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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.

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How Smart Contracts Are Impacting Supply Chains

Logistics Viewpoints

Even digital advancements, like Enterprise Resource Planning (ERP) systems, only partially solve these challenges because they still need centralized oversight and reconciliation. Smart contracts are software programs that self-execute and are stored on a blockchain. Smart contracts offer a new approach.

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AI in Supply Chain Automation: Procurement to Logistics

Logistics Viewpoints

From sourcing and bid evaluation to warehouse slotting and dynamic routing, AI tools support faster and more consistent outcomes by processing large volumes of operational data and identifying patterns that human decision-makers may overlook. These capabilities are now being integrated into mainstream TMS, WMS, and ERP platforms.

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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. In this article, we’ll explain what centralized purchasing is, the challenges it tackles, the benefits of centralized procurement, and the types of companies that can benefit most from it.

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Monetizing Analytics Features: Why Data Visualizations Will Never Be Enough

Think your customers will pay more for data visualizations in your application? Five years ago they may have. But today, dashboards and visualizations have become table stakes. Discover which features will differentiate your application and maximize the ROI of your embedded analytics. Brought to you by Logi Analytics.

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Mastering Disruption: A Smarter, More Connected Approach

Logistics Viewpoints

Most supply chain and logistics teams have recognized that the only way to combat todays incredible level of uncertainty is by adopting and applying digital tools. The pace and scope of supply chain disruption are beyond human cognition, manual analysis, and consumer-grade spreadsheet tools.

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Rethinking WMS: Why No-Code / Low-Code Solutions are Transforming Warehousing

Logistics Viewpoints

The average cost of a Warehouse Management System (WMS) install continues to rise each year, with implementations often reaching millions of dollars today. This is the best way to ensure you dont overbuy or underbuy a solution, avoiding unnecessary costs or missing critical functionality.