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18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter CSR Policy — Transforming Sustainable Procurement CSR policy is important to ensure that a company ethically conducts its business operations. However, what is it? In this article, we will discuss what CSR policy is. We will also tell you the benefits of CSR policy when adopted in business operations and how you can use it to make a sustainable procurement policy.
This year’s tournament, which will be the fourth time the event has been held, provides an excellent opportunity for procurement professionals to come together and raise funds for Macmillan Cancer Support. Procurement Heads’ Financial & Professional Services team will host this year’s tournament, which will take place in London on the evening of Thursday 18th May.
“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.
This year’s tournament, which will be the fourth time the event has been held, provides an excellent opportunity for procurement professionals to come together and raise funds for Macmillan Cancer Support. Procurement Heads’ Financial & Professional Services team will host this year’s tournament, which will take place in London on the evening of Thursday 18th May.
The grace period is gone; consumers will find what they want elsewhere if a retailer can’t deliver the product(s) and experience they’re looking for.
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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.
Categories: Best Practice , Cost Management , Procurement Strategy & Planning Tags: sponsored post Equipment leasing is a well-known, strategic financial tool, especially when interest rates are rising. Nearly 80 percent of US companies use some form of financing when acquiring equipment (source: 2022 Equipment Leasing & Finance Industry Horizon Report, ELFA).
If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line.
Data out April 4 showed U.S. supply-chain activity fell to the lowest in at least 6 ½ years in March, with low transport prices for goods driving the decline in the Logistics Managers’ Index.
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 years IBM has been using cutting-edge AI to improve the digital experiences found in the Masters app. We taught an AI model to analyze Masters video and produce highlight reels for every player, minutes after their round is complete. We built models that generate scoring predictions for every player on every hole. But I believe the “AI Commentary” solution we built this year is the most consequential work we’ve done in the history of our 25-year partnership with the Masters
Over the last few years there has been a fundamental shift in how the procurement function has been viewed within a business. Once seen as a back-office administrative function, procurement has rightly moved into the spotlight. To maintain our place in the spotlight, these digital procurement software platforms must optimise the user experience for the end user.
Hybrid cloud technology can help organizations of all sizes, in any industry. Even one of the world’s most beloved sporting events. The Masters hybrid multi-cloud architecture allows them to harness data in real time, provides a common platform to build and manage applications and IT, and enables developers to build applications once and deploy them anywhere.
A business is only as efficient or effective as its processes. Business goals like maintaining high productivity levels, controlling costs and keeping customers satisfied all depend on the process quality and consistency. To build better processes, many businesses rely on a business process management system (BPMS). What is a BPMS? BPMS is software that helps businesses manage their processes and streamline their workflows.
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.
Fast Retailing had originally performed compliance checks only on plants operated by primary and secondary suppliers. Now, Uniqlo will handle compliance checks for third-tier cotton spinning mills.
Spend analysis gives procurement teams the intelligence they need to drive value – to make more informed sourcing and purchasing decisions with lower potential risk. It’s at the heart of the SpendHQ platform and should be integral to procurement operations. The post Why is This So Hard? Identifying and Solving Procurement’s Spend Data Challenges appeared first on SpendHQ.
Listen in Apple Podcasts Listen in Spotify Listen in Google Podcasts Listen on Amazon Episode show notes “This is actually a great time to be in procurement, because it’s a time to shine.” Andrew Smith’s career has taken him from huge roles in Royal Mail to international leadership with Avid … Continued The post The Avis Budget Experience that Proved the Power of Adaptability with Former General Manager/Managing Director, Andrew Smith – Episode 72 appeared first on Tale
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.
Jan-Willem Jannick, managing director and global sustainable value chain lead with Accenture, details the findings of a recent survey of CEOs about their sustainability efforts.
The last few years of disruption have forced changes in the commerce landscape which have fundamentally changed the relationship between brands and shoppers. Customers have made it clear they want an omnichannel shopping experience that is easy, interesting and frictionless. They also expect brands to have the robust digital backbone necessary to meet their needs and basic e-commerce functionality is no longer noteworthy.
The trick to making batteries with more silicon content is figuring out how to prevent expansion by encapsulating the silicon particles in some kind of binding structure.
Organizations are dealing with large volumes of data from an array of different data sources. These datasets vary in type and quality. At the same time, they are looking to minimize the cost of data processing and insight extraction while maximizing the efficiency and value. To satisfy these somewhat opposing requirements, they are storing data in a complex, messy landscape of data lakes, data warehouses and data marts.
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.
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 on a day-to-day basis.
Last week we released a 4-part special podcast series that explores a key principle of our mission to 10X the. The post Mission to 10X the Impact of Procurement Decision Making appeared first on Art of Procurement.
Modernizing governing bodies worldwide is a pressing need and includes a growing obligation to provide accessible and transparent digital experiences for all citizens to address the inefficiencies and limitations of legacy systems. However, modernization is a complex process that requires agencies to balance the return on investment (ROI) of legacy hardware and institutional knowledge with the need to comply with regulations and meet sustainability goals.
Since the virus surfaced last February, tens of millions of farm-raised birds in the U.S. have died, emptying grocery shelves and sending prices skyrocketing.
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.
As asset-intensive industries search for more ways to meet sustainability goals, digitalization has become key to optimizing resources and improving overall efficiency of business processes. This is driving greater adoption of “digital twins,” which help companies understand the impact of their physical assets today to forecast future scenarios in order to make informed decisions that support sustainable operations.
What C-level executives should know about Algorithmic HR Many organizations are currently utilizing AI and automation in various HR practices, including internal sourcing, screening, candidate hiring, promotions, and pay. While these technologies have been widely adopted, organizations should monitor whether they could be perpetuating biases and discrimination.
For more than two decades, IBM has helped the Augusta National Golf Club gather, analyze and use an ocean of data to deliver engaging insights and content to the Masters® app. In addition to traditional scores and stats, state-of-the art cameras, microphones and lasers capture video, sound, and the precise x, y and z coordinates of more than 20,000 shots over the four days of the tournament.
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