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The AI advantage: Why procurement can’t afford to sit on the sidelines

Spend Matters

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. For years, procurement teams have been expected to do more with less while working with the same (or even fewer) resources.

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Agentic AI in Supply Chains: The Future of Decision Making

SCMDOJO

Agentic AI takes this a step further by enabling autonomous supply chain systems. They can proactively identify risks, optimize processes in real time, and even negotiate supplier contracts without human oversight. Automates restocking processes to maintain optimal inventory levels.

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Navigating the Future of Supply Chains: Insights & Procurement

Jaggaer

Opportunities for Procurement Technology As we look toward 2025, European businesses are reshaping their supply chains to navigate an increasingly complex global landscape. A recent report by Maersk and Reuters Events highlights that 68% of companies are making supply chain visibility and monitoring solutions a top priority.

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Adopting Supply Chain Efficiency Through Shopify CRM Integration

SCMDOJO

In particular, the integration of Shopify CRM, about which you may read here [link] , is turning out to be an important tactic for businesses that aspire to harmonize their supply chain operations with timely customer insight, personalized service, and elastic fulfillment. Check out this course by Vera Rozanova!

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Building Stronger Relationships: Effective Approaches to Multi-Tier Supplier Collaboration

Jaggaer

Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain. Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more.

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Episode 137: Using Visibility to Combat Supply Chain Abstraction with Frank Kenney

Una

EPISODE 137 Using Visibility to Combat Supply Chain Abstraction with Frank Kenney By Kelly Barner | October 18, 2023 In the race to build global empires of data and digital systems, today’s businesses must not risk forgetting what all of those zeroes and ones mean.

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Procurement and Sustainability are Your Yin and Yang!

Supply Chain Game Changer

Procurement and Sustainability are two disciplines and business functions that exist in a perfectly harmonious contradiction. Procurement is fundamentally centered around the act of acquisition and/or buying. CPOs “gave supply chain sustainability a ranking of 7.2 High-performing Procurement teams embrace Sustainability!