Thu.Oct 06, 2022

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Cost savings vs cost avoidance: What’s the difference?

RPF360

Cost savings and cost avoidance are important strategies for procurement teams. Explore how you can differentiate between cost savings vs cost avoidance and see how you can reduce spend using both along with examples. The post Cost savings vs cost avoidance: What’s the difference? appeared first on RFP360.

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RFP in Project Management — Everything You Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. RFP in Project Management — Everything You Should Know. RFP in project management is an important part of the procurement process as it gives you relief once you finally submitted the finished proposal. However, how do you manage your RFPs in your company?

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Up Your Warehouse Productivity with These New Communication Trends

All Things Supply Chain

Every warehouse manager understands how important communication is to the daily activities of the institution.

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What is the Role of Suppliers in Supply Chain Management?

ProcurePort

• Efficient and well-ordered suppliers are worth their weight in gold. In an increasingly competitive world, establishing favorable relationships with such high-caliber suppliers is imperative for good business. • But who or what are suppliers? And why are they so important? • In this post, we are going to answer two major questions: What are […].

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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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Mississippi River Drought Imperils Trade on Vital U.S. Waterway

Supply Chain Brain

Drought has depleted river water levels so much that in some spots barges are getting stuck, and low water levels are causing severe impacts to navigation not seen since 1988.

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Better Waste Management for the Environment!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Optimizing Waste Management in the Warehouse! It’s a fact that recycling and better waste management are important to the environment. But they’re also important to supply chains. Recycling keeps materials out of landfills, which reduces their size and helps them decompose more quickly.

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Casino Secrets: How Not to Go Broke!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Music at Casinos Attracts Gamblers! In gambling establishments, ordinary inhabitants are attracted by a mysterious atmosphere, elegant people, and the spirit of luxury offered by casino secrets. Here you can smoke, drink, chat and enjoy delicious food. And also bring home a million stories about how someone guessed the number on the roulette wheel seven times in a row, and someone made a hundred, betting just one dollar.

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The Visible Supply Chain: Adapting to a New Standard of Accountability

Supply Chain Brain

While ESG efforts have long aimed to increase transparency, many leaders are realizing that we’re moving past bare-minimum standards into an era of full visibility.

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How Many Types of Computer Monitors Do You Know?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Screen Time! Is That Enough To Be Good In Supply Chain? There is no one-size-fits-all display. In fact, there are many different types of computer monitors and each one has its own set of strengths and weaknesses. From the old CRT (Cathode Ray Tube), Plasma, OLED (Organic light-emitting diode) and to LCDs (Liquid Crystal Display) and LEDs (Light-emitting diodes).

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U.S.’s Top Ports Face Calls to Go Green After “Unmitigated Growth”

Supply Chain Brain

The San Pedro port complex is facing calls to lower its carbon footprint from Southern California communities plagued by the health and environmental impacts, said Long Beach Mayor Robert Garcia.

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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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Why Manufacturing is the Future!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Industry 4.0 and How Data is Changing Manufacturing! As the world becomes more advanced, and technology becomes a part of day-to-day life, one thing has always stayed the same: manufacturing. Manufacturing is the past and present. Manufacturing is the future! While today, there are many changes in this industry, it remains an important part of our society and economy.

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Walmart acquires automated grocery firm to bolster fulfillment

Supply Chain Dive

The retailer is hoping to leverage Alert Innovation's inventory-handling technology for speedy pickup and delivery.

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The Single Point of Failure in Supply Chain – Semiconductor Fabrication!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Single Point of Failure in Supply Chain – Baby Formula! I am a proponent of dual sourcing. Some people believe in outsourcing or insourcing, offshoring or onshoring. I believe in all of the above. The vulnerabilities with sole sourcing are very real. And you need look no further than the pandemic and semiconductor fabrication.

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Client Retools Inventory Strategy and Reaps Profits Across Categories

Supply Chain Brain

Challenge: 105-location hardware store retailer identified $5 million in excess inventory and $2 million in missed sales.

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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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Florida orange crop faces ‘significant damage’ from Hurricane Ian

Supply Chain Dive

The storm ripped fruit from trees and flooded groves, threatening to worsen what was already expected to be a record-low harvest.

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Ways to Make Your Supply Chain More Sustainable!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Start Your Business’ Sustainability Journey in 5 Steps! Many companies are looking for ways to add more sustainability in all aspects of their supply chain. It is time to get rid of some of the processes that are now outdated and change them out for innovative techniques that will be good for the environment.

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Port of New York and New Jersey implements revised container dwell fee

Supply Chain Dive

The new fee structure pushes ocean carriers to balance inbound and outbound volumes as the port works to reduce empty containers.

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Good software buying, bad software buying and the implications to your bottom line

Spend Matters

Categories: Best Practice , Cost Management , Purchasing and Sourcing , Spend Analysis , Sponsored Article Tags: Sponsored Article Procurement’s biggest headache isn’t inflation, or supply bottlenecks, or even talent shortages. It’s a mega-category touched by every business function that’s growing exponentially every year, with poor oversight and little-to-no pricing transparency.

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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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Watch: Home Delivery Can't Succeed Without Automation

Supply Chain Brain

Regardless of the size of last-mile delivery companies, technology is enabling their operations today, says Dinesh Dixit, vice president of account excellence at LogiNext Solutions.

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[Update] Software release changes and fixes

Procurement Express

We released version 2.2.20 of our web application on the 6th of October 2022, which contained mainly fixes to recent issues faced by our customers. In fact, we have decided to focus on fixing those pesky bugs for the next few months and keep the addition of new features to a minimum. We’re looking forward to seeing the results of these improvements and we’ll keep you updated on the progress.

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Amazon Plans to Hire 150,000 Workers for Holiday Season

Supply Chain Brain

The announcement suggests that Amazon expects steady demand for its logistics services even with shoppers back in stores and trimming their budgets amid the highest inflation in decades.

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Is your supply chain misleading you on their environmental claims?

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.

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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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Emerging trends: remote work, shorter weeks, and a flexible finance function

Spendesk

Since 2020, new work trends have emerged in the finance function. To track these emerging trends, we partnered with YouGov and asked over 1,000 finance professionals from France, Germany, and the United Kingdom about their views on the future of work in finance. Topics include the current economic environment, flexible working conditions, and all things remote work.

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Learning to Speak the Language of Mergers, Divestitures, and Acquisitions

Art of Procurement

“Procurement professionals tend to want to get into the data and ask a lot of questions. To find yourself in. The post Learning to Speak the Language of Mergers, Divestitures, and Acquisitions appeared first on Art of Procurement.

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Hyperautomation: What Is It and Why It’s Important

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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Five Cs for Optimizing the Post-Purchase Customer Experience

Supply Chain Brain

Retailers have a fantastic opportunity to improve their competitive position using new technological tools for customer engagement. But the challenge of doing so is immense.

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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Thailand to ban plastic scrap imports in 2025

Supply Chain Dive

The move to curb plastic pollution follows similar rules made by other countries in Southeast Asia.

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A Supply-Chain Tech Startup Nets $100 Million

Supply Chain Brain

New York-based startup Altana Technologies now shares a burgeoning field that includes big operators like project44 and FourKites.

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Podcast | What Is a ‘Socially Responsible’ Organization?

Supply Chain Brain

In these times of global crisis, there’s never been a greater need for the socially responsible organization.

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Biden Administration Clamps Down on China’s Access to Chip Technology

Supply Chain Brain

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GEP Spend Category Outlook 2024

Your Roadmap to Smarter Spend Management in 2024 Geopolitical, economic and supply chain challenges will stick around in 2024, but don’t despair. There are strategic opportunities to leverage AI-powered technology and digital toolsets to overcome these hurdles more effectively. GEP experts in nearly two dozen critical categories guide you in the right direction in our annual comprehensive resource — GEP Spend Category Outlook 2024.