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

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

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Supply Chain Optimization

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

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

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

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

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

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

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.

Supply chain

Supply Chain Game Changer

SEPTEMBER 8, 2022

As we emerge from the pandemic Supply Chain is facing its moment of truth. Do we go back to old ways or start the Supply Chain Renaissance.?

Supply chain 160

Supply chain Supply 160

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

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

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

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

Bidding

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 132

Supply chain Supply Networking 132

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 Dive

SEPTEMBER 7, 2022

An Abbott formula recall and a Family Dollar rodent infestation underscore how systematic failures can compromise safety.

Food and Beverage Supply Chain 140

Food and Beverage Supply Chain Supply chain Supply 140

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

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.

Supply Chain Optimization

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

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

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 124

Contract 124

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

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Supply Chain Optimization

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 Data Order Fulfillment Warehouse operations 98

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

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 132

Supply 132

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

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.

Procurement

Let's Talk Supply Chain

SEPTEMBER 7, 2022

It’s the fourth and final episode of our Sifted mini-series! Last week in episode three, I was joined by Caleb Nelson, Chief Growth Officer, to talk all about Sifted’s Parcel Audit solution for shippers; how it can identify and recover lost revenue; how the boom in ecommerce has impacted shippers; and the power of strategic automation. And today in episode four, we’ll be turning our attention to Sifted’s Contract Management Suite.

Contract 97

Contract supply chain budgeting Contract management Supply Chain Optimization 97

Supply Chain Game Changer

SEPTEMBER 8, 2022

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Insights for Managing Your Fleet Strategy! Many businesses rely on vehicle fleets to deliver their products or services to customers. For this reason, an efficient, well-organized fleet is key to maintaining a good workflow. While there are many things businesses can do to improve the workflow of their vehicle fleets, one of the most important is to have a vehicle tracking system.

Supply Chain Efficiency 97

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Data 97

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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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

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