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33 Procurement Interview Questions in 2022. Download Whitepaper →. . Or receive our famous weekly newsletter. Spend Management — The Ultimate Guide of 2023. Spend management is an important process to reduce losses and mistakes. However, how do you manage your spending? In this article, we will discuss what spend management is. We will tell you the challenges and benefits of spending management.
Author: Hubert Verweij , Head of Procurement Transformation, Capgemini Invent Sweden and Finland. Previously published on Capgemini’s website. Nowadays, Procurement practitioners primarily talk about emerging topics like the reduction of scope 3 emissions, supplier-enabled innovation and supply risk management. These discussions are fed by researchers and thought leaders who emphasize the changing role of Procurement to unlock value potential, mitigate risks and reduce total lifecycle cos
Today’s small-vehicle expedited shipping offers shippers faster delivery and increased agility, which can be a competitive advantage in today’s challenging marketplace. .
“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.
Nearshoring ensures faster speed to market and quicker transit from manufacturers to customers; suppliers and retailers also enjoy the ease of operating in a more convenient time zone.
The grocer is pulling the seafood due to a change in third party verifications and ratings from the Marine Stewardship Council and the Monterey Bay Aquarium Seafood Watch program.
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The grocer is pulling the seafood due to a change in third party verifications and ratings from the Marine Stewardship Council and the Monterey Bay Aquarium Seafood Watch program.
Categories: Procurement Strategy & Planning , Risk Performance and Compliance , Services and Indirect Spend Tags: EU , Webinar On December 14, Spend Matters and KPMG are excited to be hosting a webinar to discuss how procurement organizations can find opportunities to drive sustainable value for the business in a period when money, talent and time are in short supply – a hugely topical and relevant discussion we believe in this time of austerity and looming global recession.
Categories: Procurement , Procurement Commentary , Sponsored Article Tags: EU , Sponsored Article ‘Tis the season to build those jolly-good annual budgets and plans while factoring in the uncertainties about inflation, supply chains and resources. As Procurement anticipates the year ahead, the must-have list should include a solution that can equip and empower team members and leaders with powerful intelligence to drive better business performance not just at the start of the year, but in a dyna
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
8 No-Brainer Reasons to Join a Group Purchasing Organization. By Hugo Britt | December 6, 2022. In business, a “no-brainer” is a decision that is so easy or obvious that it requires very little debate. Procurement no-brainers include low-risk, high-return activities like centralizing data , paying suppliers on time, and optimizing processes. 8 Reasons to join a group purchasing organization.
Towards the end of every year OSHA (the Occupational Safety and Health Administration) releases its list of the top 10 safety violations, which includes the specific number of violations reported in each category. Why is this list essential?
Episode 93: Empowering Supplier Diversity Managers to Drive Change with Stephanie Lokker. By Kelly Barner | December 7, 2022. Supplier diversity is a good idea – but that fact plus a vision creates very little value. It takes leadership, ownership, and a lot of hard work to convert the vision and social mission behind supplier diversity into tangible results.
With disciplined, scalable and integrated approach to e-commerce order fulfillment and returns management, DHL Supply Chain is well positioned to help retailers efficiently and profitably manage the holiday peak season and the post-holiday returns peak.
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.
A couple of weeks ago, Philip Ideson posted a LinkedIn snap poll about procurement’s negotiating leverage. He asked whether it. The post Is there such a thing as too much leverage? appeared first on Art of Procurement.
In supplier relationship management (SRM), the fundamental question we ask ourselves is, ‘What do we need from our supply base?’. This sounds simple enough and you would be forgiven for thinking that the answer is equally straightforward. Surely our requirements are to have products or services supplied to the correct specification at the right time and at an acceptable price?
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.
People with COVID can now isolate at home rather than in state facilities if they have mild or no symptoms. They also no longer need to show tests for most venues, and can travel more freely inside the country.
Rick Thomas, senior vice president of business development with GEODIS, offers an overview of current parcel carrier rates and surcharges, and what the coming peak season might look like. .
A resilient supply chain is defined by its capacity for resistance and recovery; having the capability to minimize the impact of disruption; and the ability to recover quickly. Even when the current crisis subsides, there will always be the next one on the horizon, making this a critical component of ongoing planning for corporate executives. Habitually, companies think of the tangible benefits of increasing resiliency as an organizational defense – reducing downtime, limiting productivity loss,
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.
Global Container Terminals’ owners Ontario Teachers’ Pension Plan, IFM Investors and British Columbia Investment Management Corp. have been exploring a sale of the two container terminals.
Chief Procurement Officers face a myriad of supply risks from supplier insolvency to union strikes to geopolitical crises to inflation. However, one area of risk that has spiked in recent years but has not been given the depth of coverage that it warrants is fraud. Fraud is our fourth macro-level challenge that CPOs must address […].
The benefits of supplier centricity. As Adam Brown , Procurement Strategy & Digital Transformation at Maersk puts it, “Procurement needs to play the role of enabler, ensuring that it asserts its role in ‘getting the data shaped up,’ and using its insight and expertise to understand the supplier experience in its entirety.” . This means buyers must focus on putting themselves in the shoes of their suppliers in order to understand and remove the painful friction points.
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.
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