Spend Matters

JANUARY 18, 2024

This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.

Procurement solutions 114

Procurement solutions Procurement Innovation Procurement team 114

The Thomas Blog

JANUARY 17, 2023

Million by 2027. billion to nearly $10 billion over the next 10 years, so its components will also be in demand. Printing for bottle shrink sleeves has increased 30% year over year, while glass bottle prices have also been increasing thanks to growing demand. The CNC cutting machines market is expected to hit USD $6,153.2

Demand 98

Demand Sourcing Supply Chain Efficiency Price 98

The Thomas Blog

FEBRUARY 23, 2023

Cleanrooms are controlled environments designed to limit or eliminate exposure to contaminants, and growth in cleanroom demand is driven by the pharmaceuticals, biotech research, and aerospace and defense industries. Demand for these foggers may increase thanks to the cleaning habits developed over the past few years.

Raw materials 98

Raw materials Demand Sourcing Contract 98

SCMDOJO

JUNE 17, 2024

billion by 2027. Demand Fluctuations: The dynamic nature of customer needs, often affected by economic conditions, market trends, or seasonal factors, makes inventory management and market forecasting difficult. In addition, these technologies can control inventory levels, enhance demand forecasting precision, and optimize routes.

Supply Chain Efficiency 98

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 98

The Thomas Blog

JULY 15, 2022

While industrial companies haven't been frequent targets in the past, cybercriminals have started to shift to these sectors, so manufacturers have been coming under attack more frequently , leading to a rise in demand for these services. billion by 2027. Software-defined Wide Area Networks (SD-WAN). Data Analytics Services.

Networking 96

Networking Sourcing Demand Data 96

SCMDOJO

APRIL 9, 2024

This can significantly improve demand forecasting and predicting delays and disruptions, allowing managers to plan in advance and make adjustments to proactively address emerging issues. The market for logistics robotics is predicted to reach $6 billion by 2027. This results in reduced environmental impact and carbon footprint overall.

Logistics 98

Logistics Data Supply Chain Efficiency Route optimization 98

Supply Chain Game Changer

JANUARY 25, 2022

But for most people their driving demands are less predictable, and they will need to know where alternate charging stations are, and whether they are close enough to enable them to drive those distances. in 2019 to over $25B in 2027, a 26.8% The technological, manufacturing, and Supply Chain demands will be enormous.

supply chain software solutions 97

supply chain software solutions Supply chain Demand Supply 97

The Thomas Blog

OCTOBER 17, 2022

from 2020 to 2027, reaching $43.8 Coffee beans will continue to stay in demand, as U.S. It creates rose smells if you don’t have fresh-cut roses handy. However, many people do have fresh roses, as the global cut flowers market is expected to grow 5.2% billion and was estimated to be $6 billion in the U.S. alone in 2020.

Import 98

Import Sourcing Innovation Demand 98

The Good Spending

OCTOBER 24, 2024

trillion in 2024, projected to reach $4 trillion by 2027 ( according to IDC ). It represents 23 years of experience, billions of dollars worth of successful sourcing projects, and 1000s hours spent on research, analysis, and content creation for the most demanding professional readers. Digital transformation: trillions to spend better.

Procurement 59

Procurement Price Influencing Sourcing 59

IBM Supply Chain Blog

APRIL 10, 2024

By 2027, 25% of CIOs will have compensation linked to their sustainable technology impact. Key benefits of Liberty include: Get faster start time with scale on-demand: featuring ‘ InstantOn’ delivering launch times for applications that are 10X faster than standard Java.

Innovation 88

Innovation Sustainability Risk Demand 88

Jaggaer

MARCH 18, 2020

First, demands remain high. But for top CPOs , this demand is becoming harder and harder to meet. A 2018 study by Innosight backs this assertion, predicting that the average tenure of companies on the Fortune 500 list will be just 12 years by 2027. Where We’re at Today . every decade,” he says. Companies are no?longer

Agile and Lean Supply Chain 81

Agile and Lean Supply Chain Procurement Procurement team Data 81

Supply Chain Game Changer

SEPTEMBER 11, 2020

The UK is the latest country to order a long-term ban on Huawei and the removal of all branded kit from its 5G networks by 2027. Major airlines would be particularly vulnerable to the imposition of potential tariffs, while air cargo suppliers have also seen issues in terms of costs and demand over the course of the last 12 months.

Supply chain 60

Supply chain Networking Price Supply 60

IBM Supply Chain Blog

APRIL 11, 2024

March 2027: PIs and EMIs of EU and Eurozone countries are required to support sending and receiving SEPA instant payments. June 2027: Banks of EU non-Eurozone countries are required to support sending SEPA instant payments. December 2026: Banks of EU non-Eurozone countries are required to support receiving SEPA instant payments.

Innovation 58

Innovation Cost of ownership Data Risk 58

IBM Supply Chain Blog

MAY 19, 2023

Web-based ERP providers are experiencing significant growth and demand as more companies seek to streamline their business processes, cut costs and improve operational efficiency. billion by 2027. The rapid growth of global web-based ERP solution providers The global cloud ERP market is expected to grow at a CAGR of 15%, from USD 64.7

Price 74

Price Data Demand Management 74

Supply Chain Game Changer

MARCH 15, 2022

Marketwatch.com says the global drone delivery market was $528 billion in 2020 and will grow to almost $11 billion by 2027, also at a compound annual growth rate of 54%. What are the factors driving this increased demand? Rapid delivery continues to be the major driver for drone delivery. cars and trucks).

Supply chain 96

Supply chain Demand Retail Supply Chain Import 96

IBM Supply Chain Blog

FEBRUARY 6, 2024

A prime benefit of cloud computing for business is its flexibility for quickly and efficiently scaling resources to meet business demands, freeing organizations from investing time and expense into expanding their own physical IT infrastructure. Google Workspace, Salesforce).

e2e 98

e2e Data Networking Management 98

IBM Supply Chain Blog

NOVEMBER 8, 2023

Accelerating business transformation with SAP HANA on Power As the 2027 end of mainstream maintenance for SAP’s legacy ERP is approaching, our customers are all in different stages of their business transformation journey.

Leadership 93

Leadership Data Cost of ownership Strategy 93

The Thomas Blog

MAY 22, 2023

On the Thomasnet.com platform, demand for air filter cleaners is up 229% over last month and 62% year over year. The global self-lubricating composite market size is currently growing, driven by demand from industries including aerospace, automotive, and marine. million by 2027. billion in 2022 to $8.91

Supply Chain Efficiency 52

Supply Chain Efficiency Demand Sourcing Import 52

IBM Supply Chain Blog

MAY 12, 2023

According to the IT Sustainability Beyond the Data Center report from the IBM Institute for Business Value, some estimates suggest that there has been a 43% absolute increase in the power capacity demand by data center operators between 2018 and 2021, and that the global data center market will grow by more than 30% between 2021 and 2027.

Sustainability 74

Sustainability Data Networking Management 74

IBM Supply Chain Blog

MARCH 14, 2024

5G, on the other hand, with its lightning-fast speeds and high-band frequencies (24GHz–40GHz), is well suited for applications that demand swift, safe access to large amounts of data. As the number of devices built for 5G technology increases, so does demand for the networks themselves. Today, some technologies (e.g.,

Networking 59

Networking supply chain budgeting Supply Chain Efficiency Data 59

IBM Supply Chain Blog

JANUARY 30, 2024

Infrastructure-as-a-service (IaaS) delivers compute, network and storage resources to consumers on-demand, over the internet and as a pay-per-use service. trillion in 2027. A PaaS approach helps companies reduce the cost, complexity and inflexibility associated with building and maintaining a platform on-premises.

Strategy 91

Strategy Real-time Visibility Data Risk 91

Supply Chain Trend

DECEMBER 13, 2016

Our lives include things like dynamic customer demand changes, supplier difficulties, global politic changes, large commodity price swings, port distributions, ever changing currency rates, and that’s prior to all the internal turmoil. Steve: I truly enjoy overseeing S&OP processes viewing them as a very intense strategic game.

supply chain software solutions 90

supply chain software solutions Supply Chain Efficiency Supply Chain Optimization Supply chain 90

Pipefy

JUNE 5, 2024

Quickly changing business demands. Gartner predicts that the market for BPA software will grow by almost 40% by 2027, increasing from $2.6B IT teams already have their hands full managing day-to-day operations and security, so finding the time and resources to expand their zone of influence can be challenging. Neverending backlogs.

Influencing 52

Influencing Cost optimization Innovation Strategy 52

IBM Supply Chain Blog

MARCH 8, 2024

Dynamic pricing Dynamic pricing, most famously deployed by ride-share companies but increasingly used in other markets, allows retailers to adjust prices in real-time based on factors like demand, inventory levels, and competitor pricing.

Price 79

Price Purchasing Influencing Innovation 79

Procurement Insights

SEPTEMBER 11, 2024

Until the failure rate decreases, the only good thing that is going to come out of the forthcoming M&A mania [ [link] ] is, near the end of 2026/2027, decimation of most of the worthless logos on the mega-map [ [link] ]. Unfortunately, since the worthwhile logos can’t be found, most of them won’t survive either.

Influencing 52

Influencing Procurement team Agile and Lean Supply Chain Procurement 52

HICX

JUNE 20, 2024

According to procurement consultants Comprara, it is estimated that by 2027, more than $348 billion will be lost globally due to fraud. Procurement’s involvement in the financial aspects of supply chains will only augment demands for accurate supplier data within the organization.

Suppliers 52

Suppliers Management supply chain software solutions Data 52

Una

MARCH 6, 2024

billion by 2027 , growing at a CAGR of 8.8%. Inventory Management Forecasting and managing inventory levels to meet demand while keeping costs down can be outsourced too. Say, for example, that your CEO demands procurement slashes its environmental footprint by 20% in 12 months.

Procurement 52

Procurement Agile and Lean Supply Chain Purchasing Supply Chain Efficiency 52

IBM Supply Chain Blog

MARCH 20, 2024

trillion in 2027. Software-as-a-Service (SaaS) is on-demand access to ready-to-use, cloud-hosted application software. According to an International Data Corporation (IDC) report (link resides outside ibm.com), worldwide spending on public cloud provider services will reach $1.35 What is a public cloud?

Data 88

Data Networking Cost of ownership Management 88

Planergy

MARCH 12, 2025

Research shows the value of these payments is projected to reach more than $250 trillion by 2027 , so this area of the global payments ecosystem is growing rapidly. trillion) by 2027. Offering Fast, Secure Refunds Customers demand fast refunds, especially when shopping internationally.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Spend management Export 52