ProcurePort
JUNE 24, 2021
Enterprise resource planning (ERP) systems are one of the organizations’ most critical tools today. Estimated to be worth more than $25 billion globally, the ERP software market is thriving – and for due reason. According to Selecthub, 88% of companies acknowledge ERP integration as pivotal in their success with the top reasons for implementing the […].
ivalua
JUNE 24, 2021
The post Procurement must shift gears to meet C-Level’s rising expectations appeared first on Ivalua.
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Supply Chain Brain
JUNE 21, 2021
If blockchain is ever to fulfill its potential as a reliable way of recording key business transactions, it’s going to have to burn a lot less energy that it does today.
Supply Chain Game Changer
JUNE 19, 2021
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What to Look for Before Investing and Storing Bitcoin! Get Bitcoins fast article and permission to publish here provided by Bailey Merton. If you’re looking to invest in cryptocurrencies, now is the right time. Even though bitcoin has been going through massive dips in the past, it is still just as valuable as before.
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ProcurePort
JUNE 23, 2021
How has technology impacted procurement and sourcing in the supply chain? Technology has revolutionized every industry and procurement is no exception. With increasing pressure to mitigate spend and streamline processes, Chief Procurement Officers have turned to digital sourcing and digital solutions for help. In fact, according to a global survey of 830 procurement professionals carried […].
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Supply Chain Game Changer
JUNE 24, 2021
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! Inflation rising article and permission to publish here provided by Olivia Alex. Companies rely on supply chain management to reduce costs and increase their production cycle. Sadly, with the advent of the Covid-19 pandemic, many global organizations had to rethink their supply chain strategy , especially those who depended solely on China for their requirements of
ProcurePort
JUNE 22, 2021
When it comes to business operations, it makes sense that many aspects of running a business turn out to be cyclical. Kind of like Elton John teaches us with “The Circle of Life” in The Lion King, as a process comes to a close, no matter how long or large that process may be, it […]. The post What is Contract Lifecycle Management (CLM)? appeared first on ProcurePort Blog.
Jaggaer
JUNE 22, 2021
The post Global Dentistry Company Digitizes Its Procurement Processes with JAGGAER appeared first on JAGGAER.
Supply Chain Brain
JUNE 22, 2021
Maurice Liddell, principal and senior client executive with BDO, examines the results of a survey of manufacturers and their efforts to adopt new technologies in keeping with the age of “Industry 4.0.
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 Game Changer
JUNE 21, 2021
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Understanding the Bitcoin Mining Process! Mining! The Backbone of Bitcoin Technology article and permission to publish here provided by Jean Nichols. Bitcoin was released as a digitalized coinage in the year 2008 at the very first glance. However, the characters rendered by the cryptocurrency king transformed the digitalized coinage into a speculative asset.
SupplyShift
JUNE 25, 2021
In today’s climate, ESG compliance is no longer a “nice-to-have.” If you’re not taking ESG seriously, you’re simply not prepared for the future. And to take concrete action towards increasing sustainability performance, you must prioritize your supply chain , where the greatest ESG impacts are found. Yet a recent survey by The Sustainability Consortium (TSC) found that fewer than one in five companies have a comprehensive view of their supply chains’ sustainability performance.
Sourcing and Supply Chain
JUNE 24, 2021
Category Management is the concept of the Retail industry that helps for better management as well as sales of a similar category of product by bundling the same. Initially, it was deployed in the retail and sales end. Later on, it is categorically understood that for multiple sources of consumption or multi factory plants, sourcing a similar product by different persons may lead to consumption of more time, money, and resources.
Supply Chain Brain
JUNE 21, 2021
AstraZeneca Plc’s COVID-19 vaccine manufacturing partner in Southeast Asia has missed a delivery target in Thailand and shipments to other countries in the region have been delayed, the latest setback for a shot that was meant to be the backbone of the global inoculation effort.
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
Supply Chain Game Changer
JUNE 22, 2021
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How Bitcoin Works! Bitcoin features article and permission to publish here provided by Jean Nichols. Many cryptocurrencies have come and gone, but no one could attain success achieved by the bitcoins only because of blockchain. Yes, bitcoin is a top-rated digital currency that has become the top choice of people worldwide.
SupplyShift
JUNE 25, 2021
In today’s climate, ESG compliance is no longer a “nice-to-have.” If you’re not taking ESG seriously, you’re simply not prepared for the future. And to take concrete action towards increasing sustainability performance, you must prioritize your supply chain , where the greatest ESG impacts are found. Yet a recent survey by The Sustainability Consortium (TSC) found that fewer than one in five companies have a comprehensive view of their supply chains’ sustainability performance.
EazyStock
JUNE 23, 2021
When finished goods are built from a set of components, a Bill of Materials (BOM) is extremely useful for inventory management purposes. A bill of materials is usually associated with production planning in manufacturing, and is typically used in manufacturing software such as materials resource planning systems (MRPs). BOMs are also very useful when multiple components are used in the assembly of final items for sale or for servicing equipment and machinery.
Supply Chain Brain
JUNE 23, 2021
The recent computer chip shortage has created problems across industries, leading companies to reassess how they mitigate supply chain risk.
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 Game Changer
JUNE 21, 2021
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Supply Chain Carbon Footprint Reduction Strategy! (Infographic). Baling operation article and permission to publish here provided by Carol Trehearn. All modern recycling plants should have some kind of baling operation on site. Baling is the process of squeezing recycled materials into cubes and then tying them together using baler wire.
SupplyShift
JUNE 24, 2021
Organizations big and small rely heavily on hundreds—if not thousands—of different suppliers around the globe. In this type of supply chain ecosystem, companies must understand sustainability performance of not only their tier-one suppliers, but also their second, third, and fourth tier suppliers and beyond. Yet according to Deloitte , a recent study revealed that while most companies have social and environmental systems in place for internal operations, less than a third have similar structure
ProtoCast
JUNE 21, 2021
Knowledge Transfer Partnerships, or KTPs for short. Never heard of them? Me neither. That was until I had a few conversations with the guys at Claritum and discovered how they had leveraged government funding and the vast knowledge base that academia brings to the table. I'm joined on this episode of ProctoCast by Paul Barker, CTO of marketing procurement tech platform Claritum, and John Cartlidge, senior lecturer in financial informatics and data science at the University of Bristol.
Supply Chain Brain
JUNE 21, 2021
Europe is so short of natural gas that the continent — usually seen as the poster child for the global fight against emissions — is turning to coal to meet electricity demand that is now back to pre-pandemic levels.
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Supply Chain Game Changer
JUNE 22, 2021
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Omni-channel Approach to Customer Experience! Excellent customer service article and permission to publish here provided by Jocelyn Bell. Online businesses are booming. It has become second nature for increasing numbers of consumers to buy online, whether they are shopping for new shoes or a new car.
SupplyShift
JUNE 24, 2021
Organizations big and small rely heavily on hundreds—if not thousands—of different suppliers around the globe. In this type of supply chain ecosystem, companies must understand sustainability performance of not only their tier-one suppliers, but also their second, third, and fourth tier suppliers and beyond. Yet according to Deloitte , a recent study revealed that while most companies have social and environmental systems in place for internal operations, less than a third have similar structure
Jaggaer
JUNE 23, 2021
The post NORMA Group Standardizes and Digitalizes the Internal Purchasing Process in 27 Global Plants appeared first on JAGGAER.
Supply Chain Brain
JUNE 23, 2021
Thomas Goldsby, professor and Haslam Chair in Logistics in the Supply Chain Management Department of the University of Tennessee, discusses the short- and long-term impacts of the ransomware attack that temporarily shut down a major East Coast gasoline pipeline.
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.
Supply Chain Game Changer
JUNE 23, 2021
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! Competitive bidding results article and permission to publish here provided by James Liang at PowerRFP. Leading a competitive bidding process can be painful. It all starts fine with sending your Request for Proposal (RFP) out to your suppliers one by one and then a lot of information starts coming in from various channels and formats.
SupplyShift
JUNE 23, 2021
Many companies focus solely on their tier one suppliers when it comes to supply chain sustainability. Yet to holistically tackle ESG performance, procurement teams must evaluate their operations at tier two, three, and beyond, as each level of the supply chain carries different risks. Cotton is a great example. In light of recent concerns over forced labor in cotton sourcing, many brands now want to address the issue at the most upstream source (the farm or gin), when in reality it’s the textile
ivalua
JUNE 21, 2021
The post World Procurement Congress 2021 <br>Virtual event and Physical event appeared first on Ivalua.
Supply Chain Brain
JUNE 20, 2021
Warehouse automation is becoming more mainstream and affordable for smaller and middle-market e-commerce businesses.
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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.
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