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Within a growing number of companies, procurement is being asked to work with HR to assist in creating a long-term strategy for optimizing contingent workforce management. Like many areas of indirect spend that have been traditionally controlled exclusively by other departments - such as IT, travel and meetings, or energy procurement - contingent staffing is being reexamined by procurement at the behest of management eager to bring unnecessary costs and process components to heel.

However, as the category is based on the management of people, an added level of complexity is present in the contingent staffing category that demands special attention. Procurement will need to remove silos and facilitate strong communication with HR in order to successfully streamline the category. In some cases, the level of oversight the category demands is giving rise to distinct category manager roles that can apply their full attention to controlling supplier relations and serving a consultative role with HR.

As the contingent workforce grows, ProcureCon’s event portfolio has also grown on pace with changes in the field, following suit with the addition of a dedicated conference. The latest addition, running July 11-13 in Atlanta, is a new conference: Contingent Staffing 2016. While contingent workforce management has been explored in the agendas of other ProcureCon conferences, this will be the first time a full event has been dedicated to the specific nuances of the category.

WomenInSC41216The supply chain industry is always in flux, with many moving parts to keep track of – both literally and figuratively. Add regulations and compliance into the mix, and one of the biggest challenges is keeping your supply chain organized. Leadership strategies are vital to making sure that companies maintain compliance with existing regulations, as well as those that lie ahead, such as the Automated Commercial Environment (ACE). Read on for leadership tips and tricks in the face of preparing customers for ACE.

Inventory41316There are good reasons to carry more inventory than you need. You might want to stockpile parts or materials expected to get more expensive, or keep rare parts on hand to improve customer service. Generally speaking, however, inventory is a physical representation of the battle for your share in the value chain. The less you can carry, the better your own position.

eighteen wheeler 614201 640In an increasingly connected world, 3PLs are under significant pressure to respond to emerging trends. As their clients demand more real-time communication, greater visibility, and reduced costs, 3PLs have been driven to adopt various forms of technology to increase efficiency and maintain a competitive edge. Recent trends include IoT transportation ecosystems, LTL dimensioning pricing technology and the continued shift towards ecommerce. Let’s take a look at those three trends in more detail.

In 2016 the industry face off will continue between providing on-shelf product availability in the most economic and cost effective way while at the same time meeting the increasingly prominent corporate social responsibilities (CSR) of running a modern supply chain business sustainably. In addition, there is an ever-growing backdrop of regulatory demands around traceability and food safety, which cannot be ignored.

The truth is that forward thinking companies are realizing that an efficient, successful, cost effective business can be facilitated by implementing supply chain management processes that positively promote good practice in the environmentally sensitive areas. These include waste reduction, CO2 emissions, carbon footprint, packaging reduction, inventory reduction, transportation, etc.

2015 is in the rear view mirror and it’s time to look ahead. While you certainly want your supply chain planning to be as detailed as possible, it probably won’t contain everything and there will inevitably be some things you didn’t see coming. So it’s important to focus your efforts on the areas that are most likely to have a big impact on your business. Everybody’s talking about big data and sustainability, but what else should be on your 2016 supply chain plan?

Today’s supply chain executives aren’t simply being asked to do more with less; they’re expected to develop new approaches that get better results faster – while cutting cost and increasing profit. In an era of fast-moving upstarts and collaborative business models, supply chain is the nexus of a company’s transformation. With changes necessary across operational and technical siloes of old, more than 2,000 supply chain professionals descended on San Jose, California, in late January for Oracle’s Modern Supply Chain Experience (formerly Value Chain Summit) to explore new approaches and network with peers from around the world.

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