Sat.Nov 21, 2020 - Fri.Nov 27, 2020

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Unique Challenges of Small Parcel in the 2020 Holiday Season

All Things Supply Chain

Like everything else in 2020, we can expect the holiday shopping season to come with unique challenges. Not only are pandemic shutdowns ongoing, but some parts of the U.S.

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What are the best Supply Chain Strategies for 2021

ivalua

Supply Chain Strategies: What the Pandemic Has Taught Us So Far? In a blog at the very start of the COVID-19 outbreak when confirmed cases had just exceeded 40,000, we discussed the considerations for organizations facing the outbreak. Now nearly 10 months later as many industrialized nations are facing a new peak in infections, it is a good time to review these recommendations, take stock of what we have learned, and discuss how organizations can prepare for this new spike.

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What is Sourcing? Your Procurement Guide

ProcurePort

A lot of people often use the terms procurement and sourcing interchangeably. While they are indeed linked, they are quite distinct processes in themselves. Procurement is best described as the business of obtaining the raw materials needed by a company. Sourcing, on the other hand, is the operational process concerned with finding and vetting all […].

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Watch: The Outlook for Holiday Retail in 2020

Supply Chain Brain

Eric Fisch, national sector head for retail and apparel with HSBC Bank USA, offers a preview of how retailers will fare in the coming peak shopping season.

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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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Supply Chain Weekly Wrap-Up 11/20/2020 – 11/26/2020

All Things Supply Chain

Corona Crisis: Massive Delivery Bottlenecks for Goods from China to Europe Companies in Europe who are dependent on supplies from China are worried about bottlenecks and increasing prices in the…

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Strategic Procurement: 4 Tactics for Economic Recovery in 2021

ivalua

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up. When Covid-19 hit, supply chains across the globe nearly came to a halt. Procurement’s value became evident, as did the importance of the supplier relationships they had built.

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Five Strategies for Competing With Big Retailers on Black Friday

Supply Chain Brain

In this year's peak holiday shopping season, online retailers are bracing themselves for ever-aggressive competition, the need to navigate mass inventory, and supply-chain disruptions.

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Qatar Trade Summit 2020 – A Virtual Event

All Things Supply Chain

Amidst the impact of a global pandemic, the private sector and international trade opportunities in Qatar have shown robust growth and diversification in all sectors.

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Paris 2021 – FR – Intro

ivalua

Comme l’a démontré la COVID-19, les organisations ne peuvent pas fonctionner sans chaînes d’approvisionnement efficaces – et à la suite de la pandémie, la fonction d’approvisionnement a été reconsidérée comme jamais auparavant. Dans tous les secteurs et dans le monde, les responsables des achats des organisations gagnantes ont gagné une place dans l’agenda de la salle de conférence.

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Supply Chain Gone Viral! The Pandemic Diaries (Ebook)

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. GET our EBOOK HERE. 2020 will be remembered for one thing, if nothing else, the Covid-19 Coronavirus global pandemic. While you previously would have occasionally heard about the potential of a pandemic most of us could not have comprehended how disruptive and catastrophic a full-blown pandemic could be.

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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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Amazon Will Conduct Counterfeit Inspections With U.S. Agency

Supply Chain Brain

Amazon is working with a government counterfeit watchdog to conduct inspections of suspected fake goods at U.S. ports of entry — the company’s latest attempt to excise bogus products from its web store.

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How Does Industrial Espionage Affect Global Supply Chains

All Things Supply Chain

Industrial espionage is not a new concept.

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2021 Will Give Way to Big Changes in Supply Chain Practices 

ivalua

The onset of the coronavirus epidemic has accelerated the supply chain digital transformation that has languished on businesses’ “to-do” list for years. It would be hard to overstate the impact of Covid-19 on organizations of practically every type. Industries that were prospering until last year are in bankruptcy now. Customer demand for a wide range of consumer goods has abruptly shifted.

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The Power of Workplace Appreciation!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Boost Employee Engagement in Supply Chain! GET our EBOOK HERE. Workplace appreciation article and permission to publish here provided by Grant Kamperschroer. Let us conduct a survey: how happy would you say your employees are? Do they like their work? Do you believe they feel recognized and appreciated for their work?

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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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Peas and Lentils Are the Latest to Be Hit by Container Squeeze

Supply Chain Brain

A shortage of containers at Vancouver’s port is slowing Canada’s exports of lentils and peas, the latest ripple in a phenomenon that has roiled trade.

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Leveraging Category Dashboards & Analytics to Mitigate Supply Risk

Empowering CPO

Commodity markets like paper, sugar, chemicals, metals, or any other segment like energy are highly volatile in terms of prices and demand / supply gaps. This impacts the production cost for suppliers where these commodities are used as raw material. These costs further percolate down to the entire supply chain. Category Dashboards are an important tool to track these price fluctuations and supply / demand gap of specific commodities or a related category.

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Healthcare Procurement: Why the Healthcare Industry Needs to Modernize Supply Chains to Meet Today’s Challenges

ivalua

Healthcare Procurement: Why the Healthcare Industry Needs to Modernize Supply Chains to Meet Today’s Challenges. Healthcare providers, more than most, are continuously under pressure to manage costs and do so in a market where physicians and their patients expect more. That is why it is no surprise that 98% of all U.S. hospitals use the combined purchasing power of group purchasing organization, or GPOs, to save money.

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Get the Biggest Bang for Your Freight Budget Dollar!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Do You Have Hidden Freight Costs? Freight Budget article and permission to publish here provided by Adam Robinson at Freightwaves. Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. As the industry struggles to recover from the unprecedented global events of 2020, recognizing budget limitations is essential for industry growth and success.

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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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Guardhat Releases Smart Glasses Based Solutions for Front-Line Workers

Supply Chain Brain

Guardhat, an industrial IoT technology company, recently announced the release of their new smart glasses-based solutions that ensure the safety and productivity of front-line workers.

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5 Success Factors in Effective Omnichannel Planning

Solvoyo

It’s that time of the year! Black Friday is here. But this year, luckily, we will not have to set up our camping tents in front of our favorite stores. . Online shopping has been on a steady rise since 2010. With the global pandemic, it became a necessity. Consumers who realized the ease of use of online shopping – choosing items from the warmth of their seat and having them delivered in a couple of days – gained a new habit.

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Compliance and Third Party Risk Management: How to turn the burden of compliance with financial regulation into a competitive advantage?

ivalua

The post Compliance and Third Party Risk Management: How to turn the burden of compliance with financial regulation into a competitive advantage? appeared first on Ivalua.

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Procurement Predictions for 2021 - Claritum

Claritum

Claritum’s top ten 2021 predictions for Procurement. B2B Marketplaces, where you can create your own networked members area within a public platform, will become more prevalent. To combat issues of trading during significant supply chain disruptions. Medium sized organisations will use procurement automation and buyer portals in the cloud, to address concerns of spend management, remote working and data security.

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The Ultimate Guide to Transportation and Load Building Optimization

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.

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Puma’s Newest DC Improves Service Levels

Supply Chain Brain

In the fast-moving sportswear market, one must be nimble to stay ahead of the competition. The increasing popularity of online shopping, accelerated by the COVID-19 pandemic, has brought entirely new challenges to retailers such as athletic and casual wear seller Puma. And the company has recently done some fancy footwork to make sure it stays in an omnichannel marketplace, now and far into the future.

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Duncan Jones Discusses Procurement Past, Present & Future

Jaggaer

The post Duncan Jones Discusses Procurement Past, Present & Future appeared first on Jaggaer.

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Paris 2021 – EN – PAS

ivalua

Pascal Bensoussan Chief Product Officer. Pascal brings 23 years of experience leading product strategy and development at Enterprise SaaS companies, driving rapid growth by delivering innovative products that delight customers. He has built a deep expertise in bringing to market elegant, innovative, and highly-differentiated solutions addressing high scale, high stake enterprise challenges, typically involving complex technology, big data, machine learning, and a large ecosystem of partners.

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Reap The Benefits Of Autonomous AP Processes By Going Touch less Today

Zycus Cognitive Procurement

The accounts payable process team in any organization is often seen burdened with a high volume of invoices piling up on their desk. However, manual processes has lead to increased invoice processing time. Hence, this has also resulted in incorrect payments, inefficient invoice data capturing, etc. . But here is the good news, with the advent of AI, the entire accounts payable processes can be automated , making it streamlined and efficient.

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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.

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DHL Expands San Juan Cold Chain Facility

Supply Chain Brain

DHL Global Forwarding, Deutsche Post DHL Group’s air and ocean freight specialist, is expanding its Certified Life Science Station in the city of San Juan, Puerto Rico by investing in additional cold storage space and technology for the life sciences and healthcare sector.

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Aligning with Finance for Savings on Indirect Spend: Pauline King

ProtoCast

Another great episode of ProctoCast for you today, this time examining the prickly issue of how to get indirect procurement savings recognised by finance. Reporting savings on direct materials is easy because most companies use Purchase Price Variance, or PPV. On indirect, as we know, it's not that simple. Especially if spend is not repeatable, or it's scattered around multiple areas of the business.

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Paris 2021 – FR – PAS

ivalua

Pascal Bensoussan Chief Product Officer. Pascal apporte ses 23 années d’expérience dans le domaine de la stratégie et du développement de produits dans les entreprises Enterprise SaaS, encourageant un développement rapide en offrant des produits innovants qui raviront les clients. Il a développé une expertise en apportant sur le marché des solutions élégantes, innovantes et hautement différentiées adressant les défis à grande échelle et à hauts risques auxquels font face les entreprises, u

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Paris 2021 – FR – David L Loseby

ivalua

David L Loseby CPO, CONSEILLER, AUTEUR ET CONFÉRENCIER. – Qualifications professionnelles ; MCIOB (Chartered), FCMI, FAPM, FCIPS Chartered, MIoD, FRSA. – Conseil d’administration mondial du CIPS (élu le 1er novembre 2018). – Co-rédacteur/auteur pour UMIST MSc Pharmaceutical Engineering. – Il prépare actuellement un doctorat en sciences du comportement à l’université d’East Anglia (Royaume-Uni). – Auteur – Soft skills for hard business, Cambri

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The Evolution of Control Towers to Command Centers

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.