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Pain Points in Procurement Series How Procurement Can Risk-Proof an Organization During a Recession Five steps procurement can take to risk-proof an organization against the impacts of a looming economic recession. By Hugo Britt | April 20, 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.
As a leader in end-to-end delivery and transportation with a career spanning over 15 years as an omni-channel supply chain and operations leader, I have often been the only woman in the room.
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?
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.
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Sustainable Goals in Procurement —Embracing Sustainability Sustainable goals in procurement help it to stay on track with its sustainability objectives in its activities. However, what are these goals? In this article, We will tell you what are sustainability goals and their importance in your procurement process.
Software companies are looking at how the tool can improve forecasting, procurement, inventory management and even the nuts and bolts of shipping decisions.
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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.
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Sustainable Suppliers — Everything About Sustainability Sustainable suppliers can help companies to achieve sustainability, especially in their procurement activities as they can meet the standards for environmental and social issues.
Building Dynamic Teams in Procurement How effective leaders can use trust, diversity and inclusion to build dynamic teams in procurement and transform the way the function operates. By Mackenzie Oakley | April 18, 2023 Search This article is inspired by a recent episode of The Sourcing Hero podcast featuring Harold Hendrickx, a fractional CPO and the founder of TransExecutive, a company that deploys the Procurement Task Force model to help procurement teams enable, optimize, transform, and rapid
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…
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 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.
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.
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.
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.
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.
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.
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.
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Supplier Assessment — Embracing Sustainability in Procurement Supplier assessment is needed when selecting the right supplier to achieve sustainability in your procurement process. However, how do you do it? This article will discuss what supplier assessment is in sustainability and how important it is to assess your suppliers.
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.
Insolvencies, COVID-19 disruption and ties to forced labor raise the possibility for delays and reputational harm, according to analytics firm Everstream’s annual risk report.
Ardent Partners defines “Market Leaders” as providers with universal strength across their ePayables offering matched with an ability to execute at the highest level. Redwood City, CA, 18 April, 2023. Ivalua, a global leader in spend management , today announced that it has been named as a market leader in the Ardent Partners 2023 ePayables Technology Advisor.
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
Ivalua Spend Management Insights [ivory-search] Source Wisely: Your Top 3 Public Procurement Software Essentials April 17, 2023 | | Public Sector by Jarrod McAdoo Today, state and local governments are tackling top priorities such as legacy modernization, cybersecurity, and cloud computing. These advancements in public procurement processes have driven a critical yet growing demand for procurement software solutions that support efficient planning, execution, management – ultimately result
Explore how a global manufacturing organization steadily advanced its supply chain maturity – starting with basic transportation management and evolving towards a fully integrated, optimization-driven planning approach. Get an inside look at a multi-year 4PL collaboration journey, culminating in the implementation of 4flow TORO to unlock the full potential of early optimization in material and transportation planning.
ISO 20022 is a global standard for financial messaging that aims to standardize electronic data interchange between financial institutions. It provides a structured way of exchanging data for financial transactions, including payments, securities and trade services. The International Organization for Standardization (ISO) developed the standard, which is being adopted by countries and financial institutions worldwide.
The report also found that global transportation costs have fallen below their long-term average thanks to lessening pressures on shipping, rail, air and road freight.
Categories: Procurement Strategy & Planning , Sponsored Article Tags: sponsored post Procurement is a critical function in any business, responsible for sourcing and managing the goods and services necessary for an organization to operate effectively. As businesses continue to look for ways to improve efficiency and reduce costs, many are turning to automation to streamline procurement processes.
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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