Thanks to advancements in generative artificial intelligence, procurement professionals may now leverage their system of commercial agreements to increase their company’s return on investment.

Contracts have long been uncelebrated essentials in the business environment. If your company is like most others, procurement professionals view commercial agreements as irritating interruptions to business procedures. They can’t wait to sign the bottom line of the documents, file them in a cabinet and forget them.

Warehouse management systems have long produced a wealth of data relating to picking, packing, slotting and inventory management, but the visualization capabilities provided by digital twins go a long way toward making that information actionable.

When building a business case for the investment in a new TMS, it is important to provide information on the ROI. This whitepaper helps uncover the key areas that consistently deliver savings, value and continuous improvement in your supply chain and across your business to support your business case.  

Studies have shown that companies implementing digital and sustainability innovations are two and a half times more likely to outperform competitors who don't seek to innovate. The problem many companies have when embarking on their digital journey is where to begin.

In today's fast-paced world, fleet safety has become paramount. Simply installing video cameras is no longer enough. It requires a comprehensive approach that includes expert oversight and actionable insights. That's where SmartDrive's managed services come in.

Slotting has a significant impact on all the warehouse key performance indicators – productivity, shipping accuracy, inventory accuracy, warehouse order cycle time, and storage density. Yet, typical warehouses have less than a third of items located in optimal locations.

In 2024, the distribution industry stands at a crossroads, shaped by rapid technological advances and evolving supply chain dynamics.

Industry consolidation will continue this year as a proving ground for companies’ tech. Two thousand twenty-four will be the year our industry begins to realize the promises of modernity.

Supply Chain leaders face increasing expectations around their supply chain's sustainability performance from regulators and other stakeholders, while cost savings and business growth remain key priorities.