Supply chain design technologies that identify and quantify risks at the supplier, facility, customer and network levels allow organizations to make better decisions.

The J.P. Morgan Global Manufacturing Purchasing Managers’ Index registered a score of 48.7 during July, matching the index’s lowest level since June 2020. 

Companies can drive efficiencies and reduce costs by making several small changes across their supply chains. Here are five of them.

Supply chain attacks are extensive, meticulously planned, and take advantage of the trust between business associates and third-party software providers.

Getting started on digitizing your supply chain might seem intimidating, but it can all come together pretty quickly, says Jaymie Forrest, president and CEO of Activ Technologies, Inc. 

Logistics companies are increasingly turning to software providers to innovate and create a digital experience in bill of lading management. 

As inflation lingers, the tough times for the freight industry are likely to continue. But shippers and carriers have the power to combat rising costs.

Leveraging analytics software with supply chain data helps shippers predict freight market trends, lower operating costs, negotiate rates more effectively and respond to disruption quickly. 

Procurement leaders are still struggling with inefficient and costly processes when it comes to indirect spend. AI-powered autonomous sourcing can address this issue.

There is no way to avoid it: the trucking and freight industries are in a recession, with no clear visibility as to when business will rebound.