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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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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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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From Reactive to Resilient: Charting Your Supply Chain Maturity

Learn strategies to develop supply chain maturity and save on costs. In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation. Discover actionable first steps to boost your operations and reduce costs.

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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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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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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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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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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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Join UltraShipTMS at the 2019 NY Produce Show

Supply Chain Collaborator

Will you be at the 2019 New York Produce Show and Conference in New York City December 10th through the 13th? We’ll be there and would love to meet you! UltraShip’s Charles Sperry will be in attendance all week and is available to meet you to share how our powerful platform for food shipping/logistics helps the largest food shippers overcome even the most complex transportation logistics challenges.

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The 2nd Generation of Innovation Management: A Survival Guide

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?

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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.

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12 Ways To Get Control Over Supplier Master Data

ivalua

Jarrod McAdoo, Senior Product Marketing Manager, Ivalua. Procure-to-pay (P2P) automation and analytics won’t work very well without accurate supplier master data. Yet that goal — data accuracy — remains a considerable challenge for many Procurement and Accounts Payable organizations. This Gartner report, “Gain Control Over Your Supplier Master Data Before It’s Too Late,” has lots of ideas for improvement.

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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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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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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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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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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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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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New research from Ivalua shows UK businesses’ cost focused approach with suppliers is blocking innovation 

ivalua

Businesses more reliant than ever on suppliers as the pace of innovation increases, but two-thirds view their relationships as primarily transactional. London, UK – December 5, 2019 – Research from Ivalua , a global leader in spend management cloud solutions , has shown that two thirds (67%) of UK businesses say innovation is being blocked by a focus on cost reduction.

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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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Wrapping up 2019 for the ATSC Blog

All Things Supply Chain

It has been kind of a “golden” year for the All Things Supply Chain blog.

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LED Technology Isn't All That Sustainable

Supply Chain Brain

For starters, LED fixtures have a finite lifespan because they have no serviceable parts.

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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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5 Procurement Questions for Santa

Jaggaer

After pulling a few strings, we managed to catch Santa on one of his few coffee breaks at this busy time of year to fire five burning questions at the reigning world champion in procurement. Christmas is a holiday worldwide, but the busiest time at work for you. When does your year start? Actually we get Christmas wish lists all year long. Children have wishes all throughout the year but it really gets going in October.

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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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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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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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Supply Chain Weekly Wrap-Up: 12/13/19 – 12/19/19

All Things Supply Chain

Amazon blocks sellers from using FedEx ground-delivery shipping Third-party sellers on Amazon will no longer be able to use FedEx’s ground-delivery service.

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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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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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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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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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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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Ivalua Cited as a ‘Leader’ in Source-to-Contract Technology by Independent Research Firm

ivalua

Report notes top customer reference scores for usability, implementation and ongoing support . Redwood City, CA – December 18, 2019 – Ivalua, a global leader in cloud Spend Management solutions , today announced that it has been recognized as a Leader by Forrester Research Inc. in “ The Forrester Wave™: Source-to-Contract Suites, Q4 2019.” Ivalua is now the only vendor positioned as a Leader in four separate reports — the Gartner Magic Quadrant for Strategic Sourcing Application Suites, Gart

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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.