All Things Supply Chain
MAY 18, 2022
Effective inventory management can be an invaluable asset for any organization. With the right management system, a business can improve inventory visibility, optimize its supply chain and navigate shortages.
ProcurePort
MAY 18, 2022
• Sourcing is the process of finding the most suitable suppliers of goods and services to a company. When sourcing, a business has to consider the following constraints: cost, profit margins, and competitiveness. • The right supplier must offer a good enough price so that the acquiring business can make a profit margin by trading […]. The post What is Sourcing Process in Procurement – A Complete Guide to Sourcing Processes [2022] appeared first on ProcurePort Blog.
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Supply Chain Brain
MAY 15, 2022
Soaring customer demand has created unique challenges for procurement managers. By developing effective inventory management techniques, procurement professionals can tackle the issues from several unique angles.
Advertiser: GEP
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.
ProcurePort
MAY 19, 2022
• Effective contract administration and vendor management are not easy to achieve, especially when an organization is dealing with multiple vendors. • There are multiple contracts to be agreed upon, monitored, reviewed, and renegotiated each year. • When done well, contract administration can create win-win situations for a business and its vendors.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Supply Chain Brain
MAY 19, 2022
Delivery drones bearing your dinner or prescription have yet to take to the skies over any major city or even suburb. Why is that?
All Things Supply Chain
MAY 16, 2022
Automation has brought a lot of value to industries across the United States in recent years.
ProcurePort
MAY 17, 2022
• Strategic sourcing is a combination of activities aimed at aligning a company’s procurement spend with its overall objectives. • It’s about spending money in the wisest ways rather than just angling for the lowest prices of items. The sourcing strategy balances numerous variables in supply chains as well as the various interests of internal […].
ivalua
MAY 18, 2022
When it comes to the nature of buyer-supplier relationships, we’re entering a brave, new world. Organizations are increasingly dependent on suppliers to successfully bring innovative goods and services to market on time, improve ESG performance, and meet other objectives. Even reducing costs often depends more on effective collaboration rather than negotiation in today’s market.
Advertiser: ZoomInfo
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.
Supply Chain Brain
MAY 17, 2022
U.S. and European businesses are reconsidering their investments in China after the lockdown in Shanghai and restrictions in other cities caused major disruption to their operations.
Supply Chain Game Changer
MAY 16, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Why Cyber Security is Important! As a business owner, you need to be aware of the threat of ransomware which holds data hostage in exchange for payment. This form of malware is not new. So, why is it even more important to protect your data against this type of threat? The pandemic has prompted a surge in digitization in the last couple of years: more people work remotely, and we use the internet to hold meetings and exchange
Supply Chain Trend
MAY 17, 2022
Preview – Most IBP cycles around the world are based on a 20-year-old process definition supported by 20-year-old planning concepts. This traditional IBP is not set up for a fast-changing world, where speed of decision making confers a competitive advantage. Intelligent automation will change this. In this series of blogs, I will discuss the transition of traditional IBP towards a more intelligent IBP.
ivalua
MAY 18, 2022
The post Holistic Supplier Management is Key to Business Success appeared first on Ivalua.
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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.
Supply Chain Brain
MAY 15, 2022
Higher wages aren’t necessarily the answer to solving the supply chain labor shortage — at least that’s what employers today are hoping.
Supply Chain Game Changer
MAY 17, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Confessions of a High Priced Expediter! Anyone who has worked in Supply Chain knows that problems will arise anytime, anywhere and anyhow. These problems will require quick reaction, expediting, firefighting, long hours and sleepless nights. Certainly the disruptions caused by the pandemic have made reactive Supply Chain operation the norm in virtually every industry and every geography.
EazyStock
MAY 20, 2022
Warehouse technologies and automated systems can help solve warehouse and supply chain issues cost-effectively. The right technologies can increase efficiency by improving stock control and pick accuracy, warehouse flexibility, responsiveness, and safety and security. They can also help strengthen supplier relationships and improve customer service levels.
ivalua
MAY 17, 2022
The post Source-to-Contract (S2C) Datasheet appeared first on Ivalua.
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?
Supply Chain Brain
MAY 18, 2022
Supply chain management strategies often center on a dominant but incomplete view of cost — to the exclusion of resilience.
Supply Chain Game Changer
MAY 20, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. It is likely that part of your day already depends on your PC running effectively without delays. Whether you use one at work, for gaming, or to socialize, it can be extremely frustrating when your computer is out of action for seemingly no reason due to programming errors. You will be pleased to know that not every PC fault happens at random.
Positive Purchasing
MAY 19, 2022
Philip Ideson, former procurement delivery leader for Accenture and creator of Art of Procurement , the #1 weekly procurement podcast, explores whether category management remains an essential function for procurement organizations – or not. Only procurement thinks of products and services as categories, and that is okay. The driving intent behind category management is to help the business determine a more value-oriented buying strategy by segmenting their spend purposefully.
ivalua
MAY 15, 2022
The post Public Sector Procurement Datasheet appeared first on Ivalua.
Advertiser: GEP
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
Supply Chain Brain
MAY 18, 2022
A small tag on a t-shirt with an eco-friendly symbol might not seem noteworthy at first glance, but the tale behind that tag is a rich one.
Supply Chain Game Changer
MAY 20, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Magento 2.3.7: A Concession for Users! A Progressive Online App often known as a PWA, such as Magento PWA, is a web application that combines contemporary web technologies and design principles to create a dependable, quick, and engaging user experience. Progressive Web Apps (PWA) are a relatively new idea proposed by the Google team in 2015.
Procurify
MAY 19, 2022
Written by: Delaney Rombough. Working in a remote or hybrid environment has become the new normal for many mission-driven organizations. For most finance people, that’s easier said than done. Spring is the busiest season for most accounting and finance professionals. We know you’re in the middle of month-end close, quarter-end close, audit preparation, and tax filings.
ivalua
MAY 15, 2022
Part I: Bridging the Gap between Procurement and Finance. A New Vision for Amrest. Amrest, a restaurant operations leader in Europe, was looking to create one business, one team, with one mission. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . Where to begin? Let’s start with their business model and current challenges.
Advertiser: ZoomInfo
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.
Supply Chain Brain
MAY 15, 2022
Here’s a breakdown of how the situation in China is intensifying global supply chain chaos.
Supply Chain Game Changer
MAY 19, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. On Time Delivery – Get that right First! The pandemic may be over, but its effects may continue well into the coming years. One of the biggest challenges remaining from the pandemic is the labor shortage and its ripple effects on multiple industries, including logistics companies.
CPO Rising
MAY 18, 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 […].
ivalua
MAY 15, 2022
Part I: Bridging the Gap between Procurement and Finance. A New Vision for Amrest. Amrest, a restaurant operations leader in Europe, was looking to create one business, one team, with one mission. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . Where to begin? Let’s start with their business model and current challenges.
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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.
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