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Passionate about digital transformation and innovation, Nick spoke to Procurement Heads’ James Dobbin about his experiences, outlook and drivers. How did your procurement journey begin? Like many in procurement, I didn’t have a lifelong dream that this was what I was going to do with my career, I came out of university and found a role with a local business.
The probes were launched after an assessment of complaints regarding the overseas operations of 13 Canadian businesses was filed by a coalition of 28 civil society organizations in 2022.
“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.
Generative AI is already at the forefront of business processes and long-term plans across many industries. Procurement and source-to-pay are no exceptions, especially contract lifecycle management (CLM). Notably, procurement tech users and legal professionals can now use ChatGPT and similar tools to analyze contract language and even in the clause-writing process itself by drafting some initial language.
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 Iranian-flagged vessel was apprehended July 7 while carrying out the illegal transshipment of oil to a Cameroonian tanker inside of Indonesia’s exclusive economic zone.
Do you like playing poker? For supply chain negotiators, the process of closing deals can often feel like a game of poker. Who blinks last is often going to get the best deal. But it doesn’t have to end that way.
The construction deal will reportedly be divided between Nihon Shipyard, a joint venture between Japan Marine United Corporation and Imabari Shipbuilding Co., Ltd., and Samsung Heavy Industries (SHI).
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.
A truly digital enterprise has transformed business processes both in customer relations and internal operations. The challenge businesses face is trying to catch up with constantly changing technology while remaining relevant to customers, and meeting their changing needs on time.
Breakdowns, equipment failure, outages and other shop floor disruptions can result in big losses for an organization. Production managers are tasked with ensuring that factories and other production lines are getting the most value out of their equipment and systems. Overall equipment effectiveness (OEE) and total effective equipment performance (TEEP) are two related KPIs that are used in manufacturing and production environments to help prevent losses by measuring and improving the performance
Digital transformation has become an increasingly important requirement for business success over the past 30 years. Companies must adapt to new technologies as they develop if they want to get ahead of the competition and stay there. Customer expectations of a company’s digital capabilities are constantly growing, and the methods they use to evaluate success become ever sharper and more accurate.
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’re delighted about the recent unveiling of IBM and Adobe’s dynamic partnership to help brands accelerate their content supply chains using generative AI. Our longstanding partnership with Adobe allows us to offer an unparalleled range of services to meet the evolving needs of the marketing and creative community. So, what does this partnership mean in practical terms?
Back office operations are invisible to customers, but they’re an essential part of all businesses. They serve a supporting role, allowing front office departments to function at optimal productivity. In the current age of digital transformation, back office solutions can be the key to reducing operating costs and adding value. This guide explores back office functions, business process outsourcing (BPO) , and back office processes that can be streamlined for efficiency.
In less than a year, we’ve gone from the “run your business and apply AI to help” paradigm to a reality where enterprises in every industry are navigating how to embed AI into the fabric of their strategies. Generative AI based on foundation models has brought us to this inflection point. In fact, new research from IBM’s Institute for Business Value CEO study found three out of four (75%) CEOs surveyed believe the organization with the most advanced generative AI wins, an
Find out how we can support your AMP8 ambitions Book a meeting A significant feature of Asset Management Period 8 (AMP8), which starts on 1 April 2025 and affects all English and Welsh water companies, will be a focus on tackling the water industry’s commitments to lowering their carbon footprint and driving towards net zero. It is certainly true that many water companies have already put significant efforts into tackling climate change in recent years.
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.
Providing goods and services requires any business to conduct multiple interactions between people and systems. These internal processes must work well to achieve a high level of efficiency and productivity, which leads to greater customer satisfaction. Avoiding the many problems caused by inefficient internal processes requires organizations to continually monitor and improve them.
EPISODE 123 Healing Healthcare Supply Chains with Luká Yancopoulos By Kelly Barner | July 12, 2023 Many supply chains deal with pain points. Unlike other industries, however, healthcare deals with sourcing and procurement pain points that bring actual pain. In an industry where securing lower costs does not offer the same incentive as it does for others, it takes a different approach to help decision makers see the risks and rewards before them.
Operational planning is the creation of a detailed roadmap based on a strategic plan. It aligns action items with timelines and key milestones that an organization needs to execute the strategic plan. As a result, an operational plan outlines the organization’s key objectives and the approach it will use to achieve them. Optimize and manage any type of workflow and business process with Workflow Management: The Crash Course Download free guide The operational planning process describes a company
As a leading financial group in Spain, CaixaBank has long been an innovator by taking a technology-first approach by placing innovation, digital transformation, customer experience and sustainable banking at the forefront of its strategy. The bank reportedly serves 20 million customers and is a country leader in digital banking with more than 11 million customers.
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.
Process maturity is a great measure for how well business processes are structured and performed. The higher the maturity, the greater the performance. Multiple models exist for making processes more mature, and there are also many ways to assess them. This guide shows how to measure process maturity and use these models to control business processes and ensure better teamwork, process efficiency , and experiences. mprove process maturity with the Definitive Guide to Business Process Automation
Enterprises are often defined by how they deal with events that are out of their control. For example, how you react to a disruptive technology or cope with a sudden change in the markets can be the difference between success and failure. Contingency planning is the art of preparing for the unexpected. But where do you start and how do you separate the threats that could do real harm to your business from the ones that aren’t as critical?
Market upheavals of the last few years coupled with the persistence of high inflation rates have driven businesses worldwide to seek every possible means of streamlining operations. The time for survival mode has passed; in order to compete in just about any industry, organizations must resume growth. No-code BPA ( business process automation ) platforms have been invaluable to companies looking to improve efficiency by automating data management and repetitive tasks, improving customer experien
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