Tue.Apr 18, 2023

article thumbnail

Strengthening partnerships with procurement stakeholders

Procurement Foundry

article thumbnail

Supplier Assessment — Embracing Sustainability in Procurement

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supplier Assessment — Embracing Sustainability in Procurement Supplier assessment is needed when selecting the right supplier to achieve sustainability in your procurement process. However, how do you do it? This article will discuss what supplier assessment is in sustainability and how important it is to assess your suppliers.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Big Interview with Simon King

Procurement Heads

Could you tell us a bit about your background? I am currently a partner at Edenseven, a consultancy based on delivering business performance through sustainability, but my background is as a Procurement Director and Global CPO. I first moved into procurement at Coca-Cola and ended up leading the strategic procurement team there, I was then Group Procurement Director for Dairy Crest before moving to become Global CPO for Tata Global Beverages.

article thumbnail

China sourcing tied to largest supply chain risks of 2023: report

Supply Chain Dive

Insolvencies, COVID-19 disruption and ties to forced labor raise the possibility for delays and reputational harm, according to analytics firm Everstream’s annual risk report.

Risk 145
article thumbnail

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.

article thumbnail

Episode 111: Taking Intelligent Risks with Mark Trowbridge

Una

EPISODE 111 Taking Intelligent Risks with Mark Trowbridge By Kelly Barner | April 19, 2023 We’ve all been mired in years of paralyzing risk and disruption… but could risk taking be just what this moment calls for? Yes – as long as the risks are “intelligent risks.” In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Mark Trowbridge.

Risk 133
article thumbnail

The Big Interview with Simon King

Procurement Heads

Could you tell us a bit about your background? I am currently a partner at Edenseven, a consultancy based on delivering business performance through sustainability, but my background is as a Procurement Director and Global CPO. I first moved into procurement at Coca-Cola and ended up leading the strategic procurement team there, I was then Group Procurement Director for Dairy Crest before moving to become Global CPO for Tata Global Beverages.

More Trending

article thumbnail

Global Supply Chains are Operating more Efficiently, Report Finds

Supply Chain Brain

The report also found that global transportation costs have fallen below their long-term average thanks to lessening pressures on shipping, rail, air and road freight.

article thumbnail

Amazon opens big and bulky fulfillment center near Kansas City

Supply Chain Dive

The facility will handle grills, mattresses and other oversized products.

120
120
article thumbnail

ISO 20022: Are your payment systems ready?

IBM Supply Chain Blog

ISO 20022 is a global standard for financial messaging that aims to standardize electronic data interchange between financial institutions. It provides a structured way of exchanging data for financial transactions, including payments, securities and trade services. The International Organization for Standardization (ISO) developed the standard, which is being adopted by countries and financial institutions worldwide.

Data 110
article thumbnail

Labor watchdog backs increased minimum wage for garment workers in Bangladesh

Supply Chain Dive

Activist groups have called out major fashion companies — including Adidas, Gap and Nike — for their role in declining wages.

113
113
article thumbnail

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

article thumbnail

The importance of the human aspect in the ongoing automation of procurement structures

Spend Matters

Categories: Procurement Strategy & Planning , Sponsored Article Tags: sponsored post Procurement is a critical function in any business, responsible for sourcing and managing the goods and services necessary for an organization to operate effectively. As businesses continue to look for ways to improve efficiency and reduce costs, many are turning to automation to streamline procurement processes.

Import 104
article thumbnail

Hershey buys 2 popcorn plants to fuel growth of its SkinnyPop brand

Supply Chain Dive

An executive with the confectionery and snacking giant said that “not having any of our own popcorn manufacturing was an opportunity we wanted to address quickly.

109
109
article thumbnail

Half of Suppliers are Being Paid Late, Survey Finds

Supply Chain Brain

Late payments also add to the financial pressures impacting suppliers, with 42% saying they expect to face increased borrowing costs over the next 12 months.

article thumbnail

Rent the Runway saves through delivery, return consolidation

Supply Chain Dive

The apparel rental company's use of "live swaps" comes as it works to mitigate the impact of carrier price hikes.

Price 102
article thumbnail

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.

article thumbnail

Building Dynamic Teams in Procurement

Una

Building Dynamic Teams in Procurement How effective leaders can use trust, diversity and inclusion to build dynamic teams in procurement and transform the way the function operates. By Mackenzie Oakley | April 18, 2023 Search This article is inspired by a recent episode of The Sourcing Hero podcast featuring Harold Hendrickx, a fractional CPO and the founder of TransExecutive, a company that deploys the Procurement Task Force model to help procurement teams enable, optimize, transform, and rapid

article thumbnail

Balancing Supply and Demand As the Auto Industry Goes Electric

Supply Chain Brain

The near future will be beset with manufacturing challenges from suppliers balancing systems for both EV and internal combustion engine platforms.

Demand 90
article thumbnail

How Procurement Can Risk-Proof an Organization During a Recession

Una

Pain Points in Procurement Series How Procurement Can Risk-Proof an Organization During a Recession Five steps procurement can take to risk-proof an organization against the impacts of a looming economic recession. By Hugo Britt | April 20, 2023 Search Welcome to Una’s Pain Points in Procurement series. Each week, the Una team will explore one of ten common pain points impacting procurement today, and put forth actionable solutions to each of these challenges.

Risk 98
article thumbnail

How IBM sports and entertainment partnerships transform an industry—and win an Emmy

IBM Supply Chain Blog

At this year’s National Association of Broadcasters (NAB) convention, the IBM sports and entertainment team accepted an Emmy® Award for its advancements in curating sports highlights through artificial intelligence (AI) and machine learning (ML). The Technology & Engineering Emmy awards recognize individuals or organizations whose work provides “extensive improvement on existing methods” or whose contributions are “so innovative in nature that they have materiall

article thumbnail

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.

article thumbnail

Thousands of Flights Delayed As Southwest Glitch Grounds Planes

Supply Chain Brain

The glitch follows another during the Christmas holiday season led to 16,700 flight cancellations and disrupted travel plans for two million customers.

59
article thumbnail

How deep industry expertise enables breakthrough technology for today’s complex business needs

IBM Supply Chain Blog

The last decade has seen an unparalleled level of digital transformation, which soared to even greater heights during the last three years. Across industries, the exponential growth of technologies such as hybrid cloud, data and analytics, AI and IoT have reshaped the way businesses operate and heightened customer expectations. Businesses are now entering an even greater digital era marked by broader applications of AI, including generative AI models.

article thumbnail

Danish Crown Embraces the Autonomous Commerce Concept, “Living & Loving the Journey” of Procurement Transformation

Jaggaer

The post Danish Crown Embraces the Autonomous Commerce Concept, “Living & Loving the Journey” of Procurement Transformation appeared first on JAGGAER.

article thumbnail

How do rising interest rates and inflation affect global supply chains?

EazyStock

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. With every crisis comes the potential for supply chain disruption that can cause chaos for stock-holding businesses. Our eGuide, Supply chain and logistics management trends for 2023 , looks at potential issues facing supply chain managers this year and how to respond.

article thumbnail

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.

article thumbnail

IFC and Cambodia to Create Logistics Complex in Sihanoukville Province

Supply Chain Brain

The International Finance Corporation and the Cambodian government will extend an offer to a select qualified private developer that will finance, develop and operate the complex.

article thumbnail

How to succeed with eAuctions: An essential guide

Procurement Software

eAuctions are an essential alternative to traditional negotiation methods. With tangible benefits for buyers, eAuctions could help your organisation survive the economic downturn. In this article we will: Explain eAuctions and their benefits. Bust some common myths and misconceptions about eAuctions Compare eAuctions to traditional negotiation methods Explain how to implement a successful auction strategy in procurement Explore the features of eAuction tools, including our recommendation DeepStr

Bidding 52
article thumbnail

U.S., Colombia and Guatemala Sign Deal to Standardize Supply Chain Security

Supply Chain Brain

The U.S. Customs and Border Protection agency signed a deal with the Customs Administrations of Guatemala and Colombia to establish a standard set of supply chain security requirements.

article thumbnail

Predictive Procurement Orchestration

Arkestro

Resources / Whitepapers / Predictive Procurement Orchestration Predictive Procurement Orchestration Four Ways PPO Can Transform the Procurement Industry A majority of Chief Procurement Officers believe the ability to use data to make better-informed decisions across an organization is the largest game-changing opportunity for procurement – and yet, many procurement teams are hesitant to adopt automation across the source-to-settle process.

article thumbnail

State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

article thumbnail

The End of the New York Waterfront Harbor Commission Appears Nigh

Supply Chain Brain

New Jersey says it is withdrawing because its state police force can take over its crime-fighting duties.

52
article thumbnail

Andrew Manship appointed as Vanderlande’s next CEO

SCMR (Supply Chain Management Review)

He will move into the position on January 1, 2024.

52
article thumbnail

Effective Supply Chain Management for SMBs

Supply Chain Brain

Small and medium-sized businesses encounter significantly different challenges in managing their supply chains than larger organizations.

article thumbnail

Using Sabermetrics to Track Procurement’s Relationship ROI

Art of Procurement

Data and analytics play an important (and growing) role in procurement’s ability to drive profitability, create value, and manage risk. The post Using Sabermetrics to Track Procurement’s Relationship ROI appeared first on Art of Procurement.

Risk 52
article thumbnail

The AI Race Isn’t Just About Tech Superiority – Its the Supply Chain, Stupid!

The race to dominate AI is no longer about who has the smartest algorithms — it's about who can build and scale faster. Behind every AI breakthrough lies a battle for resources: data centers, compute hardware, power, and telecom infrastructure. And right now, even tech giants are hitting a wall. Our latest white paper reveals the six critical supply chain elements that are increasingly separating AI leaders from the rest.