Procurement Insights

JANUARY 9, 2025

CPO Insights (Procurement-Specific): Research suggests that 2030% of procurement technology investments are underutilized due to poor adoption, insufficient training, or lack of integration. Budget Constraints: Limited resources for continuous training, upgrades, or user support.

supply chain software solutions 52

supply chain software solutions supply chain budgeting Procurement Budget 52

Supply Chain Game Changer

OCTOBER 6, 2022

Subscribe to Supply Chain Game Changer. But they’re also important to supply chains. Recycling keeps materials out of landfills, which reduces their size and helps them decompose more quickly. The goal is to reduce the amount of waste that ends up in landfills or in rivers and oceans. Subscribe Here!

Raw materials 98

Raw materials supply chain budgeting Management Supply Chain Efficiency 98

Supply Chain Trend

AUGUST 13, 2020

Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software.

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supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147

Spend Matters

DECEMBER 11, 2023

This will result in the increased deployment of business platforms to improve efficiency and reduce cost and third-party risk while increasing agility and optimizing financial health across spend, payments and working capital. using supply chain digital twins to optimize supply chain networks for carbon takeout).

Procurement solutions 102

Procurement solutions supply chain budgeting Procurement Supply Chain Optimization 102

Supply Chain Game Changer

APRIL 14, 2021

Subscribe to Supply Chain Game Changer. 5 Impacts of Autonomous Trucking on Supply Chain! I recently asked an audience — a virtual one of course — to guess how many people will be employed as truck drivers in the US in 2030. So if the autonomous truck is Road Ready (2025 or 2030?). Email Address.

supply chain budgeting 85

supply chain budgeting Supply chain Budget Purchasing 85

Procurement Software

APRIL 9, 2024

Join me on this fictitious journey of transforming an existing procurement organisation into one that will still be relevant in 2030. While on the other hand we must equip our teams to tackle sustainability, geopolitical instability and ensuing supply chain disruptions. I’ve spent $750K of my budget.

Category management 40

Category management Procurement supply chain budgeting Budget 40

Supply Chain Game Changer

APRIL 30, 2022

Subscribe to Supply Chain Game Changer. The pressure is on for businesses to do more to support EV drivers, and new regulations will soon make workplace charging the norm, as the phase-out date for selling new petrol and diesel cars and vans will start in 2030. How much budget do you have? Subscribe Here! Email Address.

supply chain budgeting 98

supply chain budgeting Sustainability Budget Sustainable transportation 98

Supply Chain Trend

JUNE 29, 2023

In two articles, based on the webinar “XP&A in action: Enhancing FP&A Agility with Supply Chain Planning” , I will discuss the future of xP&A and supply chain planning. Financial professionals are supported by cloud FP&A solutions to collaborate, budget, plan, and forecast.

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 60

Una

AUGUST 2, 2022

This number is expected to swell to over 25 billion connected devices by 2030. Procurement stands to gain a treasure-trove of data as IoT continues to proliferate across manufacturing, supply chains , and warehouses, ultimately enabling real-time inventory tracking, enhanced demand planning, and improved predictive analytics.

Procurement 98

Procurement Supply Chain Efficiency Real-time Visibility supply chain budgeting 98

Arkestro

JANUARY 23, 2024

from 2023 to 2030. Procurement managers play a key role in this rapid growth, helping organizations optimize costs, negotiate favorable terms with suppliers, and ensure financial efficiency. Risk management: Identify and address supply chain risks for uninterrupted goods/services supply.

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supply chain budgeting Management Supply Chain Optimization Procurement 52

Procurement Insights

JUNE 1, 2025

Hansen was publicly referencing and implementing AI concepts in the late 1990s , notably through “advanced self-learning algorithms” in procurement and supply chain applications. Procurement-Specific : Up to 70% of ERP/procurement tech projects fail due to scope creep, budget overruns, or misalignment.

Procurement 52

Procurement Risk Data Innovation 52

Arkestro

JULY 6, 2023

million cars from production due to ongoing supply chain issues and semiconductor shortages. Then we’ll show how autonomous, Predictive Procurement Orchestration (PPO) can help relieve supply chain issues, reduce costs, and help automotive brands navigate increased regulations. passenger car sales by 2030.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Procurement 52

Arkestro

JANUARY 9, 2024

According to Deloitte, the manufacturing industry was in contraction throughout most of 2023 due to challenges like increased lead times, tight labor markets, and rising costs. As we move into 2024, procurement teams continue to face hurdles like supply chain volatility, geopolitical tensions, budget restrictions, talent shortages, and more.

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supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

Supply Chain Trend

MARCH 7, 2016

This in turn provides executives visibility on gaps versus budget and strategic intent, so they can steer the company to ‘where they want it to be’. McKinsey recently predicted that 15 percent of new cars sold in 2030, could be fully autonomous. Integrated Business Planning is like a GPS for a business. Photo: [link].

Supply Chain Optimization 84

Supply Chain Optimization Real-time Visibility supply chain budgeting Data 84

Empowering CPO

MAY 11, 2023

Economic: From an economic perspective, sustainable procurement can result in cost savings through increased efficiency, reduced waste, and minimized risk of supply chain disruptions. IKEA has committed to becoming a circular business by 2030, aiming to use only renewable or recycled materials in its products.

Sustainability 52

Sustainability Procurement Supply Chain Efficiency Raw materials 52

Procurement Software

JANUARY 16, 2024

And what if they were prepared to fight for it, instead of rolling over at the first sign of a budget cut? But they also fail because of lack of talent, lack of budget and lack of effective change management. CPOs must become bolder, fight for their budget and headcount Let’s get real. That somebody is the CPO.

Procurement 52

Procurement Procurement team supply chain budgeting Budget 52

IBM Supply Chain Blog

APRIL 18, 2024

Regardless, given the wide range of predictions for AGI’s arrival, anywhere from 2030 to 2050 and beyond, it’s crucial to manage expectations and begin by using the value of current AI applications. On a smaller scale, some organizations are reallocating gen AI budgets towards headcount savings, particularly in customer service.

Data 89

Data Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 89

IBM Supply Chain Blog

JULY 27, 2023

through 2030. Cost control and budgeting : EAM systems provide valuable insights into asset performance as it relates to maintenance costs. By analyzing asset data, companies can identify inefficiencies, uncover cost-saving opportunities and make more accurate budget forecasts.

Real-time Visibility 55

Real-time Visibility Inventory Budget Management 55

Pipefy

JULY 29, 2024

By 2030, it’s believed that increased AI may contribute upwards of $15.7T Faster turnaround times mean fewer labor hours, and streamlined workflows keep projects within budget. Bots can be trained on supply chain data, learning how to monitor inventory spikes or predict parts starvation.

Data 52

Data Supply Chain Efficiency Supply Chain Optimization Risk 52

Procurement Insights

JUNE 1, 2025

Companies leveraging this approach gain 612 months lead time to mitigate disruptions, optimize supply chains, and capitalize on emerging opportunities. Novartis (Pharmaceuticals) Industry: Global pharmaceutical company, reliant on R&D, global supply chains. Digital supply chain tools (e.g., exemptions.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Raw materials Supply Chain Optimization 52

Procurement Insights

MAY 26, 2025

Prioritizing taxonomy alignment across the supply base is critical for digital procurement and supply chain transformation. By addressing SME taxonomy challenges proactively, LMEs can reduce costs, ensure compliance, and unlock 2030% efficiency gains in procurement and supply chain operations.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Quality Collaboration 52

Procurement Insights

APRIL 18, 2025

” I published a poll in the LinkedIn Purchasing & Global Supply Chain Professionals Group. Data: Deloitte notes 2030% churn risk for misaligned ProcureTech deployments [web:21]. GenAI sustainability tracking [web:11]) regardless of client needs, leading to unused tools or budget strain.

Supply Chain Efficiency 52

Supply Chain Efficiency Risk Data supply chain budgeting 52

Procurement Insights

APRIL 12, 2025

” So, in today’s post, let’s discover what they are and how relevant they are to 2025 procurement and supply chain management. Collaboration: Agents communicate and collaborate to achieve shared goals, such as reducing costs, optimizing resource allocation, or improving delivery times.

Supply Chain Optimization 52

Supply Chain Optimization Agile and Lean Supply Chain supply chain software solutions supply chain budgeting 52

Procurement Insights

MARCH 1, 2025

In an attempt to answer that question, I wrote the following post in late November last year: Impact of tariffs on supply chains 1930, 2009,2024 Following The Money? firms with stranded assets and higher compliance costs as carbon taxes rise (e.g., projected $50/ton by 2030, per IMF). green steel), leaving U.S.

Price 59

Price supply chain budgeting Supply Chain Efficiency Innovation 59