This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
While SAP has had procurementanalytics solutions, last year at Spend Connect Live, SAP announced the Spend Control Tower. Daniel Chapman, the senior director of process transformation for procure to pay at Warner Music, was a keynote speaker. This solution provides insights in a much easier way to digest.
The most common form of trading partner collaboration is purchase order collaboration. With PO collaboration, buyers send digital purchase orders over the network to suppliers or other trading partners. The buyers dont report to Mr. Gainsford. Where and how often, for example, did a buyer deviate from the happy path?
Three months into 2025, we have seen a barrage of on-again, off-again tariffs that have supply chain and logistics teams reeling, as they must rethink everything from next weeks shipping route to their foundational network models. With the global e-commerce market predicted to reach $8.1
For most CPOs and CFOs, deciding on the right purchasing setup — centralized or decentralized — is no small task. Each model has its perks, and choosing the best fit can feel like walking a tightrope. Keep reading to learn: What is centralized purchasing? What is centralized purchasing?
In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. Here are some examples of such use cases.
Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters. Procurement ran a request for proposal event.
GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Alex Zhong, Director Product Marketing at GEP.
When shoppers were asked what would put them off making more ecommerce purchases in the future, 21% indicated they’d had negative delivery experiences, 20% said deliveries were not reliable, and 17% were dissatisfied with the delivery process. Similarly, maintaining a strong chain of custody (e.g.,
Next Steps: Start to model demand based on market data to align the organization on baseline demand. Resist the temptation to place deeper analytics on top of existing data models. Instead, rethink the model and the approach. Out of desperation, they turned to the use of descriptive analytics. Next Steps.
Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities This supply chain article provides a comprehensive overview of the procurement department within an organization. Read In Detail About Procurement Department Here 2.
At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) Understanding this relationship requires modeling. (A A Case Study.
And now on to this week’s logistics news. The company said that it used 85,916 metric tons of single-use plastic that year, an 11.6 UPS announced Sunday it plans to sell its truckload brokerage business Coyote Logistics to the technology-enabled brokerage RXO for $1.025 billion. This certainly sounds like a lofty goal.
Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times.
Challenges drive dramatic shifts in supply chain and logistics. Across many of our industries, conventional wisdom about best practices for supply chain operations and logistical networks is being challenged. Hallmarks of successful logistics transformation.
Transparent data prepared especially for your logistics operation will get you easily through your peaks. The hype usually revolves around just one item and can easily be managed by a modern logistics system. How can we rapidly bring our logistics operation up to its full speed during such a peak? Peaks are all so different.
The New and Game-Changing Technology Solutions Redefining Last-Mile Logistics. From stocking up your fridge with the week’s groceries to purchasing the latest smartphone, the consumer has now been placed at the center of the supply chain as they pull the complete gamut of products to where they reside. That’s an 87.5%
And now on to this week’s logistics news. For example, the grocer released its first report on corporate social responsibility efforts last year. Australian retail giants Coles and Woolworths reportedly imposed restrictions on how many cartons of eggs could be purchased in one transaction across most states.
As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. According to a recent article in Forbes , 48% of consumers today prefer a hybrid shopping model that combines online and in-store components.
At the same time, the Chief Purchasing Officer (CPO) has taken on a pivotal role by securing Personal Protective Equipment (PPE) to protect the workforce and direct materials when primary sources fail. Sourcing and supply chains working in a siloed manner can cause significant delays, resulting in lost revenue upside while escalating costs.
This technology allows businesses to unify their procurement, expense management, invoicing, payments, sourcing, contract management, and spend analysis processes and reporting. This solution provides for purchase order collaboration. But it took several months for Turner to realize just how much foresight the company had shown.
PwC reports that almost half of assets under management are held by investment firms committed to decarbonization. Similarly, UPS has strong commitments to sustainability and invests in many options, such as alternative fuel vehicles, e-cycles in dense cities, and carbon offsets for purchase with shipping.
The election is over, but the race is just starting for logistics providers. From Amazon to hyper-local retailers, 2017 will be a year of intense scrutiny and pressure on logistics providers. Fortunately, your organization can get ahead of the learning curve by knowing what trends in logistics to watch for this year.
Three years later, he stayed with his $300-a-barrel prediction, but shifted the timeframe to 2020 (see the CBS News article, Another $300 Oil Prediction — and Why This One Matters ). I use this example to illustrate the challenges (or, perhaps, the futility) of making supply chain and logisticspredictions.
Rising costs, supply chain chaos, and economic swings put businesses under enormous pressure to protect their margins. According to McKinsey & Company, procurement accounts for 50% to 80% of a company’s cost base. That’s why organizations zero in on strategies to achieve procurementcost reduction.
What is reverse Logistics? Before we dive in the nuances of reverse logistics, otherwise known as return logistics, integration, let's briefly recap what reverse logistics is. Reverse logistics refers to all operations related to the reuse of products and materials. Managing return logistic can be challenging.
How Intake and Orchestration AI Are Reshaping Procurement If youve been paying attention to technology developments in procurement, youve probably come across the term Intake & Orchestration. These could be service requests, inquiries, demand planning, or purchase needs. So, whats it all about? And why should you take note?
What Celanese has accomplished is the single best example ARC is aware of employing agentic AI and copilots at scale. They prepare equipment for maintenance, do isolation (disconnect a piece of equipment from the flow of chemicals by closing valves), look at quality or reliability metrics, and do rounds. Celanese is an exception.
Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. For example, transportation management often focuses on the journey of products after manufacturing. The Definition of ProcurementLogistics. Purchased parts and similar items.
Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. It includes all of its elements: customers, sales channels, products, warehouses, logistics network, and the interactions between them. Accurate and timely reconciliation of purchase orders with receipts.
Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole.
In this guide, we’ll unpack the essential functions every ecommerce warehouse must master, along with best practices, real-world examples, and technology tips to help. These functions form the backbone of logistics operations, particularly for ecommerce businesses that rely on seamless product flow to meet customer expectations.
However, sustainability in logistics goes well beyond these initiatives, especially when we begin to look at energy transition. Logistics providers contribute to the total picture of sustainability for many organizations, and they are clearly falling short. A recent ARC survey looked at reasons to address sustainability.
Within this setup, an ERP procurement module helps companies make purchases and manage suppliers. Numbers speak louder: According to Procurement Tactics’ top procurement trends in 2025 , 83% of CPOs prioritize digitization. Keep reading to learn: What Is ERP in Procurement?
In this blog, I’ll try to shed more light on it with examples from our work with our customers. Well, we also know that many legacy systems will not be able to support all these changes quickly and cost-effectively. Think of the Lego as the ultimate example of a composable toy. So what to do? What is Composability?
The perspective of a manufacturing leader is quite different than that of a business leader in logistics. Self-driving supply chains are an example. On the technology front, optimization is deeper, and the evolution of artificial intelligence enables more flexible sensing and modeling. Supply Chain Reporting Structures.
a stockpile of chips), but if disruption persists safety stock can run out and is still vulnerable to other chokepoints, like logistics and labor shortages. For example, they reduced inventory planned for first quarter 2022 by $120M due to more accurate estimates of levels needed. A change to one link (e.g. on-time delivery).
The current state of logistics is our malady. I find no agency or entity trying to find a holistic solution to global logistics. Freight does not move without the right chassis and the logistics requires forecasting and planning and interoperability between providers. The average purchase order changes 3-4X before shipment.
Jason uses the example of machinery wholesaling to demonstrate the inventory accelerator. This article will examine the causes of these phenomena, provide real-world examples from different industries, and offer strategies to mitigate their effects. While this seems straightforward, the consequences for businesses can be substantial.
SCCN solutions provide supply chain visibility and analytics across an extended supply chain. The LevaData solution, for example, speeds up sourcing significantly. The larger the number of industry participants on a network, the better the solution is at sourcing and onboarding. These are often EDI messages.
Based on ARC Advisory Group’s new global market report, the five largest providers of TES, listed alphabetically, are Descartes, E2open, FourKites, Infor Nexus, and project44. The Descartes Global Logistics Network (GLN) is the world’s largest, collaborative multimodal logistics messaging network. billion transactions annually.
In the end-to-end source-to-pay (S2P) process , strategic sourcing is the link between spend analytics, category management and contracts management, and is supported by supplier intelligence. You probably would not want to waste time and effort strategically sourcing your paperclip supplies, for example. And in what sense?
In the world of supply chain and logistics, the built environment comes in many forms, from warehouses and logistics parks to the buildings associated with ports and terminals. It’s also a great example of how the boundaries between what we traditional think of as “IT” and “OT” cybersecurity are blurring.
I never republished the report, because not enough has changed to warrant it.) The report centers on the concept of moving from inside-out to outside-in technologies. An inside-out model, based on testing, is weeks, and often months, out of step with what is happening in the market.
The potential supply chain impacts of this conflict dwarf any other supply chain news that might be reported. shale or Iran, for example. In the US, for example, natural gas accounted for 40% of total utility-scale U.S. Oil, gas, steel and metal products account for other everyday items purchased from the two countries.”
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content