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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. GenAI could automate and scale such attacks.

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This Week in Logistics New (May 6 – 12)

Logistics Viewpoints

Chile has long been a hub of second-hand and unsold clothing, made in China or Bangladesh and passing through Europe, Asia or the United States before arriving in Chile, where it is resold around Latin America. Some 59,000 tons of clothing arrive each year at the Iquique port in the Alto Hospicio free zone in northern Chile.

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Five Predictions (About Prediction) that Every Procurement Professional Should Consider

Supply Chain View from the Field

As part of the conference, I’m delivering a talk on five predictions that every procurement professional should consider. These aren’t so much “predictions”, as opportunities that procurement professionals should become aware of, and educate themselves on.

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What You Can’t See Can Hurt You – Is Your Supply Chain Really Transparent?

Logility

Technology, particularly corporate social responsibility solutions supported by AI and machine learning, increase transparency by identifying employment practices and enabling corrective action. . This means companies must adopt technological solutions to supply chain management and social responsibility. The stakes are high.

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One Man’s Trash: How Blockchain Can Target Food Waste to Help End World Hunger

Material Handling & Logistics

As it turns out, the solution to this growing problem may lie in our own refrigerators. billion metric tons—gets lost or wasted. What’s more, net food losses in developed countries (222 million metric tons) equate to nearly all of the food produced in Sub-Saharan Africa yearly (223 million metric tons).

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Responsible Sourcing! Making Sustainability Happen for Real!

Supply Chain Game Changer

Sustainability is created in the textile factories of Bangladesh. As we’ve learned from Kotter’s 8 Step Change Model (hyperlink), utilized as a framework to implement and achieve organizational change, the first 2 steps to create change boil down to one thing: People. Sustainability is created in the mining pits in the Nordics.

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Supplier Management and Sourcing in the Fashion Industry – Under the Spotlight

Jaggaer

Digital transformation is delivering benefits to many of the world’s leading fashion companies, especially in Italy, where roughly half of the leading fashion concerns have implemented JAGGAER solutions. For these and many other reasons, the role of purchasing and supplier management is highly strategic in the fashion industry.