April, 2021

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How satellites and AI help achieve zero deforestation in supply chains

All Things Supply Chain

Maintaining a sustainable supply chain can seem like a daunting task, especially if you’re an FMCG company needing to communicate with suppliers, traders, growers and farmers.

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Transform Your Source to Pay to a New Level of Efficiency & Effectiveness

ProcurePort

Are you looking for the best practices that will improve the efficiency and effectiveness of your s2p services? The fastest way to do this is to transform your s2p process through digitalization. We’re talking automation by incorporating some of the leading emerging technologies into your daily operations. Not only does adopting robust artificial intelligence programs […].

Sourcing 147
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The Sustainable Procurement Pledge + Making Circular Supply Chains Real with Thomas Udesen, CPO of Bayer and Co-Founder of SPP.Earth

Supply Chain Queen

We all have a role to play in the decade of our lives to reach the 2030 SDG vision. Procurement professionals though have a unique opportunity controlling about $8.3T of world trade in materials flow and services annually. In one of the most inspiring episodes to date, Thomas Udeson, Chief Procurement Officer at Bayer and. Read more. The post The Sustainable Procurement Pledge + Making Circular Supply Chains Real with Thomas Udesen, CPO of Bayer and Co-Founder of SPP.Earth appeared first on Supp

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Delivering Value Through Cross-Function Collaboration

ivalua

The Pixar building is one of the most vivid examples of how successful companies value cross functional collaboration within their organisation. The building was originally planned by Steve Jobs as three separate buildings for the computer scientists, animators and executives at Pixar; but he realised that the building layout could maximise the collaboration between all different parts of the organisation. .

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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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Shipping Containers Are Falling Overboard at a Rapid Rate

Supply Chain Brain

Containers piled high on giant vessels carrying everything from car tires to smartphones are toppling over at an alarming rate, sending millions of dollars of cargo sinking to the bottom of the ocean as pressure to speed deliveries raises the risk of safety errors.

Risk 145
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What is Indirect Procurement? – All You Need To Know

SCMDOJO

What is Indirect Procurement? I have discussed this topic briefly with Procurement Expert Richard Beaumont in this episode of The Supply Chain Show. In this blog, we dig deep to answer these questions. Topics Covered: Knowing that procurement is a complex business function that varies from an organization to another, and is unknowingly linked to. Continue reading.

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How COVID-19 is Reshaping the Pharmaceutical Supply Chain

ProcurePort

Getting FDA-approved medication to patients in a cost-effective manner every time is one of the objectives of key stakeholders across the United States pharmaceutical supply chain. It appears like a very simple thing to do. However, did you know that 72% of the manufacturing facilities thatmake the active pharmaceutical ingredients (APIs) used in the formulation […].

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Intelligent Supply Chain Technologies for the Future!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chain Investment Challenges – Real and Imagined! Intelligent Supply Chain technologies article and permission to publish here provided by Dan Weinberger , UN Supply Chain Expert and CEO of Morpheus Network. Amid the thick covid-clouds, organizations are preparing to make their way back to regular business to maximize profitability and make up for the lost time.

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Working Capital: Leverage Spend to Improve Capital Efficiency  

ivalua

Your organization’s total spend is a powerful tool to wield. Leveraging purchasing power to capture volume- based pricing within a competitive supply chain builds sticky relationships with healthy suppliers, keeps input costs low, and acts as a hedge against inflation. If we apply the adage of, “Whomsoever holds the gold makes the rules”, we can further leverage this purchasing power to unlock working capital, improve capital efficiency, and generate savings.

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Watch: A Stress Test for Supply Chains, Part 2

Supply Chain Brain

David Simchi-Levi, professor of engineering systems at MIT, brings us up to date on the results of applying a supply-chain “stress test” to companies in multiple industries.

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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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6 Strategies To Make a Career Change To Supply Chain

SCMDOJO

A career in Supply Chain can be fun, creative, rewarding, and smart for the long term, so if you want to learn more about “How to Career Change To Supply Chain”, you are on right track! Businesses will always need supply chain professionals to manage the information flow & product flow of their products, no. Continue reading. The post 6 Strategies To Make a Career Change To Supply Chain appeared first on SCMDOJO.

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The Importance Of A Balanced Inventory Management System

All Things Supply Chain

Operating a warehouse requires knowing where inventory is at all times. Warehouse workers receive products, take orders and retrieve them from the shelves every day.

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What Is Supplier Performance Management? An SPM Guide

ProcurePort

Ever have that feeling where you just know something can be improved, but aren’t exactly sure how or what? That’s essentially the core of supplier performance management (spm). While that’s a relatively reduced example, the principle is mostly there. Supplier performance management is a continual business activity that involves the analysis and assessment of how […].

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All You Need to Know About Cryptocurrency!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. All you need to know about cryptocurrency article and permission to publish here provided by Jean Nichols. You need a way to swap your fiat currencies for crypt if you buy it for the first time. Users can purchase, sell, and retain cryptocurrencies via crypto exchanges. Currently, these organizations charge fees when ordering and withdrawing funds.

Price 98
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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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3 Ways Procurement Can Help Grow Revenues (Part 2)

ivalua

In part 1 of this blog I looked at how procurement can actually create new revenue opportunities. Here I’ll take a look at two other ways that procurement can help support growth. These are less revolutionary than the first but not used to their potential at most organizations. 2. Unlocking Supplier-Led Innovation. Supplier-led innovation can help increase margins, accelerate time to market and differentiate products/services to capture market share.

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Back to Basics: Improve Your Customer Experience while Reducing Costs

Supply Chain Brain

As demand for faster fulfillment surges, the sweet spot where customer experience meets cost efficiency gets smaller. Ballooning trip volumes, LTL capacity crunches, increasing fuel consumption, lack of driver availability and the need to scale self-service type delivery models pose significant operational challenges for 3PLs/carriers. To help you address these challenges, hear how global 3PLs/carriers efficiently balance customer experience and operational costs by leveraging intelligent delive

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AI Is Here to Automate the Knowledge Worker!

Supply Chain Trend

This article is my commentary on an article published in Foresight , written by the authors of the book Humachine: Humankind, Machines, and the Future of Enterprise (Sanders & Wood, 2020). For the original Foresight article and other commentary, you can go here. INTRODUCTION: A NEW ERA. The authors of The Humachine make a valid point that enterprises should not focus on artificial intelligence (AI) alone if they wish to leap forward in automation, productivity, and competitiveness while stay

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Right to Repair – How the European Union tries to extend the lifecycle of products

All Things Supply Chain

Technology is becoming more integrated into our daily lives, but the life span of devices is getting shorter.

Logistics 321
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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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What is Supplier Relationship Management (SRM)?

ProcurePort

There’s an old phrase that goes, ‘communication can’t be a one-way street.’ The saying applies to communication in all of its contexts really, from personal to professional or otherwise. The same principle applies directly to the pursuit of building long-lasting customer or client relationships in professional settings. Taking this a step further, it also is […].

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What is Bitcoin Selfish Mining?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is the Right Cryptocurrency Mining Software for You? Bitcoin selfish mining article and permission to publish here provided by Jean Nichols. Selfish mining is a method of mining crypto assets in which a gathering of miners band together to maximize their revenue and gain control over a blockchain. “Mining” relates to the procedure of endpoints throughout the cryptocurrency network validating and confirming tr

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Procurement strategies shifting to restore growth post-COVID-19, reveals Ivalua research

ivalua

Ensuring supply chain continuity, identifying new revenue opportunities, and improving decision making are key focuses as firms recover from the pandemic. 8 April, Redwood City, CA – Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on restoring growth.

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Higher Shipping Costs Are Here to Stay, Sparking Price Increases

Supply Chain Brain

Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass the extra costs on to consumers.

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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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Cambridge Utilizes Real-Time Visibility with Cloud Inventory®

SCMDOJO

Cambridge, an industry-leading producer, and distributor of paving stones and wallstones, has significantly improved its approach to inventory management through its transition to Cloud Inventory®, a mobile-first inventory management solution. Cloud Inventory provides real-time, accurate visibility and control across the supply chain, making it an easy choice for Cambridge, which sought to meet an ambitious rapid fulfillment.

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Supply Chain Weekly Wrap-Up 04/09/2021 – 04/15/2021

All Things Supply Chain

Rising jet fuel price puts extra pressure on airfreight sector The rising price of jet fuel this year is further burdening companies with airfreight shipments, and could reduce limited capacity…

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What is Source to Pay (S2P)?

ProcurePort

So, what is s2p? Glad you asked. Source to pay is one of the core processes alongside procure-to-pay that procurement teams rely on to ensure raw materials and required services are available as and when needed. Understanding the S2P life cycle is vitally important as it will assist you in devising a strong procurement strategy, […]. The post What is Source to Pay (S2P)?

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Writing an Impressive Resume!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Minute Job Interview Tips for Success! Impressive resume article and permission to publish here provided by Jessica Fender. The supply chain industry is highly competitive and crowded. People are fighting their way up the professional ladder, and it can be quite a challenge to secure your spot.

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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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Procurement Strategies Shifting to Restore Growth Post-COVID-19, Reveals Ivalua Research

ivalua

Ensuring supply chain continuity, identifying new revenue opportunities, and improving decision making are key focuses as firms recover from the pandemic. 8 April, Redwood City, CA – Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on restoring growth.

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Reducing Supply-Chain Disruptions Through Integrated Logistics

Supply Chain Brain

Supply-chain and logistics challenges fueled by the COVID-19 pandemic have demonstrated how transportation partners with integrated, flexible offerings can keep the supply chain flowing.

Logistics 133
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From Analytics to Action: The Technology Side of Category Management

Jaggaer

The post From Analytics to Action: The Technology Side of Category Management appeared first on JAGGAER.

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How to use Root Cause Analysis in Supply Chain Management

All Things Supply Chain

Most consumers realize that the products they purchase are the result of a global chain of suppliers and logistics.

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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.