Spend Matters

DECEMBER 21, 2023

Procurement needs to think AI-first in 2024 and beyond The generative AI wave of 2023 truly brought us into the AI economy, with companies realizing how advances in AI have the potential to transform key processes and workflows that underpin how they operate and generate value.

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Spend Matters

MARCH 6, 2025

This trend is further supported by a survey revealing that 92% of CPOs are planning and assessing generative AI capabilities in 2024, according to Deloitte. Build resilience: In an era of supply chain disruptions, quick access to real-time data enables agile decision making.

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Spend Matters

OCTOBER 4, 2024

Finally, Zip also now supports cross-catalog purchasing, allowing users to search for and purchase items across multiple catalogs within the Zip user interface. The post Zip Forward 2024: Forging paths to sustainable success appeared first on Spend Matters. If you’d like more information on this, please contact us !

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NLPA (Next Level Purchasing Association)

DECEMBER 11, 2024

If theres one thing weve learned in 2024, its that effective procurement strategies can make all the difference in a teams success. Here are five procurement strategies from 2024 that will help you start the new year strong. Many teams found themselves bogged down by outdated processes in 2024.

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Jaggaer

OCTOBER 24, 2024

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.

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Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Pipefy

JANUARY 30, 2024

Because procure-to-pay teams lacking business agility, internal resources, or adequate tools are hungry for solutions that can help them streamline operations, increase strategic influence, gain spend control, innovate sourcing streams, improve efficiency, and increase time for more “high-value” work. billion by 2028.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Supply Chain Optimization 52

Pipefy

JANUARY 30, 2024

In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization. That’s where procurement, sourcing, and purchasing technology comes in. Learn about six solutions that can be applied in 2024, why you should apply them, and how to get started.

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Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

Finale Inventory

JULY 15, 2024

In this article, we will examine the concept, benefits, potential challenges, and future trends of JIT inventory in the context of ecommerce in 2024. These include: Tight Supply Chain Integration: Close collaboration and communication between suppliers, manufacturers, and retailers are essential for successful JIT inventory implementation.

Inventory 52

Inventory Agile and Lean Supply Chain Supply Chain Efficiency Real-time Visibility 52

Una

DECEMBER 11, 2023

Your 2024 Procurement Career Tune-Up As we leap into the shiny unknown of next year, let’s revamp your professional journey and and explore a procurement career tune-up. In fact, learning agility (a willingness and ability to learn new things) is fast becoming the number-one capability sought by employers.

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Procurement Agile and Lean Supply Chain Leadership Negotiation 52

Una

JUNE 5, 2024

Building Resilient Supply Chains To Weather Any Storm What does building a resilient supply chain entail? By Hugo Britt | June 6, 2024 Search Search There are choppy seas ahead. Imagine your supply chain as a sturdy ship navigating the choppy waters of the global marketplace. The lesson?

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Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Real-time Visibility 52

Una

APRIL 23, 2024

How Machine Learning is Transforming Supply Chain Management Machine learning applied to supply chain management allows businesses to enhance decision-making and streamline operations. Machine learning, a subset of AI, has emerged as a game-changer in the world of supply chain management.

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Supply chain management Supply chain management Supply Chain Optimization Supply Chain Efficiency 52

Pipefy

JANUARY 9, 2024

Smart procurement is the use of technology to improve efficiency and help build more agile procurement processes. While these tools can lighten workloads and improve agility and decision-making, they can’t operate without the input of humans. Making more agile and accurate business decisions. What is smart procurement?

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Agile and Lean Supply Chain Supply Chain Efficiency Procurement supply chain software solutions 52

Finale Inventory

JULY 18, 2024

This guide offers a comprehensive look at EDI and its impact on ecommerce in 2024. With EDI, businesses can transmit and receive electronic documents such as purchase orders, invoices, and shipping notices. This can lead to increased customer satisfaction and repeat purchases.

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Data Real-time Visibility Supply Chain Efficiency supply chain software solutions 52

Jaggaer

OCTOBER 3, 2024

Ensure supply continuity This was number 1 on the 2023 list of priorities. We’ve also seen disruptions to supply with shipping being targeted in the Red Sea. First, organizations need to get full supply chain visibility. What is the probability of a supply chain disruption?

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Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Contract 52

Procurement Insights

APRIL 4, 2025

Paul Nilsen, Purchasing Manager Willis North America (New York, NY) My Response In Part 4 of my Changing Face of Procurement Conference Series titled Winning Strategies for Vendor Engagement, I briefly discuss an M&A case reference involving organizations within the confection or candy industry.

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Procurement Heads

JUNE 14, 2023

If you know the regulations well and you can think strategically, you can still be agile, innovative and drive value for money. I also brought in some new people into my national team and changed the culture to be more agile and service-orientated. This took time and required a company-wide change.

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Finale Inventory

JULY 17, 2024

This article covers the importance of retail KPIs, breaks down the main metrics to track, discusses the future of KPIs in 2024, and provides insights into implementing and optimizing KPI tracking in the ecommerce sector. Repeat purchase rate, on the other hand, helps gauge customer loyalty and the success of retention initiatives.

Inventory 52

Inventory Supply Chain Optimization Supply Chain Efficiency Strategic planning 52

Pipefy

JANUARY 9, 2023

Supply chain risks heightened by geopolitical conflict. A recent survey of procurement and supply chain leaders found that 32% of procurement teams admitted to cutting corners with their sourcing criteria and suppliers to secure supply. Complex purchasing systems (31%). Uncertain global markets.

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Agile and Lean Supply Chain Procurement Procurement team Supply Chain Efficiency 59

Finale Inventory

FEBRUARY 27, 2024

It’s also a cushion against supply chain disruptions, which is why many retailers bumped up inventory after the shakeup in global supply and demand caused by the pandemic. External factors such as inflation or supply chain delays aren’t the only reason you need a flexible outlook.

Inventory 52

Inventory Management Real-time Visibility e2e 52

TYA Suite

JULY 17, 2024

This blog explores the integration of both approaches to build an effective procurement strategy for 2024. Relies on manual processes for sourcing, negotiation, and Focuses on cost reduction through competitive bidding and bulk purchasing. Limited use of technology and digital tools in procurement operations.

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Procurement strategies Strategy Supply Chain Efficiency Procurement 40

Arkestro

AUGUST 29, 2024

In this article, we’ll discuss the modern definition of high-tech manufacturing and share key challenges the industry faces in 2024. Here are some of the top challenges of high-tech manufacturing in 2024. Managing these supplies can be time-consuming and complex, leading to inefficiencies and higher administrative costs.

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Procurement Procurement team Agile and Lean Supply Chain Supply Chain Efficiency 52

Pipefy

DECEMBER 20, 2023

The result is greater supply chain predictability, more accurate decision-making, and better business agility. Whether the purpose is savings or forecasting, strategic procurement involves three key business principles at its core for better decision-making and procurement maturity: predictability, agility, and precision.

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Supply Chain Efficiency Procurement Agile and Lean Supply Chain Strategic planning 52

Jaggaer

SEPTEMBER 12, 2024

Talent is not just expected to meet traditional supply chain objectives such as low cost and on-time delivery but also entirely new objectives and metrics such as addressing ESG, building resilience, avoiding disruptions, achieving compliance with new regulatory frameworks, and even more specific to the industry or the company.

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Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply chain management 52

Supply Chain Game Changer

NOVEMBER 23, 2018

Growing global complexity in supply chain management has forced organizations to look towards technology as their silver bullet; serving as the missing link between people (supply chain actors) and the ability to collaborate at scale. Check out What Exactly is Blockchain? And How Does it Work? Infographic).

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Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 50

Finale Inventory

JULY 11, 2024

Technology plays a vital role in 2024’s business landscape, and one key aspect is the use of information systems. Information systems automate tasks, optimize inventory management, and streamline supply chain processes, improving efficiency and delivering exceptional customer experiences.

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IBM Supply Chain Blog

FEBRUARY 6, 2024

Ease of set up: Quickly spin up new servers or other resources without purchasing hardware or configuring physical infrastructure. According to a Gartner survey (link resides outside ibm.com), 75% of the world’s population will have personal data covered under modern privacy regulations by 2024. What is a private cloud?

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e2e Data Networking Management 98

Jaggaer

SEPTEMBER 22, 2024

Balancing Cost, Resiliency, and Sustainability in Procurement: Insights from Georg Roesch Procurement professionals across industries and markets are struggling to keep their supply chains agile in a world of constant disruptions. Georg Well, I would say realities have changed and we can all see this now, right.

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Sustainability Procurement supply chain software solutions Agile and Lean Supply Chain 52

Una

FEBRUARY 5, 2024

By Hugo Britt | February 6, 2024 Search Search Supplier diversity and supplier diversification are such similar terms that it’s tempting to use them interchangeably, but they have very different meanings. Here’s a hint: one is mainly about boosting CSR, while the other is about reducing the risk of supply chain disruption.

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Suppliers Agile and Lean Supply Chain Supply chain Quality 52

Pipefy

DECEMBER 18, 2023

In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization. Here are our five trends and predictions driving procurement in 2024. A lack of agility or flexibility with existing tools was also listed.

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Procurement Agile and Lean Supply Chain Procurement team supply chain budgeting 52

Pipefy

JULY 29, 2024

Intelligent document processing (IDP) culls information from an ocean of unstructured material, such as lists, ledgers, purchase orders, handwritten notes, invoices, and other forms. Agility is key to any company’s long-term success. It can chart customer demand, preferences, and purchasing habits.

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Data Supply Chain Optimization Supply Chain Efficiency Risk 52

Procurement Insights

FEBRUARY 26, 2025

Hansens concept of “Velocity Procurement” is a modern evolution of his earlier work in supply chain and procurement optimization, reflecting his decades of experience streamlining processes for organizations like the Canadian Department of National Defence and the New York City Transit Authority. success.

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Spend Matters

MARCH 13, 2025

Ivalua NOW EMEA 2025 took place earlier this week, March 11-12, at the Carrousel du Louvre in Paris, bringing together procurement, supply chain and finance professionals under the theme Innovate to Elevate. The agenda reflected the evolving priorities in procurement and supply chain management. 180 million in 2023 ).

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Procurement Insights

FEBRUARY 26, 2025

This was noted in a 2024 article reflecting on procurement innovations, suggesting Hansen’s work laid an early foundation for leveraging data connectivity in procurement, even if the term itself didnt become a widely adopted standard. Supply Chain Optimization Lets dive into supply chain optimization in the context of Jon W.

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Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 40

NLPA (Next Level Purchasing Association)

NOVEMBER 26, 2024

The supply chain trends of 2024 have reshaped how businesses navigate challenges and embrace opportunities. As we wrap up the year, it’s clear the supply chain world isn’t slowing down. These supply chain trends will continue to evolve as geopolitical uncertainties persist into 2025.

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