Tue.Oct 25, 2022

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Outsourcing Statistics 2022 — 18 Key Figures

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. Outsourcing Statistics 2022 — 18 Key Figures. Outsourcing statistics show us how outsourcing in today’s world is doing in every business. However, what are these figures? In this article, we will talk about the situation of outsourcing in 2022.

Suppliers 182
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Procurement Teams Forced to Cut Corners as External Challenges Bite and Investments in New Technology Don’t Keep Pace

ivalua

Nearly a third (32%) of procurement teams concede to cutting corn ers with their sourcing criteria for suppliers to secure supply. 81% of procurement teams feel pressured by executive teams to respond more quickly and effectively to challenges such as inflation, disruptions, and shortages. 49% believe that global supply chains won’t fully recover to pre-Covid operational norms until 2024 or beyond.

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Railroads reject union’s sick leave demands, fueling strike concerns

Supply Chain Dive

Shippers are warily eyeing the negotiations process in the case of an economically damaging rail shutdown.

Demand 111
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How to Improve Procurement Efficiency

Una

How to Improve Procurement Efficiency. By Hugo Britt | October 26, 2022. Procurement was once known for imposing clunky purchasing processes. In recent years, however, many teams have managed to successfully shake off this long-outdated reputation. Procurement professionals are now celebrated for their innovation, creativity, agility, and cost-saving initiatives.

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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.

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Four Areas Where Supply Chain Management Is Easier Than Ever

Supply Chain Brain

The difference between crumbling under the weight of complex supply chains and reacting to sudden change is a matter of having the right tools.

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UPS expects holiday package surge to peak later this year

Supply Chain Dive

The logistics giant also has more capacity freed up as top customer Amazon delivers more of its own orders, according to CEO Carol Tomé

Logistics 103

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Whirlpool slashes production by 35% as demand falls

Supply Chain Dive

Manufacturing levels have dropped to levels not seen since COVID-19 shut down facilities in 2020.

Demand 103
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Simfoni makes the leap from a ‘A Provider to Watch’ to ‘A Provider to Know’

Spend Matters

Categories: E-Sourcing , Procurement Strategy & Planning , Sourcing , Spend Analysis , Spend Management , Tail Spend , Technology Tags: 50 Providers to Know , EU Spend Matters is delighted to announce the 2022 edition of the “50 Procurement Providers to Know” and “50 Procurement Providers to Watch” lists, released at the SIG Global Executive Summit on October 17.

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Major brands call for access to 800K metric tons of chemically recycled plastic by 2030

Supply Chain Dive

Members of the Consumer Goods Forum, such as PepsiCo and Unilever, say better chemical recycling infrastructure will help them meet ambitious packaging goals.

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DHL eCommerce Solutions to Hire 2,000-Plus Seasonal Workers Across the U.S.

Supply Chain Brain

Additional workforce to handle peak season volume in the company’s distribution centers.

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

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Apple calls on suppliers to decarbonize operations by 2030

Supply Chain Dive

Major suppliers, including chip vendor TSMC, have pledged to power 100% of production for the tech giant with renewables.

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Spend Matters analysts attend SAP Spend Connect Live

Spend Matters

Categories: Conferences , Industry News , SAP Tags: Conferences and Events Three Spend Matters analysts are currently at SAP Spend Connect Live, taking place in Dallas, Texas. VP of Research, Nick Heinzmann, Managing Director, strategic research and development Pierre Mitchell, and Senior Analyst P2P and advisor Xavier Olivera are there to take part in the event where SAP is announcing innovations, milestones and areas of focus in spend management.

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Amazon Workers Strike Amid Allegations of Crackdown on Unionization Activities

Supply Chain Brain

Workers across the U.S. allege that the giant company is conducting a harsh crackdown on unionization activities, and they have responded with protests and strikes.

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Think Global Logistics! (Podcast)

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chain’s Moment of Truth Has Arrived! We are at an interesting inflection point in the history of Supply Chain and Logistics. It is no longer sufficient to think locally. We must think global logistics! I recently had the opportunity to talk with La Chang, CEO at Think Global Logistics (TGL).

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How Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform

Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.

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How to Market Procurement’s Value Beyond Cost Savings

Una

How to Market Procurement's Value Beyond Cost Savings. By Hugo Britt | October 25, 2022. Surprise and delight is a marketing strategy used by savvy brands as a highly effective means of customer retention. Done correctly, it can drive increased brand engagement, encourage positive word of mouth, and lead to repeat purchases. But why should procurement surprise and delight its stakeholders?

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How to Strengthen Supply Chain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. For a Successful Business Improve Supply Chain! The need to strengthen supply chain cannot be overstated; it’s vital for efficiency, profitability, and reputability against competitors. However, the chain must be streamlined to avoid wasting time and money. This means making sure every aspect of the process is working as it should, including logistics and operations, suppliers, and the internal team.

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Watch: Achieving Sustainability in the Last Mile

Supply Chain Brain

Dan Nevin, general manager with Inmar Post-Purchase Solutions, discusses how retail delivery services are coping with the impact of growing e-commerce volumes on greenhouse gas emissions.

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Relationships: The Priceless Asset Money Can’t Buy with CPO & Director of Facilities at NATS, Tim Bullock – Episode 66

Procurement Talk with David Byrne

Listen in Apple Podcasts Listen in Spotify Listen in Google Podcasts Listen on Amazon Episode show notes “We had to stay absolutely core to our principles around collaboration, relationships and partnerships. In the supply chain arena, the strength of those came to the forefront.” It’s hard to deny that … Continued. The post Relationships: The Priceless Asset Money Can’t Buy with CPO & Director of Facilities at NATS, Tim Bullock – Episode 66 appeared first on Talent

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A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026

Speaker: Jason Cottrell and Gireesh Sahukar

Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.

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Building Trust and Security With Third-Party Risk Assessment

Supply Chain Brain

The growing need for third parties to access organizational data also increases the possibility of a security breach. .

Risk 52
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7 Tips For Managing Project Budgets Successfully

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.

Budget 52
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Upstart European Lithium is Valued at $970 Million in Deal for U.S. Listing

Supply Chain Brain

Upstart mining company European Lithium could become one of Europe’s only sources of a key metal for electric-vehicle batteries.

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To what degree should Rotax and their Canadian Parent Bombardier Recreational Products be held responsible for the “unauthorized” use of their engines in Iranian-made Russian military drones?

Procurement Insights

“An engine designed by the Austrian company Rotax was discovered installed in one of Russia’s Iranian-made Mohajer-6 drones that went down over the Black Sea earlier this month. Rotax says it has launched an investigation into its engines powering Iranian drones.” – Rotax Engine Found In Iranian Mohajer-6 Drone Downed Over Ukraine by Emma Helfrich, The Drive (October 24th, 2022).

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Procurement Is Navigating a Tech Tsunami (and It’s Upending How You Work)

Procurement is in the middle of a tech tsunami. And if it feels like the old playbooks aren’t working anymore, that’s because they aren’t. Agentic AI. Autonomous procurement. Unified source-to-pay ecosystems. These innovations are converging and transforming how procurement teams operate. The GEP 2025 Procurement & Supply Chain Tech Trends Report breaks it all down.

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Watch: Solving Last-Mile Inefficiencies

Supply Chain Brain

Visibility and reliable technology implementation solve inefficiencies in on-demand and same-day delivery, says Salman Habib, co-founder and chief executive officer of Burq.

Demand 52
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Scholz Rebuffs Cabinet to Allow China Bridgehead at Hamburg Port

Supply Chain Brain

The chancellor agreed to settle for a smaller deal that would give the Chinese state-owned company less sway after six members of his cabinet voiced their opposition.

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Renault Slips as Supply Chain Worries Offset Revenue Gains

Supply Chain Brain

Third-quarter revenue gains failed to offset wider investor worries about the impact of higher inflation and continued supply chain disruptions on the carmaker.