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Global Category Intelligence
Q2 2025
Global Category Intelligence
Q2 2025
Supply Management Month: Kicking Off a Month of Indirect Procurement Innovation
Category: Innovation & Technology
Published: Monday, March 3, 2025
March is here, and with it comes Supply Management Month—a full 31 days to celebrate and rethink the backbone of every business: the supply chain. While the Institute for Supply Management (ISM) has long championed this observance to spotlight procurement pros, we’re taking it up a notch with our "Supply Management: Transforming Indirect Procurement for Supply Chain Success" series. Indirect procurement often flies under the radar, yet it’s a goldmine for driving value beyond just slashing costs.
This month, we’ll serialize that potential into four weekly themes: technology, strategy, sustainability, and resilience.
Each Monday, expect a fresh take on how indirect procurement can revolutionize your supply chain.
Let’s start with technology, the game-changer shaking up procurement in 2025. Picture this: AI tools that sift through mountains of spend data to spot inefficiencies in your office supply orders or flag overpriced travel bookings. These aren’t sci-fi fantasies—platforms like Coupa and SAP Ariba are already making it happen. A recent study showed AI-driven spend analysis can cut indirect costs by up to 15%, freeing cash for innovation. Imagine redirecting those savings to bolster supply chain agility instead of just padding the bottom line.
But it’s not just about numbers. Technology also streamlines supplier interactions. Digital portals let you track vendor performance—like whether your janitorial service is meeting KPIs—without endless email chains. This visibility turns indirect procurement into a strategic lever, not a back-office chore. As we dive into March, ask yourself: how can tech transform your indirect spend into a competitive edge?
Stick with us all month as we unpack this and more, proving that Supply Management Month is more than a pat on the back—it’s a call to rethink what’s possible.
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