Procurement Insights

JANUARY 3, 2025

Starting with the CFO, then the CIO, CEO, and The Board, here is the outline of changes in how top executives view procurement going forward in 2025. It made me wonder if and how the C-Suite view of procurement has evolved over the past 14 years. Analytics and insights from procurement data were minimal.

Agile and Lean Supply Chain 52

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

Procurement Insights

MARCH 16, 2025

While they are distinct concepts, they complement each other in AI-driven procurement, strategic sourcing, and market intelligence. ABM helps simulate real-world procurement interactions , leading to better strategic sourcing, risk mitigation, and negotiation tactics.

Supply Chain Optimization 52

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency Bidding 52

Procurement Insights

MARCH 17, 2025

Comparing ProPurchaser and nnamu , two ProcureTech solution providers, involves evaluating their offerings, approaches, and strengths based on available information as of March 17, 2025. Approach : AI-powered, combining game theory algorithms with market intelligence (post-2025 acquisition by Beroe) for autonomous decision-making.

Negotiation 52

Negotiation Procurement team Real-time Visibility Cost of ownership 52

Procurement Insights

DECEMBER 11, 2024

EDITOR’S NOTE: I am under embargo regarding the advanced copy I received from ZIP with their Procurement Predictions for 2025. This integration will streamline strategic sourcing, reducing cycle times and enhancing efficiency. So, I thought I would make a little prognostication myself. There is, however, a twist.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Sustainability 59

Procurement Insights

APRIL 2, 2025

emissions, diversity) across the lifecycle, ensuring 95%+ compliance with EPA and EU rules, critical for Chevrons 2025 goals. Limited in ESG or strategic sourcing but supports operational agility. ESG, trade laws), critical for Chevrons global operations under 2025 scrutiny. Cost Control: Streamlines indirect spend (e.g.,

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement solutions Supply Chain Efficiency Procurement 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. Why ERP Implementations Fail and will fail for Healthcare Supply Chains. Demand planning capabilities.

supply chain budgeting 221

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

Jaggaer

JULY 10, 2024

A major multi-billion euro player in the chemicals industry recently informed suppliers that they will not be included on the approved list from 2025 unless they share precise carbon footprint data about their products. This is precisely why JAGGAER partners with carbmee and directly integrates carbmee calculations into JAGGAER’s RFQ module.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Bidding 52

Procurement Insights

MARCH 23, 2025

Estimated Savings Breakdown Heres the percentage of the $75 million savings a cosmetics manufacturer could reasonably expect over 12 months in 2025: MRO (Maintenance, Repair, and Operations): 20% ($15 million) Spend Estimate: ~$440 million (20% of $2.2 Savings Potential: 5-10% via automation and strategic sourcing.

Supplier consolidation 52

Supplier consolidation Supply Chain Optimization Logistics Strategic sourcing 52

Procurement Insights

APRIL 1, 2025

AdaptOne for supplier onboarding, GEP for strategic sourcing) rather than purchasing a comprehensive S2P suite with unused features (e.g., For example, a firm needing only P2P can use Procurify ($24K/year) instead of Coupa ($500K+), avoiding irrelevant sourcing tools. ESG tracking, dynamic discounting).

e2e 52

e2e Real-time Visibility Sourcing Strategic sourcing 52

CPO Rising

JANUARY 8, 2025

Editors Note: Over the next few weeks on CPO Rising, were publishing some best of 2024 articles as we reflect on last year and begin tackling 2025. If you missed… The post Best of 2024: eSourcing 2.0: Making the Case in 2024 appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

Chief Procurement Officer 52

Chief Procurement Officer Supply management Procurement Management 52

Strategic Sourceror

JULY 7, 2022

According to ResearchandMarkets.com, the market for at-home delivery was around $25 billion in 2020, and is expected to skyrocket to $72 billion by 2025. The market boomed, and hasn't stopped booming as more consumers have caught on to the convenience of not having to go to the stores for their basic necessities.

Supply Chain Efficiency 84

Supply Chain Efficiency Strategic sourcing Strategic sourcing Procurement 84

Jaggaer

MARCH 6, 2025

RESEARCH TRIANGLE, NC, March 6th, 2025 JAGGAER, the global leader in Autonomous Commerce, today announced it has achieved SOC 2 Type II certification for its Advanced Sourcing Optimizer (ASO) solution and ISO 27017 certification across its comprehensive suite of SaaS solutions.

Sourcing 52

Sourcing Supplier negotiation Strategic sourcing Strategic sourcing 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

Consider these courses and resources from NLPA: Data Analytics for Procurement Professionals Microsoft Excel for Purchasing Professionals Excel Basics for Buyers Strategic Sourcing Optimization: Justification : Applying strategic sourcing principles, including category management, supplier segmentation, and Total Cost of Ownership (TCO) analysis, optimizes (..)

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Planergy

MARCH 24, 2025

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. How to report and analyze indirect spend to identify savings opportunities.

Sustainability 52

Sustainability Real-time Visibility Spend management Innovation 52

Strategic Sourceror

OCTOBER 27, 2022

A Blog for Procurement, Supply Chain and Purchasing Professionals, sponsored by Corcentric , a leading Procurement Service Provider, specializing in Strategic Sourcing, Procurement Resources and Procurement Advisory. Brought to you by the StrategicSourceror.

Purchasing 57

Purchasing Strategic sourcing Strategic sourcing Supply chain 57

Strategic Sourceror

JULY 28, 2022

billion between 2022 and 2025, with 55% of demand coming from Europe. A Blog for Procurement, Supply Chain and Purchasing Professionals, sponsored by Corcentric , a leading Procurement Service Provider, specializing in Strategic Sourcing, Procurement Resources and Procurement Advisory. Brought to you by the StrategicSourceror.

Supply chain 57

Supply chain Supply Inventory Strategic sourcing 57

Jaggaer

OCTOBER 17, 2024

“The appointment is ideally timed as the public sector tries to successfully balance constrained budgets, delivery of key services public and the opportunities provided by the introduction of the new UK Procurement Bill in February 2025, opening up to more small businesses and social enterprises.

Leadership 52

Leadership Budget Supplier relationship management Collaboration 52

Procurement Insights

OCTOBER 8, 2024

.” – Albert Einstein It started as a simple exercise: ask ChatGPT, “What are the Top 3 concerns for Chief Procurement Officers in 2025?” Taking it a step further, the following is a chronological summary covering 10 specific date points between 1959 and 2025 where I posed the same question.

Chief Procurement Officer 52

Chief Procurement Officer Supply Chain Efficiency Procurement Supply Chain Optimization 52

Strategic Sourceror

MAY 22, 2022

Launched earlier this year, the Creators Wanted initiative spearheaded by the Manufacturing Institute and NAM seeks to recruit 600,000 new workers by 2025, increase student enrollments in technical and vocational programs by 25% and improve the perception of the industry among parents as a whole. Brought to you by the StrategicSourceror.

Raw materials 52

Raw materials Supply chain Strategic sourcing Strategic sourcing 52

Planergy

MARCH 10, 2025

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. How to report and analyze indirect spend to identify savings opportunities.

Data 52

Data Management Budget Real-time Visibility 52

Arkestro

AUGUST 22, 2023

Over half of supply chain managers surveyed by CNBC said they don’t expect supply chains to recover until 2024 or later, and 29% said it wouldn’t return to normal until 2025 or never. Communications are way faster and easier, and because we now have so much extra time, we can focus on building more valuable strategic relationships.”

Food and Beverage Supply Chain 52

Food and Beverage Supply Chain supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 52

Procurement Insights

SEPTEMBER 11, 2024

” You must read through the entire raw and unedited discussion stream because within its dialogue is the explanation regarding what will happen in 2025, e.g., the GenAI Bubble Burst. This is an essential read for practitioners. M&A Mania is Coming Again … but will it be the same as last time?

Influencing 52

Influencing Procurement team Agile and Lean Supply Chain Procurement 52

Planergy

MARCH 20, 2025

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend.

Sustainability 52

Sustainability Strategy Spend management Budget 52

Arkestro

MARCH 28, 2025

This webinar will highlight key supply categories (MRO, Capital, Bill of Materials, and Logistics) and how predictive technology optimizes Spot Buy, Strategic Sourcing, and Category Management. The solution? Key Takeaways: How Predictive Procurement supports Enterprise Tariff Strategy How top teams achieve 18.8%

Strategy 52

Strategy Bill of materials Supplier negotiation Procurement 52

Procurement Insights

JANUARY 19, 2025

.” Ask Chat GPT 4 simple questions, and then tell me why maps and quadrants and solution provider logos matter: What were the top 10 procuretech solutions in 1995, 2005, 2015, and 2025? Manugistics : Focused on supply chain and logistics, Manugistics provided procurement tools to enhance sourcing and supplier management.

supply chain software solutions 52

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

Procurement Insights

JANUARY 8, 2025

Considering the above, the following high-level comparison between ConvergentIS and SAP Ariba demonstrates how the agent-based model will be the dominant force that drives procurement and supply chain automation in 2025 and beyond. Key Products: Ariba Network, Spend Analysis, Strategic Sourcing Suite, and Contract Management.

supply chain budgeting 52

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

Arkestro

JANUARY 15, 2025

View our results time to complete sourcing projects reduction in sourcing time for 75% of customers Arkestro redefines procurement by making it predictive, proactive, and results-driven. This is the future of procurementand its happening today with Arkestro.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Procurement team Sourcing 52

Jaggaer

JANUARY 23, 2025

Leading automotive manufacturers such as Volkswagen and Mercedes Benz are planning to lay off tens of thousands of employees in 2025 in response to falling demand worldwide and Chinese competition. We will not know for sure what the prospects are even for the short term until well into the first quarter of 2025. A lot of time.

Export 52

Export Supply Chain Efficiency Raw materials supply chain budgeting 52