Procurement Templates

MARCH 3, 2024

I asked my assistant to help me mock up a strategic sourcing framework and she did a fairly good job but made a few mistakes. Can you spot the mistakes! She’s added in category analysis twice and then she added a RFQ before a PQQ which means the flow isn’t quite right. A RFQ is used for low cost purchases and a PQQ is typically used for higher cost tenders.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

Supply Chain Brain

MARCH 3, 2024

As businesses struggle to conform their supply chains to the ever-changing the needs of the market, they’re constantly reminded of one core truth: In the end, it’s all about the money.

Supply chain 116

Supply chain Risk Supply 116

Procurement Bulletin

MARCH 3, 2024

Food Logistics Tests Autonomous Trucking Autonomous trucking startup, Kodiak Robotics, are testing a new delivery route to deliver refrigerated freight with their autonomous trucks for logistics company Martin Bower. Martin Bower’s big clients include McDonald’s, Chick-fil-A, Ikea and Maersk. China’s BYD Could Disrupt the EV Market As the world builds up the demand for EV’s, China’s leading EV manufacturer, BYD is building capacity with factories coming to Brazil, T

Logistics 98

Logistics Export Demand 98

Supply Chain Brain

MARCH 3, 2024

Ten years after enactment by Congress, the Drug Supply Chain Security Act (DSCSA) serialization mandates finally took effect in November 2023. How ready are you?

Supply chain 111

Supply chain Supply 111

Advertiser: GEP

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.

Category management

The Good Spending

MARCH 3, 2024

It all started in the attempt to understand the theoretical concept of servitization , i.e., the transformational shift from a product-centric to a service-centric business model and logic that we observe extensively in the area of IT procurement, in particular. In our earlier posts , we analyzed the notion of XaaS (Anything-as-a-Service) in the context of outsourcing.

Procurement 59

Procurement Sourcing Category management Procurement strategies 59

Empowering CPO

MARCH 3, 2024

As the world steers through the complexities of industrial demands, caustic soda stands out as a critical chemical component, pivotal to processes spanning from manufacturing to purification. Yet, emerging analyses hint at a brewing storm: a potential mismatch between the global demand for caustic soda and its production capacity, anticipated to become pronounced in the latter part of this decade.

Influencing 52

Influencing Export Price Demand 52

Art of Procurement

MARCH 3, 2024

“There is always room for negotiation around IT spend. The worst they can do is say ‘no,’ but at least. The post Transparency is the Antidote for Rising IT Costs appeared first on Art of Procurement.

Negotiation 52

Negotiation Procurement Category management Contract 52

Supply Chain Brain

MARCH 3, 2024

U.S. Central Command said the attack had caused an 18-mile oil slick, warning that the spillage of the cargo into the sea would worsen the environmental impact.

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Procurement Insights

MARCH 3, 2024

With the approach of International Women’s Day, here are a few noteworthy statistics on the progress of 46.38% of the worldwide workforce 60% of women believe that the speed of women’s progress is either stagnant or moving slowly. ( Kotex – Feb. 2024) Half of the women polled indicated that the world is a more uncomfortable place for them than ever before. ( Kotex – Feb. 2024) Furthermore, the study showed that these sentiments are relatively stronger among the younger ge

Procurement 72

Procurement Innovation 72

Supply Chain Brain

MARCH 3, 2024

Former Boeing division Spirit AeroSystems Holdings Inc. is the supplier at the center of a spate of recent quality issues affecting the 737 Max airliner.

Quality 52

Quality Suppliers 52

Advertiser: ZoomInfo

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.

Data