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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Managing Change – Adopting TMS, Supply Chain Tech Projects

Supply Chain Collaborator

As recently as ten years ago, transportation leaders viewed cloud-based logistics automation technology with great skepticism; even outright ambivalence. Today, there is no longer any question about the viability and value of adopting TMS. Bringing users around to embracing emerging tech can be accomplished through well-conceived change management methods. .

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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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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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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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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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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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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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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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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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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 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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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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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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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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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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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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Ivalua Launches Search360, Bringing Advanced Cross-Catalog eProcurement Capabilities

ivalua

New capability optimizes the user eprocurement experience and strengthens supplier relationships. Ivalua, a leading provider of global Spend Management Cloud solutions, today announced the launch of next generation eprocurement capabilities at its Ivalua NOW event. Search360 allows users to search seamlessly across hosted and external catalogs, view results in real-time, compare items side-by-side and checkout for approval, all within Ivalua’s eprocurement solution.

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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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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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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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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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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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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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The Top 10 Warehouse Mistakes

The Network Effect

Inventory may not be all you’re stocking in your warehouse. If you’re not careful, your mistakes could be piling up. The post The Top 10 Warehouse Mistakes appeared first on The Network Effect.

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Procurement and the Need for Speed

ivalua

In my last two articles ( here and here ) I’ve been talking about the need for Procurement to think about how we can move beyond our historical transactional role and embrace approaches to help drive competitive advantage and real value for our organisations. With the start of the Formula 1 motor racing season recently, my thoughts turned to speed. I’m not a “petrolhead” (my wife has always been more interested in F1 than me), but the constant cycle of improvement and innovation in the sport is

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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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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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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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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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Shipping Industry Isn’t Ready for Looming Low-Sulphur Fuel Requirement

Supply Chain Brain

The “IMO Scramble” isn’t the name of a new breakfast dish at a fast-food restaurant. It describes the plight of ocean carriers, who find themselves woefully unprepared for a new mandate on switching to cleaner-burning fuel.

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Virgo in Supply Chain, Milk in Coffee

Solvoyo

I do not believe in horoscopes but people are telling me that my sign has everything to do with many of my quirks such as ordering, organizing and following routines. Putting things in order is my natural tendency. Organizing or clustering drawers, shelves, libraries or desktops, whether digital or not, is like a second nature to me. I am always the one putting caps on the pens, closing open lids or cupboards, and straightening the frames on the walls.

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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 operations

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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.