Sat.Apr 09, 2022 - Fri.Apr 15, 2022

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The Amazing Supply Chain of McDonalds

All Things Supply Chain

*Disclaimer – This isn’t a commercial blog post.* Back in 1940, brothers Richard and Maurice McDonald, founded McDonalds in San Bernardino, California, USA.

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4 Contract Risk Management Tools To Protect Your Organization

ProcurePort

• In procurement circles, a company is likely to have multiple contracts with suppliers. Most of these contracts are tens or hundreds of pages long. • Reviewing them manually is not only time-consuming but also challenging. • Manual reviews can also be expensive when a large team is required to continually assess new contracts. Contract […]. The post 4 Contract Risk Management Tools To Protect Your Organization appeared first on ProcurePort Blog.

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5 Top Tips: How to Increase Procurement Agility in Financial Services:

ivalua

5 Top Tips: How to Increase Procurement Agility in Financial Services. Financial Service Institutions (FSIs) face an increasingly volatile business climate as lending profits dwindle and digital competition rises. As well-established institutions feel the ever-increasing weight of regulation on their operations, newer banks entering the marketplace are not experiencing the same constraints.

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Indirect & Consequential Loss

Procurement Templates

I recently had to negotiate some terms and the clause for indirect and consequential loss popped up. As a buyer I want to ensure that all loses are remedied but from a suppliers perspective they want to limit any loss that is indirect & consequential and often want to remove this. Sometimes the clause is joint sometimes parties disagree. I had to go away and think about how I wanted to play this one.

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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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Supply Chain Weekly Wrap-Up 04/08/2022-04/14/2022

All Things Supply Chain

China’s vehicle sales drop as COVID-19 restrictions are put in place Car sales in China fell by over 10% last month as automakers continue to struggle with factory closures due…

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Indirect Procurement Process Flow

ProcurePort

• An organization’s procurement efforts can be split into two main categories; there are items that go directly into the final product of the company and those that do not. • The indirect procurement process flow includes activities to purchase goods and services that aren’t traceable in the final product. These items include office supplies, […].

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7 Reasons to Hire a Supply Chain Consulting Firm

SCMDOJO

The first question you may probably be thinking is, why do I really need to hire a Supply Chain Consulting Firm? As a business leader or senior manager in a firm that does not typically use supply chain consulting solutions, you may wonder what additional value or experience can be offered. It can be a minefield and sometimes not overly obvious how to justify whether you need to hire such a firm, this blog will address this with providing 7 reasons to hire a supply chain consulting firm.

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The Supply Chain Ripple Effect of Digital Labels

Supply Chain Brain

Taking a holistic view, executives are looking to implement technology and processes that enable resilience not only to address the current supply chain landscape, but to future-proof for the next set of challenges.

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What is the Purpose of IT Supplier Strategy?

ProcurePort

• Did you know that the average business is using up to 80 IT-sanctioned Software-as-a-Service (SaaS) apps? This is a 10-fold increase since 2015. • And, according to Gartner’s 2020 I&O Leaders Survey, SaaS solutions are here to stay. Prominent data bureau Statista agrees and predicts the SaaS global market to reach $138 billion in […]. The post What is the Purpose of IT Supplier Strategy?

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What is Fabrication Automation?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How to Compare Metal Fabricators! The literal meaning of fabrication is the action or process of inventing something. In a manufacturing context, it means adding value to semi-finished parts or raw materials and making something out of them e.g. metal fabrication is the process of creating metal structures by cutting, bending, and assembling metal pieces that are used in making machines, parts, and structures.

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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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Why is a procurement budget different?

ABC of Procurement

Procurement budget. The post Why is a procurement budget different? first appeared on ABC of Procurement.

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'Micro' Robotic Solutions Are Headed for Mom-and-Pop Warehouses

Supply Chain Brain

Technologies are coming online that can allow companies with a smaller footprint, or with workflows in tighter spaces, to reap the benefits of robotics and automation without having to write a giant check.

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5 Reasons Why You Need an Order Management System

Finale Inventory

An order management system can shape the way you run your business, increasing your productivity and morale amongst your employees — and so much more. Here’s more on why you should consider making the investment and the benefits of order management systems. What Is Order Management? Order management is the process of integrating orders from multiple channels through the use of databases, data collection, processing orders and order fulfillment.

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How to Reduce Software Development Cycle Time!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Software Penetration Testing Tools and Techniques! There are many indices to determine the general success of the software development team. Brilliant ideas, successful applications, developers’ experience and qualifications, the company’s profit, and so on. Today we’ll pay attention to the delivery cycle time and its meaning for both developers and their ordering customers.

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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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Talent Talks Live March 2022 with Guy Battle, Paul Bestford, Jonathan Bearn & Kathryn Gillard – Episode 55

Procurement Talk with David Byrne

Listen in Apple Podcasts Listen in Spotify Listen in Google Podcasts Episode show notes “It’s not about the ‘what’, it’s about the ‘how’, and I don’t think we’re doing enough with the ‘how’ at the moment in the private sector.” As social value remains front and centre of public sector … Continued. The post Talent Talks Live March 2022 with Guy Battle, Paul Bestford, Jonathan Bearn & Kathryn Gillard – Episode 55 appeared first on Talent Drive.

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Collaboration, Clarity, Compliance: A Guide to Supplier Resilience

Supply Chain Brain

Whether you manufacture food, pharmaceuticals or automobiles, the long tail of the supply chain is becoming increasingly complex, with the potential to introduce significant risk to the organization.

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Enterprise software – be careful what you wish for

Purchasing Insight

I have evangelised cloud solutions for many years and whether it’s Ariba, Coupa or any other cloud solution, they are built from established best practice – “best practice out of the box”. The post Enterprise software – be careful what you wish for appeared first on Purchasing Insight.

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Reasons Why Utility Bills Are Going Up!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Small Business Cost Cutting: A Short Guide! According to research, companies and homes are witnessing a sharp increase in utility bills. So, why are you witnessing increasing energy bills? This article is going to highlight the key reasons why your energy bills are on the rise. Introduction.

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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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Earth Day – Offsetting our Carbon Emissions

Value Match

Categories. Best Practice Guides. Bid Management. Business. Case Study. Circular Economy. Community Story. Contract for Change. Environment and Climate. Equality and Inclusion. Government Buying Standards. House of Commons Committee of Public Accounts. Human Rights and Modern Slavery. Legislation. National Audit Office Reports. News. Procurement Best Practice.

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Watch: Has the Pandemic Permanently Changed Last-Mile Delivery?

Supply Chain Brain

Final-mile delivery will not go back to pre-pandemic levels, says Khaled Naim, chief executive officer and co-founder of Onfleet. Shippers need to make adjustments.

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How supply chain disruption and inflation impact procurement

Fraxion

Over the past two years, the global pandemic has exposed existing weaknesses in global supply chains—high consumer demand and increasing supply chain costs have created difficulties in procurement worldwide, with soaring inflation impacting business spend and, ultimately, profitability [1].

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What is Freight Demand Modeling?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Featuring Our Top 16 Articles on Freight and Logistics! Any successful business will take measures to forecast supply and demand for their products and services. There are many software programs out there that can assist companies of every size in knowing what to expect. According to Simplex Group , this helps companies plan for warehousing space, advertising, and staffing.

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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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How can we respond to today’s unprecedented global supply issues and rising costs?

Positive Purchasing

Jonathan O’Brien considers procurement within an inflationary environment and suggests ways to cope with unparalleled changes and increased expenditure. How can we renegotiate with existing suppliers or break away and form new relationships? Today, we’re seeing unprecedented changes in our supply chains with UK issues ranging from domestic goods through to raw materials.

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Truck Blockade at U.S.-Mexico Border Imperils $440 Billion Trade

Supply Chain Brain

A Mexican truck blockade at a key Texas bridge is diverting U.S.-bound cargoes to far-flung crossings, worsening shipping snarls and raising the specter of delivery disruptions for everything from avocados to auto parts.

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8 Mistakes You Might Be Making In Your Supply Chain

The Network Effect

The post 8 Mistakes You Might Be Making In Your Supply Chain appeared first on The Network Effect.

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The “Innovative” Impact of Contract Solutions – Part 1

CPO Rising

Over the last few years, the contract management (or contract lifecycle management) solution space has seen some exciting new innovations, after lagging behind other areas in the supply management space for some time. These new entrants are driving a renewed focus on contract management solutions. Today we talk about Automated Contract Compliance. Automated Contract Compliance […].

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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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#19 | Retaining and Motivating Procurement Talent with Charlotte de Brabandt

The Supplier Experience

Retaining and Motivating Procurement Talent with Charlotte de Brabandt. For this episode, we welcome a familiar guest on HICX’s webinars and the Supplier Experience Live podcast, Charlotte de Brabandt. Charlotte is a speaker, trainer, and ambassador for the Institute for Supply Management (ISM) , with over 10 years of experience in global procurement.

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It’s All About CX in Last-Mile Logistics

Supply Chain Brain

With the decrease in brand loyalty, customer experience (CX) has become the new frontier to conquer, as businesses are no longer competing on price or product. .

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What is Supplier Development?

Jaggaer

The post What is Supplier Development? appeared first on JAGGAER.

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Three Breakthrough Procurement Technology Predictions for 2022

CPO Rising

For nearly a decade, our team gathers to discuss and review the prior year and lay out plans for the new one. We review, in depth, the key findings and trends from the prior years’ market research studies. We also discuss the highlights and takeaways from the previous year’s briefings delivered by solution providers, consultants, […].

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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