June, 2022

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Everything You Need to Know About the Infant Formula Supply Chain Shortage

All Things Supply Chain

The continuing effects of the global coronavirus pandemic are being felt in unexpected ways. Across the United States right now, desperate parents are coping with a nationwide baby formula shortage.

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What Steps Are Included in the Procurement Process to Ensure Quality?

ProcurePort

• The goal of procurement is to keep up with an organization’s emerging product and supply chain needs to meet the business’s end goals. • Procurement is a strategic process involving identifying, selecting, negotiating, and settling contracts with suppliers. But what is the purpose of procurement? • Procurement aims to purchase the highest-quality products at […].

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Managed print services RFP: Guide, tips and template

RPF360

Explore this blog to learn about selecting a managed print services provider. From key definitions, how to use RFP software to help, a template and to how to write a managed print services RFP, you'll find what you need here. The post Managed print services RFP: Guide, tips and template appeared first on RFP360.

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‘Emission’ Impossible – 4 Steps to Kickoff your Decarbonization Strategy

ivalua

In recent years, sustainability has increasingly become a top priority for many organizations. The UN Climate Change Conference UK 2021 (COP26) resulted in another wave of agreements and net zero commitments. Many businesses, governments, and consumers are now acutely aware of the importance of taking action to prevent climate change. One of the UK’s net zero pledges requires listed UK businesses to release public plans for reaching climate change targets by 2023.

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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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CPO Spotlight: Richard Trower

Procurement Heads

According to Raconteur’s report in The Sunday Times on the Future of Supply Chain & Procurement, constant problems in the supply chain have proved a real headache for many businesses over the past two years. And, as firms struggle to deal with a succession of disruptions, the role of the CPO is becoming even more important, with a share of CPOs citing the below activities as focus areas (American Productivity & Quality Center, 2022): 42% Vendor/supplier relationship management 29%

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World Procurement Congress & Awards 2022 – back with a bang!

Procurement Leaders

The power of real-life connection is very hard to beat. As I reflect on a few days onsite, there is one word that comes to mind: celebration , with figurative and literal fireworks all round. We are quickly becoming familiar with a landscape of political, economic, social and climate unrest, plus unpredictable global events. Our world is tumultuous to put it mildly, so challenging the status quo can seem scary.

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What’s Inspiring Supply Chain Leaders Now

ProcurePort

• The coronavirus pandemic is nearly over. Global supply chains are gradually getting back to their former efficiency and economies are beginning to pick up. • All of this is of course welcome news for a lot of supply chain leaders for whom the past two years have been nothing short of a nightmare. With […]. The post What’s Inspiring Supply Chain Leaders Now appeared first on ProcurePort Blog.

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Impact investing: RFP tips for institutional investors

RPF360

Investment committees and institutional investors can designate a subset of their assets to influence and enable social change. Explore how to get started with an impact investing RFP including information about the practice, how to use RFP technology to enable you and questions to include in your next asset management RFP. The post Impact investing: RFP tips for institutional investors appeared first on RFP360.

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Ivalua Partners With C2FO to Complete the Strategic Payments Journey and Enhance Access to Capital

ivalua

By connecting with C2FO’s network, the partnership will enable Ivalua customers to more intelligently control and manage cash flows, driving growth and better supporting their suppliers. Redwood City, CA, June 28, 2022 – Ivalua, a global leader in Cloud Spend Management solutions, today announced a strategic partnership with C2FO , the largest global platform for working capital, to empower Ivalua customers with enhanced supplier selection and the ability to streamline costs and drive targeted b

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Procurement Heads announce new strategic partnership

Procurement Heads

Sarah Walters, Director of Aster , said, “This is a particularly exciting partnership for Aster as we feel there is a great cultural fit between ourselves and the amazing team at Procurement Heads. . “We share the ethos that our clients are at the heart of everything we do and both organisations are set up to provide a depth and breadth of expertise and capabilities that ensure we can meet their needs.” .

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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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How to get a job in procurement

ABC of Procurement

Many people got laid off during the Pandemic. Many still struggle to get a new job. Here is what I noticed, both as a job seeker and hiring manager. The post How to get a job in procurement first appeared on ABC of Procurement.

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The future of Hybrid Working in Supply Chain

All Things Supply Chain

Since the pandemic started, hybrid work models had to be adopted by companies in all kinds of industries.

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How to Overcome the Top 3 Challenges to an Effective Digital Supply Chain

ProcurePort

• In many companies, customer-facing activities have been digitized much faster than supply chain operations. The procurement of maintenance, repair, and operation items for manufacturing enterprises and inventory for trading companies can benefit immensely from digitization. • Other functions such as financial analysis, human resource management, and customer service have improved massively from the insights […].

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RFP360 ascends to a leading position in G2’s Grid for Strategic Sourcing

RPF360

RFP360 has been named a leader and momentum leader in the Summer 2022 G2 Grid Reports. The honor is based on customer feedback and market presence. Customer reviews highlight RFP360's benefits including improved efficiency, increased productivity and enhanced collaboration. Read more in the full press release here. The post RFP360 ascends to a leading position in G2’s Grid for Strategic Sourcing 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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It Pays to Partner! Ivalua + C2FO: A Powerful Strategic Payments Pair

ivalua

With new accelerated payment capabilities, users can more readily capture supplier discounts, support growth, and strengthen the supply chain. . It Pays to Partner! Read our FAQ to get acquainted with our newest C2FO Partner collaboration! Why is this new C2FO partnership important? Ivalua: The C2FO partnership offers expansive growth and liquidity opportunities to our customers.

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Interim Talent Spotlight #4

Procurement Heads

My core goals are in the transformation of an organisation’s finance and purchasing processes. This ranges from category management, business process reengineering to cost management, and the implementation of end-to-end ERP systems. I’ve completed five end-to-end PTP transformations across healthcare, FM, telecoms, utilities and entertainment.

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High Speed 2’s approach to building supply chain transparency

Procurement Leaders

Challenge. HS2 is Britain’s new high speed rail line being built from London to the North-West, with zero-carbon trains linking Scotland with Manchester, Birmingham and London. It is the largest infrastructure project in Europe and the most important economic and social regeneration project in decades. HS2 Ltd. was set up by the UK Government to design and construct the railway and is responsible for procuring and coordinating a supply chain of designers and contractors to deliver billions of po

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Supply Chain Weekly Wrap-Up 06/03/2022-06/09/2022

All Things Supply Chain

Shanghai supply chain struggles start to ease but challenges remain Logistics experts have reported that activity has returned to about 80% of levels seen before Shanghai’s COVID-19 lockdowns, showing signs…

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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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Types of Sourcing Strategies in Procurement

ProcurePort

• Robust and flexible procurement strategy can help you reduce operational and logistical experiences and equally serve as a competitive advantage. • Today, supply chain and transportation costs amount to 60% to 70% of total sales, depending on the company and industry. • So, it’s advisable to put considerable time into designing a procurement strategy […].

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How to write an RFP: 5 key tips, sample RFP templates and tools

RPF360

Writing a RFP is a key business practice that allows issuers to identify the right vendor to solve their biggest challenges. But creating an effective RFP is no easy task. Fortunately, there are best practices you can follow. The post How to write an RFP: 5 key tips, sample RFP templates and tools appeared first on RFP360.

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5 Strategies to Establish Supply Chain Continuity

ivalua

Get up to speed with the newest changes and learn what it takes to enable effective, scalable supplier collaboration –including how to reduce risk, improve supply chain visibility, and build operational resilience and responsiveness. Ivalua’s latest eBook is the foundation for a smarter, more resilient supply chain. Download now and learn how to: Build a Solid Data Foundation.

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The Big Interview with Gavin Long

Procurement Heads

How did you get into procurement? Quite some years ago, fresh out of school, I took the first job that was offered to me having moved down to the south coast and it was in the insurance industry. I was busy learning how to do household claims and gradually started to look around and wonder if there was more to life than insurance! I gradually learned more about the supply chain that supported the insurance industry and that companies were being used to dry out properties when there had been a fl

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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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PMI’s approach to collaborating cross-functionally to transform its new product strategy

Procurement Leaders

Challenge. Procurement teams can have all the right people, skills, systems and processes in place, but without the right connections and relationships with the rest of the business the function can still fail to meet its potential and deliver against the needs of the wider organisation. That was a challenge identified by the procurement team at the electronics division of Philip Morris International (PMI).

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How to Minimize Disruptions in the Supply Chain When Upgrading Technology

All Things Supply Chain

Technology upgrades can provide various benefits and may be necessary to stay ahead of the competition. However, new systems and tools can also disrupt daily operations.

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5 Ways to Measure Purchasing Performance

ProcurePort

• Purchasing performance measurement is incredibly important for organizations. A cost reduction in procuring new goods and services can allow enterprises to position their end products and services competitively, thus impacting the bottom line. • In recent years, procurement teams have played a strategic role in most organizations. A key driver of this shift has […].

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IT procurement guide: How to, tips and templates

RPF360

IT procurement is a mission-critical function in any organization -- but how can you be sure you're selecting the right vendor? Explore how to easily compare vendors, functionality and more using the RFP process paired with RFP management software. The post IT procurement guide: How to, tips and templates appeared first on RFP360.

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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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Migros, A World’s Top 40 Retailer, Selects Ivalua to Digitize its Indirect Source-to-Pay Process

ivalua

Redwood City, 22 May, 2022. Ivalua, a global leader in spend management , today announced that it has been selected by Switzerland’s Migros Cooperative Retailing to support its wider digital transformation strategy with Ivalua’s comprehensive source-to-pay (S2P) solution for the retailers’ indirect spend. Migros is Switzerland’s largest retailer and employer and ranks among the world’s top 40 retailers and Fortune500 brands.

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Jobs being created as Heads Resourcing moves to new Hedge End home

Procurement Heads

Heads Resourcing Group, which comprises of Procurement Heads, HR Heads and Executive Heads, is expecting to double its team following the move after 18 months of continued success. The company, which was founded in 2008, will continue to retain its office presence in Winchester. Rupert Gaster, Founder and Managing Director of Heads Resourcing Group, said, “The new office at Burlington House in Hedge End is a great space for the team to collaborate and grow together.

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PMI’s approach to functional transformation to support a smoke-free future

Procurement Leaders

Challenge. In 2016, Philip Morris International (PMI) first announced its commitment to a ‘smoke-free future’. This involved the company aiming to shift at least 40 million of its adult customers from cigarettes and other combustible tobacco products to smoke-free alternatives by 2025. In March 2021, the company announced an ambition for smoke-free products to account for more than 50% of its total net revenues, also by 2025.

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12 Supply Chain Influencers you should follow on social media

All Things Supply Chain

In the world of supply chain, turning to social media to keep up to date on the latest trends has become more common over time, as followers want to see…

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

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.