3 things to know before investing in voice picking
All Things Supply Chain
APRIL 20, 2022
Recent advances in voice AI are changing the voice picking experience for everyone: pickers, developers and enterprises.
April, 2022
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Why Supplier Relationship Management Should Be Your First Focus
ProcurePort
APRIL 19, 2022
• Firms today are facing supply chains that are increasing in complexity. A manufacturing entity may work with hundreds of suppliers on different continents. • Customers are demanding competitive pricing, hence making margins even slimmer. There is, therefore, the need to create value through strong relationships with suppliers. • Supplier relationship management today involves leveraging […].
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5 Reasons why eAuctions Drive Better Savings
SCMDOJO
APRIL 3, 2022
eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Procurement specialists can use eAuctions to engage and negotiate with more vendors utilizing an organized approach which thus eliminates any need for cumbersome one-on-one meetings. They are far more convenient than conventional discussions and negotiations, providing procedural integrity and transparency while also lowering final
Fixing the Supply Chain: How AI Can Help, and How it Can Hinder
Supply Chain Brain
APRIL 7, 2022
Artificial intelligence can predict future demand, improve automation and increase transportation efficiency, giving supply chain managers deeper insight and control over every aspect of the chain. But it's not a magic fix.
From Reactive to Resilient: Charting Your Supply Chain Maturity
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Learn strategies to develop supply chain maturity and save on costs. In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation. Discover actionable first steps to boost your operations and reduce costs.
Supply Chain Data Quality & Governance
ivalua
APRIL 28, 2022
The current global supply chain crisis has revealed critical issues involving the global distribution of goods and services. One of the drivers for these issues is focused around the lack of access to reliable “data”. To be of use, supply chain data must be of good quality and trustworthy. The inability to integrate data from multiple sources and the limited ability to interpret/analyze data in real time are a common set of problems facing many organizations.
The 10 Procurement groups I follow
ABC of Procurement
APRIL 21, 2022
There are so many ways procurement professionals can connect nowadays. Here is a list of web pages I frequently visit when looking for knowledge. The post The 10 Procurement groups I follow first appeared on ABC of Procurement.
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
More Trending
What is Vendor Management in Procurement?
ProcurePort
APRIL 28, 2022
• Vendor management refers to the set of activities an organization undertakes to optimize its working relationship with its suppliers. • Vendor management activities involve cost management, risk management, contract negotiations, and performance evaluation. • The scope of vendor management varies with the size of a business, the number of suppliers, and the industry in […].
NFTs & Supply Chain: What Are The Applications?
SCMDOJO
APRIL 22, 2022
Non-fungible tokens, or NFTs, have proven their potential in every industry known. Non-fungible means non-interchangeable tickets stored on a blockchain (electronic digital ledger). The topic, Application of NFTs in Supply Chain Management, is buzzing in the supply chain & logistics space. Not only will the NFTs move the supply chain from unnecessary paper trails to an electronic platform, but they will also reduce all the bottlenecks experienced in the pipeline.
New Risk Detection Tool Offers Deep-Tier Supply Chain Visibility
Supply Chain Brain
APRIL 19, 2022
A new artificial intelligence risk detection tool is helping users surface, understand and mitigate threats to their supplier networks within hours.
5th Annual Supply Chain Data Quality & Governance Study
ivalua
APRIL 24, 2022
The post 5th Annual Supply Chain Data Quality & Governance Study appeared first on Ivalua.
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?
Purchasing Meeting Topics Supply Chain
Procurement Templates
APRIL 10, 2022
While there is no single common format for supplier business reviews, it is clear that there are some proven best practices. These meetings should be part of the contract management process, and while it may seem obvious what to do, it’s important to consider what you’re trying to achieve with these reviews. These are key topics that you should be discussing at your weekly or monthly purchasing team meetings.
Three ways automation and robotics can mitigate warehouse labour shortages
All Things Supply Chain
APRIL 6, 2022
Warehouses and fulfilment centres are currently experiencing widespread labour shortages and are failing to attract workers.
Is Purchasing and Procurement the Same?
ProcurePort
APRIL 27, 2022
• Most people often use the terms procurement and purchasing interchangeably. • While the two terms are about acquiring goods and services, procurement professionals can point out important distinctions. • Procurement has different intentions from purchasing. To understand this, it’s important to go through the steps involved in both processes. Procurement Procurement is a detailed […].
Moving Specifics in City Montreal
SCMDOJO
APRIL 19, 2022
Packing things up and moving into your new home is very exciting, but at the same time, it can be stressful for you. However, if you follow all the right tips, you can make the process quite simple and easy for yourself. So, here we will be discussing some of the tips to help your first-time moving experience when you get demenagement Montreal services.
Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations
Advertiser: GEP
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.
EVs Are on the Way, But Can AVs Keep Up?
Supply Chain Brain
APRIL 4, 2022
Advances in automotive technology aim to bring an end to the gasoline-powered internal combustion engine. Will the human driver be jettisoned along with it?
We’re BACK! 5 Reasons to attend 2022 Ivalua NOW DC: Stronger Together
ivalua
APRIL 19, 2022
We’re BACK! 5 Reasons to attend 2022 Ivalua NOW DC: Stronger Together. After almost 3 years, we are thrilled and more than ready to welcome our guests back to Ivalua NOW in Washington D.C! We cannot wait to connect with procurement leaders, innovators, customers, and colleagues in our beautiful nation’s capital! . 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.
Indirect & Consequential Loss
Procurement Templates
APRIL 9, 2022
I recently had to negotiate some terms and the clause for indirect and consequential loss popped up. As a buyer I want to ensure that all loses are remedied but from a suppliers perspective they want to limit any loss that is indirect & consequential and often want to remove this. Sometimes the clause is joint sometimes parties disagree. I had to go away and think about how I wanted to play this one.
How Supply Chain Digitalization Can Address Supply Chain Disruptions
All Things Supply Chain
APRIL 4, 2022
Industry 4.0 revolutionized many industries, and now it’s being applied to supply chains. Dubbed Supply Chain 4.
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
Difference Between Procurement and Vendor Management
ProcurePort
APRIL 26, 2022
• The procurement function is among the most critical processes in most organizations. • The procurement function entails identifying goods and services required by the organization, inquiring about their availability, and assessing suppliers based on quality, cost, and delivery conditions. • Below, we take a refined look at the difference between procurement and vendor management. […].
7 Reasons to Hire a Supply Chain Consulting Firm
SCMDOJO
APRIL 15, 2022
The first question you may probably be thinking is, why do I really need to hire a Supply Chain Consulting Firm? As a business leader or senior manager in a firm that does not typically use supply chain consulting solutions, you may wonder what additional value or experience can be offered. It can be a minefield and sometimes not overly obvious how to justify whether you need to hire such a firm, this blog will address this with providing 7 reasons to hire a supply chain consulting firm.
Three Keys for Achieving Supply Chain Resilience
Supply Chain Brain
APRIL 19, 2022
Supply chain professionals have never had more tools at their disposal, nor a more prominent stage to engage with their corporate leadership teams on risk mitigation and business continuity planning.
5 Top Tips: How to Increase Procurement Agility in Financial Services:
ivalua
APRIL 12, 2022
5 Top Tips: How to Increase Procurement Agility in Financial Services. Financial Service Institutions (FSIs) face an increasingly volatile business climate as lending profits dwindle and digital competition rises. As well-established institutions feel the ever-increasing weight of regulation on their operations, newer banks entering the marketplace are not experiencing the same constraints.
The Evolution of Control Towers to Command Centers
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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.
5 Steps Towards Digital Supply Chain Transformation!
Supply Chain Game Changer
APRIL 1, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is a Digital Transformation? Here we present five important steps for all individuals that are interested in digital supply chain transformation to help you attain success despite the numerous challenges that you are likely to experience. In a digital supply chain, the different foundations are created using web-based elements.
Top Supply Chain Fails and what we can learn from them
All Things Supply Chain
APRIL 25, 2022
Supply chains can be very complex and sometimes it doesn’t take much for them to go wrong.
A New Reality for Oil and Gas Procurement and Supply Chains
ProcurePort
APRIL 21, 2022
• The oil and gas procurement has endured some turbulent times over the last 24 months. In 2020, the world witnessed record low prices as the demand for oil and gas reduced dramatically due to lockdowns. • Fast forward to 2022 and the world is dealing with a geopolitical crisis in Eastern Europe where Russia […]. The post A New Reality for Oil and Gas Procurement and Supply Chains appeared first on ProcurePort Blog.
How To Create A Logistics Resume – Tips & Example
SCMDOJO
APRIL 22, 2022
A well-written logistics resume that satisfies the needs of potential employers increases your chances of being recruited and securing the job of your dreams. Warehousing and transferring items to and from clients is part of your job description as a Logistician. You can improve your resume with logistics if you want to be noticed by recruiters. This resource includes a logistic resume writing guide to help you get the job you desire!
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
The Supply Chain Ripple Effect of Digital Labels
Supply Chain Brain
APRIL 13, 2022
Taking a holistic view, executives are looking to implement technology and processes that enable resilience not only to address the current supply chain landscape, but to future-proof for the next set of challenges.
Ivalua Further Grows its Procurement Solution Business in Canada
ivalua
APRIL 11, 2022
Canadian-based TELUS implements Ivalua’s EPS solution to digitize the entire end-user buying process. Redwood City, CA, April 11th, 2022 – Today, Ivalua – a leading provider of global Spend Management Cloud solutions , and Optis Consulting – a trusted implementation partner, announced that world-leading Canadian communications technology company, TELUS, has successfully implemented their electronic procurement solution (EPS) to digitize TELUS’ entire end-user buying process. .
Yield Farming From A to Z!
Supply Chain Game Changer
APRIL 27, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Can Decentralized Finance Revolutionize the Financial Segment? This article will explain the basics of yield farming and how you can earn from it. In the past few years, Decentralized Finance (DeFi) has become one of the most important areas in the field of cryptocurrencies, while yield farming is one of the key ways traders make money in this segment of the crypto market.
Supply Chain Weekly Wrap-Up 04/22/2022-04/28/2022
All Things Supply Chain
APRIL 29, 2022
Indonesia announces palm oil export ban The world’s top palm oil producer, Indonesia, has revealed plans to ban exports of the most commonly used vegetable oil in a shock move…
Load Optimization: A Sustainable Way To Reduce Transportation Costs
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Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.
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