Sat.Jul 29, 2023 - Fri.Aug 04, 2023

article thumbnail

How procurement can solve IR35 and save millions

Procurement Leaders

In my 27 years in procurement, I’ve rarely encountered a savings opportunity as lucrative as that offered by IR35 – the UK tax rules on off-payroll working. Implemented correctly, you’ll deliver seven- or even eight-figure annual savings, directly impacting the bottom line, not cost avoidance. The reality is that far too many procurement teams are missing the trick, believing that IR35 is too complex and that they face too many internal hurdles.

article thumbnail

Latest research: Purpose-driven procurement: Entering an age of holistic value

Procurement Leaders

In association with Ivalua: Leaders must rethink their priorities, metrics, and how they position procurement as the function becomes synonymous with ESG

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Analyst Eye on ancient challenges procurement faces

Spend Matters

Continuing our series of analyst observations on procurement tech market movements, this week we are considering how technology serves as an enabler for procurement to expand from purely occupying a savings role to an orchestrating one. The Spend Matters analyst team learns as much from the various workshops and advisories in which we participate as the solution providers with whom we work.

article thumbnail

Manufacturing is in a trough, but economists say recovery is on the way

Supply Chain Dive

While consumer demand remains low, manufacturers are preparing for better days ahead, with slightly improved production levels and stable prices.

article thumbnail

Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.

article thumbnail

Procurement News — August 2, 2023

CPO Rising

Welcome to Procurement News, part of our ongoing aggregate news series covering recent supply management headlines and trends pertinent to Chief Procurement Officers and other procurement leaders. Contact us with your news story here.

article thumbnail

Can the Trucking Industry adapt to the EV model in the Future?

All Things Supply Chain

The trucking industry is moving towards electric trucks to improve sustainability within the supply chain.

More Trending

article thumbnail

Yellow shutdown may lead to sticker shock for shippers, analysts say

Supply Chain Dive

With bankruptcy looming for the major LTL carrier and its low-cost services, shippers will likely see rate hikes for similar services.

98
article thumbnail

7 Reasons Why You Should Reduce Inventory

SCMDOJO

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. In this article, we’ll explore seven compelling reasons why you should reduce inventory and how it can be a game-changer for your business.

article thumbnail

Supply Chain Weekly Wrap-Up 07/28/2023-08/03/2023

All Things Supply Chain

Amazon opens robotics FC in Detroit Amazon has opened its first operations facility in Detroit, a robotics fulfilment center (FC) spanning 823,000 square feet.

article thumbnail

Are you de-risking your reliance on China?

Procurement Heads

Previously, EU countries sought to strengthen investment ties with China, but in recent geopolitical developments, China’s refusal to condemn Russia’s actions in Ukraine, and concerns over human rights violations have prompted a re-evaluation. While EU-China economic ties remain strong, the pandemic and conflicts have exposed the risks of depending heavily on China for critical supplies.

Risk 130
article thumbnail

How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

article thumbnail

General Dynamics sees greater supplier predictability, catch-up compliance

Supply Chain Dive

The aerospace and defense giant delivered 24 Gulfstream aircraft in Q2, and aims to deliver 27 in Q3.

article thumbnail

CSCMP and Chi Studios Launch Supply Chain Leadership Program

Supply Chain Brain

The CSCMP Executive Supply Chain Academy will provide industry leaders with the skills needed to navigate current and future challenges in the supply chain space.

article thumbnail

The Market Speaks: Procurement practitioner requirements and the tech vendor response — Tradeshift

Spend Matters

Spend Matters constantly updates its understanding of the state of the procurement tech market via RFIs for our SolutionMap dataset, vendor interviews, global event attendance and product demos with the aim of keeping tech-selection decision makers ahead of market trends. But we also endeavor to grow our understanding of the wants and needs of the customers using that tech – the practitioners.

article thumbnail

352: Simplify Freight By Rail, With Commtrex

Let's Talk Supply Chain

Today I’m joined by Commtrex, an award-winning brand that is on a mission to simplify freight by rail. Commtrex is a tech-enabled rail logistics provider with a team of experienced rail professionals, an extensive network of partners, and a best-in-class technology platform that simplifies the movement of freight and creates a competitive advantage.

article thumbnail

A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026

Speaker: Jason Cottrell and Gireesh Sahukar

Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.

article thumbnail

Paccar projects boost in production for 2023

Supply Chain Dive

Despite lingering supply chain issues, the OEM aims to build at least 290,000 Class 8 trucks for the U.S. and Canada market.

article thumbnail

American Airlines in Talks with Airbus, Boeing for 100-Jet Deal

Supply Chain Brain

The U.S. airline is considering Boeing’s 737 Max and Airbus’s A321neo to replace aging 737-800, A319 and A320 single-aisle models later this decade.

98
article thumbnail

Market trends in procurement technology 2023

Spend Matters

Twice a year, the Spend Matters analyst team works to score vendors in a data-driven process called SolutionMap which assesses the technical capabilities of vendors using a rigorous RFI process. This article highlights the changes and trends that our scoring process and general market knowledge has brought to our attention. This content is for members only.

article thumbnail

Why A Service Level Agreement For Your Goods Lift Is Important

SCMDOJO

A service level agreement (SLA) is a document that outlines the expectations of both the provider (in this case, the company that installed your goods lift) and the customer (you, the warehouse manager). It details what services will be provided, how often they will be provided, and what standards will be met. Having an SLA in place ensures that everyone is on the same page and helps avoid potential issues down the road.

Import 98
article thumbnail

State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

article thumbnail

Boeing prepares its supply chain for increased 737 production targets

Supply Chain Dive

The aerospace company delivered 136 total aircraft last quarter, with plans to reach 50 unit deliveries a month by 2026.

article thumbnail

Navigating to Net-Zero: Procurement's Role in Supplier Emissions

Supply Chain Brain

Scope 1 and 2 emissions are currently the “elephant in the room” of many boardrooms. The “mouse in the corner,” however, is Scope 3 emissions, or those that are an indirect result of the company’s value chain—and that mouse is growing larger.

article thumbnail

How to Develop an Effective Procurement Strategy

Procurement Freelancers

Are you prepared to enhance your game and master your procurement process? This article explains… The post How to Develop an Effective Procurement Strategy first appeared on Procurement Blog | Procurement & Supply Chain News.

article thumbnail

Europe Wants the Chips

Procurement Bulletin

UPS Avoids Strike UPS workers avoided a strike by agreeing to a five year deal that includes more pay. Shippers are feeling somewhat relieved to avoid another kick in the gut to supply chains. Europe Wants the Chips Now that AI is dominating everything we hear about these days, everyone is in a race to get semiconductor chips. Not to be outdone by the US chip act, the EU finalized a $47.5b Chips Act , an aggressive objective of producing 20% of the the world’s semiconductor chips by 2030.

article thumbnail

How Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform

Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.

article thumbnail

Overstock attracts new suppliers with Bed Bath & Beyond rebrand

Supply Chain Dive

The retailer has increased its SKU count by 600,000 since it bought the chain’s intellectual property out of bankruptcy.

article thumbnail

Ocean Yield Investing in Four LR1 Oil Tankers

Supply Chain Brain

The ships will be built with special duel-fuel engines that allow the vessels to use methanol as their main energy source.

article thumbnail

From Local Markets to Global Trade: The Role of Sourcing Agents

Procurement Freelancers

The rapidly shifting terrain of international commerce is characterized by constant evolution. Companies must strive… The post From Local Markets to Global Trade: The Role of Sourcing Agents first appeared on Procurement Blog | Procurement & Supply Chain News.

article thumbnail

Available Capacity, Stable Rates Among Shipper Expectations for Next 12 Months

SCMR (Supply Chain Management Review)

A new survey of 500 transportation leaders finds most expect stable, but slightly above normal rates and plenty of capacity over the next 12 months.

90
article thumbnail

Staying Ahead of UFLPA Enforcement: Best Practices for Retail Supply Chains

Speaker: Ethan Woolley, Director at Kharon

This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia

article thumbnail

UPS-Teamsters deal: 8 highlights in tentative contract

Supply Chain Dive

Here’s a deeper look at the planned changes, including less reliance on the U.S. Postal Service for some deliveries and a bargaining process for drone use.

article thumbnail

100 GREAT SUPPLY CHAIN PARTNERS

Supply Chain Brain

SupplyChainBrain's 2023 list of 100 Great Supply Chain Partners.

article thumbnail

7 Supply Chain Strategies for Pharmaceutical Brands to Compete Against Generics

The Network Effect

The post 7 Supply Chain Strategies for Pharmaceutical Brands to Compete Against Generics appeared first on The Network Effect.

article thumbnail

Reinventing Retail at Macy’s

SCMR (Supply Chain Management Review)

Macy’s has doubled down on strategies it put in place before the pandemic, and now it is maximizing inventory and margins.

article thumbnail

From Rigid To Resilient: Why Enterprises Need Modular Commerce Now

Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón

Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how a composable approach helps modernize commerce stacks while maintaining control over critical systems.