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Revolutionizing Procurement: Empowering Professionals with Procurement Tactics’ Price Tracker Tool!

Supply Chain Game Changer

Featuring Our 12 Best Procurement Articles! In today’s fast-evolving business world, staying ahead of the curve is not just a competitive edge but an absolute necessity. Recognizing this need, Procurement Tactics, a pioneering player in the procurement industry, has introduced its game-changing Price Tracker tool – an innovative solution that promises to reshape the way procurement professionals approach price monitoring.

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How AI in Strategic Sourcing improves effectiveness

Procurement Software

AI in strategic sourcing is relatively new. Whereas e-sourcing tools , on the other hand, have revolutionised procurement over the past two decades. However, these platforms have always had significant gaps. Some of the biggest challenges lie in the preparation work needed before launching an RFX event. Procurement teams spend countless hours on supplier onboarding, writing specifications, preparing documentation, and then setting up the tender in the platform.

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The 5 best purchase order (PO) software platforms in 2025

Fraxion

Manual POs. Disconnected approvals. No visibility into who’s spending or why. If this sounds familiar, it’s because too many companies are still relying on outdated procurement processes that can’t keep up with today’s pace of business. As teams scale, procurement needs evolve. What starts as simple need for requisition-to-PO automation and tracking often turns into a need for real-time budget control, compliance enforcement, and spend analytics.

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Future Purchasing’s KONGSBERG Maturity Assessment Case Study

Future Purchasing

Kongsberg maturity assessment Rob Anthony talks to Mark Webb and Matt Jones about how the Future Purchasing Maturity Assessment has improved the value category management brings to KONGSBERG The speakers: Rob Anthony SVP Global Supply Chain Kongsberg Maritime Rob Anthony is responsible for Global Supply Chain in Kongsberg Maritime and Kongsberg Gruppen Supply Chain for Indirect Procurement and Sustainability.

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Precision in Motion: Why Process Optimization Is the Future of Manufacturing

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.

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Solution Maps: From A Raging Sea Of Knowledge To A Peaceful Pond Of Actionable Insights

Procurement Insights

LEVEL 1 SOLUTION MAPS (KNOWLEDGE) LEVEL 2 SOLUTION MAPS (ACTIONABLE INSIGHTS) Based on the Enterprise Tech Map 2025 and Taxonomy documents, and applying the Hansen Fit Score (HFS) framework — which assesses semantic alignment, agent-based architecture compatibility, strand commonality integration, and implementation realism — here are the reclassified and regrouped ProcureTech solution providers in the revised HFS-aligned categories.

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Cultivating Procurement Excellence Through the Power of Negotiation!

Supply Chain Game Changer

The New Age of Negotiation! Negotiation skills are highly expected in lots of posts; it’s no wonder modern business finds employees with this ability to be the most valuable ones. Their proficiency in securing favourable terms, building strong relationships with vendors, and optimization of procurement processes has great influence on the overall success of the company.

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State of Supplier Management 2025 (Part 2): Driving Supplier Management Maturity Through Digital Transformation and Data Confidence

CPO Rising

Did you miss the recent webinar “Proactive Supplier Risk Management Requires a Solid Data Foundation, featuring Andrew Bartolini, founder and chief research officer for Ardent Partners, and William McNeill, VP,… The post State of Supplier Management 2025 (Part 2): Driving Supplier Management Maturity Through Digital Transformation and Data Confidence appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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Skills frameworks and assessments for Procurement: What they are, why they matter, and how they work

Future Purchasing

The skills required to succeed in procurement are evolving more rapidly than ever before. While foundational expertise in category, supplier, and contract management and sourcing remains important, it is no longer enough on its own. Today’s procurement professionals face a dynamic mix of rising business expectations, evolving regulatory demands, and rapid technological change, especially with the emergence of AI and digital tools.

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How Do You Reconcile Procurement Actions Beyond Internal And External ROI Silos?

Procurement Insights

INTERNAL STAKEHOLDERS Here is the Stakeholder Preference Chart, which shows which stakeholder groups prefer Multiplicative ROI (e.g., “x-fold” returns over short cycles) versus Cumulative ROI (e.g., long-term value compounding over time). EXTERNAL STAKEHOLDERS Here is the bar graph showing ROI preference by external stakeholder group , comparing preferences for multiplicative vs cumulative ROI lenses.

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What is a Pre-Shipment Inspection and Why is it Important?

Supply Chain Game Changer

Cross Country Shipping Guide: Everything You Need to Know! Before logistics providers send goods over to their destinations, they conduct a pre-shipment inspection. This might seem like a tedious or bureaucratic process if you need to send goods urgently, but a pre-shipment inspection is vital. According to industry research , shipping errors occur on 2% of the average merchant’s packages.

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Reducing Global Lead Times To Improve Customer Experience At Becton Dickinson

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

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What Restaurants Can Teach Us About Procurement & Supply Chain

Art of Procurement

Discover valuable procurement and supply chain lessons from Eleven Madison Park's journey to becoming the best restaurant in the world. Learn about systems, cost management, and exceptional customer service.

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State of Procurement (A Retrospective): Insights from the 2011 Agenda

CPO Rising

The role and strategic agenda of the chief procurement officer (CPO) have evolved over the past decade. In a new weekly series from Ardent Partners, we revisit what defined procurement… The post State of Procurement (A Retrospective): Insights from the 2011 Agenda appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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Infusing Intelligence into the Buying Journey: How Order Management Links Your Supply Chain

Supply Chain Brain

Advertise Contact Us Supplier Directory SCB YouTube About Us Login Subscribe Logout My Profile LOGISTICS Air Cargo All Logistics Facility Location Planning Freight Forwarding/Customs Brokerage Global Gateways Global Logistics Last Mile Delivery Logistics Outsourcing LTL/Truckload Services Ocean Transportation Parcel & Express Rail & Intermodal Reverse Logistics Service Parts Management Transportation & Distribution TECHNOLOGY All Technology Artificial Intelligence Cloud & On-Dema

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HFS vs Traditional Analyst Framework Explained in 4 Images

Procurement Insights

The chart above presents a side-by-side visual comparison of the Hansen Fit Score (HFS) with traditional analyst frameworks (Gartner, Deloitte, The Hackett Group, and McKinsey) across six critical evaluation criteria, synthesizing data from Procurement Insights. Key Takeaways: The most dramatic gap appears in “Supplier/Logistics Inclusion” and “Change Fatigue Sensitivity”—two areas tied directly to implementation friction and long-term success.

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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“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.

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7 Digital Tools Driving Efficiency in Overloaded Industries!

Supply Chain Game Changer

Subscribe What is the Digital Supply Chain? Industries managing overwhelming workloads, like logistics, healthcare, and manufacturing, constantly face challenges in keeping up with demand. Digital tools offer relief by simplifying processes and improving efficiency. From automating tasks to streamlining communication or equipment monitoring, these technologies transform how businesses handle volume.

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Procurement 6 – Aug 1st, 2025

Art of Procurement

Weekly insights and updates in procurement, delivered every Friday at 6am by the Art of Procurement team. Subscribe now for tips, news, and event summaries.

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State of Procurement (A Retrospective): Insights from the 2011 Agenda

CPO Rising

The role and strategic agenda of the chief procurement officer (CPO) have evolved over the past decade. In a new weekly series from Ardent Partners, we revisit what defined procurement… The post State of Procurement (A Retrospective): Insights from the 2011 Agenda appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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Your ERP Upgrade: Balancing Tech Adoption with Human Capital Priorities

Supply Chain Brain

In 2025, it’s surprising how many manufacturers and distributors still operate on decades-old enterprise resource planning systems, some even using obsolete “green screen” technology. Upgrading to a modern ERP is an essential step toward business agility, and a human capital investment as well as a technology decision. This article explores five key areas to help organizations strike the right balance during ERP implementation.

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Breaking The Commerce Bottleneck: Your SAP Exit Plan Starts Now

Speaker: Jason Cottrell and Gireesh Sahukar

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.

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Gartner Graphs vs Procurement Insights’ Graphs: Which Tells The Better Story

Procurement Insights

How effective are Gartner’s graphs and corresponding advice in addressing procurement and supply chain challenges in 2025 and beyond? So, I thought, why not tap into RAM 2025’s 6 Model, 5 Level assessment tool and see what it has to say? By the way, this is a Level 1 assessment. MODEL 2 Critical Examination The establishment narrative, embodied by Gartner’s $4.7B revenue (2023) and 14,000+ employees, positions its graphics as authoritative, leveraging complexity to signal expertise.

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How Customs Clearance Software Transforms Your Logistics!

Supply Chain Game Changer

Subscribe What is Customs Clearance and How Does it Work? If you’re active in the world of logistics and supply chain management, you know how complex customs clearance can be. Customs clearance software streamlines and automates these processes. It helps companies process customs documents, comply with regulations, and minimize border delays.

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Digital Infrastructure: The Hidden Backbone of Efficient Logistics

All Things Supply Chain

At a time when same-day deliveries, real-time tracking, and agile supply chains are becoming the norm, it is easy to focus on innovations such as automated warehouses, self-driving trucks, and…

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This ‘boring’ tariff strategy can make a huge difference, experts say

Supply Chain Dive

Manufacturers that audit their products for reclassification opportunities under the U.S. Harmonized Tariff Schedule are reaping significant cost savings, said Venky Ramesh of AlixPartners.

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How to Modernize Manufacturing Without Losing Control

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

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Tariffs Threaten to Raise Costs Across U.S. Manufacturing Sector

Supply Chain Brain

Of the 25 sectors of the U.S. economy identified as most affected by tariffs, 19 are in manufacturing, including automobiles, primary metals, chemicals, computers and electronics, machinery, and textiles.

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What Is The Drill Down Foundation For The New HFS ProcureTech Taxonomy?

Procurement Insights

Procurement Insights Blog – Enhanced HFS Analysis CRITICAL VALIDATION FROM PROCUREMENT INSIGHTS ARCHIVES Hansen Fit Score Framework Authenticity The Procurement Insights blog confirms that the Hansen Fit Score is not just a ranking—it’s a systemic compatibility model that reflects how real practitioners work, evolve, and align across data, processes, and AI augmentation.

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Shipping Container Tracking and Sustainability: How it Reduces Carbon Footprint!

Supply Chain Game Changer

Subscribe Shipping Containers! More than just a Box! (Infographic) International trade depends on shipping, with over 80% of goods elated by sea. While it supports the cheap shipping harms the environment. It produces about 1,000 million metric tons of carbon dioxide each year. This accounts for roughly 3% of worldwide emissions. The Global Maritime Group warns that emissions could surge by 50% by 2050 without significant action.

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Xero, Everything You Need to Know: Accounting & Inventory Management

Finale Inventory

Xero Accounting & Inventory Management – Common Questions Answered What Is Xero Used For? Xero is cloud-based accounting software designed for small to medium-sized businesses. It simplifies bookkeeping tasks like invoicing, bill payments, bank reconciliation, and basic inventory tracking. Ecommerce sellers and warehouse managers particularly benefit from using Xero because it integrates seamlessly with inventory management systems (IMS) like Finale Inventory , allowing automatic synchroniza

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From Basic to Brilliant: Early Optimization of Material and Transport Planning

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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Supply chain management programs are undergoing a digital makeover

Supply Chain Dive

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.

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Navigating Trade Volatility: Finding Financial Resilience in Today’s Supply Chain

Supply Chain Brain

Following the 2016 Trade Facilitation and Trade Enforcement Act (TFTEA), duty drawback has become more accessible, yet its complexity still presents barriers. The paper outlines key types of drawback claims and emphasizes how digital transformation efforts—already critical for broader supply chain optimization—can also support successful drawback implementation.

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The Hansen Fit Score Through The Eyes Of The IT Department And Why MSP Matters To Procurement

Procurement Insights

EDITOR’S NOTE: Luis Lima is a seasoned industry veteran recognized as one of the top IT services experts in Canada. In today’s post, I share with you an excerpt from his recent article on Managed Service Provider (MSP) performance, followed by an explanation of how it impacts an organization’s procurement and supply chain practices. “Why Canadian Businesses Are Secretly (and Not-So-Secretly) Frustrated with Their MSPs” Author : Luis Lima, CRO @ Zonal ASD Date : July

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Applying Bankroll Management Strategies to Supply Chain: Optimizing Resources and Mitigating Risks!

Supply Chain Game Changer

Subscribe What are Payroll Services and Can They Transform Supply Chain? Relating bankroll management strategies in sports betting and casino games to supply chain management does bring about some interesting parallels, as both deal with the optimisation of one’s resources, minimizing risks, and maximizing returns. Herein shows how the concepts align and can provide insights across fields.

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How Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform

Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.