Sat.Sep 10, 2022 - Fri.Sep 16, 2022

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World Sustainable Procurement Day — The Ultimate Guide

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. Or receive our famous weekly newsletter. World Sustainable Procurement Day — The Ultimate Guide. World Sustainable Procurement Pay is an important event that is attended by many procurement professionals all over the world. However, why is it significant for people who are in the procurement industry?

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How to forecast market trends using procurement data

RPF360

This guest post, exploring how to leverage procurement data, was written and contributed by technology expert Jenn Fulmer of TechnologyAdvice. Over the last few years, supply chains experienced major disruption due to global challenges and fundamental market shifts. While no one could have predicted the specific circumstances and outcomes, we find ourselves now [.].

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The Best Strategies for Ensuring On-Time Deliveries

All Things Supply Chain

Today’s consumer industry prioritizes efficiency more than anything else.

Strategy 247
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Understanding The 7-Step Strategic Sourcing Process Flow

ProcurePort

• How can you take advantage of the Strategic Sourcing Process flow to get your organization back on track? • Marketwatch.com informs us that while the United States economy isn’t in a recession, it’s still depressing. However, it’s not all doom and gloom as the economy is on a slow climb out of the chaos […]. The post Understanding The 7-Step Strategic Sourcing Process Flow appeared first on ProcurePort Blog.

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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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Sustainable Logistics — 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 Logistics — The Ultimate Guide. Sustainable logistics is aimed by many organizations as it can achieve their corporate social responsibility and enhance their overall process. However, how can logistics achieve sustainability?

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CPO Spotlight: Rachel Scarrett

Procurement Heads

We spend about a billion pounds each year through our supply chain of approximately 500 suppliers. I have a team of 30 people with end-to-end category management responsibility. Procurement and supplier management are carried out by separate teams under my leadership. I also have accountability for the supply chain third-party management risk and environmental, social and governance (ESG) strategy.

More Trending

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You Didn’t Know These 7 Steps of an Effective Purchasing System

ProcurePort

• Purchasing is the lifeblood of any functional business organization. Organizations must procure from internal and external suppliers to operate fluidly and optimize performance. • Organizations are also looking at how they can leverage globalization by deploying software, systems, and technologies that help them collaborate with strategic vendors. • Working with local suppliers at grass […].

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Sustainable Procurement Policy — 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 Policy — The Ultimate Guide. A sustainable procurement policy is in place to help businesses. However, what kind of help does it do for businesses? In this article, we will talk about what sustainable procurement policies are.

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Railroads cut service in preparation for potential strike

Supply Chain Dive

Shippers are calling on Congress to intervene if railroads cannot reach an agreement with two of the largest unions by the end of the week.

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Episode 82: Winning at the Game of Risk with Rohit Hajela

Una

Episode 82: Winning at the Game of Risk with Rohit Hajela. By Kelly Barner | September 14, 2022. The speed of change is so fast these days that we are living in the future already. As a result, risks from cybersecurity and ransomware are increasing – as are the costs and business implications associated with them. In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Rohit Hajela.

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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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Why You Need to Automate Your Procure-to-Pay Process

ProcurePort

• Businesses today understand the need to be competitive not only in the prices they offer customers but also in the way they carry out their operations. The procure-to-pay process represents one of the ways for businesses to streamline internal operations. • Prime steps for automating procure to pay process including purchase requisition, purchase orders, […].

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Building Digital Resilience With Supply Chain 5.0

Supply Chain Brain

Some visionaries are predicting a Fifth Industrial Revolution: a reconciliation between humans and machines. This is what Supply Chain 5.0 speculates.

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Air cargo volumes continue dip, but ‘seller’s market’ may soon return: Clive

Supply Chain Dive

August's volume drop was softer than the declines seen in June and July, which could be an early sign of demand and rates picking up as peak season nears.

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10 Lessons From Good Bosses!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Lessons from Bad Bosses! We believe that you can learn something from everyone. That doesn’t mean everything you learn is positive, as we’ve discussed in our article on Lessons from Bad Bosses. But here we did want to accentuate the positive and discuss lessons learned from Good Bosses!

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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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Ingredient shortages taking toll for food manufacturers

Strategic Sourceror

From cereal staples like Cheerios to snack treats like Ho-Hos and Ding Dongs, pantry staples are beloved by grocery buyers because they know what they're getting with each bowl or individually wrapped snack cake. And the companies that make them know exactly how much sugar, flour, grain and other ingredients these foods must have to churn out the packaged goods customers have eaten their entire lives.

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U.S. Railroad Workers Prepare for Strike as Rail Companies See Record Profits

Supply Chain Brain

A strike — the first since 1992 —. could cost the U.S. economy $2bn a day, according to a recently issued Association of American Railroads report, and workers say they will quit an industry already facing staff shortages.

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Redefining the Value Proposition of Procurement

Una

Redefining the Value Proposition of Procurement. By Hugo Britt | September 15, 2022. For Director of Global Sourcing for Medline Industries Brian Chaplin, being a sourcing hero means listening, learning, and taking action. “ It’s about being an active listener, being able to learn… and then driving change. That’s key for me. The people that I think are heroes are able to put aside what they think and truly listen to buyers, purchasing managers , and senior managers, and really learn from t

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Systems Using Digital Currency Let You Make More Money!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 4 Methods to Use Cryptocurrency to Make Money! Electronic advancements give individuals a wide range of ways to make money , including systems using digital currency. One of the ways to earn money is to engage in bitcoin trading by choosing a reliable trading platform and sign in.

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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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Port of LA urges shippers to return as operations return to normal

Strategic Sourceror

Of the United States' over 900 shipping ports, the Port of Los Angeles is the country's largest. In addition to being the entire continent's busiest, the LA authority has maintained this distinction for more than 20 years in a row, moving more shipping containers annually than any other at 9.2 million. But for the better part of two years now, the Port of Los Angeles has been the most problematic port, beset by supply chain pinch points and bottlenecks that have beleaguered the busin

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Managed Logistics Meets Five Challenges for Complex Supply Chain Operations

Supply Chain Brain

Whatever the business — from fast-moving consumer goods to pharmaceuticals or automotive — the success of any enterprise is the result of its vertical market expertise.

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New Suppliers on Thomasnet.com for September 2022

The Thomas Blog

Exciting new B2B companies are being established across the U.S. and Canada every day, and every month, hundreds of them are joining Thomasnet.com ®. We're highlighting ten of the most notable and innovative companies below to bring some of the unique services and products they provide to the forefront. 1. Asphalt Anchors. Based in West Orange, NJ, Asphalt Anchors is a company that specializes in the production of asphalt anchors, which are specialized for asphalt to allow for mounting objects a

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Amazon buys mechatronics firm to fold into robotics division

Supply Chain Dive

With Cloostermans, the retail giant intends to “more rapidly deploy solutions” that support employees, improve safety and cut packaging waste.

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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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The 13 Most Preferred Cryptocurrencies!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Different Types of Cryptocurrencies! Are you looking for the best cryptocurrency ? This trend drives cryptocurrency by providing an alternative to the failed trust-based relationships many companies are forced to rely upon. Let’s review the top 13 most preferred cryptocurrencies.

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Controlling Unconscious Bias Toward Suppliers

Supply Chain Brain

Rather than continually reassessing and optimizing supplier arrangements in an effort to ensure ongoing best value, many companies slip into a pattern of relying habitually on the same limited group of supply chain partners. .

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New and Noteworthy Categories on Thomasnet.com for September 2022

The Thomas Blog

Since industry is constantly growing and evolving, Thomasnet.com ® is too. Our platform has over 75,000 categories of products and services, from alloy to zinc, for professionals like you to source from. And thanks to our industry specialists, we are constantly researching and adding to our platform with new supplier categories to help you keep up with current market trends. 1.

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Amazon cancels, delays dozens of warehouses as it looks to rightsize capacity

Supply Chain Dive

The e-commerce giant is slowing its network expansion after excess capacity and less productive facilities saw billions of dollars in added costs.

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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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Will Bitcoin Replace Fiat Money?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Is Bitcoin Gold or Fiat Currency? The common advantages people take from cryptocurrency as opposed to fiat money are the return on investment and great storage. The advantage for the government to appreciate the growth in Bitcoin is the tax policy through which they can make maximum revenue.

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Watch: The Real Meaning of ESG in the Supply Chain

Supply Chain Brain

The term ESG — environmental, social and governance — is familiar to most companies today. But the concept as it relates to corporate action isn't fully understood, says Bonnie Nixon, director of ESG and sustainability with Long Beach Container Terminal. .

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Bridging Payment Terms to Manage and Scale Global Trade Amid an Inflationary Economy

Let's Talk Supply Chain

By Nelson Holzner, CEO and Co-Founder of MODIFI. Inflation is sweeping the globe in a way not seen since the 1980s. This, coupled with other external factors like clogged ports, only continues to exacerbate the havoc that disrupts the global supply chain. Exporters now find themselves in a difficult position where they must balance gambling on increased credit risk from buyers, navigating slower logistics and remaining one step ahead of their competition by offering favorable payment terms.

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Inflation is a lot worse than it seems, as companies do not always pass on the costs

Supply Chain Dive

A small food manufacturer's experience in Texas outlines the difficult choices it takes to absorb rising costs, write three professors.

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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