Spend Matters

DECEMBER 28, 2023

Geopolitics becomes a procurement issue Supply chain resilience will assume new meaning, with geopolitical tension presenting a complex puzzle for any global business. Chief Procurement Officers will come under mounting pressure to accelerate supply chain reconfiguration efforts started during the pandemic.

Procurement solutions 56

Procurement solutions Procurement Chief Procurement Officer Procurement team 56

HICX

JUNE 25, 2024

With supply chain resilience so critical to business success in today’s economy, it’s time this figure drops.” “Presently, 59% of suppliers struggle to do their best for major customers, compared with 61% in our previous study. This very minor improvement is concerning.

Suppliers 52

Suppliers Supply chain resilience Supply chain Import 52

Finale Inventory

AUGUST 28, 2024

Running a small business comes with its fair share of challenges, and 2024 has been no exception. This year, supply chain disruptions have posed significant obstacles for small business owners. Two main factors have played a major role in disrupting supply chains worldwide: global events and the pandemic.

Agile and Lean Supply Chain 52

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

Procurement Insights

JANUARY 3, 2025

2011 eWorld Video THE EVOLUTION OF THE CFO VIEW Between 2011 and 2024 , CFOs’ views of procurement have evolved significantly, reflecting changes in the business environment, technology, and organizational priorities. CFOs began to see procurement as critical to business continuity and organizational agility.

Agile and Lean Supply Chain 52

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

SCMDOJO

JANUARY 9, 2025

According to a McKinsey report, firms that develop strong supplier partnerships are 35% less likely to experience significant supply disruptions. Improving Cost and Quality Every decision in strategic sourcing impacts the total cost of ownership, the quality of goods or services, and supply chain resilience.

Strategic sourcing 77

Strategic sourcing Strategic sourcing Sourcing Procurement 77

Procurement Insights

DECEMBER 3, 2024

C-suite executives are navigating a complex landscape of challenges in 2024. 2024 ) 30 What is the role of the new Agent-Based AI Operating Systems STAKEHOLDER (AGENT) 1 What are the top five concerns for Chief Procurement Officers? STAKEHOLDER (AGENT) 2 What are the top five concerns for C-Suite executives?

Chief Procurement Officer 58

Chief Procurement Officer Supply Chain Efficiency Influencing Supply chain resilience 58

HICX

JUNE 26, 2024

(London, 27 June 2024) HICX is announcing its Voice of the Supplier Survey 2024. With supply chain resilience so critical to business success in today’s economy, it’s time this figure drops,” he explains. Keen to learn the state of affairs today, the Supplier Experience vendor set out to repeat the study.

Suppliers 52

Suppliers Supply chain resilience Collaboration Import 52

Arkestro

DECEMBER 26, 2024

According to Gartner , 50% of large global companies are expected to implement AI and advanced analytics in their supply chains in 2025. increase from 2024. Additionally, in 2025, global spending on digital transformation tools is projected to total $5.74 trillion , a 9.3% Subscribe to news from Arkestro.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Supply Chain Game Changer

OCTOBER 8, 2020

Here are some interesting predictions from a reputable international research firm, IDC, which highlight key areas of technological applications regarding the impending digital revolution of the international supply chain. Digital Supply Chain Predictions.

Supply Chain Efficiency 74

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 74

TYA Suite

JULY 17, 2024

This blog explores the integration of both approaches to build an effective procurement strategy for 2024. Collaborating closely with key suppliers fosters innovation, reduces lead times, and enhances supply chain resilience. : Objectives should be specific, measurable, achievable, relevant, and time-bound (SMART).

Procurement strategies 40

Procurement strategies Strategy Supply Chain Efficiency Procurement 40

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

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. Why Do We Need Supply Chain Visibility? Yemen Houthis are still causing havoc in the Red Sea. The lesson?

Agile and Lean Supply Chain 52

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

Procurement Insights

MAY 25, 2024

” – Mintec, February 6th, 2024 What was your initial takeaway from reading the above Mintec comment about AI and its platform? True supply chain resilience and adaptability are all about access to timely and contextual data. We’re using AI to help power fundamentally new solutions.”

Sustainability 40

Sustainability Supply chain resilience Supply Chain Efficiency Data 40

NLPA (Next Level Purchasing Association)

NOVEMBER 22, 2024

With the right tools and a solid plan, you can build a supply chain that doesn’t just survive disruptions—it thrives in spite of them. Why Supply Chain Disruptions Are Everyone’s Problem Picture this: Hurricane Helene slams into North Carolina in September 2024. Let’s dive into how. hospitals, is underwater.

Supply chain 52

Supply chain Real-time Visibility Supply Risk 52

EazyStock

APRIL 18, 2023

in 2024, these figures are still above pre-pandemic levels. Understand the resilience of your supply chain Supply chain resilience means managing day-to-day risk and having systems and processes to adapt to disruption in the supply chain. in 2023 and 4.3%

Supply Chain Optimization 52

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

SCMDOJO

JULY 7, 2023

Encourage transparency, long-term partnerships, and joint problem-solving to enhance supply chain resilience and secure a reliable component supply. Flexibility and Scalability: Design supply chains that are flexible and scalable to adapt to changing market dynamics and demand fluctuations.

Supply Chain Efficiency 105

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 105

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. This digital shift is a key focus in the year’s supply chain trends.

Agile and Lean Supply Chain 52

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