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How is the Logistics Economy Holding Up?

Logistics Viewpoints

But cross-border trade is an important part of the global economy and much of this trade is in physical goods that must be stored, shipped, transported, and eventually consumed. The report for August (released in late September) shows negligible changes in the aggregate. Manufacturing Purchasing Managers Indexes The J.P.

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5 Reasons why eAuctions Drive Better Savings

SCMDOJO

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.

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Procurement and supply chain executives are struggling in the current environment of high inflation and missed deliveries.

NC State SCRC

A new study that the SCRC published with GEP examines the increasing pressure that supply chain executives are getting when it comes to responding to supply chain disruptions. The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives.

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What areas of SCM are best suited for the application of AI?

NC State SCRC

By applying technologies like Generative AI, organizations will be able to drive efficiencies in the way we work that will create trillions of dollars in economic value, by reducing working capital, increasing agility, and reducing waste, while making better decisions based on data and analytics, not on gut feel.

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Global Production Activity Levels Unchanged In May But Provide Added Warning Signs

Supply Chain Matters

Supply Chain Matters provides our monthly highlights commentary reflecting on May 2023 reported global and regional PMI indices. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The reported value of 49.6 was unchanged as that of April as well as March. in April to 58.7

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Procurement Technology Review of EC eSourcing and EC Optimize

EC Sourcing Group

Review of Procurement and Sourcing Technology Tools from EC Sourcing Group. FROM GUEST BLOGGER, KUMAR KANNEN at Procural www.procuralservices.com. Sourcing suites include the likes of Coupa and GEP, which cater to end to end sourcing activities. It is very useful for example in transportation, MRO, and temp labor bids.

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The Role of Centers of Excellence in Supply Chain Transformation

NC State SCRC

The procure to pay focus may continue, but other types of COE activities are layered on top, building on progressively more sophisticated activities such as KPI development, category intelligence support, risk management, contract management, and predictive analytics.