Procurement Leaders

AUGUST 2, 2023

In my 27 years in procurement, I’ve rarely encountered a savings opportunity as lucrative as that offered by IR35 – the UK tax rules on off-payroll working. Implemented correctly, you’ll deliver seven- or even eight-figure annual savings, directly impacting the bottom line, not cost avoidance. The reality is that far too many procurement teams are missing the trick, believing that IR35 is too complex and that they face too many internal hurdles.

Procurement 182

Procurement Vendor management Procurement team Contract 182

All Things Supply Chain

AUGUST 2, 2023

The trucking industry is moving towards electric trucks to improve sustainability within the supply chain.

Sustainability 211

Sustainability Supply chain Supply Logistics 211

Procurement Heads

AUGUST 2, 2023

For our latest CPO Spotlight, Ian spoke with Dan Goodson , Head of Industrial Practice, about his career with J. Murphy & Sons and advice to individuals starting their journey within Procurement. Please introduce yourself and an give an overview of Murphy Group. Murphy Group is a family-run business. It was set up in 1951. Our current CEO is John Murphy, who is the grandson of the original founder.

Supply chain 130

Supply chain Real-time Visibility Sustainability Procurement strategies 130

Procurement Leaders

AUGUST 2, 2023

In association with Ivalua: Leaders must rethink their priorities, metrics, and how they position procurement as the function becomes synonymous with ESG

Procurement 100

Procurement Sustainability Strategy 100

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.

Supply chain

Supply Chain Brain

AUGUST 2, 2023

Scope 1 and 2 emissions are currently the “elephant in the room” of many boardrooms. The “mouse in the corner,” however, is Scope 3 emissions, or those that are an indirect result of the company’s value chain—and that mouse is growing larger.

Suppliers 96

Suppliers Procurement 96

Supply Chain Dive

AUGUST 2, 2023

Here’s a deeper look at the planned changes, including less reliance on the U.S. Postal Service for some deliveries and a bargaining process for drone use.

Contract 92

Contract 92

Supply Chain Dive

AUGUST 2, 2023

The bill's introduction follows moves from Puma and Nike to discontinue the use of kangaroo skin in their supply chains by the end of 2023.

Import 96

Import Supply chain Supply 96

Supply Chain Brain

AUGUST 2, 2023

In this webinar, we'll explore how to optimize logistics operations with sustainability and resilience in mind by leveraging the power of connected data.

Supply Chain Optimization 91

Supply Chain Optimization Sustainability Logistics Risk 91

Spend Matters

AUGUST 2, 2023

Spend Matters constantly updates its understanding of the state of the procurement tech market via RFIs for our SolutionMap dataset, vendor interviews, global event attendance and product demos with the aim of keeping tech-selection decision makers ahead of market trends. But we also endeavor to grow our understanding of the wants and needs of the customers using that tech – the practitioners.

supply chain budgeting 79

supply chain budgeting Procurement Supply chain Suppliers 79

Supply Chain Brain

AUGUST 2, 2023

Since June 2023, sugar prices have risen by 42% year-on-year with more increases expected during the second half of the year due to ongoing shortages.

Price 90

Price Supply 90

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.

Sustainability

SCMR (Supply Chain Management Review)

AUGUST 2, 2023

Artificial intelligence can change how we move air cargo – using education instead of training is the recommended approach to prepare for the changes.

Logistics 83

Logistics 83

SCMDOJO

AUGUST 2, 2023

A service level agreement (SLA) is a document that outlines the expectations of both the provider (in this case, the company that installed your goods lift) and the customer (you, the warehouse manager). It details what services will be provided, how often they will be provided, and what standards will be met. Having an SLA in place ensures that everyone is on the same page and helps avoid potential issues down the road.

Import 75

Import Quality Risk Suppliers 75

Supply Chain Dive

AUGUST 2, 2023

Automakers have complained of delayed vehicle deliveries to dealerships. Rail carriers say they are fixing the problems, while trucking tries to seize an opportunity.

Demand 77

Demand 77

Supply Chain Brain

AUGUST 2, 2023

The Department of Homeland Security enforced the restrictions because both organizations utilized business practices that targeted members of persecuted groups in China.

75

75

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.

Procurement

Supply Chain Dive

AUGUST 2, 2023

The change will impact the popular products in the U.S., part of the food and beverage giant's plan to cut virgin plastic use by 20% by 2030.

80

80

Supply Chain Brain

AUGUST 2, 2023

The talks with potential buyers, such as Ford, Tesla, Volkswagen, Samsung and SK On, are still in the early stages.

Buyers 88

Buyers Supply chain Supply 88

IBM Supply Chain Blog

AUGUST 2, 2023

My name is Michael, and I am a senior at New York University (NYU). Throughout my time in college, I’ve worked numerous part-time jobs to help cover the ever-rising costs of living and studying in New York City. These spanned from being a video editor, interning at startups, assisting in artificial intelligence research, and numerous other stints in between.

Innovation 70

Innovation Data 70

Supply Chain Brain

AUGUST 2, 2023

SCALI wants to make it easy for visitors to come in and see all the types of supply chain management technology in one place.

Logistics 84

Logistics Supply chain management Supply chain management Supply chain 84

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

Logistics

IBM Supply Chain Blog

AUGUST 2, 2023

Today’s HR departments struggle to efficiently manage human resource operations and routine tasks, wasting time daily answering employees’ FAQs in the absence of a self-service system. When HR professionals are forced to allocate their time on these routine questions and repetitive tasks, they can’t focus on valuable work such as recruitment, retention and motivation, leadership development, and corporate culture.

Leadership 64

Leadership Strategy Data Quality 64

Pipefy

AUGUST 2, 2023

A common pitfall that occurs when creating or updating business processes is the failure to revisit or update them. Many businesses may even continue using them the same way long after they’ve been created or updated simply because they’ve always done it that way. However, this mindset leads to a lot of waste, as conditions, people, and resources change over the years.

Sustainability 52

Sustainability Collaboration Management Import 52

IBM Supply Chain Blog

AUGUST 2, 2023

People analytics is at the center of Human Resources (HR) strategy. Companies rely heavily on data and analytics to find and retain talent, drive engagement, and improve productivity. However, analytics are only as good as the quality of the data, which aims to be error-free, trustworthy, and transparent. According to a Gartner report , poor data quality costs organizations an average of USD $12.9 million each year.

Quality 63

Quality Data Leadership Strategy 63

Pipefy

AUGUST 2, 2023

Data is the core component of an organization’s processes, and data integrity is essential to a successful digital transformation. However, it is most often collected in an unstructured format like emails and images, making it difficult to digitize, centralize, or organize. Intelligent document processing (IDP) is a relatively new form of business process automation that provides the missing link between this unstructured data and the ability to analyze it to glean beneficial results.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Purchase orders Data 52

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?

Supply Chain Efficiency

IBM Supply Chain Blog

AUGUST 2, 2023

In our first blog post in this series on debunking observability myths, we focused on the myth that “ You can skip monitoring and rely solely on logs.” In this post, we’ll tackle another fallacy that limits the potential of observability—that it’s exclusively built for site reliability engineers (SREs). Why is this a myth?

Real-time Visibility 58

Real-time Visibility Import e2e Product management 58

CPO Rising

AUGUST 2, 2023

Welcome to Procurement News, part of our ongoing aggregate news series covering recent supply management headlines and trends pertinent to Chief Procurement Officers and other procurement leaders. Contact us with your news story here.

Chief Procurement Officer 52

Chief Procurement Officer Procurement Supply management Management 52

Barkers Procurement

AUGUST 2, 2023

What Are The Pressures That Procurement Faces In 2023 And Beyond? In recent years we have seen the demand placed upon the Procurement function significantly increase. It has been reported by McKinsey that in 2023 alone the typical workload on the function is set to increase by over 10%. Of note is that the increase in workload is juxtaposed by data that suggests that for most organisations, headcounts are set to be reduced or maintained at best.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement e2e Agile and Lean Supply Chain 52

Una

AUGUST 2, 2023

EPISODE 126 Making Procurement Research Actionable with Denis Wolowiecki By Kelly Barner | August 2, 2023 According to CAPS Research, two thirds of Chief Procurement Officers and Chief Supply Chain Officers – the top spend management executive in a company – sit two levels below the CEO. This limits procurement’s potential impact, but it also prevents companies from realizing a key source of competitive advantage.

Chief Procurement Officer 52

Chief Procurement Officer Procurement Procurement strategies Spend management 52

Advertisement

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.

Supply Chain Efficiency

Skill Dynamics

AUGUST 2, 2023

Procurement and supply chain professionals face numerous challenges that can lead to the online phenomenon known as “quiet quitting.” This refers to a situation where employees disengage from their roles without openly expressing their dissatisfaction or intent to leave. The prevalence of quiet quitting has a significant impact on organizations and the industry with a recent Gallup survey reporting that $7.8 trillion in productivity was lost worldwide in 2021 due to disengagement.

Supply chain 52

Supply chain Procurement team Leadership Procurement 52

IBM Supply Chain Blog

AUGUST 2, 2023

Over the years, chatbots have become seamlessly integrated in our day-to-day lives — in our homes, on our phones, on social media or in apps for shopping online, healthcare, customer support and more. They offer the advantage of identifying and understanding users, offering accurate answers, and completing tasks. As the prevalence and accessibility of artificial intelligence (AI) continues to grow, it is imperative that virtual agents integrate it into business practices in order to seamle

Data 53

Data Management 53

SCMR (Supply Chain Management Review)

AUGUST 2, 2023

MIT’s Center for Transportation & Logistics is offering a free nine-week course on humanitarian logistics.

Logistics 52

Logistics 52

IBM Supply Chain Blog

AUGUST 2, 2023

In this AI and digital age, customer expectations have evolved. Customers increasingly expect instant gratification: personalized, accurate answers faster and easier than ever before. They don’t want to fill out a form to request a quote, send an email to get pricing information, or wait to get simple answers; they want real-time answers and action.

e2e 74

e2e Real-time Visibility Strategy Price 74

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.

Sourcing