5 Biggest Mistakes Supply Chain Managers are Likely to Make in 2021
All Things Supply Chain
MARCH 22, 2021
The recent worldwide turmoil due to the pandemic has forced organizations to rethink their supply chain strategy.
March, 2021
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CKS Benelux and Ivalua partner with Punch Powertrain to digitalise strategic sourcing
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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How to Assess Supplier Risk Management in Procurement: An Overview, Report, and Checklist
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.
Protecting Your Supply Chain From Forced Labor
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.
GEP Spend Category Outlook Report 2025
Advertiser: GEP
2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.
Top 18 Supply Chain KPIs for the Supply Chain Team
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.
An In-Depth Guide to AI-Powered Contract Management
Jaggaer
MARCH 2, 2021
The post An In-Depth Guide to AI-Powered Contract Management appeared first on JAGGAER.
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
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Using Digitization to Unlock Supply Chain Value for Manufacturers
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.
Why do businesses need strategic sourcing?
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 […].
Watch: Using Quantum Computing to Optimize Shipping Routes
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.
The Smart Supply Chain in Action!
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.
5 Ways You Can Win Faster with Gen AI in Sales
Advertiser: ZoomInfo
Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.
The DX-Led Recovery: A Return to Optimism
Jaggaer
MARCH 18, 2021
The post The DX-Led Recovery: A Return to Optimism appeared first on JAGGAER.
Is It Time to Rethink Globalized Supply Chains?
All Things Supply Chain
MARCH 1, 2021
If you hear “global supply chain”, Chinese manufacturing likely flashes through your mind. And for good reason; in 2018, more than a quarter of all global manufacturing happened in China.
Reporting and Analytics – How Effective Are They in Procurement?
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 […].
From Reactive to Resilient: Charting Your Supply Chain Maturity
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In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.
How to Approach Cybersecurity Through Tech, People and Processes
Supply Chain Brain
MARCH 18, 2021
While businesses build cybersecurity fortresses for themselves, there are several vulnerabilities at touchpoints with manufacturers, suppliers, global partners and other service providers to consider.
Tips to Improve Your Marketing Campaign!
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.
How Sourcing Optimizer Simplifies the Complex
Jaggaer
MARCH 9, 2021
The post How Sourcing Optimizer Simplifies the Complex appeared first on JAGGAER.
Even After COVID Comes to an End, You Should Consider a Fully Automated Warehouse
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.
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?
Procure-to-Pay Transformation Checklist
ivalua
MARCH 18, 2021
The post Procure-to-Pay Transformation Checklist appeared first on Ivalua.
Supplier Management in Procurement – Its Benefits, Process, & Best Practices
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 […].
When Will Supply Chains Finally Move on From Paper?
Supply Chain Brain
MARCH 31, 2021
Physical documents undermine efficiency, sustainability and safety — and they cost the supply-chain industry upwards of $3 billion every year.
5 Ways to Reduce Fleet Management Costs!
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.
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
Organizations View Procurement as Increasingly Strategic
Jaggaer
MARCH 2, 2021
The post Organizations View Procurement as Increasingly Strategic appeared first on JAGGAER.
Is Technology the Right Solution to the COVID-19 Supply Chain Challenges?
All Things Supply Chain
MARCH 8, 2021
Group Futurista’s Future of Digital Supply Chain in a Post-COVID world (FODS 3.
CKS Benelux and Ivalua partner with Punch Powertrain to digitalise strategic sourcing
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.
The Key Differences between Direct and Indirect Procurement
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 […].
The Evolution of Control Towers to Command Centers
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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.
What's Shaping the Future of Work in the Warehouse
Supply Chain Brain
MARCH 18, 2021
A year into the pandemic, the need for reliable warehousing and smooth distribution has become greater than ever before.
7 Ways to Help Raise Capital!
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.
Procurement Through the Ages
Jaggaer
MARCH 4, 2021
The post Procurement Through the Ages appeared first on JAGGAER.
Study: 85% of CFOs Expect Digitization to Improve Cash Flow, Profitability & Revenue
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.
GEP Outlook Report 2025
Advertiser: GEP
For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic
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