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With collaborative procurement, we can find valuable partners within treasury, product development, legal, line-of-business, and suppliers, and extend the value of procurement beyond its four walls. Publication Procurement MORE
Having sustainable procurement in building industry as the acquisition of product or services which can minimize or provide positive environmental impact throughout the factoring of environmental concerns into major purchasing strategies, policies, directives and practices. MORE
The post Negotiating Techniques for Construction Procurement appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management. Publication ProcurementAs a professional purchaser, negotiation skills will place one at an upper hand. MORE
The key drivers of sustainable procurement were found to be, social and environmental factors into thought along with financial factors in making procurement decision. Publication Procurement MORE
Modern procurement processes integrate several technologies to better process internal business operations. Organizations are rapidly using automated procurement management tools, whether using enterprise resource planning (ERP) or less advanced tools. Publication Procurement MORE
One of the important processes in the manufacturing plant is procurement which is also a control mechanism of the flow of materials into the from the vendor or supplier. Publication Procurement MORE
Supply risk has always been a major challenge in the procurement practice since centuries ago. The post Problems and Consequences of Poor Procurement appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management. Publication Procurement MORE
Procurement plays a key role in the development of the circular economy in the product engineering service sector. Also procurers can stimulate the market to arrive at a circular supply by specifically asking for circular solutions. Publication Procurement MORE
The purpose of identifying and selecting an appropriate procurement consideration is to find the best way to obtain the solution and result to satisfy the needs of the end user for obtaining the most advantageous pricing and contractual conditions through a competitive process. MORE
Integrated facility management procurement process is a process of integration within an organisation, taking care of maintaining and developing the agreed services which support and improve the effectiveness of its primary activities. Publication Procurement MORE
Many companies are getting ready for (or perhaps have already completed) their annual transportation procurement engagement. But has the time come to transform the transportation procurement process? Read more Transportation Procurement: Finding an Alternative. MORE
The post Key Focus Areas for Expediting Procurement appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management. Publication ProcurementExpediting purchases in inbound logistics is normal but it is painful for many companies who use this approach. MORE
Sustainable procurement has been introduced to a public and private organization for decades and it has now become a “must have” key element to integrate in business strategy for company competitive advantages and sustainable development. The survey conducted by EcoVadis and HEC about the results attribute to Sustainable Procurement program showed 76% of the procurement […]. The post Key Considerations for Sustainable Procurement appeared first on SIPMM INSTITUTE. MORE
Procurement has grown significantly more strategic over the past twenty years, now, digital supply chain management and analytics are bringing new strength to the strategic role. Digital procurement is an exponential shift that allows organizations […]. Publication Procurement MORE
In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. Procurement Supply Chain Planning MORE
Social and environmental factors are top priorities to be embedded into procurement and buying functions, to create a sustainable procurement strategy. The procurement strategy will strengthen partnership and facilitate smooth integration. Publication Procurement MORE
The procurement function in the construction industry has resisted change for many decades. The post Methodologies for Construction Procurement appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management. Publication Procurement MORE
The objectives of the organization must be aligned such that all functions, including procurement and supply chain can work towards the same goals of corporate sustainability and not struggle with each other. Publication Procurement MORE
Successful procurement strategy benefits are usually derived from adequate and efficient procurement procedures that achieve cost optimizing that meet user requirement. The post Major Pitfalls for Effective Procurement Practices appeared first on SIPMM INSTITUTE. MORE
SEPTEMBER 30, 2020
Procurement refers to the process of sourcing or obtaining goods and services. However, no single procurement policy is effective without […]. Publication Procurement MORE
Procurement departments of all companies’ sizes recognize that controlling both direct and indirect spending is an important part of keeping costs down. Publication Procurement MORE
Agile Procurement is to purchase a solution according to the needs and wants of the customer (made changes throughout the process) instead of following on a product specification being established in the beginning of a project. Publication Procurement MORE
Procurement is a purchasing process that controls quantity, quality, sourcing and timing to ensure the best possible total cost of ownership. Digital technologies are enablers and supporting procurement in this direction. […]. Publication Procurement MORE
Procurement fraud is a growing global problem. Procurement fraud relates to purchasing goods, services or commissioning construction projects from third parties. The post Fraud Prevention Strategies for Construction Procurement appeared first on SIPMM INSTITUTE. MORE
But how can companies turn this abundance of data into actionable insights to make smarter and more effective operational and procurement decisions? Read more Leveraging Data to Drive Operational & Procurement Decisions in Transportation. MORE
The post Lean Procurement Practices for Reducing Food Waste appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management. Publication Procurement MORE
The post Artificial Intelligence (AI) in Procurement for the Hotel Industry appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management. Publication ProcurementWith the 4.0 digital era industry now, digital and AI are interconnected. MORE
The post Crucial Applications for Procurement Artificial Intelligence appeared first on SIPMM INSTITUTE. Publication ProcurementArtificial Intelligence (AI) is one of the digital technologies progressing rapidly and is a current topic of broad interest. MORE
Digital technologies for procurement are advancing by leaps and bounds in the age of digitalisation. The post Digital Procurement for Supplier Compliance Risk Evaluation appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management. Publication Procurement MORE
Rapid advancements in digital technologies nowadays and the application of these disruptive technologies in Procurement enables strategic sourcing become more predictive, transactional procurement become more automated, and supplier relationship management become more proactive. MORE
Ship management procurement prospect has changed effectively. Procurement costs can be substantial owing to the size of the business itself. The post Digital Procurement for Ship Supplies Operations appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management. MORE
And then last year, the pandemic upended the transportation market once again, and its effects are still shaping today’s procurement practices. Read more Taking a Targeted Approach to Contract Capacity Procurement. MORE
The post Main Considerations for Sustainable Procurement appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management. Publication Procurement MORE
Earlier this year, in a presentation at the Manhattan Momentum Connect conference, Dr. Chris Caplice from MIT argued that “the dominant design in transportation procurement is now outdated and it’s time to transform the process.” Read more Time to Transform Transportation Procurement? MORE
Procurement Related Topics SIPMM Professional Publications
JANUARY 31, 2021
The post Artificial Intelligence (AI) in Procurement for the Hotel Industry appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management. Publication ProcurementWith the 4.0 digital era industry now, digital and AI are interconnected.
Talking Logistics
JANUARY 11, 2021
Many companies are getting ready for (or perhaps have already completed) their annual transportation procurement engagement. But has the time come to transform the transportation procurement process? Read more Transportation Procurement: Finding an Alternative.
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SIPMM Professional Publications
OCTOBER 9, 2020
The post Main Considerations for Sustainable Procurement appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management. Publication Procurement
SIPMM Professional Publications
JANUARY 5, 2021
Modern procurement processes integrate several technologies to better process internal business operations. Organizations are rapidly using automated procurement management tools, whether using enterprise resource planning (ERP) or less advanced tools. Publication Procurement
Advertiser: GEP
The GEP white paper lists 5 common mistakes that impede the success of procurement professionals. Learn from industry veteran Bill Huber about the wrong and right ways to approach a procurement mandate and why just saving money isn’t enough. Download this report now to learn how to avoid the worst procurement practices.
SIPMM Professional Publications
FEBRUARY 19, 2020
With collaborative procurement, we can find valuable partners within treasury, product development, legal, line-of-business, and suppliers, and extend the value of procurement beyond its four walls. Publication Procurement
SIPMM Professional Publications
JANUARY 20, 2021
Social and environmental factors are top priorities to be embedded into procurement and buying functions, to create a sustainable procurement strategy. The procurement strategy will strengthen partnership and facilitate smooth integration. Publication Procurement
Talking Logistics
SEPTEMBER 29, 2020
Earlier this year, in a presentation at the Manhattan Momentum Connect conference, Dr. Chris Caplice from MIT argued that “the dominant design in transportation procurement is now outdated and it’s time to transform the process.” Read more Time to Transform Transportation Procurement?
SIPMM Professional Publications
APRIL 22, 2020
The post Key Focus Areas for Expediting Procurement appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management. Publication ProcurementExpediting purchases in inbound logistics is normal but it is painful for many companies who use this approach.
SIPMM Professional Publications
JANUARY 29, 2021
Digital technologies for procurement are advancing by leaps and bounds in the age of digitalisation. The post Digital Procurement for Supplier Compliance Risk Evaluation appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management. Publication Procurement
Speaker: Laura Garcia, Sr. Editor at Supply Chain Digital and Procurement Magazines
In Digitize to Survive, we’ll be showing how you can leverage today’s tech to help meet organizational objectives and not only survive but thrive in a post-pandemic world. With all the new tech available on the market, setting a digitization roadmap and knowing where to start can be difficult. We’ll help you drudge through the boundless opportunities and help clarify all the buzz. During this webinar, we’ll discuss how to take an objectives-first approach and demystify some of today’s hottest tech such as IoT, AI, and Big Data and show you how they can help build resiliency, unearth competitive advantages and optimize bottom-line results.
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SIPMM Professional Publications
OCTOBER 9, 2020
Agile Procurement is to purchase a solution according to the needs and wants of the customer (made changes throughout the process) instead of following on a product specification being established in the beginning of a project. Publication Procurement
SIPMM Professional Publications
JULY 25, 2020
Having sustainable procurement in building industry as the acquisition of product or services which can minimize or provide positive environmental impact throughout the factoring of environmental concerns into major purchasing strategies, policies, directives and practices.
SIPMM Professional Publications
JANUARY 19, 2021
Ship management procurement prospect has changed effectively. Procurement costs can be substantial owing to the size of the business itself. The post Digital Procurement for Ship Supplies Operations appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management.
SIPMM Professional Publications
MARCH 10, 2020
Rapid advancements in digital technologies nowadays and the application of these disruptive technologies in Procurement enables strategic sourcing become more predictive, transactional procurement become more automated, and supplier relationship management become more proactive.
Speaker: Adam Robinson, Director of Marketing, Cerasis
In this educational webinar, Adam Robinson from Cerasis, a leading North American Transportation Management Solutions Company, will address how automation in the supply chain is allowing companies to empower their employees with a more strategic work flow aiding in overall collaboration with peers across departments, improved business operations, more efficient manufacturing, a healthier corporate culture, and more visibility to data and processes providing the ability to gain actionable insights that lead towards actions that impact the company’s bottom line.
SIPMM Professional Publications
APRIL 24, 2020
The procurement function in the construction industry has resisted change for many decades. The post Methodologies for Construction Procurement appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management. Publication Procurement
SIPMM Professional Publications
JANUARY 5, 2021
Integrated facility management procurement process is a process of integration within an organisation, taking care of maintaining and developing the agreed services which support and improve the effectiveness of its primary activities. Publication Procurement
SIPMM Professional Publications
APRIL 4, 2019
Sustainable procurement has been introduced to a public and private organization for decades and it has now become a “must have” key element to integrate in business strategy for company competitive advantages and sustainable development. The survey conducted by EcoVadis and HEC about the results attribute to Sustainable Procurement program showed 76% of the procurement […]. The post Key Considerations for Sustainable Procurement appeared first on SIPMM INSTITUTE.
SIPMM Professional Publications
JANUARY 8, 2021
The purpose of identifying and selecting an appropriate procurement consideration is to find the best way to obtain the solution and result to satisfy the needs of the end user for obtaining the most advantageous pricing and contractual conditions through a competitive process.
SIPMM Professional Publications
JANUARY 7, 2021
Procurement departments of all companies’ sizes recognize that controlling both direct and indirect spending is an important part of keeping costs down. Publication Procurement
SIPMM Professional Publications
AUGUST 1, 2020
The objectives of the organization must be aligned such that all functions, including procurement and supply chain can work towards the same goals of corporate sustainability and not struggle with each other. Publication Procurement
SIPMM Professional Publications
JULY 22, 2020
The key drivers of sustainable procurement were found to be, social and environmental factors into thought along with financial factors in making procurement decision. Publication Procurement
SIPMM Professional Publications
JULY 19, 2020
One of the important processes in the manufacturing plant is procurement which is also a control mechanism of the flow of materials into the from the vendor or supplier. Publication Procurement
SIPMM Professional Publications
MARCH 11, 2020
Procurement is a purchasing process that controls quantity, quality, sourcing and timing to ensure the best possible total cost of ownership. Digital technologies are enablers and supporting procurement in this direction. […]. Publication Procurement
SIPMM Professional Publications
FEBRUARY 15, 2020
Successful procurement strategy benefits are usually derived from adequate and efficient procurement procedures that achieve cost optimizing that meet user requirement. The post Major Pitfalls for Effective Procurement Practices appeared first on SIPMM INSTITUTE.
Talking Logistics
FEBRUARY 17, 2021
And then last year, the pandemic upended the transportation market once again, and its effects are still shaping today’s procurement practices. Read more Taking a Targeted Approach to Contract Capacity Procurement.
Talking Logistics
MARCH 10, 2021
But how can companies turn this abundance of data into actionable insights to make smarter and more effective operational and procurement decisions? Read more Leveraging Data to Drive Operational & Procurement Decisions in Transportation.
SIPMM Professional Publications
JULY 26, 2020
The post Negotiating Techniques for Construction Procurement appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management. Publication ProcurementAs a professional purchaser, negotiation skills will place one at an upper hand.
SIPMM Professional Publications
JULY 27, 2020
Supply risk has always been a major challenge in the procurement practice since centuries ago. The post Problems and Consequences of Poor Procurement appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management. Publication Procurement
SIPMM Professional Publications
SEPTEMBER 30, 2020
Procurement refers to the process of sourcing or obtaining goods and services. However, no single procurement policy is effective without […]. Publication Procurement
SIPMM Professional Publications
OCTOBER 8, 2020
The post Lean Procurement Practices for Reducing Food Waste appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management. Publication Procurement
SIPMM Professional Publications
AUGUST 2, 2020
Procurement plays a key role in the development of the circular economy in the product engineering service sector. Also procurers can stimulate the market to arrive at a circular supply by specifically asking for circular solutions. Publication Procurement
SIPMM Professional Publications
FEBRUARY 16, 2020
Procurement fraud is a growing global problem. Procurement fraud relates to purchasing goods, services or commissioning construction projects from third parties. The post Fraud Prevention Strategies for Construction Procurement appeared first on SIPMM INSTITUTE.
SIPMM Professional Publications
MARCH 11, 2020
Procurement has grown significantly more strategic over the past twenty years, now, digital supply chain management and analytics are bringing new strength to the strategic role. Digital procurement is an exponential shift that allows organizations […]. Publication Procurement
SIPMM Professional Publications
MARCH 12, 2020
The post Crucial Applications for Procurement Artificial Intelligence appeared first on SIPMM INSTITUTE. Publication ProcurementArtificial Intelligence (AI) is one of the digital technologies progressing rapidly and is a current topic of broad interest.
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