4 Things to watch out for in Logistics in 2022
All Things Supply Chain
FEBRUARY 21, 2022
Reliable supply chains are the backbone of industry, but they have been repeatedly disrupted in recent months.
Sat.Feb 19, 2022 - Fri.Feb 25, 2022
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Companies That Weathered Supply Chain Issues, and What They Did Best
SCMDOJO
FEBRUARY 24, 2022
The global supply chain issues has caused a damaging ripple effect extending to every shore on the planet. Traditional methods of manufacturing and moving goods have become less reliable, and in particular companies that have prioritized lower costs from overseas hubs have struggled mightily. The companies that were wise enough to see the calamity coming, however, made the necessary changes to avoid catastrophe.
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3 ways procurement looks at the cost
ABC of Procurement
FEBRUARY 24, 2022
Cost, this is the most used word in procurement. Here are 3 ways procurement looks at cost. The post 3 ways procurement looks at the cost first appeared on ABC of Procurement.
Source-to-Pay (S2P) Demo
ivalua
FEBRUARY 24, 2022
The post Source-to-Pay (S2P) Demo appeared first on Ivalua.
From Reactive to Resilient: Charting Your Supply Chain Maturity
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Learn strategies to develop supply chain maturity and save on costs. In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation. Discover actionable first steps to boost your operations and reduce costs.
Supply Chain Weekly Wrap-Up 02/18/2022-02/24/2022
All Things Supply Chain
FEBRUARY 24, 2022
Unethical firms face consequences in EU supply chain crackdown A proposed European Union crackdown on ethical issues including human rights abuses and environmental breaches is being unveiled this week.
Procure-to-Pay Process: A Definition, Solutions, and Best Practices
ProcurePort
FEBRUARY 24, 2022
Are you curious about the procure-to-pay process? Yes? You’re not alone. There’s a lot to know about the procure-to-pay process. In this post, we’re going to address questions like what is the procure-to-pay process definition? What are some of the leading P2P solutions and best practices you can adopt within your own organization? If you’re […].
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
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Strategic Payments On-Demand Demo
ivalua
FEBRUARY 23, 2022
The post Strategic Payments On-Demand Demo appeared first on Ivalua.
How Project Management Tackles Supply Chain Complexity
All Things Supply Chain
FEBRUARY 23, 2022
While technology might make the world seem smaller, the current level of interconnectedness creates additional challenges from a supply chain perspective.
What is Category Management (Purchasing) and How Do You Use It?
ProcurePort
FEBRUARY 23, 2022
Category management (purchasing) in procurement refers to the grouping of related spend items together with a view of finding value opportunities. Organizations can categorize items according to any formula that fits their strategy. Categories can be vendors, country of origin, price, volume, or even frequency of purchase. Managers need to constantly minimize internal costs of […].
Watch: How Can Supply Chains Embrace Sustainability?
Supply Chain Brain
FEBRUARY 24, 2022
A discussion about the key role that supply chains play in fighting climate change and ensuring sustainability in their operations, with two analysts from Accenture: Kris Timmermans, senior managing director of strategy consulting and supply chain and operations lead, and Matias Pollmann-Larsen, sustainability lead for supply chain and operations.
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?
3 Important Artificial Intelligence Trends and Applications!
Supply Chain Game Changer
FEBRUARY 24, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Impact of Artificial Intelligence (AI) Over the Next Half Decade! Artificial intelligence will continue to develop and become, perhaps, the most productive technology for business, science and medicine. According to many analysts, Artificial Intelligence trends will affect the development of mankind more than ever the invention of the wheel or the internal combustion engine.
Traditional IBP is dead. Long live Intelligent IBP!
Supply Chain Trend
FEBRUARY 19, 2022
The evolution of Integrated Business Planning has been at a standstill for years. Traditional IBP process and planning horizon thinking, supported by traditional Advanced Planning and Business Intelligence (BI) systems, limits progress. Sure, over the years new supported planning features have been developed. Faster calculations, a nicer GUI, more simulation capability, a bit of Machine Learning and graph databases, to name a few.
Top 5 Advantages of Automating Invoice Processing
ProcurePort
FEBRUARY 22, 2022
What is your invoice processing timeline? 21 days, 14 days, 7 days? For the average SMB in America, manually processing invoices can take up to 25 days. In an age where automation exists, such invoice processing lifecycles are unacceptable, not to mention costly! So, if you’ve been wondering why to use electronic invoice management software […].
Greener Reverse Logistics Has a Missing Piece: Human Talent
Supply Chain Brain
FEBRUARY 24, 2022
With the rise in e-commerce, it has become no longer possible to park concerns about reverse logistics.
Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations
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.
9 Important Elements of Business Planning!
Supply Chain Game Changer
FEBRUARY 25, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Tips to Become a Successful Entrepreneur! So, you want to start a business of your own, but you are worried about losing your investment. Well, it may seem like a very risky move, but if you do things the right way, you can end up doing better than you did at your 9-5 job. Moreover, all the stress that you are feeling now will bear fruit if you work hard and remain consistent.
6 Ways Technology Makes the Supply Chain More Efficient
The Network Effect
FEBRUARY 25, 2022
The post 6 Ways Technology Makes the Supply Chain More Efficient appeared first on The Network Effect.
Contract Lifecycle Management Challenges and Solutions
ContractSafe
FEBRUARY 24, 2022
Contract Lifecycle Management Challenges and Solutions. Do you love motivational quotes and posters featuring adorable kittens “hanging in there”? Then you might appreciate this little gem: You can’t spell challenge without change.
What Counterfeit Masks Have Taught Us About Supply Chain Visibility
Supply Chain Brain
FEBRUARY 21, 2022
Counterfeiting can happen to any company, especially those with poor supply chain visibility. How can brands and retailers ensure the authenticity of their products?
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
Tips to Become a Successful Entrepreneur!
Supply Chain Game Changer
FEBRUARY 20, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 6 Ways to Attract Investors to Your Startup Business! There’s something about startups and the successful entrepreneur that fascinates people. Maybe it’s the idea of starting your own business with little more than an idea and a lot of hard work, or perhaps it’s the excitement of seeing that business grow and succeed.
Getting the Most out of Outsourcing
Procurement Express
FEBRUARY 22, 2022
As experts in the procurement industry, we have a wealth of experience regarding outsourcing methods. We’ve seen companies nail it when it comes to their process, and when they don’t, companies have suffered massive losses due to ignoring best practices or were outsourcing the wrong way. Not sure if you’re outsourcing the right way? Consider this article your go-to guide for outsourcing and knowing when to insource.
JAGGAER Extends Autonomous Commerce Offerings with Automated Access to TealBook Trusted Supplier Data
Jaggaer
FEBRUARY 22, 2022
The post JAGGAER Extends Autonomous Commerce Offerings with Automated Access to TealBook Trusted Supplier Data appeared first on JAGGAER.
What’s at Stake for Global Economy as Russia Standoff Escalates
Supply Chain Brain
FEBRUARY 23, 2022
A world economy that’s still recovering from COVID-19 faces new risks as the standoff between the West and Russia escalates.
Load Optimization: A Sustainable Way To Reduce Transportation Costs
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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.
What is WAX (WAXP)?
Supply Chain Game Changer
FEBRUARY 19, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Non-Fungible Token (NFT) Overview! The WAX platform provides everything you require to deploy a successful decentralized application. Whether it is a cryptocurrency-related project or the NFT marketplace (these have taken the blockchain industry by a storm recently, huh?), WAX has the tools to make your journey a successful one.
The Buyer's Quest for Prescriptive Sales
The Good Spending
FEBRUARY 21, 2022
The New Sales Imperative: Changing the Paradigm In this blog, I usually call fellow procurement colleagues to embrace an Agile mindset , open themselves up to suppliers with trust and transparency, and proactively seek value generation opportunities. Suddenly, the article "The New Sales Imperative" in Harvard Business Review unlocked a different view of buying.
Procurement 2022 Big Predictions Part 1
CPO Rising
FEBRUARY 25, 2022
For nearly a decade, our team gathers to discuss and review the prior year and lay out plans for the new one. We review, in depth, the key findings and trends from the prior years’ market research studies. We also discuss the highlights and takeaways from the previous year’s briefings delivered by solution providers, consultants, […].
'These Waters Are Hot': U.S. Auction Opens Up Offshore Wind Rush
Supply Chain Brain
FEBRUARY 21, 2022
When the U.S. last auctioned big plots of ocean to companies that wanted to build offshore wind farms a few years ago, it raked in a then-record-setting haul of $405 million. That’s set to be obliterated Wednesday, when two dozen companies compete to bid on lease areas off the coasts of New York and New Jersey as the scramble to decarbonize the nation’s electric grid heats up.
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.
How to Promote Social Networks with Content Marketing!
Supply Chain Game Changer
FEBRUARY 21, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Create a Marketing Plan Using LinkedIn! Compared to direct advertising, content marketing is a very environmentally friendly way to attract customers. When you generate interesting material, you primarily focus on creating value for your audience and broadcasting the maximum benefit.
Better Visibility for Direct Spend – Anne-Sophie Le Bloas from Ravacan
The Procuretech Podcast
FEBRUARY 22, 2022
On this week's show we're digging into the world of direct materials sourcing. It's a part of the digital procurement landscape that's been a bit neglected, except for e-sourcing tools, and my guest this week decided to do something about this. Anne-Sophie Le Bloas, Founder and CEO of Ravacan, experienced in both her native Europe and also in the US, that there wasn't much innovation out there when it came to leveraging digital tools to manage direct materials spend, and set out to remedy this.
Procurement 2022: Big Trends Part 1
CPO Rising
FEBRUARY 23, 2022
For nearly a decade, our team gathers to discuss and review the prior year and lay out plans for the new one. We review, in depth, the key findings and trends from the prior years’ market research studies. We also discuss the highlights and takeaways from the previous year’s briefings delivered by solution providers, consultants, […].
Many Climate Impact Disclosures Are a Sham. Here’s How We Fix Them.
Supply Chain Brain
FEBRUARY 24, 2022
The way in which climate-risk disclosures are currently made leads to inaccurate and misleading reports, with non-actionable metrics that are impossible to compare between companies.
How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software
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.
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