Thu.Nov 21, 2024

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

Procurement Templates

Core Procurement Skil ls Strategic sourcing Supplier relationship management Contract negotiation Vendor evaluation and selection Cost analysis and reduction Procurement planning Inventory management Spend analysis Risk management in procurement Market research Financial Acumen Budget management Total cost of ownership analysis Financial forecasting Return on investment (ROI) analysis Payment terms optimization Financial risk assessment Cost-benefit analysis Lifecycle costing Procurement financi

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Liverwurst, Listeria, and Liability: Food Safety at Boar’s Head

Art of Procurement

In July of 2024, the USDA suspended production at a Boar’s Head meat processing plant in Jarratt, Virginia and the. The post Liverwurst, Listeria, and Liability: Food Safety at Boar’s Head appeared first on Art of Procurement.

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How Companies Can Get Better Prepared for Sustainability Regulations

Supply Chain Brain

With a barrage of sustainability laws and regulations across the globe, most companies are under-prepared to meet their obligations when it comes to reporting their emissions.

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The Procurement Professional in 2025: Emerging Trends to Watch

Procurement Freelancers

The world of procurement is evolving rapidly, and 2025 is set to bring significant shifts.… The post The Procurement Professional in 2025: Emerging Trends to Watch first appeared on Procurement Blog | Procurement & Supply Chain News.

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GEP Spend Category Outlook Report 2025

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

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U.S. Retailers Raise Alarm Over Ongoing Red Sea Crisis, Looming Port Strike

Supply Chain Brain

November 19 marked a year since Houthi rebels attacked the British-owned Galaxy Leader cargo ship as it moved through the Red Sea, taking its crew hostage.

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The dual case for reusable transport packaging in supply chains

Supply Chain Dive

Adopting reusables across the supply chain presents not just sustainability benefits, but also cost savings, according to speakers at Pack Expo International.

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3PLs ramp up leasing activity as outsourcing interest grows

Supply Chain Dive

Retailers want inventory flexibility in a time of uncertainty. Logistics providers are reaping the demand benefits.

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Podcast | From Resilience to Robustness: The Key to Supply Chain Success

Supply Chain Brain

Modern-day supply chains are obsessed with the goal of becoming resilient. But is that enough?

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Electrolux appoints chief procurement officer

Supply Chain Dive

Michelle Shi-Verdaasdonk will oversee the home appliance maker’s materials and product sourcing strategies.

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Cylindrical Sails Fitted to VLGC Should Cut Fuel, Emissions by 4%

Supply Chain Brain

The Norsepower Rotor Sails use a small amount of electricity to spin cylindrical sails to harness the Magnus effect, an aerodynamic principle that generates thrust from wind.

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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Ferrero invests in hazelnut sourcing as it grows US production

Supply Chain Dive

The company awarded a total of $340,000 to Oregon State University and Rutgers University to increase collaboration with local farmers, producers and distributors.

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Boeing CEO Calls on Employees to Take Ownership of Turnaround

Supply Chain Brain

Ortberg bluntly told employees during a companywide address on November 20 that they control the company’s destiny.

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With ProcureTech, It’s Back To The Past

Procurement Insights

I believe we have come a full circle after couple of decades of building use case based products to integrated products to finally wanting to use best of breeds in different areas and building some sort of integrations amongst those. While Unicode platforms are best way to move forward, not all users or organizations have appetite to take on all areas together.

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Unions Challenge Canada’s Back-to-Work Order

Supply Chain Brain

Canada’s Industrial Relations Board ordered a resumption of operations at all affected Canadian ports from the morning of November 16.

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GEP Outlook Report 2025

For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic

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#31 | Supplier Experience: The HEINEKEN Journey with Ruth Bromley (Heineken)

The Supplier Experience

When it comes to standardizing the suite of tools, Ruth explains the most important thing to get right for your people to use the product is to ensure its value for suppliers: “What’s critical in order for your internal team actually having the appetite to use the tools, is that those tools have to work for your suppliers in the market.” The Heineken session at Supplier Experience Live 23 covers: The digital transformation journey of Procurement at Heineken How to successfully digitize the procu

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US-only supply chains will emerge under Trump: PIIE economist

Supply Chain Dive

Companies looking to avoid tariffs on imports from China will likely shake up their sourcing, economist Mary Lovely said.

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Time for UK defence to fast-track securing small suppliers

Barkers Procurement

As Trump prepares to enter the White House and NATO reiterates its intention to spend more , what does this mean for aerospace and defence (A&D) Procurement in the UK? Despite uncertainty around how Trump plans to end the Ukraine war and the possibility that he could push Ukraine into a grim settlement, NATO is clear: it must spend more on defence.

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Tariff concerns loom over construction material pricing

Supply Chain Dive

Potential trade policy changes under the incoming Trump administration could raise costs for a wide range of materials, economists say.

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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

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Conscious Choices: Navigating Mental Health with Carl Ferrand – Episode 102

Procurement Talk with David Byrne

Listen on Apple Podcasts Listen on Spotify Watch on YouTube Summary In this episode, Martin Smith interviews Carl Ferrand, Head of Procurement at Specsavers. Carl shares his journey into procurement, emphasising the importance of people in leadership and the need to stand out when applying for positions. He discusses the evolution of procurement, … Continued The post Conscious Choices: Navigating Mental Health with Carl Ferrand – Episode 102 appeared first on Talent Drive.