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This upcoming week, I will write about what is behind the algorithms/AI logic of some of the industry’s leading ProcureTech solution providers. No, you won’t have to be a data scientist or IT guru to understand it practically, as I apply this “letting the air out of the tires” perspective. In short, I will answer the following three questions to remove some of the mystery and add an essential dimension of understanding to your research and selection process for those in t
Using the 4-Model RAM assessment framework, what are the top five procurement and supply chain issues the following industries face in 2025: Finance, Energy and Utilities, Pharmaceuticals, Food and Beverage, and Automotive? MODEL 1 Procurement & Supply Chain Priorities by Industry (Ranked 1 = Most Pressing) Industry Sector Tariffs ESG Compliance Supply Chain Resilience Supplier Relationships AI Solution Selection Finance 4 1 2 3 5 Energy & Utilities 3 2 1 4 5 Pharmaceuticals 1 2 3 4 5 Fo
A relatively new technology that promises to slash energy consumption and capital expense stands to revolutionize battery design and manufacturing for electric vehicles.
“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.
Here is the link to today’s earlier post: The Top 5 Procurement and Supply Chain Concerns For These Five Industries (According ToWho!?) So, what do you believe is AI’s role in procurement and supply chain, and what is the procurement professional’s role using AI?
Gina Chung, vice president corporate development with Locus Robotics, brings us up to date on the latest technology innovations in the warehouse, and what the future might look like as well.
Summary: A Sourcing and Procurement Consultant optimizes purchasing, negotiates better contracts, and improves supply chain… The post Why Hiring a Sourcing and Procurement Consultant is Critical for Business Success first appeared on Procurement Blog | Procurement & Supply Chain News.
Summary: A Sourcing and Procurement Consultant optimizes purchasing, negotiates better contracts, and improves supply chain… The post Why Hiring a Sourcing and Procurement Consultant is Critical for Business Success first appeared on Procurement Blog | Procurement & Supply Chain News.
Consumer Test: “Made in America” vs “Made in China”, who won? All the talk about tariffs lately has probably got you feeling a little annoyed (understatement?). This business decided to put the argument to the test: Would consumers buy more expensive “Made in America” items versus cheaper Made in China versions. A filtered shower head business found a US-based supplier, which cost three times the cost of their supplier in China.
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