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Negotiating With A Chatbot: A Walmart Procurement Case Study

Talking Logistics

Read more The post Negotiating With A Chatbot: A Walmart Procurement Case Study appeared first on Talking Logistics with Adrian Gonzalez. More than two-thirds of the respondents (68%) said they weren’t using AI and.

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New Study Shows Global Trade Compliance Is Not Slowing Down Any Time Soon

Logistics Viewpoints

Global Trade Compliance Is Not Showing Signs of Slowing Down Any Time Soon The Global Trade Compliance market is experiencing steady growth and is expected to continue this trend over the next five years. Businesses will need to ensure accurate data reporting across core operations such as sourcing, procurement, and transactions.

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Amazon and the Shift to AI-Driven Supply Chain Planning

Logistics Viewpoints

Organizations examine past sales trends, apply seasonal adjustments, and make forecasts based on historical models. A 2023 McKinsey study found that companies relying on reactive supply chain management lose up to 10% of annual revenue due to inefficiencies and missed opportunities.

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7 Tips: A Guide to Mastering Procurement

Material Handling and Logistics

It’s not news to anyone that digitization is a roaring trend and I’m here to say: embrace it. 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.

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Essential Strategies for Alignment of Sustainable Procurement

SIPMM Professional Publications

Today, companies are increasingly recognizing the importance of sustainable procurement. According to a global study, 2017 Sustainable Procurement Barometer, conducted by EcoVadis and HEC, 97% of the surveyed supply chain professionals from a total of 120 companies regard sustainable procurement as highly important.

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[INFOGRAPHIC] Expert Reveals 7 Supply Chain Trends to Watch

GlobalTranz

Many studies state that those who can manage the functions with the supply chain, they have a competitive advantage. Look at these 7 supply chain trends as a guide to better your supply chain today. INFOGRAPHIC] 7 Supply Chain Trends as Laid out by Supply Chain Expert. 2) Connected supply chains. 3) Risk Management.

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Unlocking Logistics Profits with Matt McKinney

The Logistics of Logistics

Having studied engineering at USC and Stanford, Matt is no stranger to complex data problems. Data analytics and reporting: Loop provides businesses with actionable insights into their supply chain performance, helping them identify trends and make data-driven decisions.