Sourcing Solutions: Page 34

Project Management Software

AI-Driven Retail Capabilities from SAP to Enhance CX

These capabilities will provide retailers with holistic customer insights and data analysis to adapt and thrive amid rapid market changes.

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Carbon Footprint

86% of Procurement Leaders Are Spearheading Sustainability

The 2024 report uncovers the transformation of Chief Procurement Officers (CPOs) into key influencers shaping company strategies and the role of AI in navigating challenges and opportunities.

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Alibaba Introduces AI Feature to Boost Efficiency and Growth for SMEs

The Smart Assistant, an AI-powered global sourcing tool, caters to both newcomers and seasoned entrepreneurs in the dynamic world of global commerce.

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Emerging Technologies

Optimum Retailing Introduces Smart RFID Integration

Optimum Retailing

This advancement empowers retailers to seamlessly monitor their in-store product displays and maintain compliance with approved planograms.

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Procurement Software

An Order Management System for Luxury Retailers

XY Retail announces the launch of its latest product, an advanced Order Management System (OMS) that comes fully pre-integrated with the XY Point of Sale (POS) and clienteling solutions.

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Executives Weigh in on Top Risks in Manufacturing

A recent survey found that economic conditions, including inflationary pressures, represent the most significant risk for manufacturing and distribution organizations in 2024.

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Risk/Compliance

Developing a Contingency Playbook for Supply Chain Risks

By anticipating changes and disruptions and developing a contingency playbook, supply chain organizations can ensure their survival and competitive advantage in a world of ever-increasing risk and change.

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Associated Costs from Geopolitical Unrest to Pose Biggest Headache in 2024

Container xChange

Majority of shipping professionals surveyed are gearing up to enhance resilience through strategic initiatives like risk assessment and scenario planning, diversification of routes and suppliers and regulatory compliance.

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Embracing Lean Manufacturing for a Sustainable Future

Adopting a lean manufacturing mindset and implementing integrated inventory management can offer efficiency, structure and sustainability from the outset, but its benefits extend well beyond present day.

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Sourcing Solutions

$743 Billion in Merchandise Returned in 2023

National Retail Federation (NRF)

Retailers have been focused on efforts to mitigate returns, as total returns for the industry amounted to $743 billion in merchandise in 2023.

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Manufacturers Plan to Increase Reshoring for Better Value

According to Medius, U.S. manufacturers are streamlining their operations and costs (47%), incorporating AI into supply chains (38%) and focusing on protecting margins (36%).

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Sourcing Solutions

Fashion Retailers Need to Commit to Sustainable Sourcing

Each new sustainability concern brings with it a gamut of regulations, adding complexity to an already intricate supply chain landscape. Here's what to consider.

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