Thu.Jul 27, 2023

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IR35 Assessments – Getting it right

Procurement Heads

There is a mature interim management market in procurement and supply chain disciplines, and attracting the best quality interims is often a challenge for organisations. Typically roles defined outside IR35 are more appealing for this population, although many will also be willing to work on an inside IR35 basis if the parameters are right. Either way, it’s of paramount importance to understand the IR35 criteria and implications when recruiting any temporary role and make sure these are implemen

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[Pod] Procurement 6 – July 28th, 2023

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post [Pod] Procurement 6 – July 28th, 2023 appeared first on Art of Procurement.

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Fed raises interest rates following June pause

Supply Chain Dive

The Federal Open Market Committee raised the main interest rate by a quarter percentage point. The move comes as the Fed faces increasing difficulties in their bid to fully quell inflation.

Bidding 90
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Global Coal Demand Broke Records in 2022 with More Growth Expected in 2023

Supply Chain Brain

The demand for coal increased in 2022 because the commodity was more readily available and relatively cheaper than gas in certain parts of the world.

Demand 98
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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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Supply Chain Planners Must Link Short- and Long-Term Processes

SCMR (Supply Chain Management Review)

Like any part of an organization, supply chain planning has its obstacles and rewards. When approaching planning, organizations often mix short-term and mid-term planning in one process, or treat them separately. Neither approach provides optimal outcomes.

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Qatar Ordering Over $9B of LNG Carriers from Three South Korean Companies

Supply Chain Brain

Shipping companies serving Qatar Gas are planning to sign contracts with the three shipbuilders between September and October to construct 40 LNG carriers

More Trending

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ASCM Offers 'Certified in Transformation' Credential

Supply Chain Brain

The CTSC program was created to service mid-level professionals that are tasked with supporting or transforming their organization’s supply chain.

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California ports get more than $700M in federal grants

Supply Chain Dive

Many of the grants are specifically designed to help speed the movement of goods at the ports of Los Angeles, Long Beach and Oakland.

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Putin Promises Six African Countries Free Grain

Supply Chain Brain

Putin said Russia would be able to provide Burkina Faso, Zimbabwe, Mali, Somalia, the Central African Republic and Eritrea with 25,000 to 50,000 tons of free grain.

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Bankrupt Incora tries to wrench shipments from holdout supplier

Supply Chain Dive

The aerospace supply chain specialist said the unfulfilled purchase orders could “create a chain reaction effect on other contracts and operations.

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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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Pilgrim’s Pride Signals Worst is Over for Chicken Suppliers

Supply Chain Brain

“More restrained” supplies, further easing of restrictions on U.S. exports, and potentially lower grain costs are all expected to contribute to an improved outlook.

Export 83
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How to Choose the Right Translation Provider for Your Organization

SCMDOJO

To thrive in global markets, effective communication is paramount. One of the key elements of successful communication is accurate and culturally sensitive translation. Whether you’re launching a website, localizing marketing materials, or expanding operations overseas, choosing the right translation provider for your organization is crucial. In this blog post, we will explore the essential factors to consider when selecting a translation provider that aligns with your organization’s

Quality 70
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Yellow Corp. Preparing to File for Bankruptcy

Supply Chain Brain

A bankruptcy filing would put Yellow at great risk of liquidation since the organization’s customers have begun abandoning the trucker in droves.

Risk 89
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Innovative Ways to Source Goods and Services in a Digital Era

Procurement Freelancers

In today’s rapidly advancing digital era, businesses are constantly seeking ⁠ innovative ways to source goods… The post Innovative Ways to Source Goods and Services in a Digital Era first appeared on Procurement Blog | Procurement & Supply Chain News.

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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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TradeBeyond’s Retail Sourcing Report Q3 2023

Supply Chain Brain

TradeBeyond’s quarterly Retail Sourcing Report provides a detailed overview of the current state of global retail sourcing to help supply chain leaders make more informed purchasing decisions.

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June Ocean Container Imports Drop 11% Compared to 2022

SCMR (Supply Chain Management Review)

Inventory backlogs and economic uncertainty continue to dampen imports, with ocean container traffic falling year-over-year in June and down 16% year-to-date.

Import 62
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Watch: Driving Labor Retention and Productivity with Warehouse Robotics

Supply Chain Brain

Deploying robots in the warehouse drives up productivity, plain and simple, says Stanislas Normand, managing director North America for Exotec.

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UPS-Teamsters deal: 9 reactions from Biden, industry groups

Supply Chain Dive

Federal officials, industry experts and retail groups all expressed relief over the tentative agreement reached Tuesday.

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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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Balancing Demand and Supply: Missteps, Misrepresentations and Solutions

Supply Chain Brain

The supply chain solutions and supporting technology of the past 20 years have greatly let society down.

Demand 93
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Six EAM trends pushing the oil and gas industries forward

IBM Supply Chain Blog

The oil and gas industry remains an integral part of the energy landscape, but it faces a number of modern challenges, including volatile market conditions, expanding environmental regulations and the growing need for operational efficiency. To navigate these challenges, industry players are turning to enterprise asset management (EAM) solutions. EAM is an invaluable tool that allows oil and gas companies to manage physical assets and infrastructure throughout their lifecycles—from design

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How to Attract and Manage Talent in the Supply Chain

Supply Chain Brain

Corporate layoffs have resulted in costs that are either underestimated or not included in executive decisions.

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Skilled partners hold the key to accelerating AI adoption

IBM Supply Chain Blog

Thomas J. Watson, Sr., early chairman and CEO of IBM, once said, “Education is the foundation of our progress.” As artificial intelligence reshapes business, Watson’s advice still applies: A recent study by the IBM Institute for Business Value (IBV) finds that 75% of CEOs surveyed believe their competitive advantage will depend on who has the most advanced generative AI.

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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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Jonathan O’Brien delivering seminar on Category Management and Sustainability

Positive Purchasing

Realize the benefits of Category Management and how to implement sustainable procurement Our CEO and sustainability expert, Jonathan O’Brien will deliver a live seminar on the topic of Category Management and Sustainability at an upcoming hybrid event. Organized by the Swedish Enterprise, Sweden’s Municipalities and Regions, and the Swedish Procurement Agency, the event will take place on 22 September from 1pm to 4pm CEST both online, and in-person in Stockholm, Sweden.

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Category Management in Practice: A Case of HDPE Pipes

The Good Spending

This article suggests a practical procurement case from the infrastructure company (e.g., water transmission and distribution.) One of their top-spend items is a high-density polyethylene (HDPE) water pipe. Let's look closer at the sourcing strategy for this category. HDPE pipe sourcing strategy Suppose you analyzed all the "usual suspects": unit price, delivery terms, and payment.

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Transferable Skills for Procurement

Una

WANTED: Transferable Skills for Procurement Explore some of the desired transferable skills for procurement that seasoned professionals can leverage when building a sourcing career. By Hugo Britt | July 27, 2023 Search Search According to the 2023 CIPS/Hays Procurement Salary Guide , over 20% of U.S. procurement practitioners did not make a conscious decision to work in the profession.

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We are attending The IFPSM World Summit 2023

Positive Purchasing

WE'RE HEADING TO FLORENCE FOR THE IFPSM WORLD SUMMIT 2023 We are very excited to be flying to Florence this September for the IFPSM World Summit 2023! This event will take place on the 22 and 23 September – if you’re attending, please get in touch as we would love to meet up! Our Operations Director, Iain Anderson and our Business Development Manager, Sarah Stevenson will be there!

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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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How (OR) Will AI replace most procurement jobs?

Procurement Insights

Here is another question – regarding AI in procurement, which one of the following quotes best describes your sentiments? “The only thing we have to fear is fear itself” – FDR “The greater the pressure, the brighter the diamond” – Matshona Dhliwayo “It’s not going to replace you. Someone who knows it well is going to take your job, and that’s a guarantee.” – Shelly Palmer “Innovation in AI has prompted talk of a coming

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Expense Reporting: What Is It, Templates, and How To Fill A Report

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 "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend.

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Public Education as Corporate Social Responsibility

Art of Procurement

Talent is a huge concern for all companies. Skills requirements continue to grow even as executive leaders worry that they. The post Public Education as Corporate Social Responsibility appeared first on Art of Procurement.

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Podcast | How Intel Will Get to Net-Zero Greenhouse Gas Emissions

Supply Chain Brain

Intel updates its progress toward achieving net-zero emissions worldwide by 2040.

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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.