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Hiring for Procurement in the Project Economy. By Hugo Britt | December 20, 2022. The shift to the project economy has been so subtle that perhaps you haven’t noticed it happening. But the reality is that project-based organizational structures are replacing top-down, role-based hierarchies in businesses of every size. Ask yourself if you’ve noticed any of the following trends in your workplace.
33 Procurement Interview Questions in 2022. Download Whitepaper →. . Or receive our famous weekly newsletter. How To Negotiate With A Business Partner. If you own a business, you’d know how hard it is to handle everything. You have to find the capital, manage employees, and keep track of profits. This is one good reason to get a deal with a business partner.
“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.
More and more companies are adopting advanced technologies such as blockchain, artificial intelligence, and the internet of things (IoT) to transform their supply chains and keep pace with market requirements.
33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. Financial Supply Chain — The Ultimate Guide of 2023. Supply chain collaboration is definitely new to many newcomers in the supply chain industry. It may be an overused term in the supply chain but still confuses a lot of people. . In this article, we will discuss what supply chain collaboration 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.
Redwood City, CA, December 20, 2022. Ivalua, a global leader in spend management , today announced that Hillenbrand, Inc. (NYSE: HI), a global industrial company, has selected Ivalua to centralize its supplier communication, contract data, and help consolidate best-in-class procurement processes. Hillenbrand required a platform to centralize supplier communication, contract data, and support its growth while providing the basis for future scalability into Procure-to-Pay (P2P).
Intelligent prediction is more important than ever in enabling our vastly complex supply chains to operate in real time and deliver on customers’ needs.
33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. Contract Lifecycle Management Software — The Ultimate Guide of 2023. Integrating contract lifecycle management software is one of the best ways to manage contracts in a company. However, what is it? In this article, we will discuss what contract lifecycle management software is.
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 to Minimize Price Increases. Unless you’re Walmart, most businesses wouldn’t be able to tell their suppliers to “just don’t raise prices” So, what can you do? Here’s a few tips for minimizing those sneaky and not-so sneaky price increases for your products. A Penny for Your Copper? Apparently copper was feeling left out of the supply chaos happening around the world and wanted to get in on the action.
Uncommon Goods can experience sales spikes during its typical six-week peak period of up to 10 times the average volumes in Q1 and Q3, and typically does two-thirds of its business in Q4.
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 articles about predictions and insights on procurement, supply 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 the
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.
It's difficult to pinpoint the most important department when it comes to everything that goes on in the warehouse but a case can be made for fulfillment. During the pandemic, when lockdown measures created staffing shortages just as demand for consumer goods skyrocketed, fulfillment was overwhelmed with orders, creating shipping delays that persisted for months.
Proactive pandemic management strategies are an investment in business viability and supply chain resilience, and also enhance business operational capabilities.
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 articles about predictions and insights in procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year is no different as we’ve framed the subject around “insights,” highlighting providers' observations from the year they’ve left behind and how they
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.
How to Bring More Spend Under Management. By Hugo Britt | December 22, 2022. Pocurement professionals apply the term spend under management to measure and communicate their team’s impact on the organization at large. While the definition can vary, it’s generally defined as the percentage spend that falls under procurement’s management. Some organizations define SUM as any spending that leverages preferred supplier contracts.
Categories: Best Practice , Commentary , Procurement Systems & Architecture Tags: EU , Insights Series For several years now, Spend Matters has been collecting and publishing a series of articles about predictions and insights on procurement, supply 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
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.
Episode 95: All Eyes on China - the Human Side of Current Events with Kris Lance. By Kelly Barner | December 21, 2022. In 2022, the world read news headlines that included skyrocketing energy costs, the horrors of war, rising food insecurity, complex economic troubles, and more. While the issues at the heart of these stories differed greatly, they all have one thing in common: human impact.
Winter is upon us, and with the arrival of cold weather, rising energy prices, and oil and gas supplies being impacted by geopolitical tensions, businesses once again face potential supply chain challenges.
Categories: Industry News , Procurement Strategy & Planning , Procurement Systems & Architecture , Solution Providers Tags: EU , mergers and acquisitions On December 12, 2022, Coupa announced that it had entered into an agreement with Thoma Bravo to be acquired. This article serves to take a high-level look back at Coupa’s life as a company thus far, with links to our previous coverage, as well as to provide a brief analysis of its time as a public company.
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
At the operational level, regional supply chains could replace traditional global supply chains. But is friend-shoring so easy to implement? Probably not, but it is certainly worth evaluating.
The next stage of development will see it spooled up using 100% sustainable aviation fuel, a kerosene replacement that’s set to play a key role in cutting net emissions in coming few years.
Categories: Best Practice , Commentary , Procurement Strategy & Planning Tags: Insights Series , PRO For several years now, Spend Matters has been collecting and publishing a series of articles about predictions and insights on procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year is no different as we’ve framed the subject around “insights,” highlighting providers' observations from the year they’ve left behind and how the
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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