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Treating suppliers as essential partners in the field of direct spend management—almost like customers—can be a key component of a successful company strategy. Supply Chain Knowledge and Risk Mitigation: Suppliers have a direct impact on direct spend with raw material and transportation costs as two big drivers of operating margins.
5000 developers are working on product enhancements and extensions to the SAP spend management suite. Spend Management Takeaways SAP continues to invest in using generative AI to improve the user experience. While SAP has had procurement analytics solutions, last year at Spend Connect Live, SAP announced the Spend Control Tower.
The adoption of AI in supply chain automation is enabling companies to make more accurate decisions, reduce cycle times, and better manage complexity. AI in supply chain automation is gradually reshaping how core functions operate, particularly in procurement, warehousing, and logistics.
The conversation around sustainability in supply chain management has shifted in recent years, from compliance to efficiency, and now increasingly toward circularity. In practice, that means tracking materials more carefully, recovering components, rethinking product design, and integrating reverse logistics.
90-day tariff response: From crisis management to competitive advantage sharkins Fri, 08/01/2025 - 10:25 The August 1 deadline for tariff negotiations has arrived, and with it, the realization that global trade volatility will be a persistent obstacle, not a temporary disruption. Enter the 30-60-90 plan for tariff response.
Jack Fiedler, the vice president for digitaltransformation of the global supply chain at Lenovo Lenovo is ranked tenth by one leading analyst firm among a list of global companies with exceptional supply chains. We have a lot of in-house solutions that we’ve built for our digitaltransformation, which is my area of expertise.
In “Navigating the Numbers: Tariffs, AI, and The Future of Supply Chains”, Joe Lynch and Corey DeSantis , BDO’s Logistics and Transportation Subject Matter Expert, discuss the evolving landscape of global trade, the transformative power of artificial intelligence, and strategies for building resilient supply chains for tomorrow.
Geopolitical instability, extreme weather, labor shortages, and fluctuating consumer demand regularly impact global logistics. Traditional supply chain planning, which relies on historical data and reactive adjustments, is no longer adequate for managing these challenges. Amazon is a leader in AI-driven supply chain management.
Procurement and supply chain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time.
India’s growth story can continue if it streamlines and effectively manages its supply chain like the iconic dairy brand Amul that recently entered the US market. Direct Procurement : Milk is collected directly from farmers at the village level. This empowers them to have a stake in the business and share profits.
Home Making Logistics Data Actionable: Insights from Freightos and Gryn July 7, 2025 Blog Data is the backbone of efficient decision-making. However, transforming raw data into actionable insights remains a significant challenge for many logistics organizations. strive for cost savings and to increase supply chain performance.
Freight transportation makes up over 10% of total global carbon emissions. Reducing emissions from transportation is crucial to achieving organizations sustainability goals. However, logisticsmanagers cannot deliver against todays goals with yesterdays TMS systems.
Supply chain planners are now frequently tasked with initiating transformations to address these various pressures. Planners are uniquely positioned with an end-to-end focus, from procurement of materials, through manufacturing and engineering, to the movement, storage, and delivery of finished products or services.
Thirty percent of digitaltransformation projects meet expectations. Industry-specific content is available for processes like Source to Settle, Procure to Pay, Order to Cash, and more. IDP converts paper-based documents into automated digital processes. Infor calls this the Value Void.
As part of the workshop, we are developing a list of Do’s and Don’ts related to Distributor Management. Do Invest in Distributor Capability Building : Provide training, digital tools, and performance incentives. Do Embrace Technology and Data : Use real-time data for demand forecasting, inventory management, and route optimization.
Crisis vs. Continuity, Where the Line Falls Crisis management is the immediate response to something unexpected and high impact. Real-World Examples Maersk (2017): A ransomware attack crippled IT systems across its global logistics network. Many companies have documented response plans, risk registers, and compliance frameworks.
When you combine the volume, complexity, and speed with which decisions need to be made and executed, the current way companies manage this is unsustainable. Decisions need to be digitized. They aim to achieve the same success in supply chain management that they have achieved in the healthcare sector. Who is InterSystems?
Home Meet Freightos Procure: The Next Evolution of SHIPSTA Freightos Procure rebrands SHIPSTA, enhancing procurement with market intelligence and seamless booking within the Freightos Enterprise suite, empowering shippers to manage the entire freight lifecycle efficiently.
Political instability has disrupted transportation corridors. Sudden tariff increases can quickly make a cost-optimized procurement strategy untenable, leaving companies scrambling to adjust. Procurement is another area seeing change. Trade tensions have led to abrupt tariff hikes. AI also helps with scenario modeling.
Digital Twin Screen Shot and Architecture The most comprehensive form of planning that companies engage in is integrated business planning. The supply chain planning market, which had been growing at double-digit rates during and after COVID-19, has slowed considerably, particularly in Europe.
Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities This supply chain article provides a comprehensive overview of the procurement department within an organization. Read In Detail About Procurement Department Here 2.
When it comes to risk management, assessing the likelihood of various outcomes, and preparing accordingly, is vital. Paul Maplesden , Lead Content Strategist for Logistics and the Supply Chain at GEODIS, explains, “Mapping out key supply chain partners, routes and other factors is a good first step toward resilience.
From raw material sourcing to logistics and regulatory compliance, stakeholders across the value chain will need to prepare for structural adjustments. For companies managing large product portfolios, the scale of these changes will be resource-intensive and time-sensitive, particularly given the proposed 2026 target for full transition.
When a speaker wafts eloquently on one of these terms that I hate, I have to manage the inner Lora. Examples are consensus forecasting, the evolution of the SCORE model, the Annual State of Logistics Report, and the Gartner Top 25. During the pandemic, logistics was a constraint. business logistics costs totaled $2.3
Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. Technology integration: Leveraging digital tools to enhance visibility and decision-making.
Digital Opportunity for 3PL Logistics Operations! Supply chain software is a game-changing tool that offers immense opportunities for growth and success in the transportation services market. Failed customer expectations Logisticsmanagement software often has difficulties in fulfilling client expectations.
That, at least, is the theory behind mathematical optimization, and the way it’s being applied to supply chain management today. Bowman, SupplyChainBrain Supply chains consist of imperfect humans struggling to make perfect decisions. In the end, though, it all comes down to a game of numbers.
The Top 5 Impacts of Artificial Intelligence (AI) in Logistics! Better inventory management, intelligent manufacturing, flexible logistical systems, and real-time delivery controls have all been made possible by the use of artificial intelligence (AI) in the supply chain and logistics.
Because logistics are tightly woven into production, fulfillment and the customer experience, the impact of a transit issue, like a delayed shipment, can quickly ripple across the whole business. And cross-functional teams — from procurement and sales to finance and customer service — are left scrambling to react. Assembly lines pause.
In the end-to-end source-to-pay (S2P) process , strategic sourcing is the link between spend analytics, category management and contracts management, and is supported by supplier intelligence. cost, products, legal terms, logistics etc.) Your focus here is to get security of service at a good price.
Behind the scenes of every successful business lies a well-orchestrated machine made up of four critical functions: supply chain, logistics, transportation, and operations. Table of Contents What Is Supply Chain Management? What Is Logistics? What Is Transportation? What Is Supply Chain Management?
The explosion in globalisation, and corresponding reduction in transport availability over the last decade or so, have together kiboshed some of the factors which once fueled a steady growth in offshore manufacture and procurement. Let me show you why. Understanding the Basics: What is Nearshoring? For instance, when I work with U.S.
They write, “This includes tackling bigger issues such as compliance, supplier relationship management, risk and disruption, responsible sourcing, and transparency. ” Logistics optimization. This reduces fuel consumption, lowers delivery times, and enhances overall transportation efficiency.”
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. SCB Feature Report From DPW: What’s Next for AI in Supply Chain? That’s because the promise of artificial intelligence for supply chain operations is huge.
It’s the key to transforming your supply chain from a source of frustration into a well-oiled, profit-generating machine. Connected technology transforms traditional supply chains into dynamic systems capable of real-time decisions and proactive problem-solving. You’re not alone. That’s where data analytics comes in.
To truly build resilience across the entire organization — including supply chain and logistics — businesses need to remove the internal silos that can lead to restricted data flow and collaboration. Transform Supply Chains for Agility Building a resilient supply chain requires agility and flexibility in each layer of operations.
From extraction and processing to distribution and end use, managing the flow of resources like oil and gas requires more than logistical coordination; it demands financial precision, strategic foresight, and real-time adaptability. Key insight for finance professionals: Supply chain complexity is more than logistics.
The awards recognize innovative companies leveraging artificial intelligence to revolutionize supply chain, transportation, and logistics operations. This innovation allows logistics teams to focus on customer relationships, improving margins and service delivery without disrupting operations. CloneOps.ai
This article will explore key strategies for building supply chain resilience, and how Skill Dynamics can help support your business throughout this transformation. A lack of resilience can cause disruptions and delays to sourcing, transportation, or even manufacturing all of which lead to higher costs.
(NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, today announced that e2open has been positioned by Gartner as a Leader for the third consecutive year in the 2025 Magic Quadrant for TransportationManagement Systems1. View a complimentary copy of the Magic Quadrant report at e2open.com.
and other global players goes beyond policy change to the point where it is structurally transforming international trade as we know it. s introduction of a universal 10% baseline tariff, for example, may appear a manageable challenge at face value. The recent wave of tariffs introduced by the U.S.
Today’s fast-moving supply networks demand more than intuition; they require systems thinking, digital fluency, and strong data skills. A Masters in Management Information Systems, especially earned online, offers a practical edge. Blending IT and management concepts, the degree helps them design leaner, more adaptable operations.
Access will be available seamlessly through Cass’s Single Sign-On (SSO) integration, allowing users to gain insights driven by the combination of their transportation data and FreightWaves SONAR’s real-time intelligence across North American markets and lanes. About Cass Information Systems Cass Information Systems, Inc.
That includes everything from raw materials and manufacturing to packaging and logistics. Known as Scope 3 emissions, these are also the most difficult to measure and manage. Tesco and Walmart have announced procurement policies aimed at reducing carbon emissions and promoting sustainability throughout their extended supply chains.
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