Remove Procurement Remove SCM Remove Supply Chain
article thumbnail

Procurement vs. Supply Chain Management: Differences, Challenges & Solutions

ivalua

Procurement and supply chain 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.

article thumbnail

Unmasking the Supply Chain: How Blockchain Brings Transparency and Trust

Logistics Viewpoints

Supply chains, which facilitate the movement of products from manufacturers to consumers, have historically encountered issues such as inefficiency, fraud, and a lack of transparency. ERP & SCM Systems (2000s2015): Centralized ERP suites (e.g.,

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Procurement Technology: Enterprise Solutions Driving Efficiency and ROI

ivalua

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than ever—juggling cost control, compliance, supplier risk, and internal complexity, all while trying to modernize outdated systems.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.

article thumbnail

Report From DPW: What’s Next for AI in Supply Chain?

Supply Chain Brain

SCB Feature Report From DPW: What’s Next for AI in Supply Chain? That’s because the promise of artificial intelligence for supply chain operations is huge. It could do more to accelerate the journey of supply chain operations from the backroom to the boardroom than any other change. trillion to U.S.

article thumbnail

E2open Acquires icon-scm: Five Reasons Why You Should Care

Supply Chain Shaman

She cannot count the number of SCM software acquisition announcements that promised 1+1=10. The supply chain management market is troubled and needs some excitement. icon-scm was founded in 1992. The company partnered with SAP to launch a product offering, SAP Supply Chain Response by icon-scm, in 2010.

article thumbnail

Supply Chain IT Systems Explained

Logistics Bureau

If you were tasked with procuring the best supply chain IT system, what would you look for? ERP, APS, SCM Systems Explained Organisations often use these systems together because each serves a distinct but complementary purpose. SCM then takes these plans and helps execute them across your entire supply chain network.

article thumbnail

Editor’s Choice: AI in Supply Chains: Which Data is ‘Just Right’ for Your Business?

Logistics Viewpoints

Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This article comes from Greg Quirk, Product Marketing Manager at Kinaxis and looks at AI in supply chains. Data is the lifeblood of AI in the supply chain.