All Things Supply Chain
JANUARY 28, 2022
U.S. Department of Commerce says stocks of semiconductors have ‘plunged’ Manufacturers in the United States have seen their stocks of the chips decline amid the global shortage.
ProcurePort
JANUARY 11, 2022
The world of procurement is so vast and can be quite complex. Common terms such as ‘requisitions’ and ‘purchase orders’ can be easily mixed up. If you’ve ever wondered: What do these terms actually mean? Are requisitions and purchase orders the same thing? How do their roles differ in a procurement life cycle? Keep reading. […]. The post Purchase Requisition vs Purchase Order: What’s the Difference?
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ivalua
JANUARY 31, 2022
Last week, Ivalua partnered with Ardent Partners to discuss Procurement 2022: Big Trends and Predictions. . During the webinar, Ardent Partners highlighted a series of market trends and predictive scenarios for 2022, focusing on massive challenges brought on by the global pandemic that procurement organizations are facing today and present a thoughtful discourse on the road ahead.
Supply Chain Brain
JANUARY 31, 2022
Texas is facing an Arctic blast this week that threatens to leave Dallas blanketed in snow, freeze oil and natural gas production areas and will test the state’s power grid.
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Supply Chain Game Changer
JANUARY 13, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The History and State of Vehicle Routing! Route planning trends article and permission to publish here provided by Cristina Par. Online shopping has been around for a while now. However, the largest shift in consumer inclination towards online shopping came with the onset of the COVID-19 pandemic.
The Network Effect
JANUARY 27, 2022
The post The Tactics and Technology Required to Manage Supply Chain Disruptions appeared first on The Network Effect.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
ProcurePort
JANUARY 19, 2022
Direct procurement happens when an entity invites a sole entity to supply goods and services without being subjected to a competitive process. Both public and private institutions have procurement provisions requiring competitive bidding before awarding contracts to suppliers. However, there are situations where the direct procurement method is deemed fit.
ivalua
JANUARY 24, 2022
How do Chief Procurement Officers and their teams leverage digital transformation to take control of their data and better deliver against their strategic objectives? . In this week’s Procurement Leaders webinar recap, we address leveraging the tremendous power of data with Alex Saric, Ivalua’s Chief Marketing Officer and Johan Duba, CTO of Finance at Booz Allen Hamilton.
Supply Chain Brain
JANUARY 25, 2022
Global supply chains are nearing a turning point that’s set to help determine whether logistics headwinds abate soon or keep restraining the global economy and prop up inflation well into 2022, according to several new barometers.
Supply Chain Game Changer
JANUARY 19, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Supply Chain Renaissance Has Begun! Strategies to improve your Supply Chain article and permission to publish here provided by Claire Glassman. The supply chain is a significant part of your overall business strategy and inventory management. An effective and efficient supply chain can help your business improve customer satisfaction and money by minimizing wait times for in-demand products.
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As early as next year, procurement and supply chain operations will begin to adopt AI agents, often called “agentic AI,” to work alongside employees to make and execute decisions with precision across procurement and even the most complex global supply chains. Unlike LLM-based generative AI tools such as ChatGPT, these AI agents do not require prompts from humans.
EazyStock
JANUARY 31, 2022
Inventory Management KPIs for Effective Inventory Analysis. Managing inventory is a complex business. Lots of activities, processes and people are involved in ordering, receiving, storing, picking and shipping items with the ultimate aim of keeping customers happy with the correct orders that are on time. Inventory management KPIs are important as they help analyze and track the performance of inventory management activities such as how stock is ordered, managed and turned.
All Things Supply Chain
JANUARY 14, 2022
German trade body warns Omicron could damage supply chains Germany’s BGA trade association has warned that huge supply chain disruptions could occur due to the spread of the Omicron variant…
ProcurePort
JANUARY 27, 2022
Have you ever searched for a product or service online, read reviews, compared prices and retailers until you knew you were making the right decision? Well, that’s what businesses do when making purchases, except it’s a more formal process. In business, the procurement process involves having companies and vendors submit a request for proposal RFPs […].
ivalua
JANUARY 12, 2022
The post Empowering ESG Objectives and Programs through Source-to-Pay appeared first on Ivalua.
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
Supply Chain Brain
JANUARY 23, 2022
As omicron infections keep workers at home and labor shortages disrupt the world’s supply chains, two of the biggest logistics companies in the U.S. are looking to remote-operated equipment as a solution.
Supply Chain Game Changer
JANUARY 31, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Integrating ERP with TMS and WMS in Logistics! Warehouse management software article and permission to publish here provided by Claire Glassman. Logistics chain companies are often tied down by the schedules and requirements of their warehouse clients or partners. They go to the warehouse at the appointed time.
Purchasing Insight
JANUARY 27, 2022
SAP has announced it has agreed to buy a majority stake in privately held U.S. fintech firm Taulia as the German business software group seeks to expand its presence in supply-chain financing and working capital management. The post Taulia Acquired by SAP appeared first on Purchasing Insight.
All Things Supply Chain
JANUARY 26, 2022
The COVID-19 vaccine rollout underscored the importance of the cold chain to modern logistics and revealed significant challenges.
Speaker: Shalini Dinesh
Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.
ProcurePort
JANUARY 26, 2022
The contract procurement process refers to a series of steps and procedures undertaken by a business or an organization when purchasing products and services. Procurement is a crucial function as it helps organizations acquire the resources (products, goods, services, etc.) they need to operate fluidly. The contract procurement process starts when the manager identifies a […].
ivalua
JANUARY 6, 2022
The post Data as the Driver of Effective Procurement Transformation appeared first on Ivalua.
Supply Chain Brain
JANUARY 20, 2022
Shipping companies and software developers are experimenting with self-driving trucks as a way to solve a driver shortage worsened by the COVID-19 pandemic, drawing fire from safety advocates who call the technology a risk to motorists.
Supply Chain Game Changer
JANUARY 25, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Different Types of Cryptocurrencies! Bitcoin and Altcoins article and permission to publish here provided by Jean Nichols. We have seen Bitcoin as a revolutionary option to many traditional and government-based banking systems. At the same time, we saw experts saying that thousands of Bitcoin competitors in the market seemed to have to come up for years and missed the point in terms of technology.
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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.
Zycus Cognitive Procurement
JANUARY 26, 2022
The procurement function in most companies has changed from being a support team to becoming a strategic partner in the success of the company. Cost savings is no longer the top KPI for procurement departments. Global CPOs are more concerned with risk management, resilience, sustainability, availability and transformation objectives. The pandemic has underscored how important it is for procurement leaders to have visibility into Supplier Networks as well as Risk Management capabilities to preemp
All Things Supply Chain
JANUARY 24, 2022
Picture this: I’d been travelling since 5:30 am after visiting family overseas for Christmas.
ProcurePort
JANUARY 25, 2022
Any business that has a large volume of transactions will eventually have accounts receivable and accounts payables. This happens due to a time lag between transactions and settlements. In order to manage the working capital of the business properly, there need to be clear policies to handle these accounts. Accounts receivable keeps track of money […].
ivalua
JANUARY 6, 2022
The post Procurement 2022: Big Trends & Predictions Webinar appeared first on Ivalua.
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
Supply Chain Brain
JANUARY 18, 2022
Moving freight by rail is the most environmentally friendly mode of ground transport, with the average U.S. railroad moving one ton of freight 470 miles per gallon of fuel. A new type of railcar aims to further improve the industry’s footprint.
Supply Chain Game Changer
JANUARY 30, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Blockchain Technology Reshaping SCM! Blockchain technology revolutionary article and permission to publish here provided by Jean Nichols. Bitcoin seems to be rising in terms of price and value. The coin seemed to have traversed a considerable path from just a few pennies and cents to coming close to 70K USD.
The Good Spending
JANUARY 26, 2022
Thoughtful sourcing management contributes to the competitive advantage. The competitive advantage isn't just the virtue of the firm's internal capabilities. Suppliers contribute to it with quality, timeliness, cost-efficiency, and innovation. Therefore, procurement is one of the custodians of the competitive advantage, as it selects appropriate suppliers and moderates relationships with them to obtain the most value.
All Things Supply Chain
JANUARY 12, 2022
The global supply chain operations depend on the synchrony of key players to make sure demands are met as efficiently as possible.
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Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.
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