Sat.Sep 24, 2022 - Fri.Sep 30, 2022

article thumbnail

Top 7 procurement skills for advancement and success

RPF360

As procurement teams become increasingly lean and strategic, how can practitioners develop deeper skills and understanding for the future? Explore how adopting modern procurement skills like data analysis, RFP automation, procurement negotiation and more translate into efficiency and effectiveness. The post Top 7 procurement skills for advancement and success appeared first on RFP360.

article thumbnail

The Procurement Management Process: Managing the Bottom Line

ProcurePort

• Procurement is the business of sourcing goods and services from vendors. Depending on the size of the organization and the unique needs of the business, procurement can be quite complex. • And, a complex operation that takes money out of the company is one that requires a truly efficient management process if costs are […]. The post The Procurement Management Process: Managing the Bottom Line appeared first on ProcurePort Blog.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Poor Hiring Processes Cause 75% of Gen Z to Abandon Promising Job Applications

Procurement Heads

With employers struggling to fill soaring job vacancies, and Gen Z employees forecast to comprise 27% of the global labour force by 2025, the findings are both timely and significant. The most common reason cited for giving up on a potential job application was receiving a better opportunity while waiting for the other hiring process to finish (31%).

Risk 130
article thumbnail

Bahlsen Selects Ivalua to Accelerate its Digital Transformation Roadmap

ivalua

Redwood, CA, 27th September 2022. Ivalua, a global leader in spend management today announced that Bahlsen, a leading supplier of sweet bakery products, has selected Ivalua’s Source-to-Pay (S2P) solution to digitalize its procurement processes. Based in Hanover, Germany, Bahlsen is a traditional, successful, and modern family business. With its umbrella brands Bahlsen, Leibniz and PICK UP!

article thumbnail

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?

article thumbnail

Are we losing the battle for Lithium?

All Things Supply Chain

The European Green Deal – step forward with a dose of ambiguity Hardly any industry benefits so much from The European Green Deal as lithium mining and processing.

article thumbnail

What is a Contract Management Solution

ProcurePort

• Contracts are an indispensable part of any enterprise. Every dollar entering and leaving an organization must be predicated on a contract. That is why contract management processes are critical for any operation. • Procurement processes are complex, sequential, repetitive activities requiring constant tracking and monitoring. Contract management helps ensure that contracts with vendors or […].

More Trending

article thumbnail

Louis DeJoy is transforming the Postal Service. Can the agency compete with FedEx and UPS?

Supply Chain Dive

The U.S. Postmaster General isn’t afraid of making big changes. But keeping pace with private parcel carriers is a tall order for the beleaguered agency, experts say.

126
126
article thumbnail

No Time for Final-Mile Complacency

Supply Chain Brain

Congestion and inflation appear to be easing and schedule reliability has improved, but market signals suggest more of a lull in the current supply chain chaos than an end in sight.

article thumbnail

7 Key Trends of Strategic Sourcing

ProcurePort

• In today’s business environment, a strategic sourcing strategy is critical for optimal operations. Businesses need to formalize the manner in which they gather and use information that informs their procurement activities. • Strategic sourcing takes a long-term and proactive view of a company’s purchasing activities. It seeks to consolidate purchasing power, develop useful relationships […].

article thumbnail

APSCo welcomes IR35 repeal in Chancellor’s Budget

Procurement Heads

“The Chancellor’s Mini Budget promised to be one that drives growth for the UK and it’s clear that the Truss administration is powering ahead with an extraordinary range of changes to boost the economy. The planned repeal in April 2023 of the Off Payroll legislation is a welcome move. APSCo has long called for a review of the measures which have dramatically reduced the flexibility of the skilled independent labour market since they were introduced in 2017 and 2021.

article thumbnail

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

article thumbnail

UPS, FedEx and USPS suspend some services as Hurricane Ian hits Florida

Supply Chain Dive

Hundreds of ZIP codes and cities are affected as the hurricane’s landfall on Wednesday led to flooding and destruction in the southwest part of the state.

117
117
article thumbnail

Four Emerging Supply Chain Jobs of the Future

Supply Chain Brain

There's been a a dramatic leap in awareness of the importance of supply chain management, one that will come with many opportunities for both employees and employers.

article thumbnail

7 Ways the Right Pallet Racking Optimizes Warehouse Efficiency!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Pallet Racking Selection! Are you thinking of streamlining your warehouse operations to increase efficiency and productivity? If so, worry no more as this guide gives practical insights on selecting the right pallet racking , which is critical to optimizing your warehouse efficiency.

article thumbnail

Money isn’t enough in the race for talent, new report data shows

Procurement Heads

As businesses across the country face rising costs, new research from the CIPD and Omni warns that using pay to attract talent simply isn’t enough to tackle ongoing skills shortages. While an increasing number of organisations (54%) are inflating pay to retain talent, this approach is not sustainable for most employers in the face of rising costs. To tackle the skills shortage, organisations need to highlight other components of good working practices when recruiting, such as offering flexible w

Data 130
article thumbnail

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.

article thumbnail

FedEx CEO says Ground contractors ready to deliver for the holidays

Supply Chain Dive

Interest in a peak season program signals delivery providers are willing to ramp up capacity, despite concerns that some may sit out Black Friday.

121
121
article thumbnail

Five Steps to Improving Cyber Preparedness in the Supply Chain

Supply Chain Brain

Cybersecurity threats are on the rise for manufacturers, with the industry accounting for 65% of all ransomware attacks in 2021, but 61% of those surveyed do not have a plan in place for operational disruption.

article thumbnail

The Value of Refrigerated Transport!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How Cold Chain Differs Between the Food and Pharmaceutical Industries! Refrigerated transport is a vital component of global supply chains. It allows businesses to distribute their products at the right temperature as they make their way through the world’s supply chain. It also allows you to keep your product fresher for longer, resulting in fewer product returns and more satisfied customers.

article thumbnail

Episode 84: Tackling the Trends of Quiet Quitting and Firing with Kris Lance

Una

Episode 84: Tackling the Trends of Quiet Quitting and Firing with Kris Lance. By Kelly Barner | September 28, 2022. There are always prevailing trends in talent management, but they seem to be higher profile in the wake of the pandemic. First was the Great Resignation, and now we’re all talking about (and looking for examples of) quiet quitting and quiet firing.

article thumbnail

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,

article thumbnail

What’s next for procurement? Trends shaping the future of online business buying

Supply Chain Dive

The latest report from Amazon Business explores the biggest trends in procurement. Current events—from ongoing supply chain disruptions to concerns over a recession—pose challenges for organizations focused on refining processes, accommodating a hybrid workforce and carrying out environmental, social and governance goals. Organizations endeavor to identify solutions that meet the challenges at hand, while also building out long-term digital strategies.

article thumbnail

Micro-Warehouse Provider Pivots as Retail Consumer Market Shifts

Supply Chain Brain

Fabric, which operates small, automated distribution centers in densely-populated areas, is cutting its workforce and shifting its business strategy as grocers and retailers look instead to add automated operations inside stores.

article thumbnail

Influencer Marketing: Strategy Guide for Brands!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Create a Marketing Plan Using LinkedIn! Influencer marketing is booming! Companies can earn $18 per $1 invested in influencer marketing. With such juicy returns, no wonder brands are scrambling to partner with Instagram and TikTok stars. However, before you contact influencers , check out these helpful tips and ensure your next influencer partnership is a success!

article thumbnail

RoPA: 5 Rules To Keep Your Business Data Protected

SCMDOJO

The damage caused by cyber attacks in 2022 till now is estimated to be around a whopping $6 trillion. The concern over data protection and GDPR Requirements is increasing for both individuals and corporations. While regulatory authorities are taking consistent measures to ensure data security , such laws and guidelines are only as effective as your application of them.

Data 92
article thumbnail

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.

article thumbnail

How Roadie’s order batching helps make local delivery fast and convenient

Supply Chain Dive

Batch delivery allows small and midsize businesses to leverage crowdsourcing’s economies of scale, consolidate the sorting and staging process and minimize the cost of sending multiple deliveries daily.

101
101
article thumbnail

Volkswagen Warns of Production Shift From Germany Over Gas Shortage

Supply Chain Brain

Europe’s biggest carmaker, said that relocation of production capacity for some component makers is among options in the medium term if gas shortages last much beyond this winter.

105
105
article thumbnail

The Best Ways to Track Sales Performance!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What Gets Measured Is What Gets Done! Keeping track of your sales performance might sound simple, but the details can be complicated without the right tools. As a manager or leader, you need to have a good grasp of the key performance indicators for your company so that you make logical, insightful decisions for the benefit of your company.

article thumbnail

Interos: Vendor Analysis — Supply chain risk management solution overview, competitors, tech selection tips, analyst summary

Spend Matters

Categories: Category Management , Procurement Systems & Architecture , Supply Chain , Supply Chain Management , Supply Risk Management Tags: PRO This Spend Matters PRO Vendor Analysis gives an overview of Interos, a supply chain risk management (SCRM) solution built to map and model a live global view of a company’s business ecosystem. More than ever, today’s business world is characterized by volatility, uncertainty, complexity and ambiguity (VUCA).

article thumbnail

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

article thumbnail

Ford breaks ground on $5.6B EV ‘mega campus’

Supply Chain Dive

The facility is part of the automaker’s plan to meet electric vehicle production targets by exerting greater control over its supply chain.

article thumbnail

Rugged Devices Can Spell the Difference Between Logistical Success and Failure

Supply Chain Brain

The pressure on supply chains shows little sign of letting up, and choosing the right mobile device can help ensure the survivability of a business and provide the visibility it needs to stay on top of the game.

Logistics 103
article thumbnail

How Capitalism Has Made America!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Made in America vs. Assembled in America – Defining Terms! Capitalism is an economic system characterized by the concentration of the means of production in private ownership. They are exploited exclusively to make a profit. Investments, production, set prices and resulting income depend on market forces.

article thumbnail

Automated three-way matching eliminates PO-to-invoice reconciliation challenges

Spend Matters

Categories: Accounts Payable , Invoicing , Requisition / PO Management , Sponsored Article , Technology Tags: AP , Sponsored Article Three-way matching involves a third step of cross-referencing a PO and respective invoice to a delivery receipt. The addition of a delivery receipt further assists AP organizations by comparing quantities purchased, invoiced and received as well as rooting out fake invoices.

article thumbnail

The Art of Consistent Perfect Order Delivery: Smart Order Fulfillment Through Orchestration

Shippers and logistics service providers are pressured to match the “Amazon effect” for fast and efficient service across multiple B2C, B2B, and D2C channels. Perfect order delivery - on-time and in-full at the lowest possible cost – is critical. However, recent surveys of supply chain stakeholders reveal that many don't have the technology necessary to achieve it.