Procurement Tactics

JULY 20, 2023

Bio-Based Concrete Bio-based concrete comes from plants or other organic materials. Holcim [link] With a softer demand in concrete building materials for 2 consecutive years due to the pandemic and inflation, Holcim thrives and still holds its top spot as the leading manufacturer and supplier of concrete products. in revenues.

Price 193

Price Suppliers Sustainability Negotiation 193

Procurement Tactics

APRIL 13, 2023

Thus, it is important for companies to ensure that their business operations, especially their procurement, do not negatively affect the environment. Thus, this will allow you to take part in protecting the planet from further damage by aiming for sustainability in your business operations, especially in your procurement processes.

Sustainability 195

Sustainability Raw materials Procurement strategies Negotiation 195

Procurement Tactics

JUNE 8, 2023

Defining Supply Chain Network Design Supply chain network design refers to the process of creating and constructing a model of your supply chain in order to gain a better understanding of the resources required, costs involved, and time needed to deliver products and services to the market.

Supply Chain Optimization 211

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 211

The Thomas Blog

APRIL 13, 2023

Let's celebrate the following ten companies as the leading suppliers last month on Thomasnet.com ® : 1. Triad Magnetics Triad Magnetics is based in Parris, CA. Specializing in custom magnetics, the company's offerings include a range of transformers, inductors and chokes, and high-frequency magnetic products. Plastic Design Inc.

Suppliers 98

Suppliers Raw materials Logistics Sourcing 98

Procurement Tactics

JULY 23, 2023

Toyota, the car company, was one of the first to adopt Kaizen. Nowadays, Kaizen still continues to be an important part of lean management, helping businesses achieve their goals by constantly getting better and eliminating waste. By implementing this part of 5S, you prioritize efficiency and prevent unnecessary delays during setup.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Supply Chain Efficiency Procurement team Quality 196

Procurement Tactics

JUNE 27, 2023

Overall, the expected figures won’t change the buying attitude of consumers as meat is an important part of their diet. This company from Portland, Oregon takes pride in their custom cuts, friendly local service, and scheduled delivery services through their courteous drivers. Study Procurement Study Negotiations 1.

Price 162

Price Suppliers Negotiation Quality 162

Spend Matters

JANUARY 5, 2024

Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters Insider content. In this four-part series, he delves into the history of automation, AI and how procurement may proceed. Read part 1 here , part 2 here and part 3 here.

e2e 80

e2e Procurement supply chain software solutions Contract 80

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

IBM Supply Chain Blog

JANUARY 11, 2024

Look behind the scenes of any slick mobile application or commercial interface, and deep beneath the integration and service layers of any major enterprise’s application architecture, you will likely find mainframes running the show. So much so that many companies are afraid to make substantive changes to them. Refactoring.

Data 110

Data Leadership Inventory Collaboration 110

IBM Supply Chain Blog

JANUARY 25, 2024

Finding the right balance becomes crucial for helping ensure the success of maintenance, repair and operations (MRO) initiatives, specifically the spare parts that support them. If Operations needed a spare part that wasn’t readily available, it often resulted in equipment downtime or costly stockouts. What’s at stake?

Supply Chain Optimization 82

Supply Chain Optimization Inventory Agile and Lean Supply Chain supply chain budgeting 82

Spend Matters

APRIL 4, 2024

Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters Insider content. In the Q4 of 2023, he wrote a four-part series that delves into the history of automation, AI and how procurement may proceed.

Procurement 85

Procurement Risk management Raw materials supply chain software solutions 85

Procurement Tactics

APRIL 17, 2023

Also, you will learn how to position your company within the market for sustainable opportunities. Sustainable procurement is about the acquisition of goods and services in an environmentally-friendly manner to fulfill the needs of the company for its daily operation. However, how do you select one?

Sustainability 182

Sustainability Suppliers Influencing Purchasing 182

Procurement Tactics

DECEMBER 7, 2022

Financial supply chain or supply chain finance describes a set of technology-based solutions that helps lower financing costs and enhance the business experience for sellers and buyers connected in sales transactions. . Thus, it allows the company’s supply chain to be efficient as possible while capitalizing on cost savings. .

Supply Chain Efficiency 181

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Supply chain 181

Procurement Tactics

JUNE 23, 2023

You can reach out to people who purchased its service as their first-hand experience will give you an idea of how reliable and trusted the company brand is. The after-sales service from equipment suppliers will give you an idea how efficient their response is to customer problems and queries. link] Caterpillar Inc.

Price 130

Price Suppliers Negotiation Purchasing 130

Procurement Leaders

MAY 30, 2022

Like an increasing number of companies, property services giant CBRE recognises the value of using procurement to drive social impact through spending with diverse suppliers and social enterprises. However, this posed a challenge for CBRE’s Global Workplace Solutions (GWS) UK procurement team, because of its decentralised nature.

Suppliers 130

Suppliers Influencing Procurement team Procurement 130

Procurement Tactics

JULY 14, 2022

Having a procurement executive in your company will determine the success of your procurement process. Additionally, you may find that there are different job titles for each company but the duties are just the same. They work for an organization to buy goods and services that it needs for its daily operation. First Name.

Procurement 130

Procurement Purchase orders Purchasing Negotiation 130

The Thomas Blog

AUGUST 3, 2022

Our platform has over 75,000 categories of products and services, from alloy to zinc, for professionals like you to source from. Nearshoring Services. Major US companies are turning to nearshoring services , moving their business operations to nearby countries instead of on a different continent. Kiln Lubricants.

Supply Chain Optimization 98

Supply Chain Optimization Sourcing Demand Supply chain 98

The Thomas Blog

SEPTEMBER 12, 2022

Exciting new B2B companies are being established across the U.S. We're highlighting ten of the most notable and innovative companies below to bring some of the unique services and products they provide to the forefront. This company primarily serves the automotive, highway, and railroad industries. Asphalt Anchors.

Suppliers 98

Suppliers Quality Buyers Sourcing 98

Procurement Tactics

JUNE 28, 2023

Commodities have been around for such a long time that they are a massive part of people’s daily lives and fuel the economy. Commodities are Tangible products, which usually refer to raw materials that are used as inputs in producing other goods and services. Commodities are typically categorized into four categories: 1.

Raw materials 178

Raw materials Supply Chain Efficiency Price Market analysis 178

Procurement Tactics

JUNE 28, 2023

Negotiation Course Learn from industry experts who negotiated billion $ deals 2. These elements are the main focus of monitoring the procurement process of your company and are the factors that determine whether the procurement is efficient and feasible.  Menu Course Library 1. The key elements are typically: 1.

Supply Chain Efficiency 178

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

IBM Supply Chain Blog

JANUARY 12, 2024

Communication service providers (CSPs) are teaming up with hyperscalers to offer private wireless networks that are owned and fully managed by whoever builds them. When building out a private wireless network there is a need for supplementary elements such as orchestration, service assurance, management, monitoring and security.

Networking 64

Networking Management Import Logistics 64

Procurement Tactics

SEPTEMBER 9, 2022

The Kraljic matrix was created by Peter Kraljic and first appeared in the Harvard Business Review in 1983 to devise a means to segment the supplier base. . Despite the age of the matrix, it is still popular and useful in companies in many parts of the world. . Leverage items. Bottleneck items.

supply chain budgeting 130

supply chain budgeting Purchasing Risk Market analysis 130

Procurement Insights

OCTOBER 23, 2023

When organizations make the mistake of leading with technology, they are bending their people and processes around an equation-based model approach in which the tech is the driver for success. For example, the field service technicians had their “own” processes, performance targets, and technology.

Quality 59

Quality Procurement Suppliers Leadership 59

Strategic Sourceror

SEPTEMBER 16, 2022

From DoorDash to UberEats to Instacart and a litany of other providers, the on-demand delivery service market is a crowded one, as more services jump into the fray seemingly every day. Aware of their popularity among consumers, parent companies are seizing the opportunity as well. The company was founded in 2018.

Strategic sourcing 62

Strategic sourcing Strategic sourcing Demand Influencing 62

IBM Supply Chain Blog

JANUARY 8, 2024

In modern enterprises, where operations leave a massive digital footprint, business events allow companies to become more adaptable and able to recognize and respond to opportunities or threats as they occur. Self-service access is provided to prevent approval bottlenecks, alongside facilities to retain proper controls over usage.

Real-time Visibility 81

Real-time Visibility Export Supply Chain Efficiency Data 81

IBM Supply Chain Blog

FEBRUARY 12, 2024

Customer experience (CX) defines a customer’s journey with a company, including both direct and indirect touchpoints. Here are seven customer experience trends that can help business leaders elevate their companies and improve their CX strategies. We’re #2.”

Sustainability 78

Sustainability Strategy Real-time Visibility Data 78

ivalua

JANUARY 13, 2021

Cloud-based Procure to Pay platforms are a must-have for any company that wants to become best-class in P2P. Rules and workflow engines automate this part for you. – All spend must be supported, whether direct materials or indirect spend, products or services, CAPEX or OPEX so that users can purchase all they need.

Eprocurement 235

Eprocurement Real-time Visibility Purchase orders Budget 235

ivalua

JANUARY 30, 2023

For most procurement (and supply chain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. Most organizations are familiar with Scope 1 and 2, as they are direct and indirect emissions from your own operations. The answer is simple- suppliers and spend. POs, and invoices).

Procurement 130

Procurement Category management Suppliers Data 130

ivalua

JANUARY 30, 2023

For most procurement (and supply chain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. Most organizations are familiar with Scope 1 and 2, as they are direct and indirect emissions from your own operations. The answer is simple- suppliers and spend. POs, and invoices).

Procurement 130

Procurement Category management Suppliers Data 130

IBM Supply Chain Blog

AUGUST 9, 2023

In our blog series, we’ve debunked the following observability myths so far: Part 1: You can skip monitoring and rely solely on logs Part 2: Observability is built exclusively for SREs Observability refers to the ability to gain insights into a system’s internal behaviour based on external outputs or signals.

Import 67

Import Risk Data 67

Procurement Insights

MAY 13, 2024

I’m looking forward to part two. When I examine a company, I first determine whether it is driven by solving client problems or satisfying VC or share price requirements. Check out this post from 2016 – which is the basis for part 2 of the present series. So, too, will the service providers.

Chief Procurement Officer 40

Chief Procurement Officer Eprocurement Influencing Procurement 40

IBM Supply Chain Blog

JUNE 30, 2023

Facts about supply chains in the industrial sector According to research and surveys from Advanced Tech , Forbes , McKinsey , and S&P Global : Lead times on semiconductor fab equipment have extended to 10-14 months, and for some components lead times are 2 years. This equipment is critical to expanding capacity for chip production.

Supply chain resilience 74

Supply chain resilience Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 74

Procurement Leaders

MARCH 6, 2023

Find out more about how Nestlé is tackling the polycrisis 2. With fears of an economic downturn around the corner, companies around the world are imposing hiring freezes and cutting jobs to keep their finances in check. But there are signs of some companies taking advantage of the situation.

supply chain budgeting 189

supply chain budgeting Suppliers Risk Procurement 189

IBM Supply Chain Blog

JANUARY 19, 2024

Last year, companies spent USD 219 billion on cybersecurity and solutions alone, a 12% increase from 2022, according to a recent report by the International Data Corporation (IDC) (link resides outside ibm.com). Disaster recovery plans (DRPs) are detailed documents describing how companies will respond to different types of disasters.

Strategy 101

Strategy Data Risk Import 101

Procurement Tactics

JULY 13, 2022

We will discuss how it is critical for the company to execute these functions. . The integration of technology with procurement has helped many companies to develop. According to CIPS, procurement is usually responsible for 70% of the companies’ revenue. Negotiation is a vital part of the procurement’s function.

Procurement 130

Procurement supply chain budgeting Negotiation Contract 130

The Thomas Blog

MAY 22, 2023

Exciting new B2B companies are being established across the U.S. We're highlighting ten of the most notable and innovative companies below to bring some of the unique services and products they provide to the forefront. Based in Rochester, NY, its carbon and graphite products are among its best known. Rodix, Inc.

Suppliers 52

Suppliers Buyers Innovation Sourcing 52

Procurement Software

FEBRUARY 13, 2024

These are a part of the GHG Protocol’s corporate standard for greenhouse gas accounting. They involve activities not directly owned or controlled by the reporting company, making it trickier to nail down the numbers. These emissions are generally the most significant share of an organisation’s carbon footprint.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Raw materials Quality 52