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18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Fourth Party Logistics — Everything You Should Know Fourth-party logistics (4PL) help businesses to optimize their entire chain. Although it is gaining popularity, people still have little to no idea what 4PL is. In this article, we will discuss what 4PL means.
How to Automate Quoting Process: Benefits of RFQ Software: IntroductionIn today’s fast-paced business environment, efficiency and speed are crucial for staying competitive. One area where companies often struggle to streamline operations is the quote request process. Manual handling of requests, communication with suppliers, and tracking responses can be time-consuming and prone to errors.
This year’s tournament, the fourth time the event has been held, was won by procurement consultancy State of Flux, who narrowly edged out the hosts in the final. James Dobbin, Director and Head of Practice for Financial & Professional Services, said, “It was great to see so many teams from across the sector join us and raise money for an incredible cause.
“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.
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Invoice Approvals — The Ultimate Guide Invoice approvals allow you to only pay for what you purchased, which helps you to avoid overpayment. However, what is it? In this article, we will discuss what invoice approvals are.
In 1907, J.P. Morgan was called back from a trip to help stop a series of bank runs on Wall. The post [Pod] JPMorgan Chase Stops the Financial Contagion appeared first on Art of Procurement.
Foxconn to build $500 million factory in India Electronics manufacturer Foxconn has started construction on a new manufacturing site in India, with plans to invest $500 million in the facility…
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Foxconn to build $500 million factory in India Electronics manufacturer Foxconn has started construction on a new manufacturing site in India, with plans to invest $500 million in the facility…
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Sri Lanka Import and Export Statistics Sri Lanka’s import and export activities decline steeply after its worst economic crisis in decades. This left the country with unsustainable debt and a severe balance of payments which will further stunt its economic growth in years.
This year’s tournament, the fourth time the event has been held, was won by procurement consultancy State of Flux, who narrowly edged out the hosts in the final. James Dobbin, Director and Head of Practice for Financial & Professional Services, said, “It was great to see so many teams from across the sector join us and raise money for an incredible cause.
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
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Chile Import and Export Statistics Chile’s import and export activities open a positive trade balance in the first quarter of 2023. Will the country continue this trend? The World Bank ranks Chile as a high-income market economy.
Ivalua Spend Management Insights [ivory-search] 2023 Ivalua NOW Nashville: Recap + Photos! May 18, 2023 | | Ivalua NOW by Eloise Barnum They say city lights got nothin’ on country nights—and well–they ain’t wrong! We can’t recreate Ivalua NOW 2023 Nashville–but we’ll always have the memories! From the sessions and keynotes to the electrifying nighttime events–we want to extend a heartfelt thanks to all our customers, sponsors, partners, attendees, and team for making Ivalua NOW “Breaking N
How did you get into procurement? At university, I followed a few classes on procurement and supply chain, loved it and decided that was the career path I wanted to take. What I really liked about procurement back then, and still love about procurement today, is the mixture of analytics and data-driven skills that you need, coupled with interpersonal skills, commercial acumen and negotiation.
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.
How did you get into procurement? At university, I followed a few classes on procurement and supply chain, loved it and decided that was the career path I wanted to take. What I really liked about procurement back then, and still love about procurement today, is the mixture of analytics and data-driven skills that you need, coupled with interpersonal skills, commercial acumen and negotiation.
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.
Poor Factory Work Conditions Being Investigated…in the US We’re used to seeing news headlines about poor working conditions in factories in overseas countries, but this time, the investigations into poor factory conditions are for US-based factories. As George Takei would say: “Oh Myyyyyyy.” Canada and India Look to Close a Free Trade Agreement Bilateral trade between Canada and India was worth $12bn last year.
As we navigate an unstable economy, organizations across industries want to be “future-ready,” and that requires systems and processes that can continuously evolve in response to the marketplace demands. For customers who run their operations on SAP, this means modernizing to a cloud ERP platform that supports greater flexibility and agility.
Categories: Risk Performance and Compliance , Sponsored Article Tags: sponsored post Change is tough. No matter the industry, change means risk. When something is working well enough, changing it invites risk into the established process. Therefore, things change only when necessary. Procurement, as an important part of manufacturing, falls into this mindset.
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.
The following is a business case highlighting the background, context and value proposition of SCMDOJO’s Expert Marketplace, a platform designed to connect businesses with specialized Supply Chain Expert Services. Table of Contents Executive Summary Introduction Objectives The Rapid Growth of Marketplaces SCaaS as a Concept Combining Marketplaces and Supply Chain as a Service: SCMDOJO’s Unique Value Proposition Features and Benefits for Clients Features and Benefits for Experts How I
YPurchasing Learn how YPurchasing, a group purchasing organization serving YMCAs, is saving members 10-15% on food costs through Una’s food cost reduction program. Introduction YPurchasing is a group purchasing organization dedicated to providing savings programs to YMCAs across the United States. The organization works with suppliers and vendors to secure the best possible pricing, quality products, and services to directly impact each YMCA’s mission.
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
A procurement contract that has been successfully negotiated implies that your company, as the buyer,… The post A Thorough Negotiation Guide For Procurement Consultants first appeared on Procurement Blog | Procurement & Supply Chain News.
The very heart of diversity involves how things differ, and we all know that people differ in many ways. All of us fit in, or don’t, some place, and this is why each of us has a DEI story.
EPISODE 115 Building a Legacy of Leadership with Retired Lt. Col. Oakland McCulloch By Kelly Barner | May 17, 2023 Leadership is easy to talk about, but hard to do. Every leader impacts the people around them – whether positively or negatively – so this week’s guest suggests making a decision from the outset what kind of leader you want to be, and why you want to lead.
Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón
Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how a composable approach helps modernize commerce stacks while maintaining control over critical systems.
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