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For this week’s opinion piece, I’m looking at a recent article from Procurious. It comments on some data that was released by LinkedIn, showing that there are an increasing number of supply chain professionals and procurement managers who are quitting their jobs. If I quote the article: According to data released by LinkedIn to Bloomberg, in 2020-2021, the average number of supply chain managers who left their jobs, called the ‘separation rate’, increased by 28%.
In recent years, technology advancements such as automation, connectivity, and data analytics have provided opportunities for the supply chain industry to make genuine breakthroughs.
Pain Points in Procurement Series The Procurement Talent Shortage Discover ways to rectify the procurement talent shortage by attracting and keeping top sourcing candidates. By Hugo Britt | February 28, 2023 Search Welcome to Una’s Pain Points in Procuremenet series. Each week, the Una team will explore one of ten common pain points impacting procurement today, and put forth actionable solutions to each of these challenges.
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Conditional Proposals — The Ultimate Guide Conditional proposals can help you avoid giving something too important for you, especially if the other party does not want to compromise. However, how to utilize it? For this article, we are going to tackle what a conditional proposal is.
“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.
As businesses work to recover from the pandemic, they are now facing a new wave of economic uncertainty that will test the resilience of their CFOs. In recent years, the role of the CFO has expanded to encompass a more strategic and transformational focus, requiring more collaboration with the C-Suite, and serving as a trusted advisor to the CEO. In addition to traditional financial responsibilities, CFOs must also drive talent acquisition and retention, automation, technology, digital operation
China calls out Australia after rare material deal is blocked China has called out the Australian government for blocking a bid by a Chinese-linked company to boost its ownership in…
There are thousands of recruitment agencies out there, each offering a different set of services and level of expertise. Hayley Packham , Procurement Heads ‘ Operations Director, shares some key factors to consider when choosing a recruitment agency. Specialisation The first thing to consider when choosing a recruitment agency is its specialisation.
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
There are thousands of recruitment agencies out there, each offering a different set of services and level of expertise. Hayley Packham , Procurement Heads ‘ Operations Director, shares some key factors to consider when choosing a recruitment agency. Specialisation The first thing to consider when choosing a recruitment agency is its specialisation.
The vendor selection process is stressful, but these easy steps can help make it more manageable. Explore vendor selection criteria, weighted scoring basics and best practices from our friends at Lockton Companies HR Technology and Outsourcing. The post Vendor selection process: Reduce stress with these pro tips appeared first on RFP360.
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.
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.
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
For Procurement Heads ‘ latest CPO Spotlight, James Dobbin caught up with Jeremy to hear how much has changed at 4C. Since our last conversation as part of our Big Interview series, how much has changed for you personally and at 4C? I guess personally the biggest change, personally, is that I was recently promoted to Managing Director. That has been interesting, in a good way.
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
EPISODE 104 Leveraging the Power of a Procurement Task Force with Harold Hendrickx By Kelly Barner | March 1, 2023 With the last few years being as unpredictable as they have been, procurement has experienced a number of mindset shifts – all of which have increased our agility and resilience. In fact, procurement has undergone so many changes that comparisons to the approaches and team models seen in military settings are not out of line.
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.
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.
Categories: Conferences , CSR , Procurement Strategy & Planning Tags: Conferences and Events To help Procurement cut through the minefield of vendors in the market and get straight to a shortlist of relevant solution providers, Spend Matters analysts need to discover and get to know as many vendors as possible across a multitude of categories from sourcing through to payments, from established players through to emerging ones.
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.
Europe Turns Gas Crisis Into Renewable Energy Revolution In an amazing display of action, Europe has turned its gas crisis from just a year ago into a revolution of clean energy. At the end of 2022, Europe’s combined renewable energy production (wind and solar) overtook natural gas. Breakthrough in Battery Recycling One of the biggest criticisms of electric vehicles (I own one!
Descartes studied 1,000 supply chain and logistics executives in North America and Europe, to determine where they’re placing their innovation emphasis and technology deployment focus.
Procurement 6 is a new short podcast from Art of Procurement that will be published in the Art of Procurement. The post [Pod] Procurement 6 – March 3rd, 2023 appeared first on Art of Procurement.
The U.S. is behind in its goal to capture domestic production of battery materials. Here’s what one Energy Department-backed group says needs to happen to catch up.
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.
Modern warehousing has come a long way, and technological advancements have played a significant role in the evolution of the industry. With new technologies and advances in distribution center design, modern warehouses are becoming more efficient, accurate, and cost-effective than ever before. In addition, technology integration has enhanced the efficiency and accuracy of warehousing and distribution centers, from internet-connected devices to drones and robots.
Companies are rethinking globalization and repositioning more of their operations and sourcing closer to home. Here’s how the trend is affecting supply chain design.
While UPS' priorities have shifted, Amazon’s capabilities have transformed. But both face obstacles that could complicate plans to reduce business with each other.
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
Categories: Contract Management , E-Sourcing , Procurement Systems & Architecture , Solution Providers , Technology Tags: PRO This addendum to the Spend Matters PRO Vendor Analysis for Raindrop and its source-to-pay (S2P) solution notes its newest capabilities and growth as of early 2023. Our past coverage of Raindrop has centered on the provider’s planning and source-to-contract capabilities.
Warehouse automation is gaining traction among operators of manual distribution and fulfillment centers amid demand pressures, customer expectations driving e-commerce, workforce churn and shortages, and an emerging mix of larger and more complex facilities catering to last-mile delivery.
Procurement teams need to be prepared with good reasons as to why their vendor should lower prices. Here’s what to consider before asking for lower costs.
Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón
Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how a composable approach helps modernize commerce stacks while maintaining control over critical systems.
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