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How AI and Machine Learning Changed Procurement Management

CLX Logistics

From streamlining sourcing and supplier management to optimizing contract negotiations and spend analysis, AI and ML offer various capabilities that can revolutionize procurement management operations and drive sustainable value creation.

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5 Ways Shippers And Suppliers Can Maintain A Great Relationship

Blue Grace Logistics

Companies have the right to receive the best service and the best price from their suppliers, and the relationship between shippers and suppliers is a key component to a successful partnership. Here are five tips to build, maintain, and improve a healthy and productive relationship with your suppliers.

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How AI is transforming manufacturing Part 2: Inventory management

SYSPRO Smarter ERP

To track and report the data, each form of inventory necessitates database management software and specialized methods. It is getting harder to track every item in the inventory and to get relevant analysis out of it. Inventory management is a big part of successful planning for manufacturing businesses in any industry.

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Top 8 Applications of Artificial Intelligence in The Supply Chain

3PL Links

Applications Artificial Intelligence in The Supply Chain The significance of the supply chain has led to the emergence of numerous innovative technologies aimed at enhancing efficiency in the logistics industry. Supplier management Artificial intelligence can help you manage suppliers more objectively and efficiently.

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Coronavirus Series – Inventory Management Challenges & Solutions

EazyStock

In this four part blog series we discuss how inventory management teams can use inventory optimization to help deal with the impact of the Coronavirus in the medium and long term, focusing on demand forecasting, supplier management and inventory planning. It’s now time that inventory management teams did the same.

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2023 supply chain and logistics management trends

EazyStock

If you’re buying raw materials or components, review your bill of materials to see if it’s possible to substitute materials or items for cheaper options or source from alternative suppliers. ABC/XYZ analysis can help identify the most valuable items to your business.

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2023 supply chain and logistics management trends

EazyStock

If you’re buying raw materials or components, review your bill of materials to see if it’s possible to substitute materials or items for cheaper options or source from alternative suppliers. ABC/XYZ analysis can help identify the most valuable items to your business. Supplier management. Supplier ranking.