Thu.Jan 12, 2023

article thumbnail

Greek Negotiations — Everything You Should Know

Procurement Tactics

Procurement success in 2023 with our Strategy Course. Download Course Details →. . Or receive our famous weekly newsletter. Greek Negotiations — Everything You Should Know. Greek negotiations are what we can call an etiquette of Greek or Hellene people when negotiating. Of course, just like any other country, they have their ways of negotiating in business.

article thumbnail

Applying Category Management to the Challenges of a New Age

Art of Procurement

In this week’s episode of the Art of Procurement podcast, Philip Ideson welcomed the first guest of 2023: Stephane Morel, The post Applying Category Management to the Challenges of a New Age appeared first on Art of Procurement.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Negotiation Power — The Ultimate Guide of 2023

Procurement Tactics

Procurement success in 2023 with our Strategy Course. Download Course Details →. . Or receive our famous weekly newsletter. Negotiation Power — The Ultimate Guide of 2023. Negotiation power is the predictor of the outcome of the negotiation. However, where does power in negotiation come from? For this article, we will discuss what negotiation is. We will tell you the main source of power in negotiation and tips to become an effective negotiator in your profession and everyday life. .

article thumbnail

Three Keys to a Just-In-telligent Supply Chain

Supply Chain Brain

Manufacturers, distributors and retailers need to pivot to a smart just-in-telligent methodology, blending just-in-time and just-in-case with the science of artificial intelligence (AI) and automation.

article thumbnail

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.

article thumbnail

Negotiating in Business — Everything You Should Know

Procurement Tactics

Procurement success in 2023 with our Strategy Course. Download Course Details →. . Or receive our famous weekly newsletter. Negotiating in Business — Everything You Should Know. Negotiating in business involves give and take. Each party tries to persuade the other one to agree with their point of view. It may seem frightening but it is important to grow your business. .

article thumbnail

The Supply Chain Is Broken: How Buyers and Suppliers Can Fix It

Supply Chain Brain

Buyers and suppliers need to abandon their old ways of operating, and build more collaborative relationships that are rooted in trust. .

Buyers 119

More Trending

article thumbnail

12 Contract Management Challenges (And How To Solve Them)

ContractSafe

Do you love motivational quotes and posters featuring adorable kittens “hanging in there”? Then you might appreciate this little gem: You can’t spell “challenge” without “change.”.

article thumbnail

Logrolling Negotiation — Everything You Should Know

Procurement Tactics

Procurement success in 2023 with our Strategy Course. Download Course Details →. . Or receive our famous weekly newsletter. Logrolling Negotiation — Everything You Should Know. Logrolling negotiation is useful when making tradeoffs on the different perspectives of parties at the negotiation table. However, what is it? For this article, we will talk about what logrolling negotiation is.

article thumbnail

Walmart to offer fulfillment tech, delivery services through Salesforce

Supply Chain Dive

The partnership is positioned to drive more volume to Walmart GoLocal as it pursues growth in the competitive same-day delivery sector.

100
100
article thumbnail

Podcast | Are Global Manufacturers Saying Goodbye to China?

Supply Chain Brain

When it comes to manufacturing product for the world, China is now longer a low-cost country. So which countries stand to benefit from China’s loss?

98
article thumbnail

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?

article thumbnail

As Mango bets on supply chain transparency, ‘others will follow’

Supply Chain Dive

The fashion brand recently published a full list of its tier 3 suppliers, with the aim of using visibility to push its sustainability goals.

article thumbnail

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

Spend Matters

Categories: Uncategorized For several years now, Spend Matters has been collecting and publishing a series of articles about predictions and insights in procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year is no different as we’ve framed the subject around “insights,” highlighting providers' observations from the year they’ve left behind and how they see these observations shaping the year ahead.

article thumbnail

Amazon expands ‘Buy with Prime’ to all US merchants

Supply Chain Dive

The e-commerce giant is offering sellers outside its own marketplace perks including storage, packing, delivery and returns.

98
article thumbnail

Transnet Gives Up on Chinese Rail Deal, Plans New Tender

Supply Chain Brain

South Africa’s freight rail operator doesn’t have enough railway wagons and is often hit by sabotage and theft.

97
article thumbnail

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

article thumbnail

Amex to acquire Nipendo: M&A Quick Take and Nipendo background

Spend Matters

Categories: Accounts Payable , Analysis , Analytics , Breaking News , Finance , Industry News , M&A , Market Intelligence , Solution Providers Tags: PRO Today, Amex announced its agreement to acquire Nipendo, an AP automation solution. Over the last few years, Amex has been moving toward building a B2B platform for payments, receivables and P2P procurement.

article thumbnail

U.S. Prices Drop for First Time Since May 2020 as Inflation Rate Falls to 6.5%

Supply Chain Brain

The news is unlikely to deter to the Federal Reserve from continuing raising rates as it fights inflation.

Price 94
article thumbnail

Paint maker cuts production amid falling orders

Supply Chain Dive

RPM is working to lower inventories as it contends with weakened demand, particularly in the construction sector.

article thumbnail

Hiring remains challenging for most manufacturers

Strategic Sourceror

When history is written, the current recession may go down as one of the more unusual ones for the United States' economy. Unlike the Great Recession in the late 2000s, when hiring fell virtually across the board and the unemployment rate grew in response, many industries are still feverishly seeking job applicants, which has kept the national jobless rate quite low.

article thumbnail

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.

article thumbnail

Consumers expect consistent shopping experiences across all channels

SCMR (Supply Chain Management Review)

Report from CI&T says consumers are equally shopping online and offline and expect both experiences to be equally convenient, efficient and aligned.

60
article thumbnail

Supplier Tiers: What’s The Difference Between Tier 1, Tier 2, and Tier 3

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 "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend.

article thumbnail

3 Ways we can mitigate against food shortages due to 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.

Bidding 52
article thumbnail

Know Why Hiring Procurement Freelancers Can Benefit Your Business

Procurement Freelancers

Any organisation’s business processes must include procurement. In contrast to the traditional procurement procedure, the… The post Know Why Hiring Procurement Freelancers Can Benefit Your Business first appeared on Procurement Blog | Procurement & Supply Chain News.

article thumbnail

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.

article thumbnail

Railway Talks With China Terminated as Uganda Turns to Turkey

Supply Chain Brain

Uganda’s decision to cancel the contract with China Harbour Engineering Company may help it consider an alternative route through its southern neighbor Tanzania.

article thumbnail

Insights from SAP Spend Connect: Can SAP evolve beyond S2P apps and networks to business platforms and ecosystems?

Spend Matters

Categories: Conferences , SAP Tags: PRO Earlier this year, I traveled with a small Spend Matters team to Dallas to attend the SAP Spend Connect conference, the SAP version of the venerable Ariba Live event that met annually for the two decades prior to the pandemic. Like other post-pandemic in-person events, it was a welcome forum for human reconnection of the SAP ISBN (Intelligent Spend Business and Business Network) ecosystem and also the various solution groups (SAP Ariba, SAP Fieldglass, SAP

article thumbnail

U.K.’s Royal Mail Hit By Russia-Linked Ransomware Attack

Supply Chain Brain

The situation is highly significant, as Royal Mail is deemed critical to the U.K. economy.

59
article thumbnail

Don’t Blame the Messenger (or The Category Manager!)

Procurement Insights

I haven’t had the opportunity to listen to Kelly Barner’s podcast yet, but the first, middle and last thoughts come down to three words (ignore the “and”) – Data and Actionable Knowledge. I read several interesting articles recently on the JAGGAER blog regarding category management and technology and the analytical skills required by category managers to extract actionable knowledge.

article thumbnail

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.

article thumbnail

11 Procurement Risks You Need To Know

ContractSafe

Remember the Suez Canal fiasco?

Risk 52
article thumbnail

Streamlining Public Procurement: 6 Strategies for Efficiency and Compliance

ivalua

As public procurement teams face increasing pressure to improve efficiency while upholding compliance and transparency, it’s essential that they have the right strategies in place. After all, how can you streamline procurement processes without sacrificing your standards? In this blog post, we’ll discuss six key strategies to help public procurement teams optimize their workflows while maintaining regulatory compliance. .

Strategy 130
article thumbnail

Forked-tail Effect — Regaining Trust in Negotiation

Procurement Tactics

Procurement success in 2023 with our Strategy Course. Download Course Details →. . Or receive our famous weekly newsletter. Forked-tail Effect — Regaining Trust in Negotiation. We are sure that at some time in your life, you had experienced the forked-tail effect be it on you or other people. However, what is it? . For this article, we will discuss what the forked-tail effect is.