ProcurePort
DECEMBER 9, 2021
The global supply chain has experienced plenty of challenges stemming from the global pandemic that began in early 2020. This year, there have been reports of container challenges, floods, and port closures due to COVID-19 outbreaks. These reports led to companies making bigger orders due to a fear of supply shortages. Over-ordering eventually led to […].
ivalua
DECEMBER 6, 2021
The post Data as the Driver of Effective Procurement Transformation appeared first on Ivalua.
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Supply Chain Brain
DECEMBER 5, 2021
The advent of business networks on cloud platforms enables real-time visibility into supply chain conditions, allowing organizations to respond nimbly and add millions to their top and bottom lines.
Supply Chain Game Changer
DECEMBER 6, 2021
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Understanding the Bitcoin Mining Process! Cryptocurrency cloud mining sites article and permission to publish here provided by John Gaarg. Cryptocurrency mining (sp. minería de criptomonedas, fr. minage de cryptomonnaie) has gained tremendous popularity over the last few years. This trend is especially vivid with cryptocurrency cloud mining, where cryptocurrency cloud mining sites offer their services associated with leased h
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ProcurePort
DECEMBER 8, 2021
A request for proposal (RFP) is a document produced by a hospital, or any other organization, outlining plans it intends to undertake and the products and services that will be needed. The purpose of an RFP is to invite bids from qualified parties to handle the project. In the proposal, the interested supplier or contractor […]. The post Here Are 5 Ways Hospitals Use RFP Tools appeared first on ProcurePort Blog.
ivalua
DECEMBER 6, 2021
The post Collaboration and Competitive Advantage: Revolutionizing Supplier Relationships 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 Game Changer
DECEMBER 8, 2021
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Warehouse Efficiency Improvement Tips! Conveyor system article and permission to publish here provided by Dhruv Mehta. Anyone who owns or operates a warehouse knows that running one is no easy task. From product transportation and storage to material handling, a lot goes into keeping a warehouse operating like a well-oiled machine.
ProcurePort
DECEMBER 7, 2021
Sustainability is now a crucial factor to survive in a rapidly changing and increasingly diverse marketplace. Businesses must set themselves apart with values that are more than vision and mission statements. This implies that enterprises must deliver actionable results on issues surrounding environmental, social, and corporate governance on a day-to-day basis.
Zycus Cognitive Procurement
DECEMBER 10, 2021
Advantage Source-to-Pay(S2P). The Source-to-Pay(S2P) process begins with identifying and evaluating relevant suppliers, contracting with those suppliers, placing orders, monitoring the supply of the ordered products and services, authorization, and the final release of payment. A Source-to-Pay cycle is a holistic approach that covers end-to-end procurement lifecycle.
Supply Chain Brain
DECEMBER 5, 2021
As the holidays approached and supply chains remain strained, businesses and consumers were eager for a return to normalcy in time for end-of-year surges. But with shipping containers stalled at ports and labor shortages reducing available workers, supply chain managers are seeing little improvement as 2021 comes to a close.
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.
Supply Chain Game Changer
DECEMBER 7, 2021
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 2021 has been one of the most turbulent years in history for Supply Chain. Across every company, every industry, every country, and every aspect of Supply Chain there has been some level of upheaval. In some circumstances things are improving. In others, such as Chip shortages and Shipping Logistics , things seem to be only getting worse.
NLPA (Next Level Purchasing Association)
DECEMBER 10, 2021
Diverse studies have tried to identify the variety of reasons for delays in projects to propose methods to mitigate them via a delays analysis. Construction projects often suffer from delays due to various reasons, which can have a severe financial impact on the project. The analysis of the delay impact, the causes, and the effects of the delaying activities is complicated.
SCMDOJO
DECEMBER 10, 2021
At one point or another, all manufacturers will consider automating their processes in order to become more efficient, save costs, and mitigate waste. When researching the best ways to do so, you’d inevitably stumble across MRP and ERP systems. So what is the MRP vs ERP, which is best for your manufacturing business? Digging deeper. Continue reading.
Supply Chain Brain
DECEMBER 9, 2021
A line of more than 80 container ships waiting to dock at the ports of Los Angeles and Long Beach, California, was cut in half in late November — or so it seemed. Turns out the vessels disappearing from the queue were merely hiding from it, loitering in the Pacific out of reach of the official count.
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 Game Changer
DECEMBER 10, 2021
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is a Good Credit Score? Loan periods article and permission to publish here provided by Rebecca Stuart. There are many situations or opportunities in life that can find you with less cash in your account than you need to address them. Your child has been accepted into a prestigious college to pursue their dream course.
ContractSafe
DECEMBER 9, 2021
Just like balancing the books, the developing, signing, and ongoing management of contracts are important parts of running your business. Even more important and often overlooked? Keeping those contracts organized.
Future Purchasing
DECEMBER 9, 2021
A common challenge area for category teams is understanding the breadth of content that a category management strategy should contain. All too often, it becomes self-limited to include only areas that procurement has under its immediate control, such as sourcing. However, an excellent category management strategy will address many aspects of the business which surround the most effective acquisition and use of a set of products or services.
Supply Chain Brain
DECEMBER 9, 2021
Everyone is wondering what 2022 will bring for supply chains. But to understand how next year might unfold, it’s helpful to take a closer look at how earlier events shaped the landscape.
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.
EazyStock
DECEMBER 8, 2021
Chinese New Year (aka Lunar New Year) might seem like a long way off, but smart inventory managers will be starting to plan for this event very soon. The more prepared you are, the greater your ability to ensure that this annual supplier shutdown causes as little disruption as possible. In this post we look at the challenges brought about by Chinese New Year and how EazyStock can help.
SupplyShift
DECEMBER 6, 2021
In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments. To gain this kind of transparency, businesses must create a global map of their supply network, right down to the source.
Orderhive
DECEMBER 5, 2021
When it comes to understanding finance, very few business owners can claim to be experts. The post Are You Confusing Markups And Margins appeared first on Cin7 Orderhive.
Supply Chain Brain
DECEMBER 5, 2021
Retailers need to implement proactive strategies that maximize inventory, or else face margin-crushing supply challenges. Artificial intelligence may offer a solution.
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SpendHQ
DECEMBER 10, 2021
The post Procurement Spend Analytics: Where Your BI Tool Falls Short appeared first on SpendHQ.
SupplyShift
DECEMBER 6, 2021
In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments. To gain this kind of transparency, businesses must create a global map of their supply network, right down to the source.
Spotlight on Procurement
DECEMBER 9, 2021
In this episode our guest, Steve Gibb, Supply Chain Director - Vaccine Programme at NHS England discusses the challenges, pressures and practicalities of building a supply chain at unprecedented speed to vaccinate an entire population.
Supply Chain Brain
DECEMBER 6, 2021
What better way to work off the anxieties of the pandemic than an at-home boxing workout? Yet the company that’s capitalizing on that urge has had to deal with its own set of frustrations in getting product to market.
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.
CPO Rising
DECEMBER 9, 2021
Ardent’s Monthly Webinar Series Two Exciting Complimentary Webinars! It is the giving season, and Ardent Partners is excited to give to our newsletter subscribers the opportunity to join us on not one but TWO complimentary webinars next week that focus on the procurement and P2P. Close out the year and prepare for the year ahead! The first […].
The Procuretech Podcast
DECEMBER 7, 2021
Our final episode in our mini-series of e-Sourcing platforms brings us to a well-estalished provider who has been in the space for over 20 years. So, during the interview with Henrik Balslev, CCO of Danish Source-to-Contract (S2C) software Scanmarket, the most obvious thing to talk about was all of the data they've collected since they've been offering e-auctions and RFx solutions to their customers.
Zycus Cognitive Procurement
DECEMBER 8, 2021
When COVID 19 hit us, we were unprepared for the challenges it brought about. Be it something as easy as getting contracts signed, to something as complicated as inventory management, they all brought one thing with them, the question of “How do we do this now?”. The solution was to create a virtual workspace where everything could be within the reach of a few buttons.
Supply Chain Brain
DECEMBER 7, 2021
An Amazon Web Services outage wreaked havoc on the e-commerce giant’s delivery operation, preventing drivers from getting routes or packages and shutting down communication between Amazon and the thousands of drivers it relies on.
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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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