Remove 2028 Remove Sourcing Remove Suppliers Remove supply chain software solutions
article thumbnail

Smart warehousing solutions and what they could mean for your business

Strategic Sourceror

As suppliers increasingly look for ways to overcome operational challenges in their warehouses, some are beginning to leverage smart warehouse technology like automation and artificial intelligence to improve the productivity of their warehouse associates and enhance their processing efficiencies. Brought to you by the StrategicSourceror.

article thumbnail

Technology Trends in Procurement

Una

According to Verified Market Research , the global procurement software market will grow from $5.5 billion by 2028 at a CAGR of 7.6%. AI is also getting better at reading unstructured documents including supplier contracts, with one study revealing that AI read a contract in 26 seconds while human lawyers took 92 minutes.

article thumbnail

2020 Challenges and Solutions for HVAC Distributors

EazyStock

The HVAC industry is already highly competitive and is predicted to grow 13% through 2028. To meet this demand, suppliers and distributors need to prepare months in advance – even years in advance, in the case of units and devices to meet future regulations. Managing a vast number of SKUs across the entire supply chain is no mean feat.