Artificial Intelligence

AI-driven sourcing: Why the speed of change is going to only accelerate

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.

Boeing turned to Fairmarkit, AI to help land its tail spend

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.

Whirlpool’s Jennifer Springer to deliver keynote at NextGen Supply Chain Conference

Monday, July 8, 2024 · SCMR Staff
Whirlpool’s Jennifer Springer, sr. dir. of customer fulfillment, is the latest top executive to be announced as a keynote speaker at the upcoming NextGen Supply Chain conference.

AI update: Decision-maker or decision-supporter?

Friday, July 5, 2024 · Larry Lapide
Almost four and a half years ago, I wrote my first Insights column on artificial intelligence (AI) titled: “Rely on AI to make decisions? Yes, but warily” [March/April 2020]. I had planned to do an annual update, however, the COVID-19 pandemic came along—consuming much…

AI liftoff delayed?

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…

Chatbot is not the answer: Practical LLM use cases in supply chain

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.

Procurement data to decisions: Actually acting on ‘actionable’ insights

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.

Decision Intelligence and Causal AI are transforming the future of manufacturing

Wednesday, June 26, 2024 · Travis Wolf and Carl B. March
Decision Intelligence and Causal AI are underpinning a shift in the manufacturing industry, rapidly painting the future canvas of modern manufacturing.

NextGen Supply Chain Conference announces Johnson & Johnson’s Luis Roman as keynote speaker

Friday, June 21, 2024 · SCMR Staff
Johnson & Johnson’s Luis Roman will incorporate his supply chain expertise in his keynote address at the upcoming NextGen Supply Chain conference.

Enhancing operational intelligence in supply chain management through AI/ML

Friday, June 21, 2024 · Hardik Chawla
Integrating AI and ML, particularly generative AI and LLMs, into supply chain operations is no longer a choice but a necessity for businesses to remain competitive in the future.

Building the ‘Procurement Intelligence Team’

Thursday, June 20, 2024 · Brian Straight
Tealbook founder Stephany LaPierre explains why a ‘data brain’ is needed to collect and analyze the necessary data for efficient procurement operations.

Did your AI project fail because of the wrong AI?

Monday, June 17, 2024 · Norman Katz
AI is a piece of software that is not just one thing: it is a technology tool to do a job. Selecting the right software, and at the right point of the business process, is the key to getting software projects done and done correctly.

Dell is creating an inclusive workforce thanks to LISA

Friday, June 14, 2024 · Brian Straight
Using AI, Dell has created a tool that allows deaf or hard-of-hearing employees to engage with company services without the need for a sign language interpreter.

Is AI ready for takeoff? Analysis finds only 11% of firms have gone beyond pilots

Thursday, June 6, 2024 · Brian Straight
While AI talk is dominating boardrooms, an analysis by Zero100 found that only 11% of companies have moved past the pilot stage with artificial intelligence projects.

Value chains need rewiring. Are manufacturers up to the task?

Wednesday, June 5, 2024 · Brian Straight
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.
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