Remove Procurement Analytics Remove Trends Remove Webinar
article thumbnail

The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend

Logistics Viewpoints

It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. From natural disasters to geopolitical tensions and the ongoing COVID-19 pandemic, supply chains have been significantly impacted.

article thumbnail

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

GlobalTranz

However, as the importance of big data analytics is realized companies are beginning to realize that it is not only worth the investment but vital toward remaining competitive. There are several direct and indirect benefits to using big data analytics for your supply chain. Immediate Benefits of Big Data Analytics.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top 5 Trends to Know to Compete with Amazon’s Supply Chain

GlobalTranz

Aside from the new administration, Amazon’s supply chain continued push deeper into new and existing markets will define additional trends in the supply chain throughout the coming year. Fortunately, these five trends may alleviate some of the strains of competition by giving supply chain partners an advantage in the global market.

article thumbnail

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. The State of Supply Chain 2016 Trends. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains.

article thumbnail

How VR, 3D Printing & Predictive Analytics in the IOT are Currently Powering the Manufacturing Industry

GlobalTranz

So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up. Predictive Analytics Became Commonplace to Manufacturing. Yet, 3D printing is not simply for repairs.

article thumbnail

[INFOGRAPHIC] Procurement Trends: Carving a Bigger Role in Supply Chain & Manufacturing

GlobalTranz

As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work. Why Is Technology Driving Procurement Trends and the Role of Procurement?

article thumbnail

What Are the Trends in Last Mile Logistics?

GlobalTranz

To gain a competitive advantage in last mile logistics, shippers need to understand the top seven trends in last mile logistics. Unfortunately, the tech landscape is riddled with cases of supply chain disruptors failing, but the trend is clear and shows little indication of regression. trillion by 2018 as well.

Trends 81