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

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

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

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

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

Speaker: Adam Robinson, Director of Marketing, Cerasis

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.

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

Procurement KPIs that make sense

Fleet Owner

Here are six KPIs that make sense for your procurement efforts

Six Essential Strategies for Sustainable Procurement

SIPMM Professional Publications

Sustainable procurement is a spending and investment process typically associated with public policy, although it is equally applicable to the private sector. The post Six Essential Strategies for Sustainable Procurement appeared first on SIPMM INSTITUTE. Publication Procurement

Essential Technology Application for Public Procurement

SIPMM Professional Publications

Procurement professionals should identify and implement technology that aides the procurement process and supports the overall strategy of the organization. The post Essential Technology Application for Public Procurement appeared first on SIPMM INSTITUTE.

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.

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

Digital Procurement for the Banking Sector

SIPMM Professional Publications

This is what most organizations, especially CPOs in banks, are talking about when they think of procurement. The post Digital Procurement for the Banking Sector appeared first on SIPMM INSTITUTE. Publication Procurement“More Bang(Bank) for the buck”; “Do more with less”.

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 HACCP Methodology for Seafood Procurement

SIPMM Professional Publications

The post Key HACCP Methodology for Seafood Procurement appeared first on SIPMM INSTITUTE. Publication Procurement

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.

Five Crucial Areas for Successful Transformation to Digital Procurement

SIPMM Professional Publications

Digital technologies are revolutionizing the procurement function and companies increasingly recognize that applying digital to their procurement processes can yield significant competitive advantage yet adoption of new technologies has been slow. Publication Procurement

Key Procurement Methods for Pharmaceutical Drugs and Devices

SIPMM Professional Publications

The procurement department is responsible to acquire goods and services for a business. The post Key Procurement Methods for Pharmaceutical Drugs and Devices appeared first on SIPMM INSTITUTE. Publication Procurement

Internet-of-Thing (IoT) Applications for Digital Procurement

SIPMM Professional Publications

Digital technologies will help procurement increase collaboration, analytics, and engagement using a spectrum of tools along the entire procurement value chain, from planning and sourcing to contract negotiations, order delivery, payment, and supplier management.

Effective Procurement and Key Performance Indicators

SIPMM Professional Publications

Procurement is the process of finding, agreeing terms and acquiring goods, services or works from an external source which ensures that buyer receives goods, services at the best possible price, when aspects such as quality, quantity, time, and location are compared. Publication Procurement

Key Procurement Strategy for the Oil and Gas Industry

SIPMM Professional Publications

An effective procurement strategy is not only a financial plan to manage the budget but also the workflow, and production timelines while keeping everything aligned with the company objectives. The post Key Procurement Strategy for the Oil and Gas Industry appeared first on SIPMM INSTITUTE.

Essential Strategies for a Successful Procurement Negotiation

SIPMM Professional Publications

The post Essential Strategies for a Successful Procurement Negotiation appeared first on SIPMM ACADEMY. Publication ProcurementThe importance of negotiation in business deals cannot be understated.

Effective Procurement using RFID Technology for Oil Storage Terminals

SIPMM Professional Publications

The post Effective Procurement using RFID Technology for Oil Storage Terminals appeared first on SIPMM INSTITUTE. Publication ProcurementOil storage terminals are facilities for storing crude oils and petrochemicals products worth billions of dollars.

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.

How mature is your procurement function?

Fleet Owner

Where does your business stand on a procurement maturity level? The procurement function has evolved so much in recent yearsIf you want to improve something, a good first step is to evaluate where you are and determine your strengths and weaknesses.

Essential Sustainable Practices for Procurement of Mineral Products

SIPMM Professional Publications

The post Essential Sustainable Practices for Procurement of Mineral Products appeared first on SIPMM INSTITUTE. Publication Procurement

Data Analytics and Artificial Intelligence for Cognitive Procurement

SIPMM Professional Publications

The post Data Analytics and Artificial Intelligence for Cognitive Procurement appeared first on SIPMM INSTITUTE. Publication Procurement

The Essential Strategies for a Successful Procurement Negotiation

SIPMM Professional Publications

The post The Essential Strategies for a Successful Procurement Negotiation appeared first on SIPMM INSTITUTE. Publication ProcurementIn today’s hyper-connected and increasingly competitive market, the ability to negotiate effectively is more highly valued than ever before.

Five Essential Criteria for a Successful Procurement Contract

SIPMM Professional Publications

A procurement contract is a document detailing the legally-binding agreement between a company (the buyer) and supplier who is promising to sell of products and/or services with detailed technical specifications and to fulfill the terms and conditions outlined in the agreement.

Six Procurement Best Practices for the Construction Industry

SIPMM Professional Publications

As competition intensifies in the construction market, procurement department plays a critical role in the construction industry, as it has to manage the project execution and closure in time. Publication Procurement

Six Crucial Factors on Cyber Security for Healthcare Procurement

SIPMM Professional Publications

The post Six Crucial Factors on Cyber Security for Healthcare Procurement appeared first on SIPMM ACADEMY. Publication ProcurementCyber Security is a real & ever-present concern for any organization.

Procurement + logistics

Logistics at MPEPS at UPV

So, from the procurement view, to evaluate the perfect medium point between cost and quality can be sometimes a little tricky in my experience. Does a provider of procurement logistics offer auditing services, ability to access additional resources and other specific details?

Assessing your readiness for digital procurement

Fleet Owner

Digitalization is occurring across all areas of business operations, and if you have not done so already, you need to begin exploring how you can move toward digital procurement in your operation

The Future of Freight Procurement

Talking Logistics

How should shippers and carriers approach freight procurement in the weeks and months ahead? How are advancements in transportation management systems (TMS) and other technologies helping shippers and carriers procure freight more intelligently and efficiently?

Automating the procurement process

Fleet Owner

Automating the back office operations not only eliminates paper and manual processes, but it also brings structure to the process and the people involved in your business

[Video] Streamlining and Automating the Procure-to-Pay Process

Talking Logistics

Omar Nadi, Director, Supplier Product Management at Elemica , discusses how companies can streamline and automate the procure-to-pay (P2P) process. Omar Nadi, Director, Supplier Product Management at Elemica, discusses how companies can streamline and automate the procure-to-pay (P2P) process.

Streamlining and Automating the Procure-to-Pay Process

Talking Logistics

Streamlining and automating the procure-to-pay (P2P) process is something many companies are focused on, especially those dealing with hundreds, if not thousands, of suppliers and high volumes of purchase orders, shipments, and invoices. The order procurement black hole. I began my discussion with Omar by asking him to share some of the challenges procurement people are dealing with in the procurement process. Episode Highlights Elemica P2P procure-to-pay