Artificial intelligence, for decades little more than a dream in the minds of behavioral scientists, is insinuating itself into every aspect of supply-chain management today. The latest incursion is taking place in the realm of sourcing.
Challenge: An athletic footwear brand needed quicker access to supplier information and share purchase order information with several hundred vendors and factories. Since each order involved vendor collaboration, multiple tasks and the need to work with internal departments and global partners, a formalized PO process and centralized platform was needed to comprehensively track orders and shipments.
As populations grow and emerging markets industrialize, companies are facing a serious long-term challenge: how to meet surging consumer demand while minimizing environmental damage and sustaining the planet's natural resources.
The latest news, analysis, trends and solutions regarding product lifecycle management and its impact on supply chain management. New developments in product lifecycle software - which manages product information from design to disposal - are transforming the way companies operate and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using product lifecycle management solutions for supply chain optimization.
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