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
Fragmented systems, rising cost pressures, and shifting risk profiles are making it harder than ever to manage procurement effectively. But what does it actually take to regain control and build a procurement strategy that’s both resilient and scalable? How do you begin developing a procurement strategy?
Fragmented systems, rising cost pressures, and shifting risk profiles are making it harder than ever to manage procurement effectively. But what does it actually take to regain control and build a procurement strategy that’s both resilient and scalable? How do you begin developing a procurement strategy?
SAP is embedding its generative Joule across the SAP Ariba source-to-pay solution portfolio to make it easier for their customers to manage routine inquiries, such as status updates, summarization, and frequently asked questions. The enterprise software company also announced a new analytics solution covering external workforce management.
To build an outside-in model, and use new forms of analytics, we must start the discussion with the question of, “what drives value?” ” Traditional planning models optimize functional processes to improve cost and customer service. You are right. This work was expensive.
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.
What Contractors Need to Streamline Procurement in 2025 By Ian Summers (pictured) Content Writer 111 Views You’re on-site before dawn, the framing crew’s ready, but the steel shipment’s stuck in limbo, the invoice isn’t approved, and your project management app just pinged you for the fourth time.
Companies often push aside procurement compliance to focus on more pressing issues. No wonder—procurement often gets tedious and burdened with time-consuming processes. However, ignoring procurement compliance is like ignoring a ticking time bomb. Scroll down to find out: What is procurement compliance?
What food and beverage companies need to know about tariffs: Lessons from Canada sharkins Fri, 05/16/2025 - 09:53 Tariffs have been a constant threat since the beginning of 2025, but one sector has felt the impact more immediately than most: consumer packaged goods.
listed B2B logistics platform provider e2open Parent Holdings for a reported $2.1 The Cloud -based e2open platform connects more than 500,000 manufacturing, logistics, channel, and distribution partners as one multi-enterprise network tracking over 18 billion transactions annually. WiseTech Announces $2.1
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?
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? As per Gartner’s Prestigious 2023 Market Guide for Analytics and Decision Intelligence Platforms in Supply Chain , ThroughPut AI was recognized as a leading vendor in this space.
China Announces Export Controls on Five Critical Minerals Proactive intelligence Alert February 12, 2025 On February 4, 2025, China announced it would restrict exports of five critical minerals: tungsten, tellurium, bismuth, indium, and molybdenum. China is the top producer of all five recently restricted metals.
Photo: iStock/South_agency July 2, 2025 Helen Atkinson, Managing Editor How does a retailer stay ahead of the dizzying number of factors that go into whether it can sell what it puts on the shelves at a profit? The promise of computational power plus AI means predictiveanalytics are the way forward, Petro says. AI can help.
Below are the individual web links and prime takeaway messages from each of our prior postings: Part One : Michael observed that standard sourcing solutions struggle to support direct materials sourcing because of specific challenges in legacy software design.
Industrial manufacturing supply chains operate in one of the more complex environments in recent memory. Variables like global disruptions, rising input costs, and increasing customer demands continue to challenge even the most sophisticated supply chains. This leaves planners guessing which risks are relevant and how to respond.
In 2025, the landscape of spare parts management is undergoing a seismic shift. The stakes have never been higher: unplanned downtime due to unavailable parts can cost organizations thousands of dollars per minute, erode customer trust, and disrupt critical operations.
Time to Start Preparing for the Digital Product Passport Photo: iStock.com/ Alexandros Michailidis June 16, 2025 Robert J. Bowman, SupplyChainBrain The European Union is on the verge of rolling out a reporting regulation that promises to have a huge impact on businesses selling into the region.
In 2025, efficient spare parts inventory management is no longer a competitive advantage — it’s a business necessity. Obsolete stock, fragmented procurement workflows, and disconnected data only make the challenge harder. Supplier Performance Ranking Assesses suppliers based on fulfillment capabilities and cost-efficiency.
Rising costs, supply chain chaos, and economic swings put businesses under enormous pressure to protect their margins. According to McKinsey & Company, procurement accounts for 50% to 80% of a company’s cost base. That’s why organizations zero in on strategies to achieve procurementcost reduction.
The Current Landscape “Manufacturing pessimism has spiked dramatically in April as industrial producers deal with changing tariff plans and try to assess how global trade policy will impact their costs and operations in the coming months.” The landscape is rather brighter in the emerging manufacturing superpowers.
In 2025, efficient spare parts inventory management is no longer a competitive advantage — it’s a business necessity. Obsolete stock, fragmented procurement workflows, and disconnected data only make the challenge harder. Supplier Performance Ranking Assesses suppliers based on fulfillment capabilities and cost-efficiency.
Oracle has announced new role-based agents that are being embedded into the Oracle Fusion Cloud SCM and Manufacturing software applications suite. Margin and risk resilience Procurement policy advisor : Helps procurement professionals increase the speed and accuracy of creating, processing, and fulfilling purchase requisitions.
Supply Chain Matters provides readers with December 2024, Q4-2024 , and year-end global supply chain assessments as reported by various global wide PMI reporting. At the end of 2024, global manufacturing activity levels remained at a state of contraction amid international trade volume declines. for December, down from a 50.0
In 2025, the landscape of spare parts management is undergoing a seismic shift. The stakes have never been higher: unplanned downtime due to unavailable parts can cost organizations thousands of dollars per minute, erode customer trust, and disrupt critical operations.
In 2025, we will likely see many supply chain organizations creating multi-purpose COEs that carry out several different processes. We now have about 75 people, including two category managers that lead IT sourcing and contingent workforce management. AI technologies may be very helpful in improving the efficiency of such processes.
The Ferrari Consulting and Research Group via its Supply Chain Matters blog revisits assumptions included in 2025predictions and how they are changing with ongoing developments. The December report included a caveat: Uncertainty looms over 2025 amid risks of trade tensions and ongoing geopolitical challenges.
economy the parties agreed to extend the existing labor contract through January 15, 2025. Some industry reports point out reluctance to route January 2025 import volume via east coast ports because of ongoing uncertainty. A published report by Business Broadcasting Network CNBC titled: U.S. Despite U.S.
Reported April 24 Over 60% of our business is from products that are manufactured, bagged, assembled or grown in the United States and only 12% of our business is direct imports. Recall, we purchased targeted additional inventory in late fiscal '25 and early fiscal '26, ahead of tariffs. billion to $1.6
In 2023, the National Institute of Standards and Technology (NIST) reported that 62% of organisations experienced a supply chain-related cyber incident. Open-Source Components A lot of IT tools are built on open-source code. The breach cost them over $120,000 in recovery costs and fines. The source?
49% That was the ownership share of product returns specialist Inmar Post-Purchase Solutions (IPPS), a joint venture between Doddle—a part of Blue Yonder—and Inmar, Inc. That was the downgraded forecast for US economic growth in 2025 as released Wednesday by the Federal Reserve Bank. prediction made in March.
manufacturers allocated $6.18 Equipment spending must reduce costs immediately while ensuring lasting returns. Evaluating total cost of ownership beyond the price tag Focusing solely on the upfront cost of industrial equipment can mask the true financial commitment required over its lifetime. In 2024, U.S.
The Supply Chain Matters blog provides observations and additional information perspectives related to the 2025 State of Logistics report. The report points to an upcoming period of high uncertainties along with the need to fundamentally rethink supply chain resilience as a strategic imperative. percent in other costs.
Jason Miller, Professor of Supply Chain Management at Michigan State University, clarifies the difference: “The bullwhip effect is the idea that the variance in orders becomes amplified as you move upstream in the supply chainfrom retailer to wholesaler, wholesaler to manufacturer, and so on.
CSRD already came into effect in January 2025, requiring large EU-based companies, and non-EU companies with significant operations in the EU, to begin disclosure based on 2024 data. Many companies may have already been reporting based on the Non-Financial Reporting Directive (NRFD), which CSRD replaces, or else on a voluntary basis.
They help manufacturers and distributors foster loyalty and encourage bulk purchasing. Automated systems also enable more consistent and timely reporting, allowing businesses to identify and address discrepancies quickly. Real-time reporting: Providing up-to-date insights for informed decision-making.
Top 10 Data Extraction Tools in 2025 By Rob Jackson (pictured) Content Writer 101 Views Let’s be real: in 2025, the phrase “data is the new oil” is about as fresh as a three-day-old cup of office coffee. The Rest of the Top 10 Data Extraction Tools in 2025 2. The right data extraction tool. Let’s dig in. minute breeze.
It also demystifies AI, making it more accessible to operations professionals who havent traditionally worked with advanced analytics. Program aimed at helping businesses unlock rapid results from their existing tech stack no new integrations, no delays, just immediately actionable insights for measurable outcomes.
per share in cash, a 68% premium value to unaffected share price DALLAS – May 25, 2025 – E2open Parent Holdings, Inc. Transaction details E2open and WiseTech will continue to operate as independent companies until the transaction closes, which is expected in the second half of calendar year 2025. Stockholders to receive $3.30
Updated: May 20, 2025 Published: November 2, 2022 Tariffs and Ongoing Trade Tensions Tariffs have been a constant topic of discussion due to the new U.S. tariffs, announced April 2nd, on imported goods is having significant repercussions across multiple industries, impacting manufacturers , suppliers and consumers.
It also demystifies AI, making it more accessible to operations professionals who haven’t traditionally worked with advanced analytics. Program aimed at helping businesses unlock rapid results from their existing tech stack – no new integrations, no delays, just immediately actionable insights for measurable outcomes.
Annual sales should smash through the 100,000 mark in 2025, building on more than 90,000 medium- and heavy-duty trucks sales made in 2024. The IEA forecasts that the purchase price of a battery electric HGV will be 15-35% cheaper by 2030 and a fuel cell truck 20-25%. They estimate that the TCO of a diesel truck in the U.S.
Things are going to start moving even faster in 2025 — and as a marketplace seller, it can be pretty difficult to keep up-to-date on Amazon’s evolving strategies and what they mean for your bottom line. That’s why we’re sharing our three key predictions for 2025 to help you plan for success in the year ahead. for standard items.
This is compounded by the fact that many raw materials are sourced from a limited number of suppliers and regions. Beyond the well-documented API sourcing problems, shortages in excipients, packaging materials (including vials and syringes), and electronic components for medical devices also contribute to delays.
Foxconn is reportedly investing $450 million in the property to build an AI server manufacturing facility, according to the Greater Houston Partnership, the largest chamber of commerce in the Houston area. Together, these developments are helping to position the city as a growing hub for advanced manufacturing and AI infrastructure.
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