Remove 2022 Remove Procurement Solutions Remove Trends
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How Procurement Automation Benefits Each Step of the Procurement Process

Precoro

Definition: Procurement automation is the use of digital tools to make routine tasks throughout procurement more efficient. Advanced technologies like AI and cloud-based procurement software helps companies reduce the burden of manual work, lower costs, and gain insight into analytics.

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GenAI in Procurement: Enhancing Security & Mitigating Risks 

Jaggaer

In earlier articles in this series on GenAI we have discussed its benefits and how it differs from other forms of artificial intelligence, as well as how in future these will converge to create highly sophisticated solutions, not least in procurement. Procurement, too, is vulnerable.

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ERP for Automotive Distributors

SYSPRO Smarter ERP

Automotive distributors play a vital role in the automotive supply chain by procuring parts, warehousing them, and then supplying them to OEMs (original equipment manufacturer), retailers or end consumers. Automation of the receipt inspection process makes sure that the quantity and type of items received match the purchase order.

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Descartes Announces Fiscal 2026 First Quarter Financial Results

Descartes

We continue to see strong interest in our domain expertise and our solutions to help companies navigate the complex trade landscape. Acquisition of 3GTMS On March 24, 2025, Descartes acquired all of the shares of 3GTMS, a leading provider of transportation management solutions. Additions to property and equipment (1.9)

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Logistics GDP share rose in ’24, not likely to drop: CSCMP report

Freight Waves

The decrease from 2022 to 2023 was 8.3%. But that is not likely given various trends. Acar said increased costs related to restricted traffic through the Red Sea and Suez Canal due to Houthi attacks was the primary driver of that trend. billion in 2022. The CSCMP report puts an estimate on what it calls total U.S.

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Manufacturing Execution Systems: How MES Transforms Production Efficiency

Jaggaer

A manufacturing execution system (MES) is a comprehensive, dynamic software system that monitors, tracks, documents, and controls the process of manufacturing goodsfrom raw materials to finished products. Future Trends in MES Industry 4.0, This saves manufacturing, transportation, storage, and inventory monitoring costs.

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What food and beverage companies need to know about tariffs: Lessons from Canada

Kinaxis

Shoppers coping with inflation have shifted buying habits , purchasing fewer goods and cutting back on big name brands in favor of cheaper alternatives. Solutions that simulate multiple tariff outcomes and their costs are especially powerful in this volatile environment. goods were “ rapidly dropping.”

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