Sat.Apr 15, 2023 - Fri.Apr 21, 2023

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How Procurement Can Risk-Proof an Organization During a Recession

Una

Pain Points in Procurement Series How Procurement Can Risk-Proof an Organization During a Recession Five steps procurement can take to risk-proof an organization against the impacts of a looming economic recession. By Hugo Britt | April 20, 2023 Search Welcome to Una’s Pain Points in Procurement series. Each week, the Una team will explore one of ten common pain points impacting procurement today, and put forth actionable solutions to each of these challenges.

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Building the Pipeline: Five Ways to Lift Female Supply Chain Leaders

Supply Chain Brain

As a leader in end-to-end delivery and transportation with a career spanning over 15 years as an omni-channel supply chain and operations leader, I have often been the only woman in the room.

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Make your R&D procurement more efficient with one powerful solution

Jaggaer

The post Make your R&D procurement more efficient with one powerful solution appeared first on JAGGAER.

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What Does a Procurement Manager Do? Job Description and Requirements

SCMDOJO

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck. But what exactly does it entail and what qualifications do you need to thrive in this dynamic role?

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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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Sustainable Goals in Procurement — Embracing Sustainability

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Goals in Procurement —Embracing Sustainability Sustainable goals in procurement help it to stay on track with its sustainability objectives in its activities. However, what are these goals? In this article, We will tell you what are sustainability goals and their importance in your procurement process.

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Chatbots Could Help Your Supply Chain

Supply Chain Brain

Software companies are looking at how the tool can improve forecasting, procurement, inventory management and even the nuts and bolts of shipping decisions.

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Sustainable Suppliers — Everything About Sustainability

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Suppliers — Everything About Sustainability Sustainable suppliers can help companies to achieve sustainability, especially in their procurement activities as they can meet the standards for environmental and social issues.

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Building Dynamic Teams in Procurement

Una

Building Dynamic Teams in Procurement How effective leaders can use trust, diversity and inclusion to build dynamic teams in procurement and transform the way the function operates. By Mackenzie Oakley | April 18, 2023 Search This article is inspired by a recent episode of The Sourcing Hero podcast featuring Harold Hendrickx, a fractional CPO and the founder of TransExecutive, a company that deploys the Procurement Task Force model to help procurement teams enable, optimize, transform, and rapid

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Circular Recycling in the Manufacturing Sector

Supply Chain Brain

Investment in circular recycling isn’t just essential from an environmental standpoint; it can also be a smart business decision.

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Supply Chain Weekly Wrap-Up 04/14/2023-04/20/2023

All Things Supply Chain

EU finalizes €43 Billion European Chips Act The European Union (EU) has finalized a €43 billion bid to increase domestic semiconductor production, in the wake of prolonged and ongoing disruption…

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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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Sustainable Community — Embracing Sustainability

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Community — Embracing Sustainability A sustainable community is one of the aims of integrating sustainability in every business. However, how can you help a community be stable with sustainable procurement? This article will discuss what sustainable procurement and community are.

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Hutchinson Expands its Procurement Digitalization Roadmap with Ivalua

ivalua

Redwood City, CA, 20 April 2023. Ivalua, a global leader in spend management , and its partner Axys Consultants today announced that Hutchinson has selected Ivalua’s eProcurement software to expand the scope of its currently implemented solution and meet its evolving procurement requirements. Hutchinson is a global leader in the design, manufacture, and sale of smart mobility solutions for a variety of markets including automotive, aerospace, defense, rail and industries.

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[Pod] The Power and Danger of Asking Good Questions

Art of Procurement

In the 5th century BC, Socrates was teaching the Athenian people to think for themselves. He taught by asking questions: The post [Pod] The Power and Danger of Asking Good Questions appeared first on Art of Procurement.

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China sourcing tied to largest supply chain risks of 2023: report

Supply Chain Dive

Insolvencies, COVID-19 disruption and ties to forced labor raise the possibility for delays and reputational harm, according to analytics firm Everstream’s annual risk report.

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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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Sustainable Government Procurement — Shifting to Sustainability

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Government Procurement — Shifting to Sustainability Sustainable government procurement is the commitment of the government to achieve sustainability in its purchases. However, what is it? In this article, we will discuss what sustainable procurement means.

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Episode 111: Taking Intelligent Risks with Mark Trowbridge

Una

EPISODE 111 Taking Intelligent Risks with Mark Trowbridge By Kelly Barner | April 19, 2023 We’ve all been mired in years of paralyzing risk and disruption… but could risk taking be just what this moment calls for? Yes – as long as the risks are “intelligent risks.” In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Mark Trowbridge.

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Global Supply Chains are Operating more Efficiently, Report Finds

Supply Chain Brain

The report also found that global transportation costs have fallen below their long-term average thanks to lessening pressures on shipping, rail, air and road freight.

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CPKC inks intermodal deal with Schneider

Supply Chain Dive

The trucking company will provide service along the railroad's north-south corridor, which connects the U.S. and Mexico.

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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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Supplier Assessment — Embracing Sustainability in Procurement

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supplier Assessment — Embracing Sustainability in Procurement Supplier assessment is needed when selecting the right supplier to achieve sustainability in your procurement process. However, how do you do it? This article will discuss what supplier assessment is in sustainability and how important it is to assess your suppliers.

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Global supply chain health: Decoding the value of supply chain indices

SCMR (Supply Chain Management Review)

Supply chain indexes tell different stories based on the data they collect, but looking at them collectively can provide a more accurate assessment.

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ISO 20022: Are your payment systems ready?

IBM Supply Chain Blog

ISO 20022 is a global standard for financial messaging that aims to standardize electronic data interchange between financial institutions. It provides a structured way of exchanging data for financial transactions, including payments, securities and trade services. The International Organization for Standardization (ISO) developed the standard, which is being adopted by countries and financial institutions worldwide.

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New York City to test local delivery hubs

Supply Chain Dive

Microhubs will provide designated locations for trucks to unload items for last mile delivery providers in a pilot program starting this summer.

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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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What Supply Chain Disruption Means for Retail Cybersecurity

Supply Chain Brain

Retailers should review their overall cybersecurity posture and follow some best practices to limit their supply chain attack risk.

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How to Shift Power in a Negotiation

Negotiations Ninja

Jack Schafer spent much of his career in counterintelligence in the FBI. But during his last seven years at the FBI, he worked in the Behavioral Analysis Unit (BAU), where they’d design interview strategies based on the vulnerabilities of someone’s personality. There are numerous psychological tactics that you can use in negotiations.

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MARKET LEADER – 2023 Ardent Partners ePayables Technology Advisor

ivalua

The post MARKET LEADER – 2023 Ardent Partners ePayables Technology Advisor appeared first on Ivalua.

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Canadian Pacific, Kansas City Southern combine into CPKC

Supply Chain Dive

The united company is expected to spark more competition in the rail industry and expand shipper access to ports across North America.

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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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Only a Quarter of Suppliers Use Real-Time Tracking Tools to Manage Cargo

Supply Chain Brain

Just 25% of suppliers use real-time shipping visibility tools even though 73% of supply chain professionals say real-time shipment visibility is a “must-have” feature.

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IBM and Texas A&M AgriLife provide data, technology and expertise to farmers in need

IBM Supply Chain Blog

In Texas, 2022 was one of the driest years on record. With failed crops, low yields for farmers and diminished grazing for cattle, the Texas Department of Agriculture identified climate change as a potential threat to the state’s food supply. Smallholder farmers, particularly those in arid and drought-prone regions, struggle to manage their farms because they lack access to guidance on how much water to use for specific crops to ensure a good yield. “We’re in hills, so some are

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What is a blockchain and why should you care? Part 1

Spend Matters

Categories: Procurement Strategy & Planning Tags: PRO Spend Matters begins a series of investigations into how blockchain technology can be used in the procurement process. Blockchain has the potential to be extremely useful to companies during the entire source-to-pay process if applied in the right way, from preventing risk in invoices, POs and contracts to tracking products in the supply chain.

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David’s Bridal owes $27.5M to vendors as it navigates bankruptcy

Supply Chain Dive

The wedding apparel retailer owes millions to the joint venture that procures the bulk of its merchandise outside North America.

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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.