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Artificial intelligence, machine learning, big data, blockchain – the list of emerging digital technologies is long. There is much discussion on their application and use and they are omnipresent in today´s society. Furthermore, they also have large impacts on companies and especially their supply chains. Companies realize that they do not only need to look.
Nestle SA, Pepsico Inc. and 25 other companies are backing a project that calculates a product’s environmental impact from farm to store and then grades it with a color-coded label. It’s the first time a partnership this big is working to find a one-size-fits-all way to assess the supply chain.
The biotechnology industry comprises hundreds of companies that fuse biology and technology to develop drugs and medications that treat various ailments. Today’s biotech industry consists of companies that develop medical devices and diagnostics, biomaterials, biofuels, pollution control, and similar materials. According to research by the National Centre of Biotechnology Information, there’s a growing risk of […].
“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.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 8 Ways to Use Technology in Your Small Business! Company vehicles article and permission to publish here provided by Carol Trehearn. A company car can speak volumes about an organization and who they are as a brand, yet unfortunately, small businesses cannot always stretch their budget far enough to accommodate their employees’ transportation needs.
Jordan Strauss, managing director in the Forensic Investigations & Intelligence Practice of Kroll, LLC, details the major risks of corruption existing in supply chains today, and offers tips on addressing them.
The retail industry has undergone tremendous change over the last decade. Large brick-and-mortar stores no longer hold the key to sales. Rather, online retailers such as Amazon are taking up a big chunk of business. According to Statista, the value of e-commerce in the US currently stands at $433 billion. It’s expected to grow by […]. The post Rethinking Procurement in Retail appeared first on ProcurePort Blog.
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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.
The retail industry has undergone tremendous change over the last decade. Large brick-and-mortar stores no longer hold the key to sales. Rather, online retailers such as Amazon are taking up a big chunk of business. According to Statista, the value of e-commerce in the US currently stands at $433 billion. It’s expected to grow by […]. The post Rethinking Procurement in Retail appeared first on ProcurePort Blog.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Is Just In Time Past Its Time? The natural, and synthetic, rubber Supply Chain is another casualty of the Coronavirus pandemic. Our recent purchase of a new vehicle made us aware not only of the computer chip shortages impacting the new automobile sales market, but also the rubber market shortages threatening similar disruptions.
Can e-Procurement be a potential solution for decreasing procurement spending in educational institutions? The United States government spends at least 2.6% of GDP on educational institution expenditures. This is much higher than the average rate (1.4%) of OECD countries. It’s not just the government that’s looking to cut costs but even the schools themselves.
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. What is Supplier Relationship Management (SRM)? Reliable supplier article and permission to publish here provided by Carol Trehearn. Your business is only as exceptional as the goods or services it offers, and to get exceptional products, the right supplier is a must. Whether you’re starting a new line of products from scratch or looking to revamp your shelves, here are five qualities of a reliable supplier to prioritize.
A supply chain consulting arm is essential to modern-day commercial real estate brokerage firms, says Joe Dunlap, managing director of the supply chain advisory of CBRE.
Gorillas use of Solvoyo's platform simplifies and even automates many of the planning and execution steps required to successfully meet customer demand. The post RGD Unicorn – Digital Transformation of Supply Chain Planning appeared first on Solvoyo.
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.
Enabling instant leverage across numerous categories and the ability to capture more savings, faster. Redwood City, CA – October 2021 – Ivalua , a global leader in Cloud Spend Management solutions today announced an alliance with OMNIA Partners, a leading group purchasing organization to bring more purchasing power to customers of Ivalua, by enabling access to pre-negotiated contracts directly through Ivalua’s platform to achieve greater and faster savings on indirect and direct categories.
On November 2nd – 3rd, SupplyShift held its third annual Summit, joining business leaders from across the world to share their knowledge, lessons learned, and best practices on tackling today’s biggest supply chain sustainability issues. We were honored to host such an incredible roster of speakers for two insightful days of discussion and collaboration.
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.
Public procurement should be about value, not just savings What matters most when we elect a public servant - a healthy society, clean and secure environment, quality education - or the savings they deliver? Arguably, we expect the state officials to manage public spending wisely and obtain the highest value to society for the allocated budget. Essential macroeconomic functions of government As suggested in this document , there are three primary macroeconomic functions of government: allocation
Global supply chains were clearly in trouble before COVID-19 arrived on the scene, but when it did, the weakness of our time-honored strategies for procurement, production and delivery became shockingly evident.
On November 2nd – 3rd, SupplyShift held its third annual Summit, joining business leaders from across the world to share their knowledge, lessons learned, and best practices on tackling today’s biggest supply chain sustainability issues. We were honored to host such an incredible roster of speakers for two insightful days of discussion and collaboration. .
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.
Build category management coaching capability and unlock your team’s full potential. Businesses are under pressure like never before. Limited supply, rising prices and staff shortages. If ever there was a time for leadership teams to pull together, it is undoubtedly now. Those that can collectively identify and tackle issues head-on, drawing and building upon the skills and knowledge of their people, are the ones most likely to thrive.
Fallout from the global supply chain crisis that’s clogging U.S. ports is pushing warehouses to capacity, and forcing logistics managers to scramble for space.
In the wake of the COVID-19 pandemic and mass shortages of basic goods like toilet paper, the world is realizing the pivotal role that procurement plays in the everyday running of businesses and global commerce. Without successful procurement processes, there would not be on-demand access to the goods and services we have come to rely on at both a commercial and consumer level.
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
The Rapid Grocery Delivery (RGD) startup achieved End-to-end integrated dark store replenishment and purchase order planning using Solvoyo's platform. The post RGD Startup – E2E Supply Chain Planning appeared first on Solvoyo.
While a global supply chain crisis is crimping sales for companies from Apple Inc. to Caterpillar Inc., transportation firms are riding an unprecedented profit boom.
CFO, Chief Financial officer is one role which we assume that we understand completely. Let me help you unravel a few of its branches to attain the importance of this role. CFOs are playing a major role in a company as they are entitled to manage the entire financial data as well as the operational strategies. The role has its limitations and liberty in each company as it often depends on the structure, size, and processes of the organization.
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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