Sat.Aug 15, 2020 - Fri.Aug 21, 2020

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How (and When) to Deep Clean and Sanitize Your Warehouse

All Things Supply Chain

In the last few months, Covid-19 has introduced many new challenges into people’s everyday lives.

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Procurement Software Implementation in 3 Easy Steps

ProcurePort

Procurement and sourcing teams are some of the busiest departments of any organization. All year round they are working round the clock to ensure that goods & services for the business are procured in a timely manner from reliable suppliers to keep operations running smoothly. Procurement teams cannot slacken or let their guard down otherwise […].

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Trending Sources

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Value Of Public Procurement Modernization

ivalua

The post Value Of Public Procurement Modernization appeared first on Ivalua.

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The Reverse Logistics Role in Supply Chain Trends!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What Exactly Is Reverse Logistics? Reverse logistics role article and permission to publish here provided by Kevin Jessop at cerasis.com. As customers continue to shop online the demand on reverse logistics—particularly the process of managing returns—will skyrocket. It’s the same story; customers want more and more.

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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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Supply Chain – Ask an Expert with Farzana Shubarna

All Things Supply Chain

After attending this year’s virtual Supply Chain Summit, we had the opportunity to bring back our Supply Chain – Ask an Expert series.

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5 Tips When Using Inventory Management Software

ProcurePort

Without inventory management, businesses, economies, and societies would descend into chaos. Inventory management is one of the most crucial elements in developing strong and resilient supply-chains that aren’t affected by the volatile marketplace. Implementing inventory management software has become an industry standard in order to better facilitate the processes and practices involved in inventory management. […].

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Climbing Mount Kilimanjaro! Lessons for Life and Business!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. I spent a year working in Colorado. In Colorado you can’t help but be drawn to the beauty of the mountains. Eventually I started climbing those peaks (called the Fourteeners, as they are over 14,000 feet high) in my spare time. I hadn’t even thought about Mount Kilimanjaro at that point.

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Supply Chain Weekly Wrap-Up 08/14/20 – 08/20/20

All Things Supply Chain

Postal Delivery Delays Trouble E-Commerce Sellers Ecommerce sellers are experiencing major headaches and digital marketplaces like eBay Inc.

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A Vendor Management Guide for Procurement Leaders

ProcurePort

As discussed in previous articles, there are various roles throughout a procurement team. While each role serves a specific function – they are all independently crucial to the overall success of the procurement team. Vendor management is an essential function of the procurement department, and is multifaceted in nature. HCM Works defines vendor management as, […].

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How the Pandemic Will Permanently Transform Sourcing Strategies

Supply Chain Brain

When it comes to global manufacturing and sourcing strategies, the coronavirus pandemic has amplified and accelerated a number of trends that were already well underway before it began.

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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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Cognitive Automation Summit

Supply Chain Trend

Hi all, if you enjoyed my latest blogs about automation and augmentation in supply chain, you can’t go past the Cognitive Automation summit. Join senior executives and thought leaders virtually in the first-ever Cognitive Automation Summit. Interact with domain experts in intimate breakout sessions and see Cognitive Automation in action at some of the largest global organizations.

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What Exactly is Freight Consolidation?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Do you have a Freight Management Strategy or are you Spinning your Wheels? Freight Consolidation article and permission to publish here provided by Adam Robinson at sonar.freightwaves.com. How can freight forecasting aid consolidation strategies? Supply chains across the U.S. are experiencing the stresses of trying to fill orders and comply with mandates affecting travel, driver hours and person-to-person contact.

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5 Inventory Reduction Strategies to Drive Cost Savings

EazyStock

For businesses that carry non-perishable goods it’s tempting to order and carry surplus stock to help meet market demand and hit order fulfillment targets. In some circumstances carrying excess stock can be a good thing: having all items in stock helps avoid costly back orders and keeps customers happy. However, holding too much can have a number of negative implications, such as high carrying costs , over-investment in stock and poor cash flow.

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5G Is on the Way: What Will It Mean for Supply Chains?

Supply Chain Brain

5G will soon become the new technology standard for cellular networks, and the benefits for business in general, and the supply chain specifically, are immense.

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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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It is about time that we leveraged supply chain analytics

Solvoyo

Are you using spreadsheets as a supply chain planning tool to collect and manage your data and perform analysis? Well, you’re not the only one hopping from one Excel sheet to another all-day at work. As a matter of fact, you are doing nothing wrong, if it were the early 2000s. It turns out “insiders joke about billion-dollar procurement-management-disposition cycles that are managed in spreadsheets” according to Requis.

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5 Ways to Raise Your Quality Management Game!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. A Tale of Two Companies: Different Quality Management Beliefs! Quality Management article and permission to publish here provided by HQTS Group at hqts.com. With an increasing number of ways to bring products to market and stiff competition aiming to turn consumers’ heads, it’s important to keep ahead of the curve.

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Pandemics, Trade Wars and Warehousing 2: Optimizing for Uncertainty with Real Time Business Networks

The Network Effect

The post Pandemics, Trade Wars and Warehousing 2: Optimizing for Uncertainty with Real Time Business Networks appeared first on The Network Effect.

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Unilever Uses Phones to Track Sustainable Palm Oil

Supply Chain Brain

Unilever is planning to use new geo-location technology to make its palm oil supply chains more transparent and tackle a farm-to-table traceability problem that has plagued the industry for decades.

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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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Saving Supply Chain Planners from Chaotic Spreadsheets

Solvoyo

Are you using spreadsheets as a supply chain planning tool to collect and manage your data and perform analysis? Well, you’re not the only one hopping from one Excel sheet to another all-day at work. As a matter of fact, you are doing nothing wrong, if it were the early 2000s. It turns out “insiders joke about billion-dollar procurement-management-disposition cycles that are managed in spreadsheets” according to Requis. .

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Spend Analytics with Process Mining – Samir Kharkan from SCALUE

The Procuretech Podcast

Understanding what you spend is the most important part of strategic procurement. Without this, you can't do much else. You're shooting in the wind, not really knowing whether what you're tackling are the ripest opportunities. While spend analysis tools have been around for a while, they're now becoming old hat. The new generation provides spend analytics and guides you to where the best opportunities may be hiding in your spend data.

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Claritum launches a Buy & Sell Ecosystem for Organisations to Trade

Claritum

Remotely Trade with Claritum's Buy & Sell Ecosystem for Organisations Bath, UK (Aug 20, 2020) – Claritum, a provider of cloud-based spend management solutions, today announced the launch of new functionality that enables organisations to leverage a buying and selling ecosystem to trade remotely. “With the Claritum system being used to manage interactions and transactions with many vendors.” said Prof.

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Oil Companies Wonder If It’s Worth Looking for Oil Anymore

Supply Chain Brain

As the coronavirus ravages economies and cripples demand, European oil majors have made some uncomfortable admissions in recent months: oil and gas worth billions of dollars might never be pumped out of the ground.

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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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Watch: The State of Supply-Chain Management Education

Supply Chain Brain

Nehemiah Scott, professor and director of supply-chain management at the University of Illinois' Gies College of Business, describes how the topic is being taught in online courses during physical school closures and the coronavirus pandemic.

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Tiffany Will Soon Reveal Everywhere Your Diamond Has Traveled

Supply Chain Brain

Tiffany & Co. wants to ease customers’ concerns about human rights abuses in the diamond industry by providing them with an unprecedented amount of detail about the precious stones it sells.

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Cutting Out the Middleman: Suppliers Adopt Direct-to-Consumer

Supply Chain Brain

Here are three ways to strategically grow wholesale distribution.

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Sourcing the Unknown: Better Done Together

Supply Chain Brain

In the fight against COVID-19, stakeholder collaboration is saving lives.

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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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Amazon Makes It Harder for Sellers to Avoid Shipping Service

Supply Chain Brain

Amazon.com plans to make it harder for merchants to ship products themselves, meaning they’ll be more likely to pay the company to handle the task.

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2019 Forecasting and Inventory Benchmark Study

Supply Chain Brain

What does best-in-class forecasting and inventory management look like? Now in its ninth year, E2open’s 2019 Forecasting and Inventory Benchmark Study is the most consistent, comprehensive and useful study of its kind. The study encompasses over $250 billion in annual sales from global manufacturers across a variety of industries, including consumer packaged goods, food and beverage, animal care, chemicals, and oil and gas.

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Weathering the Trade Policy Storm

Supply Chain Brain

Supply chains are running at full steam trying to catch-up and fulfill the demands of the new consumer. Meanwhile, in other areas of the world, the economy is taking a hit from obstacles that hinder open commerce and trade. Protectionist trade policies are causing companies to shift their country sourcing practices. To help keep things moving and visible, companies are also modifying their investments in automation and technology.

Export 40
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Are We There Yet?

Supply Chain Brain

Do you remember taking long road trips as a kid and you would repeatedly ask your family, “Are we there yet?” Shippers and their logistics service providers (LSPs) often have a similar conversation during long transport journeys, except the question is usually “Is my stuff there yet?” or “When is my shipment going to arrive?

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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.