Sat.Nov 16, 2019 - Fri.Nov 22, 2019

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Procurement 2020… Will anything change?

All Things Supply Chain

It seems as though procurement has been anticipating the arrival of 2020 since the minute the ‘Y2K’ buzz wore off.

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Getting the Right Eyes on your Reverse Auction

ProcurePort

Ensuring you are able to get the right eyes on your reverse auction services will be crucial for you to develop and maintain lasting relationships with suppliers and vendors. To assist you further, we have broken down for you the four key steps you will need to execute and implement in order to successfully attract […]. The post Getting the Right Eyes on your Reverse Auction appeared first on ProcurePort Blog.

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Art of Procurement Podcast – Harmonizing Global Procurement Processes And Technology At Deutsche Telekom

ivalua

The post Art of Procurement Podcast – Harmonizing Global Procurement Processes And Technology At Deutsche Telekom appeared first on Ivalua.

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Mitigate Seasonality and Other Logistics Disruptions with TMS Supporting Predictive Analytics

Supply Chain Collaborator

Where is the freight market heading and how can a shipper be prepared to address changes as they occur in real time? More importantly, how does a shipper synthesize the seemingly endless stream of conflicting market analysis into proactive plans that avoid simple, reactive responses to the often confusing and counter-intuitive moves in the market? . – Realize the goal of cutting through the static using analytics as a “knife” in your TMS. – Choose technology that supports operating

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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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Five Questions to Ask About Third-Party Vendors and Cybersecurity

Supply Chain Brain

From marketing consultants and supply-chain partners to accountants and IT service providers, organizations today depend on all kinds of third parties for virtually every conceivable business function.

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What to Expect from Cutting-Edge RFQ-RFP-RFI Software

ProcurePort

Technology is redesigning business landscapes as we know them across the board. Businesses that fail to adapt to instant market changes and fluctuations will not cope with operating how they originally have been in the new competitive climate. RFQ, RFP and RFI software provides the ultimate leveraging tool for businesses that seek a streamlined, efficient […].

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Leveraging a Multi-Party Network Platform for Supply Chain Apps

The Network Effect

The post Leveraging a Multi-Party Network Platform for Supply Chain Apps appeared first on The Network Effect.

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Why Pharma Supply Chains Must Go Digital: Six Questions to Consider

Supply Chain Brain

If technology-enabled visibility isn’t built into the pharma supply chain today, then manufacturers, distributors, wholesalers, shippers and pharmacies risk significant losses.

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INFOGRAPHIC – What is Inventory Optimization?

Slimstock

Are your warehouse shelves spilling over, or overly bare? Learn how to spot stock problems and see how inventory optimization with Slimstock can save you money and make unhappy coworkers happy again! Slimstock has been helping companies like yours lower inventory costs while increasing customer satisfaction for 25 years. Our inventory management software is used by over 900 customers worldwide to free up capital and simplify the ordering process.

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5 Ways to Improve Logistics Management! (Infographic)

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What’s the Difference Between Freight Management and Logistics Management? Article originally published by, and permission to publish here provided by, Victor at excelsior.ph. Logistics refers to the detailed coordination of a complex operation that involves people, facilities and supplies.

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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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Proactive Management of Agencies throughout the Product Life Cycle

Ms. Category Management

Agencies - Best practices when managing creative and strategy ad agencies throughout the product lifecycle.

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How Consumer-Products Companies Are Wasting Their Digital Spend

Supply Chain Brain

Digital transformation within the supply chain is well underway. But consumer-products companies are lagging many other industries in progressing toward that goal.

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Improve Forecasting Accuracy: How to Manage Demand Outliers

EazyStock

What is Forecasting Accuracy? Forecasting accuracy is the process of calculating the accuracy of your inventory demand forecasts by comparing the original forecast with the actual demand for those items. Forecasting accuracy can be affected by ‘outliers’ or ‘fliers’ in the data. An outlier is a data point that is not considered to be part of the overall pattern of demand for a product.

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Same Day Delivery Benefits for Small Business! (Infographic)

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Same Day vs Next Day Delivery … What’s the Difference? (Infographic). Article and infographic, and permission to publish here, provided by Bryce Battle at siegemedia.com. Believe it or not, the world is shrinking. For clarification, the world is not physically shrinking, but instantaneous communication definitely makes the world seem like it can fit in the palm of your hand.

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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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Why Procurement Needs a More Agile Mindset

Jaggaer

When it comes to delivering successful digital transformation, procurement needs to change its mindset. Apologies if that sounds a little provocative, but it is an opinion based on 20 years of experience that straddles both the procurement function and software implementation projects. A lot has changed in those two decades, on both sides. In the old days, software development projects were based on an approach that goes back even further to the sixties and seventies, when they had a much narrow

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Getting Your Holiday ‘Stocking’ Right: Seasonality’s Impact on the Supply Chain

Supply Chain Brain

For many businesses, planning for seasonal demand can make or break their profitability for the year.

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How to Manage Obsolete Stock in Your Inventory

EazyStock

What is Obsolete Stock? Obsolete Stock is a term that refers to inventory that has reached the end of its product life cycle. In this stage of the product life cycle, there is no market demand for the product. Companies that have not accurately forecasted a decline in demand or effectively reduced their stock replenishment policies often times are left with large quantities of obsolete stock in their warehouses.

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What is Deep Learning? And What Does it Mean for Supply Chain?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Preparing Business for the Digital Supply Chain! (Oracle Interviews Mike Mortson). When I start writing text messages or emails these days I automatically receive prompts for the next words that I may want to use, or even phrases to complete my sentence, as I’m typing. The word and phrase suggestions are ones that are consistent with the type of language I would use.

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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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Supply Chain Weekly Wrap-Up: 11/15/19 – 11/21/19

All Things Supply Chain

UPS to improve precision logistics Early next year UPS will launch its UPS Premier service, which will use sensors that can track medical packages at all times.

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Kronos Group and Ivalua join forces to optimise H.Essers’ Purchase2Pay & Contract Management

ivalua

Paris, France – 20 November, 2019 – Ivalua, a global leader in Cloud Spend Management solutions and its key consulting partner Kronos Group have joined forces to successfully deliver Purchase2Pay & Contract Management at H.Essers, a major logistics service provider. The project has streamlined processes from purchase to payment at an international level.

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Remove Forecast Uncertainty with BANTER

Slimstock

Improve Forecast Accuracy by Uniting Your Sales and Supply Chain Teams. Creating an accurate and reliable forecast that keeps service levels high without tying up too much working capital is the goal of every forecasting and supply chain team. Working against them is the ever-present threat of uncertainty caused by forecast errors. While it's not possible to remove all uncertainty from your forecast, keeping your Sales and Supply Chain teams aligned is necessary to minimize uncertainty caused by

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Art of Procurement: The Current State of Digital Readiness – Mastering the Supply Chain Data Challenge

ivalua

The post Art of Procurement: The Current State of Digital Readiness – Mastering the Supply Chain Data Challenge appeared first on Ivalua.

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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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Ensuring Supply Chain Continuity in a World Full of Uncertainty An Industry Week Special Report

ivalua

The post Ensuring Supply Chain Continuity in a World Full of Uncertainty An Industry Week Special Report appeared first on Ivalua.