April, 2019

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AI and All That – Ivalua Now Looks to the Future

ivalua

The afternoon of the first day at the Ivalua Now event in Paris had a strong AI (artificial intelligence) flavour. (Now there’s an interesting question – if AI had a flavour, what exactly would it be? Fresh mint, maybe? Or aluminium, perhaps?) Anyway, there were also a couple of very good customer cases studies, but we’ll save those for a future discussion and focus on AI here.

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Three common weaknesses in supply chain

Supply Chain Trend

In a recent Forbes article , three common supply chain weaknesses are highlighted: Being reactive rather than pro-active. Lack of visibility. Lack of accountability. The behavioural weaknesses – lack of pro-activity and accountability should be no surprise to me or the readers of my blog. As t he S&OP mindset study I conducted with Supply Chain Movement in 2017/2018 show similar results.

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Why Supply Chain Technology Needs Blockchain

Supply Chain Brain

There is a tremendous mismatch in the selection of appropriate technologies to automate complex and decentralized operations.

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Why The Time Is Now for Sustainable Procurement

Jaggaer

Earth Day (April 22nd) is a celebration of commitment to creating a safer, healthier and cleaner world, making it a natural time to reflect on the power and value of sustainable procurement programs. Over the past several years, f ew topics have been as critical for global corporations as sustainability – investors, consumers, executive teams and other organizational stakeholders have realized that corporate responsibility doesn’t just build a better world, but also drives financial value.

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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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5 Ways Artificial Intelligence Is Transforming the Business Landscape

The Network Effect

Artificial intelligence (AI) is here, it’s powerful and it’s growing. While the transformation is taking longer than some predicted, the. The post 5 Ways Artificial Intelligence Is Transforming the Business Landscape appeared first on The Network Effect.

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5 Steps for Sustaining Healthy 3PL Relationships!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 4 Steps for Establishing Healthy 3PL Relationships! Article originally published by, and permission to publish here provided by, Scott Leydin at [link]. The key to sustaining healthy 3PL relationships is very much dependent on the person that is given the role to manage the relationship with the 3PL service provider.

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Different Pathways to Achieving Successful TMS Implementation

Supply Chain Collaborator

These days, there are so many TMS solution options it is almost easier to choose the wrong one than the right one. Here are three steps you can take to help determine how to engage the right solution for your organization and avoid wasting time and money deploying TMS tools that end up being a poor fit for your needs. Step One | Understand Your Size vs. the Size of the Solution Provider.

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Wearables in the Workplace: A Boon for Safety, or Intrusion on Privacy?

Supply Chain Brain

It’s been a rocky start for high-tech wearable devices for the consumer. But the supply chain offers a more fertile ground for growth.

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Hackett CPO Agenda: What’s Top of Mind in Procurement?

Jaggaer

“Do more with less.” Words that send a shiver down many a manager’s spine. But with budgets growing more slowly (1.3%, versus 2.7% in 2018) and expectations of cost and efficiency savings growing faster than ever, that is the reality faced by procurement professionals. The Hackett Group’s CPO Agenda is always eagerly awaited, and this year’s edition does not disappoint, offering clear advice based on a detailed survey (the Hackett Group’s Key Issues Study) of the procurement community.

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Enabling the Autonomous Supply Chain

The Network Effect

It’s difficult for us today to imagine the relentless backbreaking labor and the ever-present threat of disease and death that. The post Enabling the Autonomous Supply Chain appeared first on The Network Effect.

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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 Good Jobs of the Future Belong to Supply Chain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Imagining the Supply Chain of the Future! Article originally published by, and permission to publish here provided by, Sam White at [link]. A new Harvard Business Review article lays out some striking research out of MIT about the role of Supply Chain Management within the broader economy.

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IvaluaNow – the Morning After the (Louvre) Night Before

ivalua

We covered day one at Ivalua NOW Paris pretty thoroughly in two previous articles, so now a brief round-up of some day two highlights. The audience held up remarkably well after our after-hours tour of the Louvre the night before, with pretty much a full house again for Frank Lheureux, General Manager EMEA for the firm. He kicked off the morning with some inspiration, as he told us that “machines don’t have emotions, so they cannot replace humans.

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Networking – Love or Hate?

Ms. Category Management

Join Ms. Category Management in her 2019 blog to talk about Business Networking.

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Put an End to Data-Management Woes in Your Supply Chain With MDM

Supply Chain Brain

As supply-chain design and management struggles to live up to modern-day business imperatives, enterprise decision makers have turned their gaze toward the inefficiencies plaguing it.

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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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5 Tips To Maximize Your Conference Experience at ISM 2019

Jaggaer

We’re gearing up for the Institute for Supply Management’s (ISM) Annual Conference, ISM 2019, in Houston, Texas, at the George R. Brown Convention Center, one of the largest events in the procurement world with over 2,500 attendees. Whether or not your organization is attending ISM, it’s important to make the most out of any conference experience. Here are some tips for getting the most out of your time: 1.

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8 Signs Your Cloud B2B Network is Broken

The Network Effect

Why your “network” is not delivering the results you expect. The confusion in the market about the difference between multi-enterprise. The post 8 Signs Your Cloud B2B Network is Broken appeared first on The Network Effect.

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What is Product (or Master) Data Management?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 6 Trends to Make Supply Chain Managers the Heroes of Their Company! I had just inherited a new department into my organization, the Product Data Management (PDM) team. Shortly thereafter I started getting calls from the CEO. We were missing customer deliveries due to problems in getting the correct, and complete data, into the systems which enabled us to manage bills of material and manufacture products.

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4 Tips on How to do Procurement Scandinavian Style

ivalua

At 2018’s Sourcing Outlook we had the honor of having Bonava ’s CPO, Mia Lewis, host a roundtable on starting a completely new Procurement organization from scratch. During the active discussion many points were brought up that I believe can be helpful for any Procurement organization, old or new, that is looking for inspiration in 2019. Focus on soft skills.

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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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What is Sales & Operations Planning?

Supply Chain Minded

Sales & Operations Planning: All demand (sales) and supply (capacity, materials) of a product is balanced and planned to secure on-time delivery to our customers, while making optimal use of our full supply network. Why is S&OP important? Sales & Operations Planning is important as the plan agreed on is leading for the operational activities […].

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Six Tips for Optimizing Packaging in a Complex Retail Environment

Supply Chain Brain

Over the past decade, the retail industry has undergone a drastic makeover.

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Maverick Spend: It’s Not Just about the Money

Jaggaer

In a world where nearly any purchase is just a click away, keeping maverick spend in check has become one of the top challenges facing procurement. The vast majority of maverick or “rogue” spending happens for perfectly innocent reasons: convenience, laziness, ignorance, or people just being in a hurry. True, sometimes there is an element of dishonesty involved, such as small kickbacks in the form of gifts.

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Insight into the Unique World of Ultra Rare Diseases

Ms. Category Management

Ms Category Management explores ultra rare and rare disease marketing.

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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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What is Procurement’s Place in the Value Chain?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Could the CPO Be Replaced by the Chief Value Officer? Article originally published by, and permission to publish here provided by, Sam Jenks at [link]. Where does Procurement stand in your organization’s Value Chain? Hopefully, you’ll be able to formulate an answer to that question after reading this post.

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Deploy, Improve, Expand – Cutting Through the Complexity in 3 Steps

ivalua

Technology is often implemented as the answer to complex situations. It can centralize, standardize, and facilitate access to data, allowing us to derive insights that inform operational and strategic thinking. Unfortunately, all too often these implementations result in the replacement of one type of complexity with another. They just move challenges online or layer on automation without reducing complexity or providing additional insight.

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April 2019 Automation Hero: Julia Montgomery of EazyStock

EazyStock

EazyStock’s Iron Woman Julia helps small- and mid-sized businesses automate inventory processes . Julia Montgomery is one of EazyStock’s premier stock optimization experts and, in the role as Customer Success Manager, she has helped many companies around the world improve their processes and become more profitable through automation. Along with her work at EazyStock, Julia competes in long-distance triathlons at the elite level – maybe that’s where her contagious energy comes from.

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You Can’t Go Slow: Welcome to the World of ‘Blitzscaling’

Supply Chain Brain

Imagine yourself at the head of a company that’s on the brink of dizzying growth — a 50-fold increase in employees, and 300 times revenues — within the next three years. Would you be excited or scared?

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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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4 Steps to Trim Down Your Excess Inventory

Slimstock

Excess stock is bad for business. It takes up valuable warehouse space and costs you a lot of money while it becomes obsolete. And, 10% of the items in your warehouse will never be sold, according to Slimstock inventory analysts. These items are unlikely to bring in revenue, so why are you holding on to them? ELIMINATING EXCESS STOCK TAKES COURAGE! The problem is that removing these items from your operation is easier said than done.

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Virgo in Supply Chain, Milk in Coffee

Solvoyo

The post Virgo in Supply Chain, Milk in Coffee appeared first on Solvoyo.

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4 Steps for Establishing Healthy 3PL Relationships!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is a 3PL? The Ultimate Guide Including Definitions of 1PL, 2PL, and 4PL! Article originally published by, and permission to publish here provided by, Scott Leydin at [link]. The key to establishing healthy 3PL relationships starts with quality of the information that is provided at the time the request for a proposal (RFP) is submitted.

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Pacific Drilling Selects Consus & Ivalua to Drive Sourcing Best Practices Globally

ivalua

Offshore ultra-deep water drilling company to deploy eSourcing globally across its purchasing function. New York, NY April 2, 2019 – Consus Global , a leading Procurement services provider and Ivalua, the leading global Spend Management Cloud provider, today announced that Pacific Drilling , a deep water drilling company based in Houston, has selected Consus’ services in conjunction with Ivalua’s Sourcing platform to achieve cost savings and drive transparency across their sourcing opera

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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