Sat.Apr 17, 2021 - Fri.Apr 23, 2021

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5 Fundamentals for Building a Resilient Supply Chain

All Things Supply Chain

Recently, supply chains in many businesses have become vulnerable due to uncertainties surrounding the current business environment due to impacts such as the pandemic.

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6 Strategies To Make a Career Change To Supply Chain

SCMDOJO

A career in Supply Chain can be fun, creative, rewarding, and smart for the long term, so if you want to learn more about “How to Career Change To Supply Chain”, you are on right track! Businesses will always need supply chain professionals to manage the information flow & product flow of their products, no. Continue reading. The post 6 Strategies To Make a Career Change To Supply Chain appeared first on SCMDOJO.

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How Procurement Can Become the Growth Engine for Your Business

ivalua

The post How Procurement Can Become the Growth Engine for Your Business appeared first on Ivalua.

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What is Supplier Relationship Management (SRM)?

ProcurePort

There’s an old phrase that goes, ‘communication can’t be a one-way street.’ The saying applies to communication in all of its contexts really, from personal to professional or otherwise. The same principle applies directly to the pursuit of building long-lasting customer or client relationships in professional settings. Taking this a step further, it also is […].

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From Reactive to Resilient: Charting Your Supply Chain Maturity

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.

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Supply Chain Weekly Wrap-Up 04/16/2021 – 04/22/2021

All Things Supply Chain

Over €172 million of products stolen from supply chains in EMEA Product thefts from supply chains in Europe, the Middle East and Africa (EMEA) in 2020 produced losses of more…

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Back to Basics: Improve Your Customer Experience while Reducing Costs

Supply Chain Brain

As demand for faster fulfillment surges, the sweet spot where customer experience meets cost efficiency gets smaller. Ballooning trip volumes, LTL capacity crunches, increasing fuel consumption, lack of driver availability and the need to scale self-service type delivery models pose significant operational challenges for 3PLs/carriers. To help you address these challenges, hear how global 3PLs/carriers efficiently balance customer experience and operational costs by leveraging intelligent delive

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What is Source to Pay (S2P)?

ProcurePort

So, what is s2p? Glad you asked. Source to pay is one of the core processes alongside procure-to-pay that procurement teams rely on to ensure raw materials and required services are available as and when needed. Understanding the S2P life cycle is vitally important as it will assist you in devising a strong procurement strategy, […]. The post What is Source to Pay (S2P)?

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All You Need to Know About Cryptocurrency!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. All you need to know about cryptocurrency article and permission to publish here provided by Jean Nichols. You need a way to swap your fiat currencies for crypt if you buy it for the first time. Users can purchase, sell, and retain cryptocurrencies via crypto exchanges. Currently, these organizations charge fees when ordering and withdrawing funds.

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Watch: A Stress Test for Supply Chains, Part 2

Supply Chain Brain

David Simchi-Levi, professor of engineering systems at MIT, brings us up to date on the results of applying a supply-chain “stress test” to companies in multiple industries.

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Working Capital: Leverage Spend to Improve Capital Efficiency  

ivalua

Your organization’s total spend is a powerful tool to wield. Leveraging purchasing power to capture volume- based pricing within a competitive supply chain builds sticky relationships with healthy suppliers, keeps input costs low, and acts as a hedge against inflation. If we apply the adage of, “Whomsoever holds the gold makes the rules”, we can further leverage this purchasing power to unlock working capital, improve capital efficiency, and generate savings.

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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?

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Getting Real and Resilient in Direct Procurement Execution

ProcurePort

Supply is a huge part of the economy. Making sure that materials are getting where they need to so that businesses can continue to operate is a vital aspect of a thriving economy. The last year demonstrated this first-hand for society. With the onset of the COVID-19 pandemic, supply chains all across the globe began […]. The post Getting Real and Resilient in Direct Procurement Execution appeared first on ProcurePort Blog.

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Online Payment Protection Tips for Merchants!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Use Your Small Business Credit Card Wisely. Payment protection tips article and permission to publish here provided by Muhammad Zayan. When you run an online business, it’s your responsibility to keep the business secure, both for yourself and your customers. To handle various issues with payment gateway worldwide functionality, you need to take care.

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Consumers Want Supply-Chain Transparency. Are Food Brands Listening?

Supply Chain Brain

Sixty percent of global consumers cite sustainability and social responsibility as essential considerations when choosing which products to buy. They look to their preferred food brands to make the best decisions, but are those companies looking out for their consumers’ best interest?

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How to Negotiate Price Increases

Negotiation Training by TableForce

How to negotiate price increases, both getting a price increase for sellers as well as defending against price increases for buyers, is a HOT topic at the moment. Geopolitical decisions have disrupted global supply chains and sellers have all the power right now. Buyers are often negotiating delivery dates, and quantities, sometimes price doesn’t [.

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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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Spend Matters Names Spend Analytics Software Solution SpendHQ Value and Customer Leader in Q1 2021 SolutionMap

SpendHQ

The post Spend Matters Names Spend Analytics Software Solution SpendHQ Value and Customer Leader in Q1 2021 SolutionMap appeared first on SpendHQ.

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Considerations for Disinfecting Your Business!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. GET our EBOOK HERE. Disinfecting your business article and permission to publish here provided by Susan Melony. Cleaning has always been an important consideration when running a business. It is even more important now. COVID-19 has shown us just how quickly germs can spread. Not only will disinfecting your business help prevent this virus from spreading, it can also keep you and your employees safe from other viruses, like t

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Watch: What to Do About the Global Container Shortage

Supply Chain Brain

Rob Handfield, Bank of America Professor of Supply Chain Management with the Supply Chain Resource Cooperative in the Poole College of Management at North Carolina State University, discusses the reasons behind the current worldwide shortage of ocean containers, and what carriers and manufacturers must do to solve it.

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How to Negotiate Price Increases

Negotiation Training by TableForce

Negotiating price increases, both getting a price increase for sellers as well as defending against price increases for buyers, is a HOT topic at the moment. Geopolitical decisions have disrupted global supply chains and sellers have all the power right now. Buyers are often negotiating delivery dates, and quantities, sometimes price doesn’t come up [.].

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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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JAGGAER Release 21.1 Empowers Global Procurement Teams, Improves User Experience, and Automates Daily Tasks

Jaggaer

The post JAGGAER Release 21.1 Empowers Global Procurement Teams, Improves User Experience, and Automates Daily Tasks appeared first on JAGGAER.

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Consolidate Orders Online and Stop the Senseless Waste Now!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Last Mile Delivery: Stop Shipping Air and Empty Boxes! Get Our EBOOK HERE. During the pandemic more people have been shopping online than ever before. It stands to reason that with lockdowns in place and many physical stores being closed, that ECommerce ordering and shipping is a great alternative to face to face shopping.

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The Gig Economy Is Booming, Despite Debates Over Workers’ Rights

Supply Chain Brain

The debate over what constitutes a “gig worker” rages on, but that hasn’t stopped the gig economy from exploding.

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Is Negotiation Compatible with Having a Goal of Sustainability?

Negotiation Training by TableForce

Is Negotiation Compatible with Having a Goal of Sustainability? Negotiation is about getting the best deal we can, isn’t it? So, how can we think sustainably when we are negotiating with customers and suppliers and we have financial targets to hit and bosses to impress? Although what does “sustainability” mean anyway? In business it’s about [.

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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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“There’s no vaccine for climate change!”

Spotlight on Procurement

Paul Ekins OBE, Professor of Resources and Environmental Policy at University College London (UCL) boldly speaks out on sustainability and environmental economics. Paul is one of the most esteemed thinkers in this field and was appointed Officer of the Order of the British Empire (OBE) in the 2015 New Year Honours for services to environmental policy.

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How Trucking Companies Can Attract Younger Workers!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Truckers and the Future of Work! Get Our EBOOK HERE. Younger workers in trucking article and permission to publish here provided by Susan Melony. Trucking is one of the most important industries in all of America, with trucking companies responsible for supporting the vast majority of the nation’s communities and helping to transport countless tons of freights from place to place every single day.

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When Is It Time to Expand Your Warehouse?

Supply Chain Brain

You should triage every available option before making a major commitment.

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Negotiation Meets Sustainability – A Personal Story

Negotiation Training by TableForce

Negotiation Meets Sustainability – A Personal Story I talked in my last blog about how negotiation can genuinely create lasting and sustainable benefits for all stakeholders by focusing on needs and not wants, working on really understanding the other side’s sheet of paper, not falling prey to one’s ego and listening. This will then lead [.

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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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Episode 103 - Ian Maher, Global Atlantic Financial Group

Procurement Rising

Ian Maher is the Vice President & Head of Strategic Sourcing at Global Atlantic Financial Group, but he wasn’t always. In this episode, Ian shares his approach to onboarding into a new Chief Procurement Officer role, the important role that relationships have played in his success, and the value of data in managing third-party contracts. Thinking about taking a new job in procurement?

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5 Key Features of Fleet Inspection Software!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Ways to Reduce Fleet Management Costs! Get Our EBOOK HERE. Fleet inspection software article and permission to publish here provided by Dee Gardner. The North American fleet management software market size is on the rise and predicted to keep rising. There’s a good reason behind.Your fleet inspection software helps keep your fleet operations moving smoothly.

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Watch: The Pandemic’s Impact on Logistics Real Estate

Supply Chain Brain

Melinda McLaughlin, head of global research with Prologis, shares the firm’s research into trends in the creation of order-fulfillment centers in urban locations, in response to the stellar growth of e-commerce.

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Negotiation Meets Sustainability – A Business Case

Negotiation Training by TableForce

Negotiation Meets Sustainability: I have been exploring the theme of how effective negotiation is compatible with a mindset of sustainability, and not focused on simply price and cost. The proliferation of Impact Investing is a clear sign that having a purpose to do good and not just make profit is the way forward, and [.

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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.