article thumbnail

The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend

Logistics Viewpoints

It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. From natural disasters to geopolitical tensions and the ongoing COVID-19 pandemic, supply chains have been significantly impacted.

article thumbnail

Industry Outlook: Manufacturing Trends

Trinity Logistics

Many of today’s manufacturing trends are in line with the industry’s goals to improve processes, create more efficiency, and meet consumer demand. Let’s dive into the latest manufacturing trends. WHAT ARE THE LATEST TRENDS IN MANUFACTURING? Diversifying the workforce is a trend that goes in hand with employee recruiting.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Top Ecommerce Trends for 2024

Ship Monk

We can’t predict when joggers will go out of style (never, we hope) but we are pretty good at predicting ecommerce trends. Here are a few of the trends we think are going to be big in 2024. For the first time, mobile purchases have overtaken desktop purchases. Mobile Takes the Lead Of the $9.8

article thumbnail

7 Tips: A Guide to Mastering Procurement

Material Handling and Logistics

It’s not news to anyone that digitization is a roaring trend and I’m here to say: embrace it. With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing.

article thumbnail

Using Predictive Analytics For Better Supply Chain Resilience

Blue Grace Logistics

We explore how predictive analytics and big data with human sentiments can add value and amplify their supply chain strategies. What this blog is about: Leveraging predictive analytics for forecasting and visibility. It is certainly harder to run an enterprise without forecasts or with incorrect future predictions.

article thumbnail

The State of Supply Chain Trends Part II: AI, Procurement, & the New Lean

GlobalTranz

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The State of Supply Chain 2016 Trends. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains.

article thumbnail

How is the Logistics Economy Holding Up?

Logistics Viewpoints

Or have these concerns been replaced with cost-price inflation and compressed profit margins? These are questions ARC Advisory Group will seek to answer in our online survey research of supply chain executives over the next few months. The third trend is that global trade growth appears to be gradually slowing.