August, 2019

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Management by Exception in Logistics – No Rule Without Exception

All Things Supply Chain

With the management technique “Management by Exception,” managers leave the handling of routine cases to the employees in charge.

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Seeking Evidence of Procurement’s Impact and Momentum

ivalua

Much has been made in 2019 about the gap between the findings of procurement self-assessments and where each organization stands when they are evaluated against their peers using objective measures. Just as procurement’s impact on the organization is quantitatively captured using metrics such as savings and spend under management, the maturity and digital readiness of the function can be objectively tracked and benchmarked (check out Forresters Digital Procurement Maturity Assessment ).

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AI in Supply Chain: Six Barriers to Seeing Results

Supply Chain Brain

Artificial intelligence has the potential to radically change just about everything for the better. But there are a number of obstacles to its successful adoption in the supply chain.

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5 Costly Mistakes that Procure-to-Pay Software Prevents

ProcurePort

Procure-to-pay (p2p) is the name for software that handles procurement via electronic format. That includes all steps of the p2p cycle from requesting and sourcing to purchasing and paying suppliers for goods and services. The more seamless the process, the more efficient a buyer can be with resources. Whether you are in the procurement industry […].

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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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TMS Delivers on NASSTRAC’s Five Common Sense Suggestions for Shippers

Supply Chain Collaborator

A recent NASSTRAC report revealed five common-sense suggestions for shippers navigating today’s disruptive operating environment. Unsurprisingly, these suggestions aligned perfectly with the technology solutions already in production from top TMS software solutions. Read on for the details on NASSTRAC’s five recommendations and how top TMS delivers success for those shippers who’ve embraced it. .

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Unlocking the Value in Your Supply Chain Network

The Network Effect

Combine artificial intelligence with business network technology for optimal results Many companies pursuing artificial intelligence (AI) initiatives, are doing so. The post Unlocking the Value in Your Supply Chain Network appeared first on The Network Effect.

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Inefficient Procurement processes are costing UK businesses almost £2m per year, reveals research

ivalua

Two-thirds of businesses still reliant on manual and paper-based processes . 29 th August 2019, London – Research from Ivalua , a leading provider of global spend management cloud solutions , has shown that Procurement, supply chain and finance professionals are spending almost a third (31%) of their time dealing with inefficient paper-based or manual Procurement processes, which is costing UK businesses on average £1.94m annually* and limiting Procurement teams’ ability to deliver more strategi

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Four Ways AI Is Impacting Logistics and Supply Chain Management

Supply Chain Brain

Global logistics companies are creating a new normal in how they manage data, run operations and serve customers.

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6 Ways that Spend Management Software Improves the Process

ProcurePort

Sourcing has always been an opaque part of the procurement process. Finding suppliers and closing business deals is a job that depends in large part on personal connections. In the modern age of globalization though, efficiency is the number one priority. If an organization wants to remain competitive, it needs to digitize. That’s where spend […].

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What is the Nucleus Supply Chain Data Hub in UltraShipTMS

Supply Chain Collaborator

Achieve Supply Chain Digitization Goals. UltraShip’s Nucleus Supply Chain Data Hub Ensures Easy, Accurate Data Flow Through the Logistics Portion of any Enterprise Supply Chain Tech Stack. The post What is the Nucleus Supply Chain Data Hub in UltraShipTMS appeared first on UltraShipTMS.

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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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Are Ghost Assets Haunting Your Inventory Control?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Do You Want Inventory Turnover Breakthrough? Define and Manage The Levers! Article written for Supply Chain Game Changer by, and permission to publish here provided by, Christina Morrison at [link]. Imagine an asset that, instead of contributing to a business’s success, costs it money without producing return, makes it harder to get an accurate picture of performance and otherwise hinders its success.

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The Amazing Back-to-School Supply Chain

All Things Supply Chain

The minute we’ve all finally settled into the slower pace of the summer months, the signs go up: Back to School!

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Procurement can’t afford to be a digital laggard in today’s complex landscape

ivalua

Alex Saric, CMO, Ivalua. In today’s turbulent business landscape, the challenges facing organisations have become increasingly complex, with uncertainty from geopolitical events such as Brexit and tariff negotiations impacting day-to-day operations. Leading the charge in navigating this constantly shifting trading environment is the Procurement department.

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How to Create a Successful Business Intelligence Strategy

Supply Chain Brain

Business intelligence is a mandatory tool for companies that wish to survive in the current economy.

Strategy 106
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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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Understanding Supply Chain Network Technology

The Network Effect

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A Strategy for Shippers When Markets Telegraph Lower Freight Rates

Supply Chain Collaborator

When broader market rates for truckload freight change significantly, shippers can find themselves paying prices for shipments well outside of what current market rates should dictate. This is particularly true when market rates fall after a period of sustained high pricing. It would seem, shippers are currently experiencing this situation today as the markets telegraph lower freight rates.

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Food Industry Delivery Trends!

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! (Videos). Article originally published by, and permission to publish here provided by, Raanan Cohen at bringg.com. It’s never been easier for food companies to reach their customers. Restaurant delivery has grown 20% in the last five years; while estimates differ, online food delivery sales are estimated to grow as high as $220 billion by 2023 – 40% of total

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Changed Regulations to Ensure Environmentally Friendly Industrial Packaging Supplies Continues

All Things Supply Chain

Plastics are woven into the fabric of our lives. We use them everywhere from our kitchens to hospitals.

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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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Successfully Launching a Digital Procurement Transformation

ivalua

Alex Saric, CMO, Ivalua. In an earlier post , I wrote about the importance and overall success factors involved in digitally transforming Procurement. Virtually every Procurement organization has started or is planning to start this journey, given its importance to meeting Procurement’s ever growing list of objectives. . Yet far too many struggle. 82% of respondents to a recent Forrester survey on Executing a Successful Procurement Transformation had switched their technology or plan to switch d

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The Untapped Potential of Reverse Logistics

Supply Chain Brain

Why is reverse logistics overlooked as a means of increasing customer satisfaction and ROI?

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Ep. 013 – Creating a commodity strategy (internal focus)

Procurement Zen

A decent commodity strategy is key to any strategic buyers success. This episode of the podcast focuses on the internal questions one might ask. So what is a commodity strategy? Here's what KB Manage has to say about it. commodity strategies (sometimes referred to as 'commodity sourcing strategies') are purchasing strategy plans that refer to commodity goods.

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Why Re-Implement Your ERP When You Can Surpass It for Less?

The Network Effect

Save millions on your SAP S/4HANA® migration while creating greater business value with business network technology As SAP pushes its. The post Why Re-Implement Your ERP When You Can Surpass It for Less? appeared first on The Network Effect.

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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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10 Tips To Be A Successful Freight Broker!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 3 Most Common Freight Forwarding Scams (and How to Avoid Them)! Article, and permission to publish here, provided by Aaron Anderson at JW Surety Bonds. The transportation industry has seen a rapid influx of interest and growth over the last several years, and this includes the professionals who work as intermediaries between shippers and carriers.

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Are You Shipping Air? Meet Minimum Order Requirement with Order Fill-up

EazyStock

You know the challenge. You’re pulling together an order of item ‘A’ to a supplier and you realize that you are below the minimum requirement for order value, volume or weight for your supplier to fulfill that order. So what do you do? Maybe just throw a few extra of item ‘A’ in, order some of item ‘B’ to bump you up towards the minimum requirement and top off the rest of the order with item ‘C’ because the cost per unit is enough to push you to the minimum requirement (even though there is no f

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Lessons from the Latest Gartner P2P Magic Quadrant

ivalua

With Gartner’s recent release of their 2019 Magic Quadrant for P2P Suites , it seems a good time to reflect on what truly drives success. As our expectations as consumers continue to grow, it is only natural that we bring those to the workplace. After all, why can’t business purchasing be as simple and, daresay, enjoyable as consumer shopping? The Times They are a Changin.

Suppliers 138
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From Iceland to America: Drone Delivery Inches Closer to Reality

Supply Chain Brain

Iceland continues to act as a proving ground for the use of drones in package-delivery services.

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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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Inventory Allocation: How Retailers Can Find the Perfect Balance

Slimstock

Retailers face a real conundrum. On one hand, everything from the costs of raw materials to commercial retail space is always getting more expensive. And on the other, customers can quickly check dozens of options for any purchase so retailers must ensure that their traditional brick and mortar stores add value to the overall shopping experience. For anyone looking to minimize operating costs while maintaining margins, inventory allocation is one area that simply cannot be overlooked!

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How AI is Generating Value for US Restaurants

The Network Effect

How artificial intelligence is driving better customer service and supply chain efficiencies in the restaurant supply chain Artificial Intelligence (AI). The post How AI is Generating Value for US Restaurants appeared first on The Network Effect.

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Featuring Our Top 10 Inventory Management Articles!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. A Formula For Achieving Game Changing Results! Inventory is often the single largest asset in most companies across any industry. It consumes a lot of cash, impacts return on investment and profitability, enables or impedes growth and customer satisfaction, and requires a tremendous amount of resource to manage it.

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Minority Business Enterprises – Diversity of Supply Article

Claritum

Claritum Article - Procurement Blog. Contents. 1. Introduction. 2. Why is diversity of supply important. 3. Achieving results with supplier diversity. 4. Strategic approach to supply diversity. 5. Tracking success. 6. Indirect spend and supply diversity. 7. Conclusion. 8. Resources. 9. Appendix. 1 Introduction. In the US alone Minority Owned Businesses (MBE) generate $1.4 trillion of annual gross receipts There are over 8 million minority owned businesses in the US and 7.2 million people are emp

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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