Tue.Nov 26, 2024

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How spend analytics solutions support risk management

Spend Matters

Spend analytics vendors do what their name implies: they derive insights from spend data. However, that is not all they are capable of doing. Many spend analytics vendors apply that analytical expertise elsewhere, such as contracts, carbon emissions or supplier performance. This results in analytical data not just for those areas but also dashboards and opportunities that use hybrid data (spend + another factor) to help determine KPIs and enterprise goals.

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The 2024 Tariff Plan Impact On Direct Material Silent Slopes

Procurement Insights

“Clearly, tariffs will raise costs for imported and domestic raw materials (steel, aluminum, plastic resins, wood, paper, etc.). We should all be prepared when suppliers cite these cost increases to justify higher prices for the products they sell us. Preparation includes detecting supplier “Margin Creep” (Silent Slopes) – the common practice of raising prices more than required to cover their cost increases.” – Rod Sherkin , ProPurchaser.com Inc.

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Trending Sources

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Hy-Vee improves visibility, delivery performance

Supply Chain Dive

The grocery retailer’s adoption of a transportation management system allows it to better operate its complex cross-dock network, according to SVP of Distribution Matt Beenblossom.

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Increased Consumer Confidence Will Boost Holiday Shopping

Supply Chain Brain

Thanksgiving spending is expected to rise by 1.8% year-over-year, followed by a projected 2.8% bump for Black Friday, and then a 3% increase in Christmas sales.

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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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Ransomware hits supply chain software firm Blue Yonder ahead of Thanksgiving

Supply Chain Dive

The attack against Blue Yonder led to issues for Morrisons, a U.K.-based grocery chain, in its warehouse management system for fresh food and produce.

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Price Smart, Act Fast: Agentic AI’s Role in Retail’s Next Chapter

Supply Chain Brain

Understanding what makes an AI agent truly agentic, and integrating these models into their operations will be essential for retailers aiming to stay competitive and agile.

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More Trending

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German Steelmaker to Cut 40% of Jobs

Supply Chain Brain

The German steel industry already faces pressure from Asian competitors and high energy prices, but the outlook is worsened by threatened tariffs imported into the U.S. by President-elect Donald.

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Parcel carrier Spee-Dee Delivery opts for no 2025 rate hike

Supply Chain Dive

The Midwest-focused delivery provider won't increase base shipping charges and is eyeing coverage expansion next year.

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Sweden Asks Ship Linked to Cable Breaches to Approach Its Waters

Supply Chain Brain

The bulk carrier, Yi Peng 3 , is currently anchored just outside of Denmark’s territorial waters, with vessels from Sweden, Denmark and Germany monitoring it.

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Spot trucking rates climb, offering hope to carriers

Supply Chain Dive

Shippers are still benefiting from a discount in the spot market of 8.7% below contract rates, DAT Group Product Manager Chad Kennedy said.

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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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Breaking Free from Legacy EDI Systems: Lessons from Hirschbach’s Migration to Orderful

Supply Chain Brain

Legacy EDI systems can slow growth, strain resources, and leave teams with limited visibility into critical processes. In this webinar, Ivan Ramirez, CTO at Hirschbach, shares how his team reduced onboarding times from 1-2 weeks to just 2-3 weeks by transitioning from a legacy system to Orderful’s modern EDI platform.

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Top 10 AP automation benefits every modern business needs to thrive

Fraxion

Top 10 AP automation benefits every modern business needs to thrive Picture this: Your accounts payable (AP) team is facing mountains of paper invoices, manually matching them to purchase orders, chasing down approvals, and reconciling payments. Late fees are creeping in, vendor relationships are strained, and the end-of-month close feels like a marathon.

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Report: SMEs are Increasingly Vulnerable to Cyberattacks

Supply Chain Brain

Supply chain attacks have surged by 431% since 2021, indicating a growing vulnerability in interconnected business ecosystems.

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How many procuretechs will still be around in 2 years' time?

The Procuretech Podcast

In this episode of The Procurement Software Podcast, host James Meads delves into a provocative topic inspired by a LinkedIn post from industry commentator John W. Hansen. The post claims that 83% of AI initiatives fail and predicts that 75% of AI solution providers will be out of business by the end of 2025. Tune in as he breaks down these bold claims and offers insights into the future of procurement technology.

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The GTM Intelligence Era: ZoomInfo 2025 Customer Impact Report

ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!

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Impact of tariffs on supply chains – 1930, 2009, 2024

Procurement Insights

What are you suggestions to leadership this morning on how you should manage the proposed tariff’s on goods from Mexico, China and Canada? – Roger Blumberg (LinkedIn Poll) Here is an excerpt from a post I wrote in 2009 at the height of the Buy American controversy – [link] “Upcoming posts will examine the differences between the economic climate in 1930 and 2009 to determine if there are indeed parallels to be drawn and used to achieve a collective best result outcome.

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Technology Trends 2024: McKinsey’s Analysis & What It Means for High-Tech Manufacturing

Arkestro

Resources / Blog / Technology Trends 2024: McKinsey’s Analysis & What It Means for High-Tech Manufacturing Technology Trends 2024: McKinsey’s Analysis & What It Means for High-Tech Manufacturing The high-tech manufacturing industry — and the market at large — has seen its share of challenges over the past few years. Technology equity investments fell 30-40% in 2023 alone, largely due to increased costs and economic uncertainty.

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Procurement Decentralization 20 Years Later

Procurement Insights

EDITOR’S NOTE: AI, Generative AI, and Agentic AI are not new. They are not an exciting breakthrough, nor are they a competitive edge. Like my teenage daughter’s recent discovery of the Beatles, these “tools” are as great today as they were 20 years ago. However, to succeed, we must finally learn how to use them properly, e.g., using an agent-based versus equation-based development and implementation model.

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Lina Castaneda talks about the power in our differences

Let's Talk Supply Chain

As we look back at supply chain management over the last year—whether you’re in logistics or manufacturing—there are signs of progress we can all be thankful for. The COVID-19 pandemic sent shockwaves across supply chains , highlighting regional dependencies and labor shortages. These disruptions continued through record climate events and global inflation.

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The 2025 Annual ProcureCon CPO Report

Procurement leaders are at a pivotal moment. With CPOs playing an increasingly strategic role, it’s time to leverage innovation and technology to drive resilience and efficiency. Download The 2025 Annual ProcureCon CPO Report to uncover key insights to thrive in a dynamic procurement landscape. What’s Inside: How CPOs are driving strategic decision-making and technology adoption The top priorities and challenges for procurement in 2025 Why AI, sustainability, and data analytics are essential for

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Trump nominates Rep. Lori Chavez-DeRemer for secretary of labor

Supply Chain Dive

The Teamsters president voiced support for Chavez-DeRemer, saying she previously pledged to “protect and respect labor in America.

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Top Supply Chain Trends Driving Change in 2024 and Into 2025

NLPA (Next Level Purchasing Association)

The supply chain trends of 2024 have reshaped how businesses navigate challenges and embrace opportunities. As we wrap up the year, it’s clear the supply chain world isn’t slowing down. From navigating political tensions to keeping up with new technologies, this year brought plenty of challenges but also paved the way for exciting changes. Supply chain professionals have worked hard to stay ahead, and the supply chain trends we’ve seen this year are already setting the stage for what’s to come i

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War of Words Over Trump Tariffs Heats Up

Supply Chain Brain

Trump said the tariffs would remain in place until the two countries clamp down on drugs, particularly fentanyl, and migrants crossing the border illegally.

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Trump calls for 25% tariffs on imports from Canada and Mexico

Supply Chain Dive

The president-elect also called for additional 10% tariffs on imports from China as part of his day one White House plans.

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Future-Proofing Enterprise Commerce: Why Extensibility Wins with Shopify

Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón

Enterprise commerce is evolving fast, and brands relying on rigid, one-size-fits-all solutions risk losing agility. But modernization doesn’t have to mean disruption. In this webinar, we’ll explore how an extensible, modular approach empowers brands to integrate new capabilities, enhance performance, and scale efficiently—all while leveraging Shopify’s strengths.

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Will Trump Tariffs Spell the End of Temu, Shein in the U.S.?

Supply Chain Brain

Temu and Shein's viability in the U.S. could rely on whether Biden or Trump opt for meaningful changes to de minimis rules in the coming months.

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