Wed.Jun 19, 2024

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Three Ways That Prescriptive Analytics Boosts Supply Chain Resilience

Supply Chain Brain

S upply chain leaders today can not only analyze the past and present to determine the likelihood of outcomes, but can also look to the future to manage them — a practice known as prescriptive analytics.

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The ‘Art of Science and Innovation’ — ESOMAR event key takeaways

Spend Matters

Earlier this week, 16-18 June, ESOMAR hosted its conference, The Art of Science and Innovation , in Chicago, Illinois. ESOMAR is a non-profit membership organization that explores key insights, analytics and research topics. The key themes of the conference were ongoing innovations such as AI and actionable analytics. The conference highlights were the presentations from various researchers, academics and other organizations on the latest developments in (generative) AI, as well as different mar

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Trending Sources

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Watch: How Do You Get Started on Your Supply Chain Risk-Management Journey?

Supply Chain Brain

When vetting potential suppliers and customers, it's vital to assess their risk-management profiles and strategies, says Danny Thompson, chief product officer at apexanalytix.

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Episode 170: Understanding Data and Risk in Decision Making with Blake Tablak

Una

EPISODE 170 Understanding Data and Risk in Decision Making with Blake Tablak By Kelly Barner | June 19, 2024 The volume of data available at our fingertips can sometimes create the illusion that any information is accessible, that decision making is improved, and that failure is avoidable. Once we get past that illusion and accept the reality of even data-driven decision making, we can finally be on the road to success.

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.

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Driver Safety Among Top Concerns for Trucking Fleet Managers in 2024

Supply Chain Brain

Nearly 60% of fleet managers said that their chief concern is related to drivers knowing how to safely and correctly operate their vehicles.

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Supply Chain Leader Casey Hyde Talks Slaying Imposter Syndrome

Let's Talk Supply Chain

Summer is here and we’re already cooking with fresh global supply chain disruptions. While wars and escalating political tensions are shaking up alliances and logistics, organizations are struggling to keep up with new sustainability requirements. The Supply Chain Act driving sustainability and putting environmental conservation first for European businesses is presenting new challenges for businesses looking to find compatible logistics and sourcing partners.

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The Evolving Role of Strategic Leadership in Procurement – Part 2: What are COOs and supply chain managers up to and how can procurement add value?

Jaggaer

The post The Evolving Role of Strategic Leadership in Procurement – Part 2: What are COOs and supply chain managers up to and how can procurement add value? appeared first on JAGGAER.

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A Comprehensive Health Check for Ensuring S&OP Wellness

Supply Chain Brain

Sales and operations planning is a living, breathing process that naturally evolves over time. Still, it’s important to maintain the application’s core tenets that apply to every organization.

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Finale Inventory Support Options

Finale Inventory

Finale Inventory is a comprehensive inventory management system designed to streamline and optimize your e-commerce operations. As a user of Finale Inventory, you have access to a range of support options to ensure a seamless experience and maximize the benefits of this powerful platform. In this article, we will explore the various types of support available, how to access them, and how to make the most of these resources.

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Technology Round-Up — June 19, 2024

CPO Rising

CPO Rising’s Technology Round-Up series continues this week with fresh supply management technology news and updates covering a few recent major announcements. If you are a sourcing, procurement, or spend management solution provider and you are continually innovating the way that procurement and supply chain leaders and practitioners drive value, we’d love to hear from you.

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

As early as next year, procurement and supply chain operations will begin to adopt AI agents, often called “agentic AI,” to work alongside employees to make and execute decisions with precision across procurement and even the most complex global supply chains. Unlike LLM-based generative AI tools such as ChatGPT, these AI agents do not require prompts from humans.

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More tech talk: Why consultants and analysts should stop trying to eat the whole buffet all at once.

Procurement Insights

EDITOR’S NOTE: Here is the link to a post by Sarah Scudder and Dr. Elouise Epstein. The following is a copy of my comment. I invite you to join this great discussion to share your thoughts. Remember, dialogue is not about gaining consensus but creating a deeper understanding of an important topic. Joël Collin-Demers Source to Pay, AI, ERP, and SaaS, through each technology “iteration,” one constant has remained over the past several decades—80% of all initiatives fail to delive