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Developing Agile Procurement Strategies: Thriving Amid Global Trade Disruptions

Logistics Viewpoints

Companies leaning heavily on global sourcing? Theyre feeling the heat most, as sudden trade policy curveballs throw procurement plans into chaos. Traditional procurement, with its long-term contracts and rigid supplier ties, just isnt cutting it anymore. What Is Agile Procurement? Agile procurement is your lifeline.

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AI in Supply Chain Automation: Procurement to Logistics

Logistics Viewpoints

The adoption of AI in supply chain automation is enabling companies to make more accurate decisions, reduce cycle times, and better manage complexity. AI in supply chain automation is gradually reshaping how core functions operate, particularly in procurement, warehousing, and logistics.

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Spare Parts to Profits: Strategic Inventory Mastery

ToolsGroup

In the competitive industrial landscape, efficient spare parts inventory management is crucial to maintaining seamless operations and driving profitability. In this sector, the ability to provide timely and reliable spare parts can make or break a company’s reputation.

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Amazon and the Shift to AI-Driven Supply Chain Planning

Logistics Viewpoints

Artificial intelligence (AI) is reshaping supply chain operations by enabling predictive planning, allowing companies to anticipate disruptions before they occur and adjust operations accordingly. Companies must react after the fact, often incurring higher costs and reduced service levels.

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Learn How to Transform Procurement with Team Procure Cloud

Learn how Team Procure is helping companies streamline their procurement by implementing a cloud-based procurement platform across their organization. One of the key features of the platform is the custom approval workflows, which are tailored to each department within an organization.

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Key Takeaways from SAP Spend Connect Live

Logistics Viewpoints

This is the largest area of investment for the company outside of ERP. While SAP has had procurement analytics solutions, last year at Spend Connect Live, SAP announced the Spend Control Tower. Daniel Chapman, the senior director of process transformation for procure to pay at Warner Music, was a keynote speaker.

SAP 298
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Direct Spend Management: A Checklist for Enabling Shared Value with Direct Suppliers

Logistics Viewpoints

They noted the fact that companies whose leaders had supply chain experience took a more proactive approach to addressing potential supply-chain challenges, and in leveraging the supply-chain function to generate new business opportunities. This means involving procurement in the highest levels of strategic planning and decision-making.