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Over the course of the coming week, large swathes of the global procurement community will congregate in London to collaborate, challenge, celebrate and learn at the World Procurement Congress. It’s a hugely energising experience – an opportunity to inhale knowledge, grow networks, and challenge our current beliefs, approaches and trajectories. This year’s agenda is world-class in every sense, featuring a diverse group of speakers – from a who’s who of the global CPO community to four-time Olymp
C.H. Robinson, ITS Logistics, Home Depot and IMC Companies shared insights on the federal data-sharing platform designed to improve visibility of disruptions.
Gartner predicts that by 2028, 70% of companies will adopt regionally diversified supply chain models to improve network resiliency in the face of ongoing global disruptions.
“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.
Challenge With global energy demand on the rise and fossil fuels continuing to make up most of the world’s power consumption, cutting emissions in the energy sector represents a formidable task. What’s more, the pathways for companies to reach net-zero are not necessarily clear. The scale and complexity of the challenge is such that businesses are looking far and wide for answers to it.
Solutions that cover intake management and procurement orchestration have evolved from being niche or a novelty to being players in a competitive market. The former, as our analysts have written , “use interactive inquiries to understand needs, triage requests, determine the needed guidance and ultimately solve the problem through interactive and integrated workflows,” and the latter is “more focused on orchestrating end-to-end business processes across domain-specific business applications with
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Solutions that cover intake management and procurement orchestration have evolved from being niche or a novelty to being players in a competitive market. The former, as our analysts have written , “use interactive inquiries to understand needs, triage requests, determine the needed guidance and ultimately solve the problem through interactive and integrated workflows,” and the latter is “more focused on orchestrating end-to-end business processes across domain-specific business applications with
The actual experience of many logistics and other business executives suggests that artificial intelligence remains more a subject of hope and hype than a practical tool in everyday use.
Although every step matters in the contemporary business world, specific actions set leaders apart. Certified… The post How Certified Procurement Professionals Drive Business Success first appeared on Procurement Blog | Procurement & Supply Chain News.
Executive Carlos Londono spoke to Supply Chain Dive about the company’s operations and its efforts to bring the technology to all of its 3,500 restaurants.
Part 2 of this Spend Matters Vendor Analysis focuses on the strengths and opportunities of Corcentric Platform’s source-to-pay (S2P) solution. It also looks at customer reviews and the elements to consider when looking at Corcentric Platform as a potential solution provider. Part 1 of the series provides a history and overview of Corcentric Platform’s S2P solution and the solution’s roadmap/vision.
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
Supply chain design and optimization projects present significant challenges, ranging from complex network structures, and multiple databases to diverse business objectives. Drawing from hands-on experience gained at leading organizations, I’ve compiled a comprehensive document to assist professionals in this industry. Introduction In today’s fast-paced and competitive business landscape, the optimization of supply chain networks is critical for enhancing operational efficiency.
This Spend Matters Vendor Analysis provides an overview of Corcentric Platform and its source-to-pay (S2P) solution. In the ever-evolving landscape of business operations, organizations are constantly seeking ways to enhance efficiency, reduce costs and streamline their processes. For procurement professionals, the one-stop-shop offered by source-to-pay (S2P) solutions can be invaluable.
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.
Unions are demanding fair wages, collective bargaining agreements, access to Wi-Fi, and a dedicated system to handle grievances without fear of retaliation.
The final days of spring are numbered as we continue hurtling to the halfway point of 2024. How did we get here already? Supply Chain is no stranger to change, challenges, and yes, general chaos, but this year has been its own kind of animal charged by a strained global economy, shifting tensions across continents, and a major presidential election that could have resounding impacts across business and commerce this coming fall.
Business leaders worldwide are asking their teams the same question: “Are we using the cloud effectively?” This quandary often comes with an accompanying worry: “Are we spending too much money on cloud computing?” Given the statistics—82% of surveyed respondents in a 2023 Statista study cited managing cloud spend as a significant challenge—it’s a legitimate concern.
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.
Allianz estimates that global trade will increase by 2.8% in 2024 — below the average of 5% — blaming that on disruptions brought on by the Red Sea crisis.
For many companies, employing a procurement agent can make all the difference in terms of… The post What to Expect When Hiring a Sourcing Consultant first appeared on Procurement Blog | Procurement & Supply Chain News.
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.
The chemicals industry, which contributes trillions of dollars to the global economy every year, is undergoing a significant transformation due to recent social and political trends.
“The first casualty of war is truth—the second is empathy. Empathy has to call for backup. The backup is in. The post Empathy is Not a Soft Skill appeared first on Art of Procurement.
Artificial intelligence (AI) represents a once-in-a-lifetime change management opportunity that might decide who wins and losses across every industry. As the AI era takes shape through digital transformation initiatives, executives and employees alike are contemplating how it affects employment and the skills needed to stay ahead. This is where AI upskilling and reskilling come into play.
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
While supply chain automation often begins in the warehouse, it can extend beyond to transportation management, fulfillment and returns, and even customer-facing locations.
Imagine fully utilizing the enormous resources and skills available worldwide for your company. Efficient worldwide… The post Crucial Tips for Maximizing Global Sourcing Services first appeared on Procurement Blog | Procurement & Supply Chain News.
Organizations today are both empowered and overwhelmed by data. This paradox lies at the heart of modern business strategy: while there’s an unprecedented amount of data available, unlocking actionable insights requires more than access to numbers. The push to enhance productivity, use resources wisely, and boost sustainability through data-driven decision-making is stronger than ever.
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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