September, 2021

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The Benefits of Using Purchase Order Software

ProcurePort

A purchase order is an initial offer by a buyer to the seller, indicating the quantities, types, quality, and agreed prices for products or services. The purchase order is used to control spend, and provide an overview of all the requested supplies and their product details. The Boston Consulting Group estimates that businesses gain a […]. The post The Benefits of Using Purchase Order Software appeared first on ProcurePort Blog.

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Sheri R. Hinish Named Number 1 Leader in Supply Chain by Supply Chain Digital

Supply Chain Queen

Today, I share a distinguished honor with other leaders I respect and admire being named the Top Leader in Supply Chain Digital’s supply chain leaders 2021 list. And as you explore the list, this stands out…the composition and representation of folks highlighted, especially in the Top 10.This tells a story that describes why diversity and equity. Read more.

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Asian Paints Successfully Digitizes the Source to Contract Process in Collaboration with Ivalua & Durvah

ivalua

Rapid Optimization of Contract Management, Supplier Management and Direct Materials Sourcing. Redwood City, CA September 21 , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions , today announced that Asian Paints successfully deployed Ivalua’s Contract Management and Supplier Information solutions to enhance their strategic sourcing processes.

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Top 16 Procurement KPIs – The Ultimate Guide

SCMDOJO

Nowadays, no one could deny that, businesses today expect procurement teams to drive value beyond cost savings. As a consequence, procurement leaders are constantly looking for ways in order to enhance their procurement process and make it more sustainable. However, they don’t want to form any decisions without the proper data. And so, they track an array of metrics such as KPIs.

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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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China’s Electricity Crunch Is World’s Latest Supply Chain Threat

Supply Chain Brain

China’s energy crisis is shaping up as the latest shock to global supply chains as factories in the world’s biggest exporter are forced to conserve energy by curbing production.

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Can Lean Manufacturing Really Help Supply Chain?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Is Just In Time Past Its Time? Lean manufacturing article and permission to publish here provided by Zaklina at Click Intelligence. From the outset, it may not seem relevant to someone who has never applied lean manufacturing processes to their manufacturing methods. On the other hand, lean manufacturing processes can really help the supply chain perform a lot better.

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The State of Supplier Diversity: Highlights from Our Latest Report

Jaggaer

The post The State of Supplier Diversity: Highlights from Our Latest Report appeared first on JAGGAER.

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CSR is Good for Business, an Independent Consulting Study Reports, but Official Targets & Policies are Lagging Behind

ivalua

35% of respondents are lacking systems to enable effective, scalable collaboration to empower supply-chain partners in support of their CSR strategies and policies. Redwood, CA – 14 th September 2021 – Ivalua , a leading global spend management cloud provider , announced today the results of a commissioned study conducted by Forrester Research on behalf of Ivalua which shows that companies have been prioritizing CSR initiatives as part of their core business strategies – and it has paid of

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What Are the Most Cost-Effective Packaging Automation Systems?

The Network Effect

The post What Are the Most Cost-Effective Packaging Automation Systems? appeared first on The Network Effect.

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From Nairobi to Ningbo: The Supply Shocks Spanning Globe

Supply Chain Brain

From high-class problems to difficulties finding life’s necessities, the pandemic has convulsed global supply chains on such a scale that few industries, socio-economic classes or regions are immune.

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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 Tips to Improve Workplace Safety!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The New Mission for Employee Health and Safety! Workplace safety article and permission to publish here provided by Catherine Park. Regardless of the industry you are in, it’s important that you think about keeping your employees safe. According to the National Safety Council , workplace injuries cost employers $171 billion in lost productivity, medical expenses, and legal fees.

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3 Tips About Invoice Purchase Order Software You Can’t Afford to Miss

ProcurePort

Invoice purchase order software (I/PO software) refers to technology that syncs purchase orders created by buyers and invoices generated from fulfilled purchase orders. It’s a pragmatic solution that has simplified life for procurement teams and vendors. In case you’re still on the fence about investing in invoice purchase order software read on to learn about […].

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Procurement Compliance 101: Everything You’ll Ever Need to Know

Jaggaer

The post Procurement Compliance 101: Everything You’ll Ever Need to Know appeared first on JAGGAER.

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A Case for Change: Aligning Strategy with Action for Procurement Transformation

ivalua

The post A Case for Change: Aligning Strategy with Action for Procurement Transformation appeared first on Ivalua.

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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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AI-based supply chains: Using intelligent automation to build resiliency

IBM Supply Chain Blog

Businesses with optimal supply chains achieve 5-15% lower supply chain costs , 20-50% less inventory holdings, and up to 3X cash-to-cash cycle speeds. Yet, most companies underperform due to operational inefficiencies and unexpected external disruptions. . That’s why I’m excited to introduce IBM Supply Chain Intelligence Suite , an AI-based supply chain optimization and automation solution that helps improve supply chain resiliency, increase agility, and optimize operations.

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West Coast Logjam Has Enough Containers to Cross Half the U.S.

Supply Chain Brain

The number of container ships waiting to enter the biggest U.S. gateway for trade with Asia reached an all-time high of 65 vessels late last week, carrying potential payloads of cargo boxes that would stretch halfway across the country if lined up end to end.

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Content Marketing Strategy – The Decisive Guide!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Content Marketing Trends for Supply Chain! Content marketing strategy article and permission to publish here provided by Sarah Dawson. Content marketing isn’t something that you can have a set plan about. In this era of digital marketing, you need to keep your content marketing strategies as dynamic as possible.

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What Is Expense Management Software & Why Is It Important?

ProcurePort

Expense management is a key concern in business because unmonitored spending can easily hurt an otherwise profitable enterprise. The management process involves tracking how employees are using their spending leeway and reimbursing such expenses. Expense management methods have evolved to include sophisticated software solutions that allow the collection of data for analytics processes.

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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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Contract Management 101: Everything You’ll Ever Need to Know

Jaggaer

The post Contract Management 101: Everything You’ll Ever Need to Know appeared first on JAGGAER.

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Procurement in the Fast Lane: Key Metrics for the CPO’s Dashboard

ivalua

The post Procurement in the Fast Lane: Key Metrics for the CPO’s Dashboard appeared first on Ivalua.

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How to Optimize Your P&L with Your Supply Chain (Part 2)

The Network Effect

The post How to Optimize Your P&L with Your Supply Chain (Part 2) appeared first on The Network Effect.

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E-Commerce Platform Provider Comgem Launches Three New Solutions for SMEs

Supply Chain Brain

Comgem, an e-commerce platform provider, launched three new products and a website to help U.K. small and medium-sized enterprises (SME) sell more products and services with less effort.

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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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Types of Autonomous Mobile Robots (AMRs) and Their Use in Warehousing!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Rise of the Warehouse Robots! Autonomous mobile robots article and permission to publish here provided by Luke Goodwin. An autonomous mobile robot (AMR) is a robot that can move around its environment without an operator or a fixed, predetermined route. An AMR uses sensors to study and understand its environment, thus using the most efficient way to perform its tasks.

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Three Benefits of Moving Spend Management to the Cloud

ProcurePort

Imagine this: an enterprise has locations in Chicago, San Francisco, Florida, and Seattle, and is utilizing traditional, paper-based processes for its expense management and procurement. How exactly would that work? This process is time-consuming, inefficient, and doesn’t allow for a comprehensive, 360-degree view on spend management. What happens if a purchase order or invoice gets […].

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How AI Can Help Inventory Management

Solvoyo

Using AI in inventory management helps enhance inventory replenishment, improve employee performance, support data accessibility and reduce cost. The post How AI Can Help Inventory Management appeared first on Solvoyo.

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Connecting the Dots Between ESG Objectives and Source-to-Pay Processes

ivalua

The post Connecting the Dots Between ESG Objectives and Source-to-Pay Processes appeared first on Ivalua.

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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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AI-driven Master Data Cleansing – Adriano Garibotto from Creactives

The Procuretech Podcast

AI is a term that often scares anyone who is not familiar with the technology and the application. In this episode, we're going to cover some of the different use cases for AI in the procurement space, and then dive into master data as a specific case study. Adriano Garibotto, Co-Founder and Chief Sales & Marketing Officer of Italian procurement data management company Creactives is my guest on this week's show to break down this not-as-scary-as-it-sounds technology!

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Protecting the Paths to an Organization’s Data

Supply Chain Brain

While the introduction of modern technology is a sign of needed progress, businesses shouldn’t overlook the potential security risks that come with all of this innovation.

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How Mailroom Management Software Boosts Last Mile Logistics!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 6 Techniques to Reduce Last Mile Delivery Costs! Mailroom management software article and permission to publish here provided by Arthur Zargaryan. Although every part of a parcel’s journey from source to recipient has experienced increased congestion in the past few years, last-mile logistics suffers the most.

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Top 5 Features Every Cloud Purchase Order Software Must Have

ProcurePort

Selecting a purchase order cloud software is an important decision that shouldn’t be taken lightly. There is so much procurements software out there, each with its product features. Individually, they all have their advantages and weaknesses, some are designed for small to medium-sized enterprises, and some for large corporations. But in the end, it all […].

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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.