2024

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The Missing Link: Procurement’s Critical Role in Maximizing Reverse Logistics Efficiency

Supply Chain Brain

When tech companies began offloading their reverse logistics businesses, industry giants with physical capabilities were waiting, eager to see if they could deploy those capabilities in-house.

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4 Challenges in Supply Chain Digitization and Solutions

All Things Supply Chain

In an era where technological advancements are necessary for staying competitive, the digitization of supply chains represents a pivotal shift in operational excellence.

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CPO Crunch: Hydrogen making its mark

Procurement Leaders

The concept of ‘energy transition’ fascinates me. It’s a simple phrase; one that rolls off the tongue and suggests a satisfyingly straightforward process – stop using one form of energy, start using another. Simple, clean, impactful. The reality, of course, is very different. Energy transition will be spectacularly difficult, messy and eye-wateringly expensive to achieve.

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14 Reasons Why Procurement Shouldn’t be in Charge of Valentines Day

Procurement Templates

Happy Valentines day, here is some procurement satire for February the 14th! Lack of Emotional Sensitivity: Procurement departments are typically focused on logistics, cost-effectiveness, and efficiency, which may not align with the emotional nuances and sentimentality of Valentine’s Day. Limited Creativity: Procurement professionals are trained to streamline processes and optimize resources, but they may lack the creativity needed to plan and execute romantic gestures and surprises effect

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GEP Spend Category Outlook Report 2025

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

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Nature’s Network: What Supply Chains Can Learn from Mushroom Mycelium

Supply Chain Queen

Beneath the surface of the forest floor lies a hidden marvel of nature—the mycelium network of mushrooms. This intricate web connects trees, plants, and other organisms, enabling them to exchange nutrients, information, and resources. Remarkably, this natural system operates with principles that can profoundly inform and improve human-engineered supply chains, particularly as we strive for.

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Remote work in Procurement

ABC of Procurement

We live in an era of Remote work. However, I rarely find remote procurement teams. Is there a real reason for it? The post Remote work in Procurement first appeared on ABC of Procurement.

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Consolidating the USPS Final Mile

Art of Procurement

Maybe it is because I grew up watching Mr. Rogers Neighborhood, but there is something about the United States Postal. The post Consolidating the USPS Final Mile appeared first on Art of Procurement.

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Spend Matters Future 5 2024: Why we chose True ValueHub

Spend Matters

Spend Matters is delighted to announce the 2024 roster for our ‘Future 5’ list. For the sixth year in a row, our analysts have highlighted five start-ups that excited them the most. This year, the five companies that have proven themselves as potential future trend setters are BlueBean , ivoflow, Covalyze, Halo Ai and True Value Hub. 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 applic

Buyers 101
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The Vital Role of Integration in Spend Management Solutions

ProcurePort

Integration serves as the cornerstone of effective spend management solutions, facilitating seamless connectivity across disparate systems and data sources. By enabling enhanced visibility and automation, integration empowers organizations to optimize spending, strengthen compliance, and drive strategic decision-making. The Role of Integration in Spend Management In today’s dynamic business landscape, organizations face increasing pressure to optimize […] The post The Vital Role of I

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Cultivating an AI Mindset: Smart Trust

Supply Chain Trend

AI is infiltrating our personal lives and the workplace, and soon will be everywhere and irreplaceable in everything you do. At home and in the workplace. Developing and cultivating an AI Mindset will become a must for the modern knowledge worker. In a series of short blogs, I will explore three elements of an AI mindset. In this blog, Trust. Granting Trust to AI Within seconds of meeting someone new, we unconsciously identify if we can trust this person.

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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'A Perfect Storm': Supply Chains Brace for Looming Strike at U.S. Ports

Supply Chain Brain

If East and Gulf Coast ports are forced to shut down, the U.S. could see inventory shortages, higher costs at grocery stores, and months-long container backlogs.

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The Challenge of Plastic Waste: A Global Crisis

All Things Supply Chain

For decades, plastic recycling has been riddled with complexities. Many plastic containers, especially those composed of multi-layered films, have traditionally been deemed unrecyclable.

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CPO Crunch: Follow the money

Procurement Leaders

“So, you’ve mapped Tier-2. Now what?” This was the deliberately optimistic title of a very recent CPO community call that explored just how far into the supply chain our members have visibility. As we know, having knowledge of who our suppliers are is one thing, but it’s quite another to have a good understanding of who our suppliers’ suppliers are – not to mention those even further beyond.

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What About Procurement Objectives?

Procurement Templates

It’s been a very long time since I’ve had to consider about procurement objectives. Here are some typical procurement objectives that every procurement professional should consider. Strategic Objectives Cost Savings: Achieve cost reduction targets through effective supplier negotiations and strategic sourcing. Savings can be cashable or non cashable i.e. cost avoidance.

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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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Navigating the New Climate Paradigm in Supply Chains

Supply Chain Queen

In a world where the climate is rapidly changing, traditional methods and strategies in supply chain management are being put to the test. The phrase "the farmer that blames the poor tractor" offers a poignant parallel to this situation. It speaks to the human tendency to blame tools or external factors for failures, without acknowledging.

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Ten steps to getting Procurement software for your Business

ABC of Procurement

Sooner or later, you will get the Budget to pick the next Procurement software for your Company. How to get the right one? The post Ten steps to getting Procurement software for your Business first appeared on ABC of Procurement.

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ILA rolls out strike mobilization plan

Supply Chain Dive

Union President Harold Daggett said there will "most definitely" be a strike if an agreement isn't reached by Sept. 30.

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2024 U.S. Presidential Election Special Series

Art of Procurement

There are two weeks to go until the 2024 U.S. Presidential Election. Interest, speculation, and tension have been building all. The post 2024 U.S. Presidential Election Special Series appeared first on Art of Procurement.

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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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Procurement transformation 2025: Why invest in procuretech and how to make the case – Kodiak Hub

Spend Matters

In readiness for our Q1 2025 theme of Procurement Transformation, which will include how to even start your digital journey, how to make the case for it, how to shape your digital roadmap and how to survive it, we have received input from some solution providers on their own customers journeys. Sam Jenks , Chief Revenue Officer at Kodiak Hub , shares what their customers are looking for from their digital procurement investment.

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Why should I opt for E-procurement?

ProcurePort

Businesses are always looking for ways to make their operations more efficient and save money in the fast-paced digital world. One such avenue that has gained significant traction in recent years is electronic procurement, commonly known as e-procurement. E-procurement uses digital tech to streamline the procurement process, from finding suppliers to buying and managing contracts. […] The post Why should I opt for E-procurement?

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Supply Chain 2025: When Visibility Isn’t enough

All Things Supply Chain

In today’s supply chain landscape, mere supply chain visibility isn’t enough for any business involved. And the reason is quite simple. Visibility alone cannot drive business value.

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AI’s Role in Construction and the Supply Chain

All Things Supply Chain

AI technology continues to take the world by storm with its innovative tools and revolutionary systems. Industries around the globe are reaping the benefits, including the construction supply chain.

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Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

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Mastering the Halloween Rush: Seasonal Inventory Tips

All Things Supply Chain

Last year, Halloween brought neighborhoods to life with lookalikes of Barbie, Spider-Man, and Indiana Jones lookalikes, all inspired by the year’s top trends.

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Navigating the Perfect Storm: How 2024’s Holiday Supply Chain Challenges Can Drive Innovation

All Things Supply Chain

As we head into the 2024 holiday season, the global supply chain faces a convergence of.

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Supply Chain Predictions for 2024

All Things Supply Chain

2023 was a whirlwind year for the supply chain industry.

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Why Cybercriminals Target The Freight Industry

All Things Supply Chain

The transport of goods across the sea and across countries requires an intricate network of data to effectively get items delivered by their due date.

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The Evolution of Control Towers to Command Centers

Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.

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How Supply Chain Resilience is Vital in Warehouse Management

All Things Supply Chain

Today, businesses are constantly navigating a dynamic landscape filled with unforeseen challenges.

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Why Is Supply Chain Visibility Critical for Effective Decision-Making?

All Things Supply Chain

Supply chain visibility is about knowing where things are at all times, from their sources to their final destinations. Various technologies can track goods in real time.

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The Impact of Electric Trucks in the European Supply Chain

All Things Supply Chain

Ever since the horse and cart was replaced by its motorised successor, the humble diesel truck has evolved each year to become an increasingly efficient machine, capable of carrying heavier…

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Tackling Child Labor in Global Supply Chains

All Things Supply Chain

Imagine walking into your local supermarket and picking up a bar of chocolate or a new smartphone without a second thought.

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GEP Outlook Report 2025

For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic