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How AI and Machine Learning Changed Procurement Management

CLX Logistics

Procurement management stands at the crossroads of technological innovation and strategic decision-making. As organizations strive to enhance operational efficiency, mitigate risks, and capitalize on emerging opportunities, the role of Artificial Intelligence (AI) and Machine Learning (ML) in procurement has become increasingly prominent.

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New Chief Capacity Officer Mark Ford Bolsters Freight Procurement Strategy at BlueGrace Logistics

Blue Grace Logistics

Tampa, FL (May 10, 2022) – BlueGrace Logistics (BlueGrace), one of North America’s leading Third-Party Logistics (3PL) providers, today announced that Mark Ford will lead the Truckload procurement strategy as the organization’s first Chief Capacity Officer. Robinson, Coyote Logistics and Reliance Partners.

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Know Your Supply Chain KPIs – Procurement

Logistics Bureau

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. To answer some of those inquiries, we decided to release the following brief overview of what we believe to be the most helpful procurement KPIs.

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The One Key Shift in Your Supply Chain and Procurement Strategies that can Drive Better Business Continuity and Resilience

Logistics Viewpoints

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

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Predicting Unpredictability: Expert Advice for 2024 Freight Operations, Benchmarking, and Procurement Preparation

CLX Logistics

As the freight industry gears up for another year, the whirlwind of uncertainty continues to influence the logistics landscape. When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement. They demand results, and rightly so.

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Top Logistics & Supply Chain Blogs We Followed in 2018 & Suggest You Follow in 2019

Shipchain

We follow an exhaustive list of supply chain and logistics blogs to make this possible. If you want to start learning, we suggest you check out these top logistics and supply chain blogs. Top Logistics and Supply Chain Blogs We Love. Cerasis is another leader in the world of supply chain and logistics.

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How manufacturers and distributors can re-imagine procurement in the supply chain

SYSPRO Smarter ERP

Procurement in manufacturing companies is often not done correctly. With direct and indirect materials making up at least 50% of typical manufacturing costs, the procurement function could be re-imagined so companies can be more responsive to customer demands and more agile when dealing with supply chain challenges.