Sat.Jul 13, 2019 - Fri.Jul 19, 2019

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How Spend Management is Going High-Tech

ProcurePort

Managing spend has never been easy. In the days of paper-based procurement, tracking and evaluating spend was a labor-intensive process. Despite the antiquated ways of the past, Digitalist Magazine reports procurement executives are overly hesitant when it comes to embracing new technologies such as spend management software. Though more than half of global Chief Procurement […].

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The Path to Greatness: Driving a Successful Transformation Across Global Procurement and Supply Chain with Chassis Brakes International

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The post The Path to Greatness: Driving a Successful Transformation Across Global Procurement and Supply Chain with Chassis Brakes International appeared first on Ivalua.

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Autonomous or ‘Lights Out’ Supply Chain Planning; what is really required?

Supply Chain Trend

If you operate in the supply chain or the planning world, it is hard to not come across terminology like supply chain planning 4.0, ‘light touch’ planning or ‘lights out’ planning. They all rate high in the hype cycle and for good reasons. A lot of technology progress has been made in recent years, and progress continuous at near exponential speed. Autonomous vehicles are driving around everywhere, so why should we not have the ambition to achieve autonomous supply chain planning?

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We Need Technology to Combat Labor Abuses in Supply Chains, New Study Finds

Supply Chain Brain

Factory audits alone are not sufficient to prevent labor abuses in global supply chains. Technology must also be applied to the problem.

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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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RFx: How to Best Communicate Your Needs

ProcurePort

Getting accurate procurement bids is difficult. When it comes to business transactions, it’s normal for an organization to get tunnel vision. People are so familiar with their jobs that they have a hard time explaining to outsiders what they need. This can lead to flaws in the procurement process from the outset. How does RFx […]. The post RFx: How to Best Communicate Your Needs appeared first on ProcurePort Blog.

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Developing A World Class Procurement Organization to Create Sustainable Value with Dole

ivalua

The post Developing A World Class Procurement Organization to Create Sustainable Value with Dole appeared first on Ivalua.

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What is Inventory Optimization?

EazyStock

What is inventory optimization? You’ve heard of inventory management, and you probably already have some inventory management practices implemented in your supply chain. So what is inventory optimization? According to Wikipedia, inventory optimization is: “a method of balancing capital investment constraints or objectives and service-level goals over a large assortment of stock-keeping units (SKUs) while taking demand and supply volatility into account.”.

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Fast and Easy Approvals with Purchase Requisition Software

ProcurePort

Every organization needs to buy supplies and equipment on a regular basis. Whether office supplies or storage containers for the warehouse, we need to give employees what they need to keep business moving. The tedious part of acquiring these incidental supplies is keeping a record of how, why, from where, and who wanted the item […]. The post Fast and Easy Approvals with Purchase Requisition Software appeared first on ProcurePort Blog.

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Single Unified Platform across a decentralized Procurement Organisation with Covea

ivalua

The post Single Unified Platform across a decentralized Procurement Organisation with Covea appeared first on Ivalua.

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3 Most Common Freight Forwarding Scams (and How to Avoid Them)!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What’s the Difference Between a Freight Forwarder and a Customs Broker? Article and infographic originally published by, and permission to publish here provided by, Victor at [link]. As most transportation of cargo and goods, whether in international waters or air space, involves multiple transit destinations and ports, logistics can be a complicated industry.

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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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Digital Twins: Through the Supply-Chain Looking Glass

Supply Chain Brain

To compete in today’s market, it’s imperative that supply chains employ digital technology.

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Automating e-Procurement Pricing Decisions with Technology

ProcurePort

The old-fashioned ways of handling procurement pricing negotiations are over. Person-to-person communication in a globalized world is complicated. Is 15:30 my time good for you? Skype? Zoom? WeChat? From time zones to media channels, it’s hard to get pricing out of the way and move on with contracts and business. Nowadays a standard e-Procurement platform […].

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Developing A World Class Procurement Organization to Create Sustainable Value

ivalua

The post Developing A World Class Procurement Organization to Create Sustainable Value appeared first on Ivalua.

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DIM Weight Pricing Explained!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. E-Commerce/Last Mile Delivery: Stop Shipping Air and Empty Boxes! Article originally published by, and permission to publish here provided by, Jake Rheude at [link]. The 2014 holiday season marked the last Q4 end-of-year sales period where packages shipped based on actual weight.

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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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Digitalization in Procurement: Your Questions Answered

Jaggaer

Last week JAGGAER hosted a webinar reviewing the findings of our recently released 2019 Digital Procurement Survey Report. We reviewed the key takeaways and provided recommendations for how procurement professionals can begin to take advantage of next-generation technologies. Our engaged audience left us with more questions than we could get to in our allotted time, so in the spirit of continued learning we’ve answered some of the biggest concerns below.

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Digital Network Platforms: Transformation Is a Journey

Supply Chain Brain

How do companies manage the arduous journey of end-to-end digital transformation, while keeping the business operating?

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Sprint: Driving Savings and Revenue Growth with Supply Chain Transformation

ivalua

The post Sprint: Driving Savings and Revenue Growth with Supply Chain Transformation appeared first on Ivalua.

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The Divergent Procurement World

Claritum

Claritum Article - Procurement Blog. Contents. 1. Introduction. 2. The unusual nature of Indirect Spend. 3. Indirect Spend automation is different. 4. Establishing Indirect Spend automation. 5.Can automation cover all Indirect Spend - 100%? 6. Related articles. 1 Introduction. The purchase of goods and services can be split into two primary procurement domains: The Strategic Core purchases that enable an organisation to produce their product or service (called Strategic Spend by many organisatio

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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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Spend Analytics: Key to Procurement Transformation at Cengage

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The post Spend Analytics: Key to Procurement Transformation at Cengage appeared first on Ivalua.