The recent announcement of sweeping U.S. import tariffs by President Donald Trump has sent ripples across global markets. While Malaysian businesses may hope for limited direct impact, procurement teams could still face indirect challenges through disrupted supply chains and rising costs. In this article, we unpack what these tariffs mean for Malaysian procurement teams, the risks to watch for, and key steps to stay agile in an increasingly volatile trade environment.
Generative AI has the potential to transform procurement activities. By optimizing routine tasks, expediting supplier matching, automating contract analyses as well as assisting in risk management, generative AI could be a game-changer for companies looking to transform their procurement operations.
If your organization is on a free plan, upgrade today for as low as RM499 per month, or pay yearly to get 2 months free with our money back guarantee.
V-Work is excited to announce the launch of our new Managed Services Packages. With our optional add-ons, you can smoothen the transition and lighten the workload to help your team achieve more with less on WeManage Procurement
By implementing a well-planned vendor onboarding process, you are setting yourself up for success from the very first day. Here are 4 common mistakes to avoid.
In the context of Procurement, this means establishing systems and procedures for your procurement processes to that are documented, transparent, controlled, and accountable. Having a high governance system in place ensures that goods and services that are sourced not only meet the organization’s goals, but are also compliant with legal, ethical, and commercial requirements.
V-Work is proud to be at the 5th annual Chief Procurement Officer Summit 2022 (CPO2022). It was held on 16-17th Aug 2022 at InterContinental Hotel KL, where some of the biggest procurement movers and shakers gathered to share the latest trends and insights in the industry. We also made sure […]
Hwang Sin Ye
Admin