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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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Is Your Supply Chain Recession Proof? A Guide for Building a Resilient Supply Chain

SCMDOJO

Supply chains are particularly vulnerable during recessions. Economic downturns can disrupt the flow of goods, increase operational costs, and reduce profit margins. Consequently, it is imperative to develop a recession-proof supply chain to make them more resilient and adaptable.

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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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How Supply Chain Innovation Propels Startups to Unicorn Status!

Supply Chain Game Changer

While flashy consumer-facing products like social apps garner much attention, innovation in less glamorous areas like supply chain management is equally responsible for propelling startups to unicorn status. Leveraging emerging technologies gives startups supply chain advantages that legacy players cannot match.

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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.