ivalua
MAY 31, 2022
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.
All Things Supply Chain
MAY 30, 2022
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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ABC of Procurement
JUNE 2, 2022
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.
RPF360
JUNE 2, 2022
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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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.
ProcurePort
JUNE 2, 2022
• 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.
ivalua
JUNE 1, 2022
Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement. From this discussion, we compiled a list of 8 critical supply chain management activities that to improve, build, and maintain supply chain resilience now and in the years to come.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
RPF360
JUNE 2, 2022
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.
ProcurePort
JUNE 1, 2022
• 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 […].
ivalua
JUNE 1, 2022
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.
Procurement Leaders
MAY 30, 2022
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.
Advertiser: GEP
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.
SCMDOJO
JUNE 3, 2022
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.
ProcurePort
MAY 31, 2022
• 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 […].
ivalua
MAY 30, 2022
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.
Procurement Leaders
MAY 29, 2022
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
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
Supply Chain Game Changer
MAY 31, 2022
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.
Supply Chain Brain
JUNE 1, 2022
Shippers and carriers are accelerating the pace of digital transformation — creating new security challenges and opportunities for hackers.
SpendHQ
JUNE 2, 2022
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 […].
Value Match
JUNE 1, 2022
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.
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.
Supply Chain Game Changer
JUNE 2, 2022
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.
Supply Chain Brain
MAY 31, 2022
As the U.S.’s largest ports in California moved record amounts of cargo amid pandemic-induced supply chain bottlenecks, union dockworkers strengthened their indispensable role in the nation’s logistics network.
The Procuretech Podcast
MAY 31, 2022
This week we’re doing something a little bit different: A quick solo episode, bringing you ten key criteria to consider when sourcing a digital procurement solution. This is something that seems surprisingly hard to come by in popular articles and white papers, so here are ten helpful factors to consider. Let’s dive into the list… 10 Key Factors When Choosing A Procurement Solution. 1.
CPO Rising
JUNE 1, 2022
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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Supply Chain Game Changer
JUNE 3, 2022
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.
Supply Chain Brain
MAY 28, 2022
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. .
Fraxion
MAY 31, 2022
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.
Arkestro
MAY 30, 2022
Harvard Business Review has a number of articles that provide an excellent primer on the background of procurement in the health and pharma industries and the extraordinary challenges they have faced during the COVID-19 pandemic. The researchers who have authored these articles point to the need for procurement to play a leading role in addressing the challenges.
Advertiser: GEP
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.
Supply Chain Game Changer
JUNE 1, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Is Cardboard Packaging Environmentally Friendly? Mono-material can be described as a product only made from one resin type. Packaging using this option is rapidly gaining popularity when compared to multi-material packaging. There are a number of very clear advantages of using this option: Material is recyclable and much easier to recycle.
Supply Chain Brain
MAY 31, 2022
Big retailers rushed to build up inventories last year amid soaring consumer demand and transportation bottlenecks — going so far in some cases as to rent their own cargo ships. Now, they’re trying to figure out how to sell all their stuff.
Barkers Procurement
MAY 31, 2022
Blackpool has more households classed as fuel poor (15.2%) than any other part of Lancashire, a startling statistic, especially when compared with the national average of 10.3% (Department for Business, Energy and Industrial Strategy). The reasons for this are complex and varied, and a solution requires focus from multiple areas. Many organisations across the North West are already working hard to address this issue.
Zycus Cognitive Procurement
MAY 31, 2022
The last two years have been turbulent for the manufacturing industry. Broken supply chains, unavailability of heavy goods vehicle (HGV) drivers and production stoppages had a negative impact. 2022 is no way better; it has begun with semiconductor manufacturers facing chip shortages. And the war in Europe has only aggravated the situation. Disruption has indeed become the new normal.
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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.
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