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The continuing effects of the global coronavirus pandemic are being felt in unexpected ways. Across the United States right now, desperate parents are coping with a nationwide baby formula shortage.
• The goal of procurement is to keep up with an organization’s emerging product and supply chain needs to meet the business’s end goals. • Procurement is a strategic process involving identifying, selecting, negotiating, and settling contracts with suppliers. But what is the purpose of procurement? • Procurement aims to purchase the highest-quality products at […].
Learn how Körber leveraged Ivalua’s software tools to automate and streamline tactical activities while keeping strategy front and center. Session REPLAY. The global supply chain is undergoing an incredible transformation that will change the way we do business. Today, organizations are looking to build supply chain resilience and maximize opportunities for growth as we pivot and prepare for unexpected global events. .
“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.
Chances are you’re already using LinkedIn to keep an up-to-date roster of contacts, check out what connections are up to, scout out potential hires, and send messages. This powerful tool serves as much more than a social network or recruiting outlet, though — it can play a major role in generating leads and sales for your industrial company. There are a few steps for you to benefit from using LinkedIn to connect with people in their industry, so we wanted to lay out a few tips on how to get star
Major railroads, including Union Pacific and BNSF, and their unions remain at an impasse after a government board ended efforts to mediate a settlement, a move which will likely force President Biden’s administration to intervene.
Travel and expenses are essential to operations and growth for businesses of all sizes. But how do companies determine what are acceptable business expenses –or the contrary? Here’s where official travel and expense policies come into play.
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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.
Travel and expenses are essential to operations and growth for businesses of all sizes. But how do companies determine what are acceptable business expenses –or the contrary? Here’s where official travel and expense policies come into play.
USTR has announced it will reinstate through the end of this year more than 350 previously expired China duty exclusions under Section 301 of the Trade Act of 1974. It’s important to act now to identify qualifying exclusions and estimate potential duty refund amounts.
It shouldn’t be easier to find the answer to ‘Who is the smartest person in the world?’ than it is to find a certain piece of data in a contract. Unfortunately, for many tasked with managing an organization’s contracts, this is the case — even for those using contract management software.
Dr Deborah Hemming, of the Met Office, explores climate change and its likely impact on procurement and supply functions. This includes the effects on food supply, the underdeveloped world, farming, and how technology and people can adapt to the future. Climate change is a huge topic. But what does it mean for our future supply chains? Recent reports by the Intergovernmental Panel on Climate Change (IPCC) have shown – unequivocally – that human influence has warmed the global climate and that e
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
Warehouse work has been transforming at an amazing rate over the past several years and operators are constantly looking for new, innovative ways to deliver immediate, impactful improvements in productivity and accuracy. .
Listen in Apple Podcasts Listen in Spotify Listen in Google Podcasts Episode show notes “How do you make sure that sustainability is not a compliance play, it’s not a nice-to-do and a tick box? Put it right in your business strategy.” From Simon King’s eventful early career, to his hugely … Continued. The post Small Sustainability Changes to Make a Mighty Impact with Sustainability & ESG Senior Leader, Simon King – Episode 58 appeared first on Talent Drive.
Industrial buying has been subjected to research for over half-century. Instead of looking at the act of buying as a spontaneous event, researchers viewed it as a series of patterns explained by the nature of actors, demands, and relationships. Buygrid Framework: An introduction to industrial buying theory The Buygrid Framework (1967) classical procurement theory analyzes the industrial (B2B) buying behavior and business processes.
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 well-orchestrated, automated warehouse requires a smart fulfillment software platform that can tie together all the data-management systems that go into warehouse operations, says Akash Gupta, chief technology officer and co-founder of one-stop warehouse automation provider Grey Orange.
Being ethical means being in accordance with the rules or standards for right conduct or practice, especially the standards of a profession. Ethics play a major role in procurement and with the increasing use of technology and consumer behavior changes, it’s something to take seriously as an organization. An example of how ethics comes into play in procurement is in supplier selection, evaluation, negotiation and ultimately awarding business.
Welcome to CPO News, part of our ongoing series covering the recent announcements, hirings, and notable mentions of Chief Procurement Officers and other procurement leaders. Contact us with your news story here. Javier Echevarria Joins Ingredion as Vice President and Chief Procurement Officer WESTCHESTER, Ill., June 13, 2022 — Ingredion Incorporated (NYSE: INGR), a leading global provider […].
Exxon Mobil Corp., Marathon Petroleum Corp. and the other top U.S. oil refiners are on course to reap a combined $10 billion in profits this quarter even as President Biden lambasts the industry for closing plants.
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.
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