JAGGAER has taken a significant step forward in transforming enterprise procurement with the introduction of JAI, an intelligent human-guided AI orchestrator designed to enhance and revolutionise the Source-to-Pay journey. Pronounced “Jay,” JAI is more than just a digital assistant; it represents a foundational shift in…
As urban environments increasingly embrace smart city technologies, vending machines are evolving far beyond their traditional roles as mere snack dispensers. Today’s smart vending machines are integral components of smart city infrastructure, contributing significantly to connectivity, sustainability, data-driven urban planning, and public convenience. One of…
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Ukrainian President Volodymyr Zelensky has announced a new and comprehensive sanctions package targeting Russian financial schemes, with a particular focus on cryptocurrency operations that have been instrumental in financing Moscow’s military-industrial complex. The measures, introduced at the initiative of Ukraine’s National Bank, strike at the heart of Russia’s tactics to…
Ericsson has officially inaugurated its new regional headquarters in Riyadh, Saudi Arabia, a move that underlines the company’s deepening commitment to the Kingdom and its strategic significance within Ericsson’s Middle East and Africa operations. The occasion attracted a distinguished assembly of senior government officials, industry…
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Now in its 12th edition, the Deloitte Global Chief Procurement Officer (CPO) Survey once again spotlights procurement’s determined shift towards becoming ‘agents of change’ through digital transformation. With responses from 265 senior procurement leaders across more than 40 countries and 12 industries, this year’s report, titled Agents of Change: Procurement’s…
Mercanis, a Berlin-based procurement technology startup, has secured over $20 million in its latest Series A funding round, underscoring the growing role of artificial intelligence in transforming procurement and supply chain resilience. The round was led by new investors Partech and AVP, with existing backers…
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View AllIntegrating advanced racking systems and storage solutions with Autonomous Mobile Robots (AMRs) is set to revolutionise warehousing operations, enhancing efficiency and flexibility in an era defined by rising e-commerce demands and labour shortages. Edward Hutchison, Managing Director of BITO Storage Systems, emphasises how combining pick towers, shelving, and racking with…
Freight procurement transforms as rapid reforecasting replaces long-term forecasting amid supply chain volatility
In 2021, the repercussions of supply chain disruptions were starkly visible across industries, with U.S. companies losing an average of $228 million each, heavily influenced by factory shutdowns. Retailers, particularly in consumer packaged goods, faced severe challenges; on-shelf availability rates for essential items like fruits,…