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Supplier Onboarding is Core to a Digital Supply Chain Transformation

Logistics Viewpoints

MESN is a solution built on a many-to-many architecture that supports a community of trading partners. The most common form of trading partner collaboration is purchase order collaboration. With PO collaboration, buyers send digital purchase orders over the network to suppliers or other trading partners.

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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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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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Main Considerations for Sustainable Procurement

SIPMM Professional Publications

From this point of view, a new competitive tool called sustainability emerged. The post Main Considerations for Sustainable Procurement appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management.

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The Parade Story with Anthony Sutardja

The Logistics of Logistics

As CEO & co-founder of Parade, Anthony leads product vision and strategy to enable logistics service providers to work smarter and faster with modern tools. Parade integrates with existing tools to source capacity, match freight, and manage relationships. Build or Buy: Should you purchase your software or build your own.

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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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Direct Spend Management: A Checklist for Enabling Shared Value with Direct Suppliers

Logistics Viewpoints

Adopt a Holistic Direct Spend strategy Move beyond isolated tactics and adopt a holistic, approach to direct spend that integrates sourcing, contract management, procurement and invoicing. This means involving procurement in the highest levels of strategic planning and decision-making.