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Federal Agencies now have fast-track access to market-leading, cloud-based technology to digitally transform government acquisition. REDWOOD CITY, Calif., July 20, 2020 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that it has achieved FedRAMP Ready status for moderate impact certification and is listed on the FedRAMP Marketplace.
What is strategic sourcing? According to businessdictionary.com strategic sourcing is defined as “A method of managing procurement processes for an organization in which the procedures, methods, and sources are constantly re-evaluated to optimize value to the organization.” To add on, strategic sourcing allows organizations to leverage their purchasing power so they can achieve the best […].
“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.
Apple targets a net zero carbon footprint for its entire supply chain by 2030 According to Apple, it is already fully carbon neutral where its corporate operations are concerned.
The revised European Banking Authority (EBA) Guidelines on Outsourcing came into effect on September 30 th of 2019. They update former guidelines on the subject from 2006 and specifications on cloud services outsourcing from 2017. They apply to a broader audience than the previous rules : now including not only banks but also credit institutions, investment firms, electronic money institutions and payment providers, all of whom must abide by these guidelines.
It's unrealistic to believe the U.S. can break China’s monopoly over the rare earth element market through private investment and the opening of new domestic mines.
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It's unrealistic to believe the U.S. can break China’s monopoly over the rare earth element market through private investment and the opening of new domestic mines.
In departments like procurement, there can often be so many concurrent activities that it’s hard to keep track of every single one. While a formidable effort needs to be dedicated to the actual acquisition side of things, just as crucial is the supplier management once onboarded. The contract lifecycle management starts the moment a contract […].
I went down to Barry’s Bikes in my hometown to buy some inner tubes from the bike shop that had been a fixture in my town for decades. Sadly, my bicycle tires are still flat because Barry’s storefront was shuttered. To console myself over the loss of this beloved local landmark, I decided to bake a carrot cake, but I was out of baking powder. At the grocer, the entire shelf of baking ingredients was bare.
The Hackett Group report recommendations on IT & Procurement collaboration and how it can benefit your organization in the time of Covid-19 and beyond. The coronavirus pandemic continues to impact every area of our lives and our businesses in ways that were unimaginable just a few months ago. Whether you are returning to the office or remote working, we are all continuing to assess how we have coped, how we have changed and what we have learned.
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. Supply Chain Should Lead the Boardroom … the Coronavirus Proves it! Chief Supply Chain Officer article and permission to publish here provided by Sam White at argentus.com. At Argentus, we’ve long written about how crucial Supply Chain leadership is to business strategy. With the myriad challenges raised by COVID-19, we feel confident saying that it’s more important than ever before.
How much do you enjoy routine tasks such as updating dozens of price lists, generating purchase requests, and entering and reviewing information for multiple suppliers? Many tasks in procurement are repetitive, tedious, time-consuming and, when performed by humans, highly error prone. They absorb precious time – time that could be spent on more important strategic tasks that add value to the organization and make work more satisfying and rewarding for a procurement professional.
Hospitals and healthcare facilities may not have large inventories or warehouses, but their complex needs stand to benefit from a warehouse management system.
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. What’s the Difference Between Freight Management and Logistics Management? Anyone in Supply Chain has likely heard the phrase “Incoterms”, certainly if you are involved in Freight and Logistics management, or perhaps in Finance. Even if you haven’t heard of “Incoterms” you are more likely to have heard of terms like “Ex Works”, “Free on Board” or FOB, or “DDP&#
Imagine that you’ve decided to make your favorite chocolate chip cookie at home. You opened your favorite recipe, prepared all the ingredients, and pulled out the blender in your kitchen. You then preheated the oven. First, you attach the beater tip to mix the egg and the sugar. Next, the chopper tip for the chocolate. Then, you remove the chopper tip and attach the dough hook for the final mix.
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. Do you have a Freight Management Strategy or are you Spinning your Wheels? AEI tags article and permission to publish here provided by Adrian Brito on behalf of Industrial Networks. In the shipping industry, automatic equipment identification (AEI) tags are the lifeblood of data collecting.
Inventory is the biggest entry in the balance sheet of many distribution companies and fast deliveries are becoming increasingly important in today’s digital world – especially as an increasing number of people are working remotely. Failing to stock the right items doesn’t only result in lost sales. Unhappy customers can ruin a company’s online reputation in a few clicks and if you can’t deliver, one of your competitors most likely can.
COVID-19 has thrown the global economy into turmoil, interrupting normal operations everywhere, wreaking havoc on supply chains, and causing a severe drop in global trade. Asia, of course, is not immune.
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.
Larger organisations tend to use enterprise level ERP systems such as SAP and Oracle, neither of which are particularly user-friendly. In fact, the average person who only uses them to request, approve or receive goods and services will usually find them cumbersome to the point that they find ways around them. Organisations typically react to this by offering solutions such as punch-out catalogues and P-cards, or even third-party integrators and BPO to deal with tail spend.
Introduction. “Vendor - neutral describes a state in which no one vendor can control the definition, revision or distribution of a specification.” Gartner. Allowing for broad compatibility and interchangeability of vendors and technology. Why Does it Matter? Avoid Vendor Lock-In. Relationships with vendors are important, however if this results in the vendor being specified, as opposed to the requirement, this is not a good result.
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
Quick and efficient arrival of electronic components is essential for any equipment manufacturer to run successfully, but long lead times are increasingly causing halts in production. Here's a breakdown of today's blockages — and how to deal with the disruption.
Introduction. “Vendor - neutral describes a state in which no one vendor can control the definition, revision or distribution of a specification.” Gartner. Allowing for broad compatibility and interchangeability of vendors and technology. Why Does it Matter? Avoid Vendor Lock-In. Relationships with vendors are important, however if this results in the vendor being specified, as opposed to the requirement, this is not a good result.
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