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Food and beverage producers have undergone sweeping changes over the past several decades. Technology innovations have been massive, changing how food is grown, processed, and purchased. There have also been widespread and dramatic changes in how companies work with suppliers, causing supplier relationship management to take a front seat. With globalization, raw materials may come from across the globe.
Author: Hubert Verweij , Head of Procurement Transformation, Capgemini Invent Sweden and Finland. Previously published on Capgemini’s website. Nowadays, Procurement practitioners primarily talk about emerging topics like the reduction of scope 3 emissions, supplier-enabled innovation and supply risk management. These discussions are fed by researchers and thought leaders who emphasize the changing role of Procurement to unlock value potential, mitigate risks and reduce total lifecycle cos
8 No-Brainer Reasons to Join a Group Purchasing Organization. By Hugo Britt | December 6, 2022. In business, a “no-brainer” is a decision that is so easy or obvious that it requires very little debate. Procurement no-brainers include low-risk, high-return activities like centralizing data , paying suppliers on time, and optimizing processes. 8 Reasons to join a group purchasing organization.
Apple consider transfer of iPhone production to India or Vietnam after protests in China Apple are reportedly considering moving the means of production of the iPhone amid the workers’ continued…
“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.
For the latest in Procurement Heads ‘ CPO Spotlight series, he spoke with James Dobbin about how he got into procurement, some of the trends he’s seeing in the financial and procurement space and whether the pandemic has pushed us closer to a cashless society. Could you tell us a little about Paysafe and what it is that you do. Paysafe is a leader in the payment sector and has been for the last 20 years.
After years of firefighting, CPOs are leading their teams into an era of data-driven resilience – enabling their teams to deliver new sources of value. Dive deeper to discover the future of the function.
Breaking bad news is never fun and no one likes rejection. However, for procurement professionals, it’s part of the job. Indeed, for most RFPs and contracts, there can only be one winner. But, how do you tell a vendor they were not selected? In business, using an RFP or proposal rejection letter the best [.]. The post How to write a proposal rejection letter to a vendor appeared first on RFP360.
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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.
Breaking bad news is never fun and no one likes rejection. However, for procurement professionals, it’s part of the job. Indeed, for most RFPs and contracts, there can only be one winner. But, how do you tell a vendor they were not selected? In business, using an RFP or proposal rejection letter the best [.]. The post How to write a proposal rejection letter to a vendor appeared first on RFP360.
33 Procurement Interview Questions in 2022. Download Whitepaper →. . Or receive our famous weekly newsletter. Manufacturing Sourcing Company in India — The Ultimate Guide of 2023. India’s manufacturing industry is gaining popularity in the world and is set to grow much bigger in the future. However, why do companies source in India? In this article, we will talk about what a manufacturing sourcing company is.
Danish biotechnology company Novozymes is a leader in the research, development and production of industrial enzymes, microorganisms and biopharmaceutical ingredients. With operations all over the world, and sourcing offices in Denmark, North America and China, its supply chain is exposed to a huge scope of complex challenges, across categories of spend including agriculture, chemicals, and enzymes, among others.
The authors claim China's systematic repression of the Uyghurs and opaque supply chains has allowed the automotive industry to become reliant on abusive suppliers.
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
33 Procurement Interview Questions in 2022. Download Whitepaper →. . Or receive our famous weekly newsletter. Financial Supply Chain — The Ultimate Guide of 2023. The financial supply chain is new to many procurement professionals, especially those who have just started their journey in the procurement and supply chain industry. . For this article, we will tackle what a financial supply chain is.
Swiss biopharmaceutical company Ferring is a leader in reproductive and maternal health, with manufacturing facilities in Europe, the Americas, China and India. Here, CPO Eric Espinasse describes some of the strategies he has employed to manage the market volatility, from building up inventory to advanced segmentation and closer supplier relationships.
The transportation and logistics industry faces new challenges and an uncertain economy in the coming year. Following are six trends we can expect to see in 2023. .
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.
Redwood City, CA, December 7, 2022. Ivalua, a global leader in spend management , today announced that bol.com, the largest online retailer in the Netherlands and Belgium, has selected Ivalua’s solution to digitalize its indirect Source-to-Contract (S2C) processes. The project has been delivered in partnership with Accenture. Headquartered in Utrecht, bol.com is one of the most successful retail platforms for third-party suppliers in Europe with 13 million customers in the Netherlands and Belgiu
33 Procurement Interview Questions in 2022. Download Whitepaper →. . Or receive our famous weekly newsletter. Spend Management — The Ultimate Guide of 2023. Spend management is an important process to reduce losses and mistakes. However, how do you manage your spending? In this article, we will discuss what spend management is. We will tell you the challenges and benefits of spending management.
Privately held Italian food company Barilla, which started life almost 150 years ago in the northern Italian city of Parma, is today the world’s leading pasta maker – having almost 25% of the Italian market and producing the beloved food staple in 160 different shapes and sizes. Along with several leading pasta brands, it produces a wide range of breads and other cereal-based products, via production plants throughout Europe, as well as North and South America.
Without the right cybersecurity practices, freight factoring companies could introduce security vulnerabilities for freight brokers, shippers and carriers. .
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.
Ben Stickland spoke with Dan Churton, Commercial & Transformation Director at Orbit to hear more about the organisation’s heritage, culture and the important role the Head of Procurement that Procurement Heads is recruiting will play in enabling Orbit to achieve its strategic goals. . Orbit Group is a group of housing associations providing affordable housing to around 40,000 households in England, mainly in the Midlands, East Anglia and the southeast, operating out of 7 offices with t
Today’s small-vehicle expedited shipping offers shippers faster delivery and increased agility, which can be a competitive advantage in today’s challenging marketplace. .
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.
Categories: Analysis , CSR , Procurement Strategy & Planning , Sustainability , Technology Tags: PRO For most procurement organizations, carbon management — and greenhouse gases (GHG) more broadly — is a hot topic (no pun intended). There are multiple challenges to tackle, many of which apply to other ESG areas. Even though carbon management is one of the more advanced ESG categories, many organizations lack a structured framework, a methodology and a standard framework.
Even though heat waves and natural disasters have been bringing the global supply chain to a grinding halt asynchronously over the years, it doesn’t have to continue this way.
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
Categories: Procurement Strategy & Planning , Risk Performance and Compliance , Services and Indirect Spend Tags: EU , Webinar On December 14, Spend Matters and KPMG are excited to be hosting a webinar to discuss how procurement organizations can find opportunities to drive sustainable value for the business in a period when money, talent and time are in short supply – a hugely topical and relevant discussion we believe in this time of austerity and looming global recession.
Exciting new B2B companies are being established across the U.S. and Canada every day, and every month, hundreds of them are joining Thomasnet.com ®. We're highlighting ten of the most notable and innovative companies below to bring some of the unique services and products they provide to the forefront. 1. Commercial Vehicle Group. Located in New Albany, OH, Commercial Vehicle Group primarily manufactures components for electric vehicles, warehouse automation, and seating systems.
Nearshoring ensures faster speed to market and quicker transit from manufacturers to customers; suppliers and retailers also enjoy the ease of operating in a more convenient time zone.
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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