article thumbnail

Is Procurement Drowning in Data?

Supply Chain Game Changer

Would you say that these factors equal a sum that is manageable with excel and homegrown solutions for supplier management? Buying with trust and transparency, backed by data-driven insights, is a much sounder investment than going with your gut. Multiply that by an exponential global availability of data & information.

article thumbnail

How to Set Corporate Goals for Supply Chain ESG

SupplyShift

For companies struggling to prioritize or identify their overarching goals, SASB’s materiality matrix is another excellent starting place. Measure KPIs by a period of time —we will decrease C02 emissions by 50% in the four-year period from 2021 to 2025. How will you improve supplier buy-in? Struggling to choose?

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Set Corporate Goals for Supply Chain ESG

SupplyShift

For companies struggling to prioritize or identify their overarching goals, SASB’s materiality matrix is another excellent starting place. These goals fall into one of two primary types: Absolute goals , which only take KPIs into account—for example, reducing GHG emissions 30% by 2025. Secure Buy-In. Source: sasb.org.

article thumbnail

AI in eCommerce: Benefits, Use Cases, and Risks

Unleashed

Shoppers can now enjoy more personalised buying journeys, as merchants make it faster and easier to find the products that they’re most likely to purchase. The global AI software market is expected to increase to USD 126 billion by 2025 , according to data from Statista. These examples are just the tip of the iceberg.

article thumbnail

Supply Chain as a Service (SCaaS): A Golden Opportunity for the Supply Chain Industry

SCMDOJO

Companies with advanced supply chain practices excel in delivering quality third-party logistics management, SKU optimization, efficient transport management, and swift handling of B2B/B2C shipments. Procurement outsourcing helps the company secure aggregate demand for multiple customers at the lowest price.

article thumbnail

Digital Transformation Helps with Corporate Alignment

Enterra Insights

Columbus asserts, “AI is revolutionizing how organizations digitally transform their security strategies as threats to customers’ identities, and personal data continue to proliferate.” Consumers will purchase more and more goods and services online. Cognitive technologies improve enterprise efficiency. ” 10.

Columbus 100
article thumbnail

Trends 2022: Digital Transformation

Enterra Insights

IDC analysts predict, “By 2025, 60 percent of organizations will capitalize on disruption with an enterprise- and ecosystem-wide approach to automation, leveraging model-based enterprise concepts, centers of excellence (COEs), and low-code/no-code platforms.” As a result, he notes, “Security?by?default