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Get the latest updates from the Supplier Management industry with our collection of thought leadership articles, white papers, podcasts, webinars & more. HICX Solutions helps companies reduce costs by providing process design advisory, solutions, and outsourcing services.
HICX.com
1w ago
Demystifying the Technology Landscape
During this year’s Supplier Experience Live event’s panel discussion, moderated by Lance Younger, CEO at ProcureTech, Duncan Jones, former Vice President and Principal Analyst at Forrester Research, Marc Bengio, Sr. Director and Head of Technology Enterprise Procurement at J&J, and Jacy Basset, VP of Solution Assurance and Enablement at HICX came together for a deep dive discussion into the real mechanics of how we start to architect our technology landscape for the procurement function of tomorrow.
In this article, we cover the main areas of dis ..read more
HICX.com
2w ago
Supplier Experience Live 2023
Just as digitalization and automation have reshaped the customer marketing experience over the last decade or more, and just as we’re seeing the growth of employee marketing to attract and retain the best talent, so too should we expect supplier marketing to take hold on the buyer side of the equation in enterprises.
During this year’s Supplier Experience Live Conference, Anthony Payne, CMO at HICX, unravels what this means for both enterprises and their suppliers – and what opportunities it already presents.
The article will cover:
What is the ..read more
HICX.com
2w ago
Supplier Experience Live 2023
During this year’s Supplier Experience Live Conference, Duncan Jones former Vice President and Principal Analyst at Forrester Research, delivered a session on ‘How to choose supplier value management (SVM) software.’
The article will cover:
Why modern AI-powered software should replace IT’s failed database-centric approach
How to choose the best supplier value management (SVM) software for your organization
5 key reasons for buying specialist solutions instead of building your own
How to use AI to improve suppliers’ approval exper ..read more
HICX.com
3w ago
By Costas Xyloyiannis, CEO of HICX
Despite best efforts, Finance leaders struggle to allay the tactics of criminals posing as suppliers. Fraudsters would be easier to deter if Finance had a steady source of accurate supplier information. In practice, though this information is notoriously inaccurate.
The department responsible for managing supplier information, Procurement, works closely with Finance. Yet, the situation has persisted for years. Why? Addressing it is a mammoth task that neither team is rushing to tackle.
Meanwhile, businesses are losing money. It’s time, therefore, to enable su ..read more
HICX.com
3w ago
Costas Xyloyiannis, CEO at HICX, tells Supply Chain Digital how data and supplier-centricity can act as a foundation for digital transformation in business
Supplier fraud has risen sharply in recent years, with very few companies able to say they haven’t experienced some kind of vendor, supplier or procurement fraud.
In truth, this can often put down to faulty supplier information, a problem HICX—a leading supplier experience management solution—has been combatting over the past 12 years.
Costas Xyloyiannis, the firm’s Co-Founder and CEO, established HICX in a bid to address th ..read more
HICX.com
3w ago
By Anthony Payne, CMO for HICX
The new year is a good time to reflect on the environment and what can be done to manage climate change. The key action, reducing carbon emissions, has been adopted by major manufacturing brands, and each year their deadlines — like halving emissions by 2030 to reach net zero by 2050 — edge closer.
Manufacturing brands are nevertheless making slow progress. One challenge stalling their ability to cut carbon emissions is a lack of data, with supplier information notoriously hard to obtain. Solving this problem is a top priority.
Forcing suppliers to give up ..read more
HICX.com
3w ago
Costas Xyloyiannis, CEO of HICX, discusses why it’s time for leaders to take a fresh view of the data problem, and plan to reduce emissions.
The start of the year is a good time for business leaders to consider their progress against net zero commitments. It also nudges us nearer to carbon-cutting milestones, the nearest of which is in 2030. By this time, businesses across the globe need to have halved their carbon emissions. So, if they haven’t already, now is the time to step up delivery.
But first, there’s a barrier to overcome. Behind every credible net zero win, is credible carbon data. T ..read more
HICX.com
3w ago
By Costas Xyloyiannis, CEO of HICX
Growing brands have an opportunity to use their time out of the spotlight to become as robust in handling ESG risk as possible.
After COP28, social and environmental governance (ESG) remains a central issue, and big brands remain in the spotlight as they solve how to credibly deliver net-zero targets. Receiving less attention, meanwhile, are fast-growing brands.
They should use this time away from the spotlight to prioritise ESG, which will support net zero efforts and at the same time drive business success. As brands grow, so do their supply chains and risk ..read more
HICX.com
3w ago
By Costas Xyloyiannis, CEO of HICX
Complex supply chains compromise supplier data and impact competitiveness. What are the solutions?
Read full article ..read more
HICX.com
1M ago
Supplier Experience Live 2023
At this year’s Supplier Experience Live Conference, Ruth Bromley, Director Procurement Enablement, Heineken shared her experience on recent digital transformation initiatives.
She started by introducing the unique complexity that a top global brewer experiences in the supply chain and gave insight into the journey they have therefore embarked on as an organization.
The ambition to be the world’s best-connected brewer
The central pillar of the digitalization strategy was aimed at being the best-connected brewer. As Ruth explains, this aspect, “was rea ..read more