May, 2021

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The machine learning trap or how to tell if you’ve got the right waiter

All Things Supply Chain

Almost every progress-oriented company wants it right now: artificial intelligence (AI). No, actually everyone wants machine learning, which is almost synonymous for many people.

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Danske Bank x Ivalua – Meeting the Multiple Outsourcing, PRA Compliance Obligations in Financial Services – How can Technology Help?

ivalua

The post Danske Bank x Ivalua – Meeting the Multiple Outsourcing, PRA Compliance Obligations in Financial Services – How can Technology Help? appeared first on Ivalua.

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Graduating From Harvard with a Masters in Sustainability – a Bright Spot in the Midst of the Pandemic

Supply Chain Queen

Thursday, I graduated from Harvard with a Masters in Sustainability to close a 4 year journey with loved ones by my side. This is a 2nd masters and for most of my life, I was told none of this was possible. The world did not see this journey for me, so I did not see. Read more. The post Graduating From Harvard with a Masters in Sustainability – a Bright Spot in the Midst of the Pandemic appeared first on SupplyChainQueen®.

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What is Meant by Intelligent Sourcing?

ProcurePort

The coronavirus pandemic has revealed major weaknesses in the retail supply chains of numerous organizations. The worldwide supply chain disruption and shock exposed vulnerabilities that made many CPOs question the resilience of their supply chains. As enterprises now battle to resume operations moving out of business continuity mode, intelligent sourcing has come up repeatedly as […].

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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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The Top 10 ERP Books of All Times to Perfect Implementation

SCMDOJO

The implementation of Enterprise Resource Planning (ERP) systems brings its own very unique challenges, this blog shares the Top 10 ERP Books to help perfect your implementation and hopefully reduces the common pain points. Before we talk about ERP implementation books, let’s understand first what is ERP. The Enterprise Resource Planning (ERP) systems are integrable.

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The World Economy Is Suddenly Running Low on Everything

Supply Chain Brain

A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s companies furiously trying to stock up.

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How to Stay Agile as Regulation Looms: Outsourcing, PRA & the Role of Procurement

ivalua

It may be a controversial statement to make, but the value that a procurement team can deliver within a financial services organisation is lower than what can be delivered in other sectors. The third party spend of a financial services organisation, as shown by this diagram is significantly lower, when compared to other sectors such as manufacturing.

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IBM’s Sheri Hinish Joins Top Sustainability Leaders for Global Sustainable Supply Chain Summit

Supply Chain Queen

The GSSC summit is the largest virtual event to address sustainability topics for Supply Chains, and to celebrate both organizations and exceptional individuals that are leading the way to a more sustainable future, making an impact in their supply chain initiatives by going above and beyond the global challenges we face. Join us for. Read more. The post IBM’s Sheri Hinish Joins Top Sustainability Leaders for Global Sustainable Supply Chain Summit appeared first on SupplyChainQueen®.

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Why Use Electronic Invoice Management Software?

ProcurePort

Do you know how much time it takes to process an invoice manually? From the day the invoice is received until it is paid for? Any guesses? Well, on average – 25 days. This means it takes over three weeks for a single invoice to be cleared in a typical small-to-medium-sized business in the United […]. The post Why Use Electronic Invoice Management Software?

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RFI Vs RFP Vs RFQ – What are The Key Differences?

SCMDOJO

Nowadays, enterprises seeking to switch immigration providers have more options than ever before, and often check a large number of traditional and hybrid models in order to find the best model in terms of service, technology, costs, employee experience, etc. At some point you have asked the question RFI Vs RFP? This blog explains this. Continue reading.

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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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How AI Tackles the Problem of ‘Dirty’ Data

Supply Chain Brain

To achieve a reliable yet lean approach, supply chains must be simultaneously agile and resilient. But both qualities have historically depended on “clean” data.

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IIoT and the eco-friendly supply chain

All Things Supply Chain

The Industrial Internet of Things refers to the way that smart machines can be connected to each other in a wider network where information from one machine can affect the…

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In the Middle East, the Need for Risk Management Guides the Transformation Journey to Procurement 4.0

ivalua

Risk management, cost reduction and digital transformation — these are the three top priorities for procurement organisations in the Middle East today, according to a global survey conducted by Ivalua’s global partner PwC. The research firm asked more than 400 respondents across Europe, the Middle East and Africa 12 questions related to some key themes: What are the strategic priorities of purchasing departments in the region?

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Sheri Hinish Named Executive Mentor for Digital Supply Chain Institute 21:21 TrailBlazeHers Program

Supply Chain Queen

Are you looking for a mentor in supply chain? The Digital Supply Chain Institute has a new 21:21 Mentorship Program TralBlazeHERS that will accept 21 women seeking a career in supply chain operations.The 4-month program combines high-touch mentorship with training on emerging supply chain trends and professional development to help more women excel as supply.

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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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Why Procurement and Supply Chain are Smarter Together

ProcurePort

There is a tad bit of skepticism about the amalgamation of procurement and supply chain management. You see, the hesitation comes over how procurement and supply chains can merge. Since the onset of the pandemic, Chief Supply Chain Officers (CSCOs) and Chief Procurement Officers (CPOs) have been battling with questions such as: Can procurement and […].

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Seven reasons why Artificial Intelligence can’t drive business value alone

Supply Chain Trend

Artificial intelligence (AI) will be at the center of value creation in the future enterprise. It has the potential to augment and automate both physical labor and the knowledge worker. It has the potential to make ordinary humans into super humans leading to superior performance, triumphing over human genius and activity alone. However, enterprises should not focus on artificial intelligence alone if they wish to leap forward in automation, productivity, and competitiveness while staying releva

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World’s Supply of Chips Is in Danger Unless Taiwan Gets Vaccines

Supply Chain Brain

Having successfully sidestepped the first Covid wave, the government now faces a health emergency — only about 1% of its population is vaccinated so far — with the potential to disrupt the chip industry that dominates the local economy, and which is critical to an already-squeezed global supply.

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How to Implement a Vendor Reduction Strategy

All Things Supply Chain

As we all begin to rebuild from the coronavirus pandemic, many OEMs and CEMs are looking at their supply chains and how they can be streamlined or optimised to better…

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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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Arkad S.p.A. Selects Ivalua & PwC To Drive Its Procurement Transformation Journey

ivalua

REDWOOD CITY, Calif., May 3, 2021 /PRNewswire/ — Ivalua, a leading global spend management cloud provider, and PwC, a trusted Ivalua implementation partner, today announced that Arkad S.p.A. has selected Ivalua’s platform to drive its Procurement digital transformation journey with PwC as implementation partner. Arkad S.p.A. is a world leading energy services group focused on delivering excellence in the oil and gas sector.

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IBM’s Sheri Hinish Joins SAP Digital to Discuss Sustainable Supply Chains

Supply Chain Queen

Sustainability is top of mind for companies today—and for good reason. It’s the business challenge of our lifetimes. Customers demand products and services that minimize negative impact. Employees are increasingly vocal about their employer’s environmental policies and actions. And government regulation is on the rise.In this third session of Women in Supply Chain Live, we’ll.

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What is a Supplier Catalog and What Purpose Does it Serve?

ProcurePort

What is a supplier catalog and what purpose does it serve? Catalogs, as we will see in the definition below, are resources that increase the efficiency of the procurement process. Sourcing teams are able to search quickly through a database for the particular items they require without needing to type out a host of purchase […]. The post What is a Supplier Catalog and What Purpose Does it Serve?

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Android App Automation Testing Tools!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Understanding the Bitcoin Mining Process! Android app article and permission to publish here provided by Jean Nichols. About 80% of smartphones on the market are Android-based, with the remainder being iOS-based. Android has grown its market share from 3.9 percent to 80 percent since its debut in 2009.

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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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The Growth of e-Commerce And Rise of Omnichannel Brands

Supply Chain Brain

For all businesses, success involves continually delight ing customers while keeping costs optimized and profitable. But in today’s omnichannel world of next-day delivery and micro warehousing, the path to success is a lot easier said than done.

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The Biggest Container Ships in 2021

All Things Supply Chain

Since the recent blockade in the Suez Canal, it has put large container ships into the spotlight.

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4 Ways Modern Software will Empower Digital Procurement

ivalua

The past few years have been a boon for procurement, which has become increasingly strategic and critical to business. The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line. To maintain its upward trajectory, procurement must now show that it remains relevant as corporate priorities shift to restoring growth.

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IBM + Sustainable Supply Chain Leader Sheri Hinish Double Down on the Sustainable Development Goals

Supply Chain Queen

I have been such a fan of this amazing human for years. His ability to digest and condense vast amounts of info and then visualize with and is nothing short of amazing. This week, Jeremy Connell-Waite has been a busy -er prepping for work IBM is doing around the United Nations Sustainable Development Goals.If you’re chilling today, Read more. The post IBM + Sustainable Supply Chain Leader Sheri Hinish Double Down on the Sustainable Development Goals appeared first on SupplyChainQueen®.

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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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What is Supplier Management? Why and how is it Implemented?

ProcurePort

Any marketplace is going to be influenced by the dynamic that develops between buyers and suppliers. This is essentially economics 101, but it’s an important and powerful principle that applies to a wide variety of industries. In procurement, the practice of maintaining vendor relationships is known as supplier management. Supplier management is arguably one of […].

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The Future of Distribution!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Featuring Our 10 Best Warehouse Order Fulfillment Articles! Get Our EBOOK HERE. The Future of Distribution article and permission to publish here provided by Jake Rheude. The eCommerce distribution system is never static, as new technologies cause fundamental changes in how distribution works.

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Redwood Logistics Launches LPaaS, an Open Platform for Digital Logistics

Supply Chain Brain

Redwood Logistics, a logistics platform company headquartered in Chicago, has announced the introduction of a re-engineered suite of digital logistics services delivering a blend of logistics and technology capabilities.

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Longing For A Digital Twin: What The Colonial Pipeline Cyberattack Can Teach Us About Planning For Uncertainty

All Things Supply Chain

Find out why the recent Colonial Pipeline cyberattack reinforces the need for modeling and creating a digital twin of a supply chain, which can go a long way in planning…

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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.