Global

Autonomous Last-Mile Delivery in E-commerce

Posted: 05/15/2020 - 01:24
Author: Koyel Ghosh
Autonomous Last-Mile Delivery

It must be an amazing feeling to get your online order delivered the next day or on the very same day itself. You would not only feel special but would also develop trust and reliability for the respective company. Nevertheless, the scenario used to be quite different. But, in the last few years, high-end innovation in technology has boosted the logistics industry in more than one way, while driving the e-commerce industry with the same spur.

COVID-19 AND TRADE REGULATIONS

Posted: 05/13/2020 - 00:37
Author: Andrew Hood
COVID-19 TRADE

The COVID-19 pandemic poses fundamental questions for governments and businesses about the resilience of international trade.

How to ensure supplies of crucial goods (medical supplies, food) that are dependent on global supply chains?

How to survive the immediate crisis and be best placed, with suppliers and customers, to resume production as soon as conditions allow? 

How to protect national industries while retaining the benefits of free and fair international trade?

THE NEED FOR ONLINE COLLABORATION — NOW, MORE THAN EVER!

Posted: 05/11/2020 - 23:10
Author: Sophie Pope
ONLINE COLLABORATION

In this two-part blog series, we’ll take a look at how to better position organizations in order to improve business continuity and resilience. Part 1 looks at the current state of collaboration between procurement and finance, and what these two teams can start doing to improve workflow, efficiency and bottom-line impact.

Attracting and Engaging Moms Returning to the Workplace

Posted: 05/08/2020 - 22:04
Author: Rachel Morar
Moms in the Workplace

The Benefits of Hiring Moms

Companies in the UK continue to overlook the significant benefits that come with hiring moms wanting to return to the workplace. In fact, senior decision-makers underestimate the host of skills moms come equipped with, all of which they would not have had the opportunity to develop if they had remained within a role leveraging the same skills every day. These include, but are certainly not limited to, increased productivity, efficiency, empathy and a greater capacity to multitask. 

Rebuilding a Broken Chain: How Agility Can Save The World

Posted: 05/08/2020 - 05:54
Author: Erin McFarlane

There were two stories in recent news that grabbed my attention.  All across the country, food banks are overwhelmed with demand.  Families in desperate need waited for hours for a week’s worth of supplies over Easter weekend, with lines of cars stretching for miles. The demand outstretched many facilities’ ability to fulfill, with some leaving empty-handed, or with less than they need.

B2B Digital Marketplaces: Paving the Way Forward in Procurement and Sourcing

Posted: 05/06/2020 - 05:32
Author: Sharon Ruddock
B2B Digital Marketplace

Growing a recognizable brand while remaining cost-efficient are two key imperatives for businesses as they continue to transform their organizations digitally. Procuring software through digital channels and online solutions is increasingly popular as a way to keep pace with these initiatives.

Making Indirect Spend Take the "Shortest Way"

Posted: 05/04/2020 - 02:26
Author: Julien Nadaud
Indirect Spend

Procurement is famous for our terminology – it is perhaps the one area where we’ve mastered the fine art of marketing. The labels "direct" and "indirect" spend are a perfect example. Direct spend materials are eventually sold to the customer, and therefore they are essential. Very important. The management of direct spend determines the size and health of the corporate top line. As a result, procurement may or may not have access to manage direct spend categories.

How to Find Calm in the Midst of Chaos

Posted: 04/29/2020 - 04:32
Author: Deborah Cunningham
Mindfulness

We are in an unprecedented time around the world, with an extremely wide gap in coping skills. Finding calm and peaceful moments is more important than ever right now. Chronic stress and anxiety takes an incredible toll on many bodily systems, most crucially, the immune system. If we can regulate our own emotions, we can pay better attention to those around us and increase empathy and morale.

The Cyber Skills Gap isn’t Going Anywhere and Businesses Need to Adapt

Posted: 04/27/2020 - 21:08
Author: JohnClaudeHesketh
Cybersecurity Talent

The constant cyber threat has completely changed the way boards around the world approach risk. A robust cybersecurity posture is no longer a “nice-to-have” but a business priority, especially at a time of almost pervasive threats. As the need to protect customer data grows, business leaders have been attempting to work out how best to respond to this new reality, and, most importantly, whose responsibility it should be.

Shifting Source-to-Pay Operations to Serve the Values-Based Consumer

Posted: 04/23/2020 - 07:10
Author: Shannon Kreps
Corporate social responsibility

Legislation regarding the environment, modern slavery and other sustainable procurement laws are coming into force at a breakneck pace. By embracing change now and adopting ethical and sustainable procurement, organizations can get ahead of the curve. Also, this socially responsible commerce movement is being thrust into the forefront of how business will operate moving forward, given the guidelines for the recent stimulus bill passed in the U.S.

6 Tips to Drive Sustainable Procurement

Posted: 04/22/2020 - 22:07
Author: Cindy Rittel
Sustainable business

In 2020, you can bet your bottom dollar that consumers won’t be spending theirs on your products if you aren’t striving to operate sustainably.

For years, naysayers have argued that the consumers who say they want sustainable products aren’t actually willing to part with the extra cash to acquire them, opting for fast-fashion and plastic packaging over higher price points. Recent research proves this is simply not the case.

7 Steps to Build and Execute your Sustainable Procurement Initiative

Posted: 04/20/2020 - 05:26
Author: Anne Riihimäki
Sustainable procurement

Identify Your Sustainability Priorities

To build a sustainable procurement process that complements your company’s core mission, the next step to take after conducting a thorough spend analysis is to identify the blend of environmental, social and economic sustainability goals your organization both prioritizes and is able to make real impact by addressing.

4 Ways to Accelerate Your Impact Sourcing Strategy

Posted: 04/17/2020 - 22:57
Author: Cindy Gallagher
Talent management

Across all industries, talent is our single most important resource. Our corporate strategies rise and fall in line with the experience, commitment, and uniqueness of our talent pool. One can often point to economic circumstances, seasonality of your business or other external factors affecting your market position, however even in times of an economic downturn, your talent makes you stand out above your competitors and helps you overcome the downturns faster than others.

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