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A data gateway is essentially a connective tissue across your supply chain, providing unified access to supply chain data from various sources, including enterprise systems, data feeds, data warehouses, data lakes, data marts, and business entities.
Theres no shortage of commentary on how companies should respond move production, shift suppliers, and reconfigure operations are just a few common recommendations. The reality is, you cant just uproot a manufacturing facility and move it overnight, as if it were the floating house in the movie Up, carried away by a bunch of balloons.
SAP is embedding its generative Joule across the SAP Ariba source-to-pay solution portfolio to make it easier for their customers to manage routine inquiries, such as status updates, summarization, and frequently asked questions. My advice,” he concluded, “is just jump in. Their copilot-style solution is known as Joule.
A data gateway is essentially a connective tissue across your supply chain, providing unified access to supply chain data from various sources, including enterprise systems, data feeds, data warehouses, data lakes, data marts, and business entities.
Tariffs are no longer just policy noise. One policy shift and your sourcing strategy is upside down. 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.
Reducing cost was the primary objective, and most operational decisionsfrom sourcing to fulfillmentreflected that mindset. Many organizations are now realizing that resilience is not just a supply chain add-on; it’s a fundamental capability. What if lead times from a key port double? AI also helps with scenario modeling.
Companies leaning heavily on global sourcing? manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. What Is Agile Procurement?
They are no longer just vendors of goods and services. Access to Unique Process and Asset Capabilities: Some suppliers offer unique skills, technologies, or processes that are not available in-house or through other sources.
Smart energy management systems further enhance efficiency by tracking and optimizing energy use in real-time. Ethical sourcing is a fundamental aspect of social sustainability. In today’s interconnected global economy, sustainability within supply chains and logistics has become a necessity rather than an option.
Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations?
This is starting to mount cost pressures just at the time when additional investments are needed to build resilience. The key to this lies with sourcing. Before diving further, let us define what sourcing is. Sourcing is the practice of finding and selecting suppliers for a range of services (e.g.,
Companies use risk management software , like the Interos solution, to monitor and analyze supplier risk events in real time. These are big data platforms that monitor news sources and assorted databases from governments, financial institutions, ESG NGOs, and other sources to detect when an adverse event has occurred or may be about to occur.
Its a rollercoaster for logistics and supply chain leaders operating in global markets. Add emerging compliance requirementssuch as sustainability, transparency, and Environmental, Social, and Governance (ESG) regulationsto the mix and youve got an unprecedented, complex global trade environment. And as tensions between the U.S.
Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers. Done well, it can become a key driver of competitive advantage.
Many application teams leave embedded analytics to languish until something—an unhappy customer, plummeting revenue, a spike in customer churn—demands change. But by then, it may be too late. In this White Paper, Logi Analytics has identified 5 tell-tale signs your project is moving from “nice to have” to “needed yesterday.".
We invest a huge amount of time and resources into our people and making sure that we have the best digital talent in the industry and that we’re doing the most innovative things in the supply chain. Just last year we finished integrating the sales process into the end-to-end supply chain process. That has worked out well for us.
As a result, hospital chains largely lacked competence in sourcing. President Obama signed the Affordable Care Act into law in 2010. The new law meant that the way medical systems operated had to change. Expanded health insurance coverage led to increases in the demand for care. Adrian Wengert joined Saint Luke’s Health System in 2014.
Volatile markets, global disruptions, and the need for real-time insights are pushing traditional systems to their limits. data extractors, search APIs) to perform tasks, enabling them to dynamically adjust to new information and real-time knowledge sources. Typically, these systems consist of standard-task agents (e.g.,
Today the question is not just When is the next disruption coming? Artificial intelligence (AI) is not just a buzzword; it has become a critical competency for supply chain and logistics teams today. Five years ago, we all thought the COVID-19 pandemic resulted in the most disrupted supply chain landscape we would ever see.
Think your customers will pay more for data visualizations in your application? Five years ago they may have. But today, dashboards and visualizations have become table stakes. Discover which features will differentiate your application and maximize the ROI of your embedded analytics. Brought to you by Logi Analytics.
However, over time, most companies have expanded their digital supply chain model from being mainly internally facing to including an array of external trading partners and participants. Who is InterSystems? InterSystems is a rapidly growing global private company with nearly 2,000 employees and revenues of over $1 billion.
Global Trade Compliance Is Not Showing Signs of Slowing Down Any Time Soon The Global Trade Compliance market is experiencing steady growth and is expected to continue this trend over the next five years. Businesses will need to ensure accurate data reporting across core operations such as sourcing, procurement, and transactions.
This analogy is not just a matter of abstract concepts; it is about real-world investments, strategic partnerships, and the tangible products being developed that are shaping the future of industrial AI. All supply chain vendors seek to position themselves as leaders in supply chain AI. But there is a larger AI ecosystem.
They need to make decisions in real-time or near real-time, as the environment around them rapidly evolves. Now, teams can focus on strategy, instead of chasing information across multiple systems and endless email chains, saving time and money, and getting goods on shelves with less overhead and more reliability.
Just by embedding analytics, application owners can charge 24% more for their product. How much value could you add? This framework explains how application enhancements can extend your product offerings. Brought to you by Logi Analytics.
Artificial intelligence (AI) and rapidly developing generative AI tools provide complex, real-time, and in-depth insights specific to supply chain management. People are used to interacting with data in a complex waynot just for scheduling but to get real, in-depth answers.
But, how do we think about the decision roles of not just humans but also machines? The Need for Speed When you talk to supply chain planning software suppliers, they identify similar trends. However, Alex Pradhan, the global product strategy leader at John Galt Solutions, talks differently about what her company sees in the market.
A data fabric does not store data itself; it connects and provides access to data from diverse sources without physically moving or duplicating it. It accesses, transforms, and harmonizes data from multiple sources to make it usable and actionable for various business use cases. This is an impressive feat that sounds almost magical.
Coupa Inspire 2025 opened with a bold message from the main stage in Las Vegas: the future of global trade isnt just digitalits autonomous. But now, it’s being activated through AI agents designed to automate sourcing, manage risk in real time, and reduce the friction thats long plagued procurement and finance functions.
Why do some embedded analytics projects succeed while others fail? We surveyed 500+ application teams embedding analytics to find out which analytics features actually move the needle. Read the 6th annual State of Embedded Analytics Report to discover new best practices. Brought to you by Logi Analytics.
Throughout this process, a single part may cross borders several times before becoming part of a finished vehicle. For example, aluminum raw material is cast into a piston in Canada, then shipped to Detroit for machining incurring a 25% tariff based on the piston’s value. without additional tariffs under the USMCA agreement.
We spent hours and hours looking for data, whether it was for audits, compliance, or just basic troubleshooting. Data should be created once and move seamlessly, in real-time, to where needed. He also spoke at the ARC forum in 2023, and this article is based on that presentation as well. This became an investment priority.
In conventional supply chain planning , planners using basic tools (typically spreadsheets or legacy systems) forecast just one number for each item. In modern distribution networks, meeting service levels requires getting precisely the right inventory to the right locations at the right time.
Leadership Perspective We’re not just changing a name. With Freightos Procure, were now in a position to build true Procurement Intelligence by combining global market data with modern sourcing and decision-making processes. Enhanced Enterprise Capabilities For existing customers, this transition will be seamless.
Global supply chain disruptions continue to derail manufacturers in the high-tech, automotive, and renewable energy sectors as they grapple with long lead times, higher prices, and electronic component shortages. To mitigate risks, many companies are incorporating alternate parts into their sourcing strategy. Focus on commodity parts.
About Kristina Bernarducci Kristina Bernarducci isnt just building partnershipsshes building community. Offers national pallet management services, acting as a single source for pallet supply, retrieval, and tracking. Kristina and the Bettaway team are big supporters of Wreaths Across America. Bettaway Beverage Distributors, Inc.:
But many supply chain practitioners dont realize that the most common approach to supply chain planningusing a demand-driven forecast as the primary input to future planningis just as outdated. Identify and prioritize sources of uncertainty and variability in your supply chain and use this data to improve your planning and decision-making.
The technology is ready to go; now is the time to use it.”[1] They write, “This includes tackling bigger issues such as compliance, supplier relationship management, risk and disruption, responsible sourcing, and transparency. The answer: One bite at a time, of course! Quite the opposite. Companies are no different.”[4]
At the same time, feeding your AI models too much data can also be a problem. Like Goldilocks’ quest for the perfect bowl of porridge, to leverage AI in your supply chain you need to identify which data is ‘just right’ for your business. ERP, CRM, SCM), external sources (e.g., Data is the lifeblood of AI in the supply chain.
In Part One of the series , Michael observed that standard sourcing solutions struggle in efforts to support direct materials sourcing because of specific challenges in the software design and why. He further indicates: A CFOs role in tariff risk management goes beyond just financial oversight.
Neal Huffman and Joe Lynch discuss Farelanes: real time lane pricing for everyone. Neal is the Chief Executive Officer and Co-founder of Farelanes, a company specializing in providing real-time lane pricing data for the logistics industry. He transitioned to enterprise software and quickly latched on to the cloud deployment model.
Time-consuming manual processes to report on ESG metrics. From product design, sourcing and operations planning, to manufacturing, logistics and warehousing, there are many opportunities for improved efficiency at each stage of the process. But cloud applications are just the start. Start with your supply chain.
The following Supply Chain Matters multi-part guest commentary is authored by Michael Lamoureux who provides over 18 years of experience and observations and experience in procurement sourcing technology applications. Michael is the Editor-in-Chief of the Sourcing Innovation blog. We’ll explore each of these.
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