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Where's the procurement planning when you need one? Once, we wrote about demand management in this blog. It's a good enough topic, which misses one crucial element - demand management mastery comes after sophisticated planning. In some companies (and I'm quoting my own experience), procurement planning barely exists. Our colleagues tend to accept the business demand for granted and not try to understand or, God forbid, challenge it.
Categories: Procurement Strategy & Planning , Supply Chain , Supply Risk Tags: Sponsored Posts Since the early days of Covid and the immediate blow to global supply chains, the frequency and impact of supply chain disruptions has only increased. During the pandemic, procurement organizations were often the unsung heroes that scrambled to respond to unexpected supply shortages, faltering suppliers and bottlenecked supply chains.
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Kotter’s Theory — Embracing Sustainability in Procurement Kotter’s theory of change helps companies to introduce change in the business. However, what is it? This article will discuss what Kotter’s theory is and the benefits you can gain by using it to change your business operation, especially your procurement process.
Kris Lance is a senior director with the group purchasing company Una. He’s an experienced leader with a proven history of success across multiple industries, especially in healthcare and IT procurement. Kris describes himself as a “seeker of truth”, and here he takes a look at the tech landscape in procurement – and in particular, data. We asked: “As the availability of more sophisticated technology is matched by the opportunity to acquire increased levels of data, the temptation to run h
Speaker: Jason Chester, Director, Product Management
In today’s manufacturing landscape, staying competitive means moving beyond reactive quality checks and toward real-time, data-driven process control. But what does true manufacturing process optimization look like—and why is it more urgent now than ever? Join Jason Chester in this new, thought-provoking session on how modern manufacturers are rethinking quality operations from the ground up.
In the increasingly globalised marketplace of today, selecting a business partner can be difficult. This… The post Supplier Audits: An Unavoidable And Crucial Path To Customer Satisfaction first appeared on Procurement Blog | Procurement & Supply Chain News.
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Sustainability Issues in Procurement — Embracing Sustainability Sustainability issues are what many businesses should prioritize if they want to continue striving for sustainability in their business operations, especially their procurement activities.
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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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
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?
Fedex Streamlines Operations Fedex to combine their Ground and Express divisions in an effort to streamline operations for more efficiency. Robot Orders Trending Up The automotive industry is leading the way with using and ordering more robots, accounting for more than 50% of robot sales in 2022. Oil Prices Increase OPEC decided to cut oil production recently resulting in a surge of 5% in oil prices.
Product lead time is crucial in the life sciences industry and represents a key consideration for customers’ purchasing decisions. For this reason, BD Biosciences aimed to optimize its global supply and distribution network to reduce delivery lead time to customers and optimize its global inventory. How BD Biosciences was successful in reducing global distribution lead times between 30% and 60% in addition to: Increasing agility to prioritize urgent and ad-hoc customer requests Increasing global
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Sustainable Supply Chain Analysis — Embracing Sustainability Sustainable supply chain analysis involves evaluating how sustainable your suppliers and your processes that both pertain to how transparent your supply chain is.
Could you tell us a bit about your background? I am currently a partner at Edenseven, a consultancy based on delivering business performance through sustainability, but my background is as a Procurement Director and Global CPO. I first moved into procurement at Coca-Cola and ended up leading the strategic procurement team there, I was then Group Procurement Director for Dairy Crest before moving to become Global CPO for Tata Global Beverages.
The delivery giant has assigned executives to major customers to keep them from shifting volume to competitors amid Teamsters contract negotiations, CEO Carol Tomé said.
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.
“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.
AI-enabled supply chains are 67% more effective than their non-AI counterparts, thanks to reduced risks and lower overall costs, market analysis shows.
US looks to establish rules for AI After the recent rise in popularity over OpenAI’s ChatGPT, countries are now looking to regulate this industry to prevent data breaches and subdue…
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.
EPISODE 111 Taking Intelligent Risks with Mark Trowbridge By Kelly Barner | April 19, 2023 We’ve all been mired in years of paralyzing risk and disruption… but could risk taking be just what this moment calls for? Yes – as long as the risks are “intelligent risks.” In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Mark Trowbridge.
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
In August of 2022, the relationship between FedEx Ground and their network of delivery contractors looked like it was about. The post [Pod] Case Dismissed: Spencer Patton Prevails Over FedEx appeared first on Art of Procurement.
That’s according to the latest statistics from the Association of Professional Staffing Companies (APSCo) – the trade body for the professional recruitment sector. The data – provided by Bullhorn – revealed that permanent jobs grew 10% month-on-month in March while demand for highly skilled contractors rose 4%. Placements also increased, up 21% for permanent jobs and 11% for contract positions between February and March.
Germany quell reports on banning chip chemicals to China A report from Bloomberg on Thursday suggested that the German government was considering restrictions on the chemicals in order to reduce…
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Sustainable Government Procurement — Shifting to Sustainability Sustainable government procurement is the commitment of the government to achieve sustainability in its purchases. However, what is it? In this article, we will discuss what sustainable procurement means.
Ivalua Spend Management Insights [ivory-search] Payment Cards FAQ: More Cash Rewards, Less Effort April 28, 2023 | | Innovation by Steve Carter Unlock your Payment Solution Organizations are rethinking their traditional payment methods as they seek to maximize savings while securely streamlining the invoicing process. Ivalua is at the forefront of this transition, providing a comprehensive card-based solution that operates with leading banking partners.
This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia
That’s according to the latest statistics from the Association of Professional Staffing Companies (APSCo) – the trade body for the professional recruitment sector. The data – provided by Bullhorn – revealed that permanent jobs grew 10% month-on-month in March while demand for highly skilled contractors rose 4%. Placements also increased, up 21% for permanent jobs and 11% for contract positions between February and March.
EU finalizes €43 Billion European Chips Act The European Union (EU) has finalized a €43 billion bid to increase domestic semiconductor production, in the wake of prolonged and ongoing disruption…
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Treaties and Standards for Sustainability — Everything About Sustainability Treaties and standards for sustainability keep the companies in check if they are sustainable in their business operations , especially in procurement.
CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Those are three hot topics in the enterprise today. The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time? A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key
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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