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The current economic climate is beginning to slow down and moving towards recession. Supply chains are particularly vulnerable during recessions. Economic downturns can disrupt the flow of goods, increase operational costs, and reduce profit margins. These disruptions can occur due to decreased consumer demand, supplier instability, or logistical challenges.
Procurement is at a crossroads. The days of relying solely on traditional processes to manage suppliers, contracts and spend are quickly fading. Supply chains are more complex than ever, stakeholder expectations are soaring and the sheer volume of data that procurement teams must sift through is overwhelming. Trying to keep up without AI isnt just inefficient; its a competitive disadvantage.
MODEL #1 An agent-based model (ABM) within a Metaprise framework offers several advantages over an equation-based intake and orchestration model in procurement: 1. Handling Complexity and Adaptability: Agent-Based Model (ABM): ABMs simulate interactions of autonomous agents, capturing individual behaviors and their effects on the system. This approach effectively models complex, adaptive systems where agents learn and evolve over time.
We live in an era where time is one of the most valuable assets within any organization. Efficiency is no longer a competitive edge its a basic requirement to stay in the game. In this context, AI agents, in practice, are emerging as strategic allies not just for their automation capabilities, but for how intelligently they make decisions, learn, and adapt to different scenarios.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
Global supply chains have always been complexbut in todays climate of rising geopolitical tensions and evolving trade policies, theyve become even more unpredictable. Recent and proposed tariff changes are reshaping the landscape at a rapid speed, putting supply chain leaders on high alert and forcing businesses to rethink sourcing strategies, supplier relationships, and cost structures.
Note : this article was written between the reciprocal tariff announcement (last week) and yesterday’s announcement of a 90-day pause. During this pause, most countries and goods now see a 10% tariff increase across the board which, to some extent, simplifies tariff determination against origin and type of goods which, as a consequence, could also simplify paperwork.
With international commerce increasingly digitalized and customer requirements continuing to grow, the demands on supply chain professionals to create frictionless, responsive, and cost-effective operations have never been higher. Front and center in this revolution are the marriage of customer relationship management (CRM) software and capable e-commerce platforms like Shopify.
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
With international commerce increasingly digitalized and customer requirements continuing to grow, the demands on supply chain professionals to create frictionless, responsive, and cost-effective operations have never been higher. Front and center in this revolution are the marriage of customer relationship management (CRM) software and capable e-commerce platforms like Shopify.
Lets be honest maybe your current setup gets the job done. But what about when that spreadsheet decides to crash on deadline day? Or when updating your ERP requires a week of meetings and a team of consultants? You’re definitely not alone in feeling the drag and we’ll explain why you should give a chance to Advanced Financial Automation.
Estimating the cost for an average procurement professional to attend the five conferencesDigital Procurement World (DPW), ISM Annual Conference, Procurement Leaders (World Procurement Congress), SIG (Global Executive Summit), and Supply Chain Canada National Conferencerequires factoring in registration fees, travel, and accommodation expenses. MODEL #1 Assumptions Travel Base: Chicago, IL (central U.S., OHare hub), a reasonable midpoint for North American professionals.
We have seen the cognitive biases that make change difficult and attempts to implement it unsuccessful. We have not, however, dwelt long on how people react to change and how change management can ease the stress many experience during times of change. Let’s look at that now … This content is for members only. Visit the site and log in/register to read.
Ive spent my past decade immersed in the world of logistics and supply chain management, and have learned one thing: a warehouse is not just aplace that stores things, its…
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
The digital age has officially arrived in Human Resources. What used to be a patchwork of slow, manual tasks is now running on speed, accuracy, and personalizationthanks to AI Agents in HR. These intelligent tools are flipping the HR playbook, redefining how companies recruit, onboard, and support talent with a sharper, more human touch. Why Are AI Agents Gaining Traction in HR?
What's PLANERGY? Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. Learn more We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with PLANERGY.
EDITOR’S NOTE: Today’s post was inspired by a comment by Mathew Schultz in a LinkedIn discussion stream regarding my post: Which current ProcureTech solution providers recognize or champion an agent-based metaprisemodel? As a side note, here was my preliminary response to Mathew that prompted the comparison you are about to read: T he first thing that came to mind wasAmerican Express’ acquisition ofEyal Rosenberg’s amazing company,Nipendo.
Embracing the Future: How Manufacturing 4.0 is Transforming Industry What is Manufacturing 4.0? Also known as the Fourth Industrial Revolution, Manufacturing 4.0 integrates data with smart technology and automation to optimize production, supply chains, and create agility. With it, the pace of change in manufacturing is accelerating like never before.
The race to dominate AI is no longer about who has the smartest algorithms — it's about who can build and scale faster. Behind every AI breakthrough lies a battle for resources: data centers, compute hardware, power, and telecom infrastructure. And right now, even tech giants are hitting a wall. Our latest white paper reveals the six critical supply chain elements that are increasingly separating AI leaders from the rest.
What's PLANERGY? Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. Learn more We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with PLANERGY.
The adoption of an agent-based Metaprise model will significantly improve ProcureTech implementation success rates by addressing systemic inefficiencies, enhancing adaptability, and fostering ecosystem-wide collaboration. Heres a structured analysis of how and why this model drives better outcomes: 1. Enhanced Adaptability to Dynamic Environments Challenge : Traditional equation-based models fail to respond to real-time disruptions (e.g., supplier delays, demand spikes) due to rigid rules.
Revolutionizing Discrete and Smart Manufacturing with Advanced Automation and Data Insights Manufacturing: The Story So Far The first Industrial Revolution was above all a technological revolution, with innovations such as mechanized cotton spinning, coke-fired blast furnaces, steam engines and machine tools driving rapid change. Manufacturing has gone through a further three industrial revolutions, each of them also driven by technological change.
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.
Understanding how your Procurement and Supply Chain KPIs are performing isn’t just a nice-to-have; it’s essential for survival and growth. Are you truly getting the best value? Are materials arriving when needed? Is inventory bloating your costs? Too often, businesses operate on gut feel rather than hard data. But what if you could get a clear, birds-eye view of your core performance without investing in complex, expensive software?
EDITOR’S NOTE: This post is inspired by the following comment in a related discussion stream on LinkedIn: Conference Attendance: Past 20 Years Qualitative Trends Over 20 Years 20052010: Steady Early Growth Conferences like ISM World (founded earlier) and SIGs Procurement Technology Summit began formalizing procurement as a strategic function. Attendance likely grew modestly (e.g., hundreds to low thousands) as globalization increased supply chain complexity.
How MES is Shaping the Future of Manufacturing and Boosting Production Efficiency What is a Manufacturing Execution System (MES)? A manufacturing execution system (MES) is a comprehensive, dynamic software system that monitors, tracks, documents, and controls the process of manufacturing goodsfrom raw materials to finished products. An MES provides a functional layer between enterprise resource planning (ERP) and process control systems, giving decision-makers the data they need to make their
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
Fridays (in 2025) means that its time for another CPO Rising Listicle.Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help… The post CPO Rising Listicle: Cost of Capital Makes Procurement Valuable to the CFO in 5 Ways appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.
EDITORS NOTE: The following is based on the 4-Model Agent-based assessment tool that leverages the RAM 1998 to 2025 framework architecture. Below is a ranking of the top 10 ProcureTech should-cost solution providersGEP, Zycus, Ivalua, SAP Ariba, Coupa Software, Jaggaer, Keelvar, Lytica, ProPurchaser, and Archletacross three criteria: length of time in business, company size, and top reason for dealing with each one.
Choosing the Right ERP System for Manufacturing: Key Features to Consider Enterprise Resource Planning (ERP) is a cornerstone of modern manufacturing, bringing together core business functions to improve operational efficiency. While many manufacturers rely on ERP systems for procurement, these platforms are designed for broad business management rather than the intricate demands of sourcing, supplier collaboration, and cost control in a manufacturing environment.
Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón
Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how a composable approach helps modernize commerce stacks while maintaining control over critical systems.
CPO Rising’s Technology Round-Up series continues this week with fresh supply management technology news and updates covering a few recent major announcements. If you are a sourcing, procurement, or spend… The post Technology Round-Up April 9, 2025 appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.
In my March 27th post – 163,933 Procurement Professionals, A One-Question Poll, And One Willing ProcureTech SolutionProvider I asked the 163,933 members of James E. Martin’s Purchasing & Global Supply Chain Professionals group the following question: “If you have been part of a failed initiative, which of the following issues were the reason for the failure?
The Manufacturing Supply Chain Journey through AI and Automation Manufacturing Supply Chains Explained The manufacturing supply chain comprises all the processes a business uses to turn raw materials and components into final products that are ready to be sold to customers, whether these are consumers or other businesses. Supply chain processes include procurement from source to pay, together with inbound logistics, production, quality control, outbound logistics and post-sales service.
Tail spend — often unmanaged, fragmented and costly — can account for as much as 80% of total transaction volume. Without the right strategy, enterprises face hidden risks and unnecessary spend. It’s time to shift from fragmented, ad hoc purchasing to a strategic, technology-driven approach. Download this GEP-sponsored Everest Group research for insights on how your competitors are upping their tail spend management game.
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