Sat.Jan 15, 2022 - Fri.Jan 21, 2022

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When is Direct Procurement Used?

ProcurePort

Direct procurement happens when an entity invites a sole entity to supply goods and services without being subjected to a competitive process. Both public and private institutions have procurement provisions requiring competitive bidding before awarding contracts to suppliers. However, there are situations where the direct procurement method is deemed fit.

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A Quick Guide to Building a Custom Transportation Management System

All Things Supply Chain

Summary: Transportation management solutions provide valuable features to organizations that manage their own logistics.

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Can a Self-Driving 40-Ton Truck Be Safe? Developers Say Yes

Supply Chain Brain

Shipping companies and software developers are experimenting with self-driving trucks as a way to solve a driver shortage worsened by the COVID-19 pandemic, drawing fire from safety advocates who call the technology a risk to motorists.

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Omnia Partners

ivalua

OMNIA Partners is the largest and most experienced organization in procurement and supply chain management. Covering both the private and public sectors, OMNIA Partners unites industry-leading buying power and world-class suppliers to offer an extensive portfolio?of sourcing solutions and partnerships. Through economies of scale, OMNIA Partners is able to deliver more contracts, in more verticals, with transparent, value-driven pricing.

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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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A Complete Guide to Direct Purchasing System

ProcurePort

Procurement teams rely on a multitude of frameworks to source and supply needed goods, services, and raw materials. A direct purchasing system (DPS) is a contemporary mode of procurement that has been adopted by numerous enterprises. Explained simply, a direct purchasing system is an automated system that vendors can access at any time. This ‘free […].

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Tips to convince your supplier to integrate your workflows

All Things Supply Chain

Many supply chain challenges can be overcome by working more closely with partner companies.

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Valantic

ivalua

valantic creates software and digital process solutions that enable customers to achieve strategic advantages over their competitors. We master the central challenges of digitalization with a uniquely flexible, elementary organizational structure and operational excellence. Visit valantic’s website. The post Valantic appeared first on Ivalua.

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Category Management Process in Procurement

ProcurePort

Category management is the process of pulling together similar products in a single category; and then addressing all the diverse initiatives of a single category as a whole. The initiatives captured in a particular category may include merchandising, procurement process, retail, and sales efforts. More precisely, category management bundles together items to avoid scattered, separate […].

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Supply Chain Weekly Wrap-Up 01/14/2021-01/20/2021

All Things Supply Chain

Cargo airlines warn of supply chain disruption due to 5G rollout in the U.S.

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LA Looters Raid Unattended Containers Amid Supply Chain Chaos

Supply Chain Brain

As many Americans worry about empty shelves and delayed packages, looters are taking advantage of the inflow of goods outside of the two southern California ports that are responsible for handling almost half of all U.S. imports.

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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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Procurement 2022: Big Trends and Predictions

ivalua

The post Procurement 2022: Big Trends and Predictions appeared first on Ivalua.

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7 Strategies to Improve Your Supply Chain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Supply Chain Renaissance Has Begun! Strategies to improve your Supply Chain article and permission to publish here provided by Claire Glassman. The supply chain is a significant part of your overall business strategy and inventory management. An effective and efficient supply chain can help your business improve customer satisfaction and money by minimizing wait times for in-demand products.

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What Is Contract Management in Procurement?

ContractSafe

What Is Contract Management in Procurement? Procurement teams are critical for any organization, and because they are responsible for contract management, they have a special place in our hearts here at ContractSafe.

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Five Ways Data Moves Through a Logistics Network

Supply Chain Brain

Data moves through supply chains in many different ways, each with their own advantages and disadvantages.

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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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The Top Procurement Trends of 2022 that you need to know

World of Procurement blog

Understanding your Supply Chain through Data As teams have become remote and the need to quickly get all of your Procurement documents in one place (ideally a secure cloud-based solution), the need to understand every part of your supply base has become more valuable than ever before Being remote means we need to get better at collating accurate and trustworthy data throughout the entire Procurement lifecycle, including pre-contract and post-contract signatures.

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How Vital Are Trade Shows For Your Business?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Offline Marketing in the Modern Age! Trade shows article and permission to publish here provided by Amelia Emma. It is recommended that every business owner with dreams of one day growing to be big enough to compete on the international level must attend a major trade show related to their line of business, at least once in their lifetime.

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The Category Management improvement plan

Future Purchasing

The application of category management is not something that arrives fully formed into our organisations but is a journey in the development of understanding and insights. This simple observation clarifies that to excel at cat man and extract the maximum benefit, we need an approach that develops our practice year on year. As this is unlikely to happen without some intervention, we need to plan for that development.

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Top Carmaker Shutdowns Hint More to Come in Covid-Zero China

Supply Chain Brain

China’s zero tolerance approach to Covid has idled Toyota Motor Corp. and Volkswagen AG factories — a troubling sign for global carmakers as the omicron variant begins to spread in the world’s biggest auto production hub.

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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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Making student-first buying decisions

Bonfire

Over the past two years, K-12 students across North America have had to transition back and forth between virtual and in-person learning. For many, ongoing disruptions to learning routines have had a negative impact on mental health and academic success. A recent survey conducted by EdWeek found that high schoolers are getting lower grades, procrastinating more, and feeling more distracted by anxiety than they were before the pandemic.

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Is AliExpress Safe? A Basic Guide for Importers!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Drop Shipping Teddy Bears! AliExpress article and permission to publish here provided by Dave Chadha. You may have heard of the e-commerce platform AliExpress. If you haven’t, Alibaba, which is owned by Jack Ma, is the parent company of AliExpress. The platform has risen enormously in recent years, and so has people’s skepticism, questioning the possible risks of buying from AliExpress.

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7 Best Practices for eCommerce Shipping

Orderhive

In this article, you will find seven eCommerce shipping solutions that you can implement to deliver the best shipping experience to your customers. The post 7 Best Practices for eCommerce Shipping appeared first on Cin7 Orderhive.

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The Future of Food Retail Is a Hybrid Approach to Shopping

Supply Chain Brain

From erecting cardboard cutouts designed to obscure produce shortages to jettisoning their usual discounts and promotions, grocers have turned to a range of solutions to get themselves through the global supply chain crisis.

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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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How Acada is improving Procurement productivity with Rich Sains

World of Procurement podcast

Rich Sains is the Founder of Acada , a Procurement Tech company that looks to remove the mundane admin based work and gives real time insights as to what teams are working on. The awesome part about this solution is that it doesn’t require loads of “admin” to input the data. It gives a central view to Procurement Leaders as to what their team is working on.

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2022 Logistics and Supply Chain Management Trends

EazyStock

The past few years have seen unprecedented supply chain challenges largely stemming from COVID-19 disruptions. As 2022 takes hold, many of the same challenges are present. Consequently, companies are becoming more focused on anticipating, reacting to, and planning for the unexpected through their supply chain strategies. In 2022, key supply chain management trends all lean towards building supply chain resilience.

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The Best Negotiation Book to Get You Started

Shapiro Negotiations Institute

As most master negotiators will tell you, negotiation is a process, rather than an endgame. However, it’s just as important to know that learning how to successfully negotiate is a process as well. So, what’s the benefit of these processes? Conflict is unsettling, and most of us try to avoid it whenever possible. However, conflict can happen anywhere, anytime—it is often driven more by what we feel than what we want or need.

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Watch: Micro-Fulfillment: A Solution to Last-Mile Delivery Obstacles?

Supply Chain Brain

Bill Catania, chief executive officer of OneRail, describes the need for, and benefits of, micro-fulfillment centers for ensuring efficient and reliable last-mile delivery.

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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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TK Elevator Standardizes Procurement Processes with JAGGAER

Jaggaer

The post TK Elevator Standardizes Procurement Processes with JAGGAER appeared first on JAGGAER.

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The Four Things That Will Determine The Future Of “The Great Resignation”

CPO Rising

By now, you’ve heard the phrases. “The Big Quit.” “The Great Resignation.” “The Great Reassessment.” Around these parts, we’ve typically referred to the massive, massive numbers of workers voluntarily leaving their jobs as a “talent revolution” unlike anything businesses have ever experienced before. Calling this a “revolution” rather than attributing the volatile labor market solely […].

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AI in Procurement: Opportunities and Watch-outs – Melissa Drew from IBM

The Procuretech Podcast

On this week’s episode I get to talk to a well-known industry expert and dive into a subject many of you may be confused and excited about in equal measure. Melissa Drew, Associate Partner at IBM is my guest to dive into the topic of use cases for AI in procurement applications. We tackle where we are, where we’re headed and what some of the opportunities and limitations could be for this technology in this space.

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LA Port Truckers Seek to Unionize in New Gig Work Showdown

Supply Chain Brain

Hundreds of truckers who haul goods at Southern California ports and railyards are petitioning to unionize, hoping to convince federal authorities they’re really employees and not contractors as their company claims.

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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.