Tue.Dec 26, 2023

article thumbnail

A Guide to Procure-to-Pay (P2P) Process

ProcurePort

In the dynamic landscape of modern business operations, the Procure-to-Pay (P2P) process stands as a linchpin, connecting the various facets of supply chain management into a seamless and efficient workflow. P2P encapsulates a series of meticulously orchestrated steps that begin with the identification of a need for goods or services and culminate in the completion […] The post A Guide to Procure-to-Pay (P2P) Process appeared first on ProcurePort Blog.

article thumbnail

Supply Chain’s Top Trends for 2024 Require Talent Investment for Success

SCMR (Supply Chain Management Review)

As we head into 2024, top 10 supply chain lists feature the usual suspects: technology, visibility, AI. But a focus on talent is needed to ensure the investments in these more high-profile areas provide value.

Supply 108
professionals

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Top 3 Tips to Stay Ahead of Forklift Accidents

Supply Chain Brain

It’s important to stay vigilant during the busy season to ensure operations continue running smoothly and employees stay safe on and around material handling equipment.

Import 111
article thumbnail

Robotic Sortation: What is it? Will It Work for me?

SCMR (Supply Chain Management Review)

Revolutionize your distribution center with an adaptable, cost-effective robotic sortation system. Download our white paper to learn more.

89
article thumbnail

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.

article thumbnail

Japanese Carmakers Investing $4.3B in Thailand Over Next Five Years

Supply Chain Brain

Toyota and Honda will each invest about $1.44 billion in the country, while Isuzu Motors and Mitsubishi will combine to invest the remaining $1.44 billion.

111
111
article thumbnail

Case Study: Retailer Saves Thousands in Demurrage Fees

SCMR (Supply Chain Management Review)

Quick and reliable drayage solution saves retailer thousands on demurrage fees. Download case study to learn how PITT OHIO stepped in to help.

81

More Trending

article thumbnail

Healthcare Business Today: Navigating the Cancer Drug Shortage

Arkestro

The White House recently announced actions to strengthen American supply chains, introducing a new Council on Supply Chain Resilience.

article thumbnail

Toyota Subsidiary Shuts Down Factories for Safety Test Investigation

Supply Chain Brain

The shutdown comes about a week after Daihatsu said it was suspending all vehicle shipments after it was found that the organization used improper testing for 64 vehicle models.

95
article thumbnail

Does the Dr. Epstein Post represent the long-awaited hope that we have finally moved away from equation-based modeling?

Procurement Insights

For anyone following this blog since its first post in May 2007, this will sound like a “broken record” – the key to successful digital transformation is to use an agent-based versus equation-based model. Here are excerpts from two recent posts: To better understand the use of generative AI in procurement, you must first understand agent-based modeling and strand commonality – Procurement Insights (Dec. 18th, 2023) “At the time, the government’s Scientific Res

article thumbnail

The Trends Defining Retail Planning this Holiday Season

Supply Chain Brain

The topic of the microchip shortage dominated media headlines and planning meetings for years. Now, another shortage is creating obstacles on the path to equilibrium in the supply chain: talent.

article thumbnail

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.

article thumbnail

Israel Giving Intel $3.2B Grant to Build New Chip Plant

Supply Chain Brain

Construction has already begun at the Fab 38 plant, which is due to open in 2028 and operate through 2035.

98