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.
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.
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.
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.
Tealbook founder Stephany LaPierre explains why a ‘data brain’ is needed to collect and analyze the necessary data for efficient procurement operations.
Wednesday, June 12, 2024 · Bishwajit Kumar and Pablo Barros Gomez
Implementing a procurement control tower provides advanced insights to the sponsor company, bringing end-to-end visibility, enhanced exception management, improved decision-making, improved risk management, cost savings, and more, an MIT CTL capstone research project found.
Bringing production and sourcing back to the United States or to a country in close proximity have always been goals for companies that want to gain better control over their supply chains. But for procurement leaders, it adds complexity.
While strategic intent to rewire global value chains is there, many manufacturers are falling short, focusing on incremental change that will not be enough to remain competitive, a new report says.
Tuesday, June 4, 2024 · Etosha Thurman and Stephanie LeRoy
By implementing digital solutions, Cirque du Soleil has embraced a more agile and efficient approach to procurement, positioning itself for a bright future with long-term growth.
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