Sat.Sep 17, 2022 - Fri.Sep 23, 2022

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7 Purchasing Negotiation Strategies Every Buyer Should Use

ProcurePort

• In procurement, the balance of power can shift towards the suppliers for many reasons. First, suppliers can eliminate competition by applying a loss-leadership strategy that drives other companies out of business. • In other cases, demand far outweighs supply, making it hard for buyers to negotiate. Such circumstances make it important for procurement teams […].

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Sustainable Procurement Requirements — The Ultimate Guide?

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. Or receive our famous weekly newsletter. Sustainable Procurement Requirements — The Ultimate Guide. Sustainable procurement requirements are closely tied to the company’s culture and policies. But what are the requirements to attain sustainable procurement?

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HR technology: Everything you need to know for 2023

RPF360

HR technology empowers and enables teams to improve efficiency, The post HR technology: Everything you need to know for 2023 appeared first on RFP360.

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2022 Forrester Study, Ensuring Supply Continuity During Turbulent Times: A Visual Spotlight

ivalua

What’s your Greatest Supply Management Challenge Today? In May 2022, Ivalua commissioned Forrester to survey over 400 procurement leaders across the globe to ask how they plan to minimize the frequency and impact of supply disruptions. Stepping out of the shadow of the past few years, procurement leaders are having to rapidly master the art of supply continuity as organizations undergo major changes that demand more agility, innovation, and collaboration to survive. .

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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

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.

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Procurement Solutions and Types of e-Procurement Software

ProcurePort

• Why are there so many various types of e-procurement software? And how do you know which solution to settle for? • It’s no secret that procurement as a whole has benefited immensely from increasing automation and the introduction of sophisticated technologies. However, this has also opened the door wide open to all sorts of […]. The post Procurement Solutions and Types of e-Procurement Software appeared first on ProcurePort Blog.

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Sustainable Procurement Operations — The Ultimate Guide

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. Or receive our famous weekly newsletter. Sustainable Procurement Operations — The Ultimate Guide. Sustainable procurement operations are the foundation of sustainability in procurement and supply chains. But how does it work and be implemented? In this article, we will discuss how sustainability works in procurement.

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It’s Time to Rethink Supply Chain Risk Management

ivalua

The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. Loss of sales and market share are the most visible and measurable impacts. McKinsey estimates that shocks lasting a month or longer are occurring every 3.7 years and companies can expect to lose 42% of one year’s EBITDA every decade due to supply chain disruptions.

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What is Procurement Vendor Management Process

ProcurePort

• Vendor management is the process and best practices of managing suppliers or simply vendors. • Vendor management is a complicated and sequential process that involves selecting vendors (based on price, quality, and delivery), negotiating contracts, onboarding vendors, evaluating performance, and controlling costs. • Measuring performance and determining vendor-related risks are critical parts of any […].

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Sustainable Procurement Business Examples — The Ultimate Guide

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. Or receive our famous weekly newsletter. Sustainable Procurement Business Examples — The Ultimate Guide. Sustainable procurement is being adopted by many companies to reduce their carbon emissions and achieve sustainability. Of course, there are companies that have already adopted sustainability in their supply chain. .

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Watch: AI Has a Role to Play in Global Sustainability

Supply Chain Brain

Artificial intelligence has an important role to play in promoting sustainability across the supply chain, says Erin Halka, senior director with Blue Yonder.

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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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How To Overcome Decision Fatigue with Intelligent Software

All Things Supply Chain

In a certain area of life, individual decisions can have serious individual consequences: in court.

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[Pod] Setting the Standard for Procurement in Western Africa w/ Steve Ashcroft

Art of Procurement

“Perhaps I shouldn’t say this in a public sphere, but within our class of multilateral development banks, my ideal is. The post [Pod] Setting the Standard for Procurement in Western Africa w/ Steve Ashcroft appeared first on Art of Procurement.

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Sustainable Supply Chain Consulting — The Ultimate Guide

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. Or receive our famous weekly newsletter. Sustainable Supply Chain Consulting — The Ultimate Guide. Sustainable supply chain consulting firms are hired by many big businesses to help them with their goals. However, what are these consulting firms? In this article, we will discuss what sustainable supply chain consulting firms are.

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Can an FMC Order Break the Cargo Logjam at Ports?

Supply Chain Brain

The recently enacted Ocean Shipping Reform Act of 2022 gave the U.S. Federal Maritime Commission stronger oversight of how ocean carriers and marine terminals treat shippers. Now, FMC is being called on to wield some of that power.

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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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Crypto Risk Management: Securing Your Funds!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Small Business Risks in Accepting Cryptocurrencies! Storing your cryptocurrencies in exchanges might be risky, and it is dangerous to leave them there for extended periods. Cryptocurrency platforms have been plagued with bugs, hacks, and exploits that have resulted in millions of dollars in losses in their brief history.

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3 reasons why supply remains tight for food retailers

Strategic Sourceror

For food retailers, be they major supermarket grocery chains or one-location mom-and-pop shops, supply chain disruptions come with the territory. Unexpectedly elevated demand, weak harvests for berries and melons or unreliable wholesalers leave shelves spotty and customers disappointed from time to time. But rarely have so many food retailers encountered supply chain challenges all at once, despite being long removed from the worst of the pandemic.

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4 ways collaboration helps build supply chain resiliency

Supply Chain Dive

Navigating volatility during the pandemic wasn't easy. Several speakers shared their approach during a session at CSCMP Edge 2022.

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Automation’s Role in Addressing Unpredictable Supply Chains

Supply Chain Brain

Automation in the supply chain is certainly not new. However, recent advances in artificial intelligence-based systems have made automation far more effective.

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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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9 Small Business Marketing Ideas to Scale Your Marketing!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Why Online Reviews are Essential for Small Business! As with the power of social media and the internet, no business is small, and nothing is impossible. You just have the willpower to be able to succeed and actualize your small business marketing ideas. You know the golden rule in marketing is that you promote your product or services where there is lots of attention.

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Audria Allies on Advocating for Yourself and Other Women in Supply Chain

Let's Talk Supply Chain

Over the last three years, we’ve all seen the human side of supply chain as frontline workers and supply chain leaders have found solutions to keep communities thriving through a decade defined by constant disruption. Between climate-driven events, COVID closures, and continually growing talent gaps, the human side of supply chain is an important element that needs to come into focus—both the impacts of supply chain disruption on consumers, their communities, and families.

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Episode 83: Creating a Delightful Customer Experience with Sarah Kaye

Una

Episode 83: Creating a Delightful Customer Experience with Sarah Kaye. By Kelly Barner | September 21, 2022. There are differences in procurement by industry, company, and even between direct and indirect procurement, but each team or individual still has an opportunity to make meaningful contributions to the customer experience. Active listening and focusing on what really moves the needle can keep procurement focused on what matters most.

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Amazon Keeps Prices "Artificially High," California Alleges

Supply Chain Brain

State Attorney General Rob Bonta on Sept. 14 announced the antitrust suit challenging Amazon merchant agreements that bar sellers from offering lower prices on other sites and impose stiff penalties if they do.

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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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Great Benefits of Bitcoin Wallets!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What are Bitcoin Wallets? A digital wallet is an electronic wallet that is used to keep the security of user investments, and it comes in many different types. It is the most excellent method to protect your asset, and one must always start trading after buying the digital wallet.

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San Pedro Bay ports see loaded import volumes drop in August

Supply Chain Dive

Looking ahead, Port of Los Angeles Executive Director Gene Seroka projected the port would have “lighter numbers” for the rest of the year.

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How to Adjust to Evolving Technology Costs

Una

How to Adjust to Evolving Technology Costs & Avoid IT Spending Mistakes. By Eric Edwards | September 20, 2022. As the ball dropped in Times Square heralding the start of 2022, a once technological juggernaut passed quietly into the history books—BlackBerry. Within two decades, Canada’s once ubiquitous smartphone company grew until another eponymous fruity IT company introduced its iPhone.

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Amtrak Aims for Net-Zero Greenhouse Gas Emissions by 2045

Supply Chain Brain

“Not only are trains convenient and comfortable, they are also one of the most sustainable modes of transportation,” Amtrak chief executive officer Stephen Gardner said in a statement.

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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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Using an Automated Procurement System at Your Business!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Reality of Automation in Procurement! Choosing suppliers. Finding the right products. Making requisitions. Getting the right amount of products at the right price. All of these are the challenges of working in procurement, necessitating an automated procurement system. But procurement is one of the most integral parts of running an operation.

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Bio-based packaging companies say mushrooms and seaweed are the next alternatives to plastic

Supply Chain Dive

Supply chains are still warming up to “bioregenerative” packaging that uses renewable, compostable materials with the same properties as plastic.

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Technology funding for procurement solutions is defying the overall technology market: The valuation reality (Part 2)

Spend Matters

Categories: Analysis , M&A , Market Intelligence , Procurement Financials , Technology Tags: PRO Depending on where you sit from a technology funding perspective these days, the situation is either abysmal or (nearly) acceptable. There really is no middle ground anymore (it’s more abysmal outside of procurement technology!). Granted, valuations across the board are down (of course), reflecting declines in broader tech indexes, especially the NASDAQ overall, and more specifically the descent

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Watch: Innocent Armor and Jillamy: A Distribution Case Study

Supply Chain Brain

Mike Wang, chief executive officer and founder of Innocent Armor, and Dwayne Shakespeare, director of e-commerce and parcel with Jillamy Inc., explain why Innocent Armor turned to Jillamy for a fulfillment center that could scale in line with the client’s projected growth.

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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