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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 10 Procurement Metrics that Matter in 2021

Unleashed

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

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Sustainable procurement: Everything You Need to Know

Precoro

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

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Growing Challenges in Supplier CSR Monitoring are Being Met with Powerful Digital Solutions

EcoVadis

Supply chains become ever more complex and global, while at the same time the spotlight on transparency and innovation around Corporate Social Responsibility (CSR) is shifting to the supply chain. Supply bases cover 100’s of purchasing categories, each posing a different mix of CSR risks and issues. Depth of criteria.

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The Benefits of Outsourcing MRO Integrated Supply Chain for Food Manufacturers

Synovos

“I don’t think they had the infrastructure to manage MRO themselves,” says James Kimmel, a US-based site operations manager for the global provider of outsourced storeroom management and procurement services. Take the surge in energy prices and inflation since the onset of war in Ukraine, for example.

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Who is Your Best Supplier?

Supply Chain Game Changer

Some procurement professionals can quickly identify their key, or champion, supplier partners. Listed as a top key finding in a 2020 WBR Insights report it was found that, “The top concern for procurement professionals is making buying decisions without the necessary insight” (WBR Insights 2020). Order our EBOOK HERE.

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3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

GlobalTranz

Inventory measurement is critical and it is money after all in that it took a capital expense to procure. Customer Service Levels : When it comes to how a shipper defines the value of a logistics provider or 3PL to the bottom line, there are often several Key Performance Indicators (KPIs) and Logistics Metrics taken into consideration.