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

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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
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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.

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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
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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 121
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GEP Spend Category Outlook Report 2025

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

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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.

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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.

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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

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DPS: An Answer to Public Procurement Burdens?

Jaggaer

Every year, more than 250,000 public authorities in the European Union spend around 14% of GDP (around €2 trillion per year) on the purchase of services, works and supplies. Their peers in the United States are also responsible for about $2 trillion in spend. Could the money be better spent? Absolutely. How? Now that’s a much more difficult question.

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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.

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LEADER – The Forrester Wave™: SRPM

ivalua

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

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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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.

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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.

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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?

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Dubaï, UAE | Procurement Strategy Summit

ivalua

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

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From Reactive to Resilient: Charting Your Supply Chain Maturity

In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.

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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.

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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.

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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.

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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.

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The 2nd Generation of Innovation Management: A Survival Guide

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?

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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.

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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.

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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.