Remove 2024 Remove Procurement Analytics Remove Procurement Solutions Remove Supply Chain Execution
article thumbnail

Perspectives on OpenText’s $6 Billion Announced Acquisition of Micro Focus

Supply Chain Matters

The enterprise value of Micro Focus is reported to be $2 billion and the purchase price is reported to be 2.2 The most visible was in 2016, in an upwards of $9 billion merger with Hewlett Packard Enterprise (HPE) software business in an effort to create what was reported as a pure-play enterprise software company.

article thumbnail

100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

How the Supply Chain Crisis is Impacting Businesses and Consumers. 66% of consumers are concerned that supply chain issues will never end ( Chain Store Age ). 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Evolving Landscape of Artificial Intelligence (AI) in Supply Chains & Logistics

ThroughPut

According to Gartner, supply chain organizations expect the level of machine automation in their supply chain processes to double in the next five years. With their ability to handle mass data, AI driven tools can prove to be highly effective in inventory management. The cost of training. ENHANCED SAFETY.

article thumbnail

Seasonal Inventory and 7 Ways to Manage It Effectively

ToolsGroup

For all of this, you need a solution that provides your entire organization with a single source of truth, helping teams align on inventory positioning, financial decisions , and business planning. These solutions use adaptive machine learning engines that process data rapidly, pinpoint demand patterns, and adapt to changeable trends quickly.

article thumbnail

Amazon AWS Supply Chain Announces Four Added Capabilities

Supply Chain Matters

The underlining platform functionality at that time was one of providing users the ability to set up a singular data lake consisting of key supply chain information utilizing this platform’s built-in connectors. The technology allows users the ability to query the existing AWS Supply Chain Data Lake for added insights.

article thumbnail

5 Trends Changing Supply Chains for the Better in 2024

Logility

However, this year promises a significant paradigm shift where traditional performance metrics are replaced by technology-driven frameworks, as recent breakthroughs with Generative AI in supply chains have demonstrated. Enter our list of supply chain trends for 2024.