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Today I’m joined by the most recommended real-time transportation visibility platform in the world, Shippeo. Shippeo is a global leader in real-time multimodal transportation visibility, helping major shippers and logistics service providers operate more resilient, sustainable, and customer-centric supply chains.
From simple automations that save time to sophisticated strategies that drive major business value, embedding AI in your business processes can provide immense value. These mid-level AI applications dont just save time; they empower procurement teams with better information, stronger supplier relationships and a sharper strategic edge.
You’ll learn how to review your current approach, pinpoint gaps, and start implementing improvements right away, focusing on automation, data visibility, and stakeholder alignment. Key Takeaways A modern procurement strategy must be tightly aligned with business objectives and supported by real-time data.
You’ll learn how leading organizations are using procurement technology like Ivalua to regain control, reduce risk, and deliver real business value. Guided buying, budget enforcement, and integrated supplier data are essential to controlling maverick spend and improving procurement visibility.
You’ll learn how to review your current approach, pinpoint gaps, and start implementing improvements right away, focusing on automation, data visibility, and stakeholder alignment. Key Takeaways A modern procurement strategy must be tightly aligned with business objectives and supported by real-time data.
393% ROI from process automation, better visibility, and replacing old systems. Reductions in procurement overhead, coupled with increased spend visibility, innovation opportunities, and streamlined supplier engagement. These disjointed processes introduced inefficiencies, increased human errors, and limited visibility into spend.
big data) in realtime, spotting correlations and trends that would otherwise go unnoticed. Optical character recognition (OCR) digitizes invoices and contracts, eliminating time-consuming manual data entry. For a more in-depth exploration of AI in Procurement, check out this AI Leadership Guide for Procurement.
This shift has pushed supply chain leadership to pivot from reactive management to proactive strategy built on data. In this environment, business leaders need clear, data-based insights to make real-time decisions. Analytics-driven leadership encourages cross-functional collaboration.
Thats where AI steps in, offering a proactive approach to predicting supplier lead times and optimizing demand forecasts for buyers. It is not only reducing spending on spare parts and improving inventory management, it is helping manufacturers create digital twins of their machinery to anticipate breakdowns before they happen.
The software needs of perishable goods distributors require temperature monitoring and time-sensitive routing functions that standard platforms usually lack. Seamless Integration Logistics operations in modern times need system-wide communication between CRM, ERP and IoT platforms.
Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data. The success of the Procurement team at Utz Brands, Inc.,
Vehicles are sidelined, drivers grow frustrated, and delivery times slip. Fleet leadership turnover causes instability far beyond the shop floor. Driver and technician shortages are widely recognized challenges, but leadership turnover is often overlooked. Drivers notice when leadership disappears. It’s not just savings.
Each function’s objectives often overlap, particularly in areas such as financial reporting, cost management, budgeting and data-driven decision making, so when procurement strategies align with finance-led initiatives, organizations gain greater financial visibility, improved efficiency and stronger risk control.
With better visibility and stakeholder alignment, procurement can manage requests more efficiently, reducing risk and boosting resilience. From there, workflows adapt in realtime. Supplier onboarding cycle times often exceeded 20 days, and data stewards spent weeks on research per request. AI suggests actions.
How to gain visibility and control of your indirect spend. These portals improve real-timevisibility into purchase orders, payment timelines, and dispute resolution, directly enhancing vendor satisfaction. [5] How to report and analyze indirect spend to identify savings opportunities.
At the time, organisations were understandably keen to capture the benefits but, in many cases, they took leaps of blind faith and dot.com became dot.bomb. People like to do what they have always done, even if they could save themselves time and effort by doing things differently. This is especially true in procurement!
It can open doors to career advancement and leadership roles. Real-World Focus: SCMDOJO courses often incorporate real-world case studies, expert interviews, and practical exercises, ensuring that you gain relevant and applicable knowledge. Moreover, it focuses on practical skills and knowledge that can be applied immediately.
using e-procurement for visibility) support organizations facing disruptions. Experience in Procurement & ProcureTech Analyst Procurement Experience & Involvement Pieter den Hamer Indirect connection provides AI frameworks that can apply to procurement, but no direct procurement leadership or category expertise.
When business units submit purchasing needs through ad hoc methods such as emails, verbal communication, or disconnected tools, it leads to delays, misalignment, and reduced visibility for procurement teams. Standardization helps minimize incomplete or inaccurate requests, which in turn reduces processing time and errors.
By leveraging contract redlining software, procurement teams can collaborate with new suppliers in real-time, accelerate contract negotiations, and ensure accuracy and alignment in contract terms and conditions. This eliminates the need for back-and-forth email exchanges and allows for faster resolution of any negotiation points.
In sourcing, vendor management, invoicing, spend visibility, risk scoring and more, AI tools are already making an impact. By the time someone catches it — during late-stage UAT or after go-live — the problem has already spread system-wide. The real safeguard isn’t the loop — it’s the quality of thinking inside it.
This would be a significant cost-saving and time-saving mechanism for both the shippers, carriers, and logistics providers. It brings considerable time savings through its integration with popular ERP platforms like SAP and Oracle. All this happens right after receiving the invoice, vastly lowering processing times.
Strand Commonality is the underlying mechanism that validates whether an initiative, rule, or tool has been authentically integrated and is visible in real actions, frontline tools, and shared data—not just in executive statements or isolated metrics. What Is Strand Drift And Strand Echo?
Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data. But where should you begin?
leadership profiles in Fit Scores)” and addresses “Gartner’s and others’ oversight of people-driven technology success” Refined Disagreements: Market Change Pace : Although the theoretical framework is sound, some claimed vendor movements may still be overstated in relation to market reality.
The company’s leadership, including the owner or CEO, was frequently involved in calls, underscoring a strong commitment to client partnership. To manage this, the team had to focus on solving a few core problems at a time, rather than trying to implement everything at once.
From small manufacturers to multinational corporations, organizations depend on interconnected networks to deliver materials, goods, and services in a timely and cost-effective manner. Session recording tools can track and log activity in realtime, while behavior-based alerts can flag unusual actions before they cause harm.
It integrates with cost accounting systems to track spending, ensures smoother workflows for accounts payable and accounts receivable, and provides real-timevisibility into purchasing activities. By providing real-time insights, it helps businesses identify unnecessary spending and make informed decisions to optimize budgets.
The answer often lies in disconnected systems, manual workflows, and a lack of visibility between procurement and finance teams. Procure to pay automation is a smart way to speed up your P2P operations by cutting out manual data entry and reducing the time spent on repetitive, routine tasks.
It models change over time , not just as-is snapshots. leadership vision) with quantifiable operational realities. cost savings, cycle time) without assessing whether the underlying systems and teams are truly integrated and aligned. feedback loops, organizational resistance, communication barriers).
Procurement team transformation and data/process digitization appear as timely themes by 2019. Holistic Resilience & ESG Era (2019–2025) Post-COVID emphasis on resilience , risk management , sustainability , and supply chain visibility dominate CPO concerns in 2023 and 2025.
He explains how the platform provided clarity, improved sequencing, and drove down meeting times with visibility into late tasks and bottlenecks. Making the Leap to Marketing In a surprising twist, Jason cold-emailed FloQast leadership and transitioned from a senior finance role into marketing.
If youre in procurement or supply chain, chances are youve wondered: How can I rethink this process, make smarter decisions, and still save time? In this article, well break down how combining automation with full integration is reshaping procurement and delivering real improvements in efficiency, savings, and strategic control.
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. Implementation of new supply structure Track results and restart assessment This model has essentially stood the test of time.
It hosts global events, supports startup innovation, and provides thought leadership to procurement professionals seeking digital transformation. Global Reach, Real Impact Participants and speakers come from over 50 countries. Smaller companies might struggle with the cost-benefit ratio for limited booth or stage time.
times higher than operational emissions, according to data from the U.S. Today’s transportation strategies must not only meet regulatory standards but also deliver real data, tangible progress and long-term value to shippers and stakeholders alike.” Environmental Protection Agency. 31 start to separations FedEx Network 2.0:
Why Failed Initiatives Are Underreported Reputational Risk: Publicly disclosing a failed implementation may harm a company’s brand, investor confidence, or leadership credibility. Internal Politics & Job Protection: Procurement leaders may avoid reporting failure to preserve internal political capital or avoid leadership turnover.
Hansens agent-based Metaprise Model directly addresses the core concerns of Chief Procurement Officers (CPOs) by combining human-AI collaboration, real-time adaptability, and ecosystem-wide integration. Example: A global manufacturer unified JD Edwards, NetSuite, and IFS workflows using agents, reducing procurement cycle times by 35%.
Fit Score Link : This translates into high Fit Score alignment in areas like cross-functional collaboration, tech interoperability, and strategic sourcing visibility. Report Link : The report highlights the need to move beyond traditional centralized systems and embrace ecosystem-wide integration—a direct manifestation of the Metaprise model.
AI-First Automation: AI is built into every step, simplifying workflows, automating processes, and delivering real-time insights for compliance, onboarding, KYC/AML, contract management, and ESG initiatives. Real-Time, Data-Driven Insights AI analyzes live and historical data, providing actionable risk and compliance intelligence.
Simple changes like consolidating suppliers, negotiating better contracts, and improving order planning can lead to real savings over time. If your current process feels reactive, disconnected, or overly manual, it might be time to rethink your approach. The result? A more sustainable and profitable business.
What is worth noting is that organizational leadership did not establish any degree of collaboration between the different purchasing organizations from the outset. Impact on Procurement/Supply Chain: Poor spend visibility Duplication of supplier records Missed volume discounts or bundled sourcing 2. logistics, sourcing).
His commentary and blog posts around this time (including his “rant” referenced in a March 2010 article) suggest a focus on practical, near-term issues like P2P system rollouts, implementation failures, and spend analytics. He now emphasizes vendor business understanding , usability , and real solutions over technical buzzwords.
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