Strengthening partnerships with procurement stakeholders
Procurement Foundry
APRIL 18, 2023
Tue.Apr 18, 2023
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Supplier Assessment — Embracing Sustainability in Procurement
Procurement Tactics
APRIL 18, 2023
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.
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The Big Interview with Simon King
Procurement Heads
APRIL 18, 2023
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.
China sourcing tied to largest supply chain risks of 2023: report
Supply Chain Dive
APRIL 18, 2023
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.
7 Leadership Themes for Procurement & Supply Chain Leaders in 2024
Advertiser: GEP
Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.
The Big Interview with Simon King
Procurement Heads
APRIL 18, 2023
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.
Episode 111: Taking Intelligent Risks with Mark Trowbridge
Una
APRIL 18, 2023
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.
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
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Global Supply Chains are Operating more Efficiently, Report Finds
Supply Chain Brain
APRIL 18, 2023
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.
Building Dynamic Teams in Procurement
Una
APRIL 18, 2023
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
Half of Suppliers are Being Paid Late, Survey Finds
Supply Chain Brain
APRIL 18, 2023
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.
How Procurement Can Risk-Proof an Organization During a Recession
Una
APRIL 18, 2023
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.
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.
The importance of the human aspect in the ongoing automation of procurement structures
Spend Matters
APRIL 18, 2023
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.
Labor watchdog backs increased minimum wage for garment workers in Bangladesh
Supply Chain Dive
APRIL 18, 2023
Activist groups have called out major fashion companies — including Adidas, Gap and Nike — for their role in declining wages.
How IBM sports and entertainment partnerships transform an industry—and win an Emmy
IBM Supply Chain Blog
APRIL 18, 2023
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
Hershey buys 2 popcorn plants to fuel growth of its SkinnyPop brand
Supply Chain Dive
APRIL 18, 2023
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.
Next-Gen Procurement: Transforming Processes with the Power of Generative AI
Advertiser: GEP
Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.
Balancing Supply and Demand As the Auto Industry Goes Electric
Supply Chain Brain
APRIL 18, 2023
The near future will be beset with manufacturing challenges from suppliers balancing systems for both EV and internal combustion engine platforms.
Amazon opens big and bulky fulfillment center near Kansas City
Supply Chain Dive
APRIL 18, 2023
The facility will handle grills, mattresses and other oversized products.
Thousands of Flights Delayed As Southwest Glitch Grounds Planes
Supply Chain Brain
APRIL 18, 2023
The glitch follows another during the Christmas holiday season led to 16,700 flight cancellations and disrupted travel plans for two million customers.
Rent the Runway saves through delivery, return consolidation
Supply Chain Dive
APRIL 18, 2023
The apparel rental company's use of "live swaps" comes as it works to mitigate the impact of carrier price hikes.
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
IFC and Cambodia to Create Logistics Complex in Sihanoukville Province
Supply Chain Brain
APRIL 18, 2023
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.
How do rising interest rates and inflation affect global supply chains?
EazyStock
APRIL 18, 2023
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.
U.S., Colombia and Guatemala Sign Deal to Standardize Supply Chain Security
Supply Chain Brain
APRIL 18, 2023
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.
How to succeed with eAuctions: An essential guide
Procurement Software
APRIL 18, 2023
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
GEP Procurement & Supply Chain Tech Trends Report
Advertiser: GEP
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?
Watch: The Macro Benefits of Micro-Fulfillment
Supply Chain Brain
APRIL 18, 2023
Getting inventory closer to the end user saves money on transportation and is much more eco-friendly, says Corey Apirian, chief executive officer of Davinci Micro Fulfillment.
Predictive Procurement Orchestration
Arkestro
APRIL 18, 2023
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.
Using Sabermetrics to Track Procurement’s Relationship ROI
Art of Procurement
APRIL 18, 2023
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.
Despite Expected Delays, Airbus Reaffirms 2024 Production Targets
Supply Chain Brain
APRIL 18, 2023
Airbus began notifying airlines about expected delivery delays that will take place in 2024 while remaining confident this doesn't indicate worsening supply chain issues.
Supply Chain Orchestration: A New Era in Supply Chain Management
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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.
Danish Crown Embraces the Autonomous Commerce Concept, “Living & Loving the Journey” of Procurement Transformation
Jaggaer
APRIL 18, 2023
The post Danish Crown Embraces the Autonomous Commerce Concept, “Living & Loving the Journey” of Procurement Transformation appeared first on JAGGAER.
French Tycoons Enter Talks for $5.5bn Logistics Deal
Supply Chain Brain
APRIL 18, 2023
Rodolphe Saade, the French billionaire at the helm of shipping giant CMA CGM SA, has made an unsolicited $5.5 billion offer to buy Bollore SE’s logistics arm.
Riddle: How is a person in a dinghy lost at sea like a procurement data analyst?
Procurement Insights
APRIL 18, 2023
Hints: 2002 – Adapting To Supply Network Change Navi Radjou ( நவி ராஜூ ) Forrester 2012 – Study: less than 1% of the world’s data is analysed, over 80% is unprotected John Burn-Murdoch The Guardian 2013 – IDC Report: Less Than 5% of All Data Analyzed IDC 2018 – Up to 73 Percent of Company Data Goes Unused for Analytics.
Effective Supply Chain Management for SMBs
Supply Chain Brain
APRIL 18, 2023
Small and medium-sized businesses encounter significantly different challenges in managing their supply chains than larger organizations.
Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability
Advertiser: GEP
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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