Global

Artificial Intelligence: Adopt or Surrender

Posted: 01/02/2019 - 02:53
Like it or not, technology disruptors are changing the way companies do business, causing fear and confusion for many IT professionals. The reality is that artificial intelligence (AI) and machine learning (ML) are developing at such a rapid pace that they impact pretty much every industry and companies are failing to keep up. The other technology disruptors that most people are familiar with include the Internet of Things (IOT), cloud computing, social media and block chain.
 

Introducing...Women in Global Sourcing

Posted: 12/28/2018 - 02:09
I have a passion for style and design. I like handbags, stilettos and lipstick so much that before I stumbled on sourcing during my senior year of college I planned on a career in fashion. I had recently finished my Alpha Gamma Delta sorority presidency and volunteered to coordinate Lip Jam, our largest fundraiser of the year benefiting diabetes. I hired a local print management company to source all the print, apparel and promotional items for the event. Out of nowhere, they offered me a job. I’m sure it was my charming personality and drop-dead good looks.  

Why wait to start your tech implementation?

Posted: 12/27/2018 - 03:37
Though slight variations are inevitable, most procurement organizations follow a familiar process for selecting and implementing their tools. Generally, it looks something like this.  
 
  • They decide they need a new procurement solution.
  • They conduct research and begin to engage with appealing providers.
  • They create and distribute an RFP.
  • They score the RFP responses to narrow things down.  

The Essential RFx Bidding Methods

Posted: 12/26/2018 - 01:20
Most companies use well-known and standard competitive bidding methods to pick suppliers. The most common is the Request for Proposal (RFP). However, in many cases, a conventional RFP falls short of finding the right supplier. Why? Conventional RFPs don’t always ask the right sourcing questions and as a result generate wrong (or less than ideal) answers from suppliers.   
 

The Impact of AI and Automation on the Global Supply Chain Part 1

Posted: 12/21/2018 - 03:34
Recently, at the United Nations Forum for Business and Human Rights at the Palais De Nations in Geneva, Switzerland, my colleague David Herman, Chief Data Scientist at SAP Ariba, and I had the honor of reflecting on the role of artificial intelligence and technology automation and their impact on human rights – especially as they relate to workforce displacement in the supply chain.

Benchmarking: Procurement’s Next Big Competitive Advantage

Posted: 12/20/2018 - 03:45
The procurement industry is at a crossroads. Procurement executives are tasked with delivering value that impacts the bottom line, but demonstrating that value to stakeholders, finance and other departments is easier said than done. Almost every CPO strives to lead a best-in-class function, but how do we know what best-in-class actually looks like? 
 

Addressing Ethical Supply Chains One Step at a Time – From Intent to Action

Posted: 12/12/2018 - 01:18
This month, the U.K. government alongside the U.S., Canada, Australia and New Zealand, raised the bar for companies “to conduct appropriate due diligence in their supply chains to identify, prevent and mitigate human trafficking” to remediate modern slavery. It is no longer enough to just be aware and acknowledge that companies expect every supplier to sign a code of conduct – companies also need to demonstrate the action and the impact. 
 
This is where the rubber meets the road. 
 

How to Keep Bad Weather from Killing Your Logistics

Posted: 12/11/2018 - 04:15
Supply lines never look as vulnerable as they do when inclement weather strikes. At best, trucks face major delays as accidents and poor conditions make roads treacherous and, at worst, they suffer accidents of their own. Routinely, air carriers remain grounded while affected areas hunker down and airports close. Don’t think you’re safe even if you fall outside a storm’s high-impact area.

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