LevaData Introduces Cognitive Sourcing for New Product Introduction Teams

SAN JOSE, Calif.  —  LevaData, the company that delivers applied AI to transform strategic sourcing and procurement, announced the launch of LevaData NPI (New Product Introduction), a solution extension of the LevaData Cognitive Sourcing Platform. Designed and built for enterprise manufacturing companies, LevaData NPI offers industry-first supply chain insights and actionable guidance to product planning,…

Oracle Helps Organizations Improve Productivity Across Global Supply Chains

Redwood Shores, Calif., —   To help organizations design and operate efficient and agile supply chains, Oracle announced a series of logistics management updates to Oracle Supply Chain Management (SCM) Cloud. The updates include a new logistics network modeling product and enhanced transportation management and global trade management capabilities. The latest innovations help customers drive better business…

Falcon Edge Capital and Tiger Global Management Bet Big on AI-Backed Supply Chain Optimization Company Locus Locus Raises $22 Million in Series B Funding

NEW YORK–(BUSINESS WIRE)–Locus (https://www.locus.sh/), a global AI-backed supply chain optimization company, has secured $22 Million in (Series B) funding by Falcon Edge Capital and Tiger Global Management. Previous investors Exfinity Venture Partners and Blume Ventures also took part in this round. After demonstrating successful customer rollouts across sectors in India, the company began expanding to…

Managing Global Risk as Trade Policies Fluctuate: SRM Solutions Explained

Imagine having a customer relationship management (CRM) application to streamline and record high-frequency and complex interactions with your suppliers and have all that communication connected to appropriate supplier quotations and agreements throughout your business. This is exactly what enterprise resource planning (ERP) with an embedded supplier relationship management (SRM) solution can deliver. Image by Gino…

Oracle Enhances Cloud SCM Suite with Collaboration & AI Intelligence

Today, at the Oracle Modern Business Experience, Oracle announced updates to its Oracle Supply Chain Management (SCM) Cloud, Oracle Enterprise Resource Planning (ERP) Cloud, and Oracle Enterprise Performance Management (EPM) Cloud products. These changes were part of a broader update that also included Oracle Human Capital Management (HCM) Cloud and  Oracle DataFox. Enriched supplier profiles with the DataFox…

Rapidly Evolving Supply Chain Risk Profile Demands Technology

Supply chain executives have always had to factor in the impacts of geography and logistics, weather conditions, governments and regulation on their bottom-line marginal returns. In today’s landscape of economic uncertainty, cross-functional teams of supply chain, procurement, and finance will need to weigh these dynamics when evaluating current and future sourcing scenarios. In these choppy…

10 Big Supply Chain Shifts for 2019

The electronics supply chain, for the past year, has been marked by component shortages, lead-time extensions and tariff uncertainties. Nevertheless, it’s been a good year for component manufacturers and distributors—many of which have reported record quarterly sales during 2018. In 2019, IDC projects, the supply chain writ large is poised to transition from a cost…

Unwrap the Perfect Supply Chain Gift

The holiday season is fast approaching, bringing with it a new wave of demands that has businesses scrambling to get a slice of the holiday-spending pie. Disruptive technologies, increasing trade regulations, and the breakneck speed of customer demand are pushing companies to rethink their processes and technology for the holidays and beyond. Image courtesy: Pixabay…