Sat.Jun 20, 2020 - Fri.Jun 26, 2020

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Ivalua Launches Pre-Packaged Spend Management Solutions for Financial Services

ivalua

Best practice financial services procurement capabilities now available for rapid deployment. Redwood City, CA June 25, 2020 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced the availability of a pre-packaged suite of solutions for financial services. The new packages span the full source-to-pay process and enable financial services customers to become more agile with regulatory compliance and accelerate cost optimization to deliver further value to

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How Technology Can Make Supply Chains Resilient in a Post-Pandemic World

All Things Supply Chain

The need for real-time tracking, accurate and timely delivery systems makes supply chain management ripe for technological innovation.

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Contract Manager Responsibilities to the Procurement Team

ProcurePort

Each team member of the procurement department is going to have a specific role in the procurement process. Staffing the procurement team with informed individuals who are capable, knowledgeable, and take ownership of their roles within the department is important in building an effective, and efficient procurement team. Each individual involved in procurement should have […].

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Bringing It All Back Home – OTR TMS Supports Reversion to Regional Manufacturing

Supply Chain Collaborator

Will the trend toward a return to “regional manufacturing” boost volumes in over the road transportation in North America as manufacturers move away from Asian overseas operations? American manufacturers are adapting to significant modulation in the nature of their supply chains as market forces and current global events promote operating “closer to home”.

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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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Ivalua: Caring For Our Employees During This Unsettling Time

ivalua

Happy Friday! The last couple of months have been tough for everyone and have been filled with lots of worries for many of us. It has, however, also given us the time to reflect on many things. One thing in particular our team has been reflecting on is how great Ivalua has been in making sure we all as employees have been looked after and supported during these unprecedented times.

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Supply Chain Resilience – Four measures get supply chains into shape

All Things Supply Chain

The coronavirus pandemic has damaged many supply chains and, in some cases, even caused them to collapse altogether.

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Coronavirus Series – Inventory Management Challenges & Solutions

EazyStock

The Coronavirus pandemic has highlighted many weaknesses in supply chains across the globe. Common challenges include unpredictable customer behavior, unreliable inventory supplies, rising logistical costs and internal capacity constraints. It’s already apparent that those supply chain management (SCM) teams that can adapt their operations and respond quickly to these issues will be one step ahead of their competition.

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To Save the Supply Chain, Send in the Robotrucks

Supply Chain Brain

Automated vehicle technology could emerge a vital tool in global supply chains during the pandemic.

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Supply Chain Weekly Wrap-Up from 06/19/20 – 06/25/20

All Things Supply Chain

Warehouse Demand Surges as Retailers Reset Supply Chains Demand for U.S. warehouse space is rebounding as upheaval from the coronavirus pandemic pushes businesses to retool their supply chains.

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Ivalua Sourcing Datasheet

ivalua

The post Ivalua Sourcing Datasheet appeared first on Ivalua.

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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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Adapting Pharmaceutical Companies’ Distribution and Supply Networks

Jaggaer

Pharmaceutical companies have complex supply chains that are often not optimized to their full potential. Pharmaceutical materials must be closely monitored as they go through the pipeline, bringing a unique set of challenges. From source materials to distribution, the supply network must be carefully streamlined to produce the best results possible.

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Reshaping Supply Chain and Logistics for Resilience

Supply Chain Brain

Supply-chain and logistics providers should consider these four strategic actions.

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Sustainable Packaging is Here to Stay!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Supply Chain Carbon Footprint Reduction Strategy. Sustainable Packaging article and permission to publish here provided by Erich Lawson. Do you know what all big brands have in common? Eco-friendly packaging! Well-known brands all over the globe have made slight modifications to their packaging to cater to conscious and educated consumer needs.

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Procurement's Skills Needed for the Digital Age – Martin Smith from Talent Drive

The Procuretech Podcast

Although it may not seem that way as we emerge from Covid-19, the war for talent is just about to get real. The thing is, it's the war for the right talent. If you're in a fairly generic, operational procurement role then I HIGHLY recommend you listen to this episode and take ACTION before you find yourself in a role that's becoming obsolete, thanks to the unstoppable march of technology and automation.

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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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Medical Supply Industry Challenges & Solutions

EazyStock

It’s no secret that the medical industry is facing major challenges worldwide due to Coronavirus. Medical and healthcare workers are stretched thin and at risk of infection themselves. Money and resources are tight. From manufacturing all the way through the supply chain to user, medical supplies have particularly been affected in terms of both demand and availability.

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Ten Ways to Lower Your Manufacturing Costs

Supply Chain Brain

A good supplier continuously helps customers adapt product designs to manufacturing processes, while identifying associated cost drivers.

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This is Not a Supply Chain Storm to Weather!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chain Storm article and permission to publish here provided by Bryce Boothby. While most business cycles ebb and flow, two or three times in a generation we encounter an earth-shattering change that fundamentally reshapes the way we do business. We’re in the eye of the storm – and it’s not one to wait out.

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Claritum shortlisted for two global growth award categories

Claritum

Bath, UK (Jun 26, 2020) – Claritum, a provider of cloud based spend management solutions, today announced the company has been shortlisted for two awards for the Insider South West Global Growth Awards. “Insider’s South West Global Growth Awards celebrate the success of the region’s companies trading in overseas territories.” said Prof. Richard Hillum, Executive Chairman at Claritum.

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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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The Heart of Negotiation: A Conversation with Molly Fletcher

Jaggaer

Procurement experts know that making deals is a key part of the job. From agreeing on bulk pricing with a supplier to working out budget numbers with internal stakeholders, procurement teams are locked in a constant give and take. But negotiation doesn’t have to be a battle and learning the steps to success is simpler than you may think. JAGGAER was lucky enough to hear from entrepreneur, speaker, and ace negotiator Molly Fletcher at the REV2019 Global Procurement Forum.

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Five Ways Automated Lifecycle Management Can Shape Up Supply Chains

Supply Chain Brain

A contract lifecycle management system can help enterprises improve daily productivity and manage supplier risk amid the pandemic.

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How Technology Promises to Transform Farm and Food Industries

Supply Chain Brain

Elements of the agriculture and food industries that have been slow to adopt technology are feeling the most pain from the coronavirus pandemic.

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In Manufacturing, Data and Materials Are Just As Valuable

Supply Chain Brain

Fragmented data can quickly create serious issues and inefficiencies across your business.

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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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The Advantages of a Corporate Pallet Program

Supply Chain Brain

Professionally managed pallet programs yield cost savings, transparency and optimization now, while positioning pallet users for the future.

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Five Hurdles to Home Office Shipping — and How to Overcome Them

Supply Chain Brain

How do you roll out a company-wide solution that enables employees to mail and ship business materials safely, efficiently and cost-effectively from disparate locations?

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Three Ways to Challenge Competitors With Disruptive Technologies

Supply Chain Brain

Combined with new technologies, today's evolving economic and geopolitical circumstances are allowing "challenger" brands to take on long-established industry players.

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Why Office Supply Businesses Need EDI in the Cloud

Supply Chain Brain

The office supply industry faces an ever-present challenge to be financially competitive.

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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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What SMEs Need to Know About the USMCA in July

Supply Chain Brain

The U.S.-Mexico-Canada Agreement (USMCA) promises to be a bright light for many businesses struggling to find their path to recovery.

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