February, 2021

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Why Supply Chain Transparency is Becoming More Dominant in 2021

All Things Supply Chain

Intro Transparency throughout the supply chain is likely to dominate in 2021 and beyond, as consumers look for brands that can build trust, provide authentic and credible products, and create…

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ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

ERP vs. Best-in-Class for Healthcare Supply Chain Management? They both do the same thing, or do they? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care?

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How an Effective Category Strategy Can Improve Procurement

ProcurePort

The reason that local phone numbers are seven digits is actually psychological and scientific. The human brain, on average, is only able to remember between 6 and 9 digits in a sequence when only seeing or hearing that sequence once. In other words, our brain’s ability to capture and reiterate information dictated the way we […]. The post How an Effective Category Strategy Can Improve Procurement appeared first on ProcurePort Blog.

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Supply Chain Maturity Model – Basics You Must Know

SCMDOJO

There are quite a few supply chain maturity models. These models attempt to drive best practices in Supply Chain Management. One basic idea behind the supply chain maturity model is that increased supply chain maturity will lead to improved supply chain performance, which in turn will lead to improved financial performance. But we all know. Continue reading.

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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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Three Reasons to Prioritize Supply-Chain Sustainability This Year

Supply Chain Brain

Within the supply chain, many businesses are acknowledging the many benefits that sustainable operations offer, and are pushing to advance their green initiatives.

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What is a Digital Transformation?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is the Digital Supply Chain? Get Our EBook here. Digital transformation article and permission to publish here provided by Bryce Boothby. For some time, I’ve been reading, watching and following the white papers, case studies, and countless webinars put on by keen minds about digital transformations.

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How Green Supply Chain Strategies will help your Company Grow

ivalua

What are Green Supply Chain Strategies? A recent survey that Ivalua did in the UK, “ Gaining the green view, How smart procurement can kick-start sustainability initiatives ” showed that 87% of UK businesses see “greener” supply chains as a competitive advantage. This may seem applicable for businesses where their business model is focused around promoting their green credentials, such as Everlane , who promote their green credentials strongly, such as moving all cotton production t

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What is a Japanese Auction?

ProcurePort

Sourcing and procurement can be complex endeavors. This is why alternative negotiation approaches have been devised. You may already be familiar with the Dutch auction, Vickery auction, reverse auction, and multi-attribute reverse auction, but have you heard of the Japanese Auction? In an ever-increasingly competitive business environment, chief procurement officers and their teams must be […].

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The agile supply chain is back in trend. But this time it’s for real!

Supply Chain Trend

My mum used to say that if you wait long enough, the same things will come back in to fashion. I suppose that is also true when you blog long enough about supply chain. In 2012 I wrote a short blog about demand driven & agile supply chains , which seems to be all the hype back then. Some of the quotes I picked up from social media then; ‘ you have to be agile to survive in today’s global competitive environment ’ and ‘ you’re agile or you’re dead!’.

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U.S. Retailers See Millions in Sales Delays Amid Shipping Logjam

Supply Chain Brain

Overwhelmed U.S. ports, elevated freight costs and accidents that sent goods plunging to the bottom of the ocean are causing headaches for U.S. retailers already reeling from the pandemic.

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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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Featuring Our 12 Best Global Process Excellence ™ Articles!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Get Our EBook here. The company I had just joined had over two dozen logistics and distribution facilities around the world. While there were a lot of great people in those operations they had little interaction with their peers around the globe. But best global process excellence procedures were nowhere to be seen.

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Costs or Emissions? The crucial question in vehicle logistics

All Things Supply Chain

“We are running the most dangerous experiment in history right now, which is to see how much carbon dioxide the atmosphere can handle before there is an environmental catastrophe.

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10 Key Issues The Hackett Group Says Will Impact Supply Chain Transformation in 2021

ivalua

What Will Impact Procurement Processes in 2021? Supply Chain Transformation is ongoing but never more important than in 2021. Every year, The Hackett Group surveys global organizations to better understand their top priorities. The research encompasses organizations across industries and sectors, with focus on North America and EMEA. While 2020 introduced unprecedented challenges for procurement organizations as they struggled to maintain business continuity and keep supply chains operational,

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What are Sealed Bid Auctions?

ProcurePort

Do you ever miss the old days of pen and paper? The lost art of letter-writing? Carefully folding a note full of beautiful flowing prose so it fits snugly into its envelope, only to be sent off to the eventual recipient. Well, if you’re looking for that bit of nostalgia sealed bid auctions might be […]. The post What are Sealed Bid Auctions? appeared first on ProcurePort Blog.

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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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Inventory Replenishment Strategies that Increase Profits

EazyStock

What is Inventory Replenishment? Inventory replenishment is the process of moving stock items along the supply chain to ensure inventory levels are sufficient to cover demand. Effective inventory replenishment processes ensure that order fill rates can be achieved while keeping inventory carrying costs under control. Inventory Replenishment Strategies to Boost Profitability.

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New Class of Online Grocery Shoppers Brings Fresh Industry Demands

Supply Chain Brain

Food retailers are in a prime position to capitalize on Covid-related changes in purchasing behavior, and these three digital strategies will help retain customer loyalty in the long term.

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10 Considerations Before You Buy Cryptocurrency!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Comparing the Most Popular Crypto Exchanges! Get Our EBOOK HERE. Buy cryptocurrency article and permission to publish here provided by Dean Miller. Remember the quote from the prominent investor Warren Buffet? It says, “Never invest in a business you cannot understand.” The term business doesn’t only revolve around the office or business conferences.

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Supply Chain Weekly Wrap-Up 02/12/2021 – 02/18/2021

All Things Supply Chain

Brexit causing supply problems for small UK manufacturers New post-Brexit trade restrictions have increased the cost of parts and raw materials for two thirds of small British manufacturers, a survey…

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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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Paris 2021 – FR – Bulgari Keynote – 4-35pm

ivalua

L’impact des technologies émergentes sur les processus Achats : La gestion du changement en tant que composante de la transformation digitale. À une époque où les technologies émergentes transforment les processus Achats, il est fondamental que les responsables de la gestion du changement comprennent le véritable impact sur les utilisateurs finaux, et qu’ils anticipent et surmontent les éventuels défis pour gérer plus efficacement le changement.

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eRFP: What it is and How it Works

ProcurePort

The procurement industry is changing rapidly owing to the wide-spread adoption of new technologies. Procurement officers are embracing this change because automation is allowing them to be more efficient. An example of software that’s eased life for enterprises is eRFP. But what is eRFP and how exactly does it work? What Is eRFP? eRFP is […]. The post eRFP: What it is and How it Works appeared first on ProcurePort Blog.

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JAGGAER’s Human Equity Project Leader Gives Her Story on the Movement

Jaggaer

The post JAGGAER’s Human Equity Project Leader Gives Her Story on the Movement appeared first on JAGGAER.

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Does the ‘New Normal’ Need a New Breed of Warehouse Manager?

Supply Chain Brain

As we tackle the global pandemic era of warehouse management, many are starting to question if we require a new breed of manager to navigate our faster-moving environment.

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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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Retail Startup Tips When Choosing a Shipping Solution!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 22 Tips for Offering Profitable Free Shipping! (Infographic). Shipping solution article and permission to publish here provided by Rashmi Sharma. After the eCommerce boom in 2020-21, the number of global digital shoppers is predicted to hit 2.05 billion U.S. dollars from 1.32 billion U.S. dollars in 2024.

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Supply Chain Weekly Wrap-Up 02/19/2021 – 02/25/2021

All Things Supply Chain

Winter storm in Texas causes severe food supply chain disruption Stock at grocery stores were running low as winter storms crippled Texas state and left millions without power, as well…

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Accounts Payable Superheroes, It’s Time to Empower your Suppliers

ivalua

Why does Accounts Payable Need Heroes? When the pressure is on the last thing you need is that unwanted distraction. In Accounts Payable, it’s the Supplier inquiry. However, could this interruption by your supplier be turned into an automation opportunity. Recent data from the Hackett Group reveals that AP teams that provide self-service capabilities to suppliers can achieve Superhero status by reducing inquiries by 49% and saving 50% on master data management costs.

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Procurement and Supply Chain Management: What’s the Difference?

ProcurePort

Here’s a question for you: Do you know the difference between procurement and supply chain management? We ask because the terms are so often misused. The better you understand the role of each of these practices, the more effectively you can communicate with stakeholders along the value chain. Not only that, but a good grasp […]. The post Procurement and Supply Chain Management: What’s the Difference?

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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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Transforming the Grocery Shopping Experience with Last Mile Delivery

Solvoyo

It was mid-March when my flatmate and I burst into a panic as the first cases of COVID-19 were officially announced. Both of the companies we were working for abruptly told us to stay home and work remotely. In several days, the lockdown period started, and we were so anxious that we could neither buy any groceries from supermarkets nor order food from restaurants. .

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Shippers Need Alternatives to West Coast Port Congestion

Supply Chain Brain

In this conversation with SupplyChainBrain Editor-in-Chief Bob Bowman, Jason Totah, president of Odyssey International Services, Inc., discusses alternatives to bringing cargo through overtaxed West Coast ports.

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Common Photocopier Problems and How to Fix Them!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How to Maintain a Photocopier! Common photocopier problems article and permission to publish here provided by Daniel Calvin at number1officemachines.com.au. There is no doubt regarding the obvious necessity of a photocopier – you just cannot do without them! Buying a photocopy machine is a big job, like it rightfully should be!

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Reshoring – A risk worth taking?

All Things Supply Chain

Reshoring supply chains is currently high on the political agenda. However, while there may be merits for some businesses in reshoring, it is far from risk-free.

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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.