September, 2020

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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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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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7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.

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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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How Carriers and Shippers Will Navigate an Unpredictable Peak Season

Supply Chain Brain

Every year around this time, carriers, distributors and logistics providers gear up for the coming peak holiday shopping season, on which shippers depend for a large portion of their annual revenue. This year, however, is different, thanks to the coronavirus pandemic and resulting economic freefall.

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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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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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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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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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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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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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GM Events – Executive Virtual Boardroom – Mitigating Supply Chain Risk and Building a Resilient Enterprise

ivalua

The post GM Events – Executive Virtual Boardroom – Mitigating Supply Chain Risk and Building a Resilient Enterprise appeared first on Ivalua.

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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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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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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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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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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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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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Supply Chain Orchestration: A New Era in Supply Chain Management

When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.

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How Effective Partnerships are Essential to Transforming Your Digital Capabilities at Pace

ivalua

The post How Effective Partnerships are Essential to Transforming Your Digital Capabilities at Pace appeared first on Ivalua.

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Breaking Down the Category Management Definition in Procurement

ProcurePort

When Brian F. Harris, former university professor at the University of Southern California (USC) first coined the term “category management” it was in relation to retail. Today, however, the term has found widespread use across sectors including the procurement industry and adopted a variety of meanings. With so many interpretations what is the official category […].

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The Mask Supply Chain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Strategic National Stockpiles and Sourcing for the National Interest! I went into an ice cream store the other day to get a treat for my Granddaughter. As per the norm these days I put on a mask and noticed the signage on the door requiring everyone to wear a mask inside. The person who entered the store behind me did not have a mask and was soon told by store personnel that she would not be served without a mask.

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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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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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‘Boxing Clever’: Realizing the Benefits of Intelligent Cartonization

Supply Chain Brain

Cartonization is getting more attention from businesses as rising volume demand and shipping restrictions drive up costs, and as warehouses surge-hire less-experienced packers to keep up.

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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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A Checklist for Developing a Future-Proof AP Organization by The Hackett Group

ivalua

The post A Checklist for Developing a Future-Proof AP Organization by The Hackett Group appeared first on Ivalua.

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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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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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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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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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Watch: Is Mexico 'The New China' for Manufacturers?

Supply Chain Brain

Trade consultant Nelson Balido, principal of Balido & Associates, outlines what Mexico's government must do in order for that country to become an attractive alternative for manufacturing products destined for U.S. consumers.

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How Does Last-Mile Delivery Affect Your Ecommerce Brand?

All Things Supply Chain

The eCommerce industry continues to grow, and it is estimated that in 5-10 years consumers online shopping will surpass shopping in stores.

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.