Sat.Sep 03, 2022 - Fri.Sep 09, 2022

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Operational Procurement — Everything You Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. Or receive our famous weekly newsletter. Operational Procurement — Everything You Should Know. Operational procurement sustains every business to do its daily operation. But many people are not familiar with this term. . Do not worry if you do not know operational procurement as this article will help you understand it.

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The RFP process: The ultimate step-by-step guide

RPF360

While incredibly important, the RFP process is often complex and time-consuming. But with the right approach and resources, you can speed up the process and feel more confident managing RFPs. The post The RFP process: The ultimate step-by-step guide appeared first on RFP360.

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Talent emerges as the key to unlocking procurement’s potential

Procurement Leaders

Speakers and panellists took to the stage at this year’s World Procurement Congress (WPC) in London accompanied by the thumping strains of the Rolling Stones’ ‘Paint It Black’ Given the events roiling the supply chain at the time, the rock’n roll veterans’ ‘You Can’t Always Get What You Want’ might have been a more appropriate soundtrack.

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How to Manage Supplier Risk and Performance in an Uncertain Global Economy

ivalua

Originally published on Risk Management Monitor. Essentially every company that manufactures goods today depends on other companies to supply the raw or value-added materials that go into their finished products. Most companies recognize that good supplier relationships are more than simply arm’s length transactions between opposing parties. A better way of looking at those relationships is as partnerships—albeit ones that require management and alignment of objectives first and foremost, but ul

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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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Sustainable Procurement — The Ultimate Guide of 2022

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. Or receive our famous weekly newsletter. Sustainable Procurement — The Ultimate Guide of 2022. Sustainable procurement is becoming vital as demands continue to rise. Of course, it is no secret that the world is focused on sustainability. Everyone wants to be assured that the goods or services they need are accessible with no inconvenience.

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Strategic Procurement and Supply Chain Management: What is it?

ProcurePort

• Strategic procurement refers to a long-term plan to enhance the supply of specific goods and services essential to meeting an organization’s core objectives. • Strategic procurement captures a range of activities aimed at reducing costs, minimizing the supplier base, improving communications, and handling negotiations with various stakeholders – especially vendors.

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Imerys selects Ivalua to improve its supplier management processes and support its global purchasing digital transformation roadmap

ivalua

The global industrial minerals group will deploy Ivalua’s Spend Management platform across five continents to digitize the Source-to-Requisition (S2R) process. Redwood City, CA, September 7, 2022. Ivalua, a global leader in spend management , today announced that Imerys, a multinational company specializing in industrial minerals solutions , has chosen Ivalua to streamline its indirect and direct spend management processes.

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Kraljic Matrix — Everything You Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. Or receive our famous weekly newsletter. Kraljic Matrix — Everything You Should Know. The Kraljic matrix is used by organizations to help them work smartly with their suppliers. However, we are sure that not all procurement professionals have heard this matrix.

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What is the Process of Contract Management

ProcurePort

• Contracts are legally binding documents. As such, the process that governs their creation, execution, and reviewal – i.e. contract management is an integral function of any organization. • An efficient contract management process can mitigate contract administration costs by 40%, facilitate contract renewals with better terms and conditions, and improve relations with your vendors. […].

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How to Find the Right Facility for Your Supply Chain Needs

All Things Supply Chain

Warehousing plays a major role in maintaining a speedy, efficient and seamless supply chain in today’s fast-paced business environment.

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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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Supply Chain's Moment of Truth Has Arrived! - Supply Chain Game Changer™

Supply Chain Game Changer

As we emerge from the pandemic Supply Chain is facing its moment of truth. Do we go back to old ways or start the Supply Chain Renaissance.?

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Managing A Procurement Team – Definitive Guide

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. Or receive our famous weekly newsletter. Managing A Procurement Team – Definitive Guide. Managing a procurement team is difficult. You have this new wave of procurement professionals coming your way with different ideals and perspectives due to the generation gap.

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How To Build an Effective Procurement Strategy

ProcurePort

• Procurement is a complex undertaking for organizations and requires a careful strategy to ensure it aligns with and supports the overall corporate strategy. The importance of procurement has increased over the past few decades, as demands for firms to be more efficient have increased. • The fact that firms can now source globally and […]. The post How To Build an Effective Procurement Strategy appeared first on ProcurePort Blog.

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Episode 81: How to Persuade Anyone, Anytime with Simon Horton

Una

Episode 81: How to Persuade Anyone, Anytime with Simon Horton. By Kelly Barner | September 7, 2022. The power of persuasion is at play all the time and in all settings. Sometimes it is as simple as swaying a group of friends to agree with your restaurant preference, but other times there is far more at stake. Hostage negotiators and diplomats regularly find themselves in situations where their skills are needed to save lives and preserve stability.

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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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Podcast | Five Steps to Building a Resilient Supply Chain

Supply Chain Brain

So you’ve locked in your supply chain plan and network design? Good luck with that. In today’s global supply chains, unpredictability has become — well, predictable.

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Spot Buying — 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. Spot Buying — Everything You Should Know. We are sure that many of you have heard the term spot buying. However, not all of the people who heard it know what spot buying is. . For this article, we will discuss the definition of spot buying.

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Safety issues incubate disaster in food and beverage supply chains

Supply Chain Dive

An Abbott formula recall and a Family Dollar rodent infestation underscore how systematic failures can compromise safety.

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Challenges And Opportunities In The Food & Beverage Industry

The Thomas Blog

The Food and Beverage Services Global Market Report expects the global market to grow from $3.2 trillion in 2021 to $3.7 trillion in 2022. It's a promising outlook, given that just a few years ago, Fortune reported an $18 billion loss for the top 25 U.S. food and beverage companies. As the newer generations move away from processed foods in favor of seeking healthier alternatives with cleaner labels, companies are adapting and pressing forward — t hat trend continues to grow at an excessive pace

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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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Supply Chain Problems Are Getting Worse, Not Better, for U.S. Food Retailers

Supply Chain Brain

A survey from the Food Industry Association found that 70% of retailers said supply chain disruptions are negatively impacting their business, up from 42% the year before.

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The complete guide to corporate travel management

Spendesk

Business travel can be hellish to manage. With employees flying all over the world, there are flights to book, accommodation to arrange, and an endless list of miscellaneous costs and tasks to keep on top of.

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Ousted contractor launches vote of no confidence in FedEx Ground CEO

Supply Chain Dive

Delivery providers are also being asked about contract renegotiations, business profitability and if they fear retaliation over dissenting views.

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Leveraging Lean Procurement

Una

Leveraging Lean Procurement. By Hugo Britt | September 6, 2022. Have you ever been asked to “do more with less” in procurement? Perhaps the size of your team has been reduced, your function’s operating budget has been cut, or there is an organization-wide drive to eliminate waste and increase efficiency. No matter the reason, you’re faced with a pressing challenge – how are you going to maintain or increase productivity with fewer resources?

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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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Port Stoppages Are Targets for Cargo Thieves. Here’s How to Fight Back

Supply Chain Brain

When cargo is at rest, it’s also at risk. As disruptions such as strikes at major U.K. ports continue, shippers are scrambling to keep cargo moving so it’s harder to steal.

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What are Autonomous Robots?? 8 Applications for Today’s AMRs

Let's Talk Supply Chain

What is autonomy? For humans, autonomy is what allows us to do tasks, like walking, talking, waving, opening doors, pushing buttons, and changing light bulbs. In robots, autonomy is no different. Autonomous robots, just like humans, can also make their own decisions and then perform an action accordingly.?A truly autonomous robot?is one that can?perceive?

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Bird flu hits turkey supply ahead of Thanksgiving

Supply Chain Dive

More than 600,000 of the birds have been affected since mid-July as farmers start raising turkeys for the November holiday.

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Making Use of Digital Money!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Is Bitcoin or Ethereum Digital Currency Right for You? Any cash or transaction that solely exists as electronically stored is referred to as electronic cash or digital money. Virtual currency does not exist in a physical form like paper, cheques, or coins. Instead, it is tracked and transmitted via computerized electrical identifiers.

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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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Building Resilience and Managing Risk in the Global Supply Chain

Supply Chain Brain

Supply chain managers need access to real-time information about all variables in the supply chain, which means they need unprecedented levels of transparency. .

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293: Tomorrow’s Insights Delivered Today: Engineer Contract Success

Let's Talk Supply Chain

It’s the fourth and final episode of our Sifted mini-series! Last week in episode three, I was joined by Caleb Nelson, Chief Growth Officer, to talk all about Sifted’s Parcel Audit solution for shippers; how it can identify and recover lost revenue; how the boom in ecommerce has impacted shippers; and the power of strategic automation. And today in episode four, we’ll be turning our attention to Sifted’s Contract Management Suite.

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Why training must be engaging to be effective

Supply Chain Dive

Fundamentally, engagement is the key to effective training, which is why we follow three key steps that guarantee effective, lasting training for every employee.

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5 Actions to Improve the Workflow of Your Fleet!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Insights for Managing Your Fleet Strategy! Many businesses rely on vehicle fleets to deliver their products or services to customers. For this reason, an efficient, well-organized fleet is key to maintaining a good workflow. While there are many things businesses can do to improve the workflow of their vehicle fleets, one of the most important is to have a vehicle tracking system.

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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