ivalua

AUGUST 14, 2019

Much has been made in 2019 about the gap between the findings of procurement self-assessments and where each organization stands when they are evaluated against their peers using objective measures. Just as procurement’s impact on the organization is quantitatively captured using metrics such as savings and spend under management, the maturity and digital readiness of the function can be objectively tracked and benchmarked (check out Forresters Digital Procurement Maturity Assessment ).

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Procurement Sourcing Suppliers Management 168

All Things Supply Chain

AUGUST 25, 2019

With the management technique “Management by Exception,” managers leave the handling of routine cases to the employees in charge.

Management 127

Management Logistics Supply 127

ProcurePort

AUGUST 21, 2019

Procure-to-pay (p2p) is the name for software that handles procurement via electronic format. That includes all steps of the p2p cycle from requesting and sourcing to purchasing and paying suppliers for goods and services. The more seamless the process, the more efficient a buyer can be with resources. Whether you are in the procurement industry […].

Procurement 100

Procurement Buyers Purchasing Sourcing 100

Supply Chain Collaborator

AUGUST 14, 2019

A recent NASSTRAC report revealed five common-sense suggestions for shippers navigating today’s disruptive operating environment. Unsurprisingly, these suggestions aligned perfectly with the technology solutions already in production from top TMS software solutions. Read on for the details on NASSTRAC’s five recommendations and how top TMS delivers success for those shippers who’ve embraced it. .

supply chain software solutions 95

supply chain software solutions Real-time Visibility Dwell Time Agile and Lean Supply Chain 95

Advertiser: GEP

Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.

Supply chain

Supply Chain Brain

AUGUST 13, 2019

Artificial intelligence has the potential to radically change just about everything for the better. But there are a number of obstacles to its successful adoption in the supply chain.

Supply chain 90

Supply chain Supply 90

The Network Effect

AUGUST 29, 2019

Combine artificial intelligence with business network technology for optimal results Many companies pursuing artificial intelligence (AI) initiatives, are doing so. The post Unlocking the Value in Your Supply Chain Network appeared first on The Network Effect.

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Supply Chain Optimization Networking Supply chain Supply 78

All Things Supply Chain

AUGUST 12, 2019

In 2011, the UN Human Rights Council developed the first international corporate guidelines for respecting human rights.

Logistics 115

Logistics Supply chain Supply Management 115

ProcurePort

AUGUST 7, 2019

Sourcing has always been an opaque part of the procurement process. Finding suppliers and closing business deals is a job that depends in large part on personal connections. In the modern age of globalization though, efficiency is the number one priority. If an organization wants to remain competitive, it needs to digitize. That’s where spend […].

Spend management 100

Spend management Management Sourcing Suppliers 100

Supply Chain Collaborator

AUGUST 23, 2019

Achieve Supply Chain Digitization Goals. UltraShip’s Nucleus Supply Chain Data Hub Ensures Easy, Accurate Data Flow Through the Logistics Portion of any Enterprise Supply Chain Tech Stack. The post What is the Nucleus Supply Chain Data Hub in UltraShipTMS appeared first on UltraShipTMS.

Data 74

Data Supply chain Supply Logistics 74

Supply Chain Brain

AUGUST 7, 2019

Global logistics companies are creating a new normal in how they manage data, run operations and serve customers.

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Logistics Supply chain management Supply chain management Management 99

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.

Sustainability

Supply Chain Game Changer

AUGUST 29, 2019

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Do You Want Inventory Turnover Breakthrough? Define and Manage The Levers! Article written for Supply Chain Game Changer by, and permission to publish here provided by, Christina Morrison at [link]. Imagine an asset that, instead of contributing to a business’s success, costs it money without producing return, makes it harder to get an accurate picture of performance and otherwise hinders its success.

Inventory control 65

Inventory control Inventory supply chain software solutions supply chain budgeting 65

ivalua

AUGUST 29, 2019

Alex Saric, CMO, Ivalua. In today’s turbulent business landscape, the challenges facing organisations have become increasingly complex, with uncertainty from geopolitical events such as Brexit and tariff negotiations impacting day-to-day operations. Leading the charge in navigating this constantly shifting trading environment is the Procurement department.

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Procurement Procurement team Supply Chain Efficiency Business strategy 154

All Things Supply Chain

AUGUST 4, 2019

The minute we’ve all finally settled into the slower pace of the summer months, the signs go up: Back to School!

Supply chain 105

Supply chain Supply Supply chain management Supply chain management 105

Procurement Zen

AUGUST 3, 2019

A decent commodity strategy is key to any strategic buyers success. This episode of the podcast focuses on the internal questions one might ask. So what is a commodity strategy? Here's what KB Manage has to say about it. commodity strategies (sometimes referred to as 'commodity sourcing strategies') are purchasing strategy plans that refer to commodity goods.

Strategy 52

Strategy Influencing Demand Suppliers 52

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

Logistics

Supply Chain Collaborator

AUGUST 2, 2019

When broader market rates for truckload freight change significantly, shippers can find themselves paying prices for shipments well outside of what current market rates should dictate. This is particularly true when market rates fall after a period of sustained high pricing. It would seem, shippers are currently experiencing this situation today as the markets telegraph lower freight rates.

Strategy 69

Strategy Real-time Visibility Contract Bidding 69

Supply Chain Brain

AUGUST 2, 2019

Business intelligence is a mandatory tool for companies that wish to survive in the current economy.

Strategy 86

Strategy 86

Supply Chain Game Changer

AUGUST 22, 2019

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 3 Most Common Freight Forwarding Scams (and How to Avoid Them)! Article, and permission to publish here, provided by Aaron Anderson at JW Surety Bonds. The transportation industry has seen a rapid influx of interest and growth over the last several years, and this includes the professionals who work as intermediaries between shippers and carriers.

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supply chain budgeting Logistics Networking Budget 63

ivalua

AUGUST 28, 2019

Alex Saric, CMO, Ivalua. In an earlier post , I wrote about the importance and overall success factors involved in digitally transforming Procurement. Virtually every Procurement organization has started or is planning to start this journey, given its importance to meeting Procurement’s ever growing list of objectives. . Yet far too many struggle. 82% of respondents to a recent Forrester survey on Executing a Successful Procurement Transformation had switched their technology or plan to switch d

Procurement 154

Procurement Budget Leadership Suppliers 154

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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.

Supply Chain Efficiency

All Things Supply Chain

AUGUST 18, 2019

Plastics are woven into the fabric of our lives. We use them everywhere from our kitchens to hospitals.

Supply 100

Supply Supply chain management Supply chain management Supply chain 100

The Network Effect

AUGUST 23, 2019

Save millions on your SAP S/4HANA® migration while creating greater business value with business network technology As SAP pushes its. The post Why Re-Implement Your ERP When You Can Surpass It for Less? appeared first on The Network Effect.

Networking 48

Networking Supply chain management Supply chain management Leadership 48

EazyStock

AUGUST 23, 2019

You know the challenge. You’re pulling together an order of item ‘A’ to a supplier and you realize that you are below the minimum requirement for order value, volume or weight for your supplier to fulfill that order. So what do you do? Maybe just throw a few extra of item ‘A’ in, order some of item ‘B’ to bump you up towards the minimum requirement and top off the rest of the order with item ‘C’ because the cost per unit is enough to push you to the minimum requirement (even though there is no f

Demand 45

Demand Supply Chain Optimization Supply chain management Supply chain management 45

Supply Chain Brain

AUGUST 16, 2019

With advances in technology driven by artificial intelligence and the creation of data lakes, organizations are coming to recognize their value to industrial production.

Data 64

Data 64

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,

Supply Chain Optimization

Supply Chain Game Changer

AUGUST 15, 2019

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Strategic Supplier Relationship Management – Do’s and Don’ts. Article written for Supply Chain Game Changer by, and permission to publish here provided by, Tyler Brown. Does your business rely on at least one supplier? Or do you need multiple suppliers in order to perform your daily operations?

Suppliers 58

Suppliers supply chain software solutions Supply Chain Efficiency Supplier relationship management 58

ivalua

AUGUST 2, 2019

With Gartner’s recent release of their 2019 Magic Quadrant for P2P Suites , it seems a good time to reflect on what truly drives success. As our expectations as consumers continue to grow, it is only natural that we bring those to the workplace. After all, why can’t business purchasing be as simple and, daresay, enjoyable as consumer shopping? The Times They are a Changin.

Suppliers 138

Suppliers Price Procurement Import 138

Slimstock

AUGUST 27, 2019

Retailers face a real conundrum. On one hand, everything from the costs of raw materials to commercial retail space is always getting more expensive. And on the other, customers can quickly check dozens of options for any purchase so retailers must ensure that their traditional brick and mortar stores add value to the overall shopping experience. For anyone looking to minimize operating costs while maintaining margins, inventory allocation is one area that simply cannot be overlooked!

Inventory 40

Inventory Supply Chain Optimization Real-time Visibility supply chain software solutions 40

The Network Effect

AUGUST 6, 2019

How artificial intelligence is driving better customer service and supply chain efficiencies in the restaurant supply chain Artificial Intelligence (AI). The post How AI is Generating Value for US Restaurants appeared first on The Network Effect.

Supply Chain Efficiency 43

Supply Chain Efficiency Supply chain Networking Supply 43

Advertiser: ZoomInfo

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

Buyers

Claritum

AUGUST 23, 2019

Claritum Article - Procurement Blog. Contents. 1. Introduction. 2. Why is diversity of supply important. 3. Achieving results with supplier diversity. 4. Strategic approach to supply diversity. 5. Tracking success. 6. Indirect spend and supply diversity. 7. Conclusion. 8. Resources. 9. Appendix. 1 Introduction. In the US alone Minority Owned Businesses (MBE) generate $1.4 trillion of annual gross receipts There are over 8 million minority owned businesses in the US and 7.2 million people are emp

Supply 36

Supply Agile and Lean Supply Chain Suppliers Contract 36

Supply Chain Brain

AUGUST 29, 2019

Why is reverse logistics overlooked as a means of increasing customer satisfaction and ROI?

Logistics 80

Logistics 80

Supply Chain Game Changer

AUGUST 8, 2019

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Disruptive Warehouse Technologies for Any Company! Article written for Supply Chain Game Changer by Prakash Pol , Principal Consultant at Infosys India. The Warehouse is a central part of Supply Chain Management in any organization. The majority of companies where physical warehouse operation forms a bigger component of the total labor costare primarily concerned about achieving the dual goals of warehousing cost optimization

Warehouse operations 54

Warehouse operations supply chain software solutions Agile and Lean Supply Chain Supply Chain Optimization 54

ivalua

AUGUST 28, 2019

National survey of state procurement officials finds states are moving toward a more modern approach to buying. WASHINGTON, Aug. 27, 2019 (GLOBE NEWSWIRE) — States are becoming more data-driven and value-focused in their purchasing. Those are just two of several findings in the Governing Institute’s newly released 2019 procurement survey, 5 Trends That Are Reshaping How Governments Buy , which highlights some of the biggest emerging trends, issues and innovative best practices in state co

Procurement 124

Procurement Contract Contract management Purchasing 124

Advertiser: GEP

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

Procurement