Cerasis

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant. It Would Benefit Both Procurement and Suppliers To Write in a Clear, Friendly, and Organized Manner. Procurement

Procurement 219

Procurement How To Guidelines Security 219

ivalua

APRIL 5, 2019

In my last two articles ( here and here ) I’ve been talking about the need for Procurement to think about how we can move beyond our historical transactional role and embrace approaches to help drive competitive advantage and real value for our organisations.

Procurement 130

Procurement Europe Innovation Security 130

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Check out this list of 25 Procurement and Purchasing questions and answers. And you don’t need to purchase an expensive procurement technology suite to do so.

Procurement 74

Procurement Metrics Comparison Sourcing 74

Cerasis

FEBRUARY 27, 2018

Procurement must never be an afterthought in any enterprise. The answers to these questions lie in understanding a few of the top industrial procurement trends to expect in 2018. Companies Will Seek New Ways to Use Technology in Procurement. As with many other topics affecting industry trends in the transportation, trucking and manufacturing industries, companies are looking for ways to increase the use of technology in procurement, explains Melissa Deleen of LinkedIn.

Procurement 185

Procurement Trends Industrial Industry 185

Supply Chain Game Changer

DECEMBER 13, 2018

What’s the Difference between Procurement and Purchasing? I will focus on Procurement for this article as it is the topic that I am most familiar and it seems even more relevant today as I build ProcurePro Consulting ( www.procurepro.ca). What Procurement dreams are made of!

Procurement 69

Procurement Tools Sustainability Government 69

OneSCM

FEBRUARY 5, 2016

Bundling order-to-cash and procure-to-pay functions not only gives companies a holistic view of their supply chain operations, but also improves decision-making and business growth. For example: how much would more timely document submissions and responses (PO/POACK, ASN, Invoice, etc.)

Procurement 282

Procurement Metrics Supply Chain Quality 282

Supply Chain Game Changer

NOVEMBER 26, 2018

Check out Procurement Report Card: Most Executives Think Procurement Isn’t Strategic Enough! Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management.

Procurement 60

Procurement Guidelines Sweden Government 60

ivalua

JUNE 2, 2016

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read.

Procurement 141

Procurement Brazil Currency United States 141

AFFLINK

JANUARY 20, 2016

You’ve made it clear that strategic procurement is a priority, and they’ve internalized that mandate like their own DNA. So documenting those processes would be a waste of time. If your processes aren’t documented, that knowledge leaves with them. Procurement Healthcare Industr

Procurement 82

Procurement Pharmaceutical Training Sustainability 82

Logistics Bureau

NOVEMBER 14, 2018

If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Ethical Procurement: Some Scenarios to Consider.

Procurement 69

Procurement Pakistan Indonesia Policies 69

NC State SCRC

MARCH 22, 2019

Some of the typical complaints I hear from procurement colleagues are the same ones I heard 20 years ago, and it seems as if nothing has changed. “Procurement doesn’t get any respect! ” Procurement organizations having these problems need to change their perspective, and move towards an influence model where they can come to stakeholders with solid business options, that occur months before the need occurs.

Procurement 52

Procurement Exercises Tools Government 52

Supply Chain View from the Field

MARCH 18, 2015

A recent post by my colleage Kate Vitasek (author of the “Vest Outsourcing” model) in Forbes magazine argues that procurement is taking too aggressive a stance in negotiations with major logistics providers. ” Kate also refers to my new book (written with my colleague Gerard Chick), The Procurement Value Proposition: The Rise of Supply Management , which effectively calls for change in procurement!

Procurement 91

Procurement Global Quality Logistics 91

Supply Chain View from the Field

NOVEMBER 6, 2015

The webinar will also include Howard Richman, a colleague I have known for many years, first at Merck, and now working at Citrix as their Chief Procurement Officer. Also joining us will be Michael O’Leary, Director of Procurement Solutions at IBM. I emphasied to Alex that I had seen a similar trend – that purchasing executives seek to drive procurement value transformation, many find themselves struggling to make progress in these three areas of change.

Analytics 65

Analytics Innovation Procurement Data 65

NC State SCRC

AUGUST 23, 2016

A new post discussed the development of a sustainable procurement standard developed by the International Standards Organization. ISO 20400 , Sustainable procurement – Guidance, has just reached a second draft international standard stage, meaning interested parties can submit feedback via their ISO member on the draft before final publication in 2017. It’s about time that the concept of sustainable procurement has a standard established around it.

Sustainability 43

Sustainability Procurement Guidelines Government 43

NC State SCRC

FEBRUARY 23, 2019

Several stories came out this week, related to KraftHeinz’s share price, its procurement department, and the fate of its parent company, 3G Capital. In its earnings release , Kraft Heinz said it received a subpoena last October related to its “accounting policies, procedures, and internal controls related to its procurement function, including, but not limited to, agreements, side agreements, and changes or modifications to its agreements with its vendors.”.

Policies 40

Policies 3PL Journal Comparison 40

Supply Chain Shaman

SEPTEMBER 23, 2016

With this in mind, in this blog, I make an argument that we, as supply chain leaders, have screwed up direct material procurement. My goal is to have supply chain leaders consider a procurement redesign for 2017. Most of the focus in the last decade was on indirect procurement.

Risk Management 374

Risk Management Procurement Innovation Manufacturing 374

Supply Chain View from the Field

AUGUST 4, 2014

Often this is documented into a supplier scorecards, and over the procure to pay cycle, invoices and payments occur, which are folded into the on-going spend analysis. Procure to Pay Strategic Sourcing Supply chain analytics

Sourcing 71

Sourcing Analytics Procurement Analysis 71

Supply Chain View from the Field

NOVEMBER 16, 2013

I recently completed a study of 25 CPO’s, each providing their view of what procurement will look like in 2025. Procurement has a history that is linked in the core concepts of centralization, volume leveraging, and cost reduction. These early insights dating back to the early roots of procurement evoke a situation that is still not uncommon to what we see today.

Study 60

Study Procurement Pennsylvania Journal 60

NC State SCRC

NOVEMBER 24, 2016

The procurement function (contracting supply chain) typically provides the market & commercial expertise for creating the contract. The Business function is thus deemed to chair a collaborative Contract Management Team of Procurement, HSSE, Key Users, Finance, etc. The findings points to the general best practice that joint ownership of the contract should be assigned to both the business and to procurement.

Procurement 56

Procurement Journal Research Examples 56

Claritum

AUGUST 28, 2018

Claritum Article - Procurement Blog. In the case of procurement, loading the dice refers to taking actions that ensure a particular supplier is either always favoured, selected or is at least short listed. Contents. Introduction. Eliminating or reducing competition.

Procurement 41

Procurement Guidelines Examples Course 41

Cerasis

APRIL 5, 2018

As a shipper, it can be hard to procure full truckloads, and small and mid-sized shippers suffer from an exacerbated version of this problem. Shippers face tightening capacity, higher rates, and demanding consumers, and procuring a full truckload may be the last thing on their minds. In reality, procuring a full truckload as a small or mid-sized shipper comes with unique challenges. What about payment processing and documentation? Full Truckload Procurement

Procurement 184

Procurement 3PL Third Party Logistics Freight 184

AFFLINK

MAY 11, 2017

In much the same way, any business seeking success in the procurement management environment should address the fundamentals first. Procurement management accountability builds from having processes and quality controls that meet or surpass customer expectations.

Benchmarking 73

Benchmarking Procurement Quality Study 73

Supply Chain View from the Field

MARCH 29, 2013

As I’ve continued with my research on the future faces of procurement, a consistent theme that has come up again and again is the need for increased interaction between the legal and procurement groups in organizations. A typical example we found was at a large financial services institution: The difficulty we had was that we had trouble attracting lawyers into a non-legal function (procurement). And the lawyers weren’t interested in becoming procurement people.

Procurement 71

Procurement Groups Sourcing Study 71

NC State SCRC

JANUARY 24, 2017

The relationship between sales and procurement has always been a contentious one. Sales account managers accuse procurement of being purely price focused, and not recognizing the components of value. Procurement executives on the other hand complain that sales account managers are always trying to “work around them”, and to make the commercial sale to engineering, operations, clinicians, or other business stakeholders.

Procurement 40

Procurement Third Party Logistics Chemicals Electronics 40

Supply Chain View from the Field

AUGUST 22, 2013

A recent interview I conducted with a former Chief Procurement Officer who has worked for over 25 years in procurement in various industries captures what I believe is the true opportunity that exists for supply management executives. “The space occupied by procurement is not well understood by the CEO or the CFO in most companies, and in many cases is not well understood by the CPO themselves! Marketing and IT see this to some extent, but not like procurement.

Procurement 65

Procurement Exercises Metrics Supply Chain Execution 65

NC State SCRC

JUNE 29, 2017

Only 5%% of payments are made by procurement cards – and 34% are made by ACH Credits! In our pilot we were able to reduce from 10 days to four hours the time it took to move all of the trade documentation from one customer to the other.

Procurement 52

Procurement United States Course Survey 52

EC Sourcing Group

NOVEMBER 8, 2018

Transformation is a hot topic in procurement today. Here is some perspective gained from conversations with leaders in procurement at the recent Marcus Evans CPO Summit in Las Vegas. Documented savings will support budget requests for needed resources. Document Processes.

Las Vegas 52

Las Vegas Procurement Groups Analytics 52

EC Sourcing Group

OCTOBER 23, 2018

In addition, almost every procurement executive listed adoption and collaboration as important challenges. Transformation can only happen with collaboration and adoption between business units and procurement. Procurement took the lead to find a nimbler solution.

Procurement 52

Procurement Tools Lean Training 52

Supply Chain Movement

MARCH 26, 2015

The procurement manager provides customer service support to DaVita employees for the purchase of products and services used in dialysis facilities and in business offices. Minimum of four (4) years’ related experience in Procurement & Customer Service required.

Saudi Arabia 95

Saudi Arabia Procurement Guidelines Education 95

Supply Chain Matters

MARCH 8, 2019

According to the announcement, when cargo is within two miles of a declared border, the cargo self-declares with documents that are electronically presented to customs officials including a live GPS fix on cargo updated for direction and speed of travel.

Internet of things 130

Internet of things Cargo Supply Chain Washington 130

Supply Chain Matters

JANUARY 4, 2016

According to published reports, initial delivery customer Lufthansa elected to postpone the delivery due to added technical acceptance and documentation needs required from […]. Aerospace Supply Chain Procurement and Sourcing Product Lifecycle Management Airbus A320neo supply chain Airbus supply chain Supply chain Matters blog

Meeting 116

Meeting Report Manufacturing Aerospace 116

EcoVadis

JANUARY 20, 2016

Looking ahead, we see great hope that the momentum will carry us forward: As we move into 2016 we are already starting to see the next steps and trends to put the tools and processes in place to bring Sustainable Procurement into mainstream business. The ISO 20400 standard for sustainable procurement guidance was published for public comment. As for the businesses themselves, 2015 saw progress in visibility and priority of sustainable procurement.

Guidelines 40

Guidelines Report Survey Analysis 40

Jaggaer

OCTOBER 31, 2018

“Alexa… find information about Conversational Platforms in Procurement…”. As this technology bleeds into business applications, it’s only natural to wonder about the implications of conversational platforms in various industries, like procurement. Applications of NLG in Sourcing and Procurement. Below are a few applications where this technology is improving the end-user experience of traditional procurement tools. Procurement Resources

Procurement 40

Procurement Analytics Tools Data 40

EcoVadis

JANUARY 11, 2019

Sustainable Procurement Goals and public procurement were among some of the most important topics discussed by the EcoVadis Scientific Committee at a recent annual meeting. Toward Sustainable Public Procurement. .

Meeting 63

Meeting Policies Sustainability Procurement 63

TMC

JULY 21, 2016

Insights for Procuring a TMS in a Large Company. Having a centralized corporate procurement function already in place is valuable. For example, they understand the importance of lane density, and can procure more cost-effectively by leveraging cargo volumes across the network.

Procurement 68

Procurement Company Exercises Freight 68