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The role of chief technology officer has evolved significantly over the years, as businesses have come to rely more heavily on technological innovation for their very survival.
It’s amazing how revitalising a few days in the company of a group of procurement leaders can be. Guaranteed to recharge the inspiration batteries, face-to-face time with members is what’s best about being in this role. And being in Singapore for the Asia Pacific Procurement Congress last week left me in no doubt that the region continues to be a powerhouse of energy, innovation, creativity and growth.
As part of our theme this quarter on Procurement’s role and value in supply chain risk management, we are speaking with practitioners in the field to understand their perceptions of risk — clearly different industries perceive types of risk in different ways. We want to know what are their main concerns, how they intend to address them and how much they rely on tech to help.
“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.
EDITOR’S NOTE: Today’s post is inspired by the following LinkedIn post by Marijn Overvest. Once you understand ChatGPT in procurement, even your coffee orders get a cost-benefit analysis. Once you know how to use it, there is no way you’ll ever work without it. Hope you liked this post! Repost to share with your network. My name is Marijn Overvest , I’m the founder of Procurement Tactics – we train procurement teams with online courses.
We live in an era of Remote work. However, I rarely find remote procurement teams. Is there a real reason for it? The post Remote work in Procurement first appeared on ABC of Procurement.
In today’s fast-paced business environment, maintaining a healthy cash flow is crucial for success. Delayed payments can hinder growth, strain relationships with suppliers, and create unnecessary stress. Let’s explore five strategies to accelerate your payment collection process by 20%-80% 1 and improve your financial health. 1. Implement Accounts Receivable (AR) Automation One of the most impactful ways to speed up payments is with an AR automation platform.
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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.
In today’s fast-paced business environment, maintaining a healthy cash flow is crucial for success. Delayed payments can hinder growth, strain relationships with suppliers, and create unnecessary stress. Let’s explore five strategies to accelerate your payment collection process by 20%-80% 1 and improve your financial health. 1. Implement Accounts Receivable (AR) Automation One of the most impactful ways to speed up payments is with an AR automation platform.
As part of our Q4 research into supplier risk, third-party and supply-chain risk management (TPRM/SCRM) and the solutions that support it, we have not only conducted analyst- and market-led research in the shape of analyses, advisory, definitions and webinars, but taken the pulse of the practitioners who use that technology and who deal with risk on a daily basis (for example here and here ).
Resources / Blog / Navigating Procurement Disruptions: A Candid Discussion with Dr. Rutkoski Navigating Procurement Disruptions: A Candid Discussion with Dr. Rutkoski It’s no secret that we’re in the midst of a supply chain crisis. The Baltimore bridge collapse , geopolitical instability , and even recent IT outages have impacted a whole range of industries, from airlines to banking to logistics.
Black Friday and Cyber Monday (BFCM) are the ultimate tentpole events for ecommerce sellers, but success doesn’t come without preparation. During a recent webinar, industry experts Richie (Levanta), Ali (Trellis), and Samantha (Finale Inventory) joined forces to share actionable insights on how sellers can thrive this holiday season. Whether optimizing pricing, managing inventory , or strategizing your marketing campaigns, the key takeaway was clear: agility, planning, and data are your best fri
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
This Spend Matters Vendor Analysis gives an overview of smartKYC, a risk (supplier due diligence) solution built to ensure that organizations stay on top of reputational and compliance risks. With the increasing number of regulations in recent years that require companies to perform due diligence in their supply chains, e.g., the German Supply Chain Act, California Supply Chain Act, and EU’s Corporate Sustainability Due Diligence Directive (CS3D), companies are faced with multiple challeng
Imagine it’s Thanksgiving night. The turkey is roasted to perfection, the mashed potatoes are steaming on the table, and the sweet potatoes are ready to serve.
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.
In July of 2024, the USDA suspended production at a Boar’s Head meat processing plant in Jarratt, Virginia and the. The post Liverwurst, Listeria, and Liability: Food Safety at Boar’s Head appeared first on Art of Procurement.
Over the last few years, the contract management (or contract lifecycle management) solution space has seen some exciting new innovations, after lagging behind other areas in the supply management space… The post Evolution Continues in Contract Management appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.
An increasing number of major companies are shifting manufacturing back to the U.S. and nearby Mexico in response to a volatile global supply chain landscape.
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.
Subject: James Carithers, Chief Operating Officer, Peak Utility Services Group ProcureTech Provider: AdaptOne Summary: ProcureTech solution development and implementation are not complicated, but they do require leadership, the right values, synergies between practitioners and providers, and knowledge of the differences between a buy, build, and customize strategy.
In this episode of The Procurement Software Podcast, host James welcomes Praveen Kalamegham, CTO of Workrise, to discuss the importance of industry-specific solutions in procurement technology, particularly in the oil and gas sector. The conversation dives into how tailored tools can better meet the unique needs of different industries and enhance procurement processes.
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.
Choosing the best source for procurement and supply chain information and practical guidance depends on your organization’s needs, the type of advice you seek, and the stage of your procurement transformation. Each of the mentioned sources—McKinsey, Jason Busch, Jon Hansen, Kelly Barner, and Gartner—offers unique strengths and perspectives: 1.
The world of procurement is evolving rapidly, and 2025 is set to bring significant shifts.… The post The Procurement Professional in 2025: Emerging Trends to Watch first appeared on Procurement Blog | Procurement & Supply Chain News.
As companies face growing pressure from governments, stakeholders and consumers, ESG reporting and compliance are at the forefront of corporate responsibility.
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
As we near the end of 2024, virtually all industry players are publishing their procurement predictions for their respective 2025 reports. Because there are so many reports – think granuals of sand on a beach, as part of my assessment process I asked ChatGPT to provide its take on the five organizations below. Based on the ChatGPT assessment I would ask you the following three questions: Which perspective on AI and digital transformation in procurement in 2025 is the most insightful and us
The purchasing profession is undergoing a transformative phase, with new trends emerging to redefine strategies… The post 2025 Trends Shaping the Future for Purchasing Professionals first appeared on Procurement Blog | Procurement & Supply Chain News.
The average Thanksgiving turkey passes through three separate facilities and rides on four different trucks on its typical 760-mile journey from the farm to the supermarket.
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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