Procurement Tactics

OCTOBER 12, 2022

Sustainable procurement statistics is a topic that many procurement professionals should know. We will discuss some topics that will enable companies to achieve sustainability in their procurement and supply chain. . 48% of the respondents have believed that sustainability will have a positive financial impact on their business. .

Sustainability 181

Sustainability Procurement Supply Chain Efficiency Supply chain 181

Procurement Tactics

OCTOBER 20, 2022

We will discuss topics that can help you understand the situation of imports in Russia. . Major Russian banks have been removed from Swift (an international financial messaging system) which has caused delayed payments to Russia for its oil and gas imports. . Russia’s Response Regarding the Sanctions. Frequently asked questions.

Import 168

Import Export Price Supply Chain Efficiency 168

Procurement Heads

JULY 19, 2023

D&I is such a broad topic; gender, sexual orientation, ethnicity, it is also cognitive diversity. You have to report what steps you are taking, so we are preparing ourselves for having to be able to financially report what we are doing. We are also fortunate to have invested in a really diverse team. Unbelievably.

Real-time Visibility 130

Real-time Visibility Procurement Sustainability Import 130

Procurement Software

JULY 11, 2023

Lack of accounting and financial reporting acumen among procurement professionals is one that I didn’t think of intitially. What are the contentious topics between Finance and Procurement? 12-month savings reporting Any cost savings are usually only recognised for a 12-month window. Internal Audit or Legal?

Procurement 52

Procurement Chief Procurement Officer Supply Chain Optimization supply chain software solutions 52

Spend Matters

MARCH 25, 2024

Stuart formed this firm after spending more than 30 years in third-party risk management, procurement, data privacy and compliance for numerous industries including financial services, life sciences and legal. And that brings us nicely onto the topic of security and provenance.

Procurement contracts 111

Procurement contracts Contract Procurement Negotiation 111

Una

NOVEMBER 30, 2022

While digital procurement has been a topic for several years, the receding pandemic and geopolitical conditions have brought the topic to the forefront of many companies. Global procurement leaders know the best value will come to their organizations not from pinching more pennies. Increased efficiency through big data.

Procurement 97

Procurement Supply Chain Efficiency Supply Chain Optimization Supply chain 97

Procurement Tactics

JANUARY 9, 2023

So without further ado, let us dive into the topic. . It is one of the major disruptors for organizations as it is driven by environmental, financial, and societal pressures. . A report by DailMail has revealed that through this move, Apple has saved up to $6.5 We will tell you ways to have a sustainable business.

Sustainability 210

Sustainability Collaboration Strategy Suppliers 210

Procurify

MAY 19, 2022

We know you want to just get on with your close, reporting, and personal tasks. Month-end reporting is required by many companies. Every month, organizations collect, review, and reconcile all of their financial and accounting records and transactions from the last month for review and reporting.

Real-time Visibility 52

Real-time Visibility Networking Collaboration e2e 52

Una

MAY 16, 2024

Protect what matters According to Statista , supply chain cyberattacks in the US impacted 2,769 entities, the highest reported number since 2017. Cybersecurity is a hot topic and should be one of your top priorities during supplier onboarding. Ensure that your systems are secure and compliant with industry standards.

Suppliers 52

Suppliers supply chain software solutions Collaboration Supply Chain Efficiency 52

IBM Supply Chain Blog

OCTOBER 16, 2023

As more businesses use AI systems and the technology continues to mature and change, improper use could expose a company to significant financial, operational, regulatory and reputational risks. They pointed out that the topic of training data, including its source and composition, is often overlooked. Increase trust in AI outcomes.

Risk 77

Risk Management Ethics Real-time Visibility 77

Jaggaer

FEBRUARY 25, 2020

According to our partner EcoVadis’s Global CSR Risk and Performance Index report , depending on their industry, 50% to 80% of a company’s sustainability impact is in their supply chain. “Businesses saw over $1 trillion in financial impacts as a result of environmental risks as reported by suppliers.” Register now.

Sustainability 71

Sustainability supply chain budgeting Supply Chain Efficiency Procurement 71

Supply Chain Game Changer

SEPTEMBER 24, 2020

Yet, when we think about digital transformation , the topic of customer loyalty is typically an unmentioned benefit and nowhere to be found in the ROI rationale. Year after year, companies report issues like lack of visibility across their supply chains. Why is that? Why does no one factor it?

Real-time Visibility 86

Real-time Visibility Supply Chain Efficiency Supply chain Price 86

Una

FEBRUARY 27, 2024

million head of cattle and calves on US farms as of January 1st, according to the Cattle report published by the National Agricultural Statistics Service. Optimistic mindsets have been linked to poor decision making: Excessive optimism can lead to poor financial decision-making, according to a study by the University of Bath.

Price 52

Price Supply Chain Optimization Import Inventory 52

SCMDOJO

MARCH 19, 2024

Remember, you should not overlook the importance of improving supply chain visibility, especially considering that the financial impacts of poor supply chain visibility are also substantial. It can also help improve the reach and performance of your content marketing efforts.

Supply Chain Visibility 77

Supply Chain Visibility Real-time Visibility e2e supply chain software solutions 77

Empowering CPO

JUNE 26, 2023

Preview of the Key Topics Covered in the Guide In this comprehensive guide to spend analysis in healthcare, we will delve into the intricacies of leveraging spend analysis to optimize costs and drive operational efficiency in the healthcare sector. Benefits of Implementing Spend Analysis in Healthcare A.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52

Procurement Leaders

JUNE 13, 2022

Topics of discussion include suppliers’: Overarching services. Financials. This considers: The supplier’s financial position, using data from Dun & Bradstreet’s Failure Score. Financial, capacity and capability risk scores. Contract split of labour, plant and materials. Supply chain risks impacting their delivery.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Contract e2e 130

Procurement Heads

JUNE 28, 2022

According to Raconteur’s report in The Sunday Times on the Future of Supply Chain & Procurement, constant problems in the supply chain have proved a real headache for many businesses over the past two years. These businesses will continue to ensure that the balanced scorecard is properly discussed, reported on and monitored.

Chief Procurement Officer 130

Chief Procurement Officer Supply Chain Optimization supply chain budgeting Innovation 130

SCMDOJO

NOVEMBER 9, 2023

When inventory control is not managed properly, it can result in various issues, such as financial losses due to overstocking or potential revenue losses from future sales. The report’s impact is further underscored by its applicability to 1st tier suppliers, extending its benefits to broader supply chain management.

Inventory control 80

Inventory control Inventory Supply Chain Optimization supply chain budgeting 80

IBM Supply Chain Blog

JUNE 26, 2023

Possibilities are growing that include assisting in writing articles, essays or emails; accessing summarized research; generating and brainstorming ideas; dynamic search with personalized recommendations for retail and travel; and explaining complicated topics for education and training.

Ethics 71

Ethics Risk Data Import 71

Let's Talk Supply Chain

FEBRUARY 12, 2024

There, he held various roles, ultimately serving as an Enterprise Application Sales Manager, where he demonstrated broad expertise across Oracle’s suite of solutions, from Financials and ERP to Supply Chain. IN THIS EPISODE WE DISCUSS: [07.13] An introduction to Dave, his background, and his role at GAINS. Some of what is new is actually old!

Innovation 52

Innovation supply chain software solutions Supply Chain Optimization Supply chain 52

Supply Chain Game Changer

SEPTEMBER 17, 2022

For example, if the platform receives money from clients under financial regulations in one nation but then transfers it to another location or country without permission or reporting to the authorities, it could face severe penalties and fines by the regulators. The procedure of KYC.

Supply chain 88

Supply chain Supply 88

The Thomas Blog

AUGUST 15, 2022

Industrial marketing can help you create a competitive strategy and drive financial success. Click Here To Read The Full State Of Manufacturing Report ]. Some popular content marketing ideas manufacturers see great engagement on are beginner-topic blog posts and how-to guides. Content Marketing And Videos.

Buyers 143

Buyers Real-time Visibility Purchasing Strategy 143

Barkers Procurement

MAY 16, 2023

The topics discussed included green supply chains, sustainable business practices, supplier ecosystems, the circular economy, collaborative procurement, collaborative consumption platforms, carbon reporting, social value and modern slavery. The Circular Economy A theme of particular interest was the circular economy.

Procurement 52

Procurement Supply Chain Efficiency Collaboration Sustainability 52

The Good Spending

OCTOBER 4, 2021

Savings measured and even reported but not actually translated into the budget cuts don't positively affect the company's financial performance. Savings reports must be verified and formally signed-off by financial control. Usually, this comes from the Financial Control, who would then adjust end-user budgets accordingly.

Procurement 52

Procurement Management Budget Price 52

Supply Chain Game Changer

FEBRUARY 10, 2021

I must say, the topic doesn’t feel any clearer. Especially in companies that grow through acquisition, where each acquisition comes with its own dissimilar systems, financial controls, and IT infrastructure. Financial controls and reporting are quickly systematized, but the remaining IT is seldom integrated onto a common platform.

e2e 105

e2e supply chain software solutions Real-time Visibility Supply Chain Efficiency 105

SCMDOJO

APRIL 22, 2022

The topic, Application of NFTs in Supply Chain Management, is buzzing in the supply chain & logistics space. With the ability to know the real-time movement of the product due to its tokenization system, a company can easily find out the owner of the asset by quick scans and running reports.

Supply Chain Efficiency 137

Supply Chain Efficiency Supply chain Real-time Visibility Supply 137

Solvoyo

JUNE 10, 2020

While it has been a trending topic across retailers for the last few years, the recent COVID-19 crisis has proven that this is not a “nice-to-have”, but indeed a “must-have” capability in order to stay alive. Solvoyo has been recognized as Representative Vendor in both of these reports. 2) Early Detection.

Category management 52

Category management Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Analytics 52

SupplyShift

SEPTEMBER 8, 2021

The first is data collection, where businesses inform and prepare suppliers for an upcoming assessment, then collect data from suppliers on relevant sustainability topics. It’s crucial that you show your suppliers what value they’ll gain, whether that’s a better understanding of their performance or financial incentives.

Suppliers 52

Suppliers Supply Chain Efficiency Sustainability Supply chain 52

SupplyShift

SEPTEMBER 8, 2021

The first is data collection, where businesses inform and prepare suppliers for an upcoming assessment, then collect data from suppliers on relevant sustainability topics. It’s crucial that you show your suppliers what value they’ll gain, whether that’s a better understanding of their performance or financial incentives. .

Suppliers 52

Suppliers Supply Chain Efficiency Sustainability Supply chain 52

Supply Chain Collaborator

SEPTEMBER 19, 2016

A recent issue of Transport Topics posited the following ideas in three separate articles. Headline 1: US Fleet Size Surpasses 4 Million, Report Says. The post 3 Transport Topics Headlines Validate the UltraShipTMS Approach appeared first on UltraShipTMS.

Logistics 60

Logistics Leadership Management Price 60

Planergy

JUNE 1, 2023

Accounts payable is also responsible for providing accounting with all necessary AP reports. Creating a policy for writing off accounts payable is important, as the International Financial Reporting Standards, or IFRS-9, lists two conditions when accounts payable may be written off. What Is the Typical AP Process?

Purchase orders 52

Purchase orders Purchasing Suppliers Import 52

Procurement Leaders

JUNE 1, 2022

The commitment is audited every year, with Schneider reporting on its performance every quarter and including this information in the company’s financial disclosures. This helps to invigorate discussion on the topic. These included building a decarbonisation programme, setting emission-reduction targets and cutting emissions.

Strategy 130

Strategy Sustainability Supply Chain Efficiency Suppliers 130

SupplyShift

MAY 27, 2021

During our supply chain emissions webinar on May 19th, industry leaders from CDP , Engie Impact , and Philip Morris International came together to explore trends in Scope 3 emissions reporting and what tools and strategies are out there to turn supplier data into action on Scope 3. . We have seen similar increases in data reported to CDP.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Supply 52

Supply Chain Game Changer

SEPTEMBER 16, 2020

Other industries that don’t ship physical goods (for example Financial Services or Insurance) have adopted sophisticated Strategic Sourcing methodology for their Procurement. We first wrote about this topic in 2014 – if you can believe it – and unfortunately, in the intervening years, not too much has changed. What’s more?

Supply chain 54

Supply chain Leadership Supply Supply chain management 54

Pipefy

JANUARY 10, 2024

The financial aspect is also intriguing – remote workers earn on average $19,000 more than their in-office counterparts, and those in hybrid models report the highest average salaries, emphasizing the potential economic benefits of these work arrangements when workers are able to maximize their productivity.

Data 52

Data Strategy Change management Real-time Visibility 52

Solvoyo

JUNE 9, 2020

While it has been a trending topic across retailers for the last few years, the recent COVID-19 crisis has proven that this is not a “nice-to-have”, but indeed a “must-have” capability in order to stay alive. Solvoyo has been recognized as Representative Vendor in both of these reports. . 2) Early detection.

Category management 52

Category management Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Analytics 52

Supply Chain Collaborator

JULY 29, 2015

An article in this week’s Transport Topics detailed the operational challenges facing intermodal shippers in the face of growing economic activity. The article reports that intermodal carriers are having a great year in spite of “an array of operational, financial and technical issues” challenging their ability to handle the growth.

e2e 60

e2e Route optimization Supply Chain Optimization Supply Chain Efficiency 60