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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7 Leadership Themes for Procurement & Supply Chain Leaders in 2024

Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.

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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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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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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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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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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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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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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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Supply Chain Orchestration: A New Era in Supply Chain Management

When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.

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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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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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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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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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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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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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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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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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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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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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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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IMO 2020 is Here. Are You Ready?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Maritime Industry in Search of Blockchain Orchestrator! IMO article and permission to publish here provided by Jenish Sheth. The IMO’s (International Maritime Organization) new Sulphur regulations, IMO 2020, will have far-reaching consequences for the global trade community. During the 17th session of MEPC (Marine Environment Protection Committee) meeting at London on 28th Oct. 2016, International Maritime Organization (IMO)

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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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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.