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Greetings During my professional career on #Procurement, working on different industries as: #PublicSector #OilGas #Renewable #energies #ONGs I have identified this 5 top traits of successful procurement professionals 1. They possess excellent negotiation skills 2. They embrace technology 3. They are detail oriented, yet have a big picture view 4. They are fiscally responsible 5. They are service minded and great communicators I invite you to follow Carmindo Penina for more insights about #Procurement.

Imagine you’re deep into a high-stakes Power sector project. Suddenly, your primary supplier goes dark. No calls, no emails, just silence. The clock is ticking, and everything hangs in the balance. This happened to one of our clients. Instead of letting the pressure mount, they turned to us. Leveraging our vast network, we not only sourced the critical components within hours but also ensured that the project met its deadline. This wasn’t just a quick fix; it was the outcome of years of building relationships and a commitment to always being ready. In the world of procurement, who you know can change everything. 🔗 Curious about how our connections can become yours? Explore more at www.bluehoundgroup.com.

Important role to help public sector customers navigate through the very real challenges of energy procurement.

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Bilal Hussain International Development Manager Procurement, Contracts, SCM, Logistics, Admin & Support Services https://lnkd.in/dzkCiKNk   PROCUREMENT ROLE IN DECARBONISING SUPPLY CHAINS AND ORGANIZATIONS: Here are some key areas where procurement can contribute to decarbonisation efforts: 1. Sustainable sourcing: Procurement teams can prioritize sourcing materials and products from suppliers with a lower carbon footprint. This can include selecting suppliers that use renewable energy, have sustainable manufacturing practices, or offer low-carbon alternatives to conventional products. 2. Supplier collaboration: Procurement can collaborate with suppliers to encourage and support their own decarbonisation efforts. This can involve jointly setting carbon reduction targets, sharing best practices, and co-investing in sustainable technologies and practices. 3. Green procurement policies: Procurement can develop and implement green procurement policies that prioritize the purchase of low-carbon products and services. These policies can include criteria such as energy efficiency, recycled content, and carbon reduction measures. 4. Life cycle assessments: Procurement can conduct life cycle assessments of products and services to identify their carbon emissions throughout their entire life cycle. This can help in making informed decisions about the environmental impact of different options and selecting the most sustainable alternatives. 5. Technology adoption: Procurement can drive the adoption of low-carbon technologies within the organization by identifying and procuring energy-efficient equipment, systems, and services. This can include renewable energy solutions, energy management systems, and smart technologies that optimize resource consumption. 6. Carbon footprint measurement: Procurement can work with suppliers to track and measure their carbon emissions. This data can then be used to set reduction targets, monitor progress, and identify areas for improvement. 7. Supply chain resilience: Procurement can assess and manage the climate risks associated with the supply chain. This involves identifying potential vulnerabilities and working with suppliers to develop strategies for adapting to and mitigating the impacts of climate change. Overall, the role of procurement in decarbonising is to drive sustainable and low-carbon practices throughout the supply chain, from sourcing materials to managing relationships with suppliers. By integrating environmental considerations into procurement decisions, organizations can make significant contributions to decarbonisation efforts and help transition to a more sustainable future.    

You may have heard that a flexible procurement strategy is time-consuming. This isn’t necessarily true. Implementing a flexible procurement strategy doesn't necessarily take up a lot of your time. Your involvement is needed, just as it would be with a fixed procurement strategy where monitoring the market is essential. With a partner like EIC, you benefit from our expertise and systems designed to manage and execute risk-managed procurement strategies efficiently. Initially, your input helps us tailor a trading strategy specifically for you. Once set, our service typically manages all trading activities in alignment with the agreed strategy. You'll have access to market intelligence and trading performance data whenever you need it, ensuring you are always informed. A dedicated Account Manager will support you and facilitate quarterly meetings to review market conditions and trading performance, guaranteeing the strategy's effectiveness. Get in touch for more information. #eicpartnership #energy #energyconsultants #energymanagement #energyprocurement #greenenergy #sustainability #sustainableenergy

Procurement in the Energy Industry As someone deeply involved in the procurement landscape, I've been reflecting on the pivotal role procurement plays in the energy sector. The energy industry is undergoing a profound transformation, driven by the global shift towards sustainability, technological advancements, and the increasing complexity of supply chains. Here are some of my thoughts on the current trends and challenges in energy procurement. Emphasis on Supplier Collaboration and Innovation In the energy sector, innovation is critical. Whether it's developing new energy-efficient technologies or finding more sustainable materials, collaboration with suppliers is key. Strong relationships with suppliers can drive innovation and ensure that new technologies are integrated smoothly into existing infrastructure. It’s about working together to push the boundaries of what's possible in energy production and distribution. Managing Risk in a Volatile Market The energy market is volatile, with prices subject to fluctuations due to geopolitical events, natural disasters, and changes in regulatory landscapes. Effective risk management is essential for procurement professionals in this sector. This involves not only securing stable contracts and diversifying supply sources but also using tools and analytics to predict and mitigate potential risks. Leveraging Digital Tools Digitalization is transforming procurement. Advanced procurement platforms and tools enable better visibility, efficiency, and control over the procurement process. From automating routine tasks to using data analytics for strategic decision-making, digital tools are enhancing the way procurement teams operate. In the energy sector, where projects are large-scale and complex, these tools are indispensable. Talent and Skills Development Finally, the importance of having a skilled procurement team cannot be overstated. As the energy sector evolves, so do the skills required. Procurement professionals need to be adept at negotiation, strategic sourcing, risk management, and using digital tools. Continuous learning and development are crucial for staying ahead in this dynamic field. In summary, procurement in the energy sector is a dynamic and challenging field that plays a crucial role in the industry's transformation. By focusing on strategic sourcing, risk management, sustainability, and leveraging digital tools, procurement professionals can drive significant value and innovation. It’s an exciting time to be part of this industry, and I look forward to seeing how procurement will continue to evolve and shape the future of energy. Feel free to connect and share your thoughts on this topic. #Procurement #EnergyIndustry #Sustainability #Innovation #RiskManagement #Digitalization 

Optimizing IT and Electrical Material Procurement: Strategies for Success In the rapidly evolving fields of IT and electrical engineering, procurement plays a pivotal role in ensuring that projects run smoothly and efficiently. At Briha Solutions we specialize in helping businesses streamline their procurement processes for IT and electrical materials, allowing them to focus on innovation and growth. Innovative Solutions for Your Procurement Needs 1. Advanced Inventory Management: Utilizing cutting-edge technology, we offer advanced inventory management solutions that provide real-time insights into stock levels and usage trends. This proactive approach enables you to optimize inventory, reduce waste, and avoid costly shortages. 2. Sustainable Procurement Practices: As the demand for eco-friendly solutions rises, our commitment to sustainability sets us apart. We source products that align with environmentally responsible practices, helping your business reduce its carbon footprint while meeting customer expectations. Enhancing Collaboration Through Technology Our procurement platform is designed to enhance collaboration between teams. With user-friendly interfaces and integration capabilities, your staff can easily access product information, place orders, and communicate with our procurement specialists—all in one place. Success Stories 1. Streamlining a Large-Scale Project: Recently, we assisted a major client in the telecommunications sector with a large-scale infrastructure project. By implementing a tailored procurement strategy, we reduced their material acquisition time by 30%, allowing them to meet critical deadlines. 2. Cost Reduction Through Strategic Sourcing: In another instance, we worked with a manufacturing company to analyze their procurement patterns. Our strategic sourcing recommendations led to a 15% reduction in overall material costs without compromising on quality. Conclusion: Your Partner in Procurement Excellence As the demand for IT and electrical materials continues to grow, having a reliable procurement partner is more essential than ever. At Briha, we are dedicated to providing tailored solutions that not only meet your needs but also drive your business forward. Let’s connect to discuss how we can optimize your procurement processes and help you achieve your strategic goals!