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Since the Covid-19 pandemic, supply chains have faced geopolitical tensions, environmental challenges and significant disruptions, like the bridge accident in Baltimore.
Savings can be a dirty word in the complex, angst-ridden world of procurement. Ask your average CPO to talk about the issue and the chances are the conversation will quickly become derailed. Two reasons. First, many CPOs view savings as fundamental, but no longer strategically critical to their strategies. In many conversations I’ve had over the years, savings have been explained away as housekeeping, the basics, an enabler to procurement being trusted enough to drive more ambitious projects and
“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 Spend Matters Vendor Analysis provides an overview of TechnoMile and its contract lifecycle management (CLM) solution for government contractors. TechnoMile exists to give government contractors a better alternative to traditional CLM products. While these tools are often focused on the contract creation process for B2B transactions, B2G (business-to-government) contracts are written on federal paper and require more specific management.
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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.
Biden's proposal would make it so de minimis exemptions no longer cover any imports subject to current tariffs on a variety of low-value Chinese goods.
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
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.
When determining the selling price of their goods or services, businesses may use a variety of pricing models and algorithms. One approach is dynamic pricing, in which an item’s price is continuously adjusted according to certain criteria. Developing an efficient pricing plan might be aided by familiarizing yourself with a dynamic pricing model.
George said he plans to draw on his experience with factory floor productivity and quality control strategies to improve Norfolk Southern’s operations.
Companies have to deal with difficult supply chains in this globalized economy. Long lead times,… The post Why Nearshoring and Reshoring Are Gaining Popularity first appeared on Procurement Blog | Procurement & Supply Chain News.
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.
Rossum, a leader in intelligent document processing , announced a partnership with Barkers, a leading consultancy specializing in digital transformation and procurement advisory. This partnership will offer organizations a unique opportunity to optimize their use of Coupa and streamline their procurement processes. By identifying areas for improvement and optimization, Barkers can help organizations unlock the full potential of their Coupa investment, while leveraging Rossum’s intelligent
Voice of the Supplier Survey 2024 Building strong supplier relationships is more crucial than ever in today’s competitive business environment. However, our 2024 Voice of the Supplier Survey uncovered some critical insights that revealed that, rather than being set up for success, suppliers often feel too stretched to innovate, as they explain what they feel would make for better communication and more effective processes.
I am not going to name names out of respect for confidentiality. However, I will share one of the many recent exchanges I have had with solution providers—big and small—who have reached out to me to assess their solution development tracks. Solution Provider: As per our exchanges, happy to have a demo of our AI solution as discussed. I would, however, prefer that this is not being recorded – most players out there have no real use cases, and there is a lot of hype.
According to the Logistics Bureau , strategically reducing supply chain costs can substantially boost net profits, while the scope for potential reductions remains wide open. This underlines the importance of taking a structured approach to savings within organizations’ supply chains, in which a customized SIM platform can act as a catalyst for uncovering hidden savings and driving operational excellence.
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.
Three weeks ago, I started a series on the components of supplier management solutions. So far we’ve covered the platform capabilities (i.e., functionalities used across the other components/modules) and Supplier… The post Magnus Mondays — The Supplier Management Tech Series — Part 3: Supplier Performance Management appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.
Today I’m joined by Digital Container Shipping Association , otherwise known as DCSA. DCSA is a non-profit organization driving standardization and digital innovation in the container shipping sector. Founded by major ocean carriers, DCSA drives initiatives to make container transportation services transparent, reliable, easy to use, secure, and environmentally friendly.
In episode 19 of their podcast DUALSOURCE DISCOURSE , the dynamic duo of the virtual airwaves, Sarah Scudder and Dr. Elouise Epstein discussed “salespeople.” Click on the link above to access the original post and the segment. In the meantime, here is the comment I left on the segment’s LinkedIn discussion screen: Regarding salespeople, here is an excerpt from a recent post: Providers are selling to hit numbers versus engaging prospective clients to solve “real” problems.
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