Sat.May 09, 2020 - Fri.May 15, 2020

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The Amazing Supply Chain of Medical Supplies during the coronavirus pandemic

All Things Supply Chain

The coronavirus pandemic has caused widespread disruption to supply chains since the end of January.

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Procurement Process Automation in Business is Projected to Be On the Rise

ProcurePort

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

The post Harnesses the power of innovation from supply markets to create value for customers and other key stakeholders appeared first on Ivalua.

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Three Strategies for Building Resilience in Your Supply Chain

Supply Chain Brain

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.

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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: 05/08/20 – 05/14/20

All Things Supply Chain

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…

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Your e-Auction Process as an Essential Step in Procurement

ProcurePort

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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Five Risks to Confront in an Economic Meltdown

Supply Chain Brain

The coronavirus pandemic will disappear much faster than the economic crisis that it caused.

Risk 123
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The Hard Economics of Justifying a Digital Supply Chain Transformation!

Supply Chain Game Changer

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.

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What is Procure to Pay? Your Procurement Guide

ProcurePort

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 […].

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I have the ability to affect our company’s bottom line quickly and improve process efficiencies

ivalua

The post I have the ability to affect our company’s bottom line quickly and improve process efficiencies 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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Three Ways the Post-Pandemic Supply Chain Will Look Very Different

Supply Chain Brain

As talk of reopening the economy picks up steam, manufacturers and retailers face a whirlwind of decisions.

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Top 5 Signs Your Supply Chain is Dysfunctional

The Network Effect

The post Top 5 Signs Your Supply Chain is Dysfunctional appeared first on The Network Effect.

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Seasoned Leadership in Action™ – An Interview with Danny Wang, VP at Canada Goose!

Supply Chain Game Changer

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.

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Being a strategic partner in the business, enable innovation, deliver strategic goals. Enable organizations to have competitive advantage.

ivalua

The post Being a strategic partner in the business, enable innovation, deliver strategic goals. Enable organizations to have competitive advantage. 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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Automotive Procurement: Time to Rethink Supplier Consolidation?

Supply Chain Brain

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.

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Digitized Procurement: Your Setting-off Point to Autonomy

Jaggaer

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.

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Thank a Trucker!

Supply Chain Game Changer

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.

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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

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.

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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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Seven Ways to Recruit Supply-Chain Employees During the Pandemic

Supply Chain Brain

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.

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How to Enable Trade During a Pandemic

Claritum

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.

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The impact of COVID-19 on working capital

Spotlight on Procurement

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?

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Ivalua NOW Part 2 – Re-Imagining Offices and Transforming Procurement

ivalua

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.

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GEP Outlook Report 2025

For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic

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The U.S. Drug Supply Chain in Crisis: Solutions to Shortages

Supply Chain Brain

New drug shortages are continuing to rise, with the potential for year-over-year growth to exceed 27%.

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How to Enable Trade During a Pandemic

Claritum

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.

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Source-to-Contract Tech 101 – Joël Collin-Demers from Pure Procurement

The Procuretech Podcast

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.

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I work hard to make business process easier and better for my teams to get the job done!

ivalua

The post I work hard to make business process easier and better for my teams to get the job done! appeared first on Ivalua.

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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

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Five Keys to Restarting Your Supply Chain After COVID-19

Supply Chain Brain

Here are five steps to stabilizing operations, optimizing throughput and maximizing profits as the economy reopens in the coming weeks.

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Ivalua NOW – Virtually A Successful Event! (Part 1)

ivalua

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.

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Ivalua NOW 2020 Virtual Edition – On Demand Replay!

ivalua

The post Ivalua NOW 2020 Virtual Edition – On Demand Replay! appeared first on Ivalua.

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