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How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis

ivalua

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” But cost reduction is no longer sufficient.

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Trends 2023: Supply Chain

Enterra Insights

For years, supply chain professionals have toiled in obscurity while making the global economy run smoothly. When the Covid pandemic threw a wrench into the supply chain’s well-oiled machine, supply chain challenges were suddenly front-page news. Supply Chain Trends. ”[1].

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The Ultimate Guide to PLM Software

Arena Solutions

This can be a challenge as emerging technologies continue to add greater complexity to the product development process. Today, organizations need to rely on enterprise product lifecycle management (PLM) solutions to overcome product development hurdles and achieve commercialization success. What Is Product Lifecycle Management (PLM)?

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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

Solvoyo’s Solution Bugaboo: something that causes fear or distress out of proportion to its importance. Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. Would better forecasting accuracy be a good thing? Absolutely!

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History and Evolution of Supply Chain and Logistics

SCMDOJO

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. and J-P Rodrigue (2004)).

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The Secret to Rapid Digitisation: A Dual Platform Strategy

The Logistics & Supply Chain Management Society

With a network technology layer in place, the key idea is that you begin moving business functions onto the network over time in a systematic way that matches your priorities—while retaining the best of your legacy systems. Leverage new technologies like AI and machine learning in concert with current systems.

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Integrated Supply in 2024: Three Trends Reshaping the Industry

Synovos

“AI advancements in the areas of machine learning and large language models are important developments for integrated supply,” observes Robert Kline, Chief Technology Officer for the global technology team at RS Integrated Supply, a Maintenance, Repair and Operations (MRO) supply chain services company.

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