Artificial intelligence for sales and procurement planning: fundamental success criteria
All Things Supply Chain
OCTOBER 12, 2020
I am often asked whether Artificial Intelligence can help to achieve better sales forecasts and procurement planning.
Sat.Oct 10, 2020 - Fri.Oct 16, 2020
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Enhancing Your Team’s E-Auction Bidding Strategy
ProcurePort
OCTOBER 12, 2020
In today’s world, time is money. Companies are looking for ways to effectively manage costs during procurement while also getting value. Undoubtedly one of the most time-consuming and laborious processes for many had been the extended negotiations companies had with each vendor. With the advent of technology and procurement software with inbuilt e-auction functionality, the […].
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How TMS Supports Contactless Supply Chain Initiatives
Supply Chain Collaborator
OCTOBER 14, 2020
Like most transformative innovations in supply chain automation, the end state – in this case, a completely touchless supply chain – is an aspirational goal. And while technology is already being leveraged toward achieving the goal of contactless supply chain, it is an incremental process. Here’s what TMS technologies companies like UltraShipTMS are already delivering and how these incremental steps bring us closer to the ideal.
Building a Supply Chain That's Ready for Anything
Supply Chain Brain
OCTOBER 13, 2020
Traditional supply-chain strategies that prioritized efficiency and razor-thin margins over agility won’t work anymore. Brands must now prioritize resilience.
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.
Report: 82% of Supply Chain managers frustrated with AI systems used during COVID-19
All Things Supply Chain
OCTOBER 14, 2020
A new finding from Cambridge-based Artificial Intelligence Start-up and Decisions company, Secondmind, has found that 82% of supply chain managers (86% in the UK) have been left frustrated by the…
Top Considerations in Credit Card Consolidation
Supply Chain Game Changer
OCTOBER 10, 2020
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. GET our EBOOK HERE. Credit card consolidation article and permission to publish here provided by William Rovetto. You’ve seen a lot of mixed messaging if you’ve been reading up on credit card consolidation as a way to get your debt under control. Some sources say consolidation is absolutely the way to go.
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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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Watch: Advice for Supply-Chain Planners in 2020
Supply Chain Brain
OCTOBER 13, 2020
David Barton, general manager for North America with ToolsGroup, describes the ways in which various industries are approaching the challenge of planning for demand in an environment of extreme uncertainty.
PROCUREMENT ROLES IN CAPEX MANAGEMENT
World of Procurement blog
OCTOBER 13, 2020
An article written by, Ratri Loudes. When we speak about Capital Expenditures or commonly called CAPEX in an organization, generally speaking, they are managed either by a Project Manager or their future users (the concerned department of the organization). Relating to the involvement of buyers in CAPEX management it can depend on the degree of procurement culture in an organization.
How to Maintain a Photocopier!
Supply Chain Game Changer
OCTOBER 10, 2020
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. GET our EBOOK HERE. How to Maintain a Photocopier article and permission to publish here provided by Daniel Calvin at number1officemachines.com.au. A photocopier is an indispensable piece of machinery. It’s one of the most essential pieces of equipment in any office. The importance of a photocopier in the daily operations and the invested money on it mandate that it is maintained in top form.
Procurement Analytics – The Power of Good Design
Jaggaer
OCTOBER 13, 2020
Procurement is often a company’s biggest cost item so the difference between mediocre procurement analytics and outstanding will have a huge impact on your bottom line; it will largely come down to good design. The word design is often something that we associate with aesthetics, but it applies equally to all aspects of technology solutions. Even though advanced procurement analytics have been around for a long-time, few companies are satisfied with the return on their investment.
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.
The Vaccine Cargo Cavalry Prepares for Historic Airlift
Supply Chain Brain
OCTOBER 15, 2020
The medical industry’s dash to produce the world’s first coronavirus vaccines in just a few months is heightening the urgency for the workhorses of global trade to be ready for the historic charge to defeat the disease.
Prescriptive Analytics: A Conversation with Joe Bellini
The Network Effect
OCTOBER 16, 2020
The post Prescriptive Analytics: A Conversation with Joe Bellini appeared first on The Network Effect.
Perfect Packaging Design!
Supply Chain Game Changer
OCTOBER 14, 2020
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Product Packaging Ideas to Reduce Costs! GET our EBOOK HERE. Packaging design article and permission to publish here provided by Donald Fomby. Packaging can be a deal-breaker for many customers. How you “wrap up” your products will determine whether the product will attract the attention of the right shoppers, and it also influences the customers’ desire to buy the product.
4 Experts Breakdown Supplier Risk & Strategy Tips
Jaggaer
OCTOBER 13, 2020
Now that our first webinar , ‘Do You Have a 360° Degree View of Your Suppliers?’, in our 2020 Fall Webinar Series is now over, we wanted to share our takeaways with you. Supplier risk is a large and complex topic, and there’s plenty more to be said, but in our hour-long discussion Magnus Bergfors , of Spend Matters , talked about the importance of developing a truly comprehensive supplier strategy and how to set up a program to get a 360° view of your supplier s.
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
Amazon’s Prime Day Steals Rivals’ Black Friday Spotlight
Supply Chain Brain
OCTOBER 14, 2020
Amazon’s two-day Prime Day sale is expected to give the company an early advantage over brick-and-mortar rivals still contending with pandemic-spooked consumers wary of battling Black Friday crowds.
Supply Chain Weekly Wrap-Up 10/09/2020 – 10/15/2020
All Things Supply Chain
OCTOBER 16, 2020
Japan to lessen LNG supply chain’s environmental impact Japan plans to collaborate with Australia and other Southeast Asian countries to reduce the impact that the LNG supply chain puts on…
PROCON/POLZAK 2020 – PROCUREMENT FOR SUSTAINABLE GROWTH
ivalua
OCTOBER 14, 2020
The post PROCON/POLZAK 2020 – PROCUREMENT FOR SUSTAINABLE GROWTH appeared first on Ivalua.
JAGGAER Takes Centre Stage at Inaugural Saudi Arabia Digital Procurement Virtual Confex
Jaggaer
OCTOBER 15, 2020
The post JAGGAER Takes Centre Stage at Inaugural Saudi Arabia Digital Procurement Virtual Confex appeared first on Jaggaer.
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.
Podcast | Strategies for Bringing Manufacturing Back to the U.S.
Supply Chain Brain
OCTOBER 16, 2020
Easier said than done: that pretty well describes the task of shifting manufacturing out of China and back to the United States.
The New Mission for Employee Health and Safety!
Supply Chain Game Changer
OCTOBER 15, 2020
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Ensuring Delivery Safety During the Coronavirus Pandemic! GET our EBOOK HERE. Employee health and safety article and permission to publish here provided by Sandra Ketchen, President and CEO at Spectrum Health Care. With rising COVID case counts, workplace health and safety has never been more important.
Supply-Chain Automation: A Vision That’s Becoming Reality
Supply Chain Brain
OCTOBER 15, 2020
This three-step approach to automating tasks can improve operational performance throughout the supply chain.
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.
DHL Opens Houston Area Mobile Pop-Up Store
Supply Chain Brain
OCTOBER 13, 2020
DHL Express, a global provider of international express shipping services, recently expanded its network of U.S. retail locations by opening a mobile pop-up store in Katy, TX.
Countries Rush to Hoard Food as Prices Rise, Covid Worsens
Supply Chain Brain
OCTOBER 14, 2020
Agricultural commodity buyers from Cairo to Islamabad have been on a shopping spree since the COVID-19 pandemic upended supply chains.
What’s That Smell? A Machine Can Tell
Supply Chain Brain
OCTOBER 12, 2020
Today’s computers have the equivalent of human eyes, ears, mouths and limbs. Why not noses as well?
Whole Foods Is Left Behind in Amazon's Pandemic-Fueled Boom
Supply Chain Brain
OCTOBER 11, 2020
With millions of Americans still sheltering in place and cooking their own meals, the grocery industry has been one of the few bright spots in an otherwise battered U.S. economy. Unless, that is, you are Whole Foods Market.
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.
Ware2Go Launches FulfillmentVu Technology Platform
Supply Chain Brain
OCTOBER 12, 2020
Ware2Go, a UPS company offering on-demand fulfillment through an integrated tech platform for one- to two-day shipping, recently announced FulfillmentVu, a new technology platform with a combined warehouse management system, order management system and transportation management system.
Modi’s Reforms Could Help Turn India Into Food-Export Powerhouse
Supply Chain Brain
OCTOBER 15, 2020
If Prime Minister Narendra Modi's move toward a free market for farm sales succeeds, India could not only feed itself, but become a major food exporter.
Companies Signal Face-Mask Glut With Pinched Profit Margins
Supply Chain Brain
OCTOBER 13, 2020
Just a few short months ago, face masks were so hard to come by that companies were sending employees to safeguard shipments from government seizure or mysterious bandits. Now, the world is awash.
Creating More Resilient Global Supply Chains
Supply Chain Brain
OCTOBER 16, 2020
Here's how to reassess short-, mid- and long-term global sourcing and production strategies.
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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