March, 2019

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The Science and the Art of Procurement

ivalua

As we move towards a new decade is the emphasis in the procurement world changing – are we going to see a new age, where the Art of Procurement comes to the fore? Much of our focus in the last twenty years or so within the procurement profession and within our specific procurement functions has been on what we might call the “Science of Procurement”.

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Six Steps to a More Ethical and Sustainable Supply Chain

Supply Chain Brain

Consumers are more conscientious about their purchases than ever before. They expect organizations to meet a certain set of ethical standards, and supply chains aren’t exempt from scrutiny.

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Ready or Not, Blockchain Is Coming to Supply Chains

Supply Chain Collaborator

Everyone’s talking about the potential and promise of blockchain and other bleeding edge tech tools for “supply chain digitization”. Yet, many logistics and transportation pros are asking why, in practical terms, they should explore and embrace blockchain technologies ahead of more pressing and less esoteric logistics IT initiatives. Supply chain digitization is a killer use case for blockchain and it is coming to supply chain management.

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The Future of Food: 6 Ways IoT is Impacting Food Supply Chains

The Network Effect

The Internet of Things (IoT) is changing the way the world thinks about food. Consumers now have the option of. The post The Future of Food: 6 Ways IoT is Impacting Food Supply Chains appeared first on The Network Effect.

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

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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Can Blockchain Unblock Supply Chain?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What Exactly is Blockchain? And How Does it Work? (Infographic). Article written by, and permission to publish here provided by, “SK” Sanjeev Kumar Roy at [link]. When people hear about Blockchain technology they think of “Bitcoin” and because of this association – The underlying Blockchain technology has been always been viewed suspiciously due its rather radical approach to data sharing on an open platform

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They Bought WHAT? Fascinating Finds from Our eProcurement Catalog

Jaggaer

It’s National Procurement Month. That’s a real thing. It has a hashtag: #CelebrateProcurement. We celebrate procurement every day at JAGGAER, but we still felt like the month deserved a little fun recognition. So with that, we bring you the oddest, most outlandish, strangest and weirdest-sounding items customers source through our eProcurement catalog.

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The Truth About Supply Chain Costs From a Logistics Perspective

Supply Chain Brain

Let's assume you have a successful product, a well-developed brand and a seamless manufacturing process. Now, you’re ready to take your product to the international stage.

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4 Ways To Improve Procurement For Increased Customer Satisfaction

Slimstock

Andrew Thomas, founder of Skybell Video Doorbell, reports that it takes roughly 40 positive customer experiences to undo the damage of a single negative review. With stats like that, it’s easy to see why customer satisfaction influences customer loyalty, retention, and even your ability to attract new customers. If one element of a business’ product or service dissatisfies a customer, the rest of the business can suffer, majorly impacting your bottom line.

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March 2019 Automation Hero: Kevin Skau of Design Ready Controls

EazyStock

About Kevin: Kevin Skau is the Chief Operating Officer of Design Ready Controls , a control panel manufacturer headquartered in Minneapolis, Minnesota – designing and manufacturing control panels for high-volume OEMs in a variety of industries. Congratulations on the award, Kevin! As Automation Hero, what processes or tasks have you automated at Design Ready Controls?

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What’s the Difference Between Commodity Management and Category Management?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Procurement (and Purchasing) Job Interview Questions & Answers. For a considerable portion of my career I have worked in the Manufacturing and Logistics/Distribution Industries. In these industries a segment of the Procurement organization is called Commodity Management. However when I entered the Retail industry the group largely responsible for Procurement, amongst other things, was called Category Management.

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

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.

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4 Forces to Drive Your Supply Chain Transformation

The Network Effect

It’s a very interesting time in supply chain. There are a number of exciting technologies coming together to create new. The post 4 Forces to Drive Your Supply Chain Transformation appeared first on The Network Effect.

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Cognitive Data Capture – Setting a New Baseline to Digitize Invoices

ivalua

By Christopher Bourez. Many providers in the market talk about leveraging machine learning to capture and digitize information such as that from an invoice. The truth is that the improvement in accuracy that machine learning can offer really varies widely – they are not all made equal. For example, some may call a rule-based engine machine learning.

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How Predictive Analytics and the Gig Economy Can Bridge the Supply Chain Skills Gap

Supply Chain Brain

The automotive manufacturing supply chain has become almost too massive to manage, leaving manufacturers and suppliers with the challenge of finding qualified workers with the skills to identify and prevent quality risks.

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What’s Your Level of Transparency in Discussions with Sourcing Peers?

Ms. Category Management

A blog from Ms. Category Management on the level of Transparency in Discussion with Sourcing Peers.

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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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A Digital Value Network Needs an Accelerated “3-D” Cycle (powered by Incorta)

Supply Chain Action Blog

Photo licensed through iStockphoto. The strength of any chain is defined by its weakest link. A supply chain, or as I prefer to say, a value network, is similarly constrained. By orchestrating the flow of material, information and cash through your value network, you can prevent negative business impact from weak links by detecting anomalies, diagnosing their causes, and directing the next best action before there is a serious business impact.

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What is Demand Sensing?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Solving the Out of Stock Problem! (Infographic). Article originally published by, and permission to publish here provided by, Dave Joseph at [link]. Understanding more about the needs and wants of customers can help supply chain leaders make informed decisions, improve inventory management, and increase profitability.

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Multi-Enterprise Network Platforms vs Pseudo Networks

The Network Effect

The promise and the perils of choosing a multi-enterprise supply chain network We’re almost two decades into the 21st Millennium, The post Multi-Enterprise Network Platforms vs Pseudo Networks appeared first on The Network Effect.

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How the Procurement Department will evolve in 2019 and beyond

ivalua

Every year, The Hackett Group conducts an in-depth key issues study. The latest study focuses on Procurement’s transformation journey including the goals and obstacles limiting progress. Further, to bridge the digital transformation gap, the report digs into technologies that an increasing number of Procurement organizations are planning to adopt over the next 1-2 years.

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

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.

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Operations in Flight: How Drones Are Revolutionizing Transportation and Logistics

Supply Chain Brain

Drone technology is enhancing operations, worker productivity, business profitability and more.

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Strategic Sourcing in the Stone Ages

Ms. Category Management

Check out my new blogs from 2019; Strategic Sourcing in the Stone Ages by Ms Category Management.

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When Worker Voice is Only a Whisper

SupplyShift

To engage with the most vulnerable in your supply chain, start by evolving your company’s culture. There are a number of organizations doing great work to uncover slavery and engage workers within their supply chain. As an industry we have become quite adept at knowing the signs of slavery and setting targets to improve practices within the supply chain.

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Trust! The “X” Factor!

Supply Chain Game Changer

Subscribe Here! Email Address. 6 Reasons Supply Chain Employees Look For New Jobs! What’s the difference between a productive, healthy, high performing organization and a toxic, destructive, and volatile organization? Trust! Or rather, the lack thereof! I have, as have others, joined companies and have taken new jobs based on trust. I have, as have others, left companies and have left jobs based on distrust.

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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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Tips for Attracting and Retaining Top Talent

The Network Effect

Recruiters spend countless hours and thousands of dollars in resources bringing in job candidates, but what happens once you’ve hired. The post Tips for Attracting and Retaining Top Talent appeared first on The Network Effect.

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Unlocking Innovation from Your Supply Chain – Lessons from Formula 1 Racing

ivalua

Afrika Morris, Senior Field Marketing Manager UKI at Ivalua. On February 12 Ivalua hosted Senior Procurement and Supply Chain Professionals gathered for an Exclusive Dinner on the 34th floor of The Gherkin with F1 Veteran and Status Grand Prix Founder, Mark Gallagher. The theme of the evening was “Unlocking Innovation from your Supply Chain” with presentations and discussion focused on insights, knowledge sharing and learning from the F1 Grand Prix Pit Stops.

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The Science of Microbiome Analytics: DNA Detectives Tackle the Supply Chain

Supply Chain Brain

The type of forensic techniques that detectives have long deployed to solve crimes can now be used to identify the origin of manufactured goods in the supply chain.

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8 Ways to Make Your Fulfillment Center Run More Efficiently

EazyStock

This is a guest post contributed by Halle Summers. Halle is a Marketing Coordinator for FASTENation Inc. When she isn’t writing blog articles, she enjoys spending time in downtown Charleston, South Carolina and all the amazing food her hometown has to offer. Almost all fulfillment centers want to improve pick and pack efficiency. Supply Chain 24|7 reports that up to 50 percent of labor resources at a fulfillment warehouse are often dedicated to the picking-to-shipping process.

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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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When Worker Voice is Only a Whisper

SupplyShift

To engage with the most vulnerable in your supply chain, start by evolving your company’s culture. There are a number of organizations doing great work to uncover slavery and engage workers within their supply chain. As an industry we have become quite adept at knowing the signs of slavery and setting targets to improve practices within the supply chain.

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9 Steps to Create a Seamless Customer Shipping Experience!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. On Time Delivery – Get that right First before all else! Article originally published by, and permission to publish here provided by, Valerie Castro at [link]. There is no denying the fact that the rise of e-commerce has changed the buying habits of consumers. Gone are the days when folks would have to go to physical stores to purchase what they need.

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10 Best Practices for Working with Freight Brokers

The Network Effect

How to get the most value out of your freight broker and foster a productive relationship An important factor in. The post 10 Best Practices for Working with Freight Brokers appeared first on The Network Effect.

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The final countdown to Brexit has begun

ivalua

In less than a month, the UK is scheduled to leave the European Union, meaning the end of the freedom of movement and goods, and many of the regulations UK and European businesses have come to benefit from over the decades. Despite this major overhaul to the business environment, organisations are still no closer to understanding what kind of Brexit the UK will end up with.

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The Ultimate Guide to Transportation and Load Building Optimization

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.