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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.”

SAP 292
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Advanced Supply Chain Planning with Probabilistic Forecasting

ToolsGroup

In the fast-paced world of modern supply chains, traditional forecasting methods fall short. Advanced supply chain planning is being transformed by probabilistic forecasting , which revolutionizes demand forecasting, supply planning, and inventory optimization.

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Probabilistic Forecasting: The Future of Supply Chain Planning

ToolsGroup

In the fast-paced world of modern supply chains, traditional forecasting methods fall short. Probabilistic forecasting is revolutionizing demand forecasting, supply planning, and inventory optimization by significantly improving forecast accuracy and decision-making across distribution networks.

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Autonomous Business Planning Is Not Only Possible, It Has Already Been Achieved

Logistics Viewpoints

Solvoyo has a metric they call the user acceptance rate. This metric measures the percentage of time the planners accept replenishment, transportation, or inventory plans as they are without any change in the timing of the delivery or the quantity to be delivered. We are a platform. Forecasting is not an actionable item.”

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AI in procurement: Applications, Challenges, and Mitigation Strategies

Precoro

Traditionally, procurement has been a process weighed down by manual tasks, fragmented systems, and endless paperwork. Today, procurement is undergoing a transformation. While procurement teams have long worked to add strategic value, Artificial Intelligence (AI) amplifies their impact.

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Centralized Purchasing System – Key Benefits and Effective Strategies

Precoro

For most CPOs and CFOs, deciding on the right purchasing setup — centralized or decentralized — is no small task. Each model has its perks, and choosing the best fit can feel like walking a tightrope. Keep reading to learn: What is centralized purchasing? What is centralized purchasing?

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The Importance of Energy Transition and Sustainability in the Logistics and Supply Chain Industry

Logistics Viewpoints

Renewable Energy for Facilities: Warehouses and distribution centers can integrate solar panels and wind turbines to lower energy costs and carbon footprints. Retrofitting existing infrastructure with energy-efficient technologies further enhances sustainability efforts. Advanced route optimization tools further support these goals.