blog

Geopolitical Instability Among Top Concerns for Procurement and Supply Chain in 2017

This past year was an eventful one, as far as geopolitics is concerned – the European refugee crisis and growing unrest in the Middle East, coupled with China and Russia’s assertive stance on regional issues, caused widespread political instability across several nations.

The Outlook for Procurement in 2017 and Beyond – Global Supertrends and Their Implications

The political and economic changes witnessed in 2016 will continue to have far-reaching effects on global businesses in 2017 and beyond, according to GEP’s recently published annual Procurement Outlook report. Uncertainty in the global economic and business environment could result in lower investments and dampen the overall global economic growth. In addition, the lack of international consensus on climate change is another possibly destabilizing factor.

10 Contract Contributions to Business Agility

When you think about business agility, especially when software and analytics are to be applied, one of the last areas you’d probably think to focus on is contract management. Although today’s contracts are more electronic and automated than their paper-based predecessors, they are still managed as a relatively static component of the end-to-end P2P process.

The False Dogma of the Two-System Paradigm

There are a few things that procurement professionals know without hesitation: Savings are an unavoidable measure of our performance Suppliers are key contributors to sustained competitive advantage The system requirements of procurement technology ‘power users’ are at odds with the needs and preferences of everyone else in the organization

Popular Posts