Sat.May 13, 2023 - Fri.May 19, 2023

article thumbnail

Fourth Party Logistics — Everything You Should Know

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Fourth Party Logistics — Everything You Should Know Fourth-party logistics (4PL) help businesses to optimize their entire chain. Although it is gaining popularity, people still have little to no idea what 4PL is. In this article, we will discuss what 4PL means.

Logistics 216
article thumbnail

How to Automate Your Quote Request Process Using RFQ Software

ProcurePort

How to Automate Quoting Process: Benefits of RFQ Software: IntroductionIn today’s fast-paced business environment, efficiency and speed are crucial for staying competitive. One area where companies often struggle to streamline operations is the quote request process. Manual handling of requests, communication with suppliers, and tracking responses can be time-consuming and prone to errors.

Suppliers 130
professionals

Sign Up for our Newsletter

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

article thumbnail

Can AI Help Warehouses Reduce the Impact of Labor Shortages?

All Things Supply Chain

The ongoing warehouse labor shortage is one of the biggest challenges facing the logistics industry today.

Logistics 184
article thumbnail

5-a-side tournament success

Procurement Heads

This year’s tournament, the fourth time the event has been held, was won by procurement consultancy State of Flux, who narrowly edged out the hosts in the final. James Dobbin, Director and Head of Practice for Financial & Professional Services, said, “It was great to see so many teams from across the sector join us and raise money for an incredible cause.

article thumbnail

Rethinking Supply Chains for Greater Efficiency, Resiliency, and Sustainability

Supply Chains have 3 key priorities: building resiliency, reducing costs and driving ESG performance. Read the new GEP-sponsored report by Harvard Business Review Analytic Services for strategies and digital solutions to achieve these goals.

article thumbnail

Invoice Approvals — The Ultimate Guide

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Invoice Approvals — The Ultimate Guide Invoice approvals allow you to only pay for what you purchased, which helps you to avoid overpayment. However, what is it? In this article, we will discuss what invoice approvals are.

article thumbnail

2023 Ivalua NOW Nashville: Recap + Photos!

ivalua

Ivalua Spend Management Insights [ivory-search] 2023 Ivalua NOW Nashville: Recap + Photos! May 18, 2023 | | Ivalua NOW by Eloise Barnum They say city lights got nothin’ on country nights—and well–they ain’t wrong! We can’t recreate Ivalua NOW 2023 Nashville–but we’ll always have the memories! From the sessions and keynotes to the electrifying nighttime events–we want to extend a heartfelt thanks to all our customers, sponsors, partners, attendees, and team for making Ivalua NOW “Breaking N

More Trending

article thumbnail

The Big Interview with Veronika Strausova

Procurement Heads

How did you get into procurement? At university, I followed a few classes on procurement and supply chain, loved it and decided that was the career path I wanted to take. What I really liked about procurement back then, and still love about procurement today, is the mixture of analytics and data-driven skills that you need, coupled with interpersonal skills, commercial acumen and negotiation.

article thumbnail

Argentina Import and Export Statistics

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Argentina Import and Export Statistics Argentina’s imports and exports hang in the balance as the country faces the after-effects of severe drought. The Buenos Aires Grains Exchange reported a 23% lower dollar exchange due to a decrease in wheat, corn, and soybean production.

Export 208
article thumbnail

[Pod] JPMorgan Chase Stops the Financial Contagion

Art of Procurement

In 1907, J.P. Morgan was called back from a trip to help stop a series of bank runs on Wall. The post [Pod] JPMorgan Chase Stops the Financial Contagion appeared first on Art of Procurement.

article thumbnail

Make SAP ERP deployments future-ready with IBM Cloud

IBM Supply Chain Blog

As we navigate an unstable economy, organizations across industries want to be “future-ready,” and that requires systems and processes that can continuously evolve in response to the marketplace demands. For customers who run their operations on SAP, this means modernizing to a cloud ERP platform that supports greater flexibility and agility.

article thumbnail

Geopolitical & Regulatory Issues: The Path Forward in Supply Chain & Logistics

Speaker: Lisa Anderson, MBA, CSCP, CLTD - President of LMA Consulting Group, S&OP Expert, and Speaker

The world of supply chain and logistics has been plagued with volatility, disruptions, and increased regulations. Several issues are converging simultaneously, creating a precarious path forward. In this webinar, we will talk about the current status of the supply chain and what the successful and unsuccessful paths forward will look like. Join demand planning and SIOP expert Lisa Anderson for a riveting discussion evaluating the geopolitical landscape and looking at the bigger picture to create

article thumbnail

Logistics providers expand operations in Mexico, leveraging nearshoring as a strategy

Supply Chain Dive

Redwood Logistics and BlueGrace Logistics have announced plans to expand service offerings in Mexico due to higher demand from shippers.

Logistics 125
article thumbnail

Sri Lanka Import and Export Statistics

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sri Lanka Import and Export Statistics Sri Lanka’s import and export activities decline steeply after its worst economic crisis in decades. This left the country with unsustainable debt and a severe balance of payments which will further stunt its economic growth in years.

Export 186
article thumbnail

Breaking Through DEI Misconceptions to Find a Better Path Forward

Supply Chain Brain

The very heart of diversity involves how things differ, and we all know that people differ in many ways. All of us fit in, or don’t, some place, and this is why each of us has a DEI story.

105
105
article thumbnail

SCMDOJO’s Supply Chain and Operations Expert Marketplace

SCMDOJO

The following is a business case highlighting the background, context and value proposition of SCMDOJO’s Expert Marketplace, a platform designed to connect businesses with specialized Supply Chain Expert Services. Table of Contents Executive Summary Introduction Objectives The Rapid Growth of Marketplaces SCaaS as a Concept Combining Marketplaces and Supply Chain as a Service: SCMDOJO’s Unique Value Proposition Features and Benefits for Clients Features and Benefits for Experts How I

article thumbnail

Future Focus: Constructing Unshakeable Stability in Your Manufacturing Supply Chain

Speaker: Jay Black, Senior Account Executive

We’ve all heard the buzzwords to describe new supply chain trends: resiliency, sustainability, AI, machine learning. But what do these really mean today? Over the past few years, manufacturing has had to adapt to and overcome a wide variety of supply chain trends and disruptions to stay as stable as possible. Stability has become key in this post-COVID world, and will remain key moving forward.

article thumbnail

Why Siemens, Eli Lilly opted to use DHL’s new cold chain service

Supply Chain Dive

The temperature-controlled air cargo solution provides flights from Indianapolis to Liège, Belgium, and uses an innovative handling process to allow for more sustainable packaging.

article thumbnail

Chile Import and Export Statistics

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Chile Import and Export Statistics Chile’s import and export activities open a positive trade balance in the first quarter of 2023. Will the country continue this trend? The World Bank ranks Chile as a high-income market economy.

Export 145
article thumbnail

Smaller Truckers Are Struggling to Meet Mandates for Going Electric

Supply Chain Brain

Commercial trucking won’t be spared the transition to electric vehicles, but its progress toward adoption tough, especially when it comes to small and medium-sized truckers.

105
105
article thumbnail

IBM named a Leader in the latest Forrester Wave™ report for AI Decisioning

IBM Supply Chain Blog

Forrester Research just released “ The Forrester Wave™: AI Decisioning Platforms, Q2 2023: The 13 Providers That Matter Most And How They Stack Up ” by Mike Gualtieri with Aaron Katz, Catherine Marcin, and Jen Barton, and IBM is proud to be recognized as a Leader. This report outlines the combination of traditional decision automation tools with machine learning models and other technologies.

article thumbnail

Return to Success: Streamlining Returns in the Supply Chain for Enhanced Efficiency

Speaker: Cathy Morrow Roberson, Research Manager for the Reverse Logistics Association

In today's competitive business landscape, providing a seamless return experience and maintaining an efficient supply chain are critical to customer satisfaction and loyalty. Businesses need to leverage advanced tracking systems and data analytics to identify bottlenecks and improve supply chain visibility. Efficient return management stands as a crucial strategy for optimizing the supply chain.

article thumbnail

11 Best Procure-to-Pay Software for the Mid Market

Procurement Software

Buying Procure-to-Pay software (P2P) can bring huge benefits to your business. Having a single platform for the entire procurement process is not only a simple and efficient way to work. It can liberate procurement professionals by automating much of the drudgery zone of administrative and operational procurement. Instead, Procurement can focus on the more strategic, value-added tasks that drive both top and bottom line results to the business.

article thumbnail

US Import and Export Statistics

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter US Import and Export Statistics The U.S. import and export statistics shifted drastically during and after the pandemic. That year marked the largest steep decrease in production and trade volume since WW2. Thus, causing disruption in the supply chain globally.

Export 130
article thumbnail

Watch: How to Address Changing Demand in the Food Supply Chain

Supply Chain Brain

Oliver Hedgepeth, supply chain logistics professor at American Public University System, discusses how consumer tastes and purchasing patterns have changed, and how food suppliers must respond.

article thumbnail

The history and evolution of software supply chains

SCMR (Supply Chain Management Review)

Software supply chains have a lot in common with their more traditional supply chain cousins, including just-in-time delivery mechanisms and tiered structures.

article thumbnail

Putting the ‘Tech’ in Spend Management Techniques

Speaker: Wayne Spivak, President and CFO of SBA * Consulting Ltd., Industry Writer, Public Speaker

If you’re lost in the world of spend management needs and your GAP analysis is lacking perspective on the future state of your business performance, listen up! With the advancement of technology, the implementation of spend management best practices and concrete GAP analyses is more streamlined and accessible than ever before. And while this may sound like great news for you and your clients, it won’t be worthwhile unless you have the latest techniques to back up your ambitions!

article thumbnail

Nike sued for ‘misleading’ claims about its sustainable materials

Supply Chain Dive

A Missouri plaintiff said that 90% of the products Nike advertises as using recycled materials don’t, and that some of the recycled materials are environmentally harmful.

article thumbnail

Why procurement tools are stuck in the past and what you can do about it

Spend Matters

Categories: Risk Performance and Compliance , Sponsored Article Tags: sponsored post Change is tough. No matter the industry, change means risk. When something is working well enough, changing it invites risk into the established process. Therefore, things change only when necessary. Procurement, as an important part of manufacturing, falls into this mindset.

article thumbnail

Technology and Transparency: How the Pharma Supply Chain Must Adapt

Supply Chain Brain

The pharmaceutical sector has come under ever-greater scrutiny in recent years, as more and more counterfeit products infiltrate legitimate supply chains.

article thumbnail

Global LSPs and 3PLs Embrace the Chaos and Turn Professional

The Network Effect

The post Global LSPs and 3PLs Embrace the Chaos and Turn Professional appeared first on The Network Effect.

article thumbnail

Disruption Reimagined: How to Conquer, Not Crumble, During Supply Chain Instability

Speaker: Robyn O’Brien - Founder of Sirona Ventures, Adjunct Professor at Rice University’s Business School, Supply Chain Optimization and Logistics Expert

Today’s supply chain leaders are required to stay strong in the face of disruption and not only accept it, but embrace it – after all, progress is made outside of your comfort zone. While it’s easier said than done, conquering the fear of instability in your supply chain is within your reach. Thanks to the advancement of technology and AI, we now have more tools and resources at our disposal than ever before to conquer, not crumble, in the face of uncertainty.

article thumbnail

Boeing supplier works to up 737 production after fuselage issue

Supply Chain Dive

Spirit AeroSystems is shifting work to other vendors as it tries to help its "most distressed suppliers.

Suppliers 120
article thumbnail

Poor Factory Work Conditions Being Investigated…in the US

Procurement Bulletin

Poor Factory Work Conditions Being Investigated…in the US We’re used to seeing news headlines about poor working conditions in factories in overseas countries, but this time, the investigations into poor factory conditions are for US-based factories. As George Takei would say: “Oh Myyyyyyy.” Canada and India Look to Close a Free Trade Agreement Bilateral trade between Canada and India was worth $12bn last year.

Supply 89
article thumbnail

Watch: Trends in Deploying New Palletizing Equipment

Supply Chain Brain

Shawn Semer, director of sales and marketing with Signode, lays out the key deciding factors for companies looking to automate processes or integrate new equipment into the warehouse.

98
article thumbnail

The four trends keeping supply chain executives up at night

SCMR (Supply Chain Management Review)

article thumbnail

Leveraging Data Analytics to Build a Truly Connected and Collaborative Supply Chain

The C-suite is laser-focused on supply chain performance. This GEP-sponsored report will show you how to leverage data for a collaborative supply chain that delivers results and how to future-proof supply chain management strategies.