All Things Supply Chain
MARCH 17, 2021
Stock management or inventory management is crucial for the supply chain. It allows a company to track corporate resources, ensure proper stocking and meet the customer demand level.
ivalua
MARCH 18, 2021
Solution deployed in 10 days to improve direct material sourcing, increasing profitability. Massy, France 18 March , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, and CKS BeNeLux today announced that Punch Powertrain has successfully deployed Ivalua’s platform to support the digital transformation of the strategic sourcing process.
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ProcurePort
MARCH 23, 2021
The risk will always be a part of our everyday lives. There’s no escaping it, honestly, but that doesn’t have to be a bad thing. In fact, the right risks, made with calculations and well-founded information, yield some of the best rewards. That being said, there are certain times and places that we want to […]. The post How to Assess Supplier Risk Management in Procurement: An Overview, Report, and Checklist appeared first on ProcurePort Blog.
SCMDOJO
MARCH 5, 2021
Nowadays, no one could deny that the supply chain is essentially the backbone of any company and most supply chain team use some kind of Supply Chain KPIs. In other words, it is about a living ecosystem that ensures the smooth, effective and consistent delivery of products or services from supplier to customer. When. Continue reading. The post Top 18 Supply Chain KPIs for the Supply Chain Team appeared first on SCMDOJO.
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Supply Chain Brain
MARCH 30, 2021
Geraint John, vice president analyst with Gartner’s Supply Chain Practice, reveals the results of a survey in which companies described their current efforts at achieving supply-chain resiliency and agility.
Supply Chain Trend
MARCH 10, 2021
Hi there, hope you are all safe, sane and healthy! I recently got interviewed by Bethanie Maples about my Foresight article; ‘Autonomous or Lights out Planning, what’s really required?’ Bethanie is an AI and human cognition expert, does research at Standford University and is advisor to many entrepreneurs. I explain how we have to make the leap forward from Wave 1 (ERP) and Wave 2 (APS) technology, to Wave 3 technology, or systems of intelligence.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
ivalua
MARCH 24, 2021
The role that procurement plays in manufacturing organizations is a difficult one. This function must simultaneously balance cost reduction, quality, and assurance of supply in their quest to maximize profits. . Without digitization, many manufacturing organizations see one or more of these areas suffer due to a reliance on manual processes, a lack of collaboration with suppliers, and little to no visibility of risk during the product development process.
ProcurePort
MARCH 3, 2021
As things advance and evolve, they become more complicated. In biology, for example, it’s widely accepted that the very first organisms were single-cell organisms, the few arguments being that there was an even simpler organism that existed prior to that of the single-cell-organism. However, as the Darwinian story goes, evolution morphed that single-cell through hundreds-of-thousands-to-millions-of […].
Supply Chain Game Changer
MARCH 16, 2021
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Preparing Business for the Digital Supply Chain! Oracle Interviews Mike Mortson! Get Our EBook here. As I was recruiting to hire my next CIO I knew that I wanted someone who was more than the traditional I/T person. I didn’t want someone who would just make sure the systems and computers were up and running.
Supply Chain Brain
MARCH 25, 2021
Businesses and suppliers alike must take preemptive action to rid their supply chains of forced labor, or face irreversible damage to their consumer base.
Advertiser: GEP
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.
Jaggaer
MARCH 2, 2021
The post An In-Depth Guide to AI-Powered Contract Management appeared first on JAGGAER.
All Things Supply Chain
MARCH 29, 2021
Digitization can bring many benefits to supply chains, such as speed, cost and transparency. When carried out correctly, it can be massively transformative for a business.
ivalua
MARCH 18, 2021
Solution deployed in 10 days to improve direct material sourcing, increasing profitability. Massy, France 18 March , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, and CKS BeNeLux today announced that Punch Powertrain has successfully deployed Ivalua’s platform to support the digital transformation of the strategic sourcing process.
ProcurePort
MARCH 31, 2021
What is the role of an e-procurement report? Where does analytics fit in for procurement teams? How important are they for organizations? Reporting and analytics can highlight problems along the supply chain and provide solutions for procurement issues while giving direction for future efforts. If you have no systems to track your metrics then you […].
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
Supply Chain Game Changer
MARCH 29, 2021
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Content Marketing Trends for Supply Chain! GET our EBOOK HERE. Marketing campaign article and permission to publish here provided by Marlene Coleman. As 2021 unveils, devising an effective marketing campaign is paramount to target the audience and make sales. Whether you are a B2B or B2C company, a marketing campaign can elevate your standards and foster more leads and conversions.
Supply Chain Brain
MARCH 3, 2021
Covalent, a new fashion brand using carbon-negative materials in its line of accessories, turns to IBM to create a blockchain that tracks and verifies the positive environmental impact of its products.
EazyStock
MARCH 9, 2021
What is ABC Analysis? ABC inventory analysis is a method used to classify a business’s stock items into three categories – A, B and C, based on their value to the business. A items are the most important in terms of the value they bring a company, while C items are the least valuable. ABC inventory analysis is important as it helps managers focus their time on their most valuable/important products and adapt their inventory control policies accordingly.
All Things Supply Chain
MARCH 10, 2021
A new study from Smart Freight Centre and the Center for Sustainable Logistics and Supply Chains at Kühne Logistics University highlights the crucial role that small carriers play in achieving…
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.
ivalua
MARCH 17, 2021
Reason No. 1 – Grants are Mission Critical. The U.S. Office of Management and Budget (OMB) estimates federal grants to states and local governments in FY2019 totaled nearly three quarters of a trillion dollars. To put that in perspective, the US GDP that year was just over $21 trillion and federal spend was $4.4 trillion, making grants roughly 17% of the total federal budget. .
ProcurePort
MARCH 30, 2021
Besides your customers, your suppliers might be the next most important group of people with which your organization regularly interacts. This is because, without your suppliers and vendors, your products and services simply don’t get made. If you don’t have goods or services to offer, then you won’t have any customers either. Herein lays the […].
Supply Chain Game Changer
MARCH 26, 2021
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Insights for Managing Your Fleet Strategy! Fleet management costs article and permission to publish here provided by Bryan Christiansen. In principle, it sounds simple. If an organization finds a way to reduce operational costs, it can lead to savings that apply directly to the bottom line.
Supply Chain Brain
MARCH 14, 2021
A look at the innovative application of quantum computing to the problem of optimizing ship and vehicle routes, with Amy Herhold, Director of Physics and Mathematical Sciences, Corporate Strategic Research with ExxonMobil Research and Engineering, and Jamie Thomas, General Manager of IBM Systems Strategy & Development.
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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.
EazyStock
MARCH 17, 2021
As globalization extends supply chains around the world, the likelihood of negative impacts stemming from supply chain disruption increases. Supply chain disruptions are an inevitability for any supply chain, though the severity of the impacts can vary. In this piece, we’ll take a look at some of the top types of supply chain disruptions, the impacts that they have on your supply chain, how to mitigate whatever risk you can and finally how you can handle supply chain disruptions once they
All Things Supply Chain
MARCH 15, 2021
The COVID-19 pandemic has changed our lives irrevocably. The way we play, how we live and socialize and how we work has been altered by this insidious virus.
ivalua
MARCH 16, 2021
Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supply chain management activities that can help Procurement teams build and maintain supply chain resilience now and in the years to come.
ProcurePort
MARCH 25, 2021
Why is there a distinction made between direct and indirect procurement? Both direct and indirect goods and services procurement are vital business functions that consolidate enterprise purchasing. So why treat one function as more important than the other? Well, as the world of procurement evolved, two decidedly separate disciplines emerged into what we now know […].
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
Supply Chain Game Changer
MARCH 2, 2021
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Crowdfunding Fulfillment Solutions: Things You Should Know About. Get Our EBook here. Raise capital article and permission to publish here provided by Lewis Thomas. It’s unfortunate how many businesses fail in their very first year. No matter how good they may, they fail because they could not secure funding and raise capital for their business.
Supply Chain Brain
MARCH 27, 2021
With e-commerce now accounting for more than 20% of total U.S. retail sales, it’s clear that online is a crucial channel across all types of industries. In no way, however, does that mean that physical storefronts are on their way out.
Jaggaer
MARCH 2, 2021
The post Organizations View Procurement as Increasingly Strategic appeared first on JAGGAER.
All Things Supply Chain
MARCH 24, 2021
Ever wondered how supply chains are holding up these days? Nowadays, you’ll hear about automation taking many industries by storm – the same is true for supply chain management.
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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.
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