Crucial Factors for Sustainable Procurement

SIPMM Professional Publications

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

Sustainable Procurement for Green Building

SIPMM Professional Publications

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.

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Circular Procurement for Product Engineering Services Sector

SIPMM Professional Publications

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

Procurement Collaboration for Business Integration

SIPMM Professional Publications

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

How Automation in the Supply Chain Will Make Employees More Strategic & Improve the Overall Supply Chain

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.

Key Considerations for Hotel Procurement Post Covid-19

SIPMM Professional Publications

hotel procurement, several responsibilities such as sourcing for materials, negotiating for contracts, payment […]. The post Key Considerations for Hotel Procurement Post Covid-19 appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management.

Problems and Consequences of Poor Procurement

SIPMM Professional Publications

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

Procurement Techniques for Metallurgical Products

SIPMM Professional Publications

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

Key Considerations for Sustainable Procurement

SIPMM Professional Publications

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. Publication Procurement

Circular Procurement for Not-For-Profit Sector

SIPMM Professional Publications

The post Circular Procurement for Not-For-Profit Sector appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management. Publication Procurement

Procurement Methodologies for the Construction Sector

SIPMM Professional Publications

As competition in the construction market intensifies, establishing a procurement department is a key process for creating and managing contacts in construction projects. Publication Procurement

Key Drivers for Social Sustainable Procurement

SIPMM Professional Publications

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

Procurement Techniques for Improving Supplier Quality

SIPMM Professional Publications

Ineffective procurement techniques for supplier quality can be catastrophic to business growth. The post Procurement Techniques for Improving Supplier Quality appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management. Publication Procurement

Key Focus Areas for Expediting Procurement

SIPMM Professional Publications

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.

Methodologies for Construction Procurement

SIPMM Professional Publications

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

AI Technologies for Digital Procurement

SIPMM Professional Publications

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.

Essential Strategies for Public Procurement Practices

SIPMM Professional Publications

For many years, public procurement was perceived as an administrative, back-office function. The post Essential Strategies for Public Procurement Practices appeared first on SIPMM INSTITUTE. Publication Procurement

Sustainable Procurement and Technology for Circular Supply Chain

SIPMM Professional Publications

The post Sustainable Procurement and Technology for Circular Supply Chain appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management. Publication Procurement

A Strategic Roadmap for Digital Procurement

SIPMM Professional Publications

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

Essential Strategies for Alignment of Sustainable Procurement

SIPMM Professional Publications

Today, companies are increasingly recognizing the importance of sustainable procurement. The post Essential Strategies for Alignment of Sustainable Procurement appeared first on SIPMM INSTITUTE. Publication Procurement

Transportation Procurement: Building a Foundation for Success

Talking Logistics

When you think about the overall transportation management lifecycle, procurement is one of the most critical components because it plays a role in planning, execution, benchmarking, carrier relationship management, and so much more.

Major Pitfalls for Effective Procurement Practices

SIPMM Professional Publications

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.

Five Best Procurement Practices for FMCG Sector

SIPMM Professional Publications

As competition intensifies in the fast-moving-consumer-goods (FMCG) sector, procurement department plays a critical role to manage order planning with budget allocation, budget planning and cost savings, and to ensure delivery on time. Publication Procurement

Fraud Prevention Strategies for Construction Procurement

SIPMM Professional Publications

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.

Five Digital Technologies for Procurement Optimization

SIPMM Professional Publications

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

Crucial Applications for Procurement Artificial Intelligence

SIPMM Professional Publications

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.

Overcoming Key Challenges of Sustainable Procurement Practices

SIPMM Professional Publications

Companies are increasingly placing more emphasis on sustainability procurement. A global study conducted by EcoVadis revealed that 97% of 120 supply chain professionals are placing a higher level of importance on sustainable procurement than before. Sustainable procurement is […].

Key Considerations for Sustainable Procurement

SIPMM Professional Publications

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. Publication Procurement

Key Considerations for Green Procurement Practices

SIPMM Professional Publications

Having green procurement in place in the food and beverage industry will positively impact the environment as well as human health. Hence, everyone should adopt green procurement practices to curb further waste growth.As Publication Procurement

Crucial Strategies to Prevent Procurement Fraud

SIPMM Professional Publications

In today’s business world it is important for organizations to take steps towards procurement fraud prevention. Procurement fraud costs businesses millions of dollars every year, and the losses can likely be avoided if certain measures are taken to assist in procurement fraud prevention.

Procurement Tips from Trent

Logistics Bureau

Procurement Tips: Know the business strategy ; understanding what the business wants to do and how the business wants to do it. . Understand who and establish who has the authority to do what within the business.

Crucial Digital Technologies for Effective Procurement

SIPMM Professional Publications

Digital Technology permeates everything we do today, with the current and ongoing technology and maturity in our digital era digital procurement is a must-have for effective procurement. The post Crucial Digital Technologies for Effective Procurement appeared first on SIPMM INSTITUTE.

Essential Stages of a Procurement Tender for the Services Sector

SIPMM Professional Publications

The procurement team will evaluate the bids to decide which offer best suits its […]. The post Essential Stages of a Procurement Tender for the Services Sector appeared first on SIPMM INSTITUTE. Publication Procurement

Key Techniques for Successful Procurement Negotiation

SIPMM Professional Publications

The post Key Techniques for Successful Procurement Negotiation appeared first on SIPMM INSTITUTE. Publication ProcurementNegotiation takes place almost every day in our daily life whether is it negotiating for a higher salary or for a better deal when shopping.

Key Indicators for Measuring Procurement Performance

SIPMM Professional Publications

Measuring procurement performance is an important role in an organization especially in supply chain during an economic downturn. The post Key Indicators for Measuring Procurement Performance appeared first on SIPMM INSTITUTE. Publication Procurement

Spend Data Analytics for Effective Procurement

SIPMM Professional Publications

How do analytics support a Procurement Organizations? The post Spend Data Analytics for Effective Procurement appeared first on SIPMM INSTITUTE. Publication Procurement

Six Key Strategies to Avoid Procurement Fraud

SIPMM Professional Publications

The post Six Key Strategies to Avoid Procurement Fraud appeared first on SIPMM ACADEMY. Publication ProcurementOne of the significant problems faced by organizations and stores of all kinds and sizes is business fraud.