Wed.Jul 20, 2022

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Importance of Strategic Sourcing Skills

ProcurePort

• Strategic sourcing in any organization means the development of a methodology of gathering and using the information in a manner that leverages the purchasing power of an organization to maximize value in procurement. • What this means is that strategic sourcing needs to be well thought out. It needs to be in sync with […]. The post Importance of Strategic Sourcing Skills appeared first on ProcurePort Blog.

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China Sourcing — The Ultimate Guide of 2022

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. China Sourcing — The Ultimate Guide of 2022. China sourcing is popular with many professionals in the field of procurement. Do you know why? Because it is the country that sells more manufactured goods than any other country!

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Industrial Insight

Procurement Heads

How do Procurement Heads work? The three types of recruitment that Procurement Heads offer are contingent, exclusive and retained. The difference between those is; contingent is multiple agents, fast service, competitive environment, probably just looking at sending across available candidates. Exclusive means a sole agency with an extended period of exclusivity, and it’s a payment on completion once the person accepts a contract or starts dependent on terms.

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How Smart Factory Automation Can Aid in Reshoring

Supply Chain Brain

By reshoring with automation technology, manufacturers can address the workforce challenges they’ve been experiencing for decades. .

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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.

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3 Reasons Shippers Struggle to Manage Their Allocation

Let's Talk Supply Chain

Many shippers have found it’s nearly impossible to track and manage their allocation efficiently today. The reason they struggle to manage their allocation is often due to inadequate workflows and booking rules, along with relying on the outdated legacy systems they use to manage it. In this article, we’ll highlight three reasons shippers struggle to manage their allocation and how harmonized contract performance and forecasting can enable optimized allocation. 1.

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Watch: Identifying Future Supply Chain Risks

Supply Chain Brain

Having dealt with any number of supply chain threats in recent years, supply chain managers need technology solutions that will help them identify which challenges are in their future, says Pawan Joshi, executive vice president for products and strategy at e2open.

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Watch: The State of Manufacturing

Supply Chain Brain

Dave Evans, chief executive officer and co-founder of Fictiv, details what's happening in visibility, digital security and productivity in manufacturing.

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Episode 74: Creating Opportunities for Networking & Education with Kathy Perna

Una

Ep 74: Creating Opportunities for Networking & Education with Kathy Perna. By Kelly Barner | July 20, 2022. Networking has changed a lot in procurement – and the transition from in-person to digital was underway even before the pandemic hit. Digital networking requires a different kind of energy, and when the whole world stopped and went home to work, the most creative educators in the field of procurement found new ways to bind the community together and add value.

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More Companies Offer Supply Chain Financing to Vendors

Supply Chain Brain

Shipping logjams and strains over inventories are raising the profile of supply-chain finance.

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280: Women In Supply Chain, Margo Waldie

Let's Talk Supply Chain

In today’s episode of Women In Supply Chain, I’m joined by Margo Waldie: an amazing woman helping businesses increase their profitability using her expertise in the cargo, sales and warehousing worlds. Margo is currently the director of sales at NFI, a fully integrated North American supply chain solutions provider. A champion of sales who has made over 50 thousand sales calls, Margo Waldie joins us to talk all about her powerful supply chain career so far; her passion for sales; and her show Ca

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

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Russia Resumes Nord Stream Gas Flow, Bringing Europe Respite

Supply Chain Brain

Russia began sending natural gas to Europe through the Nord Stream pipeline system after a pause, bringing relief to a continent whose economy is starting to wobble under the strain of reduced supplies.

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Spotlight on Social Value – Matthew Hardaker

Barkers Procurement

Summary. P reviously a Special Constable with Lancashire Police, Matthew witnessed first-hand how individuals going through difficult times could quickly escalate into a mental health crisis situation if they didn’t have access to appropriate support networks. His observations of the particular difficulty for men to speak about their mental health challenges resonated, so when he heard about Mental Health Motorbike , which promotes awareness of mental health challenges within the motorbike commu

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Purchasing problems: 10 common challenges every purchasing manager faces

Procurify

Written by: Procurify. If you are a purchasing manager struggling to meet your saving targets, you’re not alone. . According to a report by Ardent Partners , 2022 savings targets for procurement teams is almost 19% lower than the last year. Although cost-saving has been a top priority for a long time, new requirements in procurement are surfacing and bringing challenges with them.

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P2P Technology Round-Up — July 20, 2022

CPO Rising

CPO Rising’s Technology Round-Up Series focuses on the world of Accounts Payable and P2P this week, including several acquisitions and partnership announcements. SignUp Software and SK Global Software Deepen Partnership and Value for Microsoft Dynamics Customers DOVER, Del. — SignUp Software, a leading AP invoice automation solution for Microsoft Dynamics 365 Finance and Operations, and Dynamics 365 […].

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How Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform

Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.