Procurement Tactics
FEBRUARY 19, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter ChatGPT in Procurement — Revolutionizing the Norm ChatGPT is getting popular not just in procurement but also in various industries as it assists professionals in their everyday work. However, what is it? This article will help you know what ChatGPT is.
Supply Chain Brain
FEBRUARY 21, 2023
A digital twin is a continuously updated, virtual representation of the physical warehouse that tracks assets and inventory, orchestrates staffing and workflow, and tests future scenarios in real time to improve performance and resilience.
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Una
FEBRUARY 20, 2023
Elements of a Diversified Procurement Strategy A diversified procurement strategy will utilize both traditional and nontraditional methods of sourcing to drive cost savings and value. By Hugo Britt | February 21, 2023 Search As procurement continues to evolve, practitioners must rely on a variety of strategies to cut costs and drive value. This includes implementing aspects of a traditional procurement strategy and adding in some unconventional means to get desirable results.
Procurement Heads
FEBRUARY 20, 2023
Decarbonisation Supply Chain Volatility Trade Protectionism Decarbonisation The Industrial sector is responsible for 40% of global energy consumption and 30% of all greenhouse gas emissions. The top of the agenda for procurement is to deliver decarbonisation, particularly through Scope 2 emissions (indirect from purchased energy) and Scope 3 emissions (indirect from purchased materials and services).
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Let's Talk Supply Chain
FEBRUARY 23, 2023
Supply Chain in Africa has been largely male-dominated and reliant on outdated practices, negatively impacting its overall development. Despite these obstacles, some dauntless African women maintain the mindset that nothing is too difficult to achieve. They are creating innovative solutions and building teams to tackle issues affecting the development of the African continent.
All Things Supply Chain
FEBRUARY 24, 2023
Uber Freight announce plans for electric trucks in California Uber Freight a subsidiary of Uber Technologies announced plans to deploy their electric trucks on select routes in California.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Procurement Heads
FEBRUARY 22, 2023
For Procurement Heads ‘ latest Big Interview, he spoke with Will Cooke about his career and what Zurich is doing with regard to sustainability in the supply chain. How did you get into procurement? I have always been in procurement right from an internship I did at Lockheed Martin, as part of my time at university and have been in supply chain and commercial roles ever since.
ABC of Procurement
FEBRUARY 20, 2023
Here is a story I would like to share with you from my career. This time we talk about bartering instead of direct payments. The post Bartering on a large scale first appeared on ABC of Procurement.
Art of Procurement
FEBRUARY 21, 2023
Traditionally, procurement has been measured on their ability to generate savings and bring spend under management. That has led to. The post The Psychological Long Tail of Supply Chain Disruption appeared first on Art of Procurement.
Procurement Tactics
FEBRUARY 23, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Ultimate 2023 Negotiation guide — A Comprehensive Overview Negotiation is part of our everyday life. In business, negotiation allows parties to settle disputes, build stronger relationships, and create value in contracts.
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.
Procurement Heads
FEBRUARY 24, 2023
For Procurement Heads ‘ latest CPO Spotlight, he spoke with Dan Goodson about the key tenets of being a CPO, how the sector has changed during his career and what he’s most passionate about when it comes to procurement. You have a vast amount of experience, including being a Visiting Fellow at Nottingham Business School (Nottingham Trent University) and Durham University Business School as well as being an Affiliate Professor at Emlyon business school in France, what do these roles e
Supply Chain Brain
FEBRUARY 20, 2023
There’s still much to be done to enable operators to take full advantage of the immense amounts of data being collected at every moment of the day within distribution centers.
SCMDOJO
FEBRUARY 20, 2023
Want to streamline your distribution operations? This guide provides you with all the tools you need to make significant positive changes in a few simple steps. Don’t forget to check out our best practices , tools , and a list of helpful supply chain resources on the website! The field of distribution operations is rapidly evolving with the rise of eCommerce, with fierce competition between distributors.
Procurement Bulletin
FEBRUARY 20, 2023
Aldi’s Sets Up More Local Distribution As businesses begin to diversify their supply chain risks as exposed over the last few years, Aldi’s, the grocery chain, has opened a new distribution facility in Loxley, Alabama. This new facility is set to serve 100 of their stores in the Gulf Coast area. Biden Looking to Promote Clean Energy Manufacturers As ESG goals gain more focus from business executives, US President, Joe Biden, is offering a $10b tax credit for clean energy manufacturer
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
Procurement Heads
FEBRUARY 23, 2023
The number of professionals applying for jobs in the financial services sector is down by a third year-on-year, with the gap between supply and demand worsening. That’s according to new research from the Association of Professional Staffing Companies (APSCo), the trade association for the professional recruitment sector. The data, provided by Broadbean Technology, revealed that job applications within the sector fell by 12.5% between November 2022 and January 2023, but this decline was far more
Supply Chain Brain
FEBRUARY 24, 2023
Top automakers including Tesla, General Motors, and Ford are heading out on the mining conference circuit as soaring demand for metals used in electric vehicles ignites a scramble to lock in long-term supplies.
The Thomas Blog
FEBRUARY 23, 2023
Since industry is constantly growing and evolving, Thomasnet.com ® is too. Our platform has over 75,000 categories of products and services, from alloy to zinc, from which professionals like you can source. And thanks to our industry specialists, we are constantly researching and adding to our platform with new supplier categories to help you keep up with current market trends. 1.
Negotiations Ninja
FEBRUARY 20, 2023
Does evoking an emotional response make your argument more persuasive? If you can create a condition where someone is more afraid of something happening, does it become easier to make a decision?
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.
Una
FEBRUARY 21, 2023
EPISODE 103 Seeing Opportunity Through an Executive Lens with Jeff Davis By Kelly Barner | February 22, 2023 Everyone wants to know what the CEO is thinking. What keeps CEOs up at night? How do they hear the messages being shared with them by different functional leaders and the market at large? This all varies by CEO and is likely to be influenced by their functional background experience, general outlook on macro conditions, and relationships with other C-level leaders.
Procurement Freelancers
FEBRUARY 23, 2023
There are numerous options from whom organizations might select to deal with in today’s globalized… The post The Process Of Conducting A Supplier Audit first appeared on Procurement Blog | Procurement & Supply Chain News.
Supply Chain Brain
FEBRUARY 22, 2023
There’s never been a better time to learn how to identify supply chain risks, gain the agility needed to deal with various supply chain scenarios, and act quickly when an issue arises.
Supply Chain Dive
FEBRUARY 23, 2023
The transition to eBLs is expected to save stakeholders billions of dollars.
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Spend Matters
FEBRUARY 21, 2023
Categories: Conferences , Sponsored Article Tags: sponsored post Technological innovation is exploding and impacting every aspect of every organization, and procurement is not immune to the challenges and opportunities it presents. The difficult question those working in the procurement industry need to ask is: what will I do tomorrow when technology can do what I am doing today?
SCMR (Supply Chain Management Review)
FEBRUARY 21, 2023
Find out how next-generation workforce management apps use accurate, real-time location data to power successful operations in this webinar with Radar CEO and Co-Founder Nick Patrick.
Supply Chain Brain
FEBRUARY 22, 2023
Lacking foresight into what 2023 will bring, businesses nevertheless have the power to identify risks in the supply chain and prepare for the coming year.
Supply Chain Dive
FEBRUARY 21, 2023
As capacity loosens at other ports, it’s possible even more shippers will take the opportunity to shift cargo to the East and Gulf Coasts.
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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.
Spend Matters
FEBRUARY 22, 2023
Categories: Cost Management , Procurement Strategy & Planning , Sourcing , Spend Analysis Tags: PRO In this Spend Matters PRO Vendor Analysis we give an update of LevaData, a solution built to support the sourcing process for direct materials. LevaData is an Al-powered supply management platform that enables customers to improve the way they launch new products and manage existing ones by allowing them to optimize for cost and risk.
SCMR (Supply Chain Management Review)
FEBRUARY 21, 2023
An end-to-end approach is the only way to ensure domain-specific investments complement each other and deliver transformational supply chain performance.
Supply Chain Brain
FEBRUARY 22, 2023
The best approach to introducing robots to the warehouse is to truly understand your workflow needs, says Brian Gaunt, senior director of accelerated digitalization at DHL Supply Chain.
Supply Chain Dive
FEBRUARY 22, 2023
Finding sustainable materials for the furniture retailer’s products, however, remains a stubborn challenge.
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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.
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