September, 2020

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The Future Trends In The Supply Chain Industry

All Things Supply Chain

The year 2020 marked not just the start of a new year, but also a new decade.

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Invoice Hub – the Next Horizon for AP Automation

ivalua

My journey in Accounts Payable started back in 1998, when I worked on my first Accounts Payable automation solution combining scanning, OCR and workflow. It was a fun project and it felt like the first step towards something more powerful. After this came the next AP Automation project, and ever so slowly, innovation just became the norm, now it’s legacy Invoice Processing.

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MRO Spend Metrics Procurement Needs to Focus On

ProcurePort

No matter the business, and no matter the industry, money is what keeps the gears grinding and the wheels turning. As such, companies that have a stronger sense of control over their cashflow have a leg up on their competitors. This includes being able to dictate funds where they’re needed most, and address the companies […]. The post MRO Spend Metrics Procurement Needs to Focus On appeared first on ProcurePort Blog.

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UltraShipTMS’s New Integration Partnership with Samsara for Fleet Tracking

Supply Chain Collaborator

UltraShipTMS, the enterprise logistics management platform built for (and used by a growing roster of) high volume shippers is pleased to formally announce the successful integration with Samsara telematics and fleet tracking technology. This development augments the powerful UltraFleet management module of UltraShipTMS. The latest in a string of integrations with leading supply chain management technologies and applications, the Samsara integration is designed to support the creation and updat

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GEP Spend Category Outlook Report 2025

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.

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Three Ways to Manage Costs With a ‘Zero-Based’ Supply Chain

Supply Chain Brain

Companies can identify untapped value by applying zero-basing to every part of the supply chain.

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How to Conduct a Spend Analysis in Seven Steps

Jaggaer

JAGGAER understands the traditional roadblocks to spend management and how important it is to gain insight into operational ineffectiveness in order to improve your sourcing success. A spend analysis allows you to do just that. Here, we’ve outlined the seven steps necessary to conducting a proper spend analysis. Step One: Identify. Identify all the sources available for your spend data, from all of your departments, plants and business units.

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John Cockerill selects Ivalua spend management to digitize all procurement processes and cover all spend in one single system

ivalua

Ivalua’s ease of integration, flexibility to cover a diverse range of activities across multiple geographies and a seamless user adoption experience are key drivers in streamlining John Cockerill’s transformation journey. Massy, September 15, 2020 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that its procurement software platform has been selected by John Cockerill to digitize all procurement processes and manage all spend globally, thus optimizi

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What Does Procurement Mean for your Organization?

ProcurePort

Every organization is different, unique, and has specific needs. Any one organization could very well need to source a spectrum of tasks and activities to other companies, or vendors. These vendors then fulfill the terms of the contract, therefore providing the company whatever it was they needed in order to move forward. That could be […]. The post What Does Procurement Mean for your Organization?

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E-Commerce Needs These Supply Chain Systems !

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Why don’t you have a TMS (Transportation Management System) Solution yet? Supply Chain Systems article and permission to publish here provided by Dave Joseph at veridian.info. E-commerce will continue to grow significantly through 2020 and beyond. As evidenced by the most recent peak shipping season , the need for effective, high-quality logistics and warehouse management has never been higher.

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Supply-Chain Awareness Is Growing at America’s Top Companies

Supply Chain Brain

Mentions of “supply chain” have grown nearly 30% in the past five years, according to annual reports from S&P 500 companies.

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5 Ways You Can Win Faster with Gen AI in Sales

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.

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Disruptions are Inevitable – Do You Have a 360° View of Your Suppliers?

Jaggaer

Think about how much has changed in the last six months – supply chains halted, delayed orders, even entire business shutting down. Unfortunately, when it comes to macroeconomic disruptions like this, it’s not a matter of if but when. Disruptions are going to strike again – don’t get blindsided. It’s arguably never been more important to have a 360° view of your suppliers than it is right now.

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5 Tips to Keep Your Material Handling Equipment Running Smoothly

All Things Supply Chain

The global supply chain depends heavily on material handling equipment. Therefore, when a machine goes down, operations can quickly grind to a costly halt.

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The Benefits of Procure-to-Pay

ivalua

Companies that process massive amounts of invoices must have clear policies and procedures in place. It is imperative that any organization has procedures and systems in place to minimize bureaucracy, error, risk and inefficiencies. A procure-to-pay solution offers a seamless process from point of order to payment. At Ivalua, we’ve seen how a Procure-to-Pay business process ensures sustained benefits through good buying practices, improves visibility and swifter issue resolution, and enables pro

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What Kind of Vendor Risk Management System Do You Have in Place?

ProcurePort

Data and personal information are two of the most valuable commodities in the marketplace today. Demonstrated by the massive international scandals related to global politics over the past 5 years, it’s evident that an individual’s data and information is almost as good as gold. Procurement departments deal with some of the most sensitive information that […].

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From Reactive to Resilient: Charting Your Supply Chain Maturity

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.

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Featuring Our 12 Best Change Management Articles!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Nothing can be accomplished and no vision can be realized without leadership. But even the best leaders know that any goal that they are trying to achieve will inevitably mean some level of change. They need Change Management. This change may manifest itself in changing business processes, changing job responsibilities and roles, changing organizations, changing infrastructure, changing products and services or even completel

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How Manufacturers Are Using Automation to Manage the E-Commerce Boom

Supply Chain Brain

Shippers and manufacturers are coping with the pandemic-fueled online shopping boom through the use of low-code automation.

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3 Strategies Every Executive Must Deploy

The Network Effect

The post 3 Strategies Every Executive Must Deploy appeared first on The Network Effect.

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Discovering the Importance of Cold Chain Logistics

All Things Supply Chain

Back in the late winter / early fall of 2020, the whole world became intimately familiar with the detailed innerworkings of the supply chain profession.

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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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86% of UK businesses face barriers developing digital skills in procurement

ivalua

A shortage of digitally savvy talent, and a lack of training for technical and soft skills, hinder digital procurement initiatives. 24th September 2020, London – Research from Ivalua, a leading provider of global spend management cloud solutions, has shown that a majority of UK businesses (86%) face significant barriers developing digital skills in procurement.

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Enhancing Your Contract Management System for 2021

ProcurePort

Whenever there are a variety of moving parts that all have to work seamlessly together – systems and processes can become convoluted. Procurement teams have to operate similarly to that of a clock. Each piece a cog, whose function affects the entirety of the clock. Contract management is one of the most important aspects in […]. The post Enhancing Your Contract Management System for 2021 appeared first on ProcurePort Blog.

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Freight Mode Optimization

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What’s the Difference Between Freight Management and Logistics Management? Freight mode optimization article and permission to publish here provided by Adam Robinson at FreightWaves.com. The ability to unlock freight optimization and gain meaningful insights to monitor, measure and improve supply chain management is more critical than ever.

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FedEx Seeks to Add Small Self-Flying Planes for Remote Areas

Supply Chain Brain

FedEx Corp. is looking at using small self-flying cargo planes to serve remote areas after experimenting with a technology startup on autonomous aircraft.

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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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Unleash the Power of AI to Unlock the Potential of Procurement Enterprise

Jaggaer

As technologies like AI and RPA continue to establish a firm position in the mainstream, they are driving a fundamental change in businesses across sectors, globally. Marketing, operations, product design, and finance are just some of the areas transformed by intelligent application. Now, as companies start to seek, and create competitive advantages, the procurement function is in the spotlight.

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The Next Chapter for the Supply Chain: The 3 most important topics shaping the future

All Things Supply Chain

No-one could have predicted over a year ago that a global pandemic would shut down economies all over the world; throw supply chains into chaos due to panic buying and…

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How Smart Procurement Software Can Help UK Companies Overcome the Digital Skills Shortage

ivalua

A shortage of digitally savvy talent, and a lack of training for technical and soft skills, hinder digital procurement initiatives. 24 th September 2020, London – Research from Ivalua , a leading provider of global spend management cloud solutions , has shown that a majority of UK businesses (86%) face significant barriers developing digital skills in procurement.

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Purchase Order Requisition Software Developments for Your Procurement Team

ProcurePort

In most technologically saturated markets, there are going to be constant developments. This is certainly the case in the context of procurement. Because the procurement department is so large and comprehensive in it’s functionality, departments often make use of a multitude of softwares. Making use of multiple softwares comes with it’s fair share of pros […].

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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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Process Based Inventory Turnover Improvement!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Featuring Our 10 Best Inventory Management Articles! Order our EBOOK HERE. Inventory management is a critical area for most companies. Too much inventory, especially the wrong inventory, can negatively impact cash flow, return on investment, customer satisfaction, and profitability.

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Amazon Plans to Put 1,000 Warehouses in Suburban Neighborhoods

Supply Chain Brain

With the holidays approaching, Amazon is consumed with honoring a pre-pandemic pledge to get products to Prime subscribers on the same day.

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Why Cognitive Automation makes IBP more Agile and more Strategic

Supply Chain Trend

A common IBP cycle has a monthly cadence providing an – up to 24 months – forward view of a business. It is often supported by a weekly control cycle, sometimes called Sales & Operations Execution (S&OE). This cycle plans demand & supply in more detail and over a shorter horizon, often around 12 weeks. IBP is data and resource hungry.

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15 Tips for Optimizing Your Supply Chain Today

All Things Supply Chain

From raw profitability and growth to the ability to delight customers with quick turnarounds, supply chain optimization is the missing ingredient for many organizations in a wide range of industries.

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GEP Outlook Report 2025

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