ProcurePort

JUNE 17, 2023

As businesses strive to create leaner, more efficient operations, procurement software has emerged as a critical tool in this endeavor. This technology streamlines supply chain management, makes purchasing more transparent, and promotes more strategic decision-making. However, before jumping headfirst into implementing a digital procurement software, it is crucial to follow a sequence of key steps […] The post 10 Key Steps to Take Before Implementing Procurement Software appeared first on

supply chain software solutions 130

supply chain software solutions Supply Chain Efficiency Procurement Supply chain management 130

Procurement Templates

JUNE 18, 2023

I asked Chat GPT about Procurement Leadership and I have to say the response is good! Who are the procurement leaders? ChatGPT As an AI language model with a knowledge cutoff in September 2021, I can provide you with information about prominent procurement leaders up until that time. However, I may not have up-to-date information on the most recent developments.

Leadership 147

Leadership Procurement Agile and Lean Supply Chain Supply Chain Efficiency 147

ABC of Procurement

JUNE 17, 2023

Correct, procurement does not create contracts. The legal department does it. But if something goes wrong, we will have to deal with the consequences. The post Checklist for a good Procurement contract first appeared on ABC of Procurement.

Procurement contracts 182

Procurement contracts Contract Procurement 182

Procurement Tactics

JUNE 19, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Your Ultimate Guide To Launching A Digitized Procurement Startup One of the biggest advantages of digitization in the procurement industry is that it allows you to use data analysis to make informed decisions. Management consulting firm Oliver Whyman reports that incumbent companies are currently being overshadowed by a total of 356 procurement startups that offer

Procurement 201

Procurement supply chain software solutions Collaboration Procurement strategies 201

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 Leaders

JUNE 20, 2023

Every year, Procurement Leaders’ research team explores category planning for the next 12 months. In previous years, we have looked at competitive pressures, market dynamics and savings forecasts. This time, we are looking at maturity. There is a vigorous debate in the world of procurement about the speed at which we transform categories. Some pioneering CPOs launch ‘big bangs’ in which categories are rolled out across the business in one rapid blast.

Procurement team 147

Procurement team Procurement Influencing Buyers 147

All Things Supply Chain

JUNE 23, 2023

Elon Musk says Tesla to come to India Tesla CEO Elon Musk has expressed his intention to bring Tesla to India “as soon as humanly possible” following a meeting with…

Supply chain 246

Supply chain Supply Logistics 246

Procurement Tactics

JUNE 23, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 12 Best Construction Equipment Suppliers 2023 — Reviews & Pricing A good house and building come from reliable construction equipment and materials. If you are searching for the right tools and equipment for your construction plan, you are on the right page.

Price 211

Price Suppliers Negotiation Purchasing 211

Supply Chain Dive

JUNE 20, 2023

Customers in affected areas should keep an eye on any changes in pickup and delivery times, one expert noted.

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ProcurePort

JUNE 19, 2023

In the rapidly evolving business landscape, companies worldwide are embracing digital transformation to streamline operations, enhance productivity, and secure competitive advantages. A critical part of this digital journey involves redefining the procurement function, and procurement software is leading this revolution. Contrary to traditional belief, procurement is not only a cost-saving tool.

Procurement 130

Procurement 130

Procurement Templates

JUNE 18, 2023

What is inflation? ChatGPT Inflation refers to the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money. In other words, inflation means that, on average, you would need more money to buy the same amount of goods or services compared to the past. Inflation occurs when there is an imbalance between the supply and demand of money and goods.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 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

Procurement Tactics

JUNE 22, 2023

 Menu Course Library 1. Negotiation Course Learn from industry experts who negotiated billion $ deals 2. Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. ChatGPT & AI Use ChatGPT to automate procurement processes Access To All Unlimited access to all courses & templates Platform For Teams Procurement Tactics For Teams Where procurement teams build better skills, fas

Purchase orders 200

Purchase orders Purchasing supply chain software solutions Buyers 200

Supply Chain Dive

JUNE 21, 2023

The company is weathering a decline in demand, and relief doesn't appear to be coming from strike-fearing shippers.

Demand 133

Demand 133

Supply Chain Brain

JUNE 21, 2023

FedEx has trailed UPS on profit margins even though its larger rival has a unionized workforce and pays its drivers more.

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SCMR (Supply Chain Management Review)

JUNE 20, 2023

While last year’s State of Logistics report highlighted the need to get back in sync, the 2023 version finds logistics operations building long-term resilience in an effort to best serve customers through a variety of distribution channels.

Distribution channels 117

Distribution channels Logistics 117

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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.

supply chain budgeting

Procurement Tactics

JUNE 19, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter AI in Logistics — The Ultimate Guide Artificial intelligence is rapidly revolutionizing industries and logistics is not an exception. It changes how companies operate by providing applications that streamline planning, procurement, manufacturing, warehousing, distribution, transportation, and sales.

Logistics 193

Logistics supply chain budgeting supply chain software solutions Real-time Visibility 193

Supply Chain Dive

JUNE 20, 2023

The facility is the company’s largest to date and will move the retailer closer to its goal of offering two-day delivery to 95% of the U.S. population.

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Supply Chain Brain

JUNE 22, 2023

Is artificial intelligence the technology that will finally make humans obsolete?

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SCMR (Supply Chain Management Review)

JUNE 21, 2023

With so much uncertainty and mixed economic signals, it is hard, if not impossible, to see trends or predict what will happen in the supply chain.

Supply chain 114

Supply chain Supply 114

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

Procurement Tactics

JUNE 22, 2023

 Menu Course Library 1. Negotiation Course Learn from industry experts who negotiated billion $ deals 2. Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. ChatGPT & AI Use ChatGPT to automate procurement processes Access To All Unlimited access to all courses & templates Platform For Teams Procurement Tactics For Teams Where procurement teams build better skills, fas

Purchase orders 191

Purchase orders Purchasing Quantity Buyers 191

Supply Chain Dive

JUNE 22, 2023

The company paused enrollment in the program due to challenges meeting customer expectations.

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Supply Chain Brain

JUNE 21, 2023

Data-driven 3D printing provides a significant boost to the efficiency and productivity of the supply chain, helping manufacturers respond more quickly and effectively to disruptions.

Supply Chain Efficiency 110

Supply Chain Efficiency Supply chain Data Supply 110

Let's Talk Supply Chain

JUNE 22, 2023

One of the major drivers of Women in Supply Chain is Let’s Talk Supply Chain’s commitment to supporting bridging the gender gap in the industry. And it isn’t just the right thing to do, it’s a smart investment for a business landscape hallmarked by uncertainty and yes, the more-than-occasional chaos. Research shows that having more Women in Supply Chain can empower more curiosity and agility —helping organizations meet and exceed business milestones with breakthrough performance.

Agile and Lean Supply Chain 104

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply chain 104

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

Procurement Tactics

JUNE 23, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 12 Best UK Drop Shipping Suppliers 2023 — Pricing & Reviews The drop shipping industry is saturated but it is still a profitable business in 2023. According to Statista, the global dropshipping market will reach $243.42 billion in 2023.

Price 163

Price Suppliers Negotiation Quality 163

Supply Chain Dive

JUNE 23, 2023

Negotiations involving wages got off to a rocky start on Thursday, with the union calling a company counteroffer “appalling.

Contract 105

Contract Negotiation 105

Supply Chain Brain

JUNE 21, 2023

The growth of the circular economy and the logistics evolution that supports it are placing responsible action at the core of business culture and conduct.

Supply chain 106

Supply chain Logistics Supply 106

SCMDOJO

JUNE 21, 2023

The Supply Chain as a Service (SCaaS) market has experienced significant growth in recent years, with even greater potential ahead. SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. Let’s delve into this emerging concept. Companies often outsource or entrust these processes to third-party providers, reaping the abundant benefits of SCaaS.

Supply Chain Optimization 99

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 99

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

Procurement Tactics

JUNE 23, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 12 Best Construction Equipment Suppliers 2023 — Reviews & Pricing A good house and building come from reliable construction equipment and materials. If you are searching for the right tools and equipment for your construction plan, you are on the right page.

Price 130

Price Suppliers Negotiation Purchasing 130

Supply Chain Dive

JUNE 20, 2023

The electronic appliances shipper tapped Freightos’ Enterprise solution to improve shipment visibility and predictability.

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Supply Chain Brain

JUNE 21, 2023

Shipowners and charterers are adjusting operations to meet the lighter-load requirements, and weighing the costs of routing shipments elsewhere.

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Let's Talk Supply Chain

JUNE 19, 2023

In today’s episode of Women in Supply Chain , I’m joined by Sharon Manker – award-winning supply chain, supplier diversity and inclusion strategist; author; board director; keynote speaker; and advocate. Sharon is a multi-talented supply chain and procurement professional, with over 20 years industry experience. And as a renowned advocate and diversity strategist, she brings that experience – together with her unrivalled passion – to committees, and stages, around the country, using her voice to

Supply Chain Optimization 98

Supply Chain Optimization supply chain software solutions Supply chain Supply 98

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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.

Supply Chain Optimization