Tue.Dec 31, 2024

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What is the Best Procurement Software?

Procurement Express

Procurement software tends to fall into one of three categories. There are enterprise resource planning (ERP) systems, which are complex systems designed to help companies manage all ends of the supply chain. Then, there is accounting software that people use to keep track of POs, sacrificing a comprehensive procurement suite for all-in-one convenience.

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Visibility Begins with the Right TMS

Supply Chain Brain

If the Covid-19 pandemic can be said to have had any positive impact, it would be in the technology advances to address longstanding performance challenges facing supply chains.

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How to Improve Your Indirect Spend Management Strategy

Procurement Express

Procurement managers are pros when it comes to negotiating deals down to the penny, working closely with suppliers to secure terms that place them at a strategic advantage. However, these strategies often only account for direct procurement or the purchases associated with the products a company sells. Indirect spending, or those purchases that fall into the everything else categoryfrom IT equipment and professional services to payrollaren’t always held to the same standard.

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Insights to Better Business Execution: How Integrated Tactical Planning Enables Enhanced Decision-making and Improved Outcomes

Supply Chain Brain

Organizations have problems when senior business executives are involved in troubleshooting everyday issues. Even if a company engages in strategic planning processes like Integrated Business Planning (IBP), it wont get the expected results without proper execution at lower levels.

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State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

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How Supplier Auditors Navigate Cross-Cultural Global Supply Chain Challenges

Procurement Freelancers

In todays interconnected world, global supply chains are the backbone of commerce. However, navigating the… The post How Supplier Auditors Navigate Cross-Cultural Global Supply Chain Challenges first appeared on Procurement Blog | Procurement & Supply Chain News.

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Egypt Tests New Extension for Suez Canal

Supply Chain Brain

The project was brought about following the grounding of the Ever Given in 2021, which blocked the waterway for six days and impacted billions of dollars worth of trade.

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Machine Learning Makes Warehouse Product Slotting a Sure Bet

Supply Chain Brain

In this Back to the Future Report learn how new systems powered by machine learning (ML) can provide daily warehouse storage slotting change recommendations that can be executed on a daily basis.

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Key Differences Between a Purchasing Consultant and a Procurement Manager

Procurement Freelancers

Have you ever considered if your company needs a procurement manager or a purchasing consultant?… The post Key Differences Between a Purchasing Consultant and a Procurement Manager first appeared on Procurement Blog | Procurement & Supply Chain News.

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Capitalizing on Global Innovation Geographies

Supply Chain Brain

New innovation geographies around the world are on the rise as manufacturers look to emerging regions to bolster their integration of real estate and supply chain solutions. Download this guide to get a deep look at prime manufacturing areas in those three regions, showcasing the benefits and challenges you'll encounter when looking to make strategic location decisions.

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To Succeed With Technology, You Must Not Lead With Technology!

Procurement Insights

Graphic Source: McKinsey & Company (LinkedIn Post) If you went to a car dealership to buy a new car and the salesperson told you that only 20% of the vehicles, with their latest bells and whistles, would work properly once you drove them off the lot, would you buy that car? While I haven’t been in high-tech for 60 years, I have been in high-tech and procurement for more than 40 years.

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Staying Ahead of UFLPA Enforcement: Best Practices for Retail Supply Chains

Speaker: Ethan Woolley, Director at Kharon

This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia

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Chinese Hacker Accesses U.S. Treasury Work Stations

Supply Chain Brain

The UST first learned of the breach from third-party software provider BeyondTrust, after the company discovered that a hacker had stolen a security key used for tech support.

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Threatened U.S. Tariffs Could Wipe Out Company Profits: PwC

Supply Chain Brain

Uncertainty regarding whether Trump will actually impose the tariffs he has proposed is a matter of intense speculation.

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