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As the economy teeters between a so-called ‘soft landing’ and all-out recession, an emerging consensus across C-suites has taken shape: the time to cut costs is now. Once again, all eyes are on procurement. A recent study from CreditSafe showed an eye-popping 95% of North American manufacturers plan to push for cost reductions with their suppliers in the next six to twelve months.
“You can’t unscramble eggs.” – J.P. Morgan U.S. Steel was formed in 1901 when J.P. Morgan financed the merger of. The post Nerves of U.S. Steel appeared first on Art of Procurement.
In today’s diverse society, businesses have a crucial role to play in fostering equality and inclusion. However, the business world often needs to improve to reflect the true diversity of society, both within companies and in their supply chains. To bridge this gap, organizations are increasingly embracing the concept of supplier diversity in their procurement processes.
“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.
Art of Procurement recently polled our community to identify the most complex challenge procurement must overcome when managing a services. The post Unpacking the Complexities of Services Procurement appeared first on Art of Procurement.
This is a real-life story on how procurement sometimes has to support the supplier even if the stakeholders are against the idea. The post The Warehouse Lights bet-short stories first appeared on ABC of Procurement.
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This is a real-life story on how procurement sometimes has to support the supplier even if the stakeholders are against the idea. The post The Warehouse Lights bet-short stories first appeared on ABC of Procurement.
In today’s fast-paced business landscape, procurement plays a pivotal role in an organization’s success. Efficient procurement processes can lead to substantial cost savings, improved supplier relationships, and enhanced overall competitiveness. To achieve these objectives, many businesses are turning to e-sourcing tools, revolutionizing the traditional procurement landscape.
Founded in 1894 by Milton Hershey, The Hershey Company has seen their share of ups and downs. Not only have. The post Getting a Kiss From a World Class Supply Chain 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
First American Uranium Reports on New Mexico’s Past Uranium Mining First American Uranium is highlighting the historical uranium production in New Mexico, particularly in the Grants district, where the company’s…
Both Procurement and Warehousing are part of the Supply Chain. But so often their interest are exactly opposite. How to find the right balance? The post Procurement vs. Warehouse – war or cooperation? first appeared on ABC of Procurement.
A new ground-based surveillance system will allow UPS to fly Matternet M2 drones without a visual line of sight throughout the route, setting the stage for increased delivery activity.
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 an era marked by growing environmental concerns and the urgent need for sustainable practices, procurement has emerged as a pivotal player in fostering sustainability within organizations. Procurement, traditionally seen as a function focused on sourcing goods and services at the best possible prices, has now evolved into a strategic driver for sustainability.
For Procurement Heads’ latest Big Interview, Laura spoke with Gemma Burman about her career in procurement and what challenges she and other procurement leaders currently face in the industry. How did you get into Procurement? So, like most people, I didn’t choose procurement. I think it chose me. I started my career at nPower, a large utility company.
Amazon and Maersk renew biofuel partnership The demand for sustainable ocean transportation services is growing, with a wide range of industries, including fashion, retail, automotive, and more, seeking eco-friendly shipping…
In today’s diverse society, businesses have a crucial role to play in fostering equality and inclusion. However, the business world often needs to improve to reflect the true diversity of society, both within companies and in their supply chains. To bridge this gap, organizations are increasingly embracing the concept of supplier diversity in their procurement processes.
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.
Companies are always going to face the unexpected and unpredictable. The hard part is knowing how to prepare for these supply chain trends strategically.
Greenhouse gases used in supply chains represent the largest source of most industries’ carbon footprint, but many firms are just beginning to account for them.
This is part four in a five-part series on mainframe modernization. The secret to mainstreaming the mainframe into today’s modern, cloud-centric IT environments is to make the experience of working with the mainframe like the experience of working off the mainframe—especially the developer experience (DX). Historically, working on the mainframe was an entirely different experience from the distributed world.
For our latest CPO Spotlight, Jon spoke with James Dobbin about how he entered the world of procurement and some of the challenges CPOs currently face. You went to the University of Bath, achieving a BSc honours in Business Administration. What made you choose a career in procurement? Could you tell us a bit about your career journey so far? The University of Bath was – and I think still is – a real centre of excellence for Procurement and Supply Chain.
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
Shell to Shelve Plan to Shrink Its Carbon Footprint Shell Plc’s Chief Executive Officer, Wael Sawan, has terminated the company’s ambitious carbon offsets program, a plan to develop environmental projects…
In this Spend Matters Insider Vendor Analysis Update, we give an updated and more complete overview of Resilinc (originally briefly covered in 2022), a solution built to reduce risks in supply chains to make them more resilient. Supply chains have been the focus of much news in the last few years. Disruption after disruption created shortages that stopped factories and emptied shelves and warehouses.
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.
Brands that deliver an excellent customer experience (CX) will always be more resilient than those that don’t. Giving our customers personalized support at every stage of their journey is proven to earn their longtime loyalty—and keep them from switching to a competitor. The challenge, however, is that many teams operate in siloes that inhibit them from applying their customer insights in meaningful ways.
In the Sahel region of Africa, political instability and corruption has run rife since decolonisation from European nations. Arbitrary borders were drawn without the consideration of who they will affect.
In today’s diverse society, businesses have a crucial role to play in fostering equality and inclusion. However, the business world often needs to improve to reflect the true diversity of society, both within companies and in their supply chains. To bridge this gap, organizations are increasingly embracing the concept of supplier diversity in their procurement processes.
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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