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New Study Shows Global Trade Compliance Is Not Slowing Down Any Time Soon

Logistics Viewpoints

I have recently completed the latest ARC Advisory Market Analysis on Global Trade Compliance, available here. It adopts the International Labor Organizations definition of forced labor and mandates the European Commission to release compliance guidelines by June 2026. Consequently, demand for robust GTC solutions will continue to rise.

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Logistics Procurement Strategy Insights & Tips

Logistics Bureau

For those procurement or Supply Chain executives in suitable organizations, there is an increasing number of uncertainties to manage, especially in today’s tough economic environment. Procurement consultants like ourselves are required to be highly creative and innovative to resolve the business issues across a broader management disciplines.

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How AI and Machine Learning Changed Procurement Management

CLX Logistics

Procurement management stands at the crossroads of technological innovation and strategic decision-making. As organizations strive to enhance operational efficiency, mitigate risks, and capitalize on emerging opportunities, the role of Artificial Intelligence (AI) and Machine Learning (ML) in procurement has become increasingly prominent.

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Top Takeaways from Coupa Inspire

Logistics Viewpoints

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. I saw how their platform unified finance and procurement activities, but not supply chain. Coupa meets this definition. The use cases just keep expanding.

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[INFOGRAPHIC] Interesting Facts & Financial Breakdown of the Global Logistics Market

GlobalTranz

Editor’s Note: Almost 14 months ago we wrote one of our most popular posts entitled, “ The History of Supply Chain and Logistics Management ” contained a bit of history, definitions, and a great infographic visually going through the history of supply chain and logistics management. What is a Logistics Framework?

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Companies Improve their Supply Chains with Artificial Intelligence

Logistics Viewpoints

Let’s start with a definition: any device that can perceive its environment and takes actions that maximize its chance of success at some goal is engaged in some form of artificial intelligence (AI). It is also worth pointing out, that based on this definition, not all forms of machine learning are particularly complicated.

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What is Purchasing in Logistics?

Logistics Bureau

And how is it different from procurement? The purchasing transaction is then one part of an overall process that we call procurement, which is integral to fulfilling a companys business model. Why do people get confused between purchasing and procurement? Are purchasing and procurement the same things in supply chain management?