December, 2019

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How Procurement can help to drive Supplier-led innovation

ivalua

Alex Saric, Chief Marketing Officer, Ivalua. In today’s competitive business landscape, consumers demand a continuous cycle of new products and services, and the gap between each launch is shrinking. This means companies are under more pressure than ever to innovate at pace. A business’s ability to develop and launch new products that meet customer expectations quickly and profitably is critical to overall success.

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5 Spend Analysis Best Practices

ProcurePort

Spend analysis is a vital part of business operations that is aimed at reducing procurement costs. You can cut procurement costs by collecting and analyzing expenditure data and using that data to identify opportunities to improve cost efficiency throughout the procurement process. Here are some of the best practices in spend analysis and an overview […].

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The rise of the electric vehicle – Is your terminal ready?

All Things Supply Chain

The rise of the electric vehicle is inevitable now as China and the EU have created strict regulations to achieve a more environmentally friendly way to drive.

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Can the ‘Smart’ Factory Revive U.S. Manufacturing Productivity?

Supply Chain Brain

A recent study touts the “smart” factory as a magic bullet that can solve any number of manufacturers’ problems, from low productivity growth to uncompetitive operations.

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7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.

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Dip a Toe in TMS – Engage UltraShipTMS for “Expedite Only” Pilot

Supply Chain Collaborator

TMS Success Tip. Making the decision to engage a new TMS platform is a heavy lift requiring buy-in and sign-off from numerous internal stakeholders beyond the logistics department (Legal, Procurement, IT, C-suite, etc.). Learn How to: Avoid the struggle of gaining capital approval for a full-blown TMS implementation. Instead, consider dipping a toe into the water by starting with an “expedite only” pilot program to automate ONLY your expedited/spot market freight movements.

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2020 Supply Chain Management Trends

EazyStock

Intro to 2020 Supply Chain Management Trends. The new year is upon us, and with the end of 2019 we reach the end of the decade – and the beginning of 2020. Throughout the last decade, the main trends were digitization and globalization. Supply chains have lengthened and extended across borders, bringing a whole new host of opportunities and challenges. 2020 supply chain management trends will further these shifts.

More Trending

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The Best Practices of Purchase Requisitions in 2019

ProcurePort

Employing best practices in purchase requisitions will enable your business to streamline order and stock management, improve vendor-buyer relationship, operate more cheaply, prevent fraud and improve the speed at which your firm operates. Best practices of purchase requisitions, if implemented correctly, will see you buying the right quality and quantity goods and services at the […].

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Supply Chain Lessons from Santa Claus

All Things Supply Chain

The Christmas holiday season is in full swing and it’s this time of the year that proves busiest for supply chain managers.

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Supply-Chain Innovation: In the Front Office or Back?

Supply Chain Brain

In recent years, supply chain has become a hotbed of innovation and a darling of venture investors. A series of new technologies has matured and brought new life to this historically rather stodgy space.

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A Brief History of Digital Transformation

The Network Effect

The post A Brief History of Digital Transformation appeared first on The Network Effect.

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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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Leveraging Data in a Digital Transformation: Lessons from JAGGAER’s Fireside Chat

Jaggaer

Digital procurement platforms are capable of producing incredible amounts of data, from spend history to supplier scores , delivery rates and more. But such massive amounts of data can easily lead to a new generation of questions. What do all these numbers really mean? How can I put them to good use? Which data can I trust? . At REV2019 , JAGGAER hosted a fireside chat panel discussion with several procurement professionals to discuss these exact dilemmas and gather expert opinions.

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The Secret to Effective Supplier Onboarding – Tiering 

ivalua

Vishal Patel, VP Product Marketing, Ivalua. One size does not fit all when it comes to supplier onboarding. Best practices have evolved to a tiered approach that segments suppliers and adapts to dynamic business needs. . A tiered approach to supplier onboarding helps Sourcing and Procurement leaders develop a sensible list of checks and resources. Among other things, this prevents redundancies when suppliers get asked the same questions by multiple departments. .

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E-marketplace: Choosing Custom Solutions for Building Your Brand

ProcurePort

People gathering to buy and sell goods was the very foundation of the first cities and civilization as we know it today. However, going to the marketplace was a logistic endeavor. It meant leaving the area of production and traveling distances. Nowadays, people don’t have to leave the production or the comfort of their homes. […]. The post E-marketplace: Choosing Custom Solutions for Building Your Brand appeared first on ProcurePort Blog.

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How to Close the Supply Chain Skills Gap

All Things Supply Chain

Across a number of fields, Industry 4.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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Enhancing Quality and Security in Product Traceability

Supply Chain Brain

Across nearly every industry, the inability to resolve product problems as they arise can cause a lack of trust with consumers that’s hard to rebuild.

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3 Challenges Facing Supply Chain in the Next 5 Years!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Imagining the Supply Chain of the Future! Article written for Supply Chain Game Changer by Ralf Llanasas at heroicsearch.com. It can sometimes feel as though our commercial landscape is in a constant state of flux. Whether due to frequent changes in technology, attitudes of consumers, or shifts in working practices, this can breed both an exciting sense of competition, as well as uncertainty.

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Why IT Projects Fail: Three Steps to Implementation Success

Jaggaer

Approaching a large IT implementation project can be a daunting prospect. In addition to managing the expenses, timelines, logistics and vendors, you have to consider change management and user expectations. The numbers don’t help maintain a sense of optimism, either. According to The Standish Group ’s 2019 CHAOS Report, only 16.2% of projects are implemented successfully on time and under budget.

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How Procurement Can Add Value To Supplier Master Data Management

ivalua

Jarrod McAdoo, Senior Product Marketing Manager, Ivalua. Master supplier data doesn’t just matter to Procurement. It plays a role in a number of necessary business functions and is a key enabler of automation throughout the Procure-to-Pay (P2P) process. Accurate supplier data is the fuel that drives critical business processes that impact the bottom line.

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Supply Chain Orchestration: A New Era in Supply Chain Management

When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.

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How Reverse Auction Services Avoid Procurement Hiccups

ProcurePort

What is a Reverse Auction? Reverse auction services are occasions, whereby the buyer and the sellers play an exchanged role. Here, the buyer puts up a price, and the sellers offer their services and products. The lowest price gets the auction. The standard auction is slightly different from the Reverse Auction – not categorized differently, […].

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Retail sustainability during the holidays

SupplyShift

U.S retailers are proclaiming 2019 as the “apocalypse”—nearly 9,500 stores have closed their doors this year. That list includes discount stores like Family Dollar and Kmart, clothing stores like Forever 21, and pharmacies such as CVS. But brick and mortar retailers may find a reprieve from the negative rhetoric this holiday season. Consumers say they will spend an average of $1,047.83 this season, which is up 4% from last year, and they expect to do about half of that shopping in physical store

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Three Ways IoT Can Streamline Seasonal Supply Chains

Supply Chain Brain

Here’s how connected devices can grow insight and maximize efficiencies across the supply chain this holiday season.

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Should You Choose Self Storage or a Portable Storage Container?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Article and permission to publish here provided by Eada Hudes. Effective utilization is one of the main things that is required for any building, be it a home, in a commercial space or at your workspace. Renting storage space is a good option if you cannot accommodate a lot of things in your living space.

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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How to Avoid the Pitfalls of Procurement SaaS Implementation

Jaggaer

Procurement departments are under pressure to transform their processes digitally. Software as a Service (SaaS) makes it easier, because the underlying software is available over the cloud with transparent pricing models. Yet things can easily go wrong. We look at the main pitfalls and how you can circumvent them. Download our free white paper, “ Why Agile Implementation Makes Sense for Procurement ”.

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Ivalua Now Washington DC Journey to Procurement Excellence 4-6 May, 2020

ivalua

The post Ivalua Now Washington DC<br> Journey to Procurement Excellence <br> 4-6 May, 2020 appeared first on Ivalua.

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Getting The Most From Your E-Sourcing Software

ProcurePort

What Is E-Sourcing? E-sourcing software is essentially a secure, web-based tool created by procurement professionals and entrepreneurs alike to assist procurement businesses around the globe. E-sourcing software helps procurement firms reduce costs, centralize information, ensure consistency and provide instantaneous feedback. An industry currently worth almost $6 billion and projected to increase to nearly $8 billion […].

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December 2019 Automation Hero: Per Risfors of Exsitec

EazyStock

Per Risfors, organizational consultant at Exsitec, has helped many SMBs improve their processes and optimize workflows with automation. That is why Per is December’s Automation Hero. Name: Per Risfors. Title: Organizational consultant and solution architect. Company: Exsitec – IT solution specialists including ERPs, integrations and mobile solutions.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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Five Ways Your Warehouse Will Benefit From a Supply-Chain Audit

Supply Chain Brain

From grand-scale, end-to-end supply-chain inspections to the examination of discrete warehouses tasks, audits can provide vital data for achieving multiple objectives.

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Common Copy Machine Problems and How to Fix Them! (Sponsored)

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Article and permission to publish here provided by Daniel Calvin at Number1officemachines. If you’ve ever worked in an office it is almost certain you have come face to face with the dreaded photocopier problem. While a trusted copier such as a xerox machine or a Konica Minolta Bizhub certainly do a good job in keeping up with high demands, copy machines are constantly being stressed, especially in offices with high print dem

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3 Simple (But Effective) Ways to Modernize Your Supply Chain

The Network Effect

The post 3 Simple (But Effective) Ways to Modernize Your Supply Chain appeared first on The Network Effect.

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Accelerating Procurement Transformation, Procurement Leaders Webinar

ivalua

The post Accelerating Procurement Transformation, Procurement Leaders Webinar appeared first on Ivalua.

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.