article thumbnail

Supplier Onboarding is Core to a Digital Supply Chain Transformation

Logistics Viewpoints

When you talk to companies that have implemented enterprise or supply chain applications, executives will usually admit that they have under-invested in training and preparing users to use the new technology. MESN is a solution built on a many-to-many architecture that supports a community of trading partners. Training is critical.

article thumbnail

Strategic Sourcing + Smart Solutions: The Unbeatable Duo for Procurement Success

SCMDOJO

Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Think of them as apples and gearseach essential and effective on its own, yet when combined; they create a formidable mechanism for achieving procurement excellence. Click here!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

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

Logistics Viewpoints

Investment in research and partnerships is crucial for scaling these solutions industry-wide. Advanced route optimization tools further support these goals. Explore power purchase agreements (PPAs) to secure reliable access to clean energy. Implement technologies incrementally to manage costs and training needs.

article thumbnail

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.

article thumbnail

10 Inventory Management Software Features for Modern Businesses

RFgen

Choosing the right inventory management software , often referred to as an inventory control system, can be the difference between a well-oiled, profit-generating operation and one plagued by costly mistakes and inefficiencies. Modern inventory management solutions have evolved far beyond basic stock counting.

article thumbnail

NRF 2025: Transforming Retail Through AI, Data, and Customer-Centric Innovation

ToolsGroup

Setting the Stage The National Retail Federation’s 2025 conference has unveiled a clear vision of retail’s future, where artificial intelligence, integrated planning solutions, and customer-centric approaches are reshaping the industry landscape.