Sat.Oct 31, 2020 - Fri.Nov 06, 2020

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The Amazing Supply Chain of Data

All Things Supply Chain

In supply chain management, data and its targeted analytics are necessary to make statements about important influences on the supply chain: Which deliveries are often uncertain?

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Four Essentials for a Greener Fulfillment Strategy

Supply Chain Brain

From smart cartonization to last-mile delivery and beyond, supply chains offer fertile ground for new technologies to improve sustainability by trimming wasted fuel, materials and time.

Strategy 122
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The Benefits of a Weighbridge for Your Business

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Get Our EBOOK HERE. Weighbridge article and permission to publish here provided by Emily Bartels. As businesses grow in this era of technology, they aim to enhance their efficiency and productivity. Technology makes businesses more efficient and productive in the best possible ways.

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SoFi

ivalua

The post SoFi appeared first on Ivalua.

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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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How Corporate Leadership Can Catalyze Sectoral Change

All Things Supply Chain

“The world is in trouble”, said David Attenborough who recently broke Instagram records with his campaign aiming to tackle environmental crises and share potential solutions.

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Technology for Logistics: Why Implementations Fail

Supply Chain Brain

The adoption by logistics providers of modern-day technology is a case of applying digital solutions to an analog world.

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How to prepare for a transparent supply chain in 2021

SupplyShift

2020 has been a defining year for transparent supply chains. When the pandemic hit, most people expected sustainability efforts to take a back-seat role. On the contrary, companies seem to be more focused than ever on driving sustainability in supply chains. In fact, Gartner, Deloitte, and McKinsey all echoed the same sentiment early on in the pandemic – transparency is the only way to be proactive about supply chain vulnerabilities going forward.

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Find Cost Savings by Moving From a Single Source to a Multisource Procurement Strategy

GoProcure blog

As we enter the final calendar quarter of what has been a tumultuous year, many companies need to cut costs to get budgets back on track. Ideally, finance and procurement teams can start with cost savings that do not affect the quality of operations. One way to find that balance, and perhaps even improve operations, is to move from a single source to a multisource procurement strategy.

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Watch: How COVID-19 Is Forcing New Supply Strategies

Supply Chain Brain

Ann Marie Uetz, head of the coronavirus task force with the law firm of Foley & Lardner LLP, discusses the results of a pair of surveys about how executives are responding to supply-chain disruptions caused by the pandemic and rising geopolitical tensions.

Strategy 111
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The Lowdown on the 2020 Gartner Magic Quadrant for Procure-to-Pay Suites

Jaggaer

The post The Lowdown on the 2020 Gartner Magic Quadrant for Procure-to-Pay Suites appeared first on Jaggaer.

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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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How to prepare for a transparent supply chain in 2021

SupplyShift

2020 has been a defining year for transparent supply chains. When the pandemic hit, most people expected sustainability efforts to take a back-seat role. On the contrary, companies seem to be more focused than ever on driving sustainability in supply chains. In fact, Gartner, Deloitte, and McKinsey all echoed the same sentiment early on in the pandemic – transparency is the only way to be proactive about supply chain vulnerabilities going forward.

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Inventory Carrying Costs & How They Impact Profitability

EazyStock

Maintaining cost-effective inventory levels is critical for any manufacturer, wholesaler, supplier or retailer. But just how much inventory is the right amount to hold? How can you ensure you have enough to cover fluctuating demand without over-stocking? How long can you hold ‘healthy’ stock until it becomes excess or even obsolete? Most businesses struggle to find an optimized balance between these two costly challenges.

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A Look at FSMA’s New Food-Traceability Rule

Supply Chain Brain

As part of the Food Safety Modernization Act (FSMA), the U.S. Food and Drug Administration has issued a new rule requiring stricter controls over the monitoring of food products throughout the supply chain.

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Welcome to ProctoCast

ProtoCast

Welcome to the very first episode of ProtoCast, where every 2 weeks we will bring coffee break-sized podcasts full of insightful content to the procurement community during these difficult times. This inaugural episode looks at how ProctoCast came into being, and how we fit into the Proctopus network and community. Join the Proctopus group on LinkedIn Looking forward to have you with us on our journey into ProctoCasting!

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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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Supply Chain Weekly Wrap-Up 10/30/2020 – 11/05/2020

All Things Supply Chain

Amazon shipping costs outpace sales growth due to soaring pandemic operating expenses Amazon’s shipping costs increased by 57% Year on Year in the third quarter to reach $15 billion.

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How to Strengthen Your Supplier Management Strategies

Jaggaer

The post How to Strengthen Your Supplier Management Strategies appeared first on Jaggaer.

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Intel Puts Its Indirect-Materials Spend on the Road to Digitization

Supply Chain Brain

Tackling the job of assessing all of its contracts for indirect-materials spend, Intel Corp. scraps a laborious and outdated manual process, and puts its entire supply chain on the road to digitization.

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Seasoned Leadership in Action™ – An Interview with Glen Munholland, President at Circular Supply Chains !

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. From Click to Ship in 4 Minutes! Ultimate Principles for World Class Fulfillment! GET our EBOOK HERE. At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “ Seasoned Leadership in Action ™” Interview series at Supply Chain Game Changer.

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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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Watch: Preventing Malware Attacks on Manufacturers

Supply Chain Brain

Patrick Thielen, senior vice president of financial lines with Chubb, explains why malware attacks are on the rise, and what manufacturers must do to protect their people and systems from cyber criminals.

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Innovation 2020: Some Bright Ideas in a Difficult Year

Supply Chain Brain

More companies are waking up to the need for change, and this year’s crop of candidates was especially strong.

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VeriShip and Sifted Merge to Offer Predictive Analytics Platform for Logistics

Supply Chain Brain

VeriShip, a shipping expense optimization platform, announced a merger with Sifted, a provider of a data science-driven predictive logistics platform.

Logistics 103
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Watch: Is the Pandemic Driving Manufacturers Back to the U.S.?

Supply Chain Brain

Rosemary Coates, executive director of The Reshoring Institute, explains why the coronavirus pandemic might finally be the crisis that drives manufacturers to shift production from China back to the U.S.

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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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Brexit in a Lockdown Is Worst of Both Worlds for U.K. Businesses

Supply Chain Brain

With staff off work, an economic slowdown, and swings in the supply and demand for essential goods, new Covid-related restrictions will add to pressure on logistics firms and supply chains.

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Five Tips for Preserving Your Supply Chain During and After a Disaster

Supply Chain Brain

The last few months have seen a lot of so-called risk-management strategies fall by the wayside, as businesses have scrambled to cope with unimaginable upheavals in supply chains and consumer habits brought about by COVID-19. What’s the best way to cope with a crisis? The first piece of advice is old as the hills: Don’t panic. You might think you have the right tactics and strategies in place, but in the real world you’re likely to be blindsided by a disaster, whether it’

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LeanDNA Launches Factory-Focused Inventory Optimization Workflows

Supply Chain Brain

LeanDNA, a provider of factory-focused inventory optimization solutions, has launched role-based workflow capabilities within its platform for the manufacturing industry.

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Digital Transformation of the Supply Chain: Now and Next

Supply Chain Brain

The digital transformation of supply chains has been underway since 2010, but COVID-19 kicked it into top gear.

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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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Epicor Announces Updates to Prophet 21 Digital ERP Solution for Distributors

Supply Chain Brain

Epicor Software Corporation, a global provider of industry-specific enterprise software to promote business growth, recently announced the 2020.2 release of its Prophet 21 solution.

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Watch: Coping With COVID-19 in the Workplace

Supply Chain Brain

Rob Wilson, president of Employco USA, offers advice on how employers should protect workers from contracting the coronavirus in the workplace, and what action to take when they do.

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Flexible Warehousing: A Shortcut to Direct-to-Consumer E-Commerce

Supply Chain Brain

Once COVID-19 is behind us, will traditional business-to-business retail stage a comeback, or is direct-to-consumer e-commerce the new normal? For an uncertain future, one strategy gaining ground is the “warehouse-in-a-warehouse.

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The Future of Energy Is About Technology, Not Fossil Fuels

Supply Chain Brain

Oil forecasters have had the same long-term challenge for decades: figuring out how much of the world’s liquid hydrocarbons will be in demand years into the future, and where, and in what mix of products and uses.

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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.