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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?
Their copilot-style solution is known as Joule. 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. It is a brilliant tool.”
Each supply chain planning technology at the end of 2024, went through disruption–change in CEO, business model shift, layoffs, re-platforming and acquisitions. Sorting through this to make a decision on a new planning solution at this time is tough. My advice? You are right. Or the use of AI to improve supply chain planning.
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than ever—juggling cost control, compliance, supplier risk, and internal complexity, all while trying to modernize outdated systems.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.
In this type of environment, traditional procurementsoftware 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.
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.
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.
With ongoing advancements in artificial intelligence and robotics, WMS solutions are broadening their capabilities. As online e-commerce giants like Shein, Amazon, and Temu continue to expand, customers will expect lightning-fast delivery and service, necessitating that WMS solutions scale with demand.
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.
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.
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.
CAGR , the global supply chain management software market is expected to touch USD 50 billion by 2032. This one figure speaks volumes about how organizations worldwide want access to the best supply chain management tools to boost efficiency and value in their distribution and logistics network. Growing at an overwhelming rate of 11.1%
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. This is where software steps in. What is Spare Parts Inventory Management Software?
Descartes Announces Fiscal 2026 First Quarter Financial Results WATERLOO, Ontario and ATLANTA, Georgia, June 4, 2025 (GLOBE NEWSWIRE) – The Descartes Systems Group Inc. We continue to see strong interest in our domain expertise and our solutions to help companies navigate the complex trade landscape. million, up 12% from $151.3
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?
Billion Acquisition of e2open Australia based logistics software provider WiseTech, developer of logistics execution software CargoWise , announced an agreement to acquire U.S. listed B2B logistics platform provider e2open Parent Holdings for a reported $2.1 WiseTech Announces $2.1 million in total revenues, a decline of 4.8
Global market researcher Interact Analysis released a report in January predicting growth in the mobile robotics market would dip by 18% over the next two years. The MHI reportpredicts robotics and automation will jump from 41% of supply chain leaders using it today to 83% adopting it over the next five years.
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?
Streamline Your Route Planning Process Daily route planning can quickly become overwhelming, especially if you’re managing delivery routes using spreadsheets, manual methods, or basic mapping tools. Top 10 Route Planning SoftwareSolutions: Overview Here’s a quick comparison of the top route planning softwaresolutions in 2025.
” 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.
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.”
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.
Rising softwarecosts, lack of procurement oversight, compliance headaches, and clunky vendor management. Many organizations are discovering that without clear procurementsoftware best practices, costs spiral, risks multiply, and efficiency stalls. Find Out More What Is ProcurementSoftware?
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.
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.
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.
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.
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.
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.
The supply chain industry faces a transformative era heading into 2025. E-Commerce Fulfillment Trends Shaping Supply Chains in 2025 E-commerce continues to dominate retail, placing fulfillment services at the heart of supply chain innovation. Subscribe The Supply Chain Renaissance Has Begun!
In 2025, rising costs in the delivery business, tighter delivery windows, and growing customer expectations mean that “good enough” directions from a free app like google maps just don’t cut it anymore. Ratings pulled from G2 spring 2025 grid for our delivery service. Upper Ease of use 500-stop import, clean UI $120/mo No 4.6
As more consumers flock to e-commerce, purchasing big & bulky goods such as furniture, appliances, and wholesale electronics online is becoming more common. The trend of purchasing big & bulky items online will continue to grow, with Statista predicting 35% of furniture sales worldwide will be made online by 2025.
The ThroughPut Catalyst Program directly addresses the common hurdles organizations face when attempting to digitalize their supply chain processes, such as financial constraints and tool fatigue. It also demystifies AI, making it more accessible to operations professionals who havent traditionally worked with advanced analytics.
<Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supply chain planning software. They center on how to make a good decision in the purchase of supply chain planning solutions. Most have purchasedsoftware, but are dependent on Excel spreadsheets.
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.
It’s for this reason that Blue Yonder is proud to be named as a Leader in the IDC MarketScape: Worldwide AI-Driven Assortment Planning Solutions Vendor Assessment (Document #US52038124e). Prior engaged partners help customers discover and deliver product capabilities with relevant functions and an integrated solution.
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, 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.
To call todays supply chain environment high pressure feels like the understatement of 2025. At the same time, companies have been forced to pull forward inventory purchases, creating a squeeze where carrying costs are up while cash flow is tight. Facilities can scale operations around the clock without adding headcount.
In todays complex and often volatile global environment, procurement leaders face mounting pressure to cut sourcing costs while navigating geopolitical instability, inflation, tariffs and talent shortages. When I started working with KION five years ago, they faced fragmented procurement processes across regions. His takeaway?
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