Sat.Jul 23, 2022 - Fri.Jul 29, 2022

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Supply Chain Weekly Wrap-Up 07/22/2022-07/28/2022

All Things Supply Chain

Grain exports from Ukraine may resume ‘within days’ Ukraine has announced that the first set of vessels loaded with grain could be leaving the Black Sea ports in a matter…

Export 246
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Exploring lean procurement: Meaning, process and example

RPF360

Lean procurement means exploring processes to eliminate waste, improve efficiency and accelerate results. Explore how to get started in this blog that includes key definitions, background and an example of how to put lean procurement into action with RFP automation. The post Exploring lean procurement: Meaning, process and example appeared first on RFP360.

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Supplier Registration – Goals, Benefits & Challenges

SCMDOJO

The purchasing department purchases different types of goods and services. However, when you buy something, you may not always know all the suppliers that offer a particular product. Then the Supplier registration form comes in handy. You probably only know a handful of providers. This means that every time you host a sourcing event, the same suppliers bid on the same products at the same prices.

Suppliers 132
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U.S. Sees Union Boom Despite Employer Opposition

Supply Chain Brain

After years of decline, the American labor movement is experiencing a resurgence — with an increase in popularity of unions and of workers organizing.

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From Rigid To Resilient: Why Enterprises Need Shopify's Modular Commerce Now

Speaker: Benjamin Woll

Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Shopify’s modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how Shopify’s composable approach helps modernize commerce stacks while maintaining control over critical systems.

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Main Pros and Cons of Using the Milk Run in Logistics

All Things Supply Chain

Ever wondered how you could cut down on transportation costs and at the same time improve customer service? Milk run logistics might be your answer.

Logistics 246
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What is Accounts Payable? (Definition, Process & Examples)

ProcurePort

• Accounts payable reflect the amounts owed by a company to its creditors or lenders, usually suppliers or vendors of specific products or services. •Accounts payable AP refers to a company’s obligation to its suppliers – its formal documentation warranting payment from the buyer, mostly business in a contractual agreement with a supplier or vendor. […].

Buyers 130

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Ivalua’s Procurement & Supply Chain Summer Reading List

ivalua

The post Ivalua’s Procurement & Supply Chain Summer Reading List appeared first on Ivalua.

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What Are the Different Types of Careers in Warehousing?

All Things Supply Chain

Warehouses are a critical element in modern logistics and supply chain management. Without sufficient facilities across the country, it would be a significant challenge for companies to store their goods.

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6 Things a World-Class Strategic Sourcing Team Must Consider

ProcurePort

• Strategic sourcing is a practice in procurement that seeks to utilize a single, integrated process for purchasing and supply chain management. • Strategic sourcing tailors data collection, spend analysis, negotiation, market research, and contracting to achieve profitability and efficiency in purchasing and supply chain management. So, as opposed to sourcing which is the actual […].

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The Big Interview with Robert Copeland

Procurement Heads

How did you get into procurement? I have spent 23 long years in procurement. I graduated back in 1999, joined the Peugeot graduate scheme in Coventry and spent the first few months in the procurement space. I found it a fascinating function to be in and have been there ever since. . I spent several years working in France when I was at Peugeot really learning the pure basics of procurement in the automotive industry buying directs, before moving on back to the UK in FMCG, to Danone, followed by

Buyers 130
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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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Delivering Step Change Improvements in ESG Performance

ivalua

Environmental, social and governance (ESG) initiatives are rapidly becoming boardroom priorities and companies are increasingly investing in these initiatives to achieve a competitive advantage in the marketplace. Likewise, customers and employees are increasingly demanding that companies are environmentally conscious. More and more companies are adopting a low-carbon footprint and sustainable approach to procurement, and for good reason.

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Must-Haves Of A Marketing Strategy For The Steel Industry

The Thomas Blog

Raw material availability is a cornerstone of the U.S. industrial sector, and clearly vital to its growth, and s teel continues to be a top product sourced by buyers. But even with the high demand and longevity in the industry, there are still challenges with running a business — whether it's maintaining relationships, building new ones, or generally trying to build a company that's going to last.

Strategy 128
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Key Features of Project Management

ProcurePort

• Project management refers to the process of applying managerial practices, skills, and knowledge to manage a project from beginning to end. Project managers work with a team of players or personnel to meet project goals. • Project managers further establish project deliverables: deliverables refer to ‘what needs to be accomplished at every stage of […].

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The Rise of On-Demand Warehousing in a Volatile Property Market

Supply Chain Brain

The tightening of industrial real estate supply, coupled with overflowing inventory and rising rents, has made traditional warehousing an impractical solution for businesses attempting to navigate this new market. .

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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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Cybersecurity experts sound alarm on popular GPS tracker

Strategic Sourceror

With GPS now a ubiquitous part of the digital society, the act of navigation or tracking has never been easier. Location-based apps know where you are and (inevitably) what you are doing, but a widely-available vehicle tracker that retails for $20 could cause significant disruption to the supply chain. A recent report by cybersecurity firm BitSight found at least six severe vulnerabilities in the MiCODUS MV720 tracker, with the analyst identifying a number of organizations that utilize the devic

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Melissa Drew on Fast Talk, AI, and Closing the Gender Gap in Supply Chain

Let's Talk Supply Chain

With a decade hallmarked so far by constant disruption, consumers are more aware of supply chain and how industry shortages , the gender gap in supply chain, and climate events impact their daily lives and local communities. The headlines are keeping a steady stream of supply chain dialogues popping into Twitter and news feeds—there’s even a recent indie-rock album by Jack White named Supply Chain Issues.

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Sustainability can never be achieved without our suppliers

Spend Matters

Categories: Sponsored Article , Supplier Collaboration , Supplier Management , supplier networks Tags: Sponsored Article Whether from customers, investors, governments or regulatory bodies, enterprise organizations are facing pressure from all angles to meet ambitious sustainability pledges. With looming deadlines, no clear path to improvement and the need to balance sustainability against other key business goals, the race is on to satisfy these stakeholders and make concrete progress.

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Europe’s Heat Wave Threatens Key Shipping Waterway

Supply Chain Brain

The water levels in a crucial waterway in Europe’s economic heartland are running dangerously low in the region's searing heat, posing another risk to global supply chains.

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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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Inflation is giving retailers inventory headaches

Strategic Sourceror

Increased levels of inflation might be a global concern, but a slowdown in consumer spending is forcing retailers to make significant price reductions on existing inventory. And while this is good news for the average consumer, there is little doubt that unplanned price reductions will adversely impact the bottom line. CNN reported that Walmart told investors in its latest earnings call that there was a need to apply significant cost reductions to general merchandise such as clothing and big-tic

Inventory 100
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Partnering with Procurement to Make Good Things Happen

Una

Partnering with Procurement to Make Good Things Happen. By Hugo Britt | July 28, 2022. The saltwater crocodile is one of the most territorial creatures in the world. The sight of a rival encroaching on its stretch of river will cause a crocodile to leap from lethargy to violence in a split second, and it will not stop until the threat has been driven away or destroyed.

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279: Design and Manage Global Supply Chains, with Unilog

Let's Talk Supply Chain

Today I’m joined by Unilog, the customer-focused experts in the design and management of global supply chains. Unilog specializes in global fulfilment and mission-critical logistics services. Their flexible, customized supply chain solutions, based on best practices and expertise, work seamlessly with internal client operations to ensure time-definite delivery wherever and whenever necessary.

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Why Suppliers Must Be Part of Cyber-Risk Strategy

Supply Chain Brain

Cybersecurity risks are rising fast, and it’s not enough for you to secure your data and IT systems within the four walls of your enterprise; you need to make sure your suppliers are not exposing you to attacks as well.

Risk 119
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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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Is your organization ready for another potential supply chain blow?

Strategic Sourceror

We're all aware of the situation in ports around the world – major backups, sometimes up to hundreds of ships long, and the kind of general congestion that would make a person with a bad head cold seem fine in comparison. That situation might just get worse before it gets better. On the West Coast of the United States, there is a potential strike brewing which could severely damage logistics, especially for goods coming in from Asia.

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Creating Value From IT Spend

Una

Creating Value from IT Spend - and Protecting Its Worth. By Hugo Britt | July 26, 2022. As a rule, the business case for investing in IT is well-understood. Technology is essential for spurring growth, creating efficiencies, harnessing innovation, and staying competitive in the digital era. But without a watchful eye on IT spend, ROI can be rapidly eroded by avoidable costs caused by issues such as shadow IT or auto-renewing contracts.

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QAD Allocation: Vendor Analysis, 2022 Update (Part 1) — SxM and sourcing solution overview, market analysis and tech selection tips

Spend Matters

Categories: Sourcing , Supplier Information Management , supplier networks , Supplier Performance , Supplier Risk and Compliance Management , Suppliers Tags: PRO Direct materials management is a hot market for procurement solutions with few specialists on the market. QAD Allocation is one of them and it offers specific capabilities for manufacturers to manage their suppliers and to source from them.

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Is Slow Digitalization Deterring Logistics Job Seekers?

Supply Chain Brain

Although momentum is building to automate and digitize freight processes, the logistics industry’s transition to digital tools and automation has lagged behind other sectors.

Logistics 119
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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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Commercial EVs are a game-changer for the supply chain

Strategic Sourceror

The current high cost of filling a car with fuel has generated headlines all over the world, and the knock-on effect to the commercial shipping and logistics industry has arguably highlighted the need for cheaper and more environmentally friendly vehicles. As more people shop digitally as opposed to at a brick-and-mortar location, last-mile delivery providers are increasing investment in electric alternatives across the supply chain.

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Episode 75: Turmoil Around the Globe – Sri Lanka and the Netherlands with Kris Lance

Una

Episode 75: Turmoil Around the Globe - Sri Lanka and the Netherlands with Kris Lance. By Kelly Barner | July 27, 2022. A picture is worth a thousand words, as the saying goes, and the images coming out of Sri Lanka and the Netherlands may be worth more than that. From economic instability leading to the overturn of a government, to individual families and farm operations fighting to preserve their livelihood, these two stories offer all of us lessons about human motivation and the challenges pre

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Prodigo Solutions: Vendor Analysis 2022 Addendum

Spend Matters

Categories: Healthcare Supply Chain Management , Market Intelligence , Procurement Systems & Architecture , Solution Providers , Technology Tags: PRO In this Spend Matters PRO Vendor Analysis Addendum, we provide an update on Prodigo Solutions and its health supply chain management solutions, representing new solution capabilities and growth as of mid-2022.

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Are Your Exports Affected by Sanctions on Russia? It’s Not Always Easy to Tell

Supply Chain Brain

Sanctions imposed on Russia for its invasion of Ukraine are having an undeniable impact on global supply chains, but individual companies might have a hard time determining precisely how they’re affected.

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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.