific, etc. As long as a solution covers the step of capturing a request into the functional processes (e.g., the S2P process for stakeholder requests involving supplier fulfillment), it at least tangentially covers intake management.

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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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Shippers maintain upper hand according to FTR’s SCI

SCMR (Supply Chain Management Review)

FTR said a weaker environment for freight rates and carrier utilization offset slightly stronger freight demand and a deceleration of fuel cost decreases in April, and that the outlook is positive through mid-2024 for shippers.

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EU Pushes Rules for Circular Economy for Textiles

Supply Chain Brain

The Commission hopes the rules will incentivize clothing companies to reduce waste and increase the circularity of textile products — designing better products from the start.

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UPS-Teamsters negotiations held up by part-time wages, union leader says

Supply Chain Dive

The two sides are far apart in terms of their hourly pay rate proposals, General President Sean O'Brien told Supply Chain Dive.

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Q2 2023 Insider roundup: A deep dive into procurement tech market movements; updated coverage of 10 vendors

Spend Matters

Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of This content is for members only. Visit the site and log in/register to read. The post Q2 2023 Insider roundup: A deep dive into procurement tech market movements; updated coverage of 10 vendors appeared first on Spend Matters.

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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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Another month, another decline for manufacturing output

SCMR (Supply Chain Management Review)

After a run of positive growth extending more than two years, the manufacturing sector is on an extended downturn, with output falling for the 8th consecutive month in May.

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Keeping Supply Chains Free From Forced Labor

Supply Chain Brain

While it represents an important step toward combating forced labor and protecting human rights, the Uyghur Forced Labor Prevention Act has the side effect of increasing day-to-day complexity for importers.

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What is going on at Canada’s West Coast ports?

Supply Chain Dive

A dispute over pay and work contracts at British Columbia ports has led to a union strike that could spill over to broader supply chain disruptions.

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Intake management market overview (Part 1): What is intake?

Spend Matters

As procurement and other functions have sought to create more value by aligning better with internal stakeholders and users, the role of ‘intake’ has become increasingly popular. The overall concept has existed for years within procurement, but it has been aspirational only and weakly implemented within the source-to-pay (S2P) software market. This has led to a clutter of functionalities for requisition management, stakeholder/demand management, procurement service/‘help desk’ requests and more

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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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Women make gains in supply chain leadership, fill 26% of C-suite roles

SCMR (Supply Chain Management Review)

A new Gartner survey has found that women make up 41% of the total supply chain workforce, and 26% of C-suite roles.

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Retrofit Checklist: Five Things to Consider when Modernizing Fresh Food Distribution

Supply Chain Brain

Within distribution centers, fresh and perishable food handling is usually the most inefficient and labor-intensive part of operations. It doesn't have to be that way.

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The high-tech industry has a long way to go when it comes to Scope 3 emissions: report

Supply Chain Dive

Fewer than a third of companies in the industry have set reduction targets, while taking action is complicated by diffuse, intricate supply chains, according to Accenture.

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[Pod] Procurement 6 – July 7th, 2023

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post [Pod] Procurement 6 – July 7th, 2023 appeared first on Art of Procurement.

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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.