Procurement Tactics

AUGUST 9, 2022

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. Selecting a Vendor — The Ultimate Guide of 2022. Selecting a vendor is not an easy task for each organization. It requires a lot of factors before choosing a potential supplier. In the field of procurement, the procurement department of each organization has its own way of selecting a vendor. .

Vendor relationships 130

Vendor relationships Quality Price Bidding 130

ProcurePort

AUGUST 9, 2022

• The step of the procurement process is the sum of the activities an organization takes to ensure goods and services necessary for operation are available on time and in the right quantity and other specifications. • Procurement affects the supply chain, quality of final goods, prices, and profitability of a company. Therefore, in many […]. The post You Didn’t Know These 7 Steps of an Effective Procurement Process appeared first on ProcurePort Blog.

Procurement 130

Procurement Quantity Quality Price 130

Supply Chain Brain

AUGUST 9, 2022

Maintaining your organization’s dependence on collecting, tracking and sharing supply chain data with Excel is perhaps the biggest threat to agility, resilience, visibility and profitability.

Agile and Lean Supply Chain 131

Agile and Lean Supply Chain Supply chain Management Supply 131

ivalua

AUGUST 9, 2022

LTI is a global technology consulting and digital solutions Company helping more than 495 clients succeed in a converging world. With operations in 33 countries, we go the extra mile for our clients and accelerate their digital transformation journeys. Founded in 1997 as a subsidiary of Larsen & Toubro Limited, our unique heritage gives us unrivalled real-world expertise to solve the most complex challenges of enterprises across all industries.

100

100

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.

Sustainability

Supply Chain Brain

AUGUST 9, 2022

The world’s biggest container lines are on course to post profits in 2022 that will top last year’s record by 73%, according to a new forecast, buoyed by logistics and labor strains that are squeezing capacity amid sustained U.S. demand for imports.

Sustainability 119

Sustainability Logistics Demand Import 119

Una

AUGUST 9, 2022

How to Use Group Purchasing as a Cost Reduction Strategy. By Mackenzie Oakley | August 9, 2022. At the height of the COVID-19 pandemic, 49% of companies were considering layoffs, while over 33% had frozen new hires as a way to implement some sort of cost reduction strategy in the middle of a global crisis. As a result, unemployment reached a record 14.8% in April 2020.

Purchasing 96

Purchasing Strategy supply chain budgeting Procurement team 96

Supply Chain Dive

AUGUST 9, 2022

Eight facilities already have Berkshire Grey technology, but FedEx is eyeing greater expansion.

127

127

Supply Chain Brain

AUGUST 9, 2022

Apple has reportedly asked Taiwan-based suppliers to label their products as being produced in China, in an effort to avoid disruption from strict Chinese customs inspections resulting from the visit of the U.S. House speaker, Nancy Pelosi, to Taipei.

Suppliers 90

Suppliers 90

Supply Chain Dive

AUGUST 9, 2022

The baby formula shortage should have been reason enough to advance policy. Unfortunately, it wasn’t, writes Tom Madrecki of the Consumer Brands Association.

Supply chain 88

Supply chain Supply 88

Supply Chain Brain

AUGUST 9, 2022

Supply chain planners will continue to face turbulence and disruptions, but S&OP is evolving to meet the challenges, says Micheal Youssef, vice president team manager at Gartner.

Supply chain 83

Supply chain Management Supply 83

Advertiser: GEP

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

Supply Chain Efficiency

Supply Chain Dive

AUGUST 9, 2022

The deal comes with new talent and technology aimed at vendor management, seamless shopping and anticipating demand.

Vendor management 100

Vendor management Demand Management 100

Supply Chain Brain

AUGUST 9, 2022

Consumers are switching from pricey cuts of beef to less expensive chicken and other meats.

Price 83

Price 83

Supply Chain Dive

AUGUST 9, 2022

Jim Van Ingen will lead the company's manufacturing, procurement and distribution teams to reduce costs.

supply chain budgeting 99

supply chain budgeting Supply chain Supply Procurement 99

Art of Procurement

AUGUST 9, 2022

“Digital products become a bedrock of all the processes and the transformation that is taking place in the organization.” –Sanjeev. The post [Pod] Designing an End-to-End Ecosystem Approach to Procurement Part 2: Category Management appeared first on Art of Procurement.

Category management 59

Category management Procurement Management Contract 59

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

Logistics

Supply Chain Dive

AUGUST 9, 2022

Executives are targeting up to $100M in savings, though the initial transition will incur millions of dollars in costs.

92

92

Spend Matters

AUGUST 9, 2022

Categories: Analytics , Procurement Strategy & Planning , Sourcing , Spend Management , Sponsored Article , Tail Spend Tags: Sponsored Article In today’s private equity (PE) environment, fund count has fallen precipitously relative to 2021, when deal flow was at a record-breaking high. For context: Blackstone Group, the largest private equity firm, posted a $29.4 million loss in Q2 2022.

Spend management 64

Spend management Management Procurement strategies Price 64

EazyStock

AUGUST 9, 2022

The importance of distribution software. When the cost of raw materials and finished goods starts to soar, it’s critical for wholesalers and distributors to control their operational costs to remain competitive and achieve decent profit margins. This is where supply chain digitalization projects can help to automate simple processes, improve efficiency and save money.

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization Inventory Supply Chain Efficiency 52

Planergy

AUGUST 9, 2022

Clients and results. More Customers. We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with PLANERGY. Cristian Maradiaga. King Ocean. Book a Live Demo. Download a free copy of "Preparing Your AP Department For The Future", to learn: How to transition from paper and excel to eInvoicing.

Inventory 52

Inventory Order Fulfillment Purchasing Suppliers 52

Advertiser: GEP

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.

Sourcing