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As procurement teams become increasingly lean and strategic, how can practitioners develop deeper skills and understanding for the future? Explore how adopting modern procurement skills like data analysis, RFP automation, procurement negotiation and more translate into efficiency and effectiveness. The post Top 7 procurement skills for advancement and success appeared first on RFP360.
• Procurement is the business of sourcing goods and services from vendors. Depending on the size of the organization and the unique needs of the business, procurement can be quite complex. • And, a complex operation that takes money out of the company is one that requires a truly efficient management process if costs are […]. The post The Procurement Management Process: Managing the Bottom Line appeared first on ProcurePort Blog.
With employers struggling to fill soaring job vacancies, and Gen Z employees forecast to comprise 27% of the global labour force by 2025, the findings are both timely and significant. The most common reason cited for giving up on a potential job application was receiving a better opportunity while waiting for the other hiring process to finish (31%).
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
Hundreds of ZIP codes and cities are affected as the hurricane’s landfall on Wednesday led to flooding and destruction in the southwest part of the state.
Congestion and inflation appear to be easing and schedule reliability has improved, but market signals suggest more of a lull in the current supply chain chaos than an end in sight.
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How Cloud Computing Can Help Supply Chain! The supply chain industry is changing at an alarming rate as new technological innovations launch. Cloud storage is one of the technologies that have significantly revolutionized supply chain management. This page will look at ways in which cloud storage has impacted the supply chain sector.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Pallet Racking Selection! Are you thinking of streamlining your warehouse operations to increase efficiency and productivity? If so, worry no more as this guide gives practical insights on selecting the right pallet racking , which is critical to optimizing your warehouse efficiency.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Preventive vs Predictive Maintenance – Which is Better? (Infographic). Modern warehouses today contain a mixture of equipment, software solutions and highly skilled professionals in order to fulfill the supply chain requirements, all requiring warehouse maintenance. Over the past decade, warehouses have been a trusted source of practicing seamless logistics operations.
Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Made in America vs. Assembled in America – Defining Terms! Capitalism is an economic system characterized by the concentration of the means of production in private ownership. They are exploited exclusively to make a profit. Investments, production, set prices and resulting income depend on market forces.
Hong Kong will stick with its push to reopen to the world unless a dangerous new virus variant emerges, while stressing the financial hub has an obligation to protect mainland China from major COVID-19 outbreaks.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is the Value of Customer Loyalty? Retail seeks to convert lookers into bookers and make them come back for more. What will help you accomplish this mission? Of course, we are talking about authentic and honest real customer reviews on loyalty programs and user generated content.
Far and away the busiest of the United States' 900+ shipping ports, San Pedro Bay (represented by the ports in Los Angeles and Long Beach) is typically rife with activity when the summer winds down and the holiday season ramps up. Yet despite improvements in the flow of container traffic, volume dropped precipitously in August, according to newly released figures from the port authority.
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
The HMRC employment allowance is a great example of a relatively small but very helpful government scheme that many businesses have never heard of. It gives small businesses immediate relief from their National Insurance contributions, freeing up a little extra cash.
The sportswear giant, which makes over half of its revenue outside North America, doubled how much it thinks the soaring dollar will hit its annual revenue.
Procurement is in the middle of a tech tsunami. And if it feels like the old playbooks aren’t working anymore, that’s because they aren’t. Agentic AI. Autonomous procurement. Unified source-to-pay ecosystems. These innovations are converging and transforming how procurement teams operate. The GEP 2025 Procurement & Supply Chain Tech Trends Report breaks it all down.
Categories. Best Practice Guides. Bid Management. Business. Case Study. Circular Economy. Community Story. Contract for Change. Cyber Security. Environment and Climate. Equality and Inclusion. Government Buying Standards. House of Commons Committee of Public Accounts. Human Rights and Modern Slavery. Legislation. National Audit Office Reports. News.
Mike Cadieux quite possibly bleeds procurement. A 20+ year seasoned sourcing leader he founded Procurement Foundry in 2019, steering it to become the leading global community of sourcing and supply chain professionals, now with over 6000 members. Mike is a very active contributor to industry gatherings, chapter meetings, podcasts and 100s of interviews which he conducts with experts in the field.
Fundraising is maybe the most exciting and nerve-wracking aspect of building and growing a startup. It takes a lot of energy to tell the right story, and founders can spend the early years going from VC meetings to fundraising announcements, to new VC meetings, and so on.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Considering the suppliers’ perspective. The Procurement and Supply Chain industries have gone through many changes in the last couple of years, due to both external and internal factors, such as the COVID-19 pandemic, supply chain disruptions, adoption of technological advancements, and so on – all in the hopes of making the functions more strategic, efficient and effective.
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