Explore our latest webinar on Responsible AI supply chain adoption, review benchmarks on COIs, access past webinar recordings, and get involved in ongoing research on the impacts of ESG and emerging regulations

Across the manufacturing and service sectors, the largest percentage of companies, 32%, use 30-day payment terms. Meanwhile, 29% use 45-day terms, 26% use 60-day terms, 7% use 90-day terms, and only 6% report using 75- or 120-day terms. Understanding common payment terms is important for procurement professionals to align with industry standards, negotiate effectively, and manage cash flow. 

Read about a new framework for successful mergers & acquisitions in supply chain, new metrics on SCM roles across organizations, and participate in new research about scope 3 emissions and ESG. Find articles on emerging supply chain hubs, and an AI bot being assigned to a procurement role also included.