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In Part I and Part II of this series, we have investigated the way in which supplier diversity programs have developed over time and which nations are leading the way in the space. And while it’s good to stay abreast of how we develop as societies, it’s vital to understand how we can better align supplier diversity best practices as individual organizations. .
There’s an opportunity to improve food supply chain logistics and planning with a future-proofing mindset. No element requires more consideration and investment in this regard than transparency.
How do you attain the skills required for success in your current job and future career? A trustworthy approach to getting career advancement or growing your business is to acquire business acumen skills. Industry or sector is less relevant when it comes to these skills, as they get the most significant business running effectively. It. Continue reading.
Procure-to-Pay is the full cycle that a business goes through when they need to obtain goods or services from a supplier. The cycle describes what steps need to be taken to complete the procurement process and to finalize payment. On paper, it’s a simple process that can be followed systematically, but in a modern procure-to-pay […]. The post What Is the Procure-to-Pay Process In SAP?
“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.
Excited to share the 2021 State of Supply Chain Sustainability report and appreciate the inclusion herein with other friends in supply chain. After an extensive analysis of 2,400 responses, 21 interviews, and 250 documents, this comprehensive report highlights how companies put their Supply Chain Sustainability promises into practice in 2020 despite—or because of—the disruptions caused.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Is Bitcoin Volatility a Threat for Traders? Bitcoin market crash article and permission to publish here provided by Jean Nichols. Bitcoin is the first-ever cryptocurrency of the marketplace and conferring the ground concept of bitcoin; there was an exceeding extent of altcoins in just a nominal time.
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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.
Global supply chains frequently encounter blind spots, such as failing to anticipate trade disruptions and supplier risk. The result is significant challenges for manufacturers and their customers, which neither can afford.
What is contract sourcing? Well, sourcing and contracts go hand-in-hand. You can’t have one without the other. They are two separate parts of the procurement process and they each have their own distinguishing features. It’s these differences that we are going to explore in this blog but let’s begin with a few definitions. What is […]. The post What is the Difference Between Strategic Sourcing and Contracts?
“We all agree.someone needs to do something about ocean plastic. This is the something, you are the someone.” David Katz, CEO of Plastic Bank. Today is World Oceans Day, observed by United Nations member states to bring discussions, policies, and people impacted by ocean and coastal degradation worldwide. In Episode 58, Sheri Hinish (SupplyChainQueen) chats.
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
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What to Look for Before Investing and Storing Bitcoin! Bitcoin trader article and permission to publish here provided by Jean Nichols. Bitcoin is an open software complex on blockchain technology. Bitcoin was invented by a Japanese group named Satoshi Nakamoto, whose identity is completely anonymous.
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.
Procurement today is supposed to be a management function within an organization, directly supporting the strategic goals of the organization. However, this is yet to be achieved in most organizations. In most cases, contract management is left to the legal department team members. However, the team may not have all the required technical knowledge to […].
Freedom. We all want it, even in our supply chains to unlock visibility and truth. People often have a will to fix problems tied to transparency and traceability but don’t know how. Slavery affects over 40 million people and another 85 million children under the age of 11 work in hazardous labor conditions. Yet despite. Read more. The post A Selfish Plan to Save the World with Transparency + Freedom in Supply Chains with Justin Dillion, CEO of FRDM appeared first on SupplyChainQueen®.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How Eco-Friendly Packaging is Impacting Sustainability! Cardboard packaging article and permission to publish here provided by Patricia Deems. “We need to ban plastic!” “We need to stop using plastic products!” “Plastic is harming the planet.”. These are some chants that we are hearing on a daily basis and it’s all true, unfortunately.
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.
Procurement software has opened the door wide for transformation to take place within organizations bringing about automation, improved spend visibility, and spend control. The benefits have been numerous and ramifications felt along the supply chain. This has prompted widespread adoption of procurement software by enterprises leading to the market’s rapid growth.
Demand forecasting techniques. Demand forecasting techniques play a critical role in inventory management. If you can accurately forecast market demand, you can take action to ensure you hold the correct stock to maximize sales and profit. However, producing an accurate inventory demand forecast is no mean feat. In this post we uncover eight top demand forecasting techniques and best practice tips that you can’t be without.
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
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How to Become a Professional Bitcoin Trader! Financial evolution of Bitcoin article and permission to publish here provided by Jean Nichols. Bitcoin was unconfined at the instance of the financial crisis in 2009. The foremost software of bitcoin was released at first glance of 2009, and in March 2009, the second block of bitcoin complex was mined.
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.
There are many steps involved in an advanced, comprehensive, and sophisticated procurement department. Furthermore, the larger the organization, the more involved and intricate the procurement process or lifecycle is likely going to be. This is partially due to scale, and partially due to the nature of procurement in general. A procure to pay: a business […].
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is Blockchain? And How Does it Work? (Infographic). Features of Blockchain article and permission to publish here provided by Jean Nichols. Bitcoin technical aspects stunned every possible participant of the cryptocurrency industry as bitcoin is a lethal mishmash of all-inclusive technical aspects such as peer-to-peer network, blockchain, mining, and the proof of work mechanism.
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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