Sat.Aug 24, 2019 - Fri.Aug 30, 2019

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Inefficient Procurement processes are costing UK businesses almost £2m per year, reveals research

ivalua

Two-thirds of businesses still reliant on manual and paper-based processes . 29 th August 2019, London – Research from Ivalua , a leading provider of global spend management cloud solutions , has shown that Procurement, supply chain and finance professionals are spending almost a third (31%) of their time dealing with inefficient paper-based or manual Procurement processes, which is costing UK businesses on average £1.94m annually* and limiting Procurement teams’ ability to deliver more strategi

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Management by Exception in Logistics – No Rule Without Exception

All Things Supply Chain

With the management technique “Management by Exception,” managers leave the handling of routine cases to the employees in charge.

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Unlocking the Value in Your Supply Chain Network

The Network Effect

Combine artificial intelligence with business network technology for optimal results Many companies pursuing artificial intelligence (AI) initiatives, are doing so. The post Unlocking the Value in Your Supply Chain Network appeared first on The Network Effect.

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Are Ghost Assets Haunting Your Inventory Control?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Do You Want Inventory Turnover Breakthrough? Define and Manage The Levers! Article written for Supply Chain Game Changer by, and permission to publish here provided by, Christina Morrison at [link]. Imagine an asset that, instead of contributing to a business’s success, costs it money without producing return, makes it harder to get an accurate picture of performance and otherwise hinders its success.

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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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Procurement can’t afford to be a digital laggard in today’s complex landscape

ivalua

Alex Saric, CMO, Ivalua. In today’s turbulent business landscape, the challenges facing organisations have become increasingly complex, with uncertainty from geopolitical events such as Brexit and tariff negotiations impacting day-to-day operations. Leading the charge in navigating this constantly shifting trading environment is the Procurement department.

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The Untapped Potential of Reverse Logistics

Supply Chain Brain

Why is reverse logistics overlooked as a means of increasing customer satisfaction and ROI?

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Food Industry Delivery Trends!

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! (Videos). Article originally published by, and permission to publish here provided by, Raanan Cohen at bringg.com. It’s never been easier for food companies to reach their customers. Restaurant delivery has grown 20% in the last five years; while estimates differ, online food delivery sales are estimated to grow as high as $220 billion by 2023 – 40% of total

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Successfully Launching a Digital Procurement Transformation

ivalua

Alex Saric, CMO, Ivalua. In an earlier post , I wrote about the importance and overall success factors involved in digitally transforming Procurement. Virtually every Procurement organization has started or is planning to start this journey, given its importance to meeting Procurement’s ever growing list of objectives. . Yet far too many struggle. 82% of respondents to a recent Forrester survey on Executing a Successful Procurement Transformation had switched their technology or plan to switch d

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Return of the Reverse Auction: Will Suppliers Play?

Supply Chain Brain

Suppliers existing on already thin margins are fearful of being beaten down on price by powerful buyers. So why would they embrace reserve auctions, which end up awarding contracts to the cheapest bidder?

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New Report Reveals 5 Trends Reshaping Government Procurement

ivalua

National survey of state procurement officials finds states are moving toward a more modern approach to buying. WASHINGTON, Aug. 27, 2019 (GLOBE NEWSWIRE) — States are becoming more data-driven and value-focused in their purchasing. Those are just two of several findings in the Governing Institute’s newly released 2019 procurement survey, 5 Trends That Are Reshaping How Governments Buy , which highlights some of the biggest emerging trends, issues and innovative best practices in state co

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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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The Governing Institute 2019 Procurement Survey Sponsored by Ivalua

ivalua

The post The Governing Institute 2019 Procurement Survey Sponsored by Ivalua appeared first on Ivalua.

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Procurement Transformation Journey

ivalua

The post Procurement Transformation Journey appeared first on Ivalua.

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Optis Consulting

ivalua

The post Optis Consulting appeared first on Ivalua.

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Seasoned Leadership in Action™ – An Interview with Ron Emery, Continuous Improvement Consultant

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is Mentoring? 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. This interview is with Ron Emery, Continuous Improvement Consultant, Author and Entrepreneur.

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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