March, 2022

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The Top 3 Ways to Take Your 3PL to the Next Level

All Things Supply Chain

The logistics and warehousing markets are growing and changing fast. For 3PL providers, this change presents some serious opportunities.

Logistics 274
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Procurement Category Management for Business

ProcurePort

The procurement category management process is the intentional action by a company to divide its procurement spend into segments with related items. The main reason for segmentation is to find opportunities to generate value through greater efficiency. When successfully implemented, the company can gain through lower purchase prices, better relationships with suppliers, agility in logistics, […].

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Intelligent IBP – The Rise of Autonomous

Supply Chain Trend

Preview – Most IBP cycles around the world are based on a 20-year-old process definition supported by 20-year-old planning concepts. This traditional IBP is not set up for a fast-changing world, where speed of decision making confers a competitive advantage. Intelligent automation will change this. In a series of short blogs, I will discuss the transition of traditional IBP towards a more intelligent IBP.

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Record Lead Times Show More U.S. Inflation in Supply Chain Mess

Supply Chain Brain

The supply squeeze on the U.S. economy tightened further in February, indicating no relief for domestic producers and pointing to persistent inflationary pressures.

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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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What is a Blanket Purchase Order and How it Works

SCMDOJO

Blanket Purchase Order Definition. A blanket purchase order is a simple way for many buying and finance directors to streamline the procurement process and enhance operational efficiency. Simply said, blanket purchase orders allow procurement managers to take advantage of preset costs while also reducing responsibilities. A blanket purchase order, also defined as a standing purchase order, is a long-term agreement between a company and a supplier to offer items or services at a certain price ove

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Rome wasn’t Built in a Day, Neither was your Supplier Relationship

ivalua

Supply chains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supply chain and your customers’ end markets. A company’s supply chain is a key source of competitive advantage and Supply Chain Management (SCM) is designed to allow a company to monitor its suppliers and utilize the available resources to improve performance.

Suppliers 130

More Trending

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Request for Proposal (RFP) Application: What is it & How to Write it?

ProcurePort

A request for proposal (RFP) application is a document that an organization, often a large enterprise or a governmental organization, posts to solicit a response from potential vendors about the supply of specific goods and services. The request for proposal specifies what the client is looking for and outlines the evaluation criteria used to assess […].

Supply 147
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Word for Procurement Professionals

Procurement Templates

Key Board Shortcuts. To do this Press Open a document. Ctrl+O Create a new document. Ctrl+N Save the document. Ctrl+S Close the document. Ctrl+W Cut the selected content to the Clipboard. Ctrl+X Copy the selected content to the Clipboard. Ctrl+C Paste the contents of the Clipboard. Ctrl+V Select all document content. Ctrl+A Apply bold formatting to text.

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How Blockchain, Smart Tags Are Tackling Counterfeit Goods

Supply Chain Brain

The counterfeit industry is booming, at the cost of authentic businesses.

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History and Evolution of Supply Chain and Logistics

SCMDOJO

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Although logistics represents a whole system of space/time interdependencies, we believe that the discussion of its history and its chronological evolution still requires extensive studies to explore its origin and its advance in time, from a new point of view.

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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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Ivalua Recognized as A Leader in Supplier Value Management Platforms, Q1 2022 report

ivalua

Redwood City, CA – March 24th, 2022 – Ivalua, a global leader in spend management, today announced that it has been named a leader in The Forrester Wave : Supplier Value Management Platforms, Q1 2022. Supplier Value Management (SVM) platforms include the various applications used to automate and manage activities with suppliers, including Supplier Risk & Performance Management (SRPM), Source-to-Contract (S2C), and Procure-to-Pay (P2P).

Suppliers 130
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Is the Industrial Warehouse Shortage Temporary?

All Things Supply Chain

Warehouse space has become some of the most competitive real estate in the world over the past couple of years.

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What is Supplier Management? Why and how is it Implemented?

ProcurePort

· What is supplier management process? · What’s the importance of implementing good vendor management best practices? · And what are some vendor supplier relationship strategies you can adopt to streamline the supplier management process? In this post, we tackle each of these issues. But first, what is supplier management anyway? What is Supplier Management?

Suppliers 130
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Supplier Profile Tools

Procurement Templates

In order to build a supplier profile, users need leads for business intelligence. The following organisations are a source of rich information. D&B. Zoom Info. Contact List Provider & Builder. Our contact database has over 95 million companies profiled with all of their employees. Used to fuel sales & marketing growth, Zoominfo provides you with verified email addresses & direct dials for your desired contacts.

Suppliers 130
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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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'Supply Chain As a Service' Turns Empty Shelves to Extra Cash

Supply Chain Brain

Companies from Amazon to Cardinal Health are optimizing their capacity to create additional revenue.

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Preparing Your Company for Industry 4.0!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How to Optimize Your Factory for Industry 4.0! Industry 4.0 is a hot trend that is continually helping to increase efficiencies in manufacturing and many manufacturing companies are actively looking for ways to adopt it in their own operations. The potential gains for any production operation are significant, but there are also some requirements to be observed before attempting to implement Industry 4.0 practices in a manufac

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LEADER – The Forrester Wave™: Supplier Value Management Platforms, Q1 2022

ivalua

The post LEADER – The Forrester Wave™: Supplier Value Management Platforms, Q1 2022 appeared first on Ivalua.

Suppliers 130
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When Is It Time to Reevaluate Your ECommerce Fulfillment?

All Things Supply Chain

Coming from a fulfillment company, it’s too tempting not to call eCommerce fulfillment the “heavy lifting” essential to running a successful brand that brings customers back again and again.

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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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4 Keys to Vendor Risk Management Process Workflow

ProcurePort

You most likely depend on third-party vendors to efficiently run your routine operations if you own a business or an organization. Nevertheless, vendor management process workflow can present risks with serious financial, legal, and operational repercussions making vendor risk management a critical process. But how do you manage tens or hundreds of vendors if you […].

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Savings in procurement – how to calculate them

ABC of Procurement

Savings is the KPI of every Procurement team. And the professionals have during the time developed several ways of measuring and reporting them. The post Savings in procurement – how to calculate them first appeared on ABC of Procurement.

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Does Just-in-Time Inventory Really Enhance Cash Flow?

Supply Chain Brain

For many businesses, the past year exposed the fragility of their cash flow and working capital. The pandemic, coupled with supply chain disruptions and erratic consumer demand, wreaked havoc on companies facing both internal and external pressures.

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20 Supply Chain Job Interview Questions and Answers!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Minute Job Interview Tips for Success! Many of the most important, and in demand, jobs these days are in Supply Chain. Not only are these skills in high demand but the number of people with those extensive skills and experience is limited, making the effectiveness of the Supply Chain job interview more important than ever.

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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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We’re BACK! 5 Reasons to attend 2022 Ivalua NOW Paris: Stronger Together

ivalua

After a 2-year hiatus, Ivalua is thrilled to invite procurement leaders, innovators, customers, and colleagues to Ivalua NOW Paris. . This year, we’re centering our event around the theme “Stronger Together” to celebrate the collective challenges we have overcome and how we can move forward with renewed priorities. Today, we are stronger, more united, and more determined to lead and innovate together!

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Tackling Counterfeiting with Blockchain

All Things Supply Chain

The counterfeit business is booming, but at the cost of authentic businesses suffering heavily.

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How to Succeed at Business Spend Management

ProcurePort

Enterprise spend management is a set of processes meant to bring transparency and control over the manner in which people given the power to spend are doing so. Such transparency can help to reduce business risk, increase profits, and improve efficiency in various areas of the business. In business spend management, it’s extremely important to […].

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Intelligent IBP – Closing the Decision Gaps

Supply Chain Trend

Preview – Most IBP cycles around the world are based on a 20-year-old process definition supported by 20-year-old planning concepts. This traditional IBP is not set up for a fast-changing world, where speed of decision making confers a competitive advantage. Intelligent automation will change this. In this series of short blogs, I will discuss the transition of traditional IBP towards a more intelligent IBP.

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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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Logistics Labor Has a People Problem, Not a Worker Shortage

Supply Chain Brain

The logistics industry likes to think that it has a labor shortage, but it really has a people problem.

Logistics 136
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How to Create a Digital Marketing Strategy for a Logistics Company!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Content Marketing Strategy – The Decisive Guide! The power of digitalization is evident in many spheres and industries, including the logistics one. As the technologies develop, the means for promoting logistics services with a digital marketing strategy has also changed. For instance, logistics marketing heavily relies on digital channels of communication.

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Purchase-to-Pay Performance Study

ivalua

The post Purchase-to-Pay Performance Study appeared first on Ivalua.

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Supply Chain- Ask an Expert with Dana von der Heide

All Things Supply Chain

Although the topics of diversity and gender equality are important every day of the year, International Women’s Day is a time to celebrate women’s achievements and to encourage female empowerment.

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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