All Things Supply Chain
MARCH 2, 2022
Russia’s invasion of neighboring country Ukraine has prompted global leaders across the world to respond with economic sanctions, as well as pledging support for Ukraine in various ways.
ProcurePort
MARCH 3, 2022
Did you know that poor data analytics costs the United States more than $3.1 trillion per year, and companies anywhere between $9.7 million and $14.2 million per annum? Your supplier data is incredibly invaluable and embracing it may increase your business’ operating margins by up to 60% according to McKinsey. Despite the clear business advantages, […].
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ivalua
MARCH 1, 2022
TOP TEN CPO PRIORITIES for 2022: Webinar Recap. In late 2021, The Hackett Group asked Procurement Leaders about their strategic priorities and initiatives for the coming year. After a rollercoaster 2021, how do we pivot and plan for a successful Procurement strategy in 2022? . Vishal Patel, VP of Product Marketing, Ivalua and Chris Sawchuk, Principal and Global Procurement Advisory Practice Leader, The Hackett Group discussed disruptive trends and growth projections across a variety of Procurem
Supply Chain Brain
MARCH 1, 2022
The supply squeeze on the U.S. economy tightened further in February, indicating no relief for domestic producers and pointing to persistent inflationary pressures.
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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.
All Things Supply Chain
MARCH 4, 2022
Brands sever supply chain ties with Russia A growing list of corporate giants in various industries have decided to cut ties with Russia due to its invasion of Ukraine.
ProcurePort
MARCH 2, 2022
Supply chain collaboration is a common practice in the supply chain industry. It occurs when different autonomous firms collaborate or team up to execute supply chain tasks and operations. Collaboration is a cooperative strategy because two or more business units cooperate to realize mutual benefits. Collaboration can deliver substantial benefits to collaborators because different autonomous […].
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 Brain
FEBRUARY 27, 2022
European leaders talking up plans to wean the continent off Russian natural gas are facing a harsh reality: energy companies are buying more as the war rages in Ukraine.
All Things Supply Chain
FEBRUARY 28, 2022
From Brexit to the COVID-19 pandemic, several factors have led to the instability of the UK’s labor market.
ProcurePort
MARCH 1, 2022
Robotic process automation in procurement is fit for repetitive tasks that follow well-set-out rules requiring little human intervention. When well set out in a procurement department, staff can concentrate on higher-value tasks such as strategic planning and innovation. RPA projects can deliver up to 300% return on investment within 12 months of implementation.
Supply Chain Game Changer
MARCH 4, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is a 3PL? The Ultimate Guide Including Definitions of 1PL, 2PL, and 4PL! Working with a 3PL can be an excellent option for organizations that want to streamline their supply chain and unburden themselves of duties and expenses that they are not equipped to handle in-house. Of course with a lot of third party providers out there, you need to take the time to compare and contrast competing partners before you come to a dec
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 Brain
MARCH 2, 2022
For many businesses, the past year exposed the fragility of their cash flow and working capital. The pandemic, coupled with supply chain disruptions and erratic consumer demand, wreaked havoc on companies facing both internal and external pressures.
Barkers Procurement
MARCH 3, 2022
Ethical procurement policies provide clear guidance for sourcing supplies and establishing internal and external relationships essential for daily operations and long-term growth. Today, more companies realise that providing a high-quality product or service is not enough to gain a market advantage. What is ethical procurement? Ethical procurement is a company’s code of conduct that drives everything from hiring and training talent to sourcing cost-effective supplies from socially respon
Purchasing Insight
MARCH 2, 2022
The e-invoicing ‘industry’ has been banging on about the 4-cornered model for years. But after years of whistling in the wind it is time to call it out for what it is – bleedin’ obvious. The post Electronic Invoicing – the 4-cornered model explained appeared first on Purchasing Insight.
Supply Chain Game Changer
FEBRUARY 28, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Tips to Build a Healthy Work Culture! For the majority of us, work is the only way of getting the resources needed to support our day-to-day life. However, more often than not, work is often unenjoyable and only done due to pure necessity. Imagine, however, actually enjoying your work and going into to work every day?
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 Brain
FEBRUARY 28, 2022
U.S. importers and exporters are bracing themselves for the possibility of a strike — or, at the very least, a damaging worker slowdown — by dockworkers at West Coast ports, as management and labor seek accord on a new longshore contract.
EazyStock
MARCH 3, 2022
In the early 1980s, just in time supply chain management emerged as a way for businesses to reduce stock levels and only hold items that were needed to fulfill known orders. In recent years, and particularly since the coronavirus pandemic, just-in-case (JIC) supply chain management has become more popular. This takes a more cautious approach, where companies carry more stock and add redundancy into their supply chain, so they can respond to unexpected surges in demand or mitigate supply disrupti
Solvoyo
MARCH 2, 2022
Effective supply chain management begins with aligning supply, demand, and inventory planning according to business strategies. You need integrated, automated, and intelligent planning systems to manage millions of daily decisions. The post Day in the life of a Supply Chain Leader: Discover The Future of Planning appeared first on Solvoyo.
Supply Chain Game Changer
FEBRUARY 28, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How to Prevent Shipping Damage! (Infographic). Have you heard stories of engagement rings going wrong before? Yes, an engagement ring can get damaged and, if you are not careful, you may not realize it until it’s the big day. Most of the damages reported have occurred during shipping as most people order engagement rings online.
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 Brain
FEBRUARY 28, 2022
First BP, then Shell. In just two days, Britain’s twin energy giants have dumped Russian investments nurtured over decades and shut themselves out of the world’s largest energy exporter, probably forever.
Fraxion
FEBRUARY 28, 2022
Achieving purchasing control is challenging for organizations, large or small, without adequate visibility or technology to guide and inform spending behavior. By underpinning processes with consistent, internal purchasing controls you can strengthen your strategy and protect your organization via thorough authorization practices.
Procurement Express
FEBRUARY 28, 2022
Thanks to our years of experience in the procurement industry, we understand how important it is to pre-qualify a supplier before committing to a contract. However, we know that it might not be clear to all companies why this is such an important point. But pre-qualifying your supplier is something that can save you a lot of trouble down the road. If your company isn’t following this practice, or you don’t have a clear grasp of its importance, this article will be your guide as well as teach how
Supply Chain Game Changer
FEBRUARY 27, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Digital Wallet Safety Measures! Bitcoin security all depends on the digital wallet , but how do you secure your digital wallet? Do you practice securing it? Most people will say no to it because due to a lack of knowledge and awareness. If you think your investments are safe after buying the digital wallet, it is not true because if you must secure your digital wallet.
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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.
Supply Chain Brain
MARCH 1, 2022
After years of growing increasingly reliant on cheap and abundant wheat supplies from Russia and Ukraine, the world’s grains buyers are being forced to hunt elsewhere as flows from both countries dry up.
EazyStock
FEBRUARY 28, 2022
JIT v JIC stock management. For years companies have operated a just-in-time (JIT) supply chain model, only ordering stock items when necessary and carrying minimal inventory to reduce carrying costs. The pandemic has led to various global supply chain issues , such as increased demand volatility and trouble with stock availability. This has seen a switch to just-in-case (JIC) inventory management as companies raise their stock levels to avoid the risk of running out.
Procurement Express
FEBRUARY 28, 2022
One of the things we’ve learned is the importance of choosing the right supplier, and a key aspect of that decision is knowing what kind of request you need to make. After all, it’s what will give you the information you need to make the right decision. While at first glance the difference between them might seem confusing, each type of request has a specific purpose.
Supply Chain Game Changer
MARCH 2, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chain Visibility Has Never Been More Important! Last-mile delivery visibility is key to business success. In fact, 93% of customers say they want to be informed with increased visibility throughout the entire delivery journey, from in-transit status through to final arrival date.
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 Brain
MARCH 4, 2022
The logistics industry likes to think that it has a labor shortage, but it really has a people problem.
Jaggaer
MARCH 1, 2022
The post JAGGAER Appoints Justin Sadler-Smith to Senior Vice President Europe appeared first on JAGGAER.
CPO Rising
MARCH 4, 2022
For nearly a decade, our team gathers to discuss and review the prior year and lay out plans for the new one. We review, in depth, the key findings and trends from the prior years’ market research studies. We also discuss the highlights and takeaways from the previous year’s briefings delivered by solution providers, consultants, […].
Supply Chain Game Changer
MARCH 1, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Supply Chain Renaissance Has Begun! We believe that we are on the verge of a Supply Chain Renaissance. A period of time in which people, technologies, cultural demands and amenability, and motivation will all conspire to launch a long period of rebirth in Supply Chain. While we discuss what this means in our article “ The Supply Chain Renaissance Has Begun “, we thought we would conduct a poll amongst our read
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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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