Tue.Aug 30, 2022

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E-Procurement — Everything You Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. E-Procurement — Everything You Should Know. E-procurement has been adopted by many organizations as it simplifies the process of procurement. However, even if many people heard about it, many are still left wondering what it is. .

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6 Smart Goals Examples for Procurement

ProcurePort

• Every organization aims to use its purchasing power to maximize value from its procurement undertakings. However, procurement is a complex undertaking with so many variables that affect the outcome. • The business must remain alive to competitor actions, the regulatory environment, market price changes, and even the political environment. Internally, there are issues such […].

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Maersk abandons $1B sale of container business after DOJ investigation

Supply Chain Dive

Regulators were concerned that a sale to China International Marine Containers would have led to higher prices and less supply chain resiliency.

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Report: U.S. Consumers Are Reluctant to Order Mission-Critical Items for Delivery

Supply Chain Brain

A report on current consumer perception and trust for high importance or time critical deliveries, such as medical devices and travel documents indicates there many opportunities to improve.

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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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FDA takes N95 respirators off medical device shortage list

Supply Chain Dive

Respirators were one of the first medical devices identified as being in critical shortage during the COVID-19 public health emergency, the agency said.

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Re-Commerce is Buzzword at Home Delivery World 2022

Supply Chain Brain

Ideas about how to more efficiently “re-commerce” returned goods into the supply chain seemed the most fresh and fruitful up for discussion on the first day of Home Delivery World in Philadelphia, Aug. 31.

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6 Practices to Optimize Your Goods Transportation Process!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The History and State of Vehicle Routing! Transportation optimization involves analyzing goods shipments, transportation rates, and restrictions to create a plan that reduces the overall costs and makes the process more efficient. Since transportation expenses constitute a bigger percentage of the business costs, business owners should concentrate on optimizing the goods transportation process.

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Retailers take expensive measures to clear inventory ahead of peak season

Supply Chain Dive

Faced with sluggish consumer demand, Gap, Kohl’s and Nordstrom are deploying deep discounts and pulling items from the shelves.

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Secrets of Financially Savvy Entrepreneurs!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is a Good Credit Score? Being one of the financially savvy entrepreneurs seems ever more elusive to those of us firmly in the middle class. Debt is hard to climb out of and it sometimes seems like the world is set up against us. But that’s not necessarily true. Sure, having more money makes it easier to get ahead, but many successful entrepreneurs started out just like you.

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Truck Spills 150,000 Tomatoes Causing California Crash

Supply Chain Brain

A truck spilled more than 150,000 tomatoes across Interstate 80 Highway in California Aug. 29, bringing traffic to a standstill.

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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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Williams-Sonoma’s sourcing shift from China hits snags

Supply Chain Dive

Diversifying away from the country has proven difficult given pandemic-driven challenges that have impacted suppliers.

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Why Retailers Should Rethink Using Via Third-Party Storefront and Delivery Platforms

Supply Chain Brain

With e-commerce increasingly dominating consumer preferences, third-party storefronts might no longer be a retailer’s best option.

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ESG leadership: The CPO needs a seat at the top table to operationalize the sustainability strategy

Spend Matters

Categories: CSR , Procurement Strategy & Planning , Professional Services , Sustainability Tags: ESG , ESG series , EU , procurement strategy and planning , sustainability In the second part of this Sustainability thought leadership series with KPMG LLP, we take a deeper dive into sustainability and how it translates for Procurement, with a specific lens on decarbonization and the procurement issues that surround it.

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All Categorypalooza Sessions Now Available on Demand

Art of Procurement

If you joined us for Categorypalooza 2022, you helped make it our must successful event ever. We were joined by. The post All Categorypalooza Sessions Now Available on Demand appeared first on Art of Procurement.

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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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The Rise of Outcome-based Management Approaches

Vested Way

Conscious Collaboration by Ron Mader via Flickr CC. “Outcome-based” has become a buzzword for business leaders. Jennifer Robison, senior editor for Gallup, summarized why in a recent article. . The findings are similar to my work at the University of Tennessee in that managers who focus on outcomes have positive results for the business and its employees.

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How to Take Physical Inventory

Finale Inventory

As the retail industry continues to grow , maintaining a good stock of your products is crucial for success. Having enough supplies on hand keeps both customers and employees happy. And the best way to keep track of your on-hand items is with thorough inventory counts. With the right inventory strategy, you avoid product shortages and ensure inventory accuracy.

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The Growth of Value & Creativity from Procurement’s Next Generation with Williams Racing’s Olivia McNamara and Reckitt’s Julie Katz – Episode 64

Procurement Talk with David Byrne

Listen in Apple Podcasts Listen in Spotify Listen in Google Podcasts Listen on Amazon Episode show notes “I’m not here to cut costs, I’m just here to add value. However you want to dress that word of value, it’s totally up to you.” The next generation of bright procurement … Continued. The post The Growth of Value & Creativity from Procurement’s Next Generation with Williams Racing’s Olivia McNamara and Reckitt’s Julie Katz – Episode 64 appeared fir

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10 Types of Innovation: What Is It, Examples, and How To Use 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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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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FDA Clears Way for Boosters Targeting Latest COVID Variants

Supply Chain Brain

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7 Steps to choosing the right procurement software solution

Fraxion

With advances in technology, managing procurement no longer has to be a burden on your company. The demand for process automation is evident, as 90% of employees feel encumbered by repetitive and tedious tasks that modern procurement software solutions can easily alleviate.

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Organize Your Business for Efficiency and Success!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Ways to Manage Supply Chain Documents! When it comes to business, there are many things to take into account. You want your company to develop, so you’ll focus on improving your market strategy and training your employees so that you can receive maximum success rates. However, you probably didn’t take into account that the way in which you organize your business and your space is just as important.

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The Disruptive Power of Digital Procurement

Una

The Disruptive Power of Digital Procurement. By Hugo Britt | August 30, 2022. “Digital” is one of those vague terms that changes depending on context. For old-school procurement professionals , going digital may simply mean moving away from paper-based processes. Modern sourcing experts are more likely to point to Cloud-based , end-to-end procurement platforms, while those on the leading edge will list all sorts of disruptive technologies ranging from predictive AI to machine-learning enabled ch

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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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Total Cost of Ownership Procurement Model Failure – What’s Missing?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Single Point of Failure in Supply Chain – Semiconductor Fabrication! Many businesses use some form of Total Cost of Ownership model to support their Procurement and sourcing decisions. In fact these models are not just used casually, but they often are designed to inform and make optimal sourcing choices.