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Subscribe Digital Procurement Improves Supply Chain! The world is evolving rapidly. And so are your procurement responsibilities. Sometimes, unforeseen disruptions, whether a natural disaster or an internal planning issue, can throw your procurement process off course. Whether you’re running a startup or scaling an established business, procurement challenges are inevitable.
Indirect procurement is often overlooked in schools, leading to budget erosion from hidden costs, ad-hoc purchases, and limited oversight. While major expenses like curriculum and IT investments draw attention, it's the frequent, often low-value purchases (office supplies, maintenance and repairs, and services), that steadily add up. When purchasing decisions are spread across departments and employees, it’s easy to lose track of who’s buying what.
When does a purchase actually begin? For enterprise teams, it starts long before a vendor is selected or a PO is sent. A critical but often overlooked step in managing spend, enforcing policy, and gaining visibility across the procurement process, creating a purchase requisition is the first step in the process. Purchase requisitions are a foundational element of mature, well-governed procurement operations, and at Ivalua, we’ve helped global organizations turn this early-stage process into a po
Agile procurement – and the use of agile methodology in procurement decision-making – doesn’t get talked about enough. It’s time we took a closer look at what, why, and where it can be leveraged. Picture this: your organisation needs a complex new technology solution. Nobody can quite agree on exactly what it should look like.
Speaker: Jason Chester, Director, Product Management
In today’s manufacturing landscape, staying competitive means moving beyond reactive quality checks and toward real-time, data-driven process control. But what does true manufacturing process optimization look like—and why is it more urgent now than ever? Join Jason Chester in this new, thought-provoking session on how modern manufacturers are rethinking quality operations from the ground up.
I have been meaning to write this post for the last several weeks, as the number of new subscribers has been steadily increasing in recent months. To start, welcome to Procurement Insights! As the author and curator of what is often referred to as the “living archive and collective memory of the procurement industry,” I thought it would be a good opportunity to provide you with some background on one of the procurement industry’s first blogs.
A major portion of our Transformation Survival Guide focuses on how to ensure the adoption of the technology you have decided to implement. After all, if you invest heavily in a tool no one uses, all you have done is waste time and money — two things Procurement is constantly in short supply of. Most of the advice we have given tackles remembering that technology can only serve as a means and not an end , dealing with the psychological toll change brings and managing one’s relationship to one’s
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
A major portion of our Transformation Survival Guide focuses on how to ensure the adoption of the technology you have decided to implement. After all, if you invest heavily in a tool no one uses, all you have done is waste time and money — two things Procurement is constantly in short supply of. Most of the advice we have given tackles remembering that technology can only serve as a means and not an end , dealing with the psychological toll change brings and managing one’s relationship to one’s
Subscribe A Brief History of Harmonized Tariff Schedule (HTS) Codes! Freight and cargo tariffs are essential components of international trade, especially in a global hub like Dubai. Navigating these charges can be challenging for businesses, but understanding them is critical for cost-efficient shipping. This guide will break down the various elements of freight tariffs, providing insights into how businesses can manage and predict shipping costs more effectively.
Even with Cloudflare’s move, free access to information on the internet—a vast sea of information — will still be available. The differentiator, as it should be, is the expert filtering mechanisms that create context based on strand commonality, accessing deep and relevant archives. As Shira Yoskovitch once stated regarding Peloton’s misreading of the data that could have enabled them to avoid (or at least limit the impact) of the pandemic on their supply chain, having access to data
Supply Chain Planning Software Reduces Stockouts — but how exactly does it work behind the scenes to keep shelves stocked and customers happy? Is it just about better forecasting, or is there more to the story? From smarter inventory tracking to tighter supplier coordination, this technology transforms the way businesses respond to demand. Curious how it helps you stay one step ahead and avoid those costly empty shelves?
Product lead time is crucial in the life sciences industry and represents a key consideration for customers’ purchasing decisions. For this reason, BD Biosciences aimed to optimize its global supply and distribution network to reduce delivery lead time to customers and optimize its global inventory. How BD Biosciences was successful in reducing global distribution lead times between 30% and 60% in addition to: Increasing agility to prioritize urgent and ad-hoc customer requests Increasing global
As the UK’s cost of living crisis continues, and given its likelihood to grow in the current geopolitical landscape, the British public is looking for ways to save money. This is likely to feed interest in public spending, which means that regulators will be in the spotlight. Chief Procurement Officers (CPOs) lead the teams who manage public spending, and so, they too are under the microscope.
Unlocking Vendor Managed Inventory for Multi-Channel Success In today's commerce landscape, mid-market sellers juggling Amazon FBA, Shopify, and 3PL stock face unprecedented coordination challenges. Many are discovering that vendor managed inventory offers a compelling solution—shifting inventory responsibilities to suppliers while maintaining operational control.
In today’s fast-paced, cost-conscious business environment, procurement teams are under increasing pressure to reduce operational… The post Procurement Automation: Tools, Benefits, and Best Practices – PPT first appeared on Procurement Blog | Procurement & Supply Chain News.
The following is a screenshot of a great article by S. Mahmud Sagir, MBA, PMP, which you can (and should) access through the following link. His article brought to mind an old Procurement Insights post that I retrieved from the archives, which provides a great contextual timeline on the evolution of Global Value Chains, External Economies, and Cluster Development.
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
Skip to main content CONTINUE TO SITE ➞ Dont miss tomorrows supply chain industry news Let Supply Chain Dives free newsletter keep you informed, straight from your inbox. Daily Dive M-F Operations Weekly Every Tuesday Procurement Weekly Every Thursday Logistics Weekly Every Wednesday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy.
The Resilient Supply Chain! Passing Fad or Long Term Strategy? Supply chains are believed to be the backbone of your business operations. They’re fragile ecosystems that can lead to severe losses when a disruption occurs. This is mainly because the systems are interconnected. One slight change affects the process downstream. Supply chain disruptions are unpredictable but can be controlled.
Mastering the Reorder Point Formula for Inventory Success Running out of stock costs your business sales, but excess inventory ties up capital. The reorder point formula helps growing ecommerce and retail businesses know exactly when to place new orders for optimal inventory levels. This guide explains everything you need to calculate effective reorder points.
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Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
1. Why Strand Commonality Is Critical to the Hansen Fit Score What Is Strand Commonality? Strand Commonality is the principle—originating with Jon Hansen’s 1998 theory—that meaningful value and alignment in organizations arise when disparate data streams (“strands”) are linked, allowing for nuanced, cross-contextual insights. It emphasizes that actionable intelligence only emerges when what is decided at the top resonates (or is “echoed”) across different departments, layers, and systems t
Organize Your Business for Efficiency and Success! Supply chains might one of the most important elements in running any successful business. If your supply chain isn’t functioning correctly, then you can’t deliver goods to your customers on time, adhere to changing peaks in demand, or outshine the competition. Unfortunately, managing these environments in an efficient, consistent, and productive way is often easier said than done.
Understanding Periodic vs Perpetual Inventory: What's at Stake The choice between a periodic vs perpetual inventory system directly impacts profitability, cash flow, and customer satisfaction for retail and ecommerce businesses. This decision becomes increasingly critical as you expand across multiple sales channels. Periodic inventory relies on scheduled physical counts to update records, while perpetual inventory tracks stock in real-time with each transaction.
Skip to main content Dont miss tomorrows supply chain industry news Let Supply Chain Dives free newsletter keep you informed, straight from your inbox. Daily Dive M-F Operations Weekly Every Tuesday Procurement Weekly Every Thursday Logistics Weekly Every Wednesday By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Together, the DND and Virginia eVA case studies create a powerful dual validation for the Hansen Fit Score methodology: DND proves operational transformation through agent-based stakeholder ecosystem mapping Virginia eVA demonstrates scaling success through stakeholder collaboration and process-first thinking DND (1998) Dangerous Supply Chain Myths (Part 7) Enabling Technology Are you chasing solutions or solving problems?
Today I’m joined by a company that wants to transform the way your business moves: Pallet Alliance. Pallet Alliance is a strategic pallet management company that delivers procurement, logistics and pallet optimization solutions. With their holistic approach, Pallet Alliance aims to reduce your operational costs, streamline pallet spend and modernize the performance of your palletized program assets across your supply chain ecosystem.
Subscribe Use Your Small Business Credit Card Wisely Integrating corporate card usage with expense management software is critical for businesses looking to streamline financial processes. A corporate card allows employees to manage their work-related expenses directly, eliminating the need for manual reimbursements. At the same time, expense management software simplifies the tracking and reporting of these expenses, ensuring that every transaction is accurately recorded.
Supply Chain Disruption in 2025: Navigating Supply Chain Issues Supply chain issues have become the defining challenge for multichannel merchants in 2025. These disruptions translate directly to business pain: rising procurement costs, delayed order fulfillment, and lost Amazon Buy Box positioning when inventory becomes unreliable. For e-commerce brands, the consequences are immediate and severe.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
Overview ProcureTech selection and implementation services are offered by multiple leading methodologies and firms. Below is a structured comparison between the Hansen Fit Score with recalibration and similar offerings from Gartner , The Hackett Group , and Deloitte , focusing on how they evaluate, implement, and support ProcureTech solutions. 1. Purpose and Core Philosophy Hansen Fit Score & Recalibration Purpose-built for fit: Delivers a multidimensional, dynamic assessment of how well a
When it comes to procure-to-pay (P2P), even small inefficiencies can create costly delays. In high-volume manufacturing environments, cycle time bottlenecks can lead to missed discounts, delayed shipments, and strained supplier relationships. To talk about it, let’s take a practical approach and consider an illustrative example of a U.S.-based industrial manufacturer that applied a structured digital lean procure-to-pay initiative to change this scenario.
Subscribe Automation ROI, Tools and Productivity! Industrial businesses face rising demands to reduce expenses while boosting output. In 2024, U.S. manufacturers allocated $6.18 billion toward new machinery, a 1% increase from the previous year. This signals an urgent push to upgrade systems without overspending, and that’s a business killer. Equipment spending must reduce costs immediately while ensuring lasting returns.
Explore how a global manufacturing organization steadily advanced its supply chain maturity – starting with basic transportation management and evolving towards a fully integrated, optimization-driven planning approach. Get an inside look at a multi-year 4PL collaboration journey, culminating in the implementation of 4flow TORO to unlock the full potential of early optimization in material and transportation planning.
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