procurement

When Vendease launched in January 2020, it wanted to solve the challenges and inefficiencies in Nigeria’s highly fragmented food sector using a marketplace model that connected suppliers and farms to restaurants and food businesses, with deliveries facilitated within 24 hours. But over the next couple of months, Vendease switched from its middleman role — after noticing that some of these businesses complained of delivery times, quality of food supplies and inadequate set-up to handle operations — to one where,…

Officials from Unilever, Siemens Energy and Scoutbee discussed using big data to solve supply chain challenges and create new opportunities at Digital Procurement World. Image: metamorworks/Adobe Stock Procurement teams are challenged with the exponential increase of data everywhere and bringing it all together to leverage it and make the right decisions, according to panelists speaking at Digital Procurement World in Amsterdam on Thursday. Getting data out of the supply chain and figuring out how to…

Honda Motor plans to establish a new partnership in China with Dongfeng Motor Corporation and Guangzhou Automobile Group (GAC) by the end of the year to strengthen its procurement of electric vehicle (EV) batteries, according to reports in Japan. Through the new partnership, the Japanese automaker is looking to strengthen its ties with Chinese battery giant Contemporary Amperex Technology Company (CATL) to support its EV…

Trend in single bidders by countries within the European Single Market from 2009 to 2020. Source: Author’s own compilation based on the Commission’s TED database (TED, 2022). Credit: Politics and Governance (2022). DOI: 10.17645/pag.v10i3.5295 Shouldn't common provisions for procurement within the EU lead to increased central control and better coordination? Yes, but the guidelines introduced during the COVID-19 crisis were…

You must be aware of the differences in order to choose the best instrument for your requirements On the surface, the terms procurement, product acquisition, purchasing, and supply chain management appear to be comparable. In actuality, these are multiple automation tools and diverse philosophies. You must be aware of the differences between supply chain automation and procurement in order to choose the best instrument for your requirements. What is Procurement Automation? The process of locating and…

Samsung Electronics has reportedly halted new procurement orders for a brief period, telling suppliers to either delay or reduce shipments of components and parts owing to global macro-economic conditions like rising inflation, the media reported on Thursday.A Nikkei Asia report, citing sources, said that the postponement of orders involves a wide range of components, including chips, electronics parts and final product packages.The order applies to components for multiple key product lines, including TVs, home appliances…

Electric motor maker Nidec Corp. said that it would combine group semiconductor purchases into a single procurement unit to strengthen ties with chip makers and ensure it could source key components amid continued uncertainty over supplies. "The chip industry environment is more uncertain than it has ever been," said Ryuji Omura, deputy chief technology officer of Nidec, makes motors for electric vehicles, household appliances and other products. The company's decision to centralize procurement is a sign that chip…

Top10VPN: Docs reveal Russian officials' need to circumvent their own government's internet censorship, with 236 procurement contracts for VPN tech since the war started — Russian VPN Spending Since the Invasion of Ukraine — The Russian Federal Treasury has published over 200 official procurement documents … Top10VPN: Docs reveal Russian officials' need to circumvent their own government's internet censorship, with 236 procurement contracts for VPN tech since the war…