ivalua

AUGUST 14, 2019

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 ).

Procurement 168

Procurement Sourcing Suppliers Management 168

All Things Supply Chain

AUGUST 25, 2019

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

Management 178

Management Logistics Supply 178

ProcurePort

AUGUST 21, 2019

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 […].

Procurement 100

Procurement Buyers Purchasing Sourcing 100

Supply Chain Collaborator

AUGUST 14, 2019

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. .

supply chain software solutions 95

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Dwell Time 95

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Supply Chain Brain

AUGUST 13, 2019

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.

Supply chain 106

Supply chain Supply 106

The Network Effect

AUGUST 29, 2019

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.

Supply Chain Optimization 77

Supply Chain Optimization Networking Supply chain Supply 77

All Things Supply Chain

AUGUST 12, 2019

In 2011, the UN Human Rights Council developed the first international corporate guidelines for respecting human rights.

Logistics 167

Logistics Supply chain Supply Management 167

ProcurePort

AUGUST 7, 2019

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 […].

Spend management 100

Spend management Management Sourcing Suppliers 100

Supply Chain Collaborator

AUGUST 23, 2019

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.

Data 74

Data Supply chain Supply Logistics 74

Supply Chain Brain

AUGUST 7, 2019

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

Logistics 107

Logistics Supply chain management Supply chain management Management 107

Advertiser: GEP

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.

Supply chain

Supply Chain Game Changer

AUGUST 29, 2019

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.

Inventory control 65

Inventory control Inventory supply chain software solutions supply chain budgeting 65

ivalua

AUGUST 29, 2019

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.

Procurement 154

Procurement Procurement team Supply Chain Efficiency Business strategy 154

All Things Supply Chain

AUGUST 4, 2019

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

Supply chain 145

Supply chain Supply Supply chain management Supply chain management 145

Procurement Zen

AUGUST 3, 2019

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.

Strategy 52

Strategy Influencing Demand Suppliers 52

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

Bidding

Supply Chain Collaborator

AUGUST 2, 2019

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.

Strategy 69

Strategy Real-time Visibility Contract Bidding 69

Supply Chain Brain

AUGUST 2, 2019

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

Strategy 103

Strategy 103

Supply Chain Game Changer

AUGUST 28, 2019

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

supply chain software solutions 65

supply chain software solutions Supply Chain Efficiency Supply chain Logistics 65

ivalua

AUGUST 28, 2019

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

Procurement 154

Procurement Budget Leadership Suppliers 154

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.

Supply Chain Optimization

All Things Supply Chain

AUGUST 18, 2019

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

Supply 113

Supply Supply chain management Supply chain management Supply chain 113

The Network Effect

AUGUST 23, 2019

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.

Networking 47

Networking Supply chain management Supply chain management Leadership 47

EazyStock

AUGUST 23, 2019

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

Demand 45

Demand Supply Chain Optimization Supply chain management Supply chain management 45

Supply Chain Brain

AUGUST 16, 2019

With advances in technology driven by artificial intelligence and the creation of data lakes, organizations are coming to recognize their value to industrial production.

Data 70

Data 70

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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.

Real-time Visibility

Supply Chain Game Changer

AUGUST 22, 2019

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.

supply chain budgeting 63

supply chain budgeting Logistics Networking Budget 63

ivalua

AUGUST 2, 2019

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

Suppliers Price Procurement Import 138

Slimstock

AUGUST 27, 2019

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!

Inventory 40

Inventory Supply Chain Optimization Real-time Visibility supply chain software solutions 40

The Network Effect

AUGUST 6, 2019

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.

Supply Chain Efficiency 43

Supply Chain Efficiency Supply chain Networking Supply 43

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

Sustainability

Claritum

AUGUST 23, 2019

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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Supply Agile and Lean Supply Chain Suppliers Contract 36

Supply Chain Brain

AUGUST 29, 2019

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

Logistics 96

Logistics 96

Supply Chain Game Changer

AUGUST 20, 2019

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Digital Supply Chain (SC 4.0) Overview! What You Need to Know! (Video). The Digital Supply Chain , or Supply Chain 4.0, is the future. Enabled by highly publicized technologies such as Blockchain , Big Data , the Internet of Things , Autonomous Vehicles , Cloud Computing , Artificial Intelligence , Virtual/ Augmented Reality , 3D Printing and more the Digital Supply Chain holds great promise and exciting opportunities.

supply chain software solutions 58

supply chain software solutions Supply Chain Optimization Supply Chain Efficiency Supply chain 58

ivalua

AUGUST 28, 2019

National survey of state procurement officials finds states are moving toward a more modern approach to buying. WASHINGTON, Aug. 27, 2019 (GLOBE NEWSWIRE) — States are becoming more data-driven and value-focused in their purchasing. Those are just two of several findings in the Governing Institute’s newly released 2019 procurement survey, 5 Trends That Are Reshaping How Governments Buy , which highlights some of the biggest emerging trends, issues and innovative best practices in state co

Procurement 124

Procurement Contract Contract management Purchasing 124

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Supply Chain Optimization