ProcurePort

OCTOBER 14, 2021

There is a saying in the world of business that by the time an opportunity is visible to the general public it’s already past its prime. Well, here’s one area that’s still in its infancy and worth investing in – procurement tech. For investors keen to enter the market before it’s saturated now is a […]. The post Why Procurement Tech Is the Hottest Space for Investors Right Now appeared first on ProcurePort Blog.

Procurement 130

Procurement 130

SCMDOJO

OCTOBER 9, 2021

With my background of 15+ years as an ERP-SAP-PROJECT MANAGER and previous 20 years in SCM both in India and Overseas. I would like to state the following ERP Implementation Failure Reasons. You will also find this article written by Dr. Muddassir Ahmed useful – 9 Drowning ERP Implementation Risk Factors You Need to be. Continue reading. The post 6 ERP Implementation Failure Reasons – by an ERP Expert appeared first on SCMDOJO.

Project management 140

Project management Risk Management supply chain software solutions 140

Supply Chain Brain

OCTOBER 12, 2021

To be competitive in the years ahead, companies must deploy disruptive technology architecture that provides a single, real-time source of truth for all trading partners.

Networking 144

Networking Supply chain Sourcing Supply 144

ivalua

OCTOBER 12, 2021

The post Seizing the Corporate Social Responsibility (CSR) Opportunity appeared first on Ivalua.

130

130

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Supply Chain Optimization

ProcurePort

OCTOBER 13, 2021

A world-renowned management consulting group recently published research that showed that best-in-class procurement organizations operate far much more efficiently than most other companies. The report by Hackett Group found that on average, they have 18% lower operating costs and up to 28% fewer employees. Still, they manage twice the Return on Investment as compared to […].

Procurement 130

Procurement Management 130

Supply Chain Game Changer

OCTOBER 12, 2021

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “ Seasoned Leadership in Action ” Interview series at Supply Chain Game Changer. This interview is with Fiona Lowbridge, Vice President of Client Success at ALOM.

Leadership 105

Leadership Supply Chain Efficiency Supply chain Distribution channels 105

ivalua

OCTOBER 13, 2021

TransferMate — a subsidiary of the Clune Tech Group founded by Terry Clune — is the world’s leading provider of B2B payments infrastructure as a service, enabling companies to send and receive cross-border payments faster, easier and at lower cost. TransferMate, under the leadership of Clune and CEO Sinead Fitzmaurice, has built one of the largest portfolios of payments licences worldwide, including in 51 US states and territories, to support trading in more than 200 countries and jurisdictions.

Leadership 100

Leadership 100

ProcurePort

OCTOBER 12, 2021

What is an invoice management platform and why should you invest in one? Entrepreneur.com reports that across the United States, small businesses are owed $825 billion in unpaid invoices. That comes out to about $84,000 in unpaid invoices per company. That’s not all but the majority of small businesses also have to wait up to […]. The post Invoice Management Software System for Accounts Payable appeared first on ProcurePort Blog.

Management 130

Management Contract management Contract 130

Supply Chain Game Changer

OCTOBER 11, 2021

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Product Packaging Ideas to Reduce Costs! Choose the right packaging article and permission to publish here provided by Boris Dzhingarov. Choosing the right packaging for e-commerce products is extremely important. It is one of the most important parts of branding, and if you’re operating a single product store, the packaging could end up being a major element in your website’s design.

supply chain budgeting 90

supply chain budgeting Supply chain Buyers Import 90

Supply Chain Brain

OCTOBER 14, 2021

As demand continues to shift to the omnichannel and e-commerce, supply chain strategies must proactively recognize any disruptions that threaten to undermine on-time and in-full (OTIF) order requirements.

Supply chain 136

Supply chain Supply Demand Strategy 136

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

ivalua

OCTOBER 12, 2021

The post Supplier Diversity, Equity, and Inclusion Datasheet appeared first on Ivalua.

Suppliers 130

Suppliers 130

NLPA (Next Level Purchasing Association)

OCTOBER 14, 2021

Continuously enhancing procurement operations should be a priority in many industries. Procurement and supply operations are critical to an organization’s mission and competitive advantage. It is essential to have the ability to make a persuasive pitch as this is essential to procurement success. Your ability to make a meaningful change will be severely limited if you are unable to convince management to support your ideas or invest in your initiatives.

Procurement 52

Procurement Risk management Risk Management 52

Supply Chain Game Changer

OCTOBER 15, 2021

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. ECommerce Overpackaging is an Absolute Disgrace! Online shopping article and permission to publish here provided by Charlotte Smith. We have all been there. You want to buy something online, but you’re not sure if it’s going to be delivered in time or if the quality will be as good as what you see on the website.

Price 89

Price Supply chain Buyers Import 89

Supply Chain Brain

OCTOBER 11, 2021

The race to wean shipping off oil and switch to cleaner fuels should prove lucrative for investors and is drawing interest from fund managers, according to Boston Consulting Group.

Management 126

Management 126

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

ivalua

OCTOBER 12, 2021

The post Supplier Diversity Study 2021 appeared first on Ivalua.

Suppliers 130

Suppliers 130

SupplyShift

OCTOBER 13, 2021

Today, a company’s public image can rapidly diminish if they fail to comply with the increasingly prevalent environmental, social, and governance (ESG) standards being put into place worldwide. One crucial area of business that all companies can address to achieve better sustainability is the supply chain. These are sophisticated global networks, external of the business itself, comprised of manufacturers, logistics enterprises, and third-party suppliers.

Sustainability 52

Sustainability Supply Chain Efficiency Supply chain Supply 52

Supply Chain Game Changer

OCTOBER 14, 2021

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What Exactly Is Reverse Logistics? Preventing refund fraud article and permission to publish here provided by Carol Trehearn. Managing a supply chain can be strenuous enough without having to worry about the integrity of refund requests. Refund fraud is a very real threat to retailers, and it can put a great deal of tension on the customer-to-business relationship.

Supply chain management 77

Supply chain management Supply chain management supply chain software solutions Supply chain 77

Supply Chain Brain

OCTOBER 13, 2021

Retailers are trying to maintain a cheery outlook despite looming pressures on the upcoming holiday season, including worker shortages and supply chain disruptions, according to a new report.

Supply chain 122

Supply chain Supply 122

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

Future Purchasing

OCTOBER 11, 2021

Grant Reid, CEO of Mars, has an excellent insight into how current approaches to supply and value chains and the challenges needed to meet net-zero carbon aspirations, in an article which appeared in The Guardian ( [link] ). We need to develop an end to end supply chain insight into the production of carbon to make sure we are aware of and address the full spread of emissions.

Supply chain 52

Supply chain Supply Category management Influencing 52

SupplyShift

OCTOBER 13, 2021

Today, a company’s public image can rapidly diminish if they fail to comply with the increasingly prevalent environmental, social, and governance (ESG) standards being put into place worldwide. One crucial area of business that all companies can address to achieve better sustainability is the supply chain. These are sophisticated global networks, external of the business itself, comprised of manufacturers, logistics enterprises, and third-party suppliers.

Sustainability 52

Sustainability Supply Chain Efficiency Supply chain Supply 52

Supply Chain Game Changer

OCTOBER 14, 2021

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! Challenges facing Supply Chain Executives article and permission to publish here provided by Melody Williams. The COVID-19 pandemic has been nothing short of a Black Swan event for the world economy—namely the many supply chains that power it.

Supply Chain Efficiency 76

Supply Chain Efficiency Supply chain Real-time Visibility Supply 76

Supply Chain Brain

OCTOBER 12, 2021

Toyota and other automakers were hit hard by parts shortages because they failed to obtain visibility of their supply chains beyond tier-one suppliers, says Alkis Vazacopoulos, teaching associate professor in the Online Masters of Science in Business Intelligence and Analytics program at the Stevens Institute of Technology.

Risk management 122

Risk management Risk Management Supply chain 122

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Supply Chain Optimization

World of Procurement podcast

OCTOBER 11, 2021

WE'VE GOT A SLIGHT GLITCH BETWEEN 10:00 - 11:30 MINS OF THE PODCAST. IT WILL COME BACK ON :D We had Tom Mills on the World of Procurement Podcast to talk about his views and ideas around what Procurement truly is. At one point in the episode, Tom referred to The Heart of Procurement and I instantly knew that would be the title for this episode. We cover an incredible amount of conversation pieces as summarised below.

Procurement 52

Procurement Procurement team supply chain budgeting Supply chain 52

The Good Spending

OCTOBER 11, 2021

Supply chains evolving into demand networks Supply chain management overlooks the end-to-end production flow of goods or services — from the raw materials to the final product delivery to the end consumer. With the rise of information technologies, the role of consumers has become dominant in supply chains. They can now communicate directly with retailers and manufacturers and purchase customized goods and services from the source.

Demand 52

Demand Supply Chain Efficiency Management Raw materials 52

Supply Chain Game Changer

OCTOBER 13, 2021

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Coronavirus Exposes Global Supply Chain Fragility! Impact of Covid article and permission to publish here provided by Boris Dzhingarov. The Covid-19 pandemic has impacted almost everyone. Some sectors have had a worse time than others, but there are very few that have thrived amidst the chaos.

Supply Chain Efficiency 64

Supply Chain Efficiency Supply chain Raw materials Supply 64

Supply Chain Brain

OCTOBER 12, 2021

Global spending on software-as-a-service is expected to reach more than $122 billion this year. How much is wasted on unnecessary subscriptions?

Price 128

Price 128

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

ProtoCast

OCTOBER 13, 2021

We're back and this month we have a three-way conversation. Dave Jones joins regular host James as a co-host, and the guest on this month's show is Advisor and Consultant Dr. Thierry Fausten. Our conversation is all about the human interaction in B2B relationships Keeping Procurement Human: Why People are Critical to B2B Collaboration It's a very popular discussion point at the moment, given all of the talk about whether robots are about to come and take our jobs.

Collaboration 40

Collaboration Procurement Data Suppliers 40

The Procuretech Podcast

OCTOBER 12, 2021

This week, we bring you the first in a 3 part series of live episodes recorded at Procurement Summit in Berlin on 29 and 30 September 2021. We’ll be covering a different theme on each episode, and featuring 3 procuretech startups each week. Our focus is on some of the newer, less well-known startups who pitched and exhibited during the summit to bring awareness to some of the exciting new players out there who are destined to grow quickly.

Risk management 40

Risk management Risk Supply Chain Efficiency Management 40

Supply Chain Brain

OCTOBER 12, 2021

China’s week-long holiday has exacerbated congestion at two of the country’s busiest ports — Shanghai and Ningbo — where hundreds of cargo ships are waiting to berth.

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119

Supply Chain Brain

OCTOBER 14, 2021

Commitments from shippers and cargo owners to move toward around-the-clock unloading at the docks in Los Angeles are a first step to addressing a national supply chain backlog.

Supply chain 116

Supply chain Supply 116

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Real-time Visibility