This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In this post, we’ll break down proven strategies to help you streamline processes, improve visibility, and take back control of your procurement stack. Modern procurement automation software helps companies to streamline repetitive tasks, improve cross-team collaboration, and improve visibility across every stage of the buying cycle.
Modern platforms unify the entire Source-to-Pay lifecycle, offering real-time visibility, integrated compliance controls, and advanced analytics across sourcing, contracts, and payments. It forms the foundation of digital procurement, enabling better spend visibility, improved compliance, and faster, more efficient operations.
Web Resources: [link] [link] [link] ADDED 2025 READING: Past M&A Hershey Case References Amplify Snack Brands (2017, $1.6B): Without integration, Hershey risked over- or under-ordering ingredients (e.g., The lack of end-to-end connectivity delayed efforts to streamline operations across its growing portfolio.
The series follows the methodology described in our Aligning Finance and Procurement in-depth guide , which offers a practical, structured approach to enhancing cash flow visibility, optimizing payment timing, reducing working capital risk and improving liquidity outcomes through closer collaboration between finance and procurement.
Opportunities for Procurement Technology As we look toward 2025, European businesses are reshaping their supply chains to navigate an increasingly complex global landscape. A recent report by Maersk and Reuters Events highlights that 68% of companies are making supply chain visibility and monitoring solutions a top priority.
.” Ask Chat GPT 4 simple questions, and then tell me why maps and quadrants and solution provider logos matter: What were the top 10 procuretech solutions in 1995, 2005, 2015, and 2025? Significance : Their tools helped organizations achieve greater visibility and control over their procurement processes.
Tech Modernization: Automates 70-80% of P2P tasks, cutting $15K-$400K in legacy waste and enhancing visibility across Chevrons operations. emissions, diversity) across the lifecycle, ensuring 95%+ compliance with EPA and EU rules, critical for Chevrons 2025 goals. Talent Enablement: Conversational AI simplifies workflows (e.g.,
His passion for enhancing supply chain efficiency through technology is complemented by deep expertise in managing end-to-end supply chain processes across various industries. 48.06] Why generative AI is the trend every supply chain professional should be thinking about in 2025. About 70% of the cost of goods sold is inventory.
AdaptOne could provide significant value to Byrne Dairy , a food and beverage company, by optimizing and digitizing its procurement operations particularly in supplier management , compliance tracking , and procurement workflow visibility. Here’s how: 1. We aim to improve supplier onboarding, ensure regulatory compliance (e.g.,
ANSWER #1 AdaptOne could provide significant value to Byrne Dairy , a food and beverage company, by optimizing and digitizing its procurement operations particularly in supplier management , compliance tracking , and procurement workflow visibility. Here’s how: 1.
The impending changes include connected, end-to-end, value chains, and more intelligent, automated, and autonomous distribution systems. Organizations, which are looking to automate their processes significantly by 2025, need to insist that major suppliers have clear strategies to ensure a seamless transition of the processes.
In just seven months, they revolutionised procurement, going live in January 2025. Challenge Solution Results Challenge Guide Dogs faced a pressing challengetheir ageing procurement system was nearing the end of its life and needed urgent replacement. Change wasnt just necessaryit was essential. As a charity, transparency was critical.
Business Model and Growth Funding: Raised $35 million in a Series B round in March 2025, led by Fin Capital and Vertex Ventures Southeast Asia and India, with participation from Point72 Ventures, Bertelsmann Investments, and others. Ensuring robust data privacy, end-to-end encryption, and compliance with global regulations (GDPR, CCPA, etc.)
The tariffs announced by the United States on April 2, 2025 have not only forced supply chain managers to reconsider where they source materials but even raise questions about where to locate production facilities. And cybersecurity threats against logistics companies and suppliers pose risks to data integrity and operations.
Designed to streamline and optimise the entire procurement process for businesses, it integrates advanced technologies such as artificial intelligence, machine learning and predictive analytics to provide end-to-end solutions for sourcing, supplier management, contract management, procurement and invoicing.
Ecosystem Orchestration: Agents align procurement with finance, logistics, and suppliers, ensuring end-to-end process coherence. Example: During the 2025 China tariff retaliation, agents rerouted $700M in coffee imports to Latin American suppliers, limiting cost hikes to 57%. “Are You Chasing Solutions or Solving Problems?
A CMP creates a single pane of glass (SPOG) that provides enterprise-wide visibility into multiple sources of information and data. According to a Gartner report (link resides outside ibm.com), almost two-thirds (65.9%) of enterprise IT spending will go toward Software-as-a-Service in 2025, up from 57.7% Google Workspace, Salesforce).
IBP requires cross functional alignment to eliminate silos, to achieve accountability for delivering strategic, financial and operational outcomes, and to enable scenario planning that provides forward visibility into the consequences and risks of decisions (Sorensen, 2020). Hatchet Books, Ney York. Sanders, N. & Wood, J.D.
This end-to-end workflow , typically managed by procurement and finance teams, ensures compliance, efficiency, and transparency across transactions. Supplier information stored in different systems rarely aligns, creating a lack of visibility across suppliers and spending that hinders strategic decision-making.
End-to-end transparency also makes it easier to identify points of wasted or lost resources. End-to-end visualizations When orchestrating processes, leaders must consider a holistic view of all execution. million Americans will work remotely by 2025. It offers end-to-end process automation and orchestration.
SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. SCaaS providers typically use advanced technologies like artificial intelligence, machine learning, and blockchain to improve visibility, traceability, and collaboration across the supply chain.
Business automation in 2025 has evolved from a competitive advantage to a strategic necessity. Key Trends in Business Automation in 2025 Hyperautomation : integration of various technologies to automate end-to-end processes, reducing the need for human intervention. What is BPM (Business Process Management)?
I conducted a preliminary review using the RAM 2025 4-Model Assessment Tool. This is where RAM 2025’s second-level AI self-learning algorithms come in. This is where RAM 2025’s second-level AI self-learning algorithms come in. I still have to run it through the second-level AI self-learning algorithm process.
Breaks down data silos, enabling holistic visibility and collaboration. Strategic Impact: End-to-End Transformation vs. Tactical Efficiency Metaprise : Transforms procurement into a strategic, revenue-driving function by aligning sourcing, risk management, and supplier innovation across the ecosystem. Zip, Tonkean). Agents (e.g.,
As we approach the end of Q1 of 2025, several key logistics trends are poised to significantly reshape the logistics landscape. As a result, sustainability initiatives are a strong driver of logistics trends for companies like Maersk in 2025, for instance, is utilizing a dual-fuel vessel that operates on green methanol.
YouTube, with its vast library of free content, has become a goldmine for professionals seeking to boost their knowledge, skills, and visibility in the field. What It Offers : The channel covers end-to-end supply chain topics, including cost reduction, customer service enhancement, and career-boosting strategies.
Welcome to the latest edition of “Logistics Viewpoints,” where we unravel the intricate web of supply chain and logistics news from the week of February 2nd-6th, 2025. In this ever-evolving industry, every twist and turn, every innovation and collaboration, shapes the way goods move from Point A to Point B.
Here Is Today’s Post There isnt a single, definitive survey providing an exact percentage of organizations leaning towards consolidating their ProcureTech stacks versus those who dont, specifically for 2025. Some organizations may prefer best-of-breed tools over unified stacks, as noted in Forbes (2025) on orchestration trends.
On February 26, 2025, a major client doubles their order due to a construction boom, needing 10,000 extra pump components by mid-March. SAP Integrated Business Planning (IBP) Approach : SAP IBP is a cloud-based, end-to-end planning suite integrating demand, supply, inventory, and logistics via SAPs HANA platform.
Download Free Copy Accounts Payable Outsourcing: What Is It and Pros and Cons Category Accounts Payable Written by Mary Girsch-Bock 20 min read Tags Accounts Payable AP Automation Last edited March 13, 2025 Download PDF KEY TAKEAWAYS Accounts payable outsourcing helps businesses streamline workflows, reduce costs, and improve financial accuracy.
We organize all of the trending information in your field so you don't have to. Join 69,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content