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The Power of the Network: ERP vs. Spend Management

Logistics Viewpoints

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Alex Zhong, Director Product Marketing at GEP.

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Electronic Data Interchange or EDI in Transportation: Breaking Down What it is and How It Works

GlobalTranz

Today begins our series about electronic data interchange or EDI in transportation. In this series, we will first talk about how EDI in transportation works and what it is, covering the history of EDI in transportation, the definition, how it works technically, and then some common EDI codes used within the transportation industry.

Data 105
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Work from home supply chain jobs

Globalior

Definitely a role that will transition well to a home based environment. Procurement: Procurement may be able to work from home, however a big part of a procurement executive’s job is vendor management which is best done face to face. Data Analysis: Some data analysts will do well working from home.

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Ethics in Supply Chain Management

Globalior

Ideally, all relationships with vendors must be managed through documented contracts with validity periods and clear exit clauses. Procurement decisions: Sustainable sources, firm stand against child labour or otherwise exploited workforce. Reviewing compliance practices: HS codes & FTA eligibility. External self audits.

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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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What’s the Latest Definition of an Enterprise TMS

Turvo

Often part of a more extensive supply chain management (SCM) system, a TMS helps companies stay compliant and log the proper documentation involved in the complicated processes of freight movement and fulfillment. Aggregates data analytics , allowing companies to spot out inefficiencies and improve operations.

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Blockchain for Bill of Lading – A Much Needed Update to the Traditional Bill of Lading for E-Commerce?

GlobalTranz

Automated payment processing will reduce instances of payment fraud, prevent documentation issues, and increase the accuracy and validity of all transactions, asserts Abhishek Raval of Express Computer. Decentralized data is the hallmark of the blockchain, but companies working to develop in-house blockchain platforms will face a problem.