Sat.Feb 12, 2022 - Fri.Feb 18, 2022

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Why Supply Chain Managers And Maintenance Managers Need To Stay In Touch

All Things Supply Chain

A product’s life cycle goes through a long process from inception to delivery. There are many companies, people, and operations involved that make it possible.

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Invoice and Purchase Order Software for Small Businesses in 2022

ProcurePort

Making use of invoices and purchase orders software can save small businesses significant monetary costs that would otherwise have gone to hiring staff. Purchase order software makes it possible to generate purchase orders based on the purchase requisition. The purchase order gets sent electronically to an approved order. An automated invoice processing system equally reduces […].

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Can Blockchain Solve the Problem of Food Recalls?

Supply Chain Brain

Food-borne illnesses can be deadly. Yet when people hear about a food recall — even for something serious like E.coli — they usually determine whether or not they recently purchased that item and move on, not stopping to consider what the situation implies about the U.S. food supply chain.

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2022 Procurement Insights & Key Issues

ivalua

The post 2022 Procurement Insights & Key Issues appeared first on Ivalua.

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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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Is this the end of the just-in-time supply chain?

All Things Supply Chain

Developed by Toyota in the early 1970s and popularized by Dell in the 1990s, the just-in-time (JIT) supply chain methodology is used by many manufacturers across the world.

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Overcoming the Top 5 Procure-to-Pay Challenges

ProcurePort

What procure-to-pay challenges is your enterprise currently facing? Procure-to-pay (P2P) is the procurement process that begins with a requisition and ends with accounts payable. In between these two extremities are several steps procurement teams and vendors fulfill in order to complete the P2P cycle. As can be imagined there are numerous obstacles that are encountered […].

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Farm Fresh Flowers Delivery Tips!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Tips to Deliver Chocolate without Melting! Whether you want them for your own decorations or you want to gift someone, you don’t always have to drive or walk to a florist’s location to purchase flowers. These days, you can order your favorite blooms online and have them delivered to your preferred location on time for use.

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Towards stronger, better supplier relationships in 2022

Zycus Cognitive Procurement

In the world of Procurement, many things can be taken for granted. One such thing is your suppliers and their ability to provide as and when needed. Becoming complacent with these relationships is all too easy and costly. You not only miss out on opportunities but also risk major setbacks due to possible supplier disruptions. The first step to building a resilient supply chain is strengthening your relationships with suppliers.

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The Differences Between Invitation to Bid and Request for Proposal

ProcurePort

Construction contractors, large-scale manufacturers, and leading suppliers win contracts through competitive bidding. Clients can structure the bidding process in several ways, but the two most crucial methods of soliciting remain: sending a request for proposal RFP or a request for bid and extending an invitation to bid ITB. The RFP and ITB look similar, but […].

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When Globalization Meets Just-in-Time in the Medical Supply Chain

Supply Chain Brain

Michael Einhorn, chief executive of Dealmed, has been troubled for a good long while about the strategies commonly deployed when it comes to the supply chain for medical supplies.

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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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How Real Estate 3D Rendering Can Transform Marketing!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 3D Printing is Changing Global Supply Chains! Three-dimensional architectural visualization today enjoys a very high popularity in the circles of both developers and buyers. This is understandable, because when purchasing a home, who would not like to study it in detail even before the moment of entry!

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The eCare health project, funded by the European Commission, selects eight proposals for solutions to manage frailty in the elderly

Jaggaer

The post The eCare health project, funded by the European Commission, selects eight proposals for solutions to manage frailty in the elderly appeared first on JAGGAER.

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Technology Round-up – February 18, 2022

CPO Rising

CPO Rising’s Technology Round-Up Series returns today with fresh supply management technology news and updates covering a few major announcements from 2022. If you are a sourcing, procurement, or spend management solution provider and you are continually innovating the way that procurement and supply chain leaders and practitioners drive value, we’d love to hear from you. […].

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U.S.-Mexico Spat Threatens Avocado Shortage

Supply Chain Brain

The great avocado affair of 2022 began with a little-noticed weekend press release from Mexico’s Agriculture and Rural Development Ministry. The U.S. was shutting down imports of avocados from Mexico’s top producing region because one of its inspectors received a threatening phone call.

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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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How to Safely Ship Craft Beer!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How to Prevent Shipping Damage! (Infographic). Entrusting your beer to the American postal service can be a scary task. For one, you need to know how to pack your craft beer properly so it reaches its destination safely. For another, you have to research if you even can ship your craft beer inside the US or internationally.

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Autonomous Commerce Leader JAGGAER Announces Partnership with Payments-as-a-Service Fintech Finexio

Jaggaer

The post Autonomous Commerce Leader JAGGAER Announces Partnership with Payments-as-a-Service Fintech Finexio appeared first on JAGGAER.

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Acquisition, and Evolution of Spend Analytics – Arvid Fredin from Spendency

The Procuretech Podcast

Spend analytics is a pretty mature (and competitive) market. So, what does this hold for the future? No better person to ask than the former CEO of Spendency, Arvid Fredin. They were recently acquired by German source-to-pay technology company Onventis. Arvid stayed on post-acquisition and is now Managing Director of Onventis' operations for the UK and Nordic countries, and joins me on this week's episode.

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U.S. Factory Output Rises as Firms Navigate Supply Constraints

Supply Chain Brain

Production at U.S. factories rose modestly in January, suggesting manufacturers are gradually working through pandemic-related shortages of materials and labor that hobbled output in the prior month.

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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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6 Ways Managed Service Providers (MSPs) Benefit Manufacturing!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Avoiding these 6 Cybersecurity Tips Might Harm Your Business! As a company owner in the manufacturing industry, you certainly understand technology’s vital role in ensuring the smooth running of day-to-day operations. Businesses in the manufacturing industry are usually among the first to adopt any latest technology because this is essential for their processes.

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What is Autonomous Commerce?

Jaggaer

The post What is Autonomous Commerce? appeared first on JAGGAER.

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Procurement 2022: BIG Trends & Predictions Report – Available for a Limited Time

CPO Rising

ANNOUNCING: ARDENT PARTNERS’ PROCUREMENT 2022: BIG TRENDS & PREDICTIONS REPORT At the start of 2022, procurement’s long-term future remains bright, even if things look challenging in the near-term. The COVID-19 pandemic has cast a long shadow over business and society, and CPOs and their teams will have their work cut out for them if they […].

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Coping With the ‘New Normal’ for Supply Chain Due Diligence

Supply Chain Brain

Governments, investors and consumers are demanding increased visibility into every link of the supply chain, to ensure that corporate funds aren’t inadvertently supporting fundamentally unethical behavior.

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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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Should Self-Employed Crypto Miners Pay Themselves as Employees?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Understanding the Bitcoin Mining Process! In the cryptocurrency sector , paying or getting paid with virtual coins is the norm. While the benefits and advantages of paying with a decentralized currency are getting thinner, there are still reasons why the self-employed Crypto miners should pay themselves as employees.

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Why We Love AP Automation Services (And You Should, Too!)

Zycus Cognitive Procurement

Accounts Payable(AP) automation may be defined as the amalgamation of detailed complex process knowledge and advanced technology to automate and derive efficiency. According to a recent Hackett Report, the top performers are processing over 40,000 invoices per person per annum, whereas laggards are processing less than 10,000. With reduced cycle times, also comes the opportunity to earn early payment discounts.

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Procurement Rising Podcast – Ardent Partners’ CPO Spectacular

CPO Rising

Today, Episode 302 of the Procurement Rising Podcast. In this podcast series, I interview Chief Procurement Officers and Best-in-Class procurement leaders as well as technology and business experts working in procurement and supply management. Our goal is to find people who are passionate about procurement and have progressive ideas/views to share and interesting stories to tell.

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Watch: What's Driving Automation in the Warehouse Today?

Supply Chain Brain

Brian Reinhart, vice president-sales U.S. with Hai Robotics, details the major trends that are impelling distribution operations to embrace automation solutions.

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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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Create a Marketing Plan Using LinkedIn!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Content Marketing Strategy – The Decisive Guide! Observing the world today, we can notice that social media has taken off and become more and more popular both among the younger generations and the older ones. What has become very important is that Linkedln is becoming more and more popular among business people from year to year, that it has simply become an unavoidable question in a job interview whether you have a Li

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8 Signs You Need Accounts Payable (AP) Automation

Zycus Cognitive Procurement

AP evolution: The changing perception. After years of half-baked attempts, accounts payable departments are finally making transformation a top priority. Gone are those days when the AP department was considered a tactical back-office function where organizations thought of them as cost centers and saw no competitive advantage. Instead, the Accounts Payable (AP) department has become an integral part of any company that needs to be competitive in today’s business world.

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Episode 302: Ardent Partners’ CPO Spectacular

Procurement Rising

On today's episode, we highlight an engaging CPO panel discussion that I lead from our "CPO Spectacular" event from last November. The panel includes three Best-in-Class CPOs who discussed their experiences and insights from a hectic 2021, and then shared their plans for 2022. We hope you enjoy!

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U.S. Producer Prices Jump Higher Than Forecast

Supply Chain Brain

Prices paid to U.S. producers jumped in January by more than forecast, pointing to persistent inflationary pressures as companies contend with supply chain and labor constraints.

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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.