June, 2020

article thumbnail

Achieving Healthcare Transformation, Powered by Supply Chain

ivalua

The healthcare provider world is facing tremendous strain as a result of the pandemic. I have some real context of this, living in NYC and having a family member that works at a hospital. While it is a difficult time, you have to also applaud the heroic efforts of this industry as a whole. On the flip side, the pandemic has highlighted the long standing need for digital transformation within healthcare.

article thumbnail

Autonomous vehicles in logistics part 1: Opportunities and risks

All Things Supply Chain

Higher reliability, improved performance, and reduced costs: the expected benefits of automation have made it one of the most important industrial trends.

Risk 219
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is a Source to Pay Process? Your Procurement Guide

ProcurePort

A source to pay process, or S2P, is a more comprehensive and robust version of a procure-to-pay process. While procure-to-pay processes usually begin with identifying internal needs and submitting departmental requisitions, the source to pay process takes this a step further and adds a higher-level element into the procurement operation. Rather than beginning with departmental […].

Sourcing 179
article thumbnail

Bringing It All Back Home – OTR TMS Supports Reversion to Regional Manufacturing

Supply Chain Collaborator

Will the trend toward a return to “regional manufacturing” boost volumes in over the road transportation in North America as manufacturers move away from Asian overseas operations? American manufacturers are adapting to significant modulation in the nature of their supply chains as market forces and current global events promote operating “closer to home”.

article thumbnail

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.

article thumbnail

Another Attempt to Produce Rare-Earth Minerals in the U.S.

Supply Chain Brain

American companies across the board are striving to reduce their dependence on China as a source of manufacturing, but one industry sector is especially keen to bring production back to the U.S.

Sourcing 143
article thumbnail

Where Should Supply Chain Time Be Spent After the Pandemic?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! The Coronavirus pandemic has disrupted every aspect of our lives and the global economy. From shortages of toilet paper to personal protective equipment (PPE) to lockdowns of businesses and channels of every form, Supply Chain has been at the epicentre of this disruption and it has consumed all Supply Chain time.

More Trending

article thumbnail

How Technology Can Make Supply Chains Resilient in a Post-Pandemic World

All Things Supply Chain

The need for real-time tracking, accurate and timely delivery systems makes supply chain management ripe for technological innovation.

article thumbnail

Sourcing vs Procurement: Covering the Pros and Cons

ProcurePort

When it comes to securing inventory there are two main approaches that companies can take. The first is known as sourcing – which is mainly applied to direct goods inventory. The second is procurement, which is more aligned with indirect inventory supplies. Simply put, sourcing is a strategy that is meant for companies who stock […]. The post Sourcing vs Procurement: Covering the Pros and Cons appeared first on ProcurePort Blog.

Sourcing 130
article thumbnail

There’s Something Happening Here (With Truck Drivers, Logistics Planning)

Supply Chain Collaborator

There are striking similarities between today’s civil unrest and the late 1960s when Buffalo Springfield wrote the iconic song, “ For What It’s Worth ” referenced in the title of this post. For good or for ill, truck drivers seem to always play an integral role during these challenging times, serving as a flash point for the consciousness of America.

article thumbnail

How AI and Blockchain Can Minimize Supplier Complexity

Supply Chain Brain

Companies are drawing on data intelligence to simplify supplier onboarding, enable deeper collaboration and create new value for customers.

Suppliers 134
article thumbnail

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?

article thumbnail

The Heart of Negotiation: A Conversation with Molly Fletcher

Jaggaer

Procurement experts know that making deals is a key part of the job. From agreeing on bulk pricing with a supplier to working out budget numbers with internal stakeholders, procurement teams are locked in a constant give and take. But negotiation doesn’t have to be a battle and learning the steps to success is simpler than you may think. JAGGAER was lucky enough to hear from entrepreneur, speaker, and ace negotiator Molly Fletcher at the REV2019 Global Procurement Forum.

article thumbnail

Be Prepared: Improving Supplier Risk Management In Your Business

ivalua

The Covid-19 pandemic has exposed the fact that many supply chains remain inadequately prepared for a crisis. It’s no excuse to remain passive, though. Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. A reliable supply chain can decrease purchasing and production costs for manufacturers and sellers.

article thumbnail

Supply Chain Resilience – Four measures get supply chains into shape

All Things Supply Chain

The coronavirus pandemic has damaged many supply chains and, in some cases, even caused them to collapse altogether.

article thumbnail

Contract Manager Responsibilities to the Procurement Team

ProcurePort

Each team member of the procurement department is going to have a specific role in the procurement process. Staffing the procurement team with informed individuals who are capable, knowledgeable, and take ownership of their roles within the department is important in building an effective, and efficient procurement team. Each individual involved in procurement should have […].

article thumbnail

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

article thumbnail

Coronavirus Series – Inventory Management Challenges & Solutions

EazyStock

The Coronavirus pandemic has highlighted many weaknesses in supply chains across the globe. Common challenges include unpredictable customer behavior, unreliable inventory supplies, rising logistical costs and internal capacity constraints. It’s already apparent that those supply chain management (SCM) teams that can adapt their operations and respond quickly to these issues will be one step ahead of their competition.

article thumbnail

Three Ways to Adapt Supply Chains in the Age of COVID-19

Supply Chain Brain

The best way to deal with volatile conditions is to know what’s happening in real time at the most vulnerable touchpoints of your supply chain.

article thumbnail

What is 5G? And What Does it Mean for Supply Chain?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is the Digital Supply Chain? There was a time not that long ago when there were no cell phones or smart phones. Now they are literally billions of smartphones and cell phones. This doesn’t even include the number of desktops, laptops, tablets, and all other internet enabled electronic devices.

article thumbnail

Ivalua: Caring For Our Employees During This Unsettling Time

ivalua

Happy Friday! The last couple of months have been tough for everyone and have been filled with lots of worries for many of us. It has, however, also given us the time to reflect on many things. One thing in particular our team has been reflecting on is how great Ivalua has been in making sure we all as employees have been looked after and supported during these unprecedented times.

article thumbnail

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.

article thumbnail

Our current supply chain concept is failing: why change has got to come in 2020

All Things Supply Chain

So called “Supply chain fails” happen regularly.

article thumbnail

Using Tail Spend Management to Your Procurement Advantage

ProcurePort

Did you know that 80% of the transactions in a typical American procurement department are tail spend? Father of Modern Management, Peter Drucker once said, “You can’t manage what you don’t measure.” Tail spend as we know is spend that is not actively managed and may lead to all sorts of financial difficulties for procurement […]. The post Using Tail Spend Management to Your Procurement Advantage appeared first on ProcurePort Blog.

article thumbnail

Adapting Pharmaceutical Companies’ Distribution and Supply Networks

Jaggaer

Pharmaceutical companies have complex supply chains that are often not optimized to their full potential. Pharmaceutical materials must be closely monitored as they go through the pipeline, bringing a unique set of challenges. From source materials to distribution, the supply network must be carefully streamlined to produce the best results possible.

article thumbnail

What Supply Chains Can Learn From Military Planners in Times of Crisis

Supply Chain Brain

This three-step process used by U.S. armed forces can identify, analyze and mitigate threats to an organization.

article thumbnail

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,

article thumbnail

Time to Rethink Sourcing Rare Earth Elements

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Strategic National Stockpiles and Sourcing for the National Interest! Rare Earth Elements article, and permission to publish here, provided by Joe Carson and Shubho Chatterjee. It’s amazing how quickly $4 trillion dollars can change a conversation. With the onset of the COVID19 pandemic, and the resulting supply chain fallout , many have speculated on how the U.S. found itself so reliant on a foreign country, mainly China, bu

article thumbnail

How We Have Virtually On-Boarded New Employees During the Lockdown

ivalua

Business changed overnight when lockdowns were announced to curb the spread of Covid-19. As of 12th March, our entire workforce was advised to work from home and shortly thereafter this became mandatory. As a talent acquisition team we are fortunate enough to work at a financially sound and growing company that is still hiring for new roles. However, nearly all aspects from interviewing all the way through to hiring and onboarding have changed in some way.

Supply 130
article thumbnail

Autonomous vehicles in logistics part 2: Current developments

All Things Supply Chain

Flying cars have not been invented yet, which, if it were for “Back to the Future”, they would have appeared in 2015.

Logistics 167
article thumbnail

Purchase Requisition Policies and Procedures Explained

ProcurePort

There are many elements to be aware of as a procurement team. Understanding each and every step in the process is integral to building a successful, comprehensive, and efficient procurement process. There are many industry specific and market-unique variables involved in procurement that can alter how an individual company employs procedures. However, grasping the high-level […].

article thumbnail

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

article thumbnail

Procurement's Skills Needed for the Digital Age – Martin Smith from Talent Drive

The Procuretech Podcast

Although it may not seem that way as we emerge from Covid-19, the war for talent is just about to get real. The thing is, it's the war for the right talent. If you're in a fairly generic, operational procurement role then I HIGHLY recommend you listen to this episode and take ACTION before you find yourself in a role that's becoming obsolete, thanks to the unstoppable march of technology and automation.

article thumbnail

U.S. Exporters Complain of Being 'Blanked' by Ocean Carriers

Supply Chain Brain

As if the global economic downturn weren’t bad enough, U.S. exporters are confronted by a raft of vessel cancellations that hinder their ability to fulfill what overseas sales they’re still able to make.

Export 107
article thumbnail

Sustainable Packaging is Here to Stay!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Supply Chain Carbon Footprint Reduction Strategy. Sustainable Packaging article and permission to publish here provided by Erich Lawson. Do you know what all big brands have in common? Eco-friendly packaging! Well-known brands all over the globe have made slight modifications to their packaging to cater to conscious and educated consumer needs.

article thumbnail

Collaborate to Win

ivalua

The need for Procurement to improve collaboration with suppliers, and other stakeholders, has gained broad acceptance in recent years. In case anyone was sleeping, the Covid-19 crisis has provided further evidence. As supply chains were disrupted, those organizations that had the closest relationships with suppliers were most likely to gain preferred access to keep goods flowing, and effectively forecast.

article thumbnail

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.