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Procurement vs. Supply Chain Management: Differences, Challenges & Solutions

ivalua

Procurement and supply chain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time.

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Benefits of AI in Supply Chain!

Supply Chain Game Changer

Subscribe How Artificial Intelligence Benefits Logistics and Supply Chain! Artificial Intelligence (AI) is transforming supply chain management, enabling companies to adapt more effectively to market demands, streamline operations, and enhance visibility across the entire supply chain.

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Things That Every Supply Chain Must Take Into Account!

Supply Chain Game Changer

Subscribe The Supply Chain Renaissance Has Begun! Efficient supply chain management is the key. Imagine being able to offer faster deliveries, reduce costs, and minimize errors. All of this is possible thanks to an optimized supply chain. But what happens if one of the parts of the chain fails?

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Healthcare: Shortages, Tariffs, and Tech

Supply Chain Brain

Yet the complex supply chains behind those therapies are increasingly vulnerable. A System Under Strain The fragility of the medication supply chain isn’t theoretical; it’s happening in real time. In a 2022 ASHP survey, 99.7% of pharmacists reported experiencing shortages of critical sterile injectables.

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The Leadership Retention Crisis in Fleet Operations, and Why It Matters to the Supply Chain

Supply Chain Brain

Without experienced managers in place, truck availability drops, repairs are delayed, and cost control becomes difficult. Still, it can be just as disruptive to supply chain performance. These individuals are key to maintaining operational efficiency, cost control, and compliance. Rising costs.

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Using AI Collaboration to Empower the Supply Chain Workforce

Supply Chain Brain

According to our 2024 report, Generative AI in the B2B Marketplace , 81% of B2B businesses are already investing in AI, with 79% anticipating increasing their AI budgets within the next year. What can supply chain leaders do to mitigate these risks? Yet these same companies have the same anxieties about investing.

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How AI Is Turning Inventory Data Into a Strategic Advantage

Supply Chain Brain

But that’s not just expensive; it’s slow, prone to error (working a full shift in inventory counting is mind-numbing), and unsustainable, during peak season, labor shortages or budget cuts. The emerging class of AI-native inventory robotics is finally breaking this cost/accuracy tradeoff.

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