Sat.Oct 08, 2022 - Fri.Oct 14, 2022

article thumbnail

How Data Privacy Regulations Affect Your Supply Chain

All Things Supply Chain

Data privacy regulations are becoming increasingly important as businesses become more and more aware of the importance of data security.

Data 246
article thumbnail

CPO Spotlight: Kendall Smith

Procurement Heads

Tell us about your role. I am the Chief Procurement Officer, which means that I am responsible for the procurement of everything that we don’t sell in stores or online, so everything non-product. Our spend is predominantly on Supply Chain Services, IT, Marketing and Corporate Services as well as a number of significant outsourcing deals. What did you inherit in the role when you started?

professionals

Sign Up for our Newsletter

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

article thumbnail

Strategic Sourcing Manager — The Ultimate Guide

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. Strategic Sourcing Manager — The Ultimate Guide. A strategic sourcing manager is a key person in ensuring that the strategic process is effective and efficient. However, not many people know their real role in procurement. .

article thumbnail

Supplier code of conduct: Guide, best practices and template

RPF360

Successful vendor relationships are built on shared goals, trust and values. But, do your vendors know where you stand on key issues? And, importantly, do you know if your values align? Increasingly, organizations want to work with vendor partners that share their commitment to social and ethical standards. And, they use a supplier code [.]. The post Supplier code of conduct: Guide, best practices and template appeared first on RFP360.

Suppliers 193
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

Understanding The Purchasing Procurement Process 

ProcurePort

• The procurement process in any organization is a combination of several functions that require expertise ranging from sourcing, data collection and analysis, negotiation, accounting, risk management, project management, and many more. Though not set in stone, the procurement process can be understood through five phases. Needs Recognition– Needs are recognized at the department level […].

article thumbnail

The benefits of hybrid working when hiring procurement talent

Procurement Heads

The report highlighted that one in five (21%) businesses with 10 or more employees reported their workforce working from home one to two days per week. Working from home, businesses not permanently stopped trading with 10 or more employees, broken down by industry, weighted by count, UK, 8 to 21 August 2022. Ben Stickland , Senior Recruitment Consultant – Public Sector, said, “It’s perhaps not surprising to see professional services – which procurement falls under – record one of the lowest rate

More Trending

article thumbnail

Net Zero: What Does it Really Mean?

ivalua

Professor David L. Loseby MCIOB Chartered, FAPM, FCMI, FCIPS Chartered, MIoD, FRSA. The more I read and research on the subject of “how to get to net zero” the more I feel how little I perhaps know! Further, if the truth be known I suspect many others in procurement and supply chain are feeling the same, but maybe that’s not true. Having just listened to a very informative and comprehensive webinar by Dr Natacha Tréhan and Arnaud Malardé [ Moving Towards a Net Zero Supply Chain Webinar | Ivalua

article thumbnail

Prioritizing ESG Compliance in the New Supply Chain

Supply Chain Brain

The supply chain ecosystem won’t revert to its pre-pandemic state. With this in mind, manufacturing organizations are placing top priority on modernizing procurement technology.

article thumbnail

Food delivery robots to roam Chicago in pilot program

Supply Chain Dive

Robot operators will partner with restaurants and grocery stores to test the app-based robot deliveries. City leaders will look at device boundaries, vandalism, and other potential issues.

124
124
article thumbnail

Construction RFP — The Ultimate Guide

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. Construction RFP — The Ultimate Guide. Construction RFP is usually the weakest spot of construction companies in winning new opportunities to win business. The reason behind this is the failure of construction companies to show value in their request for proposals. .

Bidding 177
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

The Supply Chain Transparency Challenge: Report Highlights Gap between Procurement Organisations’ Transparency Ambitions and their Capabilities

ivalua

The majority of organizations consider supply chain transparency to be a top priority, however less than a third are satisfied with the level of visibility into their suppliers. Redwood City, CA, 13 October, 2022. A new report, “Data-Enabled Supply Chain Transparency” has revealed that 77% of respondents indicated their organization considers supply chain transparency to be critically or highly important.

article thumbnail

Tesla Plans to Deliver Semis to Pepsi Years After Unveiling

Supply Chain Brain

The carmaker will hand over Semis to PepsiCo, which has said it’s reserved 100 of the trucks and expects to deploy an initial 15 by the end of the year.

127
127
article thumbnail

The Future of Marketing After Covid!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Tips to Improve Your Marketing Campaign! Nearly two years into the pandemic, we now have plenty of experience to draw some conclusions as to what’s coming next. While Covid-19 has shaken the entire globe, there is still the light in the tunnel, especially when talking about marketing.

article thumbnail

Creating a more flexible and resilient supply chain starts with identifying key risk exposures

Supply Chain Dive

With access to the right expertise and advanced technology, organizations can develop a meaningful action plan for rethinking their supply chain.

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

Episode 86: When Politics Snares Supply Chains with Juliette Rowsell

Una

Episode 86: When Politics Snares Supply Chains with Juliette Rowsell. By Kelly Barner | October 12, 2022. If you feel like working in supply chain and procurement has become a political minefield, you’re not alone. Between increased regulations, high stakes geopolitics, and administrative differences, complexity is up and the pace of change is accelerating.

article thumbnail

How Smart Supply Chains Are Navigating the New Normal of Volatility

Supply Chain Brain

Volatility is here to stay, and supply chains need long-term solutions to navigate change.

article thumbnail

Effective Inventory Management Keeps Your Business Thriving!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Featuring Our 10 Best Inventory Management Articles! Effective inventory management is one of the most important aspects of running a successful business. It can be the difference between having the right products in stock when your customers need them and being caught short. Good inventory management means having visibility into your inventory levels at all times, so you can make sure you have enough products on hand to meet

Inventory 114
article thumbnail

How the trucking industry is helping feed a million Floridians after Hurricane Ian

Supply Chain Dive

Operation BBQ Relief drew volunteer drivers from across the country to deliver much-needed food supplies in the storm’s aftermath.

Supply 111
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?

article thumbnail

Invoice management for modern businesses: A guide

Spendesk

Just like lots of other finance processes, invoice management has officially become a burden. “82% of finance departments are overwhelmed by the high numbers of invoices they are expected to process on a daily basis and the variety of formats they’re received in.”.

article thumbnail

Watch: How Process Mining Can Boost Supply Chain Agility

Supply Chain Brain

Victoria Ma, digital and innovation lead for North America with Miebach Consulting, explains how the exercise of process mining can help supply chains achieve a new level of agility in responding to orders and unexpected changes in customer demand.

article thumbnail

6 Essential Provisions in a Supply Chain Contract!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Effective Sales Contract Lifecycle Management Best Practices! Maintaining quality and brand image in a supply chain can pose a business risk if you’re a manufacturer. You have authorized dealers whose core operations you don’t fully control. In addition, you may also use brand ambassadors who help promote your company.

Contract 108
article thumbnail

Air cargo spot rates keep falling with no sign of a peak season turnaround

Supply Chain Dive

As flight capacity continues to be reintroduced, shippers who didn’t bring in cargo early “are likely to find themselves in a stronger buying position,” said an industry expert.

108
108
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

Current Events Impacting Procurement

Una

Current Events Impacting Procurement. By Hugo Britt | October 13, 2022. Procurement and supply chain management would be a lot easier if the function existed in a bubble, but it would also be a lot less exciting. Purchasing strategies are impacted by geopolitical events, buffeted by shipping delays, stretched by inflation, and made obsolete in an instant by black-swan events such as the Suez Canal obstruction or (of course), a global pandemic.

article thumbnail

Mississippi Barge Crisis Set to Deepen as Ohio River Now Sees Backups

Supply Chain Brain

Now the Ohio River, which provides about 60% of the Lower Mississippi River’s water, is seeing closures at multiple locations due to groundings and dredging work.

114
114
article thumbnail

5 Keys to Building a Long Term Freight Partnership!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Featuring Our Top 16 Articles on Freight and Logistics! In shipping and logistics, building strong relationships with your freight or carrier company is often underestimated. Whether you have a small or big contract, a long-lasting freight partnership with a company you trust is critical, especially when your business’s logistics is on the line.

article thumbnail

FMC proposal requires ocean carriers to give shippers more details on demurrage charges

Supply Chain Dive

The rule comes after the agency investigated practices into the fees, which are accrued when shippers don’t move cargo fast enough.

107
107
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

Business Spend Management | Amplify Savings in Top Categories

Una

Amplify Your Business Spend Management Strategies with a GPO. By Hugo Britt | October 11, 2022. If you’re new to the concept of group purchasing , you may be asking yourself where, exactly, the biggest savings can be found. The answer is no secret: the steepest discounts exist in the most popular categories with the biggest volumes of purchasing. Una leverages over $100 billion in buying power to negotiate best-price contracts with hundreds of the nation’s top suppliers.

article thumbnail

Watch: E-Commerce Shoppers Are More Demanding Than Ever

Supply Chain Brain

Pandemic or no pandemic, e-commerce shoppers have upped their expectations of retailers and their logistics partners, with an emphasis on transparency, says Brian Bourke, chief growth officer with Seko Logistics.

Demand 111
article thumbnail

For a Successful Business Improve Supply Chain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Supply Chain Renaissance Has Begun! The Supply Chain is the unseen driving force behind any business. As such, for business success you must improve Supply Chain. Over the years, it has changed due to technological developments, evolving from the manual processes using logistics and mechanization to the optimized, digital and automated mechanism of today.

article thumbnail

Honda battery plant set for Ohio, part of ‘EV hub’

Supply Chain Dive

A joint venture with LG Energy Solution will invest up to $4.4 billion to scale electric vehicle production.

106
106
article thumbnail

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.