Thu.Jul 07, 2022

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Supply Chain Weekly Wrap-Up 07/01/2022-07/07/2022

All Things Supply Chain

Tesla vehicle deliveries plummet after disruption in China Due to the lockdowns in China which caused one of Tesla’s key factories to shut down, the company’s delivery figures have declined…

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How to write an RFP invitation email to vendors

RPF360

You probably write emails all day without giving them a second thought. However, when it comes to sending an RFP invitation email to vendors, it can be intimidating. After all, you need vendors to read your email, check out the request for proposal and then submit a proposal. Ideally, you’ll receive more than three [.]. The post How to write an RFP invitation email to vendors appeared first on RFP360.

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Engineering vacancies continue to grow

Procurement Heads

Commenting on the news, Dan Goodson, Head of Practice – Industrial, said, “In terms of procurement and supply chain recruitment, the industrial space has been incredibly busy – notably since the widespread return to office-based work. “With engineering playing a key role in the economy, it’s no surprise that APSCO’s data is showing a raise in vacancies – but it is really positive to see that there has also been a rise in applications within this space.

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What Is Lean Procurement or Lean Purchasing?

ProcurePort

• Lean procurement or lean purchase is seen as a principle in the procurement of achieving more with less. Lean procurement seeks to acquire the least number of inputs to achieve the desired outcomes or results. • In lean procurement, procurement teams may reduce inventories, look for ways to cut supply costs, or reduce the […]. The post What Is Lean Procurement or Lean Purchasing?

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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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Touchstone – Specialist in Delivering S2P Value

ivalua

The post Touchstone – Specialist in Delivering S2P Value appeared first on Ivalua.

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Five Ways to Manage Shipping Costs as Fuel Surcharges Soar

Supply Chain Brain

Navigating accessorial charges — the additional fees that carriers charge on top of base delivery costs — is among the most challenging aspects of managing shipping costs for online merchants.

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More Manufacturers Are Embracing Virtual Reality. Here's Why.

Supply Chain Brain

An increasing number of manufacturers are implementing systems driven by augmented and virtual reality in a bid to boost efficiency, lower costs and minimize human touch points. .

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6 popular procurement methods & tips to choose suppliers

Spendesk

For anyone responsible for procurement in a company, choosing the best procurement method and finding the right supplier is a huge responsibility.

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How Factory Data, AI Prevent Production Delays

Supply Chain Brain

Machine downtime is an issue that constantly plagues operations, leading to frustrated workers and a negative impact on the business’s bottom line.

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Value Match are awarded the Social Value Management Certificate Level 1

Value Match

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.

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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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The Digital Answer to Faster Supplier Onboarding

Supply Chain Brain

There are technologies that can help shorten the source-to-contract process for all parties.

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Procurement Executive Q&A: Wei Yeong Tiow

Art of Procurement

As part of Art of Procurement’s media partnership with ProcureCon, we are pleased to bring you this Executive Q&A with. The post Procurement Executive Q&A: Wei Yeong Tiow appeared first on Art of Procurement.

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Managing Supplier Spend During Economic Uncertainty

Supply Chain Brain

Companies that expanded rapidly during the pandemic are now looking to shrink their cost base, but CFOs are overlooking supplier spend optimization as a solution.

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Procurement in 5-Minutes: What is talent in the digital age?

Procurement Insights

Welcome to Procurement In 5-Minutes, and no, don’t adjust your volume or click a button to find out what is going on – this is not your usual host Iain Campbell-McKenna. In this unique 3-Question Special, Ian moves out from behind the host mic to become the interviewee to answer 3 questions regarding: “What is talent in the digital age?” Here are the 3-Questions we will be asking Iain regarding what procurement talent looks like in the digital age: Why does the rate of e-procur

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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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Debt Service Coverage Ratio: What Is It, Formula, and How To Manage It

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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Burning The Evidence: A Public Sector Procurement Exposé by Colin Cram

Procurement Insights

With over 20 years Board level experience, Colin Cram, runs successful international consultancy, conference, training and journalism businesses. Specialisms include procurement, outsourcing, shared services, organisational re-engineering, cost reduction and combating fraud. Customers include government organisations and major multi-nationals. Visit Colin’s LinkedIn Profile.

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The Best Order Picking Methods for Your Warehouse

Finale Inventory

Order picking has a critical role to play in your warehouse operations. It impacts your efficiency, accuracy and customer satisfaction, and you can accelerate your business by finding the right method. With order picking being so crucial to your success, you may wonder which approach will work best for your warehouse. Let’s talk more about some popular warehouse order picking methods and how they can benefit your business.

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Returns Management SaaS Saves Retail Giant $4 Million Monthly

Supply Chain Brain

Challenge: A top-10 big-box retailer needed to consolidate returns processing and improve returns management, vendor returns consolidation and liquidation yield. They were sorting returns at more than 450 store locations, and sending single packages in small shipments to vendors receiving returns. The company wanted returns data visibility to aid forward-focused planning and warehouse management.

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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.