Sun.May 28, 2023

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6 Reasons to Automate Your Quote Request Process

ProcurePort

In today’s fast-paced business environment, efficiency is key. One area where organizations can significantly improve efficiency is the quote request process. Traditionally, this process has been manual, time-consuming, and prone to errors. However, with the advent of technology, businesses now have the opportunity to automate their quote request process.

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Finland Abundant with Clean Energy

Procurement Bulletin

Finland Abundant with Clean Energy With the war in Ukraine affecting energy prices in Europe in recent times and many countries in Europe worried about an energy crisis and whether they could pay for heating and cooling, Finland has had a completely different experience: an abundance of clean energy. In fact, Finland had such an abundance of clean energy this past week, it caused clean energy prices into the negative (for just a short moment).

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[Pod] Exploring the Potential for Applying AI in Procurement w/ Florin Tufan

Art of Procurement

“The reason you need AI is because you never know what you don’t know. Procurement has to be able to. The post [Pod] Exploring the Potential for Applying AI in Procurement w/ Florin Tufan appeared first on Art of Procurement.

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341: Maximize Container Efficiency, with Trakking

Let's Talk Supply Chain

Today I’m joined by Trakking , an innovative software brand that is on a mission to drive efficiency and reduce costs to increase the number of containers operating effectively across Canadian Ports. Trakking is a digital platform for sourcing, managing, and returning empty shipping line containers. Inspired by their passion for community and dedication to the environment, the platform replaces outdated shipping processes and increases the reliability and predictability of empty containers, ulti

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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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Maximizing Procurement Team Performance with the Belbin Team Role Theory

The Good Spending

Building a High-Performing Procurement Team While efficient sourcing, negotiation, and supplier management are crucial for organizational success, the strength of the procurement team is equally important. Building a high-performing procurement team requires a deep understanding of team dynamics and the role mix to create a balanced professional and emotional skillset.