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5 tips to minimize retail shrinkage

Strategic Sourceror

You may want to consider placing more heavy-duty RFID tags on merchandise. Not only are they difficult to remove, but these tags have sensors that are identifiable for security systems to detect should a shoplifter attempt to steal an item that has one attached. Brought to you by the StrategicSourceror.

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Top 5 common procurement myths about AI

Zycus Cognitive Procurement

Common procurement myths about the use of AI in procurement are widespread today in the age of AI and automation. According to a Hackett group report, 46% of procurement leaders plan major investments in AI to improve their procurement processes.

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Asset lifecycle management strategy: What’s the best approach for your business?

IBM Supply Chain Blog

Procurement and installation: The next stage of the asset lifecycle concerns the purchase, transportation and installation of the asset. Radio frequency identifier tags (RFID): RFID tags broadcast information about the asset they’re attached to using radio-frequency signals and Bluetooth technology.

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“Is ChatGPT to writers what steroids are to athletes?”?

Procurement Insights

When I started my blog in May 2007, my tagline was, and still is, “Delivering Understanding Beyond Insights.” And while I may not be Tony Robbins famous, or a Sam Browne or Richard van der Blom , I have managed to build a WordPress blog with more than 14,000 followers that I would like to think is still relevant after 16 years.

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7 Trending Business Practices Disrupting Procurement!

Supply Chain Game Changer

7 KPIs Your Procurement Team May Be Ignoring! Procurement is a business function that has undergone a lot of change in the last few years. As a believer in the power of procurement, this recognition makes me happy. But, we can’t begin our journey towards the future of procurement excellence in a ’93 Escort. Email Address.

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Summit ’21 – Five Key Learnings for your Supply Chain Sustainability Journey

SupplyShift

If you have a great program out there, just go find them and tag along.” 2) Procurement is in a prime position to drive sustainable change. A theme that emerged throughout many sessions was the importance of the procurement function in normalizing supply chain sustainability. You don’t need to reinvent the wheel.

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Summit ’21 – Five Key Learnings for your Supply Chain Sustainability Journey

SupplyShift

If you have a great program out there, just go find them and tag along.”. 2) Procurement is in a prime position to drive sustainable change. A theme that emerged throughout many sessions was the importance of the procurement function in normalizing supply chain sustainability. . You don’t need to reinvent the wheel.