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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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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Best Practice Guide to Invoice to Pay

ivalua

What is Invoice to Pay? Invoice to Pay is a request for payment by a supplier, and technology helps to make this simple, fast and more efficient for the Supplier and the Accounts Payable team. Invoice to Pay sits at the end of a Procurement process that starts with a need, moves through selecting and contracting with a supplier and ends with delivery of goods or services. .

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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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7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.

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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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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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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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AP Automation Best Practice Guide

ivalua

Taking AP Automation and Invoice Processing to new levels of performance. Unlock the power of AP automation and hit new heights in straight-through-processing by utilizing smart matching within one-click workflows that manage line level allocations and tax treatment automatically. 70% increase in invoice processing efficiency’ – Crédit Agricole. Remove of overhead of payment queries with real-time Supplier updates.

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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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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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Is Covid-19 the Death of Global Supply Chains?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Parallel Supply Chain … A Twilight Zone Strategy? Death of Global Supply Chains article and permission to publish here provided by Sam Jenks at kodiakrating.com. Globalization has dominated as a widely practiced business strategy during the past 15–20 years. Enter COVID19 stage left, and the world as we know it has suddenly shrunken.

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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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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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Report: Achieving Resilience in the Manufacturing Supply Chain

ivalua

The post Report: Achieving Resilience in the Manufacturing Supply Chain appeared first on Ivalua.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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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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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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How to Survive the Next 100 Days in Your Job!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Work from Home in a Coronavirus World! The Coronavirus Pandemic has had a devastating impact on all of our lives. Many people have lost their jobs, either permanently or temporarily and indefinitely. Still others may have kept their jobs but been forced to take a pay cut or work reduced hours.

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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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Supply Chain Orchestration: A New Era in Supply Chain Management

When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.

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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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Procurement 2020: Key Metrics for the New Decade

ivalua

The post Procurement 2020: Key Metrics for the New Decade appeared first on Ivalua.

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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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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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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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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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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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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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Advanced Product Quality Planning Datasheet

ivalua

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

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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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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How the Pandemic Will Permanently Transform Sourcing Strategies

Supply Chain Brain

When it comes to global manufacturing and sourcing strategies, the coronavirus pandemic has amplified and accelerated a number of trends that were already well underway before it began.

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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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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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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.