Sat.Apr 30, 2022 - Fri.May 06, 2022

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The impact of the European energy crisis on supply chains

All Things Supply Chain

The topic of energy has been widely discussed since the climate crisis began, and now, energy is experiencing a crisis of its own, due to the current events happening in…

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What Is a Procurement Strategy? 8 Steps to Develop One

ProcurePort

• What is procurement strategy? • Procurement is a hinge operation in most organizations. Done right, it greatly facilitates cost mitigation, improves risk and supply chain management, and expedites sourcing. • In order to tap into all the benefits of procurement, however, it’s imperative to have a good procurement strategy. • But what is procurement […].

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Protected: 2022 Ivalua NOW DC Recap!

ivalua

This content is password protected. To view it please enter your password below: Password: The post Protected: 2022 Ivalua NOW DC Recap! appeared first on Ivalua.

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No-Code Platforms for Supply Chain – All You Need to Know

SCMDOJO

Modern enterprises rely on supply chain software to track several activities, including manufacturing and distribution of goods. However, most of these systems were created before web technologies existed or were in their infancy. Many supply chain systems are closed-source, all-in-one, proprietary, expensive, and difficult to customize ( read Why ERP Sucks ).

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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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Event Review: Procurement & Supply Chain LIVE

All Things Supply Chain

On 27th-28th April 2022 I had the opportunity to attend Procurement & Supply Chain LIVE, an event hosted by BizClick Media Group.

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Constructing a Best-in-Class Global Procurement Organization

ProcurePort

• Are you looking to transform your sourcing operations and wondering how you can build a best-in-class procurement organization? • whether you’re a Non-Governmental Organization (NGO), multinational cooperation, or a business with regional and international operations, building a global procurement organization might just be the answer to your problem. • Here are five steps to […].

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Smart Manufacturing: 5 Factors That Make Your Factory Smart!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Industry 4.0 – Smart Manufacturing of the Future! (Infographic). The manufacturing industry has been changing rapidly, aided by the newest software systems and machinery. Consumers continue to demand customized products, adding to the challenge of low-cost production. Manufacturers have been forced to look hard at their production methods, labor costs, and transportation expenses, among numerous other areas throughout t

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Your supply chain network is only as good as what you can do with it

The Network Effect

The post Your supply chain network is only as good as what you can do with it appeared first on The Network Effect.

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Supplier KPIs | 7 Performance Indicators You Should Be Measuring

ProcurePort

• A procurement function without supplier performance KPIs is likely a fruitless process. While this procurement function may work in the short term, it cannot meet long-term procurement needs and changing supply chain demands. • Measuring your suppliers’ performances help you evaluate your end-to-end procurement processes, providing total visibility into business processes.

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Supply Chains Flare Up Again, Endangering Global Recovery

Supply Chain Brain

Global supply chains are knotting up from China to Denmark, sparking re-examinations of things as macro as globalization itself and micro as trucking efficiency around American ports.

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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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Top 5 Programmatic Advertising Channels!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How to Promote Social Networks with Content Marketing! Different channels for programmatic advertising were created to make ad campaigns effective. If this tool is applied, the ads are placed on websites without human participation. It is also helpful for publishers and optimization of their inventories.

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Public Course schedule

Positive Purchasing

Supplier Relationship Management - Intensive Online Public Course. Cost: £1,460 +VAT pp* Date: 12-13 September and 3-4 October 2022 Venue: Delivered online as a series of 4 x 3.5 hour workshops. An intensive Supplier Relationship Management (SRM) course aimed at purchasing professionals and potentially some key stakeholders. This course is designed to help practitioners manage important suppliers and develop specific interventions to achieve business goals.

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Procurement in 5-Minutes: How do we win the war on talent?

Sourcing Solved

We live and work in a busy world in which there is little time to read, watch or listen beyond the headlines. Hello, my name is Iain Campbell-McKenna, and this is “Procurement in 5-minutes.” That’s right, in 5-minutes I promise to tackle some of the biggest challenges and deepest questions our profession and industry face on a day-to-day basis. In today’s 5-minutes I welcome the Managing Partner at Solvint Switzerland, Dirk Spijkers to answer the question: “How do we win the war on talent?”.

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Minimizing Retail Supply Chain Frustrations With a Strong Data Strategy

Supply Chain Brain

Supply chains are a bit like utilities: nobody notices them until problems arise. And here’s no escaping notice these days.

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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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Benefits of Leasing the Audi A3 for your Business!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Ways to Reduce Fleet Management Costs! Leasing a car for business is becoming quite popular as there are many benefits in doing so. Specifically, financial benefits, which is really what any business would like to hear. It is a cheaper option over buying, it comes with tax benefits as well as the option of driving different cars.

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Using a Bot for Spot Ocean Freight – Alan Holland from Keelvar

The Procuretech Podcast

This week we're taking on a very relevant topic in today's marketplace. Given the current supply chain crisis and geopolitical instability, what better time to speak to a guest from a unique eSourcing solution? Alan Holland, CEO of Keelvar, is here to tell us how AI can offer something more immediate, spot and transactional, in these unstable times when agility matters.

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Elevate your Procurement and Supply Chain Game: Join us at ISM World 2022

Zycus Cognitive Procurement

Join us at ISM World 2022. For many, ISM World annual conference will mark the return of large world-class conferences offering the best of both worlds with In-person & Digital, and the Zycus team couldn’t be more excited to be a part of it. We’ve had such an explosive year so far – from onboarding multiple new customers, to getting first-hand recognition from Forrester & Gartner on enabling procurement transformation for large enterprises using AI, to expanding our global presence and

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Who Should ‘Own’ Smart Fulfillment in Your Organization?

Supply Chain Brain

Much has been written about AI software and robotics in the warehouse from a technology and functionality perspective. Far less has been written about the broad question of who “owns” this type of “smart fulfillment” in an organization.

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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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The Top 10 Video Games to Play!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How to Shake Up Your Gaming Experience! The year is already filled with a large variety of interesting games, many of which are still subject to release, making for an exciting wait for many gamers. For those who enjoy the offline story mode experience, these 10 games have been highly recommended for gamers who would rather play outside an online game server.

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Revenue Creation & The New Triple Bottom Line with Martin Lee – Episode 56

Procurement Talk with David Byrne

Listen in Apple Podcasts Listen in Spotify Listen in Google Podcasts Episode show notes “You’ll start to think, ‘I’ll be making a sourcing decision against one of the biggest elements of our impact within the next few years, which might almost commit me already to 2030’. It’s about getting that … Continued. The post Revenue Creation & The New Triple Bottom Line with Martin Lee – Episode 56 appeared first on Talent Drive.

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The top 5 benefits of spend analysis

Fraxion

The concept of spend analysis has been around for decades, although awareness of it has been limited. With procurement evolving into a strategic function, more businesses are realizing the benefits of spend analysis in maximizing value and savings from their indirect spend.

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U.S. Freight Industry Downshifts From Hectic Pace for Shipping

Supply Chain Brain

A gauge of logistics stress in the U.S. economy eased in April as freight transportation cooled, a sign that the broader economy is downshifting to a speed that remains expansionary.

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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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The Future of Accounting is Continuous Accounting!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Spreadsheets – A History and a Future! Let’s face it, before now, accounting was boring! As an accountant, you’d have to wait for long, tiring hours to input small accounting transactions. Then there was the dreaded spreadsheet that was used to run reports manually. Most times, the closing process at the end of the month grabs the full attention of accountants.

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How to “Say Less, Get More”

Negotiations Ninja

“Say Less, Get More” is Fotini Iconomopoulos’ latest book where she teaches negotiators unconventional ways to get what they want—i.e., say less to get more. But the average person avoids negotiating. Anything that could bruise egos, cause conflict, or make someone feel a sense of loss, can cause people distress. When this happens, Fotini sees people go into flight, fright, or freeze.

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The top 5 benefits of spend analytics software

Fraxion

The concept of spend analysis has been around for decades, although awareness around it has been limited. With procurement evolving into a strategic function, spend analysis is gaining momentum as more businesses realize the benefits of maximizing value from their indirect spend. However, conducting it is a complex undertaking without the business intelligence that spend analytics software affords.

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Automated Ports See West Coast Dockworkers Clock More Hours

Supply Chain Brain

Employers at West Coast ports at the center of the U.S. supply chain crisis released a study extolling the benefits of automation a week before the start of labor talks where the issue is set to feature.

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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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Workplace Electric Vehicle Charging Station Things To Know!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Electric Vehicle Charging Station Infrastructure! Businesses are under continuous pressure to be greener, with customers, employees and the government expecting companies to become more sustainable. One survey revealed that 83% of consumers think businesses should do more to be environmentally sustainable.

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The Procurement Manager’s Guide to Vendor Contract Management

ContractSafe

Managing vendor contracts and relationships is an often-underappreciated balancing act that procurement managers face.

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Cold-Email Fails that Will Make You Want to Cringe!

Ms. Category Management

Cold-emails can be easy to mess up! So don't make these easy mistakes.

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Watch: Is AI Smart Enough for Your Warehouse?

Supply Chain Brain

Once you understand your data landscape, the application of artificial intelligence becomes much more manageable, says Roger Counihan, chief revenue officer at CognitOps.

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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.