Sat.Mar 12, 2022 - Fri.Mar 18, 2022

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The Top 3 Ways to Take Your 3PL to the Next Level

All Things Supply Chain

The logistics and warehousing markets are growing and changing fast. For 3PL providers, this change presents some serious opportunities.

Logistics 274
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Procurement Category Management for Business

ProcurePort

The procurement category management process is the intentional action by a company to divide its procurement spend into segments with related items. The main reason for segmentation is to find opportunities to generate value through greater efficiency. When successfully implemented, the company can gain through lower purchase prices, better relationships with suppliers, agility in logistics, […].

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Purchase-to-Pay Performance Study

ivalua

The post Purchase-to-Pay Performance Study appeared first on Ivalua.

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A Year After Suez Canal Fiasco, Bad Luck Strikes Again for Evergreen

Supply Chain Brain

A year after a giant container ship got stuck in the Suez Canal for almost a week and disrupted global trade for months, another Evergreen Marine Corp. vessel has run aground.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

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.

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The 7 Steps in the Strategic Sourcing Process

All Things Supply Chain

With the advent of COVID-19 pandemic, supply chains and demand have been massively disrupted and are causing inventory issues, unclear delivery reliability, and a significant risk in single-source supplier circumstances.

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Request for Proposal (RFP) Application: What is it & How to Write it?

ProcurePort

A request for proposal (RFP) application is a document that an organization, often a large enterprise or a governmental organization, posts to solicit a response from potential vendors about the supply of specific goods and services. The request for proposal specifies what the client is looking for and outlines the evaluation criteria used to assess […].

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The Supply Crisis Antidote? Digital 'Demand Chain' Management

Supply Chain Brain

Manufacturers and distributors can no longer afford to view the supply chain as a strictly internal function that stands apart from customers.

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How to Create a Digital Marketing Strategy for a Logistics Company!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Content Marketing Strategy – The Decisive Guide! The power of digitalization is evident in many spheres and industries, including the logistics one. As the technologies develop, the means for promoting logistics services with a digital marketing strategy has also changed. For instance, logistics marketing heavily relies on digital channels of communication.

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How to Change the Game with Strategic Sourcing Consultants

ProcurePort

A strategic sourcing consultant is a person that helps other businesses to find the right suppliers for the items they need. In most cases, companies will engage a strategic sourcing consultant when sourcing from another country. Strategic sourcing is the formalization of information gathering in the procurement process to find the best value. It leads […].

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Intelligent IBP – Unshackle the Planners!

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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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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Growing Pains, Labor Woes: Five Supply Chain Challenges to Count On This Year

Supply Chain Brain

It’s time to take an honest look at what’s happening around us, learn from the past two years, and plan accordingly.

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Top Supply Chain Management Courses!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chain Education and Certification – What’s Missing? If you’re looking to start or improve your career in the field of supply chain management courses, you might be wondering where to start. Luckily, Business School offers one of the most comprehensive supply chain management programs in the world.

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How to Calculate ROI for Contract Management Software

ContractSafe

Introduction.

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The Only Vendor in the Procurement Industry with Advanced Forward Looking AI Capabilities!

Zycus Cognitive Procurement

Artificial Intelligence has become a rage in modern times. With applications touching every aspect of human life from. business to leisure, this new-age phenomenon is sure to set the stage for the future of technology. That being true, it is of grave importance for large enterprises, especially in businesses, to delve deep into the. benefits that AI can offer in their respective scenarios.

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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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How Ocean Shippers Are Coping With High Rates and Unreliable Service Contracts

Supply Chain Brain

With no immediate relief in sight from sky-high ocean container freight rates, shippers are faced with the question of how to negotiate with carriers for adequate capacity at a manageable price.

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A Crypto Exchange Selection Guide!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Comparing the Most Popular Crypto Exchanges! Trading cryptocurrency is now really easy, and you don’t need to be an expert in order to make some profit. Crypto trading is a field for ordinary people who have the opportunity to become rich overnight. It’s all about taking risks and making smart investments, which can facilitate the development of a healthy portfolio that will allow you to live a comfortable life.

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Procurement Experts on CPO Rising (Mergers, Acquisitions AND CPOs)

CPO Rising

Our “Procurement Experts on CPO Rising” series continues today an excerpt from my 2021 episode of the Procurement Rising Podcast – Alejandro Gusis, Univar (click to listen to the full interview). Note that this excerpt has been edited for readability. Managing M&A with Alejandro Gusis Andrew Bartolini: Let’s look at M&A because the work you’ve done at Univar is […].

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Should Organisations Use A Strategic Sourcing Approach To Recruit Talent?

Sourcing Solved

In his recent article The Key To Hiring Success: Think Like A Start-Up CEO, Iain Campbell-McKenna reported that “there will be 2.4 million unfilled (procurement) positions with a potential economic impact of $2.5 trillion.”. Other revelations such as the fact that the average “new hire” only lasts 18-months before moving on to another company and a continuing emphasis on the importance of skill sets versus mindsets when assessing a candidate’s qualification speak to an industry-wide

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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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When Will the Chip Shortage End? U.S., EU Spend Billions in Race to Beat China

Supply Chain Brain

Sanctions are causing a shortage of microchips in Russia. Meanwhile, the U.S. and Europe are spending billions in a race to reduce reliance on imports just as China plans to turn itself into a chip powerhouse.

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Applied Mathematics in Supply Chain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. A Formula For Achieving Game Changing Results! Amongst other things a supply chain manager is responsible for ensuring that goods are delivered to the correct destination in a timely manner. This can be a challenging task, as there are many potential problems that can occur along the way.

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Data, Digitisation & Driving Diversity with CPO at Kantar, Stephen Day – Episode 53

Procurement Talk with David Byrne

Listen in Apple Podcasts Listen in Spotify Listen in Google Podcasts Episode show notes “From my perspective, data is the foundational resource that we now need to use in terms of how we think about our procurement transformation.” As apps like TikTok innovate the tools that curate content for us, … Continued. The post Data, Digitisation & Driving Diversity with CPO at Kantar, Stephen Day – Episode 53 appeared first on Talent Drive.

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Innovation in Services Procurement for the Utilities Sector

Barkers Procurement

Barkers are pleased to announce a strategic procurement partnership with Constellia to support the implementation and successful delivery of Constellia’s established Neutral Vendor MSP solution for professional services into the Utility sector. Since their appointment to the AEC Neutral Vendor Framework for Multi-Specialism Services in 2020, Constellia have enabled over 50 organisations to get better control of their professional services spend whilst improving compliance, driving savings, mitig

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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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The World’s Cargo Ships Are Sailing Into Worse Climate Risks: Report

Supply Chain Brain

Dangerous, expensive disruptions to shipping and many of the world’s roughly 3,700 ports are on the rise along with global temperatures. These events will increasingly threaten the sea routes that convey 80% of traded goods by volume, according to an analysis by Environmental Defense Fund.

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3 Great Reasons to Buy a Used Truck and Get Your Money’s Worth!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The New Car Bait and Switch! A True Story! The delivery industry is one of the most promising business niches nowadays as the demand maintains at an all-time high. This happens because buyers’ behavior has shifted in favor of online shopping over the last couple of years. And while the e-commerce upward trend was in part supported by the pandemic , buyers continue to prefer shopping online.

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ProcurementSoftware.site – The FREE resource for digital procurement

The Procuretech Podcast

Today is a very proud and special day for me as I launch our new venture: Procurement Software. The ProcurementSoftware.site website sets out to democratise access to information and resources on digital procurement as a free platform, focusing on helping procurement leaders, CFOs and boutique consultancies serving mid-market businesses. What makes ProcurementSoftware.site different and unique?

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What Does Supplier Collaboration Mean for Sustainability?

SupplyShift

Today’s sustainability goals are significant; there’s no denying it. With governments worldwide coming together to combine forces and keep the rate of global warming below 1.5?, all efforts turn to collaboration to slow the looming threat climate change poses on the future of our planet, among other crucial sustainability goals. The United Nations’ 17 Sustainable Development Goals aim to tackle issues such as poverty, hunger, affordable and clean energy, and creating sustainable cities and commu

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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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Watch: Three Priorities for Freight Companies Coping With Crisis

Supply Chain Brain

The pandemic has many logistics providers on the ropes. John Garden, vice president of freight and logistics with Mastercard, discusses three key areas on which they must focus in order to survive the current crisis.

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Thoughts on Making Money with Bitcoin!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Methods to Make Money with Bitcoin! Bitcoin is reaching new heights of popularity, and the cryptocurrency market is booming. As a result, many people are wondering how to make money with Bitcoin. But is this time-limited fad worth investing in? Bitcoin is becoming more and more popular, but there are a number of factors that may impact its value in the near future.

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Autonomous Planning in Supply Chain: 4 Must-Haves for Next-Generation Platforms

Solvoyo

Algorithms, Automation, Architecture and Agility are the 4 Must-Haves that differentiate the next-generation of supply chain planning platforms. The post Autonomous Planning in Supply Chain: 4 Must-Haves for Next-Generation Platforms appeared first on Solvoyo.

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Comau Selects JAGGAER as Partner to Give New Impetus on the Path to Digitalized Procurement

Jaggaer

The post Comau Selects JAGGAER as Partner to Give New Impetus on the Path to Digitalized Procurement appeared first on JAGGAER.

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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.