Supply Chain 3.0: The power of connected data

According to J.P. Morgan Payments Innovation team, in the supply chain:

• 80% of invoices are manually keyed into the finance system today
• 50 days are needed to clear a payment…while most have N25 terms
• 12% of employees are involved in AR and AP processes

In one of the world's largest industries, that’s a lot of capital locked up in physical documents, disconnected systems, and people.

It’s time to evolve to Supply Chain 3.0, powered by logistics-AI, and finally

1. Eliminate overpayments
2. Improve spend visibility
3. Boost internal efficiency and collaboration
4. Improve carrier relations
5. Enable full network optimization

Hear first hand how shippers and logistics service providers have boosted productivity by 50% and identified 6% in transportation spend savings from transforming to Supply Chain 3.0.

Sponsored by:

Moderator: Brian Straight, Editor in Chief, Supply Chain Management Review
Recording Date: July 18, 2024
Panelists: Matt McKinney, CEO and co-founder, Loop

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