All Things Supply Chain

JULY 20, 2020

Due to the enormous impact of the coronavirus pandemic on global supply chains, many companies are struggling to keep themselves ticking over.

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Supply chain Supply Suppliers Supply chain resilience 279

Supply Chain Brain

JULY 20, 2020

Among the many “gifts” of the coronavirus pandemic is a hard lesson about the fragility of food supply chains.

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Supply chain Supply 136

ivalua

JULY 22, 2020

The revised European Banking Authority (EBA) Guidelines on Outsourcing came into effect on September 30 th of 2019. They update former guidelines on the subject from 2006 and specifications on cloud services outsourcing from 2017. They apply to a broader audience than the previous rules : now including not only banks but also credit institutions, investment firms, electronic money institutions and payment providers, all of whom must abide by these guidelines.

Risk management 130

Risk management Risk Contract Suppliers 130

ProcurePort

JULY 22, 2020

What is strategic sourcing? According to businessdictionary.com strategic sourcing is defined as “A method of managing procurement processes for an organization in which the procedures, methods, and sources are constantly re-evaluated to optimize value to the organization.” To add on, strategic sourcing allows organizations to leverage their purchasing power so they can achieve the best […].

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Strategic sourcing Strategic sourcing Sourcing Procurement 130

Advertiser: GEP

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

Category management

All Things Supply Chain

JULY 24, 2020

Apple targets a net zero carbon footprint for its entire supply chain by 2030 According to Apple, it is already fully carbon neutral where its corporate operations are concerned.

Supply chain 39

Supply chain Supply Supply chain management Supply chain management 39

Supply Chain Brain

JULY 20, 2020

It's unrealistic to believe the U.S. can break China’s monopoly over the rare earth element market through private investment and the opening of new domestic mines.

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ProcurePort

JULY 20, 2020

In departments like procurement, there can often be so many concurrent activities that it’s hard to keep track of every single one. While a formidable effort needs to be dedicated to the actual acquisition side of things, just as crucial is the supplier management once onboarded. The contract lifecycle management starts the moment a contract […].

Contract 130

Contract Management Procurement Suppliers 130

Supply Chain Collaborator

JULY 22, 2020

I went down to Barry’s Bikes in my hometown to buy some inner tubes from the bike shop that had been a fixture in my town for decades. Sadly, my bicycle tires are still flat because Barry’s storefront was shuttered. To console myself over the loss of this beloved local landmark, I decided to bake a carrot cake, but I was out of baking powder. At the grocer, the entire shelf of baking ingredients was bare.

Supply Chain Optimization 108

Supply Chain Optimization supply chain software solutions Supply Chain Efficiency Supply chain 108

Supply Chain Brain

JULY 21, 2020

Here are three segments of your business to reconsider.

Sustainability 121

Sustainability 121

ivalua

JULY 20, 2020

The post Strengthening Procurement-IT Partnerships appeared first on Ivalua.

Procurement 130

Procurement 130

Advertiser: ZoomInfo

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

Data

Supply Chain Game Changer

JULY 23, 2020

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chain Should Lead the Boardroom … the Coronavirus Proves it! Chief Supply Chain Officer article and permission to publish here provided by Sam White at argentus.com. At Argentus, we’ve long written about how crucial Supply Chain leadership is to business strategy. With the myriad challenges raised by COVID-19, we feel confident saying that it’s more important than ever before.

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Supply chain Leadership Supply Logistics 104

Jaggaer

JULY 21, 2020

How much do you enjoy routine tasks such as updating dozens of price lists, generating purchase requests, and entering and reviewing information for multiple suppliers? Many tasks in procurement are repetitive, tedious, time-consuming and, when performed by humans, highly error prone. They absorb precious time – time that could be spent on more important strategic tasks that add value to the organization and make work more satisfying and rewarding for a procurement professional.

Procurement 102

Procurement Purchasing Suppliers Purchase orders 102

Supply Chain Brain

JULY 21, 2020

Hospitals and healthcare facilities may not have large inventories or warehouses, but their complex needs stand to benefit from a warehouse management system.

Supply Chain Optimization 109

Supply Chain Optimization Supply chain Inventory Supply 109

ivalua

JULY 20, 2020

The post Procurement Sustainability Metrics appeared first on Ivalua.

Sustainability 130

Sustainability Procurement 130

Advertisement

In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.

supply chain budgeting

Supply Chain Game Changer

JULY 21, 2020

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What’s the Difference Between Freight Management and Logistics Management? Anyone in Supply Chain has likely heard the phrase “Incoterms”, certainly if you are involved in Freight and Logistics management, or perhaps in Finance. Even if you haven’t heard of “Incoterms” you are more likely to have heard of terms like “Ex Works”, “Free on Board” or FOB, or “DDP&#

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Export Buyers Logistics Purchase orders 85

Solvoyo

JULY 21, 2020

Imagine that you’ve decided to make your favorite chocolate chip cookie at home. You opened your favorite recipe, prepared all the ingredients, and pulled out the blender in your kitchen. You then preheated the oven. First, you attach the beater tip to mix the egg and the sugar. Next, the chopper tip for the chocolate. Then, you remove the chopper tip and attach the dough hook for the final mix.

Supply Chain Optimization 52

Supply Chain Optimization supply chain budgeting supply chain software solutions Supply Chain Efficiency 52

Supply Chain Brain

JULY 23, 2020

Here's what we might see if the U.S government decides to take a more active role in driving supply chains away from China.

Supply chain 90

Supply chain Supply 90

ivalua

JULY 22, 2020

The post Jollibee appeared first on Ivalua.

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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?

Innovation

Supply Chain Game Changer

JULY 22, 2020

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Do you have a Freight Management Strategy or are you Spinning your Wheels? AEI tags article and permission to publish here provided by Adrian Brito on behalf of Industrial Networks. In the shipping industry, automatic equipment identification (AEI) tags are the lifeblood of data collecting.

Dwell Time 73

Dwell Time supply chain budgeting Supply Chain Efficiency Data 73

EazyStock

JULY 20, 2020

Inventory is the biggest entry in the balance sheet of many distribution companies and fast deliveries are becoming increasingly important in today’s digital world – especially as an increasing number of people are working remotely. Failing to stock the right items doesn’t only result in lost sales. Unhappy customers can ruin a company’s online reputation in a few clicks and if you can’t deliver, one of your competitors most likely can.

Inventory 52

Inventory Management supply chain software solutions Supply Chain Optimization 52

Supply Chain Brain

JULY 24, 2020

COVID-19 has thrown the global economy into turmoil, interrupting normal operations everywhere, wreaking havoc on supply chains, and causing a severe drop in global trade. Asia, of course, is not immune.

Supply chain 84

Supply chain Supply 84

ivalua

JULY 20, 2020

The post Ivalua Spend Analysis appeared first on Ivalua.

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Advertiser: GEP

For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic

Supply chain

The Procuretech Podcast

JULY 22, 2020

Larger organisations tend to use enterprise level ERP systems such as SAP and Oracle, neither of which are particularly user-friendly. In fact, the average person who only uses them to request, approve or receive goods and services will usually find them cumbersome to the point that they find ways around them. Organisations typically react to this by offering solutions such as punch-out catalogues and P-cards, or even third-party integrators and BPO to deal with tail spend.

Budget 40

Budget Procurement 40

Claritum

JULY 22, 2020

Introduction. “Vendor - neutral describes a state in which no one vendor can control the definition, revision or distribution of a specification.” Gartner. Allowing for broad compatibility and interchangeability of vendors and technology. Why Does it Matter? Avoid Vendor Lock-In. Relationships with vendors are important, however if this results in the vendor being specified, as opposed to the requirement, this is not a good result.

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Negotiation Price Buyers Inventory 32

Supply Chain Brain

JULY 23, 2020

This year's supply-chain shocks are forcing grocery retailers to answer to changing consumer needs — and fast.

Supply chain 66

Supply chain Supply 66

ivalua

JULY 20, 2020

Federal Agencies now have fast-track access to market-leading, cloud-based technology to digitally transform government acquisition. REDWOOD CITY, Calif., July 20, 2020 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that it has achieved FedRAMP Ready status for moderate impact certification and is listed on the FedRAMP Marketplace.

Spend management 147

Spend management Risk management Risk Procurement 147

Advertiser: ZoomInfo

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

Buyers

Supply Chain Brain

JULY 21, 2020

Quick and efficient arrival of electronic components is essential for any equipment manufacturer to run successfully, but long lead times are increasingly causing halts in production. Here's a breakdown of today's blockages — and how to deal with the disruption.

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Claritum

JULY 22, 2020

Introduction. “Vendor - neutral describes a state in which no one vendor can control the definition, revision or distribution of a specification.” Gartner. Allowing for broad compatibility and interchangeability of vendors and technology. Why Does it Matter? Avoid Vendor Lock-In. Relationships with vendors are important, however if this results in the vendor being specified, as opposed to the requirement, this is not a good result.

Negotiation 32

Negotiation Price Buyers Inventory 32