Sat.May 28, 2022 - Fri.Jun 03, 2022

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Friends not Foes, Supplier Relationships Made to Last

ivalua

Supply chains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supply chain and your customers’ end markets. A company’s supply chain is a key source of competitive advantage and Supply Chain Management (SCM) is designed to allow a company to monitor its suppliers and utilize the available resources to improve performance.

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How AR and VR Can Cut Waste in the Supply Chain

All Things Supply Chain

Since the COVID-19 pandemic, businesses and consumers have struggled to access affordable materials. Supply chain deficiencies are significantly impacting the global market.

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Hey procurement team! What can you buy in the Metaverse?

ABC of Procurement

So much talk about the Metaverse. You can do this; you can do that. I wanted to see what may the Purchasing department look for in the metaverse. The post Hey procurement team! What can you buy in the Metaverse? first appeared on ABC of Procurement.

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RFP360 named value leader by Spend Matters

RPF360

Spend Matters has recognized RFP360 as a strategic sourcing value leader in their Spring 2022 SolutionMap evaluation. The RFP management system features RFP automation, RFP process workflows and more making it a powerful request for proposal tool. Read more about the evaluation and results in this press release. The post RFP360 named value leader by Spend Matters appeared first on RFP360.

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GEP Spend Category Outlook Report 2025

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

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Direct Purchase Order Definition

ProcurePort

• Direct purchase orders are issued in the acquisition of raw materials that go into the final product in a manufacturing enterprise. • For an automaker, direct purchase orders would be issued for the acquisition of finished and semi-finished components, parts, fasteners, paints, rubber parts, plastic parts, castings, metal sheet parts, and forgings.

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Schneider Electric’s three-pronged strategy to support the transition to a net-zero future

Procurement Leaders

Challenge. With up and downstream emissions accounting for 57% of the average company’s environmental impact, according to Procurement Leaders research, improving supply chain sustainability is becoming an ever-greater priority for business leaders. Schneider Electric, the leader in the digital transformation of energy management and automation, embarked on a massive transformation in 2021, which includes deploying services and solutions to deliver energy efficiency and sustainability while guid

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More Trending

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Top RFP training resources

RPF360

Issuing your first RFP? We've got all the RFP training resources you need to make it a success. Explore how to issue an RFP that helps you select the right vendor, reduce costs and minimize risk. The post Top RFP training resources appeared first on RFP360.

Risk 130
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How to Prepare for Emerging Supply Chain Regulations

ProcurePort

• The global development goals have highlighted the changing role of sustainability. The GDPs seek to ensure that individuals, organizations, and institutions follow the set regulations in protecting and safeguarding the sustainability of future generations. • A special part of global sustainability is new regulations that control industrial and institutional operations and limit the damage […].

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CBRE and Zurich’s approach to boosting spend with diverse suppliers and social enterprises

Procurement Leaders

Challenge. Like an increasing number of companies, property services giant CBRE recognises the value of using procurement to drive social impact through spending with diverse suppliers and social enterprises. As well as helping to create a more equal society, this can also drive improvements in resilience and innovation, and enhance a company’s attractiveness to clients with similar social goals.

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Part II: Bridging the Gap between Procurement and Finance. A New Vision for Amrest

ivalua

Part 1 HERE. Amrest, a restaurant operations leader in Europe, has shown growth and resiliency despite economic downturns. By bridging their finance gaps, their business as seen significant growth and expansion. . Amrest runs more than 2300 locations, including KFC, Pizza Hut, Burger King and Starbucks franchises, along with its own brands of restaurants.

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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Five Ways Shippers Can Shore Up Cybersecurity

Supply Chain Brain

Shippers and carriers are accelerating the pace of digital transformation — creating new security challenges and opportunities for hackers.

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Vendor Management for Dummies

ProcurePort

• A vendor management system provides efficiency, reduces operational costs, and extends a collaborative approach to improving products and services. • Managing vendors is a central part of any procurement process. Despite the criticality of vendor management in modern supply chains, organizations are yet to deploy vendor management systems. Tips to Help You Understand Vendor […].

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Pan American Health Organization’s digital endeavours to increase procurement speed and efficiency

Procurement Leaders

Challenge. Automation promises to hugely streamline the job of procurement, eliminating tedious administrative work and ultimately allowing the function to move faster and focus on more strategic priorities. That was the aim of the Pan American Health Organization (PAHO), a specialised international health agency for the Americas, when it turned to robotic process automation (RPA) as it faced up to the unprecedented challenge of helping countries throughout the Americas in their response to the

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#1! Are you a Supply Chain Digital Champion?

ivalua

Digital Champion Best Practices. In today’s dynamic business environment, consumer behavior and expectations are changing dramatically. As the demands on supply chains continue to increase, so do the expectations of consumers. Most consumers are conducting their own research before making decisions, buying across multiple channels and expecting customized products and services.

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From Reactive to Resilient: Charting Your Supply Chain Maturity

In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.

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The Single Point of Failure in Supply Chain – Baby Formula!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Single Point of Failure in Supply Chain – The Suez Crisis! There are over 3.5 million births in the United States every year. That is a lot of babies who need baby formula. With such a large number of births you would expect that there would be a steady, well established industry supporting the supply of all needs for new mothers, babies and their families.

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How Technology Can Solve Procurement’s Talent Crisis

Supply Chain Brain

Procurement has traditionally struggled to attract top talent, but new technology promises to help.

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Why Use Purchase Orders (POs) in Your Bookkeeping?

SCMDOJO

Gather the accountants, leaders, department heads, store managers, and ask them which document plays the most significant role in the company. Sure, you’ll get different answers. But most will agree that one document is crucial for nearly all business functions, and automating it can ultimately boost your profits. And that’s no other than a purchase order.

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Spend Matters Ranks SpendHQ as a Customer Leader in Spring 2022 SolutionMap

SpendHQ

Atlanta, June 2nd – SpendHQ lands as a Customer Leader in Spend Matters’ most recent release of its SolutionMap benchmarking for Spring 2022. This release includes technology rankings that include 69 vendors. Known as the most rigorous, data-centric functionality assessment of procurement technologies in the industry, SolutionMap contains 500+ RFI requirements across 10 source-to-pay module […].

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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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Industry 4.0 and How Data is Changing Manufacturing!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Preparing Your Company for Industry 4.0! Industry 4.0 , sometimes also called the fourth industrial revolution , is a trend of data exchange and automation in changing manufacturing and manufacturing technologies. This data exchange and automation is meant to make factories and plants smarter.

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Three Imminent Threats at the Intersection of Geopolitics and Supply Chain

Supply Chain Brain

Over the next 12-18 months, companies will be witnessing an avalanche in slow motion. .

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Spend Matters Names JAGGAER a Value Leader in the Spring 2022 SolutionMap Rankings

Jaggaer

The post Spend Matters Names JAGGAER a Value Leader in the Spring 2022 SolutionMap Rankings appeared first on JAGGAER.

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The Chinese Concentration Camps

Value Match

Categories. Best Practice Guides. Bid Management. Business. Case Study. Circular Economy. Community Story. Contract for Change. Environment and Climate. Equality and Inclusion. Government Buying Standards. House of Commons Committee of Public Accounts. Human Rights and Modern Slavery. Legislation. National Audit Office Reports. News. Procurement Best Practice.

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GEP Outlook Report 2025

For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic

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Reasons to Become a Java Developer and How Microsoft 98-388 Can Help!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Hiring a Software Development Team – Pros and Cons! Should you become a Java Developer? Honestly, we will never have a straight answer to that question considering different students have different reasons to pursue a specific career path. However, with programming MS-101 Exam of essential business operations these days, you have every reason to turn to Java as one of the best solutions to long-term career growth.

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How to Tackle Supply Chain Disruptions With an I2R Team

Supply Chain Brain

How do businesses tackle a tumultuous supply chain? Establish an issue-to-resolution (I2R) process that allows a dedicated team to tackle current and future issues. .

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Honeywell @IvaluaNow: Rethinking Procurement for Today’s World

CPO Rising

Leading supply management suite provider, Ivalua, recently held its annual user conference Ivalua Now as an in-person (but also virtual) event in Washington, D.C. It was another stellar showing of this always well-organized and high-class affair. Ardent analysts participated virtually this year and hope to return in person in 2023. The Day One mainstage was […].

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Payments Processing to Power Autonomous Commerce

Jaggaer

The post Payments Processing to Power Autonomous Commerce appeared first on JAGGAER.

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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

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Do You Need Crypto Knowledge in Business?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 10 Considerations Before You Buy Cryptocurrency! Whether you like it or not, crypto is taking over more and more facets of our lives. One of the areas it is seeing the most growth is in business. Adopting crypto and crypto knowledge into your business is not only forward-thinking but is becoming necessary.

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Supply Chain Snags Poised to Spur New Wave of Corporate Distress

Supply Chain Brain

Rising helium costs, missing auto parts, and shipping delays are spurring a new wave of financial trouble for companies already saddled with debt amid broader concern that the U.S. economy is on the brink of a downturn.

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Why spend management matters

Fraxion

Operating a business is expensive. According to the U.S. Bureau of Labor Statistics, 65% of businesses fail within their first ten years, and much of this is due to poor financing and cash flow. One thing is clear: no matter the size of your business, you need to manage the daily expenses your business incurs to operate effectively. Fortunately, business spend management solutions can help you do this.

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JAGGAER and Billtrust to Deliver Invoicing Automation

Jaggaer

The post JAGGAER and Billtrust to Deliver Invoicing Automation appeared first on JAGGAER.

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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.