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Procurement professionals of all types face a challenging and dynamic work environment. But those in the health and pharmaceutical industries deal with particularly demanding circumstances. The pandemic and resulting supply chain disruptions have added extreme pressure on the health and pharma sector to address shortages quickly and efficiently. During the pandemic, healthcare needed to treat people with COVID-19, and the pharmaceutical industry had to increase the production and distribution of
What is supplier centricity? Being supplier centric means not treating suppliers as a commodity but setting them with the right foundations to do their best work for you. It is a mindset shift that acknowledges that all suppliers, rather than just the strategic few, should have access to a one-to-one style relationship. It also means that the organization is able to ‘put itself into the shoes of all suppliers,’ and is able to identify ways of removing friction on an ongoing basis, so that suppli
Supply chain issues have negatively affected companies worldwide since early 2020. The COVID-19 pandemic brought restrictions and changed policies for businesses, leading to shortages in supplies and workers.
Ivalua scoops hat-trick of awards at Comparably’s latest Best Companies ranking. Redwood City, CA, December 16, 2022. Ivalua, a global leader in spend management , today announced that following anonymous votes from employees across all its departments and international office locations, the company has been ranked by Comparably among the top 100 companies with the best culture, as well as a best company for women and for diversity.
“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.
Maintaining vendor relationships is crucial to your business. However, ensuring quality and effectiveness is just as important. Explore how to create and use a supplier scorecard to measure and optimize vendor performance. The post How to use a supplier scorecard: Guide, examples and best practices appeared first on RFP360.
Amazon Sued by Supplier for Breach of Agreement Gilimex Inc a Vietnamese warehouse equipment manufacturer is suing Amazon for $280 million, claiming that the e-commerce giant backed away from agreements…
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Amazon Sued by Supplier for Breach of Agreement Gilimex Inc a Vietnamese warehouse equipment manufacturer is suing Amazon for $280 million, claiming that the e-commerce giant backed away from agreements…
Ivalua platform selected to improve efficiency, transparency, and the employee purchasing experience. Redwood City, CA, December 15, 2022. Ivalua, a global leader in spend management , and Capgemini, a global IT services and consulting firm, today announced that after a comprehensive evaluation of available technology solutions, the Volkswagen Group has chosen Ivalua’s platform to digitize its global indirect procurement processes for the Group’s entire brand portfolio.
It's important to measure the impact of Russia's invasion of Ukraine on the U.S. economy, and determine which commodities are likely to be in short supply as a result.
Rising climate change awareness has led to higher demand for sustainability actions. Consumers have made clear that businesses must demonstrate corporate responsibility for their environmental footprint.
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
However, our article ‘What’s Happening in the Procurement Recruitment Market’ states that we are entering volatile and uncertain times – affecting the ease with which companies can recruit the best procurement professionals. In times like these, it’s crucial to turn to the latest technologies, which facilitate greater ease of operations to reduce strain on current employees and attract the top talent and supplies to your business.
All of these important trends will improve the performance and resiliency of supply chain and logistics and better align the industry with key global macro-trends such as sustainability.
Categories: CSR , Sponsored Article , Sustainability Tags: Sponsored Article Sustainability, ESG, net zero and carbon neutrality have peppered the headlines for the last several years, but post-Covid, procurement is doubling down on its commitment to conservation. Organizations are feeling the pressure to redefine their own environmental goals and are starting to implement lasting changes that will reshape internal operations.
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.
For the latest in Procurement Heads ‘ Big Interview series, he spoke with Will Cooke about his procurement career, the challenges he and the team are currently facing and how he spends his spare time. How did you get into procurement? I suspect, like many people, I fell into it. Many years ago I took up a job in a retail wholesale environment, buying and selling electronic components.
Categories: Industry News , Source to Pay , Spend Management Tags: EU , mergers and acquisitions Giant of the Business Spend Management (BSM) world, Coupa Software, this morning announced it has entered into a definitive agreement to be acquired by Thoma Bravo, one of the largest private equity firms in the world. "This is an all-cash transaction with an enterprise value of $8.0 billion.
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.
For Procurement Heads ‘ latest Big Interview, James spoke with James Dobbin about all things procurement – including his own procurement career, insights into Portland, current hot procurement topics and what he looks for when hiring into his team. How did you get into procurement? I’ve been in procurement for such a long time now. I originally got into it by accident.
Supply chain decision-makers who overcome their fear of artificial intelligence (AI) and have embraced AI-driven technology, like AI-driven sales platforms, fare best and thrive.
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.
For Procurement Heads ‘ latest CPO Spotlight, Jessica spoke with Rupert Gaster about her career and why Essity places such importance on sustainability. Could you tell us about your background and your journey into becoming CPO at Essity? I am from Sweden, born and raised on Hising Island, which is part of Gothenburg, the second largest city in Sweden.
Like all major regions of the world, Latin America is struggling to emerge from the shadow of the pandemic. But its long-term prospects for trade and logistics development are strong.
Categories: Best Practice , Commentary , Procurement Strategy & Planning Tags: EU , Insights Series For several years now, Spend Matters has been collecting and publishing a series of predictions and insights on procurement, supply chain and services trends for the year ahead from expert tech and service providers in the market. This year is no different and we’ve framed the subject around “insights,” highlighting providers' observations from the year they’ve left behind and how they see the
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
Episode 94: Fostering Sustainability in the Real World with Jonathan O’Brien. By Kelly Barner | December 14, 2022. Over the last 20 years, there has been a groundswell of interest in sustainability. Turning that interest into action will require procurement to be at their very best. If there is one thing missing from many of the efforts that have been made so far, it is taking a cohesive approach to operationalizing sustainability goals and targets.
Categories: Sponsored Article , Supplier Management , Sustainability Tags: EU , Sponsored Article Scope 3 emissions — all the indirect emissions that a company generates over the course of its operations, from raw material extraction down to end consumer and disposal — are comfortably the biggest source of emissions for virtually any business. Despite the importance of reducing them, the disclosure of Scope 3 emissions is not currently compulsory in most countries and cases.
Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón
Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how a composable approach helps modernize commerce stacks while maintaining control over critical systems.
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