Can Procurement Departments Keep Up with AI’s Evolution?

As artificial intelligence (AI) capabilities mature, an increasing number of businesses are investing in AI initiatives and leveraging automation in their daily business operations. This once leading-edge technology is becoming more ubiquitous and is quickly becoming an imperative to long-term success. In fact, analysts project the global AI market to grow from $47.5 billion in…

Will Supply Chains Ever Go Autonomous?

Some of 2020’s challenges were keenly felt throughout supply chains, and many could result in lasting changes to workflows and processes. Reducing uncertainties while boosting efficiency and shrinking turnaround times requires a set of modern supply chain and logistics tools. That means leveraging automation. Recent events helped drive home the need for a more resilient…

5 Strategies for Cybersecurity in Supply Chain Management

Supply chain management has become an increasingly tech-centric process. Rapid digitization and widespread adoption of technologies like internet of things (IoT) devices have made logistics more efficient than ever but simultaneously introduced new risks. Consequently, supply chain cybersecurity should be at the forefront of your mind. The Identity Theft Resource Center (ITRC) reported a 42…

blockchain, recycling

How Analytics Is Transforming the Supply Chain This Year

Supply chains had an unusually challenging year in 2020, one that will likely result in considerable changes. After the Covid-19 pandemic caused massive disruptions around the globe, logistics companies are taking new steps to prevent similar situations in the future. Data analytics is taking center stage amid all this change. Experts predict that the world…

Navigating 6 Supply Chain ERP Challenges

Enterprise resource planning (ERP) tools help supply chain professionals overcome numerous obstacles. However, deciding to use an ERP for improvements brings challenges, too. 1. Choosing an ERP to match your order volume Maybe you’ve noticed an increase in recent orders. Getting more business seems like a good thing, and it’s generally a positive occurrence. However,…

WAN, supply chain

Using Your WAN and IoT to Optimize Supply Chain Management

Your organization runs a tight ship, building profit by taking advantage of operational efficiencies borne from technological innovations. Thanks to IoT and RFID, you now track products from the point of origin to the point of consumption. So how can you leverage your company’s WAN to optimize your supply chain management? Deploying efficient global supply…