This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Procurement and supplychain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. In this blog, we cover the key differences between procurement and supplychain management, and explain where the biggest disconnects typically occur.
While flashy consumer-facing products like social apps garner much attention, innovation in less glamorous areas like supplychain management is equally responsible for propelling startups to unicorn status. Leveraging emerging technologies gives startups supplychain advantages that legacy players cannot match.
Global trade is complex, and supplychains are intertwined and interconnected. Supplychain leaders must adapt and use smart strategies to remain competitive. This article explains how to understand US tariffs and lessen their impact on supplychains. Review your products and find ways to improve them.
Consider this your business suddenly faces a major supplychain disruption. But the truth is, a fragile supplychain can make or break your companys success in today’s world. But the truth is, a fragile supplychain can make or break your companys success in today’s world.
In this webinar, supplychain industry experts share insights and best practices for enhancing supplychain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supplychain maturity and save on costs.
The global supplychain landscape is undergoing significant transformations, influenced by rapid technological advancements, shifting consumer expectations, and the intricacies of international commerce. Developing Analytical Skills Data analysis is at the heart of effective supplychain management.
Adopt a Forward-Thinking Approach: Stay ahead by monitoring emerging procurement trends, such as digital transformation and sustainability innovations. Implement Lean Procurement Practices: Use lean management principles to minimize waste and streamline procurement operations. CIPS, ISM).
Skip to content The Network Effect Beyond SupplyChains Menu Home Business Networks SupplyChain Management Logistics Resilience AI About Submit a Post Rethinking Defense SupplyChains with Network-Based Command Centers July 11, 2025 Michael Bruens Defense , SupplyChain Management This post has already been read 125 times!
Develop Long-term Relationships: Establish partnerships with key suppliers to foster trust and innovation. Audit SupplyChains: Identify and address environmental and social risks in the supplychain. SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g., Coursera, LinkedIn Learning).
Speaker: Peter Kraemer, Chief Supply Officer of Anheuser-Busch InBev
The past few years have shown us that nothing is constant in the supplychain industry. Innovation through exploration, development, and scaling of technology has enabled markets across the globe to remain agile while responding to challenging times. In fact, change is inevitable.
Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. By fostering these relationships, businesses can ensure stable supplychains, consistent quality, and even access to supplier innovations. Click here!
As the specter of new tariffs on Chinese imports loom large, the toy giant’s strategic use of a diversified supplychain comes to the forefront, showcasing resilience and adaptability in the face of uncertainty.
Rebate Management Software is designed to handle the intricate calculations and processes associated with rebates in the supplychain. The Importance of Rebates in SupplyChains Rebates can be a powerful tool for driving sales and maintaining competitive pricing.
Subscribe The SupplyChain Renaissance Has Begun! In the world where supplychain development is going meta, businesses nowadays have to stay abreast and adapt themselves constantly to these metamorphosing areas of operation as well as introduce innovative strategies as a way for survival and/or staying competitive in the game.
Most innovation work proceeds independently from company strategy. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. Register today! 📅 October 16, 2024 at 9:30am PT, 12:30pm ET, 5:30pm GT
As part of our theme this quarter on Procurement’s role and value in supplychain risk management, we are speaking with practitioners in the field to understand their perceptions of risk — clearly different industries perceive types of risk in different ways. And we must remember that one cannot escape supplychain risks.
Subscribe The SupplyChain Renaissance Has Begun! This article depicts how innovative technology transforms supplychain operations. SupplyChain Management oversees the operational connection between businesses responsible for making and moving products through all distribution stages.
In today’s competitive market, every drop of efficiency in extraction and logistics fuels innovation across supplychains, ensuring that products reach consumers faster and at lower costs. How does oil and gas production drive global supplychaininnovation?
Supplychains are particularly vulnerable during recessions. Consequently, it is imperative to develop a recession-proof supplychain to make them more resilient and adaptable. A resilient supplychain is one that can absorb shocks and continue functioning with minimal disruption.
From limited visibility and a lack of real-time data to a lack of agility and responsiveness to changing market conditions, there's no shortage of difficulties that today's supplychain professionals can encounter. What can be done to not only address these challenges, but overcome them? Register now!
However, the next wave of AI innovation is here: autonomous AI agents. This leap in AI capabilities is revolutionizing industries, and AI-driven supplychain management is no exception. Agentic AI takes this a step further by enabling autonomous supplychain systems. Enhances AI-driven supplychain resilience.
Impact of Globalization and SupplyChain Complexity : The complexity of global supplychains highlighted procurement’s role in managing risks, ensuring continuity, and driving efficiencies. CFOs began to see procurement as critical to business continuity and organizational agility.
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.
auto tariffs are being felt across global supplychains. This transformation marks more than a temporary adjustmentit’s a paradigm shift in supplychain thinking, where agility, sustainability, and real-time visibility are becoming top priorities. The ripple effects of U.S. Join us as we explore how U.S.
Unfortunately, outdated tools and fragmented processes make it difficult to maintain visibility across the supplychain and adapt at the pace of business. Before organizations can fully benefit from agility and automation, it’s important to understand the concept of digital procurement. In the next section, we’ll explain how.
As organizations seek to optimize their operations, supplychain processes have become a focal point for innovation. While the contexts may seem disparate at first glance, the strategies employed by these casinos hold valuable insights for revolutionizing supplychain processes.
**Advanced Crowdsourcing** : Procurement functions will increasingly leverage crowdsourcing to tap into a global pool of innovative ideas and solutions. By 2030, it’s expected that a substantial portion of procurement activities will involve crowdsourced inputs, enhancing innovation and competitiveness.
Skip to main content Dont miss tomorrows supplychain industry news Let SupplyChain Dives free newsletter keep you informed, straight from your inbox. To remain competitive, organizations must fundamentally rethink their approach to supplychain management.
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.
Exploring the Automotive Chip Shortage SupplyChain! There are a number of supplychains that work together in this industry to make it what it is. In fact, these supplychains span continents and involve a number of suppliers, manufacturers, and logistics providers. Cover image provided by Matt Gregory.
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.
Heading 1: GM’s Strategic Approach to Tariff Mitigation GM is taking a strategic approach to mitigate the impact of tariffs, focusing on innovation and flexibility to navigate through challenges. Cost-efficiency: Streamlining operations and optimizing supplychain processes to minimize tariff impact.
Subscribe The SupplyChain Renaissance Has Begun! The supplychain industry faces a transformative era heading into 2025. If you want to know how these factors influence daily operations or redefine long-term strategies, read on for an insightful look at the future of supplychain management.
The SupplyChain Renaissance Has Begun! In the complex world of business, the supplychain serves as the backbone, connecting the dots between production and customer satisfaction. Cost Reduction A streamlined supplychain is a powerful tool for cost management.
It was the perfect stage for sharing groundbreaking insights and showcasing innovation, creating a truly unforgettable experience for all who attended. This year’s theme focused on reshaping the procurement industry’s approach to innovation, tackling challenges, and uncovering fresh paths to success.
However, Hansen’s deep process analysis is gaining traction among innovators seeking adaptive, AI-driven procurement. While Hansen’s models are not yet mainstream, they are critical for organizations targeting 25–35% higher ROI through agility and human-AI collaboration. Legacy Limitations : 45–60% of solutions (e.g.,
Gathered around a table laden with insights and expertise, industry leaders recently convened at the institute for Supply Management to delve into the latest hot topics shaping the world of supplychain management.From procurement strategies to risk mitigation, the roundtable discussion was a lively exchange of ideas and perspectives.
A tapestry of economic growth and strategic planning, Saudi Arabia’s supplychain market is set to embark on a journey towards surpassing the US$ 970 million mark by 2033. One of the primary drivers fueling this growth is the country’s strategic geographic location, serving as a vital link between major global trade routes.
It’s no longer just about maintaining good relationships; it’s about turning those connections into engines of innovation, efficiency, and sustainability. Strong supplier partnerships drive new product development, unlock cost efficiencies, and ensure supplychains are adaptable to changing market conditions.
In an era of economic uncertainty and fluctuating market conditions, the service supplychain industry is bracing itself for a seismic shift as double-digit inflation looms on the horizon. The impact of this economic phenomenon on supplychain operations is profound and multifaceted.
However, the top three procurement challenges featured in the Hackett Group report demand immediate attention: slashing spending costs, securing supplychain resilience, and modernizing outdated operating models. Shielding Your SupplyChain: Ensuring Continuity in a Volatile World Supplychain disruptions have become the new normal.
Join us as we delve into Levi’s innovativesupplychain strategies in the face of economic uncertainty. SupplyChain Optimization: Key to Levis Surgical Approach Levis strategic approach to navigating potential tariff-related price increases is centered around a precise and calculated response.
The dawn of Multi-Enterprise SupplyChain Business Networks (MESCBN) has ushered in a new era of interconnected commerce, transforming the customary supplychain landscape. Join us as we uncover the unprecedented potential that awaits in the realm of supplychain business networks, as reported by Yahoo Finance.
Leading the Charge in Healthcare Infrastructure Investment Thermo Fisher’s commitment to bolstering the US healthcare supplychain is a significant step towards enhancing the resilience and efficiency of the nation’s medical infrastructure.
We organize all of the trending information in your field so you don't have to. Join 69,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content