Sat.Apr 23, 2022 - Fri.Apr 29, 2022

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Top Supply Chain Fails and what we can learn from them

All Things Supply Chain

Supply chains can be very complex and sometimes it doesn’t take much for them to go wrong.

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What is Vendor Management in Procurement?

ProcurePort

• 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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Supply Chain Data Quality & Governance

ivalua

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.

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Supply Chain Management in Apparel Industry

SCMDOJO

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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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 04/22/2022-04/28/2022

All Things Supply Chain

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…

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Is Purchasing and Procurement the Same?

ProcurePort

• 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 […].

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It’s a Generational Thing: Attracting Workers to Staff the Supply Chain

Supply Chain Brain

New generations of warehouse workers are not motivated purely by wages.

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Yield Farming From A to Z!

Supply Chain Game Changer

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.

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Difference Between Procurement and Vendor Management

ProcurePort

• 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. […].

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Breaking Down Barriers to Sustainability: Supply Chain and Procurement Live Keynote

Supply Chain Queen

“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.

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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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A Missing Link in the Pursuit of Supply Chain Resilience

Supply Chain Brain

Warning signs of supply chain disruption are often scattered across various databases, making them virtually invisible to executives.

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Our Top 10 High Performance Organization / Cultural Change Articles!

Supply Chain Game Changer

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

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How to Make Artificial Intelligence Work in Your Supply Chain

The Network Effect

The post How to Make Artificial Intelligence Work in Your Supply Chain appeared first on The Network Effect.

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When and why it's time to consider an automated procurement system

Fraxion

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.

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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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Global Supply Chain Crisis Flares Up Where It All Began

Supply Chain Brain

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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Make Your Manufacturing Business More Efficient!

Supply Chain Game Changer

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.

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SpendHQ Announces Connectors For Application & Data Integration

SpendHQ

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.

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The State of ePayables 2022 Survey is Now Open

CPO Rising

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 […].

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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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Building Security Into Your Digital Supply Chain

Supply Chain Brain

,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.

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A Marketer’s Secret Weapon: Free Instagram Link Video Download!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Private Instagram Story Downloader! For many, social networks are a place where you can relax, look at photos of friends, find entertainment or discuss an interesting topic. Every day, thousands of people start their morning by reaching for their smartphones and checking their Instagram feed.

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Inflation causing most small businesses to raise prices

Strategic Sourceror

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

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A guide to optimizing your supply chain

EazyStock

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.

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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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New Approach to EDI Can Offset Supply Chain Pressures

Supply Chain Brain

"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.

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Types of Bitcoin Wallets!

Supply Chain Game Changer

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.

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My Online Training Course on Udemy: Foundations of Contracts and Outsourcing

The Good Spending

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.

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A guide to optimizing your supply chain

EazyStock

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.

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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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Major Shipping Firm Sees Signs of Supply Chain Bottlenecks Easing

Supply Chain Brain

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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Hiring a Software Development Team – Pros and Cons!

Supply Chain Game Changer

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.

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Source-to-Pay in the Mid-Market – Frank Schmidt from Onventis

The Procuretech Podcast

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.

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Your First 100 Days – Controlling Costs

Procurement Express

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.

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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.