Procurement Tactics
JULY 17, 2023
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter Choosing a Contract Management Tool Choosing a contract management tool is crucial for your business as you need to select what suits your company the best. However, what are the factors that you need to consider when choosing one?
Supply Chain Brain
JULY 17, 2023
The U.S. and Europe will need to stimulate more innovation and reward manufacturers if they hope to loosen Asia's grip on the global semiconductor market.
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Spend Matters
JULY 17, 2023
This Spend Matters Vendor Analysis provides an overview of DraftOnce, a contract drafting solution by Blue Burro Technology. Unlike traditional contract lifecycle management (CLM) solutions, DraftOnce does not focus on the full contract lifecycle. Its sole purpose is document preparation (specifically procurement contracts). As it is not a full CLM solution, DraftOnce can complement existing CLM systems or, depending on an organization’s needs, replace them outright.
Supply Chain Brain
JULY 17, 2023
A deal is expected between Japan’s Ministry of Economy, Trade and Industry, the Japan Organization for Metals and Energy Security and Saudi Arabia’s Ministry of Industry and Mineral Resources.
Advertiser: GEP
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.
Supply Chain Dive
JULY 17, 2023
The company implemented warehouse automation in four locations and has "other projects in the works,” a spokesperson said.
Supply Chain Brain
JULY 17, 2023
Around 94% of hazardous material spills are due to trucking, and just 4% to rail, says Joseph R. Hinrichs, president & chief executive officer of CSX.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Supply Chain Brain
JULY 17, 2023
Scientists predict an exceptionally intense El Niño pattern, reminiscent of the patterns observed in the early '80s and late '90s.
Supply Chain Dive
JULY 17, 2023
Historic fires are blazing through the provinces of Alberta and Quebec, dealing a blow to the country’s softwood lumber production.
Supply Chain Brain
JULY 17, 2023
The Japanese government will suggest that the International Energy Agency create a gas stockpiling framework for its member nations.
Supply Chain Dive
JULY 17, 2023
The U.N. is scrambling to save an agreement brokered at the start of the Ukraine war, seen as essential to addressing global food insecurity.
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.
Supply Chain Brain
JULY 17, 2023
A spokesperson said Russia would be suspending the Black Sea Grain Initiative until the country’s demands to export its goods to the rest of the world are met.
Supply Chain Dive
JULY 17, 2023
Under the 10-year agreement, Renesas Electronics will receive 150mm and 200mm silicon carbide wafers to power its semiconductors.
Supply Chain Brain
JULY 17, 2023
The United Kingdom is the first European country to join the trade agreement and is projected to be the pact’s second-biggest economy behind only Japan.
Supply Chain Dive
JULY 17, 2023
The company will use Relex Solutions’ cloud-based procurement offering to establish a centralized, data-driven buying system.
Advertiser: GEP
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.
SCMR (Supply Chain Management Review)
JULY 17, 2023
If you have committed to an ERP project, waiting to address the data portion of the project can lead to frustration and delays.
Procurement Freelancers
JULY 17, 2023
Organisations constantly seek ways to optimise their procurement processes in today’s competitive business landscape. One… The post The Benefits Of Hiring A Freelance Procurement Contract Manager first appeared on Procurement Blog | Procurement & Supply Chain News.
Empowering CPO
JULY 17, 2023
Introduction The pivotal role of procurement in businesses cannot be overstated. It encompasses the intricate processes through which companies acquire the necessary goods and services to sustain and expand their operations. From sourcing raw materials to securing high-quality services, procurement directly influences a company’s efficiency, productivity, and financial performance.
Procurement Freelancers
JULY 17, 2023
In today’s competitive business landscape, successful importation and business growth are crucial for staying ahead.… The post The Importance Of Sourcing Consultants For Business Growth first appeared on Procurement Blog | Procurement & Supply Chain News.
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
Barkers Procurement
JULY 17, 2023
Supplier evaluation is the process of analysing potential suppliers and existing ones so that you have the best suppliers for your business. Choosing the right suppliers is essential; working with good suppliers can reward the business with an array of benefits, whereas choosing the wrong ones can damage it. Below we look at the many other reasons why it’s so vital to engage in a supplier evaluation process.
Empowering CPO
JULY 17, 2023
Introduction In an ever-evolving business environment, successful procurement operations are key to keeping organizations efficient, competitive, and profitable. But what happens when businesses lack the resources, expertise, or time to manage procurement effectively? This is where managed procurement services come into play. Managed procurement services , a game-changer in the industry, provide a comprehensive solution for businesses that need to improve their procurement operations.
IBM Supply Chain Blog
JULY 17, 2023
Whether placing an order, requesting a product exchange or asking about a billing concern, today’s customer demands an exceptional experience that includes quick, thorough answers to their inquiries. They also expect service to be delivered 24/7 across multiple channels. While traditional AI approaches provide customers with quick service, they have their limitations.
Empowering CPO
JULY 17, 2023
Introduction Brief Explanation of the Role of Procurement in Businesses Procurement is the lifeblood of any business, large or small. It’s the complex process through which businesses source and acquire the goods and services they need to operate and grow. From securing raw materials to procuring top-tier services, these purchases directly impact a company’s efficiency, productivity, and bottom line.
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?
Jaggaer
JULY 17, 2023
Watch this video to see how Tealbook and JAGGAER are partnering together to deliver AI-powered, automated supplier data.
Empowering CPO
JULY 17, 2023
Introduction In today’s hyper-connected, fast-paced global economy, the procurement landscape is more complex and critical than ever before. Companies, regardless of size and industry, need to source goods and services efficiently, cost-effectively, and with an eye toward sustainability and social responsibility. In this environment, procurement is not just about purchasing anymore; it’s a strategic function that can significantly impact a company’s bottom line, reputation, and
CPO Rising
JULY 17, 2023
Today, we feature our ongoing coverage of this year’s 18th-annual CPO-themed report, where my team and I continue our nearly two-decade-long dialogue with chief procurement officers (CPOs) and other procurement leaders.
Empowering CPO
JULY 17, 2023
Introduction In today’s hyper-connected, fast-paced global economy, the procurement landscape is more complex and critical than ever before. Companies, regardless of size and industry, need to source goods and services efficiently, cost-effectively, and with an eye towards sustainability and social responsibility. In this environment, procurement is not just about purchasing anymore; it’s a strategic function that can significantly impact a company’s bottom line, reputation, an
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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.
Jaggaer
JULY 17, 2023
Watch this video to see how Tealbook and JAGGAER are partnering together to deliver AI-powered, automated supplier data.
IBM Supply Chain Blog
JULY 17, 2023
Successful implementation of artificial intelligence (AI) is contingent on an AI strategy that takes into account the following considerations: Open: It’s based on the best open technologies available Trusted : It’s responsible and governed Targeted: It’s designed for the enterprise and targeted for business domains Empowering : It’s designed for value creators, not just users Designed with these elements in mind, watsonx is a new AI and data platform that empowers enterp
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