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How Can ChatGPT Aid Supply Chains?

How Can ChatGPT Aid Supply Chains?

Craig Summers of IT solutions firm Manhattan Associates discusses how CSCOs and CIOs need to examine ChatGPT’s potential ChatGPT for enhancing supply chains. ChatGPT has been among the top trending topics in 2023. This is because the world is fascinated and uncertain of the function this technology will play – and must be able to play in our daily lives.…

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Technology Will Allow For Self-Healing Supply Chains

Technology Will Allow For Self-Healing Supply Chains

The constant disruption of supply and the current climate of geopolitical and economic instability means that procurement has never been a more pressing requirement to become an essential business function. This is driving the rise of AI and machine learning (ML) solutions for automating the more non-serious aspects of purchasing – which, historically, were a time-waster for the industry.Procurement leaders…

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Five Ways To Manage Your Logistics More Efficiently

Five Ways To Manage Your Logistics More Efficiently

The more steps are included in your plan for logistics; the greater efficient your overall procedure will need to be. If a variety of materials have to be provided… The more steps you have within your logistics process, the more efficient the entire process will be. Suppose various materials have to be shipped to a specific area at various periods.…

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Greenwashing Of Supply Chains: Caution By Ivalua & Trimco

Greenwashing Of Supply Chains: Caution By Ivalua & Trimco

Procurement software firm Ivalua and product ID company Trimco advise that using sustainability-related language is crucial to avoid greenwashing in the supply chain. Greenwashing is a term that was invented by the environmentalist Jay Westerveld in a 1980s essay that looked into how the hotel industry operates. He claimed that the industry was misleadingly promoting towels in the context of…

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Blockchain Is Strengthening The Supply Chain

Blockchain Is Strengthening The Supply Chain

Although the use of blockchain technology in supply chain operations is fairly infrequent, Tech Mahindra is among the first to push for its adoption. Non-fungible tokens and cryptocurrencies (NFTs) are the mainstays of all the attention in blockchain technology. Still, the people behind the technology know how effectively it can transform crucial elements of the business world, including the supply…

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