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This guide breaks down the key procurement technologies in use today and the trends reshaping the future, such as AI-driven sourcing, predictive risk management, and deeper integration across the supplychain. Your procurement technology platform should help unify data and processes across tiers to avoid disruptions.
Ivalua NOW AMER 2025 in New Orleans was an event that exceeded all expectations, delivering an unforgettable experience for our thriving procurement community. As always, a special thank you to our 2025 Partner sponsors! We came, we connected, and we conquered! Brent Griffith Day 2: More Keynotes, Sessions, and Silent Demos!
In readiness for our Q1 2025 theme of Procurement Transformation, which will include how to even start your digital journey, how to make the case for it, how to shape your digital roadmap and how to survive it, we have received input from some solution providers on their own customers journeys.
In readiness for our Q1 2025 theme of Procurement Transformation, which will include how to even start your digital journey, how to make the case for it, how to shape your digital roadmap and how to survive it, we have received input from some solution providers on their own customers journeys.
In readiness for our Q1 2025 theme of Procurement Transformation, which will include how to even start your digital journey, how to make the case for it, how to shape your digital roadmap and how to survive it, we have received input from some solution providers on their own customers journeys.
Hansens ProcureTech solution, RAM (short for “Relational Acquisition Model,” based on historical context), stands out due to its pioneering approach to procurement efficiency, developed in the late 1990s and early 2000s. faster savings), potentially lifting efficiency by 10-20% or adoption by 15-30%. Globalitys critique).
In the ever-evolving landscape of supplychain management, procurement leaders must stay ahead of the curve to ensure success in 2025 and beyond. In this article, we will explore four key strategies that procurement leaders can adopt to navigate the complexities of the future supplychain landscape.
In a world where the digital realm continues to shape the future of industries, the supplychain landscape stands at the precipice of profound conversion. As we fast forward to the horizon of 2025, the Institute for Supply Management News ventures into the unknown, exploring the enigmatic path that lies ahead.
Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.
2025 Vision: Transforming Indias Procurement Landscape Indias dynamic economy and distinctive procurement landscape offer significant opportunities for growing businesses to scale strategically. Complex SupplyChains Indias vast supply networks span global and local partnerships, each with its own unique challenges.
Resources / Blog / 5 Procurement Industry Trends to Watch in 2025 5 Procurement Industry Trends to Watch in 2025 In recent years, the procurement industry has undergone unprecedented transformations driven by the adoption of digital transformation, big data, and advanced technology like artificial intelligence (AI), machine learning, and automation.
ERP vs. Best-in-Class for Healthcare SupplyChain Management? Are ERP systems better than best-in-class supplychain solutions for managing healthcare supplychains? That’s the question we set out to answer in our recent panel discussion with Procurement and SupplyChain experts. The verdict?
A typical procurement competency framework covers several key areas, including but not limited to strategic sourcing, supplier management, risk management, and contract negotiation. Core Competencies in the Procurement Framework Sourcing Involves identifying and evaluating the best suppliers to secure high-quality goods and services.
Read more The post Earth Day 2025: SupplyChain Revolution Podcast Returns with 10 Big Ideas for Regenerative SupplyChain Transformation appeared first on SupplyChainQueen.
How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. 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]
Leveraging modern procurement technology has become essential for public sector organizations aiming to achieve efficiency, transparency, and compliance while meeting their social and environmental goals. Blockchain Technology: Blockchain ensures transparency, security, and traceability in procurement transactions.
Top 3 Procurement Technologies to Embrace in 2025 Staying ahead of key procurement technology and advancements is essential for CPOs who want to improve spend cost reduction, drive strategic value, and navigate the increasingly complex procurement landscape.
Procurement Priorities for 2025 and Beyond The manufacturing industry is evolving rapidly, leaving Chief Procurement Officers (CPOs) grappling with challenges that could make or break their organizations. Solutions: Strategic Sourcing: Move beyond transactional purchasing and embrace strategic sourcing.
Public procurement departments are navigating a complex landscape of challenges, including regulatory shifts, inefficiencies, difficulty building resilient supplychains, and an increasing demand for sustainability and transparency.
EDITOR’S NOTE: Here are three separate third-party sources analyzing the success and impact of implementing the original RAM Agent-based Metaprise model to support the DND’s IT infrastructure. SOURCE #1 Jon W. Efficiency Gains : Reduction of procurement staff from 23 to 3 full-time equivalents within 18 months.
Starting with the CFO, then the CIO, CEO, and The Board, here is the outline of changes in how top executives view procurement going forward in 2025. Key Drivers of Change Global Events : The COVID-19 pandemic , trade wars, and geopolitical tensions forced CFOs to prioritize supplychain resilience and risk management.
CSRD already came into effect in January 2025, requiring large EU-based companies, and non-EU companies with significant operations in the EU, to begin disclosure based on 2024 data. Explore how JAGGAER helps procurement teams stay ahead of regulatory pressure with end-to-end transparency. What does CSRD entail?
Subscribe The Complexity of the Lego SupplyChain! Supplychains in the energy sector are among the most complex and capital-intensive in the world. Key insight for finance professionals: Supplychain complexity is more than logistics. It’s about capital flow, asset risk, and regulatory layering.
RESEARCH TRIANGLE, NC, March 20, 2025 Rittal, one of the world’s leading system providers of electrical enclosures, power distribution, climate control, IT infrastructure, software and services, has confirmed JAGGAER for its procurement processes. Over time, the use of the software was gradually extended to other modules.
EDITOR’S NOTE: The following is based on the 4-Model Agent-based assessment tool that leverages the RAM 1998 to 2025 framework architecture. Below is a ranking from highest to lowest focus on procurement and supplychain practices, as of April 4, 2025, based on their stated missions, agendas, and historical emphasis.
The Manufacturing SupplyChain Journey through AI and Automation Manufacturing SupplyChains Explained The manufacturing supplychain comprises all the processes a business uses to turn raw materials and components into final products that are ready to be sold to customers, whether these are consumers or other businesses.
In the fast-paced world of aviation, delays are often unavoidable but always impactful.The highly anticipated entry-into-service (EIS) of the Airbus A350F,originally slated for 2025,now faces unexpected hurdles. This setback impacts Airbus’s timeline and stakeholders, raising concerns within the aviation industry.
Subscribe to SupplyChain Game Changer. SupplyChain Investment Challenges – Real and Imagined! Intelligent SupplyChain technologies article and permission to publish here provided by Dan Weinberger , UN SupplyChain Expert and CEO of Morpheus Network. Subscribe Here! Email Address.
EDITOR’S NOTE: I am under embargo regarding the advanced copy I received from ZIP with their Procurement Predictions for 2025. This integration will streamline strategic sourcing, reducing cycle times and enhancing efficiency. Resilient SupplyChain Management** : Building resilience into supplychains will be a priority.
MODEL #2 An agent-based model within a metaprise framework outperforms traditional equation-based intake and orchestration models in procurement because it better addresses the complexity, unpredictability, and multi-stakeholder nature of modern supplychains. Focused on efficiency, not innovation; maintains status quo.
As we near the end of 2024, virtually all industry players are publishing their procurement predictions for their respective 2025 reports. Based on the ChatGPT assessment I would ask you the following three questions: Which perspective on AI and digital transformation in procurement in 2025 is the most insightful and useful?
Learn what each one does, how MRP II supports production efficiency and supplier coordination, and where traditional systems fall short without the right source-to-pay technology in place. From sourcing raw materials to delivering finished products, every link in the chain must ope rate with speed, accuracy, and resilience.
Today Im joined by supplychain software brand Manhattan Associates. Manhattan provide more than just supplychain solutions. Today Mandar Rahatekar, Senior Director of Research and Development at Manhattan, joins me to talk all about the power of unified supplychain planning. Im a mechanical engineer.
Recognized as a trusted and independent source of procurement research, ProcurementIQ offers a comprehensive library of data and analysis on over 1,000 categories. And well be exploring the impact ongoing supplychain and economic disruptions are having on procurement teams, and where they should be focusing for the year ahead.
.” 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 : Baan’s software emphasized integration across the supplychain, including procurement processes.
Its someone thats open to multi modes of shipping, whatever is most efficient Someone thats flexible and wants to partner, someone who doesnt look at Werner as just a service provider. We want to work together to solve these transportation and supplychain issues. 08.23] The ideal client for Werner.
Scheduled for March 2-5, 2025 , this event isn’t just another industry conferenceit’s a strategic battleground where the biggest names in shipping, logistics, and technology will converge to address the challenges that have redefined the supplychain landscape. The timing of TPM25 couldn’t be more crucial.
Subscribe to SupplyChain Game Changer. The supplychain management industry has undergone many changes in recent years. The introduction of IoT devices to the supplychain, the rise of edge computing, and its ability to increase connectivity and efficiencies, have changed how businesses operate across industries.
MCP ensures that AI-driven procurement solutions retain, process, and apply relevant context to enhance decision-making and operational efficiency. MCP ensures that previous supplier evaluations, compliance issues, and sustainability scores are factored into ongoing sourcing decisions.
Download Free Copy SupplyChain Disruptions in Schools: Challenges and Solutions Category Inventory Written by Keith Murphy 17 min read Tags Education Risk Management SupplyChain Management Last edited March 18, 2025 Download PDF KEY TAKEAWAYS Efficient school supplychains are critical for maintaining consistent educational services.
Sourcing Innovation Launch Date: June 2006 Overview: Authored by Michael Lamoureux, a Computer Science PhD, Sourcing Innovation focuses on procurement technology, strategic sourcing, and supplychain management. AI, e-sourcing), spend analytics, and best practices.
Companies that fail to implement energy efficiency measures, maintain emissions below a certain benchmark, or develop net-zero plans could lose 20% of their free allowances. They must gather data on available technologies and energy sources compatible with the company’s existing systems.
In the fast-paced world of supplychain management, staying ahead of the curve is crucial for success. The YouTube video, “Top SupplyChain trends and Tech Innovations to Watch in 2025,” promises to shed light on the latest developments shaping the industryS future.
EDITOR’S NOTE: Chevron was IN NO WAY involved with the following assessment, although I think they will find it to be an interesting read because it leverages their known capabilities and aligns them with my prior research and discussions on procurement efficiency, Shared Services, and Hansens RAM principles.
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