All Things Supply Chain
MARCH 16, 2022
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.
ProcurePort
MARCH 15, 2022
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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ivalua
MARCH 16, 2022
Tightening the Alignment between Procurement and Corporate Leaders . Using procurement as a catalyst for change . In a recent webinar with PricewaterhouseCoopers (PwC), we compared 3 different global studies where Procurement and C-level Management stakeholders addressed digitalization, risk, and ESG. . The results from PwC’s Digital Procurement Survey, The CEO Survey, and The Fraud Survey revealed surprising differences between Procurement top priorities versus Corporate Board Member goals. .
Supply Chain Brain
MARCH 14, 2022
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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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.
All Things Supply Chain
MARCH 14, 2022
The logistics and warehousing markets are growing and changing fast. For 3PL providers, this change presents some serious opportunities.
ProcurePort
MARCH 17, 2022
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 […].
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Supply Chain Brain
MARCH 13, 2022
Manufacturers and distributors can no longer afford to view the supply chain as a strictly internal function that stands apart from customers.
ivalua
MARCH 17, 2022
The post Purchase-to-Pay Performance Study appeared first on Ivalua.
ProcurePort
MARCH 16, 2022
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 […].
Supply Chain Game Changer
MARCH 14, 2022
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.
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.
Supply Chain Brain
MARCH 14, 2022
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.
Supply Chain Trend
MARCH 13, 2022
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.
Zycus Cognitive Procurement
MARCH 17, 2022
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.
Supply Chain Game Changer
MARCH 17, 2022
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.
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
Supply Chain Brain
MARCH 16, 2022
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.
The Procuretech Podcast
MARCH 15, 2022
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?
CPO Rising
MARCH 16, 2022
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 […].
Supply Chain Game Changer
MARCH 16, 2022
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.
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.
Supply Chain Brain
MARCH 15, 2022
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.
Sourcing Solved
MARCH 15, 2022
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
Procurement Talk with David Byrne
MARCH 15, 2022
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.
Supply Chain Game Changer
MARCH 18, 2022
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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Supply Chain Brain
MARCH 16, 2022
Customer demands for efficient last-mile delivery of e-commerce orders didn't slacken during the pandemic, and will only grow more intense in the years to come, says Manil Uppal, co-founder of Delivery Solutions.
Barkers Procurement
MARCH 15, 2022
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
SupplyShift
MARCH 15, 2022
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
Supply Chain Game Changer
MARCH 18, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Online Payment Protection Tips for Merchants! ECommerce payment processing is the process of accepting electronic payments for online transactions. Internet-based shopping and banking have immensely grown over the years. Therefore, eCommerce payment processing has become vastly popular.
Advertiser: GEP
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.
Supply Chain Brain
MARCH 13, 2022
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.
Solvoyo
MARCH 15, 2022
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.
Jaggaer
MARCH 15, 2022
The post Comau Selects JAGGAER as Partner to Give New Impetus on the Path to Digitalized Procurement appeared first on JAGGAER.
CPO Rising
MARCH 18, 2022
Publisher’s note: We invite our procurement readers interested in services procurement, contingent/extended workforce staffing, talent, and the future of work to visit our sister site, The Future of Work Exchange. A special “guest” post by Christopher Dwyer, Managing Director of The Future of Work Exchange. In some regards, it feels like it was just yesterday. […].
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Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.
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