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Ukraine requires more ships to relieve grain supply chain Last week provided some relief for global food supply chains as the first ship loaded with grain left a Ukrainian port…
Vendor onboarding is an essential element of successful supplier relationship management. Explore this topic as well as how RFP management software automates and centralizes the vendor onboarding process. The post Vendor onboarding: Process guide, checklist and tips appeared first on RFP360.
33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. Inventory Holding Cost — The Ultimate Guide of 2022. Inventory holding costs are one of the fees that an organization or business incurs. But how do businesses incur these costs? . In this article, we will discuss what inventory holding cost is.
Redwood City, 11 August, 2022 – Ivalua, a global leader in spend management , today announced that Aegion Corporation, a leading provider of infrastructure maintenance, rehabilitation, and protection solutions, selected its platform to digitally transform procurement. The initial focus is on digitising the Procure-to-Order process with subsequent phases planned for invoicing and sourcing.
“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.
• Beyond flying cars and hoverboards, we’ll see a lot in the future. Machine learning, analytics, big data, cloud, and artificial intelligence are some of the few forces that are revolutionizing and defining the tech landscape. • New technologies impact functional business areas, including operations, sales, marketing, and strategic positioning.
When did your interest in procurement and supply chain begin? It was back in 2004 in Romania – I am Romanian – and at the time I was working as a Marketing Assistant at British American Tobacco. The company was going through a transformation to become the market leader in Europe and I remember being asked by the Managing Director where I saw my career evolving, my answer was very quick, I wanted to join the cool and dynamic purchasing team because I was always fascinated by the negot
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A new survey shows wages for truck drivers rose at a double-digit pace last year, as companies raced to recruit workers in a market marked by tight labor conditions and high freight demand.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is Product (or Master) Data Management? Manufacturing contributed 10.8% to the total US GDP in 2020. Manufacturing businesses are at the heart of eCommerce and retail businesses. If you’re an eCommerce seller or manufacturer, you need to know BOMs (bill of materials). How do you create a bill of materials?
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
With the challenges that supply chains face today, managers realize that visibility is more important than ever, says Jerome Roberts, global vice president of marketing at Blume Global. After all, you can't react to what you can't see.
The industry is woefully behind on scope 3 targets for greenhouse gases. Data poses steep challenges, but experts say retailers still can — and must — do more.
Categories: Market Intelligence , Procurement Strategy & Planning , Professional Services , Risk Performance and Compliance , risk-compliance-management , Supplier Performance , Supplier Risk and Compliance Management Tags: PRO This Spend Matters PRO analysis is the first in our 7-part series on Risk technology solutions and services vendors, focusing on organizations' increasing need to manage and mitigate risk scenarios.
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.
Daimler Truck Holding AG said demand for commercial vehicles will continue to outweigh supply in the second half of the year after the German manufacturer reported better-than-expected quarterly earnings.
Categories: Cost Management , Sponsored Article , Supply Chain , Supply Risk , Trade Financing , World Trade Tags: Sponsored Article Whichever way you look at it, the global economy is in for a rough ride in the months to come. Data from Tradeshift’s Q2 Index of Global Trade Health provides more evidence of a looming recession, with order volumes submitted through our platform dropping sharply for a second successive quarter.
Quite a few companies have embarked on their digital collaboration journey, but many haven't developed it to its full potential, says Ville Parkkinen, director of product marketing at OpenText.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Ways to Boost CNC Machining Productivity! In recent years, the rise of CNC machine shops has disrupted traditional manufacturing. CNC (computer numerical control) shop s are small businesses that use advanced equipment to fabricate parts from metals and plastics. What makes them unique is their ability to create custom parts quickly and efficiently.
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.
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.
Written by: Procurify. Startups are rapidly laying off people , and as the 2022 recession seems inevitable, more businesses will follow suit. Ideally, cutting costs by laying off staff should be a last resort, but it is a common solution businesses use when they aren’t adequately prepared for a recession. Experts predict that in 2022, the recession will be different than those we’ve seen before.
Managing strategic suppliers effectively is essential for procurement and supply chain teams to improve processes and drive competitive advantage for their organization. The key lies in the ability to extract the best from key partners. Strategic vendors and suppliers are critical to provide products or services that meet your company’s major demand requirements and therefore play a vital role in your supply chain.
“If your data feeds back into your upstream processes, that helps you make better decisions and eventually helps the overall. The post [Pod] Designing an End-to-End Ecosystem Approach to Procurement Part 4: Procure to Pay appeared first on Art of Procurement.
Procurement is in the middle of a tech tsunami. And if it feels like the old playbooks aren’t working anymore, that’s because they aren’t. Agentic AI. Autonomous procurement. Unified source-to-pay ecosystems. These innovations are converging and transforming how procurement teams operate. The GEP 2025 Procurement & Supply Chain Tech Trends Report breaks it all down.
An Interview on Modern Procurement with Nick Ralphs. For this episode of Supplier Experience Live by HICX, we were joined by Nick Ralphs. Based in Glasgow, UK, Nick is a Director of NJR Procurement , an organization focused on ‘Increasing Value and Managing Risk in Purchasing and Supply Chains.’ Nick is also an active consultant and specializes in training procurement teams through the DevelopMyTeam platform. .
The last years have seen a fundamental and permanent shift in supply chain relationships and leading organizations recognize that their future growth relies on the strength of their supplier base. Supplier Experience Management (SXM) is the practice of creating the conditions in which a buying organization and all of its suppliers can achieve mutual success together.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How Eco-Friendly Packaging is Impacting Sustainability! Product packaging significantly contributes to the modern world’s waste problem. They’re commonly made of plastic, which pollutes bodies of water and harms the planet’s biodiversity. Many businesses are now switching to eco-friendly packaging and shipping mailers to solve this problem.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Categories. Best Practice Guides. Bid Management. Business. Case Study. Circular Economy. Community Story. Contract for Change. 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. Procurement Best Practice.
The True Impact of Procurement. By Hugo Britt | August 11, 2022. It’s no secret that the U.S. workforce, as a whole, is re-evaluating its priorities after the experience of the pandemic. First there was the work-life balance revolution made possible by remote collaboration technology, followed by the Great Resignation , an ongoing talent shortage with no end in sight, and – more recently – the “ Quiet Quitting ” movement.
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