May, 2022

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The impact of the European energy crisis on supply chains

All Things Supply Chain

The topic of energy has been widely discussed since the climate crisis began, and now, energy is experiencing a crisis of its own, due to the current events happening in…

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Friends not Foes, Supplier Relationships Made to Last

ivalua

Supply chains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supply chain and your customers’ end markets. A company’s supply chain is a key source of competitive advantage and Supply Chain Management (SCM) is designed to allow a company to monitor its suppliers and utilize the available resources to improve performance.

Suppliers 246
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What is Sourcing Process in Procurement – A Complete Guide to Sourcing Processes [2022]

ProcurePort

• Sourcing is the process of finding the most suitable suppliers of goods and services to a company. When sourcing, a business has to consider the following constraints: cost, profit margins, and competitiveness. • The right supplier must offer a good enough price so that the acquiring business can make a profit margin by trading […]. The post What is Sourcing Process in Procurement – A Complete Guide to Sourcing Processes [2022] appeared first on ProcurePort Blog.

Sourcing 246
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AI in Supply Chain: Five Things to Prioritize

Supply Chain Brain

To cope with the seemingly never-ending supply chain crisis, business leaders are turning to artificial intelligence to make strategic business decisions. .

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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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CBRE and Zurich’s approach to boosting spend with diverse suppliers and social enterprises

Procurement Leaders

Challenge. Like an increasing number of companies, property services giant CBRE recognises the value of using procurement to drive social impact through spending with diverse suppliers and social enterprises. As well as helping to create a more equal society, this can also drive improvements in resilience and innovation, and enhance a company’s attractiveness to clients with similar social goals.

Suppliers 130
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Greenbiz Highlights Sheri Hinish at Circularity 22 Discussing Community Resilience and Circular Supply Chains

Supply Chain Queen

The post Greenbiz Highlights Sheri Hinish at Circularity 22 Discussing Community Resilience and Circular Supply Chains appeared first on SupplyChainQueen.

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#1! Are you a Supply Chain Digital Champion?

ivalua

Digital Champion Best Practices. In today’s dynamic business environment, consumer behavior and expectations are changing dramatically. As the demands on supply chains continue to increase, so do the expectations of consumers. Most consumers are conducting their own research before making decisions, buying across multiple channels and expecting customized products and services.

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Vendor Management for Dummies

ProcurePort

• A vendor management system provides efficiency, reduces operational costs, and extends a collaborative approach to improving products and services. • Managing vendors is a central part of any procurement process. Despite the criticality of vendor management in modern supply chains, organizations are yet to deploy vendor management systems. Tips to Help You Understand Vendor […].

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Eight Warehouse Implementations That Improve Importing and Exporting

Supply Chain Brain

Even in our brave new world of pandemic disruptions, the most important steps to improve import and export performance are the ones that focus on the fundamentals.

Export 138
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Pan American Health Organization’s digital endeavours to increase procurement speed and efficiency

Procurement Leaders

Challenge. Automation promises to hugely streamline the job of procurement, eliminating tedious administrative work and ultimately allowing the function to move faster and focus on more strategic priorities. That was the aim of the Pan American Health Organization (PAHO), a specialised international health agency for the Americas, when it turned to robotic process automation (RPA) as it faced up to the unprecedented challenge of helping countries throughout the Americas in their response to the

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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 Single Point of Failure in Supply Chain – Baby Formula!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Single Point of Failure in Supply Chain – The Suez Crisis! There are over 3.5 million births in the United States every year. That is a lot of babies who need baby formula. With such a large number of births you would expect that there would be a steady, well established industry supporting the supply of all needs for new mothers, babies and their families.

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Supply Chain Weekly Wrap-Up 05/13/2022-05/19/2022

All Things Supply Chain

U.S.

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Gaining Competitive Advantage via Holistic Supplier Management

ivalua

The post Gaining Competitive Advantage via Holistic Supplier Management appeared first on Ivalua.

Suppliers 130
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Effective Sourcing Processes within a Firm Can Improve Profits for the Firm

ProcurePort

• The sourcing function within any organization is part of the broader procurement efforts. The sourcing function ensures that the organization is getting its products from the most suitable suppliers. • If possible, the sourcing function should influence the supply market through engagement with suppliers for mutually beneficial relationships. • An effective sourcing strategy considers […].

Sourcing 130
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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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Got Supply Chain Woes? Try Getting Flexible in These Three Areas

Supply Chain Brain

When shipping rates began to rise at the start of the COVID-19 pandemic, there was hope that the situation would be short-lived. Unfortunately, two years later, it has become clear that shipping issues are here to stay. .

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No-Code Platforms for Supply Chain – All You Need to Know

SCMDOJO

Modern enterprises rely on supply chain software to track several activities, including manufacturing and distribution of goods. However, most of these systems were created before web technologies existed or were in their infancy. Many supply chain systems are closed-source, all-in-one, proprietary, expensive, and difficult to customize ( read Why ERP Sucks ).

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11 Benefits of Working in A Coworking Space!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Shared Working Spaces are Great for Business Growth! Are you tired of working in isolation? Is your office space too small or big and empty? It’s time to change your working environment and look for a coworking space near you. Coworking space is fast replacing the conventional offices where you have to fit in a cubicle to focus on your work.

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How Can You Automate Procurement and Supply Chain Jobs?

All Things Supply Chain

Automation has brought a lot of value to industries across the United States in recent years.

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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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Five Strategies to Establish Supply Chain Continuity

ivalua

The post Five Strategies to Establish Supply Chain Continuity appeared first on Ivalua.

Strategy 130
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Top 6 Challenges in Procurement and How to Overcome Those

ProcurePort

• Procurement was long regarded as an administrative function. But it’s slowly emerging to be a strategic and a critical component of any organization. Today, more than ever, procurement has immense potential to impact different areas of expenditure and affect the bottom line. • Business leaders and managers must remember that procurement can best deliver […].

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How Automation Is Transforming Delivery and Logistics Behind the Scenes

Supply Chain Brain

The term “automation” often conjures images of warehouse bots and self-driving trucks. But the real magic of automation is much less flashy.

Logistics 133
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What to focus on in IT tenders

ABC of Procurement

IT procurement is a completely different type of procurement. How procurement can add value to the process? Here are a couple of hints. The post What to focus on in IT tenders first appeared on ABC of Procurement.

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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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6 Ways to Protect Your Business from Ransomware Attacks!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Why Cyber Security is Important! As a business owner, you need to be aware of the threat of ransomware which holds data hostage in exchange for payment. This form of malware is not new. So, why is it even more important to protect your data against this type of threat? The pandemic has prompted a surge in digitization in the last couple of years: more people work remotely, and we use the internet to hold meetings and exchange

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Three examples of how sustainable companies are using green technology

All Things Supply Chain

With global efforts to raise awareness about climate change on the rise, more and more consumers are checking the eco credentials of the companies that they buy from.

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Turn Accounts Payable into a Strategic Business Partner

ivalua

The post Turn Accounts Payable into a Strategic Business Partner appeared first on Ivalua.

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The Role of Procurement and Supply Chain in Manufacturing Companies

ProcurePort

• Manufacturing shop floors convert resource inputs into finished outputs. Finished products are packaged and distributed to wholesalers, hypermarkets, retailers, and consumers. • The procurement function in manufacturing ensures that the right products, services, and supplies are procured at the best price. • The procurement function manages the end-to-end process of procuring materials and resource […].

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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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Supply Chains Flare Up Again, Endangering Global Recovery

Supply Chain Brain

Global supply chains are knotting up from China to Denmark, sparking re-examinations of things as macro as globalization itself and micro as trucking efficiency around American ports.

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Intelligent IBP – a new role for supply chain planners

Supply Chain Trend

Preview – Most IBP cycles around the world are based on a 20-year-old process definition supported by 20-year-old planning concepts. This traditional IBP is not set up for a fast-changing world, where speed of decision making confers a competitive advantage. Intelligent automation will change this. In this series of blogs, I will discuss the transition of traditional IBP towards a more intelligent IBP.

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Smart Manufacturing: 5 Factors That Make Your Factory Smart!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Industry 4.0 – Smart Manufacturing of the Future! (Infographic). The manufacturing industry has been changing rapidly, aided by the newest software systems and machinery. Consumers continue to demand customized products, adding to the challenge of low-cost production. Manufacturers have been forced to look hard at their production methods, labor costs, and transportation expenses, among numerous other areas throughout t

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Supply Chain Weekly Wrap-Up 05/06/2022-05/12/2022

All Things Supply Chain

Drug producers supplying NHS face supply chain crisis The National Health Service (NHS) in the United Kingdom is facing a shortage of medicines which are relied on by hundreds of…

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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