While it's important to connect the supply chain to finance, all company functions and departments must be linked, says Reggie Twigg, supply chain marketing lead at Anaplan.

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

By reducing its costs, the organization believes it'll remain on track for its earnings guidance from this quarter, which will see 2023 sales decline by 2% to 5%.

Healthy cash flow is essential to establishing strong vendor relationships, seizing growth opportunities and maintaining financial stability.

Organizations both large and small face a significant hurdle when advancing warehouse automation initiatives.

By automating tax compliance, companies can cut costs and processing time, protect themselves against fines and penalties resulting from audits, and create a better customer experience.

In Singapore, the German industrial conglomerate will reportedly spend €200 million to build a facility that will produce factory automation devices to meet rising Asian demands.

As transportation costs continue to rise and supply chains become increasingly complex, the demand for freight audit and payment services will likely grow. 

Since 2013, GM has invested over $31 billion in U.S. manufacturing and parts distribution including $2 billion in the Fort Wayne Assembly plant.

So far, in 2023 alone, the government of the United Kingdom has made £168 million available to farmers and food producers across the country.