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This content does not express the views or opinions of Spend Matters. Apple has made famous the use of ‘should-cost’ modeling and benchmarking as a cornerstone of effective procurement organizations for the past few decades, which has led many companies, big and small, to adopt the practice. The momentum around this ‘best practice’ has been further accelerated by the marketing efforts of market intelligence companies selling data and even a few purpose-built software plat
Most people today are active online, using computers and smartphones to search for services and goods nearby. Thats why local SEO, or Search Engine Optimization, is critically important for any business operation, and Supply Chain Management is no exception. If you are looking for ways to improve your supply chain management performance, e.g., by cutting costs and saving time, you must consider leveraging local SEO.
Investing in automation and the workforce will lead to increased cargo and more jobs, writes National Association of Wholesaler-Distributors CEO Eric Hoplin.
Storage facilities are essential to countless businesses but also present significant risks. One oversight or momentary lapse can result in costly interruptions, injuries, or severe consequences. Safety culture is not merely a preventative measure against incidents but the impetus behind business growth. With a safe warehouse , productivity rises, employees are valued, and the bottom line benefits.
“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.
After a disruptive 2024 in terms of operations and pricing, DHL eCommerce, OSM Worldwide and ACI Logistix leaders told Supply Chain Dive how they are evolving to compete.
The supply chain management industry is growing and changing before our very eyes, and new technologies are at the very heart of that change. In the same way that a solid supply chain is the cornerstone of business efficiency and effectiveness, investing in supply chain innovation technology can help improve your business processes and cost margins while giving you a strong advantage over your competitors.
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“Within the TOC are three main principles: convergence, consistency, and respect. Convergence: This principle suggests that a complex system is actually simpler to manage because tweaking, adjusting, or correcting just one aspect will impact and change the whole system for the better.” Simplilearn, Jul 23, 2024 STEP 1 – WATCH THE FOLLOWING VIDEO STEP 2 – ASK YOURSELF THE FOLLOWING QUESTION “Why does Gartner’s conceptual framework for executing AI look more lik
Why spend management matters Operating a business is expensive. According to the U.S. Bureau of Labor Statistics, 65% of businesses fail within their first ten years. While the reasons for failure vary, poor financial management and cash flow issues are often significant contributing factors, underscoring the importance of sound management and oversight.
Apple has made famous the use of should-cost modeling and benchmarking as a cornerstone of effective procurement organizations for the past few decades, which has led many companies, big and small, to adopt the practice. The momentum around this best practice has been further accelerated by the marketing efforts of market intelligence companies selling data and even a few purpose-built software platforms to make these efforts more efficient and accurate.
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
Decisions to adopt on-demand packaging still mostly come down to dollars and cents, although in recent years considerations of sustainability have come to the fore.
A year ago, we published a checklist naming eight procurement challenges manufacturing companies would face in 2024. We began the piece by writing, Procurement is more dynamic than ever. It must turn on a dime to react to sudden changes and unexpected developments in the market. How right that turned out to be! Nobody was predicting the sharp change in US economic policies that have been heralded by the election of Donald Trump as the 47th President of the United States.
Costco, Apple, Microsoft, Pinterest and JPMorgan Chase have all signaled that they have no plans to move away from their DEI initiatives in the months to come.
The White House issued a memo the following day to clarify the funding pause, specifying that it pertains only to aspects of the law mentioned in Section 2 of the executive order.
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.
Jess Dankert, VP supply chain with the Retail Industry Leaders Association, offers an advance look at LINK 2025, RILA's annual retail supply chain conference, February 16-19 in Orlando, Florida.
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.
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