Thu.May 12, 2022

article thumbnail

7 Contract Management Functions You Can Automate Today and Secure Peace of Mind

ProcurePort

• Managing agreements is a critical part of any procurement process. In a normal procurement process, buyers, usually organizations or institutions, send their purchase requests to suppliers to inquire about product availability, pricing, and delivery. • So, a significant part of any procurement function is to make and deliver on agreed-upon commitments through formally signed […].

article thumbnail

U.S., EU Plan to Pledge Supply Chain Cooperation to Counter Russia

Supply Chain Brain

The U.S. and European Union plan to keep addressing supply chain and other disruptions as they project a unified front against Russia when high-level officials meet starting Sunday to discuss cooperation on trade and technology issues in Paris.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Procurement vs Purchasing: What’s the Difference?

Procurify

Written by: Delaney Rombough. Many people use the terms procurement and purchasing interchangeably. But despite their similarities, they do have different meanings. One focuses on transactional functions, for example, while the other focuses on the strategic process of product sourcing. In this guide, we clarify any confusion on the difference between procurement and purchasing, and deep dive into each area.

article thumbnail

From Disorderly Data to Supply Chain Insights: A Five-Step Plan

Supply Chain Brain

In recent years, companies have heavily invested in tools to collect and create new data sets. Yet they continue to face challenges in translating that data into valuable business insights that lead to supply chain improvements.

Data 115
article thumbnail

Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

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.

article thumbnail

Infographic: 8 Supply Chain Mistakes Companies Make

The Network Effect

The post Infographic: 8 Supply Chain Mistakes Companies Make appeared first on The Network Effect.

article thumbnail

Port Automation Is Hot-Button Issue in West Coast Labor Talks

Supply Chain Brain

While all parties have expressed confidence that an agreement will be reached between dockworkers and employers without disruption, they conceded there will be “difficult” issues. Among these are certain to be the wrangle over automation.

115
115

More Trending

article thumbnail

Watch: AGVs: Are They Right for Your Warehouse?

Supply Chain Brain

Nicola Tomatis, chief executive officer of BlueBotics, discusses interoperability of AGVs and things to consider before investing in automated vehicles.

98
article thumbnail

4 smart supply chain strategies for manufacturers

Strategic Sourceror

With manufacturers responsible for approximately 11% of the United States' gross domestic product and employing nearly 8% of the nation's workforce, many of the supply chain problems the country is encountering have fallen squarely on the industry's broad shoulders. Expansive though they may be, manufacturers are feeling the pressure. Indeed, of all the challenges they've encountered — from retention troubles to high operating costs — nearly 90% say the supply chain is their single largest strug

article thumbnail

Biden Under Fire for FDA’s Delay in Fixing Baby Formula Shortage

Supply Chain Brain

The White House raced Thursday to show it’s trying to ease a national baby formula shortage, as Republicans showered criticism on President Biden for a crisis that has left frantic parents scouring store shelves to feed their children.

97