Sat.Apr 03, 2021 - Fri.Apr 09, 2021

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The Widely Felt Impacts Of Computer Chip Production: What It Means For The Supply Chain

All Things Supply Chain

The COVID-19 pandemic has brought many lasting effects.

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Procurement strategies shifting to restore growth post-COVID-19, reveals Ivalua research

ivalua

Ensuring supply chain continuity, identifying new revenue opportunities, and improving decision making are key focuses as firms recover from the pandemic. 8 April, Redwood City, CA – Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on restoring growth.

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The IT Supplier Management Process – A Look at IT Vendor Management

ProcurePort

IT, or information technology, is an essential department of every organization. Especially in today’s digital era, modern businesses need to invest in an IT vendor or create in-house solutions themselves. Oftentimes, though, businesses choose to outsource IT services and bring in external teams. This makes IT supplier management a must. As such, the responsibilities revolved […].

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ETQ Announces Enhancements to their Reliance NXG Quality Management System

Supply Chain Brain

ETQ, a global SaaS provider, has recently announced Reliance NXG, an update to their quality management software for customers in manufacturing, life sciences, electronics, food and beverage, automotive, aerospace, and additional industries.

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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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Writing an Impressive Resume!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Minute Job Interview Tips for Success! Impressive resume article and permission to publish here provided by Jessica Fender. The supply chain industry is highly competitive and crowded. People are fighting their way up the professional ladder, and it can be quite a challenge to secure your spot.

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Procurement Strategies Shifting to Restore Growth Post-COVID-19, Reveals Ivalua Research

ivalua

Ensuring supply chain continuity, identifying new revenue opportunities, and improving decision making are key focuses as firms recover from the pandemic. 8 April, Redwood City, CA – Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on restoring growth.

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How COVID-19 Will Cause Permanent Changes in Manufacturing Strategies

Supply Chain Brain

In this conversation with SupplyChainBrain Editor-in-Chief Bob Bowman, Tony Uphoff, President and Chief Executive Officer of ThomasNet, reveals the findings of the company’s latest North American Manufacturing Trends report, covering the fourth quarter of 2020.

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Considerations Before Investing in Bitcoin!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Earn Money with Bitcoin! Investing in Bitcoin article and permission to publish here provided by Jean Nichols. How will anyone determine whether one should invest in cryptocurrencies or the philosophy behind the same purchase securities when there is too much noise and misleading knowledge about it?

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3 Ways Procurement Can Help Grow Revenues (Part 1)

ivalua

Procurement’s role and status has been on an upward trajectory for many years, accelerating during the COVID-19 crisis. CEOs increasingly understand that how they spend and manage their suppliers can support a broad range of objectives. But there is one general exception. Procurement has remained an afterthought at most organizations when the topic shifts to growing revenue.

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What is The Best E-Procurement System for SMEs?

ProcurePort

SMEs, or small-to-medium-sized enterprises, are an important aspect of the economy. While every nation has a slightly different approach to their categorization and classification, they retain global significance for a variety of reasons. One of those reasons is simply due to numbers. SMEs plainly outnumber big businesses, and handily at that. In turn, this means […].

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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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Five Ways to Weather Supply-Chain Disruptions

Supply Chain Brain

Companies risk losing more than 40% of annual profit once a decade in a world threatened by trade wars, cyberattacks, pandemics and climate change.

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AI Is Here to Automate the Knowledge Worker!

Supply Chain Trend

This article is my commentary on an article published in Foresight , written by the authors of the book Humachine: Humankind, Machines, and the Future of Enterprise (Sanders & Wood, 2020). For the original Foresight article and other commentary, you can go here. INTRODUCTION: A NEW ERA. The authors of The Humachine make a valid point that enterprises should not focus on artificial intelligence (AI) alone if they wish to leap forward in automation, productivity, and competitiveness while stay

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3 Ways to Drive Value Through Supplier Diversity

ivalua

Supplier diversity is not a new concept. Many organizations have had some form of program in place for many years, with a myriad of agencies certifying vendors for one of many possible types of diversity. Yet the scale of such programs has generally been very limited. The real challenge is that supplier diversity has generally been viewed as competing with other objectives, such as cost reduction or lowering risk.

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JAGGAER Named a 2021 Gartner Peer Insights Customers’ Choice for Procure-to-Pay Suites

Jaggaer

The post JAGGAER Named a 2021 Gartner Peer Insights Customers’ Choice for Procure-to-Pay Suites appeared first on JAGGAER.

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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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The Impact of Robotics on Supply Chain 2.0

Supply Chain Brain

Business owners and supply-chain professionals are understanding more and more the power of automation and robotics.

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EStore Order Fulfillment Acceleration Strategies

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Featuring Our 10 Best Warehouse Order Fulfillment Articles! Get Our EBOOK HERE. EStore order fulfillment article and permission to publish here provided by Carl Torrence. With the launch of Amazon’s Prime Membership back in 2005, the rules of the ecommerce game changed. Amazon Prime offered free two-day and cost-effective one-day/overnight delivery options; exclusive to their members.

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What is Contract Lifecycle Management (CLM)?

ivalua

A Guide to Contract Management Tools and Processes including a guide to the key steps of the Contract Lifecycle Management Process and to the benefits that using Contract Management software can bring to your Procurement processes. An Overview of Contract Lifecycle Management. Contract lifecycle management is the management of a company’s end-to-end contracting process with its suppliers, customers and other third parties.

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Solving the Digital Adoption Crisis

Jaggaer

The post Solving the Digital Adoption Crisis appeared first on JAGGAER.

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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: How Will Big Retailers Correct Their Supply Chains After the Pandemic?

Supply Chain Brain

Andrew Hogenson, global head of consumer goods, retail and logistics with Infosys Consulting, offers insight into the big-box retailing landscape when the pandemic subsides, and how retailers will have to adjust.

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The Single Point of Failure in Supply Chain – The Suez Crisis!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chain Risk Management is a Cirque Du Soleil Calibre Act! GET our EBOOK HERE. In March of 2021 the world was astonished when a large cargo ship, the Ever Given, became stuck in the Suez Canal. Virtually everyone is oblivious to the movement of any single cargo ship around the world.

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Que aporta una solucion “Source-to- Pay” y como sacarle el maximo rendimiento?

ivalua

The post Que aporta una solucion “Source-to- Pay” y como sacarle el maximo rendimiento? appeared first on Ivalua.

Sourcing 130
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Get your Statement of Works Right or Pay the Price

World of Procurement blog

Many of you will know that I’m a straight-up procurement nerd. I would say that I’m a Contract Procurement Nerd who loves to fuse both the legal elements with the practical, straight-talking elements of Procurement. At this intersection, I often find the Statement of Work (often abbreviated to SoW). The Statement of Work is the main document that sets out the specific activities the parties to the contract will undertake whereas the contract will set out the framework to govern these obligations

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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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Watch: How Satellites Are Managing the Vaccine Cold Chain

Supply Chain Brain

Steven Tompkins, director of sector development for agriculture and rail with Inmarsat, discusses the role of satellite communications in ensuring that shipments of the COVID-19 vaccine remain at designated temperatures for safe transport and delivery.

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BRIGHT by Claritum goes Beta

Claritum

“BRIGHT by Claritum is the very latest in B2B Marketplaces.”,” said Prof. Richard Hillum, Executive Chairman at Claritum. “A BRIGHT marketplace enables remote trade for small and medium sized Enterprises within Networking groups.”. Bright by Claritum allows you to create your own buyer and supplier collaborative network group, within a wider ecosystem of buyers and suppliers.

Buyers 41
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AMER 2021 – TCS – Agenda

ivalua

Vijay Mutter. Head – Enterprise Transformation for Hi-tech Business. Roundtable Discussion. Touchless Procurement. We believe that Source-to-Pay, processes can be touchless. In the modern world there are number of touchpoints during these processes. We put an army of people to handle these touchpoints. Use of NextGen solutions enabled with digital technologies will make these processes truly touchless and reduce the human interventions.

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Procurement Doesn’t Need Legal for Contract Reviews

World of Procurement blog

Hey Procurement Pros, are you struggling with the speed of your Contract Reviews as Legal is holding you up? If so, you might find some insights here that are going to help you out. You need to simplify the entire process, empower your staff and get a position agreed upon within the Business as to what the Contracts you sign up to entail. You might find this statement odd but you don't need a lawyer to review your contracts in procurement.

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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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Locus Launches Automated Supply Chain Decision-Making Platform

Supply Chain Brain

Locus, a global B2B SaaS company, has announced the release of Locus NodeIQ, an automated supply chain decision-making platform that enables companies to perform end-to-end network and inventory optimization.

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Supply Chain Weekly Wrap-Up 04/02/2021 – 04/08/2021

All Things Supply Chain

Heinz ketchup shortage due to COVID-19 The latest shortage due to the Coronavirus pandemic is ketchup, and it’s hitting America’s most popular brand, Heinz, with shortages at chains like Long…

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AMER 2021 – Nitor – Agenda

ivalua

Ken Cavassi. Roundtable Discussion. Boost Capital Efficiency Alongside Your Procurement Transformation. We know procurement transformations can deliver cost savings and efficiencies; did you know they can also unlock working capital – the largest component of invested capital in corporations? Join us to discuss how working capital initiatives can synergize your digital procurement transformation and maximize your organization’s potential through an integrated operational improvement program.

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Procurement Innovation with Raj Verma featuring Jonathan Townsley

Procurement Innovation with Raj Verma

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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.