April, 2022

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The Amazing Supply Chain of McDonalds

All Things Supply Chain

*Disclaimer – This isn’t a commercial blog post.* Back in 1940, brothers Richard and Maurice McDonald, founded McDonalds in San Bernardino, California, USA.

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Why Supplier Relationship Management Should Be Your First Focus

ProcurePort

• Firms today are facing supply chains that are increasing in complexity. A manufacturing entity may work with hundreds of suppliers on different continents. • Customers are demanding competitive pricing, hence making margins even slimmer. There is, therefore, the need to create value through strong relationships with suppliers. • Supplier relationship management today involves leveraging […].

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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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The 10 Procurement groups I follow

ABC of Procurement

There are so many ways procurement professionals can connect nowadays. Here is a list of web pages I frequently visit when looking for knowledge. The post The 10 Procurement groups I follow first appeared on ABC of Procurement.

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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

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.

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Indirect & Consequential Loss

Procurement Templates

I recently had to negotiate some terms and the clause for indirect and consequential loss popped up. As a buyer I want to ensure that all loses are remedied but from a suppliers perspective they want to limit any loss that is indirect & consequential and often want to remove this. Sometimes the clause is joint sometimes parties disagree. I had to go away and think about how I wanted to play this one.

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Fixing the Supply Chain: How AI Can Help, and How it Can Hinder

Supply Chain Brain

Artificial intelligence can predict future demand, improve automation and increase transportation efficiency, giving supply chain managers deeper insight and control over every aspect of the chain. But it's not a magic fix.

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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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We’re BACK! 5 Reasons to attend 2022 Ivalua NOW DC: Stronger Together

ivalua

We’re BACK! 5 Reasons to attend 2022 Ivalua NOW DC: Stronger Together. After almost 3 years, we are thrilled and more than ready to welcome our guests back to Ivalua NOW in Washington D.C! We cannot wait to connect with procurement leaders, innovators, customers, and colleagues in our beautiful nation’s capital! . This year, we’re centering our event around the theme “Stronger Together” to celebrate the collective challenges we have overcome and how we can move forward with renewed priorities.

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Moving Specifics in City Montreal

SCMDOJO

Packing things up and moving into your new home is very exciting, but at the same time, it can be stressful for you. However, if you follow all the right tips, you can make the process quite simple and easy for yourself. So, here we will be discussing some of the tips to help your first-time moving experience when you get demenagement Montreal services.

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5 Steps Towards Digital Supply Chain Transformation!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is a Digital Transformation? Here we present five important steps for all individuals that are interested in digital supply chain transformation to help you attain success despite the numerous challenges that you are likely to experience. In a digital supply chain, the different foundations are created using web-based elements.

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GEP Procurement & Supply Chain Tech Trends Report

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?

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Three Keys for Achieving Supply Chain Resilience

Supply Chain Brain

Supply chain professionals have never had more tools at their disposal, nor a more prominent stage to engage with their corporate leadership teams on risk mitigation and business continuity planning.

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Supply Chain Weekly Wrap-Up 04/22/2022-04/28/2022

All Things Supply Chain

Indonesia announces palm oil export ban The world’s top palm oil producer, Indonesia, has revealed plans to ban exports of the most commonly used vegetable oil in a shock move…

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Is Purchasing and Procurement the Same?

ProcurePort

• Most people often use the terms procurement and purchasing interchangeably. • While the two terms are about acquiring goods and services, procurement professionals can point out important distinctions. • Procurement has different intentions from purchasing. To understand this, it’s important to go through the steps involved in both processes. Procurement Procurement is a detailed […].

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5 Top Tips: How to Increase Procurement Agility in Financial Services:

ivalua

5 Top Tips: How to Increase Procurement Agility in Financial Services. Financial Service Institutions (FSIs) face an increasingly volatile business climate as lending profits dwindle and digital competition rises. As well-established institutions feel the ever-increasing weight of regulation on their operations, newer banks entering the marketplace are not experiencing the same constraints.

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Scaling Logistics for Success: A White Claw Story

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

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7 Reasons to Hire a Supply Chain Consulting Firm

SCMDOJO

The first question you may probably be thinking is, why do I really need to hire a Supply Chain Consulting Firm? As a business leader or senior manager in a firm that does not typically use supply chain consulting solutions, you may wonder what additional value or experience can be offered. It can be a minefield and sometimes not overly obvious how to justify whether you need to hire such a firm, this blog will address this with providing 7 reasons to hire a supply chain consulting firm.

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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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The Supply Chain Ripple Effect of Digital Labels

Supply Chain Brain

Taking a holistic view, executives are looking to implement technology and processes that enable resilience not only to address the current supply chain landscape, but to future-proof for the next set of challenges.

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Supply Chain Weekly Wrap-Up 03/25/2022-03/31/2022

All Things Supply Chain

Fears of a neon shortage due to Russian invasion Two key suppliers of neon have shut down operations in Ukraine due to the Russian invasion, sparking concerns for chip shortages.

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Supply Chain Orchestration: A New Era in Supply Chain Management

When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.

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Difference Between Procurement and Vendor Management

ProcurePort

• The procurement function is among the most critical processes in most organizations. • The procurement function entails identifying goods and services required by the organization, inquiring about their availability, and assessing suppliers based on quality, cost, and delivery conditions. • Below, we take a refined look at the difference between procurement and vendor management. […].

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Ivalua Further Grows its Procurement Solution Business in Canada

ivalua

Canadian-based TELUS implements Ivalua’s EPS solution to digitize the entire end-user buying process. Redwood City, CA, April 11th, 2022 – Today, Ivalua – a leading provider of global Spend Management Cloud solutions , and Optis Consulting – a trusted implementation partner, announced that world-leading Canadian communications technology company, TELUS, has successfully implemented their electronic procurement solution (EPS) to digitize TELUS’ entire end-user buying process. .

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How To Create A Logistics Resume – Tips & Example

SCMDOJO

A well-written logistics resume that satisfies the needs of potential employers increases your chances of being recruited and securing the job of your dreams. Warehousing and transferring items to and from clients is part of your job description as a Logistician. You can improve your resume with logistics if you want to be noticed by recruiters. This resource includes a logistic resume writing guide to help you get the job you desire!

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Yield Farming From A to Z!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Can Decentralized Finance Revolutionize the Financial Segment? This article will explain the basics of yield farming and how you can earn from it. In the past few years, Decentralized Finance (DeFi) has become one of the most important areas in the field of cryptocurrencies, while yield farming is one of the key ways traders make money in this segment of the crypto market.

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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'Micro' Robotic Solutions Are Headed for Mom-and-Pop Warehouses

Supply Chain Brain

Technologies are coming online that can allow companies with a smaller footprint, or with workflows in tighter spaces, to reap the benefits of robotics and automation without having to write a giant check.

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Supply Chain Weekly Wrap-Up 04/08/2022-04/14/2022

All Things Supply Chain

China’s vehicle sales drop as COVID-19 restrictions are put in place Car sales in China fell by over 10% last month as automakers continue to struggle with factory closures due…

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A New Reality for Oil and Gas Procurement and Supply Chains

ProcurePort

• The oil and gas procurement has endured some turbulent times over the last 24 months. In 2020, the world witnessed record low prices as the demand for oil and gas reduced dramatically due to lockdowns. • Fast forward to 2022 and the world is dealing with a geopolitical crisis in Eastern Europe where Russia […]. The post A New Reality for Oil and Gas Procurement and Supply Chains appeared first on ProcurePort Blog.

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2022 Ivalua NOW Paris Recap!

ivalua

Ivalua NOW Paris Day 1 + 2 Recap . Shaking hands, sharing ideas, having a laugh, and a glass of champagne (or two)…we are renewed, recharged, and re-energized from Ivalua NOW Paris! Ivaluans, customers, sponsors, and prospects gathered at the exquisite Musée du quai Branly – Jacques Chirac to meet, exchange ideas, and collaborate in-person! Below, we’ve summarized Day 1 and Day 2, but stay tuned for video recaps and more photos from Paris!

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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Supply Chain Management in Apparel Industry

SCMDOJO

Managing the flow of goods within the apparel industry requires an extensive and well-established supply chain network. Since this particular industry is insanely fast-paced, any problem within the supply chain can lead to a loss of sales for the business. Supply chain management can really be a deal-breaker for an apparel business. The management of resources in the hands of a business is no small deal.

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Make Your Manufacturing Business More Efficient!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 8 Ways to Improve Your Warehouse Fulfillment Efficiency! Is your manufacturing business not operating to the levels you’re expecting? Are you looking for ways to increase your returns and profits? The secret lies with one dictionary word; efficiency. Efficiency will ensure that you’ll achieve high production figures while minimizing costs.

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EVs Are on the Way, But Can AVs Keep Up?

Supply Chain Brain

Advances in automotive technology aim to bring an end to the gasoline-powered internal combustion engine. Will the human driver be jettisoned along with it?

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Supply Chain Weekly Wrap-Up 04/01/2022-04/07/2022

All Things Supply Chain

Sunflower oil supply disruptions causing havoc for supply chains The recent invasion of Ukraine has led to disruptions of almost half of the world’s sunflower oil exports, meaning companies are…

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Exploring the Advantages and Hurdles of Direct Store Deliveries

Direct Store Delivery, or DSD, is a common practice among global suppliers and retailers – like PepsiCo, Frito Lay, CVS, and Dollar General – and its popularity is growing, with the global DSD market expected to reach $1.19 trillion by 2027. Download this eBook for exclusive insights into direct store deliveries, challenges, benefits, and future trends.