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Fears of a neon shortage due to Russian invasion Two key suppliers of neon have shut down operations in Ukraine due to the Russian invasion, sparking concerns for chip shortages.
Redwood City, CA – April 1st, 2022 – Ivalua, a global leader in spend management , today announced that it has been recognized as a Customers’ Choice vendor in the March 2022 Gartner Peer Insights ‘Voice of the Customer’: Procure-to-Pay Suites report. The report evaluated 11 procure-to-pay (P2P) solution vendors based on ratings and feedback from end-users with experience using, implementing or operating a P2P solution.
· What is supplier management process? · What’s the importance of implementing good vendor management best practices? · And what are some vendor supplier relationship strategies you can adopt to streamline the supplier management process? In this post, we tackle each of these issues. But first, what is supplier management anyway? What is Supplier Management?
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
In an age of internet-savvy consumers, companies have employed increasingly sophisticated greenwashing tactics to avoid taking meaningful environmental action, while reaping the reputational benefits of appearing eco-friendly.
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You most likely depend on third-party vendors to efficiently run your routine operations if you own a business or an organization. Nevertheless, vendor management process workflow can present risks with serious financial, legal, and operational repercussions making vendor risk management a critical process. But how do you manage tens or hundreds of vendors if you […].
Coming from a fulfillment company, it’s too tempting not to call eCommerce fulfillment the “heavy lifting” essential to running a successful brand that brings customers back again and again.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is a Digital Transformation? Here we present five important steps for all individuals that are interested in digital supply chain transformation to help you attain success despite the numerous challenges that you are likely to experience. In a digital supply chain, the different foundations are created using web-based elements.
Supply chains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supply chain and your customers’ end markets. A company’s supply chain is a key source of competitive advantage and Supply Chain Management (SCM) is designed to allow a company to monitor its suppliers and utilize the available resources to improve performance.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
U.S. importers, straining under a tapped-out supply chain, are increasingly offering top dollar for long-term shipping contracts that may not even be honored as they try whatever it takes to guarantee the arrival of their products.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. How to Optimize Your Factory for Industry 4.0! Industry 4.0 is a hot trend that is continually helping to increase efficiencies in manufacturing and many manufacturing companies are actively looking for ways to adopt it in their own operations. The potential gains for any production operation are significant, but there are also some requirements to be observed before attempting to implement Industry 4.0 practices in a manufac
As of today, 1 April 2022, NHS England will be extending the reach of its Procurement Policy Note (PPN) 06/20 to the commissioning and purchase of goods and services by NHS organisations, as well as to organisations acting on behalf of such commissioners and purchasers (in scope organisations). In essence, this means that all procurement undertaken will contribute to the NHS’ Net Zero and Social Value goals.
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
I was delighted when Tesca Group CPO Nadia Stoykov agreed to write an article for the Sourcing Solved Community Blog. Her post, which you can access through the provided link , delivers several key insights into successfully identifying, pursuing, and retaining procurement talent by treating it as a strategic sourcing process. If you haven’t read it yet, I strongly suggest you do.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Featuring Our Top 16 Articles on Freight and Logistics! A career in logistics may not be the first thing that comes to mind when you’re thinking about your future, but it’s a field that offers plenty of opportunities for those who are looking for a stable and rewarding career.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Global supply strains that started to ease in early 2022 are worsening again as headwinds strengthen from the war in Ukraine and China’s Covid lockdowns, threatening slower growth and faster inflation across the global economy.
Jonathan O’Brien, CEO of Positive Purchasing , explores the concept of repertoire in negotiation and use of the decoy tactic. A negotiation is a performance of sorts. Unsurprising then that, along with process and personality, repertoire is often referred to as a fundamental component of effective negotiation. Usually associated with comedians or other performers, a repertoire is the entire range of material that can be delivered.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Thoughts on Making Money with Bitcoin! Bitcoin ATM is one of the best and fastest ways to invest in this digital crypto. People know it and use it to purchase and vend digital cash. There are frequent motives to spend in this digital crypto from the bitcoin ATM. But for all reasons, the best one is it is fast and user-friendly so that anyone can handle it without failing.
Listen in Apple Podcasts Listen in Spotify Listen in Google Podcasts Episode show notes “It isn’t about the price of the consultancy, it’s the impact of the outcome they’re delivering, so cheap can become very expensive.” The difference in spend between contingent labour and consultancies globally is incredibly small, yet … Continued.
Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.
Ocean cargo handlers are scrambling for solutions to the congestion that continues to plague major U.S. container ports, especially Los Angeles and Long Beach. But the ultimate answer might lie in something beyond their control: time.
Managing a situation where an increasing percentage of any company's workforce is composed of external, contingent workers is a challenge that many companies are already dealing with. While many more will have to figure this out pretty soon too, as they move to a more flexible labour model with the advent of the "gig economy". How to mange this digitally, to both ensure compliant onboarding of consultancies, contractors and freelancers, as well as streamlining the administrative hassle associate
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Thoughts on Making Money with Bitcoin! A few years ago, a group of trading experts created the Bitcoin Prime program to simplify trading and allow users to buy in with no prior trading knowledge. It’s like having a robot trade your Bitcoin for you. Automated Bitcoin trading is possible with the help of this program.
At Bonfire, we get to work with hundreds of public procurement professionals every day. Our platform connects you to tools and resources that make your jobs easier. But we also do our best to connect you to each other , so you can reap the benefits of working together. On March 15, we brought together procurement professionals from crown corporations across Canada for a virtual roundtable discussion.
This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Non-Fungible Token (NFT) Overview! Financial institutions form adaptive banking software solutions to ensure an economy in the post-world. Experts identify several promising trends which will help to find new competitive advantages for many banks. Prospects of the banking market.
Your procure-to-pay process should optimize your organization’s purchasing operations and make tasks easier, helping you achieve speed, efficiency and cost control. However, if you’re processing large volumes of transactions that require strict oversight with limited resources, you will always be two steps behind without the right tools and approach.
Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón
Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how a composable approach helps modernize commerce stacks while maintaining control over critical systems.
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