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A further one in four (24%) executives admit they do not know if their sustainability efforts are making any positive difference at all, and 20% say they are unaware if their business has any metrics in place to measure the effectiveness of their environmental initiatives in the first place. Only 19% of respondents believe that their business is making genuine progress on its sustainable initiatives.
33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter. KPIs in Supply Chain — Everything You Should Know. KPIs in the supply chain are important as the supply chain is the backbone of any modern business. Without it, many companies will fail to deliver their products which will affect their profitability and brand. .
• Quality and timely supplies lead to business process efficiency, increased accuracy, and improved productivity. Unfortunately, you cannot have quality and on-time supplies from your vendors without a well-defined, streamlined, and effective procurement and requisition strategy. • Selecting the best suppliers is the first step to getting quality, affordable, and timely deliveries.
The continued disruption of supply chains suggests that the challenges of the COVID-19 era have been more than a blip in an otherwise stable period of global business. It’s time to take proactive action to prepare.
“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.
Retailers are stuck with questions: What happens if there aren’t enough drivers to transport products on time? How do we get more drivers with profits down? And how do we provide a cushion for elevated diesel costs?
The U.S. “is far behind other nations — even Europe, but especially China — in manufacturing batteries," one expert said.
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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.
Boeing missed out on a 40-plane deal in September, following an even bigger hit in July, when China ordered nearly 300 Airbus aircraft worth about $37 billion at sticker prices.
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
Categories: Accounts Payable , Invoicing , P2P , Purchasing , Requisition / PO Management , SAP Tags: PRO xSuite is a set of add-on solutions for SAP’s procure-to-pay (P2P) processes. xSuite targets organizations that want an easier time using the SAP ERP modules Material Management (MM) and Financial Accounting (FI). It started operations in Ahrensburg, Germany, and has since expanded to other territories including North America, Europe and APAC.
The end of the fiscal year is a critical time for finance teams. Each year, finance professionals bury their heads in the books to prepare their end-of-year accounts, statements, and financial reporting.
Shippers are worried about the railways’ ability to haul grain, as Canadian farmers harvest the nation’s third-biggest wheat crop on record and 42% more canola than a year ago.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Start Your Business’ Sustainability Journey in 5 Steps! A sustainable and environment friendly supply chain is a key component for any successful business. It helps companies to manage their resources more efficiently, reduce costs, improve quality and increase productivity.
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.
The deal with Chinese state-owned drug-maker Sinopharm to import and market its antiviral molnupiravir in China is a sign the country is considering more COVID-19 medicines from overseas developers.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Featuring Our 10 Best Warehouse Order Fulfillment Articles! There is nothing new about warehousing. Written records from ancient civilizations refer to the storage of items in bulk so that they can be used at a later date. The Bible records Egyptian people storing the surplus of agricultural goods so that they could be used in times of famine.
Episode 85: Revolutionizing the Acquisition Experience with Jaime Gracia. By Kelly Barner | October 5, 2022. When you think about frictionless procurement and leading customer experiences, the federal government is probably not the first entity that comes to mind. And yet, the work that they are doing internally and in collaboration with their supply partners is truly transformational.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Control Tower – Is Yours Real or Smoke and Mirrors? In my last article, I spoke about the hesitancy standing in the way of multi-tier visibility. But once you have that visibility the journey has only just begun. The end result will require you to have a Cognitive Control Tower.
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.
Across the world, a widespread procurement evolution is occurring. Numerous procurement reforms, constantly changing trends, and other unforeseen circumstances in the market have spurred on this evolution. To address these changes and stay ahead of the competition, procurement professionals must pivot and adapt quickly. This pivot includes those in charge of vendor management systems, supplier management, and more.
Welcome back to The Procuretech Podcast! We're continuing with our mini series where we ask influencers and industry experts for their thoughts and nuggets of advice on everything that's happening in the digital procurement world. Today we're talking about E-Auctions and E-Sourcing. Depending on how the technology's been deployed, some people might be sceptical about this topic.
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 department store chain has so far avoided the worst of an inventory pileup because it acted early and aggressively on data signaling worrisome sales trends.
What is organizational resilience? Organizational resilience is defined as the ability of an organization to thrive, adapt, and expand during times of uncertainty.
Michael Lamia, senior vice president of GEODIS MyParcel, introduces the company's new direct-to-consumer cross-border delivery service to 28 countries.
CPO Rising’s Technology Round-Up Series returns today with fresh supply management technology news and updates covering a few recent major announcements. If you are a sourcing, procurement, or spend management solution provider and you are continually innovating the way that procurement and supply chain leaders and practitioners drive value, we’d love to hear from you.
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.
For some supply chain managers, the upheavals of recent years have justified their entrenched approach of relying on excess inventory as an insurance policy. They’ve learned the hard way that old methods don’t cut it anymore.
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