SCMDOJO

JANUARY 9, 2025

According to a McKinsey report, firms that develop strong supplier partnerships are 35% less likely to experience significant supply disruptions. Improving Cost and Quality Every decision in strategic sourcing impacts the total cost of ownership, the quality of goods or services, and supply chain resilience.

Strategic sourcing

Spend Matters

JANUARY 7, 2025

What customers prioritize when investing in procuretech At Prewave, we find that our customers adopt a structured approach to their ESG and sustainability obligations, which is why its important to provide procuretech solutions that provide a clear, data-driven overview on environmental, social and governance issues.

supply chain software solutions

Procurement Insights

JANUARY 3, 2025

Analytics and insights from procurement data were minimal. Digital Transformation Begins : Increasing adoption of procurement technologies, such as e-sourcing platforms , spend analytics , and contract lifecycle management tools , enhanced procurement’s ability to provide data-driven insights.

Agile and Lean Supply Chain

Arkestro

DECEMBER 5, 2024

Cutting-edge advancements in artificial intelligence (AI), machine learning (ML), game theory, analytics, cloud computing, and big data are becoming deeply ingrained into manufacturing processes. Arkestro uses predictive models to analyze data, forecast demand, and identify potential disruptions before they occur.

Supply Chain Optimization

Supply Chain Game Changer

JULY 19, 2025

Political instability, shifting trade tariffs, and economic fluctuations make supply chain resilience a top priority. Many businesses struggle with outdated software, data silos, and compatibility issues between procurement, finance, and supply chain management systems. Diversification.

Supply Chain Efficiency

Arkestro

DECEMBER 26, 2024

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.

Supply Chain Efficiency

ivalua

AUGUST 6, 2025

Guided buying, budget enforcement, and integrated supplier data are essential to controlling maverick spend and improving procurement visibility. Contracts might be negotiated directly by business units, and the data needed for strategic sourcing is often fragmented or, worse yet, unavailable. The bottom line?

Real-time Visibility

Supply Chain Brain

JULY 6, 2025

Industry adviser Bart De Muynck details the results of a new survey on supply chain resilience in times of uncertainty, conducted by SupplyChainBrain in collaboration with Seagull Software.

supply chain software solutions

Supply Chain Game Changer

JULY 1, 2025

Supply Chain Resilience: Preparing for Contingencies While supply chain management in the casino industry focuses on the regular flow of goods and services, it also includes planning for unforeseen events. Supply chain resilience ensures that casinos can adapt and continue operations during emergencies.

Supply chain management

Procurement Insights

NOVEMBER 18, 2024

McKinsey Strengths : Deep industry research and data-driven insights. Focus on large-scale transformations, strategic frameworks, and cutting-edge technologies like AI and supply chain resilience. Downsides : Primarily thought leadership with less emphasis on actionable, data-driven frameworks.

Supply Chain Efficiency

Jaggaer

FEBRUARY 13, 2025

H&Z partners with JAGGAER to help organizations transform their ESG data into actionable sustainability outcomes. Procurement stands at the center of several competing aims and objectives: cost savings, compliance, reputation, innovation, finance and supply chain resilience.

Leadership

Jaggaer

FEBRUARY 28, 2025

However, the top three procurement challenges featured in the Hackett Group report demand immediate attention: slashing spending costs, securing supply chain resilience, and modernizing outdated operating models. This includes skills in data analytics, negotiation, and stakeholder management.

Agile and Lean Supply Chain

SCMDOJO

FEBRUARY 16, 2025

From rule-based systems to predictive analytics and the generative AI boom, businesses have leveraged these technologies to optimize operations, forecast trends, and create data-driven strategies. Enhances AI-driven supply chain resilience. Analyzes IoT sensor data, weather forecasts, and vehicle performance metrics.

Supply Chain Efficiency

HICX

JUNE 9, 2025

What is the use of AI in supply chain management? AI helps optimize supply chain management by offering predictive supplier analytics , real-time tracking, and automation. AI is transforming procurement and supply chains by shifting operations from reactive, manual processes to proactive, intelligent systems.

Suppliers

Let's Talk Supply Chain

FEBRUARY 27, 2025

One key aspect of navigating this inflationary surroundings is leveraging technology to enhance supply chain resilience. This proactive approach empowers organizations to make data-driven decisions, improve ‍operational efficiency, and maintain a competitive edge in the‍ market.In

Supply Chain Optimization

Jaggaer

OCTOBER 24, 2024

Enhanced visibility into the extended supply chain When companies and their suppliers share data and insights, they gain a clearer understanding of the entire supply chain, from raw materials to finished products. However, collaboration relies on the strong foundations of data and insight.

Collaboration

Jaggaer

FEBRUARY 5, 2025

Mastering Strategic Sourcing: Efficiency and Cost Savings in Procurement Strategic sourcing is a data-driven approach that focuses on long-term supplier partnerships rather than one-time cost reductions. Companies that excel in strategic sourcing achieve greater cost savings and procurement efficiency while ensuring supply chain resilience.

Strategic sourcing

Supply Chain Game Changer

JULY 23, 2025

Businesses can use technology to collect and analyze data on packaging materials, taking into account the type and number of products they handle. In that way, they can link the information to reduce carbon footprint and environmental impacts for a more sustainable supply chain. But what is supply chain resilience?

Supply Chain Optimization

Let's Talk Supply Chain

FEBRUARY 24, 2025

Leveraging machine learning algorithms and data analytics, organizations gain valuable insights to make informed decisions ‍and adapt quickly to ever-changing market dynamics. The future of logistics management lies in embracing AI solutions to revolutionize how supply chains operate and evolve in the digital era.

Supply Chain Efficiency

SCMDOJO

FEBRUARY 15, 2025

A well-managed supply chain does not just survive crises it thrives in them. Why Project Management is Essential for Supply Chain Resilience The approach provides a structured approach to handling complex tasks, timelines, and resources. Implement cloud-based platforms for seamless data sharing.

Project management

Let's Talk Supply Chain

MARCH 2, 2025

Additionally, the strike serves as a wake-up call for supply chains to invest in technology and automation to streamline processes and improve efficiency. By leveraging data analytics and predictive modeling, organizations can better anticipate and mitigate future supply chain disruptions.

Supply Chain Optimization

Barkers Procurement

MAY 7, 2025

In a world where geopolitical uncertainty is becoming commonplace, and retailers must stay resilient, leaders would be wise to apply a lesson from the past: make visibility an absolute priority. When Covid-19 first hit five years ago, retailers experienced the need for supply chain resilience. Nothing moved.

Agile and Lean Supply Chain

Procurement Insights

JUNE 21, 2025

Quantitative Fit Scoring: ASML tracks key performance indicators such as On-Time Production Performance (OTPP), capacity utilization, and forecast accuracy (RMSE), reflecting Hansen’s requirement for measurable, data-driven procurement outcomes. Estimated Hansen Fit Score: Approximately 8.5

Supply Chain Efficiency

Procurement Insights

APRIL 25, 2025

I can help procurement practitioners dramatically improve ProcureTech implementation timelines, ROI, supply chain resilience, risk management, tariff management, and overall implementation success. Heres how, with specific percentage impacts supported by recent data and case studies: 1. And just remember, YOU asked me!)

Supply chain resilience

TYA Suite

NOVEMBER 15, 2024

A data breach or failure in technology can disrupt operations and result in significant data loss. Techniques like brainstorming sessions, risk workshops, and historical data analysis can help uncover these risks. This data collection process lays the foundation for thorough supplier risk management.

Risk management

Jaggaer

OCTOBER 24, 2024

This resilience can be defined as “ the ability of a central procurement and supply management function to prepare for unexpected events, respond to disruptions, recover, and emerge even stronger. ” Manufacturers cannot foresee every risk, inconvenience, or disaster, but they can equip themselves to handle the unexpected and come out on top.

Collaboration

The Network Effect

JULY 11, 2025

The Shift to Network-Based Supply Chains Unlike traditional systems built around static, siloed architectures, modern supply chain platforms are designed from the ground up to be network-centric. The result is seamless end-to-end visibility and actionability across the supply chain.

Agile and Lean Supply Chain

TYA Suite

JUNE 22, 2025

It transforms raw procurement data into meaningful insights that support both short-term improvements and long-term strategic goals. Understanding these components helps organizations build a strong foundation for effective The backbone of procurement analytics is accurate and comprehensive data.

Procurement

Barkers Procurement

JANUARY 7, 2025

Then, activities within the supply chain should be compared against the goals set out by bodies that support the Paris Agreement, such as the Science Based Targets Initiative (SBTi) and the UN Sustainable Development Goals (SDGs). Next, evaluate supply chain resilience. Therefore, its hard for them to provide it.

supply chain budgeting

TYA Suite

MAY 23, 2025

Supplier collaboration software is a specialized digital tool designed to facilitate seamless communication, data sharing, and collaboration between businesses and their suppliers. It involves sharing real-time data, such as inventory levels, production schedules, and demand forecasts, to streamline processes.

supply chain software solutions

Jaggaer

APRIL 16, 2025

Many procurement teams are being asked to deliver value beyond savings alone , strengthening supply chain resilience, reducing compliance risk, and advancing ESG and sustainability goals, at greater speed and without headcount increases. Data ownership remains exclusively with the customer.

Procurement

Let's Talk Supply Chain

MARCH 24, 2025

In teh intricate web of global supply chains, resilience is the key to withstanding ‍the unpredictable challenges of today’s dynamic business landscape. One key advantage of using graph databases in inventory management is their ability to enhance the resilience of supply chains.

Agile and Lean Supply Chain

Planergy

MAY 8, 2025

Nearly 50% of teams still report productivity slowdowns due to manual data entry, though 43% of leaders are prioritizing change. [4] 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 cost optimization. [1]

Strategy

Procurement Insights

APRIL 13, 2025

AI and Learning: In his 2024 post (), Hansen discusses GenAIs role in orchestration and intake, suggesting AI can enhance procurement by processing data dynamically. cost efficiency, tariff resilience). Self-Learning Aspect: Algorithms parse unstructured data (e.g., Department of Defense). cosmetics suppliers $0.32/unit

Real-time Visibility

Let's Talk Supply Chain

MAY 2, 2025

By adopting advanced digital tools and technologies, companies can gain greater visibility and control over financial transactions, automate key processes, and make more informed, data-driven decisions.

Agile and Lean Supply Chain

Future Purchasing

FEBRUARY 25, 2025

Furthermore, sustainability goals must be balanced with the need for cost-savings, supply chain resilience and meeting industrial strategy objectives. Organisational Challenges Skills shortages The procurement industry is experiencing significant skills shortages.

Innovation

Let's Talk Supply Chain

MARCH 1, 2025

Imagine a platform that can predict and proactively optimize your supply chain operations, ensuring seamless processes and efficient inventory management. With Logility’s cutting-edge solution, businesses can expect: Real-time Data Analysis: Instant insights into supply chain performance and potential disruptions.

Real-time Visibility