GEP Outlook 2023
Posted: 01/30/2023 - 23:19
Leadership
2022 Gartner® Magic Quadrant™ Procure-to-Pay Suites
Posted: 01/24/2023 - 21:51
SIG ANNOUNCES WINNERS OF THE 2022 FUTURE OF SOURCING AWARDS
Posted: 10/22/2022 - 04:34
JACKSONVILLE, FL — October 25th, 2022 — Sourcing Industry Group (SIG), the premier membership organization for sourcing, procurement, outsourcing, and third-party risk executives, announced the winners of the Future of Sourcing Awards at its Global Executive Summit on October 19th, 2022.
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.
Master The Art Of Disruptions: Tips To Turn Volatility & Disruption Into A Competitive Advantage
Posted: 05/24/2023 - 06:41
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.
How To Improve Your Relationship With The Legal Department
Posted: 04/28/2023 - 00:45
The need for more strategic, collaborative, and partnership-oriented interaction between procurement and legal departments in the enterprise has never been more important.
The New Age CPO: Jim Wetekamp of Riskonnect
Posted: 04/07/2023 - 20:45
1. As the CEO of Riskonnect, can you speak to your company’s broader ESG and risk management efforts and any outcomes you’ve seen from these initiatives?
As a software company, our supply chain is fairly small. We regularly look for ways to reduce the environmental impact of our facilities, computer hardware, and cloud infrastructure hosting services. We encourage employees to minimize travel and leverage virtual meeting tools wherever possible.
How Strategic Outsourcing Can Solve Key Business Challenges
Posted: 03/28/2023 - 21:09
As a business, it’s ok to admit when you may need a little helping hand here and there. In fact, it may be highly beneficial to do so.
Outsourcing means businesses can delegate menial tasks to third-party companies and concentrate their efforts on more pressing matters, such as customer satisfaction and generating a profit.
But what is strategic outsourcing, and how can it help you overcome common business challenges?
What is strategic outsourcing?
The Rediscovery of Keiretsu: Vertically Integrated Partnerships with Your Supply Base
Posted: 03/21/2023 - 22:03
Delivering Sustainable Business Value Through The Procurement Analytics Maturity Model
Posted: 03/21/2023 - 02:22
It’s been 3 years since the start of Covid-19 pandemic, and it is hard to believe what all the world has gone through in these 36 months. Fortunately, barring a few countries, Covid-19 has all but fallen out of newspaper headlines and businesses all over the globe are trying to get to the pre pandemic velocity. However, business leaders continue to exhibit pessimism towards the economic environment citing inflation, supply chain risks, trade policy shifts, global energy crisis and fear of an upcoming global recession.
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