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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. .
Managing returns is driving up costs and becoming a growing concern for business leaders. As such, it’s never been more important for retailers to solve the reverse logistics puzzle.
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 […].
“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.
“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.
“ Companies that fail to adapt to climate change will go bankrupt without question. “ -Mark Carney, Bank of England Governor. Those are some very forceful words from Mark Carney, Bank of England Governor, but he’s not entirely incorrect. The world continues to change and evolve, and supply chains are not excluded from that process. In fact, currently 80% of the carbon footprint comes from the global supply chain. .
Debbie Altham, senior director of the technology team with Sikich LLP, reveals the findings of a new survey of manufacturers and their supply chains, conducted by the firm in partnership with Industry Week.
To date, 89% of businesses in the United States have adopted a digital-first enterprise strategy. And according to Tech Pro Research, 70% of businesses already have a digital transformation strategy in place or are drafting one. Procurement digital transformation, in particular, promises to increase productivity, reduce operating costs, improve the end-user experience while keeping businesses […].
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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.
To date, 89% of businesses in the United States have adopted a digital-first enterprise strategy. And according to Tech Pro Research, 70% of businesses already have a digital transformation strategy in place or are drafting one. Procurement digital transformation, in particular, promises to increase productivity, reduce operating costs, improve the end-user experience while keeping businesses […].
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.
Procurement technology comes in many different shapes and forms. However, the main goal of most procurement technology is to create efficiency throughout the entire lifecycle of a procurement activity or contract. This is a rather lofty goal, as procurement departments are heavily involved in almost every aspect of an organization. Procurement, as an overarching department, […].
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. Reasons for Bitcoin Price Fluctuations ! Bitcoin volatility article and permission to publish here provided by Jean Nichols. Bitcoin is an utterly free currency not subjected to rules and protocols of government authorities. All the more, bitcoin was not composed to make you rich but was composed to make you accessible.
COVID-19’s impact on business has drastically changed how supply chains function and how we, as end users, work. It has forced the world to rethink, pivot and adapt to digital technology. It has also exposed the gaps that result in inefficiency and costs, plus the blurred relationships between employees, vendors and customers. The largest identified gap between procurement and payment is the Accounts Payable (AP) process.
Container shipping rates from Asia to the U.S. and Europe increased to new record levels over the past week, ensuring transportation costs will stay elevated for companies heading into a peak season for rebuilding inventories.
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.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Article and permission to publish here provided by Joe Johnston. Codeless Test Automation eliminates the need to write scripts, and hence it is widely preferred by companies in recent years. It has proven to be highly advantageous to the testers. Testers can now easily comprehend and perform testing with a basic or no knowledge of coding.
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.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Drop Shipping Teddy Bears! Get Our EBOOK HERE. Article and permission to publish here provided by Jake Rheude at redstagfulfillment.com. Online shoppers have come to expect the instant gratification of next-day delivery. Consumers’ willingness to wait to receive their orders has dwindled significantly in the past half-decade.
Global vaccinations of seafarers are going too slowly to prevent outbreaks on ships from causing more trade disruptions, endangering maritime workers and potentially slowing economies trying to pull out of pandemic slowdowns.
I recently presented at the 41st ISF symposium from the International Institute of Forecasters , where I discussed #cognitiveautomation in planning & forecasting, which is availably in this video (25 min). I cover: – why #artificialntelligence alone is not enough to achieve #intelligentautomation – what’s really required to achieve #autonomousplanning ?
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.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! Yin and Yang article and permission to publish here provided by Sam Jenks at Kodiak Rating. Procurement and Sustainability are your business’ Yin and Yang. The question is; are you harnessing the natural power they create together? For those that aren’t familiar, or like myself are more familiar with the symbol than the concept, the principle of Yin and Yang is a concept of dualism,
Helping businesses reduce the risk of supply chain disruption, optimize inventory levels and make better buying decisions. Redwood City, CA, July 13, 2021 – Ivalua, a global leader in Cloud Spend Management solutions, announces an extension of its Procure-to-Pay solution with a new Inventory Collaboration capability. The solution streamlines and automates the management of inventory levels, the stock replenishment process and collaboration with suppliers for Vendor Managed Inventory (VMI), addre
The European Union rolled out a climate plan that will transform every corner of its economy — from how people heat their home to the cars they drive — as the bloc uses a massive overhaul of rules to position itself as a global leader on the environment.
This is the best of times and worst times for retail. On one hand, online sales taking retail to new frontiers by offering endless choices from the comfort of home and taking away from the sales of brick and mortar stores, and on the other, e-commerce businesses are scrambling to open brick and mortar stores. … Continue reading "4 Smart Supply Chain Strategies for Boosting Customer Experience".
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. What are Bitcoin Wallets? Bitcoin achieved decentralization article and permission to publish here provided by Jean Nichols. Bitcoin was composed as an electronic cash system at first glance. However, Bitcoin is the first-ever decentralized cryptocurrency that was subjected whether peer to peer network.
Templegate Technologies, Recognized as one of the most promising procurement solution providers in India. Templegate Technologies , is a alliance partner for award winning Cloud Software Solution in Procurement Automation & Spend Management. Founded by an Team of IT professionals who have spent decades in Technology companies like SAP, Oracle and Infor working in the area of Supply Chain Management.
Like all modes of freight transportation, the air cargo sector was hit hard by the COVID-19 pandemic, struggling with tight restrictions on operations even as demand for services soared.
Over the last decade, apparel retail has gone through a significant shift and has turned into a game of fast, faster and fastest. So many of the previously well-known retail brands are now struggling to sustain growth while a few keep capturing more and more of the market. Customers today are also savvier in the … Continue reading "Are Your Planning And Retail Analytics Tools Fast Enough For Fast Fashion?".
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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