Sat.May 15, 2021 - Fri.May 21, 2021

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How to Implement a Vendor Reduction Strategy

All Things Supply Chain

As we all begin to rebuild from the coronavirus pandemic, many OEMs and CEMs are looking at their supply chains and how they can be streamlined or optimised to better…

Strategy 264
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What is a Supplier Catalog and What Purpose Does it Serve?

ProcurePort

What is a supplier catalog and what purpose does it serve? Catalogs, as we will see in the definition below, are resources that increase the efficiency of the procurement process. Sourcing teams are able to search quickly through a database for the particular items they require without needing to type out a host of purchase […]. The post What is a Supplier Catalog and What Purpose Does it Serve?

Suppliers 130
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How to Stay Agile as Regulation Looms: Outsourcing, PRA & the Role of Procurement

ivalua

It may be a controversial statement to make, but the value that a procurement team can deliver within a financial services organisation is lower than what can be delivered in other sectors. The third party spend of a financial services organisation, as shown by this diagram is significantly lower, when compared to other sectors such as manufacturing.

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IBM’s Sheri Hinish Joins Top Sustainability Leaders for Global Sustainable Supply Chain Summit

Supply Chain Queen

The GSSC summit is the largest virtual event to address sustainability topics for Supply Chains, and to celebrate both organizations and exceptional individuals that are leading the way to a more sustainable future, making an impact in their supply chain initiatives by going above and beyond the global challenges we face. Join us for. Read more. The post IBM’s Sheri Hinish Joins Top Sustainability Leaders for Global Sustainable Supply Chain Summit appeared first on SupplyChainQueen®.

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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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8 methods for making your warehouse more sustainable in 2021

All Things Supply Chain

Even before the pandemic happened, the warehousing industry was on fire.

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What is Supplier Management? Why and how is it Implemented?

ProcurePort

Any marketplace is going to be influenced by the dynamic that develops between buyers and suppliers. This is essentially economics 101, but it’s an important and powerful principle that applies to a wide variety of industries. In procurement, the practice of maintaining vendor relationships is known as supplier management. Supplier management is arguably one of […].

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Sheri Hinish Named Executive Mentor for Digital Supply Chain Institute 21:21 TrailBlazeHers Program

Supply Chain Queen

Are you looking for a mentor in supply chain? The Digital Supply Chain Institute has a new 21:21 Mentorship Program TralBlazeHERS that will accept 21 women seeking a career in supply chain operations.The 4-month program combines high-touch mentorship with training on emerging supply chain trends and professional development to help more women excel as supply.

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Supply Chain Weekly Wrap-Up 05/14/2021 – 05/20/2021

All Things Supply Chain

Bridge fracture and recent cyberattack have slowed freight movement and increased surcharges in U.S.

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What Are the Main Functions of E-Procurement Services?

ProcurePort

As the world continues to recover from the devastation of the COVID-19 pandemic, society as a whole is still very much on a path toward total technological integration. The past year in and of itself displayed just how much of the world, and how much of the economy, was prepared to launch into a new, […]. The post What Are the Main Functions of E-Procurement Services?

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Irly

ivalua

Irly provides consulting expertise to build the next generation of support functions. We help our clients shape and accomplish their digital transformation, unleash the value of their organization and pivot their business model to commercialize « as-a-service » solutions. We provide our expertise in digitalizing the procurement’ value chain to enable our clients create a competitive advantage by gaining agility, saving costs and monitoring properly their third party risk.

Risk 100
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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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IBM’s Sheri Hinish Joins SAP Digital to Discuss Sustainable Supply Chains

Supply Chain Queen

Sustainability is top of mind for companies today—and for good reason. It’s the business challenge of our lifetimes. Customers demand products and services that minimize negative impact. Employees are increasingly vocal about their employer’s environmental policies and actions. And government regulation is on the rise.In this third session of Women in Supply Chain Live, we’ll.

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Redwood Logistics Launches LPaaS, an Open Platform for Digital Logistics

Supply Chain Brain

Redwood Logistics, a logistics platform company headquartered in Chicago, has announced the introduction of a re-engineered suite of digital logistics services delivering a blend of logistics and technology capabilities.

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Road Freight Transport is a Growing Industry!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 3 Most Common Freight Forwarding Scams (and How to Avoid Them)! (Infographic). GET our EBOOK HERE. Road freight transport article and permission to publish here provided by Sophia Taylor. Road freight forwarding is the process of physically transporting cargo by road using different types of motor vehicles.

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Technology to Support your ESG Strategy Shift

ivalua

The post Technology to Support your ESG Strategy Shift appeared first on Ivalua.

Strategy 130
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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 AI is Changing the World of Contract Creation and Management

Jaggaer

The post How AI is Changing the World of Contract Creation and Management appeared first on JAGGAER.

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Watch: How the Cloud Enables Cutting-Edge Technologies

Supply Chain Brain

Erik Olson, North American supply chain lead with Accenture, explains how the cloud has made possible a slew of technological innovations for the supply chain, including analytics, artificial intelligence, machine learning and blockchain.

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Is Ethereum a Good Investment?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Different Types of Cryptocurrencies! GET our EBOOK HERE. Ethereum article and permission to publish here provided by Jean Nichols. As cryptocurrencies are rising at a tremendous level, people are getting confused between Ethereum and bitcoins. If you are also going through such confusion, then you should clear one doubt from your mind that it is not a cryptocurrency but a crypto-based platform.

Risk 89
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BVLGARI

ivalua

The post BVLGARI appeared first on Ivalua.

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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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World Class Manufacturing – Session 3

Sourcing and Supply Chain

World Class Manufacturing – Session 3. World Class Manufacturing (WCM) is the philosophy of being the best, the fastest, and the lowest cost producer of a product or service. It implies the constant improvement of products, processes, and services to remain an industry leader and provide the best choice for customers, regardless of where they are in the process.

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Gartner Announces Its Top 25 Supply Chains of 2021

Supply Chain Brain

Gartner Inc. has released the results from its annual global Supply Chain Top 25, identifying supply chain leaders and highlighting their best practices.

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Different Types of Forging Techniques!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How to Compare Metal Fabricators! Get Our EBOOK HERE. Forging article and permission to publish here provided by Eada Hudes. Forging refers to the process of shaping metal using localized and compressive forces. Forging relates to a staple metal fabrication technique, and the same has been in fashion for a long time.

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Sailing on OKR Ocean: Do not be afraid to tack!

Solvoyo

At the end of 2019, we decided to implement OKRs at our company. . At the end of 2020, we started to change the way we set and manage OKRs. So, what went wrong? . In OKR limbo, nothing! Implementing an effective OKR process that has a company-wide buy-in and allows our entire organization to align towards our goals is an OKR by itself. . Failing to achieve that on your first try is not necessarily a bad thing. .

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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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Why Sustainable Supply Chains?

SupplyShift

In light of an increasingly strained global ecosystem, corporations, governments, and environmental scientists have revamped the drive for sustainability, honing in on the benefits of eco-friendly manufacturing, product design, and logistics. The supply chain has been a growing area of focus for the sustainability conversation. According to McKinsey , supply chain impacts account for more than 80% of greenhouse gas emissions and more than 90% of the impact on air, biodiversity, land, water, and

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Could Slowing the Transition to EVs Benefit Supply Chains?

Supply Chain Brain

The auto industry's reliance on lithium-ion batteries as the current and future standard for electric vehicles isn't necessarily the best strategy.

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What is Android Fragmentation?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Android App Automation Testing Tools! Android fragmentation article and permission to publish here provided by Jean Nichols. In the most basic form, Android Fragmentation relates to the idea that there is a large range of Android OS models usable and operating in the modern world.

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Claritum is a proud finalist in the Bath Life Awards

Claritum

Bath, UK (May 21st, 2021) – Claritum, a provider of cloud based spend management solutions, today announced that Claritum has been recognised by Bath Life Awards as an innovative company in the cloud technology space. "We are proud to gain recognition as a local growing company." said Prof. Richard Hillum, Executive Chairman at Claritum. "Claritum continues to innovate and assist our customers in process optimisation.".

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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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Why Sustainable Supply Chains?

SupplyShift

In light of an increasingly strained global ecosystem, corporations, governments, and environmental scientists have revamped the drive for sustainability, honing in on the benefits of eco-friendly manufacturing, product design, and logistics. The supply chain has been a growing area of focus for the sustainability conversation. According to McKinsey , supply chain impacts account for more than 80% of greenhouse gas emissions and more than 90% of the impact on air, biodiversity, land, water, and

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Arrive Logistics Announces Payment Partnership, Launches Online Freight Portal

Supply Chain Brain

Arrive Logistics, a freight brokerage company, announced their partnership with TriumphPay as well as the launch of an online freight portal called Carrier EDGE.

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The Nature Positive Supply Chain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Ocean Plastics Environmental Crisis! There is a lot of information floating around in the media about the environment, climate change, sustainability, pollution, nature preservation and more. It cannot be understated how important these topics are to our present and to our future.

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The Right Supplier for the Right Contract in Public Procurement

Jaggaer

The post The Right Supplier for the Right Contract in Public Procurement appeared first on JAGGAER.

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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.