ivalua
MAY 31, 2022
Supply chains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supply chain and your customers’ end markets. A company’s supply chain is a key source of competitive advantage and Supply Chain Management (SCM) is designed to allow a company to monitor its suppliers and utilize the available resources to improve performance.
ProcurePort
MAY 31, 2022
• A vendor management system provides efficiency, reduces operational costs, and extends a collaborative approach to improving products and services. • Managing vendors is a central part of any procurement process. Despite the criticality of vendor management in modern supply chains, organizations are yet to deploy vendor management systems. Tips to Help You Understand Vendor […].
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Supply Chain Brain
MAY 31, 2022
Over the next 12-18 months, companies will be witnessing an avalanche in slow motion. .
Fraxion
MAY 31, 2022
Operating a business is expensive. According to the U.S. Bureau of Labor Statistics, 65% of businesses fail within their first ten years, and much of this is due to poor financing and cash flow. One thing is clear: no matter the size of your business, you need to manage the daily expenses your business incurs to operate effectively. Fortunately, business spend management solutions can help you do this.
Advertiser: GEP
“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.
Supply Chain Brain
MAY 31, 2022
As the U.S.’s largest ports in California moved record amounts of cargo amid pandemic-induced supply chain bottlenecks, union dockworkers strengthened their indispensable role in the nation’s logistics network.
Barkers Procurement
MAY 31, 2022
Blackpool has more households classed as fuel poor (15.2%) than any other part of Lancashire, a startling statistic, especially when compared with the national average of 10.3% (Department for Business, Energy and Industrial Strategy). The reasons for this are complex and varied, and a solution requires focus from multiple areas. Many organisations across the North West are already working hard to address this issue.
Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
Barkers Procurement
MAY 31, 2022
Last week saw the Barkers team attend Coupa Inspire 2022 in Berlin, the global community event for customers, technology partners and industry professionals across supply chain, procurement, finance, treasury, and IT. Coupa Inspire was a truly global event that brought together forward-thinking leaders, customers and fellow partners, an event which truly lived up to its moniker of being United By The Power of Spend!
Supply Chain Brain
MAY 31, 2022
Big retailers rushed to build up inventories last year amid soaring consumer demand and transportation bottlenecks — going so far in some cases as to rent their own cargo ships. Now, they’re trying to figure out how to sell all their stuff.
The Procuretech Podcast
MAY 31, 2022
This week we’re doing something a little bit different: A quick solo episode, bringing you ten key criteria to consider when sourcing a digital procurement solution. This is something that seems surprisingly hard to come by in popular articles and white papers, so here are ten helpful factors to consider. Let’s dive into the list… 10 Key Factors When Choosing A Procurement Solution. 1.
Supply Chain Brain
MAY 31, 2022
President Biden defended his administration’s response to a national baby formula shortage, saying he acted as soon he became aware of the crisis in April — even as manufacturers told him Wednesday they saw it coming months earlier.
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
Zycus Cognitive Procurement
MAY 31, 2022
The last two years have been turbulent for the manufacturing industry. Broken supply chains, unavailability of heavy goods vehicle (HGV) drivers and production stoppages had a negative impact. 2022 is no way better; it has begun with semiconductor manufacturers facing chip shortages. And the war in Europe has only aggravated the situation. Disruption has indeed become the new normal.
Procurify
MAY 31, 2022
Written by: Stella Inabo. Accounting mistakes cost a lot of money – as much as $1.2 billion in the case of Atos. To avoid such situations, businesses need to keep their records right and company accounts organized. This is easier said than done as recording every transaction takes time and effort. . To avoid mistakes, businesses use a chart of accounts – a list of records for each type of asset, liability, equity, revenue, and expense , which are organized into a variety of specific accounts. .
Zycus Cognitive Procurement
MAY 31, 2022
Almost every business faces the challenge of launching new products at some point. For procurement officers, this can be a particularly daunting task. There are several things to take into account when procuring for a new product, from ensuring you have the correct supplies to planning for potential delays. Launching new products can be challenging, but it’s in the best interest of companies to make sure that procurement plays a central role.
Supply Chain Game Changer
MAY 31, 2022
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Single Point of Failure in Supply Chain – The Suez Crisis! There are over 3.5 million births in the United States every year. That is a lot of babies who need baby formula. With such a large number of births you would expect that there would be a steady, well established industry supporting the supply of all needs for new mothers, babies and their families.
Advertiser: GEP
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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