April, 2020

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The end of globalization? – How global supply chains (must) change after the Covid-19 pandemic

All Things Supply Chain

The ongoing corona crisis is causing a worldwide breakdown in public and social life.

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Procurement & Supply Chain Experts lined up for Ivalua NOW Virtual 2020 on May 5th!

ivalua

Do you remember the days when we used to attend these things called “conferences”? In a big room, with hundreds of other people, none of them wearing masks. Crazy, wasn’t it! . Like every industry Procurement & Supply Chain software vendors are having to find new approaches in the pandemic world, and firms are coming up with ways of holding events virtually, some of which work better than others.

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When Will Blockchain Be Ready for the Supply Chain?

Supply Chain Brain

At a time when supply chains are fracturing as a result of the global coronavirus pandemic, is blockchain the solution?

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Supplier Performance Can Directly Relate to Company Success

ProcurePort

No matter what business your company engages in, maintaining suitable suppliers is key to success. If you have suppliers performing poorly, your business is likely to yield poor results and vice versa. How Supplier Performance Affects Company Success There are three main ways in which the performance of suppliers affects company success. These include: 1. […].

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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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A TMS Tale of Two Food Shippers – Which Describes Your Evolutionary State?

Supply Chain Collaborator

The Summer 2020 issue of Food Shippers of America Magazine has dropped. Editors here at the Digital Supply Chain Collaborator blog noted a striking contrast when reviewing this issue. Specifically, the issue published two articles addressing the use and utilization of TMS platforms by food shipping organizations. One article focused on explaining the basic, historical benefits of implementing TMS for the first time.

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A Don’t Touch Supply Chain Strategy Must Now Dominate The Future!

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! The overarching strategy for limiting exposure to, and spreading of, the Coronavirus is that of Social Distancing. We are all instructed to keep 6 feet apart from anyone, wear masks, and avoid any social gatherings and don’t touch.

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Ivalua NOW Virtual Event to Showcase the Role of Procurement In Meeting Today’s Business Challenges

ivalua

Premier event for procurement & supply chain practitioners will showcase latest technological innovations and extensive line-up of industry leaders. Redwood City, CA. April 15, 2020 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that its marquee annual event, Ivalua NOW 2020 , will transition from a physical event in Washington D.C. to a virtual event, taking place on May 5 and 6, 2020.

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Now, a Different Kind of Epidemic: Force Majeure Claims

Supply Chain Brain

The coronavirus pandemic has brought chaos to supplier-buyer relations the world round, resulting in widescale invoking of the contract-breaking clause known as force majeure.

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3 Contract Management Security Risks to Prioritize

ProcurePort

We all know that the procurement business can be tough, and one of the toughest parts of it is recognizing the biggest security risks in contract management. Vendor contracts are a top priority for anyone in procurement. The trick is to avoid contract management security risks while providing the necessary level of transparency. Here’s what […].

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5 Steps to Protect Logistics Operations from COVID-19 Disruption

Supply Chain Collaborator

Though it is an added stressor at this precarious moment, the time will never be more appropriate to take action toward improving enterprise logistics processes. Here are five ways shippers can protect logistics operations during the pandemic and promote improvement that lasts well into the recovery and beyond. Identify Potential Risks. The current crisis highlights the sobering reality – that disruptions can and will occur with regularity.

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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 Hitchhiker’s Guide to Digital Procurement!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. Don’t Panic! Navigating the complexity of the global supply chain as a procurement professional can sometimes feel like taking a walk through the Amazon without a compass, or entering into outer space without an oxygen tank.

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Squirrelling Away – How panic buying is affecting the supply chain

All Things Supply Chain

As a result of the coronavirus outbreak, people have become like squirrels.

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Understanding Contractual Rights and Obligations During a Crisis

ivalua

In a previous blog we discussed the mounting humanitarian crisis that the Coronavirus, also known as COVID-19, had sparked globally and discussed considerations and steps organizations should take to mitigate the impact from disrupted supply chains. How things have changed in the six weeks since we first discussed this issue with COVID-19 impacting the global community in ways many of us have not seen or imagined personally and professionally.

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How Digital Solutions Are Creating More Resilient Supply Chains

Supply Chain Brain

The solutions that have worked in the past — increasing inventory, adding capacity at different locations and diversifying suppliers — are just scratching the surface when it comes to having a truly resilient supply chain.

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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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Identifying and Mitigating Supply Chain Risk in the Age of COVID-19

Jaggaer

The raging COVID-19 epidemic has presented the world with a “once in a century” moment of reckoning. With an ever more connected global economy, and almost instantaneous n ews transmission, the impact of global health has multiplied since the last global (SARS) epidemic in 2003. Just as the human body needs its vital organs function ing well to stay alive and fight a deadly disease, s upply c hain is a critical vital organ keeping the global economic engine running.

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Automation Hero April 2020: Shamil Patel from Allparts

EazyStock

Shamil Patel , Director at Allparts , has driven the change from using “paper and pen” to now using an automated tool for inventory optimization. This has resulted in more satisfied customers and healthier stock. That’s why he’s EazyStocks’s Automation Hero for April ! . Name: Shamil Patel. Title: Director. Company: Allparts. Congratulations on winning the award, Shamil!

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Supply Chain Visibility Has Never Been More Important!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Toilet Paper Supply Chain! In the midst of the Coronavirus pandemic the need for complete, end to end Supply Chain visibility has never been more important! The necessity for visibility started with store shelves being emptied of toilet paper , food, and various household items.

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3 Supply Chain Risk Management Lessons to Use During Coronavirus Crisis

All Things Supply Chain

Supply chains around the world are struggling as they face major shifts to production, the movement of goods, modes of transport, and the people who keep everything running.

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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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Supplier Motivation, A Key Component of Supplier Management

ivalua

As we have already seen in a former blog , enterprises often fail at maximizing the value of collaborating with smaller companies. Convinced that their sizes and brands will attract suppliers anyway, they entrench themselves behind the gates of rigid procurement processes. They miss the huge opportunity of co-innovating with these businesses, especially startups, by failing to take a differentiated approach.

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How to Manage Your Procurement Department Remotely

Supply Chain Brain

Now's a good opportunity to discover new workflows and optimize processes.

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What on Earth is “Autonomous Procurement,” Anyway?

Jaggaer

With hot new buzzwords coming and going year after year, it’s hard to blame any procurement professionals who are becoming disillusioned. One of the latest, “autonomous procurement,” has been the focus of writings by industry experts both enthusiastic and less optimistic. But many purchasing team members, including leadership, still lack clarity on what exactly the term means.

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SpendHQ Named a Provider to Know for Seventh Consecutive Year

SpendHQ

The post SpendHQ Named a Provider to Know for Seventh Consecutive Year appeared first on SpendHQ.

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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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Is Single Sourcing, or Sole Sourcing, Dead?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! The Coronavirus Pandemic has quickly and severely disrupted Supply Chains of every kind around the world. Lockdowns have resulted in the temporary closure of Manufacturing and Distribution facilities and discontinuation of Logistics and transportation modes.

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Covid-19: How to manage an automotive supply chain during a crisis?

All Things Supply Chain

In recent weeks, the companies in automotive logistics I work with have experienced drastic changes in their daily work.

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Intalere Selects Consus & Ivalua to Drive Source to Contract Best Practices

ivalua

Healthcare supply chain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. New York, NY March 30, 2020 – Consus , a leading procurement services provider, today announced that Intalere , a healthcare supply chain GPO based in St. Louis, Mo., has gone live with Ivalua’s Source to Contract solution.

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AI Can Help Make Supply Chains Sustainable

Supply Chain Brain

By thoughtfully implementing AI, companies can pursue sustainability in ways that would be nearly impossible without it.

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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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COVID-19 Procurement Response: Your Questions Answered

Jaggaer

JAGGAER’s Amenallah Reghimi and Mic h ael Roesch recently partnered with Philip Ideson , founder and managing directo r at Art of Procurement , to bring procurement professionals a presentation on response tactics for the current global crisis. Our speakers received far more questions than they were able to answer at the time, so we’ve compiled some of the best and asked our presenters to provide a little bit of extra insight. 1.

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Product News Update: April 2020

EazyStock

Our developers are working hard every day to make sure EazyStock is living up to your high expectations for advanced inventory optimization. Here are some recently added features that make us extra proud. Components Forecasting via Bill of Materials (BOM). What’s new? Bill of Materials, or BOM, is the components required to manufacture or assemble a product.

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Ensuring Delivery Safety During the Coronavirus Pandemic!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! Delivery safety article and permission to publish here provided by Raanan Cohen at bringg.com. As the general public transitions away from crowded public spaces, delivery has gone from being a convenience to a necessity.

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Emission-free shipping: Ways of sustainable transport on the seas

All Things Supply Chain

Around 90 % of the world’s goods are currently transported by ships causing nearly 3 % of total global carbon dioxide (CO2) 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