Sat.Sep 19, 2020 - Fri.Sep 25, 2020

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The Future Trends In The Supply Chain Industry

All Things Supply Chain

The year 2020 marked not just the start of a new year, but also a new decade.

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MRO Spend Metrics Procurement Needs to Focus On

ProcurePort

No matter the business, and no matter the industry, money is what keeps the gears grinding and the wheels turning. As such, companies that have a stronger sense of control over their cashflow have a leg up on their competitors. This includes being able to dictate funds where they’re needed most, and address the companies […]. The post MRO Spend Metrics Procurement Needs to Focus On appeared first on ProcurePort Blog.

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86% of UK businesses face barriers developing digital skills in procurement

ivalua

A shortage of digitally savvy talent, and a lack of training for technical and soft skills, hinder digital procurement initiatives. 24th September 2020, London – Research from Ivalua, a leading provider of global spend management cloud solutions, has shown that a majority of UK businesses (86%) face significant barriers developing digital skills in procurement.

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Jet Fuel Is Now So Cheap It’s Being Blended for Use by Ships

Supply Chain Brain

The fuel that powers passenger planes is normally among the most expensive oil products, but in a sign of the times the coronavirus has turned it into a blending component for typically cheaper shipping fuel.

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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 09/18/2020 – 09/24/2020

All Things Supply Chain

Amazon to put 1,000 warehouses in suburban neighborhoods Amazon are planning to open 1,000 small delivery hubs in cities and suburbs all over the United States.

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What Kind of Vendor Risk Management System Do You Have in Place?

ProcurePort

Data and personal information are two of the most valuable commodities in the marketplace today. Demonstrated by the massive international scandals related to global politics over the past 5 years, it’s evident that an individual’s data and information is almost as good as gold. Procurement departments deal with some of the most sensitive information that […].

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How Carriers and Shippers Will Navigate an Unpredictable Peak Season

Supply Chain Brain

Every year around this time, carriers, distributors and logistics providers gear up for the coming peak holiday shopping season, on which shippers depend for a large portion of their annual revenue. This year, however, is different, thanks to the coronavirus pandemic and resulting economic freefall.

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The Future Trends In The Supply Chain Industry

All Things Supply Chain

The year 2020 marked not just the start of a new year, but also a new decade.

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7 Benefits of an Inventory Management System

ProcurePort

Are you one of the small and medium businesses (SMBs) that does not have an inventory system in place? It is shocking to imagine that there are companies operating without an inventory management system in this day and age. But even more perplexing are the staggering numbers – as many as 46% of small and […]. The post 7 Benefits of an Inventory Management System appeared first on ProcurePort Blog.

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INVOICE-TO-PAY Unlocking the Secrets of the Accounts Payable Top Performers

ivalua

The post INVOICE-TO-PAY Unlocking the Secrets of the Accounts Payable Top Performers 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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FedEx Seeks to Add Small Self-Flying Planes for Remote Areas

Supply Chain Brain

FedEx Corp. is looking at using small self-flying cargo planes to serve remote areas after experimenting with a technology startup on autonomous aircraft.

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Supply Chain – Ask an Expert with Ratri Loudes

All Things Supply Chain

So far, as part of our Ask an Expert series, I have had the opportunity to interview two supply chain experts in the form of Farzana Shubarna and Sheri Hinish.

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What is the Value of Customer Loyalty?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Customer loyalty article and permission to publish here provided by Bryce Boothby. My entire career, I’ve believed that it is easier to get more business from existing customers than to develop new ones. That’s not to say you don’t want new customers, but given the effort and expense involved, trusted relationships tend to win out over unknowns.

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Why Procurement leaders must act now to tackle the digital skills shortage

ivalua

The role of procurement has transformed over the last decade, from cost-cutter to a vital ally that can inform and enable business strategy. COVID-19 has only served to cement the procurement department’s status as a key stakeholder. Procurement leaders now have a seat at the top table when it comes to making decisions on supply chain opportunities and risk.

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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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‘Boxing Clever’: Realizing the Benefits of Intelligent Cartonization

Supply Chain Brain

Cartonization is getting more attention from businesses as rising volume demand and shipping restrictions drive up costs, and as warehouses surge-hire less-experienced packers to keep up.

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Automation Hero September 2020: Simon Welander

EazyStock

Simon Welander, Team Leader of Operations Planning at Blinkfyrar , has streamlined the ordering process at the company through EazyStock. With the help of inventory optimization, he has freed up time to continue developing other important processes at the company. That’s why he’s EazyStock’s Automation Hero in September! Name: Simon Welander.

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What is Spend Analysis?

Jaggaer

The post What is Spend Analysis? appeared first on Jaggaer.

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Art of Procurement | 2021: Post-Crisis Procurement

ivalua

The post Art of Procurement | 2021: Post-Crisis Procurement 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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Amazon Is Trying to Make the Climate Its Prime Directive

Supply Chain Brain

Amazon last year committed to zeroing out its carbon footprint by 2040, or eliminating the greenhouse gas emissions caused by its activities. The goal is daunting, and there’s no specific plan for how to reach it.

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Calculating Forecast Accuracy & Forecast Error

EazyStock

The Importance of Demand Forecasting Accuracy. In supply chain management it’s important to be able to measure the accuracy of your demand forecasts. Inaccurate demand forecasting can lead to the accumulation of excess stock or the reverse: issues with product availability. Both are unwelcome problems for inventory planners! Ensuring demand forecasting accuracy should be a key responsibility for any conscientious inventory planner.

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Freight Mode Optimization

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What’s the Difference Between Freight Management and Logistics Management? Freight mode optimization article and permission to publish here provided by Adam Robinson at FreightWaves.com. The ability to unlock freight optimization and gain meaningful insights to monitor, measure and improve supply chain management is more critical than ever.

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How Smart Procurement Software Can Help UK Companies Overcome the Digital Skills Shortage

ivalua

A shortage of digitally savvy talent, and a lack of training for technical and soft skills, hinder digital procurement initiatives. 24 th September 2020, London – Research from Ivalua , a leading provider of global spend management cloud solutions , has shown that a majority of UK businesses (86%) face significant barriers developing digital skills in procurement.

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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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Amazon Plans to Put 1,000 Warehouses in Suburban Neighborhoods

Supply Chain Brain

With the holidays approaching, Amazon is consumed with honoring a pre-pandemic pledge to get products to Prime subscribers on the same day.

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What is Spend Analysis?

Jaggaer

Spend analysis is the process of identifying, gathering, cleansing, grouping, categorizing and analyzing your organizations spend data. This is done with the goal of decreasing procurement costs and improving efficiencies. Using real-time data and analytics will give you the insight you need you to save money and gain efficiency. Spend analysis is a branch of the much larger field of spend management.

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Unchaining Change Leadership! (Ebook)

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. If there is one constant it is change. . History has proven that change is inevitable and unstoppable. In every aspect of our environment, our personal lives, and our professional lives we can count on the fact that things will change. Despite this eventuality there are those who not only resist change but who go out of their way to block, stop and even reverse change.

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3 Reasons Why Procurement Leaders Must Act Now to Tackle the Digital Skills Shortage

ivalua

1. Role of Procurement is not what it used to be. The role of procurement has transformed over the last decade, from cost-cutter to a vital ally that can inform and enable business strategy. COVID-19 has only served to cement the procurement department’s status as a key stakeholder. Procurement leaders now have a seat at the top table when it comes to making decisions on supply chain opportunities and risk.

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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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Musk Sets Lofty Goal for $25,000 Model With Tesla-Made Batteries

Supply Chain Brain

Tesla Inc. laid out a road map to build a $25,000 car by 2023 and eventually 20 million cars a year, part of the company’s first-ever and highly anticipated “Battery Day” event.

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Watch: Making the Case for Working From Home

Supply Chain Brain

Moe Vela, chief transparency officer with TransparentBusiness, argues that companies can realize a number of business advantages by continuing to work from home when the pandemic subsides.

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Three Ways to Manage Costs With a ‘Zero-Based’ Supply Chain

Supply Chain Brain

Companies can identify untapped value by applying zero-basing to every part of the supply chain.

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Airbus Unveils Hydrogen Designs for Zero-Emission Flight

Supply Chain Brain

The European planemaker unveiled three designs it’s studying to build hydrogen-powered aircraft as it races to bring a zero-carbon passenger plane into service by 2035.

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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.