Sat.Apr 02, 2022 - Fri.Apr 08, 2022

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Supply Chain Weekly Wrap-Up 04/01/2022-04/07/2022

All Things Supply Chain

Sunflower oil supply disruptions causing havoc for supply chains The recent invasion of Ukraine has led to disruptions of almost half of the world’s sunflower oil exports, meaning companies are…

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Payable Automation for Invoice Processing

ProcurePort

• Accounts payable automation is the installation of technology to electronically receive, check, audit, and pay suppliers. • It leads to faster handling of invoices, which can easily pile up when handled manually. • There are several other reasons to consider automation of payables, including accuracy, lower costs, and better relationships with suppliers due to […].

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2022 Ivalua NOW Paris Recap!

ivalua

Ivalua NOW Paris Day 1 + 2 Recap . Shaking hands, sharing ideas, having a laugh, and a glass of champagne (or two)…we are renewed, recharged, and re-energized from Ivalua NOW Paris! Ivaluans, customers, sponsors, and prospects gathered at the exquisite Musée du quai Branly – Jacques Chirac to meet, exchange ideas, and collaborate in-person! Below, we’ve summarized Day 1 and Day 2, but stay tuned for video recaps and more photos from Paris!

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Fixing the Supply Chain: How AI Can Help, and How it Can Hinder

Supply Chain Brain

Artificial intelligence can predict future demand, improve automation and increase transportation efficiency, giving supply chain managers deeper insight and control over every aspect of the chain. But it's not a magic fix.

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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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Three ways automation and robotics can mitigate warehouse labour shortages

All Things Supply Chain

Warehouses and fulfilment centres are currently experiencing widespread labour shortages and are failing to attract workers.

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6 Vendor Portal Best Practices to Follow in the Coming Year

ProcurePort

• The pace of business in the world today has become so fast that managing numerous suppliers simultaneously can be extremely draining. • A business working with multiple suppliers needs to keep up-to-date details about their location, catalogs, certifications, invoices, and performance. • Vendor portal best practices today make supplier management easier.

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More Trending

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EVs Are on the Way, But Can AVs Keep Up?

Supply Chain Brain

Advances in automotive technology aim to bring an end to the gasoline-powered internal combustion engine. Will the human driver be jettisoned along with it?

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How Supply Chain Digitalization Can Address Supply Chain Disruptions

All Things Supply Chain

Industry 4.0 revolutionized many industries, and now it’s being applied to supply chains. Dubbed Supply Chain 4.

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5 Signs You Need Supplier and Contract Database Software

ProcurePort

· Contemporary supplier and contract database software promise to streamline how procurement teams approach contracts and sourcing. · This technology ensures real-time communication, collaboration, and management of the contract lifecycle. But how do you know if you should invest in supplier and contract database software? What are the signs telling you it’s time to get […].

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What is Product Liability?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How 3rd Party Liability Insurance Protects Your Supply Chain! Product liability is a legal term that details the manufacturer, distributor, and seller’s responsibilities. This includes what may happen if a buyer becomes injured by a defective product. Manufacturers are tasked by law with the responsibility of maintaining certain standards.

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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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ICT Spring goes "Beyond Frontiers" and unveils a new format in 2022

Supply Chain Brain

ICT Spring is a centrepiece of Luxembourg’s event calendar and one of the top European tech conferences. Organized by Farvest and hosted next June 30th and July 1st at LuxExpo the Box, the event will inspire delegates across a variety of important topics. Key areas of focus are the fast-growing FinTech industry, innovations and technologies building the future of the economy, European Sovereignty in Data & Cloud, Supply Chain initiatives, IT Security, HealthTech, entrepreneurship as well as

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How to make the most of ARPA funding

Bonfire

All across the US, governments at the state, tribal, and local levels are wading through the enormous task of managing a combined $1.9 trillion in federal funding. The money, approved in March 2021 through the American Rescue Plan Act (ARPA) , is helping communities at all levels rebound from the detrimental impacts of Covid-19. But, as it turns out, managing and allocating the funds is no easy task.

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8 Unique Phases of Supplier Lifecycle Management

ProcurePort

There’s no doubt that initiating a new relationship is hard, whether it’s a personal or business relationship. To forge a strong relationship and succeed in your endeavors, you have to build trust and loyalty among your circle of suppliers. Strong relationships attract meaningful and lasting business opportunities. Lifecycle management gives suppliers and businesses opportunities to […].

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5 Ways to Reduce Your Call Abandonment Rate!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Video Call Etiquette for a Great Video Call Experience! Abandoned calls in a business represent missed business opportunities as well as poor customer support. Even though different reasons might force a client to abandon a call, the bottom line is that the client was not able to get what they were looking for.

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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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Shippers Search for the Nexus of Sustainability and Supply Chain Efficiency

Supply Chain Brain

Shippers walk a tightrope in balancing sustainability goals with demand for goods and the need to remain competitive. Fortunately, the two paths don’t have to be mutually exclusive.

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Spend Trends Procurement Leaders Should Expect in 2022

SpendHQ

Within the past few years, organizations faced extreme demand volatility and supply chain disruptions that have forced them to radically adapt their procurement systems. While many of these challenges have been out of procurement and their organizations’ hands, there are still trends procurement can follow and prepare to encounter. The post Spend Trends Procurement Leaders Should Expect in 2022 appeared first on SpendHQ.

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Procurement in 5-Minutes: How can procurement understand its capabilities and maturity?

Sourcing Solved

We live and work in a busy world in which there is little time to read, watch or listen beyond the headlines. Hello, my name is Iain Campbell-McKenna, and this is “Procurement in 5-minutes.” That’s right, in 5-minutes I promise to tackle some of the biggest challenges and deepest questions our profession and industry face on a day-to-day basis. In today’s 5-minutes I welcome senior procurement executive and long-time industry expert, René Gotfredsen to answer the question: “ How can procur

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Forex Trading Strategy Tips for Beginners!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Tips to Master Forex and Binary Options Trading! The forex market is the largest financial market in the world. Its large trading volume provides a highly liquid trading environment that attracts a large pool of retail traders and investors on a daily basis. Unfortunately, most beginner traders are unable to make consistent profits due to the lack of professional guidance and information on the realities of forex trading.

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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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Five Takeaways from the UN’s Latest 3,000-Page Climate Report

Supply Chain Brain

The new report updates previous work by the IPCC — its last work on this topic came out in 2014 — as well as assessing the potential of technology and offering evidence that climate action, done right, can improve the health and wellbeing of people around the world.

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Procurement Pandemonium

Purchasing Insight

Mistakes were the inevitable consequence of a pragmatic decision to override most of the normal procurement rules. But we could have expected more of our politicians than to seize the opportunity to line the pockets of their friends and supporters. The post Procurement Pandemonium appeared first on Purchasing Insight.

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AI-Powered Contract Redline – Dan Broderick from BlackBoiler

The Procuretech Podcast

We're diving in again to the ever-expanding contract management space this week, looking at a piece of software that straddles the murky waters between procuretech and legaltech. Redlining and amending contracts is a boring and tedious process to most procurement professionals, but a necessary evil that comes with the territory for commercial contract negotiations post-sourcing and award.

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The Supply Chain Progress Poll! Denial or Action and Innovation?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chains Are Broken. Denial Will Kill Your Company! As pandemic related restrictions are lifted in our personal and professional lives, the key question is what will our lives be like? What will our new normal be? How will Supply Chain progress? The level of Supply Chain disruption has been pervasive, unrelenting and indiscriminate.

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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 NFTs Thrive in Retail Supply Chains?

Supply Chain Brain

Non-fungible tokens came into the mainstream on the back of the art, collectibles and gaming spaces. Now, everyone seems to be getting on the bandwagon.

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Putting the Principles of Influence into Practice 

Negotiations Ninja

Brian Ahearn is the Chief Influence Officer at Influence PEOPLE. He’s a keynote speaker, trainer, coach, and consultant who specializes in the science of influence and persuasion popularized by Robert Cialdini. Brian has written multiple books on the science of influence, including “Influence PEOPLE: Powerful Everyday Opportunities to Persuade that are Lasting and Ethical” and “Persuasive Selling.

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Dear CEOs – here are 5 more things your CPOs can do for you

Zycus Cognitive Procurement

After the financial crisis of 2008, companies started to focus on improving their overall value creation to survive the demanding market and economic situation. Unfortunately, with stakeholder pressure to deliver growth and profits in the short term, many companies lost sight of their long-term strategic goals and long-term investments. As a result, these companies forgot to reinvent themselves and remain relevant in this ever-changing market.

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Procurement Category Management: The Art of Balancing the Cost, the Value, and the Demand

The Good Spending

Category management is the brain and spine of strategic procurement. Procurement largely relies on category management in its constant endeavor to transform transactional purchasing into a value-creation machine. This post analyzes what makes genuine category managers and " separate future physicians from those who wanna play doctor." Category management is an integral part of the "plan-to-procure" cycle.

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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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Footwear Nearshoring Is 'Unrealistic,' Trade Group Chief Says

Supply Chain Brain

Despite supply chain pressures in Asia, it’s unlikely that American footwear brands will follow the example of New Balance and pursue U.S. manufacturing, says Matt Priest, CEO and president of Footwear Distributors and Retailers of America (FDRA).

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JAGGAER Doubles Down on Customer Success, Receives Customers’ Choice Distinction in P2P for Second Straight Year

Jaggaer

The post JAGGAER Doubles Down on Customer Success, Receives Customers’ Choice Distinction in P2P for Second Straight Year appeared first on JAGGAER.

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E-invoicing in Singapore: The Future is Sustainable

Zycus Cognitive Procurement

Singapore has consistently ranked as one of the most sustainable cities in Asia and globally for several years. Hence it is not surprising that the nationwide e-invoicing initiative led by the IMDA aligns with ‘ The Singapore Green Plan 2030 ‘ The Singapore Green Plan 2030 is a strategy to make Singapore a global leader in sustainability by 2030, in line with Singapore’s commitments under the UN’s 2030 Sustainable Development Agenda and Paris Agreement.

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To BoB or Not to BoB? That is the Question (Part 1)

CPO Rising

Suites or Best of Breed (aka “BoB”) For most enterprises in 2021, technology has become a powerful enabler of the sustainable efficiencies and strategic value that can transform operations and improve performance. As a result, selecting the right technology has never been more important. And, as business proceeds into a post-pandemic world, solution selection has […].

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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.