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Procurement processes in the USA and the UK share some similarities, but there are also key differences due to variations in legal frameworks, regulations, and cultural practices. It’s important to note that specific details can change over time, and you should always refer to the latest guidelines and regulations in each country. Here are some general differences between procurement in the USA and the UK: Legal and Regulatory Framework: USA: In the United States, procurement is subject to
The supply chain is undergoing a sustainability revolution. Organizations conscious of their green credentials are investing in electrification to reduce their carbon emissions.
In the last few years, the growing sophistication of artificial intelligence has brought unprecedented levels of precision, efficiency and innovation to supply chain management.
“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.
What is demand management and why should we use it? Criteria: Procurement plays a key role in leading demand management across the organisation with clear benefits as a result.Demand management improvement opportunities have been identified and a prioritised, structured plan is in place to address.Evidence of some benefits achieved is available. Evidence of up to date internal management information availability.
Procurement Leaders’ CPO community will gather next Thursday to discuss the concept of early supplier involvement – a simple idea that formalises how key suppliers are involved early enough to contribute maximum value to a buying organisation’s strategic initiatives. Those procurement functions pursuing a deliberate supplier-enabled innovation programme will see the early involvement of suppliers as a positive thing.
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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.
While numerous applications are available for optimizing a variety of logistics functions, the first- and last-mile segments are proving to be especially complex, generating significant costs for shippers and carriers.
For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.
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
It’s a new year, and there are reasons to suggest that 2024 might be a departure from the fresh chaos that has hallmarked supply chain since the 2020’s started, or at least a de-escalation. Over the last few years, supply chain professionals have navigated an endless array of challenges. When managing logistics and supply chains, they’ve responded to global pandemic factory closures, volatile and spiking inflation, and geopolitical tensions including wars that have limited critical supplies—thin
Forty-four percent of healthcare organizations are using AI to improve customer experiences while another 35% use this technology to forecast consumer demands.
For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.
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.
With the increase in online purchases, especially after the health crisis of the COVID-19 pandemic, the eCommerce industry is booming like anything. Most eCommerce and online businesses focus on forwarding logistics and last-mile delivery to reduce delivery time. Unfortunately, the majority of them miss one of the critical aspects of the supply chain – the Return Management of goods.
What’s particularly attractive about shopping malls is that they offer the possibility of creating a hybrid facility that combines logistics and fulfillment activities with in-person activities for shoppers.
This Spend Matters Vendor Analysis provides an overview of Data Semantics and its solution for AP automation. AP automation systems bring efficiency to the often tedious and manual process of accounts payable. They streamline the entire workflow, from invoice processing to payment, thereby reducing the risk of errors and saving valuable time and resources.
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.
For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.
Pactiv Evergreen said the generic containers are part of its response “to minimize supply chain complexity” amid a monthslong disruption challenging dairies and schools.
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.
Globalization has sped up business growth and enhanced the need for management tasks. In the supply chain, order management and inventory management play significant roles in rapid growth. Business success requires efficiency and effectiveness in managing an increasing number of orders. It can be problematic and require practical solutions. In this scenario, the Order Management System enters, which is capable of handling all the stress of increasing order volume.
The survey showed that 53% of organizations are investing in resources to develop and maintain programs that prepare a company for significant supply chain disruptions.
For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.
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
Houthi Attacks Affecting Global Trade The Iranian-backed Houthi Rebels continue to attack cargo ships passing through the Red Sea, causing shippers to re-route their transport routes resulting in increased costs. This critical shipping route accounts for 40% of Asia-Europe trade. Is Nuclear Energy the Best Energy Source? A Deep Dive As the world transitions to electrification of vehicles, the key question is “How are we going to power all these vehicles and devices?
Unmonitored supply chains, underlying inventory assets, a host of third parties, and frequent transactions make the manufacturing and retail industries a sweet spot for procurement and inventory fraud schemes.
For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.
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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