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Here’s a comprehensive list of the top 100 skills that a Procurement Manager should master

Procurement Templates

Stay Updated on Regulations: Regularly review trade agreements, import/export rules, and labor laws. Consult Legal Teams: Collaborate with in-house legal experts to draft and review procurement contracts. Collaborate with Suppliers: Encourage suppliers to adopt sustainable practices through joint initiatives. Coursera, Udemy).

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Tariffs and Procurement (Part 2): Tariff management and building an action plan

Spend Matters

Tariffs essentially taxes imposed on imports and exports directly impact product cost structures. Tariff management is a strategic subset of direct materials management and sourcing that involves navigating and optimizing the complex costs and regulatory implications of importing materials and goods across borders.

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What does the German Supply Chain Act Mean for Procurement?

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Export and import of certain hazardous wastes. Compliance with the German Supply Chain Act is enforced by the Federal Office for Economic Affairs and Export Control (BAFA). . Production and use of chemicals under the Persistent Organic Pollutants Convention (POP or Stockholm-Convention) . Fines of up to €8 million .

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Collaboration in a shelf-connected supply network

The Network Effect

Today I want to discuss what collaboration looks like in a shelf-connected environment. While these advancements around forecasting and replenishment are truly game changing, we must be quick to point out that similar gains are being made around retail-based collaboration and planning as well.

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Getting to grips with tariffs, trade and compliance with Thomson Reuters

Spend Matters

While the imposition of import/export tariffs on goods is nothing new, the recent spate of quid pro quo mandates is increasing complexity and uncertainty for organizations trying to navigate their impact on supply chains. Its far more complicated from an application perspective.

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JAGGAER Advances Procurement’s Biggest Priorities and Business Impact with More AI-Driven Features and Hyper-Automation

Jaggaer

enables procurement, finance and supply chain to collectively boost cost savings, make better decisions, and accelerate digital innovation RESEARCH TRIANGLE, NC – JAGGAER , a global leader in enterprise procurement and supplier collaboration, today announces the 24.3 JAGGAER One 24.3 version of its JAGGAER One platform.

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UK v US Procurement

Procurement Templates

This can lead to increased export opportunities for American goods and services. industries by reducing costs associated with exporting and importing goods. Job Creation: As exports increase due to improved market access, there is potential for job creation in industries that experience growth.