Sat.May 14, 2022 - Fri.May 20, 2022

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AI Creates an Efficient Inventory Management System

All Things Supply Chain

Effective inventory management can be an invaluable asset for any organization. With the right management system, a business can improve inventory visibility, optimize its supply chain and navigate shortages.

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What is Sourcing Process in Procurement – A Complete Guide to Sourcing Processes [2022]

ProcurePort

• Sourcing is the process of finding the most suitable suppliers of goods and services to a company. When sourcing, a business has to consider the following constraints: cost, profit margins, and competitiveness. • The right supplier must offer a good enough price so that the acquiring business can make a profit margin by trading […]. The post What is Sourcing Process in Procurement – A Complete Guide to Sourcing Processes [2022] appeared first on ProcurePort Blog.

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The True Power of a Payments Partnership

ivalua

As part of Ivalua’s journey to bridge the gap between Finance and Procurement, Ivalua has partnered with TransferMate to reduce the financial friction within cross-border trade. But why is this so important for business, and what does it mean for prospects and customers? This blog will answer these questions plus a few more. How important is this partnership to both Ivalua & TransferMate?

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Three Procurement Pro-Tips to Optimize Inventory, Cash Flow

Supply Chain Brain

Soaring customer demand has created unique challenges for procurement managers. By developing effective inventory management techniques, procurement professionals can tackle the issues from several unique angles.

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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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How Can You Automate Procurement and Supply Chain Jobs?

All Things Supply Chain

Automation has brought a lot of value to industries across the United States in recent years.

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Goals and Challenges in Contract Administration and in Vendor Management

ProcurePort

• Effective contract administration and vendor management are not easy to achieve, especially when an organization is dealing with multiple vendors. • There are multiple contracts to be agreed upon, monitored, reviewed, and renegotiated each year. • When done well, contract administration can create win-win situations for a business and its vendors.

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U.S., European Firms Rethink China Investment After Lockdowns

Supply Chain Brain

U.S. and European businesses are reconsidering their investments in China after the lockdown in Shanghai and restrictions in other cities caused major disruption to their operations.

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Supply Chain Weekly Wrap-Up 05/13/2022-05/19/2022

All Things Supply Chain

U.S.

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What is Sourcing Strategy and Why is it Important?

ProcurePort

• Strategic sourcing is a combination of activities aimed at aligning a company’s procurement spend with its overall objectives. • It’s about spending money in the wisest ways rather than just angling for the lowest prices of items. The sourcing strategy balances numerous variables in supply chains as well as the various interests of internal […].

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Public Sector Procurement Datasheet

ivalua

The post Public Sector Procurement Datasheet appeared first on Ivalua.

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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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Intelligent IBP – a new role for supply chain planners

Supply Chain Trend

Preview – Most IBP cycles around the world are based on a 20-year-old process definition supported by 20-year-old planning concepts. This traditional IBP is not set up for a fast-changing world, where speed of decision making confers a competitive advantage. Intelligent automation will change this. In this series of blogs, I will discuss the transition of traditional IBP towards a more intelligent IBP.

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Amazon May Be Proof That Delivery Drones Aren’t Practical

Supply Chain Brain

Delivery drones bearing your dinner or prescription have yet to take to the skies over any major city or even suburb. Why is that?

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Types of PC Programming Errors and How to Fix Them!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. It is likely that part of your day already depends on your PC running effectively without delays. Whether you use one at work, for gaming, or to socialize, it can be extremely frustrating when your computer is out of action for seemingly no reason due to programming errors. You will be pleased to know that not every PC fault happens at random.

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Source-to-Contract (S2C) Datasheet

ivalua

The post Source-to-Contract (S2C) Datasheet appeared first on Ivalua.

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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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The role of warehouse technology and automation in supply chain management

EazyStock

Warehouse technologies and automated systems can help solve warehouse and supply chain issues cost-effectively. The right technologies can increase efficiency by improving stock control and pick accuracy, warehouse flexibility, responsiveness, and safety and security. They can also help strengthen supplier relationships and improve customer service levels.

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Watch: Digital Data Drives Supply Chain Design

Supply Chain Brain

Digitizing data is of immense help in mitigating supply chain risks, says Bernard Tremblay, chief executive officer of the U.S. and Canada for Miebach Consulting.

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An Overview of Magento PWA (Progressive Web App)!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Magento 2.3.7: A Concession for Users! A Progressive Online App often known as a PWA, such as Magento PWA, is a web application that combines contemporary web technologies and design principles to create a dependable, quick, and engaging user experience. Progressive Web Apps (PWA) are a relatively new idea proposed by the Google team in 2015.

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TransferMate

ivalua

The post TransferMate appeared first on Ivalua.

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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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Category Management: Essential or Outdated?

Positive Purchasing

Philip Ideson, former procurement delivery leader for Accenture and creator of Art of Procurement , the #1 weekly procurement podcast, explores whether category management remains an essential function for procurement organizations – or not. Only procurement thinks of products and services as categories, and that is okay. The driving intent behind category management is to help the business determine a more value-oriented buying strategy by segmenting their spend purposefully.

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Watch: Load Planning: Solutions to the Capacity Squeeze

Supply Chain Brain

Proper transportation management and data leverage overcome the capacity constraints brought on by the pandemic, says Jason Lockard, senior vice president of BlueGrace Logistics.

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Top 10 Logistics Companies in India!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Featuring Our Top 16 Articles on Freight and Logistics! Flawless logistics can really be the secret ingredient to the recipe for a successful business. And for a business expanding to a country like India – which is the hub of trade (and ever-increasing consumers) working without a solid logistics partner can land your business in a risky position.

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The Month-End Close Process: Everything You Need to Know

Procurify

Written by: Delaney Rombough. Working in a remote or hybrid environment has become the new normal for many mission-driven organizations. For most finance people, that’s easier said than done. Spring is the busiest season for most accounting and finance professionals. We know you’re in the middle of month-end close, quarter-end close, audit preparation, and tax filings.

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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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Making the Case for the Suites – Jim Bureau of Jaggaer

The Procuretech Podcast

This week our guest is Jim Bureau, CEO of Jaggaer. He’s carving out a niche for an all-in-one solution, at a time when best of breeds are gaining market share. I’m known as a bit of a best of breed fanboy, so Jim is stepping into the dragon’s den, here! I welcome Jim to the podcast, congratulate him for his bravery, and ask him about the challenges of offering a full suite solution in a tough market.

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Amazon Threatened Workers Over Union Vote, Labor Officials Find

Supply Chain Brain

U.S. labor board prosecutors plan to accuse Amazon.com Inc. of threatening staff that if they unionized it could propose paying them minimum wage and of punishing an employee for seeking a paid Juneteenth holiday.

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Level up your Content Strategy with Video Marketing!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. A Marketer’s Secret Weapon: Free Instagram Link Video Download! These days, video is synonymous with content strategy and marketing. The skyrocketing popularity of videos explains why this is so. With so much competition in this space already, it is time to level up your content strategy so that it stands out.

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EcoVadis @IvaluaNow: Enterprises Catching ESG Tailwinds

CPO Rising

Leading supply management suite provider, Ivalua, recently held its annual user conference Ivalua Now as an in-person (but also virtual) event in Washington, D.C. It was another stellar showing of this always well-organized and high-class affair. Ardent analysts participated virtually this year and hope to return in person in 2023. The Day One mainstage was […].

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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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Inflation weighing on business owners' sentiment

Strategic Sourceror

With Inflation raging, many products and services cost double what they did at this time last year. These ever rising costs have business owners feeling doubtful conditions will improve with any real significance in the months ahead, according to a new poll from the National Federation of Independent Business. For the second month in a row, the NFIB's Small Business Optimism Index held at a reading of approximately 93, marking the fourth consecutive instance that it's been well below the histori

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Vast Swath of U.S. at Risk of Summer Blackouts, Regulator Warns

Supply Chain Brain

A vast swath of North America from the Great Lakes to the West Coast is at risk of blackouts this summer as heat, drought, shuttered power plants and supply chain woes strain the electric grid.

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4 Tips for Effective SMS Marketing!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Content Marketing Strategy – The Decisive Guide! SMS marketing is a very effective way to reach a large audience directly and quickly, while getting immediate feedback. Text message marketing also has a more personalized feel that can help you build better relationships with your customers or supporters and encourage more loyalty.

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How to Use Predictive Procurement in Chemical Manufacturing

Arkestro

Predictive procurement is a must-have in chemical manufacturing. Why? Few industries are as massive and complex as the $5 trillion chemical manufacturing industry. Using a huge range of raw materials for production, companies in this industry supply chemicals to virtually every sector. Industries as diverse as food production, automobile manufacturing, and pharmaceuticals rely on chemicals.

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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.