Sat.Mar 25, 2023 - Fri.Mar 31, 2023

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Open Tendering — Everything You Should Know

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Open Tendering — Everything You Should Know Open tendering is crucial in the acquisition of goods and services for a company. However, what is it? For this article, we will discuss what open tendering is and the different kinds of tender in procurement.

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What drone companies need to do to reach lofty delivery goals

Supply Chain Dive

Zipline and Alphabet's Wing aim to scale up and reach more customers, but it will take more than their internal capabilities to secure long-term success and adoption.

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5 things supply chain managers can do to contribute to humanitarian relief

SCMR (Supply Chain Management Review)

When it comes to disaster relief, supply chains are critical. Here’s what to know about working with relief organizations.

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The future of order management solutions: freedom of choice and flexibility

IBM Supply Chain Blog

In the wake of the pandemic and global supply chain issues, businesses have realized the importance of technology innovation to deliver truly superior retail customer experiences. But without real-time reliable views of inventory, shipments and automated order orchestration processes, retailers are unable to deliver on order promises. Businesses need robust order management solutions (OMS) that can drive customer satisfaction, increase fulfillment profitability and support new digital and in-per

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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.

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What is Sourceable Spend?

Procurement Software

Around 60% of a company’s revenue is spent on goods and services from external suppliers in most mature businesses. But how much of this is sourceable spend? And how much of what your organisation purchases is actually spend that’s addressable, or currently being actively managed? If these terms are confusing to you, then read on. I’m going to explain everything and help you to get to grips with the different types of spend in your organisation.

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The Big Interview with Lorna Baker

Procurement Heads

For Procurement Heads ‘ latest Big Interview, Lorna spoke with Gemma Burman about her procurement career. How did you get into procurement? Well, like a lot of people, I fell into procurement really. After I graduated, I did struggle to find out what I wanted to do, so I went through a few temporary roles and at the same time I actually met a woman who worked in marketing for Peel Holdings in Manchester, and we walked our dogs at the same time in the same place.

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Best Places To Work – Ivalua Continues its Award-Winning Streak with Comparably

ivalua

Ivalua has been awarded Best Company for Global Culture, Future Outlook, and Engineering, Marketing, and Sales Departments. Redwood City, CA, March 31, 2023. Ivalua, a global leader in spend management , today announced that it has been ranked by Comparably among the top 100 companies with the best outlook , best global culture , and best departments in engineering , marketing, and sales.

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Supply Chain Weekly Wrap-Up 03/24/2023-03/30/2023

All Things Supply Chain

US to sell part of their offshore oil drilling rights On Wednesday a part of the Gulf of Mexico, the size of Italy, was put for auction to sell the…

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The Big Interview with Lorna Baker

Procurement Heads

For Procurement Heads ‘ latest Big Interview, Lorna spoke with Gemma Burman about her procurement career. How did you get into procurement? Well, like a lot of people, I fell into procurement really. After I graduated, I did struggle to find out what I wanted to do, so I went through a few temporary roles and at the same time I actually met a woman who worked in marketing for Peel Holdings in Manchester, and we walked our dogs at the same time in the same place.

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Pillars of Sustainability — Everything About Sustainability

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Pillars of Sustainability — Everything About Sustainability The pillars of sustainability should be embedded into an organization’s strategy to achieve sustainability. However, what are these pillars? In this article, we will discuss what sustainability is.

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

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.

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Wake Up AP, Before it’s Too Late! E-invoicing Mandate | France 2024

ivalua

E-invoicing Mandate | France 2024 Ivalua Spend Management Insights [ivory-search] Wake Up AP, Before it’s Too Late! E-invoicing Mandate | France 2024 March 27, 2023 | | Procurement Strategy by Steve Carter The biggest change to Accounts Payables since the introduction of double entry journals is about to hit finance departments–but are they prepared?

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DHL, FedEx and USPS among top brands impersonated in phishing scams

Supply Chain Dive

Cybersecurity company Cloudflare's rankings underscore how the daily presence of logistics businesses in consumers' lives makes them a prime target for phishing scams.

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Blockchain for Supply Chain: A Comprehensive Guide for Businesses

SCMDOJO

Blockchain technology is revolutionizing the way businesses manage their supply chains. By providing a secure and transparent way to track products from their origin to their final destination, blockchain for supply chain can help increase efficiency, reduce costs, and improve trust between suppliers and customers. However, implementing blockchain in your business also comes with its own set of challenges.

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Circular Economy — Transforming Sustainable Procurement

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Circular Economy — Transforming Sustainable Procurement The circular economy is gaining traction throughout the years and many businesses are adopting it. Circularity is acknowledged as the most promising solution to sustainability issues around the world.

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Freight Procurement Simplified: Bids from Hours to Minutes

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

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Episode 108: Considering the Transparency and Control of Digital Currency with Kris Lance

Una

EPISODE 108 Considering the Transparency and Control of Digital Currency with Kris Lance By Kelly Barner | March 29, 2023 The banking system has been in the news quite a bit recently, and not for good reasons. Everyone has learned a lot about the liquidity and transactions that make the financial system – and our economy – work. Two initiatives that have received far less coverage are FedNow and Central Bank Digital Currencies (CBDCs), both of which raise important questions about th

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FedEx slumps, Amazon slows and more takeaways from a top shipping index

Supply Chain Dive

New U.S. parcel delivery data from Pitney Bowes outlines the extent of top carriers' volume declines, and what lies ahead for the sector.

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Canada Rises to the Challenge to Help with Chip Demand

Procurement Bulletin

The Shift to EV’s Leaving Some Manufacturing Towns Behind While some automakers are looking to convert their vehicle manufacturing to producing electric vehicles, some factories just aren’t setup to make the transition resulting in closures and massive layoffs. The plant closures result in a domino-effect for that town and the vendors who service the plant and the workers who would be working there.

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The Future of EDI for Supply Chains

Let's Talk Supply Chain

Electronic Data Interchange (EDI) was introduced in the 1960’s to allow businesses to communicate key business transactions such as purchase orders, advanced shipping notices, and invoices electronically instead of via paper providing fewer errors and more efficiencies. The concept was and still is great, it’s the execution that has failed.

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

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.

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Focusing Beyond Cost in Procurement

Una

Pain Points in Procurement Series Focusing Beyond Cost in Procurement to Drive Value Practitioners who are focusing beyond cost in procurement are shifting stakeholder mindsets about the value the function can bring to the organization. By Hugo Britt | March 30, 2023 Search Welcome to Una’s Pain Points in Procurement series. Each week, the Una team will explore one of ten common pain points impacting procurement today, and put forth actionable solutions to each of these challenges.

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Chewy to close 2 fulfillment centers as it ramps up automation push

Supply Chain Dive

The closures will allow the pet goods retailer to flow more order volume through its newer, automated facilities, its CEO said.

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Know Why Procurement Consulting Should Be A Crucial Component Of Every Business

Procurement Freelancers

Companies frequently purchase goods and services from a variety of suppliers. The specifics of obtaining… The post Know Why Procurement Consulting Should Be A Crucial Component Of Every Business first appeared on Procurement Blog | Procurement & Supply Chain News.

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Three supply chain risks that will hurt your bottom line in 2023

Spend Matters

Categories: Sponsored Article , Supply Risk Tags: sponsored post Our global supply chain is complex and ever-changing, and procurement leaders are under pressure to stay ahead of risk while keeping costs low and vendors in compliance. The cadence and impact of supply chain shocks from weather disasters, supply shortages, supplier challenges and emerging compliance requirements are increasing, and there’s no crystal ball to show what lies in store any given day.

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The Ultimate Guide to Transportation and Load Building Optimization

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.

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White House Urged to Intervene in West Coast Port Labor Talks

Supply Chain Brain

The request came as cargo volumes have dropped off at West Coast ports, in part because retailers and importers have sought to avoid potential disruption and delays because of the labor negotiations.

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With drug shortages on the rise, pharma supply chains pose security risk: report

Supply Chain Dive

Geographic concentration and a lack of visibility into sourcing could jeopardize key pharmaceuticals, according to a U.S. Senate committee.

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Co-creating the digital experience of the Masters

IBM Supply Chain Blog

The Masters app has always struck the delicate balance between technology and tradition. Every year, the Masters Digital team looks for opportunities to innovate and enhance the experience while preserving its simplicity, beauty and ease of use. It’s a complex and multifaceted challenge. That’s why for more than 25 years, the Masters has worked closely with IBM Consulting™ to guide their journey of digital transformation, from design and user interface to the back-end systems t

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Ivalua NOW EMEA 2023: Breaking new ground

Spend Matters

Categories: Conferences , Procurement Commentary , Procurement Strategy & Planning Tags: Conferences and Events This week Spend Matters attended Ivalua NOW EMEA at the prestigious Le Pavillon & Studio Gabriel event venue in Paris. Titled "Breaking new ground," this two-day event explored how businesses must radically shift their strategies to succeed in today's rapidly changing global economy and how technology can support them.

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How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

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.

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Walmart is Changing the Way Its Employees Get to Work

Supply Chain Brain

When the new Walmart campus opens, roughly half its employees will live within five miles of their work. The plan is for every employee to have easy access to bike parking, showers and lockers.

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Walmart lays off hundreds of workers at e-commerce facilities

Supply Chain Dive

The retail giant has expanded its infrastructure in recent years to keep up with Amazon, but online sales growth has slowed in recent months.

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Sean Wallingford settles in as president & CEO of Swisslog Americas

SCMR (Supply Chain Management Review)

Sean Wallingford, the new president & CEO of Swisslog Americas, believes the region is poised for growth as it looks to accelerate technological solutions.

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Terzo: Vendor Analysis — Contract analytics solution overview, roadmap, competitors, tech selection tips, analyst summary

Spend Matters

Categories: Contract Management , Procurement Systems & Architecture Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Terzo and its contract analytics solution. Terzo is designed to provide financial insights from contracts that more standard contract lifecycle management (CLM) and contract analytics tools neglect. Terzo is built with an underlying belief that legacy CLM solutions have a legal focus that, while useful, has made it difficult for non-legal end users to

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The Evolution of Control Towers to Command Centers

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.