Supply Chain Digital Magazine July 2024 | Page 13

This month , we look back on June and highlight some of the top stories from around the world published at Supply Chain Digital
WRITTEN BY : MAYA DERRICK
RELEX : PREVENTING FOOD WASTE WITH IMPROVED DEMAND PLANNING
RELEX ’ s AI-driven retail and supply chain planning technology enabled customers — including the likes of Dollar Tree , M & S Food and The Home Depot — to prevent approximately 280 million kg of food waste in 2023 . As an added beneficial result , RELEX ’ s solutions help drive profitable growth across sales and distribution channels , leading to higher product availability , increased sales and more sustainable operations .
IVALUA AND VISA TEAM UP TO REVOLUTIONISE SPEND MANAGEMENT
Ivalua has partnered with digital payments giant Visa to transform how organisations handle supplier payments . Suman Raju , CFO at Ivalua , said : “ As cash flow remains critical and saving becomes increasingly important , we ’ re delighted to partner with Visa to unlock new levels of payment automation and maximise rebate opportunities for our clients .”
KPMG INTERNATIONAL : THE BIGGEST RISKS HITTING BUSINESSES
Businesses operating across borders face the prospect of slow growth and a tough task when it comes to achieving long-term sustainability , consultancy KPMG International says . The three most critical risks which are likely to impact operations in 2024 and beyond are identified as trade policy restrictions , vulnerability calling for operational resilience and AI governance gaps .
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