Sat.Oct 28, 2023 - Fri.Nov 03, 2023

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What is Procurement Sourcing?

ProcurePort

Procurement Sourcing Overview: Procurement sourcing is finding and choosing suppliers to get things an organization needs. It involves identifying, evaluating, negotiating, selecting, managing contracts, and maintaining supplier relationships. Importance and Strategies: Good procurement sourcing saves money, ensures quality, reduces risk, and allows for innovation.

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A Direct and Indirect Procurement Decoupling? My Response To A Great Post By Jason Busch.

Procurement Insights

Direct and indirect procurement have never looked more different. And I expect a decoupling of the two areas in 2024. I see a decoupling of direct and indirect on the horizon based on the evidence at hand — at least in the near term. – Jason Busch, LinkedIn Post (October 27th, 2023) My thoughts on the above. Great post, as usual, Jason Busch !

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Webinar — The future five and the future of procurement

Spend Matters

Tomorrow October 31, 11:00 a.m. EST, the Spend Matters analyst team will host a webinar ‘ Shaping the Future of Procurement : An Inside Look at the 10th Annual Spend Matters 50/50 Lists.’ Compiling these lists has been tricky, but now the team can treat all attendees with a glimpse of how the future of procurement is shaping up. A major focus will be on the methodology behind how the analysts determine which companies are worth watching and knowing.

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CobbleStone Software: Vendor Analysis — Sourcing, contract lifecycle management and e-procurement solution overview, roadmap, competitors, tech selection tips, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of CobbleStone Software and its sourcing, contract lifecycle management (CLM) and e-procurement solution. CobbleStone is best known for its end-to-end CLM for legal, procurement, sales and risk teams. Its AI system, VIDSOM®, is present throughout its modules. CobbleStone is a no-code solution that over 1,000 companies have chosen in its 25+ years.

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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 10 Most Needed Positions in the Global Supply Chain Today

All Things Supply Chain

The global supply chain is facing a labor shortage that has slowed down manufacturing and shipping times. As a result, prices continue to rise and economic stagnation has gotten worse.

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Ground parcel delivery costs fall as carriers offer up discounts

Supply Chain Dive

The pricing environment has shifted in favor of shippers with demand cooling off, according to the TD Cowen/AFS Freight Index.

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More Trending

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Key Features of Online Reverse Auction Software

ProcurePort

Cost savings and increased competition through real-time bidding and transparent processes. Streamlined procurement, improved supplier relationships, and data-driven decision-making for more efficient and effective sourcing. In today’s digital age, businesses are constantly seeking innovative ways to optimize their procurement processes. Online reverse auctions have emerged as a powerful tool in this regard.

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3 Quotes

Procurement Templates

3 Quotes Procurement Process: Smart Strategies for Success In today’s fiercely competitive business landscape, refining every step is essential for a company to maintain its competitive edge. In procurement, acquiring goods and services at the right price is fundamental. This is where the Three Quote Procurement Process comes in. This article will break it down for you, explaining what it is and the best ways to make it work for you.

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FedEx makes progress with AI to sharpen delivery time estimates

Supply Chain Dive

The logistics giant’s “deep learning models” incorporate weather and traffic conditions for more accurate projections, CEO Raj Subramaniam said at a CNBC event.

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Corporate Budgets Are Tightening. Where’s Supply Chain Spending Going Today?

Supply Chain Brain

With near-term consumer demand uncertain, and high interest rates likely to continue for some time, corporate belts are tightening. So what are companies spending money on today?

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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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What is the Competitive Advantage of Your Business?

ProcurePort

Competitive advantage is what sets your business apart from competitors and can take various forms, including cost leadership, differentiation, focus, innovation, and service excellence. Effective procurement practices play a vital role in gaining a competitive advantage by reducing costs, sourcing unique materials, focusing on niche markets, driving innovation, and building strong supplier relationships.

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Brooklyn Solutions: Vendor Analysis 2023 Addendum

Spend Matters

This addendum to the Spend Matters Vendor Analysis for Brooklyn Solutions (the new name of Brooklyn Vendor Assurance that we covered in 2021) focuses on the main changes at company and product levels. The supplier management solution (SxM) also offers considerable contract management depth due to its historical and unchanged focus on post-contract activities.

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How cities may decarbonize delivery in the era of online orders

Supply Chain Dive

A new action guide by the National League of Cities points to emerging policies and technologies to combat increasing air pollution, greenhouse gas emissions and traffic congestion.

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A Blind Spot in Shipping: The Unseen Environmental Cost

Supply Chain Brain

When consumers are informed about the carbon cost of shipping and the environmental impact of their choices, they are empowered to make decisions that align with their values.

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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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Navigating The Procurement Tech Landscape

Positive Purchasing

Written by Jonathan O’Brien , leading procurement expert and CEO of Positive Purchasing Ltd. Jonathan and his team work with global blue-chip organizations to help transform their procurement capability. With Chat GPT almost becoming mainstream now, tech development is moving so fast it could give you a nosebleed. Not to be outdone, here at Positive Purchasing, we have released Capella, a new world-leading digital tool to guide users to the optimum category strategy – so I thought it would

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Spend Matters Future 5 2023 – Why we chose Mithra.Ai

Spend Matters

Spend Matters is delighted to announce the 2023 roster for our ‘Future 5’ list. For the fifth year in a row, our analysts have highlighted five start-ups that excite them the most. This year, the five companies that have proven themselves as potential future trend setters are akirolabs, Calculum, dSilo, Mithra and ORO Labs. To warrant such attention, these vendors must have a product that is ideally 2 to 5 years old, is used by more than five customers and displays an innovative appl

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Walmart opens third ‘next gen’ fulfillment center in Texas

Supply Chain Dive

The 1.5 million square-foot facility in Lancaster, Texas will enable faster delivery as the retailer prepares for the holiday season.

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Supply Chain Jobs Program for Adults with Autism Completes First Year

Supply Chain Brain

The program has been so successful, the company intends to expand it, adding more participants over the next 12 months.

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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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Rethinking Logistics: The Future is Phygital

SCMR (Supply Chain Management Review)

Meeting the demands of a modern supply chain requires the integration of physical and digital strategies to enhance efficiency, cost flexibility, and sustainability, in other words, a phygital approach.

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SAP Spend Connect – See the bigger picture

Spend Matters

SAP held its annual Spend Connect conference (previously known as SAP Ariba Live) in Vienna, Austria from October 9 to 11, where they graciously hosted the Spend Matters team to get the latest on product announcements and catch up with clients and SAP executives (you can catch the “best of” follow-up here ). The event illuminated both the firm’s strategic intents and tactical efforts (e.g., GenAI).

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Maersk plans thousands of job reductions, says ocean market is ‘worsening’

Supply Chain Dive

Looking ahead, the company expects further headwinds as market conditions worsen, CEO Vincent Clerc said in an earnings call.

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Plastic in Logistics: Friend or Foe?

Supply Chain Brain

The role of plastic in logistics cannot be boiled down to "friend or foe." Instead, plastic should be seen as a dynamic material that requires continuous evaluation and improvement.

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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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Accenture Makes 2 Deals, Acquiring Reverse Logistics, Procurement Firms

SCMR (Supply Chain Management Review)

Accenture has made two acquisition announcements this week, announcing the intention to acquire procurement firm The Shelby Group and reverse logistics specialists OnProcess Technology.

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Spend Matters Future 5 2023 – Introducing Mithra

Spend Matters

The procurement technology market is evolving rapidly and deploying the latest power that innovation can bring to support the changing and challenging needs of its customers. In an ever-crowded space it’s hard for those who rely on these platforms and systems to keep ahead of the latest developments. For that reason, Spend Matters analysts make it their mission to scour the market to find those new solution providers that can fulfil a very specialist role to fulfill the procurement needs of toda

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Flexport buys Convoy’s tech stack, plans to relaunch truckload service

Supply Chain Dive

Convoy’s network of more than 80,000 carriers will help Flexport build out its nascent trucking services, CEO Ryan Petersen said.

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Outlooks in Logistics Management: How to Create Resilient Supply Chains in 2023

Supply Chain Brain

To navigate the year ahead, firms should act now to build policies, implement processes, and partner with third-party experts to create sustainable supply chain logistics and improved data processes.

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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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The history of Kubernetes

IBM Supply Chain Blog

When it comes to modern IT infrastructure, the role of Kubernetes —the open-source container orchestration platform that automates the deployment, management and scaling of containerized software applications (apps) and services—can’t be underestimated. According to a Cloud Native Computing Foundation (CNCF) report (link resides outside ibm.com), Kubernetes is the second largest open-source project in the world after Linux and the primary container orchestration tool for 71% of

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Top Trends in Procurement Services Likely to Become Popular in 2024

Procurement Freelancers

The field of procurement is evolving at a fast pace as we approach the new… The post Top Trends in Procurement Services Likely to Become Popular in 2024 first appeared on Procurement Blog | Procurement & Supply Chain News.

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Apple, Amazon, Nike and others back new push to decarbonize supply chains

Supply Chain Dive

The Clean Energy Procurement Academy uses the expertise of its founding members to help suppliers transition to renewable energy sources.

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The Supply Chain Disruption Survival Guide

Supply Chain Brain

This report delves into the crucial relationship between last mile delivery solutions and preparedness for potential supply chain disruptions, notably major carrier strikes.

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Brace for Impact. Unpredictable Tariff Disruptions Are Here––Your Playbook

Tariffs will have a major impact on your supply chain, margins, and operations. Drawing on our work with global companies across manufacturing, automotive, pharmaceuticals, semiconductors, software, technology, financial services, and a range of service industries, we outline the key strategic and tactical actions companies are taking to navigate this period of heightened uncertainty.