The Final Wrap-up of 2020 for the ATSC Blog – It’s award time!
All Things Supply Chain
DECEMBER 21, 2020
I know this has been said and written before, but 2020 surely was a very crazy year with a lot of downs and a few ups. It is safe to…
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Amazing Supply Chain of Coca-Cola
All Things Supply Chain
MARCH 23, 2020
To start off with this is not a commercial blog article. Cola is one of the most popular drinks in the world anyway and Coca-Cola one of the most famous…
Supply chain 
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The Amazing Supply Chain of McDonalds
All Things Supply Chain
APRIL 11, 2022
*Disclaimer – This isn’t a commercial blog post.* Back in 1940, brothers Richard and Maurice McDonald, founded McDonalds in San Bernardino, California, USA. Flash forward to 2022 and the fast-food…
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The Final Wrap-up of this year – the ATSC Awards 2023
All Things Supply Chain
DECEMBER 20, 2023
It’s that time of year again for recaps, and the All Things Supply Chain blog has traditionally joined in this positive habit. Perhaps it will come as no surprise to…
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Hidden Benefits in the Source to Pay Process
ProcurePort
NOVEMBER 19, 2020
The post Hidden Benefits in the Source to Pay Process appeared first on ProcurePort Blog. However, taking this sentiment one step further, strategic businesspeople conduct continuous internal evaluations on their […].
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Category Management Tactics and Execution
ProcurePort
DECEMBER 10, 2020
The post Category Management Tactics and Execution appeared first on ProcurePort Blog. See, in the mental landscape of a chess grandmaster, they are likely playing the game 10 or 15, or even 20 moves […].
Your 5-Step Procurement Spend Analysis Template
ProcurePort
MAY 27, 2020
The post Your 5-Step Procurement Spend Analysis Template appeared first on ProcurePort Blog. Determining how much total money spent in the last year, identifying vendors and managing their relationships, and listing out the various categories of products and services purchased are daunting tasks to any procurement team.
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The final Wrap-up of this year – the ATSC Awards 2021
All Things Supply Chain
DECEMBER 20, 2021
Avid readers of our blog know what is happening here when the holidays are fast approaching and Santa is waiting for biggest supply chain gig of the year: Time for…
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8 Vendor Management Best Practices
ProcurePort
DECEMBER 16, 2020
The post 8 Vendor Management Best Practices appeared first on ProcurePort Blog. We have scoured high and low searching for vendor management practices that will put you miles ahead of your competitors. Here are our top eight recommended vendor […].
How the P2P Cycle Impacts Business
ProcurePort
NOVEMBER 18, 2020
The post How the P2P Cycle Impacts Business appeared first on ProcurePort Blog. In nature, these various communities that interact and function separately, but cohesively are called ecosystems. Ecosystems, by definition, are self-contained. […].
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7 Purchasing Negotiation Strategies Every Buyer Should Use
ProcurePort
SEPTEMBER 20, 2022
The post 7 Purchasing Negotiation Strategies Every Buyer Should Use appeared first on ProcurePort Blog. . • In other cases, demand far outweighs supply, making it hard for buyers to negotiate. Such circumstances make it important for procurement teams […].
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Procurement Category Management for Business
ProcurePort
MARCH 15, 2022
The post Procurement Category Management for Business appeared first on ProcurePort Blog. When successfully implemented, the company can gain through lower purchase prices, better relationships with suppliers, agility in logistics, […].
When is Direct Procurement Used?
ProcurePort
JANUARY 19, 2022
appeared first on ProcurePort Blog. However, there are situations where the direct procurement method is deemed fit. The first scenario would be […]. The post When is Direct Procurement Used?
5 Reasons to Automate Invoice Processing
ProcurePort
AUGUST 31, 2021
The post 5 Reasons to Automate Invoice Processing appeared first on ProcurePort Blog. With the increasing adoption of technology in procurement, many Chief Procurement Officers (CPOs), accounts payable teams, and suppliers are turning to electronic invoicing as a viable solution to the issue of invoicing in a digital era.
Unleash The Power of the Business Spend Management (BSM)
ProcurePort
DECEMBER 14, 2021
The post Unleash The Power of the Business Spend Management (BSM) appeared first on ProcurePort Blog. Spend management also captures related processes such as product lifecycle management, inventory management, supplier information management, budgeting, analytics, […].
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What is Sourcing Process in Procurement – A Complete Guide to Sourcing Processes [2022]
ProcurePort
MAY 18, 2022
The post What is Sourcing Process in Procurement – A Complete Guide to Sourcing Processes [2022] appeared first on ProcurePort Blog. . • The right supplier must offer a good enough price so that the acquiring business can make a profit margin by trading […].
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Purchase Requisition vs Purchase Order: What’s the Difference?
ProcurePort
JANUARY 11, 2022
appeared first on ProcurePort Blog. How do their roles differ in a procurement life cycle? Keep reading. […]. The post Purchase Requisition vs Purchase Order: What’s the Difference?
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The top 23 procurement technology tools for 2023
RPF360
DECEMBER 29, 2022
Explore our favorite procurement technology solutions in this blog. Procurement technology includes a range of interesting solutions including contract management, data sources, RFP management systems, spend analytics and more. The post The top 23 procurement technology tools for 2023 appeared first on RFP360.
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Importance of Strategic Sourcing Skills
ProcurePort
JULY 20, 2022
The post Importance of Strategic Sourcing Skills appeared first on ProcurePort Blog. . • What this means is that strategic sourcing needs to be well thought out. It needs to be in sync with […].
Risk Management in the Procurement of Innovation
ProcurePort
DECEMBER 29, 2021
The post Risk Management in the Procurement of Innovation appeared first on ProcurePort Blog. The challenge for managers is to identify the risk for all parties involved and quantify it. They must then move on and assess the necessary mitigating actions to be […].
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2022: The Year to Build Supply Chain Resiliency
ProcurePort
DECEMBER 28, 2021
The post 2022: The Year to Build Supply Chain Resiliency appeared first on ProcurePort Blog. This has in turn affected global commodity prices leading to a discussion about […].
Finding a Procurement Service that Fits Your Business
ProcurePort
DECEMBER 16, 2020
The post Finding a Procurement Service that Fits Your Business appeared first on ProcurePort Blog. Well, business professionals often feel like they’re Goldilocks, looking for the perfect solution that’s catered just to their specific needs. Mixing metaphors a bit, it’s quite like looking for the foot […].
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The Benefits of Using Purchase Order Software
ProcurePort
SEPTEMBER 16, 2021
The post The Benefits of Using Purchase Order Software appeared first on ProcurePort Blog. The purchase order is used to control spend, and provide an overview of all the requested supplies and their product details. The Boston Consulting Group estimates that businesses gain a […].
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What is Contract Management? Your Procurement Guide
ProcurePort
DECEMBER 3, 2020
Your Procurement Guide appeared first on ProcurePort Blog. To get the best value from each supplier contract, it is imperative to know and understand exactly what is contract management. Contract Management Defined What is contract management anyway? […]. The post What is Contract Management?
Exploring lean procurement: Meaning, process and example
RPF360
JULY 28, 2022
Explore how to get started in this blog that includes key definitions, background and an example of how to put lean procurement into action with RFP automation. Lean procurement means exploring processes to eliminate waste, improve efficiency and accelerate results.
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Measuring the Right Supplier Performance Metrics
ProcurePort
OCTOBER 5, 2022
The post Measuring the Right Supplier Performance Metrics appeared first on ProcurePort Blog. . • Selecting the best suppliers is the first step to getting quality, affordable, and timely deliveries. Business organizations must […].
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6 Ways to Improve Procurement Performance
ProcurePort
MARCH 6, 2023
In this blog post, we’ll discuss […] The post 6 Ways to Improve Procurement Performance appeared first on ProcurePort Blog. As a procurement professional, you are responsible for ensuring that your organization obtains the goods and services it needs at the right quality, quantity, and price.
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6 Ways to Simplify & Streamline Your Procurement Process
ProcurePort
MARCH 6, 2023
In this blog post, we’ll discuss six ways to simplify […] The post 6 Ways to Simplify & Streamline Your Procurement Process appeared first on ProcurePort Blog. A smooth procurement process can help your organization save money, reduce risk, and enhance collaboration with suppliers.
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Understanding The Purchasing Procurement Process
ProcurePort
OCTOBER 11, 2022
The post Understanding The Purchasing Procurement Process appeared first on ProcurePort Blog. Though not set in stone, the procurement process can be understood through five phases. Needs Recognition– Needs are recognized at the department level […].
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12 Popular Procurement Trends in 2022 & How To Leverage Them
ProcurePort
NOVEMBER 13, 2022
The post 12 Popular Procurement Trends in 2022 & How To Leverage Them appeared first on ProcurePort Blog. There are important lessons to be learnt on resilience that will shape procurement trends in the immediate future. Most surveys of procurement […].
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Overcoming the Challenges of Implementing Procurement Software
ProcurePort
JUNE 7, 2023
This blog will provide a deep dive into these challenges […] The post Overcoming the Challenges of Implementing Procurement Software appeared first on ProcurePort Blog. The need for streamlined operations and enhanced efficiency has made procurement software a valuable asset for organizations of all sizes.
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What are the Pillars of Sustainable Procurement?
ProcurePort
NOVEMBER 17, 2023
This blog post will discuss the important aspects of sustainable […] The post What are the Pillars of Sustainable Procurement? appeared first on ProcurePort Blog. Companies are recognizing the significance of using procurement practices that align with present business requirements.
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Intelligent IBP – The Rise of Autonomous
Supply Chain Trend
MARCH 6, 2022
In a series of short blogs, I will discuss the transition of traditional IBP towards a more intelligent IBP. In this blog: The Rise of Autonomous. More about that, in the next blog. This traditional IBP is not set up for a fast-changing world, where speed of decision making confers a competitive advantage.
Unlocking Efficiency and Savings: The Benefits of E-Sourcing Tools in Procurement
ProcurePort
SEPTEMBER 27, 2023
This blog post will explain the benefits of […] The post Unlocking Efficiency and Savings: The Benefits of E-Sourcing Tools in Procurement appeared first on ProcurePort Blog. To achieve these objectives, many businesses are turning to e-sourcing tools, revolutionizing the traditional procurement landscape.
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Supply Chain Sourcing and Buying 101
ProcurePort
OCTOBER 4, 2022
The post Supply Chain Sourcing and Buying 101 appeared first on ProcurePort Blog. . • The fact that information is available and firms can source globally also complicates the sourcing […].
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How to Implement Vendor Management Software Successfully
ProcurePort
JANUARY 9, 2024
Vendor Management Software (VMS) is […] The post How to Implement Vendor Management Software Successfully appeared first on ProcurePort Blog. As businesses expand their network of suppliers, service providers, and collaborators, the complexity of vendor management grows exponentially.
The Vital Role of Integration in Spend Management Solutions
ProcurePort
MAY 6, 2024
The Role of Integration in Spend Management In today’s dynamic business landscape, organizations face increasing pressure to optimize […] The post The Vital Role of Integration in Spend Management Solutions appeared first on ProcurePort Blog.
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Why should I opt for E-procurement?
ProcurePort
APRIL 4, 2024
appeared first on ProcurePort Blog. E-procurement uses digital tech to streamline the procurement process, from finding suppliers to buying and managing contracts. […] The post Why should I opt for E-procurement?
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Essential Negotiation Skills for Procurement Professionals
ProcurePort
MARCH 28, 2024
It’s also about creating lasting relationships, reducing risks, and creating value […] The post Essential Negotiation Skills for Procurement Professionals appeared first on ProcurePort Blog.
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A Guide to Procure-to-Pay (P2P) Process
ProcurePort
DECEMBER 26, 2023
P2P encapsulates a series of meticulously orchestrated steps that begin with the identification of a need for goods or services and culminate in the completion […] The post A Guide to Procure-to-Pay (P2P) Process appeared first on ProcurePort Blog.
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Why We Shouldn’t Resist P2P Process Automation
ProcurePort
FEBRUARY 1, 2024
It is a solution that transforms how […] The post Why We Shouldn’t Resist P2P Process Automation appeared first on ProcurePort Blog. Innovation and evolution create Procure-to-Pay process automation.
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How to Choose the Best Suppliers with E-Sourcing Software
ProcurePort
APRIL 1, 2024
Streamlining Supplier Management Traditionally, supplier management involved laborious tasks like […] The post How to Choose the Best Suppliers with E-Sourcing Software appeared first on ProcurePort Blog.
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Why using a procurement recruitment agency can help with a company’s hiring plans
Procurement Heads
JANUARY 31, 2023
In this blog, we’ll explore why using a procurement recruitment agency like Procurement Heads can prove hugely beneficial to a company’s hiring process.
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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience
ivalua
FEBRUARY 8, 2023
Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity.
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