Sat.Aug 06, 2022 - Fri.Aug 12, 2022

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Port Congestion in the US And Its Effects on Supply Chains

All Things Supply Chain

The port authority of Oakland recently reduced the free wait time for shipping containers from seven to four days. The reason? – Port Congestion.

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Vendor onboarding: Process guide, checklist and tips

RPF360

Vendor onboarding is an essential element of successful supplier relationship management. Explore this topic as well as how RFP management software automates and centralizes the vendor onboarding process. The post Vendor onboarding: Process guide, checklist and tips appeared first on RFP360.

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What is a technical and financial bid?

ABC of Procurement

We have all heard about the terms:” tender”, “bid”, and “bidding”. Here is a short overview of the complete process. The post What is a technical and financial bid? first appeared on ABC of Procurement.

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Inventory Holding Cost — The Ultimate Guide of 2022

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. Inventory Holding Cost — The Ultimate Guide of 2022. Inventory holding costs are one of the fees that an organization or business incurs. But how do businesses incur these costs? . In this article, we will discuss what inventory holding cost is.

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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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Supply Chain Weekly Wrap-Up 08/05/2022-08/11/2022

All Things Supply Chain

Ukraine requires more ships to relieve grain supply chain Last week provided some relief for global food supply chains as the first ship loaded with grain left a Ukrainian port…

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Aegion Selects Ivalua to Digitally Transform Procurement

ivalua

Redwood City, 11 August, 2022 – Ivalua, a global leader in spend management , today announced that Aegion Corporation, a leading provider of infrastructure maintenance, rehabilitation, and protection solutions, selected its platform to digitally transform procurement. The initial focus is on digitising the Procure-to-Order process with subsequent phases planned for invoicing and sourcing.

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Invoice Management — Everything You Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. Invoice Management — Everything You Should Know. In the past, the process of invoice management was slow. However, throughout the years, it has also adopted some advancements that made it fast and efficient. Yet, many people are still relying on what they were taught in the past. .

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Is the supply chain talent market swinging back in favor of the employer?

All Things Supply Chain

Starting in 2020, the supply chain world was disrupted in ways previously unheard of. A pandemic shut down everything.

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The Big Interview with Ana Maria Velica

Procurement Heads

When did your interest in procurement and supply chain begin? It was back in 2004 in Romania – I am Romanian – and at the time I was working as a Marketing Assistant at British American Tobacco. The company was going through a transformation to become the market leader in Europe and I remember being asked by the Managing Director where I saw my career evolving, my answer was very quick, I wanted to join the cool and dynamic purchasing team because I was always fascinated by the negot

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What is the Procurement Process Flow

ProcurePort

• Understanding the procurement process flow in your organization is key to identifying areas of inefficiencies and taking the necessary corrective action. • The process involves all the steps from needs identification to the payment of suppliers. • Procurement is a combination of processes, people, and documentation. The management has to bring all these things […].

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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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Selecting a Vendor — The Ultimate Guide of 2022

Procurement Tactics

33 Procurement Interview Questions in 2022. Success! First Name. Email. Download Free PDF. Or receive our famous weekly newsletter. Selecting a Vendor — The Ultimate Guide of 2022. Selecting a vendor is not an easy task for each organization. It requires a lot of factors before choosing a potential supplier. In the field of procurement, the procurement department of each organization has its own way of selecting a vendor. .

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Stop Using Spreadsheets to Manage Your Global Supply Chain

Supply Chain Brain

Maintaining your organization’s dependence on collecting, tracking and sharing supply chain data with Excel is perhaps the biggest threat to agility, resilience, visibility and profitability.

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Interim Talent Spotlight #5

Procurement Heads

My core skills are across Category Management and procurement function leadership, involving functional transformation, strategy development and end-to-end process improvement in a global environment. In addition, I have expert knowledge of outsourcing the procurement service. My experience is largely within manufacturing organisations, including pharmaceutical, chemicals, electrical hardware, packaging and point of Sale.

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You Didn’t Know These 7 Steps of an Effective Procurement Process

ProcurePort

• The step of the procurement process is the sum of the activities an organization takes to ensure goods and services necessary for operation are available on time and in the right quantity and other specifications. • Procurement affects the supply chain, quality of final goods, prices, and profitability of a company. Therefore, in many […]. The post You Didn’t Know These 7 Steps of an Effective Procurement Process appeared first on ProcurePort Blog.

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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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LTI

ivalua

LTI is a global technology consulting and digital solutions Company helping more than 495 clients succeed in a converging world. With operations in 33 countries, we go the extra mile for our clients and accelerate their digital transformation journeys. Founded in 1997 as a subsidiary of Larsen & Toubro Limited, our unique heritage gives us unrivalled real-world expertise to solve the most complex challenges of enterprises across all industries.

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Weathering the Storm Through Supply Chain Partnerships

Supply Chain Brain

It takes solid partnerships to weather crises — or, for that matter, the day-to-day business of supply chain management. In this latest edition of our annual roster of 100 Great Supply Chain Partners , we present instances of true collaboration in the face of enormous challenges.

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Episode 77: Manufacturing Macrotrends and the Metaverse with Minesh Pore

Una

Episode 77: Manufacturing Macrotrends and the Metaverse with Minesh Pore. By Kelly Barner | August 10, 2022. Although each procurement professional and team does the best they can under the circumstances they are handed, all industries and companies are subject to global mega-trends… and they never stop evolving. From where low cost labor is located to how the “fast fashion” industry is managed, the rate of change is accelerating – and having implications worldwide.

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How Covid Changed the Restaurant Industry!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chain Automation Helps Selling Food Online! The pandemic saw the restaurant industry face challenges like never before, with most being forced to close for a substantial period and, when allowed to re-open once more, having to operate under new restrictions, ensuring social distancing was being maintained for example.

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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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USPS proposes peak season rate hikes amid drop in package demand

Supply Chain Dive

The temporary price increases “frankly seem pretty reasonable compared to what FedEx has proposed,” one consultant said.

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Container Lines Are Set to Smash Year-Old Profit Record by 73%

Supply Chain Brain

The world’s biggest container lines are on course to post profits in 2022 that will top last year’s record by 73%, according to a new forecast, buoyed by logistics and labor strains that are squeezing capacity amid sustained U.S. demand for imports.

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New Suppliers on Thomasnet.com for August 2022

The Thomas Blog

Exciting new B2B companies are being established across the U.S. and Canada every day, and every month, hundreds of them are joining Thomasnet.com ®. We're highlighting ten of the most notable and innovative companies below to bring some of the unique services and products they provide to the forefront. 1. Saint-Gobain Electronics. Located in Solon, OH, Saint-Gobain Electronics makes fluid handling components and systems for semiconductor applications.

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The Bill of Materials (BOM) Beginners Guide!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is Product (or Master) Data Management? Manufacturing contributed 10.8% to the total US GDP in 2020. Manufacturing businesses are at the heart of eCommerce and retail businesses. If you’re an eCommerce seller or manufacturer, you need to know BOMs (bill of materials). How do you create a bill of materials?

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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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281: Solve Onboarding with EDI Software from Orderful

Let's Talk Supply Chain

Today I’m joined by Orderful , a forward-thinking EDI software provider, that is on a mission to modernize contemporary supply chains. Orderful is a complete cloud EDI platform for manufacturers, distributors, retailers, and technology companies. With an API that enables companies to connect once and trade EDI data with their supply chain, Orderful customers are able to consolidate their EDI software integration complexity and quickly enable trading partners as self-service to reduce costs.

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Truck-Driver Pay Rose 11% Amid Strong Freight Demand Last Year

Supply Chain Brain

A new survey shows wages for truck drivers rose at a double-digit pace last year, as companies raced to recruit workers in a market marked by tight labor conditions and high freight demand.

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How to Use Group Purchasing as a Cost Reduction Strategy

Una

How to Use Group Purchasing as a Cost Reduction Strategy. By Mackenzie Oakley | August 9, 2022. At the height of the COVID-19 pandemic, 49% of companies were considering layoffs, while over 33% had frozen new hires as a way to implement some sort of cost reduction strategy in the middle of a global crisis. As a result, unemployment reached a record 14.8% in April 2020.

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Limestone Extraction from Florida Quarries!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Managing Infrastructure Construction Projects Tips! Limestone is a sedimentary rock that has been used since prehistoric times. One of the most common uses for limestone today is in construction. Still, it has other uses, such as building roads and bridges , cement, and even agricultural fertilizer!

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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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Labor shortages challenge supply chains to automate while retaining employees and their trust

Supply Chain Dive

Supply chain difficulties and labor shortages have certainly been a top priority for businesses the past 2 years. But the two are not mutually exclusive.

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Tesla’s Self-Driving Technology Fails to Detect Children in The Road, Tests Find

Supply Chain Brain

A safe-technology advocacy group issued claimed Aug. 9 that Tesla’s full self-driving software represents a potentially lethal threat to child pedestrians, the latest in a series of claims and investigations into the technology to hit the world’s leading electric carmaker.

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Risk Vendor Profiles (Part 1): Financial and Supplier risk monitoring solutions — D&B, Rapid Ratings, LexisNexis

Spend Matters

Categories: Market Intelligence , Procurement Strategy & Planning , Professional Services , Risk Performance and Compliance , risk-compliance-management , Supplier Performance , Supplier Risk and Compliance Management Tags: PRO This Spend Matters PRO analysis is the first in our 7-part series on Risk technology solutions and services vendors, focusing on organizations' increasing need to manage and mitigate risk scenarios.

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Key Areas Where Your Business Could Use Professional Help!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. 5 Reasons to Choose Professional QA Staffing Services! Every business is doing their very best to tighten their belts right now. It has become impossible to ignore the headlines about the rising cost of living, the supply chain issues, and the unpredictable markets without professional help.

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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.