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Several USB sticks with malware have been found plugged into computers on freight vessels in Norway, Greece and the Netherlands dating back to January.
For over a decade, one public-private partnership has worked to make lifesaving medicines available in the most remote parts of. The post Chasing a Common Supply Chain Objective: Saving Lives appeared first on Art of Procurement.
When it comes to ESG, there have been growing murmurs of discontent recently as political figures – predominantly in the US – attempt to push back on its growing influence. The arguments, which I won’t explore in detail here, are focused around whether markets are being manipulated and whether investors and corporations are being forced down a particular route unwillingly due to the reach of increasing regulation.
“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.
Traditionally, purchasing and supply management (PSM) has strongly relied on data management, as procurement managers need to dispose of, clean, and update data of different natures to compare suppliers’ performance,…
This content does not express the views or opinions of Spend Matters. Over 50% of organizations have automated their procurement processes, with around 35% using AI in procurement — an impressive increase from 29% in 2020. This evolution enables procurement teams to make superior decisions, initiate more events and cover broader ground without additional resources.
The terminal, which has been closed since January 2023, will significantly expand handling capacity at the growing port.
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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.
Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – July 12th, 2024 appeared first on Art of Procurement.
This Spend Matters Vendor Analysis provides an overview of Luminance and its solution for contract lifecycle management (CLM). Luminance offers legal-grade AI for the full spectrum of document review, from generation and review to post-execution analysis. The Luminance AI enhances and expedites the entire contract lifecycle process, including drafting, negotiating and understanding key features of executed contracts, all while maintaining compliance.
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
Organizations are struggling to secure the labor, knowledge workers and leaders they need to thrive — and logistics and supply chain-focused businesses have been hit particularly hard.
Over 50% of organizations have automated their procurement processes, with around 35% using AI in procurement — an impressive increase from 29% in 2020. This evolution enables procurement teams to make superior decisions, initiate more events, and cover broader ground without additional resources.
Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters Insider content. Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.
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.
Have you ever thought about why certain companies always find the finest products at excellent… The post 8 Ways Sourcing Agents Save You Time and Money first appeared on Procurement Blog | Procurement & Supply Chain News.
One of the AI industry’s top experts and most vocal supporters had a few things to say on LinkedIn about yesterday’s post. The following exchange not only uncovers issues that need to be discussed openly, but it also makes for pretty good reading. Paul Baier Executive Fellow @HBS and CEO of GAI Insights | We help innovative AI leaders and vendors drive value with GenAI Jon W.
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.
As e-commerce giants Temu and Shein continue to gain traction in the U.S., Amazon is firing back with a low-priced store mirroring the model of their Chinese competitors.
Recently, I published below Decision-Centric S&OP infographic in collaboration with Marcia Williams. We had a lot of positive responses. A focus on decision making is not new. In the end, S&OP was created as an executive decision making forum. But I think we certainly can get more value out of understanding and framing our decisions better, orchestrating the decision making process, minimising bias, capturing decisions & learning from them.
Simon Frost • 1st Procurement Expert: Supply Security | Advanced Cost Modelling | Sustainable Sourcing | Category Management | Training & Coaching | Global Adventures Yesterday, I co-hosted a webinar with Expana on Cost Modelling. The webinar went extremely well: 240 attendees! + great feedback – But a concerning insight surfaced… We ran several poll questions, the first being: “The cost model training that my business offers is…” And the answers were: 5/5 – excellent = 1% 4/5 – above
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 173 Savings Start at Home with Omid Ghamami By Kelly Barner | July 10, 2024 When procurement needs to deliver savings, the reflexive response is usually to go to market, approaching suppliers for discounts or putting a contract out to bid. While this approach works, the results often pale in comparison to what procurement can deliver by having internal conversations about specifications, requirements, and projected demand.
What do you say about public sector procurement when you think no one else is around? I don’t know about you, but I am tired of slick multimedia productions with opening music, cool imagery, and crafted and filtered dialogue in which truthful insight is lost in a sea of neutrality and bland sales pitches that fail to stimulate dissenting, thought-provoking dialogue.
The Gemini Cooperation was set to go into effect on July 15, but the agency determined the agreement lacks details on its potential competitive impacts.
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
Shein plans to sell supply chain technology to companies around the world, raising fears that sensitive logistics and customer information could be seized by the Chinese government.
HICX has released its 2024 Voice of the Supplier Survey , building upon its 2021 predecessor, which revealed significant challenges faced by suppliers in working with some of the world’s largest businesses. Seeking to understand the current landscape, HICX conducted a new study to gauge the state of supplier experience today. Read also: Squeezing Suppliers Must Not Replace Shrinkflation The survey included responses from 1,000 suppliers serving large multinationals, typically with revenues excee
Ask a simple question – what is clean data? Some of the answers: “That’s a hard question to answer.” “It means you can have 100% trust in its accuracy.” “Speaking with procurement teams from all industries and sizes, we know that data quality is still a real challenge–they’re struggling with disparate systems, manual data entry processes, and they aren’t able to deliver all of the value to the organization that they would hope to.
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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