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Procurement has evolved from a back-office function to a strategic driver of innovation and value. While technology is at the heart of this shift, jumping on the digital bandwagon isnt always as simple as plugging in some shiny new software. Real transformation demands a mix of creativity, strategy and much patience. Change management isnt a sidekick in this story; its the star of the show.
In the tumultuous world of trade wars and economic uncertainty, one behemoth stands unwaveringly confident in its ability to navigate the stormy waters of tariffs. General Motors, a titan of the automotive industry, exudes a steely resolve as it declares its readiness to tackle the challenges imposed by the unpredictable tides of trade policies.With a bold spirit and a strategic vision, GM stands poised to demonstrate its resilience in the face of adversity.
The Reality of Corporate Sustainability Today I’ve spent years watching organizations grapple with sustainability transformations, and I’ve come to a difficult realization: We’ve overcomplicated the path forward. In our eagerness to measure, analyze, and comply, we’ve created a labyrinth of complexity that’s paralyzing action rather than enabling it.
“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.
Theres a growing demand for certified professionals in the supply chain industryin fact, the employment of logisticians is projected to grow 19% from 2023 to 2033. This is a much faster rate than the average for all occupations. Supply chain certification equips companies and teams with the knowledge, tools, and techniques they need to design, manage, and optimize complex supply chains.
Both Metaprise and Orchestration & Intake models are emerging frameworks designed to unify and optimize procurement processes , but they serve different purposes and operate at different levels. 1. What is a Metaprise? A Metaprise (Meta + Enterprise) is a networked enterprise ecosystem where multiple organizations, suppliers, and partners are seamlessly interconnected through a digital procurement infrastructure.
As many procurement professionals have discovered, transforming your processes to meet todays challenges in an effective manner is not as simple as writing a new mission statement. The success of the Procurement team at Utz Brands, Inc. , a snack food company, came from how they intentionally targeted key strategic initiatives under Senior Vice President and Head of Procurement Ron Schnurs leadership.
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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.
As many procurement professionals have discovered, transforming your processes to meet todays challenges in an effective manner is not as simple as writing a new mission statement. The success of the Procurement team at Utz Brands, Inc. , a snack food company, came from how they intentionally targeted key strategic initiatives under Senior Vice President and Head of Procurement Ron Schnurs leadership.
Supply chains are the backbone of global trade that ensure the smooth movement of goods and materials across industries. However, disruptions such as economic downturns, geopolitical tensions, natural disasters, and pandemics continue to expose vulnerabilities in their operations. Businesses must find effective ways to strengthen their networks and improve flexibility to maintain stability during uncertain times.
2024 was widely reported as the most elected year in modern history with voters going to the polls in more than sixty countries. Incumbent governments suffered as electors voted for change. One of the recurrent themes was dissatisfaction with critical public services. Many taxpayers feel that they neither meet expected satisfaction levels nor deliver value for money.
Modern procurement professionals need to be among some of the most highly skilled workers in any organization, and we want to help you identify exactly what essential procurement skills you need to lead your team as the industry continues to grow and evolve. Were going to examine what skills are necessary for procurement leaders, why theyre important, and how you can effectively train to lead your team in a highly complex and still-growing field.
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
I don’t want the following quote from a famous business book to be misunderstood or suggest that negotiation between buyer and supplier is an act of war: “Every battle is won before it is ever fought.” For example, between March 2009 and May 2019, I aired 900 episodes of my BlogTalkRadio show. I talked with industry leaders, top politicians, and celebrity executives.
This content does not express the views or opinions of Spend Matters. Ramp recently hosted a panel of seasoned procurement practitioners to discuss and debate next-gen procurement, how procurement should be positioned and approached for businesses implementing a formal process for the first time, and practical steps to stand up a function from scratch.
In the intricate dance of global trade, Mattel emerges as a nimble player, deftly navigating the shifting sands of tariffs and regulations. As the specter of new tariffs on Chinese imports loom large, the toy giant’s strategic use of a diversified supply chain comes to the forefront, showcasing resilience and adaptability in the face of uncertainty.
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.
I just got back from Training Magazine’s Training 2025 Conference and Expo. And truth be told, it was worth every second. Forget the usual conference fluff where speakers peddle theories they’ve never tested. This conference was the real deal practical solutions from people doing the actual work, not just talking about it. The best part?
Procurement Priorities for 2025 and Beyond The manufacturing industry is evolving rapidly, leaving Chief Procurement Officers (CPOs) grappling with challenges that could make or break their organizations. Amid economic uncertainties and geopolitical shifts, procurement leaders face mounting pressure to drive sustained growth. The most recent Hackett Group Report highlights key priorities reshaping procurement in 2025, including technology adoption, the rise of Generative AI, and managing emergi
“I did receive your very well-written paper. It is very insightful, and I have some questions that you might be able to answer in a few seconds on our next call. I have seen that approach in the B2C segment, but I have not seen that in the B2B segment. I’m curious to learn so much from someone knowledgeable like you.” – CPO | Advisor | IIT | NUS | Stanford | Exxonmobil | Chevron | E&Y (February 2025) Based on my research and work between 1998 and 2004, I wrote a paper
The Spend Matters team attended the SOVRA Summit on February 19, and let us tell you that getting downtown in sub-zero weather in Chicago is a summit in itself. Despite the cold weather, the room was filled with passionate public procurement practitioners and suppliers who were eager to chat and learn. We already knew that SOVRA delivers best-in-class customer service (it is a Customer Favorite in Spend Matters SolutionMap ), but meeting its satisfied customers firsthand underscored just how wel
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.
Visibility is a massive challenge for most supply chains. Businesses often dont know whats going on past their tier-one suppliers, so disruptions and delays can hit suddenly and unexpectedly.
As the wheels of the trucking industry continue to turn, the question on everyone’s mind is: where are trucking rates headed in 2025? In a landscape shaped by ever-changing demands and external factors, seven industry executives have stepped up to share their insights and predictions. Join us as we delve into the crystal ball of the trucking world and uncover the road ahead.
AI is evolving rapidly. From rule-based systems to predictive analytics and the generative AI boom, businesses have leveraged these technologies to optimize operations, forecast trends, and create data-driven strategies. However, the next wave of AI innovation is here: autonomous AI agents. Agentic AI refers to proactive, self-learning systems capable of making independent decisions, solving problems, and continuously adapting to changing conditions.
What is Source to Pay (S2P)? Everything You Need to Know End-to-end process and end-to-end solution may be one of the most overworked phrases in business and IT. Yet in the case of source to pay, it is wholly justified. The term refers to the entire journeyfrom finding suppliers and negotiating contracts to finalizing agreements and making the final payment for goods.
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
EDITOR’S NOTE: Dr. Thierry Fausten shared the following link regarding a new publication in AJG3* Journal of Managerial Psychology. The paper discusses the influence of Technophobia on managers’ adoption of Generative AI. Hope it will help managers in the modern time capturing more opportunities from GAI. Many thanks to the editorial team and congratulations to my co-authors Prof.
Like it or not, Procurement and Supply teams are in the midst of a digital revolution that looks set only to advance. Digital is transforming everything from B2B to B2C and beyond: what we consume and buy, how we consume and buy and how we work. That means all parts of a business are on the spot to keep up and do digital. Procurement, we would argue, needs to embrace digital more than any other given it touches every part of the organization; however, as our analyst Bertrand Maltaverne wrote in
Procurement software for SMEs (Small and Medium-sized Enterprises) is often an overlooked area. The procuretech space is dominated by solutions geared towards larger enterprises with substantial budgets. However, a closer look reveals a vibrant market of specialised providers catering specifically to the needs of SMEs. This, despite their quieter presence when it comes to marketing.
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.
In the intricate tapestry of the global technology landscape, Taiwan stands as a shining star, playing a pivotal role in the supply chain of one of the most crucial components – chips. From the bustling streets of Taipei to the cutting-edge facilities of Hsinchu, Taiwan’s prowess in semiconductor manufacturing has not only propelled its own economy but also holds significant sway over the world’s technological advancement.
Strategic Sourcing Simplified: Best Practices for Maximizing Value Strategic sourcing goes beyond cost savings its about making informed decisions that drive long-term value. A successful approach requires careful assessment of supplier bids, followed by structured onboarding, continuous monitoring, and performance measurement. Now well dive into best practices in these critical areas to ensure a more effective and resilient sourcing strategy.
“AI agents set to revolutionise procurement in 2025. Music to your ears Jon W. Hansen ” – Sheldon Mydat LinkedIn Post (February 9th, 2025) As long as it hits the right notes, Sheldon Mydat. A quick check – you do know that I have been in high-tech for more than 40 years and love and work with AI architecture – I even sold a company I started in 2000 based on self-learning algorithms within a nascent AI platform. – [link] After you read the post, consider the f
This Spend Matters Vendor Analysis gives an overview of Circulor, a blockchain-based traceability solution built to track materials that change physical and chemical states and cannot be tagged nor managed at batch level. Such materials include rare earth minerals, plastic, leather and palm oil. These capabilities are critical for improving the transparency and understanding of global and distributed supply chains and complying with regulations on certain raw materials (e.g. conflict minerals) a
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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