August, 2023

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Solving the procurement problem: Too many tools, not enough data

Spend Matters

Procurement professionals and IT leaders tasked with managing software procurement today can often only focus on the top 20% of vendors. Why? It’s a convergence of three main factors: lack of data, limited resources and inefficient tooling. SaaS and vendor management has become increasingly complex Procurement and IT are being inundated with software access, vendor intake and renewal requests.

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Sustainable Procurement: What it is and its Importance

SCMDOJO

Discover the power of sustainable procurement in enhancing supply chain resilience and brand reputation and learn about its importance.

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Trending Sources

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The 10 Biggest Shipping Companies in the World

All Things Supply Chain

The global economy relies heavily on the shipping industry, the backbone of international trade. A seamless and efficient supply chain is vital for the movement of goods across continents.

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The Importance of Investment in Ports for the Future of the Supply Chain

Supply Chain Brain

Healthy, modernized seaports are essential for the profitability of businesses and investors everywhere. Our new white paper answers these questions and details the areas of seaports where investments will bring the biggest payback.

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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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The Market Speaks: Procurement practitioner requirements and the tech vendor response — Simfoni

Spend Matters

Spend Matters constantly updates its understanding of the state of the procurement tech market via RFIs for our SolutionMap dataset, vendor interviews, global event attendance and product demos with the aim of keeping tech-selection decision makers ahead of market trends. But we also endeavor to grow our understanding of the wants and needs of the customers using that tech – the practitioners.

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The Big Interview with Fraser Macdonald

Procurement Heads

For Procurement Heads’ latest Big Interview, he spoke with  Sagar Bhardwaj  about his procurement career. How did you get into Procurement? My career in procurement started when I completed my apprenticeship in business and administration at 17, working within the local authority where I was part of the property management and investment team and was involved in the publication of pin notices, quick quotes and mini competitions.

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Porter’s five forces – practical use

ABC of Procurement

Procurement focuses either at their internal stakeholders or suppliers. But what are the forces that impact the economy, and market? There is a tool for it. The post Porter’s five forces – practical use first appeared on ABC of Procurement.

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Supply Chain Weekly Wrap-Up 08/18/2023-08/24/2023

All Things Supply Chain

Panama Canal delays causing unrest for Shippers The Panama Canal is currently facing disruptions due to low water levels and restrictions imposed to conserve water.

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How Amazon Shipping could shake up the parcel delivery industry

Supply Chain Dive

While not yet a heavy hitter against FedEx and UPS, experts say the service’s straightforward fees could entice small- and medium-sized businesses.

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Dodging the Urban Doom Loop

Art of Procurement

In the book “Good to Great,” Jim Collins wrote about the flywheel effect, a prosperous cycle of work and adjustment. The post Dodging the Urban Doom Loop appeared first on Art of Procurement.

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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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Top 10 reasons for implementing RFQ Software in Manufacturing

ProcurePort

In today’s manufacturing world, the competition is tough. Companies are constantly seeking innovative ways to reduce costs, increase efficiency, and streamline operations. One often overlooked but highly impactful area for optimization is the procurement process. By incorporating Request for Quote (RFQ) software, manufacturing companies can realize significant cost savings.

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2024 planning: Supporting growth by expanding strategic procurement and optimising operating models

Procurement Leaders

Under increased pressure to save money, CPOs are being asked to do more with less. With the emergence of ESG and resilience in recent years as top priorities alongside the function’s bread and butter of cost savings, teams must now simultaneously deliver on short- and long-term corporate goals while maintaining the maximum levels of operational efficiency.

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PODCAST

Procurement Templates

Procurement through the ages, introduction Procurement Unwrapped The post PODCAST appeared first on Procurement Templates.

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The 5 Largest Microchip Companies in the World

All Things Supply Chain

In the fast-paced world of technology, microchips are the unsung heroes that power our devices, from smartphones to self-driving cars.

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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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Inside Hershey’s $1B push to boost its supply chain capacity

Supply Chain Dive

The multi-year undertaking will allow the candy maker to balance existing capacity with future flexibility, an executive said.

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FUTURE HEADS: JOSEPH BROWN

Procurement Heads

For the latest of Procurement Heads‘ Futureheads series, Joe spoke to Matt Williment about his procurement career journey. What was it that lead you to pursue a career in Procurement? It was a complete off chance, I did a business degree then when I was at university, I decided to start filtering bits out that I wasn’t as particular in, stuff like; marketing, sales, finance that kind of thing and it left areas like supply chain, logistics and procurement so I thought I would go for that kind o

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Expert Advice – Selecting the Right Reverse Auction Software

ProcurePort

Evaluate Needs & Usability: Understand auction specifics and prioritize an intuitive, mobile-responsive platform. Prioritize Features & Security: Opt for software with essential tools like dynamic bidding and ensure robust data protection. Reverse auctions, a procurement strategy where suppliers compete to win business by lowering their prices, have become increasingly popular with Procurement Teams for saving […] The post Expert Advice – Selecting the Right Reverse Auction S

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The Importance of Transparent Supply Chains — and How to Achieve Them

Supply Chain Brain

The key to ensuring supply chain transparency is having access to product data that is consistent and of the highest quality.

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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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Analyst Eye on scanning the dark web

Spend Matters

Continuing our series of analyst observations on procurement tech market movements, this week we are considering the development of dark web monitoring as a tool in cyber supply chain risk management. “During a recent product demo,” Meena Ibrahim, Spend Matters Research Analyst, recalls, “a supplier intelligence provider mentioned its partnership with a platform that uses the dark web to uncover supply chain risk.

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Supply Chain Weekly Wrap-Up 08/11/2023-08/17/2023

All Things Supply Chain

EV battery imports from China now face scrutiny under US law The U.S.

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Norfolk Southern outage could lead to weeks of disruptions

Supply Chain Dive

The railroad is still investigating the cause of the Monday outage, but does not believe it was a cybersecurity incident.

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Defense Supply Chain Network for Naval Operations

The Network Effect

How the US Navy's NOSS (Naval Operational Supply System) solution will be more agile, responsive, and effective using a network approach.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.

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What is Supplier Management Software

ProcurePort

In today’s hyper-connected business landscape, managing suppliers effectively has never been more crucial. With increased globalization and businesses relying on a vast network of suppliers for their products and services, the efficiency of supplier relationships can make or break a company’s success. This is where Supplier Management Software (SMS) comes into play.

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MSC Signs Second Vessel-Sharing Agreement with ZIM

Supply Chain Brain

The agreement will involve five vessels of 6,700 TEUs each, with MSC managing three of the ships.

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Latest research: Purpose-driven procurement: Entering an age of holistic value

Procurement Leaders

In association with Ivalua: Leaders must rethink their priorities, metrics, and how they position procurement as the function becomes synonymous with ESG

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Supply Chain Weekly Wrap-Up 08/04/2023-08/10/2023

All Things Supply Chain

GM blames supplier for EV production delay General Motors (GM) CEO Mary Barra disclosed that issues with an automation equipment supplier have caused unforeseen delays in the company’s electric vehicle…

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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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Volkswagen revamps semiconductor sourcing as it eyes future supply

Supply Chain Dive

The move comes as microchips have become integral to the automaker's supply chain.

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Zivio: Vendor Analysis, 2023 Update — Services sourcing solution overview, competitors, tech selection tips, analyst summary

Spend Matters

In this Spend Matters Vendor Analysis Update, we give an updated overview of Zivio, a solution that helps organizations (buying organizations and MSPs) manage sourcing for complex services categories, such as legal, marketing or facilities management. Since we covered Zivio in 2020, Zivio has enhanced its core capabilities and introduced new features.

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Benefits of Implementing Procurement Software

ProcurePort

1. Greater Cost Savings Optimized Spend Analysis: One of the primary advantages of leveraging procurement technology is the potential for cost savings. Advanced systems analyze spending, ensuring every dollar is accounted for and purchases follow company policies and contracts. Discount Management: With procurement technology, companies can seamlessly track supplier discounts or promotional offers, ensuring they […] The post Benefits of Implementing Procurement Software appeared first on P

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FedEx Raising Customs Fees and Shipping Rates

Supply Chain Brain

FedEx shipping rates are expected to grow by an average of 5.9% for U.S. domestic, export and import services.

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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!