Spend Matters

NOVEMBER 13, 2024

In today’s fast-evolving business landscape, procurement and supply chain professionals are confronted with a staggering complexity of risk management (link to complexity piece) that requires a nuanced understanding of various dimensions of risk. Recent events have illustrated how interconnected and fragile supply chains can be.

Risk 117

Risk Suppliers Risk management Agile and Lean Supply Chain 117

SCMDOJO

APRIL 11, 2025

With international commerce increasingly digitalized and customer requirements continuing to grow, the demands on supply chain professionals to create frictionless, responsive, and cost-effective operations have never been higher. Supercharge your supply chain career through the SCMDOJO Supply Chain Learning Track Certification!

Supply Chain Efficiency 84

Supply Chain Efficiency supply chain software solutions Agile and Lean Supply Chain Supply Chain Optimization 84

Procurement Insights

APRIL 8, 2025

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 supply chains. Complex, multi-tiered supply chains Superior (e.g.,

Supply Chain Optimization 81

Supply Chain Optimization Procurement Supply Chain Efficiency Agile and Lean Supply Chain 81

Supply Chain Dive

JULY 21, 2025

Skip to main content Dont miss tomorrows supply chain industry news Let Supply Chain Dives free newsletter keep you informed, straight from your inbox. times higher than operational emissions, according to data from the U.S. Environmental Protection Agency.

Supply Chain Efficiency 69

Supply Chain Efficiency Agile and Lean Supply Chain Sustainability Supply Chain Optimization 69

Spend Matters

NOVEMBER 7, 2024

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. To potential buyers — Halo Ai’s founder has a background in procurement and has built the tool with procurement in mind and to replace current TPRM and GRC point solutions.

Supply Chain Efficiency 113

Supply Chain Efficiency Risk management Real-time Visibility Ethics 113

SCMDOJO

MARCH 24, 2025

Market Fluctuations and Inflation : External factors such as inflation, rising raw material costs, and global supply chain disruptions have a significant impact on procurement costs. Inflation has always been a top concern for higher management, as it is beyond the control of both suppliers and buyers. References Garnder, S.

Price 69

Price Purchasing supply chain budgeting Raw materials 69

Procurement Insights

JUNE 13, 2025

THREE QUESTIONS REGARDING PROCURETECH’S BIG BANG MOMENT Q1 – How would the integration of Simudyne’s equation-based and Hansen’s agent-based models benefit procurement and supply chain practices? commodity pricing, inflation) Micro-actor modeling (e.g., commodity pricing, inflation) Micro-actor modeling (e.g.,

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Optimization Buyers Price 52

Jaggaer

OCTOBER 24, 2024

By selecting and developing the right suppliers and establishing streamlined, transparent communication with them, manufacturers gain the agility and resilience to respond to customer demands, rise to the top, and navigate disruptions more easily. That makes agility a foundational part of your manufacturing strategy.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Spend Matters

JANUARY 9, 2025

What customers prioritize when investing in procuretech SAP customers prioritize specific ROI metrics and key performance indicators (KPIs) when selecting procurement technology, like cost savings, improved supplier collaboration and data-driven decision making.

Procurement 122

Procurement Procurement team Contract Supply Chain Efficiency 122

Supply Chain Dive

JUNE 23, 2025

Skip to main content CONTINUE TO SITE ➞ Dont miss tomorrows supply chain industry news Let Supply Chain Dives free newsletter keep you informed, straight from your inbox. This is building a complete data infrastructure across the company." Dive Brief: Clorox plans to start transitioning its U.S.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain supply chain software solutions Real-time Visibility Supply chain 78

Spend Matters

JUNE 3, 2025

The US administrations announcement of reciprocal tariffs in early April sent a jolt through global supply chains. For many Chief Procurement Officers (CPOs), the real message was clear: Volatility is back, and this time, it demands faster, more coordinated and more data-driven responses. That is where technology can help.

Real-time Visibility 93

Real-time Visibility Agile and Lean Supply Chain Supply Chain Efficiency Procurement 93

Jaggaer

OCTOBER 24, 2024

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Real-time Visibility 52

Barkers Procurement

MAY 7, 2025

When Covid-19 first hit five years ago, retailers experienced the need for supply chain resilience. Now, as they build the agility and strength needed to respond to potential unexpected events, we can look to this period for guidance. A key flaw to emerge was that supply chains were murky. Nothing moved.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Chief Procurement Officer Supply chain resilience Procurement team 52

Spend Matters

APRIL 30, 2025

In a landscape shaped by inflation, supply chain fragility, regulatory pressure and digital transformation, orchestration is more than a buzzword. Externally, risk and compliance obligations mount, supply chains are stretched and stakeholder expectations broaden. It’s between the inside and the outside.

Suppliers 83

Suppliers Management Real-time Visibility Agile and Lean Supply Chain 83

Procurement Insights

APRIL 13, 2025

buyers, suppliers) interacting based on real-world commodity traits (e.g., AI and Learning: In his 2024 post (), Hansen discusses GenAIs role in orchestration and intake, suggesting AI can enhance procurement by processing data dynamically. Self-Learning Aspect: Algorithms parse unstructured data (e.g., Department of Defense).

Real-time Visibility 52

Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization Data 52

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. However, whats really missing hereneeds analysis.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Jaggaer

MARCH 6, 2025

These reforms and similar ones in other countries open up opportunities for public sector buyers. Public sector organizations must prioritize solutions that include: Advanced encryption to protect sensitive procurement data. Data-driven decision-making empowers public sector teams to improve efficiency and achieve better outcomes.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement supply chain budgeting Sustainability 52

Procurement Software

JUNE 15, 2025

If this were a manufacturing process generating over 30% waste, it would be something that lean experts would be crawling all over. Ask yourself: why it is that startups are so lean and agile…? How many of these tasks could be done by an Admin Assistant, Data Analyst or a Junior Buyer?

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Category management supply chain software solutions 52

Procurement Insights

JULY 1, 2025

Report Link : The interview discusses “empowering procurement to be proactive and agile,” mirroring the agent-based architecture where multiple agents interact dynamically. Fit Score Link : This reflects strongly in the data taxonomy , ESG traceability , and supplier intelligence scoring within the Hansen Fit Score.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Real-time Visibility Demand Procurement 52

Procurement Insights

JUNE 16, 2025

Real-Time Data-Driven Sourcing & Supplier Management: “Living” Supplier Profiles: Strand commonality will ensure that supplier profiles are not static records but dynamic, real-time representations, pulling data from internal ERPs, S2P systems, external risk platforms, news feeds, and even social media.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Ethics Raw materials 52

Procurement Insights

FEBRUARY 14, 2025

February 2025 – Liquid networksdynamic, decentralized, and highly adaptable systemsare reshaping procurement and ProcureTech by enhancing supplier collaboration, innovation, and agility. Supply chain risk management is proactive and data-driven. Procurement workflows are automated using AI & smart contracts.

Networking 59

Networking Import Procurement Buyers 59

TYA Suite

MAY 13, 2025

The PO serves as an official record of the transaction between the buyer and the supplier. Enhanced supplier collaboration through data-driven decisions With the rise of digital tools and analytics, operational procurement management is increasingly data-driven.

Procurement 40

Procurement supply chain budgeting Supply Chain Efficiency Raw materials 40

Procurement Insights

APRIL 30, 2025

THE SHORT ANSWER Procurement Insights is not a replacement for analyst firms its a complementary and sometimes disruptive mirror , helping enterprise buyers and tech vendors see past sanitized reports into what actually matters to practitioners. – Challenges rigid quadrants with more agile, narrative-driven insights.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

Procurement Insights

APRIL 9, 2025

Agent-Based Solution : Autonomous agents continuously learn from data (e.g., Agent-Based Solution : Agents represent suppliers, buyers, and logistics providers, sharing data and negotiating terms autonomously. Predictive Risk Mitigation Challenge : Reactive risk management leads to costly supply chain failures.

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization Agile and Lean Supply Chain 52

Procurement Insights

JUNE 12, 2025

Dangerous Supply Chain Myths (Part 7) Are you chasing solutions or solving problems? His approach uses autonomous agents to map hidden data interconnections (strand commonality) for process convergence, achieving notable success (e.g., Their supply chain expertise (e.g.,

Sourcing 52

Sourcing Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency 52

Procurement Software

FEBRUARY 2, 2025

The new procurement tech players: agile and configurable My prediction is most of the solutions that disappear will be replaced on a one-to-one ratio by new market entrants. The economic buyer in this case is undoubtedly going to be the CFO. I’m not a computer scientist, and neither are most CPOs and CFOs.

supply chain software solutions 52

supply chain software solutions Procurement Procurement team Contract 52

Procurement Insights

APRIL 9, 2025

Supplier Focus: Ramps supplier management is buyer-centric (e.g., Ramp retains an edge in agility and UX (6,500 hours saved, Forrester), while Amexs legacy brand and Nipendos depth appeal to entrenched corporates. So, why is Ramp “hidden in plain sight” in the procurement and supply chain world?

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Spend management e2e Leadership 59

TYA Suite

MAY 3, 2025

Today, digital purchase order are part of a larger trend toward automation, integrating with accounting software, inventory systems, and analytics tools to create smarter, more efficient supply chains. A digital purchase order is an electronic document used by a buyer to request goods or services from a supplier.

Purchase orders 40

Purchase orders Purchasing Supply Chain Efficiency supply chain budgeting 40

Procurement Insights

JUNE 7, 2025

What does he have to do with anything related to procurement and supply chain? supply chain delays, demand spikes). Impact : 60–70% of organizations face avoidable supply chain disruptions. frontline buyers, category managers). Jeff Bezos? It is time to send Jeff Bezos an invoice!

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Supply Chain Optimization Supply Chain Efficiency 52

Supply Chain Dive

JUNE 9, 2025

Skip to main content CONTINUE TO SITE ➞ Dont miss tomorrows supply chain industry news Let Supply Chain Dives free newsletter keep you informed, straight from your inbox. Specifics on the contingency measures weren’t provided. You can unsubscribe at anytime. Sign up A valid email address is required.

Risk 105

Risk Agile and Lean Supply Chain Supply Chain Optimization Logistics 105

Procurement Insights

FEBRUARY 26, 2025

Hansens concept of “Velocity Procurement” is a modern evolution of his earlier work in supply chain and procurement optimization, reflecting his decades of experience streamlining processes for organizations like the Canadian Department of National Defence and the New York City Transit Authority. That systems success (e.g.,

Agile and Lean Supply Chain 83

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Optimization 83

Procurement Insights

APRIL 7, 2025

MODEL #1 The term Metaprise refers to an evolved enterprise model that integrates advanced technologies like artificial intelligence (AI), big data, and automation to digitize and optimize a company’s profit model comprehensively. Relies on predefined rules rather than real-time, data-driven insights.

Real-time Visibility 52

Real-time Visibility Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

Procurement Insights

FEBRUARY 26, 2025

Hansen, identified as a Chief Procurement Officer (CPO), introduced the idea in the context of linking seemingly unrelated data streams or “strands” to optimize procurement outcomes. Instead, his contributions are more broadly tied to practical applications of algorithmic thinking in supply chain and procurement optimization.

Supply Chain Optimization 40

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 40

Finale Inventory

JULY 18, 2025

Common Industry Terms Term Usage Context Non-moving inventory Often used in warehousing reports Aged inventory Common in financial reporting Deadstock inventory General business terminology Identifying these inventory categories requires systematic data collection and analysis. Understanding these causes is the first step toward prevention.

Strategy 40

Strategy Real-time Visibility Management Inventory planning 40

Supply Chain Dive

JUNE 16, 2025

Skip to main content Dont miss tomorrows supply chain industry news Let Supply Chain Dives free newsletter keep you informed, straight from your inbox. Sponsored content By CnerG SPONSORED CONTENT BY As climate targets become more common, supply chains are taking center stage. Bernd Dittrich via Unsplash.

Agile and Lean Supply Chain 87

Agile and Lean Supply Chain Supply chain Supply Buyers 87

Procurement Insights

APRIL 16, 2025

Mitchell, Spend Matters Chief Research Officer, is a recognized procurement expert who focuses on digital transformation, data analytics, and procurement technology, often emphasizing clean data and process efficiency (e.g., TealBooks ML, 2021) might downplay Hansens insistence on practitioner-led loops, though both value clean data.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Data Procurement Quality 52

Supply Chain Dive

JUNE 6, 2025

Skip to main content CONTINUE TO SITE ➞ Dont miss tomorrows supply chain industry news Let Supply Chain Dives free newsletter keep you informed, straight from your inbox. Most of those surveyed said they’ve also altered research processes, with nearly 30 % leaning on large language models more often than Google.

Agile and Lean Supply Chain 64

Agile and Lean Supply Chain Procurement supply chain software solutions Supply Chain Optimization 64