ProcurePort

JUNE 17, 2023

As businesses strive to create leaner, more efficient operations, procurement software has emerged as a critical tool in this endeavor. This technology streamlines supply chain management, makes purchasing more transparent, and promotes more strategic decision-making. However, before jumping headfirst into implementing a digital procurement software, it is crucial to follow a sequence of key steps […] The post 10 Key Steps to Take Before Implementing Procurement Software appeared first on

supply chain software solutions 130

supply chain software solutions Supply Chain Efficiency Procurement Supply chain management 130

Procurement Templates

JUNE 18, 2023

I asked Chat GPT about Procurement Leadership and I have to say the response is good! Who are the procurement leaders? ChatGPT As an AI language model with a knowledge cutoff in September 2021, I can provide you with information about prominent procurement leaders up until that time. However, I may not have up-to-date information on the most recent developments.

Leadership 147

Leadership Procurement Agile and Lean Supply Chain Supply Chain Efficiency 147

ABC of Procurement

JUNE 17, 2023

Correct, procurement does not create contracts. The legal department does it. But if something goes wrong, we will have to deal with the consequences. The post Checklist for a good Procurement contract first appeared on ABC of Procurement.

Procurement contracts 182

Procurement contracts Contract Procurement 182

Procurement Tactics

JUNE 19, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Your Ultimate Guide To Launching A Digitized Procurement Startup One of the biggest advantages of digitization in the procurement industry is that it allows you to use data analysis to make informed decisions. Management consulting firm Oliver Whyman reports that incumbent companies are currently being overshadowed by a total of 356 procurement startups that offer

Procurement 201

Procurement Collaboration Procurement strategies supply chain software solutions 201

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

Procurement Leaders

JUNE 20, 2023

Every year, Procurement Leaders’ research team explores category planning for the next 12 months. In previous years, we have looked at competitive pressures, market dynamics and savings forecasts. This time, we are looking at maturity. There is a vigorous debate in the world of procurement about the speed at which we transform categories. Some pioneering CPOs launch ‘big bangs’ in which categories are rolled out across the business in one rapid blast.

Procurement team 147

Procurement team Procurement Influencing Buyers 147

All Things Supply Chain

JUNE 23, 2023

Elon Musk says Tesla to come to India Tesla CEO Elon Musk has expressed his intention to bring Tesla to India “as soon as humanly possible” following a meeting with…

Supply chain 210

Supply chain Supply Logistics 210

Procurement Tactics

JUNE 23, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 12 Best Construction Equipment Suppliers 2023 — Reviews & Pricing A good house and building come from reliable construction equipment and materials. If you are searching for the right tools and equipment for your construction plan, you are on the right page.

Price 211

Price Suppliers Negotiation Purchasing 211

SCMR (Supply Chain Management Review)

JUNE 20, 2023

While last year’s State of Logistics report highlighted the need to get back in sync, the 2023 version finds logistics operations building long-term resilience in an effort to best serve customers through a variety of distribution channels.

Distribution channels 117

Distribution channels Logistics 117

Supply Chain Dive

JUNE 20, 2023

The facility is the company’s largest to date and will move the retailer closer to its goal of offering two-day delivery to 95% of the U.S. population.

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Let's Talk Supply Chain

JUNE 22, 2023

One of the major drivers of Women in Supply Chain is Let’s Talk Supply Chain’s commitment to supporting bridging the gender gap in the industry. And it isn’t just the right thing to do, it’s a smart investment for a business landscape hallmarked by uncertainty and yes, the more-than-occasional chaos. Research shows that having more Women in Supply Chain can empower more curiosity and agility —helping organizations meet and exceed business milestones with breakthrough performance.

Agile and Lean Supply Chain 104

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply chain 104

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.

Sustainability

Procurement Tactics

JUNE 22, 2023

 Menu Course Library 1. Negotiation Course Learn from industry experts who negotiated billion $ deals 2. Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. ChatGPT & AI Use ChatGPT to automate procurement processes Access To All Unlimited access to all courses & templates Platform For Teams Procurement Tactics For Teams Where procurement teams build better skills, fas

Purchase orders 200

Purchase orders Purchasing supply chain software solutions Buyers 200

SCMR (Supply Chain Management Review)

JUNE 21, 2023

With so much uncertainty and mixed economic signals, it is hard, if not impossible, to see trends or predict what will happen in the supply chain.

Supply chain 114

Supply chain Supply 114

Supply Chain Dive

JUNE 20, 2023

Customers in affected areas should keep an eye on any changes in pickup and delivery times, one expert noted.

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Supply Chain Brain

JUNE 20, 2023

The majority of digital transformation initiatives for the supply chain fail because businesses engage in "tribal" behavior, according to a new book by Klaus Imping and Michael Ciatto.

Supply chain 105

Supply chain Supply 105

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

Logistics

Procurement Tactics

JUNE 19, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter AI in Logistics — The Ultimate Guide Artificial intelligence is rapidly revolutionizing industries and logistics is not an exception. It changes how companies operate by providing applications that streamline planning, procurement, manufacturing, warehousing, distribution, transportation, and sales.

Logistics 193

Logistics supply chain budgeting supply chain software solutions Real-time Visibility 193

IBM Supply Chain Blog

JUNE 20, 2023

In the Spring of 2021, my manager at the time, Jerry Cuomo, suggested that I start my own podcast. He had—and still has—a podcast called “ The Art of Automation ,” and he suggested that it was a great experience I should have, too. The topic? “How about hybrid cloud?” he suggested. And that is how the idea and the name were born.

Ethics 98

Ethics Import Management 98

Supply Chain Dive

JUNE 21, 2023

The company is weathering a decline in demand, and relief doesn't appear to be coming from strike-fearing shippers.

Demand 130

Demand 130

Let's Talk Supply Chain

JUNE 19, 2023

In today’s episode of Women in Supply Chain , I’m joined by Sharon Manker – award-winning supply chain, supplier diversity and inclusion strategist; author; board director; keynote speaker; and advocate. Sharon is a multi-talented supply chain and procurement professional, with over 20 years industry experience. And as a renowned advocate and diversity strategist, she brings that experience – together with her unrivalled passion – to committees, and stages, around the country, using her voice to

Supply Chain Optimization 98

Supply Chain Optimization supply chain software solutions Supply chain Supply 98

Advertisement

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.

Supply Chain Efficiency

Procurement Tactics

JUNE 23, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 12 Best Construction Equipment Suppliers 2023 — Reviews & Pricing A good house and building come from reliable construction equipment and materials. If you are searching for the right tools and equipment for your construction plan, you are on the right page.

Price 130

Price Suppliers Negotiation Purchasing 130

Procurement Freelancers

JUNE 22, 2023

The effects of the COVID-19 epidemic are still being felt, and how. Despite these persistent… The post 8 Key Procurement Trends For 2023 first appeared on Procurement Blog | Procurement & Supply Chain News.

Procurement 97

Procurement Supply chain Supply Category management 97

Supply Chain Brain

JUNE 21, 2023

Data-driven 3D printing provides a significant boost to the efficiency and productivity of the supply chain, helping manufacturers respond more quickly and effectively to disruptions.

Supply Chain Efficiency 110

Supply Chain Efficiency Data Supply chain Supply 110

Supply Chain Dive

JUNE 20, 2023

“We are on track for a record contraction in labor capacity this year, which is key to the bottoming process,” senior analyst Tim Denoyer said in a statement.

Contract 94

Contract 94

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.

Procurement

IBM Supply Chain Blog

JUNE 20, 2023

According to Warranty Week , claims totaling 46 billion USD were paid by the global automotive Original Equipment Manufacturers in 2021. 54 billion USD in accruals have been made. This means that based on experience, roughly $630 per vehicle sold is held back for upcoming warranty issues. The challenge to avoid or reduce warranty claims and their costs is enormous, as flaws can happen along the complete value chain.

Data 89

Data Suppliers Quality Management 89

Procurement Freelancers

JUNE 17, 2023

A company’s risk management plan must include supplier risk management (SRM). Direct procurement entails working… The post Supplier Risk Management With Supplier Auditors first appeared on Procurement Blog | Procurement & Supply Chain News.

Risk management 91

Risk management Suppliers Risk Management 91

Supply Chain Brain

JUNE 20, 2023

Combined, the U.S., EU, Japan and India have committed more than $100 billion in subsidies to attract the likes of Intel, Taiwan Semiconductor Manufacturing and Micron.

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SCMDOJO

JUNE 21, 2023

The Supply Chain as a Service (SCaaS) market has experienced significant growth in recent years, with even greater potential ahead. SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. Let’s delve into this emerging concept. Companies often outsource or entrust these processes to third-party providers, reaping the abundant benefits of SCaaS.

Supply Chain Optimization 89

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 89

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

Supply Chain Optimization

Spend Matters

JUNE 19, 2023

This Spend Matters series takes a look at the state of procurement technologies in the market today and whether they meet user demands. Spend Matters is featuring the top 5 digital capabilities of different procurement technologies and what functionality you can expect from average and top performing solutions, leveraging its SolutionMap dataset. In this article, our analyst Nikhil Gaur looks at contract lifecycle management (CLM) platforms.

Contract 88

Contract Management Negotiation Real-time Visibility 88

SCMR (Supply Chain Management Review)

JUNE 19, 2023

The path to profitability for circular economy business models has not been a straightforward one, yet circular-based products and services remain a high-growth area.

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Supply Chain Brain

JUNE 20, 2023

China National Petroleum will seal a 27-year liquified natural gas purchase agreement of 4 million tons annually with QatarEnergy, according to a person with knowledge of the matter.

Purchasing 98

Purchasing 98

Procurement Freelancers

JUNE 19, 2023

Manufacturing quality control is crucial. Product quality affects consumer happiness and the company’s reputation. To… The post The Importance Of Supplier Auditing For Quality Control In Manufacturing first appeared on Procurement Blog | Procurement & Supply Chain News.

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Quality Import Suppliers Supply chain 88

Advertiser: ZoomInfo

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

Buyers