Tue.May 21, 2024

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Evaluation Criteria for Professional Services

Procurement Templates

An example of typical evaluation criteria for professional services. Don’t forget this is a generic list and you will need to tailor it to your specific tender and ensure that it links back to the specification 1. Experience and Expertise (20 points) Number of years in business (5 points) Relevant industry experience (5 points) Technical expertise and certifications (5 points) Client portfolio and case studies (5 points) 2.

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South Carolina Ports Authority’s operations pause stretches into Tuesday

Supply Chain Dive

A software issue led to impacts at both marine and inland terminals, according to initial findings reported Sunday.

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Trending Sources

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What is a procurement platform anyway?

Spend Matters

Many procurement solution providers claim to be ‘platform’ providers. What is the difference between an app provider and a platform provider? And does it even matter to procurement or others in general? In this article, prt of which originally published in 2014, our analysts explain why it does. This content is for members only. Visit the site and log in/register to read.

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French Shipping Giant Expects Slump in Cargo Rates

Supply Chain Brain

With the windfall that came as a result of soaring cargo rates during the COVID-19 pandemic, CMA CGM and others ordered vessels that are now entering service.

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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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A critical mineral inventory glut masks long-term supply constraints

Supply Chain Dive

An International Energy Agency report urges producers to diversify supply chains and up investments to avoid future lithium shortfalls.

Inventory 101
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Watch: What's Right — and Wrong — With Robotics

Supply Chain Brain

Bringing technology into a warehouse — especially robotics — is no simple task. Kim Losey, chief growth officer with Rapid Robotics, discusses the right way to introduce innovation.

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Philippines Seeks Asia Logistics Hub Status, Banking on U.S. Ties

Supply Chain Brain

President Marcos said the Philippines is seeking greater participation in global value chains and increased foreign direct investments to sustain economic growth.

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Careismatic Brands to close Dallas distribution centers, lay off 400 employees

Supply Chain Dive

The closures comes as the scrubs maker fell into bankruptcy after years of citing supply chain woes.

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Do Plastic Pallets Have a Place in 2024?

Supply Chain Brain

By understanding the use cases best suited for each pallet material type, supply chain practitioners can make significant strides in sustainability while ensuring efficiency.

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3 Things to Know About Arkestro’s Exclusive Advisory Council Events

Arkestro

Resources / Blog / 3 Things to Know About Arkestro’s Exclusive Advisory Council Events 3 Things to Know About Arkestro’s Exclusive Advisory Council Events It’s no secret that anyone working in procurement — from CPOs to procurement managers — has their work cut out for them in 2024. According to the Hackett Group’s 2024 Global CPO Survey, procurement teams’ workloads are expected to increase an average of 8% this year.

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

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. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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Finland and U.K. Seek Further Blocks to Russian ‘Shadow’ Tankers

Supply Chain Brain

A $60 a barrel price cap on Russian oil imposed in December 2022 was designed to deprive insurance from a tanker transporting oil at above the price cap.

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Will AI replace Procurement in supplier negotiations?

Procurement Software

Will AI replace procurement professionals in negotiations? It’s one of the fears haunting the corridors of procurement teams right now. But, not so fast. While it certainly is something on the radar and being worked on, there’s some way to go yet, as we’ll explain. Enterprise procurement teams are heavily looking into how AI can assist them.

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What is IT Service Delivery? Definition and Examples

Pipefy

The goal of IT service delivery is to allow organizations to weigh the benefits of IT services against their costs. Businesses generally require a provider to guarantee that it will perform those services to standards specified in service-level agreements (SLAs), whether that provider is the company’s own IT department or an external provider. Providers that fail to meet SLAs usually face penalties such as fines and loss of reputation.

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A measure of scrutiny and a dose of skepticism

Procurement Insights

In the past week, I have introduced three of the top ten providers on my analyst solution map through the Procurement Insights blog. Here are the three of the ten to date: LavenirAI – Analyst Map Inductee: The Four Cornerstones Of Learning In The Digital AI Era Achilles – Analyst Map Inductee 2: A Zero Carbon Footprint Requires A Strong Achilles Mintec – Analyst Map Inductee 3: Making A Case (Study) For Mintec How Did They End Up On My Analyst Map?

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7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

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.

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The People, Process, Technology (PPT) Framework: An Approach to Change Management

Pipefy

Effective change management is a core requirement for modern businesses, especially those undergoing software upgrades and digital transformation. The People, Process, Technology (PPT) framework encapsulates these three principles, each contributing to an effective enterprise. This guide shows how the PPT method can transform an organization by providing strategies for implementing PPT within your organization, along with business use cases.

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U.K. Freight Forwarding Trio Buys Forward Solutions

Supply Chain Brain

The companies established a joint venture holding company, Forward Computers Alliance Limited, to facilitate the acquisition from the Freight Software Group.

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Shooting to score with Scout Advisor’s NLP

IBM Supply Chain Blog

Phrases like “striking the post” and “direct free kick outside the 18” may seem foreign if you’re not a fan of football (for Americans, see: soccer). But for a football scout, it’s the daily lexicon of the job, representing crucial language that helps assess a player’s value to a team. And now, it’s also the language spoken and understood by Scout Advisor—an innovative tool using natural language processing (NLP) and built on the IBM® wa

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Integrating IT Governance: Essential Strategies for Businesses

Pipefy

Information technology (IT) is a standard component of businesses in virtually every sector, largely due to the increasing importance of data analysis. It plays a pivotal role in remaining competitive, but it isn’t enough to simply have the latest applications and equipment. Winning the digital arms race also requires organizations to develop a road map for managing their IT infrastructure, which is where IT governance (ITG) comes into play.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe