January, 2023

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Strategic sourcing manager: Procurement role on the rise

RPF360

Strategic sourcing managers focus on maximizing the value of vendor relationships. It's a specialized skill and a rewarding path. Enabled by RFP software systems and other procurement technology, the growth potential in this role is compelling. Explore everything you need to know here. The post Strategic sourcing manager: Procurement role on the rise appeared first on RFP360.

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The Shift Towards Sustainability While maintaining high Profitability

Procurement Tactics

33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. The Shift Towards Sustainability While maintaining high Profitability. The shift towards sustainability is gaining popularity. However, many are still doubtful about the benefits it may give, especially since shifting towards it entails a huge investment.

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Why using a procurement recruitment agency can help with a company’s hiring plans

Procurement Heads

As specialists in finding and placing top procurement and supply chain talent, we have the expertise and resources to identify the best candidates and help them to make the right hiring decisions. In this blog, we’ll explore why using a procurement recruitment agency like Procurement Heads can prove hugely beneficial to a company’s hiring process. The Benefits of Working with a Specialist Procurement Recruitment Agency Access to a Wide Network of Candidates With more than a decade in business, w

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What does the German Supply Chain Act Mean for Procurement?

ivalua

What Lieferkettengesetz Means for Procurement? By Jan-Hendrik Sohn. The German Supply Chain Act, or Lieferkettengesetz, is a new piece of legislation that came into effect January 2023 with an extended remit from January 1, 2024. The act was established to address issues of sustainability and ethical conduct in global supply chains, and has significant implications for companies and procurement organizations operating in Germany.

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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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How to Address Counterfeit Parts in the Supply Chain

All Things Supply Chain

Consumers and businesses alike buy millions of counterfeit products every year, worth billions of dollars.

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Managing risks, priorities and talent: Nestlé’s approach to the polycrisis

Procurement Leaders

As a former farmer with some 10 years’ experience, Nestlé CPO Patricia Stroup is all too aware of the threats that can impact Nestlé. “I grew up on a farm and I had a farm for 10 years as my first job out of college. My after-school job during high school was milking cows,” she says. “Geopolitical crises, supply chain disruption, inflation – all of those, of course, are a problem.

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Mediation vs Negotiation — 5 Key Differences

Procurement Tactics

33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. Mediation vs Negotiation — 5 Key Differences. Mediation and negotiation are both used as alternative dispute resolution techniques based on give and take to resolve disputes. However, how would you know if you are using negotiation or mediation?

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The Big Interview with Rebecca Howard

Procurement Heads

For Procurement Heads ‘ latest Big Interview, Rebecca spoke to Will Cooke about her career, SRM and sustainable procurement. How did you get into procurement? I got into procurement through a graduate procurement programme at British Airways in 1997. Even at that point blue chip corporations recognised the value of procurement and understood that when you’ve got substantial third-party spend, it’s important to use strategic sourcing approaches.

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A More Reliable Path to Net Zero: Ivalua’s Latest Innovation Helps Reduce the Environmental Impact of Supply Chains

ivalua

Ivalua’s new Environmental Impact Center empowers Procurement and Supply Chain teams with reliable and actionable insight to reduce Scope 3 Greenhouse Gas (GHG) emissions. EIC’s Unique Capabilities: Ensure transparent carbon emissions baseline based on reliable emissions data Identify and prioritize emissions reduction opportunities Monitor and manage emissions at the product level Redwood City, CA – 31 January, 2023 – Ivalua , a global leader in Cloud Spend Management Solutions , announced the

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Supply Chain Weekly Wrap-Up 01/20/2023-01/26/2023

All Things Supply Chain

Smartphone shipments records its lowest figures since 2013 2022 saw the lowest recorded shipments of smartphones since 2013, a reported 1.21 billion shipments were made last year.

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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.

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Three Key Lessons from a True Procurement Ironman

Art of Procurement

In this week’s podcast, Philip Ideson interviews Vytas Sliesoraitis, a procurement leader turned Ironman competitor. Click here to listen. Vytas. The post Three Key Lessons from a True Procurement Ironman appeared first on Art of Procurement.

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Episode 98: Turning Ethos Into Action with Ian Arthurs

Una

EPISODE 98. Turning Ethos Into Action with Ian Arthurs. By Kelly Barner | January 18, 2023. It is one thing to talk about the importance of preserving the environment, and it is another to take meaningful and measurable action to drive change. Corporate sustainability programs are often started in response to consumer demand, but in order to be successful long term, they need backing from innovative, disruptive thinkers willing to blaze new trails. .

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Sustainable Procurement Analysis — The Ultimate Guide

Procurement Tactics

33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. Sustainable Procurement Analysis — The Ultimate Guide. Procurement analysis is used to collect and analyze data for businesses to gain insights and make informed decisions. However, what is it when it comes to sustainability? In this article, we will discuss what sustainable procurement analysis is.

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How climate change disrupts supply chains

Strategic Sourceror

Supply chain challenges have dominated international headlines, and much of the focus has been on the fallout from the COVID-19 pandemic and the lingering consequences of the public health crisis. However, climate change poses a more fundamental threat to global supply chains, as extreme weather events, sea-level rise, unpredictable weather patterns and new compliance regulations all conspire to restrict the ability of suppliers to move goods between markets.

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How One Manufacturer Used GEP SOFTWARE To Save $45M in Direct Material Sourcing

For global manufacturers, managing direct and indirect material spend can get very complicated very quickly. Multiple legacy systems prevent procurement from standardizing processes and tracking what they’re spending with each supplier. In response to these challenges, a leading heavy equipment manufacturer selected GEP to redesign its source-to-contract processes and implement a convergent data model to help manage procurement data across its multiple locations.

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Supplier Diversity: From Checking-the-Box to a C-Suite Strategy

ivalua

Public Procurement: Building Business Cases and Driving Momentum. For the Government, supplier diversity programs are something procurement professionals in the United States (US) have accepted as a key element to their procurement success. Since their inception more than 50 years ago, supplier diversity programs have spread beyond public procurements.

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Supply Chain Weekly Wrap-Up 12/30/2022-01/05/2023

All Things Supply Chain

Apple supplier Luxshare reportedly win contract to produce iPhones The share price of Luxshare Precision, a Chinese manufacturing company for Apple, has rose more than 3%, after reports of a…

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Translating Digital Investments into Digital Outcomes

Art of Procurement

In this week’s episode of the Art of Procurement podcast, Philip Ideson and I took some time out to give. The post Translating Digital Investments into Digital Outcomes appeared first on Art of Procurement.

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Episode 97: No One Climbs Mount Everest Alone with Dylan McCabe

Una

EPISODE 97. No One Climbs Mount Everest Alone with Dylan McCabe. By Kelly Barner | January 11, 2023. When you are starting a new company, it is a challenge to convince customers that they should choose you over their alternatives. When you are also pioneering a completely new business model for your target market, that challenge increases substantially.

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CEVA Logistics Drives Agile, Multi-Leg Inbound Flows for Tech Company

CEVA Logistics, a global leader in third-party logistics, was contracted to help a technology company manage its complex supply chain, supporting B2B, B2C, and reverse flows across multi-leg transport. CEVA leveraged Kinaxis to eliminate blind spots across supply chain activities, centralize order and logistics management, and drive cost-effective plans for order execution.

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What Are the Benefits of Having a Transport Management System?

Procurement Tactics

Procurement success in 2023 with our Strategy Course Download Course Details →  Or receive our famous weekly newsletter What Are the Benefits of Having a Transport Management System? A transport management system is an innovative software used to make the transportation of goods and services throughout a company more efficient. By collecting data on routes, stock levels, drivers’ availability, vehicle tracking, and other pertinent information, a transport management system accurately fore

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Supply chains 2022: A year in pictures

Supply Chain Dive

Rising inflation, strike threats and slowing demand triggered a wave of business uncertainty following months of growth. Take a look back at 13 memorable moments.

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Watch: What Happens to the Semiconductor Supply Chain If China Invades Taiwan?

Supply Chain Brain

John Ferguson, chief executive officer of TBM Consulting Group, discusses the importance of Taiwan to global semiconductor production, and tells how the supply chain would be impacted by China invading Taiwan.

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All Things Supply Chain- Top 5 Supply Chain Trends For 2023

All Things Supply Chain

Looking back at the trials and tribulations that faced the supply chain in 2022, the biggest obstacle proved to be operating in a world changed by the global pandemic.

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Your Triple-Threat Solution for Resilient Planning and Execution

Speaker: Len Pannett - Supply Chain and Operations Transformation Expert | Board Advisor - UK Ministry of Defence | Mentor | Author | Keynote Speaker

With the dark clouds of inflation and uncertainty looming overhead while the pressures of ESG and geopolitical tensions increase, today’s supply chain professionals are facing challenges we have never seen before. What were once traditional supply chains have now transformed to multidimensional networks met with new extremes in customer demands. Supply chain professionals often face the dilemma of balancing cost, resilience, and sustainability.

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Applying Category Management to the Challenges of a New Age

Art of Procurement

In this week’s episode of the Art of Procurement podcast, Philip Ideson welcomed the first guest of 2023: Stephane Morel, The post Applying Category Management to the Challenges of a New Age appeared first on Art of Procurement.

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Episode 99: Leading Change Through Collective Courage with Daniel Oppong

Una

EPISODE 99 Leading Change Through Collective Courage with Daniel Oppong By Kelly Barner | January 25, 2023 Each person has a responsibility to make sure that all of their small choices add up to the total impact they want to have – on others and on the world. If we can make those choices in partnership with individuals and organizations that share our vision and values, that impact will be magnified significantly.

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Supplier Integration — The Ultimate Guide of 2023

Procurement Tactics

33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. Supplier Integration — The Ultimate Guide of 2023. Supplier integration enables a robust supply chain process. However, not many people know how to collaborate with their suppliers. . For this article, we will discuss what supplier integration is.

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Amazon’s new capacity management system lets sellers bid for more storage space

Supply Chain Dive

The reservation feature's goal is to give businesses more control over their Fulfillment by Amazon capacity "while limiting unproductive use," an executive said.

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2023 Voice of Talent: State of the Workforce Report

New data is raising the bar on how to attract and retain talent in the New World of Work. Procom surveyed over 1,740 contingent and permanent workers across the United States and Canada to uncover what’s most important to them amidst heightened expectations, competition and uncertainty. We have distilled the data into actionable insights you can leverage to strengthen your position as an employer of choice and access the skills you need.

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Measuring KPIs and KRIs for Comprehensive Supplier Performance Management

Supply Chain Brain

While every organization tracks key performance indicators (KPIs) on some level, this data is rarely correlated with key risk indicators (KRIs).

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Supply Chain Weekly Wrap-Up 01/13/2023-01/19/2023

All Things Supply Chain

What China’s rise in COVID-19 cases mean for factories In the last few weeks, the Chinese government started to relax its grip on the zero-COVID policy.

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[Pod] Digital Outcomes 2023 Agenda Reveal w/ Kelly Barner and Philip Ideson

Art of Procurement

Do fish know they are wet? Every creature on earth has a natural habitat. Procurement’s habitat is digital. And yet, The post [Pod] Digital Outcomes 2023 Agenda Reveal w/ Kelly Barner and Philip Ideson appeared first on Art of Procurement.

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10 Must-Read Supply Chain Analytics Books for 2023

SCMDOJO

If you want to gain more supply chain analytics knowledge, you’re in the right place. We’ve compiled a list of 10 great supply chain analytics books to help you better understand the concepts and strategies behind this vital business field. From foundational reads to more advanced topics, these books will help you start your journey into the world of supply chain analytics!

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ABM Evolution: How Top Marketers Are Using Account-Based Strategies

In times of economic uncertainty, account-based strategies are essential. According to several business analysts and practitioners, ABM is a necessity for creating more predictable revenue. Research shows that nearly three-quarters of marketers (74%) already have the resources needed to build successful ABM programs.