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March 27, 2024
Spend Matters is gauging the level of interest in, and infiltration of, AI and GenAI in the practical lives of the procurement function today with some real-life use cases and opinions from senior procurement and supply chain practitioners. Not only will this steer our research in more industry-relevant ways but will bring genuine first-hand insights to like-minded procurement professionals. We spoke recently with David Schultz, VP, Chief Supply Chain Executive at Westfall Technik Inc.
February 16, 2024
"Officers arrived on scene and confirmed that the items did appear to be live explosive devices and the apartment building was evacuated," Portage police said.
February 15, 2024
They convinced numerous patients to pay cash for their dental services in exchange for a discount, ISP said.
February 15, 2024
Harminder Sing-Heera, 23, of Winfield, was charged with three counts of possession of child pornography.
February 14, 2024
A 72-year-old woman was robbed in the Jewel parking lot on Sunday afternoon while placing groceries into her vehicle, Munster police said.
February 13, 2024
Winfield police and the Lake County prosecutors office declined to comment on why the trial was continued.
February 13, 2024
Trey Kelly, 30, was charged Thursday with aggravated battery, criminal recklessness and two battery charges, for injuring a man during a fight.
January 23, 2024
AI existed for a long time before generative AI (GenAI) emerged. It enabled organizations to tackle more complex scenarios, and its current use cases are making processes much more impactful while augmenting human knowledge and capability. It basically multiplies efficiency through higher process automation. The traditional use cases of AI in procurement include: automated sourcing events for non-strategic, lower-risk events, including suggestion of award scenarios and choice of supplier; optimi...
November 20, 2023
The term ‘ESG’ can mean a lot of things to different stakeholders such as regulators, customers, investors, employees and functional leaders - including procurement. ‘Environment,’ ‘society’ and ‘governance’ can be such broad, overwhelming concepts that the details of what each goal means in terms of an organization’s strategy and process can get lost in translation. There’s an additional challenge for procurement organizations that seek to extend these varying ESG objectives...
November 2, 2023
SAP held its annual Spend Connect conference (previously known as SAP Ariba Live) in Vienna, Austria from October 9 to 11, where they graciously hosted the Spend Matters team to get the latest on product announcements and catch up with clients and SAP executives (you can catch the “best of” follow-up here). The event illuminated both the firm’s strategic intents and tactical efforts (e.g., GenAI). We’ll cover the announcements made at the event and publish some follow-on insights to addr...