Sat.Feb 26, 2022 - Fri.Mar 04, 2022

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The impact of Russian Invasion on Global Supply Chains

All Things Supply Chain

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.

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Record Lead Times Show More U.S. Inflation in Supply Chain Mess

Supply Chain Brain

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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Bridging the Gap between Procurement & Finance

ivalua

The post Bridging the Gap between Procurement & Finance appeared first on Ivalua.

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Finding Meaning in Your Supplier Master Data

ProcurePort

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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GEP Spend Category Outlook Report 2025

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.

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What the UK labor shortage means for warehouse workers

All Things Supply Chain

From Brexit to the COVID-19 pandemic, several factors have led to the instability of the UK’s labor market.

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Energy Firms Snap Up Russian Gas as Europe Seeks Alternatives

Supply Chain Brain

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.

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The Importance of Supply Chain Collaboration

ProcurePort

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 […].

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Supply Chain Weekly Wrap-Up 02/25/2022- 03/03/2022

All Things Supply Chain

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.

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Does Just-in-Time Inventory Really Enhance Cash Flow?

Supply Chain Brain

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.

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How Young Adults Are Changing With Bitcoin Culture!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Tools to Increase Student Engagement! One thing that comes our way these days affecting the lives of many, including the young adults in college is digital currency, the Bitcoin culture. We have seen a good inclination towards Bitcoin among the youth and students in the market.

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5 Ways You Can Win Faster with Gen AI in Sales

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.

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Delivering Value with Robotic Process Automation in Procurement

ProcurePort

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.

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The Benefits Of Ethical Procurement

Barkers Procurement

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

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Logistics Labor Has a People Problem, Not a Worker Shortage

Supply Chain Brain

The logistics industry likes to think that it has a labor shortage, but it really has a people problem.

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4 Questions to Ask Your 3PL!

Supply Chain Game Changer

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

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From Reactive to Resilient: Charting Your Supply Chain Maturity

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.

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How to successfully implement just-in-case inventory management

EazyStock

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

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Electronic Invoicing – the 4-cornered model explained

Purchasing Insight

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.

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Less Paper, More Power: How AI Helps Carriers Meet Their SLAs

Supply Chain Brain

The challenge of meeting service level agreements (SLAs) can often be the cause of sleepless nights for shipping directors.

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Ways to Make Work Enjoyable!

Supply Chain Game Changer

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?

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The 2nd Generation of Innovation Management: A Survival Guide

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?

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Day in the life of a Supply Chain Leader: Discover The Future of Planning

Solvoyo

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.

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JAGGAER Appoints Justin Sadler-Smith to Senior Vice President Europe

Jaggaer

The post JAGGAER Appoints Justin Sadler-Smith to Senior Vice President Europe appeared first on JAGGAER.

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Will West Coast Longshore Labor Talks Stall Again?

Supply Chain Brain

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.

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5 Tips for Shipping Your Engagement Ring Safely!

Supply Chain Game Changer

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.

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GEP Outlook Report 2025

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

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Why purchasing internal controls matter

Fraxion

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.

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Why companies should pre-qualify their suppliers.

Procurement Express

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

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Russian Invasion Smothers Supplies From World’s Breadbasket

Supply Chain Brain

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.

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Tips to Secure Your Digital Wallet!

Supply Chain Game Changer

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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10 Ways to Leverage Buyer Signals and Drive Revenue

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.

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What are the fundamental differences between just-in-time and just-in-case stock control?

EazyStock

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.

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The difference between an RFI, RFQ and RFP.

Procurement Express

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.

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Ukraine Outsourcing Is a Major Part of Global Tech Supply Chain

Supply Chain Brain

Russia’s invasion of Ukraine has disrupted projects at a raft of global tech companies, and employers are now arranging escape plans for their workers.

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Key Benefits of Increased Visibility in Last Mile Delivery!

Supply Chain Game Changer

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.

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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.