We’ve all heard that you can’t improve what you don’t measure. In the supply chain function, negotiation is a critical skill for procurement professionals. Yet, while many companies evaluate ...
In response, supply chain leaders understand that they must leverage innovation to produce measurable results for their organizations. Additionally, they are finding unique opportunities in vendor ...
According to Brett Fultz, director of global analytics, global procurement and supply chain at Coca-Cola, artificial intelligence (AI) and machine learning tools have become indispensable in order to ...
Forbes contributors publish independent expert analyses and insights. I cover the impact of AI and Machine Learning on the supply chain. In today's manufacturing and supply chain environment, a ...
Hospital supply chain leaders say the next five years will redefine their role — shifting it from traditional procurement and logistics toward enterprise strategy, technology integration and ...
If you’re a procurement leader, developing improved business strategies should involve advancing technology, increasing digital intelligence, and improving collaboration across in-house teams. Given ...
Procurement teams are trying to apply yesterday’s toolkit to solve tomorrow’s problems. Pressing internal challenges include system complexities, supply network vulnerabilities, and evolving customer ...
For long-term success in today’s oft volatile supply chain environment, strong relationships with suppliers are more important than ever. Procurement decisions, then, should be made with this question ...
As a global business offering a variety of products and services in 180 markets around the world, Lenovo manages a diverse and dynamic supply chain. Lenovo’s supply base is comprised of the following ...
This article explores the growing imperative for ethical supply chain management as a foundation for sustainable and value-driven procurement practices. Drawing on key principles such as transparency, ...
Edwards, who now teaches seniors and students in the supply chain MBA at the University of Tennessee, shares advice from his ...
Getting the right materials at the right time and price is incredibly important for any successful business. Material procurement affects everything from product quality to company profits. Smart ...