article thumbnail

How to Predict the Unexpected and Mitigate Supply Chain Disruption with AI

QAD

Artificial intelligence (AI) is one of the big “buzzwords” of 2024, which is a shame because the technology’s analytical capabilities have a lot to offer supply chain planners – if you can cut through the hype. How is AI Improving Supply Chain Management? The future, however, isn’t static.

article thumbnail

CPG earnings report: Data technology tackles headwinds, helps meet demand

crisp

Like many of his peers, General Mills CEO Jeff Harmening noted inflation is stabilizing, supply chain disruptions are dissipating, and consumer confidence is improving thanks to wage growth and a strong labor market – all of which is good for the CPG industry. What are CPG executives reporting on the sustainability front?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Unlocking Success: Why Strategic Sourcing Is Important for Your Company

Precoro

As part of the larger procurement process, sourcing involves finding and evaluating suppliers for goods or services that need to be purchased. Goals beyond the best purchasing price fall into strategic sourcing. Simple sourcing takes less time to execute and requires fewer resources to plan, but can cost more down the road.

article thumbnail

Logility Partners with Planalytics to Systematically Address the Impacts of Weather in Demand, Inventory and Replenishment Planning

Logility

Planalytics’ weather-driven demand analytics help businesses stay ahead of never-ending sales variability. a leader in supply chain innovation powering the sustainable and resilient enterprise, today announced a partnership with Planalytics, Inc. ATLANTA – Jan. 4, 2022 – Logility, Inc.,

article thumbnail

Enhancing Procurement Excellence Through the Power of Negotiation

Procurement Academy

A crucial part of successful procurement strategies is the art and science of negotiation. Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract.

article thumbnail

Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Why is visibility so important?

article thumbnail

Sustainable procurement: Everything You Need to Know

Precoro

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.