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Tariffs and Procurement (Part 2): Tariff management and building an action plan

Spend Matters

To manage tariffs effectively, companies must align their tariff strategies with their broader business goals, including product design, pricing, supply chain resilience and sustainability objectives. Tariffs essentially taxes imposed on imports and exports directly impact product cost structures.

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

Spend Matters

On an environmental level, progress toward targets needs to be measurable: not just at the customers company, but across their entire supply chain. On the growth side, selecting sustainable suppliers helps companies improve retention among their customer base. Many thanks to Prewave for sharing this insight with us.

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GM confident it can mitigate tariffs

Let's Talk Supply Chain

Heading 2: Leveraging Supply Chain Resilience for tariff Adaptation General Motors (GM) has announced its confidence in its ability to navigate and mitigate the challenges posed by tariffs through strategic supply chain resilience.

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10 Key Issues The Hackett Group Says Will Impact Supply Chain Transformation in 2021

ivalua

The impact of all of that is that organizations are actively creating geographical supplier diversity within their supply chains, to strike a better balance between cost reduction and agility,” he said. The post 10 Key Issues The Hackett Group Says Will Impact Supply Chain Transformation in 2021 appeared first on Ivalua.

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The Four Critical Points of Stakeholder (Agent) ESG Alignment

Procurement Insights

STAKEHOLDER (AGENT) 3 What are the main concerns for suppliers meeting ESG specifications? Suppliers face several obstacles in meeting ESG (Environmental, Social, and Governance) specifications, stemming from resource limitations, regulatory complexities, and operational challenges. Reference to Scoutbee buycott versus boycott post.

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2011 To 2025: The Evolution Of How The C-Suite And Boardroom Views Procurement

Procurement Insights

20152020: Procurement Gains Strategic Recognition Emergence of Strategic Sourcing : CFOs began to recognize procurement’s role in driving long-term value through strategic sourcing, supplier relationships, and risk management. Analytics and insights from procurement data were minimal.

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Arkestro Secures $36M in Strategic Investment to Accelerate Predictive Procurement Innovation

Arkestro

View Press Release Arkestros Predictive Procurement Platform leverages AI, behavioral science, and game theory to accelerate procurement cycles, enhance supplier collaboration, and drive an average of 18.8% cost savings on every $1M of spend. Learn more at www.arkestro.com.