ProcurePort

SEPTEMBER 16, 2021

A purchase order is an initial offer by a buyer to the seller, indicating the quantities, types, quality, and agreed prices for products or services. The purchase order is used to control spend, and provide an overview of all the requested supplies and their product details. The Boston Consulting Group estimates that businesses gain a […]. The post The Benefits of Using Purchase Order Software appeared first on ProcurePort Blog.

Purchase orders 240

Purchase orders Purchasing Quantity Buyers 240

ivalua

SEPTEMBER 13, 2021

35% of respondents are lacking systems to enable effective, scalable collaboration to empower supply-chain partners in support of their CSR strategies and policies. Redwood, CA – 14 th September 2021 – Ivalua , a leading global spend management cloud provider , announced today the results of a commissioned study conducted by Forrester Research on behalf of Ivalua which shows that companies have been prioritizing CSR initiatives as part of their core business strategies – and it has paid of

Collaboration 130

Collaboration Sustainability Ethics Supply chain 130

Supply Chain Brain

SEPTEMBER 14, 2021

Comgem, an e-commerce platform provider, launched three new products and a website to help U.K. small and medium-sized enterprises (SME) sell more products and services with less effort.

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Supply Chain Game Changer

SEPTEMBER 16, 2021

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 6 Techniques to Reduce Last Mile Delivery Costs! Mailroom management software article and permission to publish here provided by Arthur Zargaryan. Although every part of a parcel’s journey from source to recipient has experienced increased congestion in the past few years, last-mile logistics suffers the most.

supply chain software solutions 94

supply chain software solutions Logistics Management Supply Chain Efficiency 94

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Supply Chain Optimization

ProcurePort

SEPTEMBER 15, 2021

Invoice matching is the process of checking invoices from your suppliers against other documents such as a purchase order to verify the amounts and descriptions of items billed match. It’s an important measure to take to minimize opportunities for fraud or human errors. In large organizations that have tens or hundreds of suppliers, the invoice […].

Purchase orders 130

Purchase orders Purchasing Suppliers Import 130

ivalua

SEPTEMBER 15, 2021

The post How Sustainable Procurement Leaders are Delivering Results Today appeared first on Ivalua.

Sustainability 130

Sustainability Procurement 130

Supply Chain Game Changer

SEPTEMBER 15, 2021

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Featuring Our 10 Best Inventory Management Articles! Get Our EBOOK HERE. Manufacturing SMBs article and permission to publish here provided by Alina Akk. Inventory management is a holistic and logical methodology for handling both raw materials and finished products. It encompasses several processes such as tracking stock levels, planning production schedules, and liaising with vendors.

Inventory 92

Inventory Raw materials Management supply chain software solutions 92

ProcurePort

SEPTEMBER 14, 2021

How can purchase order automation software improve life for procurement teams? The task of managing purchase orders is no small feat. It is demanding, requiring careful attention to detail and great interpersonal skills. It can be even more complex when procurement teams have scores of vendors to handle and numerous purchase orders to issue each […].

Purchase orders 130

Purchase orders Purchasing Procurement team Demand 130

ivalua

SEPTEMBER 16, 2021

The post Creating Tail Spend ROI Through an Improved Buyer Experience appeared first on Ivalua.

Buyers 130

Buyers 130

Supply Chain Brain

SEPTEMBER 13, 2021

And now, after a year and a half of lockdowns, countless business closures and severe shortages of both essential and non-essential goods, comes the revenge economy.

Suppliers 124

Suppliers 124

Advertiser: GEP

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.

Supply chain

Supply Chain Game Changer

SEPTEMBER 17, 2021

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Common Mistakes in Importing and Exporting! (Infographic). Shipping products overseas article and permission to publish here provided by Claire Glassman. Electronic commerce (e-commerce) has paved the way for easier cross-border transactions, with customers having no qualms of ordering products located halfway across the globe.

Export 91

Export Order Fulfillment Logistics Supply chain 91

IBM Supply Chain Blog

SEPTEMBER 13, 2021

Businesses with optimal supply chains achieve 5-15% lower supply chain costs , 20-50% less inventory holdings, and up to 3X cash-to-cash cycle speeds. Yet, most companies underperform due to operational inefficiencies and unexpected external disruptions. . That’s why I’m excited to introduce IBM Supply Chain Intelligence Suite , an AI-based supply chain optimization and automation solution that helps improve supply chain resiliency, increase agility, and optimize operations.

Supply Chain Efficiency 60

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 60

ivalua

SEPTEMBER 16, 2021

The post Inclusive Procurement: Designing Supplier Diversity appeared first on Ivalua.

Suppliers 130

Suppliers Procurement 130

Supply Chain Brain

SEPTEMBER 14, 2021

The damage to offshore platforms and pipelines was so severe that two out of every three barrels of crude normally pumped from the U.S. sector of the Gulf of Mexico are unavailable.

Supply 116

Supply 116

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

Bidding

Supply Chain Game Changer

SEPTEMBER 13, 2021

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Unlock PDF Passwords in Seconds! Compress PDF online article and permission to publish here provided by Jasmine Summer. There are so many reasons to compress PDF documents. One of the major reasons for reducing the file size is its large size which takes up a great space on your computer.

Supply Chain Optimization 84

Supply Chain Optimization Quality Supply chain Networking 84

The Network Effect

SEPTEMBER 14, 2021

The post How to Optimize Your P&L with Your Supply Chain (Part 2) appeared first on The Network Effect.

Supply Chain Optimization 79

Supply Chain Optimization Supply chain Networking Supply 79

ivalua

SEPTEMBER 16, 2021

The post APAC Customer User Group appeared first on Ivalua.

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Supply Chain Brain

SEPTEMBER 16, 2021

Artificial intelligence is a warehouse "game changer," but organizations are struggling to use it optimally, according to a study from Lucas Systems Inc.

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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.

Supply Chain Optimization

Supply Chain Game Changer

SEPTEMBER 13, 2021

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How Australia is Dealing with Packaging and Waste! Product packaging mistakes article and permission to publish here provided by Claire Glassman. If you spend a lot of time online, you may enjoy memes of embarrassing mistakes that people have made. While that’s mostly harmless, the joke will be far less funny when it’s your products or packaging that others start making fun of.

Purchasing 82

Purchasing Supply chain Import Buyers 82

The Procuretech Podcast

SEPTEMBER 14, 2021

Historically, there wasn't much technology out there to deal with indirect services spend, both from a sourcing and supplier contract lifecycle management perspective. This has started to change recently. But is it possible to manage both strategic, corporate level service agreements as well as more tactical, tail spend and one-time buys all in the same platform?

Management 52

Management Procurement team Contract Purchasing 52

The Good Spending

SEPTEMBER 14, 2021

Yet another definition of Agile 'Agile' has become a buzzword across many professions. Advisors, analysts, and random strangers tell us what it takes to become agile. Expectedly, this hype covers up the lack of generally accepted definitions and standard concepts, so for some advisors, ' agile' means 'resilient,' for others – 'flexible.' Some advisors suggest differentiating 'agile' and 'Agile' (the adjective vs. the one following the Agile Manifesto ).

Leadership 52

Leadership Negotiation Contract Change management 52

Supply Chain Brain

SEPTEMBER 13, 2021

Businesses everywhere are looking to build supply chain resilience. Here are five places to start.

Supply chain 145

Supply chain Supply chain resilience Supply 145

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Supply Chain Optimization

Supply Chain Game Changer

SEPTEMBER 14, 2021

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Featuring Our 10 Best Inventory Management Articles! Get Our EBOOK HERE. The prospect of having a Just In Time (JIT) Supply Chain system has been the goal of innumerable businesses and industries for decades. And for those who have implemented Just In Time processes it has been the backbone of their entire operating structure.

Raw materials 81

Raw materials Real-time Visibility Supply Chain Efficiency Supply Chain Optimization 81

NLPA (Next Level Purchasing Association)

SEPTEMBER 13, 2021

Effective market surveys and analyses are processes that identify whom procurement professionals want to bid on their requirements. This kicks off a process that incorporates multiple considerations. The components of good market analysis include the following: Identifying current suppliers. The obvious first step in figuring out who can bid on your requirements is determining who you do business with today.

Supply market 52

Supply market Bidding Supply Suppliers 52

The Good Spending

SEPTEMBER 13, 2021

Agility and customer value for competitive advantage In the chart of buzzwords, "customer value" competes with "agility." Businesses need to understand, create, manage and retain it to remain competitive. We already tried to explain the different views on agility in previous posts, e.g., dynamic capability. Customer value is another complex term, which definitions vary depending on the context.

Price 52

Price Sourcing Import Procurement 52

Supply Chain Brain

SEPTEMBER 14, 2021

The U.K. delayed new post-Brexit border checks on food from the European Union to mitigate a supply chain crisis in a move that was immediately criticized as handing the bloc’s producers a competitive advantage.

Supply chain 115

Supply chain Supply 115

Advertiser: GEP

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.

Procurement

Supply Chain Game Changer

SEPTEMBER 16, 2021

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Insights for Managing Your Fleet Strategy! Fleet Management Software article and permission to publish here provided by Korey Kashmer. Before going into how to choose the best fleet management software, first let’s talk about what fleet management software is and how it can benefit OTR fleets.

supply chain software solutions 75

supply chain software solutions Management supply chain budgeting Supply Chain Efficiency 75

Jaggaer

SEPTEMBER 12, 2021

The post JAGGAER Signs Exclusive Deal With Leading Egyptian Developer appeared first on JAGGAER.

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ProtoCast

SEPTEMBER 15, 2021

Protcocast is a part of the Proctopus network. We're back with a BANG after our summer break! In this episode of ProctoCast, we dive into the subject of the importance of clean data and a logical taxonomy. Here to talk about this is none other than The Classification Guru herself, Susan Walsh. The Business Case for Clean Data We dig into how to break down the barriers between the person on the front line dealing with the consequences of dirty data, and the gap between those folks and the departm

Data 40

Data Procurement team Quality Networking 40

Supply Chain Brain

SEPTEMBER 16, 2021

Andrew Breckenridge, executive vice president of Fortna, tells how supply chain executives can engage in long-term planning to mitigate future risk, even as they’re battling the crisis of the moment.

Supply chain 117

Supply chain Supply Risk 117

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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.

Real-time Visibility