Procurement Risk register
ABC of Procurement
MAY 29, 2023
Does procurement really need a risk register? What are we going to put there? Let us try to answer those questions The post Procurement Risk register first appeared on ABC of Procurement.
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Procurement Managers — The Ultimate Guide
Procurement Tactics
MAY 30, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Procurement Managers — The Ultimate Guide Procurement managers are not easy, but the role is rewarding, interesting, and crucial to the success of a business. However, what are their roles in procurement? In this article, we will discuss what procurement managers do and their importance in procurement.
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Bullwhip Effect — Everything About Supply Chain
Procurement Tactics
MAY 23, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Bullwhip Effect — Everything About Supply Chain Bullwhip effect can disrupt your supply chain and you must consider yourself lucky if you still have not experienced this. However, what is it? In this article, we will define what the bullwhip effect is.
Supply Chain Weekly Wrap-Up 05/19/2023-05/25/2023
All Things Supply Chain
MAY 26, 2023
Apple with Broadcom partner for US-made 5G technology Apple has struck a multibillion-dollar deal with Broadcom, a U.S. chipmaker, to collaborate on the development of 5G radio frequency components.
Rethinking Supply Chains for Greater Efficiency, Resiliency, and Sustainability
Advertiser: GEP
Supply Chains have 3 key priorities: building resiliency, reducing costs and driving ESG performance. Read the new GEP-sponsored report by Harvard Business Review Analytic Services for strategies and digital solutions to achieve these goals.
6 Reasons to Automate Your Quote Request Process
ProcurePort
MAY 28, 2023
In today’s fast-paced business environment, efficiency is key. One area where organizations can significantly improve efficiency is the quote request process. Traditionally, this process has been manual, time-consuming, and prone to errors. However, with the advent of technology, businesses now have the opportunity to automate their quote request process.
[Pod] A GAAP in Judgement at Kraft Heinz
Art of Procurement
MAY 25, 2023
Procurement is used to being under pressure to deliver savings, but is that pressure enough to make procurement break the. The post [Pod] A GAAP in Judgement at Kraft Heinz appeared first on Art of Procurement.
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Can Walmart’s Associate-to-Driver Program Solve the Driver Shortage?
Supply Chain Brain
MAY 25, 2023
Walmart has launched the Associate-to-Driver Program , adding drivers to the fleet by hiring internally. Is it a real remedy for the driver shortage, or simply a PR move aimed at boosting morale?
Turning hybrid cloud security into a profit center
IBM Supply Chain Blog
MAY 23, 2023
As more enterprises move to hybrid cloud environments, hybrid cloud security has become imperative to business growth. According to a 2021 study by the IBM Institute for Business Value (IBV), 80% of executives expected their organizations to operate more than 10 distinct clouds by 2023, up from eight in 2020. “The scale of most enterprise hybrid cloud deployments is so vast and penetrates so deeply that the need for an all-in security culture is absolute,” says Shue-Jane Thompson, ma
2 ocean carriers fined for Ocean Shipping Reform Act violations
Supply Chain Dive
MAY 25, 2023
ONE and Wan Hai Lines paid a combined $2.65 million in fees, and agreed to issue refunds to affected shippers.
Episode 116: Winning the Mythical Talent War with Jon Hansen
Una
MAY 24, 2023
EPISODE 116 Winning the Mythical Talent War with Jon Hansen By Kelly Barner | May 24, 2023 Despite investments in education and efforts to recruit from a strong and diverse talent pool, CEOs have always been worried about procurement skill sets. They refuse to believe that the talent they have in house is ‘up to’ the strategic objectives they plan to set forth.
Geopolitical & Regulatory Issues: The Path Forward in Supply Chain & Logistics
Speaker: Lisa Anderson, MBA, CSCP, CLTD - President of LMA Consulting Group, S&OP Expert, and Speaker
The world of supply chain and logistics has been plagued with volatility, disruptions, and increased regulations. Several issues are converging simultaneously, creating a precarious path forward. In this webinar, we will talk about the current status of the supply chain and what the successful and unsuccessful paths forward will look like. Join demand planning and SIOP expert Lisa Anderson for a riveting discussion evaluating the geopolitical landscape and looking at the bigger picture to create
Kanban System — Everything You Should Know
Procurement Tactics
MAY 25, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Kanban System — Everything You Should Know Kanban System is gaining popularity and has spread to many industries from construction to procurement to optimize workload. However, what is it? In this article, we will tell you what the Kanban System is and the Kanban Board.
How Smart Contracts Could Play a Pivotal Role in Supply Chains
Supply Chain Brain
MAY 24, 2023
A major benefit of using smart contracts is that they can be drawn up in minutes rather than hours or days, as with traditional contracts.
Redefining the consumer experience: Diageo partners with SAP and IBM on global digital transformation
IBM Supply Chain Blog
MAY 24, 2023
In an era of evolving consumer preferences and economic uncertainties, the beverage industry stands as a vibrant reflection of changing trends and shifting priorities. Despite the challenges posed by inflation and the cost-of-living crisis, a dichotomy has emerged in consumer behavior, where individuals untouched by the crisis continue to indulge in their favorite beverages, while those directly affected pivot towards more affordable luxuries, such as a bottle of something special.
US Postal Service outlines next steps to becoming ‘the preferred delivery provider’
Supply Chain Dive
MAY 24, 2023
The priorities for the third year of the agency’s transformation plan include growing revenue via new shipping services and boosting local delivery speeds.
Future Focus: Constructing Unshakeable Stability in Your Manufacturing Supply Chain
Speaker: Jay Black, Senior Account Executive
We’ve all heard the buzzwords to describe new supply chain trends: resiliency, sustainability, AI, machine learning. But what do these really mean today? Over the past few years, manufacturing has had to adapt to and overcome a wide variety of supply chain trends and disruptions to stay as stable as possible. Stability has become key in this post-COVID world, and will remain key moving forward.
Prevalent: Vendor Analysis — Third-party risk management solution overview, roadmap, competitors, tech selection tips, analyst summary
Spend Matters
MAY 24, 2023
Categories: risk-compliance-management Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Prevalent and its third-party risk management (TPRM) solution. Prevalent allows users to continuously monitor third-party vendors for security, privacy, compliance and supply-chain-related risks. The provider offers 598 pre-configured templates in its survey library.
Boeing CEO Warns Supply-Chain Constraints Could Last ‘Very Long Time’
Supply Chain Brain
MAY 24, 2023
Boeing CEO David Calhoun made the comments about supply chain constraints May 23 during a Qatar Economic Forum panel held in Doha.
Strengthening cybersecurity in life sciences with IBM and AWS
IBM Supply Chain Blog
MAY 26, 2023
Cloud is transforming the way life sciences organizations are doing business. Cloud computing offers the potential to redefine and personalize customer relationships, transform and optimize operations, improve governance and transparency, and expand business agility and capability. Leading life science companies are leveraging cloud for innovation around operational, revenue and business models.
Chipotle prepares national rollout of RFID for food traceability
Supply Chain Dive
MAY 23, 2023
The restaurant chain is expanding its use of the technology to track ingredients from suppliers in real-time.
Return to Success: Streamlining Returns in the Supply Chain for Enhanced Efficiency
Speaker: Cathy Morrow Roberson, Research Manager for the Reverse Logistics Association
In today's competitive business landscape, providing a seamless return experience and maintaining an efficient supply chain are critical to customer satisfaction and loyalty. Businesses need to leverage advanced tracking systems and data analytics to identify bottlenecks and improve supply chain visibility. Efficient return management stands as a crucial strategy for optimizing the supply chain.
Schneider Electric tops Gartner Global Supply Chain Top 25 for first time
SCMR (Supply Chain Management Review)
MAY 26, 2023
The top global supply chains identify and capture new opportunities, drive progress and transform the way their organizations work, Gartner said. Schneider Electric is atop the Global Supply Chain Top 25 for the first time.
Finland Abundant with Clean Energy
Procurement Bulletin
MAY 28, 2023
Finland Abundant with Clean Energy With the war in Ukraine affecting energy prices in Europe in recent times and many countries in Europe worried about an energy crisis and whether they could pay for heating and cooling, Finland has had a completely different experience: an abundance of clean energy. In fact, Finland had such an abundance of clean energy this past week, it caused clean energy prices into the negative (for just a short moment).
Buyer Benefits: Ways To Cut Down On Costs Through Digital Procurement
Procurement Freelancers
MAY 24, 2023
Cost reduction without sacrificing profitability is a major worry for many business owners today. Digital… The post Buyer Benefits: Ways To Cut Down On Costs Through Digital Procurement first appeared on Procurement Blog | Procurement & Supply Chain News.
IBM Consulting unveils Center of Excellence for generative AI
IBM Supply Chain Blog
MAY 25, 2023
IBM Consulting has established a Center of Excellence for generative AI. It stands alongside IBM Consulting’s existing global AI and Automation practice, which includes 21,000 data and AI consultants who have conducted over 40,000 enterprise client engagements. The Center of Excellence (CoE) already has more than 1,000 consultants with specialized generative AI expertise that are engaging with a global set of clients to drive productivity in IT operations and core business processes like H
Putting the ‘Tech’ in Spend Management Techniques
Speaker: Wayne Spivak, President and CFO of SBA * Consulting Ltd., Industry Writer, Public Speaker
If you’re lost in the world of spend management needs and your GAP analysis is lacking perspective on the future state of your business performance, listen up! With the advancement of technology, the implementation of spend management best practices and concrete GAP analyses is more streamlined and accessible than ever before. And while this may sound like great news for you and your clients, it won’t be worthwhile unless you have the latest techniques to back up your ambitions!
Maersk opens supply chain innovation center
Supply Chain Dive
MAY 26, 2023
The New Jersey center has already been used to research or test a variety of logistics technology, including Verity warehouse drones and trailer unloading equipment from Boston Dynamics.
Talking Supply Chain: Getting healthy with the supply chain
SCMR (Supply Chain Management Review)
MAY 23, 2023
Supply chains are designed to move goods from point A to point B, and that is certainly true for those that move health care goods through the supply chain.
Group Purchasing and Indirect Spend: a Fairy-Tale Romance
Una
MAY 23, 2023
Group Purchasing and Indirect Spend: A Fairy-tale Romance A unique take on the relationship between group purchasing and indirect spend and how the two work together to drive cost savings and value. By Hugo Britt | May 23, 2023 Search Welcome to Story Time with Una , a not-so-regular series that offers a fresh, fun take on various topics impacting procurement.
When Overconfidence in Negotiation Goes Terribly Wrong
Negotiations Ninja
MAY 29, 2023
Is overconfidence detrimental to a negotiation? It’s a psychological bias that’s an important factor—but it’s also confusing. Many executives believe that confident people can achieve more than those who lack confidence. But George Siedel believes that they are confusing decision-making with decision implementation.
Leveraging Data Analytics to Build a Truly Connected and Collaborative Supply Chain
Advertiser: GEP
The C-suite is laser-focused on supply chain performance. This GEP-sponsored report will show you how to leverage data for a collaborative supply chain that delivers results and how to future-proof supply chain management strategies.
How Red Hat OpenShift on AWS (ROSA) accelerates enterprise modernization initiatives on cloud, delivering business application innovation
IBM Supply Chain Blog
MAY 26, 2023
When it comes to driving large technology transformation on Cloud, leveraging existing investments, and optimizing open innovation within the larger ecosystem with a hybrid cloud platform, IBM Consulting™ offers several learnings to help organizations address the architecture and technology challenge. Consider large financial services organization going through core banking modernization.
Nike CFO takes on procurement oversight
Supply Chain Dive
MAY 26, 2023
Matthew Friend, who joined the brand in 2009, will have responsibility over a massive supply operation that sources from hundreds of factories around the globe.
CEO outlook: Optimism, and caution, pave the road ahead
SCMR (Supply Chain Management Review)
MAY 23, 2023
A Boston Consulting Group survey finds CEOs generally optimistic, but focused on executing strategic cost-cutting that leaves their businesses poised for success.
Managing Procurement Risk with a Group Purchasing Organization
Una
MAY 25, 2023
Managing Procurement Risk with a Group Purchasing Organization Explore how a group purchasing organization can be an effective solution for managing procurement risk and improving overall procurement processes. By Hugo Britt | May 25, 2023 Search Things were looking so bright at the beginning of the year. As the CEO of a fledgling company, you were proud of its solid growth and strong performance.
Disruption Reimagined: How to Conquer, Not Crumble, During Supply Chain Instability
Speaker: Robyn O’Brien - Founder of Sirona Ventures, Adjunct Professor at Rice University’s Business School, Supply Chain Optimization and Logistics Expert
Today’s supply chain leaders are required to stay strong in the face of disruption and not only accept it, but embrace it – after all, progress is made outside of your comfort zone. While it’s easier said than done, conquering the fear of instability in your supply chain is within your reach. Thanks to the advancement of technology and AI, we now have more tools and resources at our disposal than ever before to conquer, not crumble, in the face of uncertainty.
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