Wed.May 18, 2022

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AI Creates an Efficient Inventory Management System

All Things Supply Chain

Effective inventory management can be an invaluable asset for any organization. With the right management system, a business can improve inventory visibility, optimize its supply chain and navigate shortages.

Inventory 296
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What is Sourcing Process in Procurement – A Complete Guide to Sourcing Processes [2022]

ProcurePort

• Sourcing is the process of finding the most suitable suppliers of goods and services to a company. When sourcing, a business has to consider the following constraints: cost, profit margins, and competitiveness. • The right supplier must offer a good enough price so that the acquiring business can make a profit margin by trading […]. The post What is Sourcing Process in Procurement – A Complete Guide to Sourcing Processes [2022] appeared first on ProcurePort Blog.

Sourcing 246
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5 Steps Towards Modernizing Supplier Management

ivalua

When it comes to the nature of buyer-supplier relationships, we’re entering a brave, new world. Organizations are increasingly dependent on suppliers to successfully bring innovative goods and services to market on time, improve ESG performance, and meet other objectives. Even reducing costs often depends more on effective collaboration rather than negotiation in today’s market.

Suppliers 130
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Obsession With Cost Puts Supply Chains at Risk

Supply Chain Brain

Supply chain management strategies often center on a dominant but incomplete view of cost — to the exclusion of resilience.

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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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Holistic Supplier Management is Key to Business Success

ivalua

The post Holistic Supplier Management is Key to Business Success appeared first on Ivalua.

Suppliers 130
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Is Your Supply Chain Telling a Different Story Than Your Brand?

Supply Chain Brain

A small tag on a t-shirt with an eco-friendly symbol might not seem noteworthy at first glance, but the tale behind that tag is a rich one.

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Vast Swath of U.S. at Risk of Summer Blackouts, Regulator Warns

Supply Chain Brain

A vast swath of North America from the Great Lakes to the West Coast is at risk of blackouts this summer as heat, drought, shuttered power plants and supply chain woes strain the electric grid.

Risk 98
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10 Over-The-Top (OTT) Trends!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Use Video Media to Build Your Customer Base! Since the breakout of the Covid pandemic, the world has changed drastically. Especially as it concerns the video entertainment sphere. People all around the world are spending more and more time watching TV shows and movies via the Internet, leaving cable TV behind.

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Manual Pricing Is Killing Company Profits Amid Inflation

Supply Chain Brain

In an age of automated ports and AI-powered hiring, many companies’ go-to method to manage pricing is amazingly low-tech — typically a mash-up of emails, spreadsheets and disjointed business intelligence tools.

Price 98
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EcoVadis @IvaluaNow: Enterprises Catching ESG Tailwinds

CPO Rising

Leading supply management suite provider, Ivalua, recently held its annual user conference Ivalua Now as an in-person (but also virtual) event in Washington, D.C. It was another stellar showing of this always well-organized and high-class affair. Ardent analysts participated virtually this year and hope to return in person in 2023. The Day One mainstage was […].

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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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5 Supply Chain Challenges Impacting Utilities and How to Overcome Them

The Network Effect

The post 5 Supply Chain Challenges Impacting Utilities and How to Overcome Them appeared first on The Network Effect.