Wed.Feb 05, 2025

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A procurement digital transformation survival guide for practitioners: How to embrace digital without getting lost on the way

Spend Matters

Procurement has evolved from a back-office function to a strategic driver of innovation and value. While technology is at the heart of this shift, jumping on the digital bandwagon isnt always as simple as plugging in some shiny new software. Real transformation demands a mix of creativity, strategy and much patience. Change management isnt a sidekick in this story; its the star of the show.

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Is the Gig Economy the Future of Last-Mile Delivery?

All Things Supply Chain

Last-mile delivery is one of the most critical aspects of the supply chain and logistics process. It requires extensive infrastructure, workers and resources to get packages to their final destinations.

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Strategic Sourcing Best Practices – Proven Strategies for Procurement Success

Jaggaer

Strategic Sourcing Simplified: Best Practices for Maximizing Value Strategic sourcing goes beyond cost savings its about making informed decisions that drive long-term value. A successful approach requires careful assessment of supplier bids, followed by structured onboarding, continuous monitoring, and performance measurement. Now well dive into best practices in these critical areas to ensure a more effective and resilient sourcing strategy.

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MCIPS vs SCMDOJO Procurement Track

SCMDOJO

The world of procurement is constantly evolving, demanding professionals with the right skills and knowledge. Whether you’re just starting your journey or a seasoned pro looking to level up, choosing the right training path is crucial. Moreover, two popular options often considered are the MCIPS qualification from the Chartered Institute of Procurement & Supply (CIPS) and the Procurement Track offered by SCMDOJO.

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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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Source-to-Pay Digital Transformation: Roadmap for Efficiency and Resilience

Jaggaer

The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items. JAGGAER characterizes the steps in this process as Spend Management, Category Management, Sourcing , and Contracts.

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USPS lifts brief suspension of inbound China, Hong Kong packages

Supply Chain Dive

The agency said it's working with Customs and Border Protection to establish a better collection method for additional tariffs placed on China.

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USPS regulator pushes back on network overhaul efforts

Supply Chain Dive

The Postal Regulatory Commission says the agency isn't "laying a foundation for success,” while Postmaster General Louis DeJoy asserts the Postal Service is on the right track.

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Strategic Sourcing Success – Techniques Deployed by Leaders in S2P

Jaggaer

Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting.

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Technology Round-Up — February 5, 2025

CPO Rising

CPO Rising’s Technology Round-Up series continues this week with fresh supply management technology news and updates covering a few recent major announcements. If you are a sourcing, procurement, or spend… The post Technology Round-Up February 5, 2025 appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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The Complete Guide to Source-to-Pay (S2P) and Strategic Sourcing

Jaggaer

Complete Source to Pay cycle and Strategic Sourcing Guide An optimized Source-to-Pay (S2P) process helps businesses enhance procurement efficiency, reduce costs, and improve supplier collaboration. Strategic sourcing plays a critical role in this transformation, ensuring organizations secure the best value while mitigating risk. Explore the fundamentals of S2P, best practices in strategic sourcing, and the key steps for a successful digital transformation.

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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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USPS Reverses Decision to Stop Delivering Parcels from China

Supply Chain Brain

Close to half of all parcels entering the U.S. under de minimis exemptions were sent from China, according to a 2023 report by U.S. Congress.

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Five Priorities for Public Sector Procurement in 2025 – and Beyond

Jaggaer

2024 was widely recognized as a landmark year for elections, with over sixty countries holding significant polls. Across continents, incumbent governments faced mounting dissatisfaction as citizens demanded improved public services. Many taxpayers feel their contributions fail to deliver value for money, citing delayed infrastructure projects, rising costs, and public services struggling to meet growing demand.

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Tariffs could have undue effects on recycling, waste sectors

Supply Chain Dive

New duties could increase commodity prices, hamper supply chains and impact significant trade relationships, industry groups say.

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Turning the Media Into an Ally During a Food Recall

Supply Chain Brain

Rather than asking how can we avoid negative publicity during a recall?, food businesses can flip the question to how can we harness the power of the media to help us protect the public and our brand?

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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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Procurement Snapshot: Navigating tariff uncertainty – what procurement can do

Spotlight on Procurement

In this episode of Procurement Snapshot, hostJessica Spichersits down withMatthew Lekstutis, Director at Efficio, to discuss the evolving landscape of tariffs and the critical role procurement plays in mitigating risks.

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Logistics Firm Ferrari Group’s IPO Seeks Up to €205M

Supply Chain Brain

Ferrari Groups listing will serve as a fresh indicator of whether European IPO activity can build on last years European volumes that topped $20 billion.

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Is Agentic AI one shiny link in a rusty chain?

Procurement Insights

We must stop analyzing tech jargon and instead focus on practical, human-led, agent-based modeling. When I say agent-based, I am not talking about Agentic AI; I am talking about human agents or stakeholders both within and external to an organization. If we don’t correctly understand how humans interact and their specific objectives, then we cannot adequately train Agentic AI to do what we cannot do ourselves.

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Oracle Launches AI Software for Supply Chain Management Platform

Supply Chain Brain

The AI system can provide insights into best practice operating procedures for procurement advisors, as well as data on product forecasts for suppliers.

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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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Volvo Tags Waabi to Develop AI System for Autonomous Semi-Trucks

Supply Chain Brain

Waabi's AI-powered system is designed to allow vehicles to adapt to a variety of different driving conditions and scenarios on roads.

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The Fight for Control of the Panama Canal

Supply Chain Brain

Although Trump has repeatedly said he wants the U.S. to retake the Panama Canal, his actual goals could fall well short of that.

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The Real Reason Behind the Fight for Control of the Panama Canal

Supply Chain Brain

Although Trump has repeatedly said he wants the U.S. to retake the Panama Canal, his actual goals could fall well short of that.

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Panic Over Tariffs Drives up Trade Deficit

Supply Chain Brain

Trump has said tariffs will encourage firms to make their products in the U.S., expressing repeated concern about the size of the trade deficit.

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Procurement Is Navigating a Tech Tsunami (and It’s Upending How You Work)

Procurement is in the middle of a tech tsunami. And if it feels like the old playbooks aren’t working anymore, that’s because they aren’t. Agentic AI. Autonomous procurement. Unified source-to-pay ecosystems. These innovations are converging and transforming how procurement teams operate. The GEP 2025 Procurement & Supply Chain Tech Trends Report breaks it all down.