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The industrial sectorparticularly supplychainmanagement, is facing unprecedented complexity. While Generative AI (GenAI) has shown promise, its limitations in planning, workflow automation, and dynamic adaptation necessitate a more sophisticated approach. data extractors or image interpreters).
Supplychain sustainability is increasingly important for companies facing expectations from investors, regulators, customers, and employees. Integrating ESG across supplychains presents clear operational and strategic challenges that require focused attention. Data collection and verification remain areas of concern.
It has led supplychain vendors to discuss how they currently use artificial intelligence. Further, virtually every supplier of supplychain solutions is eager to explain the ongoing investments they are making in artificial intelligence. Without accurate data, companies face the garbage in, garbage out problem.
Robotic Process Automation (RPA) refers to process automation that combines process steps with decision models or business rules with little to no human oversight. APQC conducts research on supplychain and logistics to help organizations assess the performance of their own processes and functions compared to their peers.
Home No More Black Swans: The Age of SupplyChain Uncertainty Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses. Everything should be expected and planned for.
SupplyChain Matters provides the first of a two-part market education series addressing what we term as broadening the context from warehouse control layer or accelerator to that of supplychain execution orchestration.
What is Demand Forecasting in SupplyChainManagement? Demand forecasting in supplychainmanagement is the process of predicting customer demand, supply trends, and pricing fluctuations. Image source: Stefan de Kok 2. Escape from the vicious cycle of unreliable forecasts.
Over the past few years, supplychain and procurement pros have faced the challenge of navigating their enterprises through one disruption after another. Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products.
These passports document all aspects of the life cycle – from the sourcing of raw materials to final disposal or recycling. For businesses, DPPs are becoming essential to comply with best practice guidance as well as coming statutory regulations that demand transparency in supplychains.
AI is reshaping the way organizations source, manage suppliers, and drive value today. As supplychains become more interconnected and risks more dynamic, traditional procurement tools fall short. AI agents offer a smarter, faster way to managesourcing, risk, and spend across the entire procurement lifecycle.
AI is reshaping the way organizations source, manage suppliers, and drive value today. As supplychains become more interconnected and risks more dynamic, traditional procurement tools fall short. AI agents offer a smarter, faster way to managesourcing, risk, and spend across the entire procurement lifecycle.
If you’re evaluating procurement technology or exploring ways to drive more value from existing systems, chances are you’re looking beyond tactical fixes – you want a smarter, scalable strategy. When done right, spend analysis enables cost savings, supplier optimization, risk reduction, and more strategic sourcing decisions.
Supplymanagement. Supplychainmanagement. Supplychain planning. The lack of interoperability between decision support platforms is a problem for companies attempting to improve decisions from the channel to supplier bi-directionally through technology. Are these terms the same?
SCB Feature Report From DPW: What’s Next for AI in SupplyChain? Image: iStock/JuSun June 18, 2025 Helen Atkinson, Managing Editor “The future is already here; it’s just not evenly distributed,” wrote William Gibson in his 1984 novel Neuromancer. That’s because supplychain itself is huge, Koganti argued.
In a major advancement for global supplychaintechnology, project44 has launched Movement, a comprehensive Decision Intelligence Platform that transforms how businesses manage their supplychains. The platform is built on a four-layered framework: Connect, See, Act, Automate.
Many of the world’s largest companies have committed to reaching net zero by 2050, triggering a ripple effect throughout global supplychains. For most CPG brands, indirect emissions — those that occur across the supplychain — represent the majority of their carbon footprint. Retailers are following suit.
CAGR , the global supplychainmanagementsoftware market is expected to touch USD 50 billion by 2032. This one figure speaks volumes about how organizations worldwide want access to the best supplychainmanagementtools to boost efficiency and value in their distribution and logistics network.
Having an effective supplychain practice has always been a difficult balancing act, even in relatively stable times. Many factors need to align for an organization to be able to source materials, produce a product and put it in the hands of customers. Gap between supplychain and procurement.
About Neal Huffman Neal Huffman is the Chief Executive Officer and Co-founder of Farelanes, a company specializing in providing real-time lane pricing data for the logistics industry. He played a role in the first Fiber to the Home technology deployed in Loudon County, Virginia in 1999.
Future of Robotics in Industrial Automation By Richard Pearson (pictured) Content Writer 21 Views Industrial automation is changing fast, and robotics is at the center of this revolution. As technology keeps evolving, the function of robotics in manufacturing and other areas will become more critical.
ERP vs. Best-in-Class for Healthcare SupplyChainManagement? Are ERP systems better than best-in-class supplychain solutions for managing healthcare supplychains? That’s the question we set out to answer in our recent panel discussion with Procurement and SupplyChain experts.
However, it’s only early February 2024, and we already have several major disruptions impacting supplychains. This is an important time for the supplychain profession. Supplychains are in the news, on governments’ agendas, and in the spotlight. For more information on the research, click here.
You’re expected to ship more orders, faster, with fewer errors — all while managing rising costs and shrinking labor pools. It’s a tough challenge, and if you’re relying on outdated processes and technology, it’s likely costing you more than you realize. How many shipments are delayed due to inaccurate picking?
It’s a holistic approach that blends strategic planning, streamlined processes, and the right technology to transform your warehouse into a well-oiled, profit-generating machine. Eight proven optimization strategies, combining technology, best practices, and sustainable solutions. Choose the Right Tech (WMS vs.
Will your ERP accommodate your complex supplychain planning requirements? Comparing a supplychain planning platform against an ERP system that offers supplychainmanagement capabilities is a challenge. Logility is Fit for Purpose and Addresses SupplyChain Needs Head On.
This posting is the third installment in our ongoing supplychaintechnology market education series. In Part One of the series , Michael observed that standard sourcing solutions struggle in efforts to support direct materials sourcing because of specific challenges in the software design and why.
So how do these changes bleed into the facets of the supplychain? What Is the Post-Pandemic “New Normal” SupplyChain? SupplyChain Resilience. Resilient supplychains were able to cope and recover from sudden shocks and disruptions during the pandemic.
Reasons Why Your Company Needs Reverse ETL Software By Ian Benson (pictured) Content Writer 125 Views Data drives business decisions today more than ever. Businesses generate enormous amounts of information every day, but the challenge is translating this data into meaningful insights.
If you’ve ever tried to buy a new car during the chip shortage or waited months for furniture delivery, you’ve experienced firsthand what happens when supplychains break down. Supplychain resilience is your business’s ability to bounce back when things go wrongand in today’s world, things will go wrong.
Knowledge Graphs are emerging as an important tool for building advanced AI capabilities. The Celanese SupplyChain Celanese Corporation (NYSE: CE), headquartered in Dallas, Texas, is a global chemical and specialty materials company with revenues of over $10 billion. The chemical industry has a complex supplychain.
As businesses face tighter regulations on product safety, sustainability, and ethical sourcing, Digital Product Passports (DPPs) are becoming crucial for navigating these challenges. Advanced datamanagement platforms, which automate tracking of regulatory updates, are becoming increasingly important.
Without experienced managers in place, truck availability drops, repairs are delayed, and cost control becomes difficult. Still, it can be just as disruptive to supplychain performance. What Happens When Fleet Leadership Is Unstable Losing a fleet manager isn’t just an HR issue. Disruptions in decision-making.
Having been in the game of supplychain analytics for so long, we’ve noticed that data is the single biggest challenge our customers and consultants encounter. With the right approach, data challenges can become an issue of the past. You may want to publish output directly to local or network databases.
In a prior post , I wrote about the various ways data is transforming global supplychains. Data is the raw fuel of digital transformation and the linchpin to accelerating industry collaboration, automation, predictive insights and so many more cutting-edge capabilities (including those yet to be invented).
Institute supplychain governance fueled by data that only a modern platform can offer. When it comes to supplychain sustainability, responsible organizations don’t just talk – they act by creating a governance structure. Governance of your supplychain is not the same as managing it.
How AI in SupplyChain Brings Value to Your Business Supplychain leaders are looking to get a firmer grasp on their supplychain planning. Over the last few buzzword-laden years, we’ve seen many shiny new tools generate excitement – and confusion – around the potential of AI.
Why Are SupplyChain Cyberattacks on the Rise? By Zac Amos (pictured) Features Editor at ReHack 86 Views Supplychain cyberattacks have become one of the most significant cybersecurity problems, changing how organizations worldwide face cyber threats.
A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supplychain resilience and agility in times of crisis. There are many supplychainmanagement lessons to learn from the Covid-19 crisis.
As digital technologies embed themselves across supplychains, they will inevitably rewire existing business models into industry platforms. The question is not “if” or “when,” but “how” best to anticipate and get ahead of supplychain platform disruptions. The Role and Benefits of SupplyChain Platforms.
Jörg Schlager describing SKF's Integrated Planning (Source: Optilon). The company is moving from location-based planning to a global planning model, including a complete revamp of its supplychain planning operations to processes organized by product and factory. Figure 1 Source: SKF. Figure 2 Source: SKF.
Automating these workflows, however, offers a better way forward. In fact, companies that have automated procurement negotiations consistently achieve significant cost savings compared to traditional methods. Automating supplier onboarding and management can set your business up for success. Let's explore how. The result?
How Recruitment Technology Drives Efficiency and Innovation By Ian Summers (pictured) Content Writer 31 Views The backbone of the modern supplychain, manufacturing, and logistics sectors is increasingly reliant on cutting-edge IT, automation, and digital solutions.
Your ERP system is not the right technology for a sustainable supplychain. Key takeaways: A digital supplychain platform is essential for a sustainable supplychain. While your ERP may run your internal business, it’s not the right choice for the complex tasks a sustainable supplychain requires.
In the dynamic world of MedTech, supplychainmanagement is a critical component that directly impacts patient care and organizational efficiency. on March 24 26 brought together industry leaders to delve into the challenges and opportunities that define today’s life sciences supplychains.
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