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On August 4th, 2,750 tonnes of ammonium nitrate – equivalent to approximately 6 million pounds – that were being stored in a facility at Beirut’s port caught fire and exploded.
Anyone who has been through a Procurement software implementation will know, it’s not always simple. Having been at Ivalua for many years I thought I’d share my perspective. Here are a few points which I hope demonstrate my knowledge of the Procurement process and show my understanding of how the Procurement function needs to operate to be successful.
Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software. In this article, Niels argues that these technological advances can lead to either (a) planning-process and decision automation or (b) planning and decision augmentation.
“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.
Did you know that reverse auction software can help you save 18 to 40% on addressable spend? Buyers are always looking for ways to reduce sourcing fees and the e-auction system provides such a platform. It permits streamlining of e-procurement and assists in improving service along the supply chain. Indeed, e-Auctions have revolutionized the way […].
Coronavirus Exposes Global Supply Chain Fragility! The Coronavirus pandemic continues to wreak havoc throughout the world. In some places the pandemic has been controlled and life is getting back to a new normal. Yet in many other cases the pandemic is spreading aggressively and even realizing a devastating resurgence, particularly in the United States.
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Purchasing & Procurement Zone brings together the best content for professionals in the purchasing and procurement field from the widest variety of thought leaders.
In the wake of the coronavirus pandemic and rising overseas production costs, many American companies are thinking about returning at least some manufacturing to the United States. But XStream Trucking Inc. has wasted no time in doing just that.
2020 is going to be a significant year historically. From the world-wide pandemic, to the mass social unrest, to one of the most unique elections the United States has ever seen; 2020 has certainly been hectic. Professionals, decision makers, and organizational leaders have had to rapidly adjust to the changing business landscape in order to […].
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
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What Exactly Is Reverse Logistics? Reverse logistics role article and permission to publish here provided by Kevin Jessop at cerasis.com. As customers continue to shop online the demand on reverse logistics—particularly the process of managing returns—will skyrocket. It’s the same story; customers want more and more.
From early on in the Covid-19 pandemic , and for pretty obvious reasons , procurement in healthcare and pharmaceuticals has been in the spotlight like never before. Managing supplier s in a highly volatile economic, societal and environmental situation was especially challenging for the pharma industry. In recent years , the sector has become highly dependent on deliveries from the Asia Pacific region and in particular China, where capacities in the transport chain between inland plant
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
Right about this time in any “normal” year, ocean carriers and truckers would be entering their annual peak season for freight volumes, in expectation of that ever-reliable holiday shopping bonanza.
In an industry like procurement, there are a lot of different terms that sound very similar, and even have similar functionality. Understanding the nuances between these terms is integral to finding success as a procurement professional. Additionally, it can be a good self-reflection exercise to ensure that your internal procurement team is using the appropriate […].
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Truck Drivers are a Vital Part of the Supply Chain! Vital role article and permission to publish here provided by Amy Fletcher. “Shippers, carriers, wholesale vendors, and others in the supply chain are concerned about the performance of the freight logistics system because highway, rail, and port operations affect their costs and profits,” state experts in the report Measuring the Transportation System from a Supply Chain Pe
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
With hybrid and fully electric cars more popular than ever, it’s no surprise that electric semi-trucks are a compelling topic for discussion within the shipping industry.
Procurement and sourcing teams are some of the busiest departments of any organization. All year round they are working round the clock to ensure that goods & services for the business are procured in a timely manner from reliable suppliers to keep operations running smoothly. Procurement teams cannot slacken or let their guard down otherwise […].
This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Anatomy of the Perfect Unboxing Experience! (Infographic). Shipping Damage article and permission to publish here provided by excelsior.ph. Shipping damage can cost any business owner a significant loss in annual gross sales. Although it can be prevented, damages on shipping can happen more often and might bring a series of detrimental effects for both the buyer and the seller.
The true business impact of the COVID-19 crisis will be best measured by the response of industries to learn lessons and rebound as strongly and quickly as possible.
?. Public sector procurement is stuck in limbo – frequently the differences between public and private sector seem enormous, but they’re of te n exaggerated or misunderstood. We sat down with Richard Hogg, Managing Director, JAGGAER UK, and Jim Rawlings, Commercial Direc tor, UK Ministry of Justice, to talk through the challenges and misconceptions about digital procurement in the public sector.
In this webinar, supply chain industry experts share insights and best practices for enhancing supply chain efficiency, resilience and adaptability. Watch the webinar to learn strategies to develop supply chain maturity and save on costs. Delve into the stages of supply chain maturity, from foundational management to advanced optimization and innovation.
Without inventory management, businesses, economies, and societies would descend into chaos. Inventory management is one of the most crucial elements in developing strong and resilient supply-chains that aren’t affected by the volatile marketplace. Implementing inventory management software has become an industry standard in order to better facilitate the processes and practices involved in inventory management. […].
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How to Be a Successful Importer! (Infographic). Bill of Entry article and permission to publish here provided by Prajakta Pingulkar. Do you know what is a Bill of Entry? A Bill of Entry, also known as BOE, is a statutory document registered by the custom clearance agents or merchants (such as importers) during or before the arrival of imported shipments.
Our Ask an Expert series continues, and I am delighted to have the woman, who colleagues and clients affectionately call the “Supply Chain Queen”, Sheri Hinish as my next interview…
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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