ProcurePort
SEPTEMBER 9, 2021
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 […].
SCMDOJO
SEPTEMBER 7, 2021
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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ivalua
SEPTEMBER 9, 2021
The post Delivering Step Change in Corporate Social Responsibility appeared first on Ivalua.
Supply Chain Brain
SEPTEMBER 9, 2021
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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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.
ProcurePort
SEPTEMBER 8, 2021
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, […].
Supply Chain Game Changer
SEPTEMBER 9, 2021
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.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Supply Chain Brain
SEPTEMBER 10, 2021
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.
ProcurePort
SEPTEMBER 7, 2021
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.
Supply Chain Game Changer
SEPTEMBER 10, 2021
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.
SupplyShift
SEPTEMBER 10, 2021
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.
Advertiser: GEP
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.
Supply Chain Brain
SEPTEMBER 6, 2021
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.
The Procuretech Podcast
SEPTEMBER 7, 2021
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.
Supply Chain Game Changer
SEPTEMBER 8, 2021
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.
SupplyShift
SEPTEMBER 10, 2021
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.
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
Supply Chain Brain
SEPTEMBER 8, 2021
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.
IBM Supply Chain Blog
SEPTEMBER 7, 2021
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
Supply Chain Game Changer
SEPTEMBER 7, 2021
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.
SupplyShift
SEPTEMBER 8, 2021
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
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.
Supply Chain Brain
SEPTEMBER 7, 2021
Since its inception, Integrated Business Planning (IBP) has exemplified the preeminent approach to managing a business, evolving from best practice to standard practice. But putting effective IBP into place isn’t always seamless. How do you know you’re getting the most out of IBP? Are you using the insights driven by IBP “roughly right” or “precisely wrong”?
The Good Spending
SEPTEMBER 5, 2021
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.
Supply Chain Game Changer
SEPTEMBER 6, 2021
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?
SupplyShift
SEPTEMBER 8, 2021
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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Supply Chain Brain
SEPTEMBER 6, 2021
The transportation sector is the single most significant contributor of greenhouse gas emissions in the U.S.
Jaggaer
SEPTEMBER 7, 2021
The post Italian Exhibition Group (IEG) Selects JAGGAER for eProcurement appeared first on JAGGAER.
Supply Chain Game Changer
SEPTEMBER 8, 2021
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.
SupplyShift
SEPTEMBER 10, 2021
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.
Advertiser: GEP
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.
Supply Chain Brain
SEPTEMBER 7, 2021
NuVizz, a transportation management SaaS platform, introduces Platform 2.0, which helps organizations address transportation routing and scheduling issues.
The Supplier Experience
SEPTEMBER 8, 2021
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.
Zycus Cognitive Procurement
SEPTEMBER 8, 2021
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.
Procurement Rising
SEPTEMBER 7, 2021
We kick off Season 2 of the Procurement Rising Podcast Series with globally renowned CPO, Bill Cooper. Bill retired earlier this summer after an illustrious career in procurement where he was most recently the Associate Vice President and Chief Procurement Officer for the entire University of California system. In our discussion Bill reflects back on his decades long career in procurement.
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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.
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