Sat.Jul 25, 2020 - Fri.Jul 31, 2020

article thumbnail

Re-establishing the Enterprise’s Risk Appetite

All Things Supply Chain

Since risk is a reality in business, and ‘certainty’ is an extremely expensive proposition, an enterprise’s appetite for risk has always been measured on a sliding scale.

Risk 362
article thumbnail

Avoiding Procure to Pay Cycle Pitfalls

ProcurePort

The procure to pay cycle is made up of a series of processes and procedures all related to the procurement, and payment for goods and services. Companies and organizations of all sizes use procurement teams to secure the goods and services needed to build goods or provide services to the end-customer. As with any department […]. The post Avoiding Procure to Pay Cycle Pitfalls appeared first on ProcurePort Blog.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

LEADER – The Forrester Wave™: Supplier Risk & Performance Management Platforms, Q3 2020

ivalua

The post LEADER – The Forrester Wave™: Supplier Risk & Performance Management Platforms, Q3 2020 appeared first on Ivalua.

Risk 130
article thumbnail

The Parallel Supply Chain … A Twilight Zone Strategy?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Defining the New Normal in Supply Chain! What’s Normal Anyways? The Coronavirus pandemic has resulted in lockdowns of enormous portions of the global population and its businesses. The unprecedented disruption in these Supply Chains and the economy, along with panic buying (eg. toilet paper ) and extraordinary demand for PPE (Personal Protect Equipment) has brought the subject of a Parallel Supply Chain to the forefront

article thumbnail

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.

article thumbnail

Six Keys to Discovering ‘Goldilocks’ Pricing for Businesses and Customers

Supply Chain Brain

As I was reading the story “Goldilocks and the Three Bears” to my youngest son, I had a revelation about … pricing.

Price 120
article thumbnail

RFQ Meaning: Understanding a Request for Quote Procedure

ProcurePort

The procurement process is all about creating reliable, resilient, and sturdy supply chains, while improving time, efficiency, and savings. This combination of goals is achieved through various procedures and processes that can be standardized, customized, and fulfilled all through procurement software. With the help of knowledgeable employees empowered to use it of course.

More Trending

article thumbnail

What is Inventory Shrinkage?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Featuring Our 10 Best Inventory Management Articles! Inventory Shrinkage article and permission to publish here provided by Jake Rheude at redstagfulfillment.com. There are many terms for inventory shrinkage: warehouse shrinkage, product shrinkage, loss of product. They all amount to the same thing — your merchandise is missing from the warehouse shelves.

article thumbnail

Avoiding the Pitfalls of Cross-Border E-Commerce Delivery

Supply Chain Brain

Selling across borders means you can reach new customers in bigger and faster-growing markets. Yet businesses can become intimidated by the operational complexities of selling internationally, especially when it comes to delivery and returns.

66
article thumbnail

Automation Hero July 2020: Keri Potter from Central States Industrial

EazyStock

Keri Potter, Director of Supply Chain and Logistics at Central States Industrial (CSI) , knows what her company needs to stay competitive. By selecting EazyStock, she takes care of the inventory for both CSI’s manufacturing and distribution operations. That’s why she’s EazyStock’s Automation Hero for July! . Name: Keri Potter. Title: Director of Supply Chain and Logistics.

article thumbnail

Saving on Employee Expenses - Anthony Devine from Finfo

The Procuretech Podcast

Expenses for items such as individual company mobile phone usage, printing and copaying is typically billed centrally against a centrally negotiated contract. The costs incurred, however, are often both a mystery and black hole of unaudited, unchecked invoices. They needn't be. All organisations can access individual employee expense data if they so wish.

article thumbnail

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.

article thumbnail

Overcoming Vendor Management Challenges!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Strategic Supplier Relationship Management – Do’s and Don’ts. Vendor Management Challenges article and permission to publish here provided by Aggy Zawadzka at straightnorth.com. Executives and managers already understand how vital it is to manage employees. However, for those who work in the supply chain industry, there is the added difficulty of vendor management.

article thumbnail

New Country Resilience Index Showcases the Usual Suspects, Best and Worst

Supply Chain Brain

Much attention has been paid to the ability of individual companies and their supply chains to withstand disruptive events. But what makes an entire country resilient?

article thumbnail

Claritum hosts its first vertical sector Webinar, focused on Universities

Claritum

Bath, UK (Jul 30, 2020) – Claritum, a provider of cloud-based spend management solutions, today announced the company hosted its first vertical sector Webinar, focused on Universities. The webinar entitled “Intelligent Procurement for Universities” was a joint webinar with Data 3. On the webinar, we shared our perspective on the daily adversities that Universities face, whilst managing annual cutbacks on funding.

article thumbnail

Supply Chain Weekly Wrap-Up: 07/24/20 – 07/30/20

All Things Supply Chain

General Mills Adds More Outsourcing Partners as It Aims to Meet Packaged-Food Demand General Mills Inc.

article thumbnail

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

article thumbnail

IVALUA cited as a ‘LEADER’ in Supplier Risk Performance Management by independent reseach firm

ivalua

Covid-19 amplifies the need for SRPM solutions to better manage suppliers. London, UK – July 28, 2020 – Ivalua, a global leader in cloud Spend Management solutions, today announced that it has been recognized as a Leader by Forrester Research Inc. in “The Forrester Wave : Supplier Risk And Performance Management (SRPM) Platforms, Q3 2020.

Risk 26
article thumbnail

How Demand for Electric Vehicles Will Impact the Supply Chain

Supply Chain Brain

Global demand for electric vehicles is accelerating as consumers become more eco-conscious and countries set new targets for cutting carbon emissions.

Demand 61
article thumbnail

Comparing the Most Popular Crypto Exchanges!

Supply Chain Game Changer

Cryptocurrencies Beyond Bitcoin! You can’t really rank crypto exchanges unless you’re ranking by very specific metrics. Some clearly win in terms of transaction volume. Others accept more currencies, others make more trades, while others have a more user-friendly interface. It comes down to what you value more in a crypto exchange and what makes that one a better fit for you.

Buyers 67
article thumbnail

Why Service Has a Big Role to Play in Shaping the New Economy

Supply Chain Brain

COVID-19 has been the ultimate digital accelerant, giving advanced industrial services a big role to play in shaping the new economy.

61
article thumbnail

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.

article thumbnail

How to Implement Multi-Factor Authentication — and Why It Matters

Supply Chain Brain

There's been an increase in supply-chain cyberattacks during the COVID-19 pandemic — and it’s likely to keep rising.

article thumbnail

Dubaï, UAE | Procurement Strategy Summit

ivalua

The post Dubaï, UAE | <br>Procurement Strategy Summit appeared first on Ivalua.

article thumbnail

LEADER – The Forrester Wave™: SRPM

ivalua

The post LEADER – The Forrester Wave™: SRPM appeared first on Ivalua.

26