ProcurePort

JUNE 8, 2022

• Most companies rely on secondary systems to store and manage information on their vendors. Most times, it is an accounting or payables management system. • Yet, such systems are not sufficient in an environment where the company has tens or hundreds of vendors. Companies can get away with this when the supply chain is […]. The post Top Vendor Management Problems and How to Overcome Them appeared first on ProcurePort Blog.

Vendor management 130

Vendor management Management Supply chain Supply 130

Supply Chain Brain

JUNE 8, 2022

Here are some steps organizations can take to prevent or overcome unexpected supply chain shocks.

Supply chain 141

Supply chain Supply 141

Positive Purchasing

JUNE 8, 2022

Amid today’s unprecedented inflationary environment, Jonathan O’Brien considers a four-step sequence of tactics that procurement professionals can use to handle suppliers’ price increase demands, minimize their impact and stay in control. Make no mistake, prices are rising, and we won’t see an end to the current inflationary environment for at least a year or two.

Price 52

Price Raw materials Suppliers Negotiation 52

Supply Chain Brain

JUNE 8, 2022

Self-driving trucks will soon make deliveries to Walmart Inc.’s Sam’s Club stores in the Dallas-Fort Worth area, marking a significant expansion of autonomous vehicles operating in live traffic.

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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.

Sustainability

Positive Purchasing

JUNE 8, 2022

The supply base has changed beyond recognition – how do we manage this dramatic difference and what is the role of SRM? Procurement has always operated within a changing landscape. But, in recent years, developments in the supply base have been nothing short of unprecedented. As if a global pandemic was not enough to contend with, the world has finally started to focus on sustainability and climate change and these recent developments are transforming much of our supply base.

Procurement 52

Procurement Supply Sustainability Purchasing 52

Supply Chain Brain

JUNE 8, 2022

Nine European Union member nations warned the bloc against overstepping its authority when it offers later this year a new plan to protect the bloc’s supply chain during crises, according to a letter.

Supply chain 98

Supply chain Supply 98

Supply Chain Brain

JUNE 8, 2022

After two years of record exports, Chinese manufacturers are turning downbeat as consumers in their biggest markets curb spending and Covid lockdowns drive customers to competitors in the region.

Export 98

Export Supply chain Supply 98

Supply Chain Game Changer

JUNE 8, 2022

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 7 Ways to Create a Great Customer Experience! As a business owner, you understand that your customers are why your business exists. Therefore, it’s vital to consider them in everything you do. Your buyer’s needs should be your company’s number one priority; this will boost your sales and build customer loyalty for the foreseeable future.

Influencing 116

Influencing Supply Chain Efficiency Purchasing Supply chain 116

Supply Chain Brain

JUNE 8, 2022

Just-in-time and Lean inventory strategies might have served their purpose in the past, but supply chains today are shifting their collective mindset to brace themselves against unanticipated disruptions, says Christine Barnhart, vice president of strategy and GTM with Verusen.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply chain management Supply chain management Supply chain 98

Supply Chain Game Changer

JUNE 8, 2022

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Are Long Term or Short Term Loan Periods Better? If you’re a veteran, thank you for defending the country, putting your life in the line of service, and keeping all citizens protected. Everyone surely appreciates all the hard work and sacrifices you made to make this country safe.

Import 93

Import supply chain budgeting Supply Chain Efficiency Purchasing 93

Advertiser: GEP

The technological landscape is dynamic and changes quickly. And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

Supply Chain Efficiency

Supply Chain Brain

JUNE 8, 2022

One of the most critical components in streamlining supply chains and ensuring that inventory reaches its destination is also one of the most overlooked: the label. .

Supply chain 98

Supply chain Inventory Supply 98

Procurify

JUNE 8, 2022

Written by: Delaney Rombough. As businesses grow and scale, oftentimes, so does their supply base and the number of suppliers they work with. As you grow, you want to optimize your supply base. According to Industry Star, most businesses spend 80 percent of their cost of goods sold (COGS) with just 20 percent of their suppliers. . Supply base optimization ensures that you are focusing on working with suppliers that are the most productive and beneficial to your business. .

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Real-time Visibility 52

Supply Chain Brain

JUNE 8, 2022

The global economy is supported by supply chains that are at the mercy of complex weather systems.

Supply chain 98

Supply chain Strategy Supply 98

Supply Chain Brain

JUNE 8, 2022

Finding opportunities to help other women advance can make a lasting impression — and ultimately create change within male-dominated industries.

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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

Logistics