March, 2021

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Warehouse management system: how to make the supply chain run like clockwork

All Things Supply Chain

Stock management or inventory management is crucial for the supply chain. It allows a company to track corporate resources, ensure proper stocking and meet the customer demand level.

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CKS Benelux and Ivalua partner with Punch Powertrain to digitalise strategic sourcing

ivalua

Solution deployed in 10 days to improve direct material sourcing, increasing profitability. Massy, France 18 March , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, and CKS BeNeLux today announced that Punch Powertrain has successfully deployed Ivalua’s platform to support the digital transformation of the strategic sourcing process.

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How to Assess Supplier Risk Management in Procurement: An Overview, Report, and Checklist

ProcurePort

The risk will always be a part of our everyday lives. There’s no escaping it, honestly, but that doesn’t have to be a bad thing. In fact, the right risks, made with calculations and well-founded information, yield some of the best rewards. That being said, there are certain times and places that we want to […]. The post How to Assess Supplier Risk Management in Procurement: An Overview, Report, and Checklist appeared first on ProcurePort Blog.

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Watch: Using Quantum Computing to Optimize Shipping Routes

Supply Chain Brain

A look at the innovative application of quantum computing to the problem of optimizing ship and vehicle routes, with Amy Herhold, Director of Physics and Mathematical Sciences, Corporate Strategic Research with ExxonMobil Research and Engineering, and Jamie Thomas, General Manager of IBM Systems Strategy & Development.

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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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Top 18 Supply Chain KPIs for the Supply Chain Team

SCMDOJO

Nowadays, no one could deny that the supply chain is essentially the backbone of any company and most supply chain team use some kind of Supply Chain KPIs. In other words, it is about a living ecosystem that ensures the smooth, effective and consistent delivery of products or services from supplier to customer. When. Continue reading. The post Top 18 Supply Chain KPIs for the Supply Chain Team appeared first on SCMDOJO.

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Achieving Autonomous Supply Chain Planning; an expert interview

Supply Chain Trend

Hi there, hope you are all safe, sane and healthy! I recently got interviewed by Bethanie Maples about my Foresight article; ‘Autonomous or Lights out Planning, what’s really required?’ Bethanie is an AI and human cognition expert, does research at Standford University and is advisor to many entrepreneurs. I explain how we have to make the leap forward from Wave 1 (ERP) and Wave 2 (APS) technology, to Wave 3 technology, or systems of intelligence.

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Using Digitization to Unlock Supply Chain Value for Manufacturers

ivalua

The role that procurement plays in manufacturing organizations is a difficult one. This function must simultaneously balance cost reduction, quality, and assurance of supply in their quest to maximize profits. . Without digitization, many manufacturing organizations see one or more of these areas suffer due to a reliance on manual processes, a lack of collaboration with suppliers, and little to no visibility of risk during the product development process.

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Reporting and Analytics – How Effective Are They in Procurement?

ProcurePort

What is the role of an e-procurement report? Where does analytics fit in for procurement teams? How important are they for organizations? Reporting and analytics can highlight problems along the supply chain and provide solutions for procurement issues while giving direction for future efforts. If you have no systems to track your metrics then you […].

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How to Approach Cybersecurity Through Tech, People and Processes

Supply Chain Brain

While businesses build cybersecurity fortresses for themselves, there are several vulnerabilities at touchpoints with manufacturers, suppliers, global partners and other service providers to consider.

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The Smart Supply Chain in Action!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Preparing Business for the Digital Supply Chain! Oracle Interviews Mike Mortson! Get Our EBook here. As I was recruiting to hire my next CIO I knew that I wanted someone who was more than the traditional I/T person. I didn’t want someone who would just make sure the systems and computers were up and running.

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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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An In-Depth Guide to AI-Powered Contract Management

Jaggaer

The post An In-Depth Guide to AI-Powered Contract Management appeared first on JAGGAER.

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Even After COVID Comes to an End, You Should Consider a Fully Automated Warehouse

All Things Supply Chain

The COVID-19 pandemic has changed our lives irrevocably. The way we play, how we live and socialize and how we work has been altered by this insidious virus.

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CKS Benelux and Ivalua partner with Punch Powertrain to digitalise strategic sourcing

ivalua

Solution deployed in 10 days to improve direct material sourcing, increasing profitability. Massy, France 18 March , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, and CKS BeNeLux today announced that Punch Powertrain has successfully deployed Ivalua’s platform to support the digital transformation of the strategic sourcing process.

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Supplier Management in Procurement – Its Benefits, Process, & Best Practices

ProcurePort

Besides your customers, your suppliers might be the next most important group of people with which your organization regularly interacts. This is because, without your suppliers and vendors, your products and services simply don’t get made. If you don’t have goods or services to offer, then you won’t have any customers either. Herein lays the […].

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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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Protecting Your Supply Chain From Forced Labor

Supply Chain Brain

Businesses and suppliers alike must take preemptive action to rid their supply chains of forced labor, or face irreversible damage to their consumer base.

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Tips to Improve Your Marketing Campaign!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Content Marketing Trends for Supply Chain! GET our EBOOK HERE. Marketing campaign article and permission to publish here provided by Marlene Coleman. As 2021 unveils, devising an effective marketing campaign is paramount to target the audience and make sales. Whether you are a B2B or B2C company, a marketing campaign can elevate your standards and foster more leads and conversions.

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Using ABC Analysis in Inventory Management

EazyStock

What is ABC Analysis? ABC inventory analysis is a method used to classify a business’s stock items into three categories – A, B and C, based on their value to the business. A items are the most important in terms of the value they bring a company, while C items are the least valuable. ABC inventory analysis is important as it helps managers focus their time on their most valuable/important products and adapt their inventory control policies accordingly.

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Is It Time to Rethink Globalized Supply Chains?

All Things Supply Chain

If you hear “global supply chain”, Chinese manufacturing likely flashes through your mind. And for good reason; in 2018, more than a quarter of all global manufacturing happened in China.

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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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Three Reasons Public Sector Must Transform Grants Management NOW

ivalua

Reason No. 1 – Grants are Mission Critical. The U.S. Office of Management and Budget (OMB) estimates federal grants to states and local governments in FY2019 totaled nearly three quarters of a trillion dollars. To put that in perspective, the US GDP that year was just over $21 trillion and federal spend was $4.4 trillion, making grants roughly 17% of the total federal budget. .

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The Key Differences between Direct and Indirect Procurement

ProcurePort

Why is there a distinction made between direct and indirect procurement? Both direct and indirect goods and services procurement are vital business functions that consolidate enterprise purchasing. So why treat one function as more important than the other? Well, as the world of procurement evolved, two decidedly separate disciplines emerged into what we now know […].

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Watch: How Supply-Chain Leaders Are Investing in Resilience

Supply Chain Brain

Geraint John, vice president analyst with Gartner’s Supply Chain Practice, reveals the results of a survey in which companies described their current efforts at achieving supply-chain resiliency and agility.

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5 Ways to Reduce Fleet Management Costs!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Insights for Managing Your Fleet Strategy! Fleet management costs article and permission to publish here provided by Bryan Christiansen. In principle, it sounds simple. If an organization finds a way to reduce operational costs, it can lead to savings that apply directly to the bottom line.

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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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Organizations View Procurement as Increasingly Strategic

Jaggaer

The post Organizations View Procurement as Increasingly Strategic appeared first on JAGGAER.

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How Automation Can Benefit Supply Chains

All Things Supply Chain

Ever wondered how supply chains are holding up these days? Nowadays, you’ll hear about automation taking many industries by storm – the same is true for supply chain management.

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8 Steps to Building Supply Chain Resilience for Manufacturers in a Post-Covid World

ivalua

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supply chain management activities that can help Procurement teams build and maintain supply chain resilience now and in the years to come.

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Invoice Payment Process and Approval in Procurement Cycle

ProcurePort

“Just the tip of the iceberg” – it’s a common phrase used when there’s a lot more to something than first meets the eye. This is certainly the case when it comes to procurement. Procurement, while often reduced to the actions of buying and selling, awarding contracts, and sourcing goods or services for a company […]. The post Invoice Payment Process and Approval in Procurement Cycle appeared first on ProcurePort Blog.

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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.

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Tracing the Supply-Chain Journey of Green Products With Blockchain

Supply Chain Brain

Covalent, a new fashion brand using carbon-negative materials in its line of accessories, turns to IBM to create a blockchain that tracks and verifies the positive environmental impact of its products.

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7 Ways to Help Raise Capital!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Crowdfunding Fulfillment Solutions: Things You Should Know About. Get Our EBook here. Raise capital article and permission to publish here provided by Lewis Thomas. It’s unfortunate how many businesses fail in their very first year. No matter how good they may, they fail because they could not secure funding and raise capital for their business.

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How Sourcing Optimizer Simplifies the Complex

Jaggaer

The post How Sourcing Optimizer Simplifies the Complex appeared first on JAGGAER.

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The Ways of Implementing Customer Portals Into 3PL Operators’ Market

All Things Supply Chain

Logistics management software helps increase the efficiency and tracking for warehouses. Having shipments arrive on time is important for any company.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions. While some embrace cutting-edge tools like AI and blockchain for global trade functions, others lag in technology adoption.