Sat.Nov 19, 2022 - Fri.Nov 25, 2022

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Corporate Social Responsibility in Procurement — Everything a Procurement Professional Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. Corporate Social Responsibility in Procurement — Everything a Procurement Professional Should Know. Corporate social responsibility (CSR) is adopted by many businesses. However, what is its impact on procurement? . In this article, we will discuss what corporate social responsibility and sustainable procurement are.

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Supply Chain Weekly Wrap-Up 11/18/2022-11/24/2022

All Things Supply Chain

China-Russia rail bridge is finally open The first rail bridge connecting Russia and China is finally up running.

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The lost truck – a Supply Chain story

ABC of Procurement

Here is a story I would like to share with you from my career. This one is on how I lost a truck full of goods. The post The lost truck – a Supply Chain story first appeared on ABC of Procurement.

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7 Procurement Cost Reduction Ideas

Procurement Templates

Renegotiate existing agreements – are you using agreements to its full effect, if you are not using them or they no longer serve a purpose terminate them. Monitor cost, use an invoice checking company to look for errors where money can be re-claimed. Is the specification over engineered, do you need a rolls royce compared to a mini, are things sufficiently clear to avoid scope creep.

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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets.

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What Government Contractors Should Know About the 2022 Recession

Procurement Tactics

33 Procurement Interview Questions in 2022. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. What Government Contractors Should Know About the 2022 Recession. Decreases in U.S. gross domestic product (GDP) have spurred forecasts for a recession in 2022. However, the country won’t officially be in a recession unless it’s announced by economists in the Business Cycle Dating Committee. .

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What Steps Can Warehouse Managers Take to Prepare for the Holiday Season?

All Things Supply Chain

Warehouse management teams know the holidays are a time of joy and challenges.

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Elon Musk Rules

Procurement Templates

1) Avoid large meetings. According to Musk, “excessive meetings are the blight of big companies and almost always get worse over time.” To make meetings more effective Musk suggests fewer of them unless there’s an urgent matter to address. 2) Leave a meeting if you’re not contributing. Similar to rule one, if an employee finds they cannot contribute successfully to a meeting then they should be allowed to leave with no repercussions. “It is not rude to leave, it is rude t

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Responsible Sourcing — Everything You Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. Responsible Sourcing — Everything You Should Know. Responsible sourcing requires a shift from the traditional way companies source their needs. However, what is responsible sourcing? This article will discuss what responsible sourcing is.

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Ocean carriers plan to reduce capacity as demand falls

Supply Chain Dive

Maersk, Zim and Matson are rightsizing capacity across several trade lanes, including some Transpacific routes affected by cargo diversions.

Demand 123
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[Pod] The Great Procurement Talent Reshuffling w/ Joe Payne and Jennifer Ulrich

Art of Procurement

“The stigma associated with outsourcing is from bad experiences. I think so many people have hired an outside firm with. The post [Pod] The Great Procurement Talent Reshuffling w/ Joe Payne and Jennifer Ulrich appeared first on Art of Procurement.

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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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5 Strategies for a Successful Merger or Acquisition!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. An Acquisition Gone Wrong! A Coup D’Etat in the Boardroom! When two companies decide to combine their talent and resources in order to engage in larger markets, you will often find that a merger is on the table. If you’re looking at a future where your company will be a part of a merger or acquisition, then you might worry about how to navigate the process.

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Sustainable Business — Everything You Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. Sustainable Business — Everything You Should Know. Sustainable business is embraced by many big companies as consumers are more concerned about the ethical standards of companies in making and operating their business. However, what is a sustainable business?

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Ensuring Supply Chain Success in the Face of Climate Change

Supply Chain Brain

Between droughts, floods, fires and violent storms, climate change is already impacting ports, highways and factories, and worsening conditions will increase the pressures felt on the supply chain. .

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Impact of Drought in Mississippi on Inland Water Transport and Supply Chain

Sourcing and Supply Chain

Logistics has been an indispensable part of the Supply Chain, generally known and seen as a cost centre. Organizations and Nations have been deploying strategies to reduce logistics costs to a minimal percentage of the total material and supply chain costs globally. Multi-modal strategies involve a combination of Road, Rail, Air, Ocean, and Inland Water Transportation that has been vital to reducing costs and meeting delivery schedules without impacting the quality of material being shipped.

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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 Manage Credit Card Debt!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Top Considerations in Credit Card Consolidation. They make it so easy, don’t they? Those credit cards. Many of us have a dysfunctional relationship with them. We both appreciate and resent them for their ease of use and convenience. It certainly is easy to overuse them. Effectively managing credit card balances is more than a notion.

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[Pod] Procurement 6 – November 25th, 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 – November 25th, 2022 appeared first on Art of Procurement.

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Fighting Gender Pay Inequality in Procurement and Supply Chain

Supply Chain Brain

It's critical for women working in procurement and supply chain to know their own worth so they will be better able to negotiate improved financial outcomes for themselves.

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GlobalFoundries appoints former Cisco exec as head of supply chain

Supply Chain Dive

The move comes as the chipmaker, in partnership with Qualcomm, will spend $4.2 billion to expand its New York facility.

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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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How do you “Mine” Crypto?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Understanding the Bitcoin Mining Process! The cryptocurrency industry has exploded in recent years. While many have spoken of the bubble bursting, the trade is still very much alive and kicking. One aspect of the industry that plays a vital role in its success is crypto mining. In this guide, we’ll explain what the mining process involves, whether or not it’s a tough thing to do, and if you do want to give it a try, we’ll exp

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UPS and Fedex Raise Rates

Procurement Bulletin

UPS and Fedex Raise Rates. Despite evidence of slowing shipping demand, UPS and Fedex announced they will raise rates by about 6.9%. That doesn’t include other potential additional increases in shipping costs. Seems like another gut-punch to shippers. Saffron Made in Texas. Iran is the world’s largest producer of Saffron, one of the world’s most expensive spice.

Demand 84
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Is Moving Manufacturing from China to Mexico a Sound Risk-Reduction Strategy?

Supply Chain Brain

The push toward nearshoring comes as global supply chains are scrutinizing their supply chains like never before — and with good reason.

Risk 119
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Macy’s establishes mini distribution centers at 35 stores

Supply Chain Dive

The conversions, totaling around 1 million square feet of space, give the retailer a closer delivery presence to customers.

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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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11 Things to Know About International Shipping!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Importance of the International Shipping Industry! As e-commerce has grown in popularity, so has international shipping. Since this new system allows you to buy goods from other countries, you must know all about international shipping, from what to expect when shipping from another country to avoiding fraud.

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Nike Feels the Squeeze

Procurement Bulletin

Nike Feels Squeeze by Strong Dollar. Companies that make sales internationally but have a base currency of USD usually don’t like to see too strong a US dollar. As the US dollar is currently so strong, it’s hitting the bottom line of companies such as Nike. Lumber Prices Come Back Down to Earth. During the pandemic and supply chain crisis of the recent two years, builders saw sky high lumber prices, but now that supply chains are easing, lumber prices are coming back down to pre-pand

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Watch: What to Do When Online Orders Go Through the Roof

Supply Chain Brain

Online orders skyrocketed during the pandemic, and many third-party logistics providers were not ready, according to Robert Liva, senior channel manager at Pierbridge and Martin Hespeler, vice president of sales at Microlistics, both adjacent technologies at Wisetech Global Group.

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Target adds larger store format with focus on fulfillment and e-commerce

Supply Chain Dive

The concept is 20,000 square feet larger than the company average, with more space for pickup services, fulfillment and merchandise.

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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.

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7 Things to Consider When Planning a Fundraising Campaign!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Crowdfunding Fulfillment Solutions: Things You Should Know About. A fundraising campaign has to be strategically executed. This assertion is not necessarily about doing some complex things. It simply has to do with keeping minute details in sight while seeing the big picture – a good (fundraising) return.

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Constraint-Based Supply Planning & Execution

The Network Effect

The post Constraint-Based Supply Planning & Execution appeared first on The Network Effect.

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Tracking ESG Goals Through the Supply Chain

Supply Chain Brain

Corporate leaders are looking to their supply chains for opportunities to work toward environmental, social and governance (ESG) goals. .

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The ‘ship backup has ended’ at Los Angeles, Long Beach ports

Supply Chain Dive

Lower demand as a result of cargo shifting to the East Coast has helped clear the 25-month backlog.

Demand 112
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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