Procurement Leaders

AUGUST 2, 2023

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.

Procurement 182

Procurement Vendor management Procurement team Contract 182

Procurement Leaders

AUGUST 2, 2023

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

Procurement 100

Procurement Sustainability Strategy 100

Spend Matters

AUGUST 1, 2023

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.

Procurement 79

Procurement Supply Chain Optimization Supply Chain Efficiency Procurement solutions 79

Supply Chain Dive

AUGUST 1, 2023

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

Consumer demands 84

Consumer demands Price Demand 84

Advertiser: GEP

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.

Supply chain

CPO Rising

AUGUST 2, 2023

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.

Chief Procurement Officer 52

Chief Procurement Officer Procurement Supply management Management 52

All Things Supply Chain

AUGUST 4, 2023

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.

Supply chain 196

Supply chain Supply Logistics 196

Let's Talk Supply Chain

JULY 31, 2023

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.

supply chain software solutions 98

supply chain software solutions Logistics Sustainability supply chain budgeting 98

Supply Chain Brain

AUGUST 2, 2023

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.

Suppliers 98

Suppliers Procurement 98

All Things Supply Chain

AUGUST 2, 2023

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

Sustainability 211

Sustainability Supply chain Supply Logistics 211

Procurement Heads

AUGUST 1, 2023

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

Risk Export Strategy Supply chain 130

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.

Sustainability

Procurement Freelancers

JULY 31, 2023

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.

Procurement strategies 96

Procurement strategies Strategy Procurement Supply chain 96

SCMDOJO

AUGUST 4, 2023

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.

Inventory 90

Inventory Supply Chain Efficiency Supply Chain Optimization Raw materials 90

Supply Chain Brain

JULY 30, 2023

When a freight broker becomes a trucker, it inherits all of that industry’s built-in headaches. But Sage Freight was determined to operate efficiently in a notoriously unstable market.

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98

Supply Chain Dive

JULY 31, 2023

E-commerce and warehouse construction activity are showing signs of recovery, which could lead to increased demand for automation tools, according to Interact Analysis.

Demand 91

Demand 91

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

Logistics

Procurement Freelancers

AUGUST 1, 2023

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.

Sourcing 95

Sourcing Supply chain Procurement Supply 95

SCMR (Supply Chain Management Review)

AUGUST 3, 2023

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.

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90

Supply Chain Brain

JULY 31, 2023

Supply chain attacks are extensive, meticulously planned, and take advantage of the trust between business associates and third-party software providers.

supply chain software solutions 98

supply chain software solutions Supply chain Supply 98

Supply Chain Dive

AUGUST 2, 2023

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.

Contract 91

Contract 91

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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.

Supply Chain Efficiency

Spend Matters

JULY 31, 2023

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.

Market knowledge 81

Market knowledge Procurement Data Contract 81

Procurement Bulletin

JULY 30, 2023

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.

Supply chain 79

Supply chain Supply Management 79

Supply Chain Brain

JULY 31, 2023

The U.S. needs to get to a place where it's easier for factories and mines to source battery materials, says Gene Berdichevsky, the co-founder of Sila Nanotechnologies.

Sourcing 98

Sourcing Innovation 98

Supply Chain Dive

AUGUST 2, 2023

The bill's introduction follows moves from Puma and Nike to discontinue the use of kangaroo skin in their supply chains by the end of 2023.

Import 96

Import Supply chain Supply 96

Advertiser: GEP

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.

Procurement

Spend Matters

AUGUST 2, 2023

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.

supply chain budgeting 79

supply chain budgeting Procurement Supply chain Suppliers 79

SCMR (Supply Chain Management Review)

AUGUST 2, 2023

Artificial intelligence can change how we move air cargo – using education instead of training is the recommended approach to prepare for the changes.

Logistics 83

Logistics 83

Supply Chain Brain

AUGUST 3, 2023

The EU warned developing countries that Russia would begin offering cheap grain as a way to create new dependencies stemming from economic vulnerabilities and global food insecurity.

Price 98

Price 98

Supply Chain Dive

JULY 31, 2023

ILWU Canada members voted to reject a tentative deal last week due to safety, wellbeing and work jurisdiction concerns. But by Sunday, stakeholders had found a new settlement.

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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,

Supply Chain Optimization

SCMDOJO

AUGUST 2, 2023

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 75

Import Quality Risk Suppliers 75

The Network Effect

AUGUST 3, 2023

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

Strategy 89

Strategy Supply chain Networking Supply 89

Supply Chain Brain

AUGUST 1, 2023

The J.P. Morgan Global Manufacturing Purchasing Managers’ Index registered a score of 48.7 during July, matching the index’s lowest level since June 2020.

Purchasing 98

Purchasing Management 98

Supply Chain Dive

JULY 31, 2023

A regional fulfillment model, machine learning and the use of same-day delivery facilities helped the company achieve that milestone, an executive said.

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Advertiser: ZoomInfo

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

Buyers