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The AI Advantage: Unlocking New Value for Procurement Teams

World of Procurement blog

With the ability to handle huge volumes of data, operate 24/7, and continuously learn from experience, AI can bring new levels of speed, efficiency, and insight to procurement teams looking to transform strategic sourcing, supplier management, and end-to-end procurement processes.

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Get Started on Your Procurement Transformation Roadmap and Strategy

Pipefy

This shift has become necessary as procurement departments are tasked by management with new strategic duties. Procurement teams are now responsible for driving value, achieving sustainable results, and helping businesses maintain their competitive edge despite market shifts and supply chain disruptions.

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Why don’t you have a TMS (Transportation Management System) Solution yet?

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Supply Chain as a Service (SCaaS)! . Why have so few companies adopted a TMS (Transportation Management System) solution? There are tremendous benefits but there are obstacles, real or perceived, that get in the way. Subscribe Here! Email Address.

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Why don’t you have a TMS (Transportation Management System) Solution yet?

Supply Chain Game Changer

There are tremendous benefits but there are obstacles, real or perceived, that get in the way. Many years ago I started a Supply Chain Services business as a new service within the company. The fundamental premise was that we had great Supply Chain expertise, tools, systems and processes which we could easily offer to customers.

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The Supply Chain Management Playbook: Your Game Plan for Operational Success

World of Procurement blog

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. Optimized supply chains lead to improved profit margins.

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History and Evolution of Supply Chain and Logistics

SCMDOJO

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. Rider (1970)).

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Business process management (BPM) examples

IBM Supply Chain Blog

Conversely, it has a larger scope than task management, which deals with individual tasks, and project management, which handles one-time initiatives. BPM software can automate repetitive tasks such as claim intake, validation, assessment, and payment processing—using technology such as Robotic Process Automation (RPA ).