By Mark Van Sumeren
Healthcare supply chain teams nationwide faced an unprecedented crisis during the COVID-19 pandemic. Teams raced to secure personal protective equipment (PPE). Surges in demand for equipment and transportation disruptions strained our fragile procurement infrastructure. And national lockdowns further delayed…
By Jonathan Shap
A group purchasing organization (GPO) model is built on economies of scale, grouping purchasers with similar needs to buy in bulk and reduce costs for member organizations. This works well when it comes to cost-of-doing-business items that companies use…
With growing economic uncertainty driving renewed caution among US consumers, Retailers are facing make-or-break decisions. How they respond to revenue pressures and the financial headwinds disrupting their long- short- and near-term plans will determine whether they are positioned for…
By Mark Flowers
Today’s disruptive and fast-paced business environment is putting unprecedented pressure on Procurement teams, meaning modern Procurement professionals need enabling technology that can meet the dynamic needs of their organization. Responding to that increasing need, OneMarket has made significant user…
By Mike Crawford
This article was originally published by Retail TouchPoints.
These days it takes about everything businesses have just to get goods on shelves. Product inventories have fallen to historic lows. Goods are held up by shipping container shortages, congested ports…
By Jo Seed
This article was originally published by EPSNews.
As artificial intelligence (AI) capabilities mature, an increasing number of businesses are investing in AI initiatives and leveraging automation in their daily business operations. This once leading-edge technology is becoming more ubiquitous…
Uncovering potential savings in GNFR (goods not for resale) expense has become increasingly important, as many US retail and CPG companies have encountered constrained profit margins as a result of the Covid-19 pandemic. Titled “Using Data Analytics to…
By Sam Vail
This article was originally published by Supply and Demand Chain Executive.
As a procurement leader looking to fix a spend data challenge, take time to evaluate your spend data and understand how you can deliver valuable and actionable insights…