Sat.Jan 01, 2022 - Fri.Jan 07, 2022

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Supply Chain Weekly Wrap-Up 31/12/2021-06/01/2022

All Things Supply Chain

Amazon and Stellantis set to join forces to roll out smarter and greener vehicles Collaboration is on the cards for Amazon.

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Procurement – The Challenges and Its Changing Role

ProcurePort

The evolving role of procurement shows that the function is gaining more attention and credibility among stakeholders and businesses alike. With this comes greater responsibility and procurement challenges. With procurement’s changing role, cost-saving targets will not disappear but will be achieved accordingly. It’s with no doubt that procurement’s value is achieved by working on projects […].

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Trending Sources

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Why Sustainable Change Starts With You: Holiday Takeover Covering Sustainability of the Past, Present + Future with James George (Pyxera Global)

Supply Chain Queen

Sending a big shout out to everyone for your support and it's been TWO YEARS! This episode is a holiday takeover. Since we released the 2020 holiday takeover last year, it's received thousands of downloads. We're coming back again with a bolder, Rebel take on what's hot in 2022. 2021 has been another "Year of. Read more. The post Why Sustainable Change Starts With You: Holiday Takeover Covering Sustainability of the Past, Present + Future with James George (Pyxera Global) appeared first on Suppl

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Data as the Driver of Effective Procurement Transformation

ivalua

The post Data as the Driver of Effective Procurement Transformation 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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There’s No End in Sight for Chip-Constrained Auto Sales Slump

Supply Chain Brain

Last year's historically low auto sales reflect a global microchip shortage that forced carmakers to limit output or ship some vehicles without fully functioning features.

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Common Procurement Risk Factors and How to Mitigate Them

ProcurePort

Procurement plays an important function when organizations are trying to buy goods and services in the most efficient manner. Procurement risk management is the mitigation of any foreseen or unforeseen problems in the acquisition of goods and services for the organization. Risk management requires sufficient analysis of the internal and external business environment to sufficiently […].

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Procurement 2022: Big Trends & Predictions Webinar

ivalua

The post Procurement 2022: Big Trends & Predictions Webinar appeared first on Ivalua.

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Omicron’s Spread Means More Food Outages at U.S. Grocery Stores

Supply Chain Brain

The highly contagious omicron virus variant is disrupting already stressed food supply chains, sickening so many workers that more shortages at grocery stores are all but certain.

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The Definitive Guide to Purchase Requisition in 2021

ProcurePort

A purchase requisition is an internal document created to initialize the purchase of goods and services. The purchase requisition is written and submitted to the relevant authority who approves the requisition. It’s from the purchase requisition that a purchase order is generated and sent to the supplier. A purchase order is legally binding, but the […].

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Why You Need to Invest in Mobile Phones for Your Business!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Cloud Telephony! How to Set up a Small Business Phone System! Mobile phones article and permission to publish here provided by Carol Trehearn. What does a business need in order to succeed? A solid business plan? Sure. Good staff? Absolutely. A tenacious owner at the helm? Of course.

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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 Growing Trend of CIEM in Cloud Security: What Does it Mean for Enterprises

SCMDOJO

The goal of any network security strategy is to protect your data, network, and organization from any cyber threats. According to research, application vulnerability and human errors are the most common causes of data breaches online. While most organizations plan to combat these threats, they often lack the proper tools to monitor and respond to. Continue reading.

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Outlook 2022: The Future of VR, AR and Digital Twins

Supply Chain Brain

Virtual reality technologies offer new opportunities for manufacturing, warehousing and other areas of supply chain management.

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Addressing Labor Issues in the Supply Chain

SupplyShift

The concept of forced labor is not new. It’s been newsworthy since at least the mid-’90s when reports of sweatshops in apparel became commonplace. Forced labor in industries such as agriculture and apparel have continued to be a problem over the years, with prevalence in commodities such as palm oil, cotton, cocoa, coffee, and sugarcane, to name but a few.

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What is Customs Clearance and How Does it Work?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What’s the Difference Between a Freight Forwarder and a Customs Broker? Customs clearance article and permission to publish here provided by Melina Torres. According to article 35 of the Customs Law, customs clearance is defined as the set of procedures and acts, carried out before customs , related to the entry and exit of merchandise from the national territory, which depends on the different traffics ( air, sea, land

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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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Why you need a Contract Playbook for your Supplier contract reviews

World of Procurement blog

What is a Contract Playbook? Procurement should look to use a Contract Playbook to speed up the time to contract. A Contract Playbook is a document that contains all of the contractual positions that you want to achieve in all of your supplier contracts. The Contract Playbook will likely contain pre-agreed fallback positions. These are positions that are already approved by the business if you cannot achieve the position you want.

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New Logistics Software Gives Shoppers Insight on Their Package's Journey

Supply Chain Brain

Alerting — the latest addition to a suite of logistics optimization products from software provider Enveyo — receives data from shippers and carriers to notify customers about their order status in real time.

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Early Supplier Involvement: A Prominent Example of Agile Sourcing

The Good Spending

Early Supplier Involvement to the rescue from bad sourcing In many companies, the sourcing process remains a disappointment for internal stakeholders and suppliers. All-purpose RFPs and blanket e-auctions may put governance above business interests and demotivate suppliers unless consciously applied to appropriate categories. The need for agile sourcing is undeniable.

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5 ECommerce Store Improvements!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Featuring Our 10 Best Warehouse Order Fulfillment Articles! Ecommerce store article and permission to publish here provided by Jake Rheude. If you look back on the last time you visited an eCommerce store and made a purchase, it was likely sometime this week or during the holiday peak rush.

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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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Goodbye “Spent” Analysis: Welcome to a New Era of Spend Optimization

SpendHQ

The post Goodbye “Spent” Analysis: Welcome to a New Era of Spend Optimization appeared first on SpendHQ.

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The Short- and Long-Term Solutions to Supply Chain Bottlenecks

Supply Chain Brain

There’s no indication that supply chain disruptions will ease in 2022. Bottlenecks, labor shortages and limited transportation capacity across all modes will persist.

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Addressing Labor Issues in the Supply Chain

SupplyShift

The concept of forced labor is not new. It’s been newsworthy since at least the mid-’90s when reports of sweatshops in apparel became commonplace. Forced labor in industries such as agriculture and apparel have continued to be a problem over the years, with prevalence in commodities such as palm oil, cotton, cocoa, coffee, and sugarcane, to name but a few.

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Best of 2021: Procurement Rising Podcast – Tom Cassidy, Bayada

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 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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Case Study – Børge Langedal from Ignite Procurement & Arndt Romer from SEG Automotive

The Procuretech Podcast

This week on the podcast I’m joined by two guests, because we’re actually going to be talking about a customer success story on the show. Børge Langedal, Co-Founder and CRO of Norwegian spend analytics, vendor and category management tool Ignite Procurement joins me together with Arndt Romer from their German customer SEG Automotive. We dive into how and why SEG Automotive chose Ignite as their digital solution and how they’ve seen benefits since its implementation.

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Fruit of the Loom Gets Up to Date on Financial Tech

Supply Chain Brain

A new platform for automating and managing financial processes has helped the company to consolidate multiple environments and gain access to billions of key data points.

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5 Best Logistics Books to Keep Within Reach

Supply Chain Opz

Are you looking for logistics management books? In this article, we will show you 5 books that'll help you learn logistics faster than any other logistics book. In the United States, the median wage for a Logistics Manager is around $70,000 annually. So, a career in logistics management can be very lucrative if you have a career plan and keep on developing yourself.

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Best of 2021: Procurement Rising Podcast – Thomas Udesen, Bayer and the Sustainable Procurement Pledge

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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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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How to Keep Track of Contracts (Do's and Don'ts)

ContractSafe

“Mo’ money, mo’ problems.”.

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Watch: Is the C-Suite Lagging in Sustainability Efforts?

Supply Chain Brain

David South, senior principal for energy and utilities with West Monroe, discusses the results of the firm’s latest survey of top executives, and the progress they’re making toward supply chain sustainability.

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U.S. Needs to Guard Exports From Supply Chain Snarls, Biden’s Envoy Says

Supply Chain Brain

U.S. port authorities and ocean carriers, dealing with record import volumes, need to ensure that exports aren’t hindered amid the unprecedented supply chain logjams that aren’t showing clear signs of dissipating, President Biden’s port envoy says.

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Firms Hit by New Brexit Red Tape as IT System Stops Trucks

Supply Chain Brain

U.K. traders are falling foul of a new IT system policing goods crossing the English Channel, as companies grapple with a fresh wave of post-Brexit red tape.

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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.