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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 Supply Management News ventures into the unknown, exploring the enigmatic path that lies ahead.
ERP vs. Best-in-Class for Healthcare SupplyChain Management? 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. The verdict?
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.
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.
With the rapid advancements in technology and the ever-evolving landscape of supplychain management, 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 supplychain management.
Top 3 Procurement Technologies to Embrace in 2025 Staying ahead of key procurement technology and advancements is essential for CPOs who want to improve spend cost reduction, drive strategic value, and navigate the increasingly complex procurement landscape.
Strong negotiation can lead to cost savings, more advantageous counteract terms, and overall a much more optimized procurement chain. It also allows you to develop stronger relationships with your suppliers, allowing your supplychain to become more resilient and perhaps even unlocking some cost efficiencies through your suppliers.
Leveraging modern procurement technology has become essential for public sector organizations aiming to achieve efficiency, transparency, and compliance while meeting their social and environmental goals. Blockchain Technology: Blockchain ensures transparency, security, and traceability in procurement transactions.
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.
Procurement Priorities for 2025 and Beyond The manufacturing industry is evolving rapidly, leaving Chief Procurement Officers (CPOs) grappling with challenges that could make or break their organizations. This could include optimizing specifications, reducing waste, or exploring product substitution.
In the fast-paced world of aviation, delays are often unavoidable but always impactful.The highly anticipated entry-into-service (EIS) of the Airbus A350F,originally slated for 2025,now faces unexpected hurdles. Diversify Sourcing: Explore alternative suppliers to reduce dependency on a single source and mitigate risks.
ITS Logistics is one of North America’s fastest-growing, asset-based modern 3PLs, providing solutions for the industrys most complicated supplychain challenges. Using a holistic approach, he combines technology, supplychain expertise, and leadership skills to ensure sustained growth and profitability.
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.
Today Im joined by supplychain software brand Manhattan Associates. Manhattan provide more than just supplychain solutions. Today Mandar Rahatekar, Senior Director of Research and Development at Manhattan, joins me to talk all about the power of unified supplychain planning. Im a mechanical engineer.
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?
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.
Its unique technology enables shippers to break free of expensive parcel shipping consultants with an easy-to-use software app that brings transparency to the black box of carrier agreements. With over 8 years of experience in strategic partnerships, Jack drives innovative collaborations that advance supplychain and logistics technology.
RESEARCH TRIANGLE, NC, March 20, 2025 Rittal, one of the world’s leading system providers of electrical enclosures, power distribution, climate control, IT infrastructure, software and services, has confirmed JAGGAER for its procurement processes. Future-Proof Positioning Rittal now benefits from significantly streamlined processes.
The SupplyChain as a Service (SCaaS) market has experienced significant growth in recent years, with even greater potential ahead. SCaaS is a technology-driven approach to managing supplychains, offering comprehensive end-to-end solutions for businesses. Let’s delve into this emerging concept.
Today Im joined by Rygen Technologies , a supplychain software brand with a vision to provide user-forward, practically-delivered, and thoughtfully-engineered solutions. And, in supplychain, you really get to implement them. 18.27] Tonys hot takes from Manifest, and what Rygen is investing in for 2025 and beyond.
As we near the end of 2024, virtually all industry players are publishing their procurement predictions for their respective 2025 reports. Based on the ChatGPT assessment I would ask you the following three questions: Which perspective on AI and digital transformation in procurement in 2025 is the most insightful and useful?
Subscribe to SupplyChain Game Changer. The supplychain management 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.
As of March 3, 2025, the interplay between ERPs (e.g., Coupa, Jaggaer, Ariba) is a critical factor in procurement success or failure, given their overlapping goalsstreamlining processes, integrating data, and optimizing spend. By 2025, cloud ERPs (e.g., SAP, Oracle, Microsoft Dynamics) and procuretech solutions (e.g.,
Leaders globally need to champion technology adoption by clearly communicating benefits, such as enhanced transparency, efficiency, and cross-functional collaboration. Lets start a conversation on making measurable impact in 2025 and beyond. echoes across organizations.
MCP ensures that AI-driven procurement solutions retain, process, and apply relevant context to enhance decision-making and operational efficiency. Contextualized Spend Analysis & Cost Optimization AI models use MCP to remember previous spend categories, budget constraints, and organizational purchasing behavior.
Subscribe to SupplyChain Game Changer. billion by 2025, and businesses can save millions of dollars if reverse logistics management is implemented and done properly. Clearly, more companies need to go back to basics and ask what is reverse logistics’ role in the top trends of the supplychain? Subscribe Here!
Its someone thats open to multi modes of shipping, whatever is most efficient Someone thats flexible and wants to partner, someone who doesnt look at Werner as just a service provider. We want to work together to solve these transportation and supplychain issues. 08.23] The ideal client for Werner.
EDITOR’S NOTE: Chevron was IN NO WAY involved with the following assessment, although I think they will find it to be an interesting read because it leverages their known capabilities and aligns them with my prior research and discussions on procurement efficiency, Shared Services, and Hansens RAM principles.
In the fast-paced world of supplychain management, 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 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.
February 2025 – A Liquid Network is a dynamic, decentralized, and adaptable system where ideas, information, and resources flow freely between interconnected participants, fostering innovation and collaboration. Supplychain risk management is proactive and data-driven. What are liquid networks?
Download Free Copy Reshoring vs Nearshoring: Key Differences and Business Benefits Category Inventory Written by Lyle Del Vecchio 16 min read Tags Procurement SupplyChain Management Last edited March 12, 2025 Download PDF IN THIS ARTICLE What is Reshoring? This approach focuses on regional efficiency.
“ The Forgotten Three A successful ProcureTech implementation can significantly influence product quality, supplier delivery performance, and full-time equivalents (FTEs) in indirect procurement by enhancing efficiency, visibility, and collaboration across the supplychain. Qualitative Effect: Enhanced traceability (e.g.,
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.
My First Procurement Insights Post on Strand Commonality (Excerpt) – Optimization Modeling and the Modern SupplyChain (A PI Q and A) by JonHansen (March 2008) Numerous studies and reports have been published on the various methods (e.g., Monte Carlo) used to determine supplychainoptimization.
Well be sharing the digital trends shaping 2025, and the challenges were up against when it comes to tech implementations. Well be exploring why tech is the perfect foundation for process optimization, and the benefit of combining technology implementation with physical assets. 25.11] What 2025 has in store for BlackBerry Radar.
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.
This ongoing partnership highlights how predictive procurement drives efficiency and its cost-effective impact within complex, global procurement environments. We are thrilled to partner with this world-class company to maximize this value across its international supplychains.” cost reduction across all spend types.
The company has established an ambitious goal of reducing indirect expenditures by $75 million to enhance operational efficiency and improve profit margins in an increasingly competitive market. Indirect spending typically represents 15-27% of revenue in manufacturing companies, making it a significant area for cost optimization.
Today I’m joined by supplychain software brand, Manhattan Associates. Manhattan provide more than just supplychain solutions. Guest bio: Over the last 13+ years, Bryant has served in various roles in the SupplyChain software space – including operations, implementation, and product management.
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. There used to be a lot of hassles which decreased the efficiency of the logistics.
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.
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