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AI in Supply Chain Automation: Procurement to Logistics

Logistics Viewpoints

From sourcing and bid evaluation to warehouse slotting and dynamic routing, AI tools support faster and more consistent outcomes by processing large volumes of operational data and identifying patterns that human decision-makers may overlook. These capabilities are now being integrated into mainstream TMS, WMS, and ERP platforms.

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Key Takeaways from SAP Spend Connect Live

Logistics Viewpoints

Their copilot-style solution is known as Joule. SAP is embedding its generative Joule across the SAP Ariba source-to-pay solution portfolio to make it easier for their customers to manage routine inquiries, such as status updates, summarization, and frequently asked questions. It is a brilliant tool.”

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Boston University’s Sourcing Transformation

Logistics Viewpoints

In 2017, a strategy consultant was hired to do a top-to-bottom assessment of the Boston University procurement program. Randall Moore was hired as the new chief procurement officer in May. Facilities sourcing and construction contracting were centralized in the procurement department. This is not a purchase made very often. “I

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How Smart Contracts Are Impacting Supply Chains

Logistics Viewpoints

Smart contracts are software programs that self-execute and are stored on a blockchain. Suppliers of smart contract development tools: Ethereum Foundation, Polkadot, Hyperledger, OpenZeppelin, Chainlink How Smart Contracts Automate Supply Chains 1. Suppliers of blockchain logistics solutions: VeChain, IOTA, Helium, IBM TradeLens 3.

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How manufacturers and distributors can streamline their document distribution process

SYSPRO Smarter ERP

People have been talking about the ‘paperless office’ for decades, but many manufacturers and distributors still have staff members manually printing, posting, faxing, emailing and managing documents that go out to customers. Printing, posting and storing paper documents all cost money. Here’s how: Additional person hours.

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How manufacturers can use ERP to improve the procurement process

SYSPRO Smarter ERP

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.

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Eight Essential Documents That Are Key to Shipping

MTS Logistics

On the other hand, you also need to know and understand the rules and regulations of exporting and importing, and crucially, you need the proper shipping documents. However, most documentation is still handled manually in some countries. Pro Forma Invoice. Packing List. Bill of Lading (BOL). Certificate of Origin.