Sat.Mar 06, 2021 - Fri.Mar 12, 2021

article thumbnail

Decarbonization: A Call to Focus on SME Road Freight Carriers

All Things Supply Chain

A new study from Smart Freight Centre and the Center for Sustainable Logistics and Supply Chains at Kühne Logistics University highlights the crucial role that small carriers play in achieving…

Logistics 279
article thumbnail

Contract Management VS. Contract Administration

ProcurePort

What are contract management and contract administration, and how do these two processes impact your procurement efforts? Dealing with contracts is hard and it’s much harder if you don’t know the difference between contract management and contract administration. Research shows that poor and ineffective contract management is costing enterprises up to 9% of revenue annually. […].

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Watch: How One Fast-Food Chain Is Surviving the Pandemic

Supply Chain Brain

Andrea Sordi, clinical assistant professor at the University of Tennessee’s Global Supply Chain Institute, weighs the risk and rewards involved in Taco Bell’s decision to introduce a major new product to its menu during the pandemic.

article thumbnail

Supplier Risk & Performance Datasheet

ivalua

The post Supplier Risk & Performance Datasheet appeared first on Ivalua.

Risk 130
article thumbnail

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.

article thumbnail

Is Technology the Right Solution to the COVID-19 Supply Chain Challenges?

All Things Supply Chain

Group Futurista’s Future of Digital Supply Chain in a Post-COVID world (FODS 3.

article thumbnail

Ways AI is Changing Contract Management for Good

ProcurePort

Artificial intelligence, or AI, has been around for a lot longer than many realize. Today, when we think of AI, things that come to mind may be self-driving cars that Tesla is developing, Siri that comes in every iPhone, or even Alexa the smart-assistant from Amazon. The first inklings of AI, however, were being developed […]. The post Ways AI is Changing Contract Management for Good appeared first on ProcurePort Blog.

More Trending

article thumbnail

Barriers to Entry in Government Markets

ivalua

The post Barriers to Entry in Government Markets appeared first on Ivalua.

130
130
article thumbnail

Achieving Autonomous Supply Chain Planning; an expert interview

Supply Chain Trend

Hi there, hope you are all safe, sane and healthy! I recently got interviewed by Bethanie Maples about my Foresight article; ‘Autonomous or Lights out Planning, what’s really required?’ Bethanie is an AI and human cognition expert, does research at Standford University and is advisor to many entrepreneurs. I explain how we have to make the leap forward from Wave 1 (ERP) and Wave 2 (APS) technology, to Wave 3 technology, or systems of intelligence.

article thumbnail

What is Supplier Information Management?

ProcurePort

What impact does accurate and readily available supplier information have on an organization? Honestly? It can make or break an enterprise. The wrong supplier and inaccurate vendor information can be extremely inconveniencing, leading to colossal losses of both time and money. Whether you’re the Chief Procurement Officer, project manager, or strategic compliance officer: you should […].

article thumbnail

Sugar Cane Lego Blocks? No More Plastic Fantastic as Toymaker Goes Green

Supply Chain Brain

Lego has a team of 100 people dedicated to developing its green toys, and they need to make sure the company has an environmentally friendly product it can put on store shelves by 2030.

119
119
article thumbnail

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.

article thumbnail

Invoice to Pay Datasheet

ivalua

The post Invoice to Pay Datasheet appeared first on Ivalua.

130
130
article thumbnail

Understanding and Preventing Retail Cyber Attacks!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Cyber Security: The Weakest Link is Your Biggest Risk! Get Our EBook here. Retail cyber attacks article and permission to publish here provided by Susan Melony. Cyber security is one of the most significant issues of modern times. As technology has grown and evolved at such a rapid pace in recent years and the world has shifted into digital and virtual spaces, new threats and dangers have emerged, with literally tens of milli

article thumbnail

Using ABC Analysis in Inventory Management

EazyStock

What is ABC Analysis? ABC inventory analysis is a method used to classify a business’s stock items into three categories – A, B and C, based on their value to the business. A items are the most important in terms of the value they bring a company, while C items are the least valuable. ABC inventory analysis is important as it helps managers focus their time on their most valuable/important products and adapt their inventory control policies accordingly.

article thumbnail

FMI Convenes Timely Supply Chain Forum

Supply Chain Brain

FMI – The Food Industry Association today announces FMI’s first-ever Supply Chain Forum April 6-7, designed for mid-senior level supply chain professionals willing to learn and engage on a range of critical and timely topics across the industry.

article thumbnail

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

article thumbnail

eProcurement Datasheet

ivalua

The post eProcurement Datasheet appeared first on Ivalua.

article thumbnail

The Pros and Cons of Bitcoin Investments !

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 10 Considerations Before You Buy Cryptocurrency! Get Our EBook here. Bitcoin investments article and permission to publish here provided by Jean Nichols. Investing in cryptocurrencies involves risks, but sometimes it provides benefits to investors. The bitcoin market is highly volatile, and each investor must have complete knowledge and understanding of the bitcoin market to invest in it.

Price 96
article thumbnail

How Sourcing Optimizer Simplifies the Complex

Jaggaer

The post How Sourcing Optimizer Simplifies the Complex appeared first on JAGGAER.

article thumbnail

A One-Two Punch: The U.K. Grapples With the Pandemic and Brexit

Supply Chain Brain

The conclusion of an agreement for Great Britain’s exit from the European Union probably couldn’t have happened at a worse time, coming as it did on the heels of the coronavirus pandemic.

116
116
article thumbnail

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.

article thumbnail

Complex ERP Landscape? A Dual Platform Strategy May be the Answer

The Network Effect

The post Complex ERP Landscape? A Dual Platform Strategy May be the Answer appeared first on The Network Effect.

article thumbnail

The Supply Chain Construct for New and Growing Businesses!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chain as a Service (SCaaS)! Get Our EBOOK HERE. Starting and growing a business is already a daunting task without even considering the Supply Chain construct needed to make the business run. But Supply Chain is such an integral part of any business that not giving it the attention it requires will certainly doom any business to failure.

article thumbnail

The White House’s Call for Critical Supply Chain Reviews: Get Ready

Jaggaer

The post The White House’s Call for Critical Supply Chain Reviews: Get Ready appeared first on JAGGAER.

article thumbnail

China’s Microsoft Hack, Russia’s SolarWinds Attack Threaten to Overwhelm U.S.

Supply Chain Brain

China’s global attack on Microsoft’s popular email software revealed last week and an equally sprawling Russian attack discovered three months ago have created a two-front war that threatens to overwhelm cybersecurity’s emergency responders.

119
119
article thumbnail

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.

article thumbnail

The 4 Less Talked About P2P Challenges in procurement

Zycus Cognitive Procurement

Most blogs on the internet that cover P2P challenges focus on the tactical ones such as invoice processing time, low accuracy, and high cost of processing an invoice, etc. These are surely important factors to consider while making an investment for a P2P technology, but there are overarching strategic issues that a procurement leader needs to address before getting into the more tactical ones.

article thumbnail

Reducing Bitcoin’s High Transaction Fees !

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Tips on Cryptocurrency Trading! Get Our EBook here. Bitcoin transaction fees article and permission to publish here provided by Jean Nichols. The total fee for a bitcoin transaction is $23. There are, luckily, cost-cutting solutions open. It was just a matter of time. Bitcoin exchange costs are increasing again now that bitcoin is in a bull market, and more consumers are flocking to access the digital currency.

article thumbnail

#4 | An Interview with Susan Walsh on the Dangers of Dirty Data

The Supplier Experience

In our first podcast this year we are joined by Susan Walsh, an expert in spend data classification, taxonomies, and data accuracy. Currently writing her first book focused on dirty data, Susan discussed with us the ' The Dangers of Dirty Data ', its implications, and the future of procurement. . Listen in to find out about Susan's own framework, COAT, on building reliable data. .

Data 40
article thumbnail

The Connectivity Challenge Facing Vaccine Cold Chains

Supply Chain Brain

With a number of COVID-19 vaccines now approved, the debate has shifted to the logistical challenges of transporting vaccines across an unbroken and continuous cold chain.

Logistics 116
article thumbnail

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.

article thumbnail

Supply Chain Weekly Wrap-Up 03/05/2021 – 03/11/2021

All Things Supply Chain

Moderna and IBM to team up on COVID-19 vaccine tracking Pharmaceutical company Moderna is teaming up with IBM to explore how technology such as AI, blockchain and hybrid cloud could…

article thumbnail

What is the Maximum Size of a Bitcoin Block ?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. A Quick Overview of Bitcoin and Blockchain Technology! (Infographic). Get Our EBook here. Bitcoin block article and permission to publish here provided by Jean Nichols. Bitcoin block size limit is a Bitcoin configuration feature that limits Bitcoin block volume and hence the number of transactions to be verified in the network within 10 minutes.

article thumbnail

Paris 2021 – FR – PWC – 3-55pm

ivalua

Quelles sont les grandes tendances en matière de digitalisation des Achats et d’implémentation réussie ? Vision et meilleures pratiques selon PwC. Dans le cadre de son enquête annuelle sur la digitalisation des Achats, PwC a interrogé plus de 400 Directions Achats à travers l’Europe. Dans un contexte sanitaire et économique incertain, l’enquête dresse un panorama de la situation actuelle en matière de digitalisation de la fonction achats et met en évidence les priorités stratég

26
article thumbnail

Containers Are Falling Into the Sea. What’s Going On?

Supply Chain Brain

What’s causing the recent rash of container losses on cargo vessels?

138
138
article thumbnail

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.