Procurement is at a crossroads. At the same time that automation has launched the discipline into a new era of efficiency, global supply chain and manufacturing practices are in a constant state of flux. With technological advancements in their playbook, procurement...
For automotive procurement teams, navigating the complex landscape of procuring components for vehicles is no easy feat. With an ever-changing industry requiring staying up to date with technology developments, current trends, and new regulations, it can be difficult...
If you thought supply chain and manufacturing challenges would be the least of your worries going into 2023, you’re either a resilient optimist or spent the last three years living under a rock. Unfortunately for supply chain and manufacturing executives, disruption...
Procurement is a critical function for any business, and as a Chief Financial Officer (CFO), you play a crucial role in ensuring that your company's procurement practices are effective and efficient. You may face challenges such as choosing reliable suppliers,...
The vast majority of Chief Procurement Officers (CPOs) believe in the power of procurement data to make better-informed decisions across their organization. In fact, they believe the potential of procurement data is so big, it could completely revolutionize the way...
Welcome to the 2020’s, the same decade that George Jetson from the cartoon “The Jetsons” was born. While we are still far off from a future with flying cars and home robots, many of the technologies predicted in the show – think flat screen televisions, video calls,...
Digital transformation has become an important topic for most procurement teams today. As I advise procurement leaders on how to approach digital initiatives I find myself looking back on experiences from high school and college where I was lucky enough to participate...
To understand long-term transformations in supply chain and procurement technology, supply chain professionals must be able to understand present trends so they can help shape future realities. Experts believe the following supply chain predictions are viable...
People who make forecasts about AI assume that because AI is a virtual machine (albeit an adaptive one), that it will be good at things we’ve come to know machines are good at and bad at everything else. Strangely, the past few years have disproved this – AI seems...