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Managing spend has never been easy. In the days of paper-based procurement, tracking and evaluating spend was a labor-intensive process. Despite the antiquated ways of the past, Digitalist Magazine reports procurement executives are overly hesitant when it comes to embracing new technologies such as spend management software. Though more than half of global Chief Procurement […].
If you operate in the supply chain or the planning world, it is hard to not come across terminology like supply chain planning 4.0, ‘light touch’ planning or ‘lights out’ planning. They all rate high in the hype cycle and for good reasons. A lot of technology progress has been made in recent years, and progress continuous at near exponential speed. Autonomous vehicles are driving around everywhere, so why should we not have the ambition to achieve autonomous supply chain planning?
“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.
Getting accurate procurement bids is difficult. When it comes to business transactions, it’s normal for an organization to get tunnel vision. People are so familiar with their jobs that they have a hard time explaining to outsiders what they need. This can lead to flaws in the procurement process from the outset. How does RFx […]. The post RFx: How to Best Communicate Your Needs 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.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supplier Relationships – Don’t go over to the Dark Side! Shortly after I joined the Commodity/Category Management Procurement organization I was invited to attend the annual Strategic Supplier Awards event. There were Executives from dozens of Suppliers in attendance.
Every organization needs to buy supplies and equipment on a regular basis. Whether office supplies or storage containers for the warehouse, we need to give employees what they need to keep business moving. The tedious part of acquiring these incidental supplies is keeping a record of how, why, from where, and who wanted the item […]. The post Fast and Easy Approvals with Purchase Requisition Software appeared first on ProcurePort Blog.
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’s the Difference Between a Freight Forwarder and a Customs Broker? Article and infographic originally published by, and permission to publish here provided by, Victor at [link]. As most transportation of cargo and goods, whether in international waters or air space, involves multiple transit destinations and ports, logistics can be a complicated industry.
The old-fashioned ways of handling procurement pricing negotiations are over. Person-to-person communication in a globalized world is complicated. Is 15:30 my time good for you? Skype? Zoom? WeChat? From time zones to media channels, it’s hard to get pricing out of the way and move on with contracts and business. Nowadays a standard e-Procurement platform […].
Last week JAGGAER hosted a webinar reviewing the findings of our recently released 2019 Digital Procurement Survey Report. We reviewed the key takeaways and provided recommendations for how procurement professionals can begin to take advantage of next-generation technologies. Our engaged audience left us with more questions than we could get to in our allotted time, so in the spirit of continued learning we’ve answered some of the biggest concerns below.
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.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. E-Commerce/Last Mile Delivery: Stop Shipping Air and Empty Boxes! Article originally published by, and permission to publish here provided by, Jake Rheude at [link]. The 2014 holiday season marked the last Q4 end-of-year sales period where packages shipped based on actual weight.
Claritum Article - Procurement Blog. Contents. 1. Introduction. 2. The unusual nature of Indirect Spend. 3. Indirect Spend automation is different. 4. Establishing Indirect Spend automation. 5.Can automation cover all Indirect Spend - 100%? 6. Related articles. 1 Introduction. The purchase of goods and services can be split into two primary procurement domains: The Strategic Core purchases that enable an organisation to produce their product or service (called Strategic Spend by many organisatio
The post The Path to Greatness: Driving a Successful Transformation Across Global Procurement and Supply Chain with Chassis Brakes International appeared first on Ivalua.
What is inventory optimization? You’ve heard of inventory management, and you probably already have some inventory management practices implemented in your supply chain. So what is inventory optimization? According to Wikipedia, inventory optimization is: “a method of balancing capital investment constraints or objectives and service-level goals over a large assortment of stock-keeping units (SKUs) while taking demand and supply volatility into account.”.
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.
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