August 25, 2023 | Accounts Payable
The digital age is reshaping the way companies conduct business, and France is no exception.
With the voting of the amending finance law (LFR) for 2022, France is moving towards the adoption of electronic invoicing. The e-invoicing mandate will be introduced in a three-phased approach over the coming three years. It will initially mean that selected large businesses in 2024 will be required to issue invoices in adherence with the law with an eventual roll-out to smaller businesses by 2026.
August 11, 2023 | Supply Chain Software
Defined by constantly changing market demands and relentless competition, businesses are compelled to explore innovative avenues to enhance operational efficiency and cut costs. One such avenue that holds immense potential is warehouse automation. The ability to automate critical supply chain processes has the potential to reshape logistics and distribution strategies, but it necessitates a granular analysis of the return on investment (ROI).
May 31, 2023 | Supply Chain Software
Mergers and acquisitions (M&A) offer companies an opportunity for growth and expansion. However, to make the most of these deals, enterprises should maximize the potential of success with strategic integration.
While an accurate estimation of synergy valuation and due diligence can prevent many problems for M&A transactions, the integration after the deal is equally important for success.
Integrating the critical functions and processes of two separate businesses is a complicated task that requires meticulous planning even before the deal closes.
GEP’s vice president of consulting John Piatek talks with Jack Otter, global head of wealth and asset management for Barron’s Group, about the headwinds for supply chains in 2022 and why enterprises need to be rethinking regionalization, sustainability and digital transformation.
In 2021, supply chain and procurement leaders were faced with supply chain disruptions, labor shortages and geopolitical barriers. If these challenges taught us anything, it’s that the rules of the game have changed in fundamental ways.
Facing this shift, supply chain and procurement leaders need to know how to navigate the changing landscape and rethink their approach to thrive and stay ahead of the competition.
How to leverage sourcing fundamentals for a first step in a supply chain transformation in the chemical industry
February 05, 2021 | Procurement Software
The year 2020 changed how enterprises view procurement and supply chain management, perhaps forever. Accelerated digital transformation and adoption of latest technology and data analytics in procurement became top priority as enterprises looked for ways to survive and thrive in a post-pandemic world.
In 2021 too, the priorities are expected to remain the same: make procurement agile and future-proof through cutting-edge software solutions. Here are some technology trends likely to influence the choice of procurement software platforms in 2021 and beyond:
January 27, 2021 | Supply Chain Software
When you think of a dashboard, you might think of the one in your car. It’s great at giving you a quick glance at important information about where you’re going, how fast you’re getting there, and how the internal systems are running. Useful, but ultimately limited information.
January 15, 2021 | Supply Chain Software
When governments shut down their economies this past spring to contain COVID-19, the resulting stress on supply chains lead ultimately to shortages for consumers and high levels of volatility and uncertainty for companies. With the pandemic still wreaking havoc on the global economy, how to build supply chain resilience is a hot topic for multinational companies.
January 07, 2021 | Supply Chain Software
The past year compelled businesses to rethink their sourcing strategies as the COVID-19 crisis exposed the cracks in global supply chains. Amid supply chain disruptions, businesses have had to reassess inventory needs and management. Now, with a view to future-proof their operations, they seek ways to build an agile and resilient supply network.
