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As we move towards a new decade is the emphasis in the procurement world changing – are we going to see a new age, where the Art of Procurement comes to the fore? Much of our focus in the last twenty years or so within the procurement profession and within our specific procurement functions has been on what we might call the “Science of Procurement”.
Consumers are more conscientious about their purchases than ever before. They expect organizations to meet a certain set of ethical standards, and supply chains aren’t exempt from scrutiny.
Everyone’s talking about the potential and promise of blockchain and other bleeding edge tech tools for “supply chain digitization”. Yet, many logistics and transportation pros are asking why, in practical terms, they should explore and embrace blockchain technologies ahead of more pressing and less esoteric logistics IT initiatives. Supply chain digitization is a killer use case for blockchain and it is coming to supply chain management.
The Internet of Things (IoT) is changing the way the world thinks about food. Consumers now have the option of. The post The Future of Food: 6 Ways IoT is Impacting Food Supply Chains appeared first on The Network Effect.
“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.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What Exactly is Blockchain? And How Does it Work? (Infographic). Article written by, and permission to publish here provided by, “SK” Sanjeev Kumar Roy at [link]. When people hear about Blockchain technology they think of “Bitcoin” and because of this association – The underlying Blockchain technology has been always been viewed suspiciously due its rather radical approach to data sharing on an open platform
About Kevin: Kevin Skau is the Chief Operating Officer of Design Ready Controls , a control panel manufacturer headquartered in Minneapolis, Minnesota – designing and manufacturing control panels for high-volume OEMs in a variety of industries. Congratulations on the award, Kevin! As Automation Hero, what processes or tasks have you automated at Design Ready Controls?
Best practice P2P capabilities now available for deployment in 8-12 weeks. Ivalua, a leading provider of global Spend Management Cloud solutions, today announced the availability of a quick deployment package for Procure-to-Pay (P2P). The new package allows customers to fully deploy Ivalua’s best-of-breed P2P solution in 8-12 weeks. Unlike competitive offerings, the package offers the full capabilities and extensibility of the Ivalua platform.
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Best practice P2P capabilities now available for deployment in 8-12 weeks. Ivalua, a leading provider of global Spend Management Cloud solutions, today announced the availability of a quick deployment package for Procure-to-Pay (P2P). The new package allows customers to fully deploy Ivalua’s best-of-breed P2P solution in 8-12 weeks. Unlike competitive offerings, the package offers the full capabilities and extensibility of the Ivalua platform.
Andrew Thomas, founder of Skybell Video Doorbell, reports that it takes roughly 40 positive customer experiences to undo the damage of a single negative review. With stats like that, it’s easy to see why customer satisfaction influences customer loyalty, retention, and even your ability to attract new customers. If one element of a business’ product or service dissatisfies a customer, the rest of the business can suffer, majorly impacting your bottom line.
It’s a very interesting time in supply chain. There are a number of exciting technologies coming together to create new. The post 4 Forces to Drive Your Supply Chain Transformation appeared first on The Network Effect.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Procurement (and Purchasing) Job Interview Questions & Answers. For a considerable portion of my career I have worked in the Manufacturing and Logistics/Distribution Industries. In these industries a segment of the Procurement organization is called Commodity Management. However when I entered the Retail industry the group largely responsible for Procurement, amongst other things, was called Category Management.
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
About Kevin: Kevin Skau is the Chief Operating Officer of Design Ready Controls , a control panel manufacturer headquartered in Minneapolis, Minnesota – designing and manufacturing control panels for high-volume OEMs in a variety of industries. Congratulations on the award, Kevin! As Automation Hero, what processes or tasks have you automated at Design Ready Controls?
Ivalua builds momentum as technology platform of choice for public sector procurement. Redwood City, CA March 14, 2019 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that the State of Maryland has selected its Source-to-Pay platform to power a new statewide e-procurement system, eMaryland Marketplace Advantage.
The automotive manufacturing supply chain has become almost too massive to manage, leaving manufacturers and suppliers with the challenge of finding qualified workers with the skills to identify and prevent quality risks.
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.
The promise and the perils of choosing a multi-enterprise supply chain network We’re almost two decades into the 21st Millennium, The post Multi-Enterprise Network Platforms vs Pseudo Networks appeared first on The Network Effect.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Solving the Out of Stock Problem! (Infographic). Article originally published by, and permission to publish here provided by, Dave Joseph at [link]. Understanding more about the needs and wants of customers can help supply chain leaders make informed decisions, improve inventory management, and increase profitability.
Claritum Article - Procurement Blog. Contents. 1. Introduction. 2. Crazy World of Procurement. 3. Automation in this Crazy World. 4. Single or multiple eProcurement platforms? 5. Summary. 6. Further Reading. 1 Introduction. Assessing procurement automation solutions and service providers often includes comparison of features and functions, with weighting being given to those systems that have more features.
By Christopher Bourez. Many providers in the market talk about leveraging machine learning to capture and digitize information such as that from an invoice. The truth is that the improvement in accuracy that machine learning can offer really varies widely – they are not all made equal. For example, some may call a rule-based engine machine learning.
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.
Let's assume you have a successful product, a well-developed brand and a seamless manufacturing process. Now, you’re ready to take your product to the international stage.
Recruiters spend countless hours and thousands of dollars in resources bringing in job candidates, but what happens once you’ve hired. The post Tips for Attracting and Retaining Top Talent appeared first on The Network Effect.
Subscribe Here! Email Address. 6 Reasons Supply Chain Employees Look For New Jobs! What’s the difference between a productive, healthy, high performing organization and a toxic, destructive, and volatile organization? Trust! Or rather, the lack thereof! I have, as have others, joined companies and have taken new jobs based on trust. I have, as have others, left companies and have left jobs based on distrust.
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
Cultural Fit Key For Southwest Airlines Employees And Suppliers Post by Kate Vitasek published in Forbes on 26 March 2019 Southwest Airlines is renowned for its unique people-centric culture and customer experience, with the key words including fun, casual and hip. So, when the airline wanted to imbue its online career site with those same aspects for job candidates, it set out to find a supplier that also had the right cultural fit… Here is the link: [link] The post Forbes — 26 Marc
Ivalua’s suite will enable the strengthening of internal collaboration between the various Group Procurement entities around the world by industrializing and improving reliability of the Chemicals Price List Publication processes. London, UK – March 26, 2019 – Ivalua, a leading provider of global Spend Management Cloud solutions, and the Chemical Purchasing Department of the Hutchinson Group , a world leader in technologies for vibration control, fluid management systems and sealing
Photo licensed through iStockphoto. The strength of any chain is defined by its weakest link. A supply chain, or as I prefer to say, a value network, is similarly constrained. By orchestrating the flow of material, information and cash through your value network, you can prevent negative business impact from weak links by detecting anomalies, diagnosing their causes, and directing the next best action before there is a serious business impact.
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.
To engage with the most vulnerable in your supply chain, start by evolving your company’s culture. There are a number of organizations doing great work to uncover slavery and engage workers within their supply chain. As an industry we have become quite adept at knowing the signs of slavery and setting targets to improve practices within the supply chain.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. On Time Delivery – Get that right First before all else! Article originally published by, and permission to publish here provided by, Valerie Castro at [link]. There is no denying the fact that the rise of e-commerce has changed the buying habits of consumers. Gone are the days when folks would have to go to physical stores to purchase what they need.
Reviewing RFx Bidding Methods: Which Ones are Right for You? Article by Kate Vitasek publishedMarch 2019 in Contract Management Magazine Every day, companies use well-known, tried and true competitive bidding methods to choose their suppliers. Most common, of course, is the request for proposals (RFP)also commonly referred to as a request for tender or invitation for proposal… Here’s the link: [link] The post Contract Management Magazine — March 2019 appeared first on Vested.
Every year, The Hackett Group conducts an in-depth key issues study. The latest study focuses on Procurement’s transformation journey including the goals and obstacles limiting progress. Further, to bridge the digital transformation gap, the report digs into technologies that an increasing number of Procurement organizations are planning to adopt over the next 1-2 years.
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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