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
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. How Do You Drive Value? Your next step?
While SAP has had procurementanalytics solutions, last year at Spend Connect Live, SAP announced the Spend Control Tower. Daniel Chapman, the senior director of process transformation for procure to pay at Warner Music, was a keynote speaker. This solution provides insights in a much easier way to digest.
Setting the Stage The National Retail Federation’s 2025 conference has unveiled a clear vision of retail’s future, where artificial intelligence, integrated planning solutions, and customer-centric approaches are reshaping the industry landscape. Here are the key insights we gathered firsthand at this year’s event.
In this type of environment, traditional procurement software and manual processes are insufficient – and many procurement teams are looking to artificial intelligence (AI) for answers. Key Takeaways Understand the potential impact of AI – including Generative AI & AI Agents – in procurement.
It’s time to shift from fragmented, ad hoc purchasing to a strategic, technology-driven approach. Tail spend — often unmanaged, fragmented and costly — can account for as much as 80% of total transaction volume. Without the right strategy, enterprises face hidden risks and unnecessary spend.
Enterprise procurement leaders are under more pressure than ever—juggling cost control, compliance, supplier risk, and internal complexity, all while trying to modernize outdated systems. AI, automation, and generative tools are redefining efficiency, allowing procurement teams to move from reactive to proactive decision-making.
Three months into 2025, we have seen a barrage of on-again, off-again tariffs that have supply chain and logistics teams reeling, as they must rethink everything from next weeks shipping route to their foundational network models. With the global e-commerce market predicted to reach $8.1 We were wrong. billion to $23.07
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.
Fast forward to 2025, and the pace has significantly slowed, with projected annual growth hovering around 6% —a stark contrast to the pandemic peak of 18–20%. According Descartes’ 2025 study How Smarter Delivery Wins Younger Consumers as Online Buying Slows , this age group has driven the most growth in ecommerce over the past year.
Descartes Announces Fiscal 2026 First Quarter Financial Results WATERLOO, Ontario and ATLANTA, Georgia, June 4, 2025 (GLOBE NEWSWIRE) – The Descartes Systems Group Inc. million in the first quarter of fiscal 2025 (Q1FY25) and up 1% from $167.5 Issuances of common shares, net of issuance costs 3.6 million, up 12% from $151.3
A majority of warehouses report labor shortages, and more than 50% cite this as a significant business challenge that is only worsening. Gaven Simon, Supply Chain analyst, has just completed the 2025 Market Analysis on WMS, and it is available for purchase.
The landscape of public sector procurement has undergone significant transformation in recent years, driven by advancements in technology, evolving regulatory frameworks, and an increasing emphasis on sustainability. Predictiveanalytics powered by ML helps organizations anticipate procurement trends and identify potential risks.
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.
” According to the latest Global Port Tracker report , a collaborative effort by the National Retail Federation (NRF) and maritime consultancy Hackett Associates, we’re about to see a significant surge in U.S.-bound However, this upbeat tempo is expected to slow down considerably as we head into the end of 2025.
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. A recent report by Maersk and Reuters Events highlights that 68% of companies are making supply chain visibility and monitoring solutions a top priority.
That was one of the primary conclusions of the annual logistics report released last week by the Council of Supply Chain Management Professionals (CSCMP) at a media briefing in New York. This year’s report was entitled “Navigating Through the Fog.” The CSCMP report puts an estimate on what it calls total U.S. billion last year.
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. goods were “ rapidly dropping.”
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.
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?
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.
This comprehensive guide explores the top route planning software of 2025, providing detailed insights into their key features, route quality, user ratings, and pricing to help you select the ideal solution tailored to your business needs. Complexity: OptimoRoute is packed with features, but that depth can come at a cost.
According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. There was a time when buying a computer was considered a once-in-a-decade purchase, if not once-in-a-lifetime. Globalization Will Become More Important in Everyday Decisions.
Suppliers are facing increasing pressure from the buyers of their goods and services to report their environmental, social, and governance data. Increasingly, companies will take sustainability criteria into account in their purchasing decisions. The data, which is reported on the EcoVadis platform, highlights the supplier’s emissions.
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.
Also, same-day delivery will reach a 25-percent market share by 2025. Analytics Will Drive Last Mile Logistics Costs Down. The amount of information coming from automated systems and smart technology can have another purpose when applied through analytics. trillion by 2018 as well. Drivers Become Merchants.
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.
Procurement Priorities for 2025 and Beyond The manufacturing industry is evolving rapidly, leaving Chief Procurement Officers (CPOs) grappling with challenges that could make or break their organizations. Amid economic uncertainties and geopolitical shifts, procurement leaders face mounting pressure to drive sustained growth.
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?
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.
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.
Uncertainty around federal and state policy changes poses a significant challenge for procurement leaders across all types of higher education institutions. Additionally, institutions must remain adaptable to changes in compliance requirements related to federal grant-funded purchases, sustainability mandates, or supplier diversity policies.
25, 2025 – Exiger , the market-leading supply chain and third-party risk AI company, is a top-ranked vendor in Spend Matters 2025 SolutionMap and TechMatchSM procurement technology rankings, which include over 100 procurement technology vendors. See membership comparisons and details here.
Rising software costs, lack of procurement oversight, compliance headaches, and clunky vendor management. Many organizations are discovering that without clear procurement software best practices, costs spiral, risks multiply, and efficiency stalls. Find Out More What Is Procurement Software? Sound familiar?
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. Exiger analyzed the HS Codes of the products included in the shipments.
In 2025, we will likely see many supply chain organizations creating multi-purpose COEs that carry out several different processes. They also perform P2P transactions, analytics studies, business intelligence, and other work. As the different activities of a COE mature, the degree of influence and control over activities becomes lower.
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
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.
More SKUs available from local warehouses could also mean quicker replenishment cycles parts that are purchased infrequently. In an article last year, it was reported that the time it takes to print things has decreased. Further, they believe they can scale to making their process 100 times faster by 2025.
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.
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 report, focused on identifying organizations that have best been able to integrate artificial intelligence into their established assortment solutions, is meant to provide both a glimpse into what the future of assortment planning will look like and who is leading the charge in growing and developing the new capabilities within it.
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.
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