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Traditionally, purchasing and supply management (PSM) has strongly relied on data management, as procurement managers need to dispose of, clean, and update data of different natures to compare suppliers’ performance,…
This Spend Matters Vendor Analysis provides an overview of Luminance and its solution for contract lifecycle management (CLM). Luminance offers legal-grade AI for the full spectrum of document review, from generation and review to post-execution analysis. The Luminance AI enhances and expedites the entire contract lifecycle process, including drafting, negotiating and understanding key features of executed contracts, all while maintaining compliance.
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Although Ports of Indiana-Burns Harbor is the 25th largest port in the U.S., all containers that travel through the Chicago area are moved by rail or truck.
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Although Ports of Indiana-Burns Harbor is the 25th largest port in the U.S., all containers that travel through the Chicago area are moved by rail or truck.
AI promises to save effort and time on a scale never before witnessed in human history. But to quote Serena Williams: “Everything comes at a cost. Just what are you willing to pay for it?
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
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Collaborative planning, forecasting and replenishment (CPFR) has to involve both suppliers upstream and customers downstream, says Noha Samara, senior director analyst with Gartner.
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China's commerce ministry has a hearing set for July 18 to look into claims that the EU has been flooding the country with brandy priced well below market value.
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In a fast-paced and competitive ecommerce environment, efficient inventory management is vital for businesses to stay ahead. Manual tracking and cumbersome spreadsheets are now outdated. It’s time to embrace the power of a computerized inventory system. One such system gaining popularity in the industry is Finale Inventory. This article covers the basics of a computerized inventory system, the role of Finale Inventory in ecommerce, the advantages of using such a system, and its impact on e
The DoJ gave Boeing the choice of entering a guilty plea and paying a fine or facing a trial on the felony criminal charge of conspiracy to defraud the U.S.
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2024 EDITOR’s NOTE: There is a saying that “the more things change, the more they stay the same.” Let’s travel back to 2007 and then ahead to 2024. If we replace the word ERP with Generative AI, would the 2007 predictions by CAPS, ISM, and Kearney be any different today than they were back then? In what was (and is) one of the most popular series in the Procurement Insights Blog’s history, the Dangerous Supply Chain Myths series was based on my review of the ISM, CA
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
Ordering inventory efficiently is essential for the success of any ecommerce business. In this comprehensive guide, we will explore the fundamentals of inventory management and how you can optimize your processes using Finale Inventory. Whether you are an experienced online seller or just starting out, this article will provide invaluable insights to help you enhance your inventory management and boost your ecommerce operations.
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As an ecommerce business owner, you know how important it is to stay on top of your inventory management. One of the most critical tasks you need to tackle at the end of each year is conducting a year-end inventory count. This comprehensive guide will help you understand the significance of a year-end inventory count and provide you with valuable tips and best practices to make the process as efficient as possible.
“Data is the new oil” has been spouted as a truism for a number of years. This is primarily due to the promises of all the nice things AI will do for us. But access to clean and correct data is a much more fundamental requirement than just enabling AI.
Procurement is in the middle of a tech tsunami. And if it feels like the old playbooks aren’t working anymore, that’s because they aren’t. Agentic AI. Autonomous procurement. Unified source-to-pay ecosystems. These innovations are converging and transforming how procurement teams operate. The GEP 2025 Procurement & Supply Chain Tech Trends Report breaks it all down.
An asset audit is an important process for any ecommerce business. It involves assessing and documenting the various assets owned by the company, including inventory, equipment, and other tangible resources. By conducting an asset audit, business owners and managers gain valuable insights into the current state of their assets, helping them make informed decisions and implement effective strategies to drive growth and profitability.
In ecommerce, effective inventory management is vital for success. If you run an online business that deals with consumables—products that are regularly used up and need to be restocked—having a reliable system in place is important. One such system that has gained popularity among ecommerce businesses is Finale Inventory. In this article, we will discuss the importance of inventory management in ecommerce, introduce the features and benefits of Finale Inventory, and outline strategies for manag
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