Procurement Software: Page 25

Sourcing & Procurement

Large U.S. Companies Hit Ceiling on Delaying Supplier Payments

The Hackett Group Inc.

These U.S. companies now have almost $1.9 trillion tied up in excess working capital, the research found, including $666 billion in excess inventory, $665 billion in payables, and $531 billion in receivables.

Stock Finance

Emerging Technologies

Pros to Know: Consolidation and Chaos Top Trends in 2023

Mathew Witte, SVP of ORTEC and one of the winners of this year’s Pros to Know award, explains why consolidation, nearshoring and the chaos of overcoming disruptions are top trends in the supply chain space this year.

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Empowering Businesses Through Win-Win Supplier Relationships

In an economy marked by rising inflation and cost pressures, every business is paying close attention to its bottom line and slashing costs wherever possible.

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Sourcing Solutions

Digital Pricing Solution for Managing Excess Inventory

The Excess Inventory Estimator leverages real-time market pricing and availability to provide users with an instant and more accurate understanding of which parts to prioritize.

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American Imports of Mexico-Manufactured Goods on the Rise: Study

Penske Logistics

U.S. supply chains responded to the global volatility from the past two years by transforming supply chain networks to improve resilience against future disruption, according to the report.

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Why Supplier Diversification is a Solution

Red Stag Fulfillment

Supplier diversification may be the answer to many of the problems manufacturing supply chains face. By diversifying suppliers, manufacturers can enhance their resilience to disruptions and establish contingency plans.

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Auctane Acquires Return Rabbit, Advances End-to-End Delivery Experience

The acquisition will complement Auctane’s strong portfolio of multi-carrier shipping solutions by equipping e-commerce merchants with an intuitive, adaptable returns management offering.

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Software Solutions

Pros to Know: 2023 is About Getting the Right Data into the Right Hands

Matthew Wright, President and CEO of Specright and one of the winners of this year’s Pros to Know award, talks the importance of data, nearshoring and next-generation talent and technology in order to succeed in 2023.

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Sourcing Solutions

How Companies Can Shift to Offense Through Inflation and Uncertainty

West Monroe Partners

Even after solving these pandemic-related issues, another global disruption is always a possibility. While there’s nothing imminent on the horizon, companies should prepare themselves to handle disruptions right from the onset.

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Sourcing & Procurement

Procurement’s Rising Influence Heightens Need for Digital Transformation

46% of procurement teams don’t have enough ESG diversity data, 39% say their data is disconnected from sourcing and spend decisions, and another 39% lack plans to use ESG data to improve outcomes (39%).

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Fleet Management

4 Steps to Successful Parcel Management

By following these four steps, shippers can make data-driven decisions, improving their cost structure, providing stronger service to consumers and remaining competitive in a dynamic market.

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Following the Changes in Extended Producer Responsibility

Major legislative updates swept across the packaging world right at the advent of 2023, and with the middle of the year here, governments, businesses, schemes and consultancies have their eyes set on the years to follow.

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