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Beneath the surface of the forest floor lies a hidden marvel of nature—the mycelium network of mushrooms. This intricate web connects trees, plants, and other organisms, enabling them to exchange nutrients, information, and resources. Remarkably, this natural system operates with principles that can profoundly inform and improve human-engineered supply chains, particularly as we strive for.
In this Olympic year, it was fitting that we handed out some gold medals at Ovation – Procurement Leaders’ CPO summit that took place last month in the Netherlands. Sadly we didn’t have any real gold medals, but the construct of competition did provide the motivation for CPOs to recognise their peers who they believed were doing something extraordinary to drive progress in sustainability.
Ahead of looming deadlines, it's unclear whether either situation will resolve in time to avert these twin crises, or how long any potential work stoppages might last.
“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.
Oceana is a marine conservation nonprofit that has focused on seafood mislabeling for years, or “fish fraud” as it is. The post Fishing for Truth in the Seafood Supply Chain appeared first on Art of Procurement.
17 Preliminary market engagement notices (1) If a contracting authority carries out preliminary market engagement, the authority must— (a) publish a preliminary market engagement notice before publishing a tender notice, or (b) provide reasons for not doing so in the tender notice. (2) A “preliminary market engagement notice” means a notice setting out— (a) that the contracting authority intends to conduct, or has conducted, preliminary market engagement, and (b) any other information specified
Sustainability strategies often revolve around two key concepts: adaptability and resilience. Both are crucial for creating sustainable systems, but they approach challenges in different ways. Here’s a breakdown of how each strategy works: Adaptability Adaptability focuses on the ability of a system or organization to change in response to new conditions.
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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.
Sustainability strategies often revolve around two key concepts: adaptability and resilience. Both are crucial for creating sustainable systems, but they approach challenges in different ways. Here’s a breakdown of how each strategy works: Adaptability Adaptability focuses on the ability of a system or organization to change in response to new conditions.
In partnership with Emitwise: Businesses must elevate their capabilities – and those of their suppliers – to calculate supply chain emissions accurately
The concept behind Foreign-Trade Zones (FTZs) is not hard to grasp — they act as secured places for receiving cargo into the U.S. without incurring tariffs, yet. Then, there are multiple ways those tariffs can be reduced. And yet, many companies are failing to make the most of FTZs to reduce costs, because they’re intimidated by the legal and organizational hurdles.
The need for freight, and its impact on humanity, can be traced back as far as the Silk Road across. The post Freight Electrification as a Service 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
The global supply chain in 2024 faces a myriad of challenges that continue to disrupt procurement processes across industries. The interplay of economic, geopolitical, environmental, and technological factors has created a volatile environment, compelling organizations to rethink their procurement strategies. In this post, we will explore the major procurement supply chain shocks in 2024, their causes, and the potential responses organizations are adopting to mitigate their impact.
Many of us take access to fresh water for granted. It’s on tap. It’s recyclable. Readily available supplies mean it’s not something we have to worry about. Yet, as CDP’s Miriam Denis Le Seve and Sonya Bhonsle told Procurement Leaders members during a recent Risk and Sustainability Cohort Call, four billion people experience severe water scarcity for at least one month each year.
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.
Do you want to create a CV that every Procurement Manager will notice? Here are some tips from someone who reviews and hires based on them. The post Procurement CV – a rant (again) first appeared on ABC of Procurement.
I’ve had a number of conversations recently about my content, not the content itself, but the process I go through. The post The (Lost) Art of Accepting Criticism appeared first on Art of Procurement.
This Spend Matters Vendor Analysis provides an overview of IntelAgree and its contract lifecycle management (CLM) solution. The provider offers end-to-end CLM capabilities and increasingly arises in conversations with practitioners at mid-market firms or large enterprises that are considering a CLM solution. IntelAgree focuses on using AI (including generative AI) to address contract management pain points.
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.
Data has become the lifeblood of business. Much like ice-cold gelato on a summer’s day, leaders just can’t get enough of it. The challenge, as we all well know, is finding the right data, at the right time, and applying it to the right situations to elevate both the quality and impact of decision-making. But as a senior procurement performance manager at one FMCG company shared during a recent Data and Digital Strategy Cohort call, procurement could overcome this challenge by looking to both ext
A survey from Gartner found that effectively responding to team resistance and incorporating feedback increased the odds of transformation success by 62%.
When you read news that a company is thinking about spinning off a division, it is usually because that division. The post Will FedEx Freight hit the open road? appeared first on Art of Procurement.
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
This content does not express the views or opinions of Spend Matters. “Never waste a good crisis” is a phrase worth pondering in the realm of digital transformation for supply chains. Historically, major companies neglected supply chain transformation and digital investments until global disruptions, such as the Covid pandemic, forced a change.
A new study found that 90% of organizations are planning to enhance their ESG investments over the next three years, with a significant focus on improving data management systems using artificial…
A couple of weeks ago I hosted a CPO Connect call during which we spoke to Sandro Scharlibbe, the former CPO of tier-1 automotive supplier Brose and the newly appointed CEO of Küster Holding. Sandro will be well known to many in the Procurement Leaders community – not least for the many awards he and his team picked up during his time as CPO – but also the work he championed on supplier-enabled innovation, which helped inspire many activities we hosted back in the pre-Covid days.
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.
A pipeline notice is intended to give the market place and indication or heads up of upcoming procurement opportunities for the following 18 months. Contracting Authorities are not bound by the information in the notice as this can change over time when requirements become clearer. Actual requirements are in the tender notice 93 Pipeline notices (1) This section applies in relation to any contracting authority that considers that, in the coming financial year, it will pay more than £100 million
Where exactly does intake end, and where does orchestration begin? Our analyst differentiates the two processes and draws a line between the comparisons. This content is for members only. Visit the site and log in/register to read. The post Drawing the line between intake and orchestration appeared first on Spend Matters.
Establishing effective business contracts is crucial for securing the foundations of any enterprise. These documents serve not only as safeguards but also as frameworks for clear operational guidelines.
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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