Trending Articles

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Procurement transformation 2025: Why invest in procuretech and how to make the case – Onventis

Spend Matters

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. Alexandra Arens , Senior Content Marketing Manager at Onventis , shares what their customers are looking for from their digital procurement investment based on the 2024 Procurement Barometer study results

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Strikes Underway at Nine Amazon Facilities

Supply Chain Brain

The Teamsters say that they represent more than 10,000 Amazon workers combined across 10 U.S. warehouses and delivery stations.

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Fed trims main interest rate, signals prospect of less easing in 2025

Supply Chain Dive

Policymakers reduced the benchmark interest despite signs that their nearly three-year fight to push down inflation to their 2% target has stalled.

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NMFTA Turns Attention to Digitizing FTL Freight Sector

Supply Chain Brain

The newly-formed Digital FTL Council includes representatives from companies such as Nordstrom, Uber Freight, J.B. Hunt and C.H. Robinson among others.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

Learn strategies to develop supply chain maturity and save on costs. In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation. Discover actionable first steps to boost your operations and reduce costs.

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5 Procurement Industry Trends to Watch in 2025

Arkestro

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.

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ESG Supply Chain Monitoring and Reporting

Barkers Procurement

In the realm of modern business practices, Environmental, Social, and Governance (ESG) criteria have become integral to shaping the strategic framework of organisations aiming to operate sustainably and ethically. For companies committed to embracing these principles, monitoring and reporting ESG metrics within the supply chain is not just a regulatory requirement but a strategic imperative that enhances transparency, builds trust, and secures a competitive edge.

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Purchase Order Controls: Why Managing PO Approvals is a Big Deal

Procurement Express

The way businesses handle purchasing is evolving. Were seeing a shift from outdated, manual processes to streamlined systems that turn procurement into a strategic advantage. And at the heart of this transformation is the purchase order management system. Submitting purchase order documents the old-fashioned way isnt just inefficient. Its risky. Without proper purchase controls, budgets spiral, supplier management suffers, and inventory levels become a guessing game.

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Intelligent agents: automation and efficiency for businesses

Pipefy

In a fast-paced digital transformation era, intelligent agents stand out as essential tools for companies seeking efficiency, innovation, and a competitive edge. Acting as autonomous tools, these agents combine artificial intelligence and automation to perform tasks, freeing employees to focus on more strategic activities. With capabilities ranging from workflow automation to advanced analytical insights, intelligent agents offer customization, efficiency, and agility, optimizing corporate opera

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Boosting Profit Margins with Efficient Supplier Audit Practices

Procurement Freelancers

For businesses seeking guidance on supply chain optimization, supplier auditors play a crucial role in… The post Boosting Profit Margins with Efficient Supplier Audit Practices first appeared on Procurement Blog | Procurement & Supply Chain News.

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Southern Glazer’s sued by FTC for pricing discrimination

Supply Chain Dive

The agency's complaint alleges the alcohol distributor has withheld volume discounts to smaller retailers while favoring larger chain stores since 2018.

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The 2nd Generation of Innovation Management: A Survival Guide

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?

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The State of Shipping and Logistics in 2025 and Beyond

Supply Chain Brain

Many of these trends are already picking up speed, and much will come down to rapidity of adaptation and adoption, both practice and tech-wise.

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2024 Year In Review

ContractSafe

As the year comes to a close, we're excited to share the innovative features we've brought to ContractSafe this year. Whether you're looking to gain better visibility into your contracts, automate tedious tasks, or improve collaboration, our latest features were designed to help your team save time and reduce complexity.

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442: On The Margins – How to Thrive Through Cost-Cutting and Corporate Changes

Let's Talk Supply Chain

Its a couple of days before the holidays, the Lets Talk Supply Chain team are having a well-deserved break, and so today, instead of an interview, were bringing you one of my favorite recent episodes from one of our live shows On The Margins with Coupa. On the Margins inspires business leaders to explore the what-ifs of success in the modern era. The show explores the often overlooked and seemingly marginal aspects of procurement, supply chain, and finance operations to reveal thought-provokin

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How Strategic Purchasing Reduces Lead Times with Supplier Collaboration

Procurement Freelancers

Keeping a competitive edge in a fast-paced, globalized economy is crucial, and long lead times… The post How Strategic Purchasing Reduces Lead Times with Supplier Collaboration first appeared on Procurement Blog | Procurement & Supply Chain News.

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

As early as next year, procurement and supply chain operations will begin to adopt AI agents, often called “agentic AI,” to work alongside employees to make and execute decisions with precision across procurement and even the most complex global supply chains. Unlike LLM-based generative AI tools such as ChatGPT, these AI agents do not require prompts from humans.

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Amazon warehouse workers on strike amid holiday rush

Supply Chain Dive

The e-commerce giant said work stoppages at seven facilities have not impacted operations.

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How Real-Time Location Intelligence Can Mitigate Supply Chain Challenges

Supply Chain Brain

In finished vehicle logistics, p erhaps the most impactful benefit of real-time location intelligence is its ability to modernize legacy processes through automation.

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Best of 2024: Magnus Mondays — Navigating the Raw Essentials: A Primer on Direct Materials

CPO Rising

Editors Note: Over the next few weeks on CPO Rising, were publishing some best of 2024 articles as we reflect on the year and prepare for the new year ahead.… The post Best of 2024: Magnus Mondays Navigating the Raw Essentials: A Primer on Direct Materials appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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Purchase Control Is A Nightmare To Solve – Here’s Why

Procurement Express

Purchase control is one of those things that feels small until its not. Its the foundation for managing company spend, keeping cash flow in check, and making sure your team doesnt spend three days tracking down a single lost receipt. And yet, for a lot of small businesses, its a total mess. Purchasing is about getting the right stuff at the right time from the right suppliers for a fair price without blowing up your budget or your supplier relationships.

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Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

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ZIP, ProPurchaser, MS Excel: Which One Is Right For Your Procurement Organization Right Now?

Procurement Insights

Since most people using ChatGPT trust the outcome (an estimated 60% to 80%), I thought I would throw it a curve ball and ask who ProPurchaser’s main competitors are. It would be an understatement to say I was surprised that ChatGPT identified ZIP as one of ProPurchaser’s top five competitors. I then asked the next (and obvious) question, why are ZIP and ProPurchaser considered competitors?

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Supply Chains 2024: A year in pictures

Supply Chain Dive

The industry saw significant upheaval, with a major container vessel crash, natural disasters and port and rail shutdowns. Here are some memorable moments.

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Year of Milestones for USDOT's Supply Chain Data Platform

Supply Chain Brain

The FLOW program also now accounts for 75% of all U.S. container imports, as well as 80% of the country's container terminal capacity.

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Part Three: Expanding Procurement’s Influence — Connecting Strategy, Users, and Technology

CPO Rising

Did you miss Ardent Partners’ recent webinar,Cast a Wider Net: Leveraging Innovation to Expand Procurements Influence and Impact,that shed light on how procurement can deliver greater value by focusing on… The post Part Three: Expanding Procurement’s Influence Connecting Strategy, Users, and Technology appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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The Evolution of Control Towers to Command Centers

Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.

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Talent Talks Live 2024: How AI is shaping the future of Procurement – Episode 106

Procurement Talk with David Byrne

Listen on Apple Podcasts Listen on Spotify Watch on YouTube Summary On this episode of Talent Talks, Samuel De Frates, Kathryn Thompson and Bilal Shaykh discuss the transformative role of AI in procurement, exploring its potential to enhance supplier selection, risk management, and overall efficiency. They delve into the challenges faced by procurement professionals, … Continued The post Talent Talks Live 2024: How AI is shaping the future of Procurement – Episode 106 appeared first

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In the Practitioner’s Words: From Scientist And Clinical Management To Sourcing Procurement (Pharma)

Procurement Insights

Subject: Stephane Maillard, Head of Sourcing Strategy and Execution ProcureTech Provider: Focal Point Summary: In a recent interview, Jon Hansen interviewed Stephane Maillard, a scientist with a pharmacy background who transitioned from clinical management to sourcing procurement at Sanofi. The discussion began by highlighting Stephane’s experience and the need for a documentation and project management tool to streamline clinical services.

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Air cargo market maturity helps avoid ‘peak of all peaks’ in November

Supply Chain Dive

Proactive capacity management contributed to a 12% YoY increase in the global air cargo spot rate since the start of peak season, compared to 25% in 2023.

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Retailers Expect Flood of 'Super Saturday' Shoppers Before Christmas

Supply Chain Brain

The National Retail Federation is predicting the second busiest "Super Saturday" since 2016, as consumers get in their last-minute holiday shopping.

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.

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AI agents: what they are and how to use them

Pipefy

Artificial intelligence is shaping the future of businesses and redefining how tasks are executed. It provides solutions that not only optimize processes, but also revolutionize how complex tasks are handled. Among the most promising innovations are AI agents, autonomous tools capable of performing tasks intelligently and adaptively. For companies looking to increase efficiency, reduce costs, and prepare for the future, understanding and implementing AI agents is crucial.

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Mary Casillo on Solving Problems and Building Advocacy

Let's Talk Supply Chain

In the last Women In Supply Chain blog of the year, we want to take a look at what next year has to offer for industry trends and growth. Theres a lot. Technology, consumer sentiments, extreme weather, and geopolitical factors will all make an impact, forcing leaders to continue evolving. So, expect to see a serious evolution in sustainability and circular supply chains demanded by consumers and some governmental institutions alike.

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In the Practitioner’s Words: A Practitioner-Provider Relationship Spanning Three Different Companies And Decades

Procurement Insights

Subject: Tony Callahan , VP National Purchasing, Shea Homes ProcureTech Provider: ProPurchaser Summary: ProcureTech Provider: ProPurchaser In the discussion meeting between Tony Callahan and Jon Hansen, Tony shared insights on his extensive experience with ProPurchaser, a platform he has utilized since 2001. He highlighted the tool’s evolution, including its expanded range of commodities, training modules, and improved visibility, contributing to its acceptance within his team.

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FedEx aims for ‘seamless’ customer transition with Freight spinoff

Supply Chain Dive

The less-than-truckload unit aims to sustain or improve service levels while also bolstering its sales ranks.

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

Speaker: Shalini Dinesh

Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.