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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

Fashion Powerhouse Implements Supply Chain Transparency for its Sustainability Efforts
Serai’s Traceability solution helps cut time to trace products in half.

Environmental, Social, Governance, and Procurement - It’s Time to Take Charge
While ESG has been a board-level topic for many years, leaders have only recently woken up to the need to act.

The 2022 Business Spend Management Benchmark Report
The industry’s only collection of benchmarks is based entirely on hard data from real business spend transactions, with 20 community-powered KPIs for best-in-class performance across procurement, risk, invoicing, expenses, and payments.

How to Mitigate ESG Risk in Your Supply Chain
Businesses worldwide seek more transparency in ESG data, according to a new Coupa study.

6 Steps for Procurement to Drive Environmental, Social, Governance Excellence for the Enterprise
This white paper, 6 Steps for Procurement to Drive ESG Excellence for the Enterprise, lists the effective methodologies and expertise procurement leaders can equip their teams with to develop and implement ESG frameworks and unlock competitive advantage.

How To Mitigate the Impact of the Russia-Ukraine War on Your Global Supply Chain
The Russian invasion of Ukraine is adding new troubles to the world's already stressed supply chains, and this crisis has resulted in rising oil costs increasing transportation and manufacturing costs, exports, including natural gas, precious metals, and wheat, will negatively impact enterprises across a variety of sectors.

How to Ensure Your Digital Procurement Transformation Plan Delivers on the Promise
How to Ensure Your Digital Procurement Transformation Program Delivers on the Promise highlights the steps CPOs need to take to ensure their transformation plans don’t flop. In addition, get valuable advice on avoiding pitfalls with a top-down approach.

The Digital Levers You Need To Achieve Sustainable Cost Reduction
This white paper highlights the challenges and pressures that have forced enterprises to rethink their traditional approaches to cost optimization.

What Does Obsolescence Management Mean in 2022?
Due to paradigm-shifting events like the coronavirus pandemic and the global chip shortage, the meaning of obsolescence management has changed. OEMs need to update their methodologies to stay competitive in the worldwide marketplace.

Talking Supply Chain Podcast: The New Oil
On this episode, Lewis Black, the CEO of Almonty Industries, discusses the supply chain barriers to the EV revolution. Is tungsten then new oil? SCMR’s Editorial Director Bob Trebilcock hosts.

Unlocking Hidden Value for Your Business with a Business Spend Management Platform
In this ebook, learn how an integrated, single-platform suite helps business leaders in finance, procurement, supply chain, and IT unleash more value from business spending.

Supply Chain & Procurement Outlook 2022
The GEP Outlook 2022: Supply Chain and Procurement report, provides insights and strategies to help leaders navigate an environment of constraints and opportunities, of inflation and growth, disruptions, and digitalization.

Predictions for the 2022 Global Semiconductor Sector
Leading chipmaking executives and insiders believe the electronic components supply chain will grapple with lead time delays, availability issues, and pricing fluctuations throughout the coming year and into 2023.

Talking Supply Chain Podcast: It’s a Great Time to be in Procurement
On this episode, author Elouise Epstein discusses the changes transforming procurement, and the procurement professional. SCMR’s Editorial Director Bob Trebilcock hosts.

Coupa Announces Strategic Partnership with Japan Cloud to Establish Coupa K.K.
New joint venture will accelerate Business Spend Management adoption in Japan as companies look to gain more spend visibility and control - Japan is one of the largest public cloud markets in APAC.

Why Procurement and Supply Chain Operations are Smarter Working Together
In the post-COVID world, Supply Chain Planning and Source-to-Pay cycles need to be increasingly dynamic and intertwined starting with greater alignment between the Chief Procurement Officer and the Chief Supply Chain Officer.

The Future of Procurement Arrives at Last
This paper details how digital technologies are on pace to automate most routine procurement processes within three to five years.

2021 Business Spend Management Benchmark Report
In this report we show you how to be ready for the future with the Business Spend Management “Suite 16” KPIs, and how to benchmark your digital transformation across procurement and finance today.

Artificial Intelligence and Its Impact on Procurement and Supply Chain
Through this paper, we intend to break down some of the essential AI concepts and showcase the game-changing applications that we believe are most relevant in procurement and the supply chain.

Demand Planning, AI, and Agile Decision Making, Solves Anticipated Cargo Demand
The Air Mobility Command of the U.S. Air Force needed to develop an airlift forecast with enough accuracy to book commercial aircraft 12 months in advance.

Featured Companies

OpenText™ operates the world’s leading B2B network. Built on the strength of the OpenText Cloud™, it connects more than 600,000 businesses that execute in excess of 16 billion transactions per year. OpenText B2B Managed Services help reduce the complexity…
Source One Management Services
Source One Management Services, LLC is the world’s leading provider of procurement and supply chain solutions. Our commodity experts take advantage of a wealth of data and industry know-how to deliver process improvement and enhanced relationship management to each…
Esker is a global cloud platform built to unlock strategic value for supply chain, finance and customer service professionals, and strengthen collaboration between companies by automating the cash conversion cycle. Esker’s solutions incorporate technologies like Artificial Intelligence (AI) to…
Sievo is the leading Procurement Performance Management SaaS provider that analyzes past purchases, predicts future spend and manages procurement savings from idea to measurable cash. Sievo software helps companies to increase savings, enhance procurement credibility and eliminate the process pain…
eBay Enterprise
By engaging eBay Enterprise as a co-sourcing partner for the products and services you need, you get the most out of your online channel. With eBay Enterprise bringing you greater speed and operating capabilities, your commerce team has the freedom…
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…
SPS Commerce
SPS Commerce perfects the power of trading partner relationships with the industry’s most broadly adopted, retail cloud services platform. As a leader in cloud-based supply chain management solutions, we provide proven integrations and comprehensive retail performance analytics to thousands…
Infor Supply Chain Management combines best in class solutions with industry-specific functionality, giving you the power to plan and execute your supply chain strategies faster and more profitably, from strategic and tactical planning to execution. With analytics at the core,…
BravoSolution is a leading global strategic procurement solution provider. Our procurement technology platform and practitioner experience help more than 600 companies and over 100,000 procurement professionals in over 70 countries unlock the power of procurement to drive financial performance, develop procurement organizational excellence,…
POOL4TOOL America LLC, founded in 2009, is a subsidiary of POOL4TOOL AG. Headquartered in Farmington Hills, MI, we are an innovative leader in the field of eSolutions for optimizing sourcing. As an entrepreneurial company, we have been following our…
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Featured Downloads

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.

20 Warehouse & Distribution Center Best Practices for Your Supply Chain
20 Warehouse & Distribution Center Best Practices for Your Supply Chain
In this guide, we picked the brains of our supply chain engineers to find ways to improve warehouse and distribution center efficiency...
SOLOCHAIN WMS plus a Guide to Warehouse Management Systems
SOLOCHAIN WMS plus a Guide to Warehouse Management Systems
In these 2 'papers' Solochain WMS, we detail Manufacturing Execution System capabilities and Generix's portfolio of SCM solutions to manage all distribution logistics,...
Supply Chain Outlook: What to Expect Near-Future
Supply Chain Outlook: What to Expect Near-Future
An investigation into how supply chains have changed, where they are heading, and how you can prepare.