Apple cut 14 suppliers last year that did not meet its responsible sourcing standards, according to a Conflict Minerals Report filed with the Securities and Exchange Commission. buff.ly/4daj9ch
Retailers are canceling orders and pushing their suppliers to cut prices as supply chains reset for a postpandemic era. “The bargaining power is shifting.”
wsj.com/articles/supplier-bu… via @WSJ
Experts estimate that it costs an average of $11 and takes eight days to process every invoice. This can also become a major source of friction with suppliers when processing delays translate into late payments. See more: hub.tradeshift.com/accounts-…
There are some major changes happening in the way big shippers are engaging with carriers. Here’s an interview I gave to Global Trade magazine on the emerging importance of AI and sourcing bots for international freight movements.
The world for Pactum had changed this morning. We launched a new Negotiation as a Service (NaaS) offering, simplifying Pactum's rollout to more Fortune Global 2000 enterprises. We have a new investor, @atomico who led our A round of $11MM. fortune.com/2021/04/27/a-i-s…
As Adam Brown told us: "Things are changing rapidly with the advances in #AI, robotics, and #machinelearning. The future is coming to us so rapidly. We can’t just go to the next step, we need to go to the step beyond, and the one beyond that." @bt_uk#procurement#podcast
Check out this @aopshow podcast with Adam Brown from @bt_uk speaking about #spend intelligence, cross functional collaboration, technology integration, and the measurable impact procurement can have on #shareholder value.
artofprocurement.com/episode…