Tue.Sep 06, 2022

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How To Build an Effective Procurement Strategy

ProcurePort

• Procurement is a complex undertaking for organizations and requires a careful strategy to ensure it aligns with and supports the overall corporate strategy. The importance of procurement has increased over the past few decades, as demands for firms to be more efficient have increased. • The fact that firms can now source globally and […]. The post How To Build an Effective Procurement Strategy appeared first on ProcurePort Blog.

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Managing A Procurement Team – Definitive Guide

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. Or receive our famous weekly newsletter. Managing A Procurement Team – Definitive Guide. Managing a procurement team is difficult. You have this new wave of procurement professionals coming your way with different ideals and perspectives due to the generation gap.

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Ousted contractor launches vote of no confidence in FedEx Ground CEO

Supply Chain Dive

Delivery providers are also being asked about contract renegotiations, business profitability and if they fear retaliation over dissenting views.

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Challenges And Opportunities In The Food & Beverage Industry

The Thomas Blog

The Food and Beverage Services Global Market Report expects the global market to grow from $3.2 trillion in 2021 to $3.7 trillion in 2022. It's a promising outlook, given that just a few years ago, Fortune reported an $18 billion loss for the top 25 U.S. food and beverage companies. As the newer generations move away from processed foods in favor of seeking healthier alternatives with cleaner labels, companies are adapting and pressing forward — t hat trend continues to grow at an excessive pace

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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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Why training must be engaging to be effective

Supply Chain Dive

Fundamentally, engagement is the key to effective training, which is why we follow three key steps that guarantee effective, lasting training for every employee.

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The complete guide to corporate travel management

Spendesk

Business travel can be hellish to manage. With employees flying all over the world, there are flights to book, accommodation to arrange, and an endless list of miscellaneous costs and tasks to keep on top of.

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Leveraging Lean Procurement

Una

Leveraging Lean Procurement. By Hugo Britt | September 6, 2022. Have you ever been asked to “do more with less” in procurement? Perhaps the size of your team has been reduced, your function’s operating budget has been cut, or there is an organization-wide drive to eliminate waste and increase efficiency. No matter the reason, you’re faced with a pressing challenge – how are you going to maintain or increase productivity with fewer resources?

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Amazon Closes, Abandons Plans for Dozens of U.S. Warehouses

Supply Chain Brain

MWPVL International Inc., which tracks Amazon’s real-estate footprint, estimates the company has either shuttered or killed plans to open 42 facilities totaling almost 25 million square feet of usable space.

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6 Ways To Improve Your ECommerce Order Fulfilment!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Featuring Our 10 Best Warehouse Order Fulfillment Articles! The need to improve your ECommerce order fulfilment is the entire process your company goes through when you receive an order from a customer until it’s delivered. On the other hand, you’ll also have to deal with returns when customers want to send something back because they changed their minds, had a problem, or it needs to be fixed.

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Making Holiday Shipping Easier, Faster and More Reliable

Supply Chain Brain

To satisfy demand and start alleviating challenges, retailers need a comprehensive last-mile strategy to make the holiday shopping season easier.

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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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What Could AI’s Role Be in the Future of Cybersecurity?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Metaverse and the Digital Supply Chain! Everyone knows that we live in an increasingly tech-centric world that sees us spending more time online. This is certainly true when it comes to supply chain management in business and the future of cybersecurity, for example. Modern management of supply chains involves the latest software and tech platforms to track goods in transit or manage stock levels.

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Felixstowe Port Strike: Union Warns of Further Action

Supply Chain Brain

Dockworkers at the U.K.'s busiest container port say more industrial action could follow, as an eight-day strike ends with no agreement.

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Ex-FedEx Ground contractor’s push for franchisee perks could spark legal battle

Supply Chain Dive

Spencer Patton floated contractor reclassification as the next phase of his campaign against Ground leadership.

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DataServ: Vendor Analysis — AP automation solution overview, roadmap, competitors/market analysis, tech selection tips, analyst summary

Spend Matters

Categories: Accounts Payable , Invoicing , P2P , Procurement Systems & Architecture , Solution Providers Tags: PRO As our analysis of AP automation solutions continues, we come to DataServ, an exceptions-based, AI-powered AP invoice automation-solution. DataServ has been in the business of AP automation for a long time (since 1994) and is well aware of the challenges that AP process automation brings.

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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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NFI partners with Boston Dynamics to debut autonomous robot

Supply Chain Dive

The North America logistics provider will roll out a truck unloading bot in 2023 to supplement labor and improve employee safety.

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Podcast | Sounding the Alarm for an Economic Meltdown

Supply Chain Brain

Will mounting debt be the factor that finally plunges the economy into recession?

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61% of suppliers struggle to do their best for big brands

HICX

According to HICX’s new ‘Voice of the Supplier’ survey, 61% of suppliers are struggling to put their best foot forward for major manufacturers – presenting an opportunity for brands to improve supplier experience and boost competitiveness. Supplier Experience Platform, HICX, has released the ‘Voice of the Supplier’ survey report, which explores the experience suppliers have in working with top enterprises.

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WCS to Focus on Building Resilience in Air Cargo

Supply Chain Brain

The International Air Transport Association (IATA) announced that the IATA World Cargo Symposium (WCS) will focus on building resilience to further strengthen air cargo’s post-pandemic prospects. .

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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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Corporate Trade: Transform Excess Assets Into Funding for Advertising

Procurement Foundry

A few months ago, Procurement Foundry surveyed members of our Online Geniuses platform to find out if Corporate Trade was a solution in their arsenal of media buying innovations. Specifically, 451 respondents across Agency, Brand, Martech and Media Outlets gave us some insight on awareness and usage of Corporate Trade.

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Storing Products 101: Tips for Protecting Your Inventory

Finale Inventory

Your inventory is the life of your business. Finding a way to ensure your items are safe and protected, whether they’re in your warehouse or another storage facility, will give you peace of mind and keep your business running smoothly. This guide will take you through factors you should consider to ensure your products’ safety, as well as ways to keep your inventory organized. 8 Ways to Store and Protect Your Inventory.

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How To Create An Agile Finance Function

Planergy

Clients and results. More Customers. We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with PLANERGY. Cristian Maradiaga. King Ocean. Book a Live Demo. Download a free copy of "Preparing Your AP Department For The Future", to learn: How to transition from paper and excel to eInvoicing.

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How Consumer Price Hikes Impact Fleet Operating Costs

Supply Chain Brain

A rising Consumer Price Index directly correlates to the cost of financing equipment, but it can also have a significant ripple effect on other cost centers, such as maintenance and repair.

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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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The Impact of The Great Resignation on Procurement

Arkestro

The world—and the workplace—is evolving rapidly, and with changes comes shake-ups within procurement and beyond. One of the shifts we’re seeing today is the Great Resignation, which is transforming the workplace (and isn’t going anywhere anytime soon). Since this trend of workers resigning en masse is here to stay, inherent risks come along with this change.

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Watch: Time to Digitize Your Ocean Freight Contracts

Supply Chain Brain

The ocean freight industry is greatly in need of a way to automate and digitize the contracting process — and so is every other stage of the supply chain, says Matt Marshall, senior vice president with NYSHEX.

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6 Reasons to Outsource Logistics Services and Invest in Shipping Software

Orderhive

The post 6 Reasons to Outsource Logistics Services and Invest in Shipping Software appeared first on Cin7 Orderhive.

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Source-to-pay provider JAGGAER wins software tender with Dr. Oetker

Jaggaer

The post Source-to-pay provider JAGGAER wins software tender with Dr. Oetker appeared first on JAGGAER.

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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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Your next CPO role: taking ownership of your career

Spotlight on Procurement

Lucy Harding, Partner and Global Head of the Procurement & Supply Chain Practice at Odgers Berndtson, discusses what makes someone successful in a CPO position and what the future of talent in procurement looks like.

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The Supply Chain Detective™ and the Case of the Broken Global Processes!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Supply Chain Detective – Our First 10 Cases! I had just arrived on the scene. On the surface the operational leaders I met from the Americas, Europe and Asia were very smart people. But I soon learned that each region had their own disparate ways of doing things locally.

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The Voice of the Supplier Survey

HICX

As Dr. Elouise Epstein puts it, the way in which we work with suppliers simply has to change. Recent events have shown that ‘ supplier experience ’ is behind other areas, such as Customer experience (CX) and this can be damaging. It means that suppliers can often face unnecessary administrative burden, poor information sharing and slow communications.