American Tire Distributors • Future of Sourcing Awards Finalist Interview
Posted: 09/15/2023 - 20:12
1) Can you outline why your team embarked on this project and the problem that needed to be solved?
Global
Beyond Surviving: Achieving Long-Term Business Resilience with Agile Procurement and Supply Chain Strategies
Posted: 09/09/2023 - 02:54
In today's unpredictable business landscape, resilience has become the cornerstone of success. As companies face increasingly complex challenges, their ability to adapt and innovate has become critical for survival. One area that plays a pivotal role in enabling organizational resilience is procurement and supply chain management.
Calculum • Future of Sourcing Awards Finalist Interview: Innovations In Sourcing
Posted: 09/06/2023 - 19:52
1. Can you outline why your team embarked on this project and the problem that needed to be solved?
Today, there are over 200 million businesses in the world, with each negotiating payment terms with suppliers and customers.
The Fractional CPO
Posted: 08/31/2023 - 20:58
There is an exciting trend occurring within the labor market - fractional CxOs. So, what is a fractional CxO? They are highly experienced executives with functional, industry-domain knowledge retained by an organization on a part-time or contract basis. Instead of being a full-time employee, the fractional CxO provides expertise, insights, mentoring, and leadership for specific hours or days per week or month.
2023 FOSA Finalists
Posted: 07/29/2023 - 03:10
Innovations in Digitization
Dräeger - Using Smart Processes to Create Resilient Supply Chains
Dubai Municipality – “Utilitizing Digital Transformation to Facilitate and Maximize Effectiveness of RPA in Supplier Performance Evaluation"
GEP – Top Asian Retailer Transforms Procurement Operations By Deploying GEP SMART
How AI & Digital Are Transforming Language Services
Posted: 07/26/2023 - 19:31
While traditionally focused on consumer markets, the company recognized that demand for its services was growing among enterprise customers. Large businesses, universities and government entities, for example, are increasingly focused on providing accessible and inclusive communication options. Captioning, transcription and video services, moreover, can play a role in post-pandemic workplace models designed to facilitate collaboration among employees in disparate locations.
Emergency Proof Your Procurement Processes
Posted: 07/17/2023 - 22:01
In March 2020, Pedernales Electric Cooperative (PEC)—the largest electric cooperative in the United States, servicing more than 346,000 accounts in Central Texas—had to go from being fully in-office to fully remote virtually overnight, like many organizations across North America during the COVID-19 health crisis.
Navigating the White Water of Change: Procurement’s Role in the New World Order
Posted: 06/06/2023 - 21:14
In Design Unbound Vol I, John Seely Brown coined the phrase “navigating the white water” to describe working through complexity with speed and agility. His analogy of a kayaker paddling through unknown waters works perfectly to describe organizations weathering our currently turbulent economy.
How AI & Digital Are Transforming Language Services
Posted: 06/01/2023 - 21:14
While traditionally focused on consumer markets, the company recognized that demand for its services was growing among enterprise customers. Large businesses, universities and government entities, for example, are increasingly focused on providing accessible and inclusive communication options. Captioning, transcription and video services, moreover, can play a role in post-pandemic workplace models designed to facilitate collaboration among employees in disparate locations.
Talking About a Services Procurement Revolution
Posted: 05/31/2023 - 22:21
We’ve already seen this shift in our daily lives. For example, these days it’s not unusual to hire someone to do your grocery shopping. When your refrigerator needs replacing, you pay for delivery and installation services for the new one, and pay to have the old one carted away.
And don’t get me started about all the services available when you buy a car.
The Freelance Revolution: How Businesses Can Benefit from Hiring Freelancers
Posted: 05/24/2023 - 04:37
One of the biggest benefits of hiring freelancers is cost savings. Freelancers can often be hired for a fraction of the cost of a full-time employee. This is because freelancers do not have the same overhead costs as businesses, such as office space, equipment, and benefits.
To Combat Cybersecurity Threats, Shine a Light on Your Extended Enterprise
Posted: 05/24/2023 - 00:36
Behind the Scenes of Retail's 21st Century Makeover
Posted: 05/18/2023 - 19:16
Regardless of whether consumers shop online or in-store, the expectations for on-time, accurate fulfillment are the same. To deliver a seamless digital-to-physical, otherwise known as phygital, shopping experience, retailers must be able to see and accurately sell their inventory down to the last item, for every color and size variation, every time. This means that a retailer doesn’t just need to know it has 10 pairs of Levi’s jeans in-stock.
Keelvar Unveils First of its Kind Autonomous Sourcing Solution, for Transformed Outcomes Across Strategic, Tactical and Tail Spend
Posted: 05/11/2023 - 20:57
CORK, Ireland – May 2, 2023 – Keelvar, a global pioneer of intelligent sourcing optimization and automation solutions, today launched the next-generation of its Autonomous Sourcing solution, which combined with its Sourcing Optimization platform, fuels a revolutionary approach to sourcing.
How Best-in-Class Procurement Teams Conduct Sourcing During a Crisis
Posted: 05/10/2023 - 02:28
The COVID-19 epidemic has severely hampered global supply chains, causing the industry to occasionally come to a standstill as well as the closure of airports and seaports for a significant amount of time, thus preventing the transfer of both raw materials and completed commodities.
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