Sun.Sep 17, 2023

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Navigating the World of Procurement: Tips for New Agents

Procurement Freelancers

A procurement agent is the linchpin of an entire supply chain. They make sure that… The post Navigating the World of Procurement: Tips for New Agents first appeared on Procurement Blog | Procurement & Supply Chain News.

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How Off-the-Shelf Technology Can Be Profitable for Small Manufacturers

Procurement Bulletin

Amazon Launches Supply Chain Solution In its continued race to dominate e-commerce, Amazon announced a new automated supply chain service for sellers aptly named, Supply Chain by Amazon. The solution offers an end-to-end automated solution to help sellers bring product from manufacturing directly to their customers. (Is it me or did this sound like an ad for Amazon’s Supply Chain service?

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Contracting 101: Read The Fine Print!

Procurement Insights

According to a Deloitte Survey , 91% of people don’t read the fine print in contracts. Does this surprise you? For people 18 to 34, 97% don’t read the terms and fine print in a contract.

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Watch: A New and Innovative Methodology for Packing a Container

Supply Chain Brain

Wojciech Matusik, MIT professor and co-founder of Inkbit, describes a new computational method of packing a container in the most efficient way possible.

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How a Global CPG Leader Optimized $500M of Direct Materials Spend and Exceeded Savings Goal

A Fortune 500 CPG company partnered with GEP to improve end-to-end category management, optimize direct spend categories, and increase strategic focus on tail spend. GEP’s sourcing expertise and market intelligence enabled the company to centralize sourcing and order management processes, strengthen key supplier relationships, and enhance supply chain resilience and agility.

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What Is Contract Lifecycle Management?

Barkers Procurement

Contract lifecycle management, often abbreviated to ‘CLM’ in procurement, is the management of contracts from the initiation right through to the termination or renewal of the contract. Whereas standard contract management can be a more manual process that entails the use of spreadsheets, emails and a file storage system to manage the contracts, contract lifecycle management is more comprehensive.

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Uncertainty is the New Normal

Supply Chain Brain

It’s time for the convergence of supply chain and manufacturing.

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Codelco Planning to End Some Copper Deals with Chinese Clients in 2025

Supply Chain Brain

Sources said Codelco is hoping to replace exclusively copper concentrate deals with other agreements that include concentrate and value-added intermediate products.

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Why the Medical-Device Industry Is Embracing Contract Manufacturing

Supply Chain Brain

In the manufacturing of medical devices, there’s no margin of error. Does it make sense, then, to outsource production of those vital yet sensitive instruments?

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G-7 Plans to Ban Imports of Russian Diamonds, Belgium Says

Supply Chain Brain

The mechanism will consist of a direct ban on purchases, which would take effect on January 1, as well as an indirect ban, which would kick in more gradually.

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