2024 Supply Chain Efficiency Supply chain resilience 
SCMDOJO
JANUARY 9, 2025
It involves a methodical approach aimed at developing long-term supplier relationships, mitigating risks, and improving overall cost efficiency. By fostering these relationships, businesses can ensure stable supply chains, consistent quality, and even access to supplier innovations. Click here!
Procurement Insights
JANUARY 3, 2025
2011 eWorld Video THE EVOLUTION OF THE CFO VIEW Between 2011 and 2024 , CFOs’ views of procurement have evolved significantly, reflecting changes in the business environment, technology, and organizational priorities. Emphasis shifted from pure cost savings to total cost of ownership (TCO) and value creation.
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Arkestro
DECEMBER 26, 2024
While these advancements have led to improved efficiency, cost savings, and enhanced strategies, theyve also made procurement processes more complex than ever before. Here are five key trends that will shape procurement and supply chain management in the coming year. increase from 2024. trillion , a 9.3%
Procurement Insights
DECEMBER 3, 2024
C-suite executives are navigating a complex landscape of challenges in 2024. Collaborative efforts between buyers and suppliers, along with better tools, education, and incentives, can help overcome these barriers and foster a more sustainable supply chain.
Planergy
MAY 8, 2025
5] Scalable Tools Handle Rising Demand: With 95% of organizations reporting increased procurement workloads, digital systems are helping teams scale, reduce cycle times, and handle complex supplier networks more efficiently. [4][5] In 2024, nearly 50% of teams were still wasting hours fixing spreadsheet errors and manually reconciling data.[4]
Jaggaer
FEBRUARY 28, 2025
However, the top three procurement challenges featured in the Hackett Group report demand immediate attention: slashing spending costs, securing supply chain resilience, and modernizing outdated operating models. Maintaining revenue and profitability depends on a resilient and adaptable supply chain.
SCMDOJO
JULY 7, 2023
However, this initial success was soon overshadowed by a series of setbacks and challenges that Rivian had to navigate through mainly related to supply chain and production. The production setbacks experienced by Rivian had a direct impact on its reputation and supply chain.
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