Arkestro

DECEMBER 26, 2024

Resources / Blog / 5 Procurement Industry Trends to Watch in 2025 5 Procurement Industry Trends to Watch in 2025 In recent years, the procurement industry has undergone unprecedented transformations driven by the adoption of digital transformation, big data, and advanced technology like artificial intelligence (AI), machine learning, and automation.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

ivalua

FEBRUARY 25, 2021

According to Gartner, up to 67% of ERP implementations fail — and as more solutions migrate to the cloud, they predict the failure rate could climb to as much as 90% by 2025. Demand planning capabilities. Demand planning is the ability to create forecasts that predict the future need for your products.

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

SCMDOJO

JUNE 21, 2023

These include bulk-break purchasing, facilitating connections with reliable clients, and renegotiating with existing suppliers to reduce procurement costs. Supply Chain Planning as a Service has emerged as a game-changer, enabling companies to efficiently outsource non-core activities. Why outsource Demand Planning?

Supply Chain Optimization 105

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 105

Supply Chain Trend

AUGUST 13, 2020

Robotic process automation (RPA) has also entered the back-office, supporting administrative functions like purchase order acceptance and invoice matching. The supply planning processes is already being driven automatically by the demand plan and inputs set for levels of safety stocks, lead time, and batch order sizes.

supply chain software solutions 147

supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147

Supply Chain Trend

OCTOBER 29, 2021

Many of today’s IBP processes are still rooted in this prior generation of planning concepts, reflecting a notable absence of progress, especially considering that supply-chain executives expect to see autonomous supply chains by 2025 (Steinberg, 2019). IBP Segmentation by Planning Horizon, Automation.

Supply Chain Optimization 78

Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 78