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A common thread among the conversations we’ve had recently with senior procurement practitioners tells of the extent to which attitudes towards risk have changed over the past decade. As little as 10 years ago, we heard stories of pretty much indifference to risk: “supply risk management was young,” we heard, and “we didn’t worry too much about risk; we spent a very small percentage of our time on it.
Don’t miss Matthew Buckingham ’s Forbes article on how modern procurement systems are tackling today’s biggest supply chain challenges – ProcureFocus (October 30th, 2024) I read the above-referenced article, and here is my observation: Has the author said anything regarding predictive analytics, collaborative supplier networks, optimized inventory management, risk management, and automation that you have yet to hear?
Spend Matters is delighted to announce the 2024 roster for our ‘Future 5’ list. For the sixth year in a row, our analysts have highlighted five start-ups that excited them the most. This year, the five companies that have proven themselves as potential future trend setters are BlueBean , ivoflow, Covalyze, Halo Ai and True Value Hub. To warrant such attention, these vendors must have a product that is ideally 2 to 5 years old, is used by more than five customers and displays an innovative applic
“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.
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 ).
Spend Matters honors a vast array of procurement solution providers each year by selecting them for our ‘50 to Know,’ ‘50 to Watch,’ ‘Future 5’ and ‘Hall of Fame’ celebration lists. Discover everything you need to know about these accolades here, including who is on them. For the Future 5, Spend Matters analysts scour the market to find new specialist solution providers that can answer a burning need of procurement practitioners today.
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Spend Matters honors a vast array of procurement solution providers each year by selecting them for our ‘50 to Know,’ ‘50 to Watch,’ ‘Future 5’ and ‘Hall of Fame’ celebration lists. Discover everything you need to know about these accolades here, including who is on them. For the Future 5, Spend Matters analysts scour the market to find new specialist solution providers that can answer a burning need of procurement practitioners today.
Whenever I find out that a company – or a person – decided to do something new in 2020 or. The post Creating a B2C to B to C Improvement Cycle at Walmart Business appeared first on Art of Procurement.
Data and AI Solutions to Advance Sustainability: Expert Insights from Industry Leaders In an era where technology and environmental responsibility intersect, The Economist Impact brought together industry leaders to explore how artificial intelligence and cloud computing are revolutionizing sustainability initiatives. Hosted by Phillip Cornell, this Insight Hour featured an engaging discussion with Brandon Potter (Microsoft), Read more The post Accelerating Sustainability with AI: Expert Insight
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
With a targeted recovery rate of up to 96%, the facility will process and recycle enough materials to produce more than 50,000 new battery modules per year.
There is general consensus that smart factory tools will transform the way that products are made within five years. What’s less clear is how and where to deploy them.
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.
The study theorized that Canada has had a more cooperative relationship between drug manufacturers, government agencies, health care systems and wholesalers.
Positive Purchasing Secures Place on G-Cloud 14 Framework to Empower Public Sector Digital Transformation We are delighted to announce our inclusion in the G-Cloud 14 framework for Cloud software, providing UK public sector organizations with streamlined access to our SaaS and digital platforms for strategic procurement and negotiation via The Crown Commercial Service (CCS) Digital Marketplace.
The investigation will focus on the systems Temu has in place to limit the sale of non-compliant products, and risks linked to the addictive design of the service.
We’re excited to announce that Fraxion has once again been reco gnized by Gartner Digital Markets in Capterra ’s Shortlist and Software Advice’s FrontRunner reports. These accolades highlight Fraxion as a leading software solution in the spend management and expense management categories. Ongoing recognition in these flagship reports is a testament to the value we continue to deliver to our customers.
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.
This whitepaper helps uncover the key areas that consistently deliver savings, value and continuous improvement in your supply chain and across your business to support your business case.
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.
This white paper presents five essential insights for shippers regarding cargo theft, shedding light on current trends in the U.S. and outlining the most common modus operandi used by these criminal networks.
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.
Regulations, customer expectations, and companies’ sustainability objectives will be the driving force for CO2 emissions tracking and reporting. Discover more about the importance of sustainable transportation practices and how to meet the ever-evolving requirements.
Experts from leading global technology companies come together to advise on how order fulfillment facilities can use new kinds of technology to avoid the need to move or expand on existing facilities.
In 2020, Myers Industries began looking for a way to integrate its planning function across six business groups serving multiple markets and product types.
Advanced technologies such as automated storage and retrieval systems (ASRS) allow warehousing operations to eliminate employee dead time, blend B2B and B2C fulfillment workflows, retain employees, reduce inefficiencies, increase throughput, and maximize space utilization. How? Read on to find out.
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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