Tue.Jan 07, 2025

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Procurement transformation 2025: Why invest in procuretech and how to make the case – Prewave

Spend Matters

In readiness for our Q1 2025 theme of Procurement Transformation, which will include how to even start your digital journey, how to make the case for it, how to shape your digital roadmap and how to survive it, we have received input from some solution providers on their own customers journeys. Maja Tepeh , Senior Brand Manager at supply chain risk management solution Prewave , shares what their customers are looking for from their digital procurement investment.

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Achieving Supply Chain Resilience: Strengthen and Adapt Your Operations

Skill Dynamics

Global markets are facing significant uncertainty and negativity, with instability and continued risk expected to impact businesses for the next decade, according to the World Economic Forum. Global conflicts, macroeconomic shocks, and shifting global trade routes are all combining to provide real challenges to modern supply chains, and are driving the uncertainty that organizations feel.

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Five signs your procurement process needs an overhaul

Spend Matters

This content does not express the views or opinions of Spend Matters. Indirect spending can be the silent killer. Software, consultants, office supplies and maintenance whether you know it or not these costs are taking a bite of your bottom line. In fact, software and tech spend is often one of the five largest spend categories (behind line items like Cloud, advertising and payroll), with an estimated 11% growth in worldwide business spending.

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Winter Storm Blair: FedEx, UPS and US Postal Service warn of delays

Supply Chain Dive

Delivery services across the central and eastern U.S. have been stymied by the severe weather.

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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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Navigating procurement in 2025: Trends, challenges, and opportunities

Spotlight on Procurement

As we step into 2025, the world of procurement and supply chains is brimming with challenges and opportunities. From navigating shifting global markets to embracing sustainability and technological advancements, this episode offers expert insights into what lies ahead. Host Simon Lipscomb and a panel of Efficio experts explore thekey trends impacting procurement and supply chains across various industries and regions.

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Shippers urge ILA, USMX to reach deal before deadline

Supply Chain Dive

The East and Gulf Coast port labor contract will expire again on Jan. 15, prompting fears of a new strike.

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Potential port strike could bring second round of surcharges

Supply Chain Dive

Hapag-Lloyd and MSC are among the carriers planning fees ahead of a possible work stoppage at U.S. East and Gulf Coast ports.

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Indian Companies Charged with Importing Fentanyl Chemicals into U.S.

Supply Chain Brain

Prosecutors claim Raxuter Chemicals shipped 20 kilograms of the chemicals to New York, falsely labeled as an antacid.

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FedEx Supply Chain lays off 70 employees at multi-client facility

Supply Chain Dive

The workforce reduction in Pennsylvania comes after a customer chose to not renew its contract with the 3PL.

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How Primary Data Can Revolutionize Scope 3 Emissions Measurement

Supply Chain Brain

Shifting from spend-based models to primary data positions companies as responsible actors and innovators ready to tackle the next generation of environmental challenges.

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

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Walmart misled delivery drivers on earnings access, lawsuit claims

Supply Chain Dive

The CFPB says the retailer deposited Spark drivers' pay into illegally opened accounts without their consent.

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Top 5 challenges in agricultural procurement and their solutions

Fraxion

Overcoming common agricultural procurement challenges In the agricultural industry, managing procurement through manual, time-consuming, and paper-based processes can lead to significant inefficiencies, limited visibility, and poor control over spending. This challenge becomes even more complex when managing multiple farms, ranches, and orchards across different locations, each operating as independent entities.

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Lockheed Martin taps next chief supply chain officer

Supply Chain Dive

Abby Lilly will focus on streamlining the defense technology manufacturer’s processes and strengthening supplier partnerships.

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Essential Key Performance Indicators for Procurement Contract Management

Procurement Freelancers

Procurement contract management plays a pivotal role in ensuring organizational success. Effective contract management extends… The post Essential Key Performance Indicators for Procurement Contract Management first appeared on Procurement Blog | Procurement & Supply Chain News.

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How Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform

Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.

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Report: ILA, USMX Meet in Secret Before Start of Official Talks

Supply Chain Brain

Sources told CNBC that the discussions largely centered around hammering out language surrounding automation at U.S. ports.

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Moment Of Truth: Can AI Succeed Where Humans Fail

Procurement Insights

The response to my post on LinkedIn yesterday regarding my recent article – The End Of The Analyst Firm As We Know It , has stimulated quite a discussion. I want to share the following with you and invite you to share your thoughts on this blog or – if you are on LinkedIn there if you prefer. Michael Lamoureux – Jon W. Hansen , I wish they’d be honest and admit all their Tech and Procurement failures … JWH – Michael Lamoureux , I thought the following post was

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Finland to Complete Safety Inspection on Detained Tanker

Supply Chain Brain

The anchor was raised to the surface on January 6 and taken for forensic analysis, the National Bureau of Investigation said in a statement the following day.

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Thank You

Supply Chain Trend

Dear reader, As Im starting 2025 it is time for some change. I will finish my editorship at Foresight, and I will stop this blog supply chain trend. For 15 years Ive been writing this blog and related articles & field studies on average monthly. Content was anchored in S&OP and supply chain planning but touched visioning, strategy execution, company culture & behaviours, communication, philosophy, psychology, automation & augmentation, AI, human-machine collaboration & proces

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A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026

Speaker: Jason Cottrell and Gireesh Sahukar

Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.

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Nvidia Debuts AI for Self-Driving Trucks, Humanoid Robots

Supply Chain Brain

Nvidia also announced partnerships with automotive supplier Continental and autonomous vehicle company Aurora.

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Thinking Carbon Reduction in 2025 – What Every CPO Needs to Consider

Barkers Procurement

The new year presents a great opportunity for FMCG businesses to assess their environmental, social, and governance (ESG) criteria and, more specifically, their carbon-reduction plans. Every leader should ask: Are we on track to deliver? With the Paris Agreement goal of reaching net zero by 2050 on business leaders minds, it is time to take stock. In practice, this means that business leaders, including Chief Procurement Officers (CPOs), should gauge whether they are making a meaningful impact o

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Moody’s Warns of Effects of Potential Dockworkers’ Strike

Supply Chain Brain

Diversion of future shipments to West Coast ports would become more difficult and costly if a stoppage was prolonged as ships back-up and remain unloaded, reducing available capacity.

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