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How AI and Machine Learning Changed Procurement Management

CLX Logistics

From streamlining sourcing and supplier management to optimizing contract negotiations and spend analysis, AI and ML offer various capabilities that can revolutionize procurement management operations and drive sustainable value creation.

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Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

Even before the pandemic swept across the planet, larger companies were increasingly using 4PL providers to act as their logistics department, handling matters such as order management, legal compliance, warehousing, and supplier management. percent over FY19. Phoenix Freight: 3PL and 4PL Provider. The Future of 4PL.

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8 Things Companies Common Mistakes in Supply Chain Management

Logistics Bureau

Single sourcing is a supply chain trend which can easily lead to mistakes for small and medium-sized businesses, especially if it’s chosen as a strategy without regard to the potential risks. Supplier Relationships and Management. Typical errors in supplier management include: Underestimating supplier risk.

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8 Things Companies Get Wrong in Supply Chain Management

Logistics Bureau

Single sourcing is a supply chain trend which can easily lead to mistakes for small and medium-sized businesses, especially if it’s chosen as a strategy without regard to the potential risks. Supplier Relationships and Management. Typical errors in supplier management include: Underestimating supplier risk.