Lenovo's AI platform boosts supply chain accuracy and response times amid digital transformation
Lenovo says its AI-enabled iChain platform has lifted delivery accuracy by 30% across a supply chain that spans 180 markets, more than 30 factories, 100 logistics centres and 2,000 suppliers, handling more than 14 million order lines a year. According to the company, the system…
China and India’s pharmaceutical dependence deepens, prompting calls for strategic supply resilience
Pharmaceutical supply chains are becoming more exposed to China and India, with a growing body of industry and policy analysis suggesting that reliance is no longer confined to active pharmaceutical ingredients and key starting materials. It now reaches into finished medicines, raising the prospect that…
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ProcureGuard is presented as a cloud-native fraud detection system designed to catch a classic procurement abuse: splitting a large purchase into smaller invoices so each one slips beneath approval thresholds. In the Medium post, its creator argues that this kind of tactic can leave finance teams exposed because conventional accounts…
Field Materials introduces AI agents to tackle skills shortage in construction procurement
Field Materials has unveiled a new set of AI automation agents aimed at taking over routine procurement and accounts payable work in construction, as the industry grapples with a looming skills gap and an ageing workforce. The platform, which says it already processes more than…
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Formula 1’s push towards net zero is increasingly being shaped not only by what happens on track, but by the far larger challenge of moving people, parts and equipment around the world. According to Formula 1, the sport has cut its carbon footprint by 35% against its 2018 baseline and…
Artificial intelligence is moving quickly from a curiosity to a practical tool in supply chains, but speakers at the Sosland Purchasing Seminar in Kansas City made clear that the technology’s real value lies less in replacing people than in giving them back time. Erin Nazetta,…
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View AllAs oil prices pushed higher again on Tuesday and Tehran signalled fresh restrictions around the Strait of Hormuz, Donald Trump claimed the conflict would eventually deliver the opposite result at American forecourts. In a Truth Social post on Monday, the US president said oil would fall sharply once Washington “WIN[s]…
ExxonMobil posts record profits as Middle East conflict sustains energy market disruption
Nearly a month after ExxonMobil unveiled its strongest quarterly profit in four years, the market disruption that fuelled the result still had not been resolved. Reuters reported on 25 August that oil flows through the Strait of Hormuz were running at about 5 million barrels…

