Sourcing Solutions: Page 35

How Generative AI Supercharges Procurement

The Intelligent Virtual Assistant is powered by generative AI, designed to improve efficiency and enable faster, more effective decision-making regarding their suppliers, contracts and spend.

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Financial Management Software

Managing the Holiday Procurement Hustle: Alexis Asks

Managing editor Alexis Mizell-Pleasant asks industry experts. Preparation and mitigation of risks will not only result in a smoother holiday season but also contribute to long-term customer satisfaction and set a good foundation for next holiday season.

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Consumer Product Retailers Turn to Regional Sourcing Amid Global Disruption

Balancing cost and resilience will be vital as more than 40% of consumer products and retail organizations anticipate stockouts during this holiday season, and nearly 40% expect late deliveries, according to a recent survey from Capgemini.

Stock Predictive Analytics

Sourcing Solutions

Supplier Spare Capacity in North America on the Rise: Study

The extent to which supplier capacity went underutilized was even greater than in September and August. Coupled with October's downturn in demand for raw materials, components and commodities, this shows rising slack in global supply chains.

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Software Solutions

Consumers’ Perceptions of Supply Chain Disruptions are Shifting Purchasing Behaviors

More than half of consumers (52%) surveyed indicated that they personally experienced supply chain disruptions in the last 12 months, and 49% reported issues with product availability for goods they typically purchase.

Stock E Commerce

Ocean Ports & Carriers

China Plus One to Prominently Emerge in 2024, Supply Chain Professionals Predict

Container xChange

China Plus One is predicted to emerge in a big way come 2024, and competition and shrinking profits will necessitate market consolidation in 2024, according to predictions outlined by Container xChange.

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Finish the Year Strong: 4 Key Areas to Focus for Long-Term Success

PathGuide Technologies, Inc.

Distributors with the ability to recognize weaknesses and areas for improvement now will put their business on a trajectory for a strong finish this year and the right path for another year of continued success.

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Global Economy Predicted to Outperform Again in 2024

The outlook is based on economists' prediction for income growth (amid cooling inflation and a robust job market).

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Supply Chain Visibility

Just 9% of Supply Chains Expect to Gain Value from Uncertainty

Only 9% of supply chain organizations expect to achieve revenue gains due to uncertainty, according to a survey by Gartner, Inc.

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Ocean Ports & Carriers

Container Logistics Pros Don’t Believe Shifting Container Production Away from China will Ease Supply Chain Woes

Container xChange

54% of container logistics professionals do not believe that shifting container production away from China would improve the supply chain, according to Container xChange's recent survey.

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Risk/Compliance

Optimizing Raw Material Procurement: Building Supply Chain Resiliency

ION Commodities

The turbulence in global supply chains over the past 18 months underscores the need for businesses to rethink their procurement and risk management approaches, especially those in the raw material sector.

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Procurement Software

U.S. Companies See Worsening Performance of Payables, Collections and Inventory in Q2 2023: Study

The Hackett Group Inc.

The largest U.S. companies saw their ability to extend payments to suppliers, collect from customers and manage inventory degrade in the first half of 2023, according to new working capital research from The Hackett Group, Inc.

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