Thu.Apr 28, 2022

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What is Vendor Management in Procurement?

ProcurePort

• Vendor management refers to the set of activities an organization undertakes to optimize its working relationship with its suppliers. • Vendor management activities involve cost management, risk management, contract negotiations, and performance evaluation. • The scope of vendor management varies with the size of a business, the number of suppliers, and the industry in […].

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Supply Chain Data Quality & Governance

ivalua

The current global supply chain crisis has revealed critical issues involving the global distribution of goods and services. One of the drivers for these issues is focused around the lack of access to reliable “data”. To be of use, supply chain data must be of good quality and trustworthy. The inability to integrate data from multiple sources and the limited ability to interpret/analyze data in real time are a common set of problems facing many organizations.

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A Missing Link in the Pursuit of Supply Chain Resilience

Supply Chain Brain

Warning signs of supply chain disruption are often scattered across various databases, making them virtually invisible to executives.

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Breaking Down Barriers to Sustainability: Supply Chain and Procurement Live Keynote

Supply Chain Queen

“Sustainability is not someone else's problem,” begins Hinish. “More than 50% of CEOs believe that business leaders must take responsibility for the business impact on communities in which they operate.” However, there still remains a gap when it comes to strategy leading to action. According to Hinish, 86% of CEOs have a sustainability strategy, but only.

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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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Building Security Into Your Digital Supply Chain

Supply Chain Brain

,Automation of supply chain processes has rapidly enabled the globalization of supply chains and brought new efficiencies. However, these are not new techniques, and can be somewhat of a double-edged sword.

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A Marketer’s Secret Weapon: Free Instagram Link Video Download!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Private Instagram Story Downloader! For many, social networks are a place where you can relax, look at photos of friends, find entertainment or discuss an interesting topic. Every day, thousands of people start their morning by reaching for their smartphones and checking their Instagram feed.

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What Kind of IT Services Does Your Business Need?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Application of Web Based Technology to Improve Supply Chain! Information technology (IT) plays an integral part in any business enterprise. It includes all types of computing systems and techniques used to create, store and share information. Among the major benefits of an efficient IT system in companies include improved workplace efficiency, minimized costs, enhanced workers collaboration, better data storage solutions, and

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A New Benefit Is Born to Help Companies Find and Keep Workers

Supply Chain Brain

At a time when companies will do just about anything to recruit and retain workers, fertility benefits have gone from novelty to a must-have for many companies.

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How to Make Artificial Intelligence Work in Your Supply Chain

The Network Effect

The post How to Make Artificial Intelligence Work in Your Supply Chain appeared first on The Network Effect.

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Inflation causing most small businesses to raise prices

Strategic Sourceror

The domino-like effect inflation has exacted on supply chains, the economy and its participants is forcing the vast majority of small-business owners around the country to do what their buyers detest: raise prices. And it may be a while before said companies can return those prices to where they were. Over the past year, more than two-thirds of small-business owners say they've increased what they charge customers for their traditional products and services, according to the results of a quarter

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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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A guide to optimizing your supply chain

EazyStock

What does supply chain optimization mean? Put simply, supply chain optimization means using technology to get inventory to the right place at the right time – at the lowest cost and highest profit for your business. Supply chain optimization can be explained as aiming to minimize operating costs and streamline processes throughout the supply chain to improve efficiency, reduce risk and ensure stock availability at each stage.

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A guide to optimizing your supply chain

EazyStock

What does supply chain optimization mean? Put simply, supply chain optimization means using technology to get inventory to the right place at the right time – at the lowest cost and highest profit for your business. Supply chain optimization can be explained as aiming to minimize operating costs and streamline processes throughout the supply chain to improve efficiency, reduce risk and ensure stock availability at each stage.