Let's Talk Supply Chain

NOVEMBER 30, 2023

Women in supply chain are gaining momentum in narrowing the gender gap. They now make up 41% of the supply chain workforce, an almost 40% increase from the year prior. Post-pandemic dynamics and more awareness of supply chains are empowering progress in what was once an overwhelmingly male-dominated industry.

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Let's Talk Supply Chain

OCTOBER 27, 2023

The number of women in supply chain is still rising, increasing 3 to 5% annually, now making up 41% of the industry. This decade has brought a greater understanding and awareness of how supply chains impact communities globally. The recently overwhelmingly male-dominated industry is shifting and evolving.

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Procurement Tactics

AUGUST 25, 2022

Or receive our famous weekly newsletter. Sebastian Chua started his procurement journey with Hewlett Packard/Agilent Technologies as their country manager for Singapore, India, Thailand, and the Philippines before he took on the job as the regional procurement manager. . 33 Procurement Interview Questions in 2022.

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Procurement Tactics

MARCH 16, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Strategic Procurement — Everything You Should Know Strategic procurement allows businesses to meet the demand of the current procurement landscape by making sense of the data and automating the procurement process.

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Procurement Tactics

JANUARY 8, 2023

Or receive our famous weekly newsletter. It can also help drive sustainability initiatives in your supply chain and procurement process. . The Closed Loop Spend Management. You may ask yourself, why is closed loop spend management being brought up? Or receive our famous weekly newsletter.

Sustainability 207

Sustainability Procurement Agile and Lean Supply Chain Supply Chain Optimization 207

Let's Talk Supply Chain

JANUARY 18, 2024

It’s a new year, and there are reasons to suggest that 2024 might be a departure from the fresh chaos that has hallmarked supply chain since the 2020’s started, or at least a de-escalation. Over the last few years, supply chain professionals have navigated an endless array of challenges.

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Let's Talk Supply Chain

MAY 16, 2024

Supply Chain is no stranger to change, challenges, and yes, general chaos, but this year has been its own kind of animal charged by a strained global economy, shifting tensions across continents, and a major presidential election that could have resounding impacts across business and commerce this coming fall.

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Procurement Tactics

JULY 23, 2023

51 ChatGPT Prompts to 10X Your Productivity in Procurement Download ChatGPT PDF Procurement Courses  Or receive our famous weekly newsletter The 5S of Kaizen — The Ultimate Guide The 5S of Kaizen comes under the umbrella of lean management aimed to eliminate waste within manufacturing operations. What is Kaizen?

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Procurement Tactics

NOVEMBER 20, 2022

Or receive our famous weekly newsletter. Business sustainability, also known as corporate sustainability, is the coordination and management of environmental, social, and economic demands and concerns ensuring ethical, responsible, and ongoing success. . Or receive our famous weekly newsletter. Download Free Whitepaper ?. ?.

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Sustainability Ethics Agile and Lean Supply Chain Strategy 147

Procurement Tactics

JUNE 28, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Commodity Trading — Everything You Should Know Commodity trading plays a vital role in the way of how our lives work and how the economy functions. What is Commodity Trading?

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Una

APRIL 13, 2023

Rather than telling them exactly what you want, you lean on their experience by asking them to recommend a suitable cut of beef. Procurement experts often invoke the 80/20 rule (otherwise known as the Pareto Principle), which states that 80% of the value in your supply chain will come from only 20% of your suppliers.

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Suppliers Supplier relationship management Agile and Lean Supply Chain Supply Chain Optimization 98

Procurement Tactics

SEPTEMBER 13, 2022

Or receive our famous weekly newsletter. Sustainable Supply Chain — The Ultimate Guide. The sustainable supply chain is adopted by many companies due to the increasing pressure to demonstrate greater environmental and social responsibility. Supply Chain Sustainability: What is it?

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Una

DECEMBER 11, 2023

In fact, learning agility (a willingness and ability to learn new things) is fast becoming the number-one capability sought by employers. Whether it’s mastering the art of negotiation or navigating the labyrinth of supply chain analytics, keeping your skills sharp is your ticket to staying relevant.

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SCMDOJO

AUGUST 15, 2024

Retail supply chains are complex networks that require seamless coordination among various stakeholders, including suppliers, manufacturers, and logistics providers. Enhanced Collaboration Among Stakeholders Effective collaboration is crucial in retail supply chains, as it allows for swift decision-making and problem-solving.

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Retail Supply Chain Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 98

Procurement Tactics

JUNE 28, 2023

Procurement Tracking is the process of monitoring and managing procurement activities. It enables managers and businesses to minimize costs, prevent and mitigate risks, and essentially identify issues and problems early on in the procurement process. What is Procurement Tracking?

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Una

FEBRUARY 20, 2023

Traditional means of creating value include things like managing contracts with preferred suppliers , controlling maverick spend, and minimizing warehouse costs. Focusing on sustainability and partnering with a GPO can lead to greater cost reduction and better spend management, as well.

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IBM Supply Chain Blog

APRIL 25, 2024

It should not be confused with business process management (BPM) , a more incremental approach to optimizing processes, or business process improvement (BPI), a broader term that encompasses any systematic effort to improve current processes. BPR involves business process redesign that challenges norms and methods within an organization.

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Planergy

SEPTEMBER 8, 2022

How better management in AP can give you better flexibility for cash flow management. Supplier Performance Management: How and What To Measure. Best Practices & Tips Supplier Performance Supplier Relationship Management. What Is Supplier Performance Management? Why Is Supplier Performance Management Important?

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Una

JANUARY 31, 2024

Meanwhile, trade wars and rising tensions have led to what the Financial Times has described as a “great reshuffling” of global supply chains, with US FDI (foreign direct investment) in China falling from a peak of $20.9bn in 2008 to an 18-year low of $8.2bn in 2022. You need to trust who you are sourcing from.”

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Spend Matters

DECEMBER 19, 2023

With another busy year of procurement and supply chain events tidily packed away behind us, Spend Matters is pleased to provide a round-up of the main events we attended in 2023, with a short recap of each and key takeaways. He then went on to discuss the huge impact of tech on the supply chain industry.

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Una

JULY 18, 2023

Familiarity with procurement software platforms , e-procurement systems, and vendor management systems is a must. Embrace tools that offer workflow automation, electronic signatures, and centralized document management systems to reduce manual effort and increase productivity.

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Una

JUNE 8, 2023

We need to focus on those that are critical for maintaining a reliable supply chain, optimizing costs, driving innovation, improving efficiency , and supporting strategic objectives. The focus for these items is usually on building strong relationships with suppliers and ensuring a stable supply chain.

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Una

NOVEMBER 19, 2023

In addition to procurement practitioners and supply chain professionals, The Sourcing Hero features guests from a variety of industries and career paths, each with a narrative that is relatable and relevant. Episode 140 What we usually expect from procurement managers is to make sure products come in and also to keep costs down.

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Una

AUGUST 31, 2023

Risk management Small businesses may not have the capacity to conduct thorough risk assessments , making them vulnerable to disruptions, quality issues, and compliance breaches. Managing this transition smoothly can be challenging without a strategic approach to sourcing. Learn more about how to manage risk using a GPO here.

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Una

JULY 13, 2023

In addition to procurement practitioners and supply chain professionals, The Sourcing Hero now features guests from a variety of industries and career paths, each with a narrative that is relatable and relevant. Josh Palacios, Senior Sourcing Manager, Ro Listen to the full episode here. We need to have an opinion.

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Jaggaer

OCTOBER 22, 2020

José Carande, Managing Director, Accenture Strategy, explained some of the difficulties and challenges faced by banks and financial services companies at a JAGGAER webinar on October 8, 2020. Moreover, the bank lacked any collaborative supplier relationship management or sourcing tool.

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Una

JUNE 5, 2024

Building Resilient Supply Chains To Weather Any Storm What does building a resilient supply chain entail? Imagine your supply chain as a sturdy ship navigating the choppy waters of the global marketplace. Building resilient supply chains So, what defines a resilient supply chain?

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Una

AUGUST 9, 2023

How to Improve Strategic Supplier Relationship Management How GPOs Can Help Improve Procurement Compliance Underestimating the power of data In a rush to achieve quick savings , organizations might overlook the potential insights hidden within procurement data. What Makes a Supplier Strategic?

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Procurement Software

APRIL 18, 2023

It also improves your agility across everyday procurement processes. Supply chains across the world have been hit hard with long lead times – increasing on average 207% this year. eAuctions are a great way to remain agile and cost-efficient. Change management – “It is a lifestyle, not a diet!”

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Let's Talk Supply Chain

APRIL 26, 2023

Over the last few years, a lot has changed in the supply chain industry. Fueled by constant disruptions that peaked during the pandemic and constant news headlines about the latest chain issues, consumers are more informed about supply chain and how it impacts their communities and daily lives.

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The Procuretech Podcast

JANUARY 25, 2022

We dive into the topic of how people are a vital factor in change management. Getting Your People Strategy Right for Change Management, Digital Transformation and Orchestrating the Procurement Organisation of the Future. Florian's 4 key areas for managing change. Sign up for the Procuretech Podcast Newsletter.

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Procurement Tactics

JANUARY 13, 2023

Or receive our famous weekly newsletter. Or receive our famous weekly newsletter. Gartner Supply Chain Symposium 2023. The Gartner Supply Chain Symposium 2023 is a well-known conference by many supply chain professionals. Supply Chain USA 2023. Download Course Details →. .

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IBM Supply Chain Blog

DECEMBER 7, 2023

As issues can vary from customer to customer, customer service reps will need to remain agile when assisting customers. Generative AI-based customer service team training All talent development will benefit from personalized training built on generative AI, but customer service training will see specific benefits.

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Planergy

DECEMBER 29, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Best Practices & Tips Category Management Procurement. Managing the challenges with best practices, including using procurement software for the marketing spend category helps simplify your process. Download Free Copy.

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Finale Inventory

SEPTEMBER 22, 2022

Businesses using D2C channels can control the entire selling process, from production to inventory management , order fulfillment and shipping. There’s no need to wait for retailers, distributors or other supply chain members. Companies opening D2C channels must be agile and adapt to new opportunities.

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Finale Inventory

SEPTEMBER 22, 2022

Businesses using D2C channels can control the entire selling process, from production to inventory management , order fulfillment and shipping. There’s no need to wait for retailers, distributors or other supply chain members. Companies opening D2C channels must be agile and adapt to new opportunities.

Strategy 52

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Planergy

AUGUST 25, 2022

How better management in AP can give you better flexibility for cash flow management. AP Automation Digital Transformation Management & Leadership. More accurate data Using data from standard reports has always been a necessity for businesses, with financial data used to make key management decisions. Written by.

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