Sat.Aug 24, 2024 - Fri.Aug 30, 2024

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Preliminary Market Engagement Notice

Procurement Templates

17 Preliminary market engagement notices (1) If a contracting authority carries out preliminary market engagement, the authority must— (a) publish a preliminary market engagement notice before publishing a tender notice, or (b) provide reasons for not doing so in the tender notice. (2) A “preliminary market engagement notice” means a notice setting out— (a) that the contracting authority intends to conduct, or has conducted, preliminary market engagement, and (b) any other information specified

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CPO Crunch: Why CPOs oughta start thinking about water

Procurement Leaders

Many of us take access to fresh water for granted. It’s on tap. It’s recyclable. Readily available supplies mean it’s not something we have to worry about. Yet, as CDP’s Miriam Denis Le Seve and Sonya Bhonsle told Procurement Leaders members during a recent Risk and Sustainability Cohort Call, four billion people experience severe water scarcity for at least one month each year.

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The (Lost) Art of Accepting Criticism

Art of Procurement

I’ve had a number of conversations recently about my content, not the content itself, but the process I go through. The post The (Lost) Art of Accepting Criticism appeared first on Art of Procurement.

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Improving B2B Relationships Through Better Supply Chain Practices

All Things Supply Chain

As a supply chain manager, you understand the importance of reliability.

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

Speaker: Shalini Dinesh

Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.

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Procurement Supply Chain Shocks in 2024: An Overview

Procurement Templates

The global supply chain in 2024 faces a myriad of challenges that continue to disrupt procurement processes across industries. The interplay of economic, geopolitical, environmental, and technological factors has created a volatile environment, compelling organizations to rethink their procurement strategies. In this post, we will explore the major procurement supply chain shocks in 2024, their causes, and the potential responses organizations are adopting to mitigate their impact.

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Latest research – Plotting the path to net-zero: Developing Scope 3 data capabilities

Procurement Leaders

In partnership with Emitwise: Businesses must elevate their capabilities – and those of their suppliers – to calculate supply chain emissions accurately

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IntelAgree: Vendor Analysis — Contract lifecycle management solution overview, roadmap, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of IntelAgree and its contract lifecycle management (CLM) solution. The provider offers end-to-end CLM capabilities and increasingly arises in conversations with practitioners at mid-market firms or large enterprises that are considering a CLM solution. IntelAgree focuses on using AI (including generative AI) to address contract management pain points.

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Top Reasons to Choose GEP Solutions for Procurement Needs

Procurement Freelancers

The success of an organisation depends on its ability to implement effective procurement procedures in… The post Top Reasons to Choose GEP Solutions for Procurement Needs first appeared on Procurement Blog | Procurement & Supply Chain News.

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How Tech Innovation Is Modernizing Product Repairs in the Supply Chain

Supply Chain Brain

As manufacturers strive to maintain high standards of quality and service, the intricacies of handling repairs can become a bottleneck, leading to delays, increased costs and customer dissatisfaction.

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UPS program cuts delivery days in more rural areas

Supply Chain Dive

Communities in three states are among those impacted by the initiative, which the company says will boost driver efficiency.

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How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk. When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.

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Drawing the line between intake and orchestration

Spend Matters

Where exactly does intake end, and where does orchestration begin? Our analyst differentiates the two processes and draws a line between the comparisons. This content is for members only. Visit the site and log in/register to read. The post Drawing the line between intake and orchestration appeared first on Spend Matters.

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The Evolution of Warehousing: From Storage to Strategic Asset

SCMDOJO

The evolution of warehousing has been a fascinating journey, mirroring the broader transformation of supply chains. Warehousing has undergone a dramatic transformation, evolving from a simple storage function to a critical strategic asset within the modern supply chain. From simple storage facilities to strategic hubs of efficiency and innovation, warehouses have played a pivotal role in shaping the modern business landscape.

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Will Anti-Greenwashing Laws Lead to More Responsible Business Practices — or ‘Greenhushing’?

Supply Chain Brain

A new Canadian law aims to stop businesses from making false or empty statements about their supposed commitment to environmental responsibility — the practice known as greenwashing.

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Harley-Davidson’s DEI rollback is a procurement mistake

Supply Chain Dive

The announcement could lead to blowback from suppliers, financial woes, and ultimately hamper supply chain resilience, writes Rich Weissman.

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The Evolution of Control Towers to Command Centers

Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.

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ChatGPT-assisted Job Offer Analysis by NPV and Opportunity Cost

The Good Spending

Job offer quiz on LinkedIn I came across this question on LinkedIn. " You have 2 job offers on the table: A) £50k per year with a £12k bonus, work from home, but you live in Hull where the cost of living is low. You get a 10% employer pension contribution. B) In London, a dream job of £95k a year with only a 5% pension contribution. The cost of living is high, and you need to spend four days a week in the office.

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What Does ChatGPT Have To Say About YOU!

Procurement Insights

In doing research for a client who will be giving a lecture in September, one point they will focus on is the power of your reputation. Putting together the discussion points and corresponding content they will cover, I suggested that it would be a neat exercise for everyone in the audience to ask ChatGPT: How respected is (enter your name) in the industry?

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Maryland Awards $73M Contract to Start Rebuilding Collapsed Baltimore Bridge

Supply Chain Brain

The M/V Dali crashed in the Key Bridge on March 26, killing six maintenance workers and sending the bridge into Baltimore's main shipping channel in pieces.

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Powell says ‘time has come’ for rate cut, cites weakening labor market

Supply Chain Dive

The Fed chair did not indicate the size of a coming interest rate reduction, keeping alive a debate on how far policymakers will cut borrowing costs.

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

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. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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Effective Inventory Forecasting and Demand Planning Strategies for Construction Businesses

Finale Inventory

In the construction industry, effective inventory forecasting and demand planning strategies are vital for businesses to succeed in a competitive market. These strategies have become increasingly important for construction companies to maintain efficiency and keep projects on track. This article discusses the key components and benefits of inventory forecasting and demand planning in the construction industry, as well as the challenges and opportunities that arise from implementing these process

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What’s new in Fraxion: Accrual report

Fraxion

What’s new in Fraxion: Accrual report We’re excited to introduce the latest enhancement to our embedded spend analytics tool, Insights : a new accrual report. This detailed report significantly improves Fraxion’s accrual reporting capabilities, providing essential insights for financial planning and ensuring accurate accruals against the correct cost allocation structures.

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Cargo Thefts in North America Jump 49% in First Half of 2024

Supply Chain Brain

Around 45% of cargo thefts were in California, while 36% of that share took place in what Overhaul calls the "Southern California Red Zone.

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Amazon equips sellers with more choice on trucking providers

Supply Chain Dive

Choosing a preferred carrier for LTL and truckload volume is now an option through Send to Amazon.

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro

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Automated Inventory System Explained: A Comprehensive Guide by Finale Inventory | Ecommerce

Finale Inventory

In the fast-paced ecommerce landscape, effective inventory management is key to success. Manual inventory processes cannot meet the demands of modern business. Automated inventory systems provide a solution by managing and controlling inventory with minimal manual intervention. This guide covers the fundamentals of automated inventory systems, their evolution, functionality, and the advantages they offer.

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Sanitized Truth: What Does It Really Cost Us?

Procurement Insights

The following is a comment from a Procurement Director regarding yesterday’s post – Why Procurement Associations Are At Risk In 2025. My reply follows. Sanitizing Truth? Stephane Morel – Procurement Director | People & Projects | Strategy & Transformation | Processes & Digitization | Capability Development | Category & Supplier Mgmt. | Business Partnering | Change Mgmt.

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How Supply Chain Planners and Managers Can Face New Challenges

Supply Chain Brain

Successfully orchestrating a supply chain is both the most significant challenge and the biggest opportunity facing today’s supply chains.

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Labor board orders Canada’s railroads to resume operations Monday

Supply Chain Dive

While all parties pledged to comply, the Teamsters vowed to challenge the order in court.

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The Current and Future Use of Gen-AI in Supply Chains

AI isn’t the future. It’s here, now. 30% of businesses have invested in AI. Another 57% will do it in the next 12 months*. From demand forecasting to inventory optimization, risk mitigation to sustainability — AI is set to transform everything. But here’s the secret: success will only come from strong human-AI collaboration, reveals this new new Economist Impact report.

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Guide to Inventory Management with Finale Inventory | Ecommerce

Finale Inventory

Managing inventory is a key aspect of running a successful ecommerce business. Without effective inventory management , you risk overselling, stockouts, and dissatisfied customers. That’s where Finale Inventory comes in. This guide highlights the importance of inventory management in ecommerce and how Finale Inventory can help streamline your operations.

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Biggest Achievements for Procurement Over the Last 25 Years

CPO Rising

When business historians reflect on the first quarter-century of the new millennium, the broad-based transformation that occurred within the average enterprise’s procurement department will be on the list of top… The post Biggest Achievements for Procurement Over the Last 25 Years appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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Bringing AI to the Frontline: Practical Steps for Workforce Adoption

Supply Chain Brain

How can supply chain leaders implement artificial intelligence effectively, ensuring that their investments yield returns while empowering frontline workers?

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Port of Portland shares plan to keep container terminal open

Supply Chain Dive

One of the initiatives aims at doubling container volumes over the next five to seven years in an attempt to keep Terminal 6 operational.

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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