SCMDOJO

APRIL 24, 2024

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. Suppose you stay ahead of trends like AI optimization, blockchain transparency, and sustainable practices. Let’s see the most common trends in 2024.

Supply Chain Efficiency 90

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain budgeting 90

Spend Matters

JANUARY 29, 2024

In no order of preference, today let’s hear from Justin Dillon, CEO of supply chain risk management solution provider, FRDM , one of Spend Matters 50 Procurement Providers to Watch. For over ten years countries have quietly passed supply chain regulations prohibiting forced and child labor.

Procurement solutions 111

Procurement solutions Supply Chain Efficiency Procurement Supply chain 111

Spend Matters

JANUARY 11, 2024

Procurement will step into the center of risk management As the risk landscape continues to change at an alarming rate, organizations can no longer afford to look at risk one dimensionally. At one time, this was acceptable; a financial profile or sanctions report was enough for an onboarding risk analysis.

Procurement solutions 102

Procurement solutions Procurement Risk management Procurement team 102

Arkestro

DECEMBER 26, 2024

While these advancements have led to improved efficiency, cost savings, and enhanced strategies, theyve also made procurement processes more complex than ever before. Here are five key trends that will shape procurement and supply chain management in the coming year. increase from 2024. trillion , a 9.3%

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Spend Matters

MARCH 11, 2025

While the imposition of import/export tariffs on goods is nothing new, the recent spate of quid pro quo mandates is increasing complexity and uncertainty for organizations trying to navigate their impact on supply chains. This consolidation aimed to make supply chains more resilient.

Supply Chain Optimization 79

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 79

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.

Procurement solutions 110

Procurement solutions Procurement e2e Real-time Visibility 110

Jaggaer

FEBRUARY 28, 2025

The most recent Hackett Group Report highlights key priorities reshaping procurement in 2025, including technology adoption, the rise of Generative AI, and managing emerging risks. Shielding Your Supply Chain: Ensuring Continuity in a Volatile World Supply chain disruptions have become the new normal.

Agile and Lean Supply Chain 52

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

Spend Matters

JANUARY 25, 2024

In 2024, business leaders will look beyond the industry buzz for solutions that deliver real-life, AI-based use cases. I believe that the scope of procurement will not contract back to a sole focus on supply stability and cost containment. Salvatore Lombardo , SVP, Chief Product Officer, SAP Ariba Procurement Solutions, SA.

Procurement solutions 101

Procurement solutions Procurement supply chain software solutions Supply Chain Efficiency 101

Spend Matters

JANUARY 16, 2024

Redefining procurement in 2024: A quest from cost savings to strategic value creation Today, procurement leaders find themselves at a crossroads, torn between the age-old pursuit of cost savings and the imperative to infuse strategic value into their organizations.

Procurement solutions 103

Procurement solutions Procurement Spend management Supply Chain Optimization 103

Spend Matters

NOVEMBER 14, 2024

The annual State of Flux global supplier relationship (SRM) management study made its appearance in London last week at the 2024 Supplier Management Summit in its 16th rendition, this time themed ‘Return on Relationships (RoR). Governance — Determining which suppliers bring the most value to the business and which to prioritize.

Suppliers 114

Suppliers Raw materials Collaboration Management 114

Spend Matters

JANUARY 8, 2024

In 2024, this will require continued transformation as businesses look to increase resilience, swift value delivery, combatting inflation and sustainable procurement practices. Resilience In light of increased geopolitical uncertainty and extreme weather events, the focus on strengthening supply chains against disruptions will remain.

Procurement solutions 101

Procurement solutions Supply Chain Optimization Procurement Supply Chain Efficiency 101

SCMDOJO

JANUARY 19, 2025

We conclude that different types of loans may help e-commerce supply chains. You benefit from them because your business receives help for managing peak seasons and overcoming competition for the top e-commerce positions. Source: [link] Well, it faces a few challenges: Management. in CAGR by 2030.

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 52

Jaggaer

MARCH 20, 2025

In such an unpredictable environment, procurement leaders are advised to take a risk-management approach, focusing on cost efficiency, contract flexibility, and strategic supplier relationships to ensure institutional resilience. These could be amended, scrapped or introduced by current and future administrations.

supply chain budgeting 52

supply chain budgeting Procurement Budget Supply Chain Efficiency 52

Procurement Insights

DECEMBER 6, 2024

NOTE: The “ Green Giant ” can story and The Four Cornerstones for Leveraging Cost Transparency model resonated most with me. ProPurchaser ** ProPurchaser** operates in the procurement intelligence and cost management sector, providing tools and data to assist supply chain professionals in negotiations.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions supply chain budgeting Supply Chain Optimization 52

Spend Matters

OCTOBER 4, 2024

TPRM is a huge opportunity right now, as document-centric approaches die when they reach the scale needed to perform supplier management (i.e., management of risk, compliance, performance, onboarding speed and supplier collaboration that respects/accommodiates supplier requirements) with fine-grained operating models.

Sustainability 112

Sustainability Spend management Real-time Visibility Supply Chain Optimization 112

Jaggaer

JANUARY 20, 2025

According to the data, a key trend in the Supply Chain Management Software market in Saudi Arabia is the increasing adoption of cloud-based solutions, which offer scalability, flexibility, and cost-effectiveness.

supply chain software solutions 52

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

IBM Supply Chain Blog

FEBRUARY 15, 2024

It refers to a set of metrics used to measure an organization’s environmental and social impact and has become increasingly important as it relates to a company’s business model, risk management strategy , reporting requirements and more. Consider investor expectations around net-zero targets.

Sustainability 78

Sustainability Supply Chain Efficiency Risk Data 78

Jaggaer

APRIL 3, 2025

A July 2024 Gartner survey also found that 72% of procurement leaders are focusing on incorporating generative AI, anticipating a shift towards strategic decision-making and innovation. We examined some of the huge challenges that procurement will face in adopting GenAI in the coming years, with a particular focus on talent management.

Procurement 52

Procurement Supply Chain Efficiency Contract Real-time Visibility 52

Procurement Insights

DECEMBER 30, 2023

These Next Gen Rebels are definitely not the spectator-kind, and here is what they had to say when I asked them the following three questions regarding 2024: Question #1 – What is procurement’s biggest strength? Question #3 – What are (or should be) procurement’s top 3 objectives for 2024?

Procurement 87

Procurement Supply Chain Efficiency Risk Innovation 87

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. Whether its about navigating complex supplier relationships, managing costs, or preparing for unpredictable challenges, procurement leaders have shown that adaptability and innovation are key.

Procurement strategies 52

Procurement strategies Agile and Lean Supply Chain Strategy Procurement 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.

Supply chain management 52

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

Procurement Insights

APRIL 3, 2025

Practical Insights Real-World Applications : Corporate success stories presented at DPW demonstrate how companies leverage digital procurement tools for efficiency, cost savings, and risk management. Risk of Hype Over Substance: The heavy focus on AI and emerging tech (e.g.,

Innovation 52

Innovation Real-time Visibility Sustainability Collaboration 52

Jaggaer

OCTOBER 3, 2024

However, it’s fair to say that procurement is really in the pressure cooker right now, with all kinds of new and conflicting demands such as ESG, diversity, compliance and risk management. Increasingly, artificial intelligence-driven solutions, such as JAGGAER’s Contracts AI, reduce effort and increase efficiency.

Supply Chain Optimization 52

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

Pipefy

JANUARY 9, 2024

Because of this complexity, it can also be prone to errors, risks, and costly inefficiencies. Smart procurement is the use of technology to improve efficiency and help build more agile procurement processes. The benefits include cost savings increase, better decision making and risk management. What is smart procurement?

Agile and Lean Supply Chain 52

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

Barkers Procurement

JANUARY 26, 2024

The Pressures That Procurement Faces In 2024. The increasing pressure from macroeconomic factors that include inflation, continued supply chain disruption, geopolitical tensions and ESG factors are primary areas of concern for the procurement professional. What are the events impacting the end-to-end supply chain ?

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Procurement e2e 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. Learn about six solutions that can be applied in 2024, why you should apply them, and how to get started. Compliance and risk management tools can solve these problems and more.

Agile and Lean Supply Chain 52

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

Barkers Procurement

JANUARY 26, 2024

The increasing pressure from macroeconomic factors that include inflation, continued supply chain disruption, geopolitical tensions and ESG factors are primary areas of concern for the procurement professional. McKinsey has reported that supply chain disruption is costing companies 0.47% on average each year.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Procurement e2e 52

Jaggaer

OCTOBER 10, 2024

As Hackett states, procurement wants a “seat at the table” and rightly so, as stakeholders seek procurement’s support on issues such as supply risk management, digital transformation and ESG objectives. According to Gartner, on average e-sourcing delivers a 14 percent saving on process efficiencies.

Agile and Lean Supply Chain 52

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

Agile and Lean Supply Chain 52

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

Procurement Insights

OCTOBER 8, 2024

Here are the top 3 concerns likely to dominate the agenda for CPOs in 2025: Supply Chain Resilience and Risk Management Sustainability and ESG Compliance Supply Chain Visibility Conclusion: CPOs in 2025 will need to navigate a complex, fast-changing landscape shaped by technology, sustainability, and global uncertainty.

Chief Procurement Officer 52

Chief Procurement Officer Supply Chain Efficiency Procurement Supply Chain Optimization 52

IBM Supply Chain Blog

JANUARY 16, 2024

The start of 2024 brings forth many questions as to what we can expect in the year ahead, especially in the financial services industry, where technological advances have skyrocketed and added complexities to an already turbulent landscape. An investment in the tools and infrastructure to combat such threats is likely to occur in 2024.

Sustainability 48

Sustainability Risk management Risk Management 48

Let's Talk Supply Chain

NOVEMBER 1, 2023

So, today in episode three, we are continuing that exploration by asking a big question: How should we approach and manage these risks, not just within the compliance landscape, but across every stage of the supply chain? You’ve got to have a risk management plan, but if you don’t test it, how do you know it works?”

e2e 52

e2e Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 52

IBM Supply Chain Blog

FEBRUARY 8, 2024

The European Parliament reached a provisional agreement on the EU AI Act in December 2023, it is now making its way through the final phases of the legislative process and is expected to rollout in stages in the second half of 2024. Higher risk tiers have more transparency requirements including model evaluation, documentation and reporting.

Risk management 72

Risk management Risk Data Quality management 72

Spend Matters

JANUARY 5, 2024

Gatekeeper combines contract lifecycle management with third-party risk management, two areas that are related but usually addressed with disparate software tools. It makes the invisible visible through discovery and continuously monitors key issues to supply chain risk.

e2e 103

e2e Procurement supply chain software solutions Contract 103

SupplyShift

FEBRUARY 24, 2023

Why is CSRD a big deal for supply chain sustainability? It broadens who must report, standardizes what they report, and expands the scope of reporting to include the full value chain. Key innovations of CSRD Value chain is at the core. Performance, not just reporting.

Supply Chain Efficiency 52

Supply Chain Efficiency Sustainability Supply chain Supply 52

Barkers Procurement

FEBRUARY 25, 2024

The right digital procurement technology can centralise spend data, identify trends and compliance to metrics, pinpoint opportunities, and simplify supply chain decisions as a result. Managing Risk Senior business managers and Procurement leads must both know their risks, and how they are protected against them.

Procurement 52

Procurement supply chain software solutions Contract supply chain budgeting 52

Jaggaer

OCTOBER 24, 2024

Supplier collaboration serves as the foundation for supply continuity, agility, risk management, and resilience when disruptions occur. 2: Invest in Relationship Management Supplier relationship management (SRM) can foster a culture of transparency between businesses and their suppliers.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Agile and Lean Supply Chain 52