Thu.Dec 08, 2022

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How to write a proposal rejection letter to a vendor

RPF360

Breaking bad news is never fun and no one likes rejection. However, for procurement professionals, it’s part of the job. Indeed, for most RFPs and contracts, there can only be one winner. But, how do you tell a vendor they were not selected? In business, using an RFP or proposal rejection letter the best [.]. The post How to write a proposal rejection letter to a vendor appeared first on RFP360.

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China’s Heat Wave Is the Biggest Supply Chain Disruption of the Year: So, What’s the Solution? 

Supply Chain Brain

Even though heat waves and natural disasters have been bringing the global supply chain to a grinding halt asynchronously over the years, it doesn’t have to continue this way.

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Victoria’s Secret moves freight from air to ocean in bid to save costs

Supply Chain Dive

Executives said normalizing freight rates and improved supply chain flow have allowed the retailer to put goods back on boats, a strategy it expects will help save costs through next spring.

Bidding 111
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7-part analysis of risk-monitoring solutions – Vendor profiles roundup and summary

Spend Matters

Categories: Contract Management , Procurement Systems & Architecture , Risk Performance and Compliance , Supply Risk Management , Vendor Snapshots Tags: EU , Risk , supply chain risk management Spend Matters PRO content brings you the most thorough analysis of vendors serving the procurement technology space. In August and September this year, our analysts came together to pool their knowledge of vendors that address risk.

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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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Big Lots makes big SKU cuts

Supply Chain Dive

The retailer is focused on lowering prices for customers by rightsizing its assortment and working closely with suppliers.

Price 111
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Four Trends Reshaping the Global B2B Payments Sector

Supply Chain Brain

With the coming of the new year, global B2B payments are finally getting the attention they deserve.

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New Suppliers on Thomasnet.com for December 2022

The Thomas Blog

Exciting new B2B companies are being established across the U.S. and Canada every day, and every month, hundreds of them are joining Thomasnet.com ®. We're highlighting ten of the most notable and innovative companies below to bring some of the unique services and products they provide to the forefront. 1. Commercial Vehicle Group. Located in New Albany, OH, Commercial Vehicle Group primarily manufactures components for electric vehicles, warehouse automation, and seating systems.

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5 New Year’s Resolutions for Procurement

Una

5 Meaningful New Year’s Resolutions for Procurement. By Hugo Britt | December 8, 2022. With 2023 just around the corner, it’s time for procurement professionals to make sure they get off to a flying start in the new year with some high-impact resolutions. Tips for creating great resolutions. We’ve all been there: well-meaning resolutions made on December 31 st tend to fall apart a few weeks later.

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PT Holdings rebrands as Parts Town Unlimited

SCMR (Supply Chain Management Review)

New brand and structure will support accelerated growth and innovation.

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Last Boeing 747 Rolls off Line After Half a Century of Production

Supply Chain Brain

Over the past two decades, Boeing and its European rival Airbus have turned to more fuel-efficient and profitable aircraft; widebody planes with two engines instead of the 747’s four.

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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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Supply Chain Management Review Year in Review 2022

SCMR (Supply Chain Management Review)

For the December issue of SCMR, we’re featuring some of the best columns and articles from the past year. If you didn’t read them the first time, now is the opportunity to catch up. We’ve tried to cover the supply chain bases with these articles, which I’m sure you’ll enjoy.

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South Korean Truckers End 16-Day Strike Without Gains

Supply Chain Brain

The vote came a day after Seoul ramped up its hardline approach against organized labor by expanding back-to-work orders for up to 10,000 drivers.

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In this issue…Looking back at 2022 and looking ahead at 2023

SCMR (Supply Chain Management Review)

As always, the editors at SCMR wish all of our readers happy holidays, along with success in the year to come. We hope that the information and insights contained in this issue will play some part in that success.

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Watch: Securing the Right Carrier Contract

Supply Chain Brain

How should shippers approach the process of issuing a request for proposal (RFP) for carrier services? Advice from Tim Meester, vice president of business development for the central region of Green Mountain Technology.

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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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New and Noteworthy Categories on Thomasnet.com for December 2022

The Thomas Blog

Since industry is constantly growing and evolving, Thomasnet.com ® is too. Our platform has over 75,000 categories of products and services, from alloy to zinc, from which professionals like you can source. And thanks to our industry specialists, we are constantly researching and adding to our platform with new supplier categories to help you keep up with current market trends. 1.

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Watch: Dealing With Rate Hikes at FedEx

Supply Chain Brain

Data science can help shippers become eligible for the lowest rates from FedEx and others, says Caleb Nelson, chief growth officer at Sifted.

Data 52
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Demand Forecasting Methods: Choosing The Right Type For Your Business

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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Podcast | How Computer Language Models Will Transform the Business World

Supply Chain Brain

If a computer can convincingly replicate human text, where does that leave the human? .

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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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The links between climate change and modern slavery can no longer be ignored

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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Car Sales in China Drop as COVID Lockdowns Kept Buyers at Home

Supply Chain Brain

China’s automotive industry, like most others, has been hampered by the country’s COVID Zero approach, which officials only recently started stepping away from.

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Personal Data Transfer – Why You Need to Transition Existing EU SCC’s Now

Barkers Procurement

The transfer of personal data globally is a hot topic. But do you know how personal data is shared with your supply chain and whether you are compliant following the UK’s departure from the EU? Earlier this year the UK Information Commissioner’s Office adopted the International Data Transfer Addendum to the European Commission’s Standard Contractual Clauses (SCCs) for International Data Transfers (The UK Addendum).

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Walmart’s Payments Startup PhonePe Seeks to Raise $1 Billion

Supply Chain Brain

To prepare for an initial public offering, which the people said is at least 18 to 24 months away, PhonePe has flipped its headquarters to India from tax-friendly Singapore.

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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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Biden visits new TSMC plant in push to expand US chip production

Supply Chain Dive

The visit came as the chipmaker began construction of another plant in Arizona, and the U.S. advocates for a more resilient chip supply chain.