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If there were a shortlist of core procurement skills, benchmarking would undoubtedly be on it. And yet, for the ease. The post How to Benchmark Supplier Diversity Performance appeared first on Art of Procurement.
The e-commerce giant canceled, closed or delayed 99 facilities in its U.S. fulfillment network, according to a firm tracking the company. Amazon disputed its findings.
In advance of the new financial year, this will be an opportunity for networking and discussion around all things procurement and interim management. If interim management within procurement is your specialism, or indeed if your business has had requirements for quality interim managers in this space, then please join us for a drink or two! Spaces are strictly on a first come first served basis, so please register your interest now by completing the form below to avoid disappointment.
EPISODE 104 Leveraging the Power of a Procurement Task Force with Harold Hendrickx By Kelly Barner | March 1, 2023 With the last few years being as unpredictable as they have been, procurement has experienced a number of mindset shifts – all of which have increased our agility and resilience. In fact, procurement has undergone so many changes that comparisons to the approaches and team models seen in military settings are not out of line.
“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.
Descartes studied 1,000 supply chain and logistics executives in North America and Europe, to determine where they’re placing their innovation emphasis and technology deployment focus.
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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.
Warehouse automation is gaining traction among operators of manual distribution and fulfillment centers amid demand pressures, customer expectations driving e-commerce, workforce churn and shortages, and an emerging mix of larger and more complex facilities catering to last-mile delivery.
How do you scale operations up and down without risking inefficiencies that threaten the very core of your business? An important part of the answer lies in the deployment of smart technology.
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
For this week’s opinion piece, I’m looking at a recent article from Procurious. It comments on some data that was released by LinkedIn, showing that there are an increasing number of supply chain professionals and procurement managers who are quitting their jobs. If I quote the article: According to data released by LinkedIn to Bloomberg, in 2020-2021, the average number of supply chain managers who left their jobs, called the ‘separation rate’, increased by 28%.
This post aims to study the tendency of SaaS vendors to provide ACV offers and suggest an uncommon negotiation argument. The definition and purpose of the ACV ACV, or Annual Contract Value , is a critical metric that shows you how much an ongoing customer contract is worth by averaging and normalizing its value over one year (minus one-time fees, e.g., setup or training.
Japan faces a global slowdown, the soaring cost of raw materials and calls for firms to raise wages for their workers to help ease a cost-of-living crisis.
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.
Procurement in 5-Minutes We live and work in a busy world in which there is little time to read, watch or listen beyond the headlines. Hello, my name is Iain Campbell-McKenna, and this is “Procurement in 5 Minutes.” That’s right, in 5-minutes (or more), I promise to tackle some of the biggest challenges and deepest questions our profession and industry face daily.
Retailers should change their mindset to view returns as a profit center, not a burdensome cost, says Itamar Zur, co-founder and chief executive officer of Veho.
Sales calls can be nerve-racking, especially if you’re new to the industry or the stakes are high. They are, however, necessary for closing deals and meeting quotas. Many salespeople enter a call without a success strategy or plan. Follow these five guidelines to improve your sales calls. Let’s explore the 5 things to do on every sales call. Establish Clear Sales Call Objectives A good habit to develop before the call is to write down at least three questions you intend to ask.
Continuing supply chain threats and opportunities are the new normal. But s ome of these disruptions will also present opportunities for growth for those who are ready, willing and able to act.
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.
In this webinar, taken from our latest Supplier Experience Community session, we welcome Dr Elouise Epstein, Partner, Kearney and Lance Younger, CEO, ProcureTech. Join us as we talk through the rapidly changing ways in which procure technologies are being sourced, from agile tech sourcing through to the rise of the procurement garage and how this is reshaping the industry.
The COVID-19 pandemic has been one of the complicating factors that’s hampering warehouse worker retention, but it’s certainly not the only thing that’s made this quest even more challenging.
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.
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Like, Intent, Breakpoint — Closing Deals in Negotiation Like, intent, breakpoint will help you get your desired result in a negotiation. However, what is this strategy? For this article, we will tell you about our very own strategy called “like, intent, breakpoint” which will help you get what you want to achieve in negotiation.
This eBook explains what can happen to your shipment under the UFLPA – detention, release, or exclusion and seizure, how to minimize the risk of detention, and the challenges with existing approaches.
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.
All supply chains — including the service spares supply chain — have been transformed by the ripple effects of the past few years’ catastrophic events.
Variable market conditions and a continuously shrinking workforce have drastically crippled supply chains in recent years. Automation is the only viable option for companies looking to address labor shortages and optimize operations during times of peak demand.
The Swiss bank was ordered to take remedial measures by Finma, which include a periodic executive board level-review of the most important business relationships for counter-party risks.
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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