Most manufacturers believe they're prepared for supply chain disruptions because they have contingency plans in place. In reality, those plans are often fragmented and short-term in focus.
Carriers from China to the U.S. and Europe were forced to extract the dubious components, leaving jets grounded and racking up millions of dollars in costs.
Adoption of artificial intelligence and other innovative technologies is still at a rudimentary stage for most companies, said speakers at DPW Amsterdam.
DPW predicts that 2025 will see a concerted drive towards a digital revolution in procurement, signaling a shift from operational technologies to more strategic, relationship-driven solutions.
Autonomous sourcing platforms, driven by artificial intelligence, are achieving significant returns on investment, according to a new report by research firm HFS.
In today’s volatile supply chain landscape, resilience and adaptability are crucial. TADA’s whitepaper on The Future of Digital Supply Chain Twins explores how digital twin technology can transform your supply chain by delivering real-time visibility, risk mitigation, and automation.
Discover how TADA's AI-enabled digital twin technology drove $90M in total benefits for a Fortune 500 automotive manufacturer who was struggling with reduced visibility, poor risk management, and significant production disruptions.
The latest news, analysis, trends and solutions regarding sourcing, procurement and supplier relationship management (SRM) and their impact on supply chain management. New technologies in sourcing and procurement are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency, cut costs and build more strategic partnerships. Learn how companies around the world are using sourcing, procurement and SRM solutions for supply chain optimization.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.