Sat.Feb 22, 2025

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Do You Really Want A Successful ProcureTech Initiative?

Procurement Insights

There is no secret formula for developing and implementing a successful ProcureTech strategy. The money spent pursuing complex strategies and following overly complicated charts is mindboggling. Over the past 40 years, look at the almost incalculable amount of money needlessly spent, resulting in an unacceptably high rate of initiative failure. ProcureTech Investments: Market Growth: The procurement software market was valued at $8.65 billion in 2024 and is projected to reach $16.38 billion by 2

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Supply Chain & Logistics News February 16th- 20th – Logistics Viewpoints

Let's Talk Supply Chain

Discover the latest insights and updates in the world of supply chain and logistics with our recap of the top news stories from February 16th to 20th. From innovative technology advancements to industry trends and market shifts, Logistics Viewpoints offers a thorough look at the dynamic landscape shaping the future of transportation and distribution.

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What is the average number of software platforms and Apps installed or used in a large enterprise?

Procurement Insights

Large enterprises utilize a substantial number of software platforms and applications to manage their operations. Recent studies provide insights into the average number of applications employed: Overall Software Applications: A 2022 study by Forrester Consulting found that large enterprises use an average of 367 software applications and systems. ciodive.com SaaS Applications: According to a 2023 report by Zylo, large organizations deploy an average of 660 Software as a Service (SaaS) applicati

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Supply chain cyber attacks surge over 400%, expected to continue rising – Cowbell report – Insurance Business

Let's Talk Supply Chain

In a digital world where interconnectedness is the norm, supply chains have become vulnerable targets for cyber attacks. According to the latest Cowbell report, the ‍frequency of these attacks has skyrocketed by over 400%, sending shockwaves through the ‍business world. As‍ companies grapple with the aftermath of such breaches, the report warns that this trend shows no signs of slowing down.

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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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Trump Proposes New Ship Fees to Challenge China’s Maritime Might

Supply Chain Brain

Retailers are likely to oppose the action, arguing that the added costs would eventually have to be passed on to consumers.

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METRO SUPPLY CHAIN CONTINUES PARTNERSHIP WITH ASTON MARTIN ARAMCO FORMULA ONE™ TEAM DRIVER LANCE STROLL – PR Newswire

Let's Talk Supply Chain

In the fast-paced world of Formula one , precision ‍and excellence reign supreme. As the Aston Martin Aramco Formula One team gears up for another thrilling season on the track, one crucial partnership is set to propel them to new heights. METRO Supply Chain, a global leader in logistics solutions, has reaffirmed its collaboration wiht none othre than the talented driver, Lance Stroll.