July, 2023

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How to Develop an Effective Procurement Strategy

Procurement Freelancers

Are you prepared to enhance your game and master your procurement process? This article explains… The post How to Develop an Effective Procurement Strategy first appeared on Procurement Blog | Procurement & Supply Chain News.

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Inventory Reconciliation — Everything You Should Know

Procurement Tactics

51 ChatGPT Prompts to 10X Your Productivity in Procurement Download ChatGPT PDF Procurement Courses  Or receive our famous weekly newsletter Inventory Reconciliation — Everything You Should Know Inventory reconciliation allows companies to know the difference in their stocks between their records and in their warehouses. However, what is it? For this article, we will talk about what inventory reconciliation is.

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R.I.P. Great Resignation (2020-2023)

Art of Procurement

We have seen many trends come and go over the last few years, and most of them stemmed from the. The post R.I.P. Great Resignation (2020-2023) appeared first on Art of Procurement.

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Importance of Contract Management in Achieving Value for Money in the Procurement System

SCMDOJO

Contract management plays a crucial role in the procurement process, as it helps ensure compliance, mitigate risks, and optimize supplier relationships. By effectively managing contracts, organizations can maximize the value of their procurement activities and minimize potential issues. In this guide, we will explore the key benefits and importance of contract management in procurement and provide insights on how to implement effective practices.

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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.

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How will the Geopolitical Climate affect the Microchip Supply Chain

All Things Supply Chain

The microchip industry’s value to the global economy is almost unquantifiable owing to the fact that it facilitates other key industries that our society holds in high regard.

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Can brands save profits without squeezing suppliers?

Procurement Leaders

With inflation driving down sales, manufacturers can only push costs up so much and they’re feeling the pinch. While the reflex for many will be to squeeze suppliers, this isn’t the solution. Pressuring suppliers to drop prices only limits the resources with which they can work. This blocks the value that manufacturing brands can draw from these businesses, such as dependable supply and information that prevents risk and attracts opportunities.

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Last Mile Logistics — What You Should Know

Procurement Tactics

51 ChatGPT Prompts to 10X Your Productivity in Procurement Download ChatGPT PDF Procurement Courses  Or receive our famous weekly newsletter Last Mile Logistics — What You Should Know Last mile logistics is often associated with e-commerce due to its rising popularity in the modern market. However, many people do not know what last mile logistics is.

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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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The hitchhiker

ABC of Procurement

Beware, so long as you live, of judging men by their outward appearance. Jean de La Fontaine The post The hitchhiker first appeared on ABC of Procurement.

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Supply Chain Weekly Wrap-Up 07/21/2023-07/27/2023

All Things Supply Chain

Ford supplier invests $790M to build new Plants Magna International, an automotive supplier, will produce key components for Ford’s second-generation electric truck as part of a $790 million investment.

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

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Latest research: High-velocity procurement

Procurement Leaders

In partnership with Tradeshift: Making the right move before anyone else can deliver significant business benefits.

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Sheri Hinish Named Global Top 10 Supply Chain Influencer and Tim Cook Apple CEO is ranked #1

Supply Chain Queen

When I started my social media journey, I had 113 connections on LinkedIn, and didn’t know what Twitter or Instagram were OR, how to use them. With over 100k followers cross-channel and a thriving podcast, I wanted to pause and send a heartfelt thank you , and a bit about my journey.I felt out of.

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Should-Cost Model – The Ultimate Guide

Procurement Tactics

 Menu Course Library 1. Negotiation Course Learn from industry experts who negotiated billion $ deals 2. Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. ChatGPT & AI Use ChatGPT to automate procurement processes Access To All Unlimited access to all courses & templates Platform For Teams Procurement Tactics For Teams Where procurement teams build better skills, fas

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THE BIG INTERVIEW WITH ANDREW MITCHELL

Procurement Heads

For Procurement Heads’ latest Big Interview, Andrew spoke with Gemma Burman about his career and the challenges he faces within his role. How did you get into procurement? It was by chance, more than anything to be honest. I’d been made redundant and a friend of a friend approached me with a proposal. Using my transferable skills from my civil and merchant background, I helped develop a procurement team for his private company.

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A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026

Speaker: Jason Cottrell and Gireesh Sahukar

Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.

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Stakeholder management

ABC of Procurement

Procurement does not have only SRM - Supplier relationship management. We have an equally important element - our stakeholders. The post Stakeholder management first appeared on ABC of Procurement.

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Supply Chain Weekly Wrap-Up 07/14/2023-07/20/2023

All Things Supply Chain

Mercedes-Benz incorporates ChatGPT in Supply Chain Mercedes-Benz plans to integrate OpenAI’s ChatGPT technology into its manufacturing processes and vehicles.

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What smart inventory management means in 2023 — so far

Supply Chain Dive

After working to shed overstocks last year, retailers are trying to keep their inventories lean and relying on the chase to meet demand as it comes.

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Many Human Rights Violations Reportedly Found in Critical Mineral Supply Chains

Supply Chain Brain

Between January 2021 and December 2022, 102 allegations of abuse were linked to Chinese companies’ overseas investments in the transition minerals sector

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State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

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The 5S of Kaizen — The Ultimate Guide

Procurement Tactics

51 ChatGPT Prompts to 10X Your Productivity in Procurement Download ChatGPT PDF Procurement Courses  Or receive our famous weekly newsletter The 5S of Kaizen — The Ultimate Guide The 5S of Kaizen comes under the umbrella of lean management aimed to eliminate waste within manufacturing operations. However, what is it and how can it be applied in procurement ?

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CPO SPOTLIGHT: STEPHEN DAY

Procurement Heads

For our latest CPO Spotlight, Stephen spoke with Sagar Bhardwaj , Head of Practice – Consumer, about what has changed for him professionally since he last spoke with Procurement Heads. How much has changed for you professionally since your last Head2Head with us? Our organisation is up and running, we have Category Managers, and we have regional teams.

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Rivian: Navigating Supply Chain and Operational Challenges and Embracing Growth

SCMDOJO

Introduction Founded in 2009, Rivian Automotive, Inc. is an American electric vehicle manufacturer and automotive technology company which has emerged as a prominent player in the highly competitive automotive industry. It specializes in producing electric SUVs and pickup trucks using a versatile “skateboard” platform that other companies can utilize or accommodate future vehicle models.

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Will the Apple Vision Pro push AR in the Supply Chain?

All Things Supply Chain

Apple’s new Vision Pro AR glasses aim to revolutionize access to technology by seamlessly blending the digital and real world.

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Staying Ahead of UFLPA Enforcement: Best Practices for Retail Supply Chains

Speaker: Ethan Woolley, Director at Kharon

This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia

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PepsiCo struggles to advance its plastic sustainability goals

Supply Chain Dive

The food and beverage company is inching closer to its goal of using 100% repurposed, compostable or biodegradable packaging.

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AI Wants to Bring Trust to Supply Chains. Can It Be Trusted?

Supply Chain Brain

AI seems like the ideal tool for sussing out supply chain vulnerabilities. But can we trust the algorithms?

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Global Concrete Product Suppliers – Industry Outlook, Facts and Figures, Trends, Pricing, and Reviews

Procurement Tactics

51 ChatGPT Prompts to 10X Your Productivity in Procurement Download ChatGPT PDF Procurement Courses  Or receive our famous weekly newsletter Global Concrete Product Suppliers — Industry Outlook, Facts and Figures, Trends, Pricing, and Reviews Industry Outlook The concrete product industry is a major contributor to the global economy, with a market value of over $350 billion in 2022.

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CPO SPOTLIGHT: NICK JENKINSON

Procurement Heads

Passionate about digital transformation and innovation, Nick spoke to Procurement Heads’ James Dobbin about his experiences, outlook and drivers. How did your procurement journey begin? Like many in procurement, I didn’t have a lifelong dream that this was what I was going to do with my career, I came out of university and found a role with a local business.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.

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352: Simplify Freight By Rail, With Commtrex

Let's Talk Supply Chain

Today I’m joined by Commtrex, an award-winning brand that is on a mission to simplify freight by rail. Commtrex is a tech-enabled rail logistics provider with a team of experienced rail professionals, an extensive network of partners, and a best-in-class technology platform that simplifies the movement of freight and creates a competitive advantage.

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Supply Chain Weekly Wrap-Up 06/30/2023-07/06/2023

All Things Supply Chain

Taiwan Exports at a 14 Year low as Demand Woes Taiwan’s exports experienced their sharpest decline since 2009 in June, signalling concerns about the global demand slump for electronics and…

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FedEx details capacity plan as UPS strike fears intensify

Supply Chain Dive

The carrier will use volume from July 17 to July 21 as a baseline capacity measurement. Shipments exceeding that amount aren't guaranteed to be accepted.

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Cutting Out the Middle Mile: Using the Warehouse to Meet the Need for Speed in the Last Mile

Supply Chain Brain

In this environment, for retailers to compete, they need to give customers a full menu of delivery options to fit their preferences at the point of purchase, each and every time.

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How Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform

Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.