Thu.Dec 01, 2022

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RFP meaning: What is a request for proposal?

RPF360

Let's breakdown the RFP meaning and explore everything you need to know about this key business tool. Learn the definition of an RFP, who's involved in the RFP process, when you should issue one and how an RFP management system can streamline the process. The post RFP meaning: What is a request for proposal? appeared first on RFP360.

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Championing procurement transformation in the C-suite: How predictive procurement orchestration accelerates executive alignment around your digital roadmap

Spend Matters

Categories: Procurement , Procurement Research , Procurement Strategy & Planning , Sponsored Article Tags: EU , Sponsored Article We are living in challenging times where companies are facing unprecedented challenges on multiple fronts. Supply shortages existing alongside inventory gluts and steep interest-rate hikes in response to economic inflation now threaten to push the global economy into a recession.

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Subway, Chick-fil-A alert customers on lettuce crunch

Supply Chain Dive

Dole's COO warned of "complete crop failure in the industry" driven by extreme heat.

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Biden Proposes Overhaul of U.S. Biofuel Law to Boost EV Makers Like Tesla

Supply Chain Brain

An Environmental Protection Agency proposal released December 1 invites public feedback on an array of changes to the Renewable Fuel Standard.

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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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Senate sends bill avoiding rail shutdown to Biden’s desk

Supply Chain Dive

The divided chamber shot down an amendment to give workers seven days paid sick leave.

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Watch: Leveling Transportation Demand at Kimberly-Clark

Supply Chain Brain

Ron Sweet, senior consultant at Kimberly-Clark, describes how the CPG giant optimized transportation management, in this case study submission to the 2022 Supply Chain Innovator of the Year Award.

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More Trending

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Podcast | Can Mexico Replace China as a Manufacturing Powerhouse?

Supply Chain Brain

China is losing its luster as a low-cost source of manufacturing. Is Mexico an alternative?

Sourcing 116
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Burlington navigates higher sourcing costs after ‘desirable’ closeout buys

Supply Chain Dive

Product sourcing costs grew 13% from the previous quarter as the off-price retailer took advantage of excess supply.

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Spend Matters Fall 2022 SolutionMap – Analyst observations in AP/I2P, P2P and eProcurement

Spend Matters

Categories: Accounts Payable , eProcurement / Procurement , Finance , P2P , P2P and Working Capital , Payments , Procurement Systems & Architecture Tags: EU , P2P , SolutionMap Twice a year, Spend Matters analysts work hard to further deepen their understanding of procurement tech (and services) solutions at a granular level by analyzing vendor-based RFI requirements across 11 source-to-pay tech categories and reviewing anonymized customer references.

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Convenience Store Client Maximizes Profit and Improves Customer Service

Supply Chain Brain

Challenge: Despite significant growth, a major convenience store (c-store) chain had inventory management challenges.

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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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AWS announces AWS Supply Chain

SCMR (Supply Chain Management Review)

New cloud application from Amazon Web Services improves supply chain visibility and delivers actionable insights to mitigate supply chain risks, lower costs, and improve customer experiences.

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Register Now for Digital Outcomes 2023

Art of Procurement

It is natural to look ahead this time of year. What will 2023 hold? Will we be ready? The Art. The post Register Now for Digital Outcomes 2023 appeared first on Art of Procurement.

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Ships Linked to Russia’s Biggest Grain Exporter Moved Stolen Ukrainian Cargo

Supply Chain Brain

The smuggling process builds on operations in Russian-occupied Ukraine, where trucks have moved stolen grain through a clandestine system to Crimea.

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Why milestones are important for online learners

Skill Dynamics

Some people love quizzes, some people are ambivalent towards them, and some people loathe them. However, when you’re in a learning environment, thanks to human psychology, there’s a little endorphin rush when you correctly answer a question about something you’ve just learned. Indeed, apps such as Duolingo rely on this psychological effect to keep subscribers active, a sense of achievement encouraging them to continue learning and progressing.

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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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Cooling Demand Squeezes Factory Activity in Europe and Asia

Supply Chain Brain

Manufacturing had just started to recover from pandemic-related lockdowns and supply-chain disruptions, making the global slowdown a rising concern.

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Why eLearning should not be one size fits all!

Skill Dynamics

I’d like you to imagine King Charles the 3rd, and Ozzy Osbourne, just imagine them sitting side by side in a classroom. Now, because they are both very familiar figures, you can immediately understand why you would not treat these two people the same way – even though on paper, they look as if they belong in the same category. They are both male, the same age, in the top 1% of earners and both live in the south of England for example.

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Heathrow Faces Pre-Christmas Baggage Handlers Strike

Supply Chain Brain

Airlines that are likely to be affected by the three-day strike are Air Canada, American Airlines, Lufthansa, Swiss Air, Air Portugal, Austrian Airlines, Qantas, Egypt Air, Aer Lingus and Finnair. .

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Manufacturing output decreases in November, reports ISM

SCMR (Supply Chain Management Review)

The report’s key metric, the PMI, was 49.0 (a reading of 50 or higher indicates growth), down 1.2% from October’s 50.2, September’s 50.9 and back-to-back readings of 52.8 in July and August, with November’s contraction snapping a stretch of 29 consecutive months of growth.

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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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Support Paper: Getting Ready for a P2P Transformation

Barkers Procurement

Transforming your P2P processes can feel like a daunting task, but it needn’t be. Preparation is key to ensure that the P2P solution you choose is the right option for your business. . We cover the key steps you need to undertake to ensure that your organisation is ready for an efficient and effective P2P transformation. . Setting the case for change .

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How to Start Building the Optimal Supplier Experience

HICX

Building the Optimal Supplier Experience. Providing an optimal supplier experience is only possible through a deep understanding of how your suppliers are expected to interact with an organization and then streamlining those processes in a ‘supplier-centric’ way. From a practical perspective, ‘ supplier centricity ’ in the context of Supplier Experience Management means removing friction from every aspect of the relationship for all suppliers across the board.

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What Can Location Map Software Be Used For?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The History and State of Vehicle Routing! Most companies collect and store consumer data. For many businesses, the data holds a geographic component to the information, including physical address or general city. Unfortunately, businesses without location map software will involuntarily forgo these critical communication components.

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Lessons in Cyber Resiliency That Manufacturers Can Learn From Healthcare

Supply Chain Brain

The manufacturing sector has reached an inflection point in its digitization journey. .

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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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Things You Can Do With Your Cash App!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Best Apps to Have While Travelling! Mobile payment app Cash App changed how we make regular transactions for good. Want to send a friend some money? Need to order a pair of shoes on Amazon? All you need is a free account and some money in your debit card or bank account. Cash App is secure and easy to use, making it convenient and hassle-free.

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Moving an oversized aircraft engine from Miami to the Azores

SCMR (Supply Chain Management Review)

Aviation services group Air Partner coordinated the move using an Antonov AN-124 and Boeing 747 Freighter.

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Tips on How to Sell Your Accounting Practice!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 7 Ways to Simplify Accounting in Your Business! Selling any business or practice is going to be tough, and if you are looking into selling your accounting practice, this is going to be more complex. Indeed, the majority of accounting firm owners are now reaching the age of retirement, meaning there is likely to be an increase in the number of accounting practices being put up for sale.

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Watch: For Warehouses, Variability Demands Flexibility

Supply Chain Brain

As variability has ramped up in the warehouse, a flexible workforce has become a necessity, says Hisham Khaki, president of HapiGig.

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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,

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The Key Pillars of Third-Party Risk Management

ivalua

Third-party Risk Management (TPRM) within Services organizations, especially Financial Services (FSI), has become critical over the last few years. Some of this is due to regulation but a lot is simply due to the increase in risk occurrences of varying types and the increasing complexity of third- party relationships. In Q3 2021, The Hackett Group conducted a comprehensive performance study of third-party risk management across a wide demographic of companies.

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311: Step into the Future of Drayage, with Envase Technologies

Let's Talk Supply Chain

 Today I’m joined by Envase Technologies , an innovative and fast-growing transportation software brand that is on a mission to deliver a single, streamlined system that digitizes the lifecycle of a container across the intermodal ecosystem. Envase bring together everything you need to gain visibility and control over your operations, expose inefficiency, and de-clutter your system, including industry-leading TMS options to fit your needs, business intelligence, rate management tools, an integr

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8 Impacts of Climate Change

Value Match

Categories. Best Practice Guides. Bid Management. Business. Case Study. Circular Economy. Community Story. Contract for Change. Cyber Security. Environment and Climate. Equality and Inclusion. Government Buying Standards. House of Commons Committee of Public Accounts. Human Rights and Modern Slavery. Legislation. National Audit Office Reports. News.

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What the World Cup 2022 Taught Me About Procurement’s Parallax View

Procurement Insights

In 1921 Frederick R. Barnard turned the famous phrase about how a picture “paints a thousand words.” Some say it’s worth a thousand words, but I will leave it to you to haggle over the minute differences. But is what we see or think we see a “true” picture? To illustrate my point, let’s do a quick visual test. Check out the following “pictures” from moments before Japan scored against Spain to lift them to the Group’s top spot and the World C

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GEP Spend Category Outlook 2024

Your Roadmap to Smarter Spend Management in 2024 Geopolitical, economic and supply chain challenges will stick around in 2024, but don’t despair. There are strategic opportunities to leverage AI-powered technology and digital toolsets to overcome these hurdles more effectively. GEP experts in nearly two dozen critical categories guide you in the right direction in our annual comprehensive resource — GEP Spend Category Outlook 2024.