From sourcing and supplier management to price negotiation and compliance, procurement leaders are waking up to the power of AI-powered spend management in their daily operations.
Boeing faced unknown spending, but a pilot program using Fairmarkit’s artificial intelligence platform helped bring its procurement spending into the light.
Friday, July 26, 2024 · Brian Straight
Walmart’s Karisa Sprague will accept the NextGen Supply Chain Visionary Award at the upcoming NextGen Supply Chain conference in October.
Friday, July 26, 2024 · Seth Catalli
From sourcing and supplier management to price negotiation and compliance, procurement leaders are waking up to the power of AI-powered spend management in their daily operations.
Wednesday, July 24, 2024 · Brian Straight
Boeing faced unknown spending, but a pilot program using Fairmarkit’s artificial intelligence platform helped bring its procurement spending into the light.
Thursday, July 18, 2024 · James Payne and Henrietta Hunter
Procurement teams the world over face unprecedented volatility from geopolitical conflict, climate crisis and more. To ride the headwinds, a shift towards a smarter, sustainable approach to supply chains is needed. Forum for the Future’s Global Head – Purpose of Business…
Thursday, July 11, 2024 · Ivan Hernandez, managing director, Mexico, QIMA
By diversifying sourcing destinations, businesses can enhance supply chain resilience and efficacy, navigate geopolitical unease and maintain seamless trade relationships amidst an increasingly complex and uncertain landscape.
Friday, July 5, 2024 · Marisa Brown, senior principal research lead, supply chain, APQC
Manufacturing remains a critical area of investment for many business leaders. In APQC’s 2024 Supply Chain Priorities and Challenges research, 72% of organizations named manufacturing as a priority for the year with regard to investing resources, innovation, and hiring.
Friday, July 5, 2024 · Suketu Gandhi, Rupal Deshmukh, Gillis Jonk, and Sachin Narang
The sense of resolve out there seems at first counterintuitive, given the holding pattern of weak demand and continued uncertainty, even after COVID. Inflation, China de-risking, the brutality of Ukraine and Gaza, attacks on Suez shipping, Panama Canal drought, hacked data and…
Friday, July 5, 2024 · Brian Straight
Artificial intelligence is everywhere these days. But what if it isn’t? I would guess that at least 50%, and probably closer to 70%, of the article pitches I receive these days involve AI. Most conversations I’ve had at conferences this year have at least touched on AI and…
Friday, July 5, 2024 · Brian Straight
As more companies turn to AI to manage and analyze their data, the concept of clean data sometimes gets pushed to the side.
Wednesday, July 3, 2024 · Romain Lucas and Pik Yien Lai
While most businesses assume higher procurement supplier spend equals to higher risk, an MIT CTL research study found that is not always the case.
Tuesday, July 2, 2024 · Marianna Vydrevich
Chatbots are the choice many make when implementing large language models, but for supply chains, there are better alternatives that provide more immediate value.
Monday, July 1, 2024 · Matthew Buckingham, vice president of business development & alliances, Focal Point
With modern procurement software, API-enabled data flows, and AI-guided processes, procurement teams get to focus on what they do best: setting strategy, managing projects, and identifying spending optimization opportunities.
Tuesday, June 25, 2024 · Brian Straight
Amy Rardin has proven successful at finding innovative solutions that lead to supply chain wins at Procter & Gamble. She will share some of that knowledge with the NextGen Supply Chain Conference audience in her keynote address.
Monday, June 24, 2024 · Brian Straight
Retail sales continue to grow, albeit at slower rates, and as a result, brands are taking advantage of excess cargo capacity in bringing in merchandise earlier than normal.
Monday, June 24, 2024 · Jonathan Colehower
Supply chain crunches occur precisely because they are unpredictable and expose vulnerabilities that had not previously been considered. But, it’s never a bad idea to be prepared.
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