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I laugh when business leaders tell me that they are going to replace their current supplychain planning technologies with “AI.” Each supplychain planning technology at the end of 2024, went through disruption–change in CEO, business model shift, layoffs, re-platforming and acquisitions. You are right.
The adoption of AI in supplychain automation is enabling companies to make more accurate decisions, reduce cycle times, and better manage complexity. AI in supplychain automation is gradually reshaping how core functions operate, particularly in procurement, warehousing, and logistics.
Procurement and supplychain 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.
Harvard Business Review recently published an article, “ To Build Resilience, CEOs Need to Become Supply-Chain Experts ”. In this article, we wanted to discuss one aspect of supplychain that is often not given enough attention – building strategic relationships and shared value with direct spend suppliers.
Trade policies are constantly evolving, forcing companies to assess how these changes impact customer demand, supply networks, fulfillment strategies, and cost to serve. Supplychains need to be more agile than ever, yet much of the advice circulating in the industry remains high-level or less than ideal.
The logistics and supplychain industry is a critical component of global trade, responsible for moving goods and materials efficiently to meet consumer and business demands. Investment in research and partnerships is crucial for scaling these solutions industry-wide.
Enterprise procurement leaders are under more pressure than ever—juggling cost control, compliance, supplier risk, and internal complexity, all while trying to modernize outdated systems. AI, automation, and generative tools are redefining efficiency, allowing procurement teams to move from reactive to proactive decision-making.
In the fast-paced world of modern supplychains, traditional forecasting methods fall short. Advanced supplychain planning is being transformed by probabilistic forecasting , which revolutionizes demand forecasting, supply planning, and inventory optimization.
In the fast-paced world of modern supplychains, traditional forecasting methods fall short. Probabilistic forecasting is revolutionizing demand forecasting, supply planning, and inventory optimization by significantly improving forecast accuracy and decision-making across distribution networks.
These steps include sourcing and receiving inventory, storing inventory, order processing, picking and packing an order, shipping the order, and returns management. Factors like planning tools, inventory management, demand patterns, and innovations in technology contribute to the success or failure of fulfillment optimization.
Traditionally, procurement has been a process weighed down by manual tasks, fragmented systems, and endless paperwork. Today, procurement is undergoing a transformation. While procurement teams have long worked to add strategic value, Artificial Intelligence (AI) amplifies their impact.
For most CPOs and CFOs, deciding on the right purchasing setup — centralized or decentralized — is no small task. In this article, we’ll explain what centralized purchasing is, the challenges it tackles, the benefits of centralized procurement, and the types of companies that can benefit most from it.
This is the best way to ensure you dont overbuy or underbuy a solution, avoiding unnecessary costs or missing critical functionality. Its an oft-quoted saying in IT: 80 percent of customers only use 20 percent of the features in the software theyve purchased. What Does No-Code/Low-Code Mean?
Nespresso’s complex coffee supplychain. It’s no simple task providing customers access to the full range of capsules and coffee machines on all sales channels, across more than 70 boutiques in Italy, while optimizing inventory levels. What drove Nespresso’s supplychain planning project?
Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supplychain leaders to reconsider supplychaininventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Why tell this story?
In a previous post , I made a case for how the Chief SupplyChain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly SupplyChain and Procurement will need continuous collaboration. By aligning supplychain and procurement, spend can be considered more holistically.
If you’re evaluating procurement technology or exploring ways to drive more value from existing systems, chances are you’re looking beyond tactical fixes – you want a smarter, scalable strategy. Misaligned priorities across finance, legal, and procurement create friction that delays decision-making and reduces impact.
Picture this: You’re a warehouse manager, and with a few taps on your smartphone, you instantly know the exact location and quantity of every item in your inventory. That’s not science fiction—it’s the power of mobile inventory management. Ready to turn your inventory from a headache into a strategic asset?
Supplychain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times.
Machine learning (ML)a specialized field within artificial intelligence (AI)is revolutionizing demand planning and supplychain management. According to McKinsey , organizations implementing AI-driven demand forecasting solutions can reduce forecast errors by 30% to 50%.
How CPG leaders can reduce costs without hurting supplychain performance fbaker Tue, 06/03/2025 - 09:18 In the consumer packaged goods (CPG) industry, SG&A (Selling, General, and Administrative) costs have long been a go-to target for improving margins. But today’s market is anything but typical.
In the vast sea of supplychain information, which SCMDOJO supplychain article truly stands out? Dive into our curated list of the top 12 blogs from 2024 that will elevate your supplychain knowledge and give you a competitive edge. Read In Detail About Procurement Department Here 2.
The establishment of efficient global supplychains has become critical to competitiveness. From raw material procurement to final product sales, these supplychains’ ability to minimize inventory through product life cycle controls and facilitate prompt product supply is every bit as important as product differentiation strategies.
In today’s interconnected global economy, supplychains play a vital role in the success of businesses. It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks.
Belcorp’s Maturity in SupplyChain Design. When companies implement enterprise softwaresolutions, they often label that implementation as being part of their company’s digital transformation. Using this software effectively is about more than the functionality.
What is Vendor Relationship Management (VRM) and Why It’s Essential for Your ERP and InventorySoftware? Strong vendor relationships are critical for business success, especially when it comes to managing inventory and procurement. Why is Vendor Relationship Management Important?
However, the juice for my newfound nightly routine soon became difficult to find, perpetually out of stock each time I tried to purchase it at the grocery store. With tart cherry juice sales transitioning into a steady demand pattern, retailers must adapt their inventorystrategies accordingly to meet this evolving consumer preference.
Setting the Stage The National Retail Federation’s 2025 conference has unveiled a clear vision of retail’s future, where artificial intelligence, integrated planning solutions, and customer-centric approaches are reshaping the industry landscape. Here are the key insights we gathered firsthand at this year’s event.
Leveling up your inventory life cycle can be crucial, but keeping all the fundamental factors jumping is essential to let the life cycle evolve. However, if the life cycle stock is healthy, inventory management is smooth. Inventory management revolves around the pivotal concept of the product life cycle. Click here!
According to Bloomberg , the coffee supplychain is struggling with constrained supply and increase in prices is inevitable. Traditional, linear supplychains struggle to adapt. This article explores how adaptive supplychains can help businesses thrive.
That’s why staying on top of the latest supplychain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supplychain planning.
In 2025, efficient spare parts inventory management is no longer a competitive advantage — it’s a business necessity. Yet for many organizations, spare parts inventory remains a critical blind spot. Obsolete stock, fragmented procurement workflows, and disconnected data only make the challenge harder.
As we head into the holiday season, supply delays, logistics constraints and inflation are looming over shoppers and retailers—and the manufacturers and distributors who keep them in supply. The 2021 supplychain shortage is the story of our lives today, as the enormous bullwhip effect of COVID continues.
That’s where manufacturing inventory management software comes in. The right software can streamline your production, optimize stock levels, and even help you save money. We’re talking real-time tracking, automated purchasing, and a whole lot less stress. Spreadsheets just don’t cut it anymore.
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.
But what really gets the supplychain and warehouse managers in a sweat are extremely intense sales days or weeks such as the well-known Black Friday or Cyber Monday. The warehouse technologies for manual, semi- or fully automatic solutions are perfectly balanced, and all processes run smoothly.
Understanding how your Procurement and SupplyChain KPIs are performing isn’t just a nice-to-have; it’s essential for survival and growth. Is inventory bloating your costs? But what if you could get a clear, birds-eye view of your core performance without investing in complex, expensive software?
To call todays supplychain environment high pressure feels like the understatement of 2025. At the same time, companies have been forced to pull forward inventorypurchases, creating a squeeze where carrying costs are up while cash flow is tight. Its a slow, manual process, and even then, the data isnt always reliable.
Keeping up with customer demands, managing inventory, and making sure everything runs smoothly — it’s a lot to handle. Mobile ERP software is transforming warehouses just like yours. This guide is your roadmap to successfully integrating mobile ERP software. A practical implementation strategy you can use today.
ERP vs. Best-in-Class for Healthcare SupplyChain Management? Are ERP systems better than best-in-class supplychainsolutions for managing healthcare supplychains? That’s the question we set out to answer in our recent panel discussion with Procurement and SupplyChain experts.
From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supplychain optimization software. This reality is compelling F&B companies to rethink their strategies and approach to supplychain optimization and demand planning.
Mi9 Retail’s Demand Management business was formerly known as JustEnough Software. Combined company gives retailers a powerful new technology arsenal to efficiently improve product availability under constrained supply and outperform the competition. Mi9 acquired this division through its acquisition of JustEnough Software in 2018.
When you look behind the scenes of a global business operation, procurementstrategy and supplychain management are usually top priorities, though theyre not always working in sync. This blog explores procurement vs supplychainstrategy and looks at how aligning the two leads to operational excellence.
With the advent of the digital era, supplychain has transformed dramatically. To increase flexibility, responsiveness, and competitiveness in the long run, the investment in supplychain digitalization will increase by 10%-15% over the next few years. If trends hold, we will achieve touchless supplychains very soon.
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