Sat.Sep 05, 2020 - Fri.Sep 11, 2020

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The Next Chapter for the Supply Chain: The 3 most important topics shaping the future

All Things Supply Chain

No-one could have predicted over a year ago that a global pandemic would shut down economies all over the world; throw supply chains into chaos due to panic buying and…

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Purchase Order Requisition Software Developments for Your Procurement Team

ProcurePort

In most technologically saturated markets, there are going to be constant developments. This is certainly the case in the context of procurement. Because the procurement department is so large and comprehensive in it’s functionality, departments often make use of a multitude of softwares. Making use of multiple softwares comes with it’s fair share of pros […].

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Trending Sources

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Stretch Procurement partners with Ivalua to help companies reach the next level within procurement

ivalua

Malmö, Sweden 9 September, 2020 – Stretch Procurement, a leading Scandinavian consulting company, today announced a partnership with Ivalua, a leading provider of global Spend Management Cloud solutions. Under the partnership, Stretch will provide implementation and transformation services leveraging Ivalua’s platform. . Stretch Procurement helps companies to strengthen procurement capabilities through successful digitalization programs and transformations.

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How to Conduct a Spend Analysis in Seven Steps

Jaggaer

JAGGAER understands the traditional roadblocks to spend management and how important it is to gain insight into operational ineffectiveness in order to improve your sourcing success. A spend analysis allows you to do just that. Here, we’ve outlined the seven steps necessary to conducting a proper spend analysis. Step One: Identify. Identify all the sources available for your spend data, from all of your departments, plants and business units.

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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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15 Tips for Optimizing Your Supply Chain Today

All Things Supply Chain

From raw profitability and growth to the ability to delight customers with quick turnarounds, supply chain optimization is the missing ingredient for many organizations in a wide range of industries.

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What Does Source to Pay Mean in the “New Normal” of Procurement

ProcurePort

The global coronavirus pandemic has brought millions of businesses the world over to a grinding halt. In May 2020, The Washington Post reported that “over 100,000 small businesses had closed forever as the nation’s pandemic toll escalated.” Operations have slowed down as companies ask what is source to pay process under the “new normal”? Supply […].

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Unleash the Power of AI to Unlock the Potential of Procurement Enterprise

Jaggaer

As technologies like AI and RPA continue to establish a firm position in the mainstream, they are driving a fundamental change in businesses across sectors, globally. Marketing, operations, product design, and finance are just some of the areas transformed by intelligent application. Now, as companies start to seek, and create competitive advantages, the procurement function is in the spotlight.

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Supply Chain Weekly Wrap-Up 09/04/2020 – 09/11/2020

All Things Supply Chain

UK scrambling to fix critical gaps in Brexit Border Plan Officials of Boris Johnson are now scrambling to try and avoid a major border crisis when the UK leaves the…

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What the Procure to Pay Process Contributes to the C-Suite

ProcurePort

Running a business or organization requires dedication and strategic thinking. Some of the best organizations align their business practices and operations with their vision and mission statements. This way the company can be sure that all of the internal functions and operations conducted are purposeful and serve the same ultimate goal. As such, optimizing time […].

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3 Strategies Every Executive Must Deploy

The Network Effect

The post 3 Strategies Every Executive Must Deploy appeared first on The Network Effect.

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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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UK – China Huawei Rift Threatens Trade!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is 5G? And What Does it Mean for Supply Chain? (Infographic). The trade war between the US and China has already left a number of casualties in its wake, including Huawei, whilst also creating new fronts on which battles are being continuously fought. . This is borne out by the growing rift over technology brand Huawei, which has begun to impact throughout the west and created an opportunity for South Korea’s Samsung El

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How the Pandemic Is Paving the Way for Robots in Retail Fulfillment

Supply Chain Brain

Automation was proceeding at a rapid pace in many factories and warehouses before the coronavirus pandemic hit. Now, however, concerns over worker health, the need for social distancing, and the relentless push for cost-cutting are accelerating the progress of robots for order fulfillment.

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I’m speaking at ProcureCon Marketing Virtual Flagship Event – Join me on 9/23 for a Legendary Event!

Ms. Category Management

Join me at ProcureCon Marketing for a Panel on Global Marketing Procurement of Agencies - 9/23!

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E-Sourcing, AI and Game Theory – Edmund Zagorin from Bid Ops

The Procuretech Podcast

Innovation never stops. Alongside the tools that are making manual processes digital, there are also a new breed of tools which are fundamentally changing the way we go about our job. How we structure and carry out tenders hasn’t really changed much over the last 20 years. E-sourcing tools have been around since the late 1990s, and have been pretty mainstream for the past 15 or so years (I used them myself way back in 2003)!

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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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Digital Procurement Improves Supply Chain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Preparing Business for the Digital Supply Chain! Oracle Interviews Mike Mortson! Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. The Hackett Group has recently released their analysis of their procurement benchmarking database.

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The Digital Approach to Smart Container Shipping

Supply Chain Brain

With total vessel capacity expected to reach an all-time high in 2020, companies at every port and shipping nexus are beginning to re-evaluate longstanding business processes.

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What is a Bill of Lading? (Infographic)

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is a Bill of Entry (BOE)? Article and permission to publish here provided by Victor at excelsior.ph. The expansion of international trade as early as the medieval times led to the development of a system to help merchants keep track of the conditions of goods, as well as to validate its time and location of loading.

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Future-Proofing Your Supply Chain for the New Normal

Supply Chain Brain

Supply-chain executives in North America have a lot on their plates these days, to say the least.

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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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Why Biden’s Offshore Tax Plan Is Unlikely to Renew Rust Belt Factories

Supply Chain Brain

Biden’s proposal uses a carrot-and-stick approach that raises taxes on a corporation’s foreign profits but rewards companies with tax incentives for moving jobs and investment back to the U.S.

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Why It’s Time to Upgrade Mobile Technology in Transportation

Supply Chain Brain

Although the transportation industry was among the earliest adopters of mobile technology, upgrades have been lagging for the last decade.

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Watch: The Tipping Point for Reshoring Production to the U.S.

Supply Chain Brain

What's the point at which manufacturers decide to shift production from China and return it to the U.S.? Gregory Burkart, managing director and leader of the Site Selection & Incentives Advisory Practice of financial consultancy Duff & Phelps, offers some insight into the calculation.

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Watch: What Is a Continuous Supply Chain?

Supply Chain Brain

Bernard Goor, senior vice president of sales with Infor, explains the concept behind the continuous supply chain, and reveals the biggest obstacles that companies face when trying to achieve that goal.

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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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UPS Holiday Season Hiring Will Top 100,000 Amid E-Commerce Boom

Supply Chain Brain

The holiday hires, a slight increase from last year, will be on top of the thousands of workers the courier already has added to keep up with a surge in package demand.

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Building Supply-Chain Resilience for Turbulent Times

Supply Chain Brain

The single greatest risk from supply chains is getting caught off guard.

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Bridge the Gulf Between Supply Chain Planning and Finance

Supply Chain Brain

The majority of manufacturing companies manage planning through two separate teams. Finance assembles budgets and capital requirements. The operations team balances supply and demand and calculates future capacity and supply needs. In volatile times the operations team mitigates emerging risks or capitalizes on unanticipated opportunities. Through such periods the financial and operations plans often diverge, sometimes dramatically.

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Watch: How Can We Keep the Factory Floor Safe?

Supply Chain Brain

Suman Mahalanabis, director of product management for digital software and solutions with Tata Consultancy Services, describes the steps that factories will need to take in order to ensure the health and safety of workers during the pandemic and beyond.

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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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U.S., Europe Face Hurdles to Cut China Reliance for Rare Earths

Supply Chain Brain

The U.S. and Europe’s ambition to boost production of rare raw materials used in electric vehicles and wind turbines and reduce dependence on China will face obstacles, including higher costs and environmental concerns.

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Omnitracs Expands Its Platform Offering With Acquisition of SmartDrive

Supply Chain Brain

Omnitracs, a provider of SaaS-based fleet management and data analytics solutions, and SmartDrive, a provider of video-based safety and transportation intelligence, recently announced that they have entered into a definitive agreement for Omnitracs to acquire SmartDrive.

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BluJay's applications, network, data, and people empower high-performance supply chains.

Supply Chain Brain

BluJay's applications, network, data, and people empower high-performance supply chains. Our goal is to provide you with a frictionless supply chain, with mission-critical applications that help you move goods efficiently, increasing productivity and reducing TCO. Find out how in this video!

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Shippers: discover the tool for finding load coverage based on routing and rate data.

Supply Chain Brain

BluJay’s Bryant Smith, Global Product Manager, talks about SpotLight, the tool within Transportation Management that leverages network data to help users make better routing decisions and find load coverage.

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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.