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6 Essential Procurement Training Courses for Professionals: How To Begin and Advance Your Career in Procurement

SCMDOJO

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

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The Best Supply Chain Company You Have Never Heard Of

Logistics Viewpoints

Ferguson provides plumbing and heating products to 9 specialist customer groups – over a million customers – in the US and Canada. The company sources goods from 34,000 suppliers out of 30 nations. The company has shown sustained improvement on this metric. 22,000 containers move annually through 53 ports.

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Ford Motor Moves Deeper Into Supply Network Vertical Integration

Supply Chain Matters

based Albemarle providing upwards of 100,000 metric tons of battery grade lithium hydroxide to supply 3 million Ford EV batteries starting in 2026. Volkswagen’s recent announcement of plans to open a battery production facility in Canada to support North America production needs has some elements of such a strategy.

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Is Covid-19 the Death of Global Supply Chains?

Supply Chain Game Changer

Many supply chain, sourcing & procurement teams have been asked to row upstream without a paddle during this time of crisis. Many trusted sources accredit global GDP growth during the last 15–20 years, widely to the spread of globalization. This raises the question…. Is COVID19 the death of Global Supply Chains?

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Big Tech and Auto Battle for the World’s Cobalt Resources

Elementum

million metric tons (or 60% of the world’s supply). million metric tons. However, as standards for sourcing become more strict, these big players may lose business if they fail to provide visibility into their supply chains. The famously idealistic Silicon Valley company has pledged to source all of its cobalt in North America.

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What is Supplier Diversity?

Supply Chain Game Changer

Manage Procurement Spend Like It’s Your Own Business! Specifically in the area of Procurement there has been a history associated with attempts to direct spending toward diversity owned businesses. The general reaction I recall getting from the Procurement community at the time was less than aggressive.

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Green Steel Deal: are carbon tariffs in our future?

Resilinc

And chances are that few in the procurement field have ever given much thought to whether they were sourcing “high-carbon” steel or aluminum. Under the existing EU Emissions Trading Scheme, large European GHG emitters must purchase carbon allowances—the equivalent of a tax—for every metric ton of carbon-dioxide they emit.