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With eco-friendly operations becoming more popular, many companies are considering a switch to electric-powered fleets. In fact, Statista projects that 60% of forklifts sold worldwide in 2030 will be electric.
Procurement as a Compliance Driver: Thorough vendor due diligence is essential, encompassing financial stability, adherence to labor laws, environmental practices, and ethical conduct. Proactively including compliance requirements in contracts ensures clarity, with regular audits facilitating continuous improvement and maintaining a compliant supply chain.
“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.
Without visibility into Scope 3 emissions, companies lack the data to fully account for and demonstrate their carbon impact and risk to investors and partners.
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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.
This Spend Matters Vendor Analysis provides an overview of PayEm and its Intake-to-Pay (I2P) solution. PayEm is a relatively new vendor in the market. Since the introduction of its product in 2020, though, it has experienced rapid growth and garnered a substantial customer base that primarily consists of the middle market. The vendor specializes in intake and user configurable workflow creation, enabling customers to capture spend at the point in which employees incur spend.
It’s been a while since we brought you an episode of Thoughts and Coffee on Let’s Talk Supply Chain, but this recent episode was too good not to share. Because it was hosted by, not one, but two of our super talented live show hosts. Dyci Sfregola, host of Action Items, and Hope White, host of No Bullshipping, sat down to discuss how AI is changing the game when it comes to supply chain sustainability.
Amazon has delivered more than 4.8 billion packages in the U.S. this year, and predicts it will deliver around 5.9 billion parcels, up from 5.2 billion last year.
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
Companies across sectors are increasingly shifting manufacturing away from China in an effort to reduce vulnerability and exposure to rising labor costs. Research from Moody’s finds that large global apparel companies may fare the best when diversifying.
Logistics service providers are armed with expertise, data, technology and C-level executives who will listen to them, says Mike Riegler of One Network Enterprises.
According to a Gartner® report , “By 2026, more than 80% of enterprises will have used generative AI APIs or models, and/or deployed GenAI-enabled applications in production environments, up from less than 5% in 2023.”* However, to be successful they need the flexibility to run it on their existing cloud environments. That’s why we continue expanding the IBM and AWS collaboration, providing clients flexibility to build and govern their AI projects using the watsonx AI and
The companies say a vessel using the rotor sails can achieve a reduction of around 8% of fuel and GHG emissions, while maintaining speed and travel time.
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.
Public Sector: The Future Starts Here Kick-start 2024 with the year’s largest public sector gathering! The Public Procurement and Purchasing Innovations Conference is the must-attend event for those steering, developing, and optimizing public services. It is expected to attract over 4000 visitors, over 2000 delegates, over 250 exhibitors and over 250 speakers!
Convincing Gen Z to Choose Procurement Learn how to capture the attention of Gen Z and convince them that procurement is a career that aligns with their values and aspirations. By Hugo Britt | November 28, 2023 Search Search Gen Z currently makes up almost one-third of the world’s population and will account for 27% of the workforce by 2025 – but are they interested in joining your procurement team?
Change can be daunting. The thought of integrating a new system or tool into your current process can often feel like preparing to climb a mountain – strenuous and time-consuming. But what if we told you that with Finale, it’s more like a stroll in the park?…because that’s our goal, and we’ve been told it’s the reality for our new users! At Finale, we’ve meticulously crafted our onboarding experience to be as painless and efficient as possible, recognizing the unique challenges faced
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.
“On Nov. 21, Harvard Business Review reported on how Scoutbee ’s customers, Unilever and Siemens , use our AI-powered solutions to swiftly find and engage with alternative suppliers during unexpected disruptions.” – Scoutbee LinkedIn post (Nov. 22nd, 2023) Two immediate thoughts came to mind when I saw the above post regarding the HBR article on Scoutbee clients Unilever and Siemens’ success in leveraging the company’s technology to find alternative suppliers
How do you protect your margin? If someone wants to negotiate the price of a deal, how do you navigate that as a salesperson? In a recent episode of Negotiations Ninja, Steve Benson emphasizes, “Where there is a price, there will always be objections to that price—especially in this economy.
In modern business, the seamless management of procurement processes from initiation to final payment has become crucial for ensuring operational efficiency and financial transparency. To achieve this, organizations are increasingly turning to procure-to-pay software, solutions designed to streamline and optimize the entire procurement lifecycle.
In part 1 of this series, we introduced and framed the familiar topic of suites vs. specialists in the procurement solutions space. And last week in part 2, we looked at the benefits of selecting the broader suite approach.
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.
The Houthis have promised to target Israel over its war against Hamas in the Gaza Strip, declaring themselves part of an "axis of resistance" of Iran-affiliated groups.
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