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• In procurement, the balance of power can shift towards the suppliers for many reasons. First, suppliers can eliminate competition by applying a loss-leadership strategy that drives other companies out of business. • In other cases, demand far outweighs supply, making it hard for buyers to negotiate. Such circumstances make it important for procurement teams […].
Artificial intelligence has an important role to play in promoting sustainability across the supply chain, says Erin Halka, senior director with Blue Yonder.
Automation in the supply chain is certainly not new. However, recent advances in artificial intelligence-based systems have made automation far more effective.
“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.
State Attorney General Rob Bonta on Sept. 14 announced the antitrust suit challenging Amazon merchant agreements that bar sellers from offering lower prices on other sites and impose stiff penalties if they do.
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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.
How to Adjust to Evolving Technology Costs & Avoid IT Spending Mistakes. By Eric Edwards | September 20, 2022. As the ball dropped in Times Square heralding the start of 2022, a once technological juggernaut passed quietly into the history books—BlackBerry. Within two decades, Canada’s once ubiquitous smartphone company grew until another eponymous fruity IT company introduced its iPhone.
While dealmaking often focuses on food or beverage brands, more companies are buying plants to ramp up production, widen an offering’s reach and lessen dependence on outside manufacturers.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 7 Ways to Manage Construction Employees! Civil engineering and architecture are more complicated subjects than anyone outside the industry can fully realize. It’s true that the advent of digital technology has enabled us to do a lot more with construction projects, at a much faster pace, but there is always another side to every coin.
Categories: Sponsored Article Tags: Sponsored Article Being largely overlooked in the past, indirect spending has started to receive due attention from senior procurement management. It's not surprising, as, on average, indirect spend equals 50 percent of a company's purchases. With a proper approach and well-planned strategy, companies are expected to achieve as much as 25 percent of savings, improve the quality of products and services they provide and strengthen their business operations.
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. Logistics at Risk! Charter, Outsource, or Vertically Integrate? With over $19 Trillion in goods moving through U.S. transportation networks alone, according to the Bureau of Transportation Statistics, shippers are reevaluating their shipping strategies in dealing with large-scale shipping to take better advantage of a thriving global logistics marketplace.
Categories: Analysis , P2P , Procurement Strategy & Planning , Spend Analysis , Strategic Sourcing Tags: PRO This Spend Matters PRO Vendor Analysis updates an analysis of Cirtuo, a strategy management solution. This Spend Matters PRO Vendor Analysis Update gives a refreshed overview of Cirtuo, a solution built to support strategization. There are many procurement solutions on the market and many focus on the upstream processes, S2C, which is supposed to be more strategic than the downstream
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What are the Top 10 Benefits of Bitcoin? You all know about the craze of investing in this digital cryptocurrency in this whole modern world, right. However, there are some groups which still don’t recognize this digital crypto, and it is due to having insufficient knowledge of the benefits of using Bitcoin.
Around half of all last-mile related costs are expended in the last few hundred feet because of challenges in finding the exact delivery location and, worse, deliveries fail altogether because the person making the delivery cannot find the exact right location.
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. The Supply Chain Detective and the $25M Robbery! The retail company I had joined had just invested $25 million to automate their Distribution Centre. They automated the process of fulfilling orders in individual units, or eaches, instead of case fulfillment. As I learned more and more about the system and the operation it became obvious to me that the entire paradigm that went into the $25 million investment was wrong.
The new company, Instabee, will be owned by the respective founders of the two startups as well as by Kinnevik AB, an 80-year-old investment firm started by the Stenbeck family.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Nothing gets done without people. In your everyday life and at work it is people that make everything happen. No matter what your job or career is, no matter what company or industry you work in, and no matter where you live, Human Resources are at the epicentre of everything. In this article we are featuring our Top 16 Human Resources related articles.
The negotiations between dockworkers and employers are at a virtual standstill, with the sides locked down by local concerns and unable to move to contentious wage and automation issues.
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.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Start Investing in 6 Easy Steps! Many people view investing as something that is only for the wealthy or for those who are financially savvy. However, investing money can be a great way for anyone to grow their money and secure their financial future. There are many ways to invest, and there are a variety of resources available to help you get started.
As the world continues to change at a rapid pace, category managers will need to be more nimble and adaptable than ever before. The pandemic has changed how people shop, and some of those changes are here to stay. What were once best practices are now outdated, and what were once merely trends are now becoming the new norm. Increasingly competitive markets, the rise of e-commerce, and the growing demand for private label products are just a few factors driving this change.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Pros and Cons of Bitcoin Investments ! Bitcoin is growing fast, and you are well aware that there is no other investment better than this investment. When you invest in Bitcoin you have to figure out many things. The reason is you can’t randomly invest in this digital crypto.
Asena Yosun Denizeri, VP of Retail at Solvoyo, has won the 2022 Women in Supply Chain award from Supply & Demand Chain Executive for her contributions to the industry and support of other women. The post Celebrating the Trailblazers: Women in Supply Chain Award 2022 appeared first on Solvoyo.
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.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Real Estate Management Systems Advances and Benefits! Getting a new property can be extremely exciting, especially if it is something that you have dreamed of. You might finally get your hands on the pool you have always wanted, the double garage, or a kitchen outlay that is fit for a chef, and maybe you can hardly wait!
Today I’m joined by Locus Robotics , a super innovative technology brand that is creating ground-breaking robotics technology, with the right mix of power and flexibility, to improve warehouse productivity. Locus design and build innovative autonomous mobile robots, that work collaboratively alongside people in the fast paced logistics and fulfilment industries.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The modern trading environment requires traders to react swiftly to changes in the market. This fast-paced environment has created the need for active traders to use platforms that allow them to make sharp decisions while they are in the market. FHNCapital provides its traders with the tools they need to make quick trades and move with the market flow.
Successful negotiations require careful preparation and planning. The following are the 10 Critical Steps for Negotiation Preparation: Assessing your Leverage. Identifying the Issues. Setting Targets. Deciding when to disclose targets. Developing a Strategy. Putting Negotiation Issues in order. Contingency Planning. Deciding on a location. Developing your negotiation worksheet.
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.
Ahead of the launch of HICX’s own Voice of the Supplier Survey , in which we asked 500+ large and international suppliers dealing with enterprise customers in the CPG, FMCG, Aerospace Defense and Energy sectors about their experience serving some of the biggest organizations in the world (i.e., those with a revenue of $1 billion or more), we held a webinar to find out if suppliers are being heard.
Many customers may disregard packing slips as soon as they open their packages. Yet, these pieces of paper are essential to many e-commerce businesses in various industries. Packing slips contain much information that helps businesses and customers evaluate what a package contains, reducing packing mistakes and improving communication between buyer and seller.
The underlying strategies that strengthened railroads’ bottom lines have caused friction with customers, regulators and particularly workers — giving rise to a contract dispute that threatened a nationwide shutdown of the railway system.
Professional athletes represent the top 1% in their sport. While talent will take an athlete a long way, the key. The post Mastermind LIVE Session Spotlight: Applying the Athlete’s Mindset to your Procurement Journey appeared first on Art of Procurement.
The race to dominate AI is no longer about who has the smartest algorithms — it's about who can build and scale faster. Behind every AI breakthrough lies a battle for resources: data centers, compute hardware, power, and telecom infrastructure. And right now, even tech giants are hitting a wall. Our latest white paper reveals the six critical supply chain elements that are increasingly separating AI leaders from the rest.
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