All Things Supply Chain
APRIL 29, 2022
Indonesia announces palm oil export ban The world’s top palm oil producer, Indonesia, has revealed plans to ban exports of the most commonly used vegetable oil in a shock move…
ProcurePort
APRIL 28, 2022
• Vendor management refers to the set of activities an organization undertakes to optimize its working relationship with its suppliers. • Vendor management activities involve cost management, risk management, contract negotiations, and performance evaluation. • The scope of vendor management varies with the size of a business, the number of suppliers, and the industry in […].
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ivalua
APRIL 28, 2022
The current global supply chain crisis has revealed critical issues involving the global distribution of goods and services. One of the drivers for these issues is focused around the lack of access to reliable “data”. To be of use, supply chain data must be of good quality and trustworthy. The inability to integrate data from multiple sources and the limited ability to interpret/analyze data in real time are a common set of problems facing many organizations.
SCMDOJO
APRIL 27, 2022
Managing the flow of goods within the apparel industry requires an extensive and well-established supply chain network. Since this particular industry is insanely fast-paced, any problem within the supply chain can lead to a loss of sales for the business. Supply chain management can really be a deal-breaker for an apparel business. The management of resources in the hands of a business is no small deal.
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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
APRIL 25, 2022
Supply chains can be very complex and sometimes it doesn’t take much for them to go wrong.
ProcurePort
APRIL 27, 2022
• Most people often use the terms procurement and purchasing interchangeably. • While the two terms are about acquiring goods and services, procurement professionals can point out important distinctions. • Procurement has different intentions from purchasing. To understand this, it’s important to go through the steps involved in both processes. Procurement Procurement is a detailed […].
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 Queen
APRIL 28, 2022
“Sustainability is not someone else's problem,” begins Hinish. “More than 50% of CEOs believe that business leaders must take responsibility for the business impact on communities in which they operate.” However, there still remains a gap when it comes to strategy leading to action. According to Hinish, 86% of CEOs have a sustainability strategy, but only.
Supply Chain Game Changer
APRIL 27, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Can Decentralized Finance Revolutionize the Financial Segment? This article will explain the basics of yield farming and how you can earn from it. In the past few years, Decentralized Finance (DeFi) has become one of the most important areas in the field of cryptocurrencies, while yield farming is one of the key ways traders make money in this segment of the crypto market.
ProcurePort
APRIL 26, 2022
• The procurement function is among the most critical processes in most organizations. • The procurement function entails identifying goods and services required by the organization, inquiring about their availability, and assessing suppliers based on quality, cost, and delivery conditions. • Below, we take a refined look at the difference between procurement and vendor management. […].
Supply Chain Brain
APRIL 26, 2022
"iPaaS"-enabled EDI allows users to see across their entire ecosystem in real time to manage complex supply chains, optimize processes and react to issues before they cause breakdowns.
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.
The Network Effect
APRIL 28, 2022
The post How to Make Artificial Intelligence Work in Your Supply Chain appeared first on The Network Effect.
Supply Chain Game Changer
APRIL 26, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. There are differences between winning teams and a high performance organization and losing teams. There are differences between winning companies and losing companies. Some of those differences are induced by uncontrollable factors. And while every winning team does not win all the time, and every losing team does not lose all the time, there are controllable factors which determine the predominant direction of any organizati
Fraxion
APRIL 29, 2022
Indirect procurement is a fast-moving process essential to effective business operations, large or small. After all, the key purchasing factors that make up “the 5 rights of procurement” (the right quality, quantity, place, time, and price) require many tedious, manual tasks, market research, negotiations, approvals, and an overall high level of coordination–especially if your organization processes hundreds of transactions.
Supply Chain Brain
APRIL 28, 2022
,Automation of supply chain processes has rapidly enabled the globalization of supply chains and brought new efficiencies. However, these are not new techniques, and can be somewhat of a double-edged sword.
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
SpendHQ
APRIL 29, 2022
Atlanta, April – Leading spend analytics company SpendHQ announces the release of new SpendHQ Connectors, providing procurement application integrations with numerous platforms. With organizations managing multiple data sources and platforms, this most recent release from SpendHQ ensures procurement and finance teams can connect the applications they need to their spend insights.
Supply Chain Game Changer
APRIL 25, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 8 Ways to Improve Your Warehouse Fulfillment Efficiency! Is your manufacturing business not operating to the levels you’re expecting? Are you looking for ways to increase your returns and profits? The secret lies with one dictionary word; efficiency. Efficiency will ensure that you’ll achieve high production figures while minimizing costs.
CPO Rising
APRIL 29, 2022
The 2022 State of ePayables Take the New Survey! Now more than ever, the AP function is proving just how crucial it is to maintaining business continuity and we would like to invite you to participate in Ardent Partners’ annual State of ePayables market research survey. The survey is part of our ongoing dialogue with […].
Supply Chain Brain
APRIL 28, 2022
Warning signs of supply chain disruption are often scattered across various databases, making them virtually invisible to executives.
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.
Strategic Sourceror
APRIL 28, 2022
The domino-like effect inflation has exacted on supply chains, the economy and its participants is forcing the vast majority of small-business owners around the country to do what their buyers detest: raise prices. And it may be a while before said companies can return those prices to where they were. Over the past year, more than two-thirds of small-business owners say they've increased what they charge customers for their traditional products and services, according to the results of a quarter
Supply Chain Game Changer
APRIL 29, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What are Bitcoin Wallets? There are numerous sorts of bitcoin wallets. Since it is decentralized, no one can deal with this best-in-class cash. Like this, it stands out from traditional money in that you don’t need to ask someone for a trade. In any case, you are freed from any objectives and cutoff points while using bitcoin.
EazyStock
APRIL 28, 2022
What does supply chain optimization mean? Put simply, supply chain optimization means using technology to get inventory to the right place at the right time – at the lowest cost and highest profit for your business. Supply chain optimization can be explained as aiming to minimize operating costs and streamline processes throughout the supply chain to improve efficiency, reduce risk and ensure stock availability at each stage.
Supply Chain Brain
APRIL 27, 2022
Port bottlenecks that have increased supply chain congestion because of the war in Ukraine and lockdowns in China may be showing signs of easing, according to one of the world’s biggest shipping companies.
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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.
The Good Spending
APRIL 27, 2022
My online training course " Foundations of Contracts and Outsourcing " is live on Udemy. My new online training course, " Foundations of Contracts and Outsourcing , " went live on Udemy. Foundational contract management and outsourcing course description This online training course equally suits beginners and seasoned experts who just missed classic theories and applied research to master the ground principles of contracting and outsourcing.
Supply Chain Game Changer
APRIL 29, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Critical Forklift Safety Tips! (Infographic). Electric forklifts are an excellent choice for certain applications, but they aren’t the right fit for every job. In order to help you decide if an electric forklift will work for your business, here are the pros and cons of using this type of forklift.
EazyStock
APRIL 28, 2022
What does supply chain optimization mean? Put simply, supply chain optimization means using technology to get inventory to the right place at the right time – at the lowest cost and highest profit for your business. Supply chain optimization can be explained as aiming to minimize operating costs and streamline processes throughout the supply chain to improve efficiency, reduce risk and ensure stock availability at each stage.
Supply Chain Brain
APRIL 24, 2022
A measure of prices received by U.S. manufacturers and service providers increased to a record in April as firms shifted the burden of higher wages and surging costs to customers.
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.
The Procuretech Podcast
APRIL 26, 2022
Digital transformation doesn't necessarily have to be complex. Sometimes, an end-to-end source-to-pay (S2P) solution that joins up the dots, and automates a lot of otherwise manual processes, can give a huge productivity advantage. The mid market has traditionally been underserved by procurement software, with tech companies typically going after large enterprise clients at their expense.
Supply Chain Game Changer
APRIL 25, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How to Reduce Software Development Cycle Time! To be the finest in the digital world, you need an intriguing website with distinctive and high-functioning features. The easiest way to receive such service is to hire dedicated development team. Hiring a dedicated programming staff is difficult, but necessary.
Procurement Express
APRIL 25, 2022
In today’s video, Kala Dikibo discusses how important it is to get a handle on company spend in the first 100 days of your new CFO role. Your first 100 days in a new position are a critical time, doubly so for a high-stakes role such as Chief Financial Officer. As CFO, you’ll be looking to make an impact on your organization by controlling the spending of the company and finding ways to cut costs.
Supply Chain Brain
APRIL 26, 2022
China’s stringent rules to curb COVID-19 are about to unleash another wave of summer chaos on supply chains between Asia, the U.S. and Europe.
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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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