Sat.Sep 04, 2021 - Fri.Sep 10, 2021

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Top 16 Procurement KPIs – 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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The Four Technologies Shaping Next-Gen Supply Chains

Supply Chain Brain

What will supply chains look like in the year 2030?

professionals

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Delivering Step Change in Corporate Social Responsibility

ivalua

The post Delivering Step Change in Corporate Social Responsibility appeared first on Ivalua.

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3-Way Invoice Matching: What It is, How It Works, & Why You Should Use It

ProcurePort

The 3-way matching is the process of matching the purchase order, goods received, and invoice to validate the purchase details before issuing a payment. By matching these documents, three-way matching provides an efficient way for businesses to confirm and verify payment details before issuing payments to vendors and suppliers. Three-way matching emerged due to increasing […].

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GEP Spend Category Outlook Report 2025

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

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How to Pack Designed Décor Items for Moving!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 4 Ways Packaging Optimization Can Improve Business Processes! Designed décor items article and permission to publish here provided by Elise Parker. We spend a lot of time and money on home décor. Home décor items don’t only make your home beautiful, but they’re also pleasing to the eyes.

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Global Worker Shortage, Brexit Drive Up Food Prices

Supply Chain Brain

Across the world, a dearth of workers is shaking up food supply chains.

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Automated Invoice Processing: Eliminate Manual AP Tasks

ProcurePort

For a long time, businesses and organizations have depended on manual AP systems to process their invoices. However, with evolving business dynamics and with changing priorities, there’s a pressing need for enterprises to adopt invoice automation. If you’re still dependent on a manual system to process your vendor invoice, not only is your system obsolete, […].

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How to Boost Your E-Commerce Business!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. ECommerce SEO : How Online Stores Can Drive Organic Traffic! Boost your E-Commerce business article and permission to publish here provided by Zaklina at Click Intelligence. As more e-commerce businesses are established, the drive to be competitive and customer-oriented remains at the forefront of the e-commerce industry’s blueprint for success.

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Five Ways to Achieve a Greener Last Mile

Supply Chain Brain

The transportation sector is the single most significant contributor of greenhouse gas emissions in the U.S.

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How Suppliers Demonstrate Best Practices to Buyers

SupplyShift

According to Gartner’s Future of Supply Chain: Crisis Shapes the Profession report, 77% of companies say that they’re investing in deeper and more collaborative supplier relationships to build resilience. Since COVID-19, we’ve seen that companies want to partner with responsive, responsible suppliers who share their goals—especially relating to ESG.

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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What is Electronic Invoicing (e-invoicing)?

ProcurePort

Are you wondering what electronic invoicing (e-invoicing) is and how it can help your business? Keep reading, you’re in the right place. Electronic invoicing is one of the latest digital processes taking the procurement industry by storm. It’s an excellent way for sellers to invoice buyers without the additional hassles involved in manual invoicing.

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In Search of Procurement’s North Star!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! Procurement’s North Star article and permission to publish here provided by Sam Jenks. What exactly are you and your procurement team working towards? I don’t mean current contracts, products, projects, or initiatives. When asking, “What are you working towards”, I mean the big picture.

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Johnson’s Brexit First Strategy Collides With Empty Shop Shelves

Supply Chain Brain

Boris Johnson’s reluctance to turn to the European Union to ease a supply chain crisis that has seen shelves in supermarkets run empty has highlighted his government’s priority: Brexit first.

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How Remote Assessments Can Reduce Audit Costs

SupplyShift

Audits prove to be a heavy lift for many companies. Time is retracted from core operations due to suppliers juggling the task of repeatedly participating in them, which is a dragged-out process for all involved. Not to mention the cost. For companies, audits can be expensive, especially if they are your primary mechanism for understanding supplier business practices.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.

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Relocation reverberations: How pandemic moves have impacted demand and inventory management

IBM Supply Chain Blog

Many people have relocated over the last year, as closed offices and increased remote working options enable more flexible living arrangements. With a shift of population to new places, particularly from large urban city centers to other suburban areas, retailers may be struggling to position their inventory based on historical data trends. For instance, an area that previously may not have performed well, may be over-indexing simply because more people have moved to the area during the pandemic

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Exploring the Automotive Chip Shortage Supply Chain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chain Visibility Has Never Been More Important! I was in the market for a new vehicle recently. As I went from dealership to dealership researching potential vehicles that I would buy, I became aware of some very unusual circumstances, precipitated by an automotive chip shortage environment.

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Watch: The Driving Forces Behind Global Trade — Current and Future

Supply Chain Brain

Marc Gilbert, managing director of the Industrial Goods and Consumer Practices of Boston Consulting Group, reveals the findings of the firm’s latest report on global trade growth, and discusses the factors that will shape the future of trade.

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Supplier Engagement Best Practices – Key Takeaways From Our Webinar

SupplyShift

The need for supplier engagement has never been greater — an engaged supply chain drives impact and lays the foundation for businesses to collaborate with suppliers to address our most pressing sustainability issues. Yet today, supplier engagement efforts have been lacking. On September 2nd, we were joined by leaders from Anthesis Group , Anheuser-Busch InBev , and SCS Consulting Services to explore the “whys” and “hows” of supplier engagement, and discuss the challenges businesses are facing i

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The 2nd Generation of Innovation Management: A Survival Guide

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?

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Importance of Subjective KPIs in SRM – Lars Kuch from LeanLinking

The Procuretech Podcast

We're BACK! We kick off series 2 of The Procuretech Podcast with with a mini-series examining three different Supplier Relationship Management platforms. The first one we're taking a closer look at is Danish startup LeanLinking, and my guest on this week's show is their CEO, Lars Kuch Pedersen. Why supplier performance data can't just be measured in hard KPIs.

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The Impact of Technology on the Gaming Industry!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Augmented Reality (AR) is the Future of Supply Chain! Gaming industry article and permission to publish here provided by Hannah George. Technology is seeping into every aspect of the world and online gaming is no stranger to it. Have you noticed a sudden increase in user levels in the gaming industry?

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Intel Will Invest Up to $95 Billion in European Chip-Making

Supply Chain Brain

Intel is investing heavily in efforts to expand and reset global semiconductor supply chains.

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Supplier Engagement Best Practices – Key Takeaways From Our Webinar

SupplyShift

The need for supplier engagement has never been greater — an engaged supply chain drives impact and lays the foundation for businesses to collaborate with suppliers to address our most pressing sustainability issues. Yet today, supplier engagement efforts have been lacking. . On September 2nd, we were joined by leaders from Anthesis Group , Anheuser-Busch InBev , and SCS Consulting Services to explore the “whys” and “hows” of supplier engagement, and discuss the challenges businesses are facing

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GEP Outlook Report 2025

For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic

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Italian Exhibition Group (IEG) Selects JAGGAER for eProcurement

Jaggaer

The post Italian Exhibition Group (IEG) Selects JAGGAER for eProcurement appeared first on JAGGAER.

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Make Your Website Visible and Trustworthy!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Why Cyber Security is Important! Make your website visible article and permission to publish here provided by Ken Smith. Now, with the increasing competition in markets. Expanding and increasing the reach of your business has become an essential aspect of harnessing good results from it.

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No Hurricane Has Hit U.S. Energy Markets Quite Like Ida Has

Supply Chain Brain

Just over 20% of U.S. Gulf of Mexico oil and natural gas production is back online after Hurricane Ida battered southeast Louisiana, marking an even slower comeback than in the wake of Katrina.

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Agile Teams: Not Your Typical Working Groups

The Good Spending

Agile teams from the perspective of a small group theory Agile transformation of many businesses is ongoing, while many more queue up for the inevitable change of their culture and working practices. The building block of an agile organization is the self-organized empowered team of responsible and motivated individuals with diverse skillsets. Just as it happens with many other aspects of Agile, it is easy to just throw a statement that teams must be independent, flexible, and accountable.

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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

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How Suppliers Demonstrate Best Practices to Buyers

SupplyShift

According to Gartner’s Future of Supply Chain: Crisis Shapes the Profession report, 77% of companies say that they’re investing in deeper and more collaborative supplier relationships to build resilience. Since COVID-19, we’ve seen that companies want to partner with responsive, responsible suppliers who share their goals—especially relating to ESG.

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#10 | An Interview on Data sharing for Machine Learning and AI – Procurement Analytics with Dave Food

The Supplier Experience

An Interview on Data sharing for Machine Learning and AI – Procurement Analytics with Dave Food. For this episode of the Supplier Experience Live podcast from HICX, we welcomed Dave Food. Dave is Strategy Director at Prophetic Technology and Principal Lecturer at WMG, University of Warwick. His expertise is wide-ranging, from supply chain logistics, procurement analytics, and marketing through to innovation.

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Shipping Trade Groups Submit Plan for Global Carbon Tax

Supply Chain Brain

The International Chamber of Shipping, which represents more than 80% of the world’s merchant fleet, submitted a plan to the industry’s global regulator for a charge on carbon dioxide emitted by vessels.

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ACCOUNTS PAYABLE – A STRATEGIC BUSINESS VALUE DRIVER

Zycus Cognitive Procurement

Once while reviewing our all time favourite pizza making process, I chalked down the ingredients like flour, cheese, veggies and pepperoni, but the most important ingredient of all was patience in the process! Similarly, technology has become the chief ingredient across departments of an organization and is a vital parameter for an organization to build competitive advantage.

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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.