January, 2020

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Supply Chain technology trends for 2020

All Things Supply Chain

From the implementation of Industry 4.0, the increased importance of being sustainable, the rise of supply chain technology or blockchain, the 2010’s saw some significant changes to the supply chain.

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Speed, Collaboration and Innovation – Key Words for the New Procurement Decade

ivalua

The need for organisations to move quickly to protect and grow their business is not new, but through the last decade, the risks for those who don’t have grown. . Think about all those retailers who no doubt thought they would eventually develop a decent online offering – but there was no rush, was there? Or the automotive firms, who watched Tesla with the condescending view that electric cars would just be a fad, until they also realised the true potential.

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RFQ Software As A Stepping Stone To Procurement Automation

ProcurePort

The RFQ process is an incredibly important part of the procurement process. Without it, businesses would struggle to understand what certain goods and services may cost before an RFP has been issued, which in turn gives businesses a greater understanding of the total costs they are likely to face. Having successful RFQ software in place […]. The post RFQ Software As A Stepping Stone To Procurement Automation appeared first on ProcurePort Blog.

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Three Reasons to Adopt Supply Chain Technology

Supply Chain Brain

Despite the super-hype around technologies like artificial intelligence and the internet of things, many companies still rely on paper and spreadsheets to complete critical tasks.

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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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UltraShipTMS Kicks Off 2020 With 90-Day Food Logistics Education and Information Sharing Campaign for Food Shippers

Supply Chain Collaborator

Events Include Industry Expert Roundtable Discussions Produced in Partnership with the CSCMP NY/NJ Roundtable and Ongoing Relationship with Food Shippers of America. January 6, 2020 – Fair Lawn, NJ – UltraShipTMS is kicking off a 90-day campaign of education and information sharing on the latest innovations and best practices for superior food logistics operations in the new decade.

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Procurement Terminology is a Mess!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Procurement language article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. From one Procurement organization to the next, terminology differs. Of course, it’s impossible to expect that every company would work within the exact same framework of understanding and messaging, but the lack of being able to communicate can sometimes be the difference between success and failure

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5 Procurement Focus Areas for States in 2020

ivalua

All states want to use public resources wisely and efficiently but doing so quietly is not enough to meet expectations. It must be clearly visible to everyone in the state that procurement is well run. This additional level of requirement provides a perfect opportunity to leverage the capabilities of technology to communicate and centralize spend and supplier information state-wide.

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Strategic Sourcing Solutions are Transforming Procurement

ProcurePort

Recently, there have been changes regarding how companies interact with their customers and business partners alike. In the same vein, the era of manual sourcing is eclipsing, while automated procurement solutions are evolving as a result of digital transformation. With the help of strategic sourcing solutions, businesses can maintain better relationships with strategic business partners, […].

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The Rise of Blockchain in Seafood Traceability

Supply Chain Brain

The seafood industry is plagued by poor management, malpractices and the inability to track product from origin to consumption.

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Select TMS With an Eye on the Future

Supply Chain Collaborator

Been reading about Blockchain for the Supply Chain? Machine Learning for demand planning and efficient transportation routing? Artificial intelligence (AI) and lights out supply chain management? Chances are, your supply chain logistics operations are not quite ready to embrace these cutting-edge technology-fueled strategies. But that shouldn’t prevent you from at least considering tomorrow’s tech when you’re selecting a TMS platform today.

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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 Elegance of the Costco Supply Chain!

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! To begin I must admit that Costco is one of my favourite stores. I started thinking about the Costco Supply Chain. Stereotypically I almost always buy more than I intended given the unique things that you find in their aisles.

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Designing a Filling Machine System

All Things Supply Chain

Designing a filling machine system is no introductory task, and no two systems are the same.

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5 Procurement Focus Areas for Cities & Counties in 2020

ivalua

What will the new year bring for public sector procurement at the city and county level? While every locale has differences based on geography, demographics, previous technology implementations, budget and current maturity level, there are some areas of focus that we expect to see across the board in 2020. While each municipality may be in a different position regarding each of the 5 areas described below, they all remain prime for improvement, whether from a beginning position to a more mature

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Indirect Procurement Can Help Overcome Team Challenges

ProcurePort

Procurement takes an array of different forms, and each form has a distinct impact on the organization. For example, sourcing materials for manufacturing your products is one form of procurement while sourcing goods and services for internal use is another. Learn about indirect procurement, how to use it effectively and how it can affect your […].

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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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Six Steps to an Ethical and Sustainable Supply Chain

Supply Chain Brain

Manufacturers today face increasingly complex challenges, from economic instability to compliance pressures and heightened global competition.

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Ask the “Right” Questions During TMS Selection to Avoid Surprises Later

Supply Chain Collaborator

It’s easy for an RFx process to get mired in the weeds. You have to ask the right questions to get the right answers to the most relevant challenges inherent in selecting a technology (and more importantly a provider/partner). Seeking detailed answers to questions about TMS features, functionality, data security and costs is surely important. But, don’t lose sight of the following questions; the answers to which will have a much more critical impact on the overall success (and cost) of your

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The Cannabis Supply Chain and Logistics Map!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Challenges in the Cannabis Supply Chain! Article written by, and permission to publish here provided by, Alan Wood at [link]. Do you find yourself thinking about starting a business in the marijuana industry? Perhaps you are thinking about taking your hobby as a gardener into a full-time cannabis farming.

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Why An Holistic Approach to Suppliers? Your Questions Answered

Jaggaer

Last week, Director of Product Management Georg Rösch hosted a webinar that asked the question, “Why is it important to take a holistic approach to supplier management?” His 45-minute presentation outlined the crucial functions of a supplier management approach and the advantages of managing suppliers well which generated a few insightful questions from our audience. .

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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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Paris 2020 – EN – Antoine Doussaint

ivalua

Antoine Doussaint CSR Deputy Director. Antoine Doussaint, 54 years old, had a degree in Economics from Paris II University as well as an EMBA from ESCP. Part of his carreer, he was CPO at Chronopost from 2000 to 2006, then CPO of Groupe La Poste from 2008 to 2014, and he’s now CSR Deputy Director part of the Social Engagement Department at Groupe La Poste in charge of Environment/Energy.

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5 Procure to Pay Risks Procurement Teams Could Miss

ProcurePort

Procure to pay has to do with getting goods and supplies from suppliers or manufacturers and paying for them. As a company, it is important to run a procure to pay system if you are concerned about managing cash flow, making profits and doing business with reputable suppliers. In this post, we’ll look at 5 […]. The post 5 Procure to Pay Risks Procurement Teams Could Miss appeared first on ProcurePort Blog.

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Cargo Theft: The Good, the Bad and the Ugly

Supply Chain Brain

The situation was simple and understood by all local parties: Shipment must be re-sent, cargo was stolen. While this was apparently a common occurrence in that particular country, the nonchalant attitude toward serious cargo theft raised my eyebrows.

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8 Signs You Need Inventory Planning Software

EazyStock

Do you need inventory planning software? Enterprise Resource Planning (ERP) platforms are a big investment for any organization. They also take a lot of time and resources to design, customize and implement. But once they’re up and running, there’s no doubt they offer a wealth of benefits, including streamlined processes, improved productivity, centralized data and better departmental collaboration.

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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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Case Building for Supply Chain Risk Management!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Case building article written by, and permission to publish here provided by, Ashley Halsey. An effective supply chain is the ironic link that every business requires to join together a well-developed product and the market. Everyone knows that, though not everyone takes the time to properly assess the difficulties of their respective markets.

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Best Negotiation Books

Procurement Zen

After reading a lot of them, here are the 7 best negotiation books for me. Here is what makes these books special: Each best books on negotiation is very hands-on. All author's offer approaches you can apply right away. This makes the books very practical. Some negotiations books are more basic with terms you might have heard of, some are more advanced.

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Art of Procurement 290: The Value Of Digital Procurement In The Manufacturing Sector

ivalua

The post Art of Procurement 290: The Value Of Digital Procurement In The Manufacturing Sector appeared first on Ivalua.

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The Key Difference Between Reverse Auction and Bidding

ProcurePort

Reverse auctions can bring huge success to your business if they are executed correctly with a well-defined e-Sourcing process. According to the U.S. Defense Logistics Agency, reverse auctions were able to save around $1.6 billion in a single year. Reverse auctions can therefore help you save money, as well as give you the opportunity to […]. The post The Key Difference Between Reverse Auction and Bidding appeared first on ProcurePort Blog.

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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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Returnable Packaging and IoT: Keys to a More Sustainable Supply Chain

Supply Chain Brain

As consumers become more eco-conscious, they push brands to adopt more sustainable practices. Many have responded by increasing their reliance on returnable industrial packaging.

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Inventory Challenges Management 1: Supply Chain Complexity

EazyStock

Common Challenges of Inventory Management. We all know that marketplaces are constantly changing. For starters, the international trading landscape is more uncertain than ever. In addition, eCommerce is driving increased competition from traders across the globe, both large and small. And with customers being more demanding and more vocal about their experiences, the need to provide an exceptional service at top speed is becoming the norm.

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Easy Tricks to Ensure Your Business Will Succeed!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. A Formula For Achieving Game Changing Results! Business will succeed article and permission to publish here provided by Joelle Peters. Starting a business can be downright terrifying. There are hundreds of unknowns, from how your business will be received to making the right decisions for your brand.

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Martech WEBINAR! Keys to a Successful Martech Procurement

Ms. Category Management

Webinar on Martech Procurement: Please join Ms. Category Management and other amazing Sourcing Professionals in a Webinar in best practices in Sourcing the Martech Stack!

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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.