Sat.Jan 08, 2022 - Fri.Jan 14, 2022

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Purchase Requisition vs Purchase Order: What’s the Difference?

ProcurePort

The world of procurement is so vast and can be quite complex. Common terms such as ‘requisitions’ and ‘purchase orders’ can be easily mixed up. If you’ve ever wondered: What do these terms actually mean? Are requisitions and purchase orders the same thing? How do their roles differ in a procurement life cycle? Keep reading. […]. The post Purchase Requisition vs Purchase Order: What’s the Difference?

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Supply Chain Weekly Wrap-Up 07/01/2022-13/01/2022

All Things Supply Chain

German trade body warns Omicron could damage supply chains Germany’s BGA trade association has warned that huge supply chain disruptions could occur due to the spread of the Omicron variant…

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Empowering ESG Objectives and Programs through Source-to-Pay

ivalua

The post Empowering ESG Objectives and Programs through Source-to-Pay appeared first on Ivalua.

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Global Supply Chains Brace for Impact as Omicron Reaches China

Supply Chain Brain

An omicron outbreak in China is sending jitters through supply chains as manufacturers and shippers brace for disruption inside the world’s-biggest trading nation if it can’t contain the fast-spreading variant.

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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.

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Procure-to-Pay for Indirect Spend

ProcurePort

Do companies follow the same procure-to-pay procurement steps used in direct spending when making in-house related purchases? The answer is yes. They follow similar procure-to-pay procurement life cycle steps as when buying raw materials for fabrication of goods for sale. But what exactly does procure-to-pay mean and indirect spend as well? Let’s find out.

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How product packaging affects the supply chain

All Things Supply Chain

The global supply chain operations depend on the synchrony of key players to make sure demands are met as efficiently as possible.

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The Definitive Guide to Warehouse Management

Supply Chain Brain

Distributors and third-party logistics providers are faced with competitive pressures due to higher customer expectations, higher costs and lack of available people, transportation and space resources. But how do supply chain leaders eliminate these challenges?

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Procurement Management Process – The 2022 Guide

ProcurePort

If you struggled with your procurement management process before, your fight ends here. In this post, we outline 5 key steps that will help you to establish a good framework for properly managing your procurement activities in 2022. In addition, you’ll also find out why you need to ditch legacy management procurement practices for automated […].

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The AI Impact On Recruiting Procedures!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Impact of Artificial Intelligence (AI) Over the Next Half Decade! AI impact on recruiting article and permission to publish here provided by Harry Miller. Artificial intelligence has really helped various businesses streamline their processes. It takes out the human bias from procedures and makes them more efficient.

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Best of 2021: Procurement 2021: Technology Adoption

CPO Rising

Editor’s Note: Over the next few weeks on CPO Rising, we’re publishing some “best of” 2021 articles as we reflect on the year and prepare for the new year ahead. Ardent recently completed its sixteenth annual CPO-themed market research study, “The State of Procurement & the CPO”, which is part of an ongoing dialogue that my team […].

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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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Berkshire Grey Helps E-Commerce Retailers Solve the $120 Billion Returns Problem

Supply Chain Brain

Berkshire Grey Inc., a provider of AI-enabled robotic solutions that automate supply chain processes, introduced its Reverse Logistics solution to help retailers accelerate the resale of returned goods and improve labor utilization in the returns process.

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The Top Contract Management trends of 2022

World of Procurement blog

Over Christmas, I started thinking about the top Contract Management trends for 2022. Essentially, I believe that we will build on the trends that emerged in 2021 as we navigated our way through a new way of living, travelling and existing. One general observation I have of us Contract Managers is that there is a fantastic opportunity to become more closely aligned with our Legal colleagues.

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Reason to Invest in PKT Cash Crypto!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is the Right Cryptocurrency Mining Software for You? PKT cash crypto article and permission to publish here provided by Olivia Alex. As technology improves, many individuals and industries need to keep up with digitalization. In other words, they need a faster and more reliable Internet connection.

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SCRUM for supply chain management.

Future Purchasing

2021 saw a massive amount of challenge for procurement teams; supply chain management challenges, political changes, trade barriers, COVID related staff shortages in all areas, blocked ports and working from home have thrown it all up into the air. A rapid acceleration of COVID suggests that we might be seeing a repeat of the supply chain management challenges ramping up into the early part of 2022, alongside more staff shortage and more working from home – a return to ‘normal’

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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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Can Consumer Brands and Retailers ‘Out-Amazon’ Amazon.com?

Supply Chain Brain

Is it possible for both established retail brands and e-commerce newcomers to beat Amazon.com at its own game?

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Breaking the Truce: The Critical Conflict of Procurement Process

The Good Spending

The confrontation between procurement and stakeholders One of this blog's readers recently wondered why procurement constantly conflicts with stakeholders and fails to understand them. Possibly, many of my colleagues asked themselves a similar question. As we're trying to cope with the evolutionary changes in the business and facelift (if not upgrade) legacy practices accordingly, we still fear stepping out from our comfortable jurisdiction.

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SGN Selects JAGGAER to Manage Sourcing and Contract Management

Jaggaer

The post SGN Selects JAGGAER to Manage Sourcing and Contract Management appeared first on JAGGAER.

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Best of 2021: Procurement and the CPO as Trusted Advisor

CPO Rising

Editor’s Note: Over the next few weeks on CPO Rising, we’re publishing some “best of” 2021 articles as we reflect on the year and prepare for the new year ahead. The business world is forcing its executives, like the Chief Procurement Officer (“CPO”), to adapt to changing market conditions, customer demands, and technology innovations in […].

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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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Smart Fleets, Driver Rights: What’s Coming for Trucking in 2022

Supply Chain Brain

Creative problem-solving, with help from modern technology, will help stabilize U.S. trucking and move the industry forward.

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Orderhive and Cin7 – One Year Into a Great Partnership

Orderhive

Since the merger of Orderhive and Cin7, the combined number of customers has grown to more than 7,000 in 65 countries. The post Orderhive and Cin7 – One Year Into a Great Partnership appeared first on Cin7 Orderhive.

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Creating a better procurement function — one user, at a time

Zycus Cognitive Procurement

“Grudin’s law: When those who benefit are not those who do the work, then the technology is likely to fail or, at least, be subverted.”. ? Don Norman. In a revealing statistic in Hackett’s latest P2P benchmark report, the gaps in the ‘usability’ of procurement software become evident. As per Hackett, even for Top Performers: only 20% of stakeholders would describe their user experience as consumer-like.

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Best of 2021: eSourcing and Advanced Sourcing Technologies in 2021

CPO Rising

Editor’s Note: Over the next few weeks on CPO Rising, we’re publishing some “best of” 2021 articles as we reflect on the year and prepare for the new year ahead. One of the striking data points in our 2021 State of Procurement and the CPO report is that the Best-in-Class adopt individual supply management applications […].

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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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Watch: Higher Wages Aren’t Enough to Solve Labor Shortage

Supply Chain Brain

Pushing more money on people won't solve the labor shortage in the supply chain, says Amy David, clinical associate at Purdue University. Greater benefits and childcare are among the things needed to attract and retain workers.

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BT Sourced: procurement rethought

Spotlight on Procurement

In this episode our guest, Cyril Pourrat , Chief Procurement Officer at BT discusses the creation of BT Sourced. BT Sourced is the innovative procurement arm of BT and was established to challenge the traditional ways of buying goods and services, with the introduction of new technology.

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Placing ESG Top of the Procurement Agenda

Jaggaer

The post Placing ESG Top of the Procurement Agenda appeared first on JAGGAER.

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Best of 2021: The 2021 Procurement Benchmarks

CPO Rising

Editor’s Note: Over the next few weeks on CPO Rising, we’re publishing some “best of” 2021 articles as we reflect on the year and prepare for the new year ahead. The 2021 Procurement Benchmarks represent the performance and operational results of the average procurement department in the market today. The percentage of spend under management […].

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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.

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Podcast | Can Manufacturers Prevent Another Microchip Shortage?

Supply Chain Brain

The global shortage of microchips has had a devastating impact on multiple industries, not least automotive manufacturers, who are expected to have lost some $210 billion in 2021 because they couldn’t get enough chips to drive the systems in their vehicles. But how did we get to this state of affairs?

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4 Route Planning Trends and Innovations!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The History and State of Vehicle Routing! Route planning trends article and permission to publish here provided by Cristina Par. Online shopping has been around for a while now. However, the largest shift in consumer inclination towards online shopping came with the onset of the COVID-19 pandemic.

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Strategic Development of Supply Partners

NLPA (Next Level Purchasing Association)

When set up right, a supplier development program will lead to producing a trusted business partner. Procurement Teams are responsible for an increasing number of suppliers. Consequently, this increases the probability of doing business with suppliers that fail to perform to their potential. However, this does not mean that perfect supplier performance is an unrealistic goal.

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Spend Analytics: Expanding a Mature Solution – Sammeli Sammalkorpi from Sievo

The Procuretech Podcast

I’m joined today on the Procuretech Podcast by Sammeli Sammalkorpi, CEO of Sievo, one of the stalwarts of the spend analytics space. The well-known Finnish company were actually founded almost 19 years ago! . During this time, what started out as a simple spend analysis tool has grown to be a comprehensive best-of-breed solution for spend analytics.

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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