Thu.Jan 05, 2023

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The best request for proposal (RFP) questions to ask vendors

RPF360

Whether it's your first RFP or your 101st, sometimes we end up staring blankly at our team, wondering if we've covered all our bases. Learn how to identify and manage sources of vendor risk throughout the RFP and contract review process. The post The best request for proposal (RFP) questions to ask vendors appeared first on RFP360.

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PunchOut Catalog — The Ultimate Guide of 2023

Procurement Tactics

33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. PunchOut Catalog — The Ultimate Guide of 2023. A PunchOut catalog is a dream come true for many procurement professionals that use an e-procurement system. . It allows them to have a purchasing experience that provides process improvement and better spend management for the entire organization without leaving their e-procurement system.

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Automakers face Senate probe over forced labor in supply chains

Supply Chain Dive

The chamber’s finance committee is questioning major manufacturers following reports of materials linked to the Xinjiang region of China.

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Empower Your Workforce to Succeed with Satellite IoT

Supply Chain Brain

When workers are armed with cutting-edge technology that enables them to do their jobs efficiently, burnout is reduced, and retention rates improve.

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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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4 benefits of supplier segmentation

Supply Chain Dive

By categorizing vendors, procurement managers can focus on maximizing the value of supplier relationships.

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New Year Insights for the procurement solutions and services marketplace 2023: Jaggaer

Spend Matters

Categories: Best Practice , Commentary , Procurement Strategy & Planning Tags: EU , Insights Series For several years now, Spend Matters has been collecting and publishing a series of articles about predictions and insights on procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year is no different and we’ve framed the subject around “insights,” highlighting providers' observations from the year they’ve left behind and how th

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6 cost-reduction measures to recession-proof procurement with innovative tools and techniques

Spend Matters

Categories: Category Intelligence (Direct) , Category Intelligence (Indirect) , Market Intelligence , Procurement Strategy & Planning , Sponsored Article Tags: Sponsored Article A global recession is looming, according to most economists. What remains to be determined is its length, severity and impact on various sectors of the global economy. To combat the effects of high inflation and recession fears, chief procurement officers, category managers and sourcing professionals need to prepare

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Utilities sound alarm over transformer shortage

Supply Chain Dive

Shortages of materials, labor and production capacity are beginning to hold back electrification projects and threaten grid reliability, the electric sector warned.

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Last-mile logistics growth in the U.S. continues to grow strongly

SCMR (Supply Chain Management Review)

The Armstrong Associates report, entitled “Making it Count”: Big and Bulky Last-Mile Delivery in the United States” is the result of a partnership between Armstrong and the National Home Delivery Association (NHDA) and focuses on various trends and themes, including: the usage of independent contractors compared to employee drivers; customer and revenue trends by vertical industry; and the growing use of freight brokerage to source last-mile carrier capacity.

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What is Digital Procurement? Ultimate Guide to Procurement Transformation

Pipefy

Digitalization is no longer the leading edge of procurement innovation — it’s the new industry standard. Businesses of every size and in every industry are using digital procurement to standardize processes, unify systems, and contain costs. Companies that still rely on manual procurement processes are at a competitive disadvantage. That’s because manual procurement processes tend to be inefficient, fragmented, and error-prone.

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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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Warehouse Leasing Tumbled at the End of 2022

Supply Chain Brain

The pull-back comes as retailers rein back their inventory replenishment efforts in an increasingly uncertain economy.

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Build skills and retain employees in supply chain and procurement

Skill Dynamics

Stress was a state of mind for supply chain and procurement professionals during the pandemic. Being responsible for keeping shelves filled and channels open at a time when the world was putting up barriers and closing borders was an unprecedented logistical challenge. Although digitized processes played a role in the success of keeping everything running, what really helped efficient functioning was collaboration with suppliers and internal teams, quick thinking, responsiveness and sheer hard w

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U.S. Adds 223,000 Jobs in December, Ending 2022 on High Note

Supply Chain Brain

The annual rate of inflation is still running well ahead of wage gains, but the Fed has argued that a tight labor market has led to inflation-fueling income gains.

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6 Must-Know Elements of a Contract

ContractSafe

Did you know that the first-ever contract was created over 4,000 years ago ?

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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.

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Watch: Linking Long-Term Strategy With Tactical Planning

Supply Chain Brain

Todd Ferguson, business advisor at Oliver Wight Americas, explains the concept of integrated tactical planning, and how it can put a stop to the need for “firefighting,” and help executives focus on long-term strategizing.

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7 podcasts to inspire You in 2023

Art of Procurement

Welcome to 2023! The holidays are over and a whole new year is stretched out before us. The start of. The post 7 podcasts to inspire You in 2023 appeared first on Art of Procurement.

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U.K. PM Plans Imminent U.K. Strike Law and Urges Unions to Talk

Supply Chain Brain

The legislation would allow employers to fire striking workers in essential sectors and sue trade unions if they fail to provide a minimum level of service.

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Successful supply chain transformation comes down to knowing the difference between digitization and digitalization

Procurement Insights

When it comes to procurement’s digital transformation what is the difference between digitization and digitalization? I just read this article on the Mintec blog by Mita Gupta about Digital Strategy and Implementation. She accurately and succinctly explains the juxtaposition between the digitization and digitalization of the supply chain. It will be VERY interesting to read the next installment in the The BIG SEVEN in 2023 for Procurement Series.

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A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026

Speaker: Jason Cottrell and Gireesh Sahukar

Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.

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China Approves Merck’s Covid Therapy Amid Shortage of Drugs

Supply Chain Brain

The country has so far relied almost solely on homegrown medicines and vaccines to shore up immunity and treat COVID patients. .

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How worried should procurement be about the relaxation of China’s ‘zero-Covid’ policy?

Procurement Leaders

On the face of it, Chinese President Xi Jinping’s recent decision to abandon much of the country’s strict ‘zero-Covid’ protocols in December 2022 has the potential to be a boon for global businesses. After three years of severe restrictions, the opening up of the world’s second-largest market provides huge trading opportunities that could have knock-on benefits for the global economy.

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Podcast | How a Specialty Vehicle Maker Weathered the Pandemic

Supply Chain Brain

A maker of emergency vehicles has managed to surmount its own set of supply chain emergencies.