December, 2022

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The top 23 procurement technology tools for 2023

RPF360

Procurement technology includes a range of interesting solutions including contract management, data sources, RFP management systems, spend analytics and more. Explore our favorite procurement technology solutions in this blog. The post The top 23 procurement technology tools for 2023 appeared first on RFP360.

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Procurement Strategy Case Studies — 5 Insightful Examples

Procurement Tactics

33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. Procurement Strategy Case Studies — 5 Insightful Examples. Setting the appropriate strategy in procurement is the first step to improving control and effectiveness of the overall procurement and sourcing activities. However, not everyone knows where to start in their strategy. .

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Drayage: What Is It & Why Does It Matter?

All Things Supply Chain

Drayage is one of the supply chain’s most important components, yet it is often confused or simply unknown.

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Volkswagen Group Selects Ivalua to Digitize its Indirect Procurement Processes

ivalua

Ivalua platform selected to improve efficiency, transparency, and the employee purchasing experience. Redwood City, CA, December 15, 2022. Ivalua, a global leader in spend management , and Capgemini, a global IT services and consulting firm, today announced that after a comprehensive evaluation of available technology solutions, the Volkswagen Group has chosen Ivalua’s platform to digitize its global indirect procurement processes for the Group’s entire brand portfolio.

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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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CPO Spotlight: Nick Priest

Procurement Heads

For the latest in Procurement Heads ‘ CPO Spotlight series, he spoke with James Dobbin about how he got into procurement, some of the trends he’s seeing in the financial and procurement space and whether the pandemic has pushed us closer to a cashless society. Could you tell us a little about Paysafe and what it is that you do. Paysafe is a leader in the payment sector and has been for the last 20 years.

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CPO Compass 2023

Procurement Leaders

After years of firefighting, CPOs are leading their teams into an era of data-driven resilience – enabling their teams to deliver new sources of value. Dive deeper to discover the future of the function.

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Supply Chain Collaboration — The Ultimate Guide

Procurement Tactics

33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. Financial Supply Chain — The Ultimate Guide of 2023. Supply chain collaboration is definitely new to many newcomers in the supply chain industry. It may be an overused term in the supply chain but still confuses a lot of people. . In this article, we will discuss what supply chain collaboration is.

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Supply Chain Weekly Wrap-Up 12/09/2022-12/15/2022

All Things Supply Chain

Amazon Sued by Supplier for Breach of Agreement Gilimex Inc a Vietnamese warehouse equipment manufacturer is suing Amazon for $280 million, claiming that the e-commerce giant backed away from agreements…

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Ivalua Ranked in Comparably’s Global Top 100  Best Companies and Awarded Best for Culture, Women and Diversity

ivalua

Ivalua scoops hat-trick of awards at Comparably’s latest Best Companies ranking. Redwood City, CA, December 16, 2022. Ivalua, a global leader in spend management , today announced that following anonymous votes from employees across all its departments and international office locations, the company has been ranked by Comparably among the top 100 companies with the best culture, as well as a best company for women and for diversity.

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The warehouse flood – True stories

ABC of Procurement

Another true procurement story. The post The warehouse flood – True stories first appeared on ABC of Procurement.

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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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Lene Aabo-Bjerregaard on close communication and collaboration in a crisis

Procurement Leaders

Danish biotechnology company Novozymes is a leader in the research, development and production of industrial enzymes, microorganisms and biopharmaceutical ingredients. With operations all over the world, and sourcing offices in Denmark, North America and China, its supply chain is exposed to a huge scope of complex challenges, across categories of spend including agriculture, chemicals, and enzymes, among others.

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RFP meaning: What is a request for proposal?

RPF360

Let's breakdown the RFP meaning and explore everything you need to know about this key business tool. Learn the definition of an RFP, who's involved in the RFP process, when you should issue one and how an RFP management system can streamline the process. The post RFP meaning: What is a request for proposal? appeared first on RFP360.

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Manufacturing Sourcing Company in India — The Ultimate Guide of 2023

Procurement Tactics

33 Procurement Interview Questions in 2022. Download Whitepaper →. . Or receive our famous weekly newsletter. Manufacturing Sourcing Company in India — The Ultimate Guide of 2023. India’s manufacturing industry is gaining popularity in the world and is set to grow much bigger in the future. However, why do companies source in India? In this article, we will talk about what a manufacturing sourcing company is.

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Supply Chain Weekly Wrap-Up 02/12/2022-08/12/2022

All Things Supply Chain

Apple consider transfer of iPhone production to India or Vietnam after protests in China Apple are reportedly considering moving the means of production of the iPhone amid the workers’ continued…

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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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Six Logistics Trends to Watch for in 2023

Supply Chain Brain

The transportation and logistics industry faces new challenges and an uncertain economy in the coming year. Following are six trends we can expect to see in 2023. .

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6 warehouse robotics innovations Amazon showcased in 2022

Supply Chain Dive

Although many are prototypes, the company aims for them to eventually make an impact in the company's logistics network.

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Eric Espinasse interview: ‘The more we depend on a supplier, the closer we need to be to them’

Procurement Leaders

Swiss biopharmaceutical company Ferring is a leader in reproductive and maternal health, with manufacturing facilities in Europe, the Americas, China and India. Here, CPO Eric Espinasse describes some of the strategies he has employed to manage the market volatility, from building up inventory to advanced segmentation and closer supplier relationships.

Suppliers 147
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How to use a supplier scorecard: Guide, examples and best practices

RPF360

Maintaining vendor relationships is crucial to your business. However, ensuring quality and effectiveness is just as important. Explore how to create and use a supplier scorecard to measure and optimize vendor performance. The post How to use a supplier scorecard: Guide, examples and best practices appeared first on RFP360.

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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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Financial Supply Chain —  The Ultimate Guide of 2023

Procurement Tactics

33 Procurement Interview Questions in 2022. Download Whitepaper →. . Or receive our famous weekly newsletter. Financial Supply Chain — The Ultimate Guide of 2023. The financial supply chain is new to many procurement professionals, especially those who have just started their journey in the procurement and supply chain industry. . For this article, we will tackle what a financial supply chain is.

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Can Hybrid Packaging Improve Sustainability?

All Things Supply Chain

Rising climate change awareness has led to higher demand for sustainability actions. Consumers have made clear that businesses must demonstrate corporate responsibility for their environmental footprint.

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Report Links Car Supply Chain to Forced Labor in China

Supply Chain Brain

The authors claim China's systematic repression of the Uyghurs and opaque supply chains has allowed the automotive industry to become reliant on abusive suppliers.

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How automated fulfillment delivers for your business

Strategic Sourceror

It's difficult to pinpoint the most important department when it comes to everything that goes on in the warehouse but a case can be made for fulfillment. During the pandemic, when lockdown measures created staffing shortages just as demand for consumer goods skyrocketed, fulfillment was overwhelmed with orders, creating shipping delays that persisted for months.

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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Applying Industry 4.0 to build better supply chains

SCMR (Supply Chain Management Review)

By focusing on integration of advanced technologies, I4.0 can distribute decision making and expand choices across vast supply chains.

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Here are the biggest supply chain stories of 2022

Supply Chain Dive

Fedex’s consolidation strategy and Amazon’s excess labor costs were just a few of the stories that piqued reader’s interests this year.

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How To Negotiate With A Business Partner

Procurement Tactics

33 Procurement Interview Questions in 2022. Download Whitepaper →. . Or receive our famous weekly newsletter. How To Negotiate With A Business Partner. If you own a business, you’d know how hard it is to handle everything. You have to find the capital, manage employees, and keep track of profits. This is one good reason to get a deal with a business partner.

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Impacts Facing The Supply Chain Ahead of the Holiday Season

All Things Supply Chain

Supply chain issues have negatively affected companies worldwide since early 2020. The COVID-19 pandemic brought restrictions and changed policies for businesses, leading to shortages in supplies and workers.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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Freight Brokers Must Prioritize Cybersecurity

Supply Chain Brain

Without the right cybersecurity practices, freight factoring companies could introduce security vulnerabilities for freight brokers, shippers and carriers. .

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How to Bring More Spend Under Management

Una

How to Bring More Spend Under Management. By Hugo Britt | December 22, 2022. Pocurement professionals apply the term spend under management to measure and communicate their team’s impact on the organization at large. While the definition can vary, it’s generally defined as the percentage spend that falls under procurement’s management. Some organizations define SUM as any spending that leverages preferred supplier contracts.

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How Predictive Procurement Solves Challenges in the Food and Beverage Industry

Arkestro

Food and beverage producers have undergone sweeping changes over the past several decades. Technology innovations have been massive, changing how food is grown, processed, and purchased. There have also been widespread and dramatic changes in how companies work with suppliers, causing supplier relationship management to take a front seat. With globalization, raw materials may come from across the globe.

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Maersk CEO to retire after 40 years with the company

Supply Chain Dive

As chief executive since 2016, Soren Skou has led the shipping giant through the pandemic era. Replacing him is Vincent Clerc, CEO of its ocean and logistics business.

Logistics 102
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Exploring the Advantages and Hurdles of Direct Store Deliveries

Direct Store Delivery, or DSD, is a common practice among global suppliers and retailers – like PepsiCo, Frito Lay, CVS, and Dollar General – and its popularity is growing, with the global DSD market expected to reach $1.19 trillion by 2027. Download this eBook for exclusive insights into direct store deliveries, challenges, benefits, and future trends.