2019

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Top 6 Supply Chain Trends for 2019

All Things Supply Chain

The year 2019 has only just begun, so now would be a suitable time to look into the question of which supply chain trends lie ahead for the coming year.

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AI and All That – Ivalua Now Looks to the Future

ivalua

The afternoon of the first day at the Ivalua Now event in Paris had a strong AI (artificial intelligence) flavour. (Now there’s an interesting question – if AI had a flavour, what exactly would it be? Fresh mint, maybe? Or aluminium, perhaps?) Anyway, there were also a couple of very good customer cases studies, but we’ll save those for a future discussion and focus on AI here.

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Can the ‘Smart’ Factory Revive U.S. Manufacturing Productivity?

Supply Chain Brain

A recent study touts the “smart” factory as a magic bullet that can solve any number of manufacturers’ problems, from low productivity growth to uncompetitive operations.

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5 Spend Analysis Best Practices

ProcurePort

Spend analysis is a vital part of business operations that is aimed at reducing procurement costs. You can cut procurement costs by collecting and analyzing expenditure data and using that data to identify opportunities to improve cost efficiency throughout the procurement process. Here are some of the best practices in spend analysis and an overview […].

Data 130
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From Reactive to Resilient: Charting Your Supply Chain Maturity

Learn strategies to develop supply chain maturity and save on costs. In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation. Discover actionable first steps to boost your operations and reduce costs.

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Dip a Toe in TMS – Engage UltraShipTMS for “Expedite Only” Pilot

Supply Chain Collaborator

TMS Success Tip. Making the decision to engage a new TMS platform is a heavy lift requiring buy-in and sign-off from numerous internal stakeholders beyond the logistics department (Legal, Procurement, IT, C-suite, etc.). Learn How to: Avoid the struggle of gaining capital approval for a full-blown TMS implementation. Instead, consider dipping a toe into the water by starting with an “expedite only” pilot program to automate ONLY your expedited/spot market freight movements.

Logistics 109
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Three common weaknesses in supply chain

Supply Chain Trend

In a recent Forbes article , three common supply chain weaknesses are highlighted: Being reactive rather than pro-active. Lack of visibility. Lack of accountability. The behavioural weaknesses – lack of pro-activity and accountability should be no surprise to me or the readers of my blog. As t he S&OP mindset study I conducted with Supply Chain Movement in 2017/2018 show similar results.

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The Amazing Supply Chain of Toilet Roll

All Things Supply Chain

With 7% of Americans admitting to stealing it from hotels, comedian Johnny Carson causing a shortage of it in 1973 after he joked about the possibility of one and 49%…

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Procurement 2020… Will anything change?

All Things Supply Chain

It seems as though procurement has been anticipating the arrival of 2020 since the minute the ‘Y2K’ buzz wore off.

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Learning by Doing – What Netflix can teach us about AI-driven inventory management

All Things Supply Chain

Some years ago, a small company called Netflix had a very good idea. Back when they started their business in 1997, it was a DVD rental company.

Inventory 248
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The Supply Chain is Your Oyster

All Things Supply Chain

If someone had asked me just over a year ago which industries I would consider working in, the supply chain industry wouldn’t have even made it to the bottom of…

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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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Supply Chain Innovation and the Catalyst for Business Growth

All Things Supply Chain

Procurement teams have a growing responsibility within organisations.

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Green Logistics – How To Make Your Transports (Environmentally) Efficient

All Things Supply Chain

It is a well-known fact that environmental protection starts on an individual level.

Logistics 231
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How d’ya like your eggs in the morning? – Why 3D printing may soon be on the menu (of companies)

All Things Supply Chain

“How d’ya like your eggs in the morning?” is a classic song from the 1951 film, “Rich, Young and Pretty”.

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The Aftermath of a Capsized Cargo Ship

All Things Supply Chain

On September 8th, the cargo ship Golden Ray capsized off the coast of the state of Georgia. At the time, the ship was carrying 24 people and 4,000 vehicles.

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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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Here’s How You Can Optimize Your Multichannel Supply Chains

All Things Supply Chain

Multichannel supply chains provide many options for customers of all types, whether at a retail location, over the phone or online.

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5 Tips for Determining Your Packaging Design and Materials

All Things Supply Chain

Package design or initial presentation of your goods and products can, believe it or not, make or break your business.

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The Potential and Risks of Cryptocurrency in Procurement

All Things Supply Chain

“Change of this magnitude is hard. You know you’re on to something when so much pressure builds up.” – David Marcus, Co-creator of Libra on Twitter.

Risk 198
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7 Ways to Improve Your Quality Management Process

All Things Supply Chain

Quality management can be a make-or-break point for a manufacturing or distribution business.

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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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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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How Procurement can help to drive Supplier-led innovation

ivalua

Alex Saric, Chief Marketing Officer, Ivalua. In today’s competitive business landscape, consumers demand a continuous cycle of new products and services, and the gap between each launch is shrinking. This means companies are under more pressure than ever to innovate at pace. A business’s ability to develop and launch new products that meet customer expectations quickly and profitably is critical to overall success.

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Believe It Or Not, Procurement Impacts Every Single Person

ivalua

Vishal Patel, VP Product Marketing, Ivalua. You’re probably wondering what i’m going on about here. It’s pretty simple, actually. If you live in a city, state or country, which everybody does, your life and the lives of your family and friends is impacted directly by Procurement. No, I’m not referring to the Procurement department of your company (although, if Ivalua has anything to do about it, there are lots of interesting things happening there too).

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Ivalua Paints a Great Procurement Picture at Ivalua NOW Chicago 2019

ivalua

“We have this long-term strategy of building a very big company with a fantastic product that we can offer to the market. And this is our vision,” . Ivalua CEO David Khuat-Duy on Tuesday kicked off Ivalua NOW 2019 Chicago, at the Renaissance Chicago Downtown Hotel and welcomed hundreds of customers, prospects and partners. The event was themed on “The Art of Procurement” relating to how the further procurement leaders mature in their transformations, the more their approach shifts from science t

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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.

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Supply Chain weekly wrap up 9/20/19 – 9/26/19

All Things Supply Chain

Amazon buys 100,000 electric vehicles Amazon has made “the first major commitment for electric delivery vehicles in the U.S.

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Seeking Evidence of Procurement’s Impact and Momentum

ivalua

Much has been made in 2019 about the gap between the findings of procurement self-assessments and where each organization stands when they are evaluated against their peers using objective measures. Just as procurement’s impact on the organization is quantitatively captured using metrics such as savings and spend under management, the maturity and digital readiness of the function can be objectively tracked and benchmarked (check out Forresters Digital Procurement Maturity Assessment ).

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The Human Rights Debacle — How the Logistics Industry Can Stay Mindful

All Things Supply Chain

In 2011, the UN Human Rights Council developed the first international corporate guidelines for respecting human rights.

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Ivalua Continues Global Expansion with New Office in Sydney, Australia

ivalua

Eric Wimphen Joins Ivalua as Head of Australia and New Zealand. REDWOOD CITY, California , May 14, 2019 /PRNewswire/ — Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that it has opened an office in Sydney, Australia to support its rapid growth and increased presence in the Asia Pacific region.

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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The Science and the Art of Procurement

ivalua

As we move towards a new decade is the emphasis in the procurement world changing – are we going to see a new age, where the Art of Procurement comes to the fore? Much of our focus in the last twenty years or so within the procurement profession and within our specific procurement functions has been on what we might call the “Science of Procurement”.

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Just how environmentally friendly are electric cars?

All Things Supply Chain

The electric car is regarded as revolutionary in the automotive industry (although the concept has existed for a very long time) – pollutant-free cars at increasingly affordable prices.

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A Giant Climate Leap for a Global Giant: Amazon

All Things Supply Chain

Whenever I speak to any audience about who push the buttons of big multinationals to act on climate change, I tend to name as the top three: customers, governments and…

Logistics 164
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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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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe