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• The procurement process in any organization is a combination of several functions that require expertise ranging from sourcing, data collection and analysis, negotiation, accounting, risk management, project management, and many more. Though not set in stone, the procurement process can be understood through five phases. Needs Recognition– Needs are recognized at the department level […].
“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.
Now the Ohio River, which provides about 60% of the Lower Mississippi River’s water, is seeing closures at multiple locations due to groundings and dredging work.
The National Railway Labor Conference, which is representing railroads in negotiations, said that "failed ratification does not present risk of an immediate service disruption.
Pandemic or no pandemic, e-commerce shoppers have upped their expectations of retailers and their logistics partners, with an emphasis on transparency, says Brian Bourke, chief growth officer with Seko Logistics.
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Pandemic or no pandemic, e-commerce shoppers have upped their expectations of retailers and their logistics partners, with an emphasis on transparency, says Brian Bourke, chief growth officer with Seko Logistics.
Categories: Category Management , Managed Services , Sponsored Article Tags: Sponsored Article Gone are the days when procurement’s agenda could be contained to a small set of self-selected priorities. Now, procurement professionals are tasked with servicing the complex sourcing requests from numerous stakeholders addressing new regulatory compliance requirements to furthering their organization’s ESG commitments, to name a few.
Christoph Fischer, vice president sales for North America with LeverX Group, previews the LeverX Innovation Forum 2022, the company's annual customer event, set for October 19-21 in Miami, Florida.
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
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How to Get the Most out of Business Travel! (Infographic). So, you spent four years learning everything about a hospitality career and tourism, public houses, and dealing with problem clients. What can you do with that knowledge if you choose the hospitality field? Can you go straight to a hotel manager position?
Amplify Your Business Spend Management Strategies with a GPO. By Hugo Britt | October 11, 2022. If you’re new to the concept of group purchasing , you may be asking yourself where, exactly, the biggest savings can be found. The answer is no secret: the steepest discounts exist in the most popular categories with the biggest volumes of purchasing. Una leverages over $100 billion in buying power to negotiate best-price contracts with hundreds of the nation’s top suppliers.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is the Digital Supply Chain? The Digital Supply Chain is the future. The end to end electronic connectivity of all elements of the Supply Chain, as enabled by an extensive array of exciting new technologies, will define all progression over the next few decades. But how does this Digital Supply Chain journey begin?
This is a commentary on the article To Share or Not to Share: The Future of Collaborative Forecasting , Foresight 2022, Q4, by Pierre Pinson, Editor in Chief of The International Journal of Forecasting. Asymmetry of Data Ownership. In Pierre Pinson’s article “To Share or Not to Share: The Future of Collaborative Forecasting,” the comparison between data and big oil is striking.
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.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Ways to Improve Healthcare Quality! Data security has become a major concern over the last few years. It’s the responsibility of every sector, including the Healthcare Data Supply Chain, to ensure they secure their sensitive data from cyberattacks and other related issues.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 9 Small Business Marketing Ideas to Scale Your Marketing! If you own a frozen slush beverage center, you probably already know many benefits of owning and operating one. Customers love the convenience of having an ice cream shop right in their neighborhood, but they also love the premium quality of your frozen slush beverages.
The election near Albany, to be spread out over four days between Oct. 12 and Oct. 17 in Castleton-on-Hudson, could help determine the future of the Amazon Labor Union.
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.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How to Invest to Make Your Supply Chain More Efficient! Supply chains are central to optimal eCommerce results. The supply chain includes everything from ordering raw materials from suppliers to ensuring products are delivered to consumers in the best condition. Needless to say, any issues in these intricate processes and lack of Supply Chain optimization leads to customer dissatisfaction and a poor reputation.
Designers of performance vehicles are always looking for opportunities to improve power. One way of doing this is to build. The post Designing a New Procurement Supercharger appeared first on Art of Procurement.
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.
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