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Previously, EU countries sought to strengthen investment ties with China, but in recent geopolitical developments, China’s refusal to condemn Russia’s actions in Ukraine, and concerns over human rights violations have prompted a re-evaluation. While EU-China economic ties remain strong, the pandemic and conflicts have exposed the risks of depending heavily on China for critical supplies.
The J.P. Morgan Global Manufacturing Purchasing Managers’ Index registered a score of 48.7 during July, matching the index’s lowest level since June 2020.
“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.
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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.
Continuing our series of analyst observations on procurement tech market movements, this week we are considering how technology serves as an enabler for procurement to expand from purely occupying a savings role to an orchestrating one. The Spend Matters analyst team learns as much from the various workshops and advisories in which we participate as the solution providers with whom we work.
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 rapidly shifting terrain of international commerce is characterized by constant evolution. Companies must strive… The post From Local Markets to Global Trade: The Role of Sourcing Agents first appeared on Procurement Blog | Procurement & Supply Chain News.
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.
In a purpose-driven supply chain, everyone understands the purpose behind what they do every day, and how they bring value to the consumer, according to Lori Shaffer, VP of global nonwovens at Kimberly-Clark.
Whether it’s addressing customer demands for seamless digital experiences or helping clients navigate complex industry regulations, IBM Cloud is committed to helping clients drive innovation today while preparing them for tomorrow. As enterprises embrace generative AI to drive innovation, the combination of IBM’s AI stack, industry expertise and infrastructure can help them on their journeys.
Rubi's process will capture and convert emissions into cellulose, creating a carbon-negative product that can be used to make clothing and other items.
We’re delighted about the recent expansion of IBM and Adobe’s dynamic partnership to help brands transform their content supply chains using generative AI. Our longstanding partnership with Adobe spanning both technology and consulting allows us to offer an unparalleled range of services to meet the evolving needs of the marketing and creative community.
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.
Every day, billions of people globally use their computers or mobile devices to access the Internet. Invariably, some of those users attempt to access a website that is either slow to load or prone to crashing. One reason that the website underperformed is that too many people were trying to access the site at the same time, overwhelming the servers.
A series of comments by Costas Xyloyiannis quoted in Forbes … However, Costas Xyloyiannis, a supplier data specialist from Imperial College London and co-founder/CEO of HICX , a supplier experience platform, begs to differ. “The results give me hope that CPOs are setting up their businesses for success. I’m encouraged to see ESG elevated as a business priority, in combination with supplier collaboration and digital transformation as top strategies.
True to their name, generative AI models generate text, images, code , or other responses based on a user’s prompt. Organizations that utilize them correctly can see a myriad of benefits—from increased operational efficiency and improved decision-making to the rapid creation of marketing content. But what makes the generative functionality of these models—and, ultimately, their benefits to the organization—possible?
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.
Any business that wants to excel, or even compete, in the current capricious market must have the ability to make the best, most efficient use of its resources. In the past, that meant cutting facilities budgets or reigning in travel allowances. Today, however, success requires a detailed review and breakdown of each process a business carries out to make and deliver its goods and services (also known as operations).
Gone are the days when antivirus software and a firewall were almost enough to protect an organization from cyberattacks. Trojans, worms and malware are no longer the only cyberthreats keeping IT and security professionals awake at night. According to the IBM Security X-Force Threat Intelligence Index 2023 , for the second year in a row, phishing was the leading cyber threat, identified in 41% of incidents.
Processes form the foundation of any business and power day-to-day operations. However, for business operations to run smoothly, processes require constant monitoring to ensure they remain optimized and streamlined. This guide discusses benefits, challenges, and solutions for driving operational excellence through process monitoring. It also covers the major steps in implementing these solutions.
Emotional Intelligence in the Workplace Discover how to fuel an individual’s personal and professional success through stronger emotional intelligence (EI), regardless of occupation or industry. By Hugo Britt | August 1, 2023 Search Search What is Emotional Intelligence (EI) and how can it help us deal with stressful situations in our work lives?
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.
The Chief Procurement Officer (CPO) Summit is a highly anticipated event that brings together industry leaders, procurement professionals, and supply chain experts from around the US.
A breach of contract is when one party fails to perform their obligations under the terms of a contract. Learn the types of breaches and how to avoid them.
In the world of cross-border supply chains and procurement processes, innovation is revolutionizing the way businesses operate. In this exclusive interview series recorded live at the Procurement Summit, we dive into the minds of some visionary procuretech startup founders who are at the forefront of driving change in the industry. First up is Romain Fayolle , Founder and CEO of Holocene Holocene is a startup that optimises and automates logistics processes for cross-border supply chain.
The race to dominate AI is no longer about who has the smartest algorithms — it's about who can build and scale faster. Behind every AI breakthrough lies a battle for resources: data centers, compute hardware, power, and telecom infrastructure. And right now, even tech giants are hitting a wall. Our latest white paper reveals the six critical supply chain elements that are increasingly separating AI leaders from the rest.
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