Procurement Insights
APRIL 18, 2025
Based on the input from the 1998 Agent-based RAM platform, which featured self-learning algorithms within a nascent AI framework, confirmed prior research indicated that Indirect Material MRO products were prone to much greater volatility over time than Direct Materials.
Una
OCTOBER 17, 2023
EPISODE 137 Using Visibility to Combat Supply Chain Abstraction with Frank Kenney By Kelly Barner | October 18, 2023 In the race to build global empires of data and digital systems, today’s businesses must not risk forgetting what all of those zeroes and ones mean.
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Claritum
MAY 11, 2018
However, you could also face many challenges when globally sourcing across geopolitical boundaries. Your business could struggle to achieve visibility of its global supply chain. Fortunately, technology is revolutionising the way organisations can process and track every stage of their global sourcing operation.
SCMDOJO
APRIL 16, 2025
The Just-in-Time methodology is a structured supply chain and production strategy where materials, parts, and goods are delivered precisely when needed, minimizing inventory storage and reducing waste. However, it also shifts responsibility onto the timing and accuracy of every delivery and production step.
IBM Supply Chain Blog
FEBRUARY 13, 2024
Near-sourcing, in addition to lowering emissions, also cuts transportation costs and delivery times. And global sourcing provides businesses with access to less expensive resources in low-cost regions. IBM® Trust Your Supplier , for example, uses AI to continuously monitor suppliers’ regulatory compliance.
Supply Chain Game Changer
MARCH 30, 2021
And with customers expecting solid commitments on when their orders will be delivered the need for high order precision in understanding vehicle route times has never been more critical. Various constraints were modelled including capacity, travel time, availability, etc. The goal is to minimized total costs (eg.
Empowering CPO
FEBRUARY 11, 2024
Procurement market intelligence is a key pillar of it, providing organizations with real-time information on supplier capabilities, emerging trends, and potential risks. This intelligence empowers decision-makers to proactively adapt their sourcing strategies, ensuring resilience and agility in the face of market fluctuations.
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