July, 2021

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Supplier Diversity Part III: Keeping Pace as an Organization

ivalua

In Part I and Part II of this series, we have investigated the way in which supplier diversity programs have developed over time and which nations are leading the way in the space. And while it’s good to stay abreast of how we develop as societies, it’s vital to understand how we can better align supplier diversity best practices as individual organizations. .

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What Is the Procure-to-Pay Process In SAP?

ProcurePort

Procure-to-Pay is the full cycle that a business goes through when they need to obtain goods or services from a supplier. The cycle describes what steps need to be taken to complete the procurement process and to finalize payment. On paper, it’s a simple process that can be followed systematically, but in a modern procure-to-pay […]. The post What Is the Procure-to-Pay Process In SAP?

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Sheri Hinish Contributes in MIT State of Supply Chain Sustainability 2021 Report

Supply Chain Queen

Excited to share the 2021 State of Supply Chain Sustainability report and appreciate the inclusion herein with other friends in supply chain. After an extensive analysis of 2,400 responses, 21 interviews, and 250 documents, this comprehensive report highlights how companies put their Supply Chain Sustainability promises into practice in 2020 despite—or because of—the disruptions caused.

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How Transparency Will Elevate the Post-Pandemic Food Supply Chain

Supply Chain Brain

There’s an opportunity to improve food supply chain logistics and planning with a future-proofing mindset. No element requires more consideration and investment in this regard than transparency.

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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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Top 18 Business Acumen Skills You Should Master

SCMDOJO

How do you attain the skills required for success in your current job and future career? A trustworthy approach to getting career advancement or growing your business is to acquire business acumen skills. Industry or sector is less relevant when it comes to these skills, as they get the most significant business running effectively. It. Continue reading.

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Is Cardboard Packaging Environmentally Friendly?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How Eco-Friendly Packaging is Impacting Sustainability! Cardboard packaging article and permission to publish here provided by Patricia Deems. “We need to ban plastic!” “We need to stop using plastic products!” “Plastic is harming the planet.”. These are some chants that we are hearing on a daily basis and it’s all true, unfortunately.

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What is the Difference Between Strategic Sourcing and Contracts?

ProcurePort

What is contract sourcing? Well, sourcing and contracts go hand-in-hand. You can’t have one without the other. They are two separate parts of the procurement process and they each have their own distinguishing features. It’s these differences that we are going to explore in this blog but let’s begin with a few definitions. What is […]. The post What is the Difference Between Strategic Sourcing and Contracts?

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8 Best Inventory Demand Forecasting Techniques

EazyStock

Demand forecasting techniques. Demand forecasting techniques play a critical role in inventory management. If you can accurately forecast market demand, you can take action to ensure you hold the correct stock to maximize sales and profit. However, producing an accurate inventory demand forecast is no mean feat. In this post we uncover eight top demand forecasting techniques and best practice tips that you can’t be without.

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Supply Chain Blind Spots: Where They Occur, and How to Deal With Them

Supply Chain Brain

Global supply chains frequently encounter blind spots, such as failing to anticipate trade disruptions and supplier risk. The result is significant challenges for manufacturers and their customers, which neither can afford.

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Cognitive Automation in Planning & Forecasting

Supply Chain Trend

I recently presented at the 41st ISF symposium from the International Institute of Forecasters , where I discussed #cognitiveautomation in planning & forecasting, which is availably in this video (25 min). I cover: – why #artificialntelligence alone is not enough to achieve #intelligentautomation – what’s really required to achieve #autonomousplanning ?

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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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The Financial Evolution of Bitcoin!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How to Become a Professional Bitcoin Trader! Financial evolution of Bitcoin article and permission to publish here provided by Jean Nichols. Bitcoin was unconfined at the instance of the financial crisis in 2009. The foremost software of bitcoin was released at first glance of 2009, and in March 2009, the second block of bitcoin complex was mined.

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Creating a Sustainable Supply Chain Strategy: The IKEA Story

ivalua

“ Companies that fail to adapt to climate change will go bankrupt without question. “ -Mark Carney, Bank of England Governor. Those are some very forceful words from Mark Carney, Bank of England Governor, but he’s not entirely incorrect. The world continues to change and evolve, and supply chains are not excluded from that process. In fact, currently 80% of the carbon footprint comes from the global supply chain. .

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The Role Procurement Teams Play in Contract Management

ProcurePort

Procurement today is supposed to be a management function within an organization, directly supporting the strategic goals of the organization. However, this is yet to be achieved in most organizations. In most cases, contract management is left to the legal department team members. However, the team may not have all the required technical knowledge to […].

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JAGGAER ONE 21.2 Release Automates and Optimizes Common Procurement Tasks, Accelerating Time to Value

Jaggaer

The post JAGGAER ONE 21.2 Release Automates and Optimizes Common Procurement Tasks, Accelerating Time to Value appeared first on JAGGAER.

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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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How Online Returns Will Impact the Post-Covid Customer Experience

Supply Chain Brain

Managing returns is driving up costs and becoming a growing concern for business leaders. As such, it’s never been more important for retailers to solve the reverse logistics puzzle.

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How to Optimize Your Profit and Loss with a Demand Driven Supply Network

The Network Effect

The post How to Optimize Your Profit and Loss with a Demand Driven Supply Network appeared first on The Network Effect.

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The Supply Chain Response to India’s Second Wave of Covid!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! India’s second wave of Covid article and permission to publish here provided by Ajay Jha. April 2021 saw India grappling with Covid- 19 again. The largest democracy in the world witnessed a tremendous surge in Covid infections with more than 3 lakh fresh Covid cases daily.

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Ivalua Payments Part II: Using Payments to Become the Customer of Choice

ivalua

COVID-19’s impact on business has drastically changed how supply chains function and how we, as end users, work. It has forced the world to rethink, pivot and adapt to digital technology. It has also exposed the gaps that result in inefficiency and costs, plus the blurred relationships between employees, vendors and customers. The largest identified gap between procurement and payment is the Accounts Payable (AP) process.

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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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What Are the Benefits of Procurement Software?

ProcurePort

Procurement software has opened the door wide for transformation to take place within organizations bringing about automation, improved spend visibility, and spend control. The benefits have been numerous and ramifications felt along the supply chain. This has prompted widespread adoption of procurement software by enterprises leading to the market’s rapid growth.

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Ten Principles for Successful Procurement Change Management

Jaggaer

The post Ten Principles for Successful Procurement Change Management appeared first on JAGGAER.

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The Meaning of Data Fabrics — and How They Benefit Supply Chains

Supply Chain Brain

Traditional data management systems worked well when supply chain professionals had more time to adapt, and the enterprise data landscape was more uniform, structured and simple. But the world is different now.

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5 Tips for Maximizing Warehouse Efficiency

The Network Effect

The post 5 Tips for Maximizing Warehouse Efficiency appeared first on The Network Effect.

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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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Understanding the Shipping Container Shortage!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Fireworks Supply Chain! Shipping container shortage article and permission to publish here provided by Sam White at Argentus. Over the past 15 months, we’ve been writing on the Argentus blog about the immense impacts that the COVID-19 pandemic has had on global supply chains – particularly, as you might expect of a recruitment firm, from the perspective of talent and skills.

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Virtual Roundtable: Encouraging Collaboration with Suppliers as an Engine for Growth ELN x Ivalua

ivalua

The post Virtual Roundtable: Encouraging Collaboration with Suppliers as an Engine for Growth <br> ELN x Ivalua appeared first on Ivalua.

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Procure to Pay: Business Process Map

ProcurePort

There are many steps involved in an advanced, comprehensive, and sophisticated procurement department. Furthermore, the larger the organization, the more involved and intricate the procurement process or lifecycle is likely going to be. This is partially due to scale, and partially due to the nature of procurement in general. A procure to pay: a business […].

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JAGGAER Shortlisted for “Employer of the Year” Category in Women in IT USA Awards

Jaggaer

The post JAGGAER Shortlisted for “Employer of the Year” Category in Women in IT USA Awards appeared first on JAGGAER.

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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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Watch: Pandemic Exposes Weak Points in Manufacturing Supply Chains

Supply Chain Brain

Debbie Altham, senior director of the technology team with Sikich LLP, reveals the findings of a new survey of manufacturers and their supply chains, conducted by the firm in partnership with Industry Week.

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4 Smart Supply Chain Strategies for Boosting Customer Experience

Solvoyo

This is the best of times and worst times for retail. On one hand, online sales taking retail to new frontiers by offering endless choices from the comfort of home and taking away from the sales of brick and mortar stores, and on the other, e-commerce businesses are scrambling to open brick and mortar stores. … Continue reading "4 Smart Supply Chain Strategies for Boosting Customer Experience".

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Amazon Supply Chain Strategies!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Competing against Amazon? You Need A Blue Ocean Strategy! Get Our EBOOK HERE. Amazon Supply Chain strategies article and permission to publish here provided by Jae Jun. Amazon offers sellers fulfillment options. One is FBA and the other is FBM. As a growing seller, you may already know what fulfillment options work best for you.

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The Role of Supplier Collaboration in ESG and Supply Chain Resilience

ivalua

The post The Role of Supplier Collaboration in ESG and Supply Chain Resilience 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.