7 Trending Business Practices Disrupting Procurement!

Supply Chain Game Changer

7 KPIs Your Procurement Team May Be Ignoring! Organizations are ‘going carbon neutral by 2025’, and ‘implementing Artificially Intelligent business systems’ and ‘sourcing form solely environmentally friendly suppliers’. Procurement Transformation Delays – The Role of Personality!

The Future of Procurement Is Upon Us. Are You Ready?

ivalua

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read.

Future of Procurement Study Available

Supply Chain View from the Field

I recently completed a study of 25 CPO’s, each providing their view of what procurement will look like in 2025. Procurement has a history that is linked in the core concepts of centralization, volume leveraging, and cost reduction. These early insights dating back to the early roots of procurement evoke a situation that is still not uncommon to what we see today.

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How Does Procurement Create Value? Insights from CPO Speakers at Zycus Horizons Conference

Supply Chain View from the Field

In addition to the procurement executives, I also got to meet Captain Dick Phillips, the captain of note in the film “Captain Phillips” We had a chance to talk about his experience, and he also presented to the group about the incredible experience he went through. Chris Sawchuck from the Hackett Group interviewed three heads of procurement from three large companies, and asked an important question. Does procurement add to top line revenue.

A List of Must Read Procurement White Papers

Claritum

Claritum Article - Procurement Blog. Accenture discuss the problems faced by sourcing and procurement organizations who are under increasingly more pressure and are expected to do more with less funding.  Centralise or Devolve Procurement.  Procurement in 2025.

The Top 6 Supply Chain Trends to Watch in 2017

PLS Logistics

Industry Week reports that by 2025, global companies will have procurement managers based in China to source materials and services not only for their operations in that country, but for their entire organization. Globalization.

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Imagining the Supply Chain of the Future!

Supply Chain Game Changer

There are articles which describe what the future of Supply Chain will be like in 2020, 0r 2025, or even 2030. Planning, Procurement, Manufacturing, Logistics, Inventory Management and more are most often activities assigned to some internal organization. Subscribe Here! Email Address.

Duke Energy CEO Talks About Leadership

Supply Chain View from the Field

If we look out at 2025 and forward, environmental leadership is key, and Duke is committed to be as environmentally responsible as possible. ” Corporate Social Responsibility Emerging Issues in Supply Chain Energy Supply Chain Oil and Gas Procurement Supply Chain Economics Supply Chain Management Sustainability Lynn Good, Duke Energy’s CEO, spoke at NC State this week, and shared her many thoughts on leadership and transformation.

Packaging and the Road to a Circular Economy

EcoVadis

How the world develops and uses packaging will obviously play a key part in achieving all of these benefits, pushed forward by procurement teams. During our Sustain conference in April, Amcor presented its plan and pledge to have 100 percent recyclable packaging by 2025.

Blockchain for Bill of Lading – A Much Needed Update to the Traditional Bill of Lading for E-Commerce?

Cerasis

Use for transparency and traceability for buyers, marketplaces, sellers, and consumers, unifying the history of a product from procurement to end-users, as well as throughout returns, if necessary. By 2025, it will double in value and become a more significant portion of the overall retail picture. The opportunities within the use of blockchain for bill of lading in international trade, especially e-commerce, are significant.

The Top 6 Trends in Logistics Impacting Shippers in 2017

Cerasis

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. The election is over, but the race is just starting for logistics providers.

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Supply Chain Artificial Intelligence Offers Wisdom to Supply Chain Management

Cerasis

Preliminary estimates of the value and investment in artificial intelligence by 2025 range from $5 trillion to $7 trillion. If you compare these predictions, the estimated values indicate a sudden growth of 500 percent from 2019 to 2025 will probably occur.

Golden Results in the Supply Chain

EcoVadis

More than 600 CSR and procurement professionals, attended Sustain , the annual EcoVadis event dedicated to responsible purchasing earlier this year. Our 2025 Objectives.

Expert insights: An interview with entrepreneur & author Vivek Sood

DELMIA Quintiq

Supply Chain Management (SCM) is introduced to cut across the silos (procurement, production, transportation, sales, marketing) – to unify planning and control. in the 2020 – 2025 period. What are the key challenges facing companies today? How important is technology to companies?

What Is Planning?

Supply Chain Shaman

With the confusion on the SAP migration plan for 2025, more and more companies are in the market looking for solutions. There are natural processes that require tactical horizon for procurement buying and transportation sourcing, and Sales and Operations Planning. Cloud.

Transportation Network Modeling: A Powerful Tool in Greenhouse Gas Emissions Reduction Strategy

Talking Logistics

The USA says it intends to reduce emissions by 26-28 percent below its 2005 level by 2025 , trying hard for the upper limit. Companies need to be fully aware of global climate change conversations and how they will impact their supply chain in the near future.

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How Blockchain Can Improve Manufacturing In 2019

IQMS

The business value-add of blockchain will grow to slightly more than $176B by 2025, then exceed $3.1T by 2030 according to Gartner. Typical product recalls cost $8M, and many could be averted with improved track-and-traceability enabled by blockchain.

The Changing Landscape of Real Estate in the Logistics Industry

Logistics Bureau

This article delves into the changes that new commercial business models, customer expectations, and technology are bringing about in the logistics environment, focusing particularly on how those changes are impacting the planning, procurement, design, layout, and operation of distribution centres.

Sustainability, Social Responsibility and Automation

Claritum

Claritum Article - Procurement Blog. The first from a tax authority and the second from an institute: Sustainable Procurement. KFC has pledged that all its plastic-based packaging that reaches the consumer will be recoverable or reusable by 2025.

6 Manufacturing Trends to Watch Out for in 2016

Cerasis

A recent report by Frost & Sullivan, “The Future of Parts and Service Retailing in the Automotive Aftermarket” , predicts that by 2025, 10 to 15 percent of all global parts sales will be made online.

Three Reasons Why SAP Supply Chain Planning Is a Risk to Your Business

Supply Chain Shaman

Following a customer uproar the date was extended until 2025. Ariba, while mature for indirect procurement, is still not the preferred method for direct material management. As a result, I believe that SAP innovation will lag and SAP will play catch-up in 2025.

Sustain 2018: Now Is the Time to Change the Mindset and Embrace the Impossible

EcoVadis

More than 500 procurement and CSR professionals along with representatives of international organizations and NGOs gathered for EcoVadis’ annual conference in Paris on April 10-11 to collaborate, exchange best practices and discuss their shared vision for sustainable supply chains. .

Three Reasons Why SAP Supply Chain Planning Is a Risk to Your Business

Supply Chain Shaman

Following a customer uproar the date was extended until 2025. Ariba, while mature for indirect procurement, is still not the preferred method for direct material management. As a result, I believe that SAP innovation will lag and SAP will play catch-up in 2025.

Big Tech and Auto Battle for the World’s Cobalt Resources

Elementum

Cobalt demand will exceed supply by 42% in 2025 and 170% in 2030. Supply chain is not just about the procurement and transportation of goods from source to consumer. In 2006, lithium-ion batteries consumed only 20% of the global cobalt supply. Ten years later, that number has more than doubled. It’s expected that market demand for the metal will increase to more than 120,000 tonnes per year by 2020 — 60% of which will account for battery production alone.

Big Tech and Auto Battle for the World’s Cobalt Resources

Elementum

Cobalt demand will exceed supply by 42% in 2025 and 170% in 2030. Supply chain is not just about the procurement and transportation of goods from source to consumer. In 2006, lithium-ion batteries consumed only 20% of the global cobalt supply.

McDonald’s Supply Chain Challenge: Switching from Frozen to Fresh Burgers!

Supply Chain Game Changer

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Subscribe Here! Email Address. Blog post originally published at, and permission to publish here provided by, [link]. Check out KFC Ran Out of Chicken! What Supply Chain Lessons Can We Learn?

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Using the Bits: Building Digital Outside-In Processes

Supply Chain Shaman

At the conference I encouraged the attendees to network with each other, to build a guiding coalition, to redesign supply chain processes for the Supply Chain of 2025. Social. Mobile. Sensors. 3D printing. The Internet of Things. The list goes on and on.

Are You Active in the Digital Transformation Drinking Game?

Supply Chain Shaman

The 1610 SAP S/4 HANA release includes advancements in response management (allocation, ATP and order management) and procurement tracking and collaboration of purchase order workflows. Will it be supported through 2025? Today I attended the SAP Insider Conference. The theme?

Can Blockchain Unblock Supply Chain?

Supply Chain Game Changer

Some of the simple applications are: Procure Materials. Leading experts are predicting the Blockchain technology adoption to be in the following manner: (1) early adoption during 2016-2017 (2) Growth during 2018-2024 and (3) Maturity from 2025 and beyond. Subscribe Here! Email Address.

Nokia’s Johannes Giloth about bringing demand planning to board level

Supply Chain Movement

Nokia predicts that in 2025 the number of connected devices in the world will have risen from less that 10 billion today to around 50 billion. As senior vice president operations, I am the business owner of all operations from demand planning to execution, procurement to manufacturing.

Supply Chain and the Internet of Things – Towards New Paradigms

Logistics Bureau

IT vendor Intel suggests that by 2025, about 40% of IoT devices will be in the business and manufacturing sector. This data can be fed back to department store inventory management and procurement systems. Connectivity is a big deal for data and systems today.

3 Ways to Make Sense of Circular Economy

EcoVadis

And have reported on Amcor’s plan to have 100 recyclable packaging by 2025, which it is working to deliver through operational improvements, collaboration with suppliers and partners, including EcoVadis, and driving innovation through product design.

Top 25 Supply Chains of 2018

Material Handling & Logistics

To achieve that, the company is focusing on talent development; for instance, Nestlé’s procurement talent now reside in three regional hubs, allowing for economies of scale and standardization. Content Summary: Consumer goods producer Colgate-Palmolive has committed to 100% recyclability of its packaging and to have 25% recycled content in its plastic packaging by 2025.

Top 10 Companies with Best Corporate Responsibility Records

Material Handling & Logistics

They plan to produce/procure 35% of electricity from renewable sources by 2020 and aspire to power all facilities with renewable energy by 2050. In 2017 the company announced a new goal to restore 100% of its global water use by 2025.