February, 2023

article thumbnail

ChatGPT in Procurement — Revolutionizing the Norm

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter ChatGPT in Procurement — Revolutionizing the Norm ChatGPT is getting popular not just in procurement but also in various industries as it assists professionals in their everyday work. However, what is it? This article will help you know what ChatGPT is.

article thumbnail

The RFQ: A request for quotation how-to guide with template

RPF360

A request for quotation (RFQ) can be a key component in your procurement process. Are you taking advantage of this tool? Explore how the RFQ works, when you should use one and how to write it. This guide also provides examples and templates to help you get started. The post The RFQ: A request for quotation how-to guide with template appeared first on RFP360.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

When should I engage a procurement recruitment agency?

Procurement Heads

Whether you’re a small business owner or the HR manager of a large organisation, there are several situations when it makes sense to work with a recruitment agency. James Dobbin , Director of Procurement Heads ’ Financial & Professional Services offering, shares some of the most common reasons for engaging a recruitment agency and the benefits they can bring to your hiring process.

article thumbnail

Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. The pandemic saw incredible growth in this area and highlighted opportunities for improvement within procurement processes and procedures.

article thumbnail

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.

article thumbnail

4 Ways Manufacturers Can Improve Supply Chain Visibility

All Things Supply Chain

Supply chain visibility has become a make-or-break point for industries and companies worldwide. It is seen as a potential panacea for recent issues and breakdowns.

article thumbnail

Buyer Power Score – Pest Control Services

Art of Procurement

The AOP Buyer Power Score is a content offering created in partnership with ProcurementIQ that rates the balance of power. The post Buyer Power Score – Pest Control Services appeared first on Art of Procurement.

Buyers 145

More Trending

article thumbnail

9 ocean carriers commit to 100% electronic bill of lading by 2030

Supply Chain Dive

The transition to eBLs is expected to save stakeholders billions of dollars.

143
143
article thumbnail

The Big Interview with Chris Minter

Procurement Heads

For Procurement Heads ‘ latest Big Interview, he spoke with Will Cooke about his career and what Zurich is doing with regard to sustainability in the supply chain. How did you get into procurement? I have always been in procurement right from an internship I did at Lockheed Martin, as part of my time at university and have been in supply chain and commercial roles ever since.

article thumbnail

Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

Ivalua Blog [ivory-search] Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike February 10, 2023 | | Procurement Strategy Mitigating EMEA Inflationary Pressures Through S2P Solutions In the EMEA region, organizations are increasingly facing an uphill battle against inflation – one that can be particularly hazardous when it comes to making procurement decisions.

Price 264
article thumbnail

Cobalt- Congo 21st century’s Blood Diamond

All Things Supply Chain

With the recent technological advancements of the 21st century, cobalt has become a key ingredient of the manufacturing of lithium-ion batteries.

article thumbnail

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

article thumbnail

A Look at the Current State of Procurement Recruiting

Art of Procurement

The last few years in procurement recruiting have been wild – just like the external conditions procurement professionals have been. The post A Look at the Current State of Procurement Recruiting appeared first on Art of Procurement.

article thumbnail

Avocado Prices – Historical Graph [Realtime Updates]

Procurement Tactics

Avocado Prices – Historical Graph Realtime chart of historical daily avocado prices. The prices are down in U.S. dollars per KG. The current price is and is last updated on. The average price in the past 3 days is The average price in the past 7 days is The average price in the past 30 days is The average price in the past 365 days is Popular questions about avocado prices: Why are avocado prices fluctuating?

Price 156
article thumbnail

Severe graphite shortage looms as EV sales surge

Strategic Sourceror

With more Americans buying rechargeable cars — and several automakers expanding their hybrid and all-electric offerings — the automotive industry is turning to the rare earth metals market. These materials, namely lithium, cobalt, nickel and several others, are critical for manufacturing the lithium-ion batteries electric and hybrid cars need.

article thumbnail

How manufacturers can tackle supply chain costs in 2023

Supply Chain Dive

With budgets tightening in an uncertain economy, experts weigh in on how companies can plan for the year ahead and stay resilient.

article thumbnail

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.

article thumbnail

How To Manage Supply Chain Risk in the Age of Unpredictability

Supply Chain Brain

Supplier diversification is among the most essential actions a business can take to survive a black swan event, but it requires prior planning.

Risk 132
article thumbnail

Supply Chain Weekly Wrap-Up 02/17/2023-02/23/2023

All Things Supply Chain

Uber Freight announce plans for electric trucks in California Uber Freight a subsidiary of Uber Technologies announced plans to deploy their electric trucks on select routes in California.

article thumbnail

How to Benchmark Supplier Diversity Performance

Art of Procurement

If there were a shortlist of core procurement skills, benchmarking would undoubtedly be on it. And yet, for the ease. The post How to Benchmark Supplier Diversity Performance appeared first on Art of Procurement.

Suppliers 143
article thumbnail

Episode 102: Insuring Against Cyber Liability and Exposure with Shawn Edgington

Una

EPISODE 102 Insuring Against Cyber Liability and Exposure with Shawn Edgington By Kelly Barner | February 15, 2023 ‘Digital’ must be one of the most commonly used words in business conversations today. Its usage extends far beyond IT to include nearly every internal and external effort. With so many of a company’s assets and activities being conducted via digital platforms, why isn’t cyber security more frequently included in those conversations?

Risk 130
article thumbnail

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.

article thumbnail

Spring Interim Networking Event

Procurement Heads

In advance of the new financial year, this will be an opportunity for networking and discussion around all things procurement and interim management. If interim management within procurement is your specialism, or indeed if your business has had requirements for quality interim managers in this space, then please join us for a drink or two! Spaces are strictly on a first come first served basis, so please register your interest now by completing the form below to avoid disappointment.

article thumbnail

Amazon closes, cancels more warehouses as cost-cutting persists

Supply Chain Dive

The e-commerce giant canceled, closed or delayed 99 facilities in its U.S. fulfillment network, according to a firm tracking the company. Amazon disputed its findings.

article thumbnail

Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today. While inflation has eased from 9.1% last June to 6.5% in December and is expected to fall to 3.1% by the end of this year, business and academic economists pol

article thumbnail

Supply Chain Weekly Wrap-Up 02/10/2023-02/16/2023

All Things Supply Chain

Germany looks to partner with Japan to Secure Raw Materials The German government wants to increase cooperation with Japan to help secure supplies of raw materials.

article thumbnail

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

article thumbnail

The Psychological Long Tail of Supply Chain Disruption

Art of Procurement

Traditionally, procurement has been measured on their ability to generate savings and bring spend under management. That has led to. The post The Psychological Long Tail of Supply Chain Disruption appeared first on Art of Procurement.

article thumbnail

Ultimate 2023 Negotiation guide – A Comprehensive Overview

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Ultimate 2023 Negotiation guide — A Comprehensive Overview Negotiation is part of our everyday life. In business, negotiation allows parties to settle disputes, build stronger relationships, and create value in contracts.

article thumbnail

CPO Spotlight: Dr Jonathan Sims

Procurement Heads

For Procurement Heads ‘ latest CPO Spotlight, he spoke with Dan Goodson about the key tenets of being a CPO, how the sector has changed during his career and what he’s most passionate about when it comes to procurement. You have a vast amount of experience, including being a Visiting Fellow at Nottingham Business School (Nottingham Trent University) and Durham University Business School as well as being an Affiliate Professor at Emlyon business school in France, what do these roles e

article thumbnail

Falling truck rates give supply chains chance to cut costs

Supply Chain Dive

Lower demand in the spot market means “there’s no better time for a shipper to find efficiencies," a C.H. Robinson executive said.

article thumbnail

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.

article thumbnail

Bartering on a large scale

ABC of Procurement

Here is a story I would like to share with you from my career. This time we talk about bartering instead of direct payments. The post Bartering on a large scale first appeared on ABC of Procurement.

article thumbnail

Supply Chain Weekly Wrap-Up 02/03/2023-02/09/2023

All Things Supply Chain

Amazon to streamline operations after unprofitable year After reporting a $2.7 billion loss in 2022, Amazon is now focusing on streamlining operations in an attempt to recover and boost productivity.

article thumbnail

How to issue an IT RFP: Tips, templates and examples

RPF360

IT purchasing is crucial to your business's strategic goals, so there's a lot of pressure to get it right. Explore how an IT RFP can help you select the perfect vendor. In addition, explore steps for writing your RFP for information technology, key terminology and templates to get you started. The post How to issue an IT RFP: Tips, templates and examples appeared first on RFP360.

article thumbnail

DuPont CPO Gonzalez on geopolitical risks, building relationships and prioritising amid the polycrisis

Procurement Leaders

Miguel Gonzalez is no stranger to choppy waters. Long before he embarked on his career in procurement, the CPO of multinational chemicals behemoth DuPont spent six years in the Spanish Navy before his circumstances changed and he came to realise life at sea was not conducive to raising a family. “I thought that was going to be my career. But, I met my wife, we got married and had a kid, and I realised that being in the navy and having a family were not compatible, so I quit,” he tells Proc

Risk 130
article thumbnail

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.