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Environmental, social and governance (ESG) initiatives are rapidly becoming boardroom priorities and companies are increasingly investing in these initiatives to achieve a competitive advantage in the marketplace. Likewise, customers and employees are increasingly demanding that companies are environmentally conscious. More and more companies are adopting a low-carbon footprint and sustainable approach to procurement, and for good reason.
• Project management refers to the process of applying managerial practices, skills, and knowledge to manage a project from beginning to end. Project managers work with a team of players or personnel to meet project goals. • Project managers further establish project deliverables: deliverables refer to ‘what needs to be accomplished at every stage of […].
Raw material availability is a cornerstone of the U.S. industrial sector, and clearly vital to its growth, and s teel continues to be a top product sourced by buyers. But even with the high demand and longevity in the industry, there are still challenges with running a business — whether it's maintaining relationships, building new ones, or generally trying to build a company that's going to last.
Although momentum is building to automate and digitize freight processes, the logistics industry’s transition to digital tools and automation has lagged behind other sectors.
“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.
Creating Value from IT Spend - and Protecting Its Worth. By Hugo Britt | July 26, 2022. As a rule, the business case for investing in IT is well-understood. Technology is essential for spurring growth, creating efficiencies, harnessing innovation, and staying competitive in the digital era. But without a watchful eye on IT spend, ROI can be rapidly eroded by avoidable costs caused by issues such as shadow IT or auto-renewing contracts.
Now is the time to embrace strategies that set healthcare facilities up for success, regardless of whether there’s a surplus or shortage of crucial medical supplies.
Listen in Apple Podcasts Listen in Spotify Listen in Google Podcasts Episode show notes “The single biggest barrier to entry for getting young people into procurement is a lack of knowledge of what it even is.” Young professionals entering today’s procurement world will be leading our industry into an age … Continued. The post The Current State of Procurement for Future Leaders with Tesco’s Josh Banks, England Rugby’s Sophie Morton & Wellcome Trust’s Olivia Donovan – E
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Listen in Apple Podcasts Listen in Spotify Listen in Google Podcasts Episode show notes “The single biggest barrier to entry for getting young people into procurement is a lack of knowledge of what it even is.” Young professionals entering today’s procurement world will be leading our industry into an age … Continued. The post The Current State of Procurement for Future Leaders with Tesco’s Josh Banks, England Rugby’s Sophie Morton & Wellcome Trust’s Olivia Donovan – E
Undeterred by the slowing global economy, buyers of key components in the powering of electric vehicles are stepping up efforts to lock in supplies, with two of the world’s biggest automakers signing direct deals with producers of so-called battery metals.
With businesses looking to expand near-shoring and on-shoring capabilities, many are increasingly taking advantage of the ability of a Foreign-Trade Zone (FTZ) to deliver significant benefits.
According to a Harvard Business Review article, The New M&A Playbook, multiple studies put the failure rate for mergers and. The post Can procurement improve the M&A success rate? appeared first on Art of Procurement.
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
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