All Things Supply Chain

MAY 5, 2023

Apple sales fall but iPhone demand persists Apple sales have continued to fall, as the economy slows and buyers, squeezed by rising prices, put off purchases of computers and iPads.…

Supply chain 246

Supply chain Buyers Price Purchasing 246

Procurement Tactics

JUNE 22, 2023

A sales order is a confirmation document a supplier/seller issued to the buyer. It is a document that confirms the buyer’s request, including the agreed-upon terms and details such as the prices, quantities, payment method, delivery terms, and any other relevant information.

Purchase orders 200

Purchase orders Purchasing supply chain software solutions Buyers 200

ProcurePort

SEPTEMBER 16, 2021

A purchase order is an initial offer by a buyer to the seller, indicating the quantities, types, quality, and agreed prices for products or services. The purchase order is used to control spend, and provide an overview of all the requested supplies and their product details.

Purchase orders 240

Purchase orders Purchasing Quantity Buyers 240

Procurement Heads

JULY 14, 2022

Kaleida, which was founded by Jason Roberts in 2019, connects buyers to diverse suppliers and helps procurement functions achieve their Environmental, Social and Governance (ESG) goals while alerting supplier companies to new revenue opportunities. “So, To read Procurement Heads’ Big Interview with Jason, click here: [link].

Procurement 246

Procurement Leadership Buyers Suppliers 246

Supply Chain Brain

DECEMBER 6, 2023

The company laid off 150 employees (75% of its U.S. staff) on December 4, bringing TuSimple’s total global workforce to just 700 full-time employees.

Buyers 98

Buyers 98

Procurement Tactics

JANUARY 5, 2023

A PunchOut catalog is an integrated e-procurement system that allows suppliers to promote goods and services to buyers through the supplier’s own procurement application or hosted e-procurement system. . Modern procurement systems enable buyers to import supplier catalogs directly into the buyer’s own e-procurement system or application.

Buyers 179

Buyers Purchasing Suppliers Price 179

Procurement Tactics

JUNE 22, 2023

A purchase order is simply a document that a buyer sends to a supplier to request goods or services, which outlines the order’s details, including the quantity, price, delivery, and payment terms. First, it ensures clear communication between the buyer and the supplier, eliminating potential misunderstandings or disputes.

Purchase orders 191

Purchase orders Purchasing Quantity Buyers 191

Procurement Tactics

DECEMBER 7, 2022

Financial supply chain or supply chain finance describes a set of technology-based solutions that helps lower financing costs and enhance the business experience for sellers and buyers connected in sales transactions. . While suppliers can gain quick access to money the buyer owes them, the latter can get more time to pay their balances.

Supply Chain Efficiency 181

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Supply chain 181

ivalua

SEPTEMBER 28, 2020

It breaks the bond between Buyer and Supplier, resulting in fragile supply chains and lots of mistrust. No PO, no Pay was born to force suppliers to add PO’s to Invoices by forcing Buyers to create PO’s. So the network providers just haven’t delivered, and only further fractured the link between buyer and supplier. .

supply chain budgeting 237

supply chain budgeting Purchase orders Networking Buyers 237

The Thomas Blog

AUGUST 2, 2022

In a recent Industrial Buyer's Search Habits Survey , one purchasing supervisor that "having more online information like specifications, pricing, lead time, and stock levels online are important when I'm vetting new suppliers and will make my job easier.". Make Buyers Contact You. appropriate certification.

Buyers 144

Buyers Quality Ethics Export 144

The Thomas Blog

AUGUST 15, 2022

Data shows that industrial buyers are typically 70% of the way through their purchase decision process before reaching out to a supplier. That's because today's B2B buyers are mostly millennials who are digital natives and do all their online research anonymously online first. What Are Industrial Marketing Ideas To Grow Your Business?

Buyers 143

Buyers Real-time Visibility Purchasing Strategy 143

ivalua

SEPTEMBER 15, 2020

John Cockerill was looking for a unified end-to-end spend management platform to be deployed across 4 business units in 22 countries, helping to reduce administrative tasks for the buyers, improve the fluidity of the procurement process and optimize collaboration between internal stakeholder and suppliers in a highly secure environment.

Spend management 223

Spend management Supply Chain Optimization Management Procurement 223

ivalua

JULY 13, 2022

Buyers are expected to scrutinize every aspect of the purchasing process to identify ways to reduce their carbon footprint, source sustainable materials, and promote diversity. As the sourcing function evolves, digital procurement technologies have become crucial tools for buyers to capture and report their sustainability achievements.

Sustainability 130

Sustainability Buyers Suppliers Procurement 130

Supply Chain Brain

DECEMBER 25, 2024

Artificial intelligence continues to revolutionize buyer-supplier collaboration and information management, offering transformative opportunities to optimize supply chains.

Collaboration 115

Collaboration Suppliers Supply Chain Optimization Management 115

Art of Procurement

APRIL 4, 2024

China’s role in the global supply chain is changing right before our eyes, leaving foreign buyers to feel the discomfort. The post Even with +1, China is still #1 appeared first on Art of Procurement.

Buyers 133

Buyers Supply chain Procurement Supply 133

Procurement Heads

NOVEMBER 15, 2022

I really enjoyed it there and stayed for around four or five years and then decided to make a change and went to probably the smallest organisation I have worked for, a company called Eat, they are a food shop, as one of their two Buyers working for the Procurement Director. The key was to show them their worth straight away.

Raw materials 246

Raw materials Buyers Price Procurement 246

The Thomas Blog

JULY 26, 2022

industrial sector, and clearly vital to its growth, and s teel continues to be a top product sourced by buyers. That's because today’s new age of B2B buyers are tech-savvy millennials and they’re researching your services online before contacting you. Deliver The Online Content Buyers Need.

Strategy 128

Strategy Buyers Raw materials Import 128

Procurement Tactics

OCTOBER 6, 2022

Collect and submit follow-up questions for the buyer. You may ask yourself, Do I have the performance data and customer references that the buyer asked for? An RFP is just a proposal to be sent to a buyer. Once the buyer agrees, then that RFP can become the foundation of the contract through the negotiation of the parties.

Project management 180

Project management Management Bidding Buyers 180

Spend Matters

OCTOBER 31, 2024

The combination of the above, together with strong experience in the field, means that the solution can be used on the buyer’s side to influence design decisions and on the supplier’s side to attract and develop business. to provide deep and accurate insights and auto-costing. As mentioned above, it has distinct capabilities (e.g.,

Buyers 99

Buyers Raw materials Networking Suppliers 99

Procurement Tactics

JUNE 8, 2023

A purchase order clearly specifies the details of the purchase, such as the quantity, description, and price, ensuring there are no misunderstandings between the buyer and the seller. To simplify, an invoice is like a bill that tells the buyer how much they owe to the seller. Also, purchase orders play a crucial role in budget control.

Purchase orders 130

Purchase orders Purchasing Buyers Quantity 130

Procurement Leaders

JUNE 20, 2023

The maturity of individual categories can also be a function of buyer capabilities and stakeholders’ appreciation of procurement’s value. Even if a category is gifted by the most forward-thinking buyer at the tiller, if the business ignores their skill and avoids the process, then progress is unlikely to be made.

Procurement team 147

Procurement team Procurement Influencing Buyers 147

Supply Chain Dive

OCTOBER 21, 2024

The fast food giant, which is the world's largest buyer of beef, alleges major meat companies conducted illegal acts to drive down supplies.

Price 117

Price Buyers Supply 117

ivalua

JUNE 27, 2022

Ivalua’s global reach of buyers and their suppliers helps us deliver on our mission-providing access to working capital to businesses so they can grow and thrive. C2FO: Buyers on the Ivalua platform can pay their suppliers early and proactively set goals for return on their cash. How will the C2FO partnership benefit businesses?

e2e 130

e2e Buyers Suppliers Supply chain 130

Procurement Heads

MARCH 27, 2023

“For a while, we have been thinking of ways to recognise the achievements of corporate buyer partners whose strategic social value programmes attain ‘Fully-inclusive Supplier Diversity’ status. Jason Roberts, CEO & Founder of Kaleida explains more. “We wanted a symbol to recognise this accomplishment.

Chief Procurement Officer 26

Chief Procurement Officer Procurement Buyers Suppliers 26

Supply Chain Dive

MARCH 19, 2024

The company is looking to find a buyer quickly, as its "assets are basically melting ice cubes — they are losing money," a lawyer said.

Buyers 115

Buyers 115

Procurement Leaders

MARCH 26, 2024

On the other hand, if the buyer would involve the supplier intensely, it would provide the functional specifications ( see Figure 2, above ), such as the expected weight of the new car, and request a new wheel design from its supplier.

Suppliers 130

Suppliers Product development Supply Chain Efficiency supply chain budgeting 130

ProcurePort

AUGUST 25, 2022

• In most industries, the power equilibrium has shifted from buyers to suppliers. A classic example is the railroad industry. In the 1900s, North America had 35 suppliers of cast railroads, and companies could choose among these. • A century later, no one has this essential comfort of suppliers because the number of suppliers has […].

Negotiation 130

Negotiation Procurement Buyers Suppliers 130

ProcurePort

JULY 28, 2022

Accounts payable AP refers to a company’s obligation to its suppliers – its formal documentation warranting payment from the buyer, mostly business in a contractual agreement with a supplier or vendor. […]. The post What is Accounts Payable? Definition, Process & Examples) appeared first on ProcurePort Blog.

Buyers 130

Buyers Suppliers Procurement 130

Supply Chain Dive

MARCH 4, 2024

Large buyers have been pressuring suppliers, dragging down smaller, private firms’ operational efficiency, according to RapidRatings analysis.

Suppliers 107

Suppliers Buyers 107

ProcurePort

OCTOBER 11, 2023

Reverse auctions are a procurement strategy that flips the traditional purchasing process on its head, allowing suppliers to compete for a buyer’s […] The post Reverse Auctions for Cost Savings in a Down Economy appeared first on ProcurePort Blog. One such method gaining popularity is the use of reverse auctions.

Procurement strategies 130

Procurement strategies Buyers Innovation Purchasing 130