February, 2019

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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.

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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.

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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.

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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.

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

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.

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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.

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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.

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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.

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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.

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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.

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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.

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

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.

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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.

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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.

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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.

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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.

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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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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.

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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.

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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.

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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.

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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.

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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.

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What Impact Will Automation Have on Warehouse Workers?

Supply Chain Brain

The modern-day warehouse is serving as a laboratory for the introduction of innovative supply-chain technologies. But the implications for human workers remain uncertain.

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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.

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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.

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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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Impact of Brexit on Warehousing

The Network Effect

We’re all sick of hearing about it, but for business leaders and supply chain managers, Brexit is posing tough questions. The post Impact of Brexit on Warehousing appeared first on The Network Effect.

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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.

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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.

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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?

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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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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.

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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.

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How a Leading Retailer is Using a Control Tower to Manage their Supply Chain

The Network Effect

How one of the largest retailers in Africa is using innovative technology to improve customer service while lowering supply chain. The post How a Leading Retailer is Using a Control Tower to Manage their Supply Chain appeared first on The Network Effect.

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Read how BCLC enabled better decision making and deeper engagement with suppliers

ivalua

The post Read how BCLC enabled better decision making and deeper engagement with suppliers appeared first on Ivalua.

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The Ultimate Guide to Transportation and Load Building Optimization

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.