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Ongoing training is important for procurement teams to keep up with the constantly evolving and advancing procurement tech and services landscape, specifically in niche areas such as category management, supplier management, negotiation and strategic sourcing and in the broader areas of change management and leadership. Even experienced procurement professionals must remain aware of ongoing advancements to streamline procurement processes and support organizational goals with the latest technolo
“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.
The agency’s principles for responsible AI use in the workplace focus heavily on employee rights and how the technology should improve working conditions.
To improve resilience and business continuity in the face of pandemics, wars, natural disasters and other supply chain vulnerabilities, businesses are adopting comprehensive supplier risk-management initiatives.
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To improve resilience and business continuity in the face of pandemics, wars, natural disasters and other supply chain vulnerabilities, businesses are adopting comprehensive supplier risk-management initiatives.
Keeping costs under control is essential to sustaining operational effectiveness and profitability in the quickly changing corporate environment. Spend management software offers companies the tools to streamline financial operations, monitor expenses, and maintain control over their budgets. From small enterprises to large corporations, businesses of all sizes can benefit from implementing a robust spend management tool.
The Greater Vancouver Board of Trade estimates that more than $600,000 million worth of trade has been disrupted in just the first 18 hours of the West Coast work stoppage.
Do you ever feel like you’re spending more and getting less? Imagine wanting to save… The post How Purchasing Professionals Boost Cost Savings with Smart Buying first appeared on Procurement Blog | Procurement & Supply Chain News.
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 levies range between 8% and 35% depending on the manufacturer — on top of an existing 10% tariff — and are set to remain in place for the next five years.
Resources / Blog / What a Shifting CFO’s Focus Means for Procurement What a Shifting CFO’s Focus Means for Procurement For CFOs in procurement, the pressure is on. They are tasked with all the historical expectations of managing financial reporting, statutory compliance, and bookkeeping, but are now increasingly expected to also be a business partner with strategic and operational focus.
Amazon says that the MK30 drones it's now using in Arizona can fly twice as far as its previous models, are 50% quieter, and can fly in rainy conditions.
In recent years, artificial intelligence (AI) in procurement has emerged as a game-changer, redefining how organizations manage their supply chains, purchasing decisions, and. AI's ability to streamline operations, reduce costs, and enhance decision-making is transforming procurement from a labor-intensive, manual process to a more dynamic, automated, and intelligent system.
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.
As part of our Q4 research into supplier risk, third-party and supply-chain risk management (TPRM/SCRM) and the solutions that support it, we have not only conducted analyst- and market-led research in the shape of analyses, advisory, definitions and webinars, but taken the pulse of the practitioners who use that technology and who deal with risk on a daily basis (for example here and here ).
JWH – What is the difference between Agentic AI and Agent-based AI? Over two decades ago, the foundational elements for successfully utilizing advanced, self-learning algorithms to optimize the procurement process using an agent-based model were well established. Somewhere along the line, we got distracted by SaaS and digital transformation, and now we are at risk of being sidetracked by Agentic AI.
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.
IBP and its predecessor S&OP were developed as executive decision-making forums. In support of effective decision making in the IBP process, we could expect many decision centric capabilities in an organization. But how decision centric is your S&OP/IBP process, your meetings, your organization? Any idea? To create some baseline insights, I developed an 11-question checklist to assess IBP decision centricity.
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