
Infor Nexus Leveraging Traceability, AI, and Financing to Build Compliant and Sustainable Supply Chains
Description
This IDC Market Note discusses key topics and challenges of global trade at the Infor Nexus International Customer Conference. Today's rising regulatory environment is driving retailers and brands to better and more granularly track and trace their products across their end-to-end life cycles; it is also tightly coupled with the persistence we see in terms of building increasingly sustainable products and supply chains. Among its capabilities, Infor Nexus leverages AI and new advancements in supplier mapping and traceability across its platform to build sustainable supply chains. These advancements, coupled with sustainable finance initiatives, aim to promote greener practices and improve overall supply chain efficiency and collaboration."To enable compliance to regulations such as DPP, retailers and brands require collaboration across supply chain tiers," said Jordan K. Speer, research director, Worldwide Retail Product Sourcing, Fulfillment and Sustainability Strategies at IDC. "A unified platform with AI-driven traceability capabilities is a significant enabler of the supply chain transparency, resilience, and compliance required to keep up with rapidly evolving regulatory frameworks across global markets."
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