Wednesday, July 24, 2024 · Brian Straight
Boeing faced unknown spending, but a pilot program using Fairmarkit’s artificial intelligence platform helped bring its procurement spending into the light.
Friday, July 5, 2024 · Brian Straight
As more companies turn to AI to manage and analyze their data, the concept of clean data sometimes gets pushed to the side.
Monday, July 1, 2024 · Matthew Buckingham, vice president of business development & alliances, Focal Point
With modern procurement software, API-enabled data flows, and AI-guided processes, procurement teams get to focus on what they do best: setting strategy, managing projects, and identifying spending optimization opportunities.
Friday, June 28, 2024 · Paul Lord, VP Analyst, Gartner
Delivering reliable product supply has only become more difficult in recent years with market challenges. To get back on track, organizations should focus on the development and practice of two performance management disciplines: Stock control for improved predictability…
Thursday, June 20, 2024 · Brian Straight
Tealbook founder Stephany LaPierre explains why a ‘data brain’ is needed to collect and analyze the necessary data for efficient procurement operations.
Friday, June 7, 2024 · Bridget McCrea
Bringing production and sourcing back to the United States or to a country in close proximity have always been goals for companies that want to gain better control over their supply chains. But for procurement leaders, it adds complexity.
Tuesday, June 4, 2024 · Etosha Thurman and Stephanie LeRoy
By implementing digital solutions, Cirque du Soleil has embraced a more agile and efficient approach to procurement, positioning itself for a bright future with long-term growth.
Thursday, May 30, 2024 · Pierre-François Thaler and Matias Pollmann-Larsen
A recent report from Accenture and EcoVadis found that delivering on sustainability goals is a top driver in 71% of procurement programs.
Monday, May 20, 2024 · Bob Wooten, C.P.M., CEP; Mark Trowbridge, CPSM, C.P.M. MCIPS; and Claudette Calder, MBA, CPSM
Electricity and natural gas costs are major factors in the profitability of companies in all industries, but especially in key parts of the supply chain. There are strategies to better control these costs.
Sunday, May 19, 2024 · Bob Wooten, C.P.M., CEP; Mark Trowbridge, CPSM, C.P.M. MCIPS; and Claudette Calder, MBA, CPSM
Electricity and natural gas costs are major factors in the profitability of companies in all industries, but especially in key parts of the supply chain. There are strategies to better control these costs.
Sunday, May 19, 2024 · Gary Forger
Procurement is transforming faster than ever. Cost, quality, and speed still matter. But now procurement managers are under pressure from one end of the supply chain to the other. As well as from within their own companies. This is going to take some work to tame.
Thursday, May 9, 2024 · Brian Straight
When the term cost control gets tossed around, it often means layoffs. But a strategic approach to controlling costs is more effective and can often strengthen organizations, argues Boston Consulting Group’s Laura Juliano.
Friday, April 19, 2024 · Costas Xyloyiannis, CEO of HICX
Building successful supplier diversity programs starts with a three-step approach to identifying these suppliers.
Thursday, April 18, 2024 · Brian Straight
If demand for a product suddenly spikes, can your business handle it? St. Onge’s Kira Bilecky recently explained why a good S&OP process can ensure the business is ready.
Friday, April 5, 2024 · Brian Straight
Many companies do not have processes in place to control procurement spending, leading to millions in wasted dollars from untracked dark purchases.
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