Remove 2029 Remove Procurement Remove Suppliers
article thumbnail

AI Agents in Procurement: The Ultimate Guide

ivalua

AI is reshaping the way organizations source, manage suppliers, and drive value today. As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. AI agents offer a smarter, faster way to manage sourcing, risk, and spend across the entire procurement lifecycle.

article thumbnail

AI Agents in Procurement: The Ultimate Guide

ivalua

AI is reshaping the way organizations source, manage suppliers, and drive value today. As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. AI agents offer a smarter, faster way to manage sourcing, risk, and spend across the entire procurement lifecycle.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Quantifying The Gap Between ProcureTech Hope (Hype) And Abandonment (Initiative Failure)?

Procurement Insights

9,800% 5,812% 5 (2029) $73 $0.75 9,800% 5,812% 5 (2029) $73 $0.75 ROI Benchmarks: McKinsey (2023) cites 5-10x ROI in 5 years for procurement tech, scaling to 7-8x over 10 yearsmatching ~7,849%. Warning signs usually start showing by month 612: low adoption, poor supplier integration, missed KPIs, or costly workarounds.

article thumbnail

JAGGAER expands its footprint in Saudi Arabia with the announcement of a new partnership with TForce

Jaggaer

“In partnership with TForce, which has a strong understanding of the local market, we will be able to support these forward-thinking organisations, helping them achieve procurement excellence and giving them a competitive advantage, aligning closely with the ambitious goals of Saudi Arabias Vision 2030.

article thumbnail

Selling Into the EU? Time to Start Preparing for the Digital Product Passport

Supply Chain Brain

That will be followed by tires in the same year, furniture in 2028, and mattresses in 2029. It’s talking to suppliers to understand what we already have, where are the gaps, and how we can fill them.” Under “intermediate” products, the first sectors to be impacted are iron and steel in 2026, and aluminum in 2027.

article thumbnail

CPO Spotlight: Rachel Lemos

Procurement Heads

For Procurement Heads ‘ latest instalment of our CPO Spotlight series, she spoke with Rupert Gaster about her career and procurement’s role in sustainability. Back then I was responsible for a large portfolio of international suppliers and it was fascinating to me. I was thrilled to be acknowledged. It was an honour.

article thumbnail

New and Noteworthy Categories on Thomasnet.com for May 2023

The Thomas Blog

And thanks to our industry specialists, we are constantly researching and adding to our platform with new supplier categories to help you keep up with current market trends. billion by 2029, with the demand for helical gearmotors increasing rapidly due to their smaller size. The global gear motor market is projected to grow from $7.03