Wed.Aug 17, 2022

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Supplier Evaluation — Everything a Procurement Professional Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. Supplier Evaluation — Everything a Procurement Professional Should Know. A supplier’s evaluation is crucial in procurement. The evaluation helps the organization filter the potential suppliers to get the best partner for its business.

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Simple Invoice Software

ProcurePort

• Procurement is a complex undertaking that demands time and effort. Procurement teams spend time managing contracts, handling invoicing, and conducting matching processes. • Automation provides an easy way to handle invoices. The almost overnight transition that organizations and employees have had to deal with has been challenging, physically, emotionally, and even psychologically. • Thus, […].

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Public sector procurement professionals in high demand

Procurement Heads

The CIPD’s Labour Market Outlook for 2022 , which is based on a survey of 2,000 employers across all sectors, found that 53% of charities were trying to recruit for “hard-to-fill” roles. Only two areas are finding it harder than the charity sector, with another public sector space – education (56%) – topping the list of areas struggling to hire.

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Another Month of High Volume at Port of L.A., While Exports Continue to Fall

Supply Chain Brain

July saw another “outstanding” month for cargo volumes at the Port of Los Angeles and wait times were down, said port executive director Gene Seroka, while noting that exports had continued to decline for three years. .

Export 122
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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

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.

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Tail Spend: Your Guide to Full Spend Visibility and Savings

Una

Understanding and Taming Tail Spend. A comprehensive guide designed to tame tail spend in a way that leads to reduced risk and increased cost savings. Taming Tail Spend. Welcome! This comprehensive guide will go over tail spend in procurement and provide resources for how to implement an effective tail spend management strategy. You’ll hear from industry experts who have been there, done that, and can share best practices for managing tail spend.

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Drought Devastates U.S. Cotton Harvest

Supply Chain Brain

Harsh weather patterns soon may be reaching into apparel supply chains. Southwestern cotton growers are abandoning millions of parched acres that they planted in the spring, reports The Wall Street Journal, sending prices sharply higher on forecasts for the weakest U.S. harvest in more than a decade.

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More Trending

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San Pedro Bay Ports Seek Comment on Second Drayage Truck Assessment

Supply Chain Brain

The San Pedro Bay ports of Los Ane.geles and Long Beach have invited the public to comment on a draft 2021 feasibility assessment of cleaner drayage truck technologies needed to help the ports reduce air pollution and reach the ambitious zero-emissions goals adopted in the 2017 Clean Air Action Plan (CAAP) Updat.

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The Tricks to Maintaining Employee Happiness!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Motivating Employees for Better Results! Your business might very much be something that belongs to you, but as it grows, its success and the operation of your services likely wouldn’t be possible without your employees’ work. It’s easy to ignore that and see yourself as the one who holds all of the power due to the benefits that you might provide them with, but maintaining employee happiness could be more vital to your busin

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Supply Chain Woes? Virtual Assistant Technology Can Help

Supply Chain Brain

Brands that have deployed automation and artificial intelligence in their contact centers have uncovered new ways to overcome labor challenges — while also creating more positive customer experiences.

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Methods for Learning About Bitcoin Cash!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Bitcoin Not Equivalent to Other Cryptographic Cash! Creating electronic money that can be exchanged through its portion network is essential in the rapid world. In this way, in 2009, one such money, known as Bitcoin, and learning about Bitcoin cash, was spread out as cryptographic cash.

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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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Boat Blocks the Rhine Just as Water Level Starts Creeping Higher

Supply Chain Brain

A vessel is blocking the Rhine River after suffering a technical fault, yet another glitch for the key waterway that has become difficult to navigate because of drought.

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PepsiCo to build its largest US beverage plant in Colorado

Supply Chain Dive

The facility, which will create 250 jobs, is expected to open next summer and make drinks including Gatorade, bubly, Rockstar and its namesake soda.

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Characteristics of a Perfect Marketplace for NFTs!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Non-Fungible Token (NFT) Overview! The non-fungible tokens are becoming famous worldwide, and the primary reason behind the same is their uniqueness and security. However, apart from all this, if you are willing to use the non-fungible tokens in the best way possible, you will undoubtedly require a perfect marketplace for NFTs.

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Amazon announces first peak season fee for its fulfillment services

Supply Chain Dive

The e-commerce giant said it previously absorbed the higher cost of holiday shipping, but added that seasonal expenses have reached new heights.

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Scaling Logistics for Success: A White Claw Story

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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Risk Vendor Profiles (Part 2): Supply Chain Risk monitoring solutions — Prewave, Everstream Analytics, Resilinc, riskmethods

Spend Matters

Categories: Market Intelligence , Procurement Strategy & Planning , Professional Services , risk-compliance-management , Supplier Performance , Supplier Risk and Compliance Management Tags: PRO This Spend Matters PRO analysis is the second in our 7-part series on Risk technology solutions and services vendors, focusing on organizations' increasing need to manage and mitigate risk scenarios.

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Railroads should raise pay 24%, White House labor board proposes

Supply Chain Dive

Carriers wanted a smaller increase, but say they are ready to secure a contract as labor woes persist.

Contract 104
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Powering Procurement in the Electric Utility Industry, Part 2

Supply Chain Brain

Despite uncertainties, utility companies must continue to provide seamless and consistent services to their customers. In this environment, the role of procurement becomes even more critical.

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Inflation Reduction Act encourages EV battery sourcing, production in North America

Supply Chain Dive

The law creates incentives that could require major shifts in critical mineral supply chains for U.S. automakers.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

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What Is JAGGAER Contracts AI and How Can You Use It?

Jaggaer

The post What Is JAGGAER Contracts AI and How Can You Use It? appeared first on JAGGAER.

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We Need To Rethink Supplier Segmentation To Boost Sustainability

HICX

Encouragingly, sustainability is now a topic for many boards. But to be truly protect our planet, it needs to be established on the corporate agenda for good. To make this happen, we need to rethink the way in which we work with suppliers. By Anthony Payne, HICX CMO. As environmental concerns continue to take center stage, businesses are under more pressure than ever to act sustainably.

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How Painful Are the Hidden Costs of an ESG Strategy?

Procurement Insights

In 2008 I wrote a paper titled The Greening of Procurement: How Social Consciousness is Re-Shaping Procurement Practices. Included in my research was the following excerpt from the book Cannibals With Forks – The Triple Bottom Line of 21st Century Business, By John Elkington (Capstone Publishing, Oxford, 1997): “In our rapidly evolving capitalist economies, where it is in the natural order of things for corporations to devour competing corporations, for industries to carve up and digest ot

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SupplyChainBrain's Great Supply Chain Partners

Supply Chain Brain

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Supply Chain Orchestration: A New Era in Supply Chain Management

When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.

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Technology Round-Up — August 17, 2022

CPO Rising

CPO Rising’s Technology Round-Up Series returns today with fresh supply management technology news and updates covering a few recent major announcements. If you are a sourcing, procurement, or spend management solution provider and you are continually innovating the way that procurement and supply chain leaders and practitioners drive value, we’d love to hear from you.

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A New Cloud EDI Platform: 5 Ways to Simplify EDI

Let's Talk Supply Chain

For many companies, implementing EDI and onboarding trading partners is a time-consuming, costly, and frustrating process. Traditional EDI software integrations and partner onboarding have not evolved over the years. If you’ve accumulated EDI connections with hundreds of trading partners, the thought of switching platforms may seem daunting. A growing number of companies are learning that there are new solutions with modern architectures available that make EDI much simpler to manage, maintain a

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O-I Glass selects Ivalua to streamline its Global Direct and Indirect Source-to-Pay Processes

ivalua

Redwood City, 17 August, 2022 – Ivalua, a global leader in spend management , today announced that O-I Glass Inc, an American Fortune 500 company headquartered in Perrysburg, Ohio, has selected its solution to streamline its Global Direct and Indirect Source-to-Pay (S2P) Processes. O-I Glass is one of the world’s leading producers of glass bottles and jars, operating 70 glass manufacturing plants in 19 countries with an annual revenue of $6.4B in 2021 and 24,000 employees.

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The Benefits of LTL Trucking!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. When to Call for LTL Trucking! There are many benefits of LTL trucking services rather than traditional trucking services. For one, LTL trucking is much more economical for small businesses and shippers. Rather than having to hire a full truck and driver to transport their goods, businesses can use LTL services to share the cost of transportation with other businesses at greater efficiency.

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GEP Outlook Report 2024

Procurement and supply chain leaders have faced their share of disruption and economic turmoil these past four years. Whether from geopolitical tensions or the havoc caused by the pandemic and its aftershocks, plenty of challenges remain. Despite this, leaders are seeing a glimmer of light at the end of the tunnel — inflation is decreasing, interest rates are leveling off and supply chain volatility is easing.