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A new year offers an opportunity to reflect on the past, learn from it, and prepare for the future. Of course, old problems don’t suddenly disappear because one year ends and a new one begins. But hopefully, we can incorporate what we’ve learned into our day-to-day, creating a better—more resilient—path going forward. In 2022, procurement faced challenges on multiple fronts.
33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. Supplier Integration — The Ultimate Guide of 2023. Supplier integration enables a robust supply chain process. However, not many people know how to collaborate with their suppliers. . For this article, we will discuss what supplier integration is.
Whether it's your first RFP or your 101st, sometimes we end up staring blankly at our team, wondering if we've covered all our bases. Learn how to identify and manage sources of vendor risk throughout the RFP and contract review process. The post The best request for proposal (RFP) questions to ask vendors appeared first on RFP360.
Apple supplier Luxshare reportedly win contract to produce iPhones The share price of Luxshare Precision, a Chinese manufacturing company for Apple, has rose more than 3%, after reports of a…
“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.
Despite the external difficulties that swirl around his function, IBM CPO and chair of Procurement Leaders’ advisory board, Bob Murphy, remains calm and focused. This is something he, in part, ascribes to his exercise regimen. “I’m an avid golfer… but one of the things I do regularly, and it really helps me – especially in these times of turbulent change – is I practise yoga.
33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. Mediation vs Negotiation — 5 Key Differences. Mediation and negotiation are both used as alternative dispute resolution techniques based on give and take to resolve disputes. However, how would you know if you are using negotiation or mediation?
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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.
Categories: Best Practice , Commentary , Procurement Strategy & Planning Tags: EU , Insights Series For several years now, Spend Matters has been collecting and publishing a series of articles about predictions and insights on procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year is no different and we’ve framed the subject around “insights,” highlighting providers' observations from the year they’ve left behind and how th
33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. Best Legal Procurement Practices for Successful Workflow. Starting work with a new vendor or renewing a contract with an existing one requires a lot of work for your firm’s legal department. You need to draft the contract, negotiate the terms and conditions, ensure you and the vendor have done your due diligence, and much more. .
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
Chief procurement officers have allocated time, resources and money to supplier diversity initiatives but they’re still insipid. Here’s a better way to grow your diverse supplier pool — and your ROI. .
Categories: Best Practice , Commentary , Procurement Strategy & Planning Tags: EU , Insights Series For several years now, Spend Matters has been collecting and publishing a series of articles about predictions and insights on procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year is no different and we’ve framed the subject around “insights,” highlighting providers' observations from the year they’ve left behind and how th
33 Procurement Interview Questions in 2023. Download Whitepaper →. . Or receive our famous weekly newsletter. PunchOut Catalog — The Ultimate Guide of 2023. A PunchOut catalog is a dream come true for many procurement professionals that use an e-procurement system. . It allows them to have a purchasing experience that provides process improvement and better spend management for the entire organization without leaving their e-procurement system.
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.
Categories: Best Practice , Commentary , Procurement Strategy & Planning Tags: EU , Insights Series For several years now, Spend Matters has been collecting and publishing a series of articles about predictions and insights on procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year is no different and we’ve framed the subject around “insights,” highlighting providers' observations from the year they’ve left behind and how th
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.
EPISODE 96. The Importance of Standardizing Carbon Reporting with Saleh ElHattab. By Kelly Barner | January 4, 2023. Most corporate sustainability programs are rooted in passion and a desire to continue doing well while preserving and investing in the environment. That passion is important, but it needs to be supported by quantitative standards. Not only does this make progress possible, but it also holds everyone accountable for the commitments they have made.
Categories: Best Practice , Commentary , Procurement Strategy & Planning Tags: EU , Insights Series For several years now, Spend Matters has been collecting and publishing a series of articles about predictions and insights on procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year is no different and we’ve framed the subject around “insights,” highlighting providers' observations from the year they’ve left behind and how th
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.
A powerful stream of densely moist air flowing off the Pacific Ocean is forecast to bring 3 to 6 inches of rain to a wide area from Eureka to San Francisco January 4 into January 5.
Increasing Drug Manufacturing Operating Capacity. If there’s one thing we learned from 2022, over-reliance on overseas suppliers or having all your eggs in one basket exposed how vulnerable many supply chains were. One industry set up to ramp up local operating capacity is drug manufacturing. As many American drug manufacturing facilities are only operating at below 50% capacity, there’s still a lot to accommodate without having to invest in new and larger operations without over-rel
Categories: Procurement Systems & Architecture Tags: PRO In this Spend Matters PRO Vendor Analysis, we give an overview of Makersite, a Design-for-Supply (DFS) solution that enables customers to understand the underlying tradeoffs and options between cost, sustainability and risk linked to the design of their products. In a mini-series we published in December 2021 (part 1), we highlighted why design needs to take supply considerations into account, and how it can do so as early as possible.
Project44 data shows how challenging conditions on Dec. 23 and Dec. 24 soured what was overall a smooth peak season for last mile delivery performance.
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
Data storage managers should aim to extend the life of their data center hardware, move data to the cloud whenever possible, and delete data that is simply wasting space and money.
The Kraljic matrix is still an excellent procurement tool, yet somewhat simplistic. Its two dimensions suggest the flat Earth approach with insufficient room to cater to the complexities of modern category management and strategic sourcing situations. This article proposed an elegant scenario, which I applied to add at least three more dimensions to the Kraljic matrix.
Categories: Category Intelligence (Direct) , Category Intelligence (Indirect) , Market Intelligence , Procurement Strategy & Planning , Sponsored Article Tags: Sponsored Article A global recession is looming, according to most economists. What remains to be determined is its length, severity and impact on various sectors of the global economy. To combat the effects of high inflation and recession fears, chief procurement officers, category managers and sourcing professionals need to prepare
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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