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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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 […].