Procurement Templates
DECEMBER 28, 2023
A certain amount of stress is normal in procurement, we are chasing deadlines, trouble shooting contracts, keeping stakeholders happy, therefore we need an avenue to release the stress and take steps time out to look after ourselves. The busier you are, the more it’s been recommended to take some time out to clear your mind. Sometimes, we don’t have the luxury of leaving our desks, and you can only take so many coffee breaks.
Supply Chain Brain
DECEMBER 28, 2023
By adopting AI technology to analyze critical enterprise-wide contract data and gain insights into supplier practices, companies can identify red flags and deviations from compliance standards
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Procurement Templates
DECEMBER 28, 2023
When you sometimes just want a physical sheet that you can scribble on and a nice planner to boot. Download and print Beige-Minimalist-Daily-Planner-procuremen-templates Download You might also like Team Meeting Agenda The post Daily Planner appeared first on Procurement Templates.
Let's Talk Supply Chain
DECEMBER 28, 2023
As the year draws to a close, we can look back on all the progress women in supply chain made this year and the powerful gains ahead. 2023 marks the year women in supply chain returned to the post-pandemic workforce in full force. These advancements turned heads at the C-suite and executive level. 26% of all executives, including CSO, SVP, EVP, and CPO positions, are filled by women—an all-time high up almost 20% from a year prior.
Advertiser: GEP
Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.
Supply Chain Brain
DECEMBER 28, 2023
The solution is not eliminating free returns, but fixing convoluted supply chains and collaborating with shippers to make reverse logistics more affordable.
SCMR (Supply Chain Management Review)
DECEMBER 28, 2023
A new survey found that 87% of B2B leaders say a supply chain management system is the most important solution to offering a frictionless digital purchasing journey to customers.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
SCMDOJO
DECEMBER 28, 2023
In the era of the Digital Retail Revolution, adaptive supply chain management is imperative amid the surge in online retail and the social commerce boom. Notably, social commerce entails direct buying and selling on social media platforms. According to a recent report by Global Web Index, modern shoppers distribute their attention across multiple social platforms and are increasingly likely to purchase products on their mobile devices.
Supply Chain Brain
DECEMBER 28, 2023
Russia says it regards all cargo ships in the Black Sea bound for Ukraine as potential military targets, and mines remain a constant threat.
Procurement Insights
DECEMBER 28, 2023
In a previous post, I talked about press releases – more specifically, their effectiveness in influencing prospect and new client decision-making. I then posted the following question on social media to solicit feedback from my 58,000 followers/connections: Here is a response I received on Twitter that echos the sentiments of almost every reply to my question on all mediums: David Loseby MCIOB Chtr’d FAPM FCMI FCIPS Chtr’d FRSA MIoD MICW Another industry thought leader expanded
Spend Matters
DECEMBER 28, 2023
Procurement is entering an exciting new era of embedded intelligence. Technologies such as generative artificial intelligence (AI) and machine learning make possible what was only dreamt of in years past — intelligent automation, predictive procurement and exponential data processing. As generative AI and other disruptive technologies continue to accelerate in 2024, embracing digital transformation in the procurement space will be imperative for success.
Speaker: Kevin Kai Wong, President of Emergent Energy Solutions
In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets.
Arkestro
DECEMBER 28, 2023
Just how much do procurement organizations stand to gain by investing in automation tools? To find out, Arkestro conducted a field trial across three different organizations with its predictive procurement tool to analyze how impactful intelligent procurement can be, and how much savings were possible. Corey Turoff, Director of Implementation at Arkestro, explains.
Pipefy
DECEMBER 28, 2023
Process Cycle Efficiency (PCE) is a popular metric organizations use to measure business process efficiency by identifying areas for improvement. Understanding how this metric works is key to enhancing productivity, reducing costs, and delivering higher-quality products and services to customers. In this article, we’ll explore the idea behind the PCE concept, how it is calculated, ways to improve it, and factors that influence the metric.
Supply Chain Brain
DECEMBER 28, 2023
The U.S.'s trade body had barred imports and sales of Apple watches with technology for reading blood-oxygen levels, because of a patent row.
Procurement Templates
DECEMBER 28, 2023
Have you seen the procurement jobs for Neom? Neom, a brainchild of Saudi Arabia’s visionary leadership, is an ambitious project aiming to forefront change in humanity’s future. With an estimated cost exceeding $500 billion, largely funded by Saudi Arabia’s government initiatives, Neom unfolds as a multifaceted initiative poised to revolutionize sectors globally.
Advertiser: GEP
Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.
Supply Chain Brain
DECEMBER 28, 2023
However, the percentage of abuse and fraud impacting total returns continues to trend in the wrong direction, increasing from 10.2% to 13.
Procurement Insights
DECEMBER 28, 2023
Over the years, I have been asked many times how can I make my clients successful? My answer has always been the same – always try to choose successful clients. The inevitable follow-up question is, what is an example of a successful client? For that answer, let’s go back to a 2007 post in this blog titled “Yes, Virginia! There is more to e-procurement than software!
Supply Chain Brain
DECEMBER 28, 2023
The acquisition builds on a run of deals in China for AstraZeneca, one of the most active western drug-makers in that country.
Spend Matters
DECEMBER 28, 2023
Spend Matters is publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. We are highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.
Speaker: Scott Campbell and Molly Feller
As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe
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