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Pain Points in Procurement Series Focusing Beyond Cost in Procurement to Drive Value Practitioners who are focusing beyond cost in procurement are shifting stakeholder mindsets about the value the function can bring to the organization. By Hugo Britt | March 30, 2023 Search Welcome to Una’s Pain Points in Procurement series. Each week, the Una team will explore one of ten common pain points impacting procurement today, and put forth actionable solutions to each of these challenges.
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Strategic Procurement — Everything You Should Know Strategic procurement allows businesses to meet the demand of the current procurement landscape by making sense of the data and automating the procurement process. However, what is it?
From simmering geopolitical tensions to soaring energy costs and staff shortages, the challenges faced by businesses in recent months have been complex and interlinked, and procurement has a key role to play in tackling this “polycrisis”. At Procurement Leaders, we’ve been seeking out the community’s insights into how they’re dealing with these challenges and how they see things panning out in the months to come.
“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.
For Procurement Heads ‘ latest Big Interview, Lorna spoke with Gemma Burman about her procurement career. How did you get into procurement? Well, like a lot of people, I fell into procurement really. After I graduated, I did struggle to find out what I wanted to do, so I went through a few temporary roles and at the same time I actually met a woman who worked in marketing for Peel Holdings in Manchester, and we walked our dogs at the same time in the same place.
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Egg Prices – Historical Graph Realtime chart of historical daily egg prices. The prices are down in U.S. dollars per dozen. The current price is and is last updated on. The average price in the past 3 days is The average price in the past 7 days is The average price in the past 30 days is The average price in the past 365 days is Popular questions about egg prices: Why are egg prices fluctuating?
The vendor selection process is stressful, but these easy steps can help make it more manageable. Explore vendor selection criteria, weighted scoring basics and best practices from our friends at Lockton Companies HR Technology and Outsourcing. The post Vendor selection process: Reduce stress with these pro tips appeared first on RFP360.
Risk has become an increasingly important focus for Stockholm-headquartered consumer goods giant Electrolux, which has thousands of Tier-1 suppliers. With such a large supply base, it’s not surprising to hear the business faces many different threats, including cyber risks, material availability challenges and logistics risks – to name but three.
Procurement is a crucial aspect of any business, and it plays a significant role in ensuring that the organization runs smoothly and efficiently. As a procurement professional, you are responsible for ensuring that your organization obtains the goods and services it needs at the right quality, quantity, and price. In this blog post, we’ll discuss […] The post 6 Ways to Improve Procurement Performance appeared first on ProcurePort Blog.
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
There are thousands of recruitment agencies out there, each offering a different set of services and level of expertise. Hayley Packham , Procurement Heads ‘ Operations Director, shares some key factors to consider when choosing a recruitment agency. Specialisation The first thing to consider when choosing a recruitment agency is its specialisation.
China calls out Australia after rare material deal is blocked China has called out the Australian government for blocking a bid by a Chinese-linked company to boost its ownership in…
Coal Prices – Historical Graph Real-time chart of historical daily coal prices. The prices are down in U.S. dollars per MT. The current price is and is last updated on. The average price in the past 3 days is The average price in the past 7 days is The average price in the past 30 days is The average price in the past 365 days is Popular questions about coal prices: Why are coal prices fluctuating?
Cybersecurity company Cloudflare's rankings underscore how the daily presence of logistics businesses in consumers' lives makes them a prime target for phishing scams.
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.
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 – March 24th, 2023 appeared first on Art of Procurement.
In today’s competitive business landscape, it’s essential to ensure that your procurement process is streamlined and efficient. A smooth procurement process can help your organization save money, reduce risk, and enhance collaboration with suppliers. However, simplifying and streamlining procurement is often easier said than done. In this blog post, we’ll discuss six ways to simplify […] The post 6 Ways to Simplify & Streamline Your Procurement Process appeared first
EPISODE 105 Mining the Gaps for Strategic Supply Chain Value with Steve Clarke By Kelly Barner | March 8, 2023 The simplest solution to a problem is most likely the best one. Cutting through the noise to find root causes can be challenging, however, especially when there seems to be an overly complicated digital answer to every business question. In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Steve Clarke.
Warehouses are among the most essential elements of our global supply chain. The packaging and shipping never stop, so warehouses expend lots of energy and emissions.
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.
Cocoa Prices – Historical Graph Real-time chart of historical daily cocoa prices. The prices are down in U.S. dollars per MT. The current price is and is last updated on. The average price in the past 3 days is The average price in the past 7 days is The average price in the past 30 days is The average price in the past 365 days is Popular questions about cocoa prices: Why are cocoa prices fluctuating?
Ivalua has been awarded Best Company for Global Culture, Future Outlook, and Engineering, Marketing, and Sales Departments. Redwood City, CA, March 31, 2023. Ivalua, a global leader in spend management , today announced that it has been ranked by Comparably among the top 100 companies with the best outlook , best global culture , and best departments in engineering , marketing, and sales.
Jason Roberts, CEO & Founder of Kaleida explains more. “For a while, we have been thinking of ways to recognise the achievements of corporate buyer partners whose strategic social value programmes attain ‘Fully-inclusive Supplier Diversity’ status. “We wanted a symbol to recognise this accomplishment. “A symbol to aspire towards. “A token to reflect their understanding that Exclusive truly is not Inclusive. “It is with great pleasure that I introduce
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
Tony Roberts, CPO of Urenco – the UK-headquartered international supplier of enrichment services and fuel cycle products for the civil nuclear industry – discusses the impact of his function’s new organisational structure, how the company’s journey to net-zero will impact its supply chain, as well as the importance of supporting suppliers in both the short and long term as businesses continue to grapple with the sustained impact of the polycrisis.
Orange Juice Prices – Historical Graph Real-time chart of historical daily orange prices. The prices are down in U.S. dollar per Lbs. The current price is and is last updated on. The average price in the past 3 days is The average price in the past 7 days is The average price in the past 30 days is The average price in the past 365 days is Popular questions about orange juice prices: Why are orange juice prices fluctuating?
In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.
E-invoicing Mandate | France 2024 Ivalua Spend Management Insights [ivory-search] Wake Up AP, Before it’s Too Late! E-invoicing Mandate | France 2024 March 27, 2023 | | Procurement Strategy by Steve Carter The biggest change to Accounts Payables since the introduction of double entry journals is about to hit finance departments–but are they prepared?
For the latest in Procurement Heads ‘ Big Interview series, he spoke with James Dobbin about how his career in procurement began and what he looks for when recruiting procurement talent. How did you get into procurement? I think, like most people, it wasn’t my first choice at school, but I was studying for a Business Management Degree at university, one of my core modules was procurement and supply chain and I liked it.
Here is another true story from my Procurement career. Sounds like a funny one, but I was not laughing back then :) The post The non standard pipe: A short procurement story first appeared on ABC of Procurement.
Following the U.S. The Netherlands is set to impose chip export control on China The government of the Netherlands is moving forward with export restrictions on semiconductor manufacturing equipment.
Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.
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