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

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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.

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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.

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professionals

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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 206
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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.

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Adapt or Perish: Safeguarding Your Fleet in an Era of Logistics Evolution

Speaker: Jeff Dickinson - Host of “The Storytelling Chronicles: Life, Lessons & Logistics with The Bodacious Cowboy" Podcast, 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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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.

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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

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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.

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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.

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[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.

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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 135
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Strategic Cost Management Approaches to Unlock Growth and Increase Profitability

How can businesses gain a competitive edge in an era marked by relentless competition and economic fluctuations? The secret is mastering strategic cost management strategies. This GEP bulletin, "Strategic Cost Management Approaches to Unlock Growth and Increase Profitability," breaks this down into clear, actionable steps. Discover how these strategies can boost your enterprise's financial health, helping not only to keep up but to excel in today's market.

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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.

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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 203
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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.

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How Supply Chains Can Harness the Power of AI and VR

Supply Chain Brain

Artificial intelligence, along with augmented and virtual reality tools, promises to help ease the strain on supply chains.

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The Art of Consistent Perfect Order Delivery: Smart Order Fulfillment Through Orchestration

Shippers and logistics service providers are pressured to match the “Amazon effect” for fast and efficient service across multiple B2C, B2B, and D2C channels. Perfect order delivery - on-time and in-full at the lowest possible cost – is critical. However, recent surveys of supply chain stakeholders reveal that many don't have the technology necessary to achieve it.

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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.

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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.

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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

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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.

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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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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.

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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
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YPurchasing | Saving 10-15% on Food Costs with Una

Una

YPurchasing Learn how YPurchasing, a group purchasing organization serving YMCAs, is saving members 10-15% on food costs through Una’s food cost reduction program. Introduction YPurchasing is a group purchasing organization dedicated to providing savings programs to YMCAs across the United States. The organization works with suppliers and vendors to secure the best possible pricing, quality products, and services to directly impact each YMCA’s mission.

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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.

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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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After last year’s inventory tidal wave, where do retailers go from here?

Supply Chain Dive

Bare shelves are still a recent memory, but many are learning to live on leaner inventories after overstocking in 2022.

Inventory 124
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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.

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Procurement Fraud: Understanding, Mitigating, and Monitoring the Risks

Una

Procurement Fraud: Understanding, Mitigating, and Monitoring the Risks Understanding the nature of procurement fraud, why it poses a strong risk in procurement, and ways to mitigate the consequences. By Hugo Britt | May 18, 2023 Search The fraud triangle is built around three concepts: Opportunity, Motive, and Rationalization. While anyone in your organization may have a motive (such as a gambling addiction) and can rationalize their crime (“I’ll pay it back”), only a small percentage of the tea

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EV Battery-Swapping Could Help Solve the US Charging Problem

Supply Chain Brain

San Francisco startup Ample Inc. has deployed more than a dozen robotic battery-swap stations around the Bay Area and in Europe.

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Five Best Practices for Balancing Costs, Risks, and Sustainability

In the face of volatile macroeconomic conditions and other complex challenges, supply chain and procurement pros must strike a tough balance between seemingly contradictory demands: boosting performance and sustaining and extending business operations, all while meeting customers’ needs. This GEP paper provides impactful tips on how to develop a strategic procurement approach that focuses on collaboration, innovation, and sustainability.

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Supply chain orchestration graduates from theory to leading practice

Supply Chain Dive

To respond to ongoing disruptions while meeting increasingly exacting customer demands, organizations should look to cloud-based supply chain orchestration platforms, with data-driven orchestration that enables agility and resilience.

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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.

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Episode 115: Building a Legacy of Leadership with Ret. Lt. Col. Oakland McCulloch

Una

EPISODE 115 Building a Legacy of Leadership with Retired Lt. Col. Oakland McCulloch By Kelly Barner | May 17, 2023 Leadership is easy to talk about, but hard to do. Every leader impacts the people around them – whether positively or negatively – so this week’s guest suggests making a decision from the outset what kind of leader you want to be, and why you want to lead.

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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.

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CEVA Logistics Drives Agile, Multi-Leg Inbound Flows for Tech Company

CEVA Logistics, a global leader in third-party logistics, was contracted to help a technology company manage its complex supply chain, supporting B2B, B2C, and reverse flows across multi-leg transport. CEVA leveraged Kinaxis to eliminate blind spots across supply chain activities, centralize order and logistics management, and drive cost-effective plans for order execution.