Una

JANUARY 11, 2023

Indirect Procurement Quick Reference Guide. Highlighting indirect procurement, why it’s important, how to bring it under control, and common mistakes to avoid. . Quick Guide to Indirect Procurement. Wondering what people mean when they talk about “indirect procurement” but too embarrassed to ask? We’ve put together a quick reference guide that defines the concept, explores the challenges involved and mistakes to avoid, and shows how a group purchasing organization (GPO) can help you bring your

Procurement 98

Procurement Raw materials Change management Risk 98

Procurement Tactics

JANUARY 11, 2023

33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. Price Negotiation — The Ultimate Guide. Price negotiation allows buyers and sellers to get the price that they want when discussing future work, projects, or collaboration. However, how do you negotiate prices effectively? In this article, we will define what price negotiation is.

Price negotiations 130

Price negotiations Negotiation Price Buyers 130

Finale Inventory

JANUARY 9, 2023

Whether your business deals in raw materials, components and parts or finished products, your inventory is an essential source of potential revenue. It represents a significant investment and is part of your total current assets. Learn more about what current assets are and the best way to calculate and use your current assets. What Is Considered a Current Asset?

Inventory 52

Inventory Raw materials Demand Purchasing 52

ivalua

JANUARY 13, 2023

Public Procurement: Building Business Cases and Driving Momentum. For the Government, supplier diversity programs are something procurement professionals in the United States (US) have accepted as a key element to their procurement success. Since their inception more than 50 years ago, supplier diversity programs have spread beyond public procurements.

Suppliers 246

Suppliers Strategy Agile and Lean Supply Chain Ethics 246

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.

Sustainability

All Things Supply Chain

JANUARY 9, 2023

Looking back at the trials and tribulations that faced the supply chain in 2022, the biggest obstacle proved to be operating in a world changed by the global pandemic.

Supply chain 230

Supply chain Supply Supply chain management Supply chain management 230

Procurement Tactics

JANUARY 9, 2023

33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. The Shift Towards Sustainability While maintaining high Profitability. The shift towards sustainability is gaining popularity. However, many are still doubtful about the benefits it may give, especially since shifting towards it entails a huge investment.

Sustainability 210

Sustainability Collaboration Strategy Suppliers 210

ivalua

JANUARY 8, 2023

What Lieferkettengesetz Means for Procurement? By Jan-Hendrik Sohn. The German Supply Chain Act, or Lieferkettengesetz, is a new piece of legislation that came into effect January 2023 with an extended remit from January 1, 2024. The act was established to address issues of sustainability and ethical conduct in global supply chains, and has significant implications for companies and procurement organizations operating in Germany.

supply chain software solutions 244

supply chain software solutions Supply Chain Efficiency Supply chain Procurement 244

All Things Supply Chain

JANUARY 13, 2023

In 2022 Walmart made over 6,000 drone deliveries Walmart announced they completed more than 6,000 drone deliveries in 2022.

Supply chain 197

Supply chain Supply Logistics 197

Procurement Tactics

JANUARY 8, 2023

33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. Sustainable Procurement Analysis — The Ultimate Guide. Procurement analysis is used to collect and analyze data for businesses to gain insights and make informed decisions. However, what is it when it comes to sustainability? In this article, we will discuss what sustainable procurement analysis is.

Sustainability 207

Sustainability Procurement Agile and Lean Supply Chain Supply Chain Optimization 207

Procurement Heads

JANUARY 10, 2023

For Procurement Heads’ latest CPO Spotlight, he spoke with James Dobbin about what drew him to financial and professional services and what some of the biggest challenges facing the sector are. How much has changed in the world of Procurement since we last spoke in 2019 ? It seems like a lifetime ago! Lots has changed, lots in the economy, the wider society, and geo-political events as well all impacting the supply chain as well as the pandemic, the list is almost endless.

supply chain software solutions 130

supply chain software solutions Supply Chain Efficiency Negotiation Procurement 130

Advertiser: GEP

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?

Supply Chain Efficiency

Art of Procurement

JANUARY 12, 2023

In this week’s episode of the Art of Procurement podcast, Philip Ideson welcomed the first guest of 2023: Stephane Morel, The post Applying Category Management to the Challenges of a New Age appeared first on Art of Procurement.

Category management 145

Category management Management Procurement 145

Una

JANUARY 10, 2023

EPISODE 97. No One Climbs Mount Everest Alone with Dylan McCabe. By Kelly Barner | January 11, 2023. When you are starting a new company, it is a challenge to convince customers that they should choose you over their alternatives. When you are also pioneering a completely new business model for your target market, that challenge increases substantially.

Collaboration 145

Collaboration Sourcing Import Demand 145

Procurement Tactics

JANUARY 12, 2023

Procurement success in 2023 with our Strategy Course. Download Course Details →. . Or receive our famous weekly newsletter. Greek Negotiations — Everything You Should Know. Greek negotiations are what we can call an etiquette of Greek or Hellene people when negotiating. Of course, just like any other country, they have their ways of negotiating in business.

Negotiation 195

Negotiation Import Procurement Strategy 195

Supply Chain Dive

JANUARY 10, 2023

Rising inflation, strike threats and slowing demand triggered a wave of business uncertainty following months of growth. Take a look back at 13 memorable moments.

Supply chain 141

Supply chain Demand Supply 141

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

Logistics

Art of Procurement

JANUARY 10, 2023

The user experience associated with procurement technology has come a long way. I’m dating myself here, but procurement used to. The post Procurement, meet no-code development appeared first on Art of Procurement.

Procurement 145

Procurement Data 145

Supply Chain Brain

JANUARY 10, 2023

John Ferguson, chief executive officer of TBM Consulting Group, discusses the importance of Taiwan to global semiconductor production, and tells how the supply chain would be impacted by China invading Taiwan.

Supply chain 121

Supply chain Supply Import 121

Procurement Tactics

JANUARY 12, 2023

Procurement success in 2023 with our Strategy Course. Download Course Details →. . Or receive our famous weekly newsletter. Negotiation Power — The Ultimate Guide of 2023. Negotiation power is the predictor of the outcome of the negotiation. However, where does power in negotiation come from? For this article, we will discuss what negotiation is. We will tell you the main source of power in negotiation and tips to become an effective negotiator in your profession and everyday life. .

Negotiation 189

Negotiation Sourcing Import Strategy 189

Supply Chain Queen

JANUARY 9, 2023

Sustainable supply chains are good for the planet and good for business. In this podcast, Malcolm Gladwell takes on this topic with Tim Harford, host of Cautionary Tales, and guest Sheri Hinish, IBM’s Global Sustainability Services Leader and Offering Leader for Sustainable Supply Chain, known as the “supply-chain queen.” They discuss the supply-chain crisis and.

Supply Chain Efficiency 130

Supply Chain Efficiency Sustainability Supply chain Supply 130

Advertisement

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.

Supply Chain Efficiency

Strategic Sourceror

JANUARY 9, 2023

From far-reaching wildfires in states that typically don't get them in the summer to a spike in Category 4 hurricanes in the fall, the devastating repercussions of climate change play out across the country on a regular basis. While weather as a rule is variable, evidenced by the natural changes in air temperatures from seasonality, the data proves that the planet's temperature is on a steady track higher.

Strategic sourcing 104

Strategic sourcing Strategic sourcing Supply chain Procurement 104

Supply Chain Brain

JANUARY 8, 2023

Artificial intelligence has penetrated virtually every aspect of modern life, and last-mile delivery is no exception, says Bart De Muynck, chief industry officer with project 44.

116

116

Procurement Tactics

JANUARY 12, 2023

Procurement success in 2023 with our Strategy Course. Download Course Details →. . Or receive our famous weekly newsletter. Negotiating in Business — Everything You Should Know. Negotiating in business involves give and take. Each party tries to persuade the other one to agree with their point of view. It may seem frightening but it is important to grow your business. .

Negotiation 189

Negotiation Import Price Strategy 189

Supply Chain Dive

JANUARY 13, 2023

The end of the country's zero-COVID policy is causing production hiccups in the crucial weeks before the Chinese New Year holiday.

118

118

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,

Supply Chain Optimization

ContractSafe

JANUARY 12, 2023

Do you love motivational quotes and posters featuring adorable kittens “hanging in there”? Then you might appreciate this little gem: You can’t spell “challenge” without “change.”.

Contract management 98

Contract management Contract Management 98

Supply Chain Brain

JANUARY 12, 2023

Manufacturers, distributors and retailers need to pivot to a smart just-in-telligent methodology, blending just-in-time and just-in-case with the science of artificial intelligence (AI) and automation.

Supply chain 111

Supply chain Supply 111

Procurement Tactics

JANUARY 12, 2023

Procurement success in 2023 with our Strategy Course. Download Course Details →. . Or receive our famous weekly newsletter. Freelance Procurement — Everything You Should Know. Freelance procurement is popular with many companies, especially those who need more help in their procurement process. However, how is it done? For this article, we will talk about what freelance procurement is.

Procurement 187

Procurement Raw materials Sourcing Suppliers 187

Supply Chain Dive

JANUARY 11, 2023

The countries plan to collaborate on projects such as mapping critical minerals and assessing future manufacturing labor needs.

Supply chain resilience 118

Supply chain resilience Supply chain Collaboration Supply 118

Advertiser: GEP

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.

Sourcing

Positive Purchasing

JANUARY 13, 2023

Andy Martyr-Icke, who works in the UK with National Grid’s electricity distribution business, has over 35 years’ experience in utilities and electricity distribution. Here he looks at how we will power procurement for the future. Specifically, what we need to know about energy and the future of how the industry and transport will be powered, plus, what procurement needs to be planning for.

Procurement 98

Procurement Cost of ownership Supply Chain Efficiency Demand 98

Supply Chain Brain

JANUARY 10, 2023

The pandemic, as well as geopolitical challenges, have triggered a rise in digitization across industry sectors, and manufacturing and logistics are no exception.

Demand 111

Demand Supply chain Logistics Supply 111

Procurement Tactics

JANUARY 12, 2023

Procurement success in 2023 with our Strategy Course. Download Course Details →. . Or receive our famous weekly newsletter. Logrolling Negotiation — Everything You Should Know. Logrolling negotiation is useful when making tradeoffs on the different perspectives of parties at the negotiation table. However, what is it? For this article, we will talk about what logrolling negotiation is.

Negotiation 184

Negotiation Budget Strategy Price 184

Una

JANUARY 9, 2023

Managing Tail Spend to Avoid "Porcelain Dalmatians". 5 steps to take when managing tail spend to avoid making purchases within an organization that go underutilized or unused. By Eric Edwards | January 10, 2023. Search. Tail spend refers to an organization’s high-volume, low-value transactions that are typically unmanaged by the procurement team. Some procurement departments use the 80/20 Pareto principle to focus on the large (80 percent) clients and contracts where supposedly greater savings

Management 97

Management Spend management Purchasing Procurement team 97

Advertiser: ZoomInfo

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

Buyers