Sat.Aug 21, 2021 - Fri.Aug 27, 2021

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Humanizing the Climate Emergency and Equity for All with Sustainable Supply Chains

Supply Chain Queen

As outlined August 9, 2021 in the Sixth Report of the Intergovernmental Panel on Climate Change (IPCC), the latest advances in science reveal the scale and intensity of climate-related disruptions and the disproportionate impact climate change has on marginalized communities in the world we share. In fact, over 80% of the underlying Sustainable Development Goals’.

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What is the 3-Way Match Process in Accounts Payable?

ProcurePort

The 3-way match process in accounts payable is a process of matching the purchase order PO, supplier’s invoice, and the receiving report to validate the invoice before disbursing the payment. The 3-match process achieves validity, accountability, and transparency in procurement planning and management processes. The premise of the three-way match process is to reduce the […].

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The World Economy’s Supply Chain Problem Keeps Getting Worse

Supply Chain Brain

A supply chain crunch that was meant to be temporary now looks like it will last well into next year as the surging delta variant upends factory production in Asia and disrupts shipping, posing more shocks to the world economy.

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This collection of Financial Services Infographics highlights

ivalua

The post This collection of Financial Services Infographics highlights appeared first on Ivalua.

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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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Feature Cover on Sustainability Magazine: Supply Chains Can Change the World

Supply Chain Queen

When my kids ask me, “you knew what was happening to our world and what did you do?” I want to be able to say wholeheartedly that I gave my all and helped others to do the same.Sustainable supply chains can provide credibility, strategically manage risk, create healthy ecosystems that are planet + people positive, Read more. The post Feature Cover on Sustainability Magazine: Supply Chains Can Change the World appeared first on SupplyChainQueen®.

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A Step-by-step Approach to Invoice Automation Processing 

ProcurePort

There are many reasons organizations need to automate and streamline their invoice processing. It saves time, reduces invoice handling costs, and allows the staff in the accounts payables department to handle other higher-level tasks. It also minimizes the risk of fraud, especially in large organizations. The software also allows for the collection of data for […].

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More than half of European suppliers say procurement teams aren’t enforcing standards for responsible labour

ivalua

Majority of European suppliers not being asked to prove they protect against labour violations, while 76% of UK suppliers are unprepared for new changes to the Modern Slavery Act. Redwood City, CA – 26th August 2021 – Research from Ivalua, a leading global spend management cloud provider, has revealed more than half (58%) of European suppliers said buyers rarely or never include responsible labour practices in contracts or agreements.

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7 Technologies to Optimize Supply Chain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Stand Out Digital Supply Chain Strategies! Technologies to optimize Supply Chain article and permission to publish here provided by Arra at No-BS Marketplace. Advanced technology is believed to be the springboard on which you can make your business successful and competitive. Leveraging relevant technology in the supply chain from the moment your suppliers bring in raw materials, during storage of the materials and manufactur

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Efficient Purchase Order Management Software

ProcurePort

Can purchase order management software improve efficiency for procurement teams? The question of efficiency is one that every procurement team is seeking answers for. In fact, improving operational efficiency is the number one Chief Procurement Officer (CPO) priority for 2021 according to Deloitte’s 2021 Global Chief Procurement Officer Survey. The more suppliers you have to […].

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What Manufacturing Must Do to Solve the Talent Gap

Supply Chain Brain

People are shying away from factory work because they don’t realize what a great career opportunity it offers. So says Ethan Karp.

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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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Amid back-to-school and holiday shopping supply chain concerns, consumers want improved transparency

IBM Supply Chain Blog

Consumers weary from ongoing supply chain strains are demanding greater transparency and certainty from retailers and e-commerce sites as they undertake back-to-school and holiday shopping. With record spending anticipated for back-to-school season this year amid expected shortages and reduced inventories, just under half of parents are concerned about back-to-school supplies (42 percent) and availability of holiday gifts (46 percent) – according to a new survey of consumers conducted by Morning

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Important Soft Skills Every Employee Should Have!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Writing an Impressive Resume! Soft skills article and permission to publish here provided by Susan Melony. When it comes to adding hard skills to your resume , it’s pretty self-explanatory. Hard skills are technical, measurable, and usually either learned in a classroom or through on-the-job training.

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4 Promotional Kit Ideas for Holiday Corporate Gifting! Part 4: Tourist in Your Own City

Superior Business Solutions

They’ll Appreciate Their City – and YOU For Helping Them Do it Today, I want to wrap up our series on unique gift kits for memorable corporate holiday gifting. So far, we’ve talked about wellness tool kits and custom cooking tool kits. And in my last post, I took you through some promotional travel tool […]. The post 4 Promotional Kit Ideas for Holiday Corporate Gifting!

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Worker Support Grows for Harsher Vaccine Stances From Employers

Supply Chain Brain

As U.S. regulatory approval of Pfizer Inc.’s COVID-19 shot paves the way for companies to get more aggressive with inoculations, American workers are increasingly supportive of punitive measures for unvaccinated colleagues.

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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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Part 2: ‘Tis the season for fulfillment: 3 retail holiday hurdles and how to overcome them

IBM Supply Chain Blog

This is a 3-part blog series to prepare you for the upcoming holiday season. Looking to have a big holiday season? Let fulfillment lead the way. As retailers prepare for the upcoming holidays, it’s critical they consider all the influences that can make or break their holiday success. At the core of their preparation should be a single inventory tracking system that gives a 360-degree perspective on inventory management, customer engagement and fulfillment risk and opportunities.

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Different Ways Business Cards Impact Your Brand!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Cost Effective Branding Tips That Really Work! Business cards article and permission to publish here provided by Alex Chapman. With the age of digital media peaking and people consuming content mainly through digital mediums, such as smartphones or laptops, you’ll wonder why you need to think of business cards at all.

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5 Ways to Minimize Cyber Security Threats to your Supply Chain

EazyStock

Supply chain cyber security is a growing concern for many businesses – unsurprising, given the increasing number of digital breaches that make the news. Recent examples include the DarkSide cyber attack of Colonial Pipeline in May 2021, which was only resolved once the hackers were paid $5 million in ransom. Even more recently in August, hackers accessed the personal information of over 53 million T-Mobile customers (both current and former).

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Watch: The Reality and Practicality of Reshoring Manufacturing to the U.S.

Supply Chain Brain

Omer Abdullah, founder and managing director of The Smart Cube, lays out the subtleties and complexities of making the decision on whether to bring manufacturing back from Asia to the U.S.

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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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JAGGAER supports Middle East start-up ecosystem with advice on digital procurement

Jaggaer

The post JAGGAER supports Middle East start-up ecosystem with advice on digital procurement appeared first on JAGGAER.

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Supply Chain Visibility – An Overcomplicated Challenge!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chain Visibility Has Never Been More Important! Supply Chain visibility article and permission to publish here provided by Adam Miglio. The Internet of Things (IoT) and digital transformation have opened the doors to what should be limitless transparency across the most complex supply chains.

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The Ivalua 2021 Responsible Labour Report

ivalua

The post The Ivalua 2021 Responsible Labour Report appeared first on Ivalua.

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Chip Shortage Set to Worsen as Covid Rampages Through Malaysia

Supply Chain Brain

The number of COVID-19 infections is surging in Malaysia, threatening to aggravate shortages of semiconductors and other components that have hammered automakers for months.

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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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Closing the Skills Gap in Your Digital Supply Chain Design

Supply Chain Brain

Supply chain digitization is imperative for companies who want to stay competitive in the marketplace. Experts state that 80% of the supply chain costs are locked in within the design of the supply chain, so focusing on that area is paramount to running cost-efficient supply chains.

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Biden Urges CEOs to Improve Cybersecurity After Attacks

Supply Chain Brain

President Biden met with a group of CEOs to discuss how industry and the federal government can work together to improve cybersecurity in the face of debilitating ransomware and cyberattacks.

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Watch: How Can Manufacturers Boost Labor Productivity?

Supply Chain Brain

Cliff Waldman, chief executive officer of New World Economics, explains how manufacturing labor productivity is measured, and why it’s such an important metric for assessing economic health.

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Too-Big-to-Fail? GM and LG’s Ties Tested by $1 Billion Recall

Supply Chain Brain

What had looked like one of the most promising partnerships in the burgeoning world of EVs is facing its third recall in nine months.

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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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Dry Bulk Shipping Rates Soar as Commodities Rebound

Supply Chain Brain

For a glimpse at how fast demand for commodities has rebounded in the wake of the coronavirus, look no further than the market for shipping them.

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Counterfeit Goods Are Everywhere. This Technology Sweeps Them From Supply Chains.

Supply Chain Brain

The counterfeit drug market alone costs more than $200 billion per year — enough to bring 13 new drugs to market.

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Five Capabilities of Tomorrow's Chief Procurement Officers

Supply Chain Brain

Changes in the business world at large have been accelerating for decades, leading to a fundamental transformation of the procurement function.

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Get Shots or Get Out, U.S. Employers Are Telling Workers

Supply Chain Brain

Vaccine mandates are beginning a march across the U.S., constricting the places that people who have shunned the shots can work, shop and play.

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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.