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Evaluation Criteria for Professional Services

Procurement Templates

An example of typical evaluation criteria for professional services. Don’t forget this is a generic list and you will need to tailor it to your specific tender and ensure that it links back to the specification 1. Experience and Expertise (20 points) Number of years in business (5 points) Relevant industry experience (5 points) Technical expertise and certifications (5 points) Client portfolio and case studies (5 points) 2.

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East Coast port labor talks spark shipper contingency plans

Supply Chain Dive

While there has not been a "wholesale shift" in volumes to the West Coast, conversations have started, per a Port of Los Angeles media briefing.

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Top Pain Points For Fleets in 2024

All Things Supply Chain

In the bustling world of construction, fleets of vehicles and equipment are the gears that keep projects moving forward.

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World Procurement Congress 2024: We’re only just getting started

Procurement Leaders

And that’s a wrap! An incredible three days of inspiration, collaboration and networking saw the World Procurement Congress 2024 bring together more than 1,000 procurement rockstars in London, culminating in the glamour of the World Procurement Awards. What an experience, what an inspiration, what a community! It’s incredibly difficult to give justice to the sheer level of insight that was shared across the days of this event; the amount of progress that individual procurement executives will ma

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How a Global CPG Leader Optimized $500M of Direct Materials Spend and Exceeded Savings Goal

A Fortune 500 CPG company partnered with GEP to improve end-to-end category management, optimize direct spend categories, and increase strategic focus on tail spend. GEP’s sourcing expertise and market intelligence enabled the company to centralize sourcing and order management processes, strengthen key supplier relationships, and enhance supply chain resilience and agility.

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Four Cybersecurity Moves Every Manufacturer Can Make

Supply Chain Brain

Supply chain attacks have become increasingly sophisticated, and manufacturing stakeholders should prepare for the cyber threats that are most likely to impact their operations.

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A CPO’s first 100 days: What to focus on and how to build a plan of attack

Spend Matters

As a member of senior management, we are expected to hit the ground running and show how we are driving change for the company. CPOs typically report to a C-Level member of the executive team, and being prepared before you arrive is critical. Many of us have our own beliefs for how to measure success, but I would argue that there are some fundamentals involving people, process, data and technology to exceed in our role and achieve company goals.

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Generative AI: Force Multiplier for Autonomous Supply Chain Management

The Network Effect

The post Generative AI: Force Multiplier for Autonomous Supply Chain Management appeared first on The Network Effect.

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Nearshoring on the Rise: Navigating the Shift in EU Sourcing Trends

Supply Chain Brain

A shift to shorter supply chains not only helps manage the unpredictability of costs, but also strengthens supply chain resilience by reducing dependency on distant suppliers.

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Toyota debuts renewable energy system at Port of Long Beach

Supply Chain Dive

The resources generated by the new system will support Toyota Logistics Services’ vehicle-processing and distribution center at the port.

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A practitioner’s view of AI in procurement – Are we there yet?

Spend Matters

Spend Matters is researching the personal viewpoints and the practical application of AI among leaders in the procurement profession. We are welcoming both opinion and real-life use cases from senior procurement and supply practitioners to bring genuine first-hand insights to like-minded procurement professionals. If you would like to join the dialog please reach out to us or submit your points of view or observations here.

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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How to establish lineage transparency for your machine learning initiatives

IBM Supply Chain Blog

Machine learning (ML) has become a critical component of many organizations’ digital transformation strategy. From predicting customer behavior to optimizing business processes, ML algorithms are increasingly being used to make decisions that impact business outcomes. Have you ever wondered how these algorithms arrive at their conclusions? The answer lies in the data used to train these models and how that data is derived.

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Searching for the Limits of Employee Activism at Google

Art of Procurement

Searching for the Limits of Employee Activism at Google Over the last few weeks, we have watched as student protests. The post Searching for the Limits of Employee Activism at Google appeared first on Art of Procurement.

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Port of Baltimore Closure May Cost $37M in Extra Demurrage

Supply Chain Brain

The Port of Baltimore has seen roro and container vessel traffic resume with the opening of a deep-water channel on May 14, allowing access to four alternative channels.

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Kent Outdoors names new supply chain officer

Supply Chain Dive

Dave D’Angelo has experience with product development in the sporting goods industry and will aim to help the company with new opportunities.

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7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.

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Agiloft: Vendor Analysis — Contract lifecycle management solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an update on Agiloft and its contract lifecycle management (CLM) solution. We last covered Agiloft in 2020, and the provider has since continued to build advanced functionalities to appeal to large organizations. Agiloft’s product updates have centered around AI, including recent generative AI releases. Overall, the provider has cemented its position as a best-of-breed provider that can compete against any CLM provider on the basis of solution depth, w

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Enhancing triparty repo transactions with IBM MQ for efficiency, security and scalability

IBM Supply Chain Blog

The exchange of securities between parties is a critical aspect of the financial industry that demands high levels of security and efficiency. Triparty repo dealing systems, central to these exchanges, require seamless and secure communication across different platforms. The Clearing Corporation of India Limited (CCIL) recently recommended (link resides outside ibm.com) IBM® MQ as the messaging software requirement for all its members to manage the triparty repo dealing system.

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Gartner Global Supply Chain Top 25: Solution Providers – Choose Your Clients Wisely!

Procurement Insights

Unfortunately, the word solution is an overused misnomer that usually refers to a particular type of technology. As you read the rest of this post, you will find that eVA and its growing success have very little to do with technology – in this case, Ariba, and more to do with methodology. By the way, here is the link to the eVA site: [link].) As a result, they avoided the trap of eVA becoming a software project, as Bob put it, and were thereby able to shift the emphasis from an exercise in c

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Watch: What's Right — and Wrong — With Robotics

Supply Chain Brain

Bringing technology into a warehouse — especially robotics — is no simple task. Kim Losey, chief growth officer with Rapid Robotics, discusses the right way to introduce innovation.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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Shipping carrier diversification benefits Lulus in Q1

Supply Chain Dive

The fashion brand has added more delivery providers in recent quarters to offset rising shipping costs.

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What is a procurement platform anyway?

Spend Matters

Many procurement solution providers claim to be ‘platform’ providers. What is the difference between an app provider and a platform provider? And does it even matter to procurement or others in general? In this article, prt of which originally published in 2014, our analysts explain why it does. This content is for members only. Visit the site and log in/register to read.

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Traditional Internet Technologies: Uncovering Their Role in Modern Supply Chain Solutions

SCMDOJO

Modern supply chains are more efficient and faster than ever before. However, the emergence of technology boosted brands’ access to customers in the first place, and thus, a need for more efficient supply chain practices. This article reviews how traditional internet technologies have influenced today’s supply chain solutions. The Importance of Modern Supply Chain Solutions As eCommerce becomes a more prevalent part of our business world, modern supply chain solutions have become the norm.

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Episode 166: Cutting Edge Strategies in Tier 1 Retail with Eric Linxwiler

Una

EPISODE 166 Cutting Edge Strategies in Tier 1 Retail with Eric Linxwiler By Kelly Barner | May 22, 2024 Every single day, successful retailers overcome challenges that few other industries will ever have to face. Complex supply chains, uncertain demand, and – increasingly – regulations that not only force them to consider the big picture but also vary by geography.

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

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Watch: A Double Challenge to Warehouses: Not Enough Labor, and a Need for Speed

Supply Chain Brain

Monty McVaugh, head of products with Opex Corporation, tackles two major challenges in the warehouse today: the chronic labor shortage, and demand by customers for ever-faster order fulfillment.

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H-E-B opens 8th e-commerce fulfillment facility

Supply Chain Dive

While some grocers are scaling back on opening e-commerce-focused facilities, the grocer plans to add more of them to its Texas footprint.

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A proactive supply chain risk posture is increasingly necessary — and finally possible

Spend Matters

This content does not express the views or opinions of Spend Matters. There has been a steady stream of supply chain crises in the news this spring, from shipping delays in the Middle East due to regional conflict to the halting of semiconductor production in Taiwan and the upending of imports and exports out of Baltimore. Each unexpected event serves as a reminder to stakeholders across the supply chain that disruption is inevitable — but it doesn’t have to be unpredictable.

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How to Build a Business Case for Contract Management Software

ContractSafe

Your business needs contract management software. The only problem? Not everyone sees the same writing on the wall as you do. The solution? Building a business case stronger than the loudest naysayer’s opinion.

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Supply Chain Orchestration: A New Era in Supply Chain Management

When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.

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The Future of Supplier Auditors in a Digital World

Procurement Freelancers

Now more than ever, the position of sourcing auditors plays a vital role in today’s… The post The Future of Supplier Auditors in a Digital World first appeared on Procurement Blog | Procurement & Supply Chain News.

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Report: As E-Commerce Surges, Merchants Need to Fortify Supply Chains

Supply Chain Brain

Over the last year, 73% or merchants saw impacts to their businesses from international shipping problems such as delays, damaged products or theft.

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South Carolina Ports Authority’s operations pause stretches into Tuesday

Supply Chain Dive

A software issue led to impacts at both marine and inland terminals, according to initial findings reported Sunday.

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Intake and Orchestration in procurement: How do the solution providers define its role? – Focal Point

Spend Matters

Spend Matters chose Intake and Orchestration as its main research theme for this quarter because we believe it is the fastest-growing procurement tech market segment today. If you’d like to understand more about what intake management and orchestration mean for procurement, read our Guide to Intake and Orchestration. As part of our research, we are conducting analyst-led analysis / thought leadership , solution provider deep-dive analyses , webinars and interviews with both the practitioners who

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GEP Procurement & Supply Chain Tech Trends Report

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?