Sat.May 27, 2023 - Fri.Jun 02, 2023

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6 Reasons to Automate Your Quote Request Process

ProcurePort

In today’s fast-paced business environment, efficiency is key. One area where organizations can significantly improve efficiency is the quote request process. Traditionally, this process has been manual, time-consuming, and prone to errors. However, with the advent of technology, businesses now have the opportunity to automate their quote request process.

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3 ways to use procurement negotiation to combat inflation

SCMR (Supply Chain Management Review)

In the realm of procurement, it is crucial for professionals to strategically generate substantial value during deal negotiations, especially when dealing with supplier agreements that encompass more than mere pricing considerations.

professionals

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Navigating Supplier Risk Challenges to Shore Up Cyber Defenses

Supply Chain Brain

Organizations are paying too little attention to the risk of their supply chain information being compromised through cyberattack.

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10 ChatGPT Negotiation Prompts — Everything You Should Know

Procurement Tactics

51 ChatGPT Prompts to 10X Your Productivity in Procurement Success! First Name Email Download 51 Prompts →  Or receive our famous weekly newsletter 10 ChatGPT Negotiation Prompts — Everything You Should Know ChatGPT can help negotiation professionals in a lot of ways, but how? In this article, we will discuss the role of ChatGPT in negotiation. Additionally, we will tell you some of the ChatGPT prompts that can help negotiation professionals in their field.

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7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.

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6 Reasons to Choose a Career in Procurement

Una

6 Reasons to Choose a Career in Procurement Six reasons why a career in procurement is a great professional choice and how it can provide you with a fulfilling and rewarding future. By Hugo Britt | June 1, 2023 Search Are you a recent graduate seeking a career path that combines strategic decision-making, problem-solving, and impactful negotiations ?

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Supply Chain Weekly Wrap-Up 05/26/2023-06/01/2023

All Things Supply Chain

The US and Taiwan announce new Trade deal The US and Taiwan signed a trade deal under the US-Taiwan Initiative on 21st Century Trade, marking the first agreement under this…

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Vietnam Import and Export Statistics 2023

Procurement Tactics

51 ChatGPT Prompts to 10X Your Productivity in Procurement Success! First Name Email Download 51 Prompts →  Or receive our famous weekly newsletter Vietnam Import and Export Statistics Vietnam’s import and export activities opened with a $58.49 billion turnover of goods in the first quarter of 2023. Vietnam’s central-to-market economy plan transformed the country from one of the poorest into a lower-middle-income country.

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Streamline Supplier Onboarding and Data Management with Supplier Management Software

ProcurePort

Effective supplier management is crucial for businesses to maintain smooth operations in their supply chain and drive growth. However, the process of onboarding new suppliers, gathering their information, and managing supplier data can be time-consuming and prone to errors when done manually. This is where automated supplier relationship management software comes into play.

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The Big Interview with Julian Hackett

Procurement Heads

For Procurement Heads ‘ latest Big Interview, he spoke with Gemma Burman about his procurement career. How did you get into procurement? My background before I went into procurement was in stores management and stock control. I took a position with Balfour Beatty Rail Infrastructure and part of my remit was to set up new stores for them at their Beeston Depot.

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UPS, Teamsters agree to new terms for deliveries using the Postal Service

Supply Chain Dive

The tentative deal regarding the delivery giant's SurePost service is subject to ratification of the next national contract, which is still being negotiated.

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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 Managers — The Ultimate Guide

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Procurement Managers — The Ultimate Guide Procurement managers are not easy, but the role is rewarding, interesting, and crucial to the success of a business. However, what are their roles in procurement? In this article, we will discuss what procurement managers do and their importance in procurement.

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The Laws of Supply and Demand Meat at Tyson Foods

Art of Procurement

In his book, An Inquiry into the Nature and Causes of the Wealth of Nations, Scottish Enlightenment thinker Adam Smith. The post The Laws of Supply and Demand Meat at Tyson Foods appeared first on Art of Procurement.

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Episode 117: Title 42 Comes to an End with Kris Lance

Una

EPISODE 117 Title 42 Comes to an End with Kris Lance By Kelly Barner | May 31, 2023 On May 11th, Title 42 came to an end with the expiration of the Federally-declared public health emergency established in response to the COVID-19 pandemic. Title 42 allowed the border patrol to turn away migrants without allowing them to claim asylum, but carried no penalty for repeated attempts to cross the border illegally.

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Chocolate maker to streamline warehousing, transportation in cost savings push

Supply Chain Dive

Rocky Mountain Chocolate Factory's planned measures include exiting now-unnecessary storage facilities and outsourcing its last mile fulfillment needs.

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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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Inventory Control — What You Should Know

Procurement Tactics

51 ChatGPT Prompts to 10X Your Productivity in Procurement Success! First Name Email Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Control — What You Should Know Inventory control allows businesses to ensure that the right amount of supply is available to meet the customers’ demands. However, what is it? In this article, we will discuss what inventory control is.

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5 Common Supply Chain Resume Mistakes to Avoid

SCMDOJO

Are you looking to enhance your chances of landing a supply chain role? As someone with extensive managerial and recruiting experience spanning over 15 years, I’ve had the opportunity to review a staggering number of resumes, totaling more than 200. Through this process, I’ve identified a recurring pattern of errors that often lead to these CVs being overlooked.

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Climate Change Threatens a World Without Doritos

Supply Chain Brain

Climate change is causing supply chain disruptions for several of the commodities that are used to make Doritos like corn, salt, sunflower oil and dairy.

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Labor disruptions throughout West Coast ports sow uncertainty

Supply Chain Dive

Five ports in California and Washington experienced issues Friday as terminal jobs went unfilled. Stakeholders are warning ripple effects could be felt in the coming days.

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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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Sustainability Statistics 2023

Procurement Tactics

51 ChatGPT Prompts to 10X Your Productivity in Procurement Success! First Name Email Download 51 Prompts →  Or receive our famous weekly newsletter Sustainability Statistics 2023 — 20 Key Figures Technological advancements here and there. That’s the common trend nowadays as people are increasingly achieving their feat in various fields. However, does humankind ever look back to where it started?

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[Pod] Exploring the Potential for Applying AI in Procurement w/ Florin Tufan

Art of Procurement

“The reason you need AI is because you never know what you don’t know. Procurement has to be able to. The post [Pod] Exploring the Potential for Applying AI in Procurement w/ Florin Tufan appeared first on Art of Procurement.

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Finding And Vetting The Right Suppliers With The Help Of Sourcing Agents

Procurement Freelancers

The sourcing procedure, which is used to purchase products and services, includes finding and evaluating… The post Finding And Vetting The Right Suppliers With The Help Of Sourcing Agents first appeared on Procurement Blog | Procurement & Supply Chain News.

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Logistics providers bet on tech to improve warehouse efficiency

Supply Chain Dive

Companies such as Maersk, DHL and SEKO Logistics have trialed new technologies over the past year. Here are 10 stories that show how.

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

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How Field Service Innovations Can Help Deliver Net-Zero Emissions

Supply Chain Brain

In 2021, just one in five of the 2,000 largest publicly listed companies committed to net-zero policies for carbon emissions. A wake-up call is needed, and field service operations are on the front line to deliver it.

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Connected products at the edge

IBM Supply Chain Blog

There are many overlapping business usage scenarios involving both the disciplines of the Internet of Things (IoT) and edge computing. But there is one very practical and promising use case that has been commonly deployed without many people thinking about it: connected products. This use case involves devices and equipment embedded with sensors, software and connectivity that exchange data with other products, operators or environments in real-time.

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Frictionless Supply Chain: Connecting manufacturers to their customers

SCMR (Supply Chain Management Review)

Listen in as Rosemary Coates and Ruyi Gaffney, COO at CONNEX, talk about connecting manufacturers to buyers. Rosemary Coates, executive director of the Reshoring Institute, hosts this episode of The Frictionless Supply Chain.

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A labor flareup is affecting operations at several West Coast ports

Supply Chain Dive

The ports of Los Angeles, Oakland and potentially others are experiencing disruption due to the shortfall. This is a developing story.

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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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Brazil Banks to Deny Credit to Meatpackers Linked to Amazon Destruction

Supply Chain Brain

The sustainability standard requires slaughterhouses to adopt a tracking system to monitor their entire supply chain in the Amazon region and Maranhao by December 2025.

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Join us at PrestoCon Day, a free virtual community event

IBM Supply Chain Blog

The Presto Foundation is excited to share its upcoming virtual community conference PrestoCon Day , taking place on 7 June 2023. Register for the free, virtual event What is Presto? Presto is an open-source, fast and reliable SQL query engine that provides one simple ANSI SQL interface for all your data analytics and your open lakehouse. Some of the biggest companies in the world are contributing to the Presto open-source project, including Meta, Uber and Intel.

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Finland Abundant with Clean Energy

Procurement Bulletin

Finland Abundant with Clean Energy With the war in Ukraine affecting energy prices in Europe in recent times and many countries in Europe worried about an energy crisis and whether they could pay for heating and cooling, Finland has had a completely different experience: an abundance of clean energy. In fact, Finland had such an abundance of clean energy this past week, it caused clean energy prices into the negative (for just a short moment).

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ASCM launches new certificate to train supply chain workers in tech

Supply Chain Dive

CEO Abe Eshkenazi said companies continue to prioritize technology spend, and workers need training to understand concepts like big data, machine learning and AI.

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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