The Amazing Supply Chain of Medical Supplies during the coronavirus pandemic
All Things Supply Chain
MAY 11, 2020
The coronavirus pandemic has caused widespread disruption to supply chains since the end of January.
Sat.May 09, 2020 - Fri.May 15, 2020
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Procurement Process Automation in Business is Projected to Be On the Rise
ProcurePort
MAY 11, 2020
Procurement is essential as long as there is a need to source for goods and services. Over the years, procurement has undergone a series of changes that have further improved the participation between both suppliers and businesses. In present times, procurement activities have evolved to be better managed and well regulated. With more companies looking […].
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Harnesses the power of innovation from supply markets to create value for customers and other key stakeholders
ivalua
MAY 15, 2020
The post Harnesses the power of innovation from supply markets to create value for customers and other key stakeholders appeared first on Ivalua.
Three Strategies for Building Resilience in Your Supply Chain
Supply Chain Brain
MAY 13, 2020
In the last three weeks, I’ve spoken with senior executives of dozens of companies about how they’re managing business continuity during the COVID-19 crisis. Their insights have been consistent.
From Reactive to Resilient: Charting Your Supply Chain Maturity
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Learn strategies to develop supply chain maturity and save on costs. In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation. Discover actionable first steps to boost your operations and reduce costs.
Supply Chain Weekly Wrap-Up: 05/08/20 – 05/14/20
All Things Supply Chain
MAY 15, 2020
Coronavirus will reverse globalization and create regional supply chains economists predict Economists have predicted that the coronavirus crisis will fundamentally reshape global trade as companies look to reduce their dependence…
Your e-Auction Process as an Essential Step in Procurement
ProcurePort
MAY 15, 2020
Originally, buyers and sellers had to meet in person for an auction sale to take place. Today, technological advancements have changed the procurement process via e-auction, or electronic auction. Just like the standard auction process, e-auction also involves buyers competing to buy goods or services from a seller. The only difference here is that it […].
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
More Trending
Five Risks to Confront in an Economic Meltdown
Supply Chain Brain
MAY 10, 2020
The coronavirus pandemic will disappear much faster than the economic crisis that it caused.
The Hard Economics of Justifying a Digital Supply Chain Transformation!
Supply Chain Game Changer
MAY 13, 2020
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Digital Supply Chain transformation article and permission to publish here provided by Bryce Boothby. There have been countless times throughout my career where I was either a recommender or approver of significant IT projects.
What is Procure to Pay? Your Procurement Guide
ProcurePort
MAY 14, 2020
As a company engages in business, it is essential to make buying decisions – one of the basic functions of procurement. Procurement has various subdivisions that are important to ensure a complete process, one of which is the procure to pay process. In order to effectively perform through this process, it’s important to understand the […].
I have the ability to affect our company’s bottom line quickly and improve process efficiencies
ivalua
MAY 15, 2020
The post I have the ability to affect our company’s bottom line quickly and improve process efficiencies appeared first on Ivalua.
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?
Three Ways the Post-Pandemic Supply Chain Will Look Very Different
Supply Chain Brain
MAY 14, 2020
As talk of reopening the economy picks up steam, manufacturers and retailers face a whirlwind of decisions.
Top 5 Signs Your Supply Chain is Dysfunctional
The Network Effect
MAY 14, 2020
The post Top 5 Signs Your Supply Chain is Dysfunctional appeared first on The Network Effect.
Seasoned Leadership in Action™ – An Interview with Danny Wang, VP at Canada Goose!
Supply Chain Game Changer
MAY 12, 2020
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Hey Procurement! It’s Time to SELL! At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “ Seasoned Leadership in Action ™” Interview series. This interview is with Danny Wang, Vice President of Sourcing and Procurement at Canada Goose.
Being a strategic partner in the business, enable innovation, deliver strategic goals. Enable organizations to have competitive advantage.
ivalua
MAY 15, 2020
The post Being a strategic partner in the business, enable innovation, deliver strategic goals. Enable organizations to have competitive advantage. appeared first on Ivalua.
Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations
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.
Automotive Procurement: Time to Rethink Supplier Consolidation?
Supply Chain Brain
MAY 15, 2020
The concept of sole sourcing is as old as that of strategic sourcing. Call it vendor consolidation, volume concentration, or reduction of part-number proliferation, the endgame is always the same: reduce the number of vendors at the part and enterprise levels, to help drive cost efficiencies.
Digitized Procurement: Your Setting-off Point to Autonomy
Jaggaer
MAY 12, 2020
In five to ten years, procurement in many of the world’s leading companies will be “truly digital”. They will have succeeded in transforming their procurement organizations to leverage artificial intelligence-based technologies to achieve autonomous procurement. But what does this mean ? How will we get there? And where are we now? Autonomous Procurement: The Reality versus the Hype.
Thank a Trucker!
Supply Chain Game Changer
MAY 14, 2020
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Truck Drivers – Unsung Heroes of the Supply Chain! (Infographic). Thank a Trucker article and permission to publish here provided by Jake Rheude at redstagfulfillment.com. As the coronavirus pandemic spreads, the impacts are rippling through the economy and the supply chain.
No matter how many times you have sourced a category, a team, suppliers and environment always make it a unique experience. I love creating value for the bottom line and exceeding expectation of business owners.
ivalua
MAY 15, 2020
The post No matter how many times you have sourced a category, a team, suppliers and environment always make it a unique experience. I love creating value for the bottom line and exceeding expectation of business owners. appeared first on Ivalua.
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
Seven Ways to Recruit Supply-Chain Employees During the Pandemic
Supply Chain Brain
MAY 10, 2020
While some businesses have seen a sharp decline in demand, others have experienced drastic increases, and are in the process of adapting to changes throughout their supply chains. In either case, many need immediate support.
How to Enable Trade During a Pandemic
Claritum
MAY 11, 2020
Claritum Article - Procurement Blog. Contents. 1. Introduction. 2. Trading During a Pandemic. 3. A Buyer/Seller Ecosystem. 4. The Ecosystem Capabilities. 5. Do I have the tools I need? 6. Summary. 1 Introduction. This article explores the use of technology to provide a platform for Buyers and Sellers to interact during a major disruption resulting in the absence of face to face or event-based exploration of partnerships.
The impact of COVID-19 on working capital
Spotlight on Procurement
MAY 15, 2020
Simon Lipscomb, Sales and Marketing Director at Efficio speaks to Emilio Della Bruna, Efficio on the impact COVID-19 is having on working capital. Key discussion points include: Why is the impact of working capital so important, especially in this era? What are the actions people should be doing now to improve their working capital position? What will the future look like from a working capital position?
Ivalua NOW Part 2 – Re-Imagining Offices and Transforming Procurement
ivalua
MAY 15, 2020
At last week’s Ivalua NOW virtual event, Jon Stevens, President of JLL Digital, delivered the first keynote. JLL is a long-established global real estate services provider and manager, with revenues approaching $20 billion. Stevens runs the side of the business that is working on new digitally-driven initiatives, and he had two main themes. He talked about the JLL Marketplace, which the firm offers to its clients and firms occupying the buildings it manages.
Load Optimization: A Sustainable Way To Reduce Transportation Costs
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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.
The U.S. Drug Supply Chain in Crisis: Solutions to Shortages
Supply Chain Brain
MAY 13, 2020
New drug shortages are continuing to rise, with the potential for year-over-year growth to exceed 27%.
How to Enable Trade During a Pandemic
Claritum
MAY 11, 2020
Introduction. This article explores the use of technology to provide a platform for Buyers and Sellers to interact during a major disruption resulting in. the absence of face to face or event-based exploration of partnerships. Proposing that an automated solution, orientated towards the. engagement of potential partners in the buying and supplying ecosystem, is essential if we are to ensure our businesses are resilient to global. events, such as a pandemic.
Source-to-Contract Tech 101 – Joël Collin-Demers from Pure Procurement
The Procuretech Podcast
MAY 13, 2020
Before you can go out there and run a tender and select a provider for all of your digital transformation and procuretech requirements, you need to have an overview of what's out there, and what differentiates the different providers and types of software, right? So, that's why I invited Joël Collin-Demers on the show to give us a Source-to-Contract 101 lesson so as you can get a broad knowledge of what type of solutions are on offer.
I work hard to make business process easier and better for my teams to get the job done!
ivalua
MAY 13, 2020
The post I work hard to make business process easier and better for my teams to get the job done! appeared first on Ivalua.
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.
Five Keys to Restarting Your Supply Chain After COVID-19
Supply Chain Brain
MAY 12, 2020
Here are five steps to stabilizing operations, optimizing throughput and maximizing profits as the economy reopens in the coming weeks.
Ivalua NOW – Virtually A Successful Event! (Part 1)
ivalua
MAY 13, 2020
On Tuesday 5th May, the Ivalua NOW virtual conference was held, replacing the firm’s planned US customer event. It was my first experience of a full-scale online conference, and the platform used (6Connex) was impressive. . You entered into a mock-up of a venue “lobby”, with links to keynotes, breakouts, the “exhibitor hall”, resource centre and so on.
Ivalua NOW 2020 Virtual Edition – On Demand Replay!
ivalua
MAY 11, 2020
The post Ivalua NOW 2020 Virtual Edition – On Demand Replay! appeared first on Ivalua.
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