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Coupa Leverages Community Intelligence to Power AI

Logistics Viewpoints

This technology allows businesses to unify their procurement, expense management, invoicing, payments, sourcing, contract management, and spend analysis processes and reporting. It is a bad sign if an AI solution is being trained on public web data,” Turner explained. “A The idea of community was there from the beginning.”

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Top Transportation Technology Trends

Logistics Viewpoints

In transportation, digital freight procurement and asset tracking & data mining are in broad use. Most companies mentioned developing a business case, change management, and training as the main challenges they faced when implementing new solutions. These cutting-edge solutions are at a much earlier stage of development.

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Maximize Ecommerce Supplier Relationships

Ship Monk

The fact is, most business owners think of procurement as nothing more than a transactional relationship. SRM is more than a one-and-done analysis. Steps to Implementing SRM If you deal with a lot of vendors, investing in SRM software will help you more easily manage the data and make it available to stakeholders for analysis.

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Schneider Electric’s Works with EcoVadis to Drive Supplier Emissions Engagment

Logistics Viewpoints

Analysis of what is reported may suggest that a supplier has not been totally forthcoming in what they have reported on the platform. Schneider Electric and EcoVadis Christophe Quiquempoix, VP of Sustainable Procurement at Schneider Electric shared his insights during a panel discussion at EcoVadis Sustain Conference 2023.

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Using data and AI to improve manufacturing

SYSPRO Smarter ERP

ML systems can identify patterns from the large amounts of structured and unstructured business and industry data that companies increasingly collect, and provide analysis and insights to users to help their decision-making. Product development When designing a new product or improving an existing one, extensive data analysis is required.

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What is Preventive Maintenance: Staying Ahead of the Curve

Conger

Predictive Maintenance Predictive maintenance takes things further using data analysis tools and techniques like vibration analysis and thermal imaging. Asset Lifecycle Management (ALM) encompasses planning, procurement, operation, maintenance, and eventual replacement or disposal of assets.

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Growth in Supply Chain Salaries Despite Global Pandemic

Logistics Business Magazine

There has been growth in supply chain salaries despite the huge economic impact of Covid-19 across the procurement and supply chain sector. From analysis of over 6.5 In procurement roles, salary increases were not as high but still outperformed the UK average. Procurement and supply chain salaries outperform other sectors.