RPF360
SEPTEMBER 1, 2022
When you’re buying for your business, what do you call it? It seems like an easy question, but there are a lot of terms that refer to this process. On the surface, they all seem to mean the same thing. Some call it procurement. Others say purchasing. And, still others call it sourcing. Knowing [.]. The post Procurement vs. purchasing vs. sourcing differences appeared first on RFP360.
Supply Chain Game Changer
AUGUST 27, 2022
Emerging from the pandemic and the global Supply Chain disruption that it caused, we are now entering the Supply Chain Renaissance.
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All Things Supply Chain
AUGUST 29, 2022
Your eCommerce returns policy is critical to convincing consumers to click the Buy button.
Procurement Tactics
SEPTEMBER 2, 2022
33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. Cost Avoidance vs Cost Savings — 3 Crucial Differences. Saving money is a good way to help the organization achieve its goal. With the additional savings, the organization can use it to purchase or invest in things that will make it develop more.
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Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.
Procurement Heads
SEPTEMBER 1, 2022
What are the benefits of hiring an interim procurement professional? Interim procurement practitioners are predominately highly experienced individuals who have made a conscious decision to deliver project-based or programme-related outcomes. Due to their extensive knowledge and ability to ‘parachute’ into organisations at short notice, interim hires are an attractive offering for many businesses in need of immediate support.
ProcurePort
SEPTEMBER 1, 2022
• If you’re looking for ways to manage spending and improve your profit base you cannot afford to overlook contract management. • You see, according to analysts from PricewaterhouseCoopers, effective contract management can save businesses up to 2% of their annual costs. And without an efficient contract management strategy, companies stand to lose 9.2% of […].
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Procurement Tactics
AUGUST 31, 2022
33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. E-Invoicing — Everything You Should Know. E-invoicing changes the way payments and billings in procurement are done. It has been around for a long time and now it gets the spotlight that it deserves. However, we are sure that not all of you know about this.
Procurement Heads
SEPTEMBER 1, 2022
Tell us a bit about your background. I am the Chief Finance and Operations Officer at Pool Re. I am now actually the longest-serving member of staff at Pool Re and have been here for 13 years. I am a chartered accountant, before joining Pool Re I had a number of roles, none of which were in insurance, I kind of fell into the role here. My main role here is primarily that of being a CFO, but one of the things I like about it here is that it is a fairly small business so we tend to have quite broa
ProcurePort
AUGUST 31, 2022
• The use of data for decision-making has grown extensively over the last decade. Leaps in data use and data leverage are courtesy of new technological developments in spheres like cloud computing, big data, analytics, and automation platforms. • Procurement analytics simply relates to how organizations use big data in terms of procurement spend analytics […].
All Things Supply Chain
AUGUST 31, 2022
The conflict between the tried and tested and the new technology is something we encounter on a regular basis.
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.
Procurement Tactics
AUGUST 30, 2022
33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. E-Procurement — Everything You Should Know. E-procurement has been adopted by many organizations as it simplifies the process of procurement. However, even if many people heard about it, many are still left wondering what it is. .
Supply Chain Dive
SEPTEMBER 2, 2022
Auto companies are pouring billions of dollars into new facilities and supplier agreements as they strain to secure needed raw materials.
ProcurePort
AUGUST 30, 2022
• Every organization aims to use its purchasing power to maximize value from its procurement undertakings. However, procurement is a complex undertaking with so many variables that affect the outcome. • The business must remain alive to competitor actions, the regulatory environment, market price changes, and even the political environment. Internally, there are issues such […].
Spend Matters
AUGUST 29, 2022
Categories: Sponsored Article , Supplier Management , supplier networks , Supply Chain Management Tags: Sponsored Article In the modern world of business, outsourcing has become increasingly popular due to its multitude of benefits; from cost-saving to accessing specialized skill sets and resources. Every major business is therefore likely to be part of a complex supply chain of third parties that depend on the delivery from one another.
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
Procurement Tactics
AUGUST 29, 2022
33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. E-Tendering — Everything You Should Know. E-tendering is used by many companies as it helps them to find the best suppliers for upcoming purchases at the right price. But, how is e-tender done by professionals? In this article, we will talk about e-tendering and how it works.
Supply Chain Brain
SEPTEMBER 2, 2022
There’s a pressing need to make inventory management more flexible, resilient and stable. Many companies are turning to artificial intelligence as a solution.
Supply Chain Game Changer
AUGUST 27, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Avoiding these 6 Cybersecurity Tips Might Harm Your Business! Everything on the internet is interconnected. Despite some firms having barred others from gaining access to their networks through firewalls and authentication procedures, computer geniuses still find a way to get past these obstacles and penetrate seemingly ironclad cybersecurity network security infrastructures.
Una
AUGUST 31, 2022
Episode 80: What is (and is NOT) in the Inflation Reduction Act with Kris Lance. By Kelly Barner | August 31, 2022. Business leaders and decision makers and constantly in a race to keep up with the pace of change. That includes the competitive landscape, economic trends, and new legislation. Case in point: The Inflation Reduction Act of 2022. Despite its name, legislators on both sides of the aisle agree that this law is not about reducing inflation.
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.
Procurement Tactics
AUGUST 29, 2022
33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. Negotiation Speaker 2022 – 10 Most Popular Experts. Many negotiation professionals attend seminars and conferences to be uplifted and learn new things in their profession through negotiation speakers. In this article, we will check some negotiation speakers that you can listen to and be inspired by their journey regarding negotiation. .
Supply Chain Brain
AUGUST 28, 2022
Does blockchain truly hold promise for creating a more efficient supply chain, or will it be dragged down by the lead weight known as Bitcoin? .
Supply Chain Game Changer
AUGUST 29, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 6 Ways Healthcare Professionals Can Prevent Occupational Hazards! A healthcare career is something that a lot of people feel drawn to. It’s a way of helping others that can be extremely rewarding. And it’s ideal for people who want to feel as though they are making a difference through the soft skills used in Healthcare.
Supply Chain Dive
AUGUST 30, 2022
Regulators were concerned that a sale to China International Marine Containers would have led to higher prices and less supply chain resiliency.
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Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.
Una
SEPTEMBER 1, 2022
What's a GPO and How Do GPOs Make Money? By Mackenzie Oakley | September 1, 2022. Group purchasing remains one of procurement’s best-kept secrets. Not because the concept is new, but because inaccurate, preconceived notions surrounding the concept of group purchasing still exist in the sourcing world today. Some procurement professionals are concerned that a group purchasing organization , or GPO, won’t be able to accommodate their unique requirements.
Supply Chain Brain
AUGUST 28, 2022
Lone hackers, rogue nations and cybercrime syndicates have a big agenda in common: Alone or collectively, they can bring the global supply chain to its knees.
Supply Chain Game Changer
AUGUST 30, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Single Point of Failure in Supply Chain – Semiconductor Fabrication! Many businesses use some form of Total Cost of Ownership model to support their Procurement and sourcing decisions. In fact these models are not just used casually, but they often are designed to inform and make optimal sourcing choices.
Supply Chain Dive
AUGUST 30, 2022
As e-commerce demand soars, the global transportation and logistics provider will work with Locus Robotics to expand its footprint significantly in the U.S. and Europe.
Advertiser: GEP
Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk. When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.
Let's Talk Supply Chain
AUGUST 28, 2022
Today I’m joined by Cargo Chief and Hubtek , not one but two leading technology companies, working in the transportation space, who often partner together to provide the best results for their customers. Cargo Chief enables 3PLs and freight brokers to expand their carrier network, gain visibility into real-time pricing, and streamline their processes.
Una
AUGUST 30, 2022
The Disruptive Power of Digital Procurement. By Hugo Britt | August 30, 2022. “Digital” is one of those vague terms that changes depending on context. For old-school procurement professionals , going digital may simply mean moving away from paper-based processes. Modern sourcing experts are more likely to point to Cloud-based , end-to-end procurement platforms, while those on the leading edge will list all sorts of disruptive technologies ranging from predictive AI to machine-learning enabled ch
Spendesk
AUGUST 29, 2022
Nowadays, there’s no excuse for soaking up your finance team’s valuable time and effort with clunky manual processes. If anyone in your team is still copying and pasting data between Excel sheets, they might as well be working with quills and parchment.
Supply Chain Dive
AUGUST 29, 2022
Competitors “have sought to exploit” Spencer Patton's campaign for improved pay and other changes, the logistics giant said in a lawsuit.
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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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