New vehicle concept helps congested cities
All Things Supply Chain
MAY 19, 2020
Smaller than a car, bigger than a cargo bike and several of them at once – the new vehicle concept Ducktrain has the potential to change urban delivery and industrial…
May, 2020
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Your 5-Step Procurement Spend Analysis Template
ProcurePort
MAY 27, 2020
Conducting a spend analysis of your company spend is a crucial step in reducing cost in your organization. Determining how much total money spent in the last year, identifying vendors and managing their relationships, and listing out the various categories of products and services purchased are daunting tasks to any procurement team. Attempting to categorize […].
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Uncertain Times Call for Strong Leaders: A Q&A with Dawn Tiura
ivalua
MAY 21, 2020
This article was originally posted on the SIG blog. If you’re interested in reading more on leadership in sourcing, the future of work or just want to learn more about SIG, feel free to subscribe at sig.org/subscribe. Business today isn’t business as usual, as the COVID-19 pandemic impacts organizations and supply chains across the globe. And in uncertain times such as these, leaders in every industry and business function must step up.
How COVID-19 Is Impacting Blockchain and Cryptocurrency
Supply Chain Brain
MAY 21, 2020
Out of the coronavirus pandemic will emerge a new digital society status quo — one that will accelerate major technological advances that are already underway.
Load Optimization: A Sustainable Way To Reduce Transportation Costs
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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.
Post-Pandemic Impermanence and 6 Actions to Take Now!
Supply Chain Game Changer
MAY 27, 2020
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! Post-pandemic article and permission to publish here provided by Joe Carson, CEO of Spend Strategies, LLC. Several months into the COVID-19 pandemic the talk of a settled “new normal” gives us hope for stability and a return to what was before.
Nucleus Digital Supply Chain Hub Advances Contactless Supply Chain Efforts
Supply Chain Collaborator
MAY 6, 2020
An “earthquake in supply and demand” is how the Wall Street Journal’s Logistics Report characterizes the effects of COVID-19 on supply chain management. In an article published today, WSJ lays out the compelling case for accelerated investment into supply chain automation and digitization. Here’s a synopsis of their reporting and how digital-ready solutions like Transportation Management Systems (TMS), Yard Management Systems (YMS), Fleet Management solutions and others fit into this critical
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
More Trending
Procurement Process Automation in Business is Projected to Be On the Rise
ProcurePort
MAY 11, 2020
Procurement is essential as long as there is a need to source for goods and services. Over the years, procurement has undergone a series of changes that have further improved the participation between both suppliers and businesses. In present times, procurement activities have evolved to be better managed and well regulated. With more companies looking […].
No matter how many times you have sourced a category, a team, suppliers and environment always make it a unique experience. I love creating value for the bottom line and exceeding expectation of business owners.
ivalua
MAY 15, 2020
The post No matter how many times you have sourced a category, a team, suppliers and environment always make it a unique experience. I love creating value for the bottom line and exceeding expectation of business owners. appeared first on Ivalua.
Can a ?Monorail? for Containers Solve Port Congestion?
Supply Chain Brain
MAY 18, 2020
At a time when ports are suffering from severe congestion and scarcity of land, one designer of cargo-handling equipment is proposing a radical new way of moving ocean containers between ship and shore.
The Future of the Digital Supply Chain! (Podcast)
Supply Chain Game Changer
MAY 19, 2020
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Preparing Business for the Digital Supply Chain! Oracle Interviews Mike Mortson! The Digital Supply Chain is the future! Enabled by a vast array of enabling digital technologies, such as Blockchain, Artificial Intelligence, Autonomous vehicles, Augmented Reality, Robotics, Control Towers, 3D Printing, and many more, Supply Chain will become more electronically connected than ever before.
Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations
Advertiser: GEP
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.
The Consumer-Direct Strategy: Why You Need to Strengthen Your Direct-to-Consumer Channels
The Network Effect
MAY 22, 2020
The post The Consumer-Direct Strategy: Why You Need to Strengthen Your Direct-to-Consumer Channels appeared first on The Network Effect.
How to Optimize Supply Chain Monitoring
All Things Supply Chain
MAY 4, 2020
The extent to which the supply chain succeeds or fails impacts all other aspects of a business.
ProcurePort Announces the Release of SpendPilot ™, Further Expanding Spend Data Analysis
ProcurePort
MAY 20, 2020
ProcurePort announces the launch of SpendPilot ™, a fully automated Spend Analysis Software that allows large organizations to cleanse, categorize and run analytics on their organizational spend. Accurate and comprehensive spend data is crucial in improving spend management. As procurement shifts to a new digital age, teams need to ensure their processes are transitioning smoothly […].
Ivalua NOW Part 2 – Re-Imagining Offices and Transforming Procurement
ivalua
MAY 15, 2020
At last week’s Ivalua NOW virtual event, Jon Stevens, President of JLL Digital, delivered the first keynote. JLL is a long-established global real estate services provider and manager, with revenues approaching $20 billion. Stevens runs the side of the business that is working on new digitally-driven initiatives, and he had two main themes. He talked about the JLL Marketplace, which the firm offers to its clients and firms occupying the buildings it manages.
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
Paving the Way for U.S. Supply-Chain Independence
Supply Chain Brain
MAY 25, 2020
The challenge of the COVID-19 pandemic lies in the unprecedented scope of its impact, both in terms of human lives and what it reveals about the United States’ dependence on foreign goods.
The Hard Economics of Justifying a Digital Supply Chain Transformation!
Supply Chain Game Changer
MAY 13, 2020
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Digital Supply Chain transformation article and permission to publish here provided by Bryce Boothby. There have been countless times throughout my career where I was either a recommender or approver of significant IT projects.
Top 5 Signs Your Supply Chain is Dysfunctional
The Network Effect
MAY 14, 2020
The post Top 5 Signs Your Supply Chain is Dysfunctional appeared first on The Network Effect.
Supply Chain Weekly Wrap-Up: 05/15/20 – 05/21/20
All Things Supply Chain
MAY 22, 2020
European ports hit hard by Coronavirus lockdowns Trade gateways across the world have been hit by the coronavirus pandemic, but European ports have been the hardest hit.
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.
Your e-Auction Process as an Essential Step in Procurement
ProcurePort
MAY 15, 2020
Originally, buyers and sellers had to meet in person for an auction sale to take place. Today, technological advancements have changed the procurement process via e-auction, or electronic auction. Just like the standard auction process, e-auction also involves buyers competing to buy goods or services from a seller. The only difference here is that it […].
How 2011 Prepared Us for Today
ivalua
MAY 7, 2020
The Japanese Earthquake of 2011 and resulting tsunami are not exactly top of mind these days. But the connections between that event and the current Covid-19 crisis are more prominent than most realize. . On Friday March 11, 2011, at about 2:45PM local time, the most powerful earthquake ever recorded in Japan struck. The epicenter was more than 40 miles off the Japanese mainland.
COVID-19 Has Rewritten Best Practices for Supply Chain
Supply Chain Brain
MAY 18, 2020
Nearly every industry is reviewing strategies, operations and processes with a new perspective, and many businesses are realizing they need end-to-end inventory visibility.
Procurement: With Great Power Comes Great Responsibility!
Supply Chain Game Changer
MAY 26, 2020
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Hey Procurement! It’s Time to SELL! There is a great line in one of the Spider-man movies, “With great power comes great responsibility!” Procurement organizations can have the power to spend and control as much as 75-80% of a company’s revenue. Now that is power!
The Evolution of Control Towers to Command Centers
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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.
Coronavirus Supply Chain Response: Near-Term Actions to Take Today
Jaggaer
MAY 28, 2020
COVID-19 has brought the global economy to its knees. In April, the IMF declared it the “ worst economic downturn since the great depression ,” and even in areas that are starting to open back up, projections remain bleak. In the United States, White House advisors recently announced that unemployment rates could remain in double digits into November, painting a dark picture for the American economy.
The Amazing Supply Chain of Medical Supplies during the coronavirus pandemic
All Things Supply Chain
MAY 11, 2020
The coronavirus pandemic has caused widespread disruption to supply chains since the end of January.
What is Procure to Pay? Your Procurement Guide
ProcurePort
MAY 14, 2020
As a company engages in business, it is essential to make buying decisions – one of the basic functions of procurement. Procurement has various subdivisions that are important to ensure a complete process, one of which is the procure to pay process. In order to effectively perform through this process, it’s important to understand the […].
How to ride the Source to Pay Wave? 4 Lessons you can learn from Forrester
ivalua
MAY 6, 2020
Alex Saric, CMO, Ivalua. Last year Forrester published 2 major Wave reports, which together span the full Source-to-Pay process. The first, authored by Duncan Jones and published on December 10, is The Forrester Wave : eProcurement Platforms, Q4 2019 , which covers purchasing and invoicing (similar scope to Gartner’s P2P Suites Magic Quadrant ). The second, authored by Andrew Bartels and published on December 18, is The Forrester Wave : Source-To-Contract Suites, Q4 2019.
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
FTC’s ‘Made in USA’ Claims Penalty Paves Way for Additional Enforcement
Supply Chain Brain
MAY 20, 2020
Here's what we can learn from the Federal Trade Commission's recent $1 million fine against Williams-Sonoma — and practical advice for companies interested in making “Made in USA” and other U.S. origin claims in their advertising and labeling.
Cash Management Tips to Survive the Pandemic!
Supply Chain Game Changer
MAY 5, 2020
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Cash Is King! Creating a Culture Focused on Money Management. Cash is King! If you didn’t realize that before the pandemic, in either your personal lives or at your company, more people certainly understand this adage now. Cash is King ! Without cash you cannot run your household and you cannot keep your business open.
Preserving Cash and Maintaining Liquidity in the ?New Normal?
Jaggaer
MAY 26, 2020
As a 25-year veteran in procurement and a value consultant here at JAGGAER, Bruce Logan is well versed in strategies for reducing spend and maintaining liquidity. That’s why he recently hosted a webinar called Money in Hand: How to Adapt Promptly and Conserve Your Cash. We want to share some of the questions that he received during the webinar to give you practical knowledge for managing cash during this ongoing crisis.
Automation Hero May 2020: Ulf Larsson from Copiax
EazyStock
MAY 22, 2020
Ulf Larsson, Purchasing Manager at Copiax , has a lot of experience streamlining purchasing processes. By introducing automation into the mix, he has been able to free up time to develop other parts of the business. That’s why he’s EazyStock’s Automation Hero for May! . Name: Ulf Larsson. Title: Purchasing Manager. Company: Copiax. Congratulations on winning the award, Ulf!
The Ultimate Guide to Transportation and Load Building Optimization
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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.
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