Sat.Mar 19, 2022 - Fri.Mar 25, 2022

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Tackling Counterfeiting with Blockchain

All Things Supply Chain

The counterfeit business is booming, but at the cost of authentic businesses suffering heavily.

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How to Succeed at Business Spend Management

ProcurePort

Enterprise spend management is a set of processes meant to bring transparency and control over the manner in which people given the power to spend are doing so. Such transparency can help to reduce business risk, increase profits, and improve efficiency in various areas of the business. In business spend management, it’s extremely important to […].

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Ivalua Recognized as A Leader in Supplier Value Management Platforms, Q1 2022 report

ivalua

Redwood City, CA – March 24th, 2022 – Ivalua, a global leader in spend management, today announced that it has been named a leader in The Forrester Wave : Supplier Value Management Platforms, Q1 2022. Supplier Value Management (SVM) platforms include the various applications used to automate and manage activities with suppliers, including Supplier Risk & Performance Management (SRPM), Source-to-Contract (S2C), and Procure-to-Pay (P2P).

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Word for Procurement Professionals

Procurement Templates

Key Board Shortcuts. To do this Press Open a document. Ctrl+O Create a new document. Ctrl+N Save the document. Ctrl+S Close the document. Ctrl+W Cut the selected content to the Clipboard. Ctrl+X Copy the selected content to the Clipboard. Ctrl+C Paste the contents of the Clipboard. Ctrl+V Select all document content. Ctrl+A Apply bold formatting to text.

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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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History and Evolution of Supply Chain and Logistics

SCMDOJO

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Although logistics represents a whole system of space/time interdependencies, we believe that the discussion of its history and its chronological evolution still requires extensive studies to explore its origin and its advance in time, from a new point of view.

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Purchase Management: Purchase Order Software, Purchase Order Management

ProcurePort

Efficient software for purchase order management allows procurement teams to cut sourcing and procurement costs, improve vendor relationships, and ultimately the company’s bottom line. To increase competitiveness and ease operations, businesses are turning to software for purchase order management for help, stepping away from manual purchase management practices.

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Supplier Profile Tools

Procurement Templates

In order to build a supplier profile, users need leads for business intelligence. The following organisations are a source of rich information. D&B. Zoom Info. Contact List Provider & Builder. Our contact database has over 95 million companies profiled with all of their employees. Used to fuel sales & marketing growth, Zoominfo provides you with verified email addresses & direct dials for your desired contacts.

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Savings in procurement – how to calculate them

ABC of Procurement

Savings is the KPI of every Procurement team. And the professionals have during the time developed several ways of measuring and reporting them. The post Savings in procurement – how to calculate them first appeared on ABC of Procurement.

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5 Key Business Processes for Effective Supplier Master Data Management

ProcurePort

A centralized Supplier Data Management solution must support five crucial business processes relating to supplier relationships. These processes include: creating, updating, extending, deactivating, and reactivating. Once the goals of these different processes are defined, all changes can then be initiated from a central point, eliminating the need to remove and sync information across P2P and […].

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LEADER – The Forrester Wave™: Supplier Value Management Platforms, Q1 2022

ivalua

The post LEADER – The Forrester Wave™: Supplier Value Management Platforms, Q1 2022 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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Ship Stuck Near D.C. Signals East Coast Ports’ Rush to Expand

Supply Chain Brain

The $5.25 billion expansion of the Panama Canal doubled its capacity in 2016, allowing the world’s largest cargo ships to sail more easily to America’s East Coast from Asia. Now, one of those giant vessels has been stuck near the U.S. capital for more than a week.

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Intelligent IBP – Closing the Decision Gaps

Supply Chain Trend

Preview – Most IBP cycles around the world are based on a 20-year-old process definition supported by 20-year-old planning concepts. This traditional IBP is not set up for a fast-changing world, where speed of decision making confers a competitive advantage. Intelligent automation will change this. In this series of short blogs, I will discuss the transition of traditional IBP towards a more intelligent IBP.

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4 Expert Tips For Diversifying Your Financial Portfolio!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Start Investing in 6 Easy Steps! Investing in different asset classes has become much easier in recent years. Digital platforms and financial portfolio technologies have made various assets easier to invest in, even for the average person. However, many beginners still can’t understand the measured risks and strategies that tenured investors employ for successful returns.

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Supply Chain Planning for Uncertain Times

The Network Effect

The post Supply Chain Planning for Uncertain Times appeared first on The Network Effect.

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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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Diesel-Tax Holidays Are Meant to Help Truckers — But They're Not Celebrating

Supply Chain Brain

The move by some states to soothe the sting of soaring fuel prices by temporarily suspending diesel fuel taxes has some unlikely opponents: truckers, the very people it’s supposed to help.

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Commemorating 10 years of Bonfire

Bonfire

Today I’m proud to commemorate the 10-year anniversary of Bonfire and, with it, the incredible clients and team who have made our success possible. To mark the occasion, I’m hopping onto the blog to reflect on our journey — to think about how far we’ve come and where we’re headed. Reflecting on the journey. When I joined Bonfire over 9 years ago, we were a small startup with a handful of clients.

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Private Instagram Story Downloader!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How to Promote Social Networks with Content Marketing! Instagram is a well-known way to interact with your audience. Users view the stories of the people they are most interested in on a daily basis. Much visual content consists of useful information that motivates us: tips, advice, and great solutions.

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Qualified to Handle Your Company’s Logistics? Think Again!

NLPA (Next Level Purchasing Association)

The larger the operation, the more challenges it presents to a company’s logistics needs. Determining who should handle logistics depends on both the buyer and seller’s relative and absolute sizes. The larger shipper should be able to offer lower rates; however, there is a bottom limit below which rates do not lower much with size. If the smaller party is still a large shipper, the rates could be the same.

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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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Podcast | Can 3D Printing Help Fix Broken Supply Chains?

Supply Chain Brain

3D printing, also known as additive manufacturing, has been touted for years as a revolution in goods production — one that’s able to meet the demands of today’s picky consumer. So why hasn’t it made more progress to date?

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Procurement in 5-Minutes: Why should procurement have a seat at the table?

Sourcing Solved

We live and work in a busy world in which there is little time to read, watch or listen beyond the headlines. Hello, my name is Iain Campbell-McKenna, and this is “Procurement in 5-minutes.” That’s right, in 5-minutes I promise to tackle some of the biggest challenges and deepest questions our profession and industry face on a day-to-day basis. In today’s 5-minutes I welcome the Managing Director at Fraikin Ltd, Darren Hall to answer the question: “Why should procurement have a seat at the

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Why and Where to Use React for Web Development!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Software Penetration Testing Tools and Techniques! In fact, many customers are constantly shocked by how powerful and reactive IT technologies are developing. For that reason, it is so hard to decide on the interface technology which is required for a successful business project.

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Talent Talks Live Returns!

Procurement Talk with David Byrne

Our Talent Talks Podcast hosted its third live podcasting event last week in the heart of central London. The first live event was held post-covid in September 2021 and has grown in numbers every quarter, becoming a popular feature in the calendar of Heads of Procurement and Procurement Directors. Podcast … Continued. The post Talent Talks Live Returns!

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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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War Dims Global Business Outlook as Inflation Plight Worsens

Supply Chain Brain

Factories from Australia to Europe are seeing already surging costs jump further as Russia’s war in Ukraine and the barrage of sanctions rolled out in response roil commodity markets and trade.

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Tooth-to-Tail: Proven Importance of Military Logistics

The Good Spending

I live in Ukraine. That says a lot nowadays. It's taken me a month to return to this blog. My thoughts are still all over the place. I'd instead write about modern Ukrainian war heroes or civilian martyrs, who dedicated their lives to protecting our country's freedom from the most unfair, tragic, and destructive invasion russia subjected us to. Yet, this article is about that dimension of war, which touches the professional side of mine.

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What to Do in an Accident with a Commercial Vehicle!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How Business Insurance Can Protect You! Getting into a collision with a commercial vehicle like a semi or big rig can be a terrifying experience. Small personal cars scarcely stand a chance against the massive trucks that can weigh 80,000 lbs or more when loaded to capacity. As you sit there trying to process the reality of situation, your first instinct is to check for the safety of the other passengers in the car and think

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OVO Energy – Utilities

Barkers Procurement

OVO Energy needed support to tender for emergency and maintenance metering services. Using our metering procurement specialist, Barkers worked with OVO Energy to successfully appoint a new service provider for these services. OVO Energy were able to realise their metering business strategy whilst also delivering savings of c. £23 million against anticipated costs.

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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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Podcast | The Truck Driver Shortage: Problem and Solutions

Supply Chain Brain

The U.S. is around 80,000 commercial truck drivers short of what’s needed to meet current demand. And requirements for the future will send that number soaring.

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Know Your Supplier: Full Stack SRM – Sam Jenks from Kodiak Hub

The Procuretech Podcast

As procurement pros, we're feeling the heat a lot right now dealing with problems of a reactive nature. We're having to fight to secure supply and deal with crisis management with increasing frequency. Moving to a more predictive form of supplier relationship management (SRM), while at the same time handling the transactional and compliance part of the requirements is what my guest, Sam Jenks, CMO of Kodiak Hub, is here to talk about today.

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What’s in Your Tech Stack? Tools for Killer B2B Lead Generation!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Lead Generation for Supply Chain: 5 Ways to Get Prospects! The new era of tech-supported sales is here, and tons of software tools are being introduced that enlarge the boundaries of sales teams and make them more efficient through improved B2B lead generation. A good leader knows that capitalizing on technology requires time and effort.

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Demand forecasting challenges – how to deal with fluctuating demand

EazyStock

It’s been over two years since the far-reaching effects of the Coronavirus pandemic on global supply chains started to take the world by surprise. Fluctuating demand and supply volatility have made accurate demand forecasting even more challenging for two reasons: Using last year’s sales data as a base for forecasts is a ‘no go’, as demand fluctuations due to the pandemic skew the data.

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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.