Shannon Kreps
With more than 20 years of experience in source-to-pay solutions and generating operational insights grounded in data analytics, Shannon is vice president of Product Marketing at Medius, a global supplier of cloud-based source-to-pay solutions with more than 3,000 customers worldwide.
From this author
Traditionally thought of as just being responsible for dollars and cents, the function of today’s procurement team goes much further than purchasing supplies needed to run an organization’s day-to-day operations. Beyond managing the entire supply chain process, their responsibilities have expanded in the wake of the Corporate Social Responsibility (CSR) movement.
There are several reasons for this shift – from a stronger C-level partnership to increased digitization...
During the COVID-19 pandemic, companies have had to navigate unprecedented supply and demand chain challenges. In fact, industries were seeing increasing instability in this area prior to the pandemic’s onset. Susan Lund, a partner at the McKinsey Global Institute, says even before COVID research conducted revealed that, on average, companies...
Legislation regarding the environment, modern slavery and other sustainable procurement laws are coming into force at a breakneck pace. By embracing change now and adopting ethical and sustainable procurement, organizations can get ahead of the curve. Also, this socially responsible commerce movement is being thrust into the forefront of how business will operate moving forward, given the guidelines for the recent stimulus bill passed in the U.S.
As ethical sourcing has become...