Thu.Apr 20, 2023

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What Does a Procurement Manager Do? Job Description and Requirements

SCMDOJO

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck. But what exactly does it entail and what qualifications do you need to thrive in this dynamic role?

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Sustainable Community — Embracing Sustainability

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Community — Embracing Sustainability A sustainable community is one of the aims of integrating sustainability in every business. However, how can you help a community be stable with sustainable procurement? This article will discuss what sustainable procurement and community are.

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Hutchinson Expands its Procurement Digitalization Roadmap with Ivalua

ivalua

Redwood City, CA, 20 April 2023. Ivalua, a global leader in spend management , and its partner Axys Consultants today announced that Hutchinson has selected Ivalua’s eProcurement software to expand the scope of its currently implemented solution and meet its evolving procurement requirements. Hutchinson is a global leader in the design, manufacture, and sale of smart mobility solutions for a variety of markets including automotive, aerospace, defense, rail and industries.

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[Pod] The Power and Danger of Asking Good Questions

Art of Procurement

In the 5th century BC, Socrates was teaching the Athenian people to think for themselves. He taught by asking questions: The post [Pod] The Power and Danger of Asking Good Questions appeared first on Art of Procurement.

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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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David’s Bridal owes $27.5M to vendors as it navigates bankruptcy

Supply Chain Dive

The wedding apparel retailer owes millions to the joint venture that procures the bulk of its merchandise outside North America.

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Industry 5.0: The Future of Unified Manufacturing

Supply Chain Brain

Industry 5.0 is the next stage of the digital, environmental and human transformation of global manufacturing.

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Build trust in banking with data lineage

IBM Supply Chain Blog

Trust is the cornerstone on which the banking industry is built. When consumers lose trust in a bank’s ability to manage risk, the system stops working. We’ve seen what follows—financial crises, bailouts, destruction of capital, and losses of jobs. Put simply, consumers trust banks to keep their money safe and return the money when requested.

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An unglamorous solution to fashion’s sustainability problem: make less stuff

Supply Chain Dive

Industry players are shifting to new strategies amid corporate responsibility pushes and efforts to stop the destruction of unsold goods.

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Process Excellence: A transformational lever to extreme automation

IBM Supply Chain Blog

What do a Canadian energy company, a Dutch coffee retailer and a British multinational consumer packaged goods (CPG) company have in common right now? All are transforming their procurement operations by leveraging state-of-the-art process mining and intelligent automation technology. Why process excellence matters A mid-size organization will spend the equivalent of several billion U.S. dollars annually in direct or indirect procurement.

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4 reasons to attend the 2023 Midwestern Regional Signature Event co-hosted by Spend Matters

Spend Matters

Categories: Conferences , Sponsored Article Tags: sponsored post As a procurement expert, staying on top of the latest trends and best practices is critical for success. One of the most effective ways to do this is by attending industry events. The 2023 Midwestern Regional Signature Event, co-hosted by Spend Matters, is a prime example of such an event.

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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

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.

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Lawmakers scrutinize potential loopholes in forced labor law

Supply Chain Dive

Congressional members want more information on enforcement following reports that shippers are skirting the Uyghur Forced Labor Prevention Act.

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Cyberint Launches Supply Chain Intelligence Module to Combat Third-Party Security Risks

Supply Chain Brain

Cyberint's new supply chain intelligence module identifies third parties, assesses the security risks they could present, and sends alerts to users warning them of potential risks.

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CSDDD – How will it impact your organization?

SupplyShift

Preparing for Compliance: How Will CSDDD Impact Your Organization? The European Directive on Corporate Sustainability Due Diligence (CSDDD) was published on February 23, 2022. This legislation proposes extensive new human rights and environmental due diligence requirements for over 13,000 European and 4,000 non-European companies that provide products or services in the European Union (EU).

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[Pod] Procurement 6 – April 21st, 2023

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post [Pod] Procurement 6 – April 21st, 2023 appeared first on Art of Procurement.

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

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CSDDD and CSRD – What’s the difference?

SupplyShift

What is the difference between the CSDDD and CSRD, and how should you focus your efforts? The EU’s recent Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD) are closely linked, with both pieces of legislation working together to reinforce each other. You can find background on CSRD in this SupplyShift blog post.

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Watch: Stopping Dangerous Foreign Technology From Entering the U.S.

Supply Chain Brain

Laura Fraedrich, senior counsel at Lowenstein Sandler LLP, discusses the prospects for passage of the Risk Information and Communications Technology (RESTRICT) Act, currently before Congress.

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What is PunchOut?

Fraxion

As businesses and operating models grow and evolve, managing purchasing processes can become increasingly complex. How can you gain oversight and control over purchasing processes and spending, while managing the vendors your team purchases from? One solution to simplifying this process is to implement an eProcurement system that enables PunchOut catalog integration.

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$200bn of funding needed each year by 2030 to combat biodiversity loss

Value Match

Categories Best Practice Guides Bid Management Business Case Study Circular Economy Community Story Contract for Change Cyber Security Environment and Climate Equality and Inclusion Government Buying Standards House of Commons Committee of Public Accounts Human Rights and Modern Slavery Legislation National Audit Office Reports News Procurement Best Practice Procurement Policy Notes Procurement Strategy Public Sector Library Public Sector Policy Resourcing Responsible Organisational Management S

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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

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Tanker Company Moving Russian Oil Loses Insurance Over G-7 Cap

Supply Chain Brain

The P&I insurance that Gatik lost is important for vessels when they enter ports or sail through key waterways like Turkey’s ardanelles shipping straits.

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Make your R&D procurement more efficient with one powerful solution

Jaggaer

The post Make your R&D procurement more efficient with one powerful solution appeared first on JAGGAER.

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West Coast Dockworkers Reach Tentative Deal on Port Automation

Supply Chain Brain

A broader deal may still be far off, but any movement will ease shipper concerns that the talks aren’t going anywhere after nearly a year of negotiations.

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Manufacturing Business Technology: How Predictive Procurement Affected a Chemical Producer’s MRO

Arkestro

The post Manufacturing Business Technology: How Predictive Procurement Affected a Chemical Producer’s MRO appeared first on Arkestro.

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GEP Procurement & Supply Chain Tech Trends Report

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?

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More Than a Fifth of Companies Do Not Conduct Security Checks on Third-Party Suppliers, Report Finds

Supply Chain Brain

A report from Risk Ledger found that 21% of companies do not conduct security assessment checks of their suppliers before signing a contract with them.

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What Are the Wider Benefits of Supplier Marketing?

HICX

The Benefits of Supplier Marketing As the various use cases from our previous article show, the underlying principle when it comes to supplier marketing is simplification. It should be as simple as possible and as frictionless as possible for suppliers when they are doing business with you. Greater simplification for them creates more simplicity for you on the enterprise-side as well.

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Podcast | How Vulnerable Are Our Networking Devices?

Supply Chain Brain

Recently the Trellix Advanced Research Center discovered two major vulnerabilities in Cisco network devices, exposing them to possible cyberattack.

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Baseball Stadium in Port of Oakland Looks Doomed

Supply Chain Brain

The move comes after decades of efforts to revitalize the Oakland Coliseum site or find a suitable local alternative.

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Supply Chain Orchestration: A New Era in Supply Chain Management

When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.

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Mitigating Weather-Related Disruptions With Software

Supply Chain Brain

Supply chain disruptions caused by weather-related disasters are happening with increasing frequency.

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Biden Administration Investing $82m in the U.S. Solar Manufacturing Sector

Supply Chain Brain

The Department of Energy will invest $52 million in 19 select clean energy projects, with an extra $30 million earmarked to fund solar energy technologies.

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