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?”

Artificial intelligence is offering new and better ways of making supply chains more sustainable, by improving efficiency, enhancing decision-making, and increasing transparency in operations.

The complexity of healthcare supply chains offers valuable lessons for other industries, particularly in risk management, compliance, and adaptability.

For warehouse management and operations to be effective, you need to look into how warehouse markings can enhance safety, drive efficiency, and keep you organized.

Supply chain leaders are increasingly turning to artificial intelligence to revolutionize their demand-forecasting and inventory-management strategies.

Automation is transforming the mobile device industry, with a significant impact on consumers’ daily lives and the environment.

To improve resilience and business continuity in the face of pandemics, wars, natural disasters and other supply chain vulnerabilities, businesses are adopting comprehensive supplier risk-management initiatives.