What to know about supply chain resiliency and uncertainty in 2024
Supply Chain Dive
AUGUST 20, 2024
Industry experts weigh in on AI, the election and other topics impacting shippers at Industry Dive’s virtual Supply Chain Outlook event.
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Supply Chain Dive
AUGUST 20, 2024
Industry experts weigh in on AI, the election and other topics impacting shippers at Industry Dive’s virtual Supply Chain Outlook event.
Supply Chain Brain
AUGUST 4, 2024
The agreement, which came into force in February 2024, aims to facilitate closer cooperation among the 14 IPEF partners.
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Supply Chain Brain
JANUARY 23, 2024
Retailers and logistics companies run tight margins, and developing AI or AR systems in-house, from the ground up, is prohibitively expensive.
SCMDOJO
JANUARY 9, 2025
According to a McKinsey report, firms that develop strong supplier partnerships are 35% less likely to experience significant supply disruptions. Improving Cost and Quality Every decision in strategic sourcing impacts the total cost of ownership, the quality of goods or services, and supply chain resilience.
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. CFOs began to see procurement as critical to business continuity and organizational agility.
Supply Chain Brain
NOVEMBER 14, 2023
Corporate investment in inventory management tools and other supply chain solutions could be limited in 2024 by high financing costs and lower profits.
Planergy
MAY 8, 2025
In 2024, nearly 50% of teams were still wasting hours fixing spreadsheet errors and manually reconciling data.[4] In 2024, teams saw a 40% drop in manual workloads as a result of automationmomentum that continues to drive efficiency in 2025.[4] Real-time analytics tools introduced in 2024 are now widely adopted.
Procurement Insights
DECEMBER 3, 2024
C-suite executives are navigating a complex landscape of challenges in 2024. 2024 ) 30 What is the role of the new Agent-Based AI Operating Systems STAKEHOLDER (AGENT) 1 What are the top five concerns for Chief Procurement Officers? STAKEHOLDER (AGENT) 2 What are the top five concerns for C-Suite executives?
Arkestro
DECEMBER 26, 2024
According to Gartner , 50% of large global companies are expected to implement AI and advanced analytics in their supply chains in 2025. increase from 2024. Additionally, in 2025, global spending on digital transformation tools is projected to total $5.74 trillion , a 9.3% Subscribe to news from Arkestro.
Procurement Insights
APRIL 13, 2025
However, Hansens writings, including key posts like The GenAI Metaprise (Orchestration) and Operating System (Intake) Priority (Oct 11, 2024) and earlier discussions on the Metaprise model (e.g., cost efficiency, tariff resilience). This mirrors Hansens intake focus, where systems ingest commodity-specific inputs (2024 post,).
Arkestro
JANUARY 9, 2024
Resources / Blog / 4 Key Trends Reshaping Manufacturing Procurement in 2024 4 Key Trends Reshaping Manufacturing Procurement in 2024 The dust is settling after the upheaval of the pandemic, yet the manufacturing industry remains forever changed. So what’s in store for 2024? But the tides are shifting in 2024.
Procurement Insights
DECEMBER 1, 2023
What do supply chain resilience and adaptability really mean? An article with the answers from the supply chain and procurement community, featuring your voice too, will be published online at the beginning of 2024!
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. PwCs 2024 Digital Procurement Survey highlights the importance of this shift.
Arkestro
APRIL 2, 2024
Resources / Analyst Reports / Procurement 2024: BIG Trends and Predictions Procurement 2024: BIG Trends and Predictions Download Now Let's Talk By the end of 2024, new AI innovations will begin to significantly change all facets of supply management technology. But in 2024, the role has never been more important.
Arkestro
MAY 14, 2025
Through their investment, Altira Group and Aramco Ventures support Arkestro’s global growth efforts and recognizes its predictive procurement technology’s ability to reduce risk and enhance supply chain resilience. Learn more at www.arkestro.com.
Spend Matters
DECEMBER 28, 2023
Geopolitics becomes a procurement issue Supply chain resilience will assume new meaning, with geopolitical tension presenting a complex puzzle for any global business. Chief Procurement Officers will come under mounting pressure to accelerate supply chain reconfiguration efforts started during the pandemic.
Finale Inventory
AUGUST 28, 2024
Running a small business comes with its fair share of challenges, and 2024 has been no exception. This year, supply chain disruptions have posed significant obstacles for small business owners. Two main factors have played a major role in disrupting supply chains worldwide: global events and the pandemic.
HICX
JUNE 25, 2024
With supply chain resilience so critical to business success in today’s economy, it’s time this figure drops.” “Presently, 59% of suppliers struggle to do their best for major customers, compared with 61% in our previous study. This very minor improvement is concerning.
HICX
JUNE 26, 2024
(London, 27 June 2024) HICX is announcing its Voice of the Supplier Survey 2024. With supply chain resilience so critical to business success in today’s economy, it’s time this figure drops,” he explains. Keen to learn the state of affairs today, the Supplier Experience vendor set out to repeat the study.
Procurement Insights
APRIL 18, 2025
The following is a line graph demonstrating the volatility of the above MRO spare parts: Simulated Month-to-Month Price Volatility of Top 10 Volatile MRO Spare Parts (2024-2025) The line graph above demonstrates the high month-to-month price volatility for the top 10 most volatile MRO spare parts that mirror computer spare parts.
Supply Chain Game Changer
OCTOBER 8, 2020
Here are some interesting predictions from a reputable international research firm, IDC, which highlight key areas of technological applications regarding the impending digital revolution of the international supply chain. Digital Supply Chain Predictions.
TYA Suite
JULY 17, 2024
This blog explores the integration of both approaches to build an effective procurement strategy for 2024. Collaborating closely with key suppliers fosters innovation, reduces lead times, and enhances supply chain resilience. : Objectives should be specific, measurable, achievable, relevant, and time-bound (SMART).
Procurement Insights
OCTOBER 8, 2024
Here are the top 3 concerns likely to dominate the agenda for CPOs in 2025: Supply Chain Resilience and Risk Management Sustainability and ESG Compliance Supply Chain Visibility Conclusion: CPOs in 2025 will need to navigate a complex, fast-changing landscape shaped by technology, sustainability, and global uncertainty.
Una
JUNE 5, 2024
Building Resilient Supply Chains To Weather Any Storm What does building a resilient supply chain entail? By Hugo Britt | June 6, 2024 Search Search There are choppy seas ahead. Why Do We Need Supply Chain Visibility? Yemen Houthis are still causing havoc in the Red Sea. The lesson?
SCMDOJO
JULY 7, 2023
Encourage transparency, long-term partnerships, and joint problem-solving to enhance supply chain resilience and secure a reliable component supply. Flexibility and Scalability: Design supply chains that are flexible and scalable to adapt to changing market dynamics and demand fluctuations.
Arkestro
JUNE 4, 2025
According to a report from the Hackett Group, improving spend cost reduction was the top priority for CPOs in 2024. With the help of AI, procurement becomes a strategic driver of savings, supply chain resilience, and measurable business impact. Dont get left behind lead the transformation by going predictive.
Procurement Insights
MAY 25, 2024
” – Mintec, February 6th, 2024 What was your initial takeaway from reading the above Mintec comment about AI and its platform? True supply chain resilience and adaptability are all about access to timely and contextual data. We’re using AI to help power fundamentally new solutions.”
NLPA (Next Level Purchasing Association)
NOVEMBER 22, 2024
With the right tools and a solid plan, you can build a supply chain that doesn’t just survive disruptions—it thrives in spite of them. Why Supply Chain Disruptions Are Everyone’s Problem Picture this: Hurricane Helene slams into North Carolina in September 2024. Let’s dive into how. hospitals, is underwater.
EazyStock
APRIL 18, 2023
in 2024, these figures are still above pre-pandemic levels. Understand the resilience of your supply chain Supply chain resilience means managing day-to-day risk and having systems and processes to adapt to disruption in the supply chain. in 2023 and 4.3%
Procurement Insights
APRIL 24, 2025
Thank you for making us think or rethink what supply chain resilience really means: I wrote an article for The Procurement Italia magazine, which will be published on May 5th ( Micol Barba ). The article is titled “What 1930 Can Teach Us About Tariffs And Supply Chains In 2025.” Domestic capacity (e.g.,
Let's Talk Supply Chain
FEBRUARY 27, 2025
Organizations are adapting their strategies to navigate the challenges presented by unpredictable events,such as natural disasters,trade disputes,and pandemics.
Procurement Insights
MAY 7, 2025
. – Micol Barba, Editor in chief&Congress organizer WHAT 1930 CAN TEACH US ABOUT TARIFFS AND SUPPLY CHAINS IN 2025 There is an old saying that the more things change, the more they stay the same. Compared to the 1930 Smoot- Hawley Ta- riff Act, what will the likely outcome of the 2024 U.S. When it comes to the U.S.
NLPA (Next Level Purchasing Association)
NOVEMBER 26, 2024
The supply chain trends of 2024 have reshaped how businesses navigate challenges and embrace opportunities. As we wrap up the year, it’s clear the supply chain world isn’t slowing down. This digital shift is a key focus in the year’s supply chain trends.
Procurement Insights
MAY 31, 2025
supply chain resilience, ESG compliance) are sensitive to black swans, as disruptions like pandemics or trade wars impact supplier networks, costs, and net-zero goals (prior response). China trade tensions and Trumps 2024 campaign promises. Could raise consumer prices, disrupt Dukes supply chains (e.g.,
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