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…
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…
This article was originally published by Healthcare Business Today.
America’s hospitals are projected to lose $54 billion in net income in 2021, with more than one-third of these institutions maintaining negative operating margins through the year, according to the American…
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…
This article was originally published by betanews.com.
50 percent of respondents to a recent McKinsey survey reported that their companies adopted artificial intelligence (AI) in at least one business function in 2020. As interest and investment in AI and machine…
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…
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…
This article was originally published by epsnews.com
Business stakeholders often overlook sourcing and procurement departments, viewing them as tactical purchasing and contract administrators or even as barriers to the buying process. The pandemic gave procurement an opportunity to prove its…
This article was originally published in the Sourcing Industry Group (SIG) Speaks Blog – 12/10/20, featuring LogicSource Managing Partner, Sam Vail.
It is hard to believe 2021 is at our doorstep, and while the immediate future is uncertain,…
The last six months have been among the most challenging many businesses have ever experienced. With the economy closing—and still only partially reopened—the retail and consumer packaged goods (CPG) industries have been disproportionately affected. According to a recent study…