ProcurePort

OCTOBER 20, 2023

• Opting for procurement services offers cost savings through improved negotiations, volume discounts, and strategic sourcing, along with significant time efficiency gains and streamlined processes. • Procurement services provide benefits such as improved supplier relationships, risk management, scalability, access to market intelligence, sustainability practices, and continual process improvement, allowing businesses to focus on their core […] The post Advantages of Opting for Procurement

Procurement 130

Procurement Strategic sourcing Strategic sourcing Risk management 130

Positive Purchasing

OCTOBER 20, 2023

Putting Sustainable Procurement in the Spotlight Our CEO, Jonathan O’Brien, will be delivering a keynote speech on the topic of ‘Making Sustainable Procurement Happen’ at the Supply Chain Summit by SILF on 9 November in Stockholm, Sweden. The need to drive sustainability deep into everything an organization is and does is no longer in question, in fact our very future depends upon it.

Supply chain 109

Supply chain Sustainability Supply Procurement 109

Supply Chain Dive

OCTOBER 20, 2023

Supply is constrained going into the holiday baking season due to lower production and increased summer demand for ice cream and other products.

Price 120

Price Demand Supply 120

SCMR (Supply Chain Management Review)

OCTOBER 20, 2023

The supply chain predicaments that companies are still reeling from were not caused by the use of methodologies such as lean or just-in-time, but rather likely due to the abuse of these methodologies, compounded by the seemingly carefree attitude to outsource work.

Agile and Lean Supply Chain 86

Agile and Lean Supply Chain Supply chain Supply 86

Advertiser: GEP

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.

Supply chain

Supply Chain Dive

OCTOBER 20, 2023

The drug store retailer is trying to keep its relationships with suppliers intact, including with drugmaker McKesson, which had threatened to stop shipping products.

Suppliers 94

Suppliers 94

Finale Inventory

OCTOBER 20, 2023

Looking for a hack to streamline operations between you and your suppliers? Get excited for Vendor Feeds in Finale. What can vendor feeds do for you? How will it improve your business’s inventory management? Let’s explore further… Vendor Feeds 101: The Lowdown Vendor Feeds serve as a data bridge between vendors and sellers, enabling suppliers to seamlessly push their stock levels to Finale Inventory users, who can then automatically push these levels to various selling platforms.

Inventory 59

Inventory Suppliers Demand Supply Chain Optimization 59

Supply Chain Brain

OCTOBER 20, 2023

The tool allows suppliers to upload their files to the Akeneo PIM platform or fill out a template that can be downloaded, filled out and re-uploaded to the PIM platform.

Suppliers 59

Suppliers Data Management 59

Supply Chain Dive

OCTOBER 20, 2023

Stephen Brinkley, a veteran of SportChek, Target and Circuit City, was appointed to the newly created position.

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The Network Effect

OCTOBER 20, 2023

How to achieve patient-centric supply chains in the pharmaceutical industry that are more responsive and resilient.

Supply chain 69

Supply chain Supply 69

Positive Purchasing

OCTOBER 20, 2023

It’s events season here at Positive Purchasing and we’ve had a busy September travelling around Europe, attending leading procurement events. The team have been in Spain, Sweden and Italy! Read more below! IFPSM WORLD SUMMIT We kickstarted our events ‘tour’ with the IFPSM World Summit 2023 ! Held in the truly stunning, Florentine Renaissance Palaces in Florence, the event featured over thirty outstanding speakers from different industrial realities, talking about the key

Category management 52

Category management Sustainability Purchasing Procurement 52

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.

Sustainability

Supply Chain Brain

OCTOBER 20, 2023

Under the rule, which will be enforced starting December 1, exporters will have to apply for permits to ship two different types of graphite.

Export 59

Export 59

CPO Rising

OCTOBER 20, 2023

Fridays (in 2023) means that it’s time for another CPO Rising Listicle. Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help procurement teams improve operations. We’ll also include a summary graphic for you to share with your team.

Procurement team 52

Procurement team Strategy Procurement Chief Procurement Officer 52

Supply Chain Brain

OCTOBER 20, 2023

Most operations at the Malaysian refinery will be shuttered for the next two months while Lynas gets ready to ramp up its downstream operations.

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Fraxion

OCTOBER 20, 2023

The difference between purchase orders and purchase requisitions Purchasing plays a critical role within organizations as it provides companies with the goods and services that keep operations running smoothly. Developing and implementing efficient purchasing processes is necessary to ensure that employees can operate effectively while complying with company policies and budgets.

Purchase orders 40

Purchase orders Purchasing Budget 40

Advertiser: GEP

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.

Procurement

IBM Supply Chain Blog

OCTOBER 20, 2023

Artificial intelligence platforms enable individuals to create, evaluate, implement and update machine learning (ML) and deep learning models in a more scalable way. AI platform tools enable knowledge workers to analyze data, formulate predictions and execute tasks with greater speed and precision than they can manually. AI plays a pivotal role as a catalyst in the new era of technological advancement.

Data 77

Data Collaboration Networking Sourcing 77

Procurement Insights

OCTOBER 20, 2023

EDITOR’S NOTE: Right now it is late on a Friday afternoon, and my reduced caffeine intake means that my mind is prone to contemplate ideas and concepts that are not shall we say “mainstream thinking.” Ironically it was late on a Friday afternoon on September 12th, 2014 that I wrote this post on Amazon becoming the new Oracle. At the time, it was as much whimsy as it was reasonable contemplation.

Real-time Visibility 66

Real-time Visibility Buyers Eprocurement Procurement 66