Sat.Jun 26, 2021 - Fri.Jul 02, 2021

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Supplier Diversity: From Checking the Box to Driving Business Strategy

ivalua

Part I: Building Business Cases and Driving Momentum. Supplier diversity programs are something many procurement professionals in the United States (U.S.) have accepted as a key element of procurement. These programs are as familiar to procurement professionals as concepts like spend analysis or category management. This mainstream awareness is directly attributable to the U.S.

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What is a Supplier Portal?

ProcurePort

Is there a cost-effective way to effectively manage a supplier database? Procurement teams are always on the hunt for resources that allow them to streamline the vendor management process. That’s why in the world of e-Procurement, one tool that is exceedingly appreciated is the supplier portal. This extremely useful system simplifies supplier management allowing for […].

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How Transparency Will Elevate the Post-Pandemic Food Supply Chain

Supply Chain Brain

There’s an opportunity to improve food supply chain logistics and planning with a future-proofing mindset. No element requires more consideration and investment in this regard than transparency.

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Understanding the Shipping Container Shortage!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Fireworks Supply Chain! Shipping container shortage article and permission to publish here provided by Sam White at Argentus. Over the past 15 months, we’ve been writing on the Argentus blog about the immense impacts that the COVID-19 pandemic has had on global supply chains – particularly, as you might expect of a recruitment firm, from the perspective of talent and skills.

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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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Ivalua Completes the Source-to-Pay Journey with Embedded Global Supplier Payments

ivalua

Enabling rapid, cost-effective and transparent supplier payments anywhere in the world. Redwood City, CA, June 30, 2021 – Ivalua, a global leader in Cloud Spend Management solutions, announces an extension of its source-to-pay platform with a new payments solution to digitize and streamline global supplier payments. Today’s supplier payments remain complex and crucially lack transparency and efficiency that strain supplier relationships, increase transactional costs and cause frustration for all

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How to Improve Strategic Sourcing with Category Management

ProcurePort

The strategies and tactics that procurement professionals develop and choose to implement often affect one another. This is because there are certain tactics that pair well together, and when done correctly, each is elevated by the presence of the other. Constructing a strategy out of complimentary tactics, then, is a good way to optimize value […].

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What are White Glove Services? All You Need to Know!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Omnichannel Customer Service Best Practices! White glove services article and permission to publish here provided by Christian Cabaluna. The growth of the eCommerce industry redefined the whole meaning of customer satisfaction. A product’s quality and price no longer define how much value a good has.

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Almost Two Thirds of European Suppliers Say Late Payments Put Them at Financial Risk

ivalua

Financial impact of COVID-19 has delayed payments and kept focus on cost, but research shows this is adversely affecting supplier relationships and access to innovation. London, UK – 29 th June 2021 – Research from Ivalua , a leading global spend management cloud provider , has revealed almost two thirds (65%) of suppliers feel late payments are putting their company at financial risk.

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The Ultimate Guide for AI in Procurement

ProcurePort

Artificial intelligence always has been, is still, and possibly always will be a very hot topic. From theory to practicality, to cinematic wonder, and otherworldly possibility – artificial intelligence has been the focal point for a lot of great minds across fields and industries, for a long while. Today, though, AI is more heavily practiced […].

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Oregon Businesses to Collaborate on Supply Chain Transparency Initiative

Supply Chain Brain

A group of Oregon companies, business associations, and academic institutions today announced the formation of the Oregon Transparency Initiative (OTI), a public-private collaboration created to boost the transparency of Oregon’s supply chains.

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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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How AI and Machine Learning are Shaping the Legal Industry

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How AI, Machine Learning and Automation Will Impact Business! Legal industry article and permission to publish here provided by Jais Frank. With unprecedented and uncontrolled advancements in technology grasping the professional sector, everyone’s concerned about the changes it would bring in the daily operations and the careers of those whose jobs will get substituted with technology.

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How A Global Technology Consulting Leader Digitized Government Compliant Systems

ivalua

The post How A Global Technology Consulting Leader Digitized Government Compliant Systems appeared first on Ivalua.

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A Guide to the Benefits of a Bill of Materials (BOM)

EazyStock

What is a Bill of Materials (BOM)? In its simplest form, a bill of materials (BOM) is a list of components, parts or materials required to manufacture, assemble or repair a product. A BOM is often hierarchical, with the finished product at the top and sub-items below. In inventory management a BOM is critical to ensure the correct quantities of each item are procured and available at the right time to prevent delays along the supply chain.

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Watch: How Private Companies Are Responding to the Global Crisis

Supply Chain Brain

Brian Umbenhauer, leader for consulting with Deloitte Private, reveals the findings of the firm’s latest survey of private companies and their approach to managing global supply chains in a crisis.

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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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Why Satellite Solutions are a Game Changer for the Maritime Industry!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Cyber Security: The Weakest Link is Your Biggest Risk! Satellite solutions article and permission to publish here provided by Chiyako Ikeda. For all those in the shipping industry, satellite solutions can significantly assist in all areas of coordination. No matter what sector of the merchant shipping industry you are a part of – dry cargo to tankers, container shipping to smaller coastal tonnage or specialised units – satcom

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Why (carbon) net zero starts in procurement- Insights from Ikea

ivalua

The post Why (carbon) net zero starts in procurement- Insights from Ikea appeared first on Ivalua.

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Bill of Materials and Wholesale Distribution: How do they fit?

EazyStock

What is a Bill of Materials (BOM)? A bill of materials , as known as BOM or Bill of Material, is similar to a recipe in that it contains a list of components required to build a certain product. It also details the process of building assemblies and sub-assemblies towards the completion of the product. Furthermore, it describes the individual parts required at each stage and where they are in their production and procurement cycle.

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E-Commerce Aggregators Are Spurring a New Kind of Gold Rush

Supply Chain Brain

Investors are pouring billions into successful global marketplace sellers and businesses, providing back-end resources to expand internationally.

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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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4 Ways Packaging Optimization Can Improve Business Processes!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Sustainable Packaging! (Infographic). Packaging optimization article and permission to publish here provided by Mariana Wilona. If there is any stage that can affect the supply chain process, it is the packaging. Shipping companies and fulfillment centers package products to guarantee protection and ensure the end-user receives them in good condition.

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Accounts Payable Metrics That Matter

ivalua

The post Accounts Payable Metrics That Matter appeared first on Ivalua.

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Bringing supplier events to life with Supplier Day

World of Procurement podcast

If you’ve ever tried to run an event, to get your Suppliers in a room to share a vision, a requirement and to breed innovation and collaboration - it can be a nightmare. It requires not just a logistical masterclass but you need to be clear on why you want the Suppliers there, why it’s a good use of their time and what outcomes you want from the event.

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Ryder Last Mile Delivery with White Glove Service

Supply Chain Brain

Whether you’re shipping furniture, appliances, electronics, or any other non-conveyable items, the in-home delivery of your products represents a very personal touchpoint for consumers.

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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 Trucking Companies Make Money!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 4 Unique Services Offered By Trucking Companies! Trucking companies article and permission to publish here provided by Saaed Darwish. What is it about trucking that’s stood the test of time? Most people will agree that trucking was likely among the most important factors in the industrialization of our societies.

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Ivalua Payments Datasheet

ivalua

The post Ivalua Payments Datasheet appeared first on Ivalua.

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10 Quotes to Help You Meet the Challenge of Challenging Times

Superior Business Solutions

10 Quotes from Inspirational CEO’s, Leaders & Historical Figures to Keep You Going Strong! Simple fact: we’ve all been through a lot, and so have our businesses. And, though it may not seem like the time to celebrate, I think we can take a little pride that we’ve begun to come through to the other […]. The post 10 Quotes to Help You Meet the Challenge of Challenging Times first appeared on Superior Business Solutions.

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2021 Manufacturing Trends: Using Technology to Overcome Adversity

Supply Chain Brain

Our third annual trends report offers a picture of the latest challenges and opportunities in the manufacturing industry. As before, our intent is to unlock insights that manufacturing companies can use to better prepare for the year ahead.

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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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Our 2021 Top 10 List!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Get Our EBOOK HERE. In the middle of our 5th year here at Supply Chain Game Changer we are proud to publish our 2021 Top 10 List. Here we are showcasing our 10 most popular articles for the first half of the year. Since we’ve started we have amassed an extensive library of over 750 articles.

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Transportation Datasheet

ivalua

The post Transportation Datasheet appeared first on Ivalua.

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Human-Centric Design: A Gift to Stakeholders in the Procurement Process

Jaggaer

The post Human-Centric Design: A Gift to Stakeholders in the Procurement Process appeared first on JAGGAER.

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Truck Drivers and Container Chassis: The Peak Season Shortages to Expect

Supply Chain Brain

Supply chain managers need to understand where the vulnerabilities are, and what to expect in a peak season that’s poised to bring about increased pressure for shippers and carriers in terms of labor, capacity, transparency and supply.

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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.