ivalua

JANUARY 8, 2023

What Lieferkettengesetz Means for Procurement? The act was established to address issues of sustainability and ethical conduct in global supply chains, and has significant implications for companies and procurement organizations operating in Germany. By Jan-Hendrik Sohn. Export and import of certain hazardous wastes.

supply chain software solutions 244

supply chain software solutions Supply Chain Efficiency Supply chain Procurement 244

Procurement Tactics

APRIL 25, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Procurement Fair Operating Practices Sustainable procurement fair operating practices allow companies to give their employees a safe working environment. Don’t worry, we got you!

Sustainability 168

Sustainability Procurement Ethics Supply Chain Efficiency 168

Procurement Tactics

MAY 2, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Contracts — Embracing Sustainability in Procurement Sustainable contracts allow companies to oblige their suppliers to practice sustainable and ethical practices once they sign them.

Sustainability 181

Sustainability Contract Procurement Negotiation 181

Procurement Tactics

MAY 4, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Challenges in Sustainability Faced by Procurement Teams Adopting sustainability in procurement has many challenges that the procurement team must address to aim for sustainability.

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Procurement team Sustainability Procurement Negotiation 216

ProcurePort

NOVEMBER 27, 2023

Procurement as a Compliance Driver: Thorough vendor due diligence is essential, encompassing financial stability, adherence to labor laws, environmental practices, and ethical conduct. appeared first on ProcurePort Blog.

Procurement 130

Procurement Ethics Contract Sustainability 130

Procurement Tactics

JUNE 28, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. What is Procurement Tracking? Procurement Tracking is the process of monitoring and managing procurement activities.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

World of Procurement blog

APRIL 23, 2024

Procurement professionals play a crucial role in the success and efficiency of businesses. Risk Management : Assessing and mitigating risks associated with suppliers and agreements. Supplier Relationship Management : Building and maintaining positive relationships with suppliers.

Ethics 52

Ethics Procurement Supplier relationship management Market knowledge 52

World of Procurement blog

APRIL 23, 2024

Procurement professionals play a crucial role in the success and efficiency of businesses. Risk Management : Assessing and mitigating risks associated with suppliers and agreements. Supplier Relationship Management : Building and maintaining positive relationships with suppliers.

Ethics 52

Ethics Procurement Supplier relationship management Market knowledge 52

Empowering CPO

JULY 3, 2023

Introduction In the complex and fast-paced business world of today, Managed Procurement Services (MPS) have emerged as a key solution for enterprises seeking to streamline their operations, improve efficiencies, and achieve cost savings. Procurement is no longer just about purchasing goods and services at the lowest cost.

Innovation 52

Innovation Strategy Procurement Management 52

World of Procurement blog

APRIL 24, 2024

Welcome, esteemed colleagues and burgeoning professionals, to another elucidative exploration in the world of procurement. Today, we voyage through the intricate web of procurement business processes. Delve into this rich tapestry with us, as we unravel the complexities and illuminate the path to procurement excellence.

Supply Chain Efficiency 52

Supply Chain Efficiency Ethics Procurement Sustainability 52

Procurement Templates

NOVEMBER 26, 2023

Nailing Soft Skills in Procurement: The Unseen Superpower Hard skills and soft skills – which is more important? Let’s go through a few of them and see how they can help you succeed in procurement. Listening and Relationship Skills In procurement, your ability to build strong relationships is gold.

Procurement 130

Procurement Influencing Negotiation Contract 130

Procurement Tactics

JANUARY 13, 2023

Procurement success in 2023 with our Strategy Course. Procurement as a Career — 7 Reasons Why You Should Choose Procurement. Procurement as a career is a fulfilling one, especially if you enjoy putting your knowledge to use in the real world. For this article, we will discuss what procurement is as a career.

Procurement 171

Procurement Chief Procurement Officer Strategic sourcing Strategic sourcing 171

ivalua

AUGUST 21, 2022

Originally published in the 2022 ProcureCon Report “Transforming Procurement: Embracing Digital Innovation and Driving Sustainability” Ethical business practices and sustainability initiatives are forcing organizations to not only stand up, but to also set themselves apart from the competition by implementing ESG and CSR commitments.

Procurement strategies 240

Procurement strategies Sustainability Strategy e2e 240

Procurement Tactics

APRIL 5, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sustainable Procurement Business Drivers — Embracing Sustainability Sustainable procurement business drivers are the factors why many businesses embrace sustainability within their operations.

Sustainability 187

Sustainability Procurement Supply Chain Efficiency Procurement strategies 187

World of Procurement blog

APRIL 23, 2024

Procurement plays a critical role in the operational efficiency and financial health of an organization. Here are 10 procurement best practices that every organization should know: 1. Define Clear Procurement Policies Establishing clear, comprehensive procurement policies is foundational.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement Strategic sourcing 52

World of Procurement blog

APRIL 23, 2024

Procurement plays a critical role in the operational efficiency and financial health of an organization. Here are 10 procurement best practices that every organization should know: 1. Define Clear Procurement Policies Establishing clear, comprehensive procurement policies is foundational.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement Strategic sourcing 52

World of Procurement blog

APRIL 24, 2024

In the vast and vibrant landscape of procurement, a robust policy does not merely serve as a guideline—it is the bedrock upon which successful procurement practices are built. The Imperative for a Procurement Policy Why, you might wonder, does this document deserve such a prominent pedestal in the canon of procurement?

Procurement 52

Procurement Ethics Collaboration Risk 52

World of Procurement blog

MAY 8, 2024

What is Procurement? Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Procurement Templates

SEPTEMBER 14, 2023

In an era marked by growing environmental concerns and the urgent need for sustainable practices, procurement has emerged as a pivotal player in fostering sustainability within organizations. Procurement, often considered the gateway between an organization and its suppliers, plays a central role in this transformation.

Sustainability 130

Sustainability Supply Chain Efficiency Procurement Ethics 130

Procurement Tactics

JUNE 6, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter ESG in Procurement — Embracing Sustainability ESG in procurement is continuously integrated by many businesses to foster sustainability in their processes. What is ESG Procurement?

Sustainability 130

Sustainability Procurement Supply Chain Efficiency supply chain budgeting 130

Procurement Tactics

JANUARY 8, 2023

33 Procurement Interview Questions in 2023. Sustainable Procurement Analysis — The Ultimate Guide. Procurement analysis is used to collect and analyze data for businesses to gain insights and make informed decisions. In this article, we will discuss what sustainable procurement analysis is. Download Whitepaper →. .

Sustainability 207

Sustainability Procurement Agile and Lean Supply Chain Supply Chain Optimization 207

World of Procurement blog

APRIL 24, 2024

In the dynamic and ever-evolving world of procurement and supply chain management, staying at the forefront of professional development is not just advantageous – it’s imperative. This globally respected status is evidence of your strategic acumen, ethical practice, and dedication to continuous improvement.

Procurement 52

Procurement Supply chain management Supply chain management Supply Chain Optimization 52

Arkestro

JANUARY 23, 2024

Resources / Blog / What does a Procurement Manager do? Job Description, Skills, and Qualifications What does a Procurement Manager do? Job Description, Skills, and Qualifications As firms continue to leverage technology to carry out sourcing and procurement tasks, market demand for procurement is growing.

supply chain budgeting 52

supply chain budgeting Management Supply Chain Optimization Procurement 52

Procurement Heads

FEBRUARY 9, 2023

The same questions can be asked of a career in procurement. With advancements in automation and artificial intelligence, many industries are seeing a shift in how work is performed, and procurement is no exception. However, despite these changes, a career in procurement can still be considered future proof for several reasons.

Procurement 130

Procurement Strategic sourcing Strategic sourcing supply chain budgeting 130

Procurement Tactics

JUNE 7, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Sustainable Procurement Strategy — Embracing Sustainability Sustainable procurement strategy allows an organization to conduct its procurement processes that support its sustainability goals and objectives.

Procurement strategies 171

Procurement strategies Sustainability Strategy Procurement 171

Una

OCTOBER 26, 2023

What Skills Does an ESG Procurement Manager Need? Organizations are feeling the need to fill highly-skilled ESG procurement manager roles to meet consumer demand for sustainable goods. Why is demand for ESG procurement managers growing? What makes the role of ESG Procurement Manager so attractive?

Management 52

Management Procurement Supply Chain Efficiency Stakeholder engagement 52

SCMDOJO

APRIL 20, 2023

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.

Management 96

Management Procurement Contract management Supply Chain Optimization 96

Procurement Tactics

APRIL 3, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter How Companies Can Benefit From Sustainable Procurement Many businesses are shifting towards sustainability due to the perceived benefits when applied to the actual processes in procurement and supply chain.

Sustainability 183

Sustainability Procurement Supply Chain Efficiency Procurement strategies 183

IBM Supply Chain Blog

FEBRUARY 19, 2024

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

supply chain software solutions 88

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 88

Procurement Tactics

APRIL 19, 2023

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. Why is it Important?

Sustainability 165

Sustainability Procurement Supply Chain Efficiency supply chain budgeting 165

Procurement Tactics

NOVEMBER 24, 2022

33 Procurement Interview Questions in 2022. Responsible sourcing or ethical sourcing is an approach to sourcing and supply chain done by companies to consciously source and procure products or services for their operations in sustainable and ethical ways. New ethical trade legislation is being introduced around the world.

Sourcing 193

Sourcing Ethics Sustainability Supply chain 193

Value Match

MARCH 2, 2023

Here’s how Procurement teams and stakeholders can ensure sustainable practices are established in their supply chains mitigating the risk of violence and exploitation. Work with ethical suppliers: Procurement professionals should work with suppliers who have a proven track record of ethical and sustainable production practices.

Ethics 52

Ethics Sustainability Supply chain Suppliers 52

Empowering CPO

FEBRUARY 23, 2024

Introduction In the dynamic world of procurement, artificial intelligence (AI) is rapidly reshaping the sourcing landscape. As businesses seek agility, cost optimization, and data-driven decision-making, AI-powered solutions are becoming indispensable for procurement professionals. Ethical AI practices build trust.

Procurement 52

Procurement Ethics Agile and Lean Supply Chain Supply Chain Optimization 52

Empowering CPO

JULY 2, 2023

Introduction In an increasingly interconnected and competitive business landscape, the role of procurement has transformed from a supporting function to a strategic powerhouse. Traditionally, procurement was seen as a tactical, back-office process, primarily focused on buying goods and services at the lowest possible cost.

Management 52

Management Procurement Strategic sourcing Strategic sourcing 52

Procurement Templates

APRIL 15, 2024

Imagine starting a new procurement role where you have a real chance of making changes and influencing the procurement direction. Review Existing Processes: Analyze current procurement processes, systems, and documentation to identify strengths, weaknesses, and areas for improvement.

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Procurement team Contract management Innovation Suppliers 130

World of Procurement blog

MAY 10, 2024

The Promise of AI for Procurement Teams Artificial intelligence (AI) has the potential to transform and revolutionize procurement processes. By leveraging technologies like machine learning, natural language processing, and neural networks, AI-driven solutions can help procurement teams work smarter, faster, and more efficiently.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

World of Procurement blog

APRIL 23, 2024

The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. Effective procurement strategies require a deep understanding of market trends, supplier landscapes, and the latest technologies.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52