Thu.Dec 26, 2024

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5 Procurement Industry Trends to Watch in 2025

Arkestro

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.

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Navigating Supply Chain Disruptions During Peak Seasons and Beyond

Supply Chain Brain

Supply chain leaders must look beyond short-term fixes to get them through high-demand seasons.

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10 Best Practices for Streamlining Procurement Contract Management

Procurement Freelancers

Effectively managing contracts for procurement processes has become an important task for companies that want… The post 10 Best Practices for Streamlining Procurement Contract Management first appeared on Procurement Blog | Procurement & Supply Chain News.

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Red Sea Disruptions Cost Egypt $7B in Suez Revenues

Supply Chain Brain

The Suez Canal is a vital source of foreign exchange for the $380 billion Egyptian economy, whose currency slid to a record low in the past month.

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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.

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Japan Air Resumes Ticket Sales After Overcoming Cyberattack

Supply Chain Brain

Systems have been restored without any leakage of customer data, and there is no virus damage, the company said.

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Finland Boards Tanker After Power and Data Cables Go Offline

Supply Chain Brain

12 European countries are demanding checks on proof of insurance from suspected shadow vessels as they pass through the Baltic Sea and the English Channel.

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What Could New U.S. Trade Tariffs Mean for Global Supply Chains?

Supply Chain Brain

The potential impact of President-elect Trump's proposed tariffs will be felt by businesses both within the U.S. and on an international scale.