Sun.Nov 13, 2022

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Ivalua Supports the Digitalization of Tchibo’s Indirect Purchasing Process with its Source-to-Contract Solution

ivalua

Redwood, CA, 14 November, 2022. Ivalua, a global leader in spend management , today announced that Tchibo, one of the largest coffee roasters in the world, has chosen Ivalua and its partner Capgemini to digitize Source-to-Contract (S2C) for its indirect purchasing of goods and services. Tchibo is one of Germany’s largest international consumer goods and retail companies.

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12 Popular Procurement Trends in 2022 & How To Leverage Them

ProcurePort

Over the last 36 months, the world of procurement has faced challenges like no other. The COVID-19 pandemic and the geo-political instability in Eastern Europe have resulted in production disruptions and price distortions. There are important lessons to be learnt on resilience that will shape procurement trends in the immediate future. Most surveys of procurement […].

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What are the 7 Stages of Procurement

Procurement Templates

What are the 7 stages of procurement? These are the 7 important steps in the procurement process: Step 0: Defining the need Step 1: Request to purchase Step 2: Pre- sourcing Step 3: Procurement process. Step 4: Evaluation and contract. Step 5: Contract management. Step 6: Invoice approvals and disputes. Step 7: Record Keeping, review requirements – one off or recurring.

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How Supply Chain Partners Can Eliminate Driver App Fatigue

Supply Chain Brain

Professional truck drivers are experiencing app fatigue, the growing exhaustion of too many mobile applications available at their fingertips. .

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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.

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Pareto Rule & Procurement

Procurement Templates

The Pareto principle states that for many outcomes, roughly 80% of consequences come from 20% of causes. Other names for this principle are the 80/20 rule, the law of the vital few, or the principle of factor sparsity. Quite simply the Pareto rule is to concentrate 80% of your spend time and effort in 20% of your suppliers, or if you are able to be even more efficient aim for 90% of your spend in the top 10 suppliers.

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Sustainable Supply Chains Must Be AI-Backed

Supply Chain Brain

Companies face the daunting task of trying to track every product, which represents a massive technology challenge that only artificial intelligence and machine learning can remedy. .

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Watch: The Value of an Open Ecosystem for Freight Data

Supply Chain Brain

John Rattay, chief revenue officer of Redwood Logistics, explains how an integrated and open ecosystem of freight data can help companies cope with the many challenges of today.

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Should You Play Casino Games on Your Smartphone?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 4 Reasons Nvidia Graphics Cards are Ideal for Gamers! Casino games are a lot of fun, but is it worth it to play games on your smartphone? With the convenience of being able to play anywhere, anytime, it’s no wonder that more and more people are playing casino games on their smartphones.

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Does the U.S. Need to Reduce Its Dependence on Taiwan for Semiconductors?

Supply Chain Brain

Taiwan accounts for around 65% of global semiconductor supply, and nearly 90% of the smallest and most sophisticated chips.

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Who is Arkestro and what is predictive procurement?

SCMR (Supply Chain Management Review)

Optimal22 focused on a new approach to working with suppliers, one that emphasizes transparency and communication.

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

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Logistics Company RPM Launches Business Venture in Mexico

Supply Chain Brain

RPM said it will use its third-party logistics capabilities primarily to cater to original-equipment-manufacturer suppliers and customers, aggregating data across the vehicle life cycle.

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Self-Driving Startup TuSimple Ousts Independent Directors, After CEO

Supply Chain Brain

Hou was removed after the discovery that TuSimple employees spent paid hours working on matters for Hydron Inc., a firm with significant operations in China.

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China’s Global Port Investments Give Rise to Security Worries

Supply Chain Brain

Some officials and military analysts say the fears are overblown. But the investments are drawing more scrutiny.

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Adani to Buy Stake in Indian Oiltanking for $129 Million

Supply Chain Brain

Adani Ports’ acquisition of the stake in Indian Oiltanking from Oiltanking India GmbH will boost its oil storage capacity by three times.

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How Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform

Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.

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Watch: The Need for Flexibility in Warehouse Labor Is Here to Stay

Supply Chain Brain

In the world of warehouse labor, employers and employees alike are seeking flexibility of scheduling and job duties, says Mike Bohnett, vice president of partnerships with Instawork.

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