June, 2019

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Believe It Or Not, Procurement Impacts Every Single Person

ivalua

Vishal Patel, VP Product Marketing, Ivalua. You’re probably wondering what i’m going on about here. It’s pretty simple, actually. If you live in a city, state or country, which everybody does, your life and the lives of your family and friends is impacted directly by Procurement. No, I’m not referring to the Procurement department of your company (although, if Ivalua has anything to do about it, there are lots of interesting things happening there too).

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Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is Supply Chain Management (SCM)? (Video). When I started my career the term “Supply Chain” had just been coined. As such it was many years before I actually heard of the term “Supply Chain Management” Regardless I pursued my interests and took on an increasingly diverse set of progressive jobs as time went on.

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How Automation Can Help Today's Warehouse Workers

Supply Chain Brain

The technology goes well beyond robots taking over tasks that were once done by humans.

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The New Lexicon for Digital Supply Chain Management

Supply Chain Collaborator

The leaders in supply chain management are all focused with intensity on achieving the promise of Supply Chain Digitization. Understand the terms and ideas being put forward by the early adopters of the amazing new digital supply chain technologies being harnessed by today’s leading practitioners. . There have been unprecedented advancements in technology over the last 20 years, occurring at a dizzying pace.

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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.

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June 2019 Automation Hero: Erwin van der Wouden of Araco

EazyStock

Erwin van der Wouden, supply chain manager at Araco, has automated the purchasing of more than 2000 SKUs. Name: Erwin van der Wouden. Title: Supply Chain Manager. Company: Araco International. Congratulations on the award, Erwin! Could you please tell me a little about your role and what processes or tasks have you automated at Araco? Thank you! I am the Supply Chain Manager at Araco International , a fast-growing wholesaler of promotional business gifts, based out of Enschede, the Netherlands.

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How Close Are We to Digital Transformation in Procurement?

Jaggaer

Key Findings from the JAGGAER 2019 Digital Procurement Survey. Despite all the talk of digital transformation in procurement, the JAGGAER 2019 Digital Procurement Report reveals little change since 2017. The report identifies the lack of budget and requisite IT skills, and lack of progress with data integration as well as lack of digital knowledge among procurement professionals themselves, as some of the most important obstacles to more rapid progress.

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What’s the Difference Between a Warehouse and a Distribution Center?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What’s the Difference Between Logistics and Distribution? I began my career with responsibility for, amongst other things, Warehouse space planning. With almost a dozen local and remote buildings used to store raw materials and finished goods I spent more than my share of time walking through Warehouses and up and down aisles of racking and shelving.

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Future Factories Will Impact the World Far Beyond the Factory Floor

Supply Chain Brain

Managers and workers are embracing digital technologies as the fourth industrial revolution reshapes the global economy.

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How to write an RFP that suppliers want to respond to

Ms. Category Management

Writing an RFP in the digital age is no easy task. Especially when you have lots of information to share. Find out how to write an RFP suppliers will WANT to respond to!

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Negotiation Tactics Essentials

Procurement Zen

Throughout the years I have learned a lot of negotiation tactics. In this blog posts I will show you the tactics that are successful. I will also reveal details and how you can counteract them if the other party applies them on you. So negotiations. Everyone does them. It doesn’t matter if you want it or not but we do it all the time. If you are in the procurement space (like I am) you do it more often.

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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.

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How to Use ABC Analysis for Inventory Management (and the Added Value of XYZ Analysis)

EazyStock

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis. But first here’s a quick reminder of what ABC classification of inventory is: ABC Analysis Definition.

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The Path to Greatness – Driving a Successful Transformation Across Global Procurement & Supply Chain

ivalua

The post The Path to Greatness – Driving a Successful Transformation Across Global Procurement & Supply Chain appeared first on Ivalua.

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How Social Media Benefits Supply Chain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chain as a Service (SCaaS)! Article written for, and permission to publish here provided by, Katie Russell at fronetics.com. If your supply chain company isn’t active on social media, know that your competitors are. Here are four ways social media can help the supply chain in improving processes and expanding your audiences.

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Should Procurement Fear or Welcome AI and Machine Learning Technology?

Supply Chain Brain

Your lengthy career in procurement has consisted largely of being beaten up by top management over the need to constantly cut supplier costs. Along comes digital technology to make your job easier — or take it away.

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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.

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Negotiation Donkeys – Quit Your Crying!

Ms. Category Management

It's 2019 and the Negotiation Donkeys are on my last nerve! Read more to hear what the top 5 common excuses are and what I think we should do moving forward.

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Deploy a Strategic Category Management Solution to Maximize ROI

Jaggaer

Defining Category Management. Category management has a decades-long history that has lead us to our modern understanding of procurement categories. Created in the 1980s, category management was originally the process of grouping products into categories based on how consumers used them. Originally created by marketing teams, category management helped retailers increase sales by minimizing unproductive competition between their own products.

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June 2019 Automation Hero: Erwin van der Wouden of Araco

EazyStock

Erwin van der Wouden, supply chain manager at Araco, has automated the purchasing of more than 2000 SKUs. Name: Erwin van der Wouden. Title: Supply Chain Manager. Company: Araco International. Congratulations on the award, Erwin! Could you please tell me a little about your role and what processes or tasks have you automated at Araco? Thank you! I am the Supply Chain Manager at Araco International , a fast-growing wholesaler of promotional business gifts, based out of Enschede, the Netherlands.

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Vinci Energies Chooses Ivalua Procurement

ivalua

The post Vinci Energies Chooses Ivalua Procurement appeared first on Ivalua.

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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?

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5 Impacts of Autonomous Trucking on Supply Chain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Truck Drivers – Unsung Heroes of the Supply Chain! (Infographic). Article originally published by, and permission to publish here provided by, Adam Robinson at www.cerasis.com. The flying car of the future might still be out of reach, but autonomous trucking is moving quickly into view for many businesses.

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Is Blockchain Primed to Transform the Supply Chain? A Nuanced Debate

Supply Chain Brain

What’s the current state and true potential of blockchain for the supply chain?

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3 Epic Business Faux Pas you’ll be happy didn’t happen to you!

Ms. Category Management

3 epic business faux pas that will make you cringe! Join me and laugh at my pain!

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Blockchain for Responsible Sourcing – Where Does It Fit?

SupplyShift

Blockchain is a revolutionary technology — without a doubt. The next-level security, transparency, and efficiency of blockchain technology will redefine many industries and business processes, especially those dealing with transactional data. It’s no surprise, then, that blockchain has created a buzz in the supply chain management industry. Does the vast potential of this promising technology mean that companies of all sizes and stages should be rebuilding their responsible sourcing systems from

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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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How to Use Big Data Analytics to Drive Business Value in Procurement Forward (Part 1)

Jaggaer

JAGGAER InsideSpend Thought leadership Series – In this blog series, we profile leaders in the procurement industry. We hope their insights and experiences inspire you to achieve greatness in procurement. A conversation with Walter Charles, Chief Procurement Officer at Biogen. . As we gear up for REV2019 , we’re revisiting this interview with Walter Charles, CPO of Biogen, who sat down with us at last year’s REV event to discuss the procurement challenges and trends facing manufacturin

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Measuring Public Procurement Value, Part 2

ivalua

The post Measuring Public Procurement Value, Part 2 appeared first on Ivalua.

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Maritime Industry in Search of Blockchain Orchestrator!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is Blockchain? And How Does it Work? (Infographic). Article originally published by, and permission to publish here provided by, Jenis Sheth. A current topic of focus in the maritime technology space is Blockchain and how it is going to transform commercial operations. The Blockchain platform is a distributed ledger which records transactions between parties in a verifiable and, most importantly, permanent way by using a

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Three Advancements in Smart Logistics Worth Watching

Supply Chain Brain

Many companies are failing to realize the true value of technology for monitoring and improving their logistics operations.

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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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How to Use ABC Analysis for Inventory Management (and the Added Value of XYZ Analysis)

EazyStock

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis. But first here’s a quick reminder of what ABC classification of inventory is: ABC Analysis Definition.

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Blockchain for Responsible Sourcing – Where Does It Fit?

SupplyShift

Blockchain is a revolutionary technology — without a doubt. The next-level security, transparency, and efficiency of blockchain technology will redefine many industries and business processes, especially those dealing with transactional data. It’s no surprise, then, that blockchain has created a buzz in the supply chain management industry. Does the vast potential of this promising technology mean that companies of all sizes and stages should be rebuilding their responsible sourcing systems from

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It’s an Inside Job: The Dirty Little Secret of Sourcing Fraud

Ms. Category Management

Sourcing Fraud. It's the dirty little secret and epidemic sweeping small businesses. So why haven't we heard more about it? Read more to find out.

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Executing a successful procurement transformation

ivalua

The post Executing a successful procurement transformation appeared first on Ivalua.

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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