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Ivalua’s new Environmental Impact Center empowers Procurement and SupplyChain teams with reliable and actionable insight to reduce Scope 3 Greenhouse Gas (GHG) emissions. This data is accessible across Ivalua’s Source-to-Pay solution to facilitate more sustainable procurement decisions within daily operations.
The global supplychain landscape is undergoing significant transformations, influenced by rapid technological advancements, shifting consumer expectations, and the intricacies of international commerce. Developing Analytical Skills Data analysis is at the heart of effective supplychain management.
The German SupplyChain Act, or Lieferkettengesetz, is a new piece of legislation that came into effect January 2023 with an extended remit from January 1, 2024. In Germany, this figure amounts to approximately 3,000 companies and requires them to conduct due diligence to identify and address potential risks in their supplychain.
From limited visibility and a lack of real-time data to a lack of agility and responsiveness to changing market conditions, there's no shortage of difficulties that today's supplychain professionals can encounter. What can be done to not only address these challenges, but overcome them? Register now!
First Name Email Download 51 Prompts → Or receive our famous weekly newsletter Global SupplyChain — Everything About SupplyChain Global supplychain has become a popular way for businesses to source unique materials and products from other countries as they are unavailable domestically.
Today Im joined by Rygen Technologies , a supplychainsoftware brand with a vision to provide user-forward, practically-delivered, and thoughtfully-engineered solutions. Rygen designs and builds technology solutions to empower the logistics industry. And, in supplychain, you really get to implement them.
Adopt a Forward-Thinking Approach: Stay ahead by monitoring emerging procurement trends, such as digital transformation and sustainability innovations. Action Steps: Automate Processes: Implement cutting-edge procurement software to automate routine tasks, reducing manual errors and boosting efficiency.
Its unique technology enables shippers to break free of expensive parcel shipping consultants with an easy-to-use software app that brings transparency to the black box of carrier agreements. Jack Margeson is the Vice President of Alliances at Deposco, a leading provider of cloud-based fulfillment softwaresolutions.
Supplychains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supplychain and your customers’ end markets. How can you create a more efficient supplychain and gain a better understanding of overall performance?
New global consumer markets, characterized by sourcing activities and low manufacturing costs, seem to take the supplychain into more contemporary territory. While it brought all excitement and increased revenue, manufacturers have started to experience its significant side effect: a rise in supplychains complexity.
This means companies are under more pressure than ever to innovate at pace. As a result, the role of the supplier has grown in importance – for example, much of the innovation in the aerospace market comes from suppliers rather than traditional aerospace firms. Cost-focused approaches block innovation.
GAINS is the supplychain performance optimization company. So, with GAINS, supplychain teams can make all the right decisions at speed and scale to right-size inventory, strengthen performance, and fulfill customer promises. And, well be sharing practical applications and the many benefits of letting the data lead.
The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supplychain resilience and continuity, reduce costs and protect the bottom line. Forrester’s study of 500 Procurement Professionals looked into the opportunities for SVM software to help return business to sustained growth.
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter Supplier Collaboration Software — What You Should Know The use of supplier collaboration software continues to rise as businesses grow and technology advances. Best Supplier Collaboration Software 1.
Modern enterprises rely on supplychainsoftware to track several activities, including manufacturing and distribution of goods. Many supplychain systems are closed-source, all-in-one, proprietary, expensive, and difficult to customize ( read Why ERP Sucks ). What are No-code Platforms?
Subscribe to SupplyChain Game Changer. SupplyChain Investment Challenges – Real and Imagined! Intelligent SupplyChain technologies article and permission to publish here provided by Dan Weinberger , UN SupplyChain Expert and CEO of Morpheus Network. Subscribe Here! Email Address.
Redwood City, CA – 11 July, 2022 – Ivalua , a global leader in Cloud Spend Management solutions , announced the general availability of its new platform release 174. On the AI front, Ivalua enhanced its leading CLM solution with AI-Powered Contract Data Capture. AI-powered contract management. About Ivalua. Michael Gallo.
Today Tom Burke, Portfolio Product Manager at CargoWise Landside, joins me to talk all about how drayage rating and quoting best practices can improve supplychain management, visibility, and logistics execution. In 2021, these companies where acquired by Envase Technologies, which was later acquired by WiseTech Global.
“Never waste a good crisis” is a phrase worth pondering in the realm of digital transformation for supplychains. Historically, major companies neglected supplychain transformation and digital investments until global disruptions, such as the Covid pandemic, forced a change. 22, at 10:00 AM PST.
A company can gain a lot by applying the appropriate techniques and significant software usage. Quantitative Methods: The Quantitative forecasting method is engaged where there is access to historical data, and unlike the former, it is objective to the degree of the reality of the data. Click here!
If you want to gain more supplychain analytics knowledge, you’re in the right place. We’ve compiled a list of 10 great supplychain analytics books to help you better understand the concepts and strategies behind this vital business field.
Subscribe to SupplyChain Game Changer. Digital SupplyChain Overview! Digital SupplyChain evolve article and permission to publish here provided by Megan R. People often position the digital supplychain as essential for helping today’s businesses succeed. Email Address.
Their responsibilities focus on going beyond cost reduction and achieving broader business goals such as growth, innovation, and customer satisfaction. As procurement and supplychain leaders seek to optimize performance, collaboration with suppliers becomes a strategic tool for creating value for the business.
Following months of debate based on extensive knowledge of the many procurement technologies they have demoed, analyzed and benchmarked, they arrive at a list of five young providers that they believe are innovative and exciting, have a rapidly rising presence in the market, can grow sustainably and which every CPO should have on their radar.
Technology Adoption in Early Stages : Adoption of procurement software was growing but not yet widespread, with many organizations relying on manual or semi-automated processes. Analytics and insights from procurement data were minimal. Analytics and insights from procurement data were minimal.
Subscribe to SupplyChain Game Changer. How Cloud Computing Can Help SupplyChain! The supplychain industry is changing at an alarming rate as new technological innovations launch. Cloud storage is one of the technologies that have significantly revolutionized supplychain management.
Modern Spend Management and Accounts Payable software. Tools like PLANERGY enhance supplychain resilience by providing real-time tracking, data-driven insights, and streamlined communication with suppliers. Efficient supplychains play a major role in keeping schools running smoothly. What's PLANERGY?
Today Im joined by supplychainsoftware brand Manhattan Associates. Manhattan provide more than just supplychainsolutions. Today Mandar Rahatekar, Senior Director of Research and Development at Manhattan, joins me to talk all about the power of unified supplychain planning.
The pandemic wreaked havoc on businesses and their supplychains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supplychain and manage it so they can react quickly when a problem occurs.” Data silos also inhibit agility, Keeley said. “As
Today I’m joined by Orderful , a forward-thinking EDI software provider, that is on a mission to modernize contemporary supplychains. 17.52] From real-time feedback to quickly resolving problems and validating data, a closer look at all the ways Orderful can help businesses save time. “The
WiseTech are a leading developer and provider of softwaresolutions to the logistics industry. Their global team of nearly 2,000 people is united in a mission to create breakthrough products that enable and empower those that own and operate the supplychains of the world. 47.00] The future for WiseTech.
AI systems are able to learn, recognize patterns, and make predictions by analyzing data with the use of algorithms and statistical models. AI in logistics refers to the use of AI-powered solutions to optimize supplychain management, improve decision-making and enhance customer experience.
(NYSE: HI), a global industrial company, has selected Ivalua to centralize its supplier communication, contract data, and help consolidate best-in-class procurement processes. The Ivalua platform offers a single source of truth for all supplier and contract data across Hillenbrand’s global operating companies. About Hillenbrand.
Today I’m joined by Osa Commerce , an innovativesoftware provider that is on a mission to tackle data chaos in the supplychain. Awarded the SDCE Executive’s 2022 Women in SupplyChain award, which reflects my commitment to excellence and my dedication to empowering women in the industry.
May 23, 2022 – Ivalua, a leading provider of Spend Management Cloud solutions, announced the winners of its Carbon Footprint Innovation Cup at its marquee annual event, Ivalua NOW 2022 in Washington D.C. The Carbon Footprint Innovation Cup featured 17 teams of volunteers.
Vision: Ivalua believes that digital transformation will make supplychains more efficient, sustainable and resilient, and unlock the power of supplier collaboration. The final data set was compiled from 15 million ratings across 70,000 companies large and small. 27, 2021 through Nov. About Ivalua.
Supplychain design and optimization projects present significant challenges, ranging from complex network structures, and multiple databases to diverse business objectives. However, achieving these objectives requires a strategic approach and a deep understanding of dynamics within the supplychain ecosystem.
Procurement has evolved from a back-office function to a strategic driver of innovation and value. While technology is at the heart of this shift, jumping on the digital bandwagon isnt always as simple as plugging in some shiny new software. Real transformation demands a mix of creativity, strategy and much patience.
If you’re a supplychain management professional, you’re probably aware of how important it is to continuously improve your skills and knowledge in this field. Fortunately, there are numerous courses available to help you develop your expertise in supplychain management, regardless of your level of experience.
At Spend Matters, it’s as important for us to get to know the requirements and opinions of the procurement community of practitioners as it is for us to understand the world of tech solutions and their providers. So it was good to see a nice mix of both presenting at Procurement Strategies and Innovation (PSI) last week.
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supplychains and consumer demand are going to change. However, what is it?
Retail supplychains are complex networks that require seamless coordination among various stakeholders, including suppliers, manufacturers, and logistics providers. Email hosting has emerged as a pivotal tool in modernizing these communication channels, enabling real-time collaboration and data sharing.
Blockchain technology is revolutionizing the way businesses manage their supplychains. By providing a secure and transparent way to track products from their origin to their final destination, blockchain for supplychain can help increase efficiency, reduce costs, and improve trust between suppliers and customers.
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