February, 2019

article thumbnail

Cognitive Data Capture – Setting a New Baseline to Digitize Invoices

ivalua

Christopher Bourez, Artificial Intelligence Architect , Ivalua. Many providers in the market talk about leveraging machine learning to capture and digitize information such as that from an invoice. The truth is that the improvement in accuracy that machine learning can offer really varies widely – they are not all made equal. For example, some may call a rule-based engine machine learning.

Data 113
article thumbnail

Supply Chain Essentials Every CEO Should Know

Supply Chain Brain

Chief executive officers typically take a back seat when it comes to supply-chain management, but by forging a greater synergy with supply-chain managers, they can take their organizations on a journey toward prolonged success.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How GST (Goods and Services Tax) Has Affected Logistics in India!

Supply Chain Game Changer

Subscribe Here! Email Address. To Centralize or to Decentralize? That is the Organization Design Question! Article, and permission to publish here, provided by Sunita Singh at [link]. Right after demonetization, another big thing that came to India was the implementation of GST (Goods and Services Tax). The sudden rise of the goods and service tax, despite getting a negative impression from some, actually reformed the Indian economy in a much better way.

article thumbnail

How to become an Agile Organization through Digital Transformation?

Solvoyo

The post How to become an Agile Organization through Digital Transformation? appeared first on Solvoyo.

article thumbnail

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.

article thumbnail

Unrealistic Total Cost of TMS Ownership Perceptions Often Impact ROI

Supply Chain Collaborator

Everyone loves a bargain. When it comes to cloud TMS software, there’s no shortage of attractively priced solutions offerings from providers large and small, young and old. However, just because a provider offers attractively low subscription fees, it doesn’t mean a shipper is getting the best deal. Sadly, many shippers aren’t aware of all the potential costs associated with TMS ownership.

Price 60
article thumbnail

7 Deadly Sins of Sourcing

Ms. Category Management

The 7 Deadly Sins of Strategic Sourcing - blog by Ms Category Management.

More Trending

article thumbnail

The Arrival of the ‘Self-Driving’ Supply Chain

Supply Chain Brain

The age of self-driving cars and trucks is nearly upon us. What about self-driving supply chains?

article thumbnail

Supply Chain as a Service (SCaaS)!

Supply Chain Game Changer

Subscribe Here! Email Address. The 3 Pillars of Digital Procurement! I began my career working in a manufacturing plant within an international company that was completely vertically integrated. From component manufacturing through to subassembly manufacturing and end product assembly they did it all. Within 10 years the company experienced a number of site closures and declared that manufacturing was no longer a core competency.

article thumbnail

Source to Pay… The Real Value for Purchasing

Jaggaer

Procure-to-Pay (P2P) and Source-to-Pay (S2P) are two terms often used within the software industry to describe digital solutions that create efficiencies within procurement. And while both systems include many of the same features, they are distinctly different in terms of the functionality, control and the value they deliver. In the simplest of terms, P2P solutions deliver improved processes as it relates to purchasing.

article thumbnail

How Well Does Your TMS Support Cross-Docking Automation?

Supply Chain Collaborator

Cross-docking is not a new practice for shippers, but it is one that is increasingly being relied upon in the age of just-in-time supply chain management. Here are some of the factors driving increased use of cross docking as a logistics practice and the ways today’s TMS platforms are making the process easier and more efficient in driving performance and cost savings.

article thumbnail

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.

article thumbnail

Sole Source Suppliers – How I saved $1 Million

Ms. Category Management

How I Saved a $1M dollars with a Sole Source Supplier by Ms Category Management.

article thumbnail

Forrester Study “Enabling Smarter Procurement How Modern Software Can Help Address Chief Procurement Officers’ New Priorities”

ivalua

The post Forrester Study “Enabling Smarter Procurement How Modern Software Can Help Address Chief Procurement Officers’ New Priorities” appeared first on Ivalua.

article thumbnail

Blockchain and Supply Chains: Unleashing the Potential

Supply Chain Brain

Dealing with data can often come with expensive reconciliation or negative impact on customer fulfillment. Blockchain technology can help.

article thumbnail

When the Elephant in the Room is Your Supplier!

Supply Chain Game Changer

Subscribe Here! Email Address. Procurement (and Purchasing) Job Interview Questions & Answers. Unless your company is amongst the very largest companies in the world then chances are your Procurement team will, at some point, be dealing with Suppliers that are larger than your company. In a function such as Procurement where negotiating is a central part of the role, leverage is a critical element in those negotiations.

article thumbnail

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.

article thumbnail

The Future of Air Freight Shipping

The Network Effect

The future is looking bright for air freight. There was a positive outlook for profitability in 2018, which was supported. The post The Future of Air Freight Shipping appeared first on The Network Effect.

article thumbnail

Supply Chain Management Trends 2019

EazyStock

What are the primary supply chain management trends for 2019? Buzzwords like digitization and globalization are still transforming the world, and concepts like AI , IoT and eCommerce are as relevant as ever – but you already knew that. In this post we will present recent trends you may not have heard of – yet – but ought to keep an eye on as they develop.

article thumbnail

tealbook Global Launch – Lessons Learned

Ms. Category Management

The first ever tealbook Global Launch and Lessons Learned.

article thumbnail

PROCUREMENT KEY ISSUES 2019: Leveraging Digital Tools to Expand Procurement’s Capabilities

ivalua

The post PROCUREMENT KEY ISSUES 2019: Leveraging Digital Tools to Expand Procurement’s Capabilities appeared first on Ivalua.

article thumbnail

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?

article thumbnail

The Future of AI and Supply Chain Management

Supply Chain Brain

In a world of big data and bigger customer expectations, the future of supply chain management rests in the predictive and prescriptive power of artificial intelligence.

article thumbnail

What’s the Difference Between Fulfillment and Replenishment?

Supply Chain Game Changer

Subscribe Here! Email Address. From Click to Ship in 4 Minutes! … Principles for World Class E-Commerce Fulfillment! People who do not work in Supply Chain may hear the terms Fulfillment and Replenishment and consider that they mean the same thing. Interestingly many people who do work in Supply Chain consider the terms Fulfillment and Replenishment to be synonymous.

article thumbnail

Optimizing the Modern Enterprise with a Control Tower for CFOs

The Network Effect

How CFOs are Leveraging Intelligent Control Towers to Align Financial and Supply Chain Decision-Making Today’s modern organization comprises a complex. The post Optimizing the Modern Enterprise with a Control Tower for CFOs appeared first on The Network Effect.

article thumbnail

How Close Are Global Procurement Organizations to Digital Transformation?

Jaggaer

The digital transformation of business is already underway. Digitalization is no longer viewed as the aspiration of a select few, but as an inevitability for businesses in nearly every sector. Over the past several years, the hype surrounding digitalization has also extended to procurement. These days, digital transformation is a top priority for most CPOs, and it has become nearly impossible for procurement professionals to escape buzzwords such as AI, blockchain, cognitive procurement, RPA.

article thumbnail

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

article thumbnail

10 Things Technology Has Done to the Workplace that Drives Me Absolutely Bonkers!

Ms. Category Management

When technology is just. 10 issues by Ms Category Management.

article thumbnail

WEBINAR: Procurement Key Issues 2019 with The Hackett Group, 26th March 2019, New York 11:00am / London 4:00pm / Paris 5:00pm

ivalua

The post WEBINAR: Procurement Key Issues 2019 with The Hackett Group, 26th March 2019, New York 11:00am / London 4:00pm / Paris 5:00pm appeared first on Ivalua.

article thumbnail

Putting Your Data to Work

Supply Chain Brain

If your CEO or CIO were to ask you how you are helping your organization use data to your advantage, what would you say?

Data 95
article thumbnail

Top 10 Global Supply Chain Risks

Supply Chain Game Changer

Subscribe Here! Email Address. Inventory Turnover Breakthrough … Go Back To The Basics! Article originally published by, and permission to publish here provided by, Katherine Barrios at xeneta.com. Change is inevitable in modern supply chain management, and risk management is essential to success. Risks evolve and become more prevalent with time.

article thumbnail

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.

article thumbnail

Meeting the Omnichannel Challenge

The Network Effect

Consumers are buying products through many different channels the consumer goods supply chain has become more complex than ever before. The post Meeting the Omnichannel Challenge appeared first on The Network Effect.

article thumbnail

How to Become an Agile Organization Through Digital Transformation?

Solvoyo

Organizational Agility along with Digital Transformation, Machine Learning, Big Data and Blockchain technologies was one of main trending topics for 2018 and will continue to be in the hit list for 2019 as well. Each of the above topics deserves a blog on its own for sure. Let’s start with Organizational Agility and the role of Digital Transformation in making this happen.

article thumbnail

How Businesses Can Address Modern Slavery in Supply Chains

SupplyShift

In 2015, the UK became the first major world economic power to pass legislation targeting modern slavery. The UK Modern Slavery Act requires companies with revenues greater than £36 million to issue an annual “Slavery and Human Trafficking Statement” outlining the efforts being taken to rid its supply chain of human rights violations. Similar bills have since passed or are being considered by seven other G20 nations.

article thumbnail

Veolia Strategic Sourcing Complexity Simplified and Transformed with a User-Friendly Platform

ivalua

The post Veolia Strategic Sourcing Complexity Simplified and Transformed with a User-Friendly Platform appeared first on Ivalua.

article thumbnail

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