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In the modern business ecosystem, digital transformation is not just an option but a requirement. The need for streamlined operations and enhanced efficiency has made procurement software a valuable asset for organizations of all sizes. However, the journey towards successful implementation is fraught with challenges. This blog will provide a deep dive into these challenges […] The post Overcoming the Challenges of Implementing Procurement Software appeared first on ProcurePort Blog.
Work orders are the driving force behind any organization’s asset management apparatus. Whenever a person or entity submits a service request, the maintenance team that receives it must create a formal paper and/or digital document that includes all the details of maintenance tasks and outlines a process for completing the tasks. That document is called a work order.
Recently, companies have invested more money and resources into Procurement Performance Managers to ensure procurement performance is monitored, optimized and impactful.
The global logistics automation market has been growing at a Compound Annual Growth Rate (CAGR) of 12.4% since 2020, the highest growth rate of any supply chain market.
“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.
At its core, the word “sustainability” is defined simply as the ability to continue at a certain level—no explicit consideration for whether something is “green,” renewable, or recyclable, and no defined parameters around carbon footprint. Simply: “able to continue.
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter Supply Chain Network Design — Everything About Supply Chain Supply chain network design helps businesses to mitigate disruptions by configuring the supply chain. However, what is it? In this article, we will define what supply chain network design is.
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GM to invests over $1B in EV battery production General Motors (GM) and POSCO are expanding the production of cathode active materials at their joint venture facility in Quebec to…
Could you tell us a bit about yourselves? Darron: I am Director of Orbis Procurement, which is a partnership of three local authorities, and as such am Director of Procurement for Surrey County Council, East Sussex County Council and Brighton and Hove City Council. Orbis Procurement provides procurement services to the three Councils as well as a range of district and borough councils that gain significant benefits from working in partnership with us.
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter Suez Canal — Everything About Supply Chain Suez Canal is an artificial waterway located in Egypt that connects the Mediterranean Sea to the Red Sea. However, how important is it in the supply chain? In this article, we will discuss what the Suez Canal 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
Eight supply chains – food, construction, fashion, fast-moving consumer goods, electronics, automotive, professional services and freight – account for more than 50% of global emissions.
In today’s fast-paced business world, optimizing your supply chain is essential for staying competitive and efficient. With the right supply chain tools at your disposal, you can streamline operations, boost productivity, and save valuable time. Many professionals rely on MS Excel as the go-to software for supply chain and procurement tasks but creating detailed dashboards can be time-consuming and exhausting.
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter Periodic Inventory System — Everything You Should Know Periodic inventory system is a method in accounting that is usually easier and more cost-effective. However, what is it? This article will discuss what periodic inventory is and when you should use it.
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.
The backlog of anchored vessels has decreased from 155 to roughly a dozen while 92% of goods in grocery and drug stores are in stock, exceeding pre-pandemic levels.
EPISODE 118 Scaling Supply Chains for Profitable Growth with Marcia Williams By Kelly Barner | June 7, 2023 Growth – especially fast growth – is such an exciting time for a company. Unfortunately, all of the good opportunities growth presents have a way of leaving a mess in their wake. It often falls to procurement and supply chain professionals to clean up the mess, using metrics and frameworks to establish order so that operational scale and profitability can follow.
51 ChatGPT Prompts to 10X Your Productivity in Procurement Success! First Name Email Download 51 Prompts → Or receive our famous weekly newsletter Global Supply Chain — Everything About Supply Chain Global supply chain has become a popular way for businesses to source unique materials and products from other countries as they are unavailable domestically.
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.
About 88% of U.S.-based small and medium-sized businesses (SMBs) will reorganize their supply chains to leverage suppliers in the U.S. or Mexico in 2023.
Categories: Procurement Systems & Architecture , Source to Pay Tags: PRO Part 2 of Spend Matters PRO Vendor Analysis of ebidtopay focuses on the strengths and weaknesses of its source-to-pay (S2P) solutions. It details the elements to consider when looking at ebidtopay as a potential solution provider. Part 1 of the series provides a history and overview of ebidtopay’s S2P solutions, a company-level SWOT analysis and a list of its competitors.
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter Sustainability Ratings — Embracing Sustainability Sustainability ratings allow businesses to know how well they are performing in terms of environmental and social responsibility. However, what is it? In this article, we will define what sustainability ratings are.
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.
The impact of ambient IoT is expected to be “quite profound,” enabling greater sustainability, traceability and food safety, while reducing shrink and theft.
Categories: Procurement Systems & Architecture , Source to Pay Tags: PRO In this Spend Matters Vendor Analysis, we provide an overview of ebidtopay and its source-to-pay solution. The S2P process is complex and hard to track due to the number of systems, steps and departments involved. Additionally, due to the lack of data standardization and the ever-growing volume of transactions, it is impossible to keep track of without technology solutions.
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter Inventory Management — Everything You Should Know Inventory management enables companies to ensure that they always have enough stock to fulfill customer orders. However, what is it? In this article, we will tell you what inventory management is.
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 Systems & Architecture , Source to Pay Tags: PRO Part 3 of this Spend Matters PRO Vendor Analysis focuses on a deeper overview of each part of ebidtopay’s offering for source-to-pay (S2P) and gives a detailed look at each of its modules. Part 1 focuses on company background, general capabilities, SWOT analysis and competitors.
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter Warehouse Automation — Transforming Warehousing Warehouse automation helps businesses to increase productivity and accuracy in their warehouses. However, what is it? In this article, we will discuss what warehouse automation means.
The tech company met a goal on spending with diverse vendors eight years ahead of schedule. “We have a playbook,” says its VP of global supply chain operations.
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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