Procurement Tactics

MARCH 17, 2023

Despite sanctions and banning the import and purchasing from the G7 countries, Urals oil prices maintain their stand in the market. Closed borders, limited production, importation, and exportation all add up to the piling factors of the Urals oil price fluctuation. Their export markets are China, the United States, and Europe.

Price 166

Price Export Demand Purchasing 166

Procurement Tactics

MARCH 16, 2023

If the dollar rate strengthens against other currencies this will lead to expensive corn purchasing. Brazil’s corn export weakened the US market by reaching 6 million tons of corn export on November 2021 according to experts. Corn is often traded in dollars so its’ value depends on the US economy’s performance.

Price 166

Price Export Demand Buyers 166

Planergy

MARCH 11, 2025

Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. With PLANERGYs integration with Sage Intacct, a cloud accounting automation software, Sage Intacct users can now link these two powerful systems to streamline the entire purchase order and accounts payable management system.

Real-time Visibility 52

Real-time Visibility Purchase orders Export Purchasing 52

Spend Matters

MARCH 11, 2025

While the imposition of import/export tariffs on goods is nothing new, the recent spate of quid pro quo mandates is increasing complexity and uncertainty for organizations trying to navigate their impact on supply chains. Its far more complicated from an application perspective.

Supply Chain Optimization 79

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 79

Procurement Tactics

JUNE 8, 2023

Rather than updating the general ledger account inventory when goods are purchased for resale, accountants record the transaction by debiting a temporary account for purchases. The resulting figures and reports can be exported to accounting software. When to Use it? Frequently asked questions + What is periodic inventory?

Inventory 192

Inventory supply chain software solutions Real-time Visibility Quantity 192

Strategic Sourceror

MAY 10, 2022

At the same time, Russia's military action in Ukraine and NATO's reprisal sanctions on Russia have completely sidelined the region that exports 3/4ths of all raw sunflowers in the world. Shortages and price hikes on oil have led to protests and disturbances in the country and become a hot-button political issue.

Export 52

Export Price Strategic sourcing Strategic sourcing 52

Procurement Leaders

AUGUST 28, 2024

Miriam explained to members that around half of rich nations’ water footprint – that is, the total amount of water consumed and/or polluted in producing the goods and services we purchase – originates from areas facing extreme water insecurity. She gave the example of one kilogram of bananas, which requires 800 litres of water to produce.

Export 130

Export Risk Supply chain Procurement team 130

Procurify

MAY 12, 2022

Many people use the terms procurement and purchasing interchangeably. In this guide, we clarify any confusion on the difference between procurement and purchasing, and deep dive into each area. What is purchasing? For example, by creating and fulfilling purchase orders and arranging payment for goods. Before we begin.

Purchasing 52

Purchasing Procurement Purchase orders Cost of ownership 52

Procurement Tactics

JULY 12, 2022

According to Statista , the leading exporter of major weapons between 2017 and 2021 by country is the United States of America. Oversee all stages involved in the purchase and delivery of the equipment for the armed forces. What country is the largest exporter of weapon systems and military equipment? Editor's note: Hi there!

Procurement 130

Procurement Export Budget Contract 130

Strategic Sourceror

SEPTEMBER 16, 2022

Russia and Ukraine are both major global exporters of this ubiquitous grain, accounting for nearly 30% of worldwide production as of 2021 , based on the most recent estimates available from the U.S. " While snack cakes are primarily known for their sugar content, they contain dozens of ingredients beyond sugar. One of this is wheat.

Export 104

Export Buyers Supply chain Strategic sourcing 104

NLPA (Next Level Purchasing Association)

MARCH 24, 2022

Many large companies who are major exporters also prefer to be responsible for the inbound shipment of purchased goods; it increases its leverage with shippers. Freight Flow, Export Customs and Clearances. The export customs process is routine and superficial in most countries. Essentially, it is a data collection effort.

Logistics 52

Logistics Export Buyers Raw materials 52

Jaggaer

DECEMBER 12, 2024

Smart matching of supplier attributes to rate structures is now available between Advanced Sourcing Optimizer (ASO) and the new Advanced Rates feature to streamline sourcing events and bid exports. release includes improvements for Source-to-Contract (S2C). Version 24.3

Supply Chain Optimization 52

Supply Chain Optimization Bill of materials Supply Chain Efficiency Contract 52

Positive Purchasing

OCTOBER 28, 2022

In fact, Ukrainian food exports provide the calories to feed around 400 million people on the planet. But exports have been disrupted by Russia blocking the port of Odesa. Russia and Ukraine supply about 28% of the world’s wheat, 29% of its barley, 15% of its maize and an incredible 75% of its sunflower oil.

Agile and Lean Supply Chain 129

Agile and Lean Supply Chain Export Price Supply chain 129

Supply Chain Game Changer

APRIL 20, 2022

Clothing manufacturers make pieces of clothing both for the local and export markets. However, the industrial scale production of clothing is mostly for export. Countries like China, Bangladesh, and India all are battling for offering a superior cost to the pieces of clothing purchasers to hold the export share high.

Supply Chain Optimization 95

Supply Chain Optimization Supply Chain Efficiency Supply chain Raw materials 95

Supply Chain Game Changer

JULY 21, 2020

Export and import formalities : here, incoterms defines which party arranges for import and export formalities. If you are buying or selling goods, issuing or received purchase orders, receiving or sending invoices, negotiating contracts, labelling packages or moving goods, you will likely be exposed to one or more Incoterms.

Export 85

Export Buyers Logistics Purchase orders 85

Supply Chain Brain

JANUARY 15, 2025

Among the Plan Mexico priorities are to speed up the permit process for exporting manufacturers that import materials duty-free and boost the purchase of locally made goods.

Import 52

Import Export Purchasing 52

SCMDOJO

MAY 30, 2024

Data-Driven Planning: Collaborates with other departments to gather and analyze data, ensuring accurate demand planning for efficient purchasing and resource allocation. Export Documentation Specialist: Legal Compliance: Ensures compliance by preparing accurate and complete documentation for international shipments.

Logistics 98

Logistics Order Fulfillment Supply Chain Optimization Inventory 98

Supply Chain Game Changer

AUGUST 5, 2020

For exporters, as well as those who own an eCommerce business, maintaining the pristine condition of each product before it reaches the customer must always be a priority. Purchase parcel insurance. The reputation of a brand also relies heavily on its capability to secure its products during the shipment process.

Order Fulfillment 98

Order Fulfillment Supply Chain Efficiency Export Buyers 98

The Thomas Blog

AUGUST 2, 2022

In a recent Industrial Buyer's Search Habits Survey , one purchasing supervisor that "having more online information like specifications, pricing, lead time, and stock levels online are important when I'm vetting new suppliers and will make my job easier.".

Buyers 144

Buyers Quality Ethics Export 144

Una

OCTOBER 13, 2022

Purchasing strategies are impacted by geopolitical events, buffeted by shipping delays, stretched by inflation, and made obsolete in an instant by black-swan events such as the Suez Canal obstruction or (of course), a global pandemic. The last couple of years have truly been a very exciting time to be in supply chain. Get in Touch.

Procurement 98

Procurement Agile and Lean Supply Chain Price Supply chain 98

Una

JULY 5, 2022

As a group purchasing organization , Una is in a unique position to help businesses solve these problems and tackle supply chain disruptions and inflation head-on. Group purchasing organizations use the collective buying power of their members to negotiate contracts with better prices. The Truth About Group Purchasing Organizations.

Purchasing 69

Purchasing Contract Price Supply chain 69

Supply Chain Game Changer

JANUARY 20, 2022

On a side note, a lot of the goods you see in marketplaces come from Chinese sellers who offer their products on AliExpress for much lower pricing for bulk exportation to other nations. AliExpress allows for single-unit purchases, whereas Alibaba is focused on wholesale. This tool allows you to filter your AliExpress purchases.

Import 96

Import Buyers Quantity supply chain software solutions 96

The Network Effect

OCTOBER 30, 2015

Understanding their supplier responsibilities as exporters is a critical performance component within a global supply chain. Popular INCO terms for international shipments include; FCA (free carrier), where the named place is the shipping location or export port. authorizations. provide appropriate packaging and markings.

Supply chain 52

Supply chain Export Networking Supply 52

Spend Matters

JUNE 19, 2023

E-procurement solutions use an electronic interface to automate, guide and approve the purchase and reception of products and services. They mainly make requisitions and purchase orders to suppliers through searches in internal or external catalogs or via configurable electronic forms. What does an E-Procurement solution do?

Procurement solutions 98

Procurement solutions Procurement supply chain budgeting Real-time Visibility 98

Supply Chain Game Changer

MAY 7, 2020

Common Mistakes in Importing and Exporting! Know more about the existing market and have an assessment to identify if there are people who will be willing to purchase your imported products. Study more about the culture of the exporting country so that you can implement suitable strategies once you negotiate with your supplier.

Import 64

Import Export Negotiation Suppliers 64

Supply Chain Game Changer

NOVEMBER 20, 2018

China is now the leading exporter of many items and Chinese products have become absolutely ubiquitous. In America alone, consumers purchase more than $500 billion worth of Chinese goods per year. China #Import #Export #Logistics #SupplyChain #SCM #Freight. Why Import your Products from China? The post Importing From China!

Import 46

Import Export Supply Chain Efficiency Supply chain 46

Strategic Sourceror

JULY 12, 2022

The war in Ukraine has also contributed to soaring inflation, particularly for staple products like wheat, which is a major export from that part of the world. This is due to more export activity from Indonesia, which is responsible for much of the world's palm oil production. Brought to you by the StrategicSourceror.

Price 57

Price supply chain budgeting Export Strategic sourcing 57

Procurement Heads

AUGUST 11, 2022

In summary, after almost 15 years of leading major transformation projects and teams internationally for three multinational companies, I got to experience procurement in its early days, when purchasing was a standalone island fighting to earn its place at the leadership table.

supply chain budgeting 130

supply chain budgeting Supply Chain Efficiency Supply chain Leadership 130

Finale Inventory

JANUARY 27, 2025

When a customer purchases an item – whether through your online store or physical location – the system instantly updates inventory levels across all channels. Remember to verify firmware compatibility and available support options before making a purchase.

Inventory 52

Inventory Management Order Fulfillment Warehouse operations 52

Una

JANUARY 17, 2023

Supply chains can grind to a halt due to the need to comply with time-consuming and complex regulations including customs and import/export laws. In this article, we break down the latest supply chain technology into several categories to provide a snapshot of the current state of the industry. Streamlined cross-border trade.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Supply chain Real-time Visibility 98

Supply Chain Game Changer

NOVEMBER 11, 2018

Every year, roughly 80 million Easter eggs are purchased in the UK alone. Typically with the next step, a lot of big chocolate brands buy the cocoa through intermediaries and then the beans are packed into sacks ready to be exported to the brands processing facilities in other locations around the world. From Plantation to Factory.

Supply Chain Efficiency 76

Supply Chain Efficiency Supply chain Supply Export 76

Procurement Express

FEBRUARY 16, 2023

Input all your data in the spreadsheet, then when you’re ready to create the POs, export the spreadsheet as CSV and import it into ProcurementExpress.com. Navigate to the ‘Purchase Orders’ -> ‘Approved’ listing screen and tick the ‘Hide Paid POs’ box. Marked 1 on the screenshot below.)

Purchase orders 52

Purchase orders Purchasing Export Spend management 52

Spend Matters

MAY 22, 2024

Fundamentally, it remains conservative, concerned mostly with purchase orders, invoices and control. How many purchase orders have there been over the year? One scenario is to use a data lake and export from there into a visual representation. Similarly for contract management: ‘When is the contract expiring? But that is not AI.

Procurement 111

Procurement Data supply chain software solutions Contract 111

Procurement Express

OCTOBER 6, 2022

The supplier import template was not the same as the supplier export. Require approval after Purchase Order edit with manual flow setup ignored auto-self-approval. The “Edit after approval” feature was not working for the finance role. The ‘Approve’ button didn’t appear on PO Screen after Edit.

Export 52

Export Purchase orders Budget Import 52

Supply Chain Game Changer

AUGUST 13, 2020

Though we live in a very ‘global’ world, the fact is that many professional purchasers already buy incredibly local. Exports of goods and services add up to 29% of world GDP, but even that figure comes down to about 20% if we adjust for output that crosses borders more than once. Have we really gone Global, yet?

Agile and Lean Supply Chain 121

Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 121

SCMDOJO

NOVEMBER 17, 2023

Whether it’s purchasing, procurement, transport, technology, facilities, or other specialized areas, understanding your passion will influence the subsequent steps in this rewarding career path. Click here to access the course: How to Start a Career in Supply Chain Management?

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 98

Supply Chain Opz

JANUARY 25, 2016

A company may start small by trying to find overseas suppliers in order to reduce purchasing costs. This article will show you international business book to help you expand business globally. Background There are so many reasons why people would like to go overseas.

Distribution channels 65

Distribution channels Raw materials Export Contract 65