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In readiness for our Q1 2025 theme of Procurement Transformation, which will include how to even start your digital journey, how to make the case for it, how to shape your digital roadmap and how to survive it, we have received input from some solution providers on their own customers journeys.
In a world where the digital realm continues to shape the future of industries, the supplychain landscape stands at the precipice of profound conversion. As we fast forward to the horizon of 2025, the Institute for SupplyManagement News ventures into the unknown, exploring the enigmatic path that lies ahead.
With the rapid advancements in technology and the ever-evolving landscape of supplychainmanagement, the role of artificial intelligence is becoming increasingly vital. Join us as we analyze the key takeaways from this engaging discussion and contemplate the implications for the future of supplychainmanagement.
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.
ERP vs. Best-in-Class for Healthcare SupplyChainManagement? Are ERP systems better than best-in-class supplychain solutions for managing healthcare supplychains? That’s the question we set out to answer in our recent panel discussion with Procurement and SupplyChain experts.
How can you ensure that your supplychain team are consistently up-to-speed with the modern supplychain landscape? A well-defined supplychain competency framework can be extremely useful. It typically covers key supplychain areas including procurement , logistics, demand forecasting , and much more.
Opportunities for Procurement Technology As we look toward 2025, European businesses are reshaping their supplychains to navigate an increasingly complex global landscape. A recent report by Maersk and Reuters Events highlights that 68% of companies are making supplychain visibility and monitoring solutions a top priority.
EDITOR’S NOTE: The following is based on the 4-Model Agent-based assessment tool that leverages the RAM 1998 to 2025 framework architecture. Below is a ranking from highest to lowest focus on procurement and supplychain practices, as of April 4, 2025, based on their stated missions, agendas, and historical emphasis.
The Manufacturing SupplyChain Journey through AI and Automation Manufacturing SupplyChains Explained The manufacturing supplychain comprises all the processes a business uses to turn raw materials and components into final products that are ready to be sold to customers, whether these are consumers or other businesses.
The global shipping industry is undergoing a massive restructuring in 2025, with long-standing alliances dissolving and new partnerships emerging. These shifts are set to redefine carrier operations, impact freight rates, and change how businesses manage their supplychains.
MODEL #2 An agent-based model within a metaprise framework outperforms traditional equation-based intake and orchestration models in procurement because it better addresses the complexity, unpredictability, and multi-stakeholder nature of modern supplychains. Focused on efficiency, not innovation; maintains status quo.
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. Key Drivers of Change Global Events : The COVID-19 pandemic , trade wars, and geopolitical tensions forced CFOs to prioritize supplychain resilience and risk management.
Learn what each one does, how MRP II supports production efficiency and supplier coordination, and where traditional systems fall short without the right source-to-pay technology in place. From sourcing raw materials to delivering finished products, every link in the chain must ope rate with speed, accuracy, and resilience.
Subscribe to SupplyChain Game Changer. SupplyChain Investment Challenges – Real and Imagined! Intelligent SupplyChain technologies article and permission to publish here provided by Dan Weinberger , UN SupplyChain Expert and CEO of Morpheus Network. Subscribe Here! Email Address.
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. Resilient SupplyChainManagement** : Building resilience into supplychains will be a priority.
For the supplychain? Think of supplychain work for a moment: Do you need tech equipment that is going to handle some resource-intensive applications, even multiple applications at once? Some statistics show how many professionals in supplychain operations use them for work. Gaming laptops?
Subscribe to SupplyChain Game Changer. The supplychainmanagement industry has undergone many changes in recent years. The introduction of IoT devices to the supplychain, the rise of edge computing, and its ability to increase connectivity and efficiencies, have changed how businesses operate across industries.
In the fast-paced world of supplychainmanagement, staying ahead of the curve is crucial for success. The YouTube video, “Top SupplyChain trends and Tech Innovations to Watch in 2025,” promises to shed light on the latest developments shaping the industryS future.
In the bustling landscape of supplychain innovation, RFID Journal Live!2025 2025 emerges as a beacon of groundbreaking advancements and visionary solutions. Innovative SupplyChain Strategies Showcased at RFID Journal Live!2025 2025 At RFID Journal Live!2025,
How better management in AP can give you better flexibility for cash flow management. Tools like PLANERGY enhance supplychain resilience by providing real-time tracking, data-driven insights, and streamlined communication with suppliers. Efficientsupplychains play a major role in keeping schools running smoothly.
London, UK – October 8th 2024 Skill Dynamics , the leading provider of role-based, practical eLearning for procurement and supplychain teams, is proud to announce the publication of its highly anticipated Skills Report 2025.
In a fast-paced world where supplychain disruptions, generative AI innovations, and trade tariffs constantly shape the global economy, staying informed is vital. Hosted by Sarah Barnes Humphrey, the founder of Let’s Talk SupplyChain, the video promises an insightful discussion with special guest Audrey Ross.
According to the data, a key trend in the SupplyChainManagement Software market in Saudi Arabia is the increasing adoption of cloud-based solutions, which offer scalability, flexibility, and cost-effectiveness.
In the YouTube video titled “2025 Investments, Supplier Decarbonization, and Lessons from Failures,” sarah Barnes Humphrey and guest Brenda from UBS delve into critical topics surrounding investments, supplier relations, and more within the supplychain industry.
The past few years have seen unprecedented supplychain challenges largely stemming from COVID-19 disruptions. Consequently, companies are becoming more focused on anticipating, reacting to, and planning for the unexpected through their supplychain strategies. SupplyChain Digitalization.
2020 has been a defining year for transparentsupplychains. On the contrary, companies seem to be more focused than ever on driving sustainability in supplychains. Moreover, businesses that already had a transparency focus were far less impacted by the pandemic overall.
2020 has been a defining year for transparentsupplychains. On the contrary, companies seem to be more focused than ever on driving sustainability in supplychains. Moreover, businesses that already had a transparency focus were far less impacted by the pandemic overall.
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. After 2025 the college-age population is expected to shrink for the next five to 10 years.
Download Free Copy Reshoring vs Nearshoring: Key Differences and Business Benefits Category Inventory Written by Lyle Del Vecchio 16 min read Tags Procurement SupplyChainManagement Last edited March 12, 2025 Download PDF IN THIS ARTICLE What is Reshoring? This approach focuses on regional efficiency.
Subscribe to SupplyChain Game Changer. What SupplyChainManagement problem does this solve? The biggest problem in the transitional supplychain is lack of open and trustworthy information availability across the supplychain caused by multiple issues – trust, technology and legacy practices being the top ones.
As supplychains and procurement grow increasingly complex in the face of global challenges, the Executive Advisory Board serves to ensure Arkestro remains strategically positioned and innovative in an evolving market. . billionin revenue. Edwin serves on the Board of Atmus Filtration Technologies, Inc.
Download Free Copy Supplier Management in Education: Best Practices for Success Category Vendor Management Written by Rob Biedron 15 min read Tags Education Supplier Relationship Management Last edited March 19, 2025 Download PDF KEY TAKEAWAYS The education sector has to be more strategic about procurement decisions.
From the movement of trucks to managing a good economic supplychain, GST affected logistics in a great way. The statistics have shown an increase in freight shipping volume to about 1325 billion and these numbers are predicted to double by 2025. appeared first on SupplyChain Game Changer™.
Subscribe to SupplyChain Game Changer. To efficiently trade Bitcoins , you must visit the official Site of the most recommended trading platform. PWC forecasts that the value of blockchain solutions may grow to USD 170 billion by 2025, with an additional USD 3.1 appeared first on SupplyChain Game Changer™.
Given that suppliers account for the majority of risk in areas such as GHG emissions, human rights abuses, and gaps in corporate governance, it is critical that companies explicitly target ESG goals in their supplychain. I recommend companies take tangible action toward setting supplychain ESG goals in the following ways: 1.
Given that suppliers account for the majority of risk in areas such as GHG emissions, human rights abuses, and gaps in corporate governance, it is critical that companies explicitly target ESG goals in their supplychain. I recommend companies take tangible action toward setting supplychain ESG goals in the following ways: 1.
Resources / Blog / The Power of Predictive Procurement Orchestration for Food & Beverage SupplyChain The Power of Predictive Procurement Orchestration for Food & Beverage SupplyChain Food and beverage procurement professionals have had their work cut out for them during the last few years.
.” – 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.
Argentus is a boutique recruitment firm focused on SupplyChain and Procurement. What SupplyChain Lessons Can We Learn? Back in early 2018, McDonald’s – a pioneer in cold chain distribution – announced that it was testing out using fresh patties instead of frozen in burgers at 300 of its U.S. for Quarter Pounders.
Advantages and Disadvantages of ERP Systems Discover the advantages and disadvantages of utilizing ERP systems to drive efficiencies and cost savings in procurement. ERPs often use automated workflows and business rules to streamline processes, reduce errors, and increase efficiency. billion by 2025.
One crucial area of business that all companies can address to achieve better sustainability is the supplychain. Yet according to McKinsey , a company’s supplychain accounts for far greater social and environmental impact than its own operations (80-90%, by some accounts).
One crucial area of business that all companies can address to achieve better sustainability is the supplychain. Yet according to McKinsey , a company’s supplychain accounts for far greater social and environmental impact than its own operations (80-90%, by some accounts).
Subscribe to SupplyChain Game Changer. What is the Digital SupplyChain? The shipper ecosystem is burgeoning with more delivery orders, more inventory to be managed, more deliveries and more services than ever before. BILLION by 2025. Optimizing Efficiency to manage costs. Subscribe Here!
Inventory valuation plays a crucial role in procurement and supplychainmanagement. Selecting the right method not only impacts financial reporting but also affects operational efficiency and tax liabilities. Advantages of FIFO: Aligns with actual inventory flow, improving operational efficiency.
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