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ProcurePort invited Procurement Insights industry thought-leader Jon Hansen to share his thoughts on automating procurement. Here is what he had to say: There remains a significant gap between the Haves and Have nots in the procurement space. Fortune 2000 companies have moved towards total digitization of all procurement processes (including experimentation with AI and Blockchain). […].
Everyone is talking about creating digital and smart supply chains, but few people actually have the knowledge or experience to be “the digital game changer” in their companies.
North Carolina State Poole College of Management recently produced this 28 page report entitled “ 2019 Supply Chain Data Quality and Governance Study ”. The report contains some great illustrations of the current state of Data governance across the organizations that were surveyed, with a specific focus on the supply chain. In this blog, I have attempted to extrapolate some of the main points shared by those who are winning, or at least, not losing the war on bad data.
The key to fighting the coronavirus outbreak lies in the application of supply-chain management principles, and the creation of a global, end-to-end network for partner collaboration in the healthcare industry.
“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. Quantum Leap to the Top 10 Supply Chain Skills of the Future! The phrase “Supply Chain Management” was originally coined by Keith Oliver in 1982 and subsequently gained increasing popularity as its usage was proliferated in books and language. That was the start of Supply Chain education.
With 2020 well and truly begun, the timely question of whether you’ve had you had your annual supplier meetings yet, or not, springs to mind. If you haven’t, do your suppliers know what you expect from them? And if your answer is ,”Definitely! All done. We’ve updated prices so everything is now sorted”, ask yourself if that really is everything?
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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.
With 2020 well and truly begun, the timely question of whether you’ve had you had your annual supplier meetings yet, or not, springs to mind. If you haven’t, do your suppliers know what you expect from them? And if your answer is ,”Definitely! All done. We’ve updated prices so everything is now sorted”, ask yourself if that really is everything?
Healthcare supply chains tend to be high-margin, regulated businesses with strict quality requirements, such as the need for cold-chain storage and transportation. Yet they’re often ripe for improvements across the board.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Article, and permission to publish here, provided by Francis Dimaano at practiceaptitudetests.com. Verbal reasoning tests evaluate your capacity to extract key pieces of information from dense pieces of text. In doing so, your comprehension and general capability is tested and potential employers can form a clearer picture of how you think and act under pressure.
Coronavirus impacts Shipping Industry The impact of the coronavirus outbreak is being felt by the shipping industry with ships calling at or through major Chinese ports falling 20% since January…
Inventory Management, Business Growth & Expanding Product Portfolios. At EazyStock we talk to a lot of small- and mid-sized businesses (SMBs) who are struggling to effectively manage their inventory. Three common causes for this are: Complex supply chains as businesses rely on a vast network of manufacturers, distributors and retailers. Expanding product portfolios due to business growth and as customers demand more choice.
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. Scott Cleaver, COO at ecobee. At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “ Seasoned Leadership in Action ™” Interview series at Supply Chain Game Changer.
Imagine requesting a Q1 financial report from a vendor and receiving data for September through November. “What?” the vendor asks incredulously…“That’s our Q1.” Having a common framework and understanding of terms, requirements, and measurements for evaluation—or standardization—is critical to well-functioning business processes. This is especially true in the case of supply chain sustainability.
Claritum Article - Procurement Blog. Contents. 1. Introduction. 2. Bespoke requirements - key sourcing issues. 3. Sourcing Bespoke requirements the right way. 4. Claritum’s solution for bespoke procurement. 1 Introduction. Sourcing of bespoke requirements needs to be managed effectively within an Organisation. Problems can arise when bespoke requirements are purchased directly by employees throughout the organisation or just “passed through” by overworked buyers who have no time to deal with the
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.
It’s been 20 years since passage of the Victims of Trafficking and Violence Protection Act of 2000. Yet public awareness of human trafficking in global supply chains remains shockingly deficient.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Network Optimization – What are your Success Criteria? . The fast growing E-Commerce channel makes it an attractive avenue for most companies to participate in. The tremendous amount of investment required to participate in online product sales requires explicit decision making as to how a company is going to fulfill those orders.
Imagine requesting a Q1 financial report from a vendor and receiving data for September through November. “What?” the vendor asks incredulously…“That’s our Q1.” Having a common framework and understanding of terms, requirements, and measurements for evaluation—or standardization—is critical to well-functioning business processes. This is especially true in the case of supply chain sustainability.
How can you achieve procurement best practice in your organization? In this article we look at what we think are the 5 most important steps towards effective eProcurement. Image of the 5 Steps to best practice Visibility, Control, Efficiencies, Savings and Creating value. Read the article at claritum.com. Visibility. visibilityStep 1 is to get good spend visibility and understand what you are buying and how much you are spending across all your spend categories.
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.
The highly contagious coronavirus is the cause of new headlines every hour. In addition to the threatening increase in the number of infections and deaths, the economy is also affected.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What’s the Difference between Procurement and Purchasing? (Infographic). Why Procurement Transformation Fail article created by, and permission to publish here provided by, Jill Button at [link]. Over these past 28 years of my career in Procurement (yes I started when I was 12), I’ve had the privilege and pain of seeing, not just procurement, but many different types of Transformation initiatives succeed and, unfortuna
1: Introduction. Sourcing of bespoke requirements needs to be managed effectively within an Organisation. Problems can arise when bespoke requirements are purchased directly by employees throughout the organisation or just “passed through” by overworked buyers who have no time to deal with the suppliers. This can result in products and services being purchased across the organisation with no consistency of supply, sustainability or quality.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Do you have a Freight Management Strategy or are you Spinning your Wheels? Freight Management Hell article originally published by, and permission to publish here provided by, Adam Robinson at cerasis.com. The road to freight management Hell is laden with poor freight visibility and outdated systems.
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.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. I feel you. I was there. In the exact same position, you’re in now. A cynic. A skeptic. A person, utterly exhausted with seeing those two letters: AI. As we see from Deloitte’s CPO Survey in 2018, AI is only fully deployed in 2% of procurement organizations and is far from making any real impact at scale within the digi
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Agile Supply Chain! Why Agility is Trumping Lean! Lean management article originally published by Veridian at [link] Permission to publish here provided by Jason Rosing. What is Lean Inventory Management? What techniques are applied to make it successful? More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers.
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