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

Time to Transform Transportation Procurement?

Talking Logistics

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 Chris Caplice from MIT argued that “the dominant design in transportation procurement is now outdated and it’s time to transform the process.”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?

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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

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

Waste 78

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.

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

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

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.

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

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

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

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.

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 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

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

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.

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

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.

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

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 […].

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 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

Procurement KPIs that make sense

Fleet Owner

Here are six KPIs that make sense for your procurement efforts

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

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. The best procurement practices are designed to be cost-effective and improve productivity, which also applies to a company. The post Five Best Procurement Practices for FMCG Sector appeared first on SIPMM INSTITUTE. 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. Publication ProcurementIt presents a particularly high profile and negative impact on the construction industry. It can cost a construction business millions of dollars and damage its reputation.

Procurement in the Digital Age

Talking Logistics

There has been a lot of discussion the past couple of years about digital transformation, which is impacting all aspects of supply chain management, including procurement. What’s new and different with procurement in this digital age? How can external partners help companies achieve excellence in procurement? Read more Procurement in the Digital Age. The post Procurement in the Digital Age appeared first on Talking Logistics with Adrian Gonzalez.

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. If you don’t get procurement right, the rest of the process suffers. So, what are some leading practices in getting transportation procurement. Read more Transportation Procurement: Building a Foundation for Success.

Procurement trends to watch

Fleet Owner

A report issued earlier this year by Levvel Research identified three key procurement trends that are worth watching. Procurement function shA great deal of attention has been focused on eProcurement and the value it can bring to an organization.

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. In addition, Fortune 500 companies who have taken the lead in sustainable procurement have experienced great returns. Sustainable procurement is […]. 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