Sat.May 21, 2022 - Fri.May 27, 2022

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Three examples of how sustainable companies are using green technology

All Things Supply Chain

With global efforts to raise awareness about climate change on the rise, more and more consumers are checking the eco credentials of the companies that they buy from.

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Effective Sourcing Processes within a Firm Can Improve Profits for the Firm

ProcurePort

• The sourcing function within any organization is part of the broader procurement efforts. The sourcing function ensures that the organization is getting its products from the most suitable suppliers. • If possible, the sourcing function should influence the supply market through engagement with suppliers for mutually beneficial relationships. • An effective sourcing strategy considers […].

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Trending Sources

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Ivalua Announces Carbon Footprint Innovation Cup Winners at Ivalua NOW 2022: How digitally enabled smart procurement can help organizations reduce scope 3 carbon emissions

ivalua

Redwood City, CA. May 23, 2022 – Ivalua, a leading provider of Spend Management Cloud solutions, announced the winners of its Carbon Footprint Innovation Cup at its marquee annual event, Ivalua NOW 2022 in Washington D.C. The joint Ivalua/Partner competition focused on developing innovative and ready-to-use capabilities through Ivalua’s powerful ‘no code’ configuration interface, enabling Ivalua’s customers to reduce their scope 3 carbon emissions. .

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AI in Supply Chain: Five Things to Prioritize

Supply Chain Brain

To cope with the seemingly never-ending supply chain crisis, business leaders are turning to artificial intelligence to make strategic business decisions. .

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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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Supply Chain Ask an Expert- With Matthew Wittemeier

All Things Supply Chain

Ocean freight is a key element of cross-border trade allowing huge volumes of goods to be transported across the world.

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Top 6 Challenges in Procurement and How to Overcome Those

ProcurePort

• Procurement was long regarded as an administrative function. But it’s slowly emerging to be a strategic and a critical component of any organization. Today, more than ever, procurement has immense potential to impact different areas of expenditure and affect the bottom line. • Business leaders and managers must remember that procurement can best deliver […].

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Eight Warehouse Implementations That Improve Importing and Exporting

Supply Chain Brain

Even in our brave new world of pandemic disruptions, the most important steps to improve import and export performance are the ones that focus on the fundamentals.

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Supply Chain Weekly Wrap-Up 05/20/2022-05/26/2022

All Things Supply Chain

France struggles with mustard shortage It is likely that French consumers will see a lack of mustard in shops in the coming months due to a shortage of mustard seeds.

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The Role of Procurement and Supply Chain in Manufacturing Companies

ProcurePort

• Manufacturing shop floors convert resource inputs into finished outputs. Finished products are packaged and distributed to wholesalers, hypermarkets, retailers, and consumers. • The procurement function in manufacturing ensures that the right products, services, and supplies are procured at the best price. • The procurement function manages the end-to-end process of procuring materials and resource […].

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Gaining Competitive Advantage via Holistic Supplier Management

ivalua

The post Gaining Competitive Advantage via Holistic Supplier Management appeared first on Ivalua.

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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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Physical, Financial Visibility: A Dual Approach to Supply Chain Resilience

Supply Chain Brain

Many observers in the global supply chain and logistics industries are eagerly awaiting a restabilization of supply and demand. But it’s time to bust the myth of a “return to normal.”.

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11 Benefits of Working in A Coworking Space!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Shared Working Spaces are Great for Business Growth! Are you tired of working in isolation? Is your office space too small or big and empty? It’s time to change your working environment and look for a coworking space near you. Coworking space is fast replacing the conventional offices where you have to fit in a cubicle to focus on your work.

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IvaluaNow: Enabling Procurement’s Role in Carbon Reduction

CPO Rising

Leading supply management suite provider, Ivalua, recently held its annual user conference Ivalua Now as an in-person (but also virtual) event in Washington, D.C. It was another stellar showing of this always well-organized and high-class affair. Ardent analysts participated virtually this year and hope to return in person in 2023. Ivalua’s Innovation Showcase The Day […].

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APAC Study: Mitigate Logistics and Supply Chain Disruptions

ivalua

The post APAC Study: Mitigate Logistics and Supply Chain Disruptions appeared first on Ivalua.

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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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How Automation Is Transforming Delivery and Logistics Behind the Scenes

Supply Chain Brain

The term “automation” often conjures images of warehouse bots and self-driving trucks. But the real magic of automation is much less flashy.

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Why Polkadot Could Be Great For Blockchain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Blockchain and Information Governance! (Infographic). Polkadot is a blockchain 3.0 platform that allows for the creation of interoperable blockchains, offering scalability and security. The idea behind Polkadot is that if you want to create a new application or run an existing one, you could build it on top of one of these interoperable blockchains and have access to all their benefits without having to start from scratch.

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Procurement in 5-Minutes: How do we attract the new wave of procurement professionals?

Sourcing Solved

We live and work in a busy world in which there is little time to read, watch or listen beyond the headlines. Hello, my name is Iain Campbell-McKenna, and this is “Procurement in 5-minutes.” That’s right, in 5-minutes I promise to tackle some of the biggest challenges and deepest questions our profession and industry face on a day-to-day basis. In today’s 5-minutes I welcome Vice President / CPO Procurement at Inmarsat, Tim Snow to answer the question: “How do we attract the new wave of p

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Turn Accounts Payable into a Strategic Business Partner

ivalua

The post Turn Accounts Payable into a Strategic Business Partner 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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Biggest U.S. Ports Rank as World’s Least Efficient for Containers

Supply Chain Brain

The supply chain crisis that has clogged the U.S. logistics network has made the country’s two largest ports of Los Angeles and Long Beach the least efficient trade hubs for handling containers worldwide, a new report showed.

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Amazon and Bitcoin – What’s Next?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Competing against Amazon? You Need A Blue Ocean Strategy! We have seen many people taking a new leap in crypto circles in the past few years, particularly in Bitcoin. Thanks to the meteoric rise of the coin, many people experimented a lot with the coin. Several teenagers and college students have invested in this domain and won big in Bitcoin.

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Agile vs Lean Supply Chain: What’s the Difference?

Procurify

Written by: Delaney Rombough. Did you know that only 22 percent of companies have a proactive supply chain network? Technology, market and economic conditions, and customer demand and expectations are constantly changing. That’s why in today’s fast-paced global economy, it’s more important than ever to make sure your supply chain is efficient and reliable. .

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Five Strategies to Establish Supply Chain Continuity

ivalua

The post Five Strategies to Establish Supply Chain Continuity 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.

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Supply Chain Managers Are Quitting in Unprecedented Numbers

Supply Chain Brain

Supply chain managers quit their jobs last year at the highest rate since at least 2016 due to a mix of burnout and a desire for fatter paychecks.

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Aligning Knowledge Management and Supply Chain Management!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Why is Supply Chain Management Important? Our 10 Best Articles! A company’s supply chain usually comprises all the operations between sourcing raw materials and delivering the product to customers. Along with this process, there are many challenges a company faces, some of which can be avoided or mitigated through knowledge management for the supply chain management.

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Jersey Electricity – Utilities

Barkers Procurement

Jersey Electricity needed help to launch a full review of the procurement function, starting from scoping, discovery, planning and implementation for: Spend analysis. Category management. Systems. Processes. People. Barkers started category councils and reviewed tendering and negotiations practices, delivering £750k savings in the first year. At the same time, processes were defined better and implemented across the organisation.

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All-round Supply Chain optimisation – Tobias Larsson of Altana.ai

The Procuretech Podcast

This week we're talking about supply chains. More specifically, where does the line lie between procurement and supply chain? Should we be concentrating on better understanding our multi-tiered complex chains, rather than just purchasing software to better track and trace shipments? Understanding the value of pre-emptive end-to-end supply chain management.

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How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk. When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.

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Watch: Can Colleges Help Close the Supply Chain Talent Gap?

Supply Chain Brain

Michelle Carroll, Supply Chain Management Department chair at Fayetteville (North Carolina) Technical Community College, talks about the importance of preparing students for a career in supply chain.

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The Crypto Bill and India’s Budget!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. All You Need to Know About Cryptocurrency! Earlier the last year, the increasing popularity of crypto coins like bitcoin has been a significant matter of concern for the government of India. Because of all this, the government was looking forward to banning the cryptocurrency movement in the country.

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How to Solve Supply Chain Disruptions — It’s Not What You Think

Arkestro

As 2019 wound down, who would have predicted that how to solve supply chain disruptions would become one of the top headlines? Especially throughout the next three years? Not just in trade publications, either. Supply chain disruption has become something that all of us see in the headlines every day: online, in newspapers, and in magazines. The topic has become the subject of documentaries.

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Introducing the Procurement Bill 2022

Value Match

Categories. Best Practice Guides. Bid Management. Business. Case Study. Circular Economy. Community Story. Contract for Change. Environment and Climate. Equality and Inclusion. Government Buying Standards. House of Commons Committee of Public Accounts. Human Rights and Modern Slavery. Legislation. National Audit Office Reports. News. Procurement Best Practice.

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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.