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Procurement Trends and Priorities to Pursue in 2023

QAD

Earlier this year, QAD hosted a live webinar to explore and analyze the trends that are likely to dominate the procurement world over the coming months. It’s no secret that procurement teams have an amplified role within their businesses and that many are left with questions — our goal was to offer answers.

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Automating Procurement and Supplier Relations to Alleviate ESG Concerns

QAD

It is no secret that procurement executives are constantly seeking innovative ways to maximize efficiency and address unexpected supply disruptions. However, procurement is evolving into much more than the most cost effective option since the cheapest option often involves real world atrocities like child and forced labor.

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OECD Trims Economic Forecasts as a Result of Ukraine Conflict

Supply Chain Matters

In this Supply Chain Matters commentary, we highlight the latest OECD global economic forecast in the ongoing light of the Ukraine conflict and provide some additional industry supply chain implications. . In addition, supply chains around the world are dependent on exports of metals from Russia and Ukraine.

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5 Supply Chain Predictions for 2023

Logistics Viewpoints

In a soon-to-be-published survey conducted by Coupa Software, European supply chain leaders cited the ongoing geopolitical conflict in Ukraine as a major concern. The optimist in me likes to believe that the Russian aggression on Ukraine will not be prolonged, given the toll it is taking on the citizens of both the nations.

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Businesses Responding to High Inflation and Supply Chain Inventory Concerns

Supply Chain Matters

Reportedly, since Russia’ s invasion of Ukraine , global CEO s are confronting a world of extraordinary volatility and uncertainty, forcing many to reassess their growth assumptions and put strategic plans on hold. Inventory Management Assessment- Samsung Electronics. cyberattacks. Inflation are top of mind concerns.

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What Shippers and Retailers Need to Know for Peak Season Planning 2022

The Logistics of Logistics

In addition, retailers are struggling to move inventory initially ordered in the first quarter of 2022 to make way for back-to-school and holiday merchandise. Further, Ukraine supplies more than one-half of the world’s neon gas necessary for printing circuits on computer chips. Bottlenecks from future COVID-19 variants are possible.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

How the War in Ukraine is Impacting the Supply Chain and Raw Material Prices. Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Ukraine supplies approximately 50% of the world’s neon gas.