Procurement thinks that the accounts payable team ‘just’ pays suppliers. Accounts payable teams think that procurement ‘just’ finds suppliers and negotiates contracts. In reality, both teams do quite a bit more - and the better they understand each other’s priorities, contributions, and challenges, the more they can do for each other and for the business. […]
Although AI is not new, applications of it are constantly evolving. This is especially true of generative AI. The low barrier to use encourages innovation and experimentation, and people are learning to use it personally and professionally. Over time, it is likely to become so pervasive that anyone who does not develop a basic understanding […]
Procurement leaders are calling for a paradigm shift to transform procurement from a cost center to a profit center that delivers value to the business.
Procurement professionals need to have excellent soft skills, especially when they are working across geographies and cultures. A simple gesture like a handshake is expected in one culture, and may offend in another. Knowing the difference and being able to read the room are essential. In this episode of The Sourcing Hero podcast, Host Kelly […]
