This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In January 2023, the Germany Supply Chain Due Diligence Act will come into effect, requiring businesses to monitor supply chains for human rights violations and compliance with environmental standards. The act will apply for companies with a corporate or branch office in Germany or a German workforce of at least 3,000.
Insights from a Former Procurement Manager People often ask me why I left FORVIA, a French global automotive supplier, to join QAD. In todays fast-paced business environment, digitalization has become a cornerstone of operational success, particularly in the realm of purchasing.
Earth Day (April 22nd) is a celebration of commitment to creating a safer, healthier and cleaner world, making it a natural time to reflect on the power and value of sustainable procurement programs. Procurement at the pivot point. A quick look at the regulatory landscape.
She cannot count the number of SCM software acquisition announcements that promised 1+1=10. Very few software acquisitions reach their potential. SAP company passed on a thirty-day period of first refusal to acquire the asset allowing the purchase by E2open on July 31st, 2013. Let me start with a disclaimer.
What do the Germany World Cup Team and the Boston Red Sox have in common? Ralf Kahre and Patrick Gött began their presentation with an overview of BASF’s Business Process Management (BPM) Operating Model, and then discussed how they applied the model to improve the Purchase-to-Pay (P2P) process. Fast and effective roll out.
The introduction of E-Procurement: Price and availability are not the only factors to be considered in a purchasing decision, especially now that a strong supply chain has become an unmissable element for every company in today’s business climate (Namulo, 2017).
ESG Regulations are Driving Investment in Sustainable Procurement Regardless of where you stand on the ethics behind ESG issues, you’d think consumer demand would be a clear driver for sustainable product development. Compliance appears to be a significantly larger driver for sustainable procurement than ethics or consumer demand.
Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing.
Across twenty additional countries, Amazon’s other centers are predominantly focused on fulfillment and delivery stations while some countries, like Italy, the UK, Germany, France, Spain, Singapore, and Japan also have Prime delivery facilities. Let’s Talk About Boats, Ships, and Trucks.
51st Symposium Purchasing and Logistics. Venue: InterContinental Berlin, Germany. en/all-events/51st-symposium-purchasing-and-logistics/. This is why the 51 st Symposium will cover issues on the following topics: Purchasing 2030: thinking out of the box. The value contribution of purchasing: enhancing success.
RS Integrated Supply’s Costanza Campi to speak at World Procurement Excellence Summit WARRINGTON, UK / RADNOR, PA 8 AUGUST 2023 – Costanza Campi, Senior Vice President of Global Procurement for RS Integrated Supply, has been selected to present at the upcoming World Procurement Excellence Summit in Cologne, Germany.
JAGGAER’s Amenallah Reghimi and Mic h ael Roesch recently partnered with Philip Ideson , founder and managing directo r at Art of Procurement , to bring procurement professionals a presentation on response tactics for the current global crisis. Amen : The Predictive Analytics tool is part of the JAGGAER Analytics solution.
The per share purchase price represents a 20% premium over the May 21 closing price and a 19% premium over the one month volume weighted average price per share. The acquisition establishes SAP as the leading business network, adding business-to-business collaboration to its existing solutions. billion term loan facility.
On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases. This isn’t just about purchasing power. Image via StarAir.dk). Behind the Maersk shift.
Ivalua, a global leader in spend management , today announced that Tchibo, one of the largest coffee roasters in the world, has chosen Ivalua and its partner Capgemini to digitize Source-to-Contract (S2C) for its indirect purchasing of goods and services. Ivalua is a leading provider of cloud-based Spend Management software.
Ewellix, part of the Schaeffler Group, is the leading global manufacturer and supplier of linear motion solutions, which incorporate state-of-the-art designs, components, and digital technology. The results Ewellix launched the training to their procurement and supply chain team in early November 2022 and have already seen results.
In this edition: Marion Kohlmeier, Head of supply chain planning and project purchasing at Weidmann Plastics Technology. Weidmann Plastics Technology is part of the Techniplas Group and I am responsible for three teams: Logistics planning; pre-series scheduling; and project purchasing. The third team is project purchasing.
It is also defined as the procurement, maintenance, distribution, and replacement of personnel and material. Time and again, brilliant logistics solutions have formed the basis for the transition to a new historical and economic area. Logistics has been playing a fundamental role in global development for almost 5,000 years now.
For example, in Germany, the new Supply Chain Act will mean that companies with 3,000 employees or more will be accountable for any exploitation of workers in their supply chains. Meanwhile, according to a recent Deloitte study , 45% of Gen Z consumers stopped purchasing certain brands because of ethical or sustainability concerns.
Affected by changes in production, procurement and distribution methods, warehousing has continually been pushed and pulled in different directions. In addition, Liège is equidistant from the major cities of Amsterdam (Netherlands), Frankfurt (Germany), and Paris (France). Who Will Do Your Warehousing?
Anne CARRERE welcomes the participants In the morning of October 18th 2018, Anne CARRERE from BoostAeroSpace (BAS) welcomed about 45 participants, mostly customer representatives, mainly from France, Germany and Italy, but also solution providers. First pilots from solution are expected in early 2019.
This workshop brought together Global Compact LEAD companies and other members convened to define and bring urgency to sustainable procurement, and to discuss how they can motivate and mobilize their companies to address this next frontier in Corporate Social Responsibility (CSR) progress.
Procurement and purchasing. Supply chain technology, systems, and solutions. Germany – Hamburg. Supply chain strategy development and alignment. Supply chain and logistics outsourcing. Career development in supply chain and logistics. Understanding customers and their needs. Inventory management and optimisation.
What was first coined in Germany in 2006 as a manufacturing initiative, is now a global technology-led revolution. And the transformation isn’t just limited to bleeding-edge software companies. Take Tesla, theoretically a car company, in reality a hardware platform (the car) built around a living, beating heart of software.
Updates included in this edition include: Coupa Software Entering Definitive Agreement to be Acquired. Coupa Software Enters Definitive Agreement to be Acquired. Supply Chain Matters readers may recall that Coupa Software acquired supply chain design and analytics technology provider Llamasoft for a purchase price of approximately $1.5
Ivalua, a global leader in spend management today announced that Bahlsen, a leading supplier of sweet bakery products, has selected Ivalua’s Source-to-Pay (S2P) solution to digitalize its procurement processes. Based in Hanover, Germany, Bahlsen is a traditional, successful, and modern family business. About Ivalua.
You’ll also want to get a resale license if you plan to purchase your CBD product from wholesalers. For example, BigCommerce offers full-featured solutions for merchants of all sizes, with no additional fees for selecting your own payment gateway. As your store grows, you need to scale seamlessly and find a more streamlined solution.
Define your procurement response strategy. Many countries have closed shops for non-essential and discretionary purchases, and even where they are open, consumers may be cautious about venturing to the high street, preferring to shop online. Adapting to the present and future challenges of COVID-19. Here’s another positive.
As Lynn Torrel, chief procurement and supply chain officer at Flex, explained the company’s operations during the Covid-19 pandemic, “We’ve had a few escalation calls with suppliers, and you get on a call, and there are critical needs. It helps in negotiating a solution and obtaining mutual commitments to action.
For example, according to a recent Deloitte study , 45% of Gen Z consumers stopped purchasing certain brands because of ethical or sustainability concerns. Meanwhile, in Germany, the new Supply Chain Act means that companies with 3,000 employees or more will be truly accountable for the exploitation of workers in their supply chains.
Inflation Reduction Act , which fosters consumer incentives to purchase EV vehicles if 50 percent of major battery components are produced in North America. In March of last year, Stellantis NV and battery partner LG Energy Solutions announced a joint venture to establish a $4 billion battery production facility in Windsor, Ontario.
The business and the mind-set of the company had already moved from one that used to sell products to one that manufactures and delivers complex solutions. The business is getting tougher as more and more professional buyers at Customer’s site are managing procurement and purchasing. Break – accelerate – break.
The majority of the participants was handling invoice creation or processing in the accounting, procurement and logistics departments. In Europe, for example, and specifically in Germany, invoice processing is typically faster than in America or Asia. Large companies usually have more structured and digitized processes in place.
SynerTrade, provider of purchasingsoftware and apps for more efficient procurement procedures, is growing robustly. More than 250 customers in 11 countries have already entrusted their purchasing processes to the software company with French-German roots.
An added challenge has been the ramp-up of new manufacturing facilities in Austin, Texas and Berlin Germany. Reportedly, new tooling that can produce vehicles with smaller battery packs has been delayed in China. Regarding these two new facilities, CEO Elon Musk recently described them as “ gigantic money furnaces.”
PKP Energetyka, launched the implementation of Ivalua’s state-of-the-art Procurement and Sourcing solution with the participation of OptiBuy. In recent years, the company has been consistently implementing advanced technological solutions, thus improving the quality, safety and effectiveness of its operations.
February 20th – Headquarters in Germany, production sites in 11 countries, nearly a billion in sales by 2022, 4900 employees with 7 competence centers, 600+ patents and more than 50 countries served by the sales network, the widest range of products in the elevator industry: these are the figures of Wittur, a giant in elevator components.
We assemble bespoke solutions on site. Often, we end up asking the partner in Germany or Spain or somewhere, ‘Can you air freight this? It’s a constant headache for our purchasing manager. Accurate data is essential for making the right decisions around purchasing and resource planning. The solution is hiding in the data.
Peter Guinto capped his 12-year Air Force career in procurement by serving on the federal COVID supply chain task force and becoming head of contracting for the Medium-altitude UAS Division—the unit responsible for keeping the United States’ edge in warfighting drones. Further, AI mapping tools cannot do part-site mapping.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content