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SupplyChain & Logistics News Round-Up (October 7th – 11th) This past week, I’ve been playing tourist in London, one of my favorite cities in Europe. In the context of supplychains, I found the exhibit fascinating and saw that the obsession with foreign objects has persisted throughout history.
The adoption of AI in supplychainautomation is enabling companies to make more accurate decisions, reduce cycle times, and better manage complexity. AI in supplychainautomation is gradually reshaping how core functions operate, particularly in procurement, warehousing, and logistics.
The industrial sectorparticularly supplychain management, is facing unprecedented complexity. While Generative AI (GenAI) has shown promise, its limitations in planning, workflow automation, and dynamic adaptation necessitate a more sophisticated approach. Colin Masson, ARC Advisory Groups expert on Industrial AI.
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.
Strengthen your operations with the SupplyChain Resilience Checklist. This practical, easy-to-use tool helps your organization prepare for disruptions and ensure long-term continuity in an unpredictable world.
Jack Fiedler, the vice president for digital transformation of the global supplychain at Lenovo Lenovo is ranked tenth by one leading analyst firm among a list of global companies with exceptional supplychains. Jack Fiedler : We’re unique in the technology industry. That has worked out well for us.
Optimizing fulfillment requires a series of steps to get a shipment from its source to the end customer. These steps include sourcing and receiving inventory, storing inventory, order processing, picking and packing an order, shipping the order, and returns management.
All supplychainvendors seek to position themselves as leaders in supplychain AI. The current AI landscape can be viewed as a series of wars,” where companies and organizations are battling for dominance across various technological and market battlefronts. But there is a larger AI ecosystem.
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.
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. Without the right tools, it’s difficult to properly vet vendors or catch the early warning signs of potential fraud or other issues.
When one thinks of supplychainsoftwarevendors, the name InterSystems may not spring to mind. A supplychain data fabric can help companies augment their supplychain processes. They aim to achieve the same success in supplychain management that they have achieved in the healthcare sector.
If you’re exploring procurement technology, chances are you’re not just looking for a better tool – rather, you’re looking for a smarter, scalable strategy. AI, automation, and generative tools are redefining efficiency, allowing procurement teams to move from reactive to proactive decision-making.
Supplychains, which facilitate the movement of products from manufacturers to consumers, have historically encountered issues such as inefficiency, fraud, and a lack of transparency. Companies find it difficult to fully trust the data from suppliers, complicating efforts to ensure product authenticity, safety, and ethical sourcing.
I find that most companies’ understanding of supplychain planning is immature, and that next week, at the Gartner SupplyChain Summit in Orlando, that many will don their Mickey ears to discuss what I consider outdated supplychain planning models. How can I improve the process of software selection?
Vendors naturally make promises on the speed and level of value realized from their platforms, but 3rd party validation and actual results from past projects is needed to validate such claims and better build your own business case. 393% ROI from process automation, better visibility, and replacing old systems.
In this article, we break down the differences between procurement and purchasing, explain why the distinction matters, and explore how technology can align both functions to drive efficiency, compliance, and long-term value. Aligning procurement and purchasing ensures efficiency, cost control, and reduced risk across the organization.
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.
How to Improve Your SoftwareSupplyChain! When you hear the term “supplychain,” you might think of physical goods, logistics, and warehouses. However, software also has a supplychain. This journey can be complex, involving multiple people, processes, and technologies.
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. AI agents offer a smarter, faster way to manage sourcing, risk, and spend across the entire procurement lifecycle.
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. AI agents offer a smarter, faster way to manage sourcing, risk, and spend across the entire procurement lifecycle.
Now for the Do’s & Don’ts In the dynamic world of FMCG, your Route to Market (RTM) strategy and distributor partnerships can make or break your brand’s success. Do Invest in Distributor Capability Building : Provide training, digital tools, and performance incentives. Digital visibility enhances agility and decision-making.
What is Vendor Relationship Management (VRM) and Why It’s Essential for Your ERP and Inventory Software? Strong vendor relationships are critical for business success, especially when it comes to managing inventory and procurement. Why is Vendor Relationship Management Important?
Procurement AI enables teams to quickly process mountains of data, uncover hidden patterns, and automate repetitive tasks like invoice processing and supplier evaluations. Read on to explore key AI use cases in procurement, the challenges businesses face, strategies to overcome them, and the exciting opportunities AI brings for the future.
Unfortunately, Helene was not an exception but instead illustrates the “new normal” situation, where weather events of increasing frequency and severity are no longer isolated incidents, but are instead a consistent threat to supplychains. tallying a staggering $182 billion in damages.
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. It is a brilliant tool.” SAP’s Business Network is a supplychain collaboration network.
Gartner predicts that by 2026, 95% of data-driven decisions will be at least partially automated. In fact, Gartner also found that only 10% of CEOs say their business uses AI strategically, and just 9% of technology leaders report having a clearly defined AI vision statement. Yet, many companies struggle to harness AIs full potential.
The rise of AI technology combined with Source-to-Pay (S2P) digitization are becoming key allies for leading procurement teams in their quest for ever smarter workflows, improved insights, and data-based decision-making. Accurate, centralized data is the foundation of AI readiness and automation.
Ever feel like your supplychain is a tangled mess of spreadsheets, frantic phone calls, and last-minute scrambles? It’s the key to transforming your supplychain from a source of frustration into a well-oiled, profit-generating machine. You’re not alone. That’s where data analytics comes in.
Unfortunately, outdated tools and fragmented processes make it difficult to maintain visibility across the supplychain and adapt at the pace of business. Digital procurement streamlines workflows and unifies data, enabling faster sourcing, better collaboration, and improved accuracy.
Its an oft-quoted saying in IT: 80 percent of customers only use 20 percent of the features in the software theyve purchased. Warehouses can range from small cross-dock operations with minimal storage needs to massive, multi-functional distribution centers packed with extensive automation and material handling equipment (MHE).
Shippers that rely on imports have obviously been among the first to feel the financial strain as rising costs disrupt supplychains and profitability. Companies now must make strategic decisions regarding pricing, shipping, supplychains and overall logistics. The newly implemented 2025 U.S.
Are you making an action plan of all the things you could do better and faster with your supplychain planning software when the next global crisis hits? The disruption we’ve seen in supplychain planning as a result of the pandemic is unprecedented. How will the technology remove these barriers?
The global supplychain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global SupplyChain Pressure Index fell to the lowest level since November 2008. Over the past three years, supplychain cycles shifted.
Self-congratulations notes abounded this week as vendor-after-vendor shared their rankings on the Gartner Magic Quadrant for SupplyChain Planning. I believe that the Gartner Magic Quadrant is a barrier to progress in supplychain planning, and that vendors that rally in support have a false sense of superiority.
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. Enhance visibility across the supplychain through structured reports.
Consider this your business suddenly faces a major supplychain disruption. But the truth is, a fragile supplychain can make or break your companys success in today’s world. But the truth is, a fragile supplychain can make or break your companys success in today’s world.
What are Common SupplyChain Pain Points Distributors Can’t Ignore? Managing a distribution supplychain can feel like a constant battle. In this article, we’ll break down the most pressing challenges and discuss how distributors can overcome them with the right strategies and technology.
If your company’s supplychain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supplychain resiliency test. Supplychain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks.
These benefits aren’t just about lower prices; they’re also about reducing transportation and inventory costs, which can really add up over time. For example, marketing might need new office supplies, IT might need laptops, and the logistics team might require equipment.
The company’s success, along with the quality of its products and a good team, depends heavily on effective supplychain management. The tools used by the team often play a crucial role in achieving goals. In this context, MacBooks are increasingly becoming the backbone of supplychain teams.
Enterprise IT is on the cusp of a transformation the likes of which we havent seen since the transition to Software-as-a-Service (SaaS). In fact, Id argue this transition to what is increasingly being dubbed Service-as-Software has more profound implications for industries and workforces than anything thats come before.
Michael Jacobs, Senior Vice President SupplyChain, Ferguson. Mr. Jacobs is the senior vice president for supplychain at Ferguson. While nominally a distributor, “supplychain management is our core competency. In particular, Ferguson’s supplychain is built for speed and to provide high service levels.
It starts with your first form of Automation, Warehouse Management. As anyone who’s experienced change in supplychaintechnology over the past five-to-ten years can attest, we’ve come a long way, baby. Warehouse management software ( WMS ) is the foundation of a smooth-running supplychain operation.
Supplychain disruption is a fact of life for every company that moves any type of product. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. A resilient supplychain may be stretched to the max, but it doesn’t break. Trade disputes and tariffs.
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