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Alex Zhong, Director Product Marketing at GEP. GEP and the North Carolina State University (NCSU) SupplyChain Resource Cooperative surveyed supplychain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supplychain resilience and optimization.
Few organizations are immune to the effects, which are acutely felt in supplychains — and the more complex they are, the greater the probability of interruptions. The study found that these leaders considered the largest gap to be between supplychain and procurement, citing it as a major issue.
eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.
Most of the activity that occurs behind the scenes at all stages of the supplychain involves human activity, processing transactions on screens and Excel sheets. Artificial Intelligence includes very specific technologies: Natural Language Processing, Machine Learning, Generative AI, but also Expert Systems, and Bots.
A new study that the SCRC published with GEP examines the increasing pressure that supplychain executives are getting when it comes to responding to supplychain disruptions. In this study, we explore the primary forms of misalignment that exist between supplychain and procurement executives. (We
Claritum Article - Procurement Blog. We’ve compiled a list of some of the best must read procurement white papers and analyst reports (in no particular order of importance or preference) covering a variety of topics such as supplychain management, tail spend and the future and digitization of procurement.
In 2025, we will likely see many supplychain organizations creating multi-purpose COEs that carry out several different processes. They also perform P2P transactions, analytics studies, business intelligence, and other work. AI technologies may be very helpful in improving the efficiency of such processes.
The Ferrari Consulting and Research Group, through its affiliated SupplyChain Matters blog shares excerpts of select individual predictions that will be included in our annual 2025 Predictions for Industry and Global SupplyChains Research Advisory publishing later this month. billion in funds.
The SupplyChain Matters blog highlights this weeks published index data that reinforces that North America based manufacturers have initiated unseasonal forward loading on inventories. Background In a prior SupplyChain Matters posting in late November, we highlighted U.S. as firms anticipate higher imported costs.
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