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Global supply chains have suffered immensely in the last two years due to the COVID-19 pandemic. There has been a shortage of materials, shipping prices have gone up, and ports have been backed up. A lot of companies missed their demand forecasts. This has in turn affected global commodity prices leading to a discussion about […]. The post 2022: The Year to Build Supply Chain Resiliency appeared first on ProcurePort Blog.
The holidays are placing even more stress on supply chains. Here are four ways you can help lower stress, minimize damage and deliver positive customer service.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Cryptocurrency Facts to Know! Stellar cryptocurrency article and permission to publish here provided by Jamie Martinez. In the last month, there has been a drop in the cryptocurrency market. Digital assets such as bitcoin, ethereum, ripple and others have fallen in value quite significantly.
The World of Procurement Community on Discord is Live I'm announcing the World of Procurement Discord community server. Join the Community. I'm super excited about this community server. Discord has been a place that I've really enjoyed using throughout 2021. I’ve had issues with LinkedIn. It is sometimes problematic with the way in which it drives traffic to content.
“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.
In the procurement of innovation, at least one aspect of the whole process carries some uncertainty. This is the origin of risk in any procurement process. The challenge for managers is to identify the risk for all parties involved and quantify it. They must then move on and assess the necessary mitigating actions to be […]. The post Risk Management in the Procurement of Innovation appeared first on ProcurePort Blog.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Delivery Drones are Taking Off! (Infographic). For many years I have thought about buying a drone. With so many shows available showing aerial video of beautiful places around the world it, having a drone would enable me to realize that same experience on my own. On a recent trip to Costco I noticed that they had a great deal on a Drone bundle, with great features.
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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.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Delivery Drones are Taking Off! (Infographic). For many years I have thought about buying a drone. With so many shows available showing aerial video of beautiful places around the world it, having a drone would enable me to realize that same experience on my own. On a recent trip to Costco I noticed that they had a great deal on a Drone bundle, with great features.
Over the next few weeks on CPO Rising, we are going to re-publish episodes from our “Procurement Rising” podcast series. In this podcast series, I interview Chief Procurement Officers and Best-in-Class procurement leaders as well as technology and business experts working in procurement and supply management. Our goal is to find people who are passionate about procurement and […].
Digital disruption impacts companies of all sizes and across different industries, creating new channels for partner and customer interactions. That, in turn, subverts industry dynamics and core, business models. In a report by McKinsey and Deloitte, companies see their future viability and relevance under fire. According to Deloitte, in the next generation of digital procurement, […].
Here’s a look back at our most-clicked stories this year — which showcase the worst of the crisis, new ideas that it spurred, and a glimpse at how we got here.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Screen Time! Is That Enough To Be Good In Supply Chain? Supply Chain documents article and permission to publish here provided by Claire Glassman. With globalization came the increase in the shipment of goods from one country to another. This made the world more interconnected and gave more opportunities for businesses.
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
Digital Transformation for Shopify Vendor Bonaventura started their digital transformation of end-to-end Pre-Season Planning with Solvoyo. Bonaventura sells its premium products on 5 different sales channels, including Shopify, Amazon and Rakuten. The post Premium Leather Goods E-Tailer appeared first on Solvoyo.
The view on procurement from the perspective of traditional economic theories Nowadays, procurement increasingly speaks up about its critical role in the firm's very existence. Despite this being true for many companies, we're mainly trying to create awareness instead of claiming our well-deserved place in the company ranks. In fact, the importance of procurement was confirmed many decades ago upon the formulation of some classical economic theories.
Access this ultimate guide to healthcare supply chain management to learn the trends, challenges, strategies and solutions for achieving complete visibility and control over all of the supplies used in patient care. .
Over the next few weeks on CPO Rising, we are going to re-publish episodes from our “Procurement Rising” podcast series. In this podcast series, I interview Chief Procurement Officers and Best-in-Class procurement leaders as well as technology and business experts working in procurement and supply management. Our goal is to find people who are passionate about procurement and […].
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.
How big does a business need to be before they can afford procurement software? And how many features does the software need to have to still enable it to deliver value? My guest today is Adam Thomas from a small but growing startup oboloo. Based in London, the company is focused on delivering a practical source-to-contract software solution to small and medium-sized businesses (SMEs).
The role of the maritime manager has changed, and it will take more innovative solutions from all members of the supply chain to help fix the current crisis.
As more warehouse processes become automated and WMS with warehouse control system (WCS) functionality is required, ERP integration is imperative to produce the desired business results.
Companies are increasingly partnering with external organizations to make their supply chains more efficient and cost-effective. As new partners come in, however, the overall supply chain becomes more complex.
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.
Recent procurement digitization efforts have focused largely on indirect spend categories. But neglecting direct spend digitization means ignoring 90% of a company's overall spend and foregoes potentially dramatic process and business improvements.
In a tight market, a top-performing facility experience can help you gain access to more reliable capacity. But how do you know what separates a top-performing facility from one that’s below average?
After spending nearly two years tackling some of the most severe supply chain disruptions in history, it is not an exaggeration to suggest that many are only now regaining their bearings.
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.
With the convergence of the COVID-19 pandemic and ongoing natural disasters, global supply chain problems such as product shortages, congestion and price spikes have become more prevalent.
Since the invention of robots, people have tended to fear a world in which automation plays a major societal role. But when it comes to manufacturing, warehousing and fulfillment operations, reasons to embrace robotic assistance are only increasing.
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
Over the next few weeks on CPO Rising, we are going to re-publish episodes from our “Procurement Rising” podcast series. In this podcast series, I interview Chief Procurement Officers and Best-in-Class procurement leaders as well as technology and business experts working in procurement and supply management. Our goal is to find people who are passionate about procurement and […].
Over the next few weeks on CPO Rising, we are going to re-publish episodes from our “Procurement Rising” podcast series. In this podcast series, I interview Chief Procurement Officers and Best-in-Class procurement leaders as well as technology and business experts working in procurement and supply management. Our goal is to find people who are passionate about procurement and […].
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