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

Spend Matters

In procurement, the infinite nature of deep supply chain mapping from raw material to end product is a practically textbook use case for AI. The continued emphasis on sustainability and ESG compliance has a huge influence on the need for procuretech. Many thanks to Prewave for sharing this insight with us.

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The Best Ways to Use Project Management to Build Resilient Supply Chains Amid Global Disruptions

SCMDOJO

A well-managed supply chain does not just survive crises it thrives in them. Why Project Management is Essential for Supply Chain Resilience The approach provides a structured approach to handling complex tasks, timelines, and resources.

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Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

Manufacturers have unique insight into the state of global inflation – they’re often hit earlier and harder than other industries by increasing overhead costs, from raw materials prices to wages. Consequently, staying on top of these financial trends gives manufacturers a critical edge in predicting their bottom line.

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Transform Your Supply Chain: The SCMDOJO Training Track

SCMDOJO

Inventory Management: Learn best practices for optimizing inventory levels to minimize costs, improve efficiency, and ensure product availability with this supply chain training track. Supply Chain Resilience: Learn how to design and manage a supply chain that can withstand disruptions and adapt to changing circumstances.

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Supplier Collaboration: Driving Innovation and Competitive Advantage

Jaggaer

Enhanced visibility into the extended supply chain When companies and their suppliers share data and insights, they gain a clearer understanding of the entire supply chain, from raw materials to finished products.

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3 ways collaboration can make supply chains more durable

Strategic Sourceror

Many of those supply chains remain in rough shape in a variety of respects, from raw materials being hard to come by to staffing shortages. As a recent survey from the National Federation of Independent Business found, close to 50% of small-business owners have more open jobs than they do workers.

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Procurement and Sustainability: A Harmonious Partnership for a Greener Future

Procurement Templates

Life cycle assessments (LCAs) evaluate the environmental effects of a product from raw material extraction to disposal. Here are some evaluation criteria to consider: Environmental Impact : Carbon Footprint : Evaluate suppliers’ efforts to reduce greenhouse gas emissions in their operations, transportation, and supply chain.