Sourcing & Procurement

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.

If there was any doubt about how artificial intelligence can change the business landscape, the launch of ChatGPT has proved to be decisive.

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, 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.

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.

A conversation with Danielle Kahler and Jon Laing of Lansing Public Schools.

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...

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Listen in as Rosemary Coates and Hannah Kain Founder, and CEO of ALOM, discuss outsourcing and managing your global supply chains.

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.

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.