Warehousing solutions for handling sudden high demand in eCommerce
All Things Supply Chain
AUGUST 10, 2020
If you’re going to have a problem in your eCommerce business, a sudden spike in demand is about the best one to have.
Sat.Aug 08, 2020 - Fri.Aug 14, 2020
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5 Best Practice Effectively Roll-out Digital Procurement Software
ivalua
AUGUST 11, 2020
Anyone who has been through a Procurement software implementation will know, it’s not always simple. Having been at Ivalua for many years I thought I’d share my perspective. Here are a few points which I hope demonstrate my knowledge of the Procurement process and show my understanding of how the Procurement function needs to operate to be successful.
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How Contract Management Software is Changing the Game
ProcurePort
AUGUST 13, 2020
Contract management software (CMS) is revolutionizing the way sourcing and procurement teams do business. Gone are the days of tedious paper-based contracts. Technology has changed how contracts are signed, negotiated, and renewed. ProcurePort has one of the best contract management software on the market: a cloud-based option that’s secure, easy-to-use, and offers customizable contract templates. […].
Technology Support in Integrated Business Planning: Automation, Augmentation and Human Centricity
Supply Chain Trend
AUGUST 13, 2020
Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software. In this article, Niels argues that these technological advances can lead to either (a) planning-process and decision automation or (b) planning and decision augmentation.
Load Optimization: A Sustainable Way To Reduce Transportation Costs
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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.
How to Choose Eco-Conscious Suppliers
Supply Chain Brain
AUGUST 10, 2020
Many companies today are guilty of “greenwashing” or “green sheen” — marketing themselves as green while merely going through the motions.
Report: Achieving Resilience in the Manufacturing Supply Chain
ivalua
AUGUST 13, 2020
The post Report: Achieving Resilience in the Manufacturing Supply Chain appeared first on Ivalua.
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
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The Vital Role Played by Transport in Supply Chain
Supply Chain Game Changer
AUGUST 14, 2020
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Truck Drivers are a Vital Part of the Supply Chain! Vital role article and permission to publish here provided by Amy Fletcher. “Shippers, carriers, wholesale vendors, and others in the supply chain are concerned about the performance of the freight logistics system because highway, rail, and port operations affect their costs and profits,” state experts in the report Measuring the Transportation System from a Supply Chain Pe
A Transport Tech Company Brings Manufacturing Back to the U.S.
Supply Chain Brain
AUGUST 10, 2020
In the wake of the coronavirus pandemic and rising overseas production costs, many American companies are thinking about returning at least some manufacturing to the United States. But XStream Trucking Inc. has wasted no time in doing just that.
Procurement 2020: Key Metrics for the New Decade
ivalua
AUGUST 11, 2020
The post Procurement 2020: Key Metrics for the New Decade appeared first on Ivalua.
Pandemics, Trade Wars and Warehousing 1: Achieving Agility and Efficiency in an Era of Uncertainty
The Network Effect
AUGUST 11, 2020
The post Pandemics, Trade Wars and Warehousing 1: Achieving Agility and Efficiency in an Era of Uncertainty appeared first on The Network Effect.
Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations
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.
What is a Bill of Entry (BOE)?
Supply Chain Game Changer
AUGUST 12, 2020
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How to Be a Successful Importer! (Infographic). Bill of Entry article and permission to publish here provided by Prajakta Pingulkar. Do you know what is a Bill of Entry? A Bill of Entry, also known as BOE, is a statutory document registered by the custom clearance agents or merchants (such as importers) during or before the arrival of imported shipments.
How Customer-Centric Supply Chains Can Fuel Growth
Supply Chain Brain
AUGUST 12, 2020
Just 10% of companies are investing in their supply chains to meet evolving customer experience demands, according to a recent survey.
How Sourcing has Reemerged in a Covid-19 World
Jaggaer
AUGUST 12, 2020
For the first three months after Covid-19 hit, virtually every sourcing project , in every sector , was put on hold while companies tried to assess the situation and how best to deal with the epidemic. Only a few, notably grocery stores, food chains, essential retail ers , and healthcare, were in a position to push forward. Sourcing was in chaos and a topic that concerned many customers was that they were pushing back transportation tenders – and especially any planned mega ̵
Automating Tail Spend Sourcing – Kevin Frechette from Fairmarkit
The Procuretech Podcast
AUGUST 12, 2020
Tail spend is a huge, untapped opportunity that you're probably not exploiting to its full potential. If you're following the 80/20 rule, then managing the tail isn't going to be a key priority when it comes to resource allocation. Meaning a lot of opportunity goes to waste. Especially if headcount is being cut and procurement teams are having to deal with bigger workloads.
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
Supply Chain Weekly Wrap-Up 08/07/20 – 08/13/20
All Things Supply Chain
AUGUST 14, 2020
Walmart and Instacart partner for same-day U.S. delivery Walmart has partnered with Instacart to offer same-day delivery starting in a few U.S. market.
Virus Update: Tankers Waiting for Weeks off China Ports, Companies Step Up Distribution Automation
Supply Chain Brain
AUGUST 12, 2020
The latest supply-chain news and insights on the novel coronavirus and global response to the outbreak.
Is Covid-19 the Death of Global Supply Chains?
Supply Chain Game Changer
AUGUST 13, 2020
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Parallel Supply Chain … A Twilight Zone Strategy? Death of Global Supply Chains article and permission to publish here provided by Sam Jenks at kodiakrating.com. Globalization has dominated as a widely practiced business strategy during the past 15–20 years. Enter COVID19 stage left, and the world as we know it has suddenly shrunken.
Shocks to Supply Chains Can Erase a Year’s Profit, McKinsey Says
Supply Chain Brain
AUGUST 10, 2020
Companies risk losing more than 40% of annual profit once a decade in a world threatened by trade wars, cyberattacks, pandemics and climate change, according to McKinsey & Co.
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.
Four Approaches to Manufacturing Spurred by COVID-19
Supply Chain Brain
AUGUST 12, 2020
As the COVID-19 pandemic took hold around the world, it delivered a shock to the system that tested manufacturers’ ability to adapt to change.
Supply-Chain Risk Grows as Weary Crews Halt Ships and Clog Ports
Supply Chain Brain
AUGUST 8, 2020
A new risk to global supply chains is emerging as exhausted seafarers stuck offshore for months halt work, a breaking point caused by restrictions on crew changes amid coronavirus precautions.
Announcing the Global Women Supply Chain Leaders Awards 2020
Supply Chain Brain
AUGUST 11, 2020
Global Women Supply Chain Leaders (GWSCL) Awards 2020 is the first global initiative to honour and shine the spotlight on the dedication, passion and incredible success stories of women within the supply chain industry – cross-domain and from around the world.
#1 Pre-Peak Must Read — How AMRs deliver real-time solutions to real-life situations
Supply Chain Brain
AUGUST 11, 2020
As technology advances, so fulfillment processes are evolving. But the path to success lies in staying ahead of the curve and implementing the solutions that make a difference. This eBook describes how today's fulfillment leaders use supply chain robots to overcome challenges generated by ever-changing consumer trends. You'll learn how: Companies maintain throughput during peak periods at a minimal operational cost with Robots-as-a-Service.
The Ultimate Guide to Transportation and Load Building Optimization
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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.
Combatting the Complexity of E-Commerce Fulfillment
Supply Chain Brain
AUGUST 10, 2020
Supply chains are transforming into “supply networks,” and omnichannel fulfillment is increasing the complexity.
Watch: How Freight Spend Reveals the State of the Economy
Supply Chain Brain
AUGUST 11, 2020
Bobby Holland, vice president and director of freight data solutions with U.S. Bank, discusses the results of the firm's latest quarterly Freight Payment Index, what it means for truckers, and how it mirrors trends in the economy as a whole.
Pandemic Reshoring: Five Things to Consider Before Making a Move
Supply Chain Brain
AUGUST 8, 2020
An appetite for reshoring and onshoring may be growing due to the coronavirus pandemic, with more than two-thirds of North American manufacturers looking to bring production back home.
Control and Compliance Deliver $4.2 Million in Savings
Supply Chain Brain
AUGUST 13, 2020
Challenge: An auto parts manufacturer and distributor experienced steady growth, but decentralized processes and decision-making across 15 facilities made it difficult to monitor less-than-truckload (LTL) and parcel transportation. Poor visibility of weekly transactions slowed error response and impaired avoidance of recurring costs.
How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software
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.
Moving EDI to the Cloud: Why and How. A Step-By-Step Guide.
Supply Chain Brain
AUGUST 12, 2020
To maintain business continuity is to be in control when things get out of hand. Of course, no company has authority over the outside world, thus it cannot prevent events such as economic crises from happening. What any company can do, however, is to prepare itself for such occurrences. By automating its core business processes, optimizing the work of its employees, and protecting sensitive data effectively, the company can stay in control of its operations, making sure that it will continue to
Who Should Own Inventory Risk?
Supply Chain Brain
AUGUST 13, 2020
It's time to fundamentally change the way we think of inventory — and the tools we use for managing it.
Fixing COVID-19’s Food Disaster Could Also Slash Climate Emissions
Supply Chain Brain
AUGUST 13, 2020
The pandemic has cut greenhouse gases in some key ways, as people are flying and driving less. But food waste accounts for one reason why the drops likely won’t fall as low as hoped.
How Demand Management Enables Supply Chain and Financial Resiliency
Supply Chain Brain
AUGUST 11, 2020
The shock-resistant, resilient supply chain — demand management enables supply chain and financial resilience. “Black swan” events highlight the need to transform traditional supply chain methods. Supply chain leaders are particularly under pressure to collaborate across the organization to build an agile and shock-resistant supply chain.
The Evolution of Control Towers to Command Centers
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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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