Sat.Dec 14, 2019 - Fri.Dec 20, 2019

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Lessons from the Latest Forrester Wave Reports

ivalua

Alex Saric, CMO, Ivalua. This month Forrester published 2 major Wave reports, which together span the full Source-to-Pay process. The first, authored by Duncan Jones and published on December 10, is The Forrester Wave™: eProcurement Platforms, Q4 2019 , which covers purchasing and invoicing (similar scope to Gartner’s P2P Suites Magic Quadrant ). The second, authored by Andrew Bartels and published on December 18, is The Forrester Wave™: Source-To-Contract Suites, Q4 2019.

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E-marketplace: Choosing Custom Solutions for Building Your Brand

ProcurePort

People gathering to buy and sell goods was the very foundation of the first cities and civilization as we know it today. However, going to the marketplace was a logistic endeavor. It meant leaving the area of production and traveling distances. Nowadays, people don’t have to leave the production or the comfort of their homes. […]. The post E-marketplace: Choosing Custom Solutions for Building Your Brand appeared first on ProcurePort Blog.

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Supply Chain Lessons from Santa Claus

All Things Supply Chain

The Christmas holiday season is in full swing and it’s this time of the year that proves busiest for supply chain managers.

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Dip a Toe in TMS – Engage UltraShipTMS for “Expedite Only” Pilot

Supply Chain Collaborator

TMS Success Tip. Making the decision to engage a new TMS platform is a heavy lift requiring buy-in and sign-off from numerous internal stakeholders beyond the logistics department (Legal, Procurement, IT, C-suite, etc.). Learn How to: Avoid the struggle of gaining capital approval for a full-blown TMS implementation. Instead, consider dipping a toe into the water by starting with an “expedite only” pilot program to automate ONLY your expedited/spot market freight movements.

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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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12 Ways To Get Control Over Supplier Master Data

ivalua

Jarrod McAdoo, Senior Product Marketing Manager, Ivalua. Procure-to-pay (P2P) automation and analytics won’t work very well without accurate supplier master data. Yet that goal — data accuracy — remains a considerable challenge for many Procurement and Accounts Payable organizations. This Gartner report, “Gain Control Over Your Supplier Master Data Before It’s Too Late,” has lots of ideas for improvement.

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How Reverse Auction Services Avoid Procurement Hiccups

ProcurePort

What is a Reverse Auction? Reverse auction services are occasions, whereby the buyer and the sellers play an exchanged role. Here, the buyer puts up a price, and the sellers offer their services and products. The lowest price gets the auction. The standard auction is slightly different from the Reverse Auction – not categorized differently, […].

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A Brief History of Digital Transformation

The Network Effect

The post A Brief History of Digital Transformation appeared first on The Network Effect.

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The Secret to Effective Supplier Onboarding – Tiering 

ivalua

Vishal Patel, VP Product Marketing, Ivalua. One size does not fit all when it comes to supplier onboarding. Best practices have evolved to a tiered approach that segments suppliers and adapts to dynamic business needs. . A tiered approach to supplier onboarding helps Sourcing and Procurement leaders develop a sensible list of checks and resources. Among other things, this prevents redundancies when suppliers get asked the same questions by multiple departments. .

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Leveraging Data in a Digital Transformation: Lessons from JAGGAER’s Fireside Chat

Jaggaer

Digital procurement platforms are capable of producing incredible amounts of data, from spend history to supplier scores , delivery rates and more. But such massive amounts of data can easily lead to a new generation of questions. What do all these numbers really mean? How can I put them to good use? Which data can I trust? . At REV2019 , JAGGAER hosted a fireside chat panel discussion with several procurement professionals to discuss these exact dilemmas and gather expert opinions.

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3 Challenges Facing Supply Chain in the Next 5 Years!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Imagining the Supply Chain of the Future! Article written for Supply Chain Game Changer by Ralf Llanasas at heroicsearch.com. It can sometimes feel as though our commercial landscape is in a constant state of flux. Whether due to frequent changes in technology, attitudes of consumers, or shifts in working practices, this can breed both an exciting sense of competition, as well as uncertainty.

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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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Unleashing the Power of the Industrial Internet of Things

Supply Chain Brain

The industrial internet of things is still considered a cost-containment strategy rather than a revenue driver, recent research shows.

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How Procurement Can Add Value To Supplier Master Data Management

ivalua

Jarrod McAdoo, Senior Product Marketing Manager, Ivalua. Master supplier data doesn’t just matter to Procurement. It plays a role in a number of necessary business functions and is a key enabler of automation throughout the Procure-to-Pay (P2P) process. Accurate supplier data is the fuel that drives critical business processes that impact the bottom line.

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How to Avoid the Pitfalls of Procurement SaaS Implementation

Jaggaer

Procurement departments are under pressure to transform their processes digitally. Software as a Service (SaaS) makes it easier, because the underlying software is available over the cloud with transparent pricing models. Yet things can easily go wrong. We look at the main pitfalls and how you can circumvent them. Download our free white paper, “ Why Agile Implementation Makes Sense for Procurement ”.

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Retail sustainability during the holidays

SupplyShift

U.S retailers are proclaiming 2019 as the “apocalypse”—nearly 9,500 stores have closed their doors this year. That list includes discount stores like Family Dollar and Kmart, clothing stores like Forever 21, and pharmacies such as CVS. But brick and mortar retailers may find a reprieve from the negative rhetoric this holiday season. Consumers say they will spend an average of $1,047.83 this season, which is up 4% from last year, and they expect to do about half of that shopping in physical store

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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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How SMB Carriers Can Reduce Carbon Emissions

Supply Chain Brain

Because of its importance in all types of business, the supply-chain industry is uniquely positioned to make big impacts from the adoption of green practices.

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December 2019 Automation Hero: Per Risfors of Exsitec

EazyStock

Per Risfors, organizational consultant at Exsitec, has helped many SMBs improve their processes and optimize workflows with automation. That is why Per is December’s Automation Hero. Name: Per Risfors. Title: Organizational consultant and solution architect. Company: Exsitec – IT solution specialists including ERPs, integrations and mobile solutions.

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How a Collaborative Network Will Change the Construction World!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is the Digital Supply Chain? Article, and permission to publish here, provided by Ed Rusch, Vice President, Global Marketing, Command Alkon. A Digital Collaboration Platform built specifically for the Heavy Construction industry will change the world by helping companies save thousands to millions of dollars on their construction projects, along with reducing the carbon impact, eliminating waste, and saving lives.

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Improving Your Work Relationships in 2020

Ms. Category Management

Work relationships aren't easy to manage. Therefore, find out what you can do to improve them for 2020 and beyond.

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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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Three Reasons to Make the Move to Electronic Invoicing

Supply Chain Brain

With supply-chain processes becoming more automated, many organizations have a vision of digitizing the order-to-cash cycle.

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Retail sustainability during the holidays

SupplyShift

U.S retailers are proclaiming 2019 as the “apocalypse”—nearly 9,500 stores have closed their doors this year. That list includes discount stores like Family Dollar and Kmart, clothing stores like Forever 21, and pharmacies such as CVS. But brick and mortar retailers may find a reprieve from the negative rhetoric this holiday season. Consumers say they will spend an average of $1,047.83 this season, which is up 4% from last year, and they expect to do about half of that shopping in physical store

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Canon Business Services extends Claritum contract

Claritum

Canon Business Services extends Claritum contract for an additional 3 years. Bath, UK (December 18th, 2019) – Claritum, a provider of cloud based spend management solutions, today announced that Canon Business Services has extended their contract with Claritum for a further 3 years. “Canon has been a Claritum customer since 2004 and their continued use of Claritum is a confirmation of our ability to deliver value to our customers over extended periods.” said Prof.

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Ivalua Cited as a ‘Leader’ in Source-to-Contract Technology by Independent Research Firm

ivalua

Report notes top customer reference scores for usability, implementation and ongoing support . Redwood City, CA – December 18, 2019 – Ivalua, a global leader in cloud Spend Management solutions , today announced that it has been recognized as a Leader by Forrester Research Inc. in “ The Forrester Wave™: Source-to-Contract Suites, Q4 2019.” Ivalua is now the only vendor positioned as a Leader in four separate reports — the Gartner Magic Quadrant for Strategic Sourcing Application Suites, Gart

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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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Supply Chain Weekly Wrap-Up: 12/13/19 – 12/19/19

All Things Supply Chain

Amazon blocks sellers from using FedEx ground-delivery shipping Third-party sellers on Amazon will no longer be able to use FedEx’s ground-delivery service.

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Alibaba Makes a Play for North American Small-Business Sellers

Supply Chain Brain

Alibaba is already the world’s largest e-commerce and retailing company. But it’s looking to make an even bigger splash in North America, with a new initiative aimed at small business-to-business sellers.

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Canon Business Services extends Claritum contract

Claritum

Claritum Article - Procurement Blog. Canon Business Services extends Claritum contract for an additional 3 years. Bath, UK (December 18th, 2019) – Claritum, a provider of cloud based spend management solutions, today announced that Canon Business Services has extended their contract with Claritum for a further 3 years. “Canon has been a Claritum customer since 2004 and their continued use of Claritum is a confirmation of our ability to deliver value to our customers over extended periods.” said

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Ivalua Cited as a ‘Leader’ in Source-to-Contract Technology by Independent Research Firm

ivalua

Report notes top customer reference scores for usability, implementation and ongoing support . Redwood City, CA – December 18, 2019 – Ivalua, a global leader in cloud Spend Management solutions , today announced that it has been recognized as a Leader by Forrester Research Inc. in “ The Forrester Wave™: Source-to-Contract Suites, Q4 2019.

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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.