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Procurement Playbook

Procurement Templates

A procurement playbook is a comprehensive document or set of guidelines that outlines the processes, procedures, best practices, and standards for managing procurement activities within an organization. It serves as a reference guide for procurement professionals and other stakeholders involved in purchasing goods and services.

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14 Reasons Why Procurement Shouldn’t be in Charge of Valentines Day

Procurement Templates

Happy Valentines day, here is some procurement satire for February the 14th! Lack of Emotional Sensitivity: Procurement departments are typically focused on logistics, cost-effectiveness, and efficiency, which may not align with the emotional nuances and sentimentality of Valentine’s Day.

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ChatGPT in Procurement — Revolutionizing the Norm

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter ChatGPT in Procurement — Revolutionizing the Norm ChatGPT is getting popular not just in procurement but also in various industries as it assists professionals in their everyday work. What is ChatGPT?

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Why should I opt for E-procurement?

ProcurePort

One such avenue that has gained significant traction in recent years is electronic procurement, commonly known as e-procurement. E-procurement uses digital tech to streamline the procurement process, from finding suppliers to buying and managing contracts. […] The post Why should I opt for E-procurement?

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GEP Procurement & Supply Chain Tech Trends Report

And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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When Procurement Bear Fruit

Procurement Templates

Ok, so we all agree that us procurement people are powerhouses to yield good results, well most of the time! So, here’s a breakdown of procurement personalities in the office if they were different fruits for you and your colleagues to debate what fits who! When procurement bear fruit who are you within the fruit basket?

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Essential Negotiation Skills for Procurement Professionals

ProcurePort

Negotiation is at the heart of procurement. Whether you’re securing the best prices, managing supplier contracts, or resolving disputes, the ability to negotiate effectively is crucial for procurement professionals. In business today, being good at negotiation is more than just getting a good deal.

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GEP Outlook 2023 Supply Chain and Procurement Report

Uncertainty is looming and the challenges supply chain and procurement leaders have been facing since the pandemic are unlikely to end in 2023. What do leaders need to know? Read the GEP Outlook 2023 report to navigate what lies ahead.

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Adopting AI Responsibly: Guidelines for Procurement of AI Solutions by the Private Sector

This World Economic Forum-GEP report offers a holistic procurement process and structured framework to select responsible AI tools. As artificial Intelligence (AI) becomes more prevalent, it’s crucial that firms adopt AI technology responsibly. Download the report today.

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Five Best Practices for Balancing Costs, Risks, and Sustainability

In the face of volatile macroeconomic conditions and other complex challenges, supply chain and procurement pros must strike a tough balance between seemingly contradictory demands: boosting performance and sustaining and extending business operations, all while meeting customers’ needs.

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GEP Outlook Report 2024

Procurement and supply chain leaders have faced their share of disruption and economic turmoil these past four years. The GEP Outlook 2024: Procurement & Supply Chain report analyzes global business trends and explores seven vital leadership themes that will equip you to make the most of the year ahead.

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Building Supply Chain Resilience in the Real World

Speaker: Kelly Barner - Co-Founder & Managing Director of Buyers Meeting Point, LLC

Since 2020, procurement and supply chain professionals have faced an unprecedented set of challenges. The pandemic was just the start.

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How One Manufacturer Used GEP SOFTWARE To Save $45M in Direct Material Sourcing

Multiple legacy systems prevent procurement from standardizing processes and tracking what they’re spending with each supplier.

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GEP Spend Category Outlook 2023 Report

What are the risks for procurement in 2023? What should leaders do to deliver value amid uncertainties? Read the GEP Spend Category Outlook 2023 report now to build successful spend management strategies across 22 indirect & direct categories.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions.