INDUSTRY INSIGHTS YOUR PEERS ARE READING
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? MORE
Ivalua has introduced innovations in direct materials sourcing and procurement as part of its Platform Release 160 MORE
78 The post Key HACCP Methodology for Seafood Procurement appeared first on SIPMM INSTITUTE. Publication Procurement MORE
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. MORE
Asking some key questions and monitoring key metrics at each stage of the procure-to-pay process will be critical to your business’s success MORE
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Procurement is often overlooked and undervalued, yet it impacts every facet of a business. Procurement and supplier relationships have an important role to play when it comes to ensuring manufacturers and distributors meet their strategic goals. Fortunately, strategic sourcing policies for procurement can provide the ultimate competitive advantage. It’s time to streamline the procurement process, harnessing […]. MORE
As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work. MORE
At Cerasis we work with our shipper customers who procure items every day and have needs for inbound freight management as they secure those products from their vendors. The Future of Procurement is Driven by Technology. Enter The Future of Procurement , an Oxford Economics study. MORE
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 MORE
131 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 MORE
From limited visibility beyond their tier-one suppliers to teams that don't have the capabilities to deliver on the strategy, procurement officers have their work cut out for them. There’s no doubt that digital is a game-changer in procurement," said Michael Daher, U.S. MORE
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. MORE
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. MORE
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 MORE
The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. However, both logistics and procurement often become isolated in modern companies, resulting in inefficient practices and a sluggish production value. So, why do supply chain managers not take advantage of this data with respect to procurement? MORE
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? MORE
However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. As a result, an external benchmarking tool , explains Olga Rissin of CHAINalytics , offers the benefits of reducing internal spend and accessing outside data, which further drives competitive advantage and lower spend in managing the procurement supply chain. Cloud-based systems offer many benefits throughout the procurement supply chain, reports Procurious HQ. MORE
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 […]. MORE
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. MORE
As the dust has settled in Q1 of this year, many shippers have now gone out to bid through procurement processes. Within 30 days of a procurement event in Q1, they had already reduced their use of the spot market to 3.6 Procurement’s Not the Only Answer. Tim cautioned that securing rates and capacity through the procurement process is not the only way to reduce freight spend. The post Transportation Procurement: Still Standing on the Sidelines? MORE
A 2014 Deloitte survey found that 69 percent of chief procurement officers saw cost reduction as their main priority over the following 12 months. In 2018, the same survey showed that the number had jumped to 78 percent MORE
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 MORE
TenderEasy, part of logistics software specialist Alpega Group, a leader in sustainable freight procurement, has been named a 2019 Top 50 Provider to Watch, by Spend Matters, an analyst website covering the procurement and supply chain sectors. MORE
With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. 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. Publication Procurement MORE
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. MORE
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 MORE
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. MORE
If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Ethical Procurement: Some Scenarios to Consider. MORE
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 MORE
If you’ve recently joined an organization or moved into a new role that is directly related to procurement, it can be challenging to know where to start MORE
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Making changes that promote effective inbound logistics management can have a significant impact on your organization’s procurement department and team members. MORE
Digital transformation often fails because of an inability to onboard suppliers MORE
The post Data Analytics and Artificial Intelligence for Cognitive Procurement appeared first on SIPMM INSTITUTE. Publication Procurement MORE
The shift began, and in procurement we saw an increase in bid activity that has continued into 2019. Transportation Procurement: Things to Keep in Mind. The post Why Transportation Procurement is More than an Event appeared first on Talking Logistics with Adrian Gonzalez. MORE
Procurement Related Topics 
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. Publication Procurement
SIPMM Professional Publications
APRIL 4, 2019
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
SIPMM Professional Publications
OCTOBER 14, 2018
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 […].
SIPMM Professional Publications
APRIL 4, 2019
The post Key HACCP Methodology for Seafood Procurement appeared first on SIPMM INSTITUTE. Publication Procurement
Speaker: Adam Robinson, Director of Marketing, Cerasis
We’ll address how automation in the supply chain will provide employees with the following: More Strategic Procurement.
SIPMM Professional Publications
APRIL 15, 2019
The post Data Analytics and Artificial Intelligence for Cognitive Procurement appeared first on SIPMM INSTITUTE. Publication Procurement
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Logistics at MPEPS at UPV
APRIL 8, 2019
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?
SIPMM Professional Publications
OCTOBER 16, 2018
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
SIPMM Professional Publications
OCTOBER 15, 2018
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.
SIPMM Professional Publications
OCTOBER 10, 2018
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.
SIPMM Professional Publications
JANUARY 11, 2019
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.
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SIPMM Professional Publications
JANUARY 13, 2019
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
SIPMM Professional Publications
JANUARY 15, 2019
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.
Fleet Owner
MAY 9, 2019
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
Talking Logistics
FEBRUARY 13, 2019
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.
Talking Logistics
MARCH 18, 2019
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
Talking Logistics
OCTOBER 12, 2017
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?
Material Handling and Logistics
OCTOBER 30, 2018
With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing.
Talking Logistics
FEBRUARY 26, 2019
The shift began, and in procurement we saw an increase in bid activity that has continued into 2019. Transportation Procurement: Things to Keep in Mind. The post Why Transportation Procurement is More than an Event appeared first on Talking Logistics with Adrian Gonzalez.
Cerasis
MAY 7, 2019
Making changes that promote effective inbound logistics management can have a significant impact on your organization’s procurement department and team members.
Material Handling and Logistics
MARCH 9, 2018
From limited visibility beyond their tier-one suppliers to teams that don't have the capabilities to deliver on the strategy, procurement officers have their work cut out for them. There’s no doubt that digital is a game-changer in procurement," said Michael Daher, U.S.
Supply Chain Brain
APRIL 30, 2019
A 2014 Deloitte survey found that 69 percent of chief procurement officers saw cost reduction as their main priority over the following 12 months. In 2018, the same survey showed that the number had jumped to 78 percent
Fleet Owner
OCTOBER 4, 2018
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
Cerasis
SEPTEMBER 22, 2016
The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. However, both logistics and procurement often become isolated in modern companies, resulting in inefficient practices and a sluggish production value. So, why do supply chain managers not take advantage of this data with respect to procurement?
Supply Chain Brain
APRIL 3, 2019
If you’ve recently joined an organization or moved into a new role that is directly related to procurement, it can be challenging to know where to start
Material Handling and Logistics
MAY 2, 2019
Digital transformation often fails because of an inability to onboard suppliers
Material Handling and Logistics
SEPTEMBER 24, 2018
Ivalua has introduced innovations in direct materials sourcing and procurement as part of its Platform Release 160
Cerasis
SEPTEMBER 17, 2015
At Cerasis we work with our shipper customers who procure items every day and have needs for inbound freight management as they secure those products from their vendors. The Future of Procurement is Driven by Technology. Enter The Future of Procurement , an Oxford Economics study.
Talking Logistics
APRIL 2, 2018
As the dust has settled in Q1 of this year, many shippers have now gone out to bid through procurement processes. Within 30 days of a procurement event in Q1, they had already reduced their use of the spot market to 3.6 Procurement’s Not the Only Answer. Tim cautioned that securing rates and capacity through the procurement process is not the only way to reduce freight spend. The post Transportation Procurement: Still Standing on the Sidelines?
Logistics Bureau
NOVEMBER 14, 2018
If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Ethical Procurement: Some Scenarios to Consider.
Logistics Business Magazine
APRIL 23, 2019
TenderEasy, part of logistics software specialist Alpega Group, a leader in sustainable freight procurement, has been named a 2019 Top 50 Provider to Watch, by Spend Matters, an analyst website covering the procurement and supply chain sectors.
Cerasis
SEPTEMBER 14, 2016
However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. As a result, an external benchmarking tool , explains Olga Rissin of CHAINalytics , offers the benefits of reducing internal spend and accessing outside data, which further drives competitive advantage and lower spend in managing the procurement supply chain. Cloud-based systems offer many benefits throughout the procurement supply chain, reports Procurious HQ.
Fleet Owner
MARCH 14, 2019
Asking some key questions and monitoring key metrics at each stage of the procure-to-pay process will be critical to your business’s success
Cerasis
FEBRUARY 19, 2016
As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work.
SYSPRO Smarter ERP
APRIL 19, 2019
Procurement is often overlooked and undervalued, yet it impacts every facet of a business. Procurement and supplier relationships have an important role to play when it comes to ensuring manufacturers and distributors meet their strategic goals. Fortunately, strategic sourcing policies for procurement can provide the ultimate competitive advantage. It’s time to streamline the procurement process, harnessing […].
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