This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
For example, if I improve the cost structure in transportation, procurement, manufacturing and sales independently, what decision support framework decides the right trade-offs? I observe that organizations are unclear on outcomes and the definition of supply chain excellence. Supply chain excellence should be about driving value.
Ivalua NOW AMER 2025 in New Orleans was an event that exceeded all expectations, delivering an unforgettable experience for our thriving procurement community. This year’s theme focused on reshaping the procurement industry’s approach to innovation, tackling challenges, and uncovering fresh paths to success.
In this guide, we’ll break down everything you need to know about manufacturing ERP software in 2025. JD Edwards EnterpriseOne: This platform specializes in discrete manufacturing , excelling in areas like shop floor control, quality management, and detailed product costing.
Top 3 Procurement Technologies to Embrace in 2025 Staying ahead of key procurement technology and advancements is essential for CPOs who want to improve spend cost reduction, drive strategic value, and navigate the increasingly complex procurement landscape.
During the first week of June 2025, job cuts continued with 90,000 layoffs with iconic brands like Kimberly-Clark (1500-1900), Microsoft (6,000), P&G (7000), and Wal-Mart (1,500). In May 2025, one in seven home-purchase agreements fell through resulting in the cancellation of 56,000 purchase contracts.
Opportunities for Procurement Technology As we look toward 2025, European businesses are reshaping their supply chains to navigate an increasingly complex global landscape. This blog explores the key insights from the report and reflects on how procurement technology can be a game-changer in addressing these pressing priorities.
In 2025, the landscape of spare parts management is undergoing a seismic shift. The Evolving Role of Spare Parts Management in 2025 Shifting Priorities and Challenges Heads of Maintenance and Spare Parts Management: These leaders are under pressure to reduce costs, maximize asset uptime, and support sustainability goals.
In 2025, we will likely see many supply chain organizations creating multi-purpose COEs that carry out several different processes. If managers are tied up checking on purchase orders, supplier invoices, payments, and RFPs, they have little time to work on the more important cost-impactful work.
To help you optimize your search for the best supply chain management software in 2025. Which is the Best Supply Chain Management Software in 2025? What can you expect in this guide? Let’s jump right in! We’ve listed 14 best supply chain management software that come with their unique strengths.
Within this setup, an ERP procurement module helps companies make purchases and manage suppliers. Numbers speak louder: According to Procurement Tactics’ top procurement trends in 2025 , 83% of CPOs prioritize digitization. Keep reading to learn: What Is ERP in Procurement?
Featuring Our 12 Best Procurement Articles! Procurement drowning in data article and permission to publish here provided by Sam Jenks at kodiakrating.com. Meanwhile, 60% of procurement teams have no tools or rely primarily on improvised systems for Supplier Management. Is Procurement drowning in data? Subscribe Here!
Bottom Line : In 2021 and beyond, customers are voting with their dollars for the manufacturers who excel at sustainable manufacturing and make a positive contribution to the environment, dominating B2B supply chains and B2C purchasing decisions. of all North American manufacturers have a sustainability policy in place, and 8.3%
By infusing intelligence into every supply chain touchpoint—from sourcing to shelf—AI is driving operational excellence, customer satisfaction, and exponential growth. Cognitive Inventory Planning: AI continuously aligns procurement strategies with shifts in customer demand, promotional calendars, and macroeconomic conditions.
Financial forecasting has gone from a 'nice-to-have' to a must-have for procurement and financial planning teams. Some of these elements mirror the ones you’ll find in a regular procurement or cost management process. Then, according to the formula, the company is expected to earn $1,210,000 in 2025.
7 KPIs Your Procurement Team May Be Ignoring! But, when my mom was buying a new vehicle, she didn’t decide to scrap the vehicle from 1993 and purchase one from 1995. Procurement is a business function that has undergone a lot of change in the last few years. Subscribe Here! Email Address. She chose the hybrid route.
During Blue Yonder ICON 2021, I had the pleasure to speak with Johnny Ivanyi , the Global Head of Distribution Excellence of Bayer Crop Science, and Kishore Yarlagadda , Global Distribution Deployment Lead of Bayer Crop Science, for the session “Next Wave of Logistics and Distribution Transformation.” Past and Future Results.
trillion by 2025. Parallelly, expectations around the overall purchasing experience have also grown steeper. In the case of manufacturers, it means procuring raw materials that are responsibly sourced from the environment. Sales in the e-commerce sector globally, grew to $4.9 trillion in 2021, up from $4.2 About the Author.
Rated by the coverage and magnitude of impact, hereunder are four initiatives that are considered as major milestones of Hong Kong’s sustainability effort : Climate Action Plan 2030+, ESG Reporting as a Listing Rule under Stock Exchange Hong Kong (SEHK), Green Procurement Initiative by the Hong Kong Government, and. Climate Action Plan 2030+.
Improve Operational Efficiency and Eliminate Internal Complexity Through Digital Procurement From better spend visibility to reduced order times and more, can your organization afford to miss out on the benefits of digital procurement? “Any good procurement team needs access to reliable data.”
By: John Maher | March 13, 2025 | 5 min read Advanced Planning and Scheduling (APS) software can dramatically simplify daily life for production planners and schedulers tasked with creating and optimizing production plans. Procurement is responsible for getting the parts and raw materials to ensure the production plan can be carried out.
For companies struggling to prioritize or identify their overarching goals, SASB’s materiality matrix is another excellent starting place. Measure KPIs by a period of time —we will decrease C02 emissions by 50% in the four-year period from 2021 to 2025. How will you improve supplier buy-in? Struggling to choose?
For companies struggling to prioritize or identify their overarching goals, SASB’s materiality matrix is another excellent starting place. These goals fall into one of two primary types: Absolute goals , which only take KPIs into account—for example, reducing GHG emissions 30% by 2025. Secure Buy-In. Source: sasb.org.
In 2013 Nokia took full ownership of Nokia Siemens Networks, buying the other half of the venture from Siemens, and 2014 sold its handset business to Microsoft. Nokia is currently preparing for another major change, its purchase of Alcatel-Lucent, which is expected to close in Q1 2016. By Helen Armstrong. It’s a one-stop shop.”.
billion by 2025. ERP or enterprise resource planning is software companies use to automate core business processes and integrate their functions, such as accounting, project management, procurement, and supply chain operations, into a single system. But is an ERP solution worth the investment for your business ?
Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Given that McDonald’s buys an estimated 2% of the world’s beef every year, this shift is bigger than it might seem on paper. Email Address. Blog post originally published at, and permission to publish here provided by, [link].
Shoppers can now enjoy more personalised buying journeys, as merchants make it faster and easier to find the products that they’re most likely to purchase. Goods are being produced, procured, and delivered more efficiently with reduced costs. Artificial intelligence (AI) is changing the game for online businesses.
AI can automate workflows and free up precious time for more strategic tasks in financial departments, which are still reliant on endless Excel tabs. For example, AI anomaly detection helps procurement teams monitor expenses and flag transactions outside the established patterns. Automate invoice and purchase order creation.
Our look at the Top 25 (plus 4) Supply Chains of 2018 examines how the best companies in the world excel at managing their global supply chains. The company uses various digital tools throughout its supply chain in such areas as planning, purchasing analytics, smart factory and digital customer logistics. Printer-friendly version.
RFI procurement helps address it. So, if you're tired of being left on read by vendors, it's time to break down the RFI meaning in procurement on a deeper level, explore templates and real cases, and finally scale up your RFI process. RFI (Request for Information): Kicks off in the initial stages of procurement.
According to the French law on mobility , by 2025, one out of every twenty parking spaces must be equipped for electric vehicle charging. Rémi Lelarge, the Head of Procurement and Logistics at Electra, shared their story of building a comprehensive procurement process with Precoro.
billion by 2025, representing an increase of over 20% from 2018. Supplier Information Management (SIM), underpinned by MDM, is therefore leading the digital transformation in Procurement. A solution is to buy a workflow tool to overlay on top of the MDM platform, but again cost implications must be taken into account.
billion by 2025, representing an increase of over 20% from 2018. Supplier Information Management (SIM), underpinned by MDM, is therefore leading the digital transformation in Procurement. A solution is to buy a workflow tool to overlay on top of the MDM platform, but again cost implications must be taken into account.
Companies with advanced supply chain practices excel in delivering quality third-party logistics management, SKU optimization, efficient transport management, and swift handling of B2B/B2C shipments. Two fundamental questions arise: the definition of procurement outsourcing and the most efficient approach to its implementation.
From logistics and procurement to inventory management and digital transformation, theres a video for every niche. Each offers unique value, from practical tips to in-depth tutorials, helping you build the skills and confidence to excel. Topics Covered : Procurement strategies, contract negotiation, cost savings.
By bringing procurement and project management under one umbrella, businesses can streamline operations, speed delivery, and drive growth that lasts. This guide explores the benefits of project procurement management and outlines key steps for creating a Project Procurement Management Plan (PPMP) that drives business growth and innovation.
Achieving fresh food excellence Fresh food is a key differentiator for grocers as demand keeps growing for fruits, vegetables, deli items, meat and seafood. Ninety percent of consumers say buying fresh food makes them happy , as they equate these products with nutrition and health. A primary obstacle? In fact, a staggering 99.9%
Companies are prioritizing growth and expansion for 2025, but they struggle to balance margin improvements with new investments. This article explores the benefits and challenges of cost control and how procurement software can help bring your initiative to life.
of GDP The Council of Supply Chain Management Professionals (CSCMP) and partners Kearney and Penske Logistics are out last week with the 2025 State of Logistics Report, looking primarily at 2024 data. CSCMP members can download a copy for no charge, and others can purchase one for a modest fee. Gilmore Says. billion in 2023.
Commandment 9: Insist on User Friendliness Independent of the effort put forth to design a system, purchase hardware and develop software, the single biggest test of implementation occurs when an operator attempts to scan bar coded media. This can be a pleasant experience (it is most of the time) or controversial.
in 2024, and so far is trending toward another decline in 2025, Cass says, as carriers navigate the lousy freight environment. But Cass says that after the decline in 2024, freight rates are starting in 2025 on track for low- to mid-single-digit increases in 2025. After rising 13% in 2021 and 0.6% in 2023 and 4.1%
Let’s start with Klappich, who let it be known earlier in the year that 2025 would be his last at Gartner, but without a time frame. Mike Ledyard Vested Program Faculty, Vested Way / University ofTennessee Posted on: Aug, 04 2017 Excellent article. He cleared that up at the conference, saying the end date would be mid- to late-June.
Click here to send us your comments Gartners Dwight Klappich, retired last week, after announcing his plan to step down sometime in 2025 earlier in the year. Mike Ledyard Vested Program Faculty, Vested Way / University ofTennessee Posted on: Aug, 04 2017 Excellent article. What do you say?
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content