Sat.Oct 16, 2021 - Fri.Oct 22, 2021

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What is 3-way matching and why do you need to implement it?

ProcurePort

A 3-way matching process is the comparison of a purchase order with the goods receipt note and supplier invoice before honoring said invoice. It determines whether a payment should be made, in full or in part. The primary reason for implementing a 3-way matching process is to reduce the likelihood of fraudulent payments being made. […]. The post What is 3-way matching and why do you need to implement it?

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How Payment Innovations can Improve Supplier Relationships & Working Capital

ivalua

The post How Payment Innovations can Improve Supplier Relationships & Working Capital appeared first on Ivalua.

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Global Port Gridlock Threatens Economies Everywhere

Supply Chain Brain

Global ports are growing more gridlocked as the pandemic era’s supply shocks intensify, threatening to spoil the holiday shopping season, erode corporate profits and drive up consumer prices.

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Motivating Employees for Better Results!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Ground Rules for Creating a High Performance Organization (HPO)! Motivating employees article and permission to publish here provided by Gabe Nelson. Whether your job focuses on operating a small warehouse or you have to handle shipping on a larger scale, finding the right way to motivate the employees who help you get the work done will be important.

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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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The Procure-to-Pay Process Flow Explained

ProcurePort

Are you keen to understand the procure-to-pay process flow? Well, before we dive into what P2P is and its procurement process benefits let’s first define the term. In this way, we’ll be on the same page. Let’s get started. What is Procure to Pay? The Chartered Institute of Procurement and Supply (CIPS) provide us with […]. The post The Procure-to-Pay Process Flow Explained appeared first on ProcurePort Blog.

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6 Keys to Selecting the Right Procurement Technology

ivalua

The post 6 Keys to Selecting the Right Procurement Technology appeared first on Ivalua.

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4 Reasons Nvidia Graphics Cards are Ideal for Gamers!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Impact of Technology on the Gaming Industry! Nvidia graphics cards article and permission to publish here provided by Beth West. The Gaming industry is becoming progressively sophisticated, and laptop companies are swimming at the same tide. Essentially, high-quality gaming is a modern decoy into luring gamers, and both gaming and computer companies understand this fairly well.

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Procure to Pay: Best practices in six key points

ProcurePort

The procure-to-pay (P2P) process in any organization begins with the identification of needs and ends with the payment of suppliers and maintenance of proper records. A lot of work happens in between, and proper controls must be in place to prevent errors, fraud, and to build strong relationships with suppliers. A lot of innovation has […]. The post Procure to Pay: Best practices in six key points appeared first on ProcurePort Blog.

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Making the Case for Diversity in Public Procurement

ivalua

The post Making the Case for Diversity in Public Procurement appeared first on Ivalua.

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Watch: Is American Manufacturing Due for a Resurgence?

Supply Chain Brain

Shay Scott, executive director of the Global Supply Chain Institute, and professor in the University of Tennessee’s Master of Science in Supply Chain Management online program, weighs the factors that might influence American manufacturers to reshore production from Asia to the U.S.

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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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Logistics at Risk! Charter, Outsource, or Vertically Integrate?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Resilient Supply Chain! Passing Fad or Long Term Strategy? Historically most companies have relied on third party companies to handle most every aspect of their logistics. Whether that be ocean going vessels, long distance trucking, or last mile delivery, there are a lot of specialty companies offering these services.

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World of Procurement Community on Discord

World of Procurement podcast

World of Procurement is now live as a virtual community on Discord. I set this Discord Server up in secret in March time, and only the legendary Procurement Doctor, Karthik Rama, was in there with me. Big thanks to Karthik for getting involved at the start. I wanted to create a safe space, full of diverse people, to talk about Procurement, Supply Chain and Contract Management.

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Retail Procurement Datasheet

ivalua

The post Retail Procurement Datasheet appeared first on Ivalua.

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Watch: Building an Intelligent Supply Chain Control Tower

Supply Chain Brain

What is a supply chain control tower, and how has the concept evolved in the age of artificial intelligence and data analytics? Heidi Benko, vice president of product management with Infor, explains.

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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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What to Know About Making an International Phone Call!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Cloud Telephony! How to Set up a Small Business Phone System! International phone call article and permission to publish here provided by Beth West. For those with loved ones in another country or those who travel a lot, international phone plans must have crossed your mind. No matter where we are, it’s always essential that we stay connected to our friends, family, and business from wherever they are.

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Automation Hero October 2021: TerraSana

EazyStock

Wouter van der Zwaan, Finance and IT Manager at TerraSana Natuurvoeding BV, was looking for a solution to improve his company’s capabilities in terms of inventory optimization. After careful evaluation, TerraSana decided to integrate EazyStock with their existing ERP. EazyStock was rapidly implemented, and TerraSana quickly saw results. Now, instead of managing their inventory manually in Excel spreadsheets, EazyStock automatically calculates reorder points and quantities and recommends pu

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Always Get a “YES” in your Supply Chain Operations with Concurrent Planning

Solvoyo

“Yes” is a powerful word. We all enjoy hearing the answer “Yes” to all our requests, especially in business. But is it possible to receive a positive response all the time? Unfortunately not. The reason behind this is the trade-off concept which is at the core of almost all business decisions. Supply Chain is a …. Continue reading "Always Get a “YES” in your Supply Chain Operations with Concurrent Planning".

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Supply-Crunch Inflation Gives Central Banks an Unfixable Problem

Supply Chain Brain

The global economy’s supply crunch is propelling inflation at such a fast pace that central bankers may be forced to respond, even though fixing that imbalance is beyond their power.

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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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Supply Chain Thrives in these Challenging Times!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Supply Chain Compensation is on the Rise! Supply Chain thrives article and permission to publish here provided by Sam White at Argentus. The challenges posed by the COVID-19 pandemic have supply chain professionals working harder than ever – but compensation is rising significantly to match.

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JAGGAER Teams Up with Industry Experts for New Procurement with Purpose Webinar Series

Jaggaer

The post JAGGAER Teams Up with Industry Experts for New Procurement with Purpose Webinar Series appeared first on JAGGAER.

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Always Get a “YES” in your Supply Chain Operations with Concurrent Planning

Solvoyo

“Yes” is a powerful word. We all enjoy hearing the answer “Yes” to all our requests, especially in business. But is it possible to receive a positive response all the time? Unfortunately not. The reason behind this is the trade-off concept which is at the core of almost all business decisions. Supply Chain is a … Continue reading "Always Get a “YES” in your Supply Chain Operations with Concurrent Planning".

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U.S. Labor Unions Are Having a Moment

Supply Chain Brain

U.S. organized labor is having a moment after decades of erosion in both influence and power, giving workers their best chance in recent memory to claw back lost ground.

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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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#13 | An Interview on Why Now Is The Time to Be In Procurement with Stephen Day

The Supplier Experience

An Interview on Why Now Is The Time to Be In Procurement with Stephen Day. For this episode of Supplier Experience Live from HICX, we are joined by Stephen Day. Stephen is Chief Procurement Officer at Kantar , a data analytics and brand consulting media company based in London. Stephen’s expertise is wide ranging, from operations management, to supply chain management, multi-country transformation and change management.

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Procurement Summit Live Sessions: Part 2 – AI and Game Theory Startups

The Procuretech Podcast

We’re back with part 2 of a 3 part series of live episodes recorded at Procurement Summit in Berlin on 29 and 30 September 2021. Each podcast features a different theme, focusing on some of the newer, less well-known startups who pitched and exhibited during the summit to bring awareness to some of the exciting new players out there who have a bright future.

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Fujairah Finance Department in cooperation with the Fujairah E-Government have signed a strategic agreement with JAGGAER to enhance purchasing operations

Jaggaer

The post Fujairah Finance Department in cooperation with the Fujairah E-Government have signed a strategic agreement with JAGGAER to enhance purchasing operations appeared first on JAGGAER.

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People Vs. Tech: Where Supply Chains Most Rely on Each

Supply Chain Brain

As the role of technology continues to evolve in the supply chain, where does human expertise fit into the equation?

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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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The Cost of Bad Procurement Process [Part 1]

The Good Spending

Competitive bidding may become bad procurement practice The use of competitive bidding remains an established practice. 30-60% of market approach strategies in private companies and up to 90% in public ones involve the RFP process. Any spending above the minimum threshold in many firms involves at least three quotations. This happens despite the well-known Kraljic matrix recommendation to exercise competitive bidding selectively, e.g., for leverage items.

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11 Free and Useful Podcast Tools!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How Social Media Benefits Supply Chain! Podcast tools article and permission to publish here provided by Priyank Sharma. Podcast listeners are immensely increasing these days. Brands around the world use podcasting to reach out to their audience. Sharing their brand’s story is not as challenging now that podcasting has become a trend.

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Fedrigoni Group Selects JAGGAER for the Digital Transformation of Procurement Processes

Jaggaer

The post Fedrigoni Group Selects JAGGAER for the Digital Transformation of Procurement Processes appeared first on JAGGAER.

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Infrastructure Battle Puts China Chip Bill on Back-Burner

Supply Chain Brain

A bipartisan push to make the U.S. more competitive with China and bolster domestic chip production risks falling by the wayside as Congress grapples with a packed year-end agenda in an ever-more-divided Capitol.

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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