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Procurement

Q&A: Jamie Ogilvie-Smals, GEP 

Posted: 11/15/2017 - 02:20

Mark Pollack (MP): Jamie, tell our readers about yourself and your role within the organization. 

Jamie Ogilvie-Smals (JOS): GEP is the largest provider of unified procurement solutions in the world, combining strategic consulting, managed procurement services and cloud-based procurement software. We have a rapidly-expanding, blue-chip client base of Fortune 500 and Global 2000 companies in Europe, Asia and the Americas.

Procurement with Purpose

Posted: 11/07/2017 - 03:15

Education is the great equalizer. Yet when it comes to capturing opportunities to learn, there is a significant divide between the “haves” and “have nots.”  Technology is a powerful tool that can change this, and non-profit organizations across the country are beginning to leverage it to bridge the gap.

 

Fueling Innovation and Choice

Outsourcing industry – time to innovate

Posted: 09/28/2017 - 05:43

Innovation in most sectors has its roots in technology. What is curious though is that the outsourcing industry that plays such a big part in transforming other sectors has somehow ignored the need for innovating its own business models.

There is clear evidence of headwinds and industry players need to innovate to stay relevant and play their part in the IT supply chain of the future in a fast changing market place. And the time for them to do so is running out fast.

There are some notable trends that underline the need for change -

Reverse Auction: Friend or Foe?

Posted: 06/30/2017 - 06:30

Procurement organizations have been using reverse auctions in sourcing events for decades as a means to reduce spend, introduce new vendors into the supply base and remain competitive in the market. While reverse auctions have flourished since the mid 1990’s, they have also been heavily scrutinized. Trends such as these have forced suppliers to adapt to competitive business practices or become inconsequential. As procurement tools become more streamlined, practices like reverse auctions are more commonplace in sourcing events; however, they continue to harbor negative connotations.

How Big Data Can Improve Supply Chain Efficiency

Posted: 06/03/2017 - 07:03

Recently, supply chain professionals have recognized that better data collection and increased computing power can track sourcing, scheduling and routing better and faster than any human. Applying big data to thorny supply chain problems is still an emerging art as companies adapt their internal processes to rely on algorithms rather than rules of thumb. Here’s what you need to know to understand how big data is changing the supply chain and improving efficiency.

Q&A: Rainer Machek, SynerTrade

Posted: 05/18/2017 - 04:10

Rainer Machek is Executive Vice President at SynerTrade, a Germany-based global provider of digital procurement solutions. We caught up with Rainer at a recent Sourcing Industry Group (SIG) Global Summit to find out a bit more about his organisation and the role it plays in the market, and to get his take on some of the key trends driving the evolution of the sourcing and procurement space - and why different parts of the world are seeing organisations take very different approaches to solving some of the challenges facing that space today...

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