Spend Matters

DECEMBER 11, 2023

Operational efficiency, AI advancements and socially-conscious spending will be key business drivers Coupa has a core philosophy of “none of us is as smart as all of us” and it’s with this spirit that our insights for 2024 are written. using supply chain digital twins to optimize supply chain networks for carbon takeout).

Procurement solutions 74

Procurement solutions supply chain budgeting Procurement Supply Chain Optimization 74

Procurement Software

APRIL 9, 2024

Join me on this fictitious journey of transforming an existing procurement organisation into one that will still be relevant in 2030. While on the other hand we must equip our teams to tackle sustainability, geopolitical instability and ensuing supply chain disruptions. So, we need to get them working more efficiently.

Category management 40

Category management Procurement supply chain budgeting Budget 40

Arkestro

JANUARY 23, 2024

from 2023 to 2030. Procurement managers play a key role in this rapid growth, helping organizations optimize costs, negotiate favorable terms with suppliers, and ensure financial efficiency. Risk management: Identify and address supply chain risks for uninterrupted goods/services supply.

supply chain budgeting 52

supply chain budgeting Management Supply Chain Optimization Procurement 52

Arkestro

JANUARY 9, 2024

According to Deloitte, the manufacturing industry was in contraction throughout most of 2023 due to challenges like increased lead times, tight labor markets, and rising costs. As we move into 2024, procurement teams continue to face hurdles like supply chain volatility, geopolitical tensions, budget restrictions, talent shortages, and more.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

Procurement Insights

JANUARY 9, 2025

CPO Insights (Procurement-Specific): Research suggests that 2030% of procurement technology investments are underutilized due to poor adoption, insufficient training, or lack of integration. Budget Constraints: Limited resources for continuous training, upgrades, or user support.

supply chain software solutions 52

supply chain software solutions supply chain budgeting Procurement Budget 52

Empowering CPO

MAY 11, 2023

Economic: From an economic perspective, sustainable procurement can result in cost savings through increased efficiency, reduced waste, and minimized risk of supply chain disruptions. Cost Savings and Efficiency: Sustainable procurement can lead to significant cost savings through increased operational efficiency.

Sustainability 52

Sustainability Procurement Supply Chain Efficiency Raw materials 52

IBM Supply Chain Blog

APRIL 18, 2024

Regardless, given the wide range of predictions for AGI’s arrival, anywhere from 2030 to 2050 and beyond, it’s crucial to manage expectations and begin by using the value of current AI applications. On a smaller scale, some organizations are reallocating gen AI budgets towards headcount savings, particularly in customer service.

Data 89

Data Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 89

IBM Supply Chain Blog

JULY 27, 2023

The oil and gas industry remains an integral part of the energy landscape, but it faces a number of modern challenges, including volatile market conditions, expanding environmental regulations and the growing need for operational efficiency. through 2030. equipment, machinery and infrastructure).

Real-time Visibility 55

Real-time Visibility Inventory Budget Management 55

Pipefy

JULY 29, 2024

By 2030, it’s believed that increased AI may contribute upwards of $15.7T Faster turnaround times mean fewer labor hours, and streamlined workflows keep projects within budget. AI can make good processes more efficient, but only purposeful application will yield excellence. No revolution is without risk.

Data 52

Data Supply Chain Optimization Supply Chain Efficiency Risk 52