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Procurement fraud is often overlooked, but it can tear away at your company’s integrity and reputation from the inside if left unchecked for too long. Activities such as bribery or inflated invoices can lead to severe legal repercussions, significant financial losses, and can damage your brand beyond repair. Proactively identifying and managing procurement fraud is incredibly important when safeguarding your organization’s future.
“A Festivus for the rest of us!” Frank Costanza As Frank Costanza reminded us with my traditional Seinfeld reference, the holiday season is about celebrating in our unique ways.
Editors Note: Over the next few weeks on CPO Rising, were publishing some best of 2024 articles as we reflect on the year and prepare for the new year ahead.… The post Best Of 2024: Can Amazon “Reshape” the Procurement Industry? appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.
“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.
Were excited to share some great news: Skill Dynamics has been featured in Spend Matters “ The Modern Procurement Training Landscape ” report! This recognition reflects our dedication to delivering premium training that helps procurement professionals stay ahead of the curve. The Spend Matters report explores how procurement training is adapting to meet the challenges of a rapidly changing business world.
The workwear retailer is leaning more on the Georgia facility during the holiday season after closing a location in Iowa.
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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.
Congresswoman Chellie Pingree claims textile waste is responsible for more carbon emissions than all international flights and maritime shipping combined.
Software alone cant fully address the need for visibility. Companies need to expand their data sets by integrating functional and regional silos and formalizing supplier and vendor reporting.
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 three services will be operated together with CMA CGM, COSCO Shipping Lines, Oriental Overseas Container Line and Evergreen Line, as part of a vessel-sharing cooperation.
The brokerage giant, heavily involved in U.S.-Mexico truckload crossings, is focused on helping customers navigate potential changes in cross-border trade, CEO Dave Bozeman said.
Lawyers for the country allege that the tin, tantalum and tungsten is taken from conflict areas and then "laundered through international supply chains.
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.
Rotor sails are still relatively rare for vessels, and the success of wind technologies in general will ultimately depend on whether theyre able to save shippers money.
Karina Hill, Director of People and Culture atIPC Asia, discusses the role of people in facilitating successful transformations, based on her experience of driving change in the her company's procurement structure.
In this Spend Matters Vendor Analysis, we give an overview of WNS Procurements digital offering. The years 2020 and 2021 showed that a majority of businesses were unprepared to tackle significant disruptions and changes in their supply chains, and the business environment is still more volatile and uncertain than ever. Supply disruptions and market dynamics impacted many companies because they had limited visibility into their supply chains, no structured risk management programs and inadequate
Slow in, fast out is a tactic race car drivers use when navigating tight corners. They maintain control by easing off the accelerator on their approach, allowing for a smoother and faster exit. The same philosophy applies to implementing a new system, especially for ecommerce inventory management. Adopting a thoughtful approach, setting clear objectives, and strategically prioritizing will ensure a seamless transition and long-term success.
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.
What's PLANERGY? Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. Learn more We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with PLANERGY.
Even nonsports enthusiasts in procurement will get this analogy. The Canadian Football League has nine teams. When I was growing up in the 1960s, two of the nine teams were called Roughriders. With only nine teams, the league couldn’t figure out how to come up with nine different original names, which was a common joke. The only way to distinguish between the two teams is by how “Roughriders” were spelled.
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