September, 2019

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The Aftermath of a Capsized Cargo Ship

All Things Supply Chain

On September 8th, the cargo ship Golden Ray capsized off the coast of the state of Georgia. At the time, the ship was carrying 24 people and 4,000 vehicles.

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6 metrics tips and tools to benchmark P2P Digital Transformation

ivalua

Vishal Patel, VP Product Marketing, Ivalua [link]. Data is beyond critical to Procurement Operations. It’s everything, and the burden falls on procurement leaders to capture pertinent data to build good teams, track performance and show value. Now with Digital Transformation as a mandate, Procurement officers must also find ways to measure their digital progress.

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Trending Sources

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Supplier Relationship Management vs Key Account Management: Is There a Difference?

ProcurePort

Regarding the soft skills requirements, the difference between job description for sales and supplier relations departments is entirely irrelevant. It is because it is enough to take a holistic approach to notice that we always have similar processes in the background. Most of the production companies engaged in the distribution have both procurement and sales […].

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Artificial Intelligence in the Logistics Industry

The Network Effect

How AI can solve logistics problems and generate value Artificial intelligence has started to impact the logistics industry, along with. The post Artificial Intelligence in the Logistics Industry appeared first on The Network Effect.

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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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How Supply-Chain Companies Can Build Roadmaps With AI

Supply Chain Brain

The supply chain as we know it is on the precipice of tipping from decades of steadily accelerating “push” dynamics to a new “push-and-pull” model.

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Never Automate a Bad Process!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! When I was presenting the latest Supply Chain Strategic Plan the CEO said to me, “We’ve already spent millions on Supply Chain! Everything should be working like clockwork. Why do you need more money?

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EBA Guidelines – A Call to Action for Banking Sector Procurement?

ivalua

Peter Smith, Managing Director, Procurement Excellence Ltd. The European Banking Authority (EBA) has published new guidelines on outsourcing , a document that has wide-ranging implications for every banking organisation, and requires careful consideration by procurement leaders and functions. The guidelines will enter into force on 30 September 2019.

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Why Are Reverse Auction Services a Staple of e-Procurement?

ProcurePort

A reverse auction is considered a staple of e-procurement. Unlike a typical auction, the sellers are bidding to obtain a companies business. The bidding for business generally leads to the prices offered to drop during the period of the procurement auction. A reverse auction targets new suppliers, and sets out to ensure any previous suppliers […].

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Ep. 014 – Creating a commodity strategy (external focus)

Procurement Zen

Let's look at the supplier market. Let's discover, how it influences your commodity strategy. This is the continuation of last weeks episode with the internal focus. Phil: Hello everyone. This is Philip and this is Tanya and we're here for week number two: how to create a commodity strategy. Last week we talked about the internal influencing factors.

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How a New Lease-Accounting Standard Will Impact Transportation and Logistics

Supply Chain Brain

Transportation and logistics companies need to pay close attention to a new standard for lease accounting, issued by the Financial Accounting Standards Board.

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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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The Factory Relocation Guide! (Infographic)

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Overcoming Trade War Myopia with Supply Chain Leadership! Article and infographic, and permission to publish here, provided by Kevin Brown at straightnorth.com. Relocating your factory? Anyone who has done it knows that it’s no easy task, and anyone who’s thought about it probably knows that it’s daunting to even consider.

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Supply Chain Innovation and the Catalyst for Business Growth

All Things Supply Chain

Procurement teams have a growing responsibility within organisations.

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Press Release Viparis optimizes procurement processes thanks to the Ivalua solution and CKS’s support

ivalua

Viparis has chosen Ivalua and CKS to equip its Procurement department with a software suite that meets the challenges of an exceptional deadline for the 2024 Olympic Games in Paris and will help sustain the Group’s growth. Orsay (France), September 02, 2019 – Viparis has chosen e-Procurement software vendor Ivalua and Consulting firm CKS to optimize the management of supplier relations, source-to-contract (purchase orders, calls for tender and contracts), expense analysis and measurement of Proc

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Building a Successful RFQ

ProcurePort

Imagine if your RFQ process took 50% less time, eliminating stacks of paper, manila file folders, and clunky filing cabinets. Imagine that you’re able to handle the typically arduous and detailed processes of procurement automatically and with less staff. This isn’t a dream. According to The Hackett Group, world-class procurement organizations successfully handle the RFQ […].

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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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ProcureCon Marketing 2019 – Come See Me Speak and Keep Austin Weird!

Ms. Category Management

ProcureCon Marketing - Join me on November 18-20th in Austin, Texas. I'll be presenting my case study of managing agencies through the product lifecycle.

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How Supply-Chain Finance Can Help Companies Protect Working Capital

Supply Chain Brain

U.S. manufacturers are lagging their European counterparts in the adoption of creative approaches to supply-chain finance. But three companies are demonstrating the varied ways in which that tool can be effectively deployed.

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Preparing Business for the Digital Supply Chain! (Oracle Interviews Mike Mortson)

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Imagining the Supply Chain of the Future! Mike Mortson was recently interviewed by Oracle as a part of their Global Supply Chain Influencer program. This article was posted on Oracle’s Supply Chain Management blog. Supply chain professionals are hiking their spending on supply chain innovation—substantially.

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Supply Chain weekly wrap up 9/20/19 – 9/26/19

All Things Supply Chain

Amazon buys 100,000 electric vehicles Amazon has made “the first major commitment for electric delivery vehicles in the U.S.

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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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AASHTO 2019 Annual Meeting, Oct. 5-9

ivalua

The Ivalua team will be attending the AASHTO 2019 Annual Meeting in St. Louis, Missouri. Come and visit us at Booth 418! Ivalua at AASHTO. The AASHTO Annual Meeting is one of the industry’s most important gatherings of transportation, government and commercial organizations. The Annual Meeting offers transportation executives the opportunity to network and share the latest in industry policies and innovations.

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How Spend Analysis Streamlines Future Procurement Decisions

ProcurePort

Spend analysis has become one of the most powerful tools available to businesses in 2019. Understanding what your company spends money on through spend analysis to assist with future procurement decisions increases saving opportunities, reduces maverick spending and even helps with supplier management. By conducting a regular spend analysis on your business you empower your […].

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Automation Hero September 2019: Peer Dahlgren of Proffsmagasinet

EazyStock

Peer Dahlgren, Purchasing Manager at Proffsmagasinet, has improved both service levels and inventory turnover thanks to automation, despite more than doubling the products in stock. This is why he is EazyStock’s September Automation Hero. Name: Peer Dahlgren. Title: Purchasing Manager. Company: Proffsmagasinet. Congratulations Peer! Can you please tell us a little about yourself, Proffsmagasinet and the work you do?

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Four Reasons Why Supply-Chain Managers Need Location Technology

Supply Chain Brain

Detailed location technology can have a significant impact on the efficiency and effectiveness of supply chains. Here are four ways in which the technology can prove critical to business operations.

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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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7 Ways to Improve Quality Control in Food Manufacturing!

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 provided by, and permission to publish here provided by, Cheryl Stevens. When you’re a food and beverage manufacturer, there’s no business more serious than quality control. Consumer safety and quality control go hand-in-hand for the food industry in a way that most other industries don’t have to deal with.

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Thrown to the Lions

All Things Supply Chain

How a TV show (and bad demand planning) tore down a German start-up No, of course we are not talking about the majestic animals from the African savannah.

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7th Annual PASA Premier Confex, 8 – 9 October 2019, Melbourne

ivalua

Where will Procurement be if it continues to work as traditionally as it has? This is one of the questions that will be discussed at the 7th Annual PASA Premier Confex which is being held in Melbourne. The Ivalua team will be represented by Kim Geck Lim , Louis Wong and Eric Wimphen. Presentation Slot, Day 1, 13.50 – 14.20. Enabling Smarter Procurement Today.

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Global Climate Strike and how to achieve your Science-Based Targets

SupplyShift

The Global Climate Strike is happening. At a time when almost every nation of the world has signed the Paris Agreement, emissions are still on the rise, and the world now faces a tipping point on climate action. From September 20 – 27, a youth-led climate strike will bring millions of global citizens out to the streets to demand climate justice and a radical shift away from fossil fuel dependence.

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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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What should you look for in AI solutions for procurement?

Jaggaer

A Gartner report published in September 2018, entitled “The Impact of Artificial Intelligence on Procurement Software Applications” set out the reasons why many procurement leaders are hesitant about investing in artificial intelligence (AI) solutions. The headline reason can be summarized in one word: hype. Based on the Gartner research and our own extensive survey findings, this article discusses what procurement professionals are looking for, and what they should look for in future, to secure

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Responding to Trade War Worries: A Six Sigma Strategy

Supply Chain Brain

The hidden risk of a protracted trade war goes beyond the most obvious downside of losing valued trading partners, disrupting the supply chain and increasing costs.

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Suppliers are Friends, not Food!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Strategic Supplier Relationship Management – Do’s and Don’ts. Article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. “Fish are friends, not food.”. Bruce, a great white shark, and his two shark friends gather alongside Dory and Marlin, taking a sacred oath, swearing off eating fish.

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7 Ways to Improve Your Quality Management Process

All Things Supply Chain

Quality management can be a make-or-break point for a manufacturing or distribution business.

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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.