Sat.Aug 27, 2022 - Fri.Sep 02, 2022

article thumbnail

Managing Returns: 5 Factors to Review Before Implementing Your Returns Strategy

All Things Supply Chain

Your eCommerce returns policy is critical to convincing consumers to click the Buy button.

Strategy 264
article thumbnail

Procurement vs. purchasing vs. sourcing differences

RPF360

When you’re buying for your business, what do you call it? It seems like an easy question, but there are a lot of terms that refer to this process. On the surface, they all seem to mean the same thing. Some call it procurement. Others say purchasing. And, still others call it sourcing. Knowing [.]. The post Procurement vs. purchasing vs. sourcing differences 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

How AI Technology Can Improve Inventory Management

Supply Chain Brain

There’s a pressing need to make inventory management more flexible, resilient and stable. Many companies are turning to artificial intelligence as a solution.

Inventory 144
article thumbnail

Automakers race to build EV battery supply chains in North America

Supply Chain Dive

Auto companies are pouring billions of dollars into new facilities and supplier agreements as they strain to secure needed raw materials.

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

[Pod] Procurement 6 – September 02, 2022

Art of Procurement

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 – September 02, 2022 appeared first on Art of Procurement.

article thumbnail

What we have learned from the most severe supply chain cyberattacks this past year

Spend Matters

Categories: Sponsored Article , Supplier Management , supplier networks , Supply Chain Management Tags: Sponsored Article In the modern world of business, outsourcing has become increasingly popular due to its multitude of benefits; from cost-saving to accessing specialized skill sets and resources. Every major business is therefore likely to be part of a complex supply chain of third parties that depend on the delivery from one another.

More Trending

article thumbnail

Union Pacific reports service improvements after months of congestion

Supply Chain Dive

The railroad is still asking shippers to limit the number of private cars on its network to build on positive momentum.

article thumbnail

Interim Insight

Procurement Heads

What are the benefits of hiring an interim procurement professional? Interim procurement practitioners are predominately highly experienced individuals who have made a conscious decision to deliver project-based or programme-related outcomes. Due to their extensive knowledge and ability to ‘parachute’ into organisations at short notice, interim hires are an attractive offering for many businesses in need of immediate support.

article thumbnail

An Introduction to Contract Management: How does it Work?

ProcurePort

• If you’re looking for ways to manage spending and improve your profit base you cannot afford to overlook contract management. • You see, according to analysts from PricewaterhouseCoopers, effective contract management can save businesses up to 2% of their annual costs. And without an efficient contract management strategy, companies stand to lose 9.2% of […].

article thumbnail

E-Invoicing — Everything You Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. E-Invoicing — Everything You Should Know. E-invoicing changes the way payments and billings in procurement are done. It has been around for a long time and now it gets the spotlight that it deserves. However, we are sure that not all of you know about this.

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

FDA takes N95 respirators off medical device shortage list

Supply Chain Dive

Respirators were one of the first medical devices identified as being in critical shortage during the COVID-19 public health emergency, the agency said.

133
133
article thumbnail

Head2Head with Peter Aves

Procurement Heads

Tell us a bit about your background. I am the Chief Finance and Operations Officer at Pool Re. I am now actually the longest-serving member of staff at Pool Re and have been here for 13 years. I am a chartered accountant, before joining Pool Re I had a number of roles, none of which were in insurance, I kind of fell into the role here. My main role here is primarily that of being a CFO, but one of the things I like about it here is that it is a fairly small business so we tend to have quite broa

Contract 130
article thumbnail

Analytics in Procurement: The Ultimate Guide in 2022

ProcurePort

• The use of data for decision-making has grown extensively over the last decade. Leaps in data use and data leverage are courtesy of new technological developments in spheres like cloud computing, big data, analytics, and automation platforms. • Procurement analytics simply relates to how organizations use big data in terms of procurement spend analytics […].

article thumbnail

AI and ME – The Future of Technologically Assisted Decision Making

All Things Supply Chain

The conflict between the tried and tested and the new technology is something we encounter on a regular basis.

130
130
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

Bridgestone announces $550M plant expansion to meet demand for smart tires

Supply Chain Dive

The expansion will pave the way for the company to scale production of tires equipped with RFID tags.

Demand 132
article thumbnail

E-Procurement — Everything You Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. E-Procurement — Everything You Should Know. E-procurement has been adopted by many organizations as it simplifies the process of procurement. However, even if many people heard about it, many are still left wondering what it is. .

article thumbnail

6 Smart Goals Examples for Procurement

ProcurePort

• Every organization aims to use its purchasing power to maximize value from its procurement undertakings. However, procurement is a complex undertaking with so many variables that affect the outcome. • The business must remain alive to competitor actions, the regulatory environment, market price changes, and even the political environment. Internally, there are issues such […].

article thumbnail

Can Blockchain Cut Its Ties to Cryptocurrency?

Supply Chain Brain

Does blockchain truly hold promise for creating a more efficient supply chain, or will it be dragged down by the lead weight known as Bitcoin? .

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

Amazon rolls out delivery route algorithm to reduce miles driven

Supply Chain Dive

The e-commerce giant has deployed its “CONDOR” program nationwide after introducing it in January.

132
132
article thumbnail

E-Tendering — Everything You Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. E-Tendering — Everything You Should Know. E-tendering is used by many companies as it helps them to find the best suppliers for upcoming purchases at the right price. But, how is e-tender done by professionals? In this article, we will talk about e-tendering and how it works.

article thumbnail

6 Key Components of Business Network Security!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Avoiding these 6 Cybersecurity Tips Might Harm Your Business! Everything on the internet is interconnected. Despite some firms having barred others from gaining access to their networks through firewalls and authentication procedures, computer geniuses still find a way to get past these obstacles and penetrate seemingly ironclad cybersecurity network security infrastructures.

article thumbnail

Cybersecurity and Supply Chain Risk: Time for Action

Supply Chain Brain

Lone hackers, rogue nations and cybercrime syndicates have a big agenda in common: Alone or collectively, they can bring the global supply chain to its knees.

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.

article thumbnail

Maersk abandons $1B sale of container business after DOJ investigation

Supply Chain Dive

Regulators were concerned that a sale to China International Marine Containers would have led to higher prices and less supply chain resiliency.

article thumbnail

Negotiation Speaker 2022 – 10 Most Popular Experts

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. Negotiation Speaker 2022 – 10 Most Popular Experts. Many negotiation professionals attend seminars and conferences to be uplifted and learn new things in their profession through negotiation speakers. In this article, we will check some negotiation speakers that you can listen to and be inspired by their journey regarding negotiation. .

article thumbnail

Episode 80: What is – and is NOT – in the Inflation Reduction Act with Kris Lance

Una

Episode 80: What is (and is NOT) in the Inflation Reduction Act with Kris Lance. By Kelly Barner | August 31, 2022. Business leaders and decision makers and constantly in a race to keep up with the pace of change. That includes the competitive landscape, economic trends, and new legislation. Case in point: The Inflation Reduction Act of 2022. Despite its name, legislators on both sides of the aisle agree that this law is not about reducing inflation.

article thumbnail

Honda, LG Set to Build $4.4 Billion EV Battery Plant in U.S.

Supply Chain Brain

Honda Motor Co. and South Korean battery maker LG Energy Solution Ltd. will spend $4.4 billion to build a new battery plant in the U.S. as the Japanese carmaker seeks to phase out fossil-fuel vehicles completely by 2040.

105
105
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

UPS peak surcharges to affect large shippers expecting strong holiday demand

Supply Chain Dive

The fee follows FedEx and the Postal Service announcing their own cost hikes.

Demand 126
article thumbnail

Total Cost of Ownership Procurement Model Failure – What’s Missing?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Single Point of Failure in Supply Chain – Semiconductor Fabrication! Many businesses use some form of Total Cost of Ownership model to support their Procurement and sourcing decisions. In fact these models are not just used casually, but they often are designed to inform and make optimal sourcing choices.

article thumbnail

How Do GPOs Make Money?

Una

What's a GPO and How Do GPOs Make Money? By Mackenzie Oakley | September 1, 2022. Group purchasing remains one of procurement’s best-kept secrets. Not because the concept is new, but because inaccurate, preconceived notions surrounding the concept of group purchasing still exist in the sourcing world today. Some procurement professionals are concerned that a group purchasing organization , or GPO, won’t be able to accommodate their unique requirements.

article thumbnail

Best Buy Says Supply-Chain Strains Are Improving Heading Into Fall

Supply Chain Brain

Consumer-electronics retailer Best Buy added to the mounting signs of ample capacity and receding freight rates, with a note that transportation markets are “stabilizing and moderating” heading into the fall peak season.

article thumbnail

From Rigid To Resilient: Why Enterprises Need Modular Commerce Now

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.