Sat.Jul 02, 2022 - Fri.Jul 08, 2022

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Top Ways 3PL Warehouses Can Survive a Period of Inflation and Financial Downturn

All Things Supply Chain

Unless you’ve been living underneath a rock, you’re aware that our world has been hit with a few years of unprecedented challenges – from a global pandemic to supply chain…

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Danielle Douglas Big Interview

Procurement Heads

How did you get into procurement? Like most people, I fell into procurement. I worked for a private international university in London, it was my first job after graduating from the University of Nottingham and I was responsible for looking after the course directory. I would order a lot of books and course materials for the students and that is actually what sparked my interest.

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How to write an RFP invitation email to vendors

RPF360

You probably write emails all day without giving them a second thought. However, when it comes to sending an RFP invitation email to vendors, it can be intimidating. After all, you need vendors to read your email, check out the request for proposal and then submit a proposal. Ideally, you’ll receive more than three [.]. The post How to write an RFP invitation email to vendors appeared first on RFP360.

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The Golden Rules of Category Management Strategy

ProcurePort

• Managing product categories is a critical challenge for procurement professionals. Some of the problems experienced in category management include plenty of work, lack of time, dynamic changes, competitive markets, and technical dependencies. • Whether it’s a strategic issue or an alignment problem, category management is a challenging endeavor. • Just as lean management optimizes […].

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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 Weekly Wrap-Up 07/01/2022-07/07/2022

All Things Supply Chain

Tesla vehicle deliveries plummet after disruption in China Due to the lockdowns in China which caused one of Tesla’s key factories to shut down, the company’s delivery figures have declined…

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Ghosting…

Procurement Heads

1. the appearance of a ghost or secondary image on a television or other display screen. “the display is sharper and less prone to ghosting” 2. the practice of ending a personal relationship with someone by suddenly and without explanation withdrawing from all communication. Don’t ghost…. Whether you’re a candidate, hiring manager, or recruiter… don’t ghost people.

More Trending

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What Is Lean Procurement or Lean Purchasing?

ProcurePort

• Lean procurement or lean purchase is seen as a principle in the procurement of achieving more with less. Lean procurement seeks to acquire the least number of inputs to achieve the desired outcomes or results. • In lean procurement, procurement teams may reduce inventories, look for ways to cut supply costs, or reduce the […]. The post What Is Lean Procurement or Lean Purchasing?

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Touchstone – Specialist in Delivering S2P Value

ivalua

The post Touchstone – Specialist in Delivering S2P Value appeared first on Ivalua.

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Engineering vacancies continue to grow

Procurement Heads

Commenting on the news, Dan Goodson, Head of Practice – Industrial, said, “In terms of procurement and supply chain recruitment, the industrial space has been incredibly busy – notably since the widespread return to office-based work. “With engineering playing a key role in the economy, it’s no surprise that APSCO’s data is showing a raise in vacancies – but it is really positive to see that there has also been a rise in applications within this space.

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Coalition Calls for Freight Data Exchange Standard to Cut Supply Chain Emissions

Supply Chain Brain

A Washington-based think tank has launched an initiative to encourage widespread adoption of standardized data-sharing in the freight sector in order to boost sustainability.

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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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In the Face of Inflation, and Supply Chain Shortages, How Can Businesses Cut Corporate Travel Costs and Spend Less?

ProcurePort

• A year ago, a gallon of gas in the United States set you back around $3. Today, the same gallon costs $5. The long and short is that inflation and supply chain shortages are rearing their ugly head and making its effects felt far and wide. • For businesses, the consequences are manifesting themselves […]. The post In the Face of Inflation, and Supply Chain Shortages, How Can Businesses Cut Corporate Travel Costs and Spend Less?

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Procurement in 5-Minutes: What is talent in the digital age?

Sourcing Solved

Procurement in 5-Minutes. Welcome to Procurement In 5-Minutes, and no, don’t adjust your volume or click a button to find out what is going on – this is not your usual host Iain Campbell-McKenna. In this unique 3-Question Special, Ian moves out from behind the host mic to become the interviewee to answer 3 questions regarding: “What is talent in the digital age?

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How organizations can improve on last-mile grocery delivery

Strategic Sourceror

Let's take a step back for a moment to days of the 1990's-2000's tech boom and consider a company so far ahead of its time that it was doomed to fail. WebVan was a California tech startup that promised at-home grocery delivery services for a relatively low price, eventually going bankrupt in 2001 as the bubble began popping. Now, 21 years later — their legacy lives on as companies of all sizes and kinds are vying to get their share of the grocery home delivery market.

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Supreme Court Ruling May Take 70,000 Truckers Off Road, Spur Jams

Supply Chain Brain

A U.S. Supreme Court decision that could force California’s 70,000 truck owner-operators to stop driving is set to create another choke point in already-stressed West Coast logistics networks.

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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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Episode 72: Making an Impact Through Mission-Connected Procurement with Iris Cooper

Una

Episode 72: Making an Impact Through Mission-Connected Procurement with Iris Cooper. By Kelly Barner | July 6, 2022. How each leader sees procurement has a directional impact on what the team is able to achieve for their larger organization and the community they serve. Savings is often described as ‘table stakes’ for procurement, but even those savings are not just dollars and cents.

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Digital Adoption is the New Management Focus

Let's Talk Supply Chain

“Digitalization” and “Digital Transformation” are already focus topics on corporate strategic agendas for a while. A lot of investment happened, vast amounts of money and energy have been spent here. Not always with success. Recent studies from BCG, BAIN, Mc Kinsey and others on success rates of digital transformations state that only 30% or even less of transformations succeed in achieving their objectives.

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6 popular procurement methods & tips to choose suppliers

Spendesk

For anyone responsible for procurement in a company, choosing the best procurement method and finding the right supplier is a huge responsibility.

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U.S. Logistics Gauge Shows Economy Downshifting Into Second Half

Supply Chain Brain

An indicator of U.S. supply chain pressure fell to the lowest level in two years, as a sharp drop in transportation costs underscores the slowdown in the nation’s economy heading into the second half of the year.

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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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Procurement Industry Certifications – Yes or No?

Procurement Foundry

Most of us want to be at the top of our game and do all we can to excel in our chosen fields. For procurement professionals, getting certified is a common subject when discussing success and moving up the ladder. But are procurement industry certifications must-haves? And what are some of the most common ones out there? We outline some of these niche certifications so that you can better decide which one—if any—is right for you.

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[Pod] Procurement 6 – July 8th, 2022

Art of Procurement

Procurement 6 is a new short podcast from Art of Procurement that will be published in the Art of Procurement. The post [Pod] Procurement 6 – July 8th, 2022 appeared first on Art of Procurement.

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Understanding the bullwhip effect in supply chains

Skill Dynamics

An efficient supply chain management system is a necessity to the majority of organizations. It can result in competitive advantage as it helps to provide precise information to suppliers allowing them to maintain a continuous flow of products to customers. However, throughout the supply chain key factors such as time, demand for the supply, lack of communication and disorganization can result in one of the most common problems in supply chain management: the bullwhip effect (or sometimes referr

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American Factories Heat Up as CEOs Take Production Out of China

Supply Chain Brain

Rattled by the most recent wave of strict Covid lockdowns in China, the long-time manufacturing hub of choice for multinationals, CEOs have been highlighting plans to relocate production.

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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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Procurement SaaS Solutions and Basic Tech Sourcing Definitions

Procurement Foundry

Every procurement team relies on SaaS, but before implementing and finding the best procurement SaaS solutions, they must first understand the different parts of SaaS. Our rundown of procurement SaaS solutions and basic tech sourcing definitions will help you improve your SaaS process.

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Value Match are awarded the Social Value Management Certificate Level 1

Value Match

Categories. Best Practice Guides. Bid Management. Business. Case Study. Circular Economy. Community Story. Contract for Change. Environment and Climate. Equality and Inclusion. Government Buying Standards. House of Commons Committee of Public Accounts. Human Rights and Modern Slavery. Legislation. National Audit Office Reports. News. Procurement Best Practice.

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Procurement Executive Q&A: Wei Yeong Tiow

Art of Procurement

As part of Art of Procurement’s media partnership with ProcureCon, we are pleased to bring you this Executive Q&A with. The post Procurement Executive Q&A: Wei Yeong Tiow appeared first on Art of Procurement.

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Five Ways to Manage Shipping Costs as Fuel Surcharges Soar

Supply Chain Brain

Navigating accessorial charges — the additional fees that carriers charge on top of base delivery costs — is among the most challenging aspects of managing shipping costs for online merchants.

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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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Procurement in 5-Minutes: What is talent in the digital age?

Procurement Insights

Welcome to Procurement In 5-Minutes, and no, don’t adjust your volume or click a button to find out what is going on – this is not your usual host Iain Campbell-McKenna. In this unique 3-Question Special, Ian moves out from behind the host mic to become the interviewee to answer 3 questions regarding: “What is talent in the digital age?” Here are the 3-Questions we will be asking Iain regarding what procurement talent looks like in the digital age: Why does the rate of e-procur

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Debt Service Coverage Ratio: What Is It, Formula, and How To Manage It

Planergy

Clients and results. More Customers. We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with PLANERGY. Cristian Maradiaga. King Ocean. Book a Live Demo. Download a free copy of "Preparing Your AP Department For The Future", to learn: How to transition from paper and excel to eInvoicing.

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Tackling the Top Issues in Services Procurement with CEO of Zivio, Jonny Dunning – Episode 60

Procurement Talk with David Byrne

Listen in Apple Podcasts Listen in Spotify Listen in Google Podcasts Episode show notes “In general when you’re buying services, it won’t have such a complex supply chain. But in terms of what you’re buying, it’s infinitely more complex.” Pinpointing the value of procured services on more metrics than pure … Continued.

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Innovators Continue to Shape the Last Mile. What’s Next?

Supply Chain Brain

A look at the technologies that logistics startups have developed to transform the last mile, as well as a peek into the future of the sector.

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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.