January, 2021

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Supply Chain Trends of 2021

All Things Supply Chain

Nobody expected that a global pandemic would arrive last year and wreak havoc for many industries and their supply chains, as well as many natural disasters across the world.

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What is eProcurement?

ivalua

Difference Between Procure to Pay and eProcurement. Procure-to-Pay is the sequential process we described earlier. Eprocurement or e-procurement comes from electronic procurement. It relates to the digitization of this process through specialized tools. Cloud-based Procure to Pay platforms are a must-have for any company that wants to become best-class in P2P.

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Three Source to Contract Steps for Better Contract Management

ProcurePort

After enough observation, a pattern emerges among structures, natural ecosystems, scientific and philosophical theories, and even man-made concepts. One of these patterns is that each has a core. Something that is really at the heart of the matter. In procurement, or source to contract systems, that core is contract management. Contract management is truly the […].

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Twelve Post-Pandemic Supply-Chain Trends for 2021

Supply Chain Brain

As vaccines roll out more broadly, and countries begin to get the coronavirus under control, attention will turn to the recovery and a return to normal operations. The supply chain will play an integral role in this effort, and will itself emerge in a different shape, with COVID-19 leaving a lasting legacy on many areas of transportation and warehousing.

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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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What is MRO? – All You Need to Know

SCMDOJO

What is MRO? or What is MRO supplies? or What does MRO stand for in manufacturing? Or what does MRO stand for in purchasing? In this blog, I have tried to answer these questions. What is MRO? MRO (Maintenance, Repair, and Operations Supply) is an important part of most manufacturing and service businesses and. Continue reading. The post What is MRO?

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Kelly Barner Reflects on 25 Years of Procurement Innovation

Jaggaer

The post Kelly Barner Reflects on 25 Years of Procurement Innovation appeared first on JAGGAER.

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Will 2021 be about Cost Reduction or Strategic Supplier Relationships?

ivalua

PWC has been publishing the annual procurement survey since 2015, capturing many of the trends in procurement that we now see in organisations, such as the focus on supplier risk management. Ivalua was honoured to provide some commentary on the survey results during a webinar with PWC in Sweden, as the 2020 survey is even more fascinating. The survey for 2020 delivers this level of insight but also provides special insight as responses to the survey were split between responses before the Covid

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What Does the Future of Procurement Technology Look Like?

ProcurePort

The procurement industry is changing at a fast pace owing to the rapid development of new procurement technologies. With digitalization becoming the norm, Chief Procurement Officers (CPOs) have found it necessary to stay on top of the news regarding procurement software best practices. The hot topic right now is the future of procurement technology and […].

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How to Give the Vaccine Rollout a Shot in the Arm

Supply Chain Brain

The logistics could be as simple as implementing best practices in leadership, communication and technology. Here are six steps to achieve it.

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How Farmers Can Boost Food Production! (Infographic)

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Food Waste and World Hunger – The Food Supply Chain is Broken! Boost food production article and the Vertical Farming infographic and permission to publish here provided by Grant Kamperschroer at straightnorth. How often do you think about the global population? There are more than 7 billion people living on our planet, and that number will continue to climb.

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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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2021 Supply Chain and Inventory Management Trends

EazyStock

2021 Supply Chain and Inventory Management Trends for the US. Last year’s list of supply chain and inventory management trends to look out for in 2020 included things like “greening” the supply chain (that is, the growth of environmentally-friendly practices in every step of the supply chain), the growth of artificial intelligence (AI) and machine learning and globalization for small- and mid-sized businesses.

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Procurement Roles in CAPEX Management

All Things Supply Chain

When we speak about Capital Expenditures or commonly called CAPEX in an organization, generally speaking they are managed either by a Project Manager or their future users (the concerned department…

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Ivalua Partners with International Association for Data Quality, Governance and Analytics to Improve Procurement Decision-making

ivalua

REDWOOD CITY, Calif., Jan. 27, 2021 /PRNewswire/ — Ivalua, a global leader in Cloud Spend Management solutions, and the International Association for Data Quality, Governance and Analytics (IADQGA) today announced a partnership to improve the use of data in procurement and supply chain decisions. Ivalua is now the inaugural gold level sponsor of the IADQGA.

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Source to Contract: What does it mean?

ProcurePort

Language is one of those mysteries of life that we might never truly understand. Naturally, it’s occurred all over the world – advancing and evolving until it is what we know it as today. Yet, even still; depending on the context, the setting, even the niche-market, terminology, and jargon create new language constantly. Understanding the […].

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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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Online Sales Ignite in Corners of World Late to the Revolution

Supply Chain Brain

Years from now when the pandemic’s impact on global business is analyzed, it’s likely that the most lucrative change will be how it pushed — or actually shoved — massive markets into the modern e-commerce era.

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10 Small Business Inventory Management Tips!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Featuring Our 10 Best Inventory Management Articles! Get Our EBOOK HERE. Small business inventory management tips article and permission to publish here provided by Simcha Michael. Many overwhelming strategies, processes and techniques will come your way if you have to learn and perform inventory management.

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The Death of the Supply Chain and Birth of the Digital Supply Network

The Network Effect

The post The Death of the Supply Chain and Birth of the Digital Supply Network appeared first on The Network Effect.

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Supply Chain Weekly Wrap-Up 01/15/2021 – 01/21/2021

All Things Supply Chain

British hospitals to use blockchain to track COVID-19 vaccines Two British hospitals are using blockchain technology to track the storage and supply of temperature-sensitive COVID-19 vaccines, which is one of…

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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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Ivalua NOW 2021 – Procurement Rising – Americas – Virtual Edition

ivalua

The post Ivalua NOW 2021 – Procurement Rising – Americas – Virtual Edition appeared first on Ivalua.

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What is RFP?

ProcurePort

What is RFP and what does RFP stand for? To those new to the procurement industry, RFP sounds a lot like RFI or RFQ. In fact, it’s a classic rookie mistake to use the terms interchangeably. We can hear you say, “But wait, are these terms divergent? What is the difference between RFP and RFQ?” […]. The post What is RFP? appeared first on ProcurePort Blog.

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Watch: How Much Warehouse Space Will We Need in the Coming Years?

Supply Chain Brain

Melinda McLaughlin, vice president and general head of research with Prologis, paints a picture of warehouse demand in the U.S., now and over the next five years.

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Product Suites are the Future for Supply Chain Tech Stacks!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chain Investment Challenges – Real and Imagined! Get Our EBOOK HERE. Product suites article and permission to publish here provided by Irina Kapetanakis. If you are in the business of manufacturing and/or distributing physical products, your company has invested in systems for digital commerce, CRM, and HR.

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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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JAGGAER Launches Human Equity Project to Remove Insensitive Language from Code and Communications

Jaggaer

The post JAGGAER Launches Human Equity Project to Remove Insensitive Language from Code and Communications appeared first on JAGGAER.

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Chinese Electric Vehicles in Europe: a conquest attempt?

All Things Supply Chain

We already know from the textile market that a large proportion of products are now manufactured in Central China.

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Paris 2021 – EN – Frederic Lino

ivalua

Frédéric Lino EVP Purchasing and Supply Chain. Frédéric Lino obtained in 1990 a Diploma in Mechanical Engineering (Compiegne, University of Technology), completed in 1994 by a PHD in Biomechanics and Ergonomics (Paris Saclay). He also holds an Executive Master in International Purchasing Management from ESSEC Business School (2012). Frédéric began his career in the automotive industry as product manager for Renault-Dacia in 1999 before being appointed in 2006 Renault program director for the Mid

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What is RFI?

ProcurePort

Request for information (RFI) is a prevalent business practice in the procurement industry. It provides a succinct way to gather information from various suppliers which can then be used to craft requests for proposals (RFPs) in the future. RFI helps SMEs create vendor profiles, reduce the sourcing to contract life cycle, and enlightens procurement managers […].

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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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Slave Labor Discovered Among Brazil’s Top Beef Supply Chains

Supply Chain Brain

A few feeder farms to some of Brazil’s top beef producers have used slave labor, according to a new report, adding urgency to government and corporate promises to clean up the meat supply chain.

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Seasoned Leadership in Action™ – An Interview with Stephen Beard, VP at Flexe!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Get Our EBook here. At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “Seasoned Leadership in Action ” Interview series at Supply Chain Game Changer. This interview is with Stephen Beard, VP of Network Development at Flexe.

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5 Steps to Start and Grow Your Supplier Diversity Program

Jaggaer

The post 5 Steps to Start and Grow Your Supplier Diversity Program appeared first on JAGGAER.

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How Businesses Can Respond to Disasters by Repositioning Inventory

All Things Supply Chain

Make no mistake, disasters can, and frequently do, wreak havoc on communities and businesses.

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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.