Sat.Nov 27, 2021 - Fri.Dec 03, 2021

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‘Emission’ Impossible – What are the 4 Steps to Ensuring Supply Chain Sustainability?

ivalua

In recent years, sustainability has increasingly become a top priority for many organisations. The UN Climate Change Conference UK 2021 (COP26) resulted in another wave of agreements and net zero commitments. Many businesses, governments, and consumers are now acutely aware of the importance of taking action to prevent climate change. One of the UK’s net zero pledges requires listed UK businesses to release public plans for reaching climate change targets by 2023.

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Current Challenges in Biotech Procurement

ProcurePort

The COVID-19 pandemic wreaked havoc, disrupted supply chains, and biotech procurement operations for thousands of companies around the country. The current biotech procurement challenges being faced by Chief Procurement Officers and their teams are colossal. In this post, we’re going to discuss some of these issues and see how some enterprises have chosen to respond. […].

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Four Steps to Building Better Supplier Relationships

Supply Chain Brain

It’s clear that we need a root-and-branch reimagining of supply chain models, to ensure that global trade can survive future crises like the one we’re enduring today.

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6 Things to Consider Before Starting a Business Partnership!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Things Startups Must Know Before Launching a Minimum Viable Product (MVP)! Business partnership article and permission to publish here provided by Claire Glassman. The idea of starting a business partnership can be very exciting. It allows you to utilize complementary talents and shared resources.

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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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Creating Tail Spend ROI Through an Improved Buyer Experience

ivalua

Lifted from their latest webinar, Jean-Baptiste Anne from Amazon Business and Vishal Patel from Ivalua offer insights into tail spend management programs and the ROI these programs can generate for procurement teams. . To summarize, tail spend is commonly labeled as the money a company spends on purchases that accounts for roughly 80% of total transactions, making up about 20% of the company’s spend by volume.

Buyers 130
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How RFx Software Makes Procurement Easier

ProcurePort

Can RFx software really streamline the procurement process? The short answer? Yes, it can. Procurement technologies including RFx software have become such an integral part of enterprise operations that the market value of procurement software is projected to reach $9.6 billion by 2026. This proliferation of procurement software has made it incredibly easier to source […].

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4 Must-Haves in Your Product Packaging Checklist!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Product Packaging Mistakes That Could Cost You Customers! Product packaging checklist article and permission to publish here provided by Claire Glassman. When shopping for new products, it’s always the packaging that will first catch the eyes of the buyer. For consumers who are yet to try what’s inside, the packaging is often what influences their decision whether to buy it or not.

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Webinar Recap: Connecting the Dots Between ESG Objectives and Source-to-Pay Processes

ivalua

ESG initiatives significance in your Supplier Management Strategy. Why ESG is a becoming critical for organizational success. How to incorporate ESG data into sourcing, procurement, and supplier management decisions. Ways to identify and gather ESG data in order to improve decision making. Business has and continues to face a number of challenges and have undergone a number of changes in the last 12 – 18 months.

Sourcing 130
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How Can Hospitals Benefit from Using e-Sourcing Software?

ProcurePort

The procurement process for hospitals is quite complex compared to other industries with shorter and less regulated supply chains. Hospitals need to pay attention to regulations, prices, logistics, and other variables in their procurement processes. The number of items and services that need sourcing are many too. Relying on spreadsheets is ineffective because there is […].

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How Digital Twin Technology Is Bridging the Manufacturing Talent Gap

Supply Chain Brain

The concept of the digital twin, in which an organization creates a virtual representation of its business operation, has been around in various forms for decades, but has undergone a tremendous shift in recent years.

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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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A Complete Guide to Business Process Outsourcing!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Outsourcing Sourcing! 5 Lessons from Around the Globe! Business process outsourcing article and permission to publish here provided by Catherine Park. In the current digital world, a successful business isn’t necessarily an efficient business. The difference between these two businesses often comes down to deploying smart and innovative processes that match customer expectations.

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Procurement’s Critical Role in Boosting Supply Chain Resilience

ivalua

The post Procurement’s Critical Role in Boosting Supply Chain Resilience appeared first on Ivalua.

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The Future of Retail: Technologies Enabling Q-Commerce Growth

Solvoyo

Speed and availability are the most important reasons customers choose RGD and Q-Commerce companies. To keep up with the demand, these businesses have to keep investing in automation across all supply chain points. The post The Future of Retail: Technologies Enabling Q-Commerce Growth appeared first on Solvoyo.

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Watch: How the Pandemic Affects Supply Chain Sustainability

Supply Chain Brain

Vigilance in dealing with vendors and suppliers is crucial to sustainability, says Jim Stock, University of South Florida professor, but the pandemic has interrupted inspections and other preventive measures.

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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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Can Decentralized Finance Revolutionize the Financial Segment?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Decentralized finance revolutionize article and permission to publish here provided by Jean Nichols. Decentralized finance, acronym DeFi, became exceedingly popular in the summer of 2020, due to the exciting phase of bitcoin and other cryptocurrencies overshadowed the essence of decentralized finance.

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Supplier performance -Supplier gone rogue

Future Purchasing

At what point does the performance of a supplier suggest we need to take definitive action with our SRM? From our experience, we see a whole range of responses to inadequate supplier performance from different organisations, ranging from full intervention to full inaction, even when there appear to be compelling reasons for mobilising a well-designed intervention.

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Beyond Annual Reports: Three Ways to Leverage Supplier Sustainability Information for Your Business

SupplyShift

In recent years, companies have come under increasing scrutiny from customers, employees, investors, governments, and NGOs. What do they want? For companies to demonstrate environmental stewardship and get proactive on social issues. As this scrutiny mounts, companies and countries worldwide are making tremendous strides to tackle the sustainability agenda, with organizations such as the Science Based Targets initiative (SBTi) and industry-accepted pledges like the Paris Accord providing much n

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Three Ways E-Tailers Can Cut Shipping Costs for Shoppers

Supply Chain Brain

The pandemic’s impact on the global supply chain means holiday shoppers are getting higher than average “out-of-stock” notifications for items they want to purchase, while also experiencing price hikes and shipping delays. What to do?

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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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Finding the Best High-Yield Savings Account!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is a Good Credit Score? High-yield savings account article and permission to publish here provided by M.Zahid. Many people are eager to try and save money and make sure their money works hard for them. However, these days, it has become more difficult to find the right savings account if you want one that provides a healthy return.

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13 Sustainable Procurement Tactics that Drive Real Results

Jaggaer

The post 13 Sustainable Procurement Tactics that Drive Real Results appeared first on JAGGAER.

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Beyond Annual Reports: Three Ways to Leverage Supplier Sustainability Information for Your Business

SupplyShift

In recent years, companies have come under increasing scrutiny from customers, employees, investors, governments, and NGOs. What do they want? For companies to demonstrate environmental stewardship and get proactive on social issues. As this scrutiny mounts, companies and countries worldwide are making tremendous strides to tackle the sustainability agenda, with organizations such as the Science Based Targets initiative (SBTi) and industry-accepted pledges like the Paris Accord providing much n

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How to Streamline the Procurement Process, From Finding Vendors to Paying Them

Supply Chain Brain

The procurement process is composed of symbiotic moving parts. When components don’t communicate efficiently, breaks in the supply chain occur, causing costly errors, lost time, and missed opportunities.

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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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Can Crypto Banks Kill Central Banks?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Everything You Should Know About Crypto Banks! Article and permission to publish here provided by Jean Nichols. Supporters of central banks and centric financial authorities consider them to be the utmost essential entity of global economic infrastructure. These centric entities sustain the economy and employment aspects of the explicit region.

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JAGGAER Highlights the Need for Supply Chain Visibility in Pursuit of ESG Goals

Jaggaer

The post JAGGAER Highlights the Need for Supply Chain Visibility in Pursuit of ESG Goals appeared first on JAGGAER.

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Affordable, easy to use E-Sourcing and Auctions – Nicholas Martin from Market Dojo

The Procuretech Podcast

A tool that's easy to use and affordable, but also very versatile in terms of what it can do and the add-ons that go with it. We continue our mini-series of e-sourcing solutions today with Market Dojo. They've grown a feature rich e-sourcing tool that is offered as a simple, pay monthly software but also comes with many different additional modules to complement the core RFx / e-auction software on offer.

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Localizing Your Supply Chain? Consider These Four Tips

Supply Chain Brain

Many organizations are shifting to localized sourcing, to overcome the delays and barriers that have emerged during the pandemic.

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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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Reviewing the Hottest Cryptocurrencies!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Different Types of Cryptocurrencies! Hottest cryptocurrencies article and permission to publish here provided by Jean Nichols. Cryptocurrencies are underlined as the utmost lethal combination of finance and technology. The concept of cryptocurrencies was introduced in 2002 at the very first glance, and in 2007, Nick Szabo conceptualized cryptographic cash named bit gold.

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JAGGAER Appoints New Sales Director and Ramps up Investment in Benelux

Jaggaer

The post JAGGAER Appoints New Sales Director and Ramps up Investment in Benelux appeared first on JAGGAER.

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What Procure to Pay (P2P) Transformation Vendors Don’t Tell You?

Zycus Cognitive Procurement

Procure to Pay transformation is the topmost agenda for every CPO. However, no two P2P transformation outcomes are the same. A McKinsey and University of Oxford research suggests that on average, large IT projects run 45% over budget and 7% over time while delivering 56% less value than predicted *. Some can put the whole organization in jeopardy. Every transformation journey is nothing short of an off-road adventure that can be compelling and challenging at the same time.

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Watch: Supply Chain Requirements Vs. Solutions

Supply Chain Brain

One risks wasting huge sums by exploring supply chain solutions before identifying one's supply chain needs, says Steve Hopper, founder and principal of Inviscid Consulting.

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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.