Transportation Procurement: Finding an Alternative

Talking Logistics

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.

Cybersecurity Risk Mitigation for Digital Procurement

SIPMM Professional Publications

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

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Main Considerations for Sustainable Procurement

SIPMM Professional Publications

The post Main Considerations for Sustainable Procurement appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management. Publication Procurement

Procurement Techniques for Integrated Facility Management

SIPMM Professional Publications

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

The Five Worst Practices in Procurement

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.

Procurement Techniques to Manage Indirect Spend

SIPMM Professional Publications

Procurement departments of all companies’ sizes recognize that controlling both direct and indirect spending is an important part of keeping costs down. Publication Procurement

Procurement Considerations for Heavy Machinery and Parts

SIPMM Professional Publications

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.

Key Technologies for Agile Procurement

SIPMM Professional Publications

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

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.

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

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 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 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. 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.

Lean Procurement Practices for Reducing Food Waste

SIPMM Professional Publications

The post Lean Procurement Practices for Reducing Food Waste appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management. Publication Procurement

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Adopting Lean Practices for Effective Procurement

SIPMM Professional Publications

Procurement refers to the process of sourcing or obtaining goods and services. However, no single procurement policy is effective without […]. 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. Common goals, shared information, linked processes and systems, and above all, mutual understanding, can enhance the value of procurement’s relationships inside and outside of the enterprise. Publication Procurement

Negotiating Techniques for Construction Procurement

SIPMM Professional Publications

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.

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

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

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.

Procurement Considerations for Life Cycle Costing Acquisitions

SIPMM Professional Publications

The post Procurement Considerations for Life Cycle Costing Acquisitions appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management. Publication Procurement

Major Agreements for Negotiating Procurement Contracts

SIPMM Professional Publications

The post Major Agreements for Negotiating Procurement Contracts appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management. Publication ProcurementNegotiating contracts with suppliers play a huge part in the supply chain process.

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 ProcurementBut in recent years, new trends have proven a force to be reckoned with, as many organizations begin adopting and embracing new strategies in a bid to stay competitive.

A Quick Guide to Roles in Procurement

Logistics Bureau

For small companies, it is usually enough to have one person dealing with procurement but in large enterprises teams of people are needed, all with specific roles to play. The Finance Manager , on the other hand, controls the financial input and output of the procurement division.

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.

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

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

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

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. It is imperative that procurement organizations understand digital procurement, staying up to date cutting edge trends, technologies and how to effectively utilize […].

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

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. Satisfactory procurement activities are resulted in three major advantages: (1) cost savings, (2) product effect, and (3) technology development commitment. The post Major Pitfalls for Effective Procurement Practices appeared first on SIPMM INSTITUTE. 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. Procurement professionals are nowadays key member of firm’s core team and are actively participating in new product development, managing supplier risk and sustainable procurement. 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. According to a global study, 2017 Sustainable Procurement Barometer, conducted by EcoVadis and HEC, 97% of the surveyed supply chain professionals from a total of 120 companies regard sustainable procurement as highly important. The post Essential Strategies for Alignment of Sustainable Procurement appeared first on SIPMM INSTITUTE. Publication Procurement

A Quick Guide to Roles in Procurement

247 Customs Broker

ARTICLE SUMMARY For small companies, it is usually enough to have one person dealing with procurement but in large enterprises teams of people are needed,… The post A Quick Guide to Roles in Procurement appeared first on 24/7 Customs Broker News.