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
As weve said: People, Process and Technology are the pillars of procurement transformation. And people are the most valuable assets that an organization has it is the people who run the processes and use the technology. So a large part of accelerating your procurement transformation process lies in strengthening roles and responsibilities. A good checklist for the roles you might want to consider in your transformation project comes from Jol Collin-Demers ProcureTech Project Role Checklist , wh
To evaluate how the Agent-based Metaprise model, leveraging self-learning algorithms in the Department of National Defence (DND) implementation case study over seven years, addresses clean data challenges compared to the Intake and Orchestration model, well extend our prior discussions (failure rates, CAGR, DND context) by integrating self-learning algorithms into Hansens framework and contrasting it with the tech-heavy Intake and Orchestration approach.
Modern procurement needs have far surpassed transaction management; procurement is now a critical component in driving strategic value across businesses and AI has become a key tool in procurement teams back pockets. Across industries, AI is capable of reshaping procurement, making it smarter, more predictive and highly efficient. In this article we will highlight some of the key changes AI has made to procurement strategies in the following industries: manufacturing and industrials, life scienc
Consider this your business suddenly faces a major supply chain disruption. Perhaps a critical supplier goes out of business, a natural disaster halts shipments, or new regulations are introduced that throw a wrench in your entire process. This nightmare becomes a reality for many businesses more often than wed like to admit. But the truth is, a fragile supply chain can make or break your companys success in today’s world.
“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 the context of my previous article, “What is continuous, self-cleaning data?”, the relationship between human agents and AI agents is pivotal to achieving and maintaining clean data within procurement systems. Understanding Human and AI Agents Human Agents : These are procurement professionalssuch as buyers, managers, and supplierswho bring contextual knowledge, judgment, and experience to the procurement process.
Question: How likely will a ProcureTech solution implementation be successful without clean data? Rob Handfield, PhD (November 2017) (NOTE: Use the following link to obtain your copy of the above eBook) Quantifying Success Likelihood Without Clean Data No direct study isolates ProcureTech success rates without clean data, but we can infer from the following industry benchmarks.
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.
Question: How likely will a ProcureTech solution implementation be successful without clean data? Rob Handfield, PhD (November 2017) (NOTE: Use the following link to obtain your copy of the above eBook) Quantifying Success Likelihood Without Clean Data No direct study isolates ProcureTech success rates without clean data, but we can infer from the following industry benchmarks.
Financing programs can help companies get suppliers cash quickly and stretch out payment terms, said Jeremy Jansen, the bank's managing director of supply chain finance.
China produces more than 90% of the world's supply of refined magnet rare earth elements, used as components for semiconductors, planes, drones, and even missiles.
Resources / Blog / Why Predictive Procurement is the Next Frontier in Cost Savings Why Predictive Procurement is the Next Frontier in Cost Savings In todays fast-moving business world, procurement leaders face constant pressure to optimize costs while managing supply chain risks. But as technology reshapes the industry, its obvious that traditional procurement methods that rely on historical data, manual decision-making, and reactive strategies cant keep up with the accelerated pace of change.
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
Aponte and his family-controlled Terminal Investment Ltd. are the main investors in a consortium looking to buy 43 ports from Li Ka-shing's CK Hutchison Holdings.
This content is password protected. To view it please enter your password below: Password: The post Protected: Positive Purchasing Partners With Suppeco to Empower Supplier Relationships appeared first on Positive - Procurement transformation, expert training for improved purchasing and procurement.
At Solvoyo, we are delighted to share that G2, the worlds largest tech marketplace, has once again recognized us with multiple prestigious awards this season. These accolades reflect our commitment to delivering exceptional value, fostering strong relationships, and driving innovation in supply chain planning and automation. This Spring, Solvoyo has earned 11 new G2 badges … Continue reading "Solvoyo Recognized with Eleven G2 Badges in Spring 2025" The post Solvoyo Recognized with Eleven G
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.
Digital transformation isnt just a buzzword anymore its happening right now. And at the center of this shift is how businesses are rethinking the way they work, especially through process automation. With new tech like artificial intelligence (AI) gaining traction, were seeing a big move from basic automation tools to smarter, AI-powered workflows (like Automated workflows in Pipefy) made possible with the help of AI agents.
Concentrations of the highly toxic chemicals were so high, that touching a receipt for just 10 seconds resulted in exposure that violated California's safety threshold.
The Trump administration faces a similar lawsuit in Florida federal court, where a small business owner has asked a judge to block tariffs imposed on China.
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.
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.
101 
Let's personalize your content