Sat.Jun 06, 2020 - Fri.Jun 12, 2020

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Autonomous vehicles in logistics part 2: Current developments

All Things Supply Chain

Flying cars have not been invented yet, which, if it were for “Back to the Future”, they would have appeared in 2015.

Logistics 237
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What is a Source to Pay Process? Your Procurement Guide

ProcurePort

A source to pay process, or S2P, is a more comprehensive and robust version of a procure-to-pay process. While procure-to-pay processes usually begin with identifying internal needs and submitting departmental requisitions, the source to pay process takes this a step further and adds a higher-level element into the procurement operation. Rather than beginning with departmental […].

Sourcing 179
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Be Prepared: Improving Supplier Risk Management In Your Business

ivalua

The Covid-19 pandemic has exposed the fact that many supply chains remain inadequately prepared for a crisis. It’s no excuse to remain passive, though. Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. A reliable supply chain can decrease purchasing and production costs for manufacturers and sellers.

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U.S. Exporters Complain of Being 'Blanked' by Ocean Carriers

Supply Chain Brain

As if the global economic downturn weren’t bad enough, U.S. exporters are confronted by a raft of vessel cancellations that hinder their ability to fulfill what overseas sales they’re still able to make.

Export 108
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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 5G? And What Does it Mean for Supply Chain?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is the Digital Supply Chain? There was a time not that long ago when there were no cell phones or smart phones. Now they are literally billions of smartphones and cell phones. This doesn’t even include the number of desktops, laptops, tablets, and all other internet enabled electronic devices.

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2020 Challenges and Solutions for HVAC Distributors

EazyStock

Market Trends for the HVAC Industry. The HVAC industry is unforgiving to distributors who are not on top of their game. HVAC has a constantly growing market – especially a growing global market as emerging economies ramp up construction and additional end-users emerge (such as data centers who need to keep their machines cool and ventilated). Plus HVAC equipment is also being adopted more and more by consumers due to technological innovations and climate change driving both affordability and dem

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To 'Future Proof' Your Supply Chain, Answer These Four Questions

Supply Chain Brain

Faith in existing enterprise systems, protocols and technology has been severely tested during the course of the COVID-19 pandemic. How should we adapt?

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What if Your Supplier Had a Yelp Review?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is Supplier Relationship Management (SRM)? Yelp article and permission to publish here provided by Sam Jenks at kodiakrating.com. Has your friend, or partner, ever looked at you and said, “Let’s go out to eat!”? (Side Note: we’re talking about pre- or post- COVID 19 of course).

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Conducting Effective Procurement Spend Analysis in the Current Environment

Jaggaer

With the current global economic circumstances, it should come as no surprise that businesses across all industries are looking for real time solutions to aid their procurement process by identifying cost reduction and spend management opportunities as a priority. The pandemic has not only created a need for a shift in business process, but it has caused budgetary constraints in many segments of the economy as many countries see themselves in lockdown.

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The emerging shape of recovery

SupplyShift

The economic impacts of the COVID-19 coronavirus were swift. As countries around the globe responded with shutdowns, demand for some goods and services plummeted and skyrocketed for others. Businesses scrambled to understand and mitigate their risks , which stretched from the point of service delivery to disruptions deep within supply chains. Now it appears the initial response phase is coming to an end.

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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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The End of Single-Source Supply Chains

Supply Chain Brain

In a post-COVID-19 world, no smart company can rely solely on China for its manufacturing.

Sourcing 134
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Why Solids Control is a Game Changer for the Oil Industry!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Solids Control article and permission to publish here provided by Skyler Malley at diamondtservices.com. Waste is inevitable in any activity of construction, but there is not necessarily an issue so much with waste as there is with how it is dealt with. Technology has been instrumental in helping avoid waste in the oil industry, and that technology is solids control.

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Integrated Assortment Planning: A Vital Capability for Retailers

Solvoyo

In today’s changing market dynamics, the retail business is getting more competitive by the day. Increasing competition by online marketplaces, along with evolving consumer expectations and shopping patterns are making the category management decisions more complex. As customers’ options increase, so do their expectations. Category management and merchandise planning are at the core of retailing.

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The emerging shape of recovery

SupplyShift

The economic impacts of the COVID-19 coronavirus were swift. As countries around the globe responded with shutdowns, demand for some goods and services plummeted and skyrocketed for others. Businesses scrambled to understand and mitigate their risks , which stretched from the point of service delivery to disruptions deep within supply chains. Now it appears the initial response phase is coming to an end.

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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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How Smart Contracts Speed Up Demand Sensing and Fulfillment

Supply Chain Brain

As consumer demand and buying patterns rapidly undergo changes in a digital economy, the supply chain that supports these emerging needs has to be both responsive and lean — and that’s a difficult balance to achieve.

Demand 68
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Does Access Matting Hurt the Environment?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Access matting article and permission to publish here provided by Skyler Malley at diamondtservices.com. Access matting is a process of using mats to create a barrier between the earth and a job site. Often access matting is used during oil drilling or other large construction projects.

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Integrated Assortment Planning: A Vital Capability for Retailers

Solvoyo

In today’s changing market dynamics, the retail business is getting more competitive by the day. Increasing competition by online marketplaces, along with evolving consumer expectations and shopping patterns are making the category management decisions more complex. As customers’ options increase, so do their expectations. Category management and merchandise planning are at the core of retailing.

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Navigating COVID-19: Mid-term Procurement Strategies for a Managing the Crisis

Jaggaer

As the COVID-19 virus begins to subside in many parts of the world, supply chains are stabilizing. Some remain unpredictable, but many companies are trying to navigate the reopening process. Once they’ve taken immediate action , how can organizations ensure stability moving forward? What mid-term steps can they take to minimize their risk and maximize value?

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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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How AI Is Changing Perishable Food Forecasting

Supply Chain Brain

Accurate forecasting is essential for upstream supply-chain planning and execution — and reducing food and financial waste.

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Ensuring Digital Transformation Succeeds – Karthik Rama is the Procurement Doctor

The Procuretech Podcast

We've often spoken about different software solutions and certain, specific areas of the Procurement flight deck which can be automated or digitised. Here, we're taking a step back and looking more holistically at dissecting a project from the conception, right the way through to after installation and commissioning has been completed and managing the performance of the vendor throughout the duration of the contract.

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Assortment Planning: A Vital Capability for Retaining Sector Competitiveness

Solvoyo

In today’s changing dynamics, industries and businesses are getting more competitive by the day. Retailing is no exception. In fact, the retailing sector is getting even more complex since consumers’ expectations are evolving and the shopping patterns are constantly changing. As customers’ options increase, so do their expectations. The decisions around category management can no longer be supported by manual analysis based on broad assumptions and averages.

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Supply Chain Weekly Wrap-Up: 06/05/20 – 06/11/20

All Things Supply Chain

Ocean shipping shrinks as pandemic pummels retailers Some shipping lines, whose retail customers are being severely affected by the coronavirus pandemic, are reducing sailing speeds and taking longer routes around…

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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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No Fly Zone: How the Aerospace Industry Is Handling COVID-19

Supply Chain Brain

With more than 95% of airplanes still grounded around the world, aerospace and defense leaders must reconsider supply-chain resiliency — and how to withstand unpredictable crises.

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Spotlighting Import/Export Professionals!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Common Mistakes in Importing and Exporting! (Infographic). Import/Export article and permission to publish here provided by Sam White at argentus.com. Customs experts are an often unsung, but important, part of strategic Logistics operations. Here’s the lowdown on what companies should be looking for when hiring import/export professionals, and what the talent picture looks like on the ground.

Export 54
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Repairing Broken Supply Chains After COVID-19

Supply Chain Brain

So you thought your supply chain was prepared for disruption?

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Three Things to Consider When Employees Work From Home

Supply Chain Brain

The landscape of the workforce is inevitably changing, and so must employers and employees if they want to stay relevant.

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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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Rethinking Your Supply Chain? Start With the Warehouse

Supply Chain Brain

Modernizing operations is a requirement for maximum productivity and happy customers — and automated solutions are a good place to start.

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Russia Plans to Overhaul the Northern Sea Route. Here's a Brief Overview.

Supply Chain Brain

The Northern Sea Route has been deemed a potential alternative to routes crossing the Suez or Panama canals, potentially cutting distances up to 45%.

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Three Indicators to Inform Freight Decisions During a Crisis

Supply Chain Brain

What we learned from the last recession can help companies survive the current shipping landscape.

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COVID-19 Has Revealed Fatal Flaws in the U.S. Drug Supply Chain

Supply Chain Brain

The U.S. is seeing dangerous effects from an over-reliance on offshore manufacturers.

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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.