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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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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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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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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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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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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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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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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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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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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Brace Yourself: Here Comes the Urban Mega-Warehouse

Supply Chain Brain

If you think city streets are congested now, imagine a giant distribution center landing smack in the middle of a busy urban environment.

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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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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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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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Supply Chain Weekly Wrap-Up: 01/24/20 – 01/30/20

All Things Supply Chain

Coronavirus outbreak to cause Supply Chain disruption Global supply chains are bracing themselves for widespread disruption after the outbreak of the Coronavirus in China.

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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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Insights from New York City’s Procurement Transformation

ivalua

The post Insights from New York City’s Procurement Transformation appeared first on Ivalua.

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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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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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Automating Logistics with an Intelligent Logistics Network

The Network Effect

The post Automating Logistics with an Intelligent Logistics Network 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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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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Supply Chain Weekly Wrap-Up: 01/17/20 – 01/23/20

All Things Supply Chain

Supply Chain Sustainability dominates The World Economic Forum in Davos The World Economic Forum 2020 brought world and business leaders together in Davos, Switzerland, where the conversations and discussions were…

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Key Findings of the 3rd Annual Supply Chain Data Quality and Data Governance Study

ivalua

As more procurement and supply chain processes become digitized, the importance of high quality, well managed data will skyrocket. With the rise of automation transitioning more operational heavy lifting into the realm of computers, data becomes the only viable mechanism for monitoring and improvement. Data quality and governance therefore hold two-fold importance in this new digital supply chain world: The quality of the data driving analytics and business decision making determines the ultimat

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Four Ways Blockchain Is Changing the Food Supply Chain

Supply Chain Brain

At its core, blockchain solves problems with communication.

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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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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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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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Freight Industry Insights – FreightPOP Interviews Mike Mortson

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Do you have a Freight Management Strategy or are you Spinning your Wheels? Freight Industry article originally published by FreightPOP. We recently interviewed Mike Mortson, founder of Supply Chain Game Changer, about the trends he sees in shipping and freight. He says digitizing supply chains is a significant trend.

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Supply Chain Weekly Wrap-Up: 01/10/20 – 01/16/20

All Things Supply Chain

Maritime Shipping: It’s all smooth sailing despite historic fuel switch Members of the International Maritime Organization (IMO) decided to implement a major maritime fuel change aimed at reducing emissions.

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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