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The global logistics automation market has been growing at a Compound Annual Growth Rate (CAGR) of 12.4% since 2020, the highest growth rate of any supply chain market.
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter Sustainable Procurement Strategy — Embracing Sustainability Sustainable procurement strategy allows an organization to conduct its procurement processes that support its sustainability goals and objectives. However, how do you make one?
In the modern business ecosystem, digital transformation is not just an option but a requirement. The need for streamlined operations and enhanced efficiency has made procurement software a valuable asset for organizations of all sizes. However, the journey towards successful implementation is fraught with challenges. This blog will provide a deep dive into these challenges […] The post Overcoming the Challenges of Implementing Procurement Software appeared first on ProcurePort Blog.
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter Paraguay Import and Export Statistics Paraguay’s import and export activities open a positive outlook in 2023. The Central Bank of Paraguay shared promising news that the country’s exports are 22.8% higher than the previous year’s activity.
“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.
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter Supplier Collaboration Software — What You Should Know The use of supplier collaboration software continues to rise as businesses grow and technology advances. However, what is it? For this article, we will discuss what supplier collaboration is.
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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.
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter Purchase Price Variance — Everything You Should Know Purchase price variance is an important factor for budget preparation, but why? In this article, we will discuss what price purchase variance is and why it is important.
The rail carriers say added capacity will get consumer goods to market faster, and offer more routing opportunities from one of the nation’s fastest growing ports.
The organization said indirect net proceeds from the offering are expected to be about $800 million while the company could reportedly seek a $7.5 billion valuation.
The supply chain industry has been evolving rapidly since the pandemic outbreak. After being disrupted and seriously jeopardized, the industry needed to find a way to carry out its activities and maintain its businesses. To do so, people needed to become innovative, adopt new technologies, digitalize, and even start using AI. As a result, the industry is growing, changing, and becoming more demanding, increasing the importance of language skills more than ever.
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
Implementing a lofty sustainability program isn’t just a marketing strategy to show that your company cares about the environment, and win points with consumers.
EPISODE 118 Scaling Supply Chains for Profitable Growth with Marcia Williams By Kelly Barner | June 7, 2023 Growth – especially fast growth – is such an exciting time for a company. Unfortunately, all of the good opportunities growth presents have a way of leaving a mess in their wake. It often falls to procurement and supply chain professionals to clean up the mess, using metrics and frameworks to establish order so that operational scale and profitability can follow.
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.
We are excited to inform our clients and partners that IBM Storage Defender , part of our IBM Storage for Data Resilience portfolio, is now generally available. Enterprise clients worldwide continue to grapple with a threat landscape that is constantly evolving. Bad actors are moving faster than ever and are causing more lasting damage to data. According to an IBM report , cyberattacks like ransomware that used to take months to fully deploy can now take as little as four days.
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 organizations and their data centers embrace hybrid cloud deployments, they have a rapidly growing number of vendors and workloads in their IT environments. The proliferation of these vendors leads to numerous issues and challenges that overburden IT staff, impede clients’ core business innovations and development, and complicate the support and operation of these environments.
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.
In the contemporary business environment, the efficacy of supply chain management is imperative for the… The post Mastering The Art Of Supply Chain Management With A Procurement Agent first appeared on Procurement Blog | Procurement & Supply Chain News.
EPISODE 118 Scaling Supply Chains for Profitable Growth with Marcia Williams By Kelly Barner | June 7, 2023 Growth – especially fast growth – is such an exciting time for a company. Unfortunately, all of the good opportunities growth presents have a way of leaving a mess in their wake. It often falls to procurement and supply chain professionals to clean up the mess, using metrics and frameworks to establish order so that operational scale and profitability can follow.
Some of the issues covered in the proposed policy plan include supply chain resiliency, sustainability initiatives, labor market reforms and improved childcare support.
At its core, the word “sustainability” is defined simply as the ability to continue at a certain level—no explicit consideration for whether something is “green,” renewable, or recyclable, and no defined parameters around carbon footprint. Simply: “able to continue.
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.
A.I.-driven technology can help keep drivers and passengers safe by not only detecting distracted driving, but also identifying other potentially risky behaviors.
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