Sat.Jun 12, 2021 - Fri.Jun 18, 2021

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Benefits of Category Management in Supply Chain

ProcurePort

During the COVID-19 pandemic, global and domestic supply chains were stressed harder than ever, illuminating the unexpected fragility of our economic supply chains. While we’ve certainly made recent strides and are getting closer to the other side of the COVID-19 pandemic, there’s a lot we can learn looking back over the past year, especially in […].

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The Opportunity — and Challenges — for Digital Transformation in MENA

ivalua

The pandemic was a wake-up call for businesses worldwide, who struggled to overcome operational disruption — everything from the transition to remote working, to supply chain chaos. Organizations in the Middle East and North Africa (MENA) were no exception — and these companies were particularly aggressive in their response. In fact, a survey conducted by the Economist Intelligence Unit (EIU) found that 96% of respondents from the Middle East region were reconfiguring their supply chains in Octo

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6 Generations of Demand Forecasting Software

SCMDOJO

In this blog, we will discuss 6 Generations of Demand Forecasting Software, how the logic and algorithms are developed over time. This article is written in collaboration with LOKAD where they have talked about,, “How companies went from using technologies that were fundamentally based on mathematics, which had not changed that much since the 18th.

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How Trump’s Trade War Built Shein, China’s First Global Fashion Giant

Supply Chain Brain

Shein is upending a $36 billion industry by using a seemingly ingenious combination of supply-chain savvy, data-driven clothing design and tax loopholes that came to the fore during the U.S. and in China trade war.

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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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How to Improve Your Procurement with Category Profile Sourcing

ProcurePort

According to Gartner, the typical requisition-to-order cycle time for simple categories is just four hours while that of more complex categories is 30 days. Procurement teams are always on the lookout for ways to reduce source-to-pay timeframes, maximize value, mitigate sourcing risk, and efficiently manage to spend. Meeting these targets is paramount to ensuring a […].

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Beyond ERPs: How Source-to-Pay Solutions are Changing the Game for Procurement

ivalua

The post Beyond ERPs: How Source-to-Pay Solutions are Changing the Game for Procurement appeared first on Ivalua.

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Watch: How Inefficient Warehouses Are Slowing Global Supply Chains

Supply Chain Brain

Alex Wakefield, chief executive officer of Longbow Advantage, says the inability of warehouses to take full advantage of the data that’s available to them is a greater threat to supply chain continuity than a containership blocking the Suez Canal.

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4 Key Procurement Technology Trends to Watch out for in 2021

ProcurePort

Every industry and market space goes through constant evolutions. Consider the state of the stock market. We’re seemingly a millennium removed from the days of ‘the stock floor’ being a sea of people throwing their tickets in the air. Today, on the other hand, nearly the entire stock market is virtual. Other spaces as well […]. The post 4 Key Procurement Technology Trends to Watch out for in 2021 appeared first on ProcurePort Blog.

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Rolls Royce: Driving Supply Chain Resilience, Efficiency, and Digitization

ivalua

The post Rolls Royce: Driving Supply Chain Resilience, Efficiency, and Digitization appeared first on Ivalua.

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Bitcoin Trading with Android!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is Android Fragmentation? Bitcoin trading with Android article and permission to publish here provided by Jean Nichols. Do you know why people are investing in bitcoin? It is because of the increasing popularity of bitcoin trading. Meanwhile, the android exchange system has developed the android-based bitcoin trading application.

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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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Electric Plane Pioneer Pivots to Cargo Drones

Supply Chain Brain

While the coronavirus crisis has delayed completion of a plant, the 65-year-old entrepreneur still expects unmanned cargo craft to comfortably beat autonomous passenger planes into the skies.

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How to Set Corporate Goals for Supply Chain ESG

SupplyShift

ESG takes top priority on a company’s vision for the future. But what do corporate sustainability goals look like in practice? With mounting pressure from investors and consumers, corporate sustainability has continued to mature beyond measurement and reporting toward more ambitious goal-setting. For example, in 2019, 90% of companies listed on the S&P 500® index issued an annual sustainability report, compared to just under 20% in 2011.

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Leaseplan: Simplifying & Standardizing Procurement

ivalua

The post Leaseplan: Simplifying & Standardizing Procurement appeared first on Ivalua.

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Is Bitcoin or Ethereum Digital Currency Right for You?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 8 of the Best Cryptocurrencies for Investing! Digital currency article and permission to publish here provided by Jean Nichols. We live in a digital currency era where there seemed to be a rise of Cryptocurrency in the media. Digital currencies are making headlines in the media for many more reasons, and in recent months and one can find different types, including the popular ones like Bitcoin and Ethereum, while there are a

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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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Watch: How to Fix the Food Recall Process

Supply Chain Brain

Kaitlin Wowak, associate professor of I.T., analytics and operations in the Mendoza College of Business at the University of Notre Dame, explains the options that food suppliers have in deciding when and where to initiate a product recall.

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What is Contract Management and why it’s a game changer for your Business

World of Procurement blog

What is Contract Management? Contract Management is the process of managing all of your contracts. For this article, we’re going to focus on Contract Management related to your Supply Chain Contracts, or Procurement Contracts. This is the management of the entire contracting process though. So many people out there in the World of Procurement do not realise that businesses that do contract management properly are the ones who do it for both the pre-signature and the post-signature contract activ

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Construction & Engineering Datasheet

ivalua

The post Construction & Engineering Datasheet appeared first on Ivalua.

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What is VUCA (Volatility, Uncertainty, Complexity and Ambiguity) ?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Change Management Articles! In this age of acronyms one of the terms that I have heard more of in recent years is “VUCA” In short VUCA stands for “Volatility, Uncertainty, Complexity, and Ambiguity” It seems to be a phrase designed to capture multiple synonyms for change and chaos, or the conditions associated with chaotic situations.

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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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Watch: How Will America Return to Work? A Legal Perspective

Supply Chain Brain

A discussion of the major legal issues that are arising as employees return to the workplace, with Lindsey Conrad Kennedy, labor and employment attorney with Eckert Seamans Cherin & Mellott LLC.

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How to Set Corporate Goals for Supply Chain ESG

SupplyShift

ESG takes top priority on a company’s vision for the future. But what do corporate sustainability goals look like in practice? With mounting pressure from investors and consumers, corporate sustainability has continued to mature beyond measurement and reporting toward more ambitious goal-setting. For example, in 2019, 90% of companies listed on the S&P 500® index issued an annual sustainability report, compared to just under 20% in 2011.

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Bell Canada: Managing Procurement During & Beyond the Pandemic

ivalua

The post Bell Canada: Managing Procurement During & Beyond the Pandemic appeared first on Ivalua.

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The Importance of the International Shipping Industry!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Common Mistakes in Importing and Exporting! (Infographic). Get Our EBOOK HERE. International shipping industry article and permission to publish here provided by Daniel Choi. Even during the epidemic, the shipping industry’s significance in the value chain and the transportation of resources and goods worldwide was emphasized, probably most prominently. “Since the start of the epidemic, the shipping sector has eff

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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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Trade War Costs Global Supply Chains 3-5 Years of Growth, UN Says

Supply Chain Brain

Trade shocks fueled by unilateral tariffs between the U.S. and China have undone three to five years worth of growth among global value chains in affected countries, according to a UN policy brief.

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The Changing role of Procurement, Traceability-as-a-Service, Sustainability and Blockchain's use case with Douglas Johnson-Poensgen

World of Procurement podcast

Listen to the Podcast here. Watch the Podcast here. Doug Johnson-Poensgen is the Chief Executive Officer and Co-Founder of Circulor. We covered a lot of ground in this 25-minute podcast and this podcast is going to be exceptionally beneficial to you if you are currently looking at your supply chain and wondering how can we improve visibility, how can we reach our sustainability goals using our supply chains and how do we know what is in this product?

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Next Generation EU: You Will Never Have a Better Opportunity to Modernize Procurement

Jaggaer

The post Next Generation EU: You Will Never Have a Better Opportunity to Modernize Procurement appeared first on JAGGAER.

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How Can Supply Chain Students Combine Theory and Practice?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chain Education and Certification – What’s Missing? GET our EBOOK HERE. Supply chain students article and permission to publish here provided by Alisia Stren. Supply Chain Management, a crucial aspect of a business, is the study of the management of large quantity goods and services.

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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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How Logistics Can Benefit From the Internet of Things

Supply Chain Brain

Internet of things (IoT) technologies offer innovative answers to numerous logistical challenges, and are currently being adopted more widely across the industry.

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#5 | An Interview With Jason Roberts on the Five Key Benefits of Supplier Diversity

The Supplier Experience

An Interview on the Five Key Benefits of Supplier Diversity. In our latest interview, we welcome Jason Roberts, CEO & Founder of Kaleida, a B2B marketplace for tenders, to discuss the benefits of supplier diversity. Jason built the Kaleida platform in November 2020, which offers a fully inclusive approach for connecting buyers to suppliers, including diverse suppliers.

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Taking the Leap: The Case for Post-Pandemic Investment

Jaggaer

The post Taking the Leap: The Case for Post-Pandemic Investment appeared first on JAGGAER.

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How Android Phones Make Bitcoin Trading Easier!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Steps to Pick the Best Bitcoin Wallet for Android! Android phones article and permission to publish here provided by Jean Nichols. Bitcoin is a decentralized cryptocurrency having no third parties involved in the system. The cryptocurrency is utterly subjected to virtual, devoid of land-based brokers; the users are requisites to invest computing capitals in order to trade in bitcoin.

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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.