Procurement Tactics

SEPTEMBER 8, 2022

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. Or receive our famous weekly newsletter. Operational Procurement — Everything You Should Know. Operational procurement sustains every business to do its daily operation. But many people are not familiar with this term. . Do not worry if you do not know operational procurement as this article will help you understand it.

Procurement 226

Procurement Purchase orders Purchasing Strategic sourcing 226

RPF360

SEPTEMBER 8, 2022

While incredibly important, the RFP process is often complex and time-consuming. But with the right approach and resources, you can speed up the process and feel more confident managing RFPs. The post The RFP process: The ultimate step-by-step guide appeared first on RFP360.

Import 200

Import Management 200

Procurement Leaders

SEPTEMBER 8, 2022

Speakers and panellists took to the stage at this year’s World Procurement Congress (WPC) in London accompanied by the thumping strains of the Rolling Stones’ ‘Paint It Black’ Given the events roiling the supply chain at the time, the rock’n roll veterans’ ‘You Can’t Always Get What You Want’ might have been a more appropriate soundtrack.

Supply Chain Efficiency 195

Supply Chain Efficiency Procurement team Buyers Procurement 195

All Things Supply Chain

SEPTEMBER 5, 2022

Warehousing plays a major role in maintaining a speedy, efficient and seamless supply chain in today’s fast-paced business environment.

Supply Chain Efficiency 147

Supply Chain Efficiency Supply chain Supply Demand 147

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

Procurement Tactics

SEPTEMBER 7, 2022

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. Or receive our famous weekly newsletter. Sustainable Procurement — The Ultimate Guide of 2022. Sustainable procurement is becoming vital as demands continue to rise. Of course, it is no secret that the world is focused on sustainability. Everyone wants to be assured that the goods or services they need are accessible with no inconvenience.

Sustainability 163

Sustainability Procurement Cost of ownership Supply Chain Efficiency 163

Una

SEPTEMBER 7, 2022

Episode 81: How to Persuade Anyone, Anytime with Simon Horton. By Kelly Barner | September 7, 2022. The power of persuasion is at play all the time and in all settings. Sometimes it is as simple as swaying a group of friends to agree with your restaurant preference, but other times there is far more at stake. Hostage negotiators and diplomats regularly find themselves in situations where their skills are needed to save lives and preserve stability.

Negotiation 145

Negotiation Spend management Purchasing Sourcing 145

Supply Chain Brain

SEPTEMBER 9, 2022

So you’ve locked in your supply chain plan and network design? Good luck with that. In today’s global supply chains, unpredictability has become — well, predictable.

Supply chain 133

Supply chain Supply Networking 133

Procurement Tactics

SEPTEMBER 9, 2022

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. Or receive our famous weekly newsletter. Kraljic Matrix — Everything You Should Know. The Kraljic matrix is used by organizations to help them work smartly with their suppliers. However, we are sure that not all procurement professionals have heard this matrix.

supply chain budgeting 130

supply chain budgeting Purchasing Risk Market analysis 130

ivalua

SEPTEMBER 8, 2022

Originally published on Risk Management Monitor. Essentially every company that manufactures goods today depends on other companies to supply the raw or value-added materials that go into their finished products. Most companies recognize that good supplier relationships are more than simply arm’s length transactions between opposing parties. A better way of looking at those relationships is as partnerships—albeit ones that require management and alignment of objectives first and foremost, but ul

Risk 130

Risk Suppliers Management Supply Chain Efficiency 130

ProcurePort

SEPTEMBER 8, 2022

• Strategic procurement refers to a long-term plan to enhance the supply of specific goods and services essential to meeting an organization’s core objectives. • Strategic procurement captures a range of activities aimed at reducing costs, minimizing the supplier base, improving communications, and handling negotiations with various stakeholders – especially vendors.

Supply chain management 130

Supply chain management Supply chain management supply chain budgeting Supply chain 130

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

All Things Supply Chain

SEPTEMBER 8, 2022

From the outside, it would seem that your Human Resources (HR) department should have little to do with supply chain management, especially if you use a third-party distribution company.

Supply chain management 130

Supply chain management Supply chain management Supply chain Import 130

Procurement Tactics

SEPTEMBER 6, 2022

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. Or receive our famous weekly newsletter. Managing A Procurement Team – Definitive Guide. Managing a procurement team is difficult. You have this new wave of procurement professionals coming your way with different ideals and perspectives due to the generation gap.

Procurement team 130

Procurement team Management Procurement Innovation 130

ivalua

SEPTEMBER 7, 2022

The global industrial minerals group will deploy Ivalua’s Spend Management platform across five continents to digitize the Source-to-Requisition (S2R) process. Redwood City, CA, September 7, 2022. Ivalua, a global leader in spend management , today announced that Imerys, a multinational company specializing in industrial minerals solutions , has chosen Ivalua to streamline its indirect and direct spend management processes.

Purchasing 130

Purchasing Suppliers Raw materials Spend management 130

ProcurePort

SEPTEMBER 7, 2022

• Contracts are legally binding documents. As such, the process that governs their creation, execution, and reviewal – i.e. contract management is an integral function of any organization. • An efficient contract management process can mitigate contract administration costs by 40%, facilitate contract renewals with better terms and conditions, and improve relations with your vendors. […].

Contract management 130

Contract management Contract Contract administration Management 130

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supply chain budgeting

Supply Chain Dive

SEPTEMBER 7, 2022

More than 600,000 of the birds have been affected since mid-July as farmers start raising turkeys for the November holiday.

Supply 125

Supply 125

Procurement Tactics

SEPTEMBER 5, 2022

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. Spot Buying — Everything You Should Know. We are sure that many of you have heard the term spot buying. However, not all of the people who heard it know what spot buying is. . For this article, we will discuss the definition of spot buying.

Purchasing 130

Purchasing Negotiation Procurement team Procurement 130

Supply Chain Brain

SEPTEMBER 9, 2022

A survey from the Food Industry Association found that 70% of retailers said supply chain disruptions are negatively impacting their business, up from 42% the year before.

Supply chain 105

Supply chain Supply 105

ProcurePort

SEPTEMBER 6, 2022

• Procurement is a complex undertaking for organizations and requires a careful strategy to ensure it aligns with and supports the overall corporate strategy. The importance of procurement has increased over the past few decades, as demands for firms to be more efficient have increased. • The fact that firms can now source globally and […]. The post How To Build an Effective Procurement Strategy appeared first on ProcurePort Blog.

Procurement strategies 130

Procurement strategies Strategy Procurement Demand 130

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?

Innovation

Supply Chain Dive

SEPTEMBER 6, 2022

Delivery providers are also being asked about contract renegotiations, business profitability and if they fear retaliation over dissenting views.

Contract 117

Contract 117

The Thomas Blog

SEPTEMBER 6, 2022

The Food and Beverage Services Global Market Report expects the global market to grow from $3.2 trillion in 2021 to $3.7 trillion in 2022. It's a promising outlook, given that just a few years ago, Fortune reported an $18 billion loss for the top 25 U.S. food and beverage companies. As the newer generations move away from processed foods in favor of seeking healthier alternatives with cleaner labels, companies are adapting and pressing forward — t hat trend continues to grow at an excessive pace

Consumer demands 105

Consumer demands Supply Chain Efficiency Buyers Demand 105

Supply Chain Brain

SEPTEMBER 8, 2022

Supply chain managers need access to real-time information about all variables in the supply chain, which means they need unprecedented levels of transparency. .

Supply Chain Efficiency 105

Supply Chain Efficiency Supply chain Management Risk 105

Spendesk

SEPTEMBER 6, 2022

Business travel can be hellish to manage. With employees flying all over the world, there are flights to book, accommodation to arrange, and an endless list of miscellaneous costs and tasks to keep on top of.

Management 98

Management 98

Advertiser: GEP

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

Supply chain

Supply Chain Dive

SEPTEMBER 8, 2022

Officials are rewriting the tariff after receiving input from ocean carriers.

107

107

Una

SEPTEMBER 6, 2022

Leveraging Lean Procurement. By Hugo Britt | September 6, 2022. Have you ever been asked to “do more with less” in procurement? Perhaps the size of your team has been reduced, your function’s operating budget has been cut, or there is an organization-wide drive to eliminate waste and increase efficiency. No matter the reason, you’re faced with a pressing challenge – how are you going to maintain or increase productivity with fewer resources?

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain supply chain budgeting Procurement Procurement strategies 98

Supply Chain Brain

SEPTEMBER 7, 2022

When cargo is at rest, it’s also at risk. As disruptions such as strikes at major U.K. ports continue, shippers are scrambling to keep cargo moving so it’s harder to steal.

Risk 105

Risk 105

Let's Talk Supply Chain

SEPTEMBER 7, 2022

What is autonomy? For humans, autonomy is what allows us to do tasks, like walking, talking, waving, opening doors, pushing buttons, and changing light bulbs. In robots, autonomy is no different. Autonomous robots, just like humans, can also make their own decisions and then perform an action accordingly.?A truly autonomous robot?is one that can?perceive?

Raw materials 98

Raw materials Order Fulfillment Data Warehouse operations 98

Advertiser: ZoomInfo

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.

Buyers

Supply Chain Dive

SEPTEMBER 6, 2022

Fundamentally, engagement is the key to effective training, which is why we follow three key steps that guarantee effective, lasting training for every employee.

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106

Una

SEPTEMBER 8, 2022

The Challenging State of Procurement & Supply Chain. By Mackenzie Oakley | September 8, 2022. After a nearly two-year hiatus, conferences and in-person events are starting to take place in the procurement and supply chain industries. There may even be a tinge of urgency in the air as professionals make their way to these events to nurture personal relationships, take part in meaningful discussions, and get down to business.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain supply chain software solutions Supply chain Procurement 98

Supply Chain Brain

SEPTEMBER 6, 2022

Will mounting debt be the factor that finally plunges the economy into recession?

105

105

Supply Chain Game Changer

SEPTEMBER 9, 2022

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Is Bitcoin or Ethereum Digital Currency Right for You? Any cash or transaction that solely exists as electronically stored is referred to as electronic cash or digital money. Virtual currency does not exist in a physical form like paper, cheques, or coins. Instead, it is tracked and transmitted via computerized electrical identifiers.

supply chain software solutions 98

supply chain software solutions Supply Chain Efficiency Networking Supply chain 98

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Supply Chain Optimization