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Ivalua Spend Management Insights [ivory-search] Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know June 12, 2023 | | Sustainability by Vishal Patel In an effort to drive sustainability and combat climate change, the European Union has introduced the Corporate Sustainability Reporting Directive (CSRD). This new regulation builds upon its predecessor, the Non-Financial Reporting Directive (NFRD), and brings about significant changes that impact organizatio
Ivalua Spend Management Insights [ivory-search] Get Ready for Success! 4 Critical Workstreams for Successful Procurement Implementation June 14, 2023 | | Thought Leadership by Vishal Patel Implementing a procurement application requires careful planning and execution, but combining it with a successful strategy can also ensure stakeholder buy-in, improve communications, support change management, reduce cost, and increase speed to market.
Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change. At Ivalua, we recognized the need to stay ahead of these developments and organized our first annual Ivalua Summer Symposium in London on a wonderful sunny evening on the Thames to discuss
While last year’s State of Logistics report highlighted the need to get back in sync, the 2023 version finds logistics operations building long-term resilience in an effort to best serve customers through a variety of distribution channels.
“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.
Agility Robotics recently released the latest version of their humanoid warehouse robot: Digit. Digit is 5 foot 9, weighs 141. The post Meet Digit – The Future of Warehouse Automation appeared first on Art of Procurement.
The US outlines strategy to bolster chips production The US Department of Commerce (DoC) has unveiled its strategic vision to enhance the semiconductor supply chain in the United States.
C ould you tell us a bit about your background? I have been a supply chain professional for 37 years, quite precisely! I describe it as closer to four decades than three decades, and a good chunk of that has had a heavy focus on procurement. I really do view myself as a supply chain professional, having worked in roles as wide-ranging as transportation and logistics, import/export, material planning, procurement, leading supply and demand teams, and material distribution across nine different in
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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.
C ould you tell us a bit about your background? I have been a supply chain professional for 37 years, quite precisely! I describe it as closer to four decades than three decades, and a good chunk of that has had a heavy focus on procurement. I really do view myself as a supply chain professional, having worked in roles as wide-ranging as transportation and logistics, import/export, material planning, procurement, leading supply and demand teams, and material distribution across nine different in
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter 12 Best Construction Equipment Suppliers 2023 — Reviews & Pricing A good house and building come from reliable construction equipment and materials. If you are searching for the right tools and equipment for your construction plan, you are on the right page.
Correct, procurement does not create contracts. The legal department does it. But if something goes wrong, we will have to deal with the consequences. The post Checklist for a good Procurement contract first appeared on ABC of Procurement.
Every year, Procurement Leaders’ research team explores category planning for the next 12 months. In previous years, we have looked at competitive pressures, market dynamics and savings forecasts. This time, we are looking at maturity. There is a vigorous debate in the world of procurement about the speed at which we transform categories. Some pioneering CPOs launch ‘big bangs’ in which categories are rolled out across the business in one rapid blast.
I asked Chat GPT about Procurement Leadership and I have to say the response is good! Who are the procurement leaders? ChatGPT As an AI language model with a knowledge cutoff in September 2021, I can provide you with information about prominent procurement leaders up until that time. However, I may not have up-to-date information on the most recent developments.
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
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter Supply Chain Network Design — Everything About Supply Chain Supply chain network design helps businesses to mitigate disruptions by configuring the supply chain. However, what is it? In this article, we will define what supply chain network design is.
Vice Chancellor Robert Habeck said German policymakers should avoid "making the same mistake again" of assuming the economy will be unaffected by the Russian war in Ukraine.
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.
In 2004, Dove revolutionized skincare marketing by launching their ‘Real Beauty’ Campaign. Celebrated for the decision to represent women of. The post Dove’s Real Beauty Campaign: Evolution of a Social Message appeared first on Art of Procurement.
Amanda Davies is Chief Procurement and Sustainability Officer at Mars Wrigley and a member of the Mars Wrigley Global Executive Team, based in Chicago, Illinois. In her current role, she is responsible for connecting the dots between Mars Wrigley’s sustainability goals and the needs of their supply chain. Amanda oversees the environmental impact of more than 15,000 suppliers that Mars works with, while also unlocking the possibility that their suppliers and partners can bring into the busines
Elon Musk says Tesla to come to India Tesla CEO Elon Musk has expressed his intention to bring Tesla to India “as soon as humanly possible” following a meeting with…
The facility is the company’s largest to date and will move the retailer closer to its goal of offering two-day delivery to 95% of the U.S. population.
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.
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter Suez Canal — Everything About Supply Chain Suez Canal is an artificial waterway located in Egypt that connects the Mediterranean Sea to the Red Sea. However, how important is it in the supply chain? In this article, we will discuss what the Suez Canal is.
Another challenging experience fulfilling a unique breakfast request for a client's flight. Discover how we overcame obstacles and delighted our customer The post Finding Sushi at 7 am? first appeared on ABC of Procurement.
In the rapidly evolving business landscape, companies worldwide are embracing digital transformation to streamline operations, enhance productivity, and secure competitive advantages. A critical part of this digital journey involves redefining the procurement function, and procurement software is leading this revolution. Contrary to traditional belief, procurement is not only a cost-saving tool.
Procurement Heads’ Head of Industrial Practice Dan Goodson explores the obstacles encountered in these sectors and the scarcity of qualified candidates following the recruitment boom. Brexit and the COVID-19 pandemic led to increased recruitment activity in procurement across various industrial sectors due to a number of factors but namely a lack of availability of raw materials and specialist products.
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
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter Your Ultimate Guide To Launching A Digitized Procurement Startup One of the biggest advantages of digitization in the procurement industry is that it allows you to use data analysis to make informed decisions. Management consulting firm Oliver Whyman reports that incumbent companies are currently being overshadowed by a total of 356 procurement startups that offer
What is inflation? ChatGPT Inflation refers to the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money. In other words, inflation means that, on average, you would need more money to buy the same amount of goods or services compared to the past. Inflation occurs when there is an imbalance between the supply and demand of money and goods.
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.
As businesses strive to create leaner, more efficient operations, procurement software has emerged as a critical tool in this endeavor. This technology streamlines supply chain management, makes purchasing more transparent, and promotes more strategic decision-making. However, before jumping headfirst into implementing a digital procurement software, it is crucial to follow a sequence of key steps […] The post 10 Key Steps to Take Before Implementing Procurement Software appeared first on
For Procurement Heads’ latest Big Interview, Vicky spoke with Gemma Burman about her procurement career and procurement’s role within Cadent. How did you get into procurement? When I finished my qualification in business studies, I joined a laser company as an administration assistant and part of that role was buying stationery and coordinating travel arrangements.
GM to invests over $1B in EV battery production General Motors (GM) and POSCO are expanding the production of cathode active materials at their joint venture facility in Quebec to…
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.
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