June, 2019

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Believe It Or Not, Procurement Impacts Every Single Person

ivalua

Vishal Patel, VP Product Marketing, Ivalua. You’re probably wondering what i’m going on about here. It’s pretty simple, actually. If you live in a city, state or country, which everybody does, your life and the lives of your family and friends is impacted directly by Procurement. No, I’m not referring to the Procurement department of your company (although, if Ivalua has anything to do about it, there are lots of interesting things happening there too).

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Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is Supply Chain Management (SCM)? (Video). When I started my career the term “Supply Chain” had just been coined. As such it was many years before I actually heard of the term “Supply Chain Management” Regardless I pursued my interests and took on an increasingly diverse set of progressive jobs as time went on.

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Should Procurement Fear or Welcome AI and Machine Learning Technology?

Supply Chain Brain

Your lengthy career in procurement has consisted largely of being beaten up by top management over the need to constantly cut supplier costs. Along comes digital technology to make your job easier — or take it away.

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The New Lexicon for Digital Supply Chain Management

Supply Chain Collaborator

The leaders in supply chain management are all focused with intensity on achieving the promise of Supply Chain Digitization. Understand the terms and ideas being put forward by the early adopters of the amazing new digital supply chain technologies being harnessed by today’s leading practitioners. . There have been unprecedented advancements in technology over the last 20 years, occurring at a dizzying pace.

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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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June 2019 Automation Hero: Erwin van der Wouden of Araco

EazyStock

Erwin van der Wouden, supply chain manager at Araco, has automated the purchasing of more than 2000 SKUs. Name: Erwin van der Wouden. Title: Supply Chain Manager. Company: Araco International. Congratulations on the award, Erwin! Could you please tell me a little about your role and what processes or tasks have you automated at Araco? Thank you! I am the Supply Chain Manager at Araco International , a fast-growing wholesaler of promotional business gifts, based out of Enschede, the Netherlands.

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How Close Are We to Digital Transformation in Procurement?

Jaggaer

Key Findings from the JAGGAER 2019 Digital Procurement Survey. Despite all the talk of digital transformation in procurement, the JAGGAER 2019 Digital Procurement Report reveals little change since 2017. The report identifies the lack of budget and requisite IT skills, and lack of progress with data integration as well as lack of digital knowledge among procurement professionals themselves, as some of the most important obstacles to more rapid progress.

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What’s the Difference Between a Warehouse and a Distribution Center?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What’s the Difference Between Logistics and Distribution? I began my career with responsibility for, amongst other things, Warehouse space planning. With almost a dozen local and remote buildings used to store raw materials and finished goods I spent more than my share of time walking through Warehouses and up and down aisles of racking and shelving.

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Future Factories Will Impact the World Far Beyond the Factory Floor

Supply Chain Brain

Managers and workers are embracing digital technologies as the fourth industrial revolution reshapes the global economy.

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How to write an RFP that suppliers want to respond to

Ms. Category Management

Writing an RFP in the digital age is no easy task. Especially when you have lots of information to share. Find out how to write an RFP suppliers will WANT to respond to!

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How to Use ABC Analysis for Inventory Management (and the Added Value of XYZ Analysis)

EazyStock

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis. But first here’s a quick reminder of what ABC classification of inventory is: ABC Analysis Definition.

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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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Impact Acceleration Award for Claritum

Claritum

Claritum Article - Procurement Blog. Bath, UK (June 25, 2019) – Claritum, together with Setsquared and the University of Southampton Business School, has secured an Impact Acceleration Award* focused on using AI Data Analytics to identify issues, gain better spend visibility and make faster business decisions. Claritum will benefit from the research insight of the Business School applied to advance our analytics offering focused on business efficiency.

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Hitting The Brakes On Out Of Control Supplier Master Data W/ Cyrille Naux

ivalua

Managing Director, Art of Procurement. Everything procurement delivers – from savings to risk mitigation to value – is predicated on having access to clean, trustworthy data. If this foundation does not exist or if it is shaky, then buyers don’t know how much the company is spending with a given supplier, let alone how they can improve the efficiency or impact of a given spend category.

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How Social Media Benefits Supply Chain!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chain as a Service (SCaaS)! Article written for, and permission to publish here provided by, Katie Russell at fronetics.com. If your supply chain company isn’t active on social media, know that your competitors are. Here are four ways social media can help the supply chain in improving processes and expanding your audiences.

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Improving Supply Chain Efficiency Through IoT Technology

Supply Chain Brain

The global supply chain has become extremely complex. Proctor and Gamble has more than 75,000 suppliers, while Walmart counts more than 100,000. With so many suppliers in the mix, companies are finding it extremely challenging to keep tabs on their shipping containers.

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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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Negotiation Donkeys – Quit Your Crying!

Ms. Category Management

It's 2019 and the Negotiation Donkeys are on my last nerve! Read more to hear what the top 5 common excuses are and what I think we should do moving forward.

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June 2019 Automation Hero: Erwin van der Wouden of Araco

EazyStock

Erwin van der Wouden, supply chain manager at Araco, has automated the purchasing of more than 2000 SKUs. Name: Erwin van der Wouden. Title: Supply Chain Manager. Company: Araco International. Congratulations on the award, Erwin! Could you please tell me a little about your role and what processes or tasks have you automated at Araco? Thank you! I am the Supply Chain Manager at Araco International , a fast-growing wholesaler of promotional business gifts, based out of Enschede, the Netherlands.

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Claritum serves Heineken

Claritum

Claritum Article - Procurement Blog. Bath, UK (June 11, 2019) – Claritum, a provider of cloud based spend management solutions, today announced that Heineken has been added to the many brands procuring marketing goods and services through our Cloud solution. “It gives me great pride to know that significant brands, like Heineken, use Claritum to purchase their branded goods.” said Prof.

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Hear from Covea CPO what impact Ivalua Procurement is having

ivalua

The post Hear from Covea CPO what impact Ivalua Procurement is having appeared first on Ivalua.

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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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How to Select the Right Pallet Racking for Your Warehouse! (Infographic)

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Streamline your Entire Distribution Centre or Warehouse at One Time! Article and infographic, and permission to publish here, provided by Brent Frayser at speedrackwest.com. Organization is a key component to the success of any industry. Keeping track of inventory and supplies can dramatically effect the bottom line, depending on the amount of time and resources allocated to these aspects of the business.

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Companies Are Wildly Overestimating Their ‘Digital Maturity’ in Supplier Management

Supply Chain Brain

When it comes to assessing progress toward digital transformation of the procurement function, a lot of companies appear far less advanced than they think they are.

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It’s an Inside Job: The Dirty Little Secret of Sourcing Fraud

Ms. Category Management

Sourcing Fraud. It's the dirty little secret and epidemic sweeping small businesses. So why haven't we heard more about it? Read more to find out.

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How to Use ABC Analysis for Inventory Management (and the Added Value of XYZ Analysis)

EazyStock

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis. But first here’s a quick reminder of what ABC classification of inventory is: ABC Analysis Definition.

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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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Procurement Challenges Condensed

Claritum

Claritum Article - Procurement Blog. Contents. 1. Introduction. 2. Breaking Down the Domains. 3. Identifying the Challenges by the Domain. 4. Conclusion and additional thoughts. 1 Introduction. I took on the challenge of writing a condensed version of all the current Procurement challenges. Basing this on the many articles I have read covering this subject.

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Executing a successful procurement transformation

ivalua

The post Executing a successful procurement transformation appeared first on Ivalua.

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Automated Vehicles – An Update!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Will Driverless Trucks Ever Gain Traction? Article originally published by, and permission to publish here provided by, Michael Gaughan at land-link.com. Though field testing for automated vehicles has been relatively successful some hurdles to full implementation remain. Namely, consumer acceptance and comfort in riding in these vehicles.

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Why I.T. Systems Are Key for Global Supply Chain Evolution

Supply Chain Brain

The source of many issues in supply chain and logistics management often can be traced to underperforming, overburdened I.T. systems.

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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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3 Epic Business Faux Pas you’ll be happy didn’t happen to you!

Ms. Category Management

3 epic business faux pas that will make you cringe! Join me and laugh at my pain!

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Negotiation Tactics Essentials

Procurement Zen

Throughout the years I have learned a lot of negotiation tactics. In this blog posts I will show you the tactics that are successful. I will also reveal details and how you can counteract them if the other party applies them on you. So negotiations. Everyone does them. It doesn’t matter if you want it or not but we do it all the time. If you are in the procurement space (like I am) you do it more often.

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Maverick buying moves mainstream

Claritum

Claritum Article - Procurement Blog. thanks to the rise of cloud based marketplaces. Contents. 1. Introduction. 2. Procurement the barrier to doing business. 3. Poor governance structure. 4. Many organisations are decentralised. 5. Large programs/projects operate separately. 6. No visibility of the impact of Maverick spending. 7. Marketplaces will continue to grow. 8.

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Vinci Energies Chooses Ivalua Procurement

ivalua

The post Vinci Energies Chooses Ivalua Procurement appeared first on Ivalua.

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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.