Sourcing & Procurement News
Adopting AI Responsibly Guidelines for Procurement of AI Solutions by the Private Sector
To establish standards for responsible AI practices, GEP has collaborated with the World Economic Forum and prepared this comprehensive report. The report lays down a customizable framework to help businesses adopt ethical AI technology. It has detailed assessment criteria, supplier questionnaires and insights on how to overlay all of it with strong governance.
ChatGPT’s Impact on Supply Chain Efficiency and Agility
If there was any doubt about how artificial intelligence can change the business landscape, the launch of ChatGPT has proved to be decisive.
6 Ways Supply Chain & Procurement can Benefit from Generative AI
Generative AI tools such as ChatGPT and Bard are poised to become a game-changer for supply chain and procurement professionals. By using this technology, professionals can improve their efficiency and productivity, and make better decisions that will benefit their organizations.
ChatGPT - What Procurement Leaders Need to Know and Do Right Now
ChatGPT, the headline-grabbing chatbot-on-steroids tool from Open AI, is a powerful example of how a new wave of emerging AI-driven natural language content development tool will transform (for better and for worse) companies, industries and our lives.
Global CPG Leader Adopts a New Procurement Operating Model
In this case study a multinational consumer packaged goods (CPG) manufacturer wanted to transform its procurement and streamline source-to-pay (S2P) processes. The company had near-zero focus on its indirect spend and a reactive support model that prevented it from capitalizing on global synergies.
How Public Schools use Procurement to Impact the Next Generation
A conversation with Danielle Kahler and Jon Laing of Lansing Public Schools.
Outlook 2023 Supply Chain & Procurement: Key Trends, Challenges, and Opportunities
Supply chain and procurement leaders enter 2023 with a lot on their minds. The business outlook, stressed by war, inflation, interest rate changes, and more, will prompt many firms to take a cautious approach. Leaders from supply chain and procurement leaders will wield their supply chains to advance social causes and their corporate values. They will accelerate ESG outcomes, and they will accelerate digital transformation. These leaders hold the keys to unlocking a brighter and more productive future. This is their...
Supplier Management Automation
This ebook is for accounts payable (AP) and procurement professionals looking to leverage AI-driven supplier management automation to improve cashflow, strengthen supplier relationships and promote continuous, scalable growth.
How Sourcing Can Respond in Dynamic Markets to Drive Supply Chain Value
As disruptive events continue to be a constant, buying organizations are needing to ensure that pricing, supply, and capacity remain stable across the supply chain.
The Very Beginning of Supply Chains – Rare Earth Elements Mining at Sheep Creek, Montana
Listen in as Rosemary Coates and Rachel Winn, Director of Operations at U.S. Critical Materials, discuss the search for and mining of rare earth elements and the development of the Sheep Creek Mine in Montana. Rosemary Coates, Executive Director of the Reshoring Institute, hosts this episode of The Frictionless Supply Chain.
5 Interesting Facts About Automation Technology
Whether you are reading this for fun or to find a fact to help enforce a business initiative, here are five interesting facts about automation technology that you may not know.
Accounts Receivable Automation Using Artificial Intelligence
Supported by AI technology, Esker’s accounts receivable software solution removes the obstacles preventing timely cash collection while providing finance leaders with the visibility they need to monitor their organization's cash flow and achieve positive-sum growth.
Rethinking Receivables
This 14-page white paper explores how AI-driven automation solutions optimize the AR processes within the invoice-to-cash cycle that impacts company cash flow, operating capital, and customer relationships.
The 2022 Annual State of Supply Management Report
This Verusen annual survey explores supply chain professionals’ current perspectives, activities, and challenges related to the impact of the rapid shift in supply chains and consequent business conditions.
6 Truths About Business Spend Management Technology
There’s a lot of pressure on today’s CIO. So when the procurement and finance teams recommend a new supplier for their spend management system, it might seem safest for you to recommend the ERP vendor’s solution instead.
4 Reasons Supply Chain Leaders Are Investing in Order Management Automation Solutions
Supply chain leaders work in a competitive environment, and in order to get ahead of the competition, they are increasingly turning to order processing automation solutions.
5 Ways Supply Chains Can Flourish in an Inflationary World
Supply chain and procurement professionals are being called to manage their organizations' value chains in highly challenging macroeconomic conditions, it is important to have visibility into inflation indices like the consumer price index and producer price index inflation.
Outsourcing Your Supply Chain
Listen in as Rosemary Coates and Hannah Kain Founder, and CEO of ALOM, discuss outsourcing and managing your global supply chains.
Optimizing Cash Flow Automation in the Age of Uncertainty
By creating a collaborative environment of end-to-end efficiency, companies can shore up back-office activities such as paying bills, processing orders, and collecting cash, while transforming the way customers and suppliers interact within your organization.
4 Strategic Reasons to Choose a Unified Source-to-Pay Platform Over Enterprise Resource Planning
Enterprise resource planning systems have not provided the needed clarity and, in some respects, have made problems worse, as they don’t readily allow for the necessary rapid response to massive upheavals caused by disruption.
Featured Companies
Manhattan Associates is a best-in-class global solutions provider for supply chain leaders- organizations intent on creating enduring market advantages by leveraging their supply chains. We help our customers successfully manage accelerating and fluctuating market demands, as well as master the…
ConnXus is a cloud-based supplier management platform that connects small and diverse businesses to Fortune 2000 companies. The platform specializes in supplier diversity, vendor management, sustainable supply chain solutions and business services for minority-, woman-, veteran-, and LGBT-owned businesses.
Ariba is the world's business commerce network. Ariba combines industry-leading cloud-based applications with the world's largest web-based trading community to help companies discover and collaborate with a global network of partners. Using the Ariba Network, businesses of all sizes can…
Raytheon Company, with 2014 sales of $23 billion and 61,000 employees worldwide, is a technology and innovation leader specializing in defense, civil government and cybersecurity markets throughout the world. With a history of innovation spanning 93 years, Raytheon provides state-of-the-art electronics, mission systems integration…
Recognized as a Leader by Gartner, Ivalua’s Source-to-Pay suite is leveraged by over 300 leading companies across the globe to manage over $500 Billion in direct and indirect spend. The platform’s combination of ease of use, depth, breadth, and flexibility…
IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and expertise to forge solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance…
Institute for Supply Management
Founded in 1915, ISM®'s mission is to enhance the value and performance of procurement and supply chain management practitioners and their organizations worldwide. By executing and extending its mission through education, research, standards of excellence and information dissemination — including the…
Vantage Partners is a global management consulting firm. We specialize in helping companies achieve breakthrough business results by transforming the way they negotiate with, and manage relationships with, key business partners.
CombineNet, Inc. delivers award-winning best-in-class e-sourcing software solutions through its products CombineNet ASAP® for advanced e-sourcing, CombineNet Spend Analysis, and CombineNet Contract Management. Using these Software-as-a-Service (SaaS)-based sourcing products, CombineNet customers can rapidly adopt proven solutions for increasing spend…
Apptricity Corporation is a leading global provider of Internet of Things, M2M solutions for Supply Chain and Spend Management. Deployed by commercial, government, and military entities worldwide, Apptricity solutions provide unprecedented real-time information and business intelligence. We seek to…
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