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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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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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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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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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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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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Winter weather stymied on-time deliveries in days before Christmas

Supply Chain Dive

Project44 data shows how challenging conditions on Dec. 23 and Dec. 24 soured what was overall a smooth peak season for last mile delivery performance.

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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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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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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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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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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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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.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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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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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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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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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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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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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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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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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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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.