Supply meets demand: New sourcing automation solution targets ocean freight procurement

Manufacturing & Logistics IT

Global provider of Intelligent Sourcing Automation, Keelvar, has launched its new AI-powered ocean freight sourcing automation solution

Overcoming Procurement delays

Prophetic Technology

procurement supply chain sustainable procurement diversificationWhy manufacturers and developers in numerous industries are making buying decisions ahead of time?

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The Unintended Consequences of Inconsistent Freight Procurement

Talking Logistics

Read more The Unintended Consequences of Inconsistent Freight Procurement. The post The Unintended Consequences of Inconsistent Freight Procurement appeared first on Talking Logistics with Adrian Gonzalez. Episode Highlights Transportation Management Emerge freight procurement

Procurement in a high inflation environment?

Procurement Academy

During the 1970’s oil crisis and the rampant inflation that followed, skilled procurement professionals were in demand more than ever before. Typically, procurement is expected to deliver year-on-year savings. But when inflation pushes costs up, life gets tough for procurement teams.

A 5-Point Strategy for Digital Procurement Transformation

Today, your entire supply chain must embrace change and accelerate digitalization. When it comes to procurement, focusing on digital transformation now can dramatically reduce costs, improve visibility and insight, and give you a significant competitive advantage.

Procurement in a high inflation environment?

Procurement Academy

During the 1970’s oil crisis and the rampant inflation that followed, skilled procurement professionals were in demand more than ever before. Typically, procurement is expected to deliver year-on-year savings. But when inflation pushes costs up, life gets tough for procurement teams.

Using an Automated Procurement System at Your Business!

Supply Chain Game Changer

The Reality of Automation in Procurement! All of these are the challenges of working in procurement, necessitating an automated procurement system. But procurement is one of the most integral parts of running an operation. Understanding The Procurement Process.

[Video] The Unintended Consequences of Inconsistent Freight Procurement

Talking Logistics

Why is consistency important, Read more [Video] The Unintended Consequences of Inconsistent Freight Procurement. The post [Video] The Unintended Consequences of Inconsistent Freight Procurement appeared first on Talking Logistics with Adrian Gonzalez.

Sustainability in Procurement: Strategies and Challenges

ivalua

Sustainable and socially responsible procurement practices that cover the full spectrum can provide end-to-end visibility that facilitates monitoring and compliance, and delivers continuous value to the business. For Heads of Procurement, CSR is now a major consideration.

Why organizations must think laterally to fill procurement skills pipelines

Skill Dynamics

In today’s competitive talent landscape, organizations struggle to attract the procurement talent they need. Recruiting a seasoned procurement professional can take eight months to two years. Get your procurement function ready. Create a procurement function with ‘pull’.

The Digital Levers You Need to Achieve Sustainable Cost Reduction

For supply chain and procurement pros, cost reduction is is a top priority today. This timely new paper from GEP explores powerful and effective digital levers that can help you to slash costs and create more value for the business. Read it now.

Why organizations must think laterally to fill procurement skills pipelines

Skill Dynamics

In today’s competitive talent landscape, organizations across sectors struggle to attract the procurement talent they need. According to CIPS Salary Guide , UK procurement salaries grew 4.9% Get your procurement function ready. Create a procurement function with ‘pull’.

PROCUREMENT TRENDS 2021

Eyvo

What awaits the procurement industry in 2021? It goes without saying that procurement will have a different and more refined approach in the coming year. While countries are slightly opening their doors, it is crucial that procurement makes changes that prepare them for what is coming.

SCOPE SUMMIT Procurement and Supply Chain Virtual

ivalua

The post SCOPE SUMMIT Procurement and Supply Chain Virtual appeared first on Ivalua

Optimizing Direct Procurement and the Inbound Supply Chain

The Network Effect

The post Optimizing Direct Procurement and the Inbound Supply Chain appeared first on The Network Effect. Inbound Supply Supply Chain Management inbound logistics inbound supply procurement

8 Reasons Why Your Supply Chain Needs a Low-Code/No-Code Digital Platform

Low-code/no-code is a powerful innovation in software development that’s already redefining what’s possible with digital supply chain and procurement platforms. Read this whitepaper from TechTarget and GEP to see how it can benefit your enterprise.

How supply chain and procurement teams can manage suppliers effectively

Skill Dynamics

Managing strategic suppliers effectively is essential for procurement and supply chain teams to improve processes and drive competitive advantage for their organization. Indirect procurement) Which suppliers are best at delivering what you need today?

Know Your Supply Chain KPIs – Procurement

Logistics Bureau

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. 7 Procurement KPIs You Should be Using. Other Supply Chain KPIs Procurement Teams Should Track.

Procurement in a high inflation environment

Skill Dynamics

During the 1970’s oil crisis and the rampant inflation that followed, skilled procurement professionals were in demand more than ever before. Typically, procurement is expected to deliver year-on-year savings. But when inflation pushes costs up, life gets tough for procurement teams.

Global Brewer Taps Chainalytics to Optimise Transport Logistics Procurement

CHAINalytics

Because of stellar international growth, one of the world’s largest brewers was working with a complex and costly procurement process that begged for serious efficiency improvements.

Is Digital Procurement Transformation Delivering on the Promise?

Is your digital transformation working, or is it still a work in progress? Download this report, from a GEP-sponsored survey from ISM, to check your performance and see how your peers are reaching their transformation goals.

Ethics in Procurement: What are you doing to keep procurement ethical?

Skill Dynamics

Ethics play a major role in procurement and with the increasing use of technology and consumer behavior changes, it’s something to take seriously as an organization. Throughout the process, procurement professionals need to ensure they’re treating them in a fair and unbiased manner.

Understanding the Impact of Good Financial Management for Procurement

Procurement Academy

The key to successful procurement operations is having superb financial management. Indeed, spending is the primary action in procurement, and a misalignment in your finances can easily impact your procurement plans and disrupt your access to the supply chain.

Transportation Procurement: Finding an Alternative

Talking Logistics

Many companies are getting ready for (or perhaps have already completed) their annual transportation procurement engagement. But has the time come to transform the transportation procurement process? Read more Transportation Procurement: Finding an Alternative.

The Basics of the Procurement Management

Precoro

However, growing organizations that face increasing complexity recognize the value of thoughtfully-planned and managed procurement. It pays off to develop a procurement strategy, hire a team of professionals, and acquire necessary technologies early on. Automate procurement processes.

GEP Outlook 2022

The GEP Outlook 2022 report explores global business trends and features seven critical leadership themes that will help you proactively prepare for and power through the challenges ahead.

Two Types of Procurement: Project Based and Operational!

Supply Chain Game Changer

Featuring Our 12 Best Procurement Articles! Procurement operations are the backbone of every company’s supply chain. Fundamental to procurement is the acquisition of goods and services from a party that’s further up the supply chain. Project-Based Procurement.

Procurement Analysis: a Game Changer for Purchasing Strategically

Precoro

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them.

Managing Supply Chain Disruptions: U.S., U.K. Manufacturers Accelerate Procurement

ivalua

Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supply chain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. Manufacturers Accelerate Procurement appeared first on Ivalua

A Quick Guide to Roles in Procurement

Logistics Bureau

For small companies, it is usually enough to have one person dealing with procurement but in large enterprises teams of people are needed, all with specific roles to play. The Finance Manager , on the other hand, controls the financial input and output of the procurement division.

Gain a Competitive Edge: The Importance of a Supplier Diversity Program

Speaker: Rod Robinson, SVP of the Supplier Diversity Practice, Insight Sourcing Group

In this exclusive webinar, Rod Robinson, SVP of the Supplier Diversity Practice Lead & Center of Excellence at Insight Sourcing Group, dives into the key benefits corporations are seeing emerge from their supplier diversity programs, and how you can gain unique competitive advantages with a supplier diversity program of your own.

Top 10 Challenges in IT Procurement!

Supply Chain Game Changer

Featuring Our 12 Best Procurement Articles! Procurement is a process that involves obtaining and accepting terms and getting goods or services from an outside source. In other words, procurement is deciding to buy under conditions of less availability. Subscribe Here!

What are you doing to keep procurement ethical?

Procurement Academy

Ethics play a major role in procurement and with increasing use of technology and consumer behavior changes, it’s something to take seriously as an organization. Throughout the process, procurement professionals need to ensure they’re treating them in fair and unbiased manner.

New research coming soon: ‘Breaking the skill-loss cycle in supply chain and procurement’?

Skill Dynamics

Our latest research on ‘Breaking the skill-loss cycle in supply chain and procurement’ looks at the complexities of the supply chain and procurement (SC&P) functions and the increasing difficulty for professionals to keep up with the latest changes and technology.

What’s the Difference Between Direct vs Indirect Procurement?

ivalua

What does Procurement mean? However, this is somewhat of an oversimplification of what the modern, best in class procurement organizations do for the larger business or organization. Procurement can and should be a significant value generator for the larger organization.

The Five Worst Practices in Procurement

The GEP white paper lists 5 common mistakes that impede the success of procurement professionals. Learn from industry veteran Bill Huber about the wrong and right ways to approach a procurement mandate and why just saving money isn’t enough. Download this report now to learn how to avoid the worst procurement practices.

Top Apple Procurement Executive Departing After Allegations of Inappropriate Remarks

Supply Chain Matters

Bloomberg, citing informed sources, reported today that Apple’s senior most procurement executive is leaving the company after a viral TikTok video provided an off-color statement in an attempt of humor.

Event Review: Procurement & Supply Chain LIVE

All Things Supply Chain

On 27th-28th April 2022 I had the opportunity to attend Procurement & Supply Chain LIVE, an event hosted by BizClick Media Group.

5 Procurement Trends to Prepare For

TRADOGRAM - Gabriel Swain

Technological progress and generational shifts are causing major transformations in procurement. Learn five procurement trends to watch for

Trends 170

Why Supply Chain Managers & Procurement Should Collaborate

GlobalTranz

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. However, both logistics and procurement often become isolated in modern companies, resulting in inefficient practices and a sluggish production value. So, why do supply chain managers not take advantage of this data with respect to procurement?

Procurement: 5 Tips to Deliver Value Beyond Savings

Now is the time for procurement teams to redefine themselves – from buyers to strategic partners across the supply chain. Take the first step today. Discover five tips for delivering procurement value beyond savings.