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Sourcing & Procurement

Sourcing & Procurement Top Stories

Moody’s: Carbon Offsets Open Supply Chains Up to Financial, Reputational Risks
A new report from Moody's finds that companies that rely on buying carbon offsets as an emisisons-reduction strategy could face financial and reputational harm.
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.
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.

Sourcing & Procurement Resources

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...
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...

Sourcing & Procurement News

Seven Techniques for Preparing Winning Negotiations with Your Key Suppliers
Too often, supply chain and procurement leaders are not well-prepared for complex negotiations with key suppliers. So what does it take to get ready for even the toughest adversaries? Here are seven techniques that top supply management negotiators put into action—techniques that prove effective even when the deck is stacked against them.

Optimizing Your Buying Processes
IBM Emptoris Strategic Supply Management solutions help companies maximize savings, drive improved supplier performance and mitigate risk.

Improving Competitive Advantage Through Procurement Excellence
The report looks at what separates outperformers from the rank-and-file organizations that fall short. And, finally, the report provides a roadmap that CPOs can follow that will enable them to begin emulating the practices of outperformers to positively impact the competitive position of their organizations.

Cloud Tools Keep Your Supply Chain Platform Finely Tuned
GT Nexus Cloud Tools enables you to manage that change and support the complex network of data which form the backbone of your supply chain. Once you are on the platform with GT Nexus, you may be receiving data from suppliers, carriers, third party logistics providers, agents and banks.

Case Study for GSCS – Concerning Services Rendered to Weathermatic, Inc. during 2012
At the end of 2012, GSCS had delivered significant cost savings to Weathermatic, including reducing Weathermatic’s costs by 24% within the first three weeks of engagement, and radically improved supply chain processes.

Horse Meat: Is It In Your Supply Chain?
Due to its simultaneously disgusting and entertaining nature the 2013 meat adulteration scandal, or horse meat incident remains in the news even months after beginning. You might not be in the food industry yourself, but the scandal points out how vulnerable a supply chain with low upstream visibility can be.

GT Nexus Selected by TOMS to Provide Cloud-based Global Sourcing & Supply Chain Control Platform
TOMS Shoes has selected GT Nexus to provide the cloud supply chain technology platform to support global sourcing and import operations at the rapidly growing footwear and eye wear company.

What Five Great Economists Can Tell Us about Outsourcing
Want to improve your outsourcing efforts? This article unpacks the lessons of five “Big Thinkers” in the world of economics and shares how their insights can help improve your outsourcing.

E2open Releases E2 Planning & Response Version 11.2
E2open today announced the availability of E2 Planning & Response version 11.2, which includes improved “what-if” scenario and simulation capabilities, network planning visualization and analytics, and certified SAP adapters.

A Primer on Sourcing & Procurement in an Integrated Supply Chain
Cost management has taken on increasing importance in all aspects of the business. And in no part of the business is it any more critical than in procurement and sourcing activities. In this article, professor Wendy Tate of the University of Tennessee explains the principles and techniques that enable effective cost management as part of an overall strategic sourcing approach.

Vested Outsourcing & Five Rules That Will Transform Outsourcing
In her book, Vested Outsourcing: Five Rules That Will Transform Outsourcing, Kate Vitasek talks about three case studies, with P&G, McDonalds and Microsoft, and their successful supplier relationships. A common theme was the shift away from a traditional customer-supplier relationship to a highly collaborative relationship aimed at developing a win-win solution.

Key Findings from Consero’s 2013 Procurement & Strategic Sourcing Data Survey
According to a new survey by Consero Group, an international consultancy based in Bethesda, Md, over 50 percent of Chief Procurement Officers said their company pursues short-term savings from suppliers that undermine long-term value.

Consero’s 2013 Chief Procurement Officer Data Survey
This survey, presented in partnership with Vantage Partners, LLC, was developed in connection with an invitation-only event hosted by Consero Group LLC in January 2013 for a group of Fortune 1000 Chief Procurement Officers.

“Borderless Business Environment” Driving New Pressure, Changing Priorities for Procurement Leaders
Procurement leaders face new pressures in 2013 as companies focus on profitable growth and balance local agility with global scale in their value chains, according to new Procurement Key Issues Research from The Hackett Group.

Concepts of Demand Management
The concept of demand management includes demand sensing, demand shaping, demand translation, and demand orchestration throughout the value network.

The Hackett Group’s “The CPO Agenda: Procurement’s Key Issues in 2013” Research Report
Of all the Hackett Key Issues Studies conducted in the last five years, the 2013 edition shows the greatest year over- last change in priorities for both performance and capability-related issues. As companies adapt their operating models to the globalized business environment, business support functions are impacted in many ways.

Supply Chain Metrics That Matter: A Focus on Brick & Mortar Retail
Brick & mortar retailers in the grocery, mass and specialty categories have weathered tumultuous years with decreasing sales and increasing pressure from online peers. While e-commerce is not a fading trend, there exists widespread opportunity for improved performance of retail supply chains which will help brick & mortars compete in the new retail landscape.

Integrated Demand Management: When Will We Start Using Downstream Data?
The availability of downstream data has never been higher, but the efforts to use it are stalled. The answer lies in rethinking processes end-to-end to use the data. The answers fly in the face of traditional thinking and will require active stewardship by manufacturing leaders that understand why it is important to drive outside-in processes.

21st Century Solutions for Sourcing Services
The organizations and authors have teamed on this white paper to drive clarity around outsourcing business models and to help procurement, outsourcing professionals and commercial managers understand and use the appropriate sourcing business model to maximize their desired outcomes.

Microsoft/Accenture OneFinance
What happens when a world-class company discovers one of its key functions is less than world class? For software giant Microsoft, the answer is simple. They fixed it. In 2006, Microsoft embarked on a complete reengineering of its major global finance processes and operations.

Featured Companies

Strategic Procurement Solutions
The management team at Strategic Procurement Solutions brings a client-centered approach to your supply-management consulting & training opportunities. Our hand-picked professionals deliver impressive solutions that result from progressive experience guiding procurement programs for major clients in the Service, Manufacturing, and…
Pitney Bowes
Pitney Bowes is a global technology company offering innovative products and solutions that enable commerce in the areas of customer information management, location intelligence, customer engagement, shipping and mailing, and global ecommerce. More than 1.5 million clients in approximately 100 countries around…
Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone…
Eximchain enables businesses to connect, transact, and share information more efficiently and securely. Using blockchain technology, Eximchain eliminates traditional supply chain barriers and integrates actors big and small into an inclusive, transparent, and secure global network.
Enjoy Technology
Founded in 2014, ENJOY is the world’s first Personal Commerce platform, built to revolutionize the way people buy and enjoy the world’s best technology products. The central feature of the company is the ENJOY Visit, which is included free…
ToolsGroup is an innovation partner for companies who want to achieve highly accurate forecasts, outstanding customer-service levels and less global inventory. ToolsGroup provides software that analyzes demand history across multiple dimensions allowing for more reliable forecast and inventory targets to…
Bamboo Rose
Bamboo Rose is the leading product innovation platform connecting the retail community to discover, develop and deliver products at consumer speed. Our company is made up of retail experts with decades of experience at some of the largest global retailers.…
SAP Ariba
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…
Foods Connected
Giving food manufacturers and retailers the control to ensure that you have the right supplier, the right product, the right quality at the best price possible.
Manhattan Associates
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…
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Featured Downloads

Becoming a Shipper of Choice
Becoming a Shipper of Choice
C3 solutions' scheduling software streamlines the shipping process.
Thinking Differently About Supply Chain Planning
Thinking Differently About Supply Chain Planning
Political landscapes shift overnight, global trade is constantly changing, consumers demand increasingly personalized service and smaller day-to-day challenges hit without warning. If...

Rapidly Improve the Performance of Your Warehouse Logistics
Rapidly Improve the Performance of Your Warehouse Logistics
The Rapid Performance Evaluation identifies opportunities and potential improvements in every aspect of warehouse logistics operations; performance, productivity, service, quality, and systems.
Resource Management System (RMS): How to Effectively Leverage Your Assets
Resource Management System (RMS): How to Effectively Leverage Your Assets
This guide provides an in-depth analysis of the potential of various resources available in a warehouse and how they can be utilized...
Sustainable Supply Chain Insights From PITT OHIO
Sustainable Supply Chain Insights From PITT OHIO
A whitepaper on supply chain insights gleaned at the LEED-certified gold Cleveland transportation and sustainability summit.