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Why Supply Chain Managers & Procurement Should Collaborate

GlobalTranz

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. Supply Chain Managers and Procurement Professionals Avoid the Conversation.

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Celanese Leads the Pack When it Comes to Agentic AI

Logistics Viewpoints

Instead of relying solely on a single, monolithic AI model (based on a massive large language model), a company can orchestrate a team of specialized agents, each leveraging the best AI or mathematical technique for its specific task. The chemical industry has a complex supply chain. Their plants are very expensive.

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Retail Returns: The Key to Driving Business Growth

ToolsGroup

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 83% of consumers with a household income of over $100,000 report that returns are important.

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This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

export regulations led to supply chain disruptions. In some cases, shoppers can send back different items than the ones they bought, return stolen items or claim a purchase never got delivered when it really did. The Dallas Forth Worth-headquartered airline registered a 6.7 technology from helping China’s military.

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Why is o9 Solutions Growing So Fast?

Logistics Viewpoints

Chakri Gottemukkala, CEO at Supply Chain Planning Vendor o9 Solutions There are several young supply chain software companies that are unicorns. In January of 2022, Dallas-based o9 Solutions was valued at $2.7 This January the company reported that its annual recurring revenue grew at over 84% year-over-year.

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This Week in Logistics News (August 19-23, 2013)

Talking Logistics

I went to Home Depot earlier this week to return a purchase, and the customer in front of me wanted to exchange a defective power tool with the same model, but he couldn’t find any on the shelf even though the store’s inventory system said 5 units were in stock. Manhattan Associates Launches 2013 Inventory Optimization Release.

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Supply Chain Market Report – July 2022

Elementum

Welcome to Elementum’s Supply Chain Market Report. This monthly newsletter observes one or two important macro trends through the lens of Supply Chain Management. We review how those trends are likely to impact Supply Chain and what leaders can do to adjust. How could Stagflation impact Supply Chain?