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Critics of cradle-to-grave sustainability efforts have long hoped for simple, and easier alternatives when it comes to food packaging. Fortunately, the circular economy offers the perfect solution.
In today’s fast-paced business environment, procurement professionals face many challenges, from managing supplier relationships to mitigating risks and controlling costs. To address these challenges, many organizations turn to source-to-pay (S2P) suites because they include a comprehensive suite of tools designed to optimize processes and enhance cross-functional collaboration.
S upply chain leaders today can not only analyze the past and present to determine the likelihood of outcomes, but can also look to the future to manage them — a practice known as prescriptive analytics.
“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.
In today’s fast-paced business world, supplier auditors are like hidden stars. They are critical to… The post 5 Game-Changing Tools for Modern Supplier Auditors first appeared on Procurement Blog | Procurement & Supply Chain News.
This content does not express the views or opinions of Spend Matters. As the digital landscape expands, the convenience of online transactions is shadowed by the increasing prevalence of payment fraud, paired with the traditional risk of fraudulent paper checks. With scams ranging from duplicate billing to false vendor invoices and overcharging, businesses face significant risks that can impact their financial integrity.
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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.
This content does not express the views or opinions of Spend Matters. As the digital landscape expands, the convenience of online transactions is shadowed by the increasing prevalence of payment fraud, paired with the traditional risk of fraudulent paper checks. With scams ranging from duplicate billing to false vendor invoices and overcharging, businesses face significant risks that can impact their financial integrity.
AI, digitization and orchestration are among the most important developments in supply chain today, says Omer Rashid, vice president of operations development at DHL Supply Chain.
Today’s global marketplace is fast-paced and ever-changing. Companies are focusing more on sustainability. The eco-friendliness… The post Top Sustainable Practices Every Sourcing Consultant Should Follow first appeared on Procurement Blog | Procurement & Supply Chain News.
Spend Matters is focusing on Intake and Orchestration as its main theme of deep research this quarter because we believe it is the fastest-growing procurement tech market segment today. If you’d like to understand more about what intake management and orchestration mean for procurement, read our Guide to Intake and Orchestration here. As part of our research we are conducting analyst-led analysis / thought leadership , solution provider deep-dive analyses , webinars , and interviews with both th
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
The power to guide supply chain challenges effectively is essential for any business in a difficult and fast-paced industry. According to statistics, the global supply chain control market is predicted to reach USD 37.41 billion by 2027. In charge of maintaining seamless processes and securing long-term success, current businesses must focus on stability and modification due to unexpected disorders and transforming market necessities.
Earlier this week, 16-18 June, ESOMAR hosted its conference, The Art of Science and Innovation , in Chicago, Illinois. ESOMAR is a non-profit membership organization that explores key insights, analytics and research topics. The key themes of the conference were ongoing innovations such as AI and actionable analytics. The conference highlights were the presentations from various researchers, academics and other organizations on the latest developments in (generative) AI, as well as different mar
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.
Tracking inventory solely within the four walls of a warehouse isn’t enough to stop shrinkage, says Eddie Misicka, vice president of product and solutions at OneRail.
In 2019, Pioneer Natural Resources, an independent shale oil producer in West Texas, was worth $24 Billion. Their CEO, Scott. The post Former Pioneer Oil CEO Scott Sheffield – Colluder or Scapegoat? appeared first on Art of Procurement.
Part 2 of this Spend Matters Vendor Analysis focuses on the strengths and opportunities of GEP’s S2C solution. We will also look at the voice of the customer and the elements to consider when looking at GEP as a potential solution provider. Part 1 of the series provided a history and overview of GEP’s S2C solution as well as the solution’s roadmap/vision.
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.
Kearney's annual State of Logistics report estimates that sea level rise and inland flooding could cost the logistics industry billions annually by 2050.
Procurement isn’t just about finding the cheapest options. It’s a smart strategy that helps companies… The post How Sourcing Consultants Use AI for Better Procurement first appeared on Procurement Blog | Procurement & Supply Chain News.
Intake and orchestration (I&O) solutions can transform initial customer requests and subsequent interactions for just about any business into streamlined, end-to-end, secure and transparent engagements. But these solutions are quite new to the market and as yet their definition and value is not very well understood, so it’s hard to make the case for investment.
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.
What are your thoughts regarding the following statement: These companies had high valuations with little to no profits, riding the wave and hype of the new tech. A booming equity market funded them in the early 2020s, which came with cheap capital. When the money dried up, and these companies had no self-sustaining profits to continue operating , the crash finally came.
Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – June 21st, 2024 appeared first on Art of Procurement.
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
When vetting potential suppliers and customers, it's vital to assess their risk-management profiles and strategies, says Danny Thompson, chief product officer at apexanalytix.
EPISODE 170 Understanding Data and Risk in Decision Making with Blake Tablak By Kelly Barner | June 19, 2024 The volume of data available at our fingertips can sometimes create the illusion that any information is accessible, that decision making is improved, and that failure is avoidable. Once we get past that illusion and accept the reality of even data-driven decision making, we can finally be on the road to success.
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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