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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?
As supply chains become more interconnected and risks more dynamic, traditional procurementtools 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?
As supply chains become more interconnected and risks more dynamic, traditional procurementtools 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?
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?
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.
Strategic sourcing and innovative solutions are often viewed as two distinct procurementtools, 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. Click here!
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.
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.
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.
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.
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.
Thats why modern BI systems are quickly becoming the go-to solution for data-driven enterprises. They integrate, align, and activate data across the business to drive better, faster decisions unlike legacy reporting tools that can’t. BI Has Come a Long Way The concept of business intelligence has been around for decades.
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 procurement cost reduction.
Financial forecasting has gone from a 'nice-to-have' to a must-have for procurement and financial planning teams. A typical financial plan includes long-term and short-term objectives, strategies to reach them, and contingency plans for unexpected scenarios. Finally, what is financial forecasting? The only difference?
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.
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 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?
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.
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.
Julie Leonard Marketing Director, Inovity Posted on: Jun, 27 2016 Using the right tool for the right job has always been a best practice and one of the reasons, we feel, that RFID has never taken off in the DC as exponentially as pundits have been forecasting since 2006. Please check out my blogs on the subject at www.zipxpress.net.
Supply Chain Digest Says. Then they ask what should be done about the problem and ask employees why they have proposed one solution instead of another. This generally requires considering a range of solutions and collecting more evidence.) That’s respect for people.” What do you say? Do it your way and get on with it.”
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. Julie Leonard Marketing Director, Inovity Posted on: Jun, 27 2016 Using the right tool for the right job has always been a best practice and one of the reasons, we feel, that RFID has never taken off in the DC as exponentially as pundits have been forecasting since 2006. See More Bad News on US Cargo Theft.)
Supply Chain Digest Says. Drewry notes that transpacific rates from Asia to the US West Coast have been especially volatile in the last six months, in the context of tariff announcements and sudden changes in both capacity and demand.
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. April On what he calls Liberation Day, President Donald Trump publishes a wide schedule of tariffs on US imports from virtually every other country, creating supply chain chaos. What do you say?
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. Julie Leonard Marketing Director, Inovity Posted on: Jun, 27 2016 Using the right tool for the right job has always been a best practice and one of the reasons, we feel, that RFID has never taken off in the DC as exponentially as pundits have been forecasting since 2006. In May, the Linehaul Index fell 0.5%
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. CSCMP members can download a copy for no charge, and others can purchase one for a modest fee. With overall transport costs rising 8.7%
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. Excellent operator performance will be achieved with training sessions that emphasize CONFIDENCE building along with the use of tools like Data Identifiers or Application Identifiers.
Any F eedback on our Supply Chain Graphic of the Week? Julie Leonard Marketing Director, Inovity Posted on: Jun, 27 2016 Using the right tool for the right job has always been a best practice and one of the reasons, we feel, that RFID has never taken off in the DC as exponentially as pundits have been forecasting since 2006.
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. at over 5,000 facilities worldwide. --Its Its website processes 500 million package tracking requests each day.
He adds: “The emissions spike we’re seeing today is the result of years of underinvestment in meaningful, near-term solutions. There is no shortage of reporting tools, green fuel pilots or glossy ESG statements. The tools exist. What do you say? Not technologically. Not mentally.” The technology exists. The urgency exists.
That also led Klappich to recently define a new category of software, which Gartner calls a Multiagent Orchestration Platform (MAOP) for managing mobile robots in warehousing and manufacturing. ( Using the right tools to do the right job is important and SCM is heavily dependent on sophisticated ERP systems to get right real data info ASP.
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. a little up from 48.5 a little up from 48.5 a little up from 48.5 The situation remains too volatile to firmly put such plans into place.“
The Trump tariffs “are reshaping global supply chains and injecting a high degree of uncertainty into capital investment decisions, causing delays. Using the right tools to do the right job is important and SCM is heavily dependent on sophisticated ERP systems to get right real data info ASP. What is going on?
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?
Supply Chain Digest Says. Julie Leonard Marketing Director, Inovity Posted on: Jun, 27 2016 Using the right tool for the right job has always been a best practice and one of the reasons, we feel, that RFID has never taken off in the DC as exponentially as pundits have been forecasting since 2006. 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.
Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. . Accurate and timely reconciliation of purchase orders with receipts.
The premise of the Christensen’s book is that when companies focus on current customer needs, they fail to adopt new technologies or business models that will meet the customer’s unstated or future needs. As I whirl past the factories in the car, it makes me think about the adoption of supply chain planning.
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