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Strong negotiation can lead to cost savings, more advantageous counteract terms, and overall a much more optimized procurement chain. Project Management A plan is only as good as its execution, and project management is what will enable your organization to deliver both on time and within budget.
What are some best practices to promote optimal adoption of the governing policies and procedures in the absence of spend management technology? The 2007 article is a worthwhile read as it demonstrates the potential repercussions of excluding supplychain personnel in the early planning stages of an organization’s M&A strategy.)
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.
Skip to main content Dont miss tomorrows supplychain industry news Let SupplyChain Dives free newsletter keep you informed, straight from your inbox. Tariffs have become one of the most disruptive variables in global supplychains. From the U.S.-China
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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 metrics were tied to cost reduction and spend under management. Emphasis shifted from pure cost savings to total cost of ownership (TCO) and value creation.
Well, let’s ask Generative AI through the intelligent filtering of the RAM 2025 4-Model Assessment Tool. In many respects, Amazon’s supplychain success is a real-world realization of Hansen’s early vision—particularly around autonomy, distributed intelligence, and real-time adaptation. MODEL 1 Jon W. MODEL 2 Jon W.
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.
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Yet the complex supplychains behind those therapies are increasingly vulnerable. A System Under Strain The fragility of the medication supplychain isn’t theoretical; it’s happening in real time. In a 2022 ASHP survey, 99.7% of pharmacists reported experiencing shortages of critical sterile injectables.
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Without experienced managers in place, truck availability drops, repairs are delayed, and cost control becomes difficult. Still, it can be just as disruptive to supplychain performance. These individuals are key to maintaining operational efficiency, cost control, and compliance. Rising costs.
How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. 5] Finance Leaders Are Collaborating More Closely with Procurement: Nearly 48% of CFOs are leveraging procurement data to support broader financial strategies, from fraud detection to costoptimization. [1]
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It’s Event Season 2025! It’s Event Season 2025! Here are four of 2025’s past events where Arkestro was a major presence. Plug and Play Detroit EXPO 2025 Plug and Play is a global innovation hub that brings together startups, corporations, investors, universities, and governments. Where in the World is Arkestro?
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Skip to content The Network Effect Beyond SupplyChains Menu Home Business Networks SupplyChain Management Logistics Resilience AI About Submit a Post Are Micro Fulfillment Centers the Next Frontier in Retail Logistics? MFCs powered by robotics can reduce the need for manual picking.
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According to our 2024 report, Generative AI in the B2B Marketplace , 81% of B2B businesses are already investing in AI, with 79% anticipating increasing their AI budgets within the next year. What can supplychain leaders do to mitigate these risks? Yet these same companies have the same anxieties about investing.
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.
Improved Outcome: Procurement teams get context-aware supplier suggestions , reducing risk and improving supplier relationships. Contextualized Spend Analysis & CostOptimization AI models use MCP to remember previous spend categories, budget constraints, and organizational purchasing behavior.
Inefficiencies are baked into the procurement process, wasting time and budget while leaving the door open to errors such as missed deadlines or incorrect orders. They can identify cost-saving opportunities, highlight potential supplier risks, and even automate the initial stages of supplier discovery and RFP generation.
Equipment spending must reducecosts immediately while ensuring lasting returns. Implementing advanced heating systems, high-efficiency motors, and automated controls can markedly reduce electricity consumption without compromising performance. Supplychain stability is also very important in the process of equipment selection.
By using data, automation and better processes, procurement can improve financial reporting, cut costs, support budgeting and manage risks. Drive cost management and operational efficiency: CFOs are optimizingcost structures and reducing inefficiencies to balance profitability amidst inflationary pressures and rising costs.
In case you haven’t picked up on it, which is possible, all three of the above names I shared for 2025 are FI race car champions. Poll Time The following is a poll that was posted in the Global & Purchasing SupplyChain Professionals LinkedIn Group, which has over 164,000 members. Use this link to check out the group.
Jon Hansen, Procurement Insights (1998 to 2025) Context: DND Implementation and Self-Learning Algorithms DND Background: Hansens DND project (1998-2005) transformed procurement for Canadas Department of National Defence, streamlining purchasing (e.g., supplier vetting patterns) to ensure cleaned data to optimize desired outcomes.
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.
MODEL 1 – LEVEL 1 Jon Hansen’s contribution to The Procurement Imperative 2025 – Global Report by Economist Impact and SAP clearly integrates the foundational elements of his Metaprise , Agent-based , and Strand Commonality models, though these frameworks are not named explicitly in the report.
32.18] What we can expect from the industry as we look towards the second half of 2025. If you enjoyed this episode and want to hear more about trucking, check out 460: Discover the Limitless Value of Dedicated Freight in Todays Market, with Werner , Where are trucking rates headed in 2025? Check out our other podcasts HERE.
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. ZoomInfo lists Certas revenue at $41 million as of December 2024. Summary Table: Certa.ai
Improving Inventory Accuracy Accurate inventory is crucial for maintaining optimal stock levels. Barcodes are a budget-friendly pick and super simple to use. Originally written for SupplyChain Game Changer and published on July 16, 2025. appeared first on SupplyChain Game Changer™. Mistakes vanish.
Lyle will be sharing his journey as one of the co-founders of ProcurementIQ, and Anthony will be giving his perspective on why, after many years in the industry, he decided to go to school for supplychain. Its making it much harder to plan and strategize for de-risking supplychains.
QUESTION 1: How does Hansen’s Metaprise Model address the following CPO concerns: Budget Constraints, Process and System Alignment, Technology Gaps, Challenging Market Dynamics, Difficulty Engaging Stakeholders? tariffs, port strikes), reducingcosts by 2030% (DND case study). Heres how it tackles each challenge: 1.
It likely measures the effectiveness of agent-based modeling in optimizing outcomes, emphasizing practical execution over theoretical benchmarks, as seen in his 1998 DND success and 2025 ConvergentIS integrations. 50% cloud shift by 2025) over process fit, risking misalignment. savings on a $10M budget, scaled to 2025 contexts.
Download Free Copy Ultimate Guide to Procurement in Education: Tips for Schools & Academies Category Spend Management Written by Keith Murphy 16 min read Tags Education Procurement Last edited February 24, 2025 Download PDF IN THIS ARTICLE What is Procurement in Education?
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