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

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How Predictive Procurement Solves Challenges in the Food and Beverage Industry

Arkestro

Food and beverage producers have undergone sweeping changes over the past several decades. Technology innovations have been massive, changing how food is grown, processed, and purchased. There have also been widespread and dramatic changes in how companies work with suppliers, causing supplier relationship management to take a front seat. With globalization, raw materials may come from across the globe.

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Frictionless P2P: A Dream or Reality? 

ivalua

Author: Hubert Verweij , Head of Procurement Transformation, Capgemini Invent Sweden and Finland. Previously published on Capgemini’s website. Nowadays, Procurement practitioners primarily talk about emerging topics like the reduction of scope 3 emissions, supplier-enabled innovation and supply risk management. These discussions are fed by researchers and thought leaders who emphasize the changing role of Procurement to unlock value potential, mitigate risks and reduce total lifecycle cos

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8 Reasons to Join a Group Purchasing Organization

Una

8 No-Brainer Reasons to Join a Group Purchasing Organization. By Hugo Britt | December 6, 2022. In business, a “no-brainer” is a decision that is so easy or obvious that it requires very little debate. Procurement no-brainers include low-risk, high-return activities like centralizing data , paying suppliers on time, and optimizing processes. 8 Reasons to join a group purchasing organization.

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CPO Spotlight: Nick Priest

Procurement Heads

For the latest in Procurement Heads ‘ CPO Spotlight series, he spoke with James Dobbin about how he got into procurement, some of the trends he’s seeing in the financial and procurement space and whether the pandemic has pushed us closer to a cashless society. Could you tell us a little about Paysafe and what it is that you do. Paysafe is a leader in the payment sector and has been for the last 20 years.

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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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CPO Compass 2023

Procurement Leaders

After years of firefighting, CPOs are leading their teams into an era of data-driven resilience – enabling their teams to deliver new sources of value. Dive deeper to discover the future of the function.

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Supply Chain Weekly Wrap-Up 02/12/2022-08/12/2022

All Things Supply Chain

Apple consider transfer of iPhone production to India or Vietnam after protests in China Apple are reportedly considering moving the means of production of the iPhone amid the workers’ continued…

More Trending

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Manufacturing Sourcing Company in India — The Ultimate Guide of 2023

Procurement Tactics

33 Procurement Interview Questions in 2022. Download Whitepaper →. . Or receive our famous weekly newsletter. Manufacturing Sourcing Company in India — The Ultimate Guide of 2023. India’s manufacturing industry is gaining popularity in the world and is set to grow much bigger in the future. However, why do companies source in India? In this article, we will talk about what a manufacturing sourcing company is.

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Lene Aabo-Bjerregaard on close communication and collaboration in a crisis

Procurement Leaders

Danish biotechnology company Novozymes is a leader in the research, development and production of industrial enzymes, microorganisms and biopharmaceutical ingredients. With operations all over the world, and sourcing offices in Denmark, North America and China, its supply chain is exposed to a huge scope of complex challenges, across categories of spend including agriculture, chemicals, and enzymes, among others.

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Drayage: What Is It & Why Does It Matter?

All Things Supply Chain

Drayage is one of the supply chain’s most important components, yet it is often confused or simply unknown.

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Bol.com Selects Ivalua to Digitalize Strategic Source-to-Contract

ivalua

Redwood City, CA, December 7, 2022. Ivalua, a global leader in spend management , today announced that bol.com, the largest online retailer in the Netherlands and Belgium, has selected Ivalua’s solution to digitalize its indirect Source-to-Contract (S2C) processes. The project has been delivered in partnership with Accenture. Headquartered in Utrecht, bol.com is one of the most successful retail platforms for third-party suppliers in Europe with 13 million customers in the Netherlands and Belgiu

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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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Financial Supply Chain —  The Ultimate Guide of 2023

Procurement Tactics

33 Procurement Interview Questions in 2022. Download Whitepaper →. . Or receive our famous weekly newsletter. Financial Supply Chain — The Ultimate Guide of 2023. The financial supply chain is new to many procurement professionals, especially those who have just started their journey in the procurement and supply chain industry. . For this article, we will tackle what a financial supply chain is.

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Eric Espinasse interview: ‘The more we depend on a supplier, the closer we need to be to them’

Procurement Leaders

Swiss biopharmaceutical company Ferring is a leader in reproductive and maternal health, with manufacturing facilities in Europe, the Americas, China and India. Here, CPO Eric Espinasse describes some of the strategies he has employed to manage the market volatility, from building up inventory to advanced segmentation and closer supplier relationships.

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Head2Head with Dan Churton

Procurement Heads

Ben Stickland spoke with Dan Churton, Commercial & Transformation Director at Orbit to hear more about the organisation’s heritage, culture and the important role the Head of Procurement that Procurement Heads is recruiting will play in enabling Orbit to achieve its strategic goals. . Orbit Group is a group of housing associations providing affordable housing to around 40,000 households in England, mainly in the Midlands, East Anglia and the southeast, operating out of 7 offices with t

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Six Logistics Trends to Watch for in 2023

Supply Chain Brain

The transportation and logistics industry faces new challenges and an uncertain economy in the coming year. Following are six trends we can expect to see in 2023. .

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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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Spend Management — The Ultimate Guide of 2023

Procurement Tactics

33 Procurement Interview Questions in 2022. Download Whitepaper →. . Or receive our famous weekly newsletter. Spend Management — The Ultimate Guide of 2023. Spend management is an important process to reduce losses and mistakes. However, how do you manage your spending? In this article, we will discuss what spend management is. We will tell you the challenges and benefits of spending management.

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Applying Industry 4.0 to build better supply chains

SCMR (Supply Chain Management Review)

By focusing on integration of advanced technologies, I4.0 can distribute decision making and expand choices across vast supply chains.

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OSHA’s Top 10 Workplace Hazards and How to Prevent Them

Supply Chain Dive

Towards the end of every year OSHA (the Occupational Safety and Health Administration) releases its list of the top 10 safety violations, which includes the specific number of violations reported in each category. Why is this list essential?

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Report Links Car Supply Chain to Forced Labor in China

Supply Chain Brain

The authors claim China's systematic repression of the Uyghurs and opaque supply chains has allowed the automotive industry to become reliant on abusive suppliers.

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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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Episode 93: Empowering Supplier Diversity Managers to Drive Change with Stephanie Lokker

Una

Episode 93: Empowering Supplier Diversity Managers to Drive Change with Stephanie Lokker. By Kelly Barner | December 7, 2022. Supplier diversity is a good idea – but that fact plus a vision creates very little value. It takes leadership, ownership, and a lot of hard work to convert the vision and social mission behind supplier diversity into tangible results.

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[Pod] Who is responsible for making sure suppliers break even? w/ Philip Ideson and Kelly Barner

Art of Procurement

In challenging economic times, each company has to eke the most value out of every contract. But are there limitations. The post [Pod] Who is responsible for making sure suppliers break even? w/ Philip Ideson and Kelly Barner appeared first on Art of Procurement.

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Whole Foods pauses purchasing of Maine lobster

Supply Chain Dive

The grocer is pulling the seafood due to a change in third party verifications and ratings from the Marine Stewardship Council and the Monterey Bay Aquarium Seafood Watch program.

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Freight Brokers Must Prioritize Cybersecurity

Supply Chain Brain

Without the right cybersecurity practices, freight factoring companies could introduce security vulnerabilities for freight brokers, shippers and carriers. .

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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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5 New Year’s Resolutions for Procurement

Una

5 Meaningful New Year’s Resolutions for Procurement. By Hugo Britt | December 8, 2022. With 2023 just around the corner, it’s time for procurement professionals to make sure they get off to a flying start in the new year with some high-impact resolutions. Tips for creating great resolutions. We’ve all been there: well-meaning resolutions made on December 31 st tend to fall apart a few weeks later.

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Deck the halls with procurement performance intelligence

Spend Matters

Categories: Procurement , Procurement Commentary , Sponsored Article Tags: EU , Sponsored Article ‘Tis the season to build those jolly-good annual budgets and plans while factoring in the uncertainties about inflation, supply chains and resources. As Procurement anticipates the year ahead, the must-have list should include a solution that can equip and empower team members and leaders with powerful intelligence to drive better business performance not just at the start of the year, but in a dyna

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Victoria’s Secret moves freight from air to ocean in bid to save costs

Supply Chain Dive

Executives said normalizing freight rates and improved supply chain flow have allowed the retailer to put goods back on boats, a strategy it expects will help save costs through next spring.

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Shippers Explore Transport Alternatives to Manage Congested Freight Networks

Supply Chain Brain

Today’s small-vehicle expedited shipping offers shippers faster delivery and increased agility, which can be a competitive advantage in today’s challenging marketplace. .

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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

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How the Semiconductor Industry is Building Supply Chain Resilience

Procurement Bulletin

The UK: “Does Anyone Have Eggs? Asking for a Friend. “ Grocers in the UK are limiting egg sales per customer due to supply issues for eggs. Egg producers have been facing issues such as: A large avian flu outbreak in the UK resulting the culling of millions of chickens. Egg producers are facing skyrocketing energy costs (like the rest of consumers).

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Carbon Management (Part 1): TechMatch launch, participating vendors and overall results

Spend Matters

Categories: Analysis , CSR , Procurement Strategy & Planning , Sustainability , Technology Tags: PRO For most procurement organizations, carbon management — and greenhouse gases (GHG) more broadly — is a hot topic (no pun intended). There are multiple challenges to tackle, many of which apply to other ESG areas. Even though carbon management is one of the more advanced ESG categories, many organizations lack a structured framework, a methodology and a standard framework.

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Amazon leverages ocean shipping for next-day delivery in Sweden

Supply Chain Dive

The e-commerce giant is ramping up its use of short trips by sea in a bid to lower carbon emissions.

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China’s Heat Wave Is the Biggest Supply Chain Disruption of the Year: So, What’s the Solution? 

Supply Chain Brain

Even though heat waves and natural disasters have been bringing the global supply chain to a grinding halt asynchronously over the years, it doesn’t have to continue this way.

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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.