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7 Tips: A Guide to Mastering Procurement

Material Handling and Logistics

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

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The Power of the Network: ERP vs. Spend Management

Logistics Viewpoints

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Business Spend Management Solutions are Networked .

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Why the CPO and CSCO are Smarter Together!

Logistics Viewpoints

At the same time, the Chief Purchasing Officer (CPO) has taken on a pivotal role by securing Personal Protective Equipment (PPE) to protect the workforce and direct materials when primary sources fail. As an example, the new administration in the U.S. This calls for a constant review and changes in supplier mix.

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Effective Supplier Collaboration Is Critical

Logistics Viewpoints

In one McKinsey survey of more than 100 large organizations in multiple sectors, companies that regularly collaborated with suppliers demonstrated higher growth, lower operating costs, and greater profitability than their industry peers. SCCN solutions provide supply chain visibility and analytics across an extended supply chain.

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Energy Transition in Supply Chain

Logistics Viewpoints

A recent ARC survey looked at reasons to address sustainability. This survey included over 400 respondents across a number of industries. For example, most people expect free next-day delivery for online purchases as a result of Amazon Prime. Consumer expectations are constantly shifting and challenging the industry.

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How manufacturers and distributors can address supply chain management challenges

SYSPRO Smarter ERP

SCM solutions provide oversight of materials and products, and their associated data, as they move through the supply chain from supplier to consumer. Several surveys have reported how SCM in recent years has moved from being a cost center to one responsible for offering superior customer experience and delivering competitive advantage.

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The State of Supply Chain Trends Part II: AI, Procurement, & the New Lean

GlobalTranz

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains. Procurement’s Role Did Become More Important.