ProcurePort

NOVEMBER 30, 2023

The procure-to-pay process is a comprehensive journey involving steps from identifying a need for goods or services through payment to suppliers, emphasizing the importance of efficient communication, transparency, and strategic supplier relationships. Successful implementation of the procure-to-pay process requires meticulous attention to each stage, from request and purchase requisition to supplier evaluation, purchase order creation, […] The post What are the steps in the procure to pay

Purchase orders 130

Purchase orders Procurement Purchasing Suppliers 130

Procurement Templates

NOVEMBER 26, 2023

Nailing Soft Skills in Procurement: The Unseen Superpower Hard skills and soft skills – which is more important? The answer is, really, that it depends. Hard skills are undoubtedly crucial in specific occupations, but there isn’t a job in the world that doesn’t require soft skills. Even those specializing in specific skill sets need soft skills to work collaboratively in a team.

Procurement 130

Procurement Influencing Negotiation Contract 130

ProcurePort

NOVEMBER 27, 2023

Procurement as a Compliance Driver: Thorough vendor due diligence is essential, encompassing financial stability, adherence to labor laws, environmental practices, and ethical conduct. Proactively including compliance requirements in contracts ensures clarity, with regular audits facilitating continuous improvement and maintaining a compliant supply chain.

Procurement 130

Procurement Ethics Contract Sustainability 130

ProcurePort

NOVEMBER 29, 2023

In the dynamic and ever-evolving landscape of modern business operations, organizations are increasingly turning to innovative technologies to streamline their processes and enhance overall efficiency. Among the many technological advancements, Electronic Procurement (e-procurement) systems and Enterprise Resource Planning (ERPs) have emerged as integral components in the pursuit of operational optimization.

Procurement 130

Procurement Innovation 130

Speaker: Benjamin Woll

Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Shopify’s modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how Shopify’s composable approach helps modernize commerce stacks while maintaining control over critical systems.

Risk

Supply Chain Brain

NOVEMBER 28, 2023

Biden used the meeting to announce 30 actions that will provide Americans with access to medicine and the economic data needed to track the production and shipment of certain goods.

Supply chain 104

Supply chain Supply Data 104

All Things Supply Chain

NOVEMBER 27, 2023

With eco-friendly operations becoming more popular, many companies are considering a switch to electric-powered fleets. In fact, Statista projects that 60% of forklifts sold worldwide in 2030 will be electric.

Logistics 182

Logistics 182

ProcurePort

DECEMBER 1, 2023

In the rapidly evolving landscape of modern business, organizations are constantly seeking innovative ways to streamline their processes, enhance efficiency, and cut costs. One such technological advancement that has significantly transformed the traditional procurement process is the implementation of electronic procurement systems, commonly known as e-procurement systems.

Procurement 130

Procurement Innovation Management 130

Procurement Templates

NOVEMBER 26, 2023

The Future of Procurement: Navigating the AI Revolution Metaverse? Chatbots? Machine Learning? How familiar are you with these words? Perhaps now might be a good time to start getting cozier with your AI knowledge. The advent of Artificial Intelligence (AI) has undeniably altered the employment landscape, sparking debates about its potential to replace conventional jobs.

Procurement 130

Procurement Supply Chain Efficiency Ethics Supply Chain Optimization 130

Supply Chain Brain

NOVEMBER 30, 2023

Fortunately, corporate renewable energy and sustainability efforts are incentivized by local, state, and federal tax incentives that help offset the cost of adoption.

Sustainability 122

Sustainability Supply chain Supply 122

Supply Chain Dive

NOVEMBER 30, 2023

The company listed roughly 1.5 million square feet for sublease in October, the most in over a year, according to CoStar.

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129

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

SCMDOJO

NOVEMBER 29, 2023

In today’s fast-paced business world, excess inventory can be a major hindrance to growth and profitability. Whether it’s unsold products taking up valuable storage space or excess & obsolete items tying up capital, having excessive inventory can lead to increased costs and decreased cash flow. That’s why streamlining your inventory management strategies is crucial for success.

Inventory 111

Inventory Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain 111

Procurement Templates

NOVEMBER 26, 2023

I’m going to share some real procurement stories that have happened to me, since we are on the theme of memes, I will let on what really happens in the day of a procurement manger. If you want to read the other version click here In the early days of my career I was working at a global company and I let out a tender. I got the most surprising feedback from a supplier.

Procurement 130

Procurement Suppliers Negotiation Management 130

Supply Chain Brain

DECEMBER 1, 2023

In response to the ongoing crisis, carriers have begun redirecting their shipments to the U.S. West Coast or have opted for alternative routes via the Suez Canal.

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Supply Chain Dive

NOVEMBER 27, 2023

Here are five workforce-related issues procurement teams should consider when analyzing their supply chains.

Procurement strategies 126

Procurement strategies Strategy Procurement Procurement team 126

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

SCMDOJO

NOVEMBER 28, 2023

Supply chain management is one of the popular courses in today’s world and the education system. It is a field that requires individuals to have technical and excellent problem-solving abilities, which are vital in enhancing efficient logistics operations in different industries. Pursuing a degree in supply chain management requires utmost dedication and adequate finances to cater for tuition, accommodation, stationery, and other important necessities for a smooth school life.

Supply chain management 105

Supply chain management Supply chain management Supply Chain Efficiency Supply chain 105

Spend Matters

NOVEMBER 29, 2023

This Spend Matters Vendor Analysis gives an overview of Supplios. Supplios is a supplier collaboration platform built specifically to help manufacturers work with their direct-material suppliers. The platform has built-in functionalities for supplier management, direct material sourcing and procurement, supplier onboarding, supplier quality and supplier performance management.

Suppliers 104

Suppliers Sourcing Management Collaboration 104

Supply Chain Brain

NOVEMBER 29, 2023

The new tools include AWS Supply Chain Planning, AWS Supply Chain N-Tier Visibility, AWS Supply Chain Sustainability and Amazon Q.

Supply chain 115

Supply chain Supply Sustainability 115

Supply Chain Dive

DECEMBER 1, 2023

National providers' peak season gains indicate their rate discounting efforts are paying off, the shipping platform's CEO said.

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123

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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

Let's Talk Supply Chain

NOVEMBER 27, 2023

 It’s been a while since we brought you an episode of Thoughts and Coffee on Let’s Talk Supply Chain, but this recent episode was too good not to share. Because it was hosted by, not one, but two of our super talented live show hosts. Dyci Sfregola, host of Action Items, and Hope White, host of No Bullshipping, sat down to discuss how AI is changing the game when it comes to supply chain sustainability.

supply chain software solutions 98

supply chain software solutions Sustainability Supply chain Supply 98

SCMR (Supply Chain Management Review)

NOVEMBER 29, 2023

The average company investment in supply chain innovation has nearly doubled in 2023 compared to 2022, according to new research from Catena Solutions.

Innovation 97

Innovation Supply chain Supply 97

Supply Chain Brain

NOVEMBER 26, 2023

China’s plan for global economic dominance has run into a snag.

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111

Supply Chain Dive

NOVEMBER 28, 2023

Procurement tactics like creating demand signals and convening key industry players are critical tools in the government's playbook, a White House advisor told Supply Chain Dive.

Supply chain 123

Supply chain Supply Demand Procurement 123

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

Demand

IBM Supply Chain Blog

NOVEMBER 30, 2023

Ever since the pandemic changed the corporate world, organizations have rededicated themselves to excelling at employee experience strategy. A successful employee experience strategy (EX strategy) is the best way to recruit and retain top talent , as employees increasingly make decisions on where to work based on how they respond to employee needs. Organizations can prioritize overall employee experience by being thoughtful about how to serve their workers during all stages of the employee journ

Strategy 96

Strategy Influencing Management Import 96

Procurement Bulletin

NOVEMBER 26, 2023

Swedish Breakthrough in EV Battery Production Swedish battery startup, Northvolt, has reportedly developed an EV battery made of sodium-ion that doesn’t involve in-demand and expensive materials that current batteries require (e.g. lithium-ion batteries). This breakthrough could solve the constraints posed by current battery production requirements and cut the costs of production as well.

Export 95

Export Price Import Demand 95

Supply Chain Brain

NOVEMBER 29, 2023

Walmart shipped 25% of its U.S. imports from India between January 2023 and August 2023, up from just 2% in 2018.

Import 111

Import 111

Supply Chain Dive

NOVEMBER 28, 2023

The office, created by the Bipartisan Infrastructure Law, will develop a national multimodal freight network and advance freight logistics improvements.

Logistics 123

Logistics Networking 123

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

IBM Supply Chain Blog

DECEMBER 1, 2023

Insurers struggle to manage profitability while trying to grow their businesses and retain clients. They must comply with an increasing regulatory burden, and they compete with a broad range of financial services companies that offer investment products that have potential for better returns than traditional life insurance and annuity products. Although interest rates have increased at an unprecedented rate over the past year as central banks attempt to curb inflation, a significant part of insu

Data 96

Data Risk Innovation Product development 96

SCMR (Supply Chain Management Review)

NOVEMBER 28, 2023

Supercharge your warehouse performance with these key metrics and proven strategies from WERC's DC Measures Report. Download now!

Strategy 93

Strategy 93

Supply Chain Brain

NOVEMBER 27, 2023

It’s unlikely that the Panama canal will be able to increase traffic until the rainy season starts in mid-2024, according to experts.

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Supply Chain Dive

NOVEMBER 30, 2023

Hyoung Nam So was found guilty of securing a $100 million contract for a South Korean auto parts supplier in exchange for millions in cash.

Suppliers 121

Suppliers Management Contract Procurement 121

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