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18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter CSR Policy — Transforming Sustainable Procurement CSR policy is important to ensure that a company ethically conducts its business operations. However, what is it? In this article, we will discuss what CSR policy is. We will also tell you the benefits of CSR policy when adopted in business operations and how you can use it to make a sustainable procurement policy.
Where's the procurement planning when you need one? Once, we wrote about demand management in this blog. It's a good enough topic, which misses one crucial element - demand management mastery comes after sophisticated planning. In some companies (and I'm quoting my own experience), procurement planning barely exists. Our colleagues tend to accept the business demand for granted and not try to understand or, God forbid, challenge 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.
Benefits Realization in Procurement Benefits realization in procurement allows professionals to identify areas for improvement, adjust procurement processes, and optimize procurement activities to achieve better outcomes By Hugo Britt | April 6, 2023 Search Welcome to Una’s Pain Points in Procurement series. Each week, the Una team will explore one of ten common pain points impacting procurement today, and put forth actionable solutions to each of these challenges.
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Sustainable Supply Chain Analysis — Embracing Sustainability Sustainable supply chain analysis involves evaluating how sustainable your suppliers and your processes that both pertain to how transparent your supply chain is.
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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.
In August of 2022, the relationship between FedEx Ground and their network of delivery contractors looked like it was about. The post [Pod] Case Dismissed: Spencer Patton Prevails Over FedEx appeared first on Art of Procurement.
UCB CPO Sebastien Bals sits down with Procurement Leaders’ chief product officer David Rae to share some insights into his function’s response to the ongoing polycrisis. Among other subjects, Bals reveals how the purchasing team at the Anderlecht-headquartered global pharmaceutical company has leveraged machine-learning technology to create a digital twin of its supply chain to uncover previously hidden vulnerabilities, as well as the steps buyers are taking to pre-qualify suppliers
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Sustainable Procurement Business Drivers — Embracing Sustainability Sustainable procurement business drivers are the factors why many businesses embrace sustainability within their operations. However, what are these “drivers” that make organizations strive for sustainable 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
How did you get into procurement? I sometimes wonder actually, how did I end up here? But it was quite simple for me, I was leading the National operation for a rather large FMCG organisation and this included logistics, supply chain, quality management, innovation and field operation, unbeknown to me there was a procurement team from the centre that had decided to consider outsourcing the whole operation, but what they had failed to do was engage with the key stakeholder, me.
Ivalua Spend Management Insights [ivory-search] 2023 Ivalua NOW Paris: Recap + Photos! April 6, 2023 | | Ivalua NOW 2023 Ivalua NOW Paris Day 1 + 2 Recap Paris may be the City of Lights, but Ivalua NOW was a bright beacon in its own right! With the same enthusiasm and innovation as always, we gathered together this year to explore a new frontier of possibilities in procurement.
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter How Companies Can Benefit From Sustainable Procurement Many businesses are shifting towards sustainability due to the perceived benefits when applied to the actual processes in procurement and supply chain. However, what are the benefits of sustainability?
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.
How did you get into procurement? I sometimes wonder actually, how did I end up here? But it was quite simple for me, I was leading the National operation for a rather large FMCG organisation and this included logistics, supply chain, quality management, innovation and field operation, unbeknown to me there was a procurement team from the centre that had decided to consider outsourcing the whole operation, but what they had failed to do was engage with the key stakeholder, me.
Categories: Best Practice , Cost Management , Procurement Strategy & Planning Tags: sponsored post Equipment leasing is a well-known, strategic financial tool, especially when interest rates are rising. Nearly 80 percent of US companies use some form of financing when acquiring equipment (source: 2022 Equipment Leasing & Finance Industry Horizon Report, ELFA).
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.
This year’s tournament, which will be the fourth time the event has been held, provides an excellent opportunity for procurement professionals to come together and raise funds for Macmillan Cancer Support. Procurement Heads’ Financial & Professional Services team will host this year’s tournament, which will take place in London on the evening of Thursday 18th May.
With the capability to produce and store liquified hydrogen where and when it is needed, the tipping point has been reached and the hydrogen economy is here.
If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line.
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.
This year’s tournament, which will be the fourth time the event has been held, provides an excellent opportunity for procurement professionals to come together and raise funds for Macmillan Cancer Support. Procurement Heads’ Financial & Professional Services team will host this year’s tournament, which will take place in London on the evening of Thursday 18th May.
Businesses in the industrial metals industry must increasingly rely on digital tools such as real-time product tracking to optimize their items’ journey and to provide data to inform decisions.
Kris Lance is a senior director with the group purchasing company Una. He’s an experienced leader with a proven history of success across multiple industries, especially in healthcare and IT procurement. Kris describes himself as a “seeker of truth”, and here he takes a look at the tech landscape in procurement – and in particular, data. We asked: “As the availability of more sophisticated technology is matched by the opportunity to acquire increased levels of data, the temptation to run h
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
Categories: Contract Management , Procurement Systems & Architecture , Solution Providers , Source-to-Contract Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Spendflo and its solution for SaaS procurement and management. The influx of business reliance on SaaS applications has caused these systems to be a headache for many companies, and, according to McKinsey, the demand for these applications has created a global market of $3 trillion that has attracted numerous s
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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