Tue.Feb 28, 2023

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Spring Interim Networking Event

Procurement Heads

In advance of the new financial year, this will be an opportunity for networking and discussion around all things procurement and interim management. If interim management within procurement is your specialism, or indeed if your business has had requirements for quality interim managers in this space, then please join us for a drink or two! Spaces are strictly on a first come first served basis, so please register your interest now by completing the form below to avoid disappointment.

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How to Benchmark Supplier Diversity Performance

Art of Procurement

If there were a shortlist of core procurement skills, benchmarking would undoubtedly be on it. And yet, for the ease. The post How to Benchmark Supplier Diversity Performance appeared first on Art of Procurement.

Suppliers 143
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Episode 104: Leveraging the Power of a Procurement Task Force with Harold Hendrickx

Una

EPISODE 104 Leveraging the Power of a Procurement Task Force with Harold Hendrickx By Kelly Barner | March 1, 2023 With the last few years being as unpredictable as they have been, procurement has experienced a number of mindset shifts – all of which have increased our agility and resilience. In fact, procurement has undergone so many changes that comparisons to the approaches and team models seen in military settings are not out of line.

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Amazon closes, cancels more warehouses as cost-cutting persists

Supply Chain Dive

The e-commerce giant canceled, closed or delayed 99 facilities in its U.S. fulfillment network, according to a firm tracking the company. Amazon disputed its findings.

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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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Innovations to Supply Chain and Logistics: Where Are They Happening?

Supply Chain Brain

Descartes studied 1,000 supply chain and logistics executives in North America and Europe, to determine where they’re placing their innovation emphasis and technology deployment focus.

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MSC CEO says future deals with Maersk are possible despite 2M’s end

Supply Chain Dive

While alliance-type collaborations and some swaps are possible, MSC CEO Søren Toft said there were advantages to operating independently.

More Trending

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Honda signs supply deal with Ascend Elements for recycled battery materials

Supply Chain Dive

The deal comes as automakers and battery suppliers alike ramp up production capacity.

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Linking WMS and TMS for Smoother Operations

Supply Chain Brain

How do you scale operations up and down without risking inefficiencies that threaten the very core of your business? An important part of the answer lies in the deployment of smart technology.

Risk 97
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Why Are Procurement Managers Quitting Their Jobs?

Procurement Software

For this week’s opinion piece, I’m looking at a recent article from Procurious. It comments on some data that was released by LinkedIn, showing that there are an increasing number of supply chain professionals and procurement managers who are quitting their jobs. If I quote the article: According to data released by LinkedIn to Bloomberg, in 2020-2021, the average number of supply chain managers who left their jobs, called the ‘separation rate’, increased by 28%.

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CEVA Logistics sets path to smaller carbon footprint

SCMR (Supply Chain Management Review)

Plans include 100% low-carbon electricity to power warehouses and a tripling of solar panel surface by 2025.

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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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Five Strategies to Accelerate Warehouse ROI

Supply Chain Brain

Continuing supply chain threats and opportunities are the new normal. But s ome of these disruptions will also present opportunities for growth for those who are ready, willing and able to act.

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Making Sense of the ACV, TCV, and NPV for SaaS Negotiations

The Good Spending

This post aims to study the tendency of SaaS vendors to provide ACV offers and suggest an uncommon negotiation argument. The definition and purpose of the ACV ACV, or Annual Contract Value , is a critical metric that shows you how much an ongoing customer contract is worth by averaging and normalizing its value over one year (minus one-time fees, e.g., setup or training.

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Five Strategies for Improving Warehouse Worker Retention

Supply Chain Brain

The COVID-19 pandemic has been one of the complicating factors that’s hampering warehouse worker retention, but it’s certainly not the only thing that’s made this quest even more challenging.

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Procurement in 5-Minutes: Elevating your procurement skills through personal experiences

Sourcing Solved

Procurement in 5-Minutes We live and work in a busy world in which there is little time to read, watch or listen beyond the headlines. Hello, my name is Iain Campbell-McKenna, and this is “Procurement in 5 Minutes.” That’s right, in 5-minutes (or more), I promise to tackle some of the biggest challenges and deepest questions our profession and industry face daily.

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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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The UFLPA: Your Apparel & Textiles Supply Chain Business Impacts & Risk Management

Supply Chain Brain

This eBook explains what can happen to your shipment under the UFLPA – detention, release, or exclusion and seizure, how to minimize the risk of detention, and the challenges with existing approaches.

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Leidos looks to cut costs with in-house sourcing

Supply Chain Dive

The company plans to manage some of its own security product supply chain and manufacturing.

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The 5 Catalyst for Automation Transformation in Manufacturing and Distribution – Topic 1: Labor Shortage

Supply Chain Brain

Variable market conditions and a continuously shrinking workforce have drastically crippled supply chains in recent years. Automation is the only viable option for companies looking to address labor shortages and optimize operations during times of peak demand.

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5 Things You Should Do On Every Sales Call

Shapiro Negotiations Institute

Sales calls can be nerve-racking, especially if you’re new to the industry or the stakes are high. They are, however, necessary for closing deals and meeting quotas. Many salespeople enter a call without a success strategy or plan. Follow these five guidelines to improve your sales calls. Let’s explore the 5 things to do on every sales call. Establish Clear Sales Call Objectives A good habit to develop before the call is to write down at least three questions you intend to ask.

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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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Credit Suisse ‘Seriously Breached’ Rules in Greensill Case

Supply Chain Brain

The Swiss bank was ordered to take remedial measures by Finma, which include a periodic executive board level-review of the most important business relationships for counter-party risks.

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Webinar: The Future of Sourcing Procurement Technology

HICX

In this webinar, taken from our latest Supplier Experience Community session, we welcome Dr Elouise Epstein, Partner, Kearney and Lance Younger, CEO, ProcureTech. Join us as we talk through the rapidly changing ways in which procure technologies are being sourced, from agile tech sourcing through to the rise of the procurement garage and how this is reshaping the industry.

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Watch: Solving Retail Returns: It's About Profit, Not Cost

Supply Chain Brain

Retailers should change their mindset to view returns as a profit center, not a burdensome cost, says Itamar Zur, co-founder and chief executive officer of Veho.

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Biden nominates Julie Su as US Labor Secretary

Supply Chain Dive

The former California labor secretary would replace Marty Walsh, who was heavily involved in negotiations with rail and West Coast port workers.

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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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Chinese Factories Boom While Japan's are in Reverse

Supply Chain Brain

Japan faces a global slowdown, the soaring cost of raw materials and calls for firms to raise wages for their workers to help ease a cost-of-living crisis.

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Like, Intent, Breakpoint — Closing Deals in Negotiation

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Like, Intent, Breakpoint — Closing Deals in Negotiation Like, intent, breakpoint will help you get your desired result in a negotiation. However, what is this strategy? For this article, we will tell you about our very own strategy called “like, intent, breakpoint” which will help you get what you want to achieve in negotiation.

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Watch: LogistiVIEW to Showcase AI-Driven Warehouse Suite at ProMat

Supply Chain Brain

Seth Patin, CEO and founder of LogistiVIEW , previews a demonstration of its new technology to be presented at ProMat 2023 in Chicago from March 20-23.

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Five Ways That Service Spares Logistics Improves the Bottom Line

Supply Chain Brain

All supply chains — including the service spares supply chain — have been transformed by the ripple effects of the past few years’ catastrophic events.

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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.

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Scan-to-Print Labeling Saves Time, Helps Reduce Costs and Boosts Accuracy

Supply Chain Brain

For busy warehouse operations, accurate labeling is essential. Unfortunately, many modern warehouses are still relying on outdated methods.

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How a Global Consumer Goods Company Generated a Hidden Sales Opportunity of $200 Million through Intelligent Data Synthesis

Supply Chain Brain

With rising consumer expectations, today’s global supply chains need real-time data visibility to manage operations effectively.

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How Industrial Tenants Can Optimize Their Network to Save Capital

Supply Chain Brain

The legendary “Amazon effect” has undoubtedly had the most significant influence on logistics activities in the last decade.

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Sam’s Club Adding Distribution Centers to Speed Up Online Fulfillment

Supply Chain Brain

Sam’s Club is the latest retailer to invest in new supply-chain facilities as companies seek to deliver packages faster.

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,