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What to Look for in Procurement Software Solutions

EC Sourcing Group

Procurement software covers a lot of bases, and there are many facets to procurement management that could potentially be streamlined and automated if you haven’t done so already. Every procurement and purchasing department is different, and thus, everyone has a different set of needs and standards. Run analytics.

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5 Models of AI for Supply Chain Risk Management—And Why They Matter

Resilinc

In our second AI blog of the series, Predictive AI vs. Generative Supply Chain AI , we looked at the difference between predictive AI and generative AI. Currently, Resilinc uses several predictive AI models in tracking purchase orders (POs) and commodities, autonomous mapping, risk-scoring models, and simulators.

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Will the Economy Make this a Christ-‘meh’ Season?

Enterra Insights

”[1] Journalist Paul Berger reports that supply chain indicators confirm this holiday season’s sales could be mediocre. Journalist Nora Colomer reports, “Credit card balances grew the fastest among Gen Z cardholders in the second quarter of 2023, according to a recent TransUnion survey. Gen Z’s balances increased 51.9%

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A Win-Win Situation: Electronic Device Manufacturers and Blockchain Solutions

Shipchain

As blockchain is now a frequent topic of discussion among supply chain circles, it is essential to consider how it could affect electronic device manufacturers. Marrying electronic device manufacturers and blockchain software vendors will have a profound impact on reducing the spread of counterfeit products and more.

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Your Guide to eSourcing Platforms

EC Sourcing Group

Technology has finally caught up with sourcing and procurement—evolving processes by leaps and bounds in a relatively short amount of time. Ensuring you have the best eSourcing tools with features that fit your needs can streamline your sourcing process, positively affecting your procurement processes and supply chain.

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Streamlining Purchasing Processes: The Power of Purchase Requisition Automation

My Office Apps

Streamlining Purchasing Processes: The Power of Purchase Requisition Automation In the world of business, efficiency and accuracy are paramount, particularly when it comes to procurement processes. However, with the advent of purchase requisition automation, these challenges have been significantly mitigated.

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Finding the Right Business Process Management Solutions

EC Sourcing Group

For those in procurement management, this may refer to several different types of tools and software, especially those that help with price compression like eAuction software procurement or those that streamline processes and compress timelines like eSourcing software. . What is E-Procurement in Supply Chain Management?