February, 2022

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Why Supply Chain Managers And Maintenance Managers Need To Stay In Touch

All Things Supply Chain

A product’s life cycle goes through a long process from inception to delivery. There are many companies, people, and operations involved that make it possible.

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3 ways procurement looks at the cost

ABC of Procurement

Cost, this is the most used word in procurement. Here are 3 ways procurement looks at cost. The post 3 ways procurement looks at the cost first appeared on ABC of Procurement.

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Procure-to-Pay Process: A Definition, Solutions, and Best Practices

ProcurePort

Are you curious about the procure-to-pay process? Yes? You’re not alone. There’s a lot to know about the procure-to-pay process. In this post, we’re going to address questions like what is the procure-to-pay process definition? What are some of the leading P2P solutions and best practices you can adopt within your own organization? If you’re […].

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BRAVIDA’s PROCUREMENT TEAM ACCELERATES ITS DIGITIZATION JOURNEY WITH IVALUA 

ivalua

Redwood City, CA February 10, 2022 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that Bravida Holding AB has selected the Ivalua platform to digitize the management of its direct and indirect spend. . Bravida is the Nordic region’s leading supplier of end-to-end technical solutions in service and installation.They help their customers to create effective and sustainable properties by providing installation and maintenance services for critical inf

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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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Companies That Weathered Supply Chain Issues, and What They Did Best

SCMDOJO

The global supply chain issues has caused a damaging ripple effect extending to every shore on the planet. Traditional methods of manufacturing and moving goods have become less reliable, and in particular companies that have prioritized lower costs from overseas hubs have struggled mightily. The companies that were wise enough to see the calamity coming, however, made the necessary changes to avoid catastrophe.

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How AI Will Drive the Future of Auto Supply Chains

Supply Chain Brain

As the pandemic sent shockwaves through the global economy, the impact was felt across industries. Among the hardest hit sectors, the automotive industry experienced profound disruption, signaling the need for supply chain modernization.

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What is Procurement Excellence

ABC of Procurement

Many times I ask myself and others: ”How does a great Procurement team look like”. Here are some answers. The post What is Procurement Excellence first appeared on ABC of Procurement.

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What is Category Management (Purchasing) and How Do You Use It?

ProcurePort

Category management (purchasing) in procurement refers to the grouping of related spend items together with a view of finding value opportunities. Organizations can categorize items according to any formula that fits their strategy. Categories can be vendors, country of origin, price, volume, or even frequency of purchase. Managers need to constantly minimize internal costs of […].

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Kodi Connect Procurement (CPO) Leaders: New York

ivalua

The post Kodi Connect Procurement (CPO) Leaders: New York appeared first on Ivalua.

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Effect of Working With CNC Machines on your Supply Chain

SCMDOJO

CNC machining is also known as just machining and is used extensively in manufacturing and industrial applications. CNC machines use computerized controls and machine tools to cut layers of material to make custom parts. Whether you outsource or buy one, working with one of these machines will greatly speed up your supply chain. How CNC Machines Are Changing Manufacturing as We Know It.

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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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Watch: You've Got Supply Chain Visibility. So What?

Supply Chain Brain

It's not enough just to know where your freight in transit is. You've got to be aware of multiple aspects of the shipment, says Sam Phillips, senior solutions manager with Here Technologies.

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Supply Chain Weekly Wrap-Up 02/18/2022-02/24/2022

All Things Supply Chain

Unethical firms face consequences in EU supply chain crackdown A proposed European Union crackdown on ethical issues including human rights abuses and environmental breaches is being unveiled this week.

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Project inventory, the three important points

ABC of Procurement

Project inventory is a bit tricky. It has no historic data, the store is usually temporary. So, how to properly organize the flow? The post Project inventory, the three important points first appeared on ABC of Procurement.

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Top 5 Advantages of Automating Invoice Processing

ProcurePort

What is your invoice processing timeline? 21 days, 14 days, 7 days? For the average SMB in America, manually processing invoices can take up to 25 days. In an age where automation exists, such invoice processing lifecycles are unacceptable, not to mention costly! So, if you’ve been wondering why to use electronic invoice management software […].

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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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SIG Procurement Technology Summit

ivalua

The post SIG Procurement Technology Summit appeared first on Ivalua.

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Top 15 Tips for Linkedin Profile Optimization

SCMDOJO

LinkedIn like Google is a search engine, the key difference being that it is the ideal tool for your personal branding. In this blog, I will give you my top 15 tips for LinkedIn profile optimization from my experience as a user who has managed to get 57k supply chain followers. I will explain how I have utilized the key features of LinkedIn thus improving your visibility, credibility and appeal to recruiters or companies to collaborate with.

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Can Blockchain Solve the Problem of Food Recalls?

Supply Chain Brain

Food-borne illnesses can be deadly. Yet when people hear about a food recall — even for something serious like E.coli — they usually determine whether or not they recently purchased that item and move on, not stopping to consider what the situation implies about the U.S. food supply chain.

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Impact of hydrogen on logistics Part 1: Road Transportation

All Things Supply Chain

The future belongs to hydrogen, to green hydrogen – that’s what we frequently hear and read these days.

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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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3 Important Artificial Intelligence Trends and Applications!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Impact of Artificial Intelligence (AI) Over the Next Half Decade! Artificial intelligence will continue to develop and become, perhaps, the most productive technology for business, science and medicine. According to many analysts, Artificial Intelligence trends will affect the development of mankind more than ever the invention of the wheel or the internal combustion engine.

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Invoice and Purchase Order Software for Small Businesses in 2022

ProcurePort

Making use of invoices and purchase orders software can save small businesses significant monetary costs that would otherwise have gone to hiring staff. Purchase order software makes it possible to generate purchase orders based on the purchase requisition. The purchase order gets sent electronically to an approved order. An automated invoice processing system equally reduces […].

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Gartner Supply Chain Symposium/Xpo

ivalua

The post Gartner Supply Chain Symposium/Xpo appeared first on Ivalua.

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Traditional IBP is dead. Long live Intelligent IBP!

Supply Chain Trend

The evolution of Integrated Business Planning has been at a standstill for years. Traditional IBP process and planning horizon thinking, supported by traditional Advanced Planning and Business Intelligence (BI) systems, limits progress. Sure, over the years new supported planning features have been developed. Faster calculations, a nicer GUI, more simulation capability, a bit of Machine Learning and graph databases, to name a few.

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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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Energy Firms Snap Up Russian Gas as Europe Seeks Alternatives

Supply Chain Brain

European leaders talking up plans to wean the continent off Russian natural gas are facing a harsh reality: energy companies are buying more as the war rages in Ukraine.

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Why supply chains should work on carbon footprint reduction

All Things Supply Chain

The worldwide concern on environmental sustainability is rising like never before. The IPCC climate change report for 2021 has rung alarm bells for businesses, consumers and governments.

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Farm Fresh Flowers Delivery Tips!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Tips to Deliver Chocolate without Melting! Whether you want them for your own decorations or you want to gift someone, you don’t always have to drive or walk to a florist’s location to purchase flowers. These days, you can order your favorite blooms online and have them delivered to your preferred location on time for use.

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Overcoming the Top 5 Procure-to-Pay Challenges

ProcurePort

What procure-to-pay challenges is your enterprise currently facing? Procure-to-pay (P2P) is the procurement process that begins with a requisition and ends with accounts payable. In between these two extremities are several steps procurement teams and vendors fulfill in order to complete the P2P cycle. As can be imagined there are numerous obstacles that are encountered […].

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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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GFOA 116th Annual Conference

ivalua

The post GFOA 116th Annual Conference appeared first on Ivalua.

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The Network Effect 1: Driving Value Across the Supply Chain Ecosystem

The Network Effect

The post The Network Effect 1: Driving Value Across the Supply Chain Ecosystem appeared first on The Network Effect.

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U.S. Truckers Plan Anti-Vaccine Convoy to Washington

Supply Chain Brain

A group of American truckers are seeking to import a Canadian movement to protest against vaccine mandates, with thousands of members on social media pledging to bring the demonstration to Washington, D.C.

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Supply Chain Weekly Wrap-Up 02/04/2022-02/10/2022

All Things Supply Chain

UK and South Korea to sign deal to reinforce pandemic-damaged supply chains This week, the United Kingdom and South Korea will sign an agreement to reinforce damaged supply lines for…

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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.