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Basware Adds Diversity Data to Supplier Management Solution

Supply Chain Brain

Basware, a procure-to-pay and e-invoicing solution, has added diversity data to its Supplier Management solution, allowing customers to identify minority-owned and small business suppliers within their base.

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ESG-Driven Supply Chains: Moving Beyond Compliance Toward Proactive Sustainability

Logistics Viewpoints

Visibility typically decreases beyond immediate (Tier 1) suppliers. Deeper tiers of the supply chain, where critical environmental and social risks often exist, are harder to monitor and manage. Data collection and verification remain areas of concern. Cost pressures can complicate ESG efforts.

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AI in Supply Chain Automation: Procurement to Logistics

Logistics Viewpoints

The adoption of AI in supply chain automation is enabling companies to make more accurate decisions, reduce cycle times, and better manage complexity. AI in Procurement: Enhancing Sourcing and Supplier Management Procurement has traditionally relied on human expertise, manual comparison of supplier options, and analysis of past performance.

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Big Data Analytics: A Key to a Successful Supply Chain in the Next 5 Years?

GlobalTranz

Big data utilization is the wave of the future for all aspects of business including supply chain management. The problem is that not every company has the resources to begin the process of big data management and have yet to see the extent of benefits it can provide to analyze and use such data management.

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Key Takeaways from SAP Spend Connect Live

Logistics Viewpoints

SCCN solutions allow trading partners to collaborate across defined trading partner processes based on a common data model. They also cover supplier managed inventory, quality collaboration, manufacturing line collaboration, and asset collaboration. SAP’s Business Network is a supply chain collaboration network.

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Big data and inventory management

EazyStock

What is big data? All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. The key for inventory management teams is to know what to do with it! Processing big data.

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Supply Chain Mastery: Innovative Strategies for Importers

MTS Logistics

By collaborating closely with their suppliers, importers can plan orders together, anticipate potential disruptions, and proactively manage inventory. Leveraging the power of data, importers can make informed decisions about their supply chain and achieve better results. Managing a supply chain can be a daunting task, but U.S.