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Supplychain disruptions have become a persistent operational risk. Traditional supplychain planning, which relies on historical data and reactive adjustments, is no longer adequate for managing these challenges. Amazon is a leader in AI-driven supplychain management.
The adoption of AI in supplychainautomation is enabling companies to make more accurate decisions, reduce cycle times, and better manage complexity. These capabilities are now being integrated into mainstream TMS, WMS, and ERP platforms.
As a supplychain executive, picture beginning your day with a cup of coffee when a news alert notifies you of newly imposed tariffs affecting your primary suppliers in China. Tariffs on steel from Chinaup 25%and retaliatory moves from Canada and Mexico may turn supplier relationships upside down.
AI is reshaping the way organizations source, manage suppliers, and drive value today. As supplychains become more interconnected and risks more dynamic, traditional procurement tools fall short. This refers to AI systems that act with autonomy and are programmed to accomplish specific goals.
AI is reshaping the way organizations source, manage suppliers, and drive value today. As supplychains become more interconnected and risks more dynamic, traditional procurement tools fall short. This refers to AI systems that act with autonomy and are programmed to accomplish specific goals.
In this type of environment, traditional procurement software and manual processes are insufficient – and many procurement teams are looking to artificial intelligence (AI) for answers. Supplier risk adds even more complexity. That means better supplier choices and fewer surprises down the line. AI speeds up decision-making.
Direct and indirect procurement are two fundamental approaches in supplychain management, each serving distinct functions within an organization. Key Takeaways Unified sourcing platforms help connect planning, sourcing, and spend visibility for both procurement types, driving efficiency and competitive advantage.
Spare parts supplychains, however, come with their own set of complexities, requiring targeted strategies and specialized tools to meet these unique demands effectively. Organizations require robust inventory management systems capable of handling diverse parts throughout their lifecycle.
Traditionally, procurement has been a process weighed down by manual tasks, fragmented systems, and endless paperwork. Procurement AI enables teams to quickly process mountains of data, uncover hidden patterns, and automate repetitive tasks like invoice processing and supplier evaluations.
Supplychains are the backbone of global trade that ensure the smooth movement of goods and materials across industries. One of the most effective strategies for building resilience is integrating project management into supplychain operations. A well-managed supplychain does not just survive crises it thrives in them.
Picture yourself at your local hardware store comparing two paint cans that appear completely identical, yet they have completely different price tags. Before digital tools entered the scene, thats almost exactly what procurement used to feel like. This is exactly what digital tools are delivering. Today though?
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.
Subscribe Digital Procurement Improves SupplyChain! How do you build strong supplier relationships? Finding the right supplier isn’t easy, is it? Establishing a strong partnership with a supplier is one of the biggest pain points for procurement leaders, particularly for startups. The world is evolving rapidly.
Choosing the Right ERP System for Manufacturing: Key Features to Consider Enterprise Resource Planning (ERP) is a cornerstone of modern manufacturing, bringing together core business functions to improve operational efficiency. Supplier Collaboration – A strong relationship with suppliers is crucial for a smooth manufacturing process.
Consider this your business suddenly faces a major supplychain disruption. Perhaps a critical supplier goes out of business, a natural disaster halts shipments, or new regulations are introduced that throw a wrench in your entire process. Operational risks: Supplier bankruptcies, poor quality control, or delays in logistics.
Managing construction supplychain risks is critical to ensuring the successful completion of projects. Here’s a complete guide to handling construction supplychain risks. It encompasses procurement, logistics, inventory management, and supplier relationships.
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Now’s the time for businesses to look back at the strain that rising inflation put on their supplychains and inventory management. Protecting your bottom line starts with a better understanding of the ways inflation affects supplychain management. As prices continued to rise, purchasing power plummeted.
As a leading vendor of procurement technology and solutions to manufacturing companies around the world, JAGGAER is witness to these changes as they happen, and even before they happen. but also external data such as supplier networks and performance, extended supplychains, and the environmental impact of their operations.
The impact of tariffs on supplychains is no longer abstract. From the new tariffs impact on supplychains to newer policy shifts between the U.S., China, and the EU, trade barriers are driving more than price changes. How Do Tariffs Affect SupplyChains? But the real disruption is in predictability.
This article is derived from our newest SRM White Paper, “One Platform, One Vision – The Benefits of a Unified AI-Driven SupplyChain Planning & Procurement Decision-Making Platform” Ask a procurement leader and a supplychain planner about their biggest priorities, and you’ll likely hear two very different answers.
Subscribe Thesis Ideas for SupplyChain Students! Today’s fast-moving supply networks demand more than intuition; they require systems thinking, digital fluency, and strong data skills. A Masters in Management Information Systems, especially earned online, offers a practical edge.
ERP systems form the backbone of efficient operations for many organizations. They integrate finance, HR, sales, and supplychain management into one complex platform. Within this setup, an ERP procurement module helps companies make purchases and manage suppliers.
The conversion is remarkable, especially when you consider that store shelves are just one indicator of the tremendous shifts rippling through the supplychain. Behind the scenes, CPG brands are strategically balancing cost cutting measures with supplychain investments to ensure preparedness for continuing market shifts.
This isn’t a one-off disaster: it’s what procurement chaos looks like in 2025 when workflows are outdated and systems don’t talk to each other. The smartest contractors are switching to integrated platforms that unify purchasing, payments, and supplier coordination all in one place.
In today’s volatile global trade landscape, enterprises face ongoing pressure to optimize their supplychain operations. There are many ways an organization can cut supplychain costs. Mastering Direct Spend Management Procurement teams generally do not report to the chief supplychain officer.
Spare Parts Management Software is becoming mission-critical for Maintenance, Repair, and Operations (MRO) professionals; especially those overseeing complex fleets, heavy industrial equipment, or distributed facilities. Spare Parts Management Software deliver measurable impact across maintenance, procurement, and operations.
SupplyChain Matters features its latest full edition of This Week in SupplyChain Management Tech , a compilation of funding, partnership and other noteworthy announcements related to supplychaintechnology providers. Our previous posting in this series was published on May 18 th.
Rising costs, supplychain chaos, and economic swings put businesses under enormous pressure to protect their margins. Negotiate better contract terms. Afterward, this money can be used to develop new products, enhance the customer experience, update technology, or recruit new employees. Identify unnecessary spending.
In 2025, we will likely see many supplychain organizations creating multi-purpose COEs that carry out several different processes. In the P2P space, it is also important to note that the role of robotic process automation (RPA) and AI will further enhance the capabilities of COEs to efficiently manage transactional work.
Staying ahead in a complex regulatory landscape Predicting regulatory direction has always been difficult, but perhaps never more so than today. Theres no denying that late payments are a significant challenge for suppliers everywhere. The challenge is uncertainty but also divergence.
Rethinking supplychains is a reader-supported publication. As a result of these efforts, we have multiple tools in place to address any challenges. Creedon - CEO & Director The evolution of our business model towards multi-price has added a new dimension to our agility. Winifred Y.
These tariffs will raise costs, disrupt supplychains, and force companies to rethink sourcing and logistics strategies. Businesses must act immediately to safeguard operations, contain financial risks, and maintain supplychain stability. Strengthening Domestic SupplyChains Businesses that manufacture in the U.S.
The MHI staff observes, “As 2025 begins, a mix of opportunities and uncertainty is driving supplychain professionals as they seek to gain a deeper understanding of how the year will play out. How will automation and AI impact supplychains? SupplyChain Trends Disruption is the norm.
These trade barriers, imposed by governments to control the flow of goods, can drastically affect everything from pricing to supplychains to overall business strategy. Understanding how tariffs work and the effect they have on businesses is crucial for those looking to optimize their logistics and supplychain strategy.
Contract Enforcement : How might companies need to restructure force majeure clauses to accommodate future tariff-induced price fluctuations, and what litigation patterns could emerge if these clauses are tested? For that reason, it is almost irrelevant when it comes to contractual negotiations after a disruption occurs.
Nobody was predicting the sharp change in US economic policies that have been heralded by the election of Donald Trump as the 47th President of the United States. UK economic growth is predicted to be 1%. Further layoffs in the supplychain are inevitable, not only in Germany but across the continent. in the EU and 0.8%
China to strengthen control over strategic minerals exports China said on Monday that it will strengthen controls over the full supplychains of strategic minerals exports as part of efforts to tighten its dominant grip on materials it deems crucial to its national interest. the chief financial officer said on Thursday.
The key supplychain stories from Reuters’ global network of journalists US ocean container imports tumble in May as China tariffs take hold U.S. year-over-year in May, the sharpest decline since the pandemic, as President Donald Trump's 145% tariffs took hold, supplychaintechnology provider Descartes (DSG.TO) said on Monday.
From electronics manufacturers to retail giants, companies are grappling with a complex landscape of rising duties and other supplychain challenges. The stated aim of those measures is to bolster domestic manufacturing and reduce reliance on foreign supplychains. In the U.S.,
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Writing on the research firm’s blog post, Ash Sharma, Chief Commercial Officer & VP of Research - Robotics & Warehouse Automation for Interact says that “The mobile robot industry, previously marked by rapid expansion and investment, is now undergoing a period of challenges and readjustment.” year-over-year out to 2030.
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