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.

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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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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.

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Shein to invest $15M in supplier factories

Supply Chain Dive

After a critical documentary looked at labor practices in its supply chain, the fast fashion giant also said it is doubling what it spends on audits.

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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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.

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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.

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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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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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