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AI, Artificial Intelligence, is a word being thrown around these days to garner attention with little regard for if the usage is accurate. The true trending conversation is deeper and specific to Generative AI. But what does Generative AI really mean, especially for Supply Chain Planning? Let’s start at the foundation of artificial intelligence. AI is a computer algorithm that behaves like biological intelligence based on historical data and information.
Over 60 companies have benefited from the close collaboration and supply chain expertise of these two industry powerhouses – who show no signs of slowing down. BOSTON and STOCKHOLM – July 18, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, and Optilon, the leading supply chain solution consulting organization in the Nordics, are proud to celebrate 15 years of partnership, collaboration, and delivery excellence in the realm of supply chain managem
In Samuel Taylor Coleridge’s “ The Rime of the Ancient Mariner ,” the bard describes the distress of mariners floating upon a windless ocean under a withering sun and running out of supplies (including water). One of the most famous stanzas from that poem is: Water, water, everywhere, And all the boards did shrink; Water, water, everywhere, Nor any drop to drink.
Contract management plays a crucial role in the procurement process, as it helps ensure compliance, mitigate risks, and optimize supplier relationships. By effectively managing contracts, organizations can maximize the value of their procurement activities and minimize potential issues. In this guide, we will explore the key benefits and importance of contract management in procurement and provide insights on how to implement effective practices.
By Jessica Sweet (pictured) Content Writer at makeLifeSweeter.com The post A Quick Guide to Fleet Security: Ensuring the Safety of Your Vehicles and Assets appeared first on IT Supply Chain.
By Jessica Sweet (pictured) Content Writer at makeLifeSweeter.com The post A Quick Guide to Fleet Security: Ensuring the Safety of Your Vehicles and Assets appeared first on IT Supply Chain.
There are things that make your distribution no longer efficient. If you haven’t looked at your distribution in the last 5 years or so. I urge you to review it! Watch the video below to find out why! Related articles on this topic have appeared throughout our website, check them out: How to Operate Your Distribution Truck Fleet at Less Cost The 7 Principles of Warehouse and Distribution Centre Design 7 “Costequences” of Distribution Network Misalignment Do You Know the Signs of Poor Distri
By Steve Purvis (pictured) Managing Director, Bis Henderson Space The post Near-sourcing drives need for flexible space appeared first on IT Supply Chain.
Pierfrancesco Manenti, Gartner vice president analyst, says "commercial innovation" refers to the efficiencies that chief supply chain officers bring to the provider and to the customer.
As retailers invest in their commerce transformations and put their trust in the power of artificial intelligence (AI), they need to ensure their whole organization is aligned to make the best use of it. Historically, the decisions and logic of AI has been somewhat of a mystery to the stakeholders and those who are putting trust in AI. When the “black box” is turned into glass box, an organization gains confidence and clarity.
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
As inflation lingers, the tough times for the freight industry are likely to continue. But shippers and carriers have the power to combat rising costs.
Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. Background Within our research arm’s January 2023 published advisory, 2023 Predictions for Industry and Global Supply Chains ( available for complimentary download in our Research Center ) , we included a prediction that manufacturers would seek more direct control and added resiliency of their component or outsourced prod
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
Here are five compelling reasons why a retail organization should consider a composable order management system as part of their digital transformation project.
Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.
In a sustainability report, the company said its carbon emissions fell by 0.4% from 71.54 million metric tons in 2021 to 71.27 million metric tons in 2022.
In the evolving world of logistics and transportation, change is the only constant. Navigating the complex final mile logistics landscape requires a keen understanding of relationships, an ongoing commitment to transparency and visibility, and the ability to adapt to increasingly high service expectations. The post Final Mile Logistics Landscape: Meeting Modern Demands for Service appeared first on MercuryGate International.
Tata previously considered building its battery site in Spain, but a decision favoring the U.K. will help to secure the future of JLR’s plants in its traditional home market.
Explore the challenges and opportunities in the 2023 oilfield services market. Learn strategies to navigate headwinds and maximize tailwinds for success.
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
The global logistics industry generated $9.83 trillion in 2022, meaning the sector will experience a compound annual growth rate (CAGR) of 5.6% from 2023 to 2032.
Change is coming whether we like it or not, and it’s usually something I welcome in manufacturing. It’s the reason our industry can transform raw materials into 30,000 different components and piece them together to make a modern vehicle. New technologies, complex processes and mankind’s incredible ability to solve problems have led to countless innovations that make our everyday lives richer, but there’s no denying that change also has a downside.
As waves of lawsuits are filed against PFAS manufacturers like 3M and DuPont, businesses and consumers are raising questions about safety and health concerns. For decades PFAS chemicals have not only found their way into everyday home products, from skincare to clothes and cookware to carpet, but also into drinking water for entire cities. There’s another place where PFAS can be found, too—our supply chains.
Seacret is a direct sales company that markets premium skincare products made from ingredients from the Dead Sea. Check out this short video to see how Amware Fulfillment’s custom packaging services help deliver products to Seacret customers in pristine condition – every time.
Procurement is in the middle of a tech tsunami. And if it feels like the old playbooks aren’t working anymore, that’s because they aren’t. Agentic AI. Autonomous procurement. Unified source-to-pay ecosystems. These innovations are converging and transforming how procurement teams operate. The GEP 2025 Procurement & Supply Chain Tech Trends Report breaks it all down.
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