ProcurePort
NOVEMBER 11, 2021
The biotechnology industry comprises hundreds of companies that fuse biology and technology to develop drugs and medications that treat various ailments. Today’s biotech industry consists of companies that develop medical devices and diagnostics, biomaterials, biofuels, pollution control, and similar materials. According to research by the National Centre of Biotechnology Information, there’s a growing risk of […].
ivalua
NOVEMBER 10, 2021
Enabling instant leverage across numerous categories and the ability to capture more savings, faster. Redwood City, CA – October 2021 – Ivalua , a global leader in Cloud Spend Management solutions today announced an alliance with OMNIA Partners, a leading group purchasing organization to bring more purchasing power to customers of Ivalua, by enabling access to pre-negotiated contracts directly through Ivalua’s platform to achieve greater and faster savings on indirect and direct categories.
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SCMDOJO
NOVEMBER 11, 2021
Artificial intelligence, machine learning, big data, blockchain – the list of emerging digital technologies is long. There is much discussion on their application and use and they are omnipresent in today´s society. Furthermore, they also have large impacts on companies and especially their supply chains. Companies realize that they do not only need to look.
Supply Chain Brain
NOVEMBER 7, 2021
Jordan Strauss, managing director in the Forensic Investigations & Intelligence Practice of Kroll, LLC, details the major risks of corruption existing in supply chains today, and offers tips on addressing them.
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ProcurePort
NOVEMBER 10, 2021
The retail industry has undergone tremendous change over the last decade. Large brick-and-mortar stores no longer hold the key to sales. Rather, online retailers such as Amazon are taking up a big chunk of business. According to Statista, the value of e-commerce in the US currently stands at $433 billion. It’s expected to grow by […]. The post Rethinking Procurement in Retail appeared first on ProcurePort Blog.
ivalua
NOVEMBER 9, 2021
The post Why Supply Management Suites are Winning the Day: Best Practices for Procurement Technology Selection appeared first on Ivalua.
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
NOVEMBER 11, 2021
Nestle SA, Pepsico Inc. and 25 other companies are backing a project that calculates a product’s environmental impact from farm to store and then grades it with a color-coded label. It’s the first time a partnership this big is working to find a one-size-fits-all way to assess the supply chain.
ProcurePort
NOVEMBER 9, 2021
Can e-Procurement be a potential solution for decreasing procurement spending in educational institutions? The United States government spends at least 2.6% of GDP on educational institution expenditures. This is much higher than the average rate (1.4%) of OECD countries. It’s not just the government that’s looking to cut costs but even the schools themselves.
ivalua
NOVEMBER 10, 2021
The post Procurement Must Shift gears to Meet C-Level’s Rising Expectations appeared first on Ivalua.
Supply Chain Game Changer
NOVEMBER 9, 2021
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Is Just In Time Past Its Time? The natural, and synthetic, rubber Supply Chain is another casualty of the Coronavirus pandemic. Our recent purchase of a new vehicle made us aware not only of the computer chip shortages impacting the new automobile sales market, but also the rubber market shortages threatening similar disruptions.
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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
NOVEMBER 7, 2021
Global supply chains were clearly in trouble before COVID-19 arrived on the scene, but when it did, the weakness of our time-honored strategies for procurement, production and delivery became shockingly evident.
Solvoyo
NOVEMBER 8, 2021
Gorillas use of Solvoyo's platform simplifies and even automates many of the planning and execution steps required to successfully meet customer demand. The post RGD Unicorn – Digital Transformation of Supply Chain Planning appeared first on Solvoyo.
ivalua
NOVEMBER 10, 2021
The post Building a Business Case for Procurement Transformation appeared first on Ivalua.
Supply Chain Game Changer
NOVEMBER 11, 2021
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is Supplier Relationship Management (SRM)? Reliable supplier article and permission to publish here provided by Carol Trehearn. Your business is only as exceptional as the goods or services it offers, and to get exceptional products, the right supplier is a must. Whether you’re starting a new line of products from scratch or looking to revamp your shelves, here are five qualities of a reliable supplier to prioritize.
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
NOVEMBER 8, 2021
A supply chain consulting arm is essential to modern-day commercial real estate brokerage firms, says Joe Dunlap, managing director of the supply chain advisory of CBRE.
SupplyShift
NOVEMBER 12, 2021
On November 2nd – 3rd, SupplyShift held its third annual Summit, joining business leaders from across the world to share their knowledge, lessons learned, and best practices on tackling today’s biggest supply chain sustainability issues. We were honored to host such an incredible roster of speakers for two insightful days of discussion and collaboration.
Supply Chain Game Changer
NOVEMBER 12, 2021
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Ways to Create a More Positive Workplace! Office ventilation article and permission to publish here provided by Claire Glassman. With the outbreak of the COVID-19 pandemic, most business organizations have made the issue of indoor air quality (IAQ) a priority to minimize the spread of the deadly virus.
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
NOVEMBER 9, 2021
Fallout from the global supply chain crisis that’s clogging U.S. ports is pushing warehouses to capacity, and forcing logistics managers to scramble for space.
SupplyShift
NOVEMBER 12, 2021
On November 2nd – 3rd, SupplyShift held its third annual Summit, joining business leaders from across the world to share their knowledge, lessons learned, and best practices on tackling today’s biggest supply chain sustainability issues. We were honored to host such an incredible roster of speakers for two insightful days of discussion and collaboration. .
The Good Spending
NOVEMBER 12, 2021
Public procurement should be about value, not just savings What matters most when we elect a public servant - a healthy society, clean and secure environment, quality education - or the savings they deliver? Arguably, we expect the state officials to manage public spending wisely and obtain the highest value to society for the allocated budget. Essential macroeconomic functions of government As suggested in this document , there are three primary macroeconomic functions of government: allocation
Future Purchasing
NOVEMBER 10, 2021
Build category management coaching capability and unlock your team’s full potential. Businesses are under pressure like never before. Limited supply, rising prices and staff shortages. If ever there was a time for leadership teams to pull together, it is undoubtedly now. Those that can collectively identify and tackle issues head-on, drawing and building upon the skills and knowledge of their people, are the ones most likely to thrive.
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Supply Chain Brain
NOVEMBER 8, 2021
When federal unemployment benefits ran out in September, the thinking went, the resumes would come flowing in. So much for that theory.
SupplyShift
NOVEMBER 12, 2021
In the wake of the COVID-19 pandemic and mass shortages of basic goods like toilet paper, the world is realizing the pivotal role that procurement plays in the everyday running of businesses and global commerce. Without successful procurement processes, there would not be on-demand access to the goods and services we have come to rely on at both a commercial and consumer level.
Solvoyo
NOVEMBER 10, 2021
The Rapid Grocery Delivery (RGD) startup achieved End-to-end integrated dark store replenishment and purchase order planning using Solvoyo's platform. The post RGD Startup – E2E Supply Chain Planning appeared first on Solvoyo.
Sourcing and Supply Chain
NOVEMBER 8, 2021
CFO, Chief Financial officer is one role which we assume that we understand completely. Let me help you unravel a few of its branches to attain the importance of this role. CFOs are playing a major role in a company as they are entitled to manage the entire financial data as well as the operational strategies. The role has its limitations and liberty in each company as it often depends on the structure, size, and processes of the organization.
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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
NOVEMBER 11, 2021
While a global supply chain crisis is crimping sales for companies from Apple Inc. to Caterpillar Inc., transportation firms are riding an unprecedented profit boom.
SpendHQ
NOVEMBER 7, 2021
Atlanta, November 8th – SpendHQ lands as a Customer and Value Leader in Spend Matters’ most recent release of its SolutionMap benchmarking for Fall 2021. This new release compares 69 procurement technology vendors and features the second major revamp since the 2017 launch, including new “market personas,” updated technology categories, and a more-focused RFI.
World of Procurement podcast
NOVEMBER 7, 2021
Hey Procurement Legends, I had an awesome chat with Natasha, the COO of Paid which is a Procurement automation platform. I’ve pulled a technical extract from their website below so that you can get an idea of what the platform is. I do encourage you to check out their product and think about how it may help you in your day-to-day procurement work. Natasha is incredible, she gets it and it’s clear that she is in the business of solving business problems first and foremost.
The Network Effect
NOVEMBER 8, 2021
The post Inside Next Generation Supply Chains appeared first on The Network Effect.
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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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