Sat.Dec 14, 2024 - Fri.Dec 20, 2024

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

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. Mike Jud , Senior Director Customer Experience at P2P solution provider Vroozi , shares what their customers are looking for from their digital procurement investment.

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Procurement Fraud: Identifying Risks and Effective Management Strategies

Skill Dynamics

Procurement fraud is often overlooked, but it can tear away at your company’s integrity and reputation from the inside if left unchecked for too long. Activities such as bribery or inflated invoices can lead to severe legal repercussions, significant financial losses, and can damage your brand beyond repair. Proactively identifying and managing procurement fraud is incredibly important when safeguarding your organization’s future.

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ESG Supply Chain Monitoring and Reporting

Barkers Procurement

In the realm of modern business practices, Environmental, Social, and Governance (ESG) criteria have become integral to shaping the strategic framework of organisations aiming to operate sustainably and ethically. For companies committed to embracing these principles, monitoring and reporting ESG metrics within the supply chain is not just a regulatory requirement but a strategic imperative that enhances transparency, builds trust, and secures a competitive edge.

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Private Events as a Marketing Strategy - Gregory Vider from Apadua

The Procuretech Podcast

In this episode of The Procurement Software Podcast, host James Meads welcomes Gregory Vider, co-founder and CEO of Apadua, to discuss their recent Indirect Procurement Days invite-only mini conference held near Frankfurt, Germany. Their conversation delves into the benefits of networking in a more intimate setting compared to larger conferences. Tune in to explore how these innovative events could shape the future of marketing in the procurement space.

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Precision in Motion: Why Process Optimization Is the Future of Manufacturing

Speaker: Jason Chester, Director, Product Management

In today’s manufacturing landscape, staying competitive means moving beyond reactive quality checks and toward real-time, data-driven process control. But what does true manufacturing process optimization look like—and why is it more urgent now than ever? Join Jason Chester in this new, thought-provoking session on how modern manufacturers are rethinking quality operations from the ground up.

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Tariffs and Procurement (Part 3): Tech capabilities for proper tariff management

Spend Matters

In part 1 of this mini series on tariffs we looked in more detail at what we mean by tariffs and in part 2 we talked about a Procurement action plan. In part 3 we look at the tech that can support Procurement in tariff management. Effective and efficient tariff management is rooted in robust direct materials and supply chain risk management. Together, these disciplines empower organizations to handle tariff-related risks (and a broader range of supply chain challenges that extend well beyond tar

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ZIP, ProPurchaser, MS Excel: Which One Is Right For Your Procurement Organization Right Now?

Procurement Insights

Since most people using ChatGPT trust the outcome (an estimated 60% to 80%), I thought I would throw it a curve ball and ask who ProPurchaser’s main competitors are. It would be an understatement to say I was surprised that ChatGPT identified ZIP as one of ProPurchaser’s top five competitors. I then asked the next (and obvious) question, why are ZIP and ProPurchaser considered competitors?

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Best Of 2024: Can Amazon “Reshape” the Procurement Industry?

CPO Rising

Editors Note: Over the next few weeks on CPO Rising, were publishing some best of 2024 articles as we reflect on the year and prepare for the new year ahead.… The post Best Of 2024: Can Amazon “Reshape” the Procurement Industry? appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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Skill Dynamics Recognized in Spend Matters’ Modern Procurement Training Report

Skill Dynamics

Were excited to share some great news: Skill Dynamics has been featured in Spend Matters “ The Modern Procurement Training Landscape ” report! This recognition reflects our dedication to delivering premium training that helps procurement professionals stay ahead of the curve. The Spend Matters report explores how procurement training is adapting to meet the challenges of a rapidly changing business world.

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What Does The Term Silent Slope Mean To You?

Procurement Insights

Even nonsports enthusiasts in procurement will get this analogy. The Canadian Football League has nine teams. When I was growing up in the 1960s, two of the nine teams were called Roughriders. With only nine teams, the league couldn’t figure out how to come up with nine different original names, which was a common joke. The only way to distinguish between the two teams is by how “Roughriders” were spelled.

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WNS Procurement, powered by The Smart Cube: Vendor Analysis — Risk, Category and Commodity Intelligence and AI Assistant solutions overview, competitors, user considerations, analyst summary

Spend Matters

In this Spend Matters Vendor Analysis, we give an overview of WNS Procurements digital offering. The years 2020 and 2021 showed that a majority of businesses were unprepared to tackle significant disruptions and changes in their supply chains, and the business environment is still more volatile and uncertain than ever. Supply disruptions and market dynamics impacted many companies because they had limited visibility into their supply chains, no structured risk management programs and inadequate

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Reducing Global Lead Times To Improve Customer Experience At Becton Dickinson

Product lead time is crucial in the life sciences industry and represents a key consideration for customers’ purchasing decisions. For this reason, BD Biosciences aimed to optimize its global supply and distribution network to reduce delivery lead time to customers and optimize its global inventory. How BD Biosciences was successful in reducing global distribution lead times between 30% and 60% in addition to: Increasing agility to prioritize urgent and ad-hoc customer requests Increasing global

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AI Expert Noelle Russell Highlights Industry Transformation at MEMA Luncheon

Arkestro

Resources / Blog / AI Expert Noelle Russell Highlights Industry Transformation at MEMA Luncheon AI Expert Noelle Russell Highlights Industry Transformation at MEMA Luncheon Arkestro was recently a proud sponsor of the MEMA OE Women In Industry Luncheon, where AI expert Noelle Russell , delivered an insightful keynote address on artificial intelligence’s transformative impact across industries.

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Best of 2024: Magnus Mondays — Why Is There No “Mega Vendor” in the Procurement Space?

CPO Rising

Editors Note: Over the next few weeks on CPO Rising, were publishing some best of 2024 articles as we reflect on the year and prepare for the new year… The post Best of 2024: Magnus Mondays Why Is There No Mega Vendor in the Procurement Space? appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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Which presents the greatest challenge to you, negotiating with a supplier when costs go up or down, and why?

Procurement Insights

Marijn Overvest – Procurement Tactics (LinkedIn Post) Supplier-Procurer Dynamics, Unfiltered! We love talking to procurement Really? Lets be honestthose chats seem to flow better when its about justifying price increases rather than revisiting reductions. When raw material prices increase, suppliers are quick to bring it to the table (and fair enoughcosts are costs!).

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441: Leverage Drayage Rating and Quoting Best Practices to Improve Supply Chain Management, Visibility and Logistics Execution, with CargoWise Landside

Let's Talk Supply Chain

Today Im joined by digital solutions company CargoWise Landside. CargoWise Landsides suite of logistics solutions are built to power the movement of containers by road, rail, and container exchange. Ushering in a new era of container efficiency, Landside is designed to streamline your drayage operations, from order intake to billing, for maximum efficiency and success, all on one powerful platform.

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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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Talent Talks Live 2024: How AI is shaping the future of Procurement – Episode 106

Procurement Talk with David Byrne

Listen on Apple Podcasts Listen on Spotify Watch on YouTube Summary On this episode of Talent Talks, Samuel De Frates, Kathryn Thompson and Bilal Shaykh discuss the transformative role of AI in procurement, exploring its potential to enhance supplier selection, risk management, and overall efficiency. They delve into the challenges faced by procurement professionals, … Continued The post Talent Talks Live 2024: How AI is shaping the future of Procurement – Episode 106 appeared first

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Part Three: Expanding Procurement’s Influence — Connecting Strategy, Users, and Technology

CPO Rising

Did you miss Ardent Partners’ recent webinar,Cast a Wider Net: Leveraging Innovation to Expand Procurements Influence and Impact,that shed light on how procurement can deliver greater value by focusing on… The post Part Three: Expanding Procurement’s Influence Connecting Strategy, Users, and Technology appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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In the Practitioner’s Words: From Scientist And Clinical Management To Sourcing Procurement (Pharma)

Procurement Insights

Subject: Stephane Maillard, Head of Sourcing Strategy and Execution ProcureTech Provider: Focal Point Summary: In a recent interview, Jon Hansen interviewed Stephane Maillard, a scientist with a pharmacy background who transitioned from clinical management to sourcing procurement at Sanofi. The discussion began by highlighting Stephane’s experience and the need for a documentation and project management tool to streamline clinical services.

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CSCMP Certification VS SCMDOJO: Which Platform To Choose?

SCMDOJO

CSCMP Certification and SCMDOJO are rich in knowledge and resources, but we must distinguish their prominent differences to select the best. As you know, time is money and should be utilized wisely. Isnt it high time we chose one to elevate your supply chain career? Lets dig deep and analyze what we need to know about both these platforms. Overview: CSCMP Certification VS SCMDOJO CSCMP Certification They offer certifications, such as the ScPro, Certified Supply Chain Professional (CSCP), and Cer

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Breaking The Commerce Bottleneck: Your SAP Exit Plan Starts Now

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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Navigating the Perfect Storm: How 2024’s Holiday Supply Chain Challenges Can Drive Innovation

All Things Supply Chain

As we head into the 2024 holiday season, the global supply chain faces a convergence of.

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Ocean carriers plan Panama Canal surcharges

Supply Chain Dive

MSC and CMA CGM will implement fees for cargo traveling through the major waterway on certain trade lanes to offset increased costs.

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Do concerns about technical debt stifle innovation and initiative success?

Procurement Insights

“ Technical debt is a concept in software development and IT that refers to the accumulated cost of additional work caused by choosing short-term solutions or quick fixes instead of more robust, long-term approaches. These shortcuts may save time or resources initially but can lead to problems down the line, requiring extra effort to address and maintain the system.” (Source: ChatGPT) No one ever got fired for buying IBM.

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Unlocking exponential value

Procurement Leaders

With all thats going on in the world, maintaining supplier collaboration initiatives can seem overwhelming at times especially when the returns can be opaque and difficult to quantify. Most readers will agree that formal supplier collaboration programmes are worth doing; they can unlock huge amounts of value and tap into significant innovation to support growth agendas, sustainability programmes and resilience efforts.

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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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The Final Wrap-up of this Year – The ATSC Awards 2024

All Things Supply Chain

“A Festivus for the rest of us!” Frank Costanza As Frank Costanza reminded us with my traditional Seinfeld reference, the holiday season is about celebrating in our unique ways.

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Will the ILA strike in January? Experts weigh in.

Supply Chain Dive

Industry observers have differing views on the likelihood of a strike, which would add to the logistics hurdles shippers are already facing.

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The Model-T, Air Travel And ProcureTech Solutions

Procurement Insights

BERTRAND MALTEVERN – Jon , about #2 and make vs. buy. Good points and I tend to be on the buy side. However, here are considerations for make that are important (from a large and very reputable organization): * If (competitive advantage = yes) then make * Make can also mean speed and agility because buy means the need to go thru IT (this is, again, from a large, reputable, mature, procurement org.) * Make is the best way to experiment, learn, and build capability it is, for me, the most re

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The State of Shipping and Logistics in 2025 and Beyond

Supply Chain Brain

Many of these trends are already picking up speed, and much will come down to rapidity of adaptation and adoption, both practice and tech-wise.

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From Basic to Brilliant: Early Optimization of Material and Transport Planning

Explore how a global manufacturing organization steadily advanced its supply chain maturity – starting with basic transportation management and evolving towards a fully integrated, optimization-driven planning approach. Get an inside look at a multi-year 4PL collaboration journey, culminating in the implementation of 4flow TORO to unlock the full potential of early optimization in material and transportation planning.

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Risk Management Strategies From Leading Sourcing Consultants

Procurement Freelancers

Market uncertainties across the globe have transformed how businesses approach procurement practices. Sourcing consultants now… The post Risk Management Strategies From Leading Sourcing Consultants first appeared on Procurement Blog | Procurement & Supply Chain News.

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Fed trims main interest rate, signals prospect of less easing in 2025

Supply Chain Dive

Policymakers reduced the benchmark interest despite signs that their nearly three-year fight to push down inflation to their 2% target has stalled.

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Material Handling & Logistics: Navigating Supply Chain Disruptions: Then And Now

Arkestro

The post Material Handling & Logistics: Navigating Supply Chain Disruptions: Then And Now appeared first on Arkestro.

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Safeguarding Supply Chain Sustainability This Holiday Season

Supply Chain Brain

The holiday shopping season is a make-or-break moment for businesses, but its also a time when sustainability efforts face significant challenges.

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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.