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Artificial Intelligence: Procurement and Legal’s “New Frontier”

Proxima

For the legal industry, there are certainly widespread plans to use AI to drive greater operational benefits. Firms recognize the potential AI has to uproot the traditional way legal suppliers manage their corporate in-house work. And what for procurement teams? Firms today are facing profit pressure.

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Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

Seen optimistically, this challenging trade environment is a catalyst for a slew of innovative measures and creative tactics to mitigate tariff costs – although one could argue that supply chain optimization from a cost and performance perspective is something that firms should already be doing on an ongoing basis. Authorities in the U.S.

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Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains

The Logistics & Supply Chain Management Society

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

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Supply Chain Ethical and Compliance Issue- Volkswagen

Supply Chain Matters

Background Supply chain ethical and social responsibility, that which umbrellas ESG conformance, have increasingly become a concern for businesses, large and small, along with their procurement organizations. Customs because the vehicles contained a part made by a forced labor sanctioned supplier. based dealers.

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Is ESG Really Worth the Trouble?

QAD

When QAD hosted a live webinar earlier this year to explore and analyze the challenges that have procurement leadership buzzing these days, the issue of environmental, social and governance (ESG) was a hot topic. These non-financial factors can, in fact, lead to a bigger bottom line. Basically, Michael says, don’t believe the doomsayers.

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How can sales determine what is important to procurement when selling to them?

NC State SCRC

I am working on a new book focused on the sales and procurement relationship in supply chains with my friend Howard Richman, who has a wealth of experience working for companies like Merck, Citrix, and others. I am publishing a snippet from one of our chapters – to give you a taste for what’s in store!

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Is It a Good Idea to Invest in Hiring a Purchasing Manager?

Precoro

There is no universal answer to this question, as purchasing process, procurement policies, goals, and volumes differ not only in the industries but even from company to company. It’s a senior role that implies strong knowledge of finances, business administration and law, and industry trends.