Sat.Mar 05, 2022 - Fri.Mar 11, 2022

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Supply Chain- Ask an Expert with Dana von der Heide

All Things Supply Chain

Although the topics of diversity and gender equality are important every day of the year, International Women’s Day is a time to celebrate women’s achievements and to encourage female empowerment.

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Intelligent IBP – The Rise of Autonomous

Supply Chain Trend

Preview – Most IBP cycles around the world are based on a 20-year-old process definition supported by 20-year-old planning concepts. This traditional IBP is not set up for a fast-changing world, where speed of decision making confers a competitive advantage. Intelligent automation will change this. In a series of short blogs, I will discuss the transition of traditional IBP towards a more intelligent IBP.

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Trending Sources

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Business Benefits of Deploying Supplier Performance Dashboard

ProcurePort

Are you keen to improve your vendor supplier relationship but don’t know how? Supplier performance dashboards are the latest innovation when it comes to improving vendor monitoring and overall business performance. Tackling supply chain challenges in a digital world requires digital solutions. But before diving into the advantages of investing in dashboards, we need to […].

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What is a Blanket Purchase Order and How it Works

SCMDOJO

Blanket Purchase Order Definition. A blanket purchase order is a simple way for many buying and finance directors to streamline the procurement process and enhance operational efficiency. Simply said, blanket purchase orders allow procurement managers to take advantage of preset costs while also reducing responsibilities. A blanket purchase order, also defined as a standing purchase order, is a long-term agreement between a company and a supplier to offer items or services at a certain price ove

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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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Deliver Tangible Sustainability Improvements — Featuring Michelin

ivalua

The post Deliver Tangible Sustainability Improvements — Featuring Michelin appeared first on Ivalua.

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20 Supply Chain Job Interview Questions and Answers!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Minute Job Interview Tips for Success! Many of the most important, and in demand, jobs these days are in Supply Chain. Not only are these skills in high demand but the number of people with those extensive skills and experience is limited, making the effectiveness of the Supply Chain job interview more important than ever.

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Can a Label Shortage Bring Global Supply Chains to a Halt?

Supply Chain Brain

If retailers, manufacturers and transportation providers can’t get paper labels, the entire supply chain could quickly reach a crisis, and even grind to a halt.

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ESG/Sustainability On-Demand Demonstration

ivalua

The post ESG/Sustainability On-Demand Demonstration appeared first on Ivalua.

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Two Types of Procurement: Project Based and Operational!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! Procurement operations are the backbone of every company’s supply chain. Fundamental to procurement is the acquisition of goods and services from a party that’s further up the supply chain. However, there are two different types of procurement: project-based procurement and operational procurement.

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Procurement Software Trends to Keep Track Of in 2022

ProcurePort

As the world continues to grapple with COVID-19, procurement professionals are looking to find ways to continue creating value. It’s clear that businesses need more resilient supply chains to continue fulfilling business procurement needs. Managers need to make most of the budgets availed to them by investing in the right people, technology, and processes.

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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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Fuel-Price Hikes Hit Shippers, Truckers Across U.S. Economy

Supply Chain Brain

Soaring U.S. energy prices are hitting all modes of transport, squeezing smaller shipping lines amid already-volatile ocean rates, as well as truckers who have to contend with delays in clawing back higher costs.

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3 Key Steps to Increase Operational Efficiency in Procurement

Procurement Software

Let’s be honest. Most experienced Procurement Managers don’t enjoy performing administrative tasks and firefighting operational issues. And yet, poor operational efficiency in Procurement means that the typical Category Manager often spends at least a THIRD of their time performing “busy work” This is not an effective or efficient use of their time.

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Top Network Security Tips for Service Providers!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Best Free VPNs for the Google Chrome Browser! The online universe is a vast and potentially perilous place to do business. Its countless benefits and wonders are often offset by the rampancy of today’s cybercrime rates, for the unprepared at least. Learning how to protect your network to the best of your ability can benefit your customers and your brand immensely.

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The Network Effect 2: Key Concepts and Value of Network Effect

The Network Effect

The post The Network Effect 2: Key Concepts and Value of Network Effect appeared first on The Network Effect.

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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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'Supply Chain As a Service' Turns Empty Shelves to Extra Cash

Supply Chain Brain

Companies from Amazon to Cardinal Health are optimizing their capacity to create additional revenue.

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3 Key Steps to Increase Operational Efficiency in Procurement

Procurement Software

Let’s be honest. Most experienced Procurement Managers don’t enjoy performing administrative tasks and firefighting operational issues. And yet, poor operational efficiency in Procurement means that the typical Category Manager often spends at least a THIRD of their time performing “busy work” This is not an effective or efficient use of their time.

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6 PyCharm Tips for Machine Learning!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is Deep Learning? And What Does it Mean for Supply Chain? PyCharm is one of the most popular Python Integrated Development Environments (IDE). This is due to the many distinct and advantageous features of PyCharm, like its smart code editor with code completion capabilities.

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Understanding Contractual Terms and Avoiding Disputes

Procurement Express

Many contractual disputes between buyer and supplier arise from a lack of understanding of the contractual terms and obligations in a contract. This webinar identifies key contractual terms and discuss the mechanisms for preventing and resolving disputes. Within the business sphere, contractual disputes and disagreements are a relatively common occurrence.

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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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Watch: The State of the Warehouse and Industrial Real Estate Market

Supply Chain Brain

Alex Cohen, chief executive officer of Liberty SBF, reviews current trends in demand for warehouse and industrial space, and how owners are acquiring financing in difficult times.

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Digital Procurement: Convince your CFO to invest in software

Procurement Software

Not many people outside of our profession understand what is Procurement and what we do. Thus, it’s not surprising that investment into digital procurement tools has been behind tech investments into other departments over the past 20 years. So, how can deploying the latest technology in procurement management help the bottom line? Read on to understand how a medium-sized business that’s barely surviving can become a thriving organisation.

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Ultimate Checklist for Trade Show Exhibits!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How Successful Businesses Make the Most out of Trade Shows! Trade show exhibitions are an excellent opportunity to showcase a novel product, a new service, or a grand event. It can focus on specific industry or it can allow a mix of projects, inventions, and other amazing feature catalogs from different businesses.

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3 Tips to Minimize Your Risk in Supply

Procurement Express

Building positive relationships with your suppliers can make the procurement process smooth for your business in the long run. However, maintaining a good rapport with your suppliers Requires transparency through the supply chain, open lines of communication, and trust. We know that’s easier said than done, which is why we bring you three practical tips to help you minimize potential risks with suppliers.

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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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Watch: Elevating Women to Supply Chain Leadership

Supply Chain Brain

Meredith Singletary, senior director of HR with DHL Supply Chain, discusses what needs to be done to increase participation of women in leadership roles in supply chain and logistics.

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Are Spend Matters 50 To Know / Watch, ProcureTech 100 lists useful?

Procurement Software

I see lots of congratulatory posts on social media about various procurement technology companies that have made the Spend Matters 50 To Know, 50 To Watch and ProcureTech 100 lists. This is an annual occurrence. First of all, my congratulations to all of the procurement tech companies out there that have made those lists. I don’t detract from the hard work necessary to achieve recognition in the industry.

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Is Your Customer Screening Process Up to Standard?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How CRM Can Help Supply Chain Companies! Effectively screening customers is one of the first steps in ensuring that you can keep financial criminals out of your organization. Fortunately, there are plenty of modern know your customer (KYC) and customer due diligence (CDD) programs that are designed for the digital age.

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Procurement with purpose – How to make it happen

Positive Purchasing

In the second of two guest blogs on the subject, procurement gurus, Mark Perera, and Peter Smith, consider whether we are ready for procurement with purpose and what we need to do to get started. Why should we begin to consider procurement with purpose? Mark: Frankly, how our generation and the one before have run their lives, consumed goods and travelled hasn’t done the world much good.

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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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War in Ukraine Triggers Global Food Emergency

Supply Chain Brain

Russia’s invasion of Ukraine means the food inflation that’s been plaguing global consumers is now tipping into a full-blown crisis, potentially outstripping even the pandemic’s blow and pushing millions more into hunger.

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Cost Avoidance: The Invisible Procurement Performance Metric

Procurement Software

Like it or not, cost avoidance is a hard sell to most CFOs. Procurement organisations are still primarily measured on cost savings. Despite the movement towards a broader value-driven view of procurement excellence and how we contribute to the wider business (people, planet, profit), the reality is that even though there is a tacit, newly found appreciation that buyers deliver more than just bottom line savings, it often isn’t reflected in their annual objectives.

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PEPPOL – A global success story

Purchasing Insight

PEPPOL is an extraordinary success story. From fairly humble but ambitious beginnings it is exerting a significant influence globally and points the way to the future. The post PEPPOL – A global success story appeared first on Purchasing Insight.

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Strategic Supplier Innovation – Matt Zaleski from Procurence Meercat

The Procuretech Podcast

With the backdrop of inflation, supply chain shortages and now as I currently write this, a war being fought on European soil, supplier collaboration and supplier innovation are two topics that I think we can be sure will increase in priority. My guest to deep dive on this topic is Maciej (Matt) Zaleski of Procurence Meercat, a software platform for industrial manufacturing companies who have recently developed a supplier innovation module for their solution.

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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.