Procurement Templates

AUGUST 28, 2024

17 Preliminary market engagement notices (1) If a contracting authority carries out preliminary market engagement, the authority must— (a) publish a preliminary market engagement notice before publishing a tender notice, or (b) provide reasons for not doing so in the tender notice. (2) A “preliminary market engagement notice” means a notice setting out— (a) that the contracting authority intends to conduct, or has conducted, preliminary market engagement, and (b) any other information specified

Competitive analysis 130

Competitive analysis Contract Sourcing Suppliers 130

Procurement Leaders

AUGUST 28, 2024

Many of us take access to fresh water for granted. It’s on tap. It’s recyclable. Readily available supplies mean it’s not something we have to worry about. Yet, as CDP’s Miriam Denis Le Seve and Sonya Bhonsle told Procurement Leaders members during a recent Risk and Sustainability Cohort Call, four billion people experience severe water scarcity for at least one month each year.

Export 130

Export Risk Supply chain Suppliers 130

Procurement Templates

AUGUST 28, 2024

The global supply chain in 2024 faces a myriad of challenges that continue to disrupt procurement processes across industries. The interplay of economic, geopolitical, environmental, and technological factors has created a volatile environment, compelling organizations to rethink their procurement strategies. In this post, we will explore the major procurement supply chain shocks in 2024, their causes, and the potential responses organizations are adopting to mitigate their impact.

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain Supply Chain Optimization 130

Supply Chain Dive

AUGUST 28, 2024

The Multichannel Solutions program deepens the retailer’s competition with Amazon, but there are some limitations to the service as it prepares to launch.

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Supply Chain Optimization

SCMDOJO

AUGUST 28, 2024

The evolution of warehousing has been a fascinating journey, mirroring the broader transformation of supply chains. Warehousing has undergone a dramatic transformation, evolving from a simple storage function to a critical strategic asset within the modern supply chain. From simple storage facilities to strategic hubs of efficiency and innovation, warehouses have played a pivotal role in shaping the modern business landscape.

Real-time Visibility 98

Real-time Visibility Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 98

Supply Chain Brain

AUGUST 28, 2024

As manufacturers strive to maintain high standards of quality and service, the intricacies of handling repairs can become a bottleneck, leading to delays, increased costs and customer dissatisfaction.

Innovation 106

Innovation Supply chain Quality Supply 106

Supply Chain Brain

AUGUST 28, 2024

The move means Walmart could redefine the e-commerce logistics landscape, offering an alternative to Amazon's Fulfillment by Amazon service.

Logistics 96

Logistics 96

Supply Chain Dive

AUGUST 28, 2024

Embargoes put in place prior to the disruption have created freight backlog for Canadian National and CPKC.

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Supply Chain Brain

AUGUST 28, 2024

NOAA predicts that by the end of November, this year's hurricane season "could rank among the busiest on record.

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The Good Spending

AUGUST 28, 2024

Job offer quiz on LinkedIn I came across this question on LinkedIn. " You have 2 job offers on the table: A) £50k per year with a £12k bonus, work from home, but you live in Hull where the cost of living is low. You get a 10% employer pension contribution. B) In London, a dream job of £95k a year with only a 5% pension contribution. The cost of living is high, and you need to spend four days a week in the office.

Negotiation 59

Negotiation Sourcing Contract Procurement 59

Advertiser: GEP

As early as next year, procurement and supply chain operations will begin to adopt AI agents, often called “agentic AI,” to work alongside employees to make and execute decisions with precision across procurement and even the most complex global supply chains. Unlike LLM-based generative AI tools such as ChatGPT, these AI agents do not require prompts from humans.

Supply chain

Supply Chain Brain

AUGUST 28, 2024

The union representing 20,000 workers at India's 12 major shipping hubs had initially planned to go on strike indefinitely on August 28.

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90

NLPA (Next Level Purchasing Association)

AUGUST 28, 2024

Supplier onboarding is a critical process in procurement and supply chain management, directly influencing efficiency and performance. A well-structured system ensures compliance, reduces risk, and fosters strong supplier relationships, ultimately enhancing departmental operations. This guide explores key steps, challenges, and best practices to optimize onboarding within procurement and purchasing contexts.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Supply chain Suppliers 52

Supply Chain Brain

AUGUST 28, 2024

The 900-foot Sounion was hauling 150,000 tons of dense Iraqi crude oil when it was disabled by Houthi militants.

Risk 90

Risk 90

Finale Inventory

AUGUST 28, 2024

In ecommerce, effective inventory management is key to the success of your business. It ensures that you have the right products available at the right time, in the right quantities, and at the right cost. By efficiently managing your inventory, you can improve your cash flow, enhance customer satisfaction, and optimize your supply chain. Understanding Inventory Management Inventory management refers to the process of overseeing and controlling the flow of goods from production to sale.

Inventory 52

Inventory Import Management Supply Chain Efficiency 52

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

Bidding

Procurement Insights

AUGUST 28, 2024

I was recently reminded of a great post by Jason Busch, who wrote, “Ariba doesn’t have customers; they have prisoners.” I think it took Jason great courage and frustration to write that post. More recently, I interviewed a notable analyst from one of the Big Five accounting firms. They gave an incredible and refreshingly frank take on the state of the digital signature market.

Procurement 52

Procurement Influencing supply chain software solutions Supply chain 52

Finale Inventory

AUGUST 28, 2024

Running a small business comes with its fair share of challenges, and 2024 has been no exception. This year, supply chain disruptions have posed significant obstacles for small business owners. From global events to the ongoing impacts of the pandemic, these challenges have forced businesses to adapt and find new strategies to navigate through uncertain times.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Supply chain 52

CPO Rising

AUGUST 28, 2024

Welcome to Procurement News, part of our ongoing aggregate news series covering recent supply management headlines and trends pertinent to Chief Procurement Officers and other procurement leaders! Contact us with… The post Procurement News — August 28, 2024 appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

Chief Procurement Officer 52

Chief Procurement Officer Procurement Supply management Management 52

Finale Inventory

AUGUST 28, 2024

Efficient inventory management is key to the success of any ecommerce business. Proper management helps minimize costs, maximize profits, and ensure customer satisfaction. This article discusses the importance of efficient inventory management, its role in ecommerce, and the main challenges that come with it. We also introduce Finale Inventory, a powerful tool designed to streamline your inventory management in 2024 and beyond.

Inventory 52

Inventory Management Real-time Visibility Order Fulfillment 52

Speaker: Shalini Dinesh

Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.

Supply Chain Optimization

Supply Chain Dive

AUGUST 28, 2024

The food maker is shipping more products from the new network while reducing its average length of haul.

Networking 86

Networking 86

Finale Inventory

AUGUST 28, 2024

Effective inventory control is key for the success of any ecommerce business. Ensuring that you have the right products available at the right time can help improve customer satisfaction, increase sales, and reduce costs. This article discusses various strategies to help you manage your inventory effectively and maximize your ecommerce business’s profitability.

Inventory control 52

Inventory control Inventory Strategy Real-time Visibility 52

Supply Chain Brain

AUGUST 28, 2024

Aircraft engines spew a host of gases that warp the climate at high altitudes, including nitrogen oxides, sulphur dioxide and water vapour.

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Finale Inventory

AUGUST 28, 2024

In the fast-paced realm of ecommerce, effective inventory management can be the key to achieving success. Managing and tracking inventory efficiently is vital for businesses of all sizes. Inventory management software, like Finale Inventory, can streamline your operations, improve accuracy, and transform your business. Understanding the Role of Inventory Management in Ecommerce Inventory management is fundamental to the success of any ecommerce operation.

Inventory 52

Inventory supply chain software solutions Real-time Visibility Order Fulfillment 52

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Supply Chain Optimization

Finale Inventory

AUGUST 28, 2024

Managing inventory is a vital part of running an efficient construction company. In the current digital landscape, where ecommerce is expanding, integrating inventory management with online operations is more important than ever. Understanding Inventory Management in Construction Before we discuss the benefits, let’s clarify what inventory management means in the construction industry.

Inventory 52

Inventory Management Real-time Visibility Negotiation 52

Finale Inventory

AUGUST 28, 2024

As the food and beverage industry expands, businesses encounter unique challenges in managing their inventory efficiently. In such a fast-paced environment, it’s important to have a dependable system that can optimize stock levels, streamline order fulfillment , and reduce overhead costs. That’s where Finale Inventory’s Inventory Management System steps in.

Inventory 40

Inventory Real-time Visibility Management Order Fulfillment 40