I've spent the last couple of posts urging procurement executives not to focus solely on price when they're choosing suppliers. Service, product quality, financial health, social responsibility and exposure to natural disasters and other potential disruptions are all elements that need to be factored into the mix. So you'd think this enlightened attitude would pretty much rule out the use of auctions for selecting vendors, right?

Integrating supply chain planning and execution is vital to today's businesses, but 80 percent of the data that most companies need to achieve this integration lies outside their four walls. Mark Cosway, vice president of industry sales at GT Nexus, explains a new approach to solving this problem.

Agentrics, a vendor of cloud-based applications to support supply-chain collaboration, has changed its name to that of its parent company, Brazil-based NeoGrid.

One of the most constant staples of science fiction is its view of the automated world of the future. Whether it was the giants of the genre (H.G. Wells, Isaac Asimov, Ray Bradbury, Arthur C. Clarke, Jules Verne), animated movies or the Tomorrowland section at the Disney properties, all envisioned a world where manual labor was largely replaced by intelligent machines rapidly performing dull, repetitive tasks.