Sat.Jan 02, 2021 - Fri.Jan 08, 2021

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The Types of Auctions in eCommerce Used in Procurement

ProcurePort

“Going once, going twice, sold – to the gentleman in the grey cap!”. Okay, not quite. Procurement auctions are quite different; although the main concept is still the same. A group of competitors all bid against one another in an online auction until one is selected as the overall winner. However, in procurement, auctions are […]. The post The Types of Auctions in eCommerce Used in Procurement appeared first on ProcurePort Blog.

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Twelve Post-Pandemic Supply-Chain Trends for 2021

Supply Chain Brain

As vaccines roll out more broadly, and countries begin to get the coronavirus under control, attention will turn to the recovery and a return to normal operations. The supply chain will play an integral role in this effort, and will itself emerge in a different shape, with COVID-19 leaving a lasting legacy on many areas of transportation and warehousing.

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How Farmers Can Boost Food Production! (Infographic)

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Food Waste and World Hunger – The Food Supply Chain is Broken! Boost food production article and the Vertical Farming infographic and permission to publish here provided by Grant Kamperschroer at straightnorth. How often do you think about the global population? There are more than 7 billion people living on our planet, and that number will continue to climb.

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2021 AMER – Homepage registration

ivalua

Registration. The post 2021 AMER – Homepage registration 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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What is an ERP System?

ProcurePort

What is an ERP system? How can it boost your business operations and just how does it work? Enterprise resource planning (ERP) systems are a significant part of today’s businesses. In fact, 53% of IT managers concur that ERPs are a priority investment alongside CRM. The ERP market is growing aggressively and the total market […]. The post What is an ERP System?

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Slave Labor Discovered Among Brazil’s Top Beef Supply Chains

Supply Chain Brain

A few feeder farms to some of Brazil’s top beef producers have used slave labor, according to a new report, adding urgency to government and corporate promises to clean up the meat supply chain.

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Stephen Cleminson

ivalua

The post Stephen Cleminson appeared first on Ivalua.

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How to Increase Your Inventory Turnover Ratio

ProcurePort

Have you ever wondered what the fuss is regarding the inventory turnover ratio? Why is it considered a pivotal statistic for a company? Let’s explore. Inventory turnover ratio (ITR) is a benchmark that allows enterprises to realize the efficiency of their inventory management systems. Higher turnover ratios are viewed as positive and lower ratios are […].

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Watch: The Department of Transportation in the Biden Administration

Supply Chain Brain

David Winstead, an attorney with Ballard Spahr LLP and former Secretary of Transportation in the state of Maryland, speculates on U.S. Department of Transportation challenges, initiatives and priorities under the incoming Biden Administration.

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Purchase Price Variance (PPV)! A Profit or Loss Opportunity?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! Get OUR EBOOKS HERE. Purchase Price Variance, or PPV, is a common term in the realm of Purchasing/Procurement and Finance. For some, PPV is a mechanical metric only, measured and reported on but without any further attention paid to it.

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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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5 Steps to Start and Grow Your Supplier Diversity Program

Jaggaer

The post 5 Steps to Start and Grow Your Supplier Diversity Program appeared first on JAGGAER.

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What Is an Agile Supply Chain?

FourKites

Defining Agile Supply Chains. Agile supply chains are nimble enough to respond smoothly to sudden changes in supply and demand. Through constant emphasis on efficient processes and empowered employees, agile supply chains benefit the greater organization by allowing it to act quickly and decisively in the face of disruption and achieve positive business outcomes despite adverse circumstances.

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Geek+ and Universal Logic Announce Strategic Partnership for Supply Chain Automation

Supply Chain Brain

Geek+, a global provider of autonomous mobile robots and warehouse automation, and Universal Logic, a pioneer of an AI, machine-control software “brain” for robots, have recently announced a new partnership.

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Anti-Money Laundering Regulations for Cryptocurrency!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Comparing the Most Popular Crypto Exchanges! Get Our EBOOK HERE. Anti-money laundering article and permission to publish here provided by Iyan Adeendren. So lately the talk of the town in the crypto industry has been all about how it is increasingly facing more and more controversy year after year as authorities start claiming cryptocurrency to be the hot new vessel used by criminal organizations for the purpose of committing

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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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How to Incorporate Supplier Diversity Into Your Hiring

GoProcure blog

As companies look to build out their supplier diversity programs and increase diversity spend, it’s important to consider how these efforts may be interconnected with other areas of your business. In particular, supplier diversity can be linked to your hiring/staffing activities.

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How EazyStock Enhances Acumatica ERP Inventory Management

EazyStock

Inventory management is crucial to ensuring businesses have agile and efficient supply chain operations. However, having control over every inventory item often ends up being a time-consuming and frustrating endeavor for most inventory teams, as they rarely have the right tools in place to get the job done well. This is where an inventory optimization tool comes into play.

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Building the Food Industry’s Resilience Beyond the Pandemic

Supply Chain Brain

While no industry was completely immune, the food industry was hit especially hard by the pandemic, which restricted worker movement, forced production facilities to close and brought food distribution to a halt — all while consumer demand fluctuated with little predictability.

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How POS Data Improves Supply Chain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Complexity in the Retail Supply Chain! Get Our EBOOK HERE. POS Data article and permission to publish here provided by Aniko A. Supply chain management involves the conduct of the movement of goods and services. It involves all the procedures that metamorphose raw materials into finished products.

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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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NHS Test and Trace: Building a team of 50,000 in four months

Spotlight on Procurement

Simon Lipscomb, Sales and Marketing Director at Efficio, speaks to Jacqui Rock, Chief Commercial Officer at NHS Test and Trace Programme about her experience to rapidly build an organisation of 50,000 people to test and trace the UK's population to COVID-19. Key discussion points include: What circumstances led Jacqui to take on this highly complex role?

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Three ways AP automation can help organizations reduce costs

Zycus Cognitive Procurement

AP Automation is not a completely new concept. The benefits of Artificial Intelligence are very well documented when it comes to optimizing business processes. We can replace the mythical connotations of distant and futurist technology with real-life case studies. Although many a time, one can explain A.I using complicated and convoluted terminologies like neural networks, cognitive decision models, etc.

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Ten Ways Renewable Energy’s Boom Year Will Shape 2021

Supply Chain Brain

Even after COVID-19 has wreaked havoc on almost everything else, the new year begins with surging growth for renewable energy.

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Travel & Hospitality Trends 2021 and beyond: Anna Price from Procurigence

ProtoCast

I think we can all agree that 2020 has been most impactful to the travel, leisure and hospitality industries. But how will this affect how we procure these services going forward? And what are travel and events procurement professionals seeing as the trends as we enter 2021? My guest today on ProctoCast to help answer all of this is Anna Price, a travel, hospitality and events procurement expert from Procuregence.

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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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JAGGAER Appoints John Burton as New Chairman

Jaggaer

The post JAGGAER Appoints John Burton as New Chairman appeared first on JAGGAER.

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Supply Chain Weekly Wrap-Up 01/01/2021 – 01/07/2021

All Things Supply Chain

Ireland increases direct freight shipments to European mainland to avoid Brexit disruption Ireland is increasing direct freight shipments to and from mainland Europe as businesses move to bypass potential disruption…

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Seven Shifts in Retail Logistics to Expect This Year

Supply Chain Brain

It’s time for retailers emerging from a shaky peak season to reflect and plan for what’s ahead.

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Hackett Group | Achieve Higher Savings & Become an AP Hero

ivalua

The post Hackett Group | Achieve Higher Savings & Become an AP Hero appeared first on Ivalua.

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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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JAGGAER and Tealbook Team up to Give Procurement Professionals Fast Access to Reliable Supplier Data

Jaggaer

The post JAGGAER and Tealbook Team up to Give Procurement Professionals Fast Access to Reliable Supplier Data appeared first on JAGGAER.

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Apple Supplier Expects Half a Billion 5G Phones This Year

Supply Chain Brain

Murata Manufacturing Co., the world’s biggest maker of ceramic capacitors for Apple and other smartphone brands, expects demand for fifth-generation wireless devices to surpass 500 million handsets in the coming fiscal year — building on a rush to replace Huawei in the global consumer arena.

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Makers and Movers - Cold Chain 2021: Global Access and Distribution of COVID-19 Vaccine

Supply Chain Brain

The Makers and Movers - Cold Chain 2021 is one of the biggest global virtual summits on Global Access and Distribution of Covid-19 vaccines, happening on the 4th of February.

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U.S. Vaccine Rollout Hindered by Faulty Coordination, Messaging

Supply Chain Brain

As the U.S. grapples with record hospitalizations and deaths from the COVID-19 pandemic, a crucial vaccination rollout campaign is being impeded by inconsistent messaging and myriad state strategies.

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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.