December, 2021

article thumbnail

Unleash The Power of the Business Spend Management (BSM)

ProcurePort

Business spend management (BSM) refers to a unified, coherent set of business processes, supported by software that encompasses invoice management, procurement, and expense management. Business spends management addresses all the ways employees spend money within an organization. Spend management also captures related processes such as product lifecycle management, inventory management, supplier information management, budgeting, analytics, […].

article thumbnail

The final Wrap-up of this year – the ATSC Awards 2021

All Things Supply Chain

Avid readers of our blog know what is happening here when the holidays are fast approaching and Santa is waiting for biggest supply chain gig of the year: Time for…

professionals

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Data as the Driver of Effective Procurement Transformation

ivalua

The post Data as the Driver of Effective Procurement Transformation appeared first on Ivalua.

Data 189
article thumbnail

Five Supply Chain Trends to Expect in 2022

Supply Chain Brain

Companies are focusing on surviving the pandemic and its effects before looking into cutting-edge technology.

article thumbnail

From Reactive to Resilient: Charting Your Supply Chain Maturity

Learn strategies to develop supply chain maturity and save on costs. In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation. Discover actionable first steps to boost your operations and reduce costs.

article thumbnail

What is Decentralized Finance?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Can Decentralized Finance Revolutionize the Financial Segment? Decentralized finance article and permission to publish here provided by Jean Nichols. Blockchain technology has not only raised the popularity of bitcoins to new heights. It has also contributed a lot to several other financial service sectors, one of which is decentralized finance.

article thumbnail

Why It is a Critical Time for Automotive Companies

The Network Effect

The post Why It is a Critical Time for Automotive Companies appeared first on The Network Effect.

More Trending

article thumbnail

AI and the productivity paradox – why it needs more than technology to transform the economy

All Things Supply Chain

AI and the productivity paradox – why it needs more than technology to transform the economy- All Things Supply Chain - Kai Keppner

article thumbnail

Asyad

ivalua

The post Asyad appeared first on Ivalua.

130
130
article thumbnail

Higher Costs, Less Waste: Six Ways Supply Chains Will Change in 2022

Supply Chain Brain

With supply chain volatility continuing into the new year, many companies are making changes to prepare for future disruptions.

article thumbnail

6 Things to Consider Before Starting a Business Partnership!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Things Startups Must Know Before Launching a Minimum Viable Product (MVP)! Business partnership article and permission to publish here provided by Claire Glassman. The idea of starting a business partnership can be very exciting. It allows you to utilize complementary talents and shared resources.

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

13 Sustainable Procurement Tactics that Drive Real Results

Jaggaer

The post 13 Sustainable Procurement Tactics that Drive Real Results appeared first on JAGGAER.

article thumbnail

Risk Management in the Procurement of Innovation

ProcurePort

In the procurement of innovation, at least one aspect of the whole process carries some uncertainty. This is the origin of risk in any procurement process. The challenge for managers is to identify the risk for all parties involved and quantify it. They must then move on and assess the necessary mitigating actions to be […]. The post Risk Management in the Procurement of Innovation appeared first on ProcurePort Blog.

article thumbnail

Supply Chain Weekly Wrap-Up 10/12/2021-16/12/2021

All Things Supply Chain

Toyota face further production stoppages due to shortages Automaker Toyota Motor Corp.

article thumbnail

Rogers

ivalua

The post Rogers appeared first on Ivalua.

130
130
article thumbnail

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.

article thumbnail

How to Support Customers When Supply Chains Are Unpredictable

Supply Chain Brain

The holidays are placing even more stress on supply chains. Here are four ways you can help lower stress, minimize damage and deliver positive customer service.

article thumbnail

Top 3 Cryptocurrency Cloud Mining Sites!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Understanding the Bitcoin Mining Process! Cryptocurrency cloud mining sites article and permission to publish here provided by John Gaarg. Cryptocurrency mining (sp. minería de criptomonedas, fr. minage de cryptomonnaie) has gained tremendous popularity over the last few years. This trend is especially vivid with cryptocurrency cloud mining, where cryptocurrency cloud mining sites offer their services associated with leased h

Contract 103
article thumbnail

The World of Procurement Community on Discord

World of Procurement blog

The World of Procurement Community on Discord is Live I'm announcing the World of Procurement Discord community server. Join the Community. I'm super excited about this community server. Discord has been a place that I've really enjoyed using throughout 2021. I’ve had issues with LinkedIn. It is sometimes problematic with the way in which it drives traffic to content.

article thumbnail

5 Steps to a Successful Digital Procurement Strategy

ProcurePort

Digital disruption impacts companies of all sizes and across different industries, creating new channels for partner and customer interactions. That, in turn, subverts industry dynamics and core, business models. In a report by McKinsey and Deloitte, companies see their future viability and relevance under fire. According to Deloitte, in the next generation of digital procurement, […].

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

Best of 2021: Procurement Rising Podcast – Greg Tennyson, VSP Global

CPO Rising

Over the next few weeks on CPO Rising, we are going to re-publish episodes from our “Procurement Rising” podcast series. In this podcast series, I interview Chief Procurement Officers and Best-in-Class procurement leaders as well as technology and business experts working in procurement and supply management. Our goal is to find people who are passionate about procurement and […].

article thumbnail

Ivalua Bolsters Its ESG Commitment By Joining The United Nations Global Compact

ivalua

Massy, France, 16 December – Ivalua, a leading provider of global Spend Management Cloud solutions, has joined the United Nations (UN) Global Compact, the world’s largest voluntary corporate sustainability initiative. The way consumers, businesses and public institutions spend significantly impacts the sustainability and social agenda of supply chains globally.

article thumbnail

Four Reasons to Embrace Cloud Technology for Real-Time Supply Chain Collaboration

Supply Chain Brain

The advent of business networks on cloud platforms enables real-time visibility into supply chain conditions, allowing organizations to respond nimbly and add millions to their top and bottom lines.

article thumbnail

4 Must-Haves in Your Product Packaging Checklist!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Product Packaging Mistakes That Could Cost You Customers! Product packaging checklist article and permission to publish here provided by Claire Glassman. When shopping for new products, it’s always the packaging that will first catch the eyes of the buyer. For consumers who are yet to try what’s inside, the packaging is often what influences their decision whether to buy it or not.

Buyers 97
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

Premium Leather Goods E-Tailer

Solvoyo

Digital Transformation for Shopify Vendor Bonaventura started their digital transformation of end-to-end Pre-Season Planning with Solvoyo. Bonaventura sells its premium products on 5 different sales channels, including Shopify, Amazon and Rakuten. The post Premium Leather Goods E-Tailer appeared first on Solvoyo.

article thumbnail

Purchase Requisition System – All-in-One Purchasing Platform

ProcurePort

Are you tired of working across multiple channels – Excel and Word spreadsheets – to get purchase requisition right? Well, what if we told you that there is an all-in-one purchase requisition system to put all your troubles at bay? Yes, for years enterprises have had to rely on manual legacy modes of gathering all […]. The post Purchase Requisition System – All-in-One Purchasing Platform appeared first on ProcurePort Blog.

article thumbnail

Transaction Cost Economics of the Source-to-Pay Process

The Good Spending

The view on procurement from the perspective of traditional economic theories Nowadays, procurement increasingly speaks up about its critical role in the firm's very existence. Despite this being true for many companies, we're mainly trying to create awareness instead of claiming our well-deserved place in the company ranks. In fact, the importance of procurement was confirmed many decades ago upon the formulation of some classical economic theories.

article thumbnail

Ivalua’s Procurement & Supply Chain Must Read List – December 2021 Edition

ivalua

The post Ivalua’s Procurement & Supply Chain Must Read List – December 2021 Edition appeared first on Ivalua.

article thumbnail

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

article thumbnail

Procurement in 2022: The Year Ahead Is Run by AI

Supply Chain Brain

The coming year will see a rising tide of technologies designed to mitigate the challenges of 2021.

article thumbnail

Our 2021 Top 10 List! (Part 2)

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Our 2021 Top 10 List! As we come to the end of our 5th year here at Supply Chain Game Changer it’s time to reflect on the tremendous events of the year. The effects of the Coronavirus pandemic have continued to stretch far and wide, unabated, touching many aspects of all of our lives.

article thumbnail

Best of 2021: Procurement Rising Podcast – Ian Maher, Global Atlantic Financial Group

CPO Rising

Over the next few weeks on CPO Rising, we are going to re-publish episodes from our “Procurement Rising” podcast series. In this podcast series, I interview Chief Procurement Officers and Best-in-Class procurement leaders as well as technology and business experts working in procurement and supply management. Our goal is to find people who are passionate about procurement and […].

article thumbnail

Supply Chain Analytics: What It Is & Why It Matters

ProcurePort

Over 59% of enterprises report using supply chain analytics in their daily operations. With data being the new oil, smart Chief Procurement Officers make full use of it to make strategic decisions. In fact, nearly half of respondents (49%) in Deloitte’s The Analytics Advantage report admit that their major use for analytics is to make […]. The post Supply Chain Analytics: What It Is & Why It Matters appeared first on ProcurePort Blog.

article thumbnail

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.