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In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. Whether you’re an aspiring procurement enthusiast or a seasoned professional aiming to advance your career, investing in procurement training and procurement training courses can be a game-changer.
Introduction In the complex and fast-paced business world of today, Managed Procurement Services (MPS) have emerged as a key solution for enterprises seeking to streamline their operations, improve efficiencies, and achieve cost savings. MPS involve the outsourcing of procurement functions to a specialized third-party provider, offering a strategic approach to managing and optimizing organizational spend.
What procurement myths do we need to bust and stop following? Inspired by the following lovefood.com article, “The worst cooking advice in history,” I could not help but wonder if there is an article or book about the “worst procurement advice in history.” So, here goes, what do you think is the worst procurement advice you have either heard or received?
“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.
Menu Course Library 1. Negotiation Course Learn from industry experts who negotiated billion $ deals 2. Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. ChatGPT & AI Use ChatGPT to automate procurement processes Access To All Unlimited access to all courses & templates Platform For Teams Procurement Tactics For Teams Where procurement teams build better skills, fas
Martin Lee is Chief Procurement Officer at KPMG, and fellow member of the Sustainable Procurement Pledge. He caught up with James about his career and thoughts within the CPO role. You joined Ford Motor Company back in 1995, straight from A Levels, what made you choose a career in procurement, and could you tell us about your career journey so far? Back in 1995, I was just considering what I should do at university, with the thought of going to uni not really clear in my head.
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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.
Taiwan Exports at a 14 Year low as Demand Woes Taiwan’s exports experienced their sharpest decline since 2009 in June, signalling concerns about the global demand slump for electronics and…
Menu Course Library 1. Negotiation Course Learn from industry experts who negotiated billion $ deals 2. Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. ChatGPT & AI Use ChatGPT to automate procurement processes Access To All Unlimited access to all courses & templates Platform For Teams Procurement Tactics For Teams Where procurement teams build better skills, fas
Between January 2021 and December 2022, 102 allegations of abuse were linked to Chinese companies’ overseas investments in the transition minerals sector
The carrier will use volume from July 17 to July 21 as a baseline capacity measurement. Shipments exceeding that amount aren't guaranteed to be accepted.
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
Introduction Founded in 2009, Rivian Automotive, Inc. is an American electric vehicle manufacturer and automotive technology company which has emerged as a prominent player in the highly competitive automotive industry. It specializes in producing electric SUVs and pickup trucks using a versatile “skateboard” platform that other companies can utilize or accommodate future vehicle models.
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.
As established in part one of our intake management market series, the segment involves a high degree of cross-functional complexity. As a result, the overall market includes a mix of vendors that market as intake, orchestration, category-specific, process-specific, etc. As long as a solution covers the step of capturing a request into the functional processes (e.g., the S2P process for stakeholder requests involving supplier fulfillment), it at least tangentially covers intake management.
In this environment, for retailers to compete, they need to give customers a full menu of delivery options to fit their preferences at the point of purchase, each and every time.
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.
Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of This content is for members only. Visit the site and log in/register to read. The post Q2 2023 Insider roundup: A deep dive into procurement tech market movements; updated coverage of 10 vendors appeared first on Spend Matters.
In today’s episode of Women in supply chain , I’m joined by Seretha Willingham – founder, CEO, project management professional and Certified Scrum Master! Seretha’s impressive corporate career spans from financial data analysis and IT project management to strategic planning and execution. And, utilizing all of that knowledge and experience, Seretha went on to found SJW Logistics – a 3PL providing freight transportation, warehousing and e-commerce fulfilment services.
The International Maritime Organization's initially unclear target date implies a divide within the ocean shipping sector on net-zero emission goals, according to The Wall Street Journal.
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.
As procurement and other functions have sought to create more value by aligning better with internal stakeholders and users, the role of ‘intake’ has become increasingly popular. The overall concept has existed for years within procurement, but it has been aspirational only and weakly implemented within the source-to-pay (S2P) software market. This has led to a clutter of functionalities for requisition management, stakeholder/demand management, procurement service/‘help desk’ requests and more
Chinese Factories See 3rd Month of Contraction Production at Chinese factories contracted for a third month in a row but at a slower rate. Maybe they need to look at exporting chiles, I hear those are in demand… US Wants ALL the Chips As the US continues to hoard chip production, they’re contemplating more restrictions on chip exports to China.
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
We have seen many trends come and go over the last few years, and most of them stemmed from the. The post R.I.P. Great Resignation (2020-2023) appeared first on Art of Procurement.
Original equipment manufacturers need real-time information on molds that are used to make product parts but often don't have it, says Gabriel Tejada, senior project manager at eMoldino.
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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