The Future Trends In The Supply Chain Industry
All Things Supply Chain
SEPTEMBER 23, 2020
The year 2020 marked not just the start of a new year, but also a new decade.
Sat.Sep 19, 2020 - Fri.Sep 25, 2020
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MRO Spend Metrics Procurement Needs to Focus On
ProcurePort
SEPTEMBER 23, 2020
No matter the business, and no matter the industry, money is what keeps the gears grinding and the wheels turning. As such, companies that have a stronger sense of control over their cashflow have a leg up on their competitors. This includes being able to dictate funds where they’re needed most, and address the companies […]. The post MRO Spend Metrics Procurement Needs to Focus On appeared first on ProcurePort Blog.
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86% of UK businesses face barriers developing digital skills in procurement
ivalua
SEPTEMBER 25, 2020
A shortage of digitally savvy talent, and a lack of training for technical and soft skills, hinder digital procurement initiatives. 24th September 2020, London – Research from Ivalua, a leading provider of global spend management cloud solutions, has shown that a majority of UK businesses (86%) face significant barriers developing digital skills in procurement.
How Carriers and Shippers Will Navigate an Unpredictable Peak Season
Supply Chain Brain
SEPTEMBER 23, 2020
Every year around this time, carriers, distributors and logistics providers gear up for the coming peak holiday shopping season, on which shippers depend for a large portion of their annual revenue. This year, however, is different, thanks to the coronavirus pandemic and resulting economic freefall.
Load Optimization: A Sustainable Way To Reduce Transportation Costs
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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.
Supply Chain Weekly Wrap-Up 09/18/2020 – 09/24/2020
All Things Supply Chain
SEPTEMBER 25, 2020
Amazon to put 1,000 warehouses in suburban neighborhoods Amazon are planning to open 1,000 small delivery hubs in cities and suburbs all over the United States.
What Kind of Vendor Risk Management System Do You Have in Place?
ProcurePort
SEPTEMBER 22, 2020
Data and personal information are two of the most valuable commodities in the marketplace today. Demonstrated by the massive international scandals related to global politics over the past 5 years, it’s evident that an individual’s data and information is almost as good as gold. Procurement departments deal with some of the most sensitive information that […].
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
More Trending
FedEx Seeks to Add Small Self-Flying Planes for Remote Areas
Supply Chain Brain
SEPTEMBER 21, 2020
FedEx Corp. is looking at using small self-flying cargo planes to serve remote areas after experimenting with a technology startup on autonomous aircraft.
The Future Trends In The Supply Chain Industry
All Things Supply Chain
SEPTEMBER 23, 2020
The year 2020 marked not just the start of a new year, but also a new decade.
7 Benefits of an Inventory Management System
ProcurePort
SEPTEMBER 25, 2020
Are you one of the small and medium businesses (SMBs) that does not have an inventory system in place? It is shocking to imagine that there are companies operating without an inventory management system in this day and age. But even more perplexing are the staggering numbers – as many as 46% of small and […]. The post 7 Benefits of an Inventory Management System appeared first on ProcurePort Blog.
INVOICE-TO-PAY Unlocking the Secrets of the Accounts Payable Top Performers
ivalua
SEPTEMBER 24, 2020
The post INVOICE-TO-PAY Unlocking the Secrets of the Accounts Payable Top Performers appeared first on Ivalua.
Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations
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.
‘Boxing Clever’: Realizing the Benefits of Intelligent Cartonization
Supply Chain Brain
SEPTEMBER 22, 2020
Cartonization is getting more attention from businesses as rising volume demand and shipping restrictions drive up costs, and as warehouses surge-hire less-experienced packers to keep up.
Supply Chain – Ask an Expert with Ratri Loudes
All Things Supply Chain
SEPTEMBER 20, 2020
So far, as part of our Ask an Expert series, I have had the opportunity to interview two supply chain experts in the form of Farzana Shubarna and Sheri Hinish.
Freight Mode Optimization
Supply Chain Game Changer
SEPTEMBER 23, 2020
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What’s the Difference Between Freight Management and Logistics Management? Freight mode optimization article and permission to publish here provided by Adam Robinson at FreightWaves.com. The ability to unlock freight optimization and gain meaningful insights to monitor, measure and improve supply chain management is more critical than ever.
Why Procurement leaders must act now to tackle the digital skills shortage
ivalua
SEPTEMBER 25, 2020
The role of procurement has transformed over the last decade, from cost-cutter to a vital ally that can inform and enable business strategy. COVID-19 has only served to cement the procurement department’s status as a key stakeholder. Procurement leaders now have a seat at the top table when it comes to making decisions on supply chain opportunities and risk.
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
Amazon Is Trying to Make the Climate Its Prime Directive
Supply Chain Brain
SEPTEMBER 22, 2020
Amazon last year committed to zeroing out its carbon footprint by 2040, or eliminating the greenhouse gas emissions caused by its activities. The goal is daunting, and there’s no specific plan for how to reach it.
Automation Hero September 2020: Simon Welander
EazyStock
SEPTEMBER 25, 2020
Simon Welander, Team Leader of Operations Planning at Blinkfyrar , has streamlined the ordering process at the company through EazyStock. With the help of inventory optimization, he has freed up time to continue developing other important processes at the company. That’s why he’s EazyStock’s Automation Hero in September! Name: Simon Welander.
Unchaining Change Leadership! (Ebook)
Supply Chain Game Changer
SEPTEMBER 22, 2020
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. If there is one constant it is change. . History has proven that change is inevitable and unstoppable. In every aspect of our environment, our personal lives, and our professional lives we can count on the fact that things will change. Despite this eventuality there are those who not only resist change but who go out of their way to block, stop and even reverse change.
Release Your AP Team with Invoice-to-Pay
ivalua
SEPTEMBER 24, 2020
Using Invoice-to-Pay to create a top performing Accounts Payable Team. The performance of your Accounts Payable department can have a significant impact on the organization. Recent trends have increased the strategic importance of an effective, transparent Invoice-to-Pay process, managed by AP. Increased outsourcing has made businesses increasingly dependent on suppliers to drive innovation.
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.
Amazon Plans to Put 1,000 Warehouses in Suburban Neighborhoods
Supply Chain Brain
SEPTEMBER 20, 2020
With the holidays approaching, Amazon is consumed with honoring a pre-pandemic pledge to get products to Prime subscribers on the same day.
What is Spend Analysis?
Jaggaer
SEPTEMBER 22, 2020
Spend analysis is the process of identifying, gathering, cleansing, grouping, categorizing and analyzing your organizations spend data. This is done with the goal of decreasing procurement costs and improving efficiencies. Using real-time data and analytics will give you the insight you need you to save money and gain efficiency. Spend analysis is a branch of the much larger field of spend management.
What is the Value of Customer Loyalty?
Supply Chain Game Changer
SEPTEMBER 24, 2020
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Customer loyalty article and permission to publish here provided by Bryce Boothby. My entire career, I’ve believed that it is easier to get more business from existing customers than to develop new ones. That’s not to say you don’t want new customers, but given the effort and expense involved, trusted relationships tend to win out over unknowns.
Art of Procurement | 2021: Post-Crisis Procurement
ivalua
SEPTEMBER 23, 2020
The post Art of Procurement | 2021: Post-Crisis Procurement appeared first on Ivalua.
The Ultimate Guide to Transportation and Load Building Optimization
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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.
Musk Sets Lofty Goal for $25,000 Model With Tesla-Made Batteries
Supply Chain Brain
SEPTEMBER 22, 2020
Tesla Inc. laid out a road map to build a $25,000 car by 2023 and eventually 20 million cars a year, part of the company’s first-ever and highly anticipated “Battery Day” event.
Calculating Forecast Accuracy & Forecast Error
EazyStock
SEPTEMBER 23, 2020
The Importance of Demand Forecasting Accuracy. In supply chain management it’s important to be able to measure the accuracy of your demand forecasts. Inaccurate demand forecasting can lead to the accumulation of excess stock or the reverse: issues with product availability. Both are unwelcome problems for inventory planners! Ensuring demand forecasting accuracy should be a key responsibility for any conscientious inventory planner.
What is Spend Analysis?
Jaggaer
SEPTEMBER 22, 2020
The post What is Spend Analysis? appeared first on Jaggaer.
How Smart Procurement Software Can Help UK Companies Overcome the Digital Skills Shortage
ivalua
SEPTEMBER 24, 2020
A shortage of digitally savvy talent, and a lack of training for technical and soft skills, hinder digital procurement initiatives. 24 th September 2020, London – Research from Ivalua , a leading provider of global spend management cloud solutions , has shown that a majority of UK businesses (86%) face significant barriers developing digital skills in procurement.
How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software
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.
Three Ways to Manage Costs With a ‘Zero-Based’ Supply Chain
Supply Chain Brain
SEPTEMBER 23, 2020
Companies can identify untapped value by applying zero-basing to every part of the supply chain.
Watch: Making the Case for Working From Home
Supply Chain Brain
SEPTEMBER 22, 2020
Moe Vela, chief transparency officer with TransparentBusiness, argues that companies can realize a number of business advantages by continuing to work from home when the pandemic subsides.
Jet Fuel Is Now So Cheap It’s Being Blended for Use by Ships
Supply Chain Brain
SEPTEMBER 20, 2020
The fuel that powers passenger planes is normally among the most expensive oil products, but in a sign of the times the coronavirus has turned it into a blending component for typically cheaper shipping fuel.
U.K. Warns of 7,000-Truck Line in Worst-Case Brexit Scenario
Supply Chain Brain
SEPTEMBER 22, 2020
Preparing for customs checks on trade with the EU is one of the biggest logistical challenges facing Boris Johnson’s government.
The Evolution of Control Towers to Command Centers
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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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