Sat.Aug 28, 2021 - Fri.Sep 03, 2021

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5 Reasons to Automate Invoice Processing

ProcurePort

What are the associated benefits of automated invoice processing? With the increasing adoption of technology in procurement, many Chief Procurement Officers (CPOs), accounts payable teams, and suppliers are turning to electronic invoicing as a viable solution to the issue of invoicing in a digital era. Digital transformation is taking center stage as procurement teams look […].

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One Stuck Box of Fertilizer Shows the Global Supply Chain Crisis

Supply Chain Brain

Somewhere in the world’s busiest port of Shanghai, a container of fertilizer sits among tens of thousands of boxes, waiting for a ride to the U.S. It’s been on the dock for months, trapped by typhoons and Covid outbreaks that have worsened major congestion in the global supply-chain network.

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Procurement in the Fast Lane: Key Metrics for the CPO’s Dashboard

ivalua

The post Procurement in the Fast Lane: Key Metrics for the CPO’s Dashboard appeared first on Ivalua.

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ECommerce SEO : How Online Stores Can Drive Organic Traffic!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Reasons to Invest in Excellent Customer Service for Your Online Store. ECommerce SEO article and permission to publish here provided by Ela Marie. ECommerce has seen a staggering growth in 2021. But what should be attributed to this growth? Few bets on pandemics, others say it’s technology, but if you take our perspective, it’s completely – the Internet.

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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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The Future of Procurement Process in Pharma Industry

ProcurePort

Procurement is long overdue for a major upgrade in many pharmaceutical companies. The Covid-19 pandemic extends a unique opportunity and poses an urgent need of ensuring that the procurement process in the pharma industry can optimize risks and maximize costs more efficiently. Companies need an effectively sustained and self-funded transformation technique to achieve step-up changes […].

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Protecting the Paths to an Organization’s Data

Supply Chain Brain

While the introduction of modern technology is a sign of needed progress, businesses shouldn’t overlook the potential security risks that come with all of this innovation.

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Thesis Ideas for Supply Chain Students!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chain Education and Certification – What’s Missing? Get Our EBOOK HERE. As students go back to school many of them are entering the final year of their University or College program. Many of these programs require the completion of a thesis or major project of some sort, intended to be an overarching project drawing on all of the knowledge that the students have acquired to that point to put it into applica

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What is a Contract Repository and How is it Used?

ProcurePort

A modern contract repository is software used to organize an organization’s legal agreements with third parties. It acts as a single source of truth about contracts the company has with suppliers and other third parties. Traditionally, such agreements would be held in a file cabinet and, more recently, in such things as spreadsheets. However, these […].

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How to Get Started with Supply Chain Risk Management

Supply Chain Brain

Risk is everywhere. Adverse events can and will happen at any time, and when events hit your supply chain, disruption and financial, operational, and reputational damage are not far behind. .

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Procurement Compliance 101: Everything You’ll Ever Need to Know

Jaggaer

The post Procurement Compliance 101: Everything You’ll Ever Need to Know 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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Manage Your E-Commerce Store With No Inventory!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Drop Shipping Teddy Bears! Manage your E-Commerce store article and permission to publish here provided by Claire Glassman. A successful new business model has come to the forefront, and it doesn’t require you to have an inventory. E-commerce stores are now trendy, and their online sales are projected to make up to 18.1% of global retail sales.

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Top 16 Procurement KPI – The Ultimate Guide

SCMDOJO

Nowadays, no one could deny that, businesses today expect procurement teams to drive value beyond cost savings. As a consequence, procurement leaders are constantly looking for ways in order to enhance their procurement process and make it more sustainable. However, they don’t want to form any decisions without the proper data. And so, they track an array of metrics such as KPIs.

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U.S. Port Problems Reach Worst of Pandemic Amid Crush of Imports

Supply Chain Brain

The number of ships waiting to enter the biggest U.S. gateway for trade with Asia reached the highest since the pandemic began, exacerbating delays for companies trying to replenish inventories during one of the busiest times of the year for seaborne freight.

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Supply Chain Law: JAGGAER Customers Are Ready to Fulfill Their Duties of Due Diligence

Jaggaer

The post Supply Chain Law: JAGGAER Customers Are Ready to Fulfill Their Duties of Due Diligence appeared first on JAGGAER.

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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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It’s a Candidate’s Market in Supply Chain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Minute Job Interview Tips for Success! Candidate’s market article and permission to publish here provided by Sam White at Argentus. When the COVID-19 pandemic began, hiring slowed to a crawl. Companies were forced to adapt to a radically different working environment on the fly – changing to remote work, navigating a host of supply chain disruptions , working to secure PPE for front-line workers, among many other imme

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Yaz? Ba?l???

Solvoyo

Yaz?n?n özeti listemele k?sm?nda ç?kacak içerik. The post Yaz? Ba?l??? appeared first on Solvoyo.

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Watch: Are We Facing Another Shortage of PPE?

Supply Chain Brain

Michael Einhorn, chief executive officer of medical supplier DealMed, explains how the healthcare purchasing system frustrates attempts to diversify sourcing of personal protective equipment and head off future shortages in times of emergency.

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8 PITFALLS TO AVOID WHILE IMPLEMENTING PROCUREMENT TECHNOLOGY

Zycus Cognitive Procurement

The success of any transformation project like most major IT projects depends on how well it is implemented. While the software evaluation often involves multiple rounds of demos, workshops, proof of concept pilots etc., the implementation process is relegated to a check-box afterthought during the evaluation process. “A McKinsey and University of Oxford research suggests that on average, large IT projects run 45% over budget and 7% over time, while delivering 56% less value than predicted.

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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 Australia is Dealing with Packaging and Waste!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. ECommerce Overpackaging is an Absolute Disgrace! Australia dealing with packaging and waste article and permission to publish here provided by Jake Noah. Many businesses are taking active steps to manage waste, including in their choice of protective packaging and packaging supplies.

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Watch: What’s Top of Mind for Global Supply Chains Today?

Supply Chain Brain

Michael Taylor, partner for international trade with the law firm of King & Spalding LLP, discusses the major factors that are influencing the decision of American manufacturers on whether to shift production from Asia back to the U.S.

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Odyssey Introduces Cloverleaf Sustainability Program

Supply Chain Brain

Odyssey Logistics & Technology Corporation, a global logistics solutions provider, announced the launch of its Odyssey Cloverleaf Program, leveraging business intelligence tools to advance to a carbon-neutral world.

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Five Factors Driving the Labor Shortage, and Their Near-Term Fixes

Supply Chain Brain

The COVID-19 pandemic didn't cause the labor shortage, but it certainly amplified the tightened labor market and accelerated the future state of work, particularly for blue-collar workers.

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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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Fiberglass Shortage Disrupts Summer for Surfers, Boaters

Supply Chain Brain

The glittery, lightweight material goes into so many common outdoor products that it’s hard to imagine summertime without it. The supply-chain snarls show how broader forces in international trade, supply and demand have rippled through industries in the past year, leading to higher prices and slowing commerce.

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Global Supply Squeeze, Delta Virus Rip Through Factories

Supply Chain Brain

Orders at factories are piling up as companies around the world struggle to meet demand amid a damaging mixture of the coronavirus and widespread bottlenecks in supply chains.

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How to Digitize, Optimize, and Automate Complex Automotive & Industrial Supply Chains

Supply Chain Brain

Given the global nature of today’s supply networks, multi-tier visibility, planning and execution has become very complex. To manage today’s complexities, current systems are forcing functional groups to resolve problems with outdated processes and approaches.

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Design Group: Strong Through the Pandemic

Supply Chain Brain

Companies that implemented supply chain management software prior to the Corona crisis, benefited immensely from the optimized, digital processes during these turbulent times. One of these companies was IG Design Group.

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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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How One Covid Case Upended Toyota’s Just-in-Time Supply Chain

Supply Chain Brain

The snarls that finally toppled one of the world’s best-maintained supply chains have sparked deeper questions about whether the auto industry’s strategies to prioritize efficiency and maintain minimal inventory will endure in the post-pandemic world.

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The Secret to Better Supply Chain Security

Supply Chain Brain

A security incident has immediate costs, but it can also have future financial consequences, affecting your revenue, insurance premiums and client relationships. .

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Ida Tests America’s Grain Export Infrastructure

Supply Chain Brain

American grain exporters are gauging whether it’s worth waiting out shipping delays in the wake of Hurricane Ida or shipping grain using rail transport to lesser used elevators throughout the U.S.

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Watch: Are Chief Supply Chain Officers ‘Future-Ready’?

Supply Chain Brain

A discussion about what it means to build a “future-ready” supply chain, with Manish Sharma, group chief executive officer of operations, and Kris Timmermans, head of the Supply Chain & Operations Practice, with Accenture.

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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.