Sat.Jul 24, 2021 - Fri.Jul 30, 2021

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What Is the Procure-to-Pay Process In SAP?

ProcurePort

Procure-to-Pay is the full cycle that a business goes through when they need to obtain goods or services from a supplier. The cycle describes what steps need to be taken to complete the procurement process and to finalize payment. On paper, it’s a simple process that can be followed systematically, but in a modern procure-to-pay […]. The post What Is the Procure-to-Pay Process In SAP?

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The Role of Supplier Collaboration in ESG and Supply Chain Resilience

ivalua

The post The Role of Supplier Collaboration in ESG and Supply Chain Resilience appeared first on Ivalua.

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How to Ensure Emergency Preparedness in the Warehouse

Supply Chain Brain

One year after the pandemic hit, warehouses are still dealing with labor shortages, safety precautions and other disruptions associated with a disaster that can throw a wrench in normal operations.

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The Resilient Supply Chain! Passing Fad or Long Term Strategy?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Parallel Supply Chain … A Twilight Zone Strategy? Get Our EBOOK HERE. Since the Coronavirus pandemic exposed the fragility of the global Supply Chain , everywhere you look you see the word “resilience” being used as the latest buzz word. Everyone is talking about making Supply Chains more resilient and robust, as if there was never any attention in the past in this regard.

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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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What is the Difference Between Strategic Sourcing and Contracts?

ProcurePort

What is contract sourcing? Well, sourcing and contracts go hand-in-hand. You can’t have one without the other. They are two separate parts of the procurement process and they each have their own distinguishing features. It’s these differences that we are going to explore in this blog but let’s begin with a few definitions. What is […]. The post What is the Difference Between Strategic Sourcing and Contracts?

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Risk Management Requirement for Financial Services Procurement

ivalua

The post Risk Management Requirement for Financial Services Procurement appeared first on Ivalua.

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Understanding the Bitcoin Market Crash of May, 2021!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Is Bitcoin Volatility a Threat for Traders? Bitcoin market crash article and permission to publish here provided by Jean Nichols. Bitcoin is the first-ever cryptocurrency of the marketplace and conferring the ground concept of bitcoin; there was an exceeding extent of altcoins in just a nominal time.

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The Role Procurement Teams Play in Contract Management

ProcurePort

Procurement today is supposed to be a management function within an organization, directly supporting the strategic goals of the organization. However, this is yet to be achieved in most organizations. In most cases, contract management is left to the legal department team members. However, the team may not have all the required technical knowledge to […].

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Integrated Search Experience with Amazon Business Datasheet

ivalua

The post Integrated Search Experience with Amazon Business Datasheet appeared first on Ivalua.

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World’s Food Supplies Get Slammed by Drought, Floods and Frost

Supply Chain Brain

Extreme weather is slamming crops across the globe, bringing with it the threat of further food inflation at a time costs are already hovering near the highest in a decade and hunger is on the rise.

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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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The Financial Evolution of Bitcoin!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How to Become a Professional Bitcoin Trader! Financial evolution of Bitcoin article and permission to publish here provided by Jean Nichols. Bitcoin was unconfined at the instance of the financial crisis in 2009. The foremost software of bitcoin was released at first glance of 2009, and in March 2009, the second block of bitcoin complex was mined.

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JAGGAER ONE 21.2 Release Automates and Optimizes Common Procurement Tasks, Accelerating Time to Value

Jaggaer

The post JAGGAER ONE 21.2 Release Automates and Optimizes Common Procurement Tasks, Accelerating Time to Value appeared first on JAGGAER.

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How Government Procurement Is Different Now

ivalua

The post How Government Procurement Is Different Now appeared first on Ivalua.

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What We've Learned From Retailers Adopting Micro-Fulfillment Centers

Supply Chain Brain

Today’s micro-fulfillment centers are taking multiple forms — including in-store, hub-and-spoke and dark store — and each comes with unique advantages and challenges.

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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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All-Inclusive Features of Blockchain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is Blockchain? And How Does it Work? (Infographic). Features of Blockchain article and permission to publish here provided by Jean Nichols. Bitcoin technical aspects stunned every possible participant of the cryptocurrency industry as bitcoin is a lethal mishmash of all-inclusive technical aspects such as peer-to-peer network, blockchain, mining, and the proof of work mechanism.

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The Golden Rules of Category Management Strategy

Jaggaer

The post The Golden Rules of Category Management Strategy appeared first on JAGGAER.

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Inventory Collaboration Datasheet

ivalua

The post Inventory Collaboration Datasheet appeared first on Ivalua.

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Tight Battery Market Is the Next Test for EVs After Chip Crisis

Supply Chain Brain

Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers already grappling with a chip crisis.

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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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The Supply Chain Response to India’s Second Wave of Covid!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! India’s second wave of Covid article and permission to publish here provided by Ajay Jha. April 2021 saw India grappling with Covid- 19 again. The largest democracy in the world witnessed a tremendous surge in Covid infections with more than 3 lakh fresh Covid cases daily.

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SUPPLIER RELATIONSHIP MANAGEMENT : AN OPPORTUNITY FOR PROCUREMENT MAKEOVER

Zycus Cognitive Procurement

SUPPLIER RELATIONSHIP MANAGEMENT (SRM) MATURITY IS CORRELATED WITH PROFITABILITY. The last year demonstrated precisely how important it is to have an agile and mature SRM capability. The global economy is going through a period of unprecedented churn. Hence, procurement teams are compelled to scale up, scale down, pause, or even accelerate processes depending on the market situation and current supplier dynamics.

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Episode 050 – Weapons of Influence – Pt. 2 – Commitment & Consistency

Procurement Zen

This is second part of the series on Cialdini's weapons of influence. Episode Highlights Today we're talking commitment and consistency Generally spoken we humans tend to behave consistent with previous statements we made Ever saw a free trial for something? Consistency in high gear Let's take this example right away a little bit further: before you let your demand owners use a free trial of a software or something ask them the following: what will make this trial a success?

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Bosses at 3M, GE Expect Stubborn Inflation Throughout 2021

Supply Chain Brain

Mounting inflation will weigh on 3M Co. through year-end as spiking prices for everything from polypropylene, chemicals and other raw materials to logistics and labor show no signs of abating, Chief Executive Officer Mike Roman said.

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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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Commercial Trucker Training! Sufficient or Not?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Truck Drivers – Unsung Heroes of the Supply Chain! (Infographic). Commercial trucker training article and permission to publish here provided by Susan Melony. If you spend a lot of time on the road, especially on the highway, you’ve probably noticed the enormous commercial trucks that are constantly rumbling by.

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4 Promotional Kit Ideas for Holiday Corporate Gifting! Part 3: Road Trip

Superior Business Solutions

Today we’re continuing our series of posts featuring exceptional promotional kits for holiday corporate gifting. Promotional gifts that help them make memories and remember you. The post 4 Promotional Kit Ideas for Holiday Corporate Gifting! Part 3: Road Trip first appeared on Superior Business Solutions.

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Does your Procurement Data have its COAT? [CONSISTENT, ORGANISED, ACCURATE, TRUSTWORTHY]

World of Procurement blog

Does your Procurement Data have it’s COAT? If your Procurement data doesn’t have a COAT, there could be a range of bad or costly decisions made which could affect the business performance, financial situation, risk jobs, or even the fate of the company. It’s a bit like dating – the more refined the search pool is, the more likely you are to find a match!

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TSMC Mulls German, Japan Chip Plants to Diversify Supply Chain

Supply Chain Brain

In both cases for potential international expansion, the world’s biggest chipmaker will look to share the cost, whether with customers or government authorities eager to bring its business within their borders.

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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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An Overview of Binary Options for Internet Trading!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 6 Ways to Attract Investors to Your Startup Business! Binary options article and permission to publish here provided by Isabella Gregory. As a beginner, numerous sorts of trading to the internet trading market will connect your eyeballs. Binary Options are one of them. It differs from other types of trading in that it involves you forecasting and bet on asset price movements.

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4 Promotional Kit Ideas for Holiday Corporate Gifting! Part 2: Let’s Get Cooking (with Case Study)

Superior Business Solutions

These Cooking Kits Will Help Stoke Your Business Relationships Okay, time to put your “Santa” hat on again. We’re back with part two of our special series suggesting some exceptional holiday promotional gifts for employees, clients and top prospects. Last week, in our first post, I reminded you of the importance of acting early this […]. The post 4 Promotional Kit Ideas for Holiday Corporate Gifting!

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Covid-19 and Supplier Relationship Management (SRM) [Step-by-Step Guide]

World of Procurement blog

We need to think about Supplier Relationship Management during Covid-19 COVID-19 is having a significant effect around the world for individuals in terms of the way we work and live our daily lives. In this article, Sharon Croome breakdown a simple step-by-step guide to Supplier Relationship Management in the Supply Chain. It is having some challenging impacts on our procurement and supply chain professionals too.

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Nike, Adidas Output Snarled as Covid Shuts Asian Factories

Supply Chain Brain

Some of the world’s biggest footwear and garment companies are seeing production pinched as factories in Southeast Asia struggle to keep the lights on amid one of the world’s deadliest COVID-19 resurgences.

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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.