SCMDOJO

AUGUST 22, 2023

Discover the power of sustainable procurement in enhancing supply chain resilience and brand reputation and learn about its importance.

Sustainability 237

Sustainability Import Supply chain resilience Procurement 237

Supply Chain Dive

DECEMBER 14, 2023

The profession has growing needs for data and technology as well as general business skills, according to a recent survey by Gartner.

Procurement 137

Procurement Data 137

Supply Chain Brain

DECEMBER 20, 2023

From scenario planning to relationship building, procurement teams are in a new era of risk management that will be crucial for long-term success.

Risk management 126

Risk management Risk Management Procurement 126

Una

FEBRUARY 28, 2023

EPISODE 104 Leveraging the Power of a Procurement Task Force with Harold Hendrickx By Kelly Barner | March 1, 2023 With the last few years being as unpredictable as they have been, procurement has experienced a number of mindset shifts – all of which have increased our agility and resilience. In fact, procurement has undergone so many changes that comparisons to the approaches and team models seen in military settings are not out of line.

Procurement 128

Procurement Procurement team Leadership Sourcing 128

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Learn strategies to develop supply chain maturity and save on costs. In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation. Discover actionable first steps to boost your operations and reduce costs.

supply chain budgeting

Art of Procurement

FEBRUARY 9, 2023

The last few years in procurement recruiting have been wild – just like the external conditions procurement professionals have been. The post A Look at the Current State of Procurement Recruiting appeared first on Art of Procurement.

Procurement 145

Procurement Management 145

Supply Chain Dive

NOVEMBER 9, 2023

In an earnings call, the home appliance company said it reduced parts complexity and used dual sourcing to mitigate supplier-driven disruptions.

Procurement 140

Procurement Sourcing Suppliers 140

Supply Chain Brain

DECEMBER 20, 2023

As the landscape of supply chains grows increasingly complex and data-driven, the role of artificial intelligence becomes more critical in streamlining procurement processes.

Procurement 119

Procurement Supply chain Data Supply 119

SCMDOJO

SEPTEMBER 12, 2023

Unlock efficient inventory management with ABC classification. Learn the steps, benefits, and use SCMDOJO's tool for quick analysis.

Supply Chain Optimization 275

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Supply chain 275

SCMR (Supply Chain Management Review)

MAY 24, 2023

Only 30% of digital transformations meet or exceed a company’s expected target value. The reason? The wrong procurement process was used, say experts.

Procurement 123

Procurement 123

All Things Supply Chain

OCTOBER 30, 2023

The global supply chain is facing a labor shortage that has slowed down manufacturing and shipping times. As a result, prices continue to rise and economic stagnation has gotten worse.

Supply chain 296

Supply chain Supply Price Supply chain management 296

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

FEBRUARY 19, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter ChatGPT in Procurement — Revolutionizing the Norm ChatGPT is getting popular not just in procurement but also in various industries as it assists professionals in their everyday work. However, what is it? This article will help you know what ChatGPT is.

Procurement 287

Procurement Market analysis Contract Suppliers 287

ivalua

FEBRUARY 10, 2023

Ivalua Blog [ivory-search] Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike February 10, 2023 | | Procurement Strategy Mitigating EMEA Inflationary Pressures Through S2P Solutions In the EMEA region, organizations are increasingly facing an uphill battle against inflation – one that can be particularly hazardous when it comes to making procurement decisions.

Price 264

Price Strategy Sourcing Real-time Visibility 264

Procurement Heads

AUGUST 16, 2023

For Procurement Heads’ latest Big Interview, he spoke with  Sagar Bhardwaj  about his procurement career. How did you get into Procurement? My career in procurement started when I completed my apprenticeship in business and administration at 17, working within the local authority where I was part of the property management and investment team and was involved in the publication of pin notices, quick quotes and mini competitions.

Procurement 246

Procurement Suppliers Risk Negotiation 246

Procurement Leaders

JANUARY 16, 2023

As a former farmer with some 10 years’ experience, Nestlé CPO Patricia Stroup is all too aware of the threats that can impact Nestlé. “I grew up on a farm and I had a farm for 10 years as my first job out of college. My after-school job during high school was milking cows,” she says. “Geopolitical crises, supply chain disruption, inflation – all of those, of course, are a problem.

Risk 246

Risk Management Risk management Strategic planning 246

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

RPF360

JANUARY 19, 2023

Strategic sourcing managers focus on maximizing the value of vendor relationships. It's a specialized skill and a rewarding path. Enabled by RFP software systems and other procurement technology, the growth potential in this role is compelling. Explore everything you need to know here. The post Strategic sourcing manager: Procurement role on the rise appeared first on RFP360.

Strategic sourcing 222

Strategic sourcing Strategic sourcing Sourcing Vendor relationships 222

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 Templates

DECEMBER 28, 2023

A certain amount of stress is normal in procurement, we are chasing deadlines, trouble shooting contracts, keeping stakeholders happy, therefore we need an avenue to release the stress and take steps time out to look after ourselves. The busier you are, the more it’s been recommended to take some time out to clear your mind. Sometimes, we don’t have the luxury of leaving our desks, and you can only take so many coffee breaks.

Procurement 147

Procurement Contract 147

ProcurePort

MARCH 6, 2023

Procurement is a crucial aspect of any business, and it plays a significant role in ensuring that the organization runs smoothly and efficiently. As a procurement professional, you are responsible for ensuring that your organization obtains the goods and services it needs at the right quality, quantity, and price. In this blog post, we’ll discuss […] The post 6 Ways to Improve Procurement Performance appeared first on ProcurePort Blog.

Procurement 147

Procurement Quantity Quality Price 147

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 Dive

DECEMBER 7, 2023

The beverage giant is focused on efficiency in its operations and working with communities, Pepsi’s senior director overseeing water strategy told Supply Chain Dive.

Supply Chain Efficiency 143

Supply Chain Efficiency Supply chain Supply Strategy 143

Supply Chain Brain

JUNE 12, 2023

Vice Chancellor Robert Habeck said German policymakers should avoid "making the same mistake again" of assuming the economy will be unaffected by the Russian war in Ukraine.

145

145

All Things Supply Chain

SEPTEMBER 18, 2023

The diamond industry has long been associated with luxury, beauty, and timeless elegance.

Supply chain 294

Supply chain Supply Productive Supply Chain Export 294

Procurement Tactics

MARCH 16, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Strategic Procurement — Everything You Should Know Strategic procurement allows businesses to meet the demand of the current procurement landscape by making sense of the data and automating the procurement process. However, what is it?

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

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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.

Real-time Visibility

ivalua

MAY 30, 2023

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Launched by the Saudi government in 2016, the Saudi Vision 2030 Program is a sweeping reform initiative with the aim of diversifying the country’s economy and reducing its reliance on oil production.

Eprocurement 49

Eprocurement Procurement Supply Chain Efficiency Supply chain resilience 49

Procurement Heads

MARCH 27, 2023

For Procurement Heads ‘ latest Big Interview, Lorna spoke with Gemma Burman about her procurement career. How did you get into procurement? Well, like a lot of people, I fell into procurement really. After I graduated, I did struggle to find out what I wanted to do, so I went through a few temporary roles and at the same time I actually met a woman who worked in marketing for Peel Holdings in Manchester, and we walked our dogs at the same time in the same place.

Sustainability 246

Sustainability Agile and Lean Supply Chain Influencing Contract 246

Procurement Leaders

MARCH 6, 2023

From simmering geopolitical tensions to soaring energy costs and staff shortages, the challenges faced by businesses in recent months have been complex and interlinked, and procurement has a key role to play in tackling this “polycrisis”. At Procurement Leaders, we’ve been seeking out the community’s insights into how they’re dealing with these challenges and how they see things panning out in the months to come.

supply chain budgeting 189

supply chain budgeting Suppliers Risk Procurement 189

RPF360

JANUARY 5, 2023

Whether it's your first RFP or your 101st, sometimes we end up staring blankly at our team, wondering if we've covered all our bases. Learn how to identify and manage sources of vendor risk throughout the RFP and contract review process. The post The best request for proposal (RFP) questions to ask vendors appeared first on RFP360.

Contract 210

Contract Risk Sourcing Management 210

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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

ABC of Procurement

SEPTEMBER 9, 2023

This is a real-life story on how procurement sometimes has to support the supplier even if the stakeholders are against the idea. The post The Warehouse Lights bet-short stories first appeared on ABC of Procurement.

Suppliers 162

Suppliers Procurement 162

Art of Procurement

DECEMBER 14, 2023

The Racketeer Influenced and Corrupt Organizations Act, better known as RICO, is usually associated with organized crime. In 1992, it. The post Reading FedEx Ground the RICO Act appeared first on Art of Procurement.

Influencing 142

Influencing Procurement Risk management Contract 142

ProcurePort

MARCH 6, 2023

In today’s competitive business landscape, it’s essential to ensure that your procurement process is streamlined and efficient. A smooth procurement process can help your organization save money, reduce risk, and enhance collaboration with suppliers. However, simplifying and streamlining procurement is often easier said than done. In this blog post, we’ll discuss six ways to simplify […] The post 6 Ways to Simplify & Streamline Your Procurement Process appeared first

Procurement 147

Procurement Collaboration Risk Suppliers 147

Supply Chain Dive

MAY 11, 2023

The food giant’s service rates and sales have improved with digital tools that provide visibility into its operations, though some ingredient shortages persist.

Agile and Lean Supply Chain 145

Agile and Lean Supply Chain Supply chain Supply 145

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