Sat.Dec 11, 2021 - Fri.Dec 17, 2021

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AI and the productivity paradox – why it needs more than technology to transform the economy

All Things Supply Chain

AI and the productivity paradox – why it needs more than technology to transform the economy- All Things Supply Chain - Kai Keppner

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Unleash The Power of the Business Spend Management (BSM)

ProcurePort

Business spend management (BSM) refers to a unified, coherent set of business processes, supported by software that encompasses invoice management, procurement, and expense management. Business spends management addresses all the ways employees spend money within an organization. Spend management also captures related processes such as product lifecycle management, inventory management, supplier information management, budgeting, analytics, […].

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Ivalua Bolsters Its ESG Commitment By Joining The United Nations Global Compact

ivalua

Massy, France, 16 December – Ivalua, a leading provider of global Spend Management Cloud solutions, has joined the United Nations (UN) Global Compact, the world’s largest voluntary corporate sustainability initiative. The way consumers, businesses and public institutions spend significantly impacts the sustainability and social agenda of supply chains globally.

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U.S. Truckers Are ‘Drowning’ in Empty Containers

Supply Chain Brain

Restrictions on empty-container returns at major ports are the top issue that needs fixing to help ease U.S. supply chain bottlenecks, the head of the Harbor Trucking Association said, adding that true round-the-clock operations aren’t yet in place.

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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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Supply Chain Weekly Wrap-Up 10/12/2021-16/12/2021

All Things Supply Chain

Toyota face further production stoppages due to shortages Automaker Toyota Motor Corp.

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Supply Chain Analytics: What It Is & Why It Matters

ProcurePort

Over 59% of enterprises report using supply chain analytics in their daily operations. With data being the new oil, smart Chief Procurement Officers make full use of it to make strategic decisions. In fact, nearly half of respondents (49%) in Deloitte’s The Analytics Advantage report admit that their major use for analytics is to make […]. The post Supply Chain Analytics: What It Is & Why It Matters appeared first on ProcurePort Blog.

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How to Ease the Impact of Port Congestion on Your Supply Chain

Supply Chain Brain

In the face of major supply chain disruptions like port congestion, there are proactive measures you can take to mitigate the risks to your supply chain, starting with multi-tier visibility.

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Our 2021 Top 10 List! (Part 2)

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Our 2021 Top 10 List! As we come to the end of our 5th year here at Supply Chain Game Changer it’s time to reflect on the tremendous events of the year. The effects of the Coronavirus pandemic have continued to stretch far and wide, unabated, touching many aspects of all of our lives.

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Simplify Purchase Requisitions – Create & Approve PRs Quickly

ProcurePort

A purchase order PO and a purchase requisition PR are two documents required for any efficient procurement process. These documents allow finance departments and accounts payable teams to adequately plan budgets, streamline purchases and provide proof of spending in case of audit trials. Despite the significance of PR and PO documents in procurement planning and […].

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Rogers

ivalua

The post Rogers 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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Watch: Why the IoT Is Key to Supply Chain Visibility

Supply Chain Brain

What exactly is the internet of things, and how is it evolving in business and the supply chain? Jennifer Halstead, chief financial officer with Link Labs, explains.

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3 Reasons Why You Should Use Proxies!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Best Cybersecurity Tips to Secure Your ECommerce Store! Proxies article and permission to publish here provided by Ethan Noble. The role of the internet is to furnish you with any amount of data you need continually. And with over 1. 145 trillion MB of data being generated and added each day , it is certain the internet will always keep delivering on this job.

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Healthcare Contract Compliance: How to Perform an Audit

ContractSafe

You already know how important it is to keep on top of contracts. As a healthcare facility, getting contracts properly signed and implemented is essential to staying in business. Perhaps even more important? Making sure your facility understands the importance of healthcare contract compliance and knows how to perform an audit.

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The Future of Work Exchange Key Providers For 2021: Prosperix

CPO Rising

[Editor’s Note: Over the next several weeks, the Future of Work Exchange will unveil its “21 for 2021” list of key solution providers that are shaping the Future of Work through innovative technology, progressive functionality, and overall impact on the evolving world of talent and work. We will be sharing those providers here on CPO Rising as […].

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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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Firms Brace for Extra Brexit Red Tape Amid Supply Chain Squeeze

Supply Chain Brain

Just as firms wrestle with a global supply chain crisis and fresh pandemic restrictions, companies in the U.K. and European Union face another looming headache: More post-Brexit red tape.

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7 Ways to Overcome the Challenges of Relocating Your Manufacturing Business!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Factory Relocation Guide! Relocating your manufacturing business article and permission to publish here provided by Cristina Par. When it comes to creating a relocation strategy for your manufacturing business , you have more to worry about than happy employees. For manufacturers, it’s about covering the raw cost of materials, labor, shipping, taxes, understanding your profit margins, and much more.

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How to Avoid Stockouts with Better Inventory Management

EazyStock

The Current Causes of Stockouts. Since the COVID-19 pandemic took hold, businesses across the globe have faced stock availability challenges. Delays at manufacturing sites, container shortages and a lack of raw material have all led to stockouts. These issues have arguably been compounded by container and truck driver shortages as well as global shipping delays.

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B2B Buying Goes Online: Are B2C Marketplaces Ready?

The Good Spending

Tail spend - the procurement nightmare. While we carol Procurement 4.0 and its value-centric agenda, some aspects of our job still remain in Dark Ages. What is the worth nightmare of a procurement professional? I tell you mine - the tail spend. As per the famous Pareto principle , 80% of your expenditure remains with 20% of your vendors. The rest, 80% of the supply base, generates the so-called tail spend - low-value high-quantity transactional mess.

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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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Why Supply Chain Leaders Should Choose Agility Over Accuracy

Supply Chain Brain

What’s needed today to build truly resilient supply chains is to invest in visibility-enabled network agility over forecasting accuracy.

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How to Improve the Way You Invest!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Great Guidelines for Trading the Gold Market. The way you invest article and permission to publish here provided by Nikki Gabriel. Investing is a great way to build your wealth. But with the uncertainty of the stock market and other traditional investments, people are turning to gold for its reliability and ongoing demand.

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2021 Highlights the Need for a Strategic Focus on Direct Materials Procurement

Jaggaer

The post 2021 Highlights the Need for a Strategic Focus on Direct Materials Procurement appeared first on JAGGAER.

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Best-of-Breed vs. Enterprise Suites: The Procuretech Pub with Nico Bac

The Procuretech Podcast

Enterprise suites vs. Best-of-Breed is a long-standing and hotly debated topic. This week's episode is an edit of a LinkedIn Live session that I did with Nico. If you'd like to see this on video, just head across to The Procuretech Podcast Page on LinkedIn and watch the complete live stream! The ongoing debate between Best-of-Breed vs. Enterprise Suites: Which solution is best?

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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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Deadly Collapse at Amazon Warehouse Puts Spotlight on Phone Ban

Supply Chain Brain

An Amazon warehouse collapse on Friday night that killed six people has amplified concerns among its blue collar workforce about the return of the internet retailer’s mobile phone ban in work areas.

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How Cloud Computing Can Help Supply Chain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Next Generation Supply Chain is Cloud Computing! How Cloud computing can help article and permission to publish here provided by Carol Trehearn. The supply chain has been taking a battering over the past year due to the complications of the coronavirus crisis. Nonetheless, there are a series of new technologies that managers have started to adopt due to the many different benefits that they bring.

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Big Trends and Predictions Part 1 (Webinar)

CPO Rising

Ardent Partners Monthly Webinar Series Big Trends & Predictions in 2022 (Part 1) Register for Ardent’s newest webinar this Thursday and get a complimentary copy of our annual report delivered directly to you via email when it publishes in early January. This webinar is PART 1 of our “Big Trends & Predictions” for the year ahead.

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Ryder to Acquire E-Commerce and Omnichannel Fulfillment Provider Whiplash

Supply Chain Brain

Ryder System Inc., a provider of supply chain, dedicated transportation and fleet management solutions, announced it has entered into a definitive agreement to acquire Whiplash, a national provider of omnichannel fulfillment and logistics services, for approximately $480 million in cash.

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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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Watch: Lessons to Be Learned From the Microchip Shortage

Supply Chain Brain

Bill Currence, president and managing partner of Cornerstone Consulting Organization, discusses the factors that are both beyond and within the control of manufacturers suffering through the current supply chain crisis.

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Supply Chain Hell Ignites Economic Boom Along U.S.-Mexico Border

Supply Chain Brain

Wedged up against the southern edge of the Rio Grande, the sprawling desert city of Juarez has seen its share of economic booms over the years. But perhaps none quite like the one that’s taken hold today.

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How Cloud Analytics Can Speed Up Digital Supply Chain Transformation

Supply Chain Brain

While the COVID-19 pandemic has rattled supply chains around the world, it has also been a boon for the adoption of cloud analytics.

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Carbon-Reduction As a Competitive Advantage: Look to Your Supply Chain

Supply Chain Brain

Businesses now find themselves confronting an inevitability: that the health of their bottom and top lines depends on how adeptly they manage the costs associated with the overall environmental impact of their products, services and actions.

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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.