Fri.Sep 02, 2022

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Cost Savings vs Cost Avoidance — 3 Crucial Differences

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. Cost Avoidance vs Cost Savings — 3 Crucial Differences. Saving money is a good way to help the organization achieve its goal. With the additional savings, the organization can use it to purchase or invest in things that will make it develop more.

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[Pod] Procurement 6 – September 02, 2022

Art of Procurement

Procurement 6 is a new short podcast from Art of Procurement that will be published in the Art of Procurement. The post [Pod] Procurement 6 – September 02, 2022 appeared first on Art of Procurement.

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How AI Technology Can Improve Inventory Management

Supply Chain Brain

There’s a pressing need to make inventory management more flexible, resilient and stable. Many companies are turning to artificial intelligence as a solution.

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Automakers race to build EV battery supply chains in North America

Supply Chain Dive

Auto companies are pouring billions of dollars into new facilities and supplier agreements as they strain to secure needed raw materials.

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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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East Coast, Texas Ports Gain as Retailers Skirt Pacific Gridlock

Supply Chain Brain

Supply-chain obstacles are forcing U.S. retailers to rewire their shipping routes. The early winners are East and Gulf Coast ports, which are taking business from rivals out West at the fastest pace in at least two decades.

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How to Use Bitcoin in a Company!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Essential Uses of Bitcoin! Over the past few years, cryptocurrency involvement with businesses has grown as they use bitcoin in a company. For many companies, it has brought enormous fortune, while the other has gone worse with the bill payment. Every business has a different condition in analyzing the accessibility of Bitcoin.

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What TEFL Teachers Should Consider for an English Teaching Job!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 8 Ways Language Learning Improves Employee Performance! Before checking out an international school, before thinking about teaching English students, TEFL teachers should consider four things. TEFL is Teaching English as a Foreign Language. When searching for an overseas teaching job, English teachers have many things to prepare and think about beforehand.

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Walmart, Ranchers Team Up on Beef-Processing Plant to Ensure Supply

Supply Chain Brain

Walmart is taking a stake in a planned Nebraska beef processing plant to help stock its meat sections, one step in a plan to develop a network of facilities to supply its stores.

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How the Digital Era has Changed Sports Betting!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Online Casino Industry Game Changers! Blockchain, virtual reality betting, betting without jurisdiction, and enormous screen walls. Betting platforms are now able to enter a new realm in sports betting thanks to digital technologies. With the goal of averting market share loss, as well as immersing the gambler in a sporting environment that is as close to reality as possible, some sports bookmakers in Maryland are redesigning

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Foodservice supplier saves 25% on data loggers while increasing visibility

Supply Chain Brain

Challenge: Client distribution of perishable products across approximately 150 retail stores in 35 states was creating challenges for receiving teams, who struggled to find and download data loggers when unloading trucks. Compliance failures resulted. For recovered devices, a time-consuming download process followed which also required outdated software.

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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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Best Practices to Dominate Local Search Results!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Factors to Consider Before Redesigning Your Website! The internet can help open up your reach to billions of people around the globe. But if you are a startup running a brick and mortar business, a global reach may not be your most immediate goal, or at least not for now. What could get your business a constant flow of customers is local seach domination.

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Chewy opens third automated fulfillment center as shipping capacity grows

Supply Chain Dive

The pet supply retailer expects to ship a third of its outbound volume from automated facilities by this time next year.

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How Do I Know if I Need a Career Coach?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is Mentoring? There are a few key indicators that will help you determine whether or not you could benefit from working with a career coach. If you find yourself feeling stuck in your current role, or if you’re constantly worried about job security, it may be time to seek out professional help.

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EU Seeks Power to Force Order Fulfillment During Supply Chain Emergencies

Supply Chain Brain

The European Commission wants the power to force companies to fill orders within the European Union first during times of crisis, or risk fines.

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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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Sure Fire Methods to Use Bitcoin for Profit!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Enhance Your Bitcoin Mining Expedition Profit! Bitcoin is a polarized topic in the hot market that has social media debates and outside events as people use Bitcoin for profit. Digital money supports various other future currencies and is an excellent initiative for the people to use their ideas.

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Bed Bath & Beyond’s supply chain a critical component of turnaround plan

Supply Chain Dive

Interim CEO Sue Gove said the ailing retailer wants to increase its speed in getting product to stores and customers.

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How Manufacturers Can Meet the Challenge of the Semiconductor Chip Shortage

Supply Chain Brain

Industry and the U.S. government alike are responding to the gap between semiconductor supply and demand.

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As a procurement professional, would you rather work for a large or small company, or go independent as a contractor?  

Procurement Insights

This Procurement in 5-Minutes podcast from Iain Campbell McKenna made me think – with remote work and the emerging “gig” economy what is the best career path for procurement professionals? CLICK TO LISTEN (5-MINUTES). 30.

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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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How role-based training will benefit your organization

Skill Dynamics

Role-based training plays a crucial role in streamlining business operations. It’s a practical approach that means training is delivered in the context of a specific role and gives the learner all the resources and skills required to perform their particular role. Traditional training methods often require extensive research to determine the right material and its applicability for employees.

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The path to CFO: CFO skills and qualifications

Spendesk

The title “Chief Financial Officer” could mean different things to different people. Sometimes, the CFO is the sole member of the finance department in a company, handling all bookkeeping and reporting duties themselves. Other times, the CFO is the head of a team of dozens of people and oversees all the financial activities but does not handle day-to-day accounting.

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How to make the most of your training budget

Skill Dynamics

It’s vital to make strategic investments in employee development to empower teams and ensure the continued success of a company. But if employers don’t consider the specific needs of the company and employees of all experience levels and positions, then training funds may be going to waste. It’s crucial to establish a training budget for your organization to ensure you allocate appropriate funds for employee development through the year.

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The New ‘Normal’ Workspace in Accounts Payable and P2P

CPO Rising

Now in year three, COVID-19 continues to persist, and its outlook for the remainder of 2022 remains unclear. However, it is clear that much of the pre-pandemic world has faded away and that the “new normal” described in last year’s report is beginning to take shape. One area that appears forever changed is the workplace. […].

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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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Bitcoin Past, Present and Future!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Will Bitcoin Stop Growing in the Near Future? Bitcoin is the most popular cryptocurrency in the world. In the early days, many people believed it was just a fad, but it quickly proved otherwise. Now, millions of people around the world invest in Bitcoin and other cryptocurrencies.

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Business Fraud: How To Identify and Prevent 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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Possible Bitcoin Investment Issues!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Pros and Cons of Bitcoin Investments ! Digital investors are pretty capable of understanding the volatility and anonymous crash in the currency, and potential Bitcoin investment issues. Price is the most critical segment of the digital currency, and people usually believe in the sentiments or a rumor about fundamental development.

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Skytrak Launch Monitor Revolution in Golf Performance Tracking!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Impact of Technology on the Gaming Industry! The Skytrak launch monitor is a golf-specific device that helps golfers understand their performance on the course. It is lightweight and easy to use, and it gives accurate readings of players’ shots. The Skytrak can be paired along iPads and projector for better view of the stats.

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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.