December, 2022

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The top 23 procurement technology tools for 2023

RPF360

Procurement technology includes a range of interesting solutions including contract management, data sources, RFP management systems, spend analytics and more. Explore our favorite procurement technology solutions in this blog. The post The top 23 procurement technology tools for 2023 appeared first on RFP360.

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Procurement Strategy Case Studies — 5 Insightful Examples

Procurement Tactics

33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. Procurement Strategy Case Studies — 5 Insightful Examples. Setting the appropriate strategy in procurement is the first step to improving control and effectiveness of the overall procurement and sourcing activities. However, not everyone knows where to start in their strategy. .

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How the Digital Transformation is Changing Procurement

Procurement Heads

However, our article ‘What’s Happening in the Procurement Recruitment Market’ states that we are entering volatile and uncertain times – affecting the ease with which companies can recruit the best procurement professionals. In times like these, it’s crucial to turn to the latest technologies, which facilitate greater ease of operations to reduce strain on current employees and attract the top talent and supplies to your business.

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Drayage: What Is It & Why Does It Matter?

All Things Supply Chain

Drayage is one of the supply chain’s most important components, yet it is often confused or simply unknown.

Import 244
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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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Frictionless P2P: A Dream or Reality? 

ivalua

Author: Hubert Verweij , Head of Procurement Transformation, Capgemini Invent Sweden and Finland. Previously published on Capgemini’s website. Nowadays, Procurement practitioners primarily talk about emerging topics like the reduction of scope 3 emissions, supplier-enabled innovation and supply risk management. These discussions are fed by researchers and thought leaders who emphasize the changing role of Procurement to unlock value potential, mitigate risks and reduce total lifecycle cos

e2e 130
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CPO Compass 2023

Procurement Leaders

After years of firefighting, CPOs are leading their teams into an era of data-driven resilience – enabling their teams to deliver new sources of value. Dive deeper to discover the future of the function.

Sourcing 246

More Trending

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Supply Chain Collaboration — The Ultimate Guide

Procurement Tactics

33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. Financial Supply Chain — The Ultimate Guide of 2023. Supply chain collaboration is definitely new to many newcomers in the supply chain industry. It may be an overused term in the supply chain but still confuses a lot of people. . In this article, we will discuss what supply chain collaboration is.

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CPO Spotlight: Nick Priest

Procurement Heads

For the latest in Procurement Heads ‘ CPO Spotlight series, he spoke with James Dobbin about how he got into procurement, some of the trends he’s seeing in the financial and procurement space and whether the pandemic has pushed us closer to a cashless society. Could you tell us a little about Paysafe and what it is that you do. Paysafe is a leader in the payment sector and has been for the last 20 years.

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Impacts Facing The Supply Chain Ahead of the Holiday Season

All Things Supply Chain

Supply chain issues have negatively affected companies worldwide since early 2020. The COVID-19 pandemic brought restrictions and changed policies for businesses, leading to shortages in supplies and workers.

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Volkswagen Group Selects Ivalua to Digitize its Indirect Procurement Processes

ivalua

Ivalua platform selected to improve efficiency, transparency, and the employee purchasing experience. Redwood City, CA, December 15, 2022. Ivalua, a global leader in spend management , and Capgemini, a global IT services and consulting firm, today announced that after a comprehensive evaluation of available technology solutions, the Volkswagen Group has chosen Ivalua’s platform to digitize its global indirect procurement processes for the Group’s entire brand portfolio.

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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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Lene Aabo-Bjerregaard on close communication and collaboration in a crisis

Procurement Leaders

Danish biotechnology company Novozymes is a leader in the research, development and production of industrial enzymes, microorganisms and biopharmaceutical ingredients. With operations all over the world, and sourcing offices in Denmark, North America and China, its supply chain is exposed to a huge scope of complex challenges, across categories of spend including agriculture, chemicals, and enzymes, among others.

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RFP meaning: What is a request for proposal?

RPF360

Let's breakdown the RFP meaning and explore everything you need to know about this key business tool. Learn the definition of an RFP, who's involved in the RFP process, when you should issue one and how an RFP management system can streamline the process. The post RFP meaning: What is a request for proposal? appeared first on RFP360.

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Manufacturing Sourcing Company in India — The Ultimate Guide of 2023

Procurement Tactics

33 Procurement Interview Questions in 2022. Download Whitepaper →. . Or receive our famous weekly newsletter. Manufacturing Sourcing Company in India — The Ultimate Guide of 2023. India’s manufacturing industry is gaining popularity in the world and is set to grow much bigger in the future. However, why do companies source in India? In this article, we will talk about what a manufacturing sourcing company is.

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The warehouse flood – True stories

ABC of Procurement

Another true procurement story. The post The warehouse flood – True stories first appeared on ABC of Procurement.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.

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The Final Wrap-up of this year – the ATSC Awards 2022

All Things Supply Chain

The days are getting shorter, the nights longer (in the northern hemisphere) and Christmas is practically upon us.

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Ivalua Ranked in Comparably’s Global Top 100  Best Companies and Awarded Best for Culture, Women and Diversity

ivalua

Ivalua scoops hat-trick of awards at Comparably’s latest Best Companies ranking. Redwood City, CA, December 16, 2022. Ivalua, a global leader in spend management , today announced that following anonymous votes from employees across all its departments and international office locations, the company has been ranked by Comparably among the top 100 companies with the best culture, as well as a best company for women and for diversity.

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Eric Espinasse interview: ‘The more we depend on a supplier, the closer we need to be to them’

Procurement Leaders

Swiss biopharmaceutical company Ferring is a leader in reproductive and maternal health, with manufacturing facilities in Europe, the Americas, China and India. Here, CPO Eric Espinasse describes some of the strategies he has employed to manage the market volatility, from building up inventory to advanced segmentation and closer supplier relationships.

Suppliers 147
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How to use a supplier scorecard: Guide, examples and best practices

RPF360

Maintaining vendor relationships is crucial to your business. However, ensuring quality and effectiveness is just as important. Explore how to create and use a supplier scorecard to measure and optimize vendor performance. The post How to use a supplier scorecard: Guide, examples and best practices appeared first on RFP360.

Suppliers 181
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The 2nd Generation of Innovation Management: A Survival Guide

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?

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Financial Supply Chain —  The Ultimate Guide of 2023

Procurement Tactics

33 Procurement Interview Questions in 2022. Download Whitepaper →. . Or receive our famous weekly newsletter. Financial Supply Chain — The Ultimate Guide of 2023. The financial supply chain is new to many procurement professionals, especially those who have just started their journey in the procurement and supply chain industry. . For this article, we will tackle what a financial supply chain is.

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Report Links Car Supply Chain to Forced Labor in China

Supply Chain Brain

The authors claim China's systematic repression of the Uyghurs and opaque supply chains has allowed the automotive industry to become reliant on abusive suppliers.

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Supply Chain Weekly Wrap-Up 12/09/2022-12/15/2022

All Things Supply Chain

Amazon Sued by Supplier for Breach of Agreement Gilimex Inc a Vietnamese warehouse equipment manufacturer is suing Amazon for $280 million, claiming that the e-commerce giant backed away from agreements…

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6 warehouse robotics innovations Amazon showcased in 2022

Supply Chain Dive

Although many are prototypes, the company aims for them to eventually make an impact in the company's logistics network.

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Freight Procurement Simplified: Bids from Hours to Minutes

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

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Tenders IT System

Procurement Templates

Example Evaluation High Level Headings for Implementation (each section can be given a %). Note this is not for a technical evaluation using MOSCOW. 1. Overall Technical Solution. 2. Solution Architecture. 3.Delivery Feasibility by [date] 4.High-Level Delivery Plan. 5. Team Structure. 6. Proposed Team CVs. 7.Professional Capabilities & Experience: Comparable Solutions. 8.Professional Capabilities & Experience: Function / Sector. 9.Auditing, Security & Quality Assurance Standards. 10.

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Ivalua Partners with Hillenbrand to Centralize its Data and Improve Visibility across its Supply Base

ivalua

Redwood City, CA, December 20, 2022. Ivalua, a global leader in spend management , today announced that Hillenbrand, Inc. (NYSE: HI), a global industrial company, has selected Ivalua to centralize its supplier communication, contract data, and help consolidate best-in-class procurement processes. Hillenbrand required a platform to centralize supplier communication, contract data, and support its growth while providing the basis for future scalability into Procure-to-Pay (P2P).

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How To Negotiate With A Business Partner

Procurement Tactics

33 Procurement Interview Questions in 2022. Download Whitepaper →. . Or receive our famous weekly newsletter. How To Negotiate With A Business Partner. If you own a business, you’d know how hard it is to handle everything. You have to find the capital, manage employees, and keep track of profits. This is one good reason to get a deal with a business partner.

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Six Logistics Trends to Watch for in 2023

Supply Chain Brain

The transportation and logistics industry faces new challenges and an uncertain economy in the coming year. Following are six trends we can expect to see in 2023. .

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The Evolution of Control Towers to Command Centers

Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.

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Can Hybrid Packaging Improve Sustainability?

All Things Supply Chain

Rising climate change awareness has led to higher demand for sustainability actions. Consumers have made clear that businesses must demonstrate corporate responsibility for their environmental footprint.

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The Big Interview with Phil Singleton

Procurement Heads

For the latest in Procurement Heads ‘ Big Interview series, he spoke with Will Cooke about his procurement career, the challenges he and the team are currently facing and how he spends his spare time. How did you get into procurement? I suspect, like many people, I fell into it. Many years ago I took up a job in a retail wholesale environment, buying and selling electronic components.

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Interview: Barilla turns to multisourcing, new supplier markets and technology to overcome risks

Procurement Leaders

Privately held Italian food company Barilla, which started life almost 150 years ago in the northern Italian city of Parma, is today the world’s leading pasta maker – having almost 25% of the Italian market and producing the beloved food staple in 160 different shapes and sizes. Along with several leading pasta brands, it produces a wide range of breads and other cereal-based products, via production plants throughout Europe, as well as North and South America.

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Bol.com Selects Ivalua to Digitalize Strategic Source-to-Contract

ivalua

Redwood City, CA, December 7, 2022. Ivalua, a global leader in spend management , today announced that bol.com, the largest online retailer in the Netherlands and Belgium, has selected Ivalua’s solution to digitalize its indirect Source-to-Contract (S2C) processes. The project has been delivered in partnership with Accenture. Headquartered in Utrecht, bol.com is one of the most successful retail platforms for third-party suppliers in Europe with 13 million customers in the Netherlands and Belgiu

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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