August, 2020

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WARNING: Handling Dangerous Cargo

All Things Supply Chain

On August 4th, 2,750 tonnes of ammonium nitrate – equivalent to approximately 6 million pounds – that were being stored in a facility at Beirut’s port caught fire and exploded.

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5 Best Practice Effectively Roll-out Digital Procurement Software

ivalua

Anyone who has been through a Procurement software implementation will know, it’s not always simple. Having been at Ivalua for many years I thought I’d share my perspective. Here are a few points which I hope demonstrate my knowledge of the Procurement process and show my understanding of how the Procurement function needs to operate to be successful.

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Technology Support in Integrated Business Planning: Automation, Augmentation and Human Centricity

Supply Chain Trend

Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software. In this article, Niels argues that these technological advances can lead to either (a) planning-process and decision automation or (b) planning and decision augmentation.

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How to Choose Eco-Conscious Suppliers

Supply Chain Brain

Many companies today are guilty of “greenwashing” or “green sheen” — marketing themselves as green while merely going through the motions.

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GEP Spend Category Outlook Report 2025

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

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3 Limitations of e-Auctions and How to Overcome Them

ProcurePort

Did you know that reverse auction software can help you save 18 to 40% on addressable spend? Buyers are always looking for ways to reduce sourcing fees and the e-auction system provides such a platform. It permits streamlining of e-procurement and assists in improving service along the supply chain. Indeed, e-Auctions have revolutionized the way […].

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10 Critical Supply Chain Lessons from The Pandemic! (Video)

Supply Chain Game Changer

Coronavirus Exposes Global Supply Chain Fragility! The Coronavirus pandemic continues to wreak havoc throughout the world. In some places the pandemic has been controlled and life is getting back to a new normal. Yet in many other cases the pandemic is spreading aggressively and even realizing a devastating resurgence, particularly in the United States.

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Manage Supplier Financial Risk

ivalua

The post Manage Supplier Financial Risk appeared first on Ivalua.

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Augmented Procurement is Making the Future Our New Reality

Jaggaer

Technology has been augmenting everyday life for quite some time now , but p rocurement has historically been slower in adopting the technological leaps see n outside of the industry. Now this idea of augmented procurement – and eventually autonomous procurement – has surfaced , and many are asking when the change will happen, and more importantly what it means for them. .

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A Transport Tech Company Brings Manufacturing Back to the U.S.

Supply Chain Brain

In the wake of the coronavirus pandemic and rising overseas production costs, many American companies are thinking about returning at least some manufacturing to the United States. But XStream Trucking Inc. has wasted no time in doing just that.

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How Procurement Software has Progressed in 2020

ProcurePort

2020 is going to be a significant year historically. From the world-wide pandemic, to the mass social unrest, to one of the most unique elections the United States has ever seen; 2020 has certainly been hectic. Professionals, decision makers, and organizational leaders have had to rapidly adjust to the changing business landscape in order to […].

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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Optimizing Direct Procurement and the Inbound Supply Chain

The Network Effect

The post Optimizing Direct Procurement and the Inbound Supply Chain appeared first on The Network Effect.

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Warehousing solutions for handling sudden high demand in eCommerce

All Things Supply Chain

If you’re going to have a problem in your eCommerce business, a sudden spike in demand is about the best one to have.

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Advanced Product Quality Planning Datasheet

ivalua

The post Advanced Product Quality Planning Datasheet appeared first on Ivalua.

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The Reverse Logistics Role in Supply Chain Trends!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What Exactly Is Reverse Logistics? Reverse logistics role article and permission to publish here provided by Kevin Jessop at cerasis.com. As customers continue to shop online the demand on reverse logistics—particularly the process of managing returns—will skyrocket. It’s the same story; customers want more and more.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.

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Little Holiday Joy for Retailers, Preparing for a Peak Season That Could Go Bust

Supply Chain Brain

Right about this time in any “normal” year, ocean carriers and truckers would be entering their annual peak season for freight volumes, in expectation of that ever-reliable holiday shopping bonanza.

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Purchase Requisition vs Purchase Order in Review

ProcurePort

In an industry like procurement, there are a lot of different terms that sound very similar, and even have similar functionality. Understanding the nuances between these terms is integral to finding success as a procurement professional. Additionally, it can be a good self-reflection exercise to ensure that your internal procurement team is using the appropriate […].

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Procurement Leading Pharmaceutical Companies Through the Pandemic

Jaggaer

From early on in the Covid-19 pandemic , and for pretty obvious reasons , procurement in healthcare and pharmaceuticals has been in the spotlight like never before. Managing supplier s in a highly volatile economic, societal and environmental situation was especially challenging for the pharma industry. In recent years , the sector has become highly dependent on deliveries from the Asia Pacific region and in particular China, where capacities in the transport chain between inland plant

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Supply Chain – Ask an Expert with Farzana Shubarna

All Things Supply Chain

After attending this year’s virtual Supply Chain Summit, we had the opportunity to bring back our Supply Chain – Ask an Expert series.

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The 2nd Generation of Innovation Management: A Survival Guide

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?

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Sourcing Decision Center Datasheet

ivalua

The post Sourcing Decision Center Datasheet appeared first on Ivalua.

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Climbing Mount Kilimanjaro! Lessons for Life and Business!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. I spent a year working in Colorado. In Colorado you can’t help but be drawn to the beauty of the mountains. Eventually I started climbing those peaks (called the Fourteeners, as they are over 14,000 feet high) in my spare time. I hadn’t even thought about Mount Kilimanjaro at that point.

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How Electric Trucking Will Improve the Environment

Supply Chain Brain

With hybrid and fully electric cars more popular than ever, it’s no surprise that electric semi-trucks are a compelling topic for discussion within the shipping industry.

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Procurement Software Implementation in 3 Easy Steps

ProcurePort

Procurement and sourcing teams are some of the busiest departments of any organization. All year round they are working round the clock to ensure that goods & services for the business are procured in a timely manner from reliable suppliers to keep operations running smoothly. Procurement teams cannot slacken or let their guard down otherwise […].

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Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

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Pandemics, Trade Wars and Warehousing 1: Achieving Agility and Efficiency in an Era of Uncertainty

The Network Effect

The post Pandemics, Trade Wars and Warehousing 1: Achieving Agility and Efficiency in an Era of Uncertainty appeared first on The Network Effect.

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Event preview: Supply Chain Europe Virtual 2020

All Things Supply Chain

The true business impact of the COVID-19 crisis will be best measured by the response of industries to learn lessons and rebound as strongly and quickly as possible.

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Spend Analysis Datasheet

ivalua

The post Spend Analysis Datasheet appeared first on Ivalua.

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The Vital Role Played by Transport in Supply Chain

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Truck Drivers are a Vital Part of the Supply Chain! Vital role article and permission to publish here provided by Amy Fletcher. “Shippers, carriers, wholesale vendors, and others in the supply chain are concerned about the performance of the freight logistics system because highway, rail, and port operations affect their costs and profits,” state experts in the report Measuring the Transportation System from a Supply Chain Pe

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The Evolution of Control Towers to Command Centers

Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.

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Virus Update: Tankers Waiting for Weeks off China Ports, Companies Step Up Distribution Automation

Supply Chain Brain

The latest supply-chain news and insights on the novel coronavirus and global response to the outbreak.

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5 Tips When Using Inventory Management Software

ProcurePort

Without inventory management, businesses, economies, and societies would descend into chaos. Inventory management is one of the most crucial elements in developing strong and resilient supply-chains that aren’t affected by the volatile marketplace. Implementing inventory management software has become an industry standard in order to better facilitate the processes and practices involved in inventory management. […].

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How JAGGAER and the UK Ministry of Justice Exceed Public Procurement Demands

Jaggaer

?. Public sector procurement is stuck in limbo – frequently the differences between public and private sector seem enormous, but they’re of te n exaggerated or misunderstood. We sat down with Richard Hogg, Managing Director, JAGGAER UK, and Jim Rawlings, Commercial Direc tor, UK Ministry of Justice, to talk through the challenges and misconceptions about digital procurement in the public sector.

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Supply Chain – Ask an Expert with Sheri Hinish

All Things Supply Chain

Our Ask an Expert series continues, and I am delighted to have the woman, who colleagues and clients affectionately call the “Supply Chain Queen”, Sheri Hinish as my next interview…

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GEP Outlook Report 2025

For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic