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Understanding the Impact of Good Financial Management for Procurement

Procurement Academy

The key to successful procurement operations is having superb financial management. Indeed, spending is the primary action in procurement, and a misalignment in your finances can easily impact your procurement plans and disrupt your access to the supply chain. and how you can do it. Avoid Common Problems.

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Supply Chain Crystal Ball Gazing: Let’s Look Ahead to 2028

Logistics Bureau

So I’ve decided to indulge my craving by daring to speculate about what the supply chain of 2028 might look like. The world may not quite be ready for the latter, but a lot can change physically, economically, scientifically, and politically between now and 2028. It’s Mostly About Automation. Robots Run the Warehouse.

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Understanding the Impact of Good Finance Management on Procurement

Procurement Academy

The key to successful procurement operations is having superb financial management. Indeed, spending is the primary action in procurement, and a misalignment in your finances can easily impact your procurement plans and disrupt your access to the supply chain. and how you can do it. Avoid Common Problems.

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Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know

ivalua

Ivalua Spend Management Insights [ivory-search] Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know June 12, 2023 | | Sustainability by Vishal Patel In an effort to drive sustainability and combat climate change, the European Union has introduced the Corporate Sustainability Reporting Directive (CSRD).

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Supply Chain Matters News Capsule Follow-Up

Supply Chain Matters

The move will reportedly increase existing hourly wage rates 25 percent by 2028. Communication among supply chain procurement, planning and logistics teams is thus essential in ensuring that material and customer fulfillment times can be consistently maintained. production worker hourly wages starting in January 2024.

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FedEx’s Ongoing Business Restructuring Becoming Clearer as to Implications

Supply Chain Matters

At stake is renewal of a five-year contract that will extend to 2028 and reportedly, a key focus for upcoming talks are a two-tiered wage system involving part-time and weekend workers. This effort is characterized as the largest collective bargaining agreement in the U.S. involving upwards of 330,000 unionized employees.

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U.S. Announces TSMC Incentives for U.S. Based Semiconductor Production

Supply Chain Matters

The second, which reportedly will include 2-nanometer process technology is currently targeted for 2028. This facility is reportedly being planned to begin production in the second half of 2028. The third, according to reports, is to be slated for the end of the decade.