Gartner has identified Agentic reasoning, multimodality and AI agents as three AI advancements that will shape the future procurement, and the steps organizations should take to benefit from these advancements.
A Bain & Company survey found that just 36% of companies are continuing investment in offshore manufacturing as nearshoring, reshoring efforts accelerate.
A recent Accenture survey finds that while the integration of artificial intelligence in supply chain is increasing, more executives have concerns as the tech quickly infiltrates systems.
Procurement professionals are still concerned about disruptions, with 42% citing things like disasters and transportation issues among their top worries in a recent Gartner survey.
A survey of transportation leaders by Deloitte finds the majority expect Gen AI to transform the industry, but the majority see a three-year timeframe for most impacts.
Empowering the next generation of supply chain leaders begins with mentorship. Programs like TrailblazeHers 24:24 from the Digital Supply Chain Institute ensure that wisdom is shared, lessons are learned, and a legacy of leadership is built.
Thursday, December 5, 2024 · Joydeb Mandal & Irshadullah Asim Mohammed
Scope 3 emissions, originating from a company’s supply chain and product lifecycle, often represent the largest portion of a company’s overall carbon footprint, meaning continuous improvement in the management of Scope 3 emissions is essential for companies to meet…
The November Services PMI, at 52.1 (a reading of 50 or higher signals growth), was down 3.9% compared to October, growing, at a slower rate, for the fifth consecutive month.
The report’s benchmark reading, the PMI, at 48.4 (a reading of 50 or higher indicates growth), increased 1.9% over November’s 46.5, its lowest number in 2024, with the PMI contracting for the eighth consecutive month and the 24th time in the last 25 months, since…
As I looked back at all the articles that we’ve published on the pages of Supply Chain Management Review this year, I came to a realization that had not hit me month-to-month, issue-by-issue. The articles and regular columns provide useful information and insights when I…
Monday, December 2, 2024 · Marianna Vydrevich and Nari Viswanathan
Accurate modeling of a company’s supply chain network provides insights into optimal production, storage locations, and raw materials supply network strategy. The modeling process can last from one day to several months, and the supply network design team might run hundreds…
Monday, December 2, 2024 · Shardul S. Phadnis and Paul J.H. Schoemaker
Add vigilance to supply chain management with visibility. Real-time visibility of inventory, capacity, supply, and demand conditions is central to agile supply chain operations in dynamic environments.
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