The Hackett Group found there is still significant need for procurement to address its critical development priorities for 2019. This includes improving analytical capabilities, aligning skills and talent with business needs, leveraging supplier relationships, enhancing agility and achieving true customer-centricity. READ MORE at Supply Chain Management Review
The supply chain risk management company outlines Top 10 Supply Chain Risks for 2019 and Beyond. The risk report is designed to provide the intelligence needed to help organizations re-evaluate their specific risk strategies and adapt their networks accordingly. READ MORE at Supply Chain Management Review
Kenn Cottrill from MIT says that artificial intelligence (AI) along with machine learning have captured the imaginations of supply chain professionals. However, he adds, “… practitioners should not underestimate the amount of preparatory work that needs to be done to provide a strong foundation for AI applications that can yield real value.” READ MORE at Supply Chain Management [...]
Faced with external pressures, U.S. companies often cut costs to remain competitive and many have focused their Internet of Things (IoT) strategies on how the technology can cut costs and improve efficiency, explains authors Mariani, Quasney, and Raynor. “But the IoT can also serve as a foundation for greater differentiation and innovation.” READ MORE at Deloitte Review
“The Future of Digital Procurement,” a new report released by Accenture, maintains that many supply chain managers are seeking to modernize this function, but may not have the tools to get started. “But it’s time to move beyond simply replicating the same tedious procurement processes with new software,” says Managing Director Kristin Ruehle. READ MORE at Supply [...]
