Sat.Jan 06, 2024 - Fri.Jan 12, 2024

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CPO Crunch: Looking back on the ‘year of AI’

Procurement Leaders

Just before the holidays, Jim Ridgwick, director of procurement at Save the Children, led a Procurement Leaders community session to share how he and his team had executed a significant digital transformation at the charity. The results of the transformation were profound: a 50% reduction in the number of days to delivery, as well as much tighter financial controls and supplier visibility in a sector where “because it’s a matter of life and death, speed is of the essence”.

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The Missing Link: Procurement’s Critical Role in Maximizing Reverse Logistics Efficiency

Supply Chain Brain

When tech companies began offloading their reverse logistics businesses, industry giants with physical capabilities were waiting, eager to see if they could deploy those capabilities in-house.

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When the dust settles, what can AI actually deliver in procurement?

Spend Matters

This content does not necessarily express the views or opinions of Spend Matters. There’s been a lot of hype around AI this year. ChatGPT-3 made almost every news headline, lauded as a groundbreaking tool that will change the operations of every industry. In reality, when the dust settled, it wasn’t the perfect solve-all solution people initially thought it was.

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What does the C-Suite think about procurement? Are we still living in a van down by the river?

Procurement Insights

TRIGGER WARNING: This is a parody – no procurement professionals or C-Suite execs should be offended by the contents of this video. However, it does raise an important question – what “other things” will the acceptance of procurement as a strategic partner lead to? Here is another question: Is it time that procurement moves out of the van “down by the river?

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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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Would you really use an RFP to buy procurement technology? REALLY!!

Procurement Insights

“There is so much procurement technology out there, but how do you select what is right for you? I am really against doing an RFP, and here are the 3 reasons why.” – “There is so much procurement technology out there, but how do you select what is right for you? I am really against doing an RFP, and here are the 3 reasons why.” – (NOTE: Click the link to find out Bac’s 3 reasons) Nico Bac (LinkedIn Post, January 9th , 2024) Like salt and pepper, Abbott a

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Introducing Art of Supply

Art of Procurement

Effective today, Dial P for Procurement is the Art of Supply podcast. Building on the strength of the category-leading Art. The post Introducing Art of Supply appeared first on Art of Procurement.

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Five Stops on a Road Map to the ‘Perfect Order’

Supply Chain Brain

Companies planning longer-term fulfillment strategies for growth and resilience will need direction in reaching "order and delivery excellence," allowing them to move beyond siloed operations.

Strategy 140
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How to Implement Vendor Management Software Successfully

ProcurePort

In business, organizations rely on vendor relationships to shape their success. These relationships are complex and important for operations. Managing these relationships efficiently is no longer a choice but a strategic imperative. As businesses expand their network of suppliers, service providers, and collaborators, the complexity of vendor management grows exponentially.

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New Year Insights for the procurement solutions and services marketplace 2024: Amazon Business

Spend Matters

Spend Matters is publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. We are highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.

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Circularity could reduce dependence on China for rare earths: study

Supply Chain Dive

Reuse and recycling could help the U.S. meet up to 40% of its demand for materials critical to the energy transition, according to a new scientific paper.

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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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USDOT Provides Update on Transportation Infrastructure Improvements

Supply Chain Brain

The National Roadway Safety Strategy showed that roadway safety planning improved for over 70% of the U.S. population while funding for safety improvements went towards 4,515 intersections.

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10 Must-Listen Supply Chain Podcasts for Industry Professionals

SCMDOJO

In this fast-changing world, if you are a supply chain professional looking to stay up-to-date with the latest industry trends, podcasts are the best way to do so. Here we have compiled a list of must-listen supply chain podcasts for people who are interested in knowing everything about the industry. These podcasts cover the latest technological updates and advancements with different industry experts sharing their expertise and knowledge.

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New Year Insights for the procurement solutions and services marketplace 2024: SpendHQ

Spend Matters

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.

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Extreme weather is 2024’s top supply chain risk: Everstream

Supply Chain Dive

Wildfires, rains and droughts could cause shipping delays, while agricultural commodities might face shortages from weather and other factors, the analytics firm said.

Risk 140
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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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2024 Predictions: A New Era of Strategic Supply Chain Design

Supply Chain Brain

The time for pandemic-era thinking is over. This will be the year of strategic supply chain design — but companies must be shrewd in their technology and vendor selection.

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Turning the Page: One industry’s paper-thin use of AAA

SCMR (Supply Chain Management Review)

Developing agile, adaptable, and aligned supply chains can help the printing-paper industry weather supply chain turmoil.

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Billhop: Vendor Analysis — Working capital financing and tail spend management solution overview, roadmap, competitors, tech selection tips, analyst summary

Spend Matters

This Spend Matters Vendor Analysis provides an overview of Billhop and its solution for working capital financing and tail spend. Billhop addresses common payments pain points for large enterprise organizations, such as working capital and tail spend. ERP systems normally have issues that cause problems for buyers, such as low value transactions and high costs to onboard suppliers.

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Shortages 2024: What supplies are still at risk after years of disruption?

Supply Chain Dive

Excess inventory may be in focus, but climate change, geopolitics and structural supply chain challenges continue to threaten some goods.

Risk 140
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State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

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India Facing Surprising Shortage of Factory Workers

Supply Chain Brain

Instead of seeing workers move onto factory floors, India appears instead to be de-industrializing.

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Top 6 predictions for AI advancements and trends in 2024

IBM Supply Chain Blog

In 2024, the initial cultural fascination with early generative AI yields tangible business results. This technology, which includes the ability to process and generate text, voice and video content, is revolutionizing how companies enhance productivity, foster innovation and stimulate creativity. According to McKinsey & Company , these AI applications have the potential to contribute between USD 2.6 trillion and 4.4 trillion annually to the global economy through various business scenarios.

Ethics 100
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Covalyze: Vendor Analysis — Cost analytics solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

In this Spend Matters Vendor Analysis, we provide an overview of Covalyze and its solution for cost analytics. Many category managers and buyers struggle with data transparency and aggregation. Due to data segregated into multiple systems (ERPs, PLMs), lack of proper MDM, missing technical specifications and manual data management, it is difficult to the point of being nearly impossible to get a holistic view of all the data they need, especially when it comes to deep and detailed information on

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Supply chain trends 2024: rising operations costs

Supply Chain Dive

Labor, materials, cybersecurity and insurance spending will likely continue to increase this year.

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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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Choosing Warehouse Sorting Systems for the Future

Supply Chain Brain

Perhaps more than any other warehouse systems, sorters are also among the most time-tested and multi-faceted solutions in use today.

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Canada Continues Attracting Battery Producers

Procurement Bulletin

Canada Continues Attracting Battery Producers Canada continues to attract investment in the battery supply chain. The latest is a Japanese company considering in investing $1.6 billion in building battery facility in Manitoba. Manufacturing in Canada Slows Down Manufacturing accounts for 10% of Canada’s GDP, but it saw a slowdown in manufacturing last month due to decreasing demand.

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Predictions for the future of the CLM market

Spend Matters

While 2023 was not necessarily a transformative year for the typically innovative area of contract lifecycle management (CLM), it did lay the groundwork for the market’s future. Of course, much of this is due to generative AI (GenAI). Many CLM providers unveiled GenAI-based chatbots throughout the year, with some also developing or releasing more advanced features.

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Federal program aims to solidify food supply chains

Supply Chain Dive

Regional hubs across the country are supporting the growth of local agriculture, tailoring services based on the area of the country and the farmers involved.

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Staying Ahead of UFLPA Enforcement: Best Practices for Retail Supply Chains

Speaker: Ethan Woolley, Director at Kharon

This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia

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Navigating Peak Seasons: E-commerce Fulfillment Best Practices

Supply Chain Brain

Throughout the year, there are certain times in which it's particularly important for consumers to have a flawless e-commerce experience.

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Digital Learning in Uncommon Fields: How Niche Subjects Are Taught Online for College Students

SCMDOJO

Digital learning has reshaped the realm of education, providing college students with the chance to explore a wide range of subjects online. With the rise of digital education, students now have access to courses that were once considered too specialized or unusual for traditional classrooms. This shift has opened doors for learners to delve into unique and fascinating fields of study, such as supply chain , from the comfort of their homes.

Ethics 96
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New Year Insights for the procurement solutions and services marketplace 2024: Prevalent

Spend Matters

For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market. This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.

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FAA steps up oversight of Boeing production in wake of Alaska Airlines incident

Supply Chain Dive

The agency will audit the aircraft maker’s 737-9 Max production line and suppliers like Spirit AeroSystems, which has been plagued by its own quality woes over the last year.

Quality 136
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From Rigid To Resilient: Why Enterprises Need Modular Commerce Now

Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón

Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how a composable approach helps modernize commerce stacks while maintaining control over critical systems.