This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Warehouses are among the most essential elements of our global supply chain. The packaging and shipping never stop, so warehouses expend lots of energy and emissions.
From simmering geopolitical tensions to soaring energy costs and staff shortages, the challenges faced by businesses in recent months have been complex and interlinked, and procurement has a key role to play in tackling this “polycrisis”. At Procurement Leaders, we’ve been seeking out the community’s insights into how they’re dealing with these challenges and how they see things panning out in the months to come.
Coffee Prices – Historical Graph Real-time chart of historical daily coffee prices. The prices are down in U.S. dollars per Lbs. The current price is and is last updated on. The average price in the past 3 days is The average price in the past 7 days is The average price in the past 30 days is The average price in the past 365 days is Popular questions about coffee prices: Why are coffee prices fluctuating?
Procurement is a crucial aspect of any business, and it plays a significant role in ensuring that the organization runs smoothly and efficiently. As a procurement professional, you are responsible for ensuring that your organization obtains the goods and services it needs at the right quality, quantity, and price. In this blog post, we’ll discuss […] The post 6 Ways to Improve Procurement Performance appeared first on ProcurePort Blog.
“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.
In today’s competitive business landscape, it’s essential to ensure that your procurement process is streamlined and efficient. A smooth procurement process can help your organization save money, reduce risk, and enhance collaboration with suppliers. However, simplifying and streamlining procurement is often easier said than done. In this blog post, we’ll discuss six ways to simplify […] The post 6 Ways to Simplify & Streamline Your Procurement Process appeared first
Labeling products as “not for the EU” will be one of the most visible changes to result from Brexit in Northern Ireland and the rest of the U.K.
122
122
Sign up to get articles personalized to your interests!
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
As the plant-based meat company prepares for a national retail launch this year, Elizabeth Fikes and Joseph Johnston have been hired to run more traditional manufacturing functions.
Categories: Commentary , Conferences , ERP , Source to Pay Tags: Webinar Jaggaer has released the recording of its recently held webinar “Elevating your source-to-pay tech strategy in 2023.” The webinar featured Jason Busch, founder and CEO of Spend Matters, and Jennifer Glassman, a procurement and payables consultant with extensive experience in designing procurement strategies in public universities.
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
The retailer will ask its suppliers to get more “nimble” as it plans for less product and chases demand signals, according to the head of Kohl’s digital business.
Categories: Procurement Systems & Architecture , risk-compliance-management Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Visual Lease and its lease accounting solution. Visual Lease’s customers use the solution to manage real estate and equipment leases while making decisions related to contracts day-to-day. Going forward, Visual Lease intends to increase supported integrations, add new workflows and eventually pull in relevant data, such as ESG metrics.
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.
9 Innovative Purchasing Concepts for Procurement Implement various innovative purchasing concepts to ditch the old-school way of doing things and bring your procurement function up to speed. By Hugo Britt | March 7, 2023 Search Ask any old-school procurement professional about the “how” of procurement, and they will point you to the same sourcing cycle that has been used for decades: Define your business needs Float the RFQ Evaluate and select suppliers Negotiate and sign the agreement It’s a fr
Procurement is one of the most critical processes in any business. It’s also one of the most complex. Effective (and efficient!) procurement ensures that materials, supplies, and labor are available to help the business meet its goals. But procurement is also about vendor relationship management, preventing avoidable costs, and handling a high volume of incoming purchase requests.
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.
As human rights due diligence legislation evolves globally, companies are expected to up their game and do more to identify, understand, remediate, and report on their supply chains. For years leading companies have utilized ad hoc programs to address human rights. Due to changing legislation, every major company needs a human rights program, and the requirements for these programs are becoming more clear and more formal than ever before.
Following recent events like the pandemic, the shift to non-office work models, and supply chain pressures, the demand for business process transformation has accelerated. Many leaders today realize that a radical change is needed to keep up with changing business environments and requirements. This radical shift begins with reassessing existing business process management practices, strategies, and technologies.
New orders for manufactured goods contracted for the sixth straight month through February, and manufacturing output is down 1.7% from its post-pandemic peak.
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 global market shifts of the past few years have been astonishing to witness. Supply chain interruptions, worker shortages, and rising inflation costs that emerged with the pandemic have forever changed the economic landscape. But amid what seem to be perpetual shake-ups, there is good news. Far more businesses have quickly adapted to online models and remote work than anyone expected.
As Caraway Home broadens the channels through which it sells, it confronts new challenges in ensuring visibility and efficient order fulfillment, says Mark Riskowitz, vice president of operations.
Recession – a widely discussed concern and an impending reality, according to financial analysts and economists. Although it's uncertain whether a recession will occur or not, it's advisable for businesses to heed the warnings and prepare for economic headwinds. While recessions can have varying impacts on organizations - from slow collections to revenue losses, these contractions in economic activity typically last around ten months on average.
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.
Is a conflict with a large group of people solvable? What happens if it can’t be controlled? There’s a consistent undercurrent of anger, distrust, and hatred. How do you deal with that at a large scale? Gary Noesner notes that people have been convinced through propaganda to be angry. They’ve been told they’re victims.
In autonomous trucking, the new company would be competing with Alphabet’s Waymo, as well as startups Aurora Innovation, Gatik AI, Waabi Innovation Inc. and TuSimple Holdings Inc.
EDITOR’S NOTE: In a dry run for a recent Mintec webinar , “The BIG SEVEN in 2023 for Procurement” – (1,100 people registered to attend, so be sure to check it out), a ChatGPT discussion broke out between me, Mita Gupta, David Loseby, and Rob Handfield. Sometimes the most extraordinary insights pop up in the most interesting and unexpected places, and you will likely find this recording (see below) to be just that.
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.
We organize all of the trending information in your field so you don't have to. Join 69,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content