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Redwood, CA, 14 November, 2022. Ivalua, a global leader in spend management , today announced that Tchibo, one of the largest coffee roasters in the world, has chosen Ivalua and its partner Capgemini to digitize Source-to-Contract (S2C) for its indirect purchasing of goods and services. Tchibo is one of Germany’s largest international consumer goods and retail companies.
Over the last 36 months, the world of procurement has faced challenges like no other. The COVID-19 pandemic and the geo-political instability in Eastern Europe have resulted in production disruptions and price distortions. There are important lessons to be learnt on resilience that will shape procurement trends in the immediate future. Most surveys of procurement […].
What are the 7 stages of procurement? These are the 7 important steps in the procurement process: Step 0: Defining the need Step 1: Request to purchase Step 2: Pre- sourcing Step 3: Procurement process. Step 4: Evaluation and contract. Step 5: Contract management. Step 6: Invoice approvals and disputes. Step 7: Record Keeping, review requirements – one off or recurring.
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
The Pareto principle states that for many outcomes, roughly 80% of consequences come from 20% of causes. Other names for this principle are the 80/20 rule, the law of the vital few, or the principle of factor sparsity. Quite simply the Pareto rule is to concentrate 80% of your spend time and effort in 20% of your suppliers, or if you are able to be even more efficient aim for 90% of your spend in the top 10 suppliers.
Companies face the daunting task of trying to track every product, which represents a massive technology challenge that only artificial intelligence and machine learning can remedy. .
Climate policy is good economic policy and a strong foundation for durable, resilient, inclusive economic growth. Sharing this PoV on innovation in private sector in food and agriculture LIVE from COP27. Thank you for sharing esteemed panelists herein and looking forward to continued and collective progress Hanneke Faber, President, Unilever Global Nutrition Henri Bruxelles, Chief.
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Climate policy is good economic policy and a strong foundation for durable, resilient, inclusive economic growth. Sharing this PoV on innovation in private sector in food and agriculture LIVE from COP27. Thank you for sharing esteemed panelists herein and looking forward to continued and collective progress Hanneke Faber, President, Unilever Global Nutrition Henri Bruxelles, Chief.
John Rattay, chief revenue officer of Redwood Logistics, explains how an integrated and open ecosystem of freight data can help companies cope with the many challenges of today.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 4 Reasons Nvidia Graphics Cards are Ideal for Gamers! Casino games are a lot of fun, but is it worth it to play games on your smartphone? With the convenience of being able to play anywhere, anytime, it’s no wonder that more and more people are playing casino games on their smartphones.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
RPM said it will use its third-party logistics capabilities primarily to cater to original-equipment-manufacturer suppliers and customers, aggregating data across the vehicle life cycle.
Hou was removed after the discovery that TuSimple employees spent paid hours working on matters for Hydron Inc., a firm with significant operations in China.
Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.
In the world of warehouse labor, employers and employees alike are seeking flexibility of scheduling and job duties, says Mike Bohnett, vice president of partnerships with Instawork.
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