An increasing number of major companies are shifting manufacturing back to the U.S. and nearby Mexico in response to a volatile global supply chain landscape.
As companies face growing pressure from governments, stakeholders and consumers, ESG reporting and compliance are at the forefront of corporate responsibility.
Procurement professionals must rise to the ESG challenge by leveraging supplier collaboration to ensure compliance and best practices in the extended supply chain.
When it comes to assessing and managing the health of one’s suppliers, anticipating and mitigating risk is crucial to maintaining operational stability.
RFID is helping retailers and their supply chain partners to navigate a rapidly changing consumer landscape and meet increasing demands for convenience, particularly around the busy holiday season.
As life sciences companies progress rapidly through drug development and commercialization, the need for an adaptive procurement function becomes critical to managing suppliers, costs and risks.
Retail returns involve real products and logistics, and as much as artificial intelligence promises to streamline things, it needs one crucial component: physical data.
By aligning loans with inventory turnover, reducing supply chain timelines, and carefully balancing inventory purchases, businesses can significantly cut costs and boost profitability.
Many organizations deploy AI systems without fostering trust or buy-in among their teams. They fail to take the employee’s view of “What’s in in for me?”
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