All Things Supply Chain

APRIL 11, 2022

*Disclaimer – This isn’t a commercial blog post.* Back in 1940, brothers Richard and Maurice McDonald, founded McDonalds in San Bernardino, California, USA.

Supply chain 290

Supply chain Supply Sustainability Suppliers 290

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 […].

Supplier relationship management 147

Supplier relationship management Suppliers Management Price 147

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.

Quality 130

Quality Data Supply chain Supply 130

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.

Procurement 130

Procurement 130

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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.

Supply Chain Optimization

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.

Purchasing 130

Purchasing Supply Chain Optimization Supply Chain Efficiency Supply chain 130

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

Supply Chain Efficiency 141

Supply Chain Efficiency Bidding Procurement team supply chain software solutions 141

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 […].

Vendor management 130

Vendor management Management Procurement Risk management 130

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.

Chief Procurement Officer 130

Chief Procurement Officer Supply Chain Optimization Eprocurement Innovation 130

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.

Supply Chain Efficiency 140

Supply Chain Efficiency Supply chain Supply chain management Supply chain management 140

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.

Contract 130

Contract Negotiation Buyers Suppliers 130

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.

Supply chain

SCMDOJO

APRIL 27, 2022

Managing the flow of goods within the apparel industry requires an extensive and well-established supply chain network. Since this particular industry is insanely fast-paced, any problem within the supply chain can lead to a loss of sales for the business. Supply chain management can really be a deal-breaker for an apparel business. The management of resources in the hands of a business is no small deal.

Supply chain management 138

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 138

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…

Export 246

Export Supply chain Supply Innovation 246

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 […].

Purchasing 130

Purchasing Procurement Import 130

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.

Procurement 130

Procurement Procurement team Risk management Risk 130

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

Bidding

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.

Supply chain resilience 131

Supply chain resilience Supply chain Leadership Supply 131

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.

Supply Chain Efficiency 128

Supply Chain Efficiency Supply chain Supply chain management Supply chain management 128

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!

Logistics 137

Logistics Raw materials Supply Chain Efficiency Supply Chain Optimization 137

All Things Supply Chain

APRIL 14, 2022

China’s vehicle sales drop as COVID-19 restrictions are put in place Car sales in China fell by over 10% last month as automakers continue to struggle with factory closures due…

Supply chain 246

Supply chain Supply Export 246

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.

Supply Chain Optimization

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. […].

Vendor management 130

Vendor management Management Procurement Quality 130

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. .

Procurement solutions 130

Procurement solutions Chief Procurement Officer Procurement Buying process 130

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.

Supply chain 131

Supply chain Supply 131

Supply Chain Queen

APRIL 28, 2022

“Sustainability is not someone else's problem,” begins Hinish. “More than 50% of CEOs believe that business leaders must take responsibility for the business impact on communities in which they operate.” However, there still remains a gap when it comes to strategy leading to action. According to Hinish, 86% of CEOs have a sustainability strategy, but only.

Sustainability 100

Sustainability Supply chain Strategy Procurement 100

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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.

Real-time Visibility

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.

Supply Chain Efficiency 137

Supply Chain Efficiency Supply chain Real-time Visibility Supply 137

All Things Supply Chain

APRIL 8, 2022

Sunflower oil supply disruptions causing havoc for supply chains The recent invasion of Ukraine has led to disruptions of almost half of the world’s sunflower oil exports, meaning companies are…

Supply chain 246

Supply chain Export Supply 246

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.

Supply chain 130

Supply chain Procurement Supply Price 130

ivalua

APRIL 7, 2022

Ivalua NOW Paris Day 1 + 2 Recap . Shaking hands, sharing ideas, having a laugh, and a glass of champagne (or two)…we are renewed, recharged, and re-energized from Ivalua NOW Paris! Ivaluans, customers, sponsors, and prospects gathered at the exquisite Musée du quai Branly – Jacques Chirac to meet, exchange ideas, and collaborate in-person! Below, we’ve summarized Day 1 and Day 2, but stay tuned for video recaps and more photos from Paris!

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Chief Procurement Officer Supply Chain Efficiency Sustainability 130

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

Sustainability

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?

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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 116

Supply chain Risk Price Import 116

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.

Management 137

Management 137

All Things Supply Chain

APRIL 20, 2022

Recent advances in voice AI are changing the voice picking experience for everyone: pickers, developers and enterprises.

supply chain software solutions 299

supply chain software solutions Supply chain Supply 299

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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.

Supply Chain Optimization