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5 More Transformative Supply Chain Technologies Supply Chains Will Focus on in 2018 to Move to the Next Level

GlobalTranz

While most brands have already integrated live system tracking, secure data exchange processes, and visibility and traceability throughout systems, the use of cloud-based technologies will begin to have a major impact on procurement processes as well, says Marc Wins of Procurement Academy.

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[INFOGRAPHIC] Procurement Trends: Carving a Bigger Role in Supply Chain & Manufacturing

GlobalTranz

Cloud-based technologies and rapid integration with existing ERP systems are allowing artificial intelligence and automation to take a more active role in maintaining and managing procurement processes as well, explains Supply Management magazine. However, procurement is no longer defined as simple order processing and invoicing.