Sat.Dec 05, 2020 - Fri.Dec 11, 2020

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Category Management Tactics and Execution

ProcurePort

No matter who is playing, a chess match is played one move at a time. However, the greats, the grandmasters and prodigy’s, they all play these matches far, far more quickly than that. See, in the mental landscape of a chess grandmaster, they are likely playing the game 10 or 15, or even 20 moves […]. The post Category Management Tactics and Execution appeared first on ProcurePort Blog.

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Three essential trends driving Asia Pacific e-commerce automotive aftermarket size by 2026

All Things Supply Chain

The Asia Pacific e-commerce automotive aftermarket is poised to record substantial gains owing to increasing automotive part sales in the region.

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Trending Sources

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Procurement Rising – The Time is Now

ivalua

Procurement’s stature has grown during the COVID-19 crisis as costs, cash flow and supply continuity quickly became top boardroom priorities and homepage news. Across the world, procurement leaders have risen to the challenge. Examples abound. Honeywell successfully shifted production to N95 masks, helping keep healthcare workers safe. The city of New York adjusting normally cumbersome processes to secure new sources of supply for unprecedented numbers of ventilators.

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Podcast | What It Takes to Make Direct-to-Consumer Fulfillment Work

Supply Chain Brain

Retailers selling over the internet can’t hope to compete without a reliable and effective direct-to-consumer (DTC) model for fulfillment. But setting one up is anything but easy.

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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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Inventory Management vs Product Information Management (PIM)

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is Product (or Master) Data Management? Get Our EBOOK HERE. The following Product Information Management (PIM) article was written by guest author Alex Borzo, a content contributor at Amber Engine , a software company passionate about eCommerce. The company’s fast and simple PIM software gets sellers, distributors and brands to market in weeks instead of months.

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10 Commandments of Inventory Management

All Things Supply Chain

Amongst the primary operations of running a supply chain department is inventory management. It is a crucial responsibility that could either break or make a business.

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More Trending

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Watch: How the Biden Administration Will Affect Trade and Supply Chains

Supply Chain Brain

Abe Eshkenazi, chief executive officer of the Association for Supply Chain Management, discusses the expected impact of the incoming Biden Administration on international trade, reshoring and supply-chain sustainability.

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How to Get Great Amazon Reviews!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How to Sell on Amazon! The Complete Guide! Amazon reviews article and permission to publish here provided by Susan Melony. When you have a product you sell on Amazon, the whole package is important, quite literally. Customers have thousands of options at their fingertips in any given product category, and that means they can be discerning.

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Inventory Carrying Cost: What It Is, How to Calculate It and How to Reduce It

FourKites

What is inventory carrying cost? Inventory carrying cost, or more simply referred to as “carrying cost,” is the sum of all the costs associated with holding inventory or stock in storage or warehouse. It includes hard costs like your investment in the product, physical warehouse or storage space, transportation and distribution fees, as well as soft costs like taxes, insurance and the personnel needed to manage the product.

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AMER 2021 – Jorge Pont – Google

ivalua

Jorge Pont Director, Commodity Management – Memory, CPU/GPU/OEM H/W, Google Cloud. Jorge and his team work with the Google data center platforms engineering teams selecting. memory and processor technology and suppliers. He manages the memory and processor. supply chain, including supplier selection, negotiation of business and other terms, and. management of quality, cost, and supply.

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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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Plane-Crash Risk Seen Rising on FCC Plan to Expand 5G Spectrum

Supply Chain Brain

A plan to redeploy spectrum for super-fast 5G wireless networks is sparking concern among aviation safety experts that it could result in interference with the electronics on aircraft, potentially leading to crashes.

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Why Get a Product Sourcing Agent?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Importing From China! The Essential Guide! Get OUR EBOOKS HERE. Product Sourcing Agent article and permission to publish here provided by Joyce Chen at Epic Sourcing. When starting your importation business, finding the primary resources required is one of the first and most vital steps.

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How to Create Baseline in Absence of Historical Data!

Empowering CPO

What is Baseline? Baseline preparation is one of the most important phase during any Strategic Sourcing process. Procurement service provider completes this step immediately after the collection of historic data and after understanding of the requirement for the next contract period. Baseline can be defined as the total cost of ownership for the set of goods or services as defined in the RFP scope.

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Amer 2021 – Cleveland – Speaker

ivalua

John D. McCullough CPHIMS, RHIA, MBA, Interim Associate Chief Information Officer & Executive Director, ITD Digital Business Applications. John D. McCullough, CPHIMS, RHIA, MBA is the Domain Lead of ITD Digital Business. Applications at Cleveland Clinic. He leads a team of caregivers charged with advancing. and transforming enterprise administrative systems, including revenue cycle, patient. access, enterprise content management, service management and data integration.

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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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Which Countries Have Reserved the Most COVID-19 Vaccines? U.S. Is 32nd on List

Supply Chain Brain

Thirty-one countries around the globe have reserved more COVID-19 vaccine per capita than the U.S., according to an analysis of country vaccine agreements.

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How Supplier Risk Management needs to evolve in 2021

Zycus Cognitive Procurement

The pandemic has taught us supply chain professionals a precious lesson in supply chain risk management. The pandemic has put to the test, flexibility, adaptability, and resilience of supply chains. Very few were able to stand their ground. The supply disruption triggered in China sent shock waves all around and shut down the global economy. It exposed weak links in production strategies and supply chains of organizations.

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How to Drive Internal Adoption of Your Real-time Transportation Visibility Platform

FourKites

At its core, rolling out a real-time transportation visibility platform – or any enterprise technology, for that matter – is both a change management project and a leadership opportunity. By focusing on the people, process and technology as three critical legs of the solution, a good business leader can overcome just about any challenge that’s thrown their way.

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AMER 2021 – Bell

ivalua

Andre Beaulieu Senior Vice-President, Corporate services for BCE. As Senior Vice-President, Corporate services for BCE, AndrĂ© Beaulieu is responsible for an $8B procurement portfolio, one of the largest in Canada, and the Value Creation team who leads all major restructuring initiatives as well as the integration of all BCE acquisitions. He is also in charge of Real Estate operations and Corporate Security — including cyber-security, for BCE.

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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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Three Lessons for the Food Industry in 2021

Supply Chain Brain

COVID-19 has taught the food industry some important lessons about modernizing quality, safety and vendor management.

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Are you still spending time and money to run a lengthy RFI/RFQ/RFP process for a SaaS platform purchase?

Solvoyo

Companies tend to engage in request for information (RFI), request for quote (RFQ) and request for proposal (RFP) processes to make sure they end up choosing the right software that meets their business and IT requirements. However, I believe there is a major drawback in this traditional process that ignores today’s fundamental improvements in technology and the need for higher speed in business decisions. .

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5 Ways to Get Employees Engaged in Supplier Diversity Efforts

GoProcure blog

Implementing a supplier diversity program can be a great way to improve procurement. Doing so can help expand your access to innovative products and services, while also gaining benefits like improved employee experience and the ability to recruit top talent. “Most job seekers (70%) value a commitment to diversity in potential employers,” notes business news website The Manifest.

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Tealbook

ivalua

Tealbook is a Big Data company that provides a platform to fix enterprise supplier data forever. Tealbook does this through proprietary Autonomous Data Enrichment technology which proactively captures and maintains changing supplier information. In addition, Tealbook provides a data foundation that can be leveraged by other eProcurement solutions to ensure these larger investments are successful.

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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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Crane Worldwide Logistics Announces Contract Logistics Growth in Europe, Middle East and Africa

Supply Chain Brain

Crane Worldwide Logistics recently announced that it would further extend its contract logistics footprint within Europe, the Middle East and Africa.

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Should Procurement Organizations Depend on Directories and Databases for Finding Suppliers?

Empowering CPO

Preparing list of eligible suppliers before publishing an RFP or RFI is one of the most important step during execution of strategic sourcing process. The outcome of this step directly affects rest of the steps, final results as well as the final savings. Thus it becomes more pertinent to review and analyze the method that is adopted to finalize the list of potential suppliers.

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FourKites’ Latest CAB Shows Supply Chain Collaboration on the Rise

FourKites

Since 2017, FourKites has convened a panel of the most involved companies within our global customer base for our Customer Advisory Board (CAB). We leverage these panel discussions to validate product ideas and guide our product roadmap, create champions and buy-in for our brand, and gather intelligence about the state of the industry. We also structure the conversations in such a way to maximize peer-to-peer collaboration between executive sponsors at our customers in order to reinforce the pow

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Supply Chain Weekly Wrap-Up 12/4/2020 – 12/10/2020

All Things Supply Chain

Hackers target vaccine cold chain distribution network New research suggests that hackers are escalating attacks on the distribution networks of COVID-19 vaccines.

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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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Can a Dual-Use Strategy Save the Struggling Shopping Mall?

Supply Chain Brain

Lou Conforti sees no reason why a shopping mall can’t contain both traditional brick-and-mortar stores and last-mile fulfillment operations for online purchases.

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The Economic Impact of the Pandemic: Survival of the Most Adaptable

Jaggaer

The post The Economic Impact of the Pandemic: Survival of the Most Adaptable appeared first on JAGGAER.

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Top 5 common procurement myths about AI

Zycus Cognitive Procurement

Common procurement myths about the use of AI in procurement are widespread today in the age of AI and automation. According to a Hackett group report, 46% of procurement leaders plan major investments in AI to improve their procurement processes. Moreover, 32% Of procurement organizations believe digital transformation has a high or very high impact on meeting enterprise objectives.

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Diversity in Industrial Procurement Roles: Beth Seager from Espaze

ProtoCast

There's a lot spoken about diversity and inclusion. But one thing's for sure. The industrial manufacturing sector and SMEs tend to lack behind the larger corporates and professional services industries when it comes to diversity. While a lot is spoken and written about making procurement teams more diverse, one thing that is out of procurement leaders' control are the external factors.

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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