March, 2019

article thumbnail

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”.

article thumbnail

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.

Ethics 111
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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

article thumbnail

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?

More Trending

article thumbnail

Operations in Flight: How Drones Are Revolutionizing Transportation and Logistics

Supply Chain Brain

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

Logistics 109
article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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?

article thumbnail

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.

Data 124
article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

Demand 51
article thumbnail

Simplicity is beauty in the crazy world of procurement automation

Claritum

Claritum Article - Procurement Blog. Contents. 1. Introduction. 2. Crazy World of Procurement. 3. Automation in this Crazy World. 4. Single or multiple eProcurement platforms? 5. Summary. 6. Further Reading. 1 Introduction. Assessing procurement automation solutions and service providers often includes comparison of features and functions, with weighting being given to those systems that have more features.

article thumbnail

Hutchinson Successfully Deploys Ivalua to Facilitate Purchasing Team Activity Internationally

ivalua

Ivalua’s suite will enable the strengthening of internal collaboration between the various Group Procurement entities around the world by industrializing and improving reliability of the Chemicals Price List Publication processes. London, UK – March 26, 2019 – Ivalua, a leading provider of global Spend Management Cloud solutions, and the Chemical Purchasing Department of the Hutchinson Group , a world leader in technologies for vibration control, fluid management systems and sealing

article thumbnail

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?

article thumbnail

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.

Logistics 100
article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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

article thumbnail

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.

article thumbnail

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.

article thumbnail

How to Grow Sustainability in the Supply Chain

Supply Chain Brain

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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