Sat.Jul 03, 2021 - Fri.Jul 09, 2021

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3 Supplier Management Strategies That Drive Results

ProcurePort

Do you need a new supplier strategy? Are you tired of so-called ‘best supplier strategies’ that don’t seem to work? We’re going to let you in on a little secret. You don’t need 100 supplier management strategies to get the job done. No, you just need the right approach and procedures, and we daresay the […]. The post 3 Supplier Management Strategies That Drive Results appeared first on ProcurePort Blog.

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Driving Supply Chain Resilience with Rolls Royce and Ivalua

ivalua

If you missed our webinar that highlighted the story of Rolls-Royce ’s success overcoming the supply chain challenges during COVID-19, you can still access the full recording and learn more about how they worked to create more resilience and efficiency by modernizing and digitizing their supply chain using Ivalua tools. . The past 18 months has shined a light on the criticality of an effective supply chain and procurement management.

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A Selfish Plan to Save the World with Transparency + Freedom in Supply Chains with Justin Dillion, CEO of FRDM

Supply Chain Queen

Freedom. We all want it, even in our supply chains to unlock visibility and truth. People often have a will to fix problems tied to transparency and traceability but don’t know how. Slavery affects over 40 million people and another 85 million children under the age of 11 work in hazardous labor conditions. Yet despite. Read more. The post A Selfish Plan to Save the World with Transparency + Freedom in Supply Chains with Justin Dillion, CEO of FRDM appeared first on SupplyChainQueen®.

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The Meaning of Data Fabrics — and How They Benefit Supply Chains

Supply Chain Brain

Traditional data management systems worked well when supply chain professionals had more time to adapt, and the enterprise data landscape was more uniform, structured and simple. But the world is different now.

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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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5 Critical Supply Chain Risk Mitigation Principles for Sourcing

ProcurePort

Are you thinking of developing a new sourcing risk management plan? Wondering how to better mitigate supply chain risk when sourcing? Or just keen to explore some of the best risk management practices Chief Procurement Officers (CPOs) can adopt? Keep reading, that’s what we’re going to talk about in this blog. You see, risk management […]. The post 5 Critical Supply Chain Risk Mitigation Principles for Sourcing appeared first on ProcurePort Blog.

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Integrating ERP with TMS and WMS in Logistics!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Why don’t you have a TMS (Transportation Management System) Solution yet? Integrating ERP article and permission to publish here provided by Ihor at FiduciaSoft. An ERP (Enterprise Resource Planning) system is the central element of almost every business today. Sometimes referred to as the “Accounting ERP”, these systems are necessary and often even mandated by law, no matter how large or small the business is.

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Watch: Impact of the Western U.S. Megadrought on Food Supply Chains

Supply Chain Brain

Phil Renaud, executive director of The Risk Institute in the Fisher College of Business at The Ohio State University, discusses how the persistent drought in the western U.S. is forcing food supply chains to rethink their sourcing strategies, as well as pursue longer-term initiatives for coping with the effects of climate change.

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Supplier Management Process: What It Is and How to Excel at It

ProcurePort

There are two sides to every coin, and opposite the buyer is the supplier; one truly cannot exist without the other. From a business standpoint, this is the purpose of a well-developed procurement program. Procurement departments have the ability to nurture and establish relationships with a variety of vendors to meet the organization’s needs at […].

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Amazon Supply Chain Strategies!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Competing against Amazon? You Need A Blue Ocean Strategy! Get Our EBOOK HERE. Amazon Supply Chain strategies article and permission to publish here provided by Jae Jun. Amazon offers sellers fulfillment options. One is FBA and the other is FBM. As a growing seller, you may already know what fulfillment options work best for you.

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Why Supplier Financial Risk Will Persist in the New Normal

Jaggaer

The post Why Supplier Financial Risk Will Persist in the New Normal appeared first on JAGGAER.

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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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Watch: The U.S. Postal Service’s 10-Year Plan: Will It Work?

Supply Chain Brain

John Haber, founder and chief executive officer of Spend Management Experts, dissects the U.S. Postal Service’s 10-year plan for reviving operations and reaching profitability.

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Is THIS How Fed Ex Serves Their Promo Clients?      

Superior Business Solutions

Sure, Things Happen. But Have They Bitten Off More Than They Can Ship? I came across an interesting article about one of our new competitors in the promotional products industry. And I call them competitors with tongue in cheek. FedEx recently announced plans to try to become your supplier of promotional products, too. But apparently, […]. The post Is THIS How Fed Ex Serves Their Promo Clients?

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5 Ways to Invest in Silver!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 8 of the Best Cryptocurrencies for Investing! Invest in silver article and permission to publish here provided by Suvendu Mohapatra. Silver has been used as a store of value and medium of exchange for millennia. But storing physical silver at home isn’t always the most convenient or cost-effective.

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Logistics – Tech Conference

Sourcing and Supply Chain

logistics-tech conference. Logistics is not merely the movement of goods and arranging resources for business, but it’s a most strategic function in the Supply Chain. It requires the attention of the top management and the fuel of technology to gear up to the next level. In view of the same, the Internet and Mobile Association of India (IAMAI) brings the first edition of the Logistics- Tech Conference.

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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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Shipping Chaos Kills 1,800 Cows, Fueling Calls for Animal Ban

Supply Chain Brain

The pandemic has worsened conditions for the roughly 2 billion cows, sheep, goats, pigs and chickens that are exported each year, and epidemiologists have joined the calls for reform.

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Advancing Diversity, Equity, and Inclusion in Your Supply Chain

SupplyShift

The 2020 triad of health, economic, and racial justice crises has accelerated corporate thinking about diversity, equity, and inclusion (DEI). Today, whether through internal hiring initiatives, philanthropy, or community engagement, most major companies are engaged in diversity in some capacity. But only a handful of businesses are looking at the supply chain as another opportunity to advance diversity.

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PDF Management: Optimizer Organizer and Security Tools!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Protect Your Files With the Right Online PDF Tool! PDF Management article and permission to publish here provided by Joe Johnston. Portable Document Format or PDF has been one of the most-used file formats in today’s modern era when it comes to saving digital documents. Since almost all people are using computers and electronic devices, there’s no doubt why the usage of electronic files are continuously rising since then and

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Invest in This Print Powerhouse To Increase Sales    

Superior Business Solutions

The New “Old School” Way to School Your Competition It wasn’t too long ago that I felt the need to post, more than once, that print marketing wasn’t “dead” as those with a digital bias were fond of claiming. Fortunately, those days are gone. Today, people are realizing the limitations of a digital-only strategy, along […]. The post Invest in This Print Powerhouse To Increase Sales first appeared on Superior Business Solutions.

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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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Supply Chain Transformation With a Human Touch

Supply Chain Brain

Businesses need to look to their people and processes in tandem with innovative technologies to lead to real supply chain transformation.

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How Can I Improve My Forecast Accuracy?

Supply Chain Action Blog

Imagine. Imagine that Amanda (a completely imaginary person) is a demand planner at Kool Komfort Foods ( a completely imaginary company , also branded as K2), a nationwide producer of healthy comfort foods. She got her bachelor’s in Mechanical Engineering about five years ago. After a short stint in manufacturing process engineering in another industry, she got interested in the business side of things and moved into supply chain planning, starting in demand planning.

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5 Outdoor Advertising Strategies!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Importance of Investing in Professional Marketing Services! Outdoor advertising strategies article and permission to publish here provided by Nikki Gabriel. Outdoor advertising refers to any ads that are seen outside the consumer’s home. It typically includes things like billboards, posters, and other signage, but there are many ways to get a message across in the public sphere.

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Advancing Diversity, Equity, and Inclusion in Your Supply Chain

SupplyShift

The 2020 triad of health, economic, and racial justice crises has accelerated corporate thinking about diversity, equity, and inclusion (DEI). Today, whether through internal hiring initiatives, philanthropy, or community engagement, most major companies are engaged in diversity in some capacity. But only a handful of businesses are looking at the supply chain as another opportunity to advance diversity.

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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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Pay Up to Stay Home Is One Company’s Approach to Remote Work

Supply Chain Brain

Disco Corp., a Japanese maker of semiconductor equipment, has a novel approach to remote work — those who choose to stay home pay the colleagues who brave the commute to show up in the office.

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Procurement Innovation: A Three-Year Vision

Jaggaer

The post Procurement Innovation: A Three-Year Vision appeared first on JAGGAER.

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What You Need to Know About Electronic Logging Devices (ELDs)!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What are the Top 7 Trends in Last Mile Logistics? Electronic logging devices article and permission to publish here provided by Bailey Merton. Managing a fleet of trucks is not a simple job. It is essential for fleet owners to ensure that their vehicles are in excellent condition, the staff is well-behaved, and the delivery of services happens as expected.

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Scandinavian Tobacco Group Goes Live with Ivalua’s Platform to Accelerate Procurement Digital Transformation

ivalua

System will improve the experience for employees and suppliers while supporting sustainable growth in shareholder value. Massy, France 05 July , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that Scandinavian Tobacco Group (STG) has selected and implemented its platform as the foundation for its procurement digital transformation.

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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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Watch: Auto Supply Chains in the Age of the Electric Vehicle

Supply Chain Brain

Rick Kozole, senior leader of automotive and industrials with Alvarez & Marsal, discusses how automotive supply chains must change their sourcing and production strategies as they transition to the making of electric vehicles.

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Mass Ransomware Hack Used IT Software Flaws, Researchers Say

Supply Chain Brain

New findings differentiate the latest mass ransomware attack — which affected more than 1,000 businesses — from other recent assaults on the software supply chain.

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Four Risks Most Supply Chains Face, and Six Ways to Manage Them

Supply Chain Brain

There’s a wide variety of risks that international supply chains face. Here’s a look at what — and how — companies are managing today.

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Interos Releases Upgraded AI-powered Operational-Resilience Platform

Supply Chain Brain

Interos, an operational resilience company, has announced enhancements to its AI-powered platform to deliver visibility into the extended supply chains of global organizations.

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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.