Remove e2e Remove Purchasing Remove Raw materials
article thumbnail

What does a 2015 article have to do with Hershey’s 2025 acquisition of LesserEvil for $750

Procurement Insights

Paul Nilsen, Purchasing Manager Willis North America (New York, NY) My Response In Part 4 of my Changing Face of Procurement Conference Series titled Winning Strategies for Vendor Engagement, I briefly discuss an M&A case reference involving organizations within the confection or candy industry.

article thumbnail

Expanding the influence and impact of Procurement

Spend Matters

In his assessment, Utz previously excelled in the operational aspects of procurement, such as transacting business, supporting manufacturing operations and maintaining raw material inventory the day-to-day firefighting of procurement. It has completely changed our end-to-end enterprise contracting process.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Generative AI RFP Process: A Test Case Study

Procurement Insights

AdaptOne could provide significant value to Byrne Dairy , a food and beverage company, by optimizing and digitizing its procurement operations particularly in supplier management , compliance tracking , and procurement workflow visibility. Here’s how: 1. We aim to improve supplier onboarding, ensure regulatory compliance (e.g.,

article thumbnail

The Power Of “What If” or “Mock” RFPs

Procurement Insights

ANSWER #1 AdaptOne could provide significant value to Byrne Dairy , a food and beverage company, by optimizing and digitizing its procurement operations particularly in supplier management , compliance tracking , and procurement workflow visibility. Here’s how: 1.

article thumbnail

Inventory Management — Everything You Should Know

Procurement Tactics

Inventory management refers to the process of handling a company’s inventory, which includes raw materials, parts, and finished products. It keeps track of inventory from the time it is purchased until it is sold to customers. So, without further ado, let us now start! What is Inventory Management?

Inventory 187
article thumbnail

The Natural Rubber Supply Chain! Will it Bounce Back?

Supply Chain Game Changer

Our recent purchase of a new vehicle made us aware not only of the computer chip shortages impacting the new automobile sales market, but also the rubber market shortages threatening similar disruptions. Subscribe to Supply Chain Game Changer. Is Just In Time Past Its Time? The Pandemic Bounce Effect on the Rubber Supply Chain.

article thumbnail

Key Trends and Themes for Supply Chain and Logistics in 2024

SCMDOJO

The amplified visibility lets companies verify the authenticity and provenance of products, reduces the risk of counterfeiting, and helps ensure regulatory compliance. For example, you can scan a QR code on a product and instantly access its entire journey from raw materials to the store shelf. billion by 2026.