Sat.Dec 25, 2021 - Fri.Dec 31, 2021

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2022: The Year to Build Supply Chain Resiliency

ProcurePort

Global supply chains have suffered immensely in the last two years due to the COVID-19 pandemic. There has been a shortage of materials, shipping prices have gone up, and ports have been backed up. A lot of companies missed their demand forecasts. This has in turn affected global commodity prices leading to a discussion about […]. The post 2022: The Year to Build Supply Chain Resiliency appeared first on ProcurePort Blog.

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How to Support Customers When Supply Chains Are Unpredictable

Supply Chain Brain

The holidays are placing even more stress on supply chains. Here are four ways you can help lower stress, minimize damage and deliver positive customer service.

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The Stellar Cryptocurrency – An Overview!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Cryptocurrency Facts to Know! Stellar cryptocurrency article and permission to publish here provided by Jamie Martinez. In the last month, there has been a drop in the cryptocurrency market. Digital assets such as bitcoin, ethereum, ripple and others have fallen in value quite significantly.

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The World of Procurement Community on Discord

World of Procurement blog

The World of Procurement Community on Discord is Live I'm announcing the World of Procurement Discord community server. Join the Community. I'm super excited about this community server. Discord has been a place that I've really enjoyed using throughout 2021. I’ve had issues with LinkedIn. It is sometimes problematic with the way in which it drives traffic to content.

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GEP Spend Category Outlook Report 2025

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

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Risk Management in the Procurement of Innovation

ProcurePort

In the procurement of innovation, at least one aspect of the whole process carries some uncertainty. This is the origin of risk in any procurement process. The challenge for managers is to identify the risk for all parties involved and quantify it. They must then move on and assess the necessary mitigating actions to be […]. The post Risk Management in the Procurement of Innovation appeared first on ProcurePort Blog.

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Procurement in 2022: The Year Ahead Is Run by AI

Supply Chain Brain

The coming year will see a rising tide of technologies designed to mitigate the challenges of 2021.

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Best of 2021: Procurement Rising Podcast – Greg Tennyson, VSP Global

CPO Rising

Over the next few weeks on CPO Rising, we are going to re-publish episodes from our “Procurement Rising” podcast series. In this podcast series, I interview Chief Procurement Officers and Best-in-Class procurement leaders as well as technology and business experts working in procurement and supply management. Our goal is to find people who are passionate about procurement and […].

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5 Steps to a Successful Digital Procurement Strategy

ProcurePort

Digital disruption impacts companies of all sizes and across different industries, creating new channels for partner and customer interactions. That, in turn, subverts industry dynamics and core, business models. In a report by McKinsey and Deloitte, companies see their future viability and relevance under fire. According to Deloitte, in the next generation of digital procurement, […].

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From Covid's Legacy to Containers Falling Overboard: These Are Our Top Stories of 2021

Supply Chain Brain

Here’s a look back at our most-clicked stories this year — which showcase the worst of the crisis, new ideas that it spurred, and a glimpse at how we got here.

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Premium Leather Goods E-Tailer

Solvoyo

Digital Transformation for Shopify Vendor Bonaventura started their digital transformation of end-to-end Pre-Season Planning with Solvoyo. Bonaventura sells its premium products on 5 different sales channels, including Shopify, Amazon and Rakuten. The post Premium Leather Goods E-Tailer appeared first on Solvoyo.

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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Transaction Cost Economics of the Source-to-Pay Process

The Good Spending

The view on procurement from the perspective of traditional economic theories Nowadays, procurement increasingly speaks up about its critical role in the firm's very existence. Despite this being true for many companies, we're mainly trying to create awareness instead of claiming our well-deserved place in the company ranks. In fact, the importance of procurement was confirmed many decades ago upon the formulation of some classical economic theories.

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Best of 2021: Procurement Rising Podcast – John Dickson, AstraZeneca

CPO Rising

Over the next few weeks on CPO Rising, we are going to re-publish episodes from our “Procurement Rising” podcast series. In this podcast series, I interview Chief Procurement Officers and Best-in-Class procurement leaders as well as technology and business experts working in procurement and supply management. Our goal is to find people who are passionate about procurement and […].

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Understanding Healthcare Supply Chain Management

Supply Chain Brain

Access this ultimate guide to healthcare supply chain management to learn the trends, challenges, strategies and solutions for achieving complete visibility and control over all of the supplies used in patient care. .

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Simple, Affordable Purchasing Software for SMEs – Adam Thomas from oboloo

The Procuretech Podcast

How big does a business need to be before they can afford procurement software? And how many features does the software need to have to still enable it to deliver value? My guest today is Adam Thomas from a small but growing startup oboloo. Based in London, the company is focused on delivering a practical source-to-contract software solution to small and medium-sized businesses (SMEs).

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From Reactive to Resilient: Charting Your Supply Chain Maturity

In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.

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Love at First Flight! Flying and Crashing My First Drone!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Delivery Drones are Taking Off! (Infographic). For many years I have thought about buying a drone. With so many shows available showing aerial video of beautiful places around the world it, having a drone would enable me to realize that same experience on my own. On a recent trip to Costco I noticed that they had a great deal on a Drone bundle, with great features.

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Best of 2021: Procurement Rising Podcast – Chris Shanahan, Thermo Fisher Scientific

CPO Rising

Over the next few weeks on CPO Rising, we are going to re-publish episodes from our “Procurement Rising” podcast series. In this podcast series, I interview Chief Procurement Officers and Best-in-Class procurement leaders as well as technology and business experts working in procurement and supply management. Our goal is to find people who are passionate about procurement and […].

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The Supply Crunch Is Forcing Marine Managers Into New Thinking

Supply Chain Brain

The role of the maritime manager has changed, and it will take more innovative solutions from all members of the supply chain to help fix the current crisis.

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How To Successfully Integrate A WMS or A WCS With An ERP

Supply Chain Brain

As more warehouse processes become automated and WMS with warehouse control system (WCS) functionality is required, ERP integration is imperative to produce the desired business results.

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The 2nd Generation of Innovation Management: A Survival Guide

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?

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Four Reasons to Embrace Cloud Technology for Real-Time Supply Chain Collaboration

Supply Chain Brain

Companies are increasingly partnering with external organizations to make their supply chains more efficient and cost-effective. As new partners come in, however, the overall supply chain becomes more complex.

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Four Reasons to Digitize Your Direct Spend Procurement Processes

Supply Chain Brain

Recent procurement digitization efforts have focused largely on indirect spend categories. But neglecting direct spend digitization means ignoring 90% of a company's overall spend and foregoes potentially dramatic process and business improvements.

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2021 Annual Freight Insights Report

Supply Chain Brain

In a tight market, a top-performing facility experience can help you gain access to more reliable capacity. But how do you know what separates a top-performing facility from one that’s below average?

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Earning Customer Loyalty Through Supply Chain Logistics

Supply Chain Brain

When a company thinks about brand loyalty, often the first thing that comes to mind is its familiarity, marketing, even its social media presence.

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GEP Outlook Report 2025

For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic

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A Brand-New World: Reflections on Where Supply Management Is & Where It’s Going

Supply Chain Brain

After spending nearly two years tackling some of the most severe supply chain disruptions in history, it is not an exaggeration to suggest that many are only now regaining their bearings.

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Five Ways Self-Driving Forklifts Can Provide a Competitive Edge

Supply Chain Brain

Distribution, warehousing, and manufacturing operations have permanently changed over the last 2 years.

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Compressing the Decision Cycle: How Supply Chain Leaders Can Adapt

Supply Chain Brain

With the convergence of the COVID-19 pandemic and ongoing natural disasters, global supply chain problems such as product shortages, congestion and price spikes have become more prevalent.

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A Nine-Step Checklist for Post-Holiday Returns Management

Supply Chain Brain

Holiday gift returns are expected to be higher than ever. Is your business ready to handle the influx?

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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

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Five Ways to Make the Most of Your Transition to AMRs

Supply Chain Brain

Since the invention of robots, people have tended to fear a world in which automation plays a major societal role. But when it comes to manufacturing, warehousing and fulfillment operations, reasons to embrace robotic assistance are only increasing.

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Best of 2021: Procurement Rising Podcast – Jim Polak, PPG Industries & CPO Rising Hall of Famer

CPO Rising

Over the next few weeks on CPO Rising, we are going to re-publish episodes from our “Procurement Rising” podcast series. In this podcast series, I interview Chief Procurement Officers and Best-in-Class procurement leaders as well as technology and business experts working in procurement and supply management. Our goal is to find people who are passionate about procurement and […].