3 Benefits of Reshoring for the High Tech Industry
The Network Effect
OCTOBER 27, 2023
Reshoring: The benefits and hazards of reshoring, reduce supply chain risk, simplify your supply chain, and.
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The Network Effect
OCTOBER 27, 2023
Reshoring: The benefits and hazards of reshoring, reduce supply chain risk, simplify your supply chain, and.
Supply Chain Dive
JULY 5, 2023
Fewer than a third of companies in the industry have set reduction targets, while taking action is complicated by diffuse, intricate supply chains, according to Accenture.
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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization
Procurement Insights
MARCH 25, 2024
I have learned a thing or two after 40-plus years in high-tech and almost as long in procurement. Here are three brief video case studies on landing multimillion accounts using only the above advice: Case Study 1 – [link] Case Study 2 – [link] Case Study 3 – [link] Everyone is an expert, right!
Procurement Insights
JANUARY 29, 2024
After 40-plus years in high tech and almost as long in procurement, I can say with great certainty two things: 1. We need AI solution provider leadership to step out from behind their company’s logos and demonstrate their experience and expertise in solving the problems of the industries they seek to serve.
Advertiser: GEP
The high-tech and telecom sectors face a contract management crisis if the process isn’t managed properly. Continual technological changes necessitate adjustments to manufacturing and supply chain processes, leading to a heavy volume of contracts that outpaces most industries.
Spend Matters
DECEMBER 15, 2023
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.
The Thomas Blog
AUGUST 2, 2022
The pandemic, trade agreements, and changes in the economy have impacted the industry as a whole, but it's still on target for billion dollar growth in the years ahead. Know your high and low (or no) margin jobs, and then communicate the expertise and equipment that will maximize your returns. Take Tex Tech Industries , for example.
Let's Talk Supply Chain
MARCH 8, 2024
In today’s episode of Women In Supply Chain, I’m joined by Lisa Dolan – a multi-award-winning supply chain professional, board member and speaker, dedicated to empowering women and girls across the industry. 17.29] The many and varied ways that the industry has changed over the course of Lisa’s career so far.
Procurement Insights
APRIL 5, 2024
” Over the past 40-plus years, I have been in high-tech and procurement, and I can confidently say that today’s technology is generally solid and reliable across the board. In short, AI is not really a technology play but an industry experience and expertise competition.
SCMDOJO
MARCH 25, 2024
The supply chain industry is vital to the global economy with its complex network of activities, people, organizations, information, and resources. Here are six essential tips for students to enter and thrive in the supply chain industry.
ivalua
JUNE 26, 2023
Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.
The Thomas Blog
AUGUST 15, 2022
Industrial marketing can help you create a competitive strategy and drive financial success. With that background out of the way, let's dive right in and discuss more about what industrial marketing is and its impact. What Does Industrial Marketing Mean? Why Is Industrial Marketing Important? You're ahead of the game.
Procurement Insights
MARCH 2, 2024
I had an opportunity to talk with an IT industry icon about their upcoming series on achieving client success in 2024 and beyond. While confirming what I have been saying about the commoditization of technology – including provider solutions in the procurement industry, I must admit I was floored by several revelations.
Spend Matters
SEPTEMBER 14, 2023
Spend Matters constantly updates its understanding of the state of the procurement tech market via RFIs for our SolutionMap dataset, vendor interviews, global event attendance and product demos with the aim of keeping tech-selection decision makers ahead of market trends. Many thanks to SAP.
Procurement Software
APRIL 23, 2024
Spend analytics software would be the first tech investment I’d make in a greenfield Head of Procurement role. If you want to search the whole range of procurement tech companies out there beyond just spend analytics solutions, then check our our free software directory. Their founding team come from the automotive industry.
Supply Chain Game Changer
JANUARY 26, 2022
Healthcare logistics is moving towards an approach that involves more technology and data to bring revolutionary changes in the industry. With a similar model in the healthcare industry, a lot of changes can be made. The current circumstances demand collaboration between technology and data to influence the way this industry operates.
The Thomas Blog
APRIL 13, 2023
Specializing in custom magnetics, the company's offerings include a range of transformers, inductors and chokes, and high-frequency magnetic products. They serve a range of industries including aerospace, waste, oil and gas, and other sectors. They also offer engineering kits and other custom items. SAE Manufacturing Specialties Corp.
Skill Dynamics
DECEMBER 12, 2022
Our content and tech teams have been working hard to create loads of new content and feature enhancements and we’ve recently also launched six full high-impact learning courses, four new microlearnings, and five new application-based tasks. What else is new? About Skill Dynamics.
Procurement Insights
JANUARY 28, 2024
It is critical for our industry’s success to encourage more women to enter the STEM fields. As a side note, I entered the high-tech world in 1983. .” When I interviewed Kevin Peesker – who was at the time President of Microsoft Canada, he said two things that continue to resonate with me: 1. million today.
Positive Purchasing
AUGUST 18, 2023
Join us at the world’s most influential tech event for the procurement and supply chain industry As great champions of digital procurement, we are sponsoring DPW Amsterdam this year!
Spend Matters
MARCH 11, 2024
At Spend Matters, it’s as important for us to get to know the requirements and opinions of the procurement community of practitioners as it is for us to understand the world of tech solutions and their providers. Use a tech platform to onboard riders (interestingly they ended up building their own). Collect the views of the business.
Spend Matters
MARCH 25, 2024
Stuart formed this firm after spending more than 30 years in third-party risk management, procurement, data privacy and compliance for numerous industries including financial services, life sciences and legal. We were interested in his view on GenAI use cases, particularly in the contracting world where we see a lot of uptake by tech vendors.
Procurement Insights
OCTOBER 12, 2023
.” “With today’s digital tech, the reliability of solutions from each provider working is not questioned. The critical play is not the tech but the expertise behind the tech – the market expertise and experience to leverage tech to solve a problem.”
Spend Matters
SEPTEMBER 21, 2023
Spend Matters constantly updates its understanding of the state of the procurement tech market via RFIs for our SolutionMap dataset, vendor interviews, global event attendance and product demos with the aim of keeping tech-selection decision makers ahead of market trends. What is EcoVadis doing to address these customer challenges?
Positive Purchasing
APRIL 6, 2023
He’s an experienced leader with a proven history of success across multiple industries, especially in healthcare and IT procurement. Kris describes himself as a “seeker of truth”, and here he takes a look at the tech landscape in procurement – and in particular, data. Start at a high level and progressively drill down.
Let's Talk Supply Chain
JULY 31, 2023
Commtrex is a tech-enabled rail logistics provider with a team of experienced rail professionals, an extensive network of partners, and a best-in-class technology platform that simplifies the movement of freight and creates a competitive advantage.
Procurement Tactics
JANUARY 9, 2023
The Shift Towards Sustainability While maintaining high Profitability. We, at procurement tactics, will tackle how you can transform into a sustainable business while maintaining a high margin or profitability. Transforming Into a Sustainable Business While Maintaining a High Margin. 33 Procurement Interview Questions in 2023.
Spend Matters
APRIL 4, 2024
Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters Insider content. Each article gives an overview of the technology’s relevant capabilities, how GenAI is used and a high-level market outline that is informed by our recently conducted vendor survey.
Procurement Tactics
JUNE 30, 2023
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter 8 US Appliance Parts Suppliers — Top Factors, Choosing Guidelines, Pricing, and Review The US appliance parts industry experiences a period of significant growth and transformation.
IBM Supply Chain Blog
DECEMBER 8, 2023
The center’s goal is to accelerate your career growth and validate your skills with industry-recognized credentials. Become a certified Cloud professional architect: join the community Cloud professional architects are always in high demand. The downloadable presentation includes the most frequently missed questions on the exam.
Procurement Insights
NOVEMBER 21, 2023
In my December 2019 post , Sorry, Charlie, there is something wrong with the world’s seafood supply chain I talked about consumer demand for tracking the seafood industry from source to plate. I realize that the above examples focus on the food industry.
SCMDOJO
FEBRUARY 24, 2022
The tech industry took the biggest hit given the much-publicized global chip shortage. In fact, Tesla reached a record high in deliveries in 2021, boosting them by 87% and pushing shares up in the process. Evidently, even the giants of industry know the importance of alliances during hard times.
Spend Matters
DECEMBER 19, 2023
In eWorld dispatch 2 we covered the new procurement tech vendors exhibiting at eWorld and gave a run down of their key capabilities and plans, including Advanced spend management suite, PAID tail spend procurement automation, and Vendr SaaS buying platform. He then went on to discuss the huge impact of tech on the supply chain industry.
Spend Matters
APRIL 19, 2023
Categories: eProcurement / Procurement , Procurement Systems & Architecture , Sourcing Tags: PRO Public sector industries are certainly a different beast from their private sector cousins, and information technology is no exception. The second focuses on the product’s strengths and weaknesses and offers tech selection tips.
Spend Matters
DECEMBER 12, 2022
To customers — TradeCentric provides an industry- and platform-agnostic tool to process invoices, POs and PunchOuts making it highly accessible. To potential buyers — TradeCentric works within any industry and ERP, offers a subscription-based service and supports over 55 currencies. Read more. ).
ivalua
JUNE 15, 2022
Automation and innovation are at the forefront of the supply chain industry with procurement acting as a key enabler in the process. Körber, a leading international technology group with over 10,000 employees, aims to be a tech leader in procurement to open the door in supply chain performance and drive innovation in the community. .
Spend Matters
OCTOBER 25, 2022
Categories: Procurement Strategy & Planning , Purchasing , Technology Tags: procurement strategy and planning , SaaS It’s time procurement caught up with the fourth industrial revolution. Even today, procurement tech companies still seek to optimize the old paradigm of “buying more for less” without challenging it.
Spend Matters
AUGUST 2, 2023
Spend Matters constantly updates its understanding of the state of the procurement tech market via RFIs for our SolutionMap dataset, vendor interviews, global event attendance and product demos with the aim of keeping tech-selection decision makers ahead of market trends. Time to value is incredibly important.
Procurement Software
FEBRUARY 13, 2024
GHG Protocol: The Standards and the Tech for Scope 3 Emissions Reporting The regulations and guidelines around Scope 3 emissions vary depending on the region and the specific regulatory framework. Sector-Specific Guidelines Certain industries have specific guidelines or expectations for Scope 3 reporting.
Procurement Insights
FEBRUARY 17, 2024
” This “class distinction,” as I will call it, is certainly not new to the industry. As in 2006, Danone was once again an active participant in a leading-edge conversation on where our profession and industry are heading – which brings us to Danone’s Mike Sloboda’s 2024 article in Food Logistics.
Spend Matters
OCTOBER 19, 2023
How dSilo came into being Sharad Malhautra and Jay Gutta, with 45 years’ experience between them in procurement and supply chain, tech development and supply chain consulting, formed dSilo in 2020. You can also find our existing coverage of dSilo here in our more in-depth subscription Insider analysis.
Procurement Insights
NOVEMBER 23, 2023
Here is the link – [link] It also brought to mind a discussion I had with the CEO of a notable tech company, who said – “I believe that most salespeople in high tech can make a great living without making a sale by changing companies every year or two.”
Let's Talk Supply Chain
NOVEMBER 16, 2022
We learned an important lesson in 2022 – The industry is changing, and we need to change with it. Quote too high, and you won’t win the business; quote too low, and you’ll lose money trying to service it. Let your tech complement your process. Many brokerages didn’t have a tech play until the pandemic.
Procurement Insights
DECEMBER 19, 2023
Of course, depending on the industry, a LOSS LEADER strategy can be something other than price-centric. In the early days of my high-tech career, I would “sell” my expertise and service delivery instead of selling my product to a client. For example, relationship-centric and service-centric.
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