Sat.Oct 02, 2021 - Fri.Oct 08, 2021

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Retail Recovery: 4 Ways Procurement Can Unlock Savings and Add Value

ivalua

Retailers have faced a tough year in the last 12-18 months, and while recovery seems to be in progress, they still have some work to do. During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Procurement teams will continue to play a significant role in helping retail businesses find their footing as they not only commit to new ways of doing business, but look to optimize spend, c

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How to Create an Electronic Purchase Order System

ProcurePort

Organizations and businesses of all sizes and sophistication are moving from traditional paper-based procurement processes to electronic purchase order software. The larger an organization or an enterprise grows, the more important it becomes to constantly keep track of purchases. A poorly functioning purchase order system, or worst still, no system at all, will lead to […].

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6 Ways to Reduce Employee Turnover!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Boost Employee Engagement in Supply Chain! Employee turnover article and permission to publish here provided by Michael Mckay. Working in supply chain management can be difficult at all levels. Regardless of whether you’re a frontline worker managing packaging, a truck driver transporting goods, or senior management monitoring budgets, the supply chain has a lot of moving parts.

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Christmas at Risk as Supply Chain ‘Disaster’ Only Gets Worse

Supply Chain Brain

It’s the beginning of October, just the start of what the retail world simply calls “peak.” But the industry is already in various forms of panic that usually don’t take hold until the weeks before Christmas.

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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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Beeline and Ivalua Partner to Optimize All Corporate Spend through an Integrated Solution

ivalua

New partnership will allow seamless management of external workers and contingent staffing within a single source-to-pay suite. JACKSONVILLE, FL–(10/7/2021) – Beeline , the leading technology solution provider for managing the extended workforce, and Ivalua , a global leader in cloud Spend Management solutions, announce a partnership which incorporates contingent staffing into the total procurement spend solution. .

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Supply Chain Resilience Strategy: Everything You Need to Know

ProcurePort

The resilience of any supply chain is based on its ability to withstand shocks and recover quickly. The impact of unexpected disruptions should not result in wholesome halting and devastating losses to the affected businesses. For a long while, businesses have sought to minimize their fixed costs in sourcing. The search for efficiency led to […].

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Top Global Chipmakers Resist Biden Bid for Supply Chain Data

Supply Chain Brain

A Biden administration effort to untangle global chip supply snarls is facing resistance from lawmakers and executives in Taiwan and South Korea, complicating attempts to resolve the bottlenecks hurting industries from automobiles to consumer electronics.

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Crelan Digitizes Strategic Sourcing with Ivalua

ivalua

Wide-ranging digital procurement transformation will streamline Crelan’s sourcing processes . Redwood City, CA, 4th October, 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that Crelan, a cooperative Belgian bank, has selected its platform to digitize the entire source-to-contract process. Project delivery is led by KPMG Belgium ’s Banking expert consulting team with support from Ivalua professional services.

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AP Automation: Stop Processing Paper and Start Managing Payments Today

ProcurePort

Change is inevitable for every industry, and accountants and financial analysts are known to stick to time-honored methods. The almost overnight transition to remote working that we have all had to make has not been easy. For industries, it has meant adapting to new work paradigms, and businesses, it has meant undertaking new technologies to […].

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10 Mountain Climbing Strategies and Lessons for Optimum Results!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Climbing Mount Kilimanjaro! Lessons for Life and Business! I met a guy who had recently climbed Mount Everest. In our conversation I learned that he actually reached the summit on his second attempt, having failed on his first attempt a few years earlier. On his first attempt he could actually see the summit only a couple of hundred feet ahead of him.

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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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Descartes Unveils AI and Machine-Learning Enhancements to Routing, Mobile and Telematics Suite

Supply Chain Brain

Descartes Systems Group, a provider of on-demand, software-as-a-service solutions, unveiled artificial intelligence (AI)- and machine learning (ML)-based enhancements to its Routing Mobile and Telematics suite.

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Key Takeaways from Forrester’s CSR Study (Plus Checklist!)

ivalua

In light of global trends and issues such as climate change and the Covid-19 pandemic, organizations are under increasing pressure to be socially responsible. More than ever, customers are looking to associate themselves with brands whose values align with social responsibility, sustainability, and social justice issues. New legislation and regulations that support these imperatives are adding to the urgency for businesses to adopt and execute on corporate social responsibility (CSR) initiatives

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4 Lessons We Can Learn From the Global Microchip Shortage

Solvoyo

If you have recently been looking to purchase a car, a television, or a home appliance, you may have noticed that prices have been on the rise as of late. Some products have been suffering incessant stock-outs, such as the next-gen gaming consoles, which are having stock issues since their launch in November 2020. At … Continue reading "4 Lessons We Can Learn From the Global Microchip Shortage".

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A Quick Guide to Procurement Savings Management

The Good Spending

The guts and glory of procurement savings Procurement savings is a double-edged sword. Some colleagues use it to massage their egos by claiming millions of hot-air dollars that make no good to the company balance sheets or end-user prices. Others save to create a lifeline for troubled businesses or to fuel up the competitive advantage. This post will cover the most essential aspects of procurement savings management based on best practices and actual working examples.

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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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Watch: Will Supply Chains Be Secure in a Post-Pandemic World?

Supply Chain Brain

Tom Garrison, vice president and general manager of client security strategy with Intel Corp., assesses the current state of supply chain security, and discusses what companies must do to become more resilient to cyberattack.

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Ivalua Recognized as a Leader In The Forrester Wave™: Contract Lifecycle Management For Buy-Side Contract Suites, Q4 2021

ivalua

The post Ivalua Recognized as a Leader In The Forrester Wave™: Contract Lifecycle Management For Buy-Side Contract Suites, Q4 2021 appeared first on Ivalua.

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What's going on in the Procurement Job Market with Martin Smith

World of Procurement podcast

Martin Smith is the Founder of Talent Drive , a recruitment company that specialises in Procurement and Supply Chain roles. Martin is perfectly placed to understand what is going on in the Procurement jobs market right now, what skillsets are required and what issues we face in this space as Procurement Professionals. Martin is also the founder of the Talent Talks Podcast , where he talks with Senior Procurement Pros - give it a listen.

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#12 | An Interview on Cloud-Based ProcureTech Solutions with James Meads

The Supplier Experience

An Interview on Cloud-Based ProcureTech Solutions with James Meads. For the twelfth episode of Supplier Experience Live from HICX, we are joined by James Meads. James is an advisor on cloud-based procurement technology solutions and an advocate for best-of-breed solutions. Based in Bulgaria, he has aligned his business to focus on the three megatrends which will shape procurement and supply chain for the next five years: driving digitalization , improving sustainability , and reducing supply cha

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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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Unlocking Opportunity in the Post-Purchase Ecosystem

Supply Chain Brain

Understanding customer expectations, improving their experience and implementing the right reverse logistics systems will increase shopper loyalty and prevent profit-margin erosion.

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DPW2021 Alex Saric – Delivering step change improvements in CSR performance

ivalua

The post DPW2021 Alex Saric – Delivering step change improvements in CSR performance appeared first on Ivalua.

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Simplifying Tactical and Tail Spend – Henning Hatje from Lhotse

The Procuretech Podcast

Tactical, non-strategic spend is a time suck to pretty much every organisation, regardless of their size. Managing this through traditional channels - i.e. ERP systems - is a cumbersome process for both the procurement professional who has to manage it, and the stakeholder who just wants a simple, user-friendly interface to be able to buy something.

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Episode 203 - Tom Cassidy, Bayada

Procurement Rising

Today, on Procurement Rising, part of the Ardent Partners Podcast Network, I interviewed Tom Cassidy. He's the CPO at Bayada, a company that is front and center in the battle against COVID. Tom is also a regular at our annual CPR Rising Summit held each Fall, which of course will not be held in person this year.

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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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Watch: The Infrastructure Bill: A ‘Game Changer’ for Electric Vehicles?

Supply Chain Brain

Paul DeCotis, senior director in the energy and utilities practice of West Monroe, says the money set aside by the infrastructure bill for electric vehicle development will have a huge impact on the future of that technology.

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Inclusive Procurement: Designing Supplier Diversity Programs with High ROI

ivalua

The post Inclusive Procurement: Designing Supplier Diversity Programs with High ROI appeared first on Ivalua.

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Fine Tune - Rich Ham

Manufacturing Procurement

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Procurement Innovation with Raj Verma Featuring Elba Pareja-Gallagher, CSCP

Procurement Innovation with Raj Verma

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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.

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Supply Chain Crisis May Have Caused California Oil Spill

Supply Chain Brain

The gridlock of container ships outside the Ports of Los Angeles and Long Beach may have been the cause of a major oil spill off the coast of California, according to authorities.

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Ivalua Cited as a ‘Leader’ in Contract Lifecycle Management by Independent Research Firm

ivalua

Scored highest in evaluation in strategy among the 8 most significant providers. Redwood City, CA – October 7, 2021 – 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 : Contract Lifecycle Management for Buy-Side Contract Suites, Q4 2021.” .

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Improve Goods Flow By Outsourcing Logistics!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Why You Should Outsource Logistics! Outsourcing logistics article and permission to publish here provided by Eisele Candace. A company’s logistics and supply chain management activities are critical to its profitability. A company can improve its profits by outsourcing these tasks but must be careful to avoid potential pitfalls.

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Blume Global Launches Continuing Education Program with Coursera and Stanford GSB

Supply Chain Brain

Blume Global Inc., a provider of execution and visibility supply chain technology solutions, has launched a Learning and Development initiative to provide continuing education programs through Coursera Inc., an online learning platform, and Stanford Graduate School of Business.

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The Evolution of Control Towers to Command Centers

Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.