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The logistics and supply chain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Businesses face heightened uncertainty in managing costs and securing stable energy supplies.
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?
As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. AI agents offer a smarter, faster way to manage sourcing, risk, and spend across the entire procurement lifecycle. What’s the technology behind autonomous procurement agents? You may also have heard of Agentic AI.
As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. AI agents offer a smarter, faster way to manage sourcing, risk, and spend across the entire procurement lifecycle. What’s the technology behind autonomous procurement agents? You may also have heard of Agentic AI.
Enterprise procurement teams face growing pressure to deliver strategic value – managing supplier risk, ensuring compliance, and supporting sustainability – all without sacrificing speed or control. This blog explores the most common challenges in digital procurement and the capabilities that matter most.
Today, in supply chain planning, this could not be further from reality. In May 2025, one in seven home-purchase agreements fell through resulting in the cancellation of 56,000 purchase contracts. Supply chain was defined in 1982 as interoperability between source, make and deliver. This bearish attitude is well-founded.
Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Think of them as apples and gearseach essential and effective on its own, yet when combined; they create a formidable mechanism for achieving procurement excellence.
” At that time, the sales organization used more point-of-sale data than their competitors, they had an impressive and innovative IT team, and their supply chain processes were what I considered best-in-class. This week, the organization reported that net sales decreased 2 percent to $19.5 Over time, as I watched, this changed.
The supply chain industry is in a process of change that is technologically induced. Billing is becoming quicker, more precise, and more accurate through the supply chain with the help of new technologies. Billing is becoming quicker, more precise, and more accurate through the supply chain with the help of new technologies.
Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred.
Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain. Enhancing collaboration pays off, both by increasing transparency with suppliers and improving the bottom line through multi-tier supply chain visibility.
Subscribe The Supply Chain Renaissance Has Begun! The supply chain industry faces a transformative era heading into 2025. If you want to know how these factors influence daily operations or redefine long-term strategies, read on for an insightful look at the future of supply chain management.
Businesses often use it in retail and purchasing. Category management isn’t just another procurement trend. It’s a way for companies to group similar goods or services (like IT infrastructure, facilities, or raw materials) and manage them holistically instead of handling every purchase in isolation.
Analytics and business intelligence (BI) are no longer optionaltheyre essential. They integrate, align, and activate data across the business to drive better, faster decisions unlike legacy reporting tools that can’t. Flexible Delivery Options Interactive dashboards, scheduled reports, alerts, mobile access, and more.
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.
Electric trucks glide silently along optimized delivery routes, significantly reducing fuel consumption and slashing carbon emissions. Regulatory Pressure: Growing demands for transparency and reporting due to regulatory requirements. Imagine a bustling logistics hubefficient, clean, and powered by renewable energy.
Thankfully, specialized route optimization software is available to streamline your logistics, eliminate driver frustrations, and significantly enhance your overall efficiency. Its strength lies in advanced route optimization, real-time tracking, and smart automation that scales with business needs. month No 4.5 month No 4.5
Financial forecasting has gone from a 'nice-to-have' to a must-have for procurement and financial planning teams. Forecasting involves analyzing revenue reports, sales data, cash flow, and expense statements. An accurate sales forecast helps the team align inventory and production with customer demand.
Watch our on-demand webinar to discover how procurement can lead the way in ESG and decarbonization, and learn from experts about driving sustainability transformation across your supply chain. Explore how JAGGAER helps procurement teams stay ahead of regulatory pressure with end-to-end transparency. So, a low threshold.
Supply Chain Digest Says. Click here to send us your comments Over the next five years, those leaders have top priorities around enhancing the customer experience with more service options, increasing automation and further digitalizing processes and offerings What is a supply executive to do?
Supply Chain Digest Says. Click here to send us your comments Just recently, Gartner itself did an interesting look at what supply chain execs were saying at the Orlando conference as well as a similar event in Europe. On sustainability, Gartner says that there was a notable difference between the North American and EMEA regions.
Supply Chain Digest Says. Click here to send us your comments Aronow observes that many supply chain organizations are perpetually chasing their commercial partners to engage and improve the demand forecast. Aronow says to start by investing in organizational storytelling skills. What do you say?
Or, we could look at the Gartner top 25 supply chains list. That famous ranking used to be released at a dinner the Gartner Supply Chain Executive Conference in May (now called the Supply Chain Symposium), but this year it was again released in a webinar a few weeks after the conference. Gilmore Says.
It also has huge implications across the GE global supply chain with regard to the management of their support and spare parts network. Just recently in Europe, such a business model has started, see here: [link] I am following with a lot of interest, how the business develops. What do you say?
Supply Chain Digest Says. In the first facility management was focused on controlling the workforce through individual metrics. It also has huge implications across the GE global supply chain with regard to the management of their support and spare parts network. That’s respect for people.” What do you say?
The on-going conflict creates risks to critical raw materials and the continued flow of finished goods, Garter says, requiring supply chains to conduct cost-benefit analyses of mitigation actions in partnership with finance leaders. Supply Chain Digest Says. Prepare CFOs for continued supply chain cost volatility 3.
Supply Chain Digest Says. The final pillar of defense against cargo theft involves collaboration with trusted partners to track threats and report incidents – which often doesn’t happen even in today’s environment. Financial performance metrics are valuable as they capture the economic consequences of business decisions.
Supply Chain Digest Says. Drewry notes that for a spot-rate shipper exporting or importing on the East-West routes will find that, on average, a container shipment’s cost can vary by about $1,400. It also has huge implications across the GE global supply chain with regard to the management of their support and spare parts network.
What I failed to do in any of those three columns was mention what in some ways may have been the biggest to news items: the retirements of sorts of Gartner analyst Dwight Klappich and groundbreaking, inaugural Gartner analyst, and famous inventor of the Three V’s of Supply Chain, Art Mesher.
Click here to send us your comments January New that supply chain software provider Logility will be acquired by Aptean. But according to a report on the data, US birth rates rose only for one demographic: Hispanic women. Here, my choices for the top or most interesting stories by month in the first half of the 2025: Gilmore Says.
This week we review the performance of supply chain stocks, and next week we will provide our popular take on the 1H 2025 in numbers and charts On to the stocks, I am ending my numbers with the closing bell on July 3. In early 2021, SCDigest re-launched this weekly supply chain and logistics stock market index. Gilmore Says.
Supply Chain Digest Says. Click here to send us your comments The Cass report showed May shipment volumes in the US were down 3.4%seasonally Click here to send us your comments The Cass report showed May shipment volumes in the US were down 3.4%seasonally In May, the Linehaul Index fell 0.5% month-over-month. in May from 0.9%
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. Again this year, Penske Logistics funded the report development. Somewhere along the way, CSCMP took over the sponsorship.
The company had to re-apply the labels in distribution, at enormous costs. Supply Chain Digest Says. If there are applications that demand the scanning of a wide variety of narrow elements, non-contact scanners may be required. What do you say? This can be a pleasant experience (it is most of the time) or controversial.
That was captured in the SOL report by the chart below, which shows uncertainty, as tracked by something called the Economic Policy Uncertainty Index from an organization of academics using the same name as the index. Source: State of Logstics Report 2025 May you live in interesting times, as the Chinese saying goes.
Fred Smith was the founder of FedEx, Supply Chain Digest Says. --FedEx employs over 500,000 people (370,000 in the U.S.) RIP Fred Smith, one of the most consequential figures in the history of supply chain. Financial performance metrics are valuable as they capture the economic consequences of business decisions.
There is no shortage of reporting tools, green fuel pilots or glossy ESG statements. It also has huge implications across the GE global supply chain with regard to the management of their support and spare parts network. Financial performance metrics are valuable as they capture the economic consequences of business decisions.
It also has huge implications across the GE global supply chain with regard to the management of their support and spare parts network. Just recently in Europe, such a business model has started, see here: [link] I am following with a lot of interest, how the business develops.
Supply Chain Digest Says. Another manager in the computers and electrics sector stated that: “Tariffs continue to cause confusion and uncertainty for long-term procurement decisions. reported in May (above 50 = rising prices), so prices rose again but at a somewhat smaller rate). a little up from 48.5 a little up from 48.5
The Trump tariffs “are reshaping global supply chains and injecting a high degree of uncertainty into capital investment decisions, causing delays. Companies are holding back on large-scale automation investments, wary of shifting trade policies and uncertainty over both their own costs and the fiscal health of customers and vendors.”
Supply Chain Digest Says. TuffAir’s site states that it plans to launch in the fall, “with high performance aircraft, lean operations and a scalable model to connect overlooked freight corridors across the Midwest. July 9, 2025 Ohio-based startup TuffAir has sued Amazon over claims related to intellectual property. What do you say?
Electric Charging Station Installs Soar in Q2 According to a report from Transport Topics this week, 703 high-speed, public charging stations opened in the US in the second quarter, the second-largest such infrastructure boom on record, according to Department of Energy data. Supply Chain Digest Says. What do you say?
In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. By aligning supply chain and procurement, spend can be considered more holistically.
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