This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Procurement professionals and IT leaders tasked with managing software procurement today can often only focus on the top 20% of vendors. Why? It’s a convergence of three main factors: lack of data, limited resources and inefficient tooling. SaaS and vendor management has become increasingly complex Procurement and IT are being inundated with software access, vendor intake and renewal requests.
The global economy relies heavily on the shipping industry, the backbone of international trade. A seamless and efficient supply chain is vital for the movement of goods across continents.
Healthy, modernized seaports are essential for the profitability of businesses and investors everywhere. Our new white paper answers these questions and details the areas of seaports where investments will bring the biggest payback.
“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.
Spend Matters constantly updates its understanding of the state of the procurement tech market via RFIs for our SolutionMap dataset, vendor interviews, global event attendance and product demos with the aim of keeping tech-selection decision makers ahead of market trends. But we also endeavor to grow our understanding of the wants and needs of the customers using that tech – the practitioners.
For Procurement Heads’ latest Big Interview, he spoke with Sagar Bhardwaj about his procurement career. How did you get into Procurement? My career in procurement started when I completed my apprenticeship in business and administration at 17, working within the local authority where I was part of the property management and investment team and was involved in the publication of pin notices, quick quotes and mini competitions.
In my 27 years in procurement, I’ve rarely encountered a savings opportunity as lucrative as that offered by IR35 – the UK tax rules on off-payroll working. Implemented correctly, you’ll deliver seven- or even eight-figure annual savings, directly impacting the bottom line, not cost avoidance. The reality is that far too many procurement teams are missing the trick, believing that IR35 is too complex and that they face too many internal hurdles.
Sign up to get articles personalized to your interests!
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
In my 27 years in procurement, I’ve rarely encountered a savings opportunity as lucrative as that offered by IR35 – the UK tax rules on off-payroll working. Implemented correctly, you’ll deliver seven- or even eight-figure annual savings, directly impacting the bottom line, not cost avoidance. The reality is that far too many procurement teams are missing the trick, believing that IR35 is too complex and that they face too many internal hurdles.
Procurement focuses either at their internal stakeholders or suppliers. But what are the forces that impact the economy, and market? There is a tool for it. The post Porter’s five forces – practical use first appeared on ABC of Procurement.
Panama Canal delays causing unrest for Shippers The Panama Canal is currently facing disruptions due to low water levels and restrictions imposed to conserve water.
In the book “Good to Great,” Jim Collins wrote about the flywheel effect, a prosperous cycle of work and adjustment. The post Dodging the Urban Doom Loop appeared first on Art of Procurement.
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
In today’s manufacturing world, the competition is tough. Companies are constantly seeking innovative ways to reduce costs, increase efficiency, and streamline operations. One often overlooked but highly impactful area for optimization is the procurement process. By incorporating Request for Quote (RFQ) software, manufacturing companies can realize significant cost savings.
Under increased pressure to save money, CPOs are being asked to do more with less. With the emergence of ESG and resilience in recent years as top priorities alongside the function’s bread and butter of cost savings, teams must now simultaneously deliver on short- and long-term corporate goals while maintaining the maximum levels of operational efficiency.
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.
For the latest of Procurement Heads‘ Futureheads series, Joe spoke to Matt Williment about his procurement career journey. What was it that lead you to pursue a career in Procurement? It was a complete off chance, I did a business degree then when I was at university, I decided to start filtering bits out that I wasn’t as particular in, stuff like; marketing, sales, finance that kind of thing and it left areas like supply chain, logistics and procurement so I thought I would go for that kind o
Evaluate Needs & Usability: Understand auction specifics and prioritize an intuitive, mobile-responsive platform. Prioritize Features & Security: Opt for software with essential tools like dynamic bidding and ensure robust data protection. Reverse auctions, a procurement strategy where suppliers compete to win business by lowering their prices, have become increasingly popular with Procurement Teams for saving […] The post Expert Advice – Selecting the Right Reverse Auction S
Continuing our series of analyst observations on procurement tech market movements, this week we are considering the development of dark web monitoring as a tool in cyber supply chain risk management. “During a recent product demo,” Meena Ibrahim, Spend Matters Research Analyst, recalls, “a supplier intelligence provider mentioned its partnership with a platform that uses the dark web to uncover supply chain risk.
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.
GM blames supplier for EV production delay General Motors (GM) CEO Mary Barra disclosed that issues with an automation equipment supplier have caused unforeseen delays in the company’s electric vehicle…
For our latest CPO Spotlight, Ian spoke with Dan Goodson , Head of Industrial Practice, about his career with J. Murphy & Sons and advice to individuals starting their journey within Procurement. Please introduce yourself and an give an overview of Murphy Group. Murphy Group is a family-run business. It was set up in 1951. Our current CEO is John Murphy, who is the grandson of the original founder.
This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia
In today’s hyper-connected business landscape, managing suppliers effectively has never been more crucial. With increased globalization and businesses relying on a vast network of suppliers for their products and services, the efficiency of supplier relationships can make or break a company’s success. This is where Supplier Management Software (SMS) comes into play.
In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.
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.
1. Greater Cost Savings Optimized Spend Analysis: One of the primary advantages of leveraging procurement technology is the potential for cost savings. Advanced systems analyze spending, ensuring every dollar is accounted for and purchases follow company policies and contracts. Discount Management: With procurement technology, companies can seamlessly track supplier discounts or promotional offers, ensuring they […] The post Benefits of Implementing Procurement Software appeared first on P
In association with Ivalua: Leaders must rethink their priorities, metrics, and how they position procurement as the function becomes synonymous with ESG
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.
We organize all of the trending information in your field so you don't have to. Join 69,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content