In recent years, the global supply chain has faced unprecedented disruption. Throughout every project phase, from estimating to construction, MEP contractors must address supply chain disruptions, ...

Disruptions like Covid-19, supply shortages, global trade barriers, high customer expectations, and inflation all add tremendous pressure on supply chains to perform flawlessly while imposing added ...

Where the optimal outcome is predictable, that's where the predictive enterprise approach really shines at driving significant ROI transformations.

Inflation, economic instability, materials and labor shortages, climate change—almost any disruption you can imagine is a pressure point that makes procurement and supply chain management ...

During COVID-19 pandemic, implant procedures slowed as elective surgeries were put on hold. Now, demand is ramping back up. With the resumption of demand, many hospitals, health systems and ambulatory ...

According to Brett Fultz, director of global analytics, global procurement and supply chain at Coca-Cola, artificial intelligence (AI) and machine learning tools have become indispensable in order to ...

“When the world is predictable you need smart people. When the world is unpredictable you need adaptable people.” This quote from Henry Mintzberg, Canadian academic and author and co-author of 15 ...

Humans have been fascinated with automation since the Dark Ages. The first major step toward automation in human history was the invention of the wheel, which enhanced transportation in a way that was ...

What are the most common types of procurement? Procurement stands as one of the most influential business functions in modern organizations, directly impacting both financial performance and ...

The procurement function continues to see its value within organizations grow, yet there remains work to do as one-third of “C-suite executives lack the confidence in procurement’s abilities” ...

Following are PeakSpan Capital LLC’s research and observations on the supply-chain and procurement software space, with 10 predictions for 2021. 1. Knowing, managing and communicating with suppliers ...

Editor’s note: This article first appeared on the University of Tennessee, Knoxville’s Global Supply Chain Institute’s blog. It is being reprinted with permission. You can read the original post here.