Tue.Jun 13, 2023

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7 Ways to Reduce Your Business Taxes and Drive Profitability

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 7 Ways to Reduce Your Business Taxes and Drive Profitability There’s more than one way to increase your business’ profitability. As a business owner, you’ll surely devote much of your time to creating and selling products and services, promoting your brand, and growing your audience.

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Watch: Proximo Spirits' Journey to Decision Intelligence: A Case Study

Supply Chain Brain

Luis Gonzalez, global supply chain director of Proximo Spirits, a subsidiary of Becle, relates the company's search for a decision-intelligence tool, and its partnership with Aera Technology.

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Introducing Pipefy AI: Interview with CEO Alessio Alionço and CPO Sobhan Daliry

Pipefy

Pipefy recently announced the release of Pipefy AI, technology that integrates artificial intelligence with Pipefy’s no-code process automation platform. In order to better understand the vision behind Pipefy AI, as well as its capabilities, I asked Pipefy founder and CEO Alessio Alionço and Pipefy CPO Sobhan Daliry to share their perspectives on why now is the right time for Pipefy AI and what the impact will be for process management.

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Supply Chain Forecasting: The Machine Learning Revolution

Supply Chain Brain

Machine learning, a subset of artificial intelligence, is a game-changer that allows businesses to transcend outdated methods and transform the way they operate.

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7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

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.

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The benefits of automated attack surface management

IBM Supply Chain Blog

Can security teams keep up with attack surface risks without automated processes? Survey data indicates that the answer is no. In a 2023 survey of IT and cybersecurity professionals , nearly three-quarters (72%) said attack surface discovery alone takes more than 40 person-hours to complete. That does not include the additional time it takes for security teams to analyze the discovery data, prioritize actions and mitigate risks.

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American Trucking Association Believes the I-95 Collapse Will Impact Supply Chains

Supply Chain Brain

While an official timetable has not yet been established, Pennsylvania Governor Josh Shapiro said fixing the impacted portion of the highway could take "a number of months.

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Biden Administration Pledges $192mn for Battery Recycling Initiatives

Supply Chain Brain

As of June 13, 2023, the Biden-Harris Administration has pledged almost $3 billion toward domestic battery manufacturing and recycling efforts.

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Supply chain stability remains elusive

SCMR (Supply Chain Management Review)

While supply chain disruptions have lessened, ASCM and KPMG’s Stability Index continues to point to increased global instability.

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U.K.’s Centrica Warns More Gas Storage Needed for Energy Security

Supply Chain Brain

The CEO of Centrica, the U.K.'s largest natural gas supplier, said the partial reopening of the country's biggest gas storage facility isn't enough to ensure energy security.

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The Advent Of AI In Procurement

Procurement Freelancers

Imagine a day in the not-too-distant future when you have a smart assistant at your… The post The Advent Of AI In Procurement first appeared on Procurement Blog | Procurement & Supply Chain News.

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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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Saudi Output Cuts Will Tighten Oil Market Sharply, OPEC Data Signals

Supply Chain Brain

Global oil consumption will exceed supplies by roughly 2.7 million barrels a day during July 2023 based on a June 13 report from OPEC.

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Acting Labor Secretary Su joins port contract talks in San Francisco

Supply Chain Dive

Port of Los Angeles Executive Director Gene Seroka said the visit shows the negotiations are a top priority for the Biden-Harris administration.

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Biden’s Labor Chief Visits California to Break Deadlock in West Coast Port Talks

Supply Chain Brain

Acting Labor secretary Julie Su is reportedly encouraging the union and port managers “to stay at the table and reach an agreement.

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Chamber of Commerce asks Biden to appoint a mediator in PMA, ILWU contract talks

Supply Chain Dive

The last time a president appointed a mediator to intervene was in 2002, when ports shut down for eleven days.

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

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.

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ILWU Canada Workers Vote to Authorize a Strike

Supply Chain Brain

Over 99% of ILWU Canada members voted in favor of strike actions with the earliest possible start date reportedly being June 24, 2023.

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Colgate-Palmolive improves fulfillment process with Aera’s cloud platform

Supply Chain Dive

The digital solution aims to improve product allocation decisions across the company’s Hill’s Pet Nutrition fulfillment network.

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JAGGAER event helps Middle East & African clients future-proof their business through Autonomous Commerce

Jaggaer

JAGGAER's latest news on procurement & sourcing. Read now: JAGGAER event helps Middle East & African clients future-proof their business through Autonomous Commerce.

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Ameriflight to launch healthcare, e-commerce drone deliveries

Supply Chain Dive

The cargo carrier obtained FAA approval and plans to start operations within 90 days.

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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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How to save money through suppliers without sacrificing the value they bring

HICX

Costas Xyloyiannis, CEO of supplier experience platform HICX, says brands can keep a competitive edge despite inflation. “Let’s help suppliers help us,” he says. Here’s how… 1. See suppliers as partners. The best thing brands can do to cut costs through suppliers is to partner with them. This empowers suppliers to give their best, and when suppliers can give their best, brands are better placed to extract the value they need—such as quality ingredients, compliance information, and ideas for inno

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Duluth Trading to lean on new fulfillment center during peak season

Supply Chain Dive

The workwear retailer expects more than half of its direct orders will be handled by the Georgia facility in Q4.

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11 Best eSourcing Software for Mid-Market Companies

Procurement Software

There doesn’t seem to be a month go by without a new solution coming onto the market offering eSourcing software as part of their offering. Knowing which solution is suited to your business and level of procurement maturity is a minefield. We’re starting to seeing two increasing trends: Solutions which focusing on a specific industry vertical.

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How to Impress a Hiring Manager During a Procurement Job Interview

Una

How to Impress During a Procurement Job Interview Explore strategies candidates can use to bring their A-game to the table and impress the hiring managers during a procurement job interview. By Hugo Britt | June 13, 2023 Search Search Even though the labor market remains tight , candidates seeking procurement roles still need to bring their A-game to job interviews if they intend to stand out from the competition.

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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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How to solve IR35: Mark Coulson discusses 7 figure savings and creating a competitive advantage #77

Procurement Talk with David Byrne

Listen on Apple Podcasts Listen on Spotify Listen on Google Podcasts Listen on Amazon Episode show notes There’s a hidden cost – the cost of bad deals because you don’t choose to use interim resources.” Since 2021’s reforms, IR35 has been a major factor in the channels through which procurement resource is found, and … Continued The post How to solve IR35: Mark Coulson discusses 7 figure savings and creating a competitive advantage #77 appeared first on Talent Drive.

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Building a Resilient Supply Chain with Better Data

Art of Procurement

In 2018 Harvard Business Review predicted that in 5-10 years automation would likely replace the supply chain function. “The trend. The post Building a Resilient Supply Chain with Better Data appeared first on Art of Procurement.

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ASCO Asks Regulators to Monitor Supply Chains Dealing with Cancer Drug Shortages

Supply Chain Brain

Medical supply chains are experiencing a "severe" shortage of cancer drugs after carboplatin and cisplatin were reportedly found to be in “extremely short supply.

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Building your Personal Brand – Tom Mills from Procurement Bites

The Procuretech Podcast

In this episode of the show, host James Meads is joined by LinkedIn "royalty" Tom Mills. Tom is Head of Procurement at Bibby Financial Services and runs his own Substack newsletter called Procurement Bites. Personal Branding in Digital Procurement – Tom Mills He's built a great personal brand online and has over 30,000 followers on LinkedIn. He's here to share some advice on personal branding, the digital procurement market and how building your brand can really help you to own and shape both yo

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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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Mainstream Medius: Company to Acquire Expensya

CPO Rising

Medius Expands Its Range To expand its solution footprint beyond AP and S2P, Medius, a leading global provider of AP invoice automation solutions in the cloud, announced its intent to acquire Expensya, a provider of automated expense management solutions.

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“We have something that I really think is revolutionary”: A deep dive into the US cannabis industry

Spotlight on Procurement

Joining us in this episode are two leaders in a young and fast-developing industry: cannabis.