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#8 - Goodbye margins in the USA, AI use cases, and Procurement Managers 5.0
Jan 20, 2025
Edoardo Arbizzi
Today, we’re talking about universal tariffs, AI turning contracts into digital dynamite, and bitter laughs while dealing with Scope 1, 2, and 3 emissions. Plus, a top CPO juggling over 1,500 suppliers. Spoiler: 2025 will be tough, but we’re not backing down. 😉
🌍 Global Overview
Here comes Mr. Donald, ready to collect those tariffs!
Donald Trump is making headlines again with the External Revenue Service (ERS)—a proposed agency set to impose universal tariffs: 10% on all imports, 25% for Canada and Mexico, and a staggering 60% on China. For businesses buying in Europe and selling in the U.S., this means rising costs and squeezed margins, as the American market tightens its grip to protect domestic interests.
To stay competitive, European procurement managers must become masters of cost efficiency. Now is the time to optimize processes, negotiate tougher, automate wherever possible, and leverage digital tools to forecast and manage the impact of these tariffs. Every euro saved in the supply chain could be the key to success.
2025 looks turbulent, but those who prepare in advance will find opportunities amid the chaos.
In short: procurement teams, brace yourselves—this year, we’re in for a ride (again)!
Source: Reuters
🖼️ Meme of the Day
As you gear up to report your Scope 1, 2, and 3 emissions, take a minute to laugh with us and Harold. His smile serves two purposes: one for the auditor, and another to hide the panic.
💻 Tech in Procurement
SpendMatters drops a deep dive into AI trends in procurement
Even SAP has caught on—AI in procurement is a big deal, and 2025 will only amplify its impact. A recent study with SpendMatters highlights game-changing use cases where AI is revolutionizing procurement processes, making them lightning-fast and truly value-driven.
Some of the most exciting applications:
Dynamic Contracts: Automatically updated based on market conditions, saving time and reducing compliance risks.
Supplier Risk Management: Real-time dashboards tracking suppliers, spotting risks, and preventing supply chain disruptions.
AI-powered Spend Analysis: Digging into overlooked categories to uncover hidden savings.
Predictive Market Trends: AI analyzing massive datasets to forecast raw material cost fluctuations and logistical disruptions.
At Compri, we’ve been working on this for a while, but now that SpendMatters (backed by SAP) is talking about it, maybe more people will start believing!
Source: Spendmatters.com
🎙️ Podcast Section
Is procurement truly the heart of a company?
Francesco Passeri, Chief Procurement Officer at Zoppas, takes us behind the scenes of a global supply chain managing 17,000 SKUs and 1,500 suppliers. How do you turn complexity into strategy? What does it take to become a key player in an increasingly strategic role?
Digitalization, data, and talent—discover how procurement is shaping the future of business and what skills future procurement managers need to succeed.
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